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Topic: Economy of Panama

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Economy of Honduras

Economy of Nicaragua

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Demographics of Panama

History of Panama

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	Index of Economic Freedom
		Panama is ranked 10th out of 29 countries in the Americas, and its overall score is slightly higher than the regional average.
		Panama is a regional financial hub and uses the U.S. dollar as its currency.
		Panama's judiciary, although constitutionally independent, is influenced by the executive.
	www.heritage.org /research/features/index/country.cfm?id=Panama (888 words)

	Economy of Panama :: Gowealthy.com
		Panama is a genuine international trade and banking center that is well known and respected throughout the world.
		Panama is negotiating the Free Trade Agreement of the Americas (FTAA) and will become the headquarters for the administrative offices between the years 2001 and 2003.
		Panama has been ranked first in Central/South America for low cost of living, operational cost and index of labor by the Tripartite Committee, which consists of the Economic Commission for Latin America and the Caribbean (ECLAC), the Organization of American States (OAS) and the Inter-American Development Bank (IDB).
	www.gowealthy.com /article/1378/index.asp (491 words)

	Explore Panama - Business
		Panama's economy is based primarily on a well-developed services sector that accounts for 70 percent of GDP.
		Panamaþs manufacturing industry, which has been protected by decades of high tariffs and fiscal incentives, is not competitive in the international marketplace.
		Panama's international banking center consists of 108 banks, of which 62 are general license banks, 30 are international license (offshore) banks, and 16 are representative offices.
	www.explorepanama.com /business/growth.htm (1372 words)

	Panama - Demopedia (Site not responding. Last check: 2007-10-28)
		Panama was then part of Colombia, so Roosevelt opened negotiations with the Colombians to obtain the necessary permission.
		Panama proceeded to proclaim its independence on November 3, 1903, and the USS Nashville in local waters impeded any interference from Colombia.
		On December 31st 1999 the ownership of the Panama Canal was transferred to Panama.
	demopedia.democraticunderground.com /index.php/Panama (582 words)

	Economy of Panama: Definition and Links by Encyclopedian.com
		Economy - overview: Because of its key geographic location, Panama's economy is service-based, heavily weighted toward banking, commerce, and tourism.
		Panama's economy is based primarily on a well-developed services sector that accounts for nearly 80% of GDP.
		Additionally, Panama is negotiating free trade areas with Mexico and its Central American neighbors.
	www.encyclopedian.com /ec/Economy-of-Panama.html (490 words)

	Economy of Panama
		Economy - overview: Because of its key geographic location, Panama's economy is service-based, heavily weighted toward banking, commerce, and tourism.
		Panama's economy is based primarily on a well-developed services sector that accounts for nearly 80% of GDP.
		Beginning March 1, 2001, Panama served as host for the 2001-03 Free Trade Area of the Americas negotiations.
	www.ebroadcast.com.au /lookup/encyclopedia/ec/Economy_of_Panama.html (443 words)

	Hispanics, Latinos, Hispano Mundo - Panama (Site not responding. Last check: 2007-10-28)
		Two of the largest cities Panama (City), the capital, with a population of nearly 700,000 in the metropolitan area, and Colon with almost 70,000 inhabitants lie respectively at the Pacific and Caribbean entrances to the Panama Canal.
		The value of Panama's catch of fish exceeds the combined fishing total in the economy of its neighbors; nearly a fifth of Panama's foreign income is earned from the sale of shrimps and fish meal.
		Panama was originally an outlying province of the Viceroyalty of New Granada.
	www.hispanomundo.com /Panama.htm (1629 words)

	What Makes Panama's Economy Tick? Panama Info for Investors
		The Panamanian economy is small, open and shows a high duality: The export-oriented service sectors exert a dominant role in the GDP accounts but have limited linkages to the rest of the economy, including their relatively poor contributions to tax revenues and employment.
		The long term decline in the dynamism of the Panamanian economy is closely associated with the performance of its exports of goods and services which show a very high correlation with the growth of its GDP; thus the higher the growth in exports implies a higher growth in GDP.
		Panama has a financial system which is fully integrated to the global markets, a fundamental difference with respect to other “dollarized” systems where foreign banks do not have a major presence and don’t play a stabilizing role when shocks do occur.
	www.fenixpanama.com /panama-economy.html (1211 words)

