10394. THE INTERNATIONAL ECONOMY OF PANAMA. Examines Panama's recent economic and financial history. how the Cabinet Decree No. 238 in 1970 opened the way for Panama to become an international financial haven. Disucsses imports, exports, role of the balboa (equivalent to the U.S. dollar) and the Colon Free Zone. The growth and decline of Panama as a financial haven; ease of setting up dummy corporations; role of Noriega and political corruption; arrest of Noriega. 14 pages, 42 footnotes, 15 bibliographic sources.