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Multi-dimensional Review of Panama

Volume 3: From Analysis to Action

image of Multi-dimensional Review of Panama

This MDCR is designed to help Panama formulate development strategies, and identify and support the policy reforms needed to achieve further sustainable and inclusive development. This review comes at a time when Panama is achieving high economic growth but further policy action is needed to expand socio-economic benefits across all economic sectors, regions and households.

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From a dual economy towards an inclusive and sustainable high-income country

Panama is embarking on a new reform agenda to transition from a dual economy to sustainable and inclusive high-income country. After almost three decades of strong macroeconomic performance, poverty reduction and advances in some well-being dimensions, prosperity has not translated into social benefits for the whole population. Today Panama is classified as a high-income country but faces the challenges of adopting a new development model to ensure prosperity is to the benefit of all Panamanians. This overview chapter summarises and highlights the main analytical work carried out in Volumes 1 and 2 of the Multi-dimensional Review of Panama to promote further inclusive development.

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