Politics of Panama

In Panama, the type of government is a Unitary presidential constitutional republic. In Panama, the legislative power is vested in a National Assembly. The head of the government is Juan Carlos Varela. The governmental structure of a country determines the manner in which laws are written, approved, and interpreted. Government type determines the manner in which elections are held as well as the country's system of policing its citizens. The term of office of the head of state in Panama lasts until 1 January 2019. The length of a head of state's term has a direct effect on the power and influence of the executive position. A longer term of office provides the head of state with increased authority. The term of office of the head of state in Panama lasts until 01/01/2019. The length of a head of state's term has a direct effect on the power and influence of the executive position. A longer term of office provides the head of state with increased authority. The Global Peace Index (GPI) for Panama is 1.903. Due to strong law enforcement presence and high social responsibility, Panama is very safe by international standards. The strength of legal rights index for Panama is 7. Overall, it is considered to be rather adequate - bancrupcy and collateral laws are able to protect the rights of borrowers and lenders at least decently; credit information is msotly sufficient and generally available. In 2013, Panama received 50.7 million USD in foreign aid. In 2014, the foreign aid amounted to 111.3 USD.

Government

In Panama, the head of the government is Juan Carlos Varela. The government system of Panama is a Unitary presidential constitutional republic. In Panama, the legislative power is vested in a National Assembly; this is a Unicameral legislative body, and therefore a Unicameral National Assembly. According to the World Bank Group, the government effectiveness index of Panama is 0.27. This indicates that the government of Panama is mediocre. While some public and civil services are limited, in other cases they can be considered adequate or even effective. Potential investors should carefully evaluate the governmental situation in Panama before considering any business maneuvers.

Unions and alliances

This section deals with a list of unions Panama is a member of.

Panama is a member of the United Nations (UN). Panama is a member of the World Trade Organization (WTO). Panama is a member of the International Monetery Fun (IMF). To read more about when Panama became a member of these unions and what additional political unions and alliances Panama is part of, click on Panama membership in international unions.

Freedom in Panama

With regard to political and civil freedoms, Panama is 1. Citizens in Panama experience total freedom. The majority of countries in which citizens enjoy expansive civil liberties and political freedoms are representative democracies, in which officials are directly elected by citizens to advocate for their needs and desires. Free countries are often bolstered by healthy economies and high-functioning governments. To read more about freedom level in Panama click on Freedom in Panama.