Country Case Study on Panama
Instructions
please read attachement .I'm currently stationed in Japan, please be aware i am almost half a day ahead of you. i need the paper NLT July 20th, 2017 @6am.
Answer
Country Case Study on PanamaOver the past one decade, Panama has been among the Latin America countries with the fastest growing economies. The countrys real Gross Domestic Product (GDP) between 2004 and 2013 expanded by approximately eight percent. Additionally, Panama was not adversely affected by the global financial crisis such that it recorded a growth of four percent in 2009 when other countries in Latin America experienced a contraction. The economy of Panama, after the global financial crisis, rapidly improved to reach double-digit growth rates both in 2010 and 2011. A highly-developed service sector is the axis of Panamas economy, and it represents over three-quarters of its GDP. The use of the United States dollar and the Panama Canal are the primary factors that enhance the coun...
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