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According to localcollegeexplorer, Panama is a country located in Central America bordered by Costa Rica to the northwest, Colombia to the southeast and the Caribbean Sea to the north. It was originally part of Colombia until 1903 when it declared its independence and established itself as a separate nation. This was followed by decades of political turmoil, dictatorship and military coups with the United States having a strong influence over Panama during this period. Panama is now a representative democracy with a presidential system of government. It has been led by President Juan Carlos Varela since 2014, who has implemented several reforms in an effort to reduce poverty and stimulate economic growth. The economy of Panama is largely based on services such as banking, insurance and tourism, although agriculture and fishing are also important sources of income. Panama has seen significant economic growth over the past decade driven by large-scale infrastructure projects such as the Panama Canal expansion which was completed in 2016. It has also become an increasingly important regional player due to its strategic position at the crossroads between North and South America, Asia and Europe. Despite its progress, Panama continues to face challenges related to poverty, inequality and environmental degradation caused by climate change. The government is working towards addressing these issues while also preserving its rich cultural heritage for future generations. In 2010, Panama was a small country located in Central America. It had a total population of around 3.5 million people and was known for its vibrant culture, stunning beaches and lush rainforest. Despite its small size, Panama had developed a strong economy based on its strategic geographic location and abundant natural resources such as fishing and tourism. The government had implemented a number of policies which helped ensure a high quality of life for its citizens such as free healthcare and education, generous welfare benefits and investment in infrastructure. Despite its wealth, Panama faced some challenges in 2010 such as poverty, unemployment and political instability. The government had implemented policies to address these issues such as increasing access to job training programs, encouraging foreign investment and promoting economic diversification. In terms of foreign policy, Panama maintained strong relationships with other nations in the region and around the world. It was also active in international organizations such as the United Nations in order to promote peace and security. All in all, Panama in 2010 was a country with great potential but many challenges ahead of it on its journey towards true prosperity for its people. Check extrareference for Panama in 2007.

Panama Guide

Panama Guide

Panama – country information Country name Panama Official name Republic of Panama Capital City of Panama continent North America Area 75,517 km Population 3 405 813 (2010) Foundation of a state 3. 11. 1903 The highest mountains Chiriqui (Vol. Baru) 3478 m Longest rivers Santa Maria 150 km State system a pluralistic presidential republic with a unicameral parliament The biggest cities Panama 525,000 (agglomeration 800,000) (capital), San Miguelito 300,000, Col√≥n 105,000 Official language Spanish Ethnicity/National Composition mestizo 62%, blacks and…

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