Panama in the top 5 in Latin America to attract investment in 2021

(Panama City-ANPanamá) Panama ranks 5th in Latin America and 65th worldwide with the greatest potential to attract foreign investment, according to the Milken Institute's Global Opportunities Index for 2021.

The annual assessment uses 96 variables, including macroeconomic prospects, potential for future innovation and development, access to financial services, and compliance with international standards to provide a forward-looking analysis of foreign investment potential in 145 countries. In addition to Chile, which is ranked 1, the other countries that make up the top 5 of the Latin American ranking are Uruguay, Costa Rica and Mexico.

This year, the report focuses on Latin America, a region ripe for investment in which capital inflows could complement domestic savings, help create jobs and foster innovation.

Latin America performs well compared to other emerging and developing economies in two key areas: 1) having a diverse and highly skilled workforce, and 2) the breadth and depth of the region's financial systems, the report argues.
"The Global Opportunity Index measures a country's attractiveness to foreign investors based on five broad categories that provide investors with the tools to determine their own appetite for risk," said Claude López, PhD, author of the report and chief from the Research Department of the Milken Institute. "These factors include, for example, understanding whether existing institutions promote entrepreneurship, the strength of their macroeconomic frameworks, the reliability of their courts, and the degree of transparency in their institutions."
"By ranking at the top of the index, these countries indicate the resilience of their institutions," added López. "This indicates a level of confidence in their ability to recover from the post-pandemic, making them a potentially safer bet for investors at a time of global uncertainty."

Source

https://anpanama.com/10764-Panama-en-el-top-5-de-America-Latina-para-atraer-inversiones-en-2021.note.aspx