Panama Canal and the arise of a potential competitor

Madellen Denisse Barrios Espino

Bachelor's thesis

Abstract:

Is not a secret the positive impact that Panama Canal has being executing not only during the last years but for more than hundred years in the world’s economy building the best plan, shortening a way between two oceans, promoting the commercial and economic trade. People who have visited Panama are surprised to see that small country, geographically next to an impoverished Central America and the impenetrable Colombian jungle has become a country with the greater economic growth, average of 5.4 % according the World Bank. Today Panama has per capita the highest foreign investment in Latin america. Panama being one of the smallest countries in the world with less population, but its behavior and decisions of their people are those of a giant. Since the beginning of our Republican history, the Interoceanic highway is a symbol and stamp by virtue of struggles and sacrifices.For most of its history, the Panama Canal was under the American administration, with operating criteria and services, different from those of international commercial maritime transport. However, since 2000, the Canal under Panamanian administration began to design and operate a different profile, which occurred at a time when operating limitations for the original design capacity began to approach its highs. At the same time, International maritime transport, logistics of production and trade, port services, etc., experienced a spectacular change both in its conditions of that time, as in the projected, turning to a previously unknown perspective. For the above mentioned reasons, come together in the time three main factors: a profound change in the global maritime activity; a paradigm shift services and operations of the Panama Canal and the need for a change in its operational capacity.

Keywords

Foreign Trade, Panama, Investment

Jazyk práce: English

Datum vytvoření / odevzdání či podání práce: 7. 3. 2018

Obhajoba závěrečné práce

• Vedúci: Ing. Petr Procházka, MSc Ph.D.

Czech University of Life Sciences Prague

Faculty of Economics and Management

Bachelor programme / odbor:
Economics Policy and Administration / Business Administration