Panama: Selected Issues and Statistical Appendix
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Summary:
This Selected Issues paper on Panama explores the current situation and trends of the Caja del Seguro Social (CSS) in Panama. The autonomy is embedded in its Organic Law, which also provides the agency with the right to have separate funds from the central government. The slowdown in economic activity and employment has led to a decline in the coverage of the social security system. The Panamanian pension levels are generous, despite the lack of indexation, even by the high standard of advanced European countries, and among the highest in Latin America.
Series:
Country Report No. 2006/026
Subject:
Banking Commercial banks Deposit insurance Financial crises Financial institutions Foreign banks Labor Lender of last resort Pensions
English
Publication Date:
January 26, 2006
ISBN/ISSN:
9781451830866/1934-7685
Stock No:
1PANEA2006003
Pages:
94
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