What was the rationale behind the creation of HBKU, and what will the mandate of the organisation be in relation to Education City?
What was the rationale behind the creation of HBKU, and what will the mandate of the organisation be in relation to Education City?
One of the most commonly voiced concerns by business professionals in Panama City is the lack of a strong qualified workforce to sustain the country’s economic growth. While authorities have attempted to address problems of quality and increase sector investment, many private facilities have focused on developing new tertiary educational...
As Panama enters a new stage of economic maturity, the quality of its education system has claimed a pivotal role for authorities and the private sector alike, aiming to provide a sound foundation for the future.
For the past decade Panama has registered impressive economic growth. According to the World Bank, GDP growth averaged 6.8% from 2000 to 2012, while government figures show double-digit growth for four of the past seven years. Economic development has been fuelled by heavy public sector spending on infrastructure, particularly the $5.25bn expansion of the Panama Canal, which should ensure long-term growth.
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