If you ask anyone in Panama, they´ll tell you that the country is so much more than the Canal. And in fact, it is. The Panama Canal represents a big income, some say about 20% of the country´s GDP. But so is their banking center,growing tourism featuring upcoming unique sites like their colonial town of Casco Viejo and National Parks, and other industries that make for a balanced economy.
This month The Economist has dedicated an article to the Panama Canal and the impact of its expansion throughout this time of crisis. It is worth reading for anyone looking to invest in Panama or know more about it.