Panama and Central American economic integration
Includes bibliography
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2014
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oai-11362-105482020-11-19T01:58:04Z Panama and Central American economic integration Cáceres, Luis René MCCA AJUSTE ESTRUCTURAL ANALISIS COSTO-BENEFICIO DESARROLLO ECONOMICO EXPORTACIONES INTEGRACION ECONOMICA COST-BENEFIT ANALYSIS ECONOMIC DEVELOPMENT ECONOMIC INTEGRATION EXPORTS STRUCTURAL ADJUSTMENT MCCA Includes bibliography This article looks at the benefits that Panama could derive from its possible integration with the countries of the Central American Common Market (CACM);. First of all, Panama's production structure is analysed in terms of the phenomenon known as the "Dutch disease": this reveals the de-industrializing effect that the booms in the services sector have had on the economy. An examination is then made of the advantages that Panama could derive from gradual integration with the CACM countries in terms of intra-industry exports, promotion of investments, competition and modernization of production, and it is asserted that these benefits do not exist, on a reciprocal basis, in a scheme based on unilateral trade openness. An examination is also made of the ways in which subregional integration could further a process of modernization of production which could offset the adverse effects of the Dutch disease. Finally, some econometric equations based on a gravity model are presented and a quantitative assessment is made of the appreciable improvement that Panama could secure in its trade balance with the CACM if it became a full member of that integration scheme. 2014-01-02T18:41:31Z 2014-01-02T18:41:31Z 1995-12 Texto Sección o Parte de un Documento http://hdl.handle.net/11362/10548 LC/G.1891-P en CEPAL Review CEPAL Review 57 application/pdf AMERICA CENTRAL PANAMA CENTRAL AMERICA PANAMA |
| institution |
Cepal |
| collection |
Cepal |
| language |
English |
| topic |
MCCA AJUSTE ESTRUCTURAL ANALISIS COSTO-BENEFICIO DESARROLLO ECONOMICO EXPORTACIONES INTEGRACION ECONOMICA COST-BENEFIT ANALYSIS ECONOMIC DEVELOPMENT ECONOMIC INTEGRATION EXPORTS STRUCTURAL ADJUSTMENT MCCA |
| spellingShingle |
MCCA AJUSTE ESTRUCTURAL ANALISIS COSTO-BENEFICIO DESARROLLO ECONOMICO EXPORTACIONES INTEGRACION ECONOMICA COST-BENEFIT ANALYSIS ECONOMIC DEVELOPMENT ECONOMIC INTEGRATION EXPORTS STRUCTURAL ADJUSTMENT MCCA Cáceres, Luis René Panama and Central American economic integration |
| description |
Includes bibliography |
| format |
Texto |
| author |
Cáceres, Luis René |
| author_facet |
Cáceres, Luis René |
| author_sort |
Cáceres, Luis René |
| title |
Panama and Central American economic integration |
| title_short |
Panama and Central American economic integration |
| title_full |
Panama and Central American economic integration |
| title_fullStr |
Panama and Central American economic integration |
| title_full_unstemmed |
Panama and Central American economic integration |
| title_sort |
panama and central american economic integration |
| publishDate |
2014 |
| url |
http://hdl.handle.net/11362/10548 |
| work_keys_str_mv |
AT caceresluisrene panamaandcentralamericaneconomicintegration |
| _version_ |
1718442033494884352 |