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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

    (Center for International Development at Harvard University)

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
    as

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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

    as
    1. Hausmann, Ricardo & Espinoza, Luis & Santos, Miguel Angel, 2016. "Shifting Gears: A Growth Diagnostic of Panama," Working Paper Series rwp16-045, Harvard University, John F. Kennedy School of Government.
    2. Rodrik, Dani, 2004. "Industrial Policy for the Twenty-First Century," CEPR Discussion Papers 4767, C.E.P.R. Discussion Papers.
    3. 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.
    4. 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.
    5. Hausmann, Ricardo & Rodrik, Dani, 2003. "Economic development as self-discovery," Journal of Development Economics, Elsevier, vol. 72(2), pages 603-633, December.
    6. Ricardo Hausmann & Jose Ramon Morales Arilla & Miguel Angel Santos, 2016. "Panama beyond the Canal: Using Technological Proximities to Identify Opportunities for Productive Diversification," CID Working Papers 324, Center for International Development at Harvard University.
    7. 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.
    8. 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.
    9. Gustavo Crespi & Eduardo Fernández-Arias & Ernesto Stein (ed.), 2014. "Rethinking Productive Development," Palgrave Macmillan Books, Palgrave Macmillan, number 978-1-137-39399-9, September.
    Full references (including those not matched with items on IDEAS)

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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. Queiroz, Arthur Ribeiro & Romero, João Prates & Freitas, Elton, 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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