Business Elites in Panama: Sources of Power and State Capture

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 invest...

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Autores principales: Robles Rivera, Francisco, Cárdenas, Julián
Formato: libro
Lenguaje:English
Publicado: United Nations Reseach Institute for Social Development 2021
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Acceso en línea:https://www.unrisd.org/unrisd/website/document.nsf/(httpPublications)/DA4C03398ABB99D680258629003D7A50?OpenDocument
https://repositorio.iis.ucr.ac.cr/handle/123456789/855
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author Robles Rivera, Francisco
Cárdenas, Julián
author_facet Robles Rivera, Francisco
Cárdenas, Julián
author_sort Robles Rivera, Francisco
collection Repositorio IIS
description 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.
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spelling IIS-CIDCACS-RD-123456789-8552023-10-18T22:39:45Z Business Elites in Panama: Sources of Power and State Capture Robles Rivera, Francisco Cárdenas, Julián Panamá Estado Elecciones Instituciones públicas Captura de medios 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. UCR::Vicerrectoría de Investigación::Unidades de Investigación::Ciencias Sociales::Instituto de Investigaciones Sociales (IIS) 2021-11-04T21:43:23Z 2021-11-04T21:43:23Z 2020-11-23 libro https://www.unrisd.org/unrisd/website/document.nsf/(httpPublications)/DA4C03398ABB99D680258629003D7A50?OpenDocument 978-92-9085-116-5 https://repositorio.iis.ucr.ac.cr/handle/123456789/855 en Social Policy and Development, Transformative Social Policy United Nations Reseach Institute for Social Development
spellingShingle Panamá
Estado
Elecciones
Instituciones públicas
Captura de medios
Robles Rivera, Francisco
Cárdenas, Julián
Business Elites in Panama: Sources of Power and State Capture
title Business Elites in Panama: Sources of Power and State Capture
title_full Business Elites in Panama: Sources of Power and State Capture
title_fullStr Business Elites in Panama: Sources of Power and State Capture
title_full_unstemmed Business Elites in Panama: Sources of Power and State Capture
title_short Business Elites in Panama: Sources of Power and State Capture
title_sort business elites in panama sources of power and state capture
topic Panamá
Estado
Elecciones
Instituciones públicas
Captura de medios
url https://www.unrisd.org/unrisd/website/document.nsf/(httpPublications)/DA4C03398ABB99D680258629003D7A50?OpenDocument
https://repositorio.iis.ucr.ac.cr/handle/123456789/855
work_keys_str_mv AT roblesriverafrancisco businesselitesinpanamasourcesofpowerandstatecapture
AT cardenasjulian businesselitesinpanamasourcesofpowerandstatecapture