The future of Global Trade and Panama

Nowadays world is changing rapidly under the influence of many factors, among them are changing ways of consumption, constant progress in technology and medicine, new forms of trade and markets, and all of that in the unstable environment and policy.

As the world passes through incredible changes in transport and communications discover new breakthroughs, trade and FDI allow many other countries to become included in the world process. Increase in population wealth and constant growing number of people will put more and more pressure on the resources and make the countries manage resources more prudently. Environment issue will require more and more attention with time.

World Trade Report 2013 notes that the future of trade will depend on economic and political institutions, as well as the interaction between cultures, along with political measures that are able or unable to react to social matters.

Finally it is important to notice that Panama looks very stable and promising, despite of being a small economy, which is mostly vulnerable to the economic shift and macroeconomic changes. The key features of Panamanian economic policy are wise financial and tax strategy, very favorable geographical location and a small population.

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