Economic Sanctions Against Panama & U.S. Security

SECTION I

INTRODUCTION

This research examines United States (US) national security in the context of the application of economic sanctions against the Republic of Panama in 1988 and 1989. The topic is examined through (1) a brief review of the history of AmericanPanamanian bilateral relations, (2) an assessment of the potential effects on Panama of economic sanctions, (3) an examination of approach of the United States government toward the use of economic sanctions, and (4) the results achieved by the United States through the application of economic sanctions against Panama. The final section of this research presents a statement of the conclusions drawn from the findings of the research.

HISTORICAL REVIEW OF AMERICANPANAMIAN

In the process of throwing off the Spanish yoke more than 150 years ago, the territories of northern South America and southern Central America formed the country of Gran Colombia (Meditz, and Hanratty, 1989). The territory of the contemporary state of Panama was a part of the Panama Department of Gran Colombia.

The people who lived in the Panama Department had, or at least displayed, no strong sense of national identity at that time. Political opportunists, however, attempted, for personal financial gain, on three occasions to establish an independent state in Panama (Meditz, and Hanratt

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Category: Economics - E