Country Report

The Report: Panama 2015
OBG
plus

In recent years Panama’s relatively diversified economy has been notable for its comparatively rapid growth in a regional context and resilience in the face of challenges in key trading partners such as Venezuela. The country’s real GDP expanded by 7.8% annually over the six years to the end of 2014 – including double-digit growth in 2011 and 2012 – compared to an average of 2.8% for the L

Analysis

Panama taking steps towards greater accountability
OBG
plus

For decades, many countries in Latin America struggled with corruption, and Panama is no exception. Corruption has become more prevalent in the country’s psyche, however, as more Panamanian officials, including former president Ricardo Martinelli, were indicted recently for a series of alleged corrupt activities. A New Leaf Though many Panamanians grew accustomed to official impunity during the…