You have reached the limit of premium articles you can view for free.
Already have an account? Login here
Get expert, on-the-ground insights into the latest business and economic trends in more than 30 high-growth global markets. Produced by a dedicated team of in-country analysts, our research provides the in-depth business intelligence you need to evaluate, enter and excel in these exciting markets.
Suitable for
This article also features in The Report: Panama 2015. Read more about this report and view purchase options in our online store.
Featuring an interview with Eduardo Morgan Jr, Principal Partner and Chairman of the Board at Morgan & Morgan, this chapter provides an overview of Panama’s legal framework, covering a range of topics from intellectual property rights to labour laws and investment incentives, among others.
Due to its central location, Panama’s economy is primarily based on a well-developed services sector, which accounts for nearly 83.4% of GDP. Services include the Panama Canal and its associated logistics hub, the Colón Free Trade Zone (CFTZ), banking, insurance, tourism and the international ship registry, health care and other economic sectors. Some of the main reasons for Panama’s success as a financial centre include the free circulation of the US dollar, the absence of monetary controls…
The most recent and relevant developments related to intellectual property (IP) in Panama have been the amendment of Law 35 of 1996 (Panama’s Industrial Property Law) through Law 61 of 2012, and the amendment of Law 15 of 1994 (Copyright Law) through Law 64 of 2012. These amendments have enabled Panama to update two laws that for many years were considered models for the IP in the region. Panama has updated its IP laws in order to keep up with the changing world and new technologies. It adheres…
Interview:Eduardo Morgan To what extent can regulations be improved to further encourage private sector activity? EDUARDO MORGAN: Panama is a very open country and the private sector plays a key role in the nation’s development. The government, regardless of the administration, has always been very aware of this, and this cooperation is reflected in our laws. So any regulatory modifications should be made with respect to improving efficiency related to private participation. There shouldn’t…
| Cookie | Duration | Description |
|---|---|---|
| cookielawinfo-checkbox-analytics | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics". |
| cookielawinfo-checkbox-functional | 11 months | The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". |
| cookielawinfo-checkbox-necessary | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary". |
| cookielawinfo-checkbox-others | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other. |
| cookielawinfo-checkbox-performance | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance". |
| viewed_cookie_policy | 11 months | The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data. |