	Panama (02/07)
		Panama is a representative democracy with three branches of government: executive and legislative branches elected by direct vote for 5-year terms, and an independently appointed judiciary.
		Panama maintains an embassy in the United States at 2862 McGill Terrace, NW, Washington, DC 20008 (tel: 202-483-1407).
		Panama is a member of the UN General Assembly and most major UN agencies and started its fourth term as a member of the UN Security Council in January 2007.
	www.state.gov /r/pa/ei/bgn/2030.htm (3524 words)

	Offshore jurisdiction: Panama
		Panama is considered by government analysts to be the most stable government in all of Central or South America with excellent government infrastructure adhering to a Roman system or law.
		Panama is the largest international banking center in the world next to Switzerland with approximately 150 international banks located in Panama alone.
		The economy is one of the most stable, prosperous, and most advanced in all of Central and South America being the second largest international distribution and free trade zone in the world next to Hong Kong.
	www.confidentialbanking.com /jurisdictions-panama.html (1373 words)

	SICE - ECLAC - Economy of Panama (Site not responding. Last check: 2007-10-28)
		After consolidating the opening of the economy by taking the country into the World Trade Organization (WTO) in the first half of the year and moving ahead with the phased rollback of tariff barriers, economic policy-makers concentrated on continuing the modernization and reform of the public sector and putting government finances on a sound footing.
		Panama’s entry to the World Trade Organization was finalized in 1997 and a phased rollback of foreign trade tariffs got under way.
		The gradual handover of Panama Canal installations began, and at the same time the sale of 49% of the stock of the telecommunications company was completed and the electricity company, which is due to be sold off in 1998, was restructured.
	www.sice.oas.org /geograph/westernh/97/ovpan_e.asp (1035 words)

	offshore incorporations, off shore companies, off-shore places, Panama
		Panama is the registered domicile for over 400,000 corporations and foundations, making it one of the most popular jurisdiction to incorporate in the world.
		Panama's circulating currency is the US Dollar, and Panama has no currency exchange controls or currency restrictions so funds can flow in and out of the country freely.
		Panama's economy is one of the most stable, prosperous, and most advanced in all of Central and South America.
	www.offshoresimple.com /why_panama.htm (2711 words)

	Panama Economy
		Panama's economy is based primarily on a well-developed services sector that accounts for nearly 80% of GDP.
		The Government of Panama expects the project to be a transforming event for Panama that will provide 7,000-9,000 direct new jobs during the peak construction period of 2009-2011 and set the tone economically for years to come.
		In December 2006 the U.S. and Panama concluded negotiations of a Trade Promotion Agreement with the understanding that it is subject to further discussions regarding labor.
	www.traveldocs.com /pa/economy.htm (465 words)

	Economy - Panama - Central America: economy panama, business economy, commercial debt, manuel noriega, colonial times
		This role assumed worldwide significance in the 20th century with the completion of the Panama Canal, which dominated Panama’s economy for decades and tied it closely to the United States.
		In the 1990s the rural economy accounted for 10 percent of the GDP and was primarily agricultural, producing farm and ranch commodities.
		The economy suffered a serious decline in the late 1980s, when the United States imposed a series of restrictions on trade and financial dealings with Panama and eventually invaded the country to overthrow the government of Manuel Noriega.
	www.countriesquest.com /central_america/panama/economy.htm (592 words)

	Panama - Wikipedia, the free encyclopedia
		Much of Panama's domestic politics and international diplomacy in the twentieth century was tied to the Panama Canal and the foreign policy of the United States.
		Panama's politics takes place in a framework of a presidential representative democratic republic, whereby the President of Panama is both head of state and head of government, and of a pluriform multi-party system.
		*Panama ·** Paraguay · Peru · Suriname · Trinidad and Tobago* · Uruguay · Venezuela
	en.wikipedia.org /wiki/Panama (2149 words)

