Uglobal Immigration Magazine Volume 2, Issue 1 | Page 105

UGLOBAL.COM According to Trading Economics, Panama’s U.S. dollar- based economy has been one of the fastest growing in the Americas, with a projected growth of over 5 percent in 2018. Panama City’s skyline is a mass of skyscrapers, some of them among the tallest buildings in Latin America. Cranes dot the horizon and public works projects continue to develop throughout the city. Fendi, the renowned Italian designer, partnered up with a local architecture firm to develop the La Maison apartment building that, according to Punta Pacifica Realty, “brings new levels of style and design to Santa Maria, the newest high-end neighborhood.” 1 103 “ 巴拿马的市场自由度超过了世界 和地区平均水平 ” 2 2 The park Cinta Costera received international acclaim for its innovation and design. The park is filled with residents walking, exercising and playing sports along the Panama Bay. Public projects include expansions of sidewalk and bike lanes in El Cangrejo and other central avenues in Panama City. The second phase of the metro line has recently started operations and the third line is in progress. The government’s continual investment throughout Panama is evident. 3 3 4 4 Panama was recently recognized for surpassing world and regional averages for market freedom, according to the Heritage Foundation's 2018 Index of Economic Freedom. Panama received praise for its open markets, monetary 5