report 2012

Economic growth is not enough

Panama has enjoyed economic growth in recent years, but this has not led to people being empowered or freed to live decent and fulfilling lives. Nor has it resulted in effective policies to reduce poverty or preserve and protect the environment. Since 2009 the Government has made policy mistakes that have damaged governability, disturbed the populace and generated a climate of tension in the country. To achieve a sustainable development model, the Government will have to design and implement better policies and increase social investment so as to tackle the alarming levels of inequality in the country.

BCI & GEI 2011