	Panama Business & Economy Briefs
		Panama is hosting a regional tournament for boys aged 13 to 15 and the baseball federation requested to use the field, which, like most of the rest of Howard, is vacant.
		Panama City's mayor, treasurer and city council president, often at odds, have presented a united front before the city's fiscal crisis and announced restrictions on telephone and electricity use and a hiring freeze.
		Economy and Finance Minister and Cable and Wireless director Norberto Delgado has appealed to the Supreme Court to overturn a lower court ruling awarding Candelario Santana Vásquez $3.6 million in attorney's fees for representing employees of the old state-owned IRHE electric utility during its privatization.
	www.thepanamanews.com /pn/v_08/issue_14/business_briefs.html (2094 words)

	Panama - GROWTH AND STRUCTURE OF THE ECONOMY
		In 1985 Panama experienced economic recovery with 4.1-percent GDP growth; the corresponding figure for 1986 was estimated to be 2.8 percent.
		In the 1980s, Panama was forced to address some of the excesses of the 1970s, and to adjust its policies, often under the aegis of the International Monetary Fund (IMF) and the World Bank.
		In the 1960s, Panama experienced buoyant growth in virtually all areas of the economy as a result of the boom in canal-related activities and the growth in private investment.
	countrystudies.us /panama/42.htm (1546 words)

	:: Panama Economy \|\| Focus Panama ::
		According to government officials, Panama’s gross domestic product per capita is one of the highest in the region with an estimated US$3,663 in 2001, though it reflects a general trend in the metropolitan area of Panama City and Colon where 75% of all economic activity is concentrated.
		In February 2002 Panama began talks on a tax information treaty with the U.S. and the government has also signed a memorandum with the OECD to improve the transparency of its tax system and establish a system of exchange of information on tax issues by December 2005.
		Panama was certified in May as complying with international regulations to protect sea turtles which should boost exports to the US in the next months.
	www.focuspublicationsint.com /focuspanama/en/economy.htm (2803 words)

	Doing Business in Panama
		The Isthmus of Panama was discovered in 1501 by Rodrigo de Bastidas and Vasco Nunez de Balboa, who had a leading part in the establishment of Santa Maria La Antigua del Darien in 1510, the first permanent settlement on the mainland of the Americas.
		Thus, the economy of Panama is dominated by the service sector, which accounts for approximately 62% of the gross national product; agriculture and fishing account for 16% and manufacturing 13%.
		Taking advantage of Panama's international monetary and tax environment, the PSE is committed to being an attractive niche for international issuers and investors appealing to their particular characteristics of size, scope, and capital needs which would be better served here than in larger and more distant markets.
	www.infonetsa.com /infonetsa/incorp/buss1.htm (5559 words)

	Panama Economy
		The GOP is also seriously considering undertaking a major $4-7 billion expansion of the Panama Canal, but a national referendum, required by PanamaÕs Constitution, has not yet been scheduled.
		Panama is continuing free trade negotiations with the four remaining Central American countries and Mexico, although many of these are on hold.
		Panama is also negotiating bilateral free trade agreements with the United States and Singapore.
	www.nationbynation.com /Panama/Economy.html (278 words)

	Panama - The Economy
		SEVERAL DISTINCTIVE FEATURES characterized Panama's economy in the late 1980s; the most striking was its internationally oriented services sector, which in 1985 accounted for over 73 percent of the gross domestic product (GDP), the highest such percentage in the world.
		Panama's money supply was determined by the United States Federal Reserve System; therefore, the country could neither print money nor devalue the currency.
		Construction of the Panama Canal across the isthmus in the early 1900s and expanding world commerce have combined to foster rapid economic growth in the country throughout the twentieth century.
	countrystudies.us /panama/41.htm (486 words)

