Author : Organisation for Economic Co-operation and Development
Release : 2018
Genre :
Kind : eBook
Book Rating : 607/5 ( reviews)

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Book Synopsis Multi-Dimensional Review of Panama by : Organisation for Economic Co-operation and Development

Download or read book Multi-Dimensional Review of Panama written by Organisation for Economic Co-operation and Development. This book was released on 2018. Available in PDF, EPUB and Kindle. Book excerpt: Panama has achieved socio-economic improvements in recent decades thanks to strong economic growth and consequent poverty reduction. Its growth model is characterised by a dual economy in which a small number of activities, including those related to the Canal and Special Economic Zones, have exhibited high productivity growth but limited job creation. Panama should now embark on a new reform agenda to become a sustainable and inclusive high-income country. This report urges greater productivity in sectors that contribute to job formalisation to reduce disparities in income and among regions. As developing these policies requires further resources, taxation system and private sector involvement through public-private partnerships should also be reinforced. Focusing on skills and jobs, regional development and development financing, the volume provides analysis and recommendations on three areas which are key for Panama.