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Appraising the Economic Potential of Panama Policy Recommendations for Sustainable and Inclusive Growth

Author

Listed:
  • Juan Obach

    (Center for International Development at Harvard University)

  • Miguel Angel Santos

    (Center for International Development at Harvard University)

  • Ricardo Hausmann

    (Harvard's Growth Lab)

Abstract

This report aims to summarize the main findings of the project as gathered by the three baseline documents, and frame them within a coherent set of policy recommendations that can help Panama to maintain their growth momentum in time and make it more inclusive. Three elements stand out as cornerstones of our proposal: (i) attracting and retaining qualified human capital; (ii) maximizing the diffusion of know-how and knowledge spillovers, and (iii) leveraging on public-private dialog to tackle coordination problems that are hindering economic activity outside the Panama-Colón axis.

Suggested Citation

  • Juan Obach & Miguel Angel Santos & Ricardo Hausmann, 2017. "Appraising the Economic Potential of Panama Policy Recommendations for Sustainable and Inclusive Growth," CID Working Papers 334, Center for International Development at Harvard University.
    • Handle: RePEc:cid:wpfacu:334
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    File URL: https://growthlab.cid.harvard.edu/files/growthlab/files/panama_policy_wp_334.pdf
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    References listed on IDEAS

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    1. Rodrik, Dani, 2004. "Industrial Policy for the Twenty-First Century," Working Paper Series rwp04-047, Harvard University, John F. Kennedy School of Government.
    2. Andrews, Matt & Pritchett, Lant & Woolcock, Michael, 2013. "Escaping Capability Traps Through Problem Driven Iterative Adaptation (PDIA)," World Development, Elsevier, vol. 51(C), pages 234-244.
    3. Andrews, Matt, 2017. "Learning to Target for Economic Diversification: PDIA in Sri Lanka," Working Paper Series rwp17-020, Harvard University, John F. Kennedy School of Government.
    4. Gustavo Crespi & Eduardo Fernández-Arias & Ernesto Stein (ed.), 2014. "Rethinking Productive Development," Palgrave Macmillan Books, Palgrave Macmillan, number 978-1-137-39399-9, December.
    5. Matt Andrews & Peter Harrington, 2017. "Learning to Target for Economic Diversification; PDIA in Sri Lanka," CID Working Papers 332, Center for International Development at Harvard University.
    6. Ricardo Hausmann & Luis Espinoza & Miguel Angel Santos, 2016. "Shifting Gears: A Growth Diagnostic of Panama," CID Working Papers 325, Center for International Development at Harvard University.
    7. Ricardo Hausmann & Jose Ramon Morales Arilla & Miguel Angel Santos, 2016. "Panama beyond the Canal: Using Technological Proximities to Identify Opportunities for Productive Diversification," Growth Lab Working Papers 84, Harvard's Growth Lab.
    8. Hausmann, Ricardo & Rodrik, Dani, 2003. "Economic development as self-discovery," Journal of Development Economics, Elsevier, vol. 72(2), pages 603-633, December.
    9. Jorge Thompson Araujo & Markus Brueckner & Mateo Clavijo & Ekaterina Vostroknutova & Konstantin M. Wacker, 2014. "Benchmarking the Determinants of Economic Growth in Latin America and the Caribbean," World Bank Publications - Reports 21318, The World Bank Group.
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    Cited by:

    1. Romero, João P. & Gramkow, Camila, 2021. "Economic complexity and greenhouse gas emissions," World Development, Elsevier, vol. 139(C).
    2. Freitas, Elton & Queiroz, Arthur Ribeiro & Romero, João Prates, 2023. "Economic complexity and employment in Brazilian states," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), April.
    3. João P. Romero & Fabrício Silveira & Elton Freitas, 2022. "Mission healthcare: using economic complexity to devise mission-oriented diversification strategies for Brazil," Textos para Discussão Cedeplar-UFMG 639, Cedeplar, Universidade Federal de Minas Gerais.

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