	Panama History \| iExplore.com
		Moscoso thus became Panama’s first female President and presided over the defining event in recent Panamanian history – the return of the Panama Canal Zone to Panama under the terms of the agreement negotiated by the Panamanians and the US Carter administration in 1980.
		Panama has a relatively prosperous economy based on agriculture, light industry, revenues from the Panama Canal and the service sector.
		Further revenue is obtained from tolls levied on ships passing through the Panama Canal (which came under full Panamanian control in 2000) and from registration fees for a plethora of ‘offshore’ companies exploiting Panama’s strict banking and commercial secrecy laws (although the Government has recently instituted measures to permit disclosure in suspected cases of money-laundering).
	www.iexplore.com /dmap/Panama/History (1103 words)

	Economy Of Panama (Site not responding. Last check: 2007-10-28)
		If you would like to use this flag of Panama or any other on your website you are welcome to do so, all we ask is that you include a link back to our site on the same page.
		If you would like to use this map of Panama or any other on your website you are welcome to do so, all we ask is that you include a link back to our site on the same page.
		If you would like to use this information for Panama or any other on your website you are welcome to do so, all we ask is that you include a link back to our site on the same page.
	www.appliedlanguage.com /country_guides/panama_country_economy.shtml (377 words)

	Panama Economy
		The GOP is also seriously considering undertaking a major $4-7 billion expansion of the Panama Canal, but a national referendum, required by PanamaÕs Constitution, has not yet been scheduled.
		Panama is continuing free trade negotiations with the four remaining Central American countries and Mexico, although many of these are on hold.
		Panama is also negotiating bilateral free trade agreements with the United States and Singapore.
	www.multied.com /NationbyNation/Panama/Economy.html (278 words)

	SUMMIT COMMUNICATIONS
		Panama’s economy is based on a well-run and developed service sector, which accounts for approximately 80% of the nation’s GDP.
		The Panama Canal, the Canal Zone, a modern telecommunications infrastructure, the Colon Free Zone and the country’s booming international banking industry all contribute to form the foundation of the service sector.
		Panama is a safe place to invest, and is a port nation that is going to develop what it needs to develop.
	www.summitreports.com /panama/investment.htm (680 words)

	Panama Visa Application - Tourist Visas, Business Visas, Expedited Visas - Panama Page
		The entire Panama Canal, the area supporting the Canal, and remaining US military bases were turned over to Panama by or on 31 December 1999.
		Panama's history has been shaped by the evolution of the world economy and the ambitions of great powers.
		Panama’s first free trade agreement, with El Salvador, entered into force in early 2003, and in August 2003 Panama concluded negotiations on an FTA with Taiwan.
	www.travisa.com /panama (894 words)

	Second passport, Panama offshore services
		Many international investors and companies find Panama to be an excellent location for investing in reforestation, manufacturing plants, assembly plants, distribution facilities for import/export, software creation facilities, call centers, and a variety of other business activities.
		No part of this publication may be reproduced, stored in a retrieval system or any computer network, or transmitted, in any form or by any means, electronic, mechanical, electro-optical or otherwise without the prior written permission of the copyright holder for which written application should be made.
		Panama Offshore Services International, Inc. is not a brokerage firm, or investment advisory firm and does not offer investment or investment advisory services.
	www.panama-offshore-services.com /passportprograms/passportprograms/PassportPrograms.html (579 words)

	Panama
		Although entry into Panama is currently permitted with proof of U.S. citizenship (such as a certified birth certificate or a Naturalization Certificate) and official photo identification (such as a driver's license), travelers have experienced difficulties exiting Panama and re-entering the U.S. when not in possession of a valid U.S. passport.
		Panama's roads, traffic and transportation systems are generally safe, but traffic lights often do not exist, even at busy intersections.
		It is advisable to contact the Embassy of Panama in Washington or one of Panama's consulates in the United States for specific information regarding customs requirements.
	travel.state.gov /travel/cis_pa_tw/cis/cis_994.html (2674 words)

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