Business Elites in Panama: Sources of Power and State Capture

 

Sparad:
Bibliografiska uppgifter
Författarna: Robles Rivera, Francisco, Cárdenas, Julián
Materialtyp: libro
Utgivningstid:2020
Beskrivning:A well-established line of academic inquiry argues that state capture emerges in contexts of weak governance institutions. However, Panama is an outlier case featuring high levels of state capture despite strong governance institutions. To better understand state capture in Panama, this paper investigates the sources from which business elites draw their power—income control, business cohesion, political campaign contributions and revolving doors. Results show that state capture arose in Panama along with high income concentration among top elites, cohesion among a small cluster of family business groups, big businesses coordinating their electoral contributions, and appointments of businesspeople to strategic government positions. In closing, we suggest possible avenues of research to continue deciphering state capture, and provide some policy recommendations to reduce state capture in Panama.
Land:Kérwá
Organisation:Universidad de Costa Rica
Repositorio:Kérwá
OAI Identifier:oai:kerwa.ucr.ac.cr:10669/85078
Länkar:https://hdl.handle.net/10669/85078
Nyckelord:Panamá
Estado
Elecciones
Instituciones públicas
Captura de medios