02029cas a2200253 a 4500 AALejournalIMF017754 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484307861 1018-5941 BD-DhAAL BD-DhAAL Beaton, Kimberly. Panama's Growth Prospects : Determinants and Sectoral Perspectives / Kimberly Beaton, Metodij Hadzi-Vaskov. Washington, D.C. : International Monetary Fund, 2017. 1 online resource (30 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper estimates medium-term potential growth for a country undergoing significant structural and secular changes. Our forward-looking framework, incorporating three analytical approaches for examining economic prospects, constitutes an important complement to typical backward-looking methods that filter or extrapolate historical data. In particular, the opening of the expanded Panama Canal in 2016 highlights significant structural changes underway in the Panamanian economy. We first analyze growth determinants and find that Panama is well-placed to maintain its business model, with improvements in education and governance important to support growth. Second, the current pipeline of investment projects can help sustain investment-led growth, although at a more moderate pace. Third, further development of the logistics and tourism sectors holds promise to further build on Panama's comparative advantage. Mode of access: Internet Hadzi-Vaskov, Metodij. IMF Working Papers; Working Paper ; No. 2017/150 Full text available on IMF http://elibrary.imf.org/view/journals/001/2017/150/001.2017.issue-150-en.xml IMF e-Library