Panama: Selected Issues

Publication Date:

March 28, 2013

Electronic Access:

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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

Series:

Country Report No. 2013/089

Subject:

English

Publication Date:

March 28, 2013

ISBN/ISSN:

9781484344477/1934-7685

Stock No:

1PANEA2013002

Pages:

51

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