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Panama s growth diagnostics
(2007-11)
"The purpose of this paper is to analyze Panama s growth strategy in light of the growth diagnostics methodology (GDM) developed by Hausmann, Rodrik and Velasco (2004). A thorough application of GDM requires more data than is available for Panama, especially in terms of factor prices and business surveys. Even if formal testing is not always feasible, GDM provides a careful and organized discussion of all possible ...