ESPECIAL BUSINESS EDITION
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PANAMA : A Work In Progress
By Divya Mehta Business Major Student , Towson University
Since the past few years , Panama has become a country that is always on the top of lists in its region . The immense growth that Panama is witnessing is proof of the great resources it possesses . However , most of the growth in the nation can be accredited to increased foreign investments , be it in the form of multinationals coming in , foreign projects , banking , or foreign entrepreneurial activity . As the economy continues to improve , the question that arises is whether there is a growth in the local human resources as well . It is a well-known fact that with
2 | L A T I T U D E 0 4 / 01 / 2013 the kind of success the economy is seeing , better leadership and management is required . Furthermore , entrepreneurial activity should increase as a result of better opportunities ; thus , creating a cycle of continued and stable growth . This article examines Panama ' s quality and current situation in managerial , leadership and entrepreneurial activity with the purpose of seeing how it ties to the present of the country and what it indicates about the future , since these three areas are the key to success in any country ' s development and improvement .