Appraising the Economic Potential of Panama: Policy Recommendations for Sustainable and Inclusive Growth
CID Faculty Working Paper No. 334
Ricardo Hausmann, Miguel Santos, and Juan Obach
May 2017
Abstract:
This report aims to summarize the main findings of the project as gathered by the three baseline documents, and frame them within a coherent set of policy recommendations that can help Panama to maintain their growth momentum in time and make it more inclusive.
Three elements stand out as cornerstones of our proposal:
- attracting and retaining qualified human capital
- maximizing the diffusion of know-how and knowledge spillovers
- leveraging on public-private dialog to tackle coordination problems that are hindering economic activity outside the Panama-Colón axis
Research Project: Panama
Affiliated Program: Growth Lab