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Panama - Current economic position and prospects (Inglês)

Notwithstanding a very high rate of population increase (2.6 percent), Panama is still sparsely settled. Heavy concentration in the terminal cities makes for a very uneven distribution of population which, together with the preponderance of lower age groups, complicates problems of economic development. There is both urban unemployment and rural underemployment. Urban unemployment will continue to be a difficult problem. Over the past ten years output has increased at an average annual rate of 4.5 per cent, or 1.9 percent on a per capita basis. By far the most marked improvement has occurred in agriculture and related industries. Since 1948 industry has been operating below capacity. Both saving and investment have been low. Investment, previously largely concentrated in construction, has been lately directed towards more productive employment. Private savings have tended to increase in recent years, and as long as a favorable business' .climate is maintained they can be expected to continue to increase.

Detalhes

  • Data do documento

    1955/03/31

  • TIpo de documento

    Relatório Econômico ou Setorial Pré-2003

  • No. do relatório

    WH39

  • Nº do volume

    1

  • Total Volume(s)

    1

  • País

    Panamá,

  • Região

    América Latina e Caribe,

  • Data de divulgação

    2010/06/12

  • Disclosure Status

    Disclosed

  • Nome do documento

    Panama - Current economic position and prospects

  • Palavras-chave

    balance of payment;rate of population increase;gross national product;per capita income;errors and omission;national income;monetary system;land tenure system;distribution of population;Freely Convertible Currency;total labor force;Agriculture;international transaction;rate of growth;total cash expenditures;income and expenditure;demand for import;types of revenue;capital goods import;classification of budget;degree of liquidity;agriculture and industry;construction of hospitals;quality and quantity;large commercial enterprise;production of chicken;production and export;distribution of investment;savings and investment;foreign private capital;terms of trade;Type of Investment;volume of investment;vocational training program;fixed capital formation;rural development policy;low population density;production of rice;source income;source of income;diversification of export;private business sector;per capita basis;road construction program;productive investment;Electric Power;urban unemployment;external position;rural area;road system;construction material;industrial activity;domestic production;cash position;government bond;rural manpower;food processing;food import;cash balance;domestic output;insurance companies;raw material;private investment;public building;Property tax;government revenue;investment expenditure;Social Welfare;private individuals;administrative expense;private enterprise;real income;public finance;subsistence farming;agricultural income;increasing share;tax assessment;International Trade;administrative structure;taxable income;consumer good;age structure;fiscal position;statistical appendix;inheritance law;commercial activity;consumer goods;generating capacity;public revenue;agricultural production;process industry;extension service;gross product;national currency;private investor;capital transfer;portfolio investment;direct payment;trade deficit;import figures;transfer payment;foreign traveler;net earning;geographic position;political boundary;compensatory financing;capital transaction;foreign balance;private donations;shipping company;country imports;sanitary condition;modern equipment;merchandise export;retail trade;domestic demand;milk processing;livestock population;production agriculture;indigenous industry;livestock raising;coastal area;commercial farmer;small investor;national production;public debt;budgetary situation;money supply;personal service;adjustment factor;domestic price;external payment;primary product;transit trade;free convertibility;Stabilization policies;foreign capital;price level;geographical advantage;foreign income;payment problem;external transactions;heavy burden;foreign earnings;outstanding amount;foreign exchange;sustained flow;newspaper advertisement;institutional advertising;net payment;bond market;absorptive capacity;productive employment;gradual decline;food product;fiscal action;Public Utilities;postwar period;domestic borrowing;national resource;debt obligation;total debt;tax structure;increased revenue;Investment Intermediaries;public authority;institutional problem;farm mechanization;agricultural area;productive purposes;secondary road;increasing consumption;road maintenance;labor supply;high wage;private saving;postwar year;foreign supply;severe recession;political instability;Business Climate;local market;manufacturing industry;soft drink;cement plant;foreign market;financial intermediaries;public policy;profit expectation;large business;cultivable land;external borrowing;government borrowing;scarce resource;gross sale;commercial basis;import duty;investment pattern;consumption requirements;cattle population;beef cattle;world price;consumption level;export income;employment policy;statistical evidence;commercial catch;Employment Policies;employment opportunity;shoe factory;fishing industry;vegetable oil;fresh meat;national output;administrative policy;investment policy;capital structure;fishery product;industrial production;industrial structure;fuel resource

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