Costa Rica (43 in the world) rank at the top in Central America, followed by Panama (53), El Salvador (56), Guatemala (58), Honduras (66), Nicaragua (77).
The Enabling Trade Index, featured in the report presented by the World Economic Forum, measures institutions, policies and services facilitating the free flow of goods over borders and to destination. The index breaks the enablers into four issue areas: market access, border administration, transport and communications infrastructure, and the business environment.
63% of Panamanian companies are led by foreigners or Panamanians who studied abroad, according to Goethals Consulting.
The results of the Business Competence Index 2009 for Panama, conducted by consultants at Goethals Consulting through a survey of 200 large Panamanian companies, reveals the lack of competence of the Panamanian college system, according to Prensa.com, lawyer Ramón Barreiro, a member of the multi-disciplinary team that did the study.