Panama: Selected Issues

March 28, 2013

Preview Citation

Format: Chicago

Panama: Selected Issues, (USA: International Monetary Fund, 2013) accessed September 19, 2024

Summary

Panama’s extensive trade and financial linkages make it vulnerable to adverse external shocks, and this would have a sizable impact on Panama’s real activity. In the absence of monetary policy, macroprudential policy tools could usefully complement microprudential tools. A macroprudential supervisory body must possess the ability or power to collect and analyze firm-, market-, and global-level data to detect risks before they develop into full-blown crises. This study analyzes Panama’s tax structure, performance, and administration in order to identify priority areas for further strengthening

Subject: Banking, Financial institutions, Financial sector policy and analysis, Financial sector stability, Loans, Macroprudential policy, Macroprudential policy instruments, Revenue administration

Keywords: Banking center, Canal traffic, Central America, CR, External shock, Financial sector stability, Global, ISCR, Loans, Macroprudential policy, Macroprudential policy instruments, Output fluctuation, Output response, Panama, Panama canal, Revenue, VAT, Western Hemisphere

Publication Details

Pages:

51
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2013/089
Stock No:

1PANEA2013002
ISBN:

9781484344477
ISSN:

1934-7685

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