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Panama : political and economic conditions and U.S. relations

Author: Mark P Sullivan; Library of Congress. Congressional Research Service.
Publisher: [Washington, D.C.] : Congressional Research Service, Library of Congress, 2005.
Series: CRS report for Congress, RL30981.
Edition/Format:   eBook : National government publication : EnglishView all editions and formats
Summary:
With four successive elected civilian governments, the Central American nation of Panama has made notable political and economic progress since the 1989 U.S. military intervention that ousted the regime of General Manuel Antonio Noriega from power. The current President, Martín Torrijos of the Democratic Revolutionary Party (PRD), was elected in May 2004 and inaugurated on September 1, 2005. Torrijos, the son of  Read more...
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Details

Material Type: Government publication, National government publication, Internet resource
Document Type: Internet Resource
All Authors / Contributors: Mark P Sullivan; Library of Congress. Congressional Research Service.
OCLC Number: 61186195
Notes: "Updated May 20, 2005."
Title from title screen (viewed Aug. 1, 2005).
Description: 20 pages.
Details: Mode of access: World Wide Web.; System requirements: Adobe Acrobat Reader.
Series Title: CRS report for Congress, RL30981.
Responsibility: Mark P. Sullivan.

Abstract:

With four successive elected civilian governments, the Central American nation of Panama has made notable political and economic progress since the 1989 U.S. military intervention that ousted the regime of General Manuel Antonio Noriega from power. The current President, Martín Torrijos of the Democratic Revolutionary Party (PRD), was elected in May 2004 and inaugurated on September 1, 2005. Torrijos, the son of former populist leader General Omar Torrijos, won a decisive electoral victory with almost 48% of the vote in a four-man race. He succeeded President Mireya Moscoso of the Arnulfist Party (PA), elected in 1999, whose administration was tainted by several high-profile corruption scandals. Torrijos' electoral alliance also won a majority of seats in the unicameral Legislative Assembly. The most significant challenges facing the new government include dealing with the funding deficits of the country's social security fund; developing plans for the expansion of the Panama Canal; and combating poverty (estimated at 40%) and unemployment (estimated at about 12%).

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