Panama vs. Colombia

Colombia was one of the three countries that emerged after the dissolution of Gran Colombia in 1830 (the others are Ecuador and Venezuela). A decades-long conflict between government forces, paramilitaries, and antigovernment insurgent groups heavily funded by the drug trade, principally the Revolutionary Armed Forces of Colombia (FARC), escalated during the 1990s. More than 31,000 former United Self Defense Forces of Colombia (AUC) paramilitaries demobilized by the end of 2006, and the AUC as a formal organization ceased to operate. In the wake of the paramilitary demobilization, illegal armed groups arose, whose members include some former paramilitaries. After four years of formal peace negotiations, the Colombian Government signed a final peace accord with the FARC in November 2016, which was subsequently ratified by the Colombian Congress. The accord calls for members of the FARC to demobilize, disarm, and reincorporate into society and politics. The accord also committed the Colombian Government to create three new institutions to form a 'comprehensive system for truth, justice, reparation, and non-repetition,' to include a truth commission, a special unit to coordinate the search for those who disappeared during the conflict, and a 'Special Jurisdiction for Peace' to administer justice for conflict-related crimes. The Colombian Government has stepped up efforts to expand its presence into every one of its administrative departments. Despite decades of internal conflict and drug-related security challenges, Colombia maintains relatively strong democratic institutions characterized by peaceful, transparent elections and the protection of civil liberties.

highlands subject to volcanic eruptions; occasional earthquakes; periodic droughts

volcanism: Galeras (4,276 m) is one of Colombia's most active volcanoes, having erupted in 2009 and 2010 causing major evacuations; it has been deemed a Decade Volcano by the International Association of Volcanology and Chemistry of the Earth's Interior, worthy of study due to its explosive history and close proximity to human populations; Nevado del Ruiz (5,321 m), 129 km (80 mi) west of Bogota, erupted in 1985 producing lahars (mudflows) that killed 23,000 people; the volcano last erupted in 1991; additionally, after 500 years of dormancy, Nevado del Huila reawakened in 2007 and has experienced frequent eruptions since then; other historically active volcanoes include Cumbal, Dona Juana, Nevado del Tolima, and Purace

Panama is a country of demographic and economic contrasts. It is in the midst of a demographic transition, characterized by steadily declining rates of fertility, mortality, and population growth, but disparities persist based on wealth, geography, and ethnicity. Panama has one of the fastest growing economies in Latin America and dedicates substantial funding to social programs, yet poverty and inequality remain prevalent. The indigenous population accounts for a growing share of Panama's poor and extreme poor, while the non-indigenous rural poor have been more successful at rising out of poverty through rural-to-urban labor migration. The government's large expenditures on untargeted, indirect subsidies for water, electricity, and fuel have been ineffective, but its conditional cash transfer program has shown some promise in helping to decrease extreme poverty among the indigenous population.

Panama has expanded access to education and clean water, but the availability of sanitation and, to a lesser extent, electricity remains poor. The increase in secondary schooling - led by female enrollment - is spreading to rural and indigenous areas, which probably will help to alleviate poverty if educational quality and the availability of skilled jobs improve. Inadequate access to sanitation contributes to a high incidence of diarrhea in Panama's children, which is one of the main causes of Panama's elevated chronic malnutrition rate, especially among indigenous communities.

Colombia is in the midst of a demographic transition resulting from steady declines in its fertility, mortality, and population growth rates. The birth rate has fallen from more than 6 children per woman in the 1960s to just above replacement level today as a result of increased literacy, family planning services, and urbanization. However, income inequality is among the worst in the world, and more than a third of the population lives below the poverty line.

Colombia experiences significant legal and illegal economic emigration and refugee outflows. Large-scale labor emigration dates to the 1960s; the United States and, until recently, Venezuela have been the main host countries. Emigration to Spain picked up in the 1990s because of its economic growth, but this flow has since diminished because of Spain's ailing economy and high unemployment. Colombia has been the largest source of Latin American refugees in Latin America, nearly 400,000 of whom live primarily in Venezuela and Ecuador. Venezuela's political and economic crisis since 2015, however, has created a reverse flow, consisting largely of Colombians returning home.

Forced displacement continues to be prevalent because of violence among guerrillas, paramilitary groups, and Colombian security forces. Afro-Colombian and indigenous populations are disproportionately affected. Even with the Colombian Government's December 2016 peace agreement with the Revolutionary Armed Forces of Colombia (FARC), the risk of displacement remains as other rebel groups fill the void left by the FARC. Between 1985 and September 2017, nearly 7.6 million persons have been internally displaced, the highest total in the world. These estimates may undercount actual numbers because many internally displaced persons are not registered. Historically, Colombia also has one of the world's highest levels of forced disappearances. About 30,000 cases have been recorded over the last four decades-although the number is likely to be much higher-including human rights activists, trade unionists, Afro-Colombians, indigenous people, and farmers in rural conflict zones.

