On August 15, 1914, the Panama Canal officially opened for business, forever changing the face of global trade and military power, as well as the role of the United States on the world stage. The Canal's creation is often seen as an example of U.S. triumphalism, but Noel Maurer and Carlos Yu...

We study the impact of the Panama Canal on the development of Canada's manufacturing sector in the years from 1900 to 1939. Using newly digitized county-level data from the Census of Manufactures and a market-access approach, we exploit the plausibly exogenous nature of this historical episode...

Chapter 1: Panama, Supply Chain Security, and the Rise of Globalization -- Chapter 2: The Canal and American Ascendancy -- Chapter 3: A Success Story made in Panama -- Chapter 4: The Canal of Panama and the Natural Gas Revolution -- Chapter 5: Macro-Trends Impacting the Future of the Canal and...