Towards better institutions and sustainable development in Panama

To consolidate the high economic performance registered in the past decade and promote further inclusive development, better institutions and sustainable development are needed. This chapter first describes civic engagement and citizens’ trust in institutions. Second, it presents key aspects of public governance including the framework to plan, prioritise and implement policies in Panama. Third, it studies factors linked to medium- and long-term financial governance. Fourth, it focuses on the implementation of international transparency and exchange of information standards. Fifth, this chapter analyses policies towards further entrepreneurship and competition and better public-private partnerships. Sixth, it highlights the environmental sustainability in Panama, and finally it presents the main conclusions.