Monaco With Bananas

Morais, Richard C.
May 2008
Forbes Asia;5/5/2008, Vol. 4 Issue 8, p48
The article focuses on the increase in business activity in Panama as its lenient tax structure and strong economy attract investors and entrepreneurs. The real birth of Panama is attributed to the decision of the U.S. government to relinquish rights to the Panama Canal in 1999. Democratically elected governments have clamped down on corruption, signed several free trade agreements and instituted tax and social reforms.


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