Panama
- Author: Economic Commission for Latin America and the Caribbean
- Main Title: Economic Survey of Latin America and the Caribbean 1993 , pp 363-386
- Publication Date: December 1994
- DOI: https://doi.org/10.18356/0e2d83de-en
- Language: English
The progressive return to normal in the provision of the international services that are the hallmark of the Panamanian economy, along with a high level of investment, contributed to the sustained increase in economic activity (6%) in 1993, the fourth consecutive year in which per capita output rose substantially. The economy experienced virtually zero inflation and the fiscal deficit was almost entirely eliminated. During the year, however, there were several indications that the current expansionary phase, which had been sustained by the surge in capital formation associated with the process of rebuilding and urban renewal, was weakening.
© United Nations
ISBN (PDF):
9789210601207
Book DOI:
https://doi.org/10.18356/a858e3b6-en
Related Subject(s):
Economic and Social Development
Sustainable Development Goals:
Countries:
Panama
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