Panama has five main ports: Balboa and PSA Panama International on the Pacific, and Cristóbal, Manzanillo and Colon Container Terminal (CCT) on the Caribbean side. The government of Panama originally operated the ports of Balboa and Cristóbal. After being transferred from the United States...

The Panama Canal is currently in the process of a major expansion effort. After the new set of locks is opened in 2014, significantly larger ships can traverse the canal. This paper examines the economic impact of the canal expansion on the economy of Panama. The analysis is performed through an...

In Nepal, agricultural technology has been relatively stagnant and farmers have been forced to apply more and more of their traditional inputs to production on the land. Since there are few alternative economic opportunities, it is possible tha t the marginal products of these inputs may be...