For some, the future of Panama is similar to Dubai today. The advice is to try to follow the same steps taken by Asian Tiger for a better alternative.
The path that Singapore has taken in recent years is what has led it to go from being a third world country to becoming one of the financial centers of the world, with a literacy level of 92%. Following its example ought to be Panama’s goal if it wants to be part of the group of first world countries.
So says Mariela Sagel in an opinion piece published in laestrella.com.pa, "the support bases (of Dubai and Singapore) are different and have nothing in common in the area that should be backed in order to have comprehensive development: education. We should re-examine who it is we want to imitate and then channel all actions and priorities in favor of making Panama not the Dubai of America, but the Singapore of Central America. "
Source: laestrella.com.pa
More on this topic
December 2010
FUNDESA compares international indexes of Central American countries and provides suggestions and actions to promote development in Guatemala.
The Foundation for the Development of Guatemala (FUNDESA) presents, as a balance for 2010, an index comparison with other Central American countries and lists 5 groups considered priority actions when promoting better development conditions for Guatemala, expecting better index evaluations for the future:
May 2009
Despite rapid development in recent years, there remain serious obstacles in order to progress beyond what has been achieved in Panama.
These obstacles are structural defects that have to be corrected, such as the inefficiency of public administration, people with low education, lack of skilled labor, regions far away from the capital lacking basic services and serious problems in transportation and health.
June 2010
In Latin America, children have far less development opportunities than kids growing up in Europe, the United States or Canada.
Chile and Uruguay are the best placed Latin American nations in the 2010 Human Opportunity Index, but they are way below the so called “first world countries”, in having the necessary conditions for human development.
January 2009
Abraham Lowenthall rediscovered the isthmus 25 ago and analyzes the changes that have occurred during that period.
In his column published in America Economia, the analyst asks us to "Imagine that your twin brother will wake up today from a 25 year coma and asks you for a report on the main changes that have occurred in Central America, what will you tell him?