The Panama Canal:: operations and traffic |
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| Institution: | 1. School of Public Policy, Oregon State University, 300 Bexell Hall, 2251 SW Campus Way, Corvallis, OR 97331, United States;2. Smithsonian Tropical Research Institute , PO Box 0843-03092, Panama, Panama;1. Former MS Student in Agribusiness and Applied Economics, North Dakota State University. and now at. Anhueser-Busch, Inc, USA;2. University Distinguished Professor. CHS Chair in Risk Management and Trading, Department of Agribusiness and Applied Economics. North Dakota State University, USA;3. Research Associate Professor. Department of Agribusiness and Applied Economics, North Dakota State University, USA;1. Faculty of Economics, Gakushuin University, 1-5-1 Mejiro, Toshima-Ku, Tokyo 171-8588, Japan;2. Departamento Economía Financiera y Dirección de Operaciones (F.C.E.E.), The University of Seville, Avda. Ramón y Cajal, 1, 41018 Seville, Spain;3. Kelly School of Business, Purdue-Indiana University, 801 West Michigan Street, Indianapolis, IN 46202, USA;4. Facultad de CienciasEconómicas-Empresariales, The University of Seville, Avda. Ramón y Cajal, 1, 41018 Seville, Spain;7. Department of Biological, Geological and Environmental Sciences, University of Bologna, Bologna, Italy;1. Assistant Professor of Management, Murray State University, Arthur J. Bauernfeind College of Business, Murray, KY, 42071, USA;2. Behavioral and Social Scientist, RAND Corporation, USA;3. Professor of Geography, Montana State University Billings, USA |
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| Abstract: | In a previous paper on Canal management we examined the treaties and regulations underpinning firstly American and later Panamanian administration of the Canal. We also looked at the transfer of the Canal into Panamanian hands, including the management models used, ending with a review of toll structures and results. The subject of this paper is the operation of the Canal and the heated debate surrounding its modernisation, with a view to determining the adequacy of projected plans, as well as any future requirements, for maintaining its capacity in the 21 century. This paper seeks to analyse the Canal's operation, modernisation programmes and traffic systems as well as its key element: human resources. |
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