Because of political violence and economic problems, Colombia received limited numbers of immigrants during the 19th and 20th centuries, mostly from the Middle East, Europe, and Japan. More recently, growth in the oil, mining, and manufacturing sectors has attracted increased labor migration; the primary source countries are Venezuela, the US, Mexico, and Argentina. Colombia has also become a transit area for illegal migrants from Africa, Asia, and the Caribbean -- especially Haiti and Cuba -- who are en route to the US or Canada.

Panama's dollar-based economy rests primarily on a well-developed services sector that accounts for more than three-quarters of GDP. Services include operating the Panama Canal, logistics, banking, the Colon Free Trade Zone, insurance, container ports, flagship registry, and tourism and Panama is a center for offshore banking. Panama's transportation and logistics services sectors, along with infrastructure development projects, have boosted economic growth; however, public debt surpassed $37 billion in 2016 because of excessive government spending and public works projects. The US-Panama Trade Promotion Agreement was approved by Congress and signed into law in October 2011, and entered into force in October 2012.

Future growth will be bolstered by the Panama Canal expansion project that began in 2007 and was completed in 2016 at a cost of $5.3 billion - about 10-15% of current GDP. The expansion project more than doubled the Canal's capacity, enabling it to accommodate high-capacity vessels such as tankers and neopanamax vessels that are too large to traverse the existing canal. The US and China are the top users of the Canal.

Strong economic performance has not translated into broadly shared prosperity, as Panama has the second worst income distribution in Latin America. About one-fourth of the population lives in poverty; however, from 2006 to 2012 poverty was reduced by 10 percentage points.

Colombia heavily depends on energy and mining exports, making it vulnerable to fluctuations in commodity prices. Colombia is Latin America's fourth largest oil producer and the world's fourth largest coal producer, third largest coffee exporter, and second largest cut flowers exporter. Colombia's economic development is hampered by inadequate infrastructure, poverty, narcotrafficking, and an uncertain security situation, in addition to dependence on primary commodities (goods that have little value-added from processing or labor inputs).

Colombia's economy slowed in 2017 because of falling world market prices for oil and lower domestic oil production due to insurgent attacks on pipeline infrastructure. Although real GDP growth averaged 4.7% during the past decade, it fell to an estimated 1.8% in 2017. Declining oil prices also have contributed to reduced government revenues. In 2016, oil revenue dropped below 4% of the federal budget and likely remained below 4% in 2017. A Western credit rating agency in December 2017 downgraded Colombia's sovereign credit rating to BBB-, because of weaker-than-expected growth and increasing external debt. Colombia has struggled to address local referendums against foreign investment, which have slowed its expansion, especially in the oil and mining sectors. Colombia's FDI declined by 3% to $10.2 billion between January and September 2017.

Colombia has signed or is negotiating Free Trade Agreements (FTA) with more than a dozen countries; the US-Colombia FTA went into effect in May 2012. Colombia is a founding member of the Pacific Alliance-a regional trade block formed in 2012 by Chile, Colombia, Mexico, and Peru to promote regional trade and economic integration. The Colombian government took steps in 2017 to address several bilateral trade irritants with the US, including those on truck scrappage, distilled spirits, pharmaceuticals, ethanol imports, and labor rights. Colombia hopes to accede to the Organization for Economic Cooperation and Development.

domestic and international facilities well-developed; steady increase in telecom revenue with effective competition; mobile connections account for 90% of connections; government-funded program to improve Internet infrastructure; connectivity through two submarine cables; launch of LTE services; Chinese company Huawei investment in bandwidth technologies; importer of broadcasting equipment from China (2021)

Colombia's telecom infrastructure has improved through a government program of competition to upgrade services based on LTE and 5G, focusing on infrastructure in small urban centers and rural areas; national ICT Plan increased broadband and fiber connectivity; operators testing 5G and completed 20k terrestrial cable connecting 80% of the country; benefit due to access to commercial submarine cable (2021)

organized illegal narcotics operations in Colombia operate within the remote border region with Panama

in December 2007, ICJ allocated San Andres, Providencia, and Santa Catalina islands to Colombia under 1928 Treaty but did not rule on 82 degrees W meridian as maritime boundary with Nicaragua; managed dispute with Venezuela over maritime boundary and Venezuelan-administered Los Monjes Islands near the Gulf of Venezuela; Colombian-organized illegal narcotics, guerrilla, and paramilitary activities penetrate all neighboring borders and have caused Colombian citizens to flee mostly into neighboring countries; Colombia, Honduras, Nicaragua, Jamaica, and the US assert various claims to Bajo Nuevo and Serranilla Bank