Author: Fernando Berguido

The Big Ditch: How America Took, Built, Ran and Ultimately Gave Away the Panama Canal

It was a question lingering for a century among most Panamanians and many Americans: was the Panama Canal good business for the Americans? There was a military-strategic gain but economically, did the money invested yield a good return as a commercial enterprise and if so, how profitable was it? Harvard Business School professor Noel Maurer and historian Carlos Yu reflect on the economics …

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