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Appraising the Economic Potential of Panama: Policy Recommendations for Sustainable and Inclusive Growth

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2017-05

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Center for International Development at Harvard University
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Hausmann, Ricardo, Miguel Angel Santos, and Juan Obach. “Appraising the Economic Potential of Panama: Policy Recommendations for Sustainable and Inclusive Growth.” CID Working Paper Series 2017.334, Harvard University, Cambridge, MA, 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:

(i) attracting and retaining qualified human capital;

(ii) maximizing the diffusion of know-how and knowledge spillovers, and

(iii) leveraging on public-private dialog to tackle coordination problems that are hindering economic activity outside the Panama-Colón axis.

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