Please enable JavaScript.
Coggle requires JavaScript to display documents.
Panama in the 20th Century - Coggle Diagram
Panama in the 20th Century
Changes and repercussions of the republican initiation (1904-1912)**
Panama was born with a surplus: ten million dollars that the U.S. gave it as compensation.
Repercussions of Porras and the modernization of the Republic **(1912- 1924).
The new president had to revive William Nelson Cromwell to lend Panama $150,000 to start up the bureaucratic machinery.
The modernization plan contemplated: construction of roads, means of transportation, population increase, education, health, drafting of national codes and the torment of agriculture.
Shiarism and its consequences
Chiari inherited an indebted nation and had to borrow money from the US.
Return to the traditional model
In October 1932, Harmodio Arias assumed the presidency in one of the worst economic crises in history as a result of the fall of the New York Stock Exchange in 1932..
Arias also had to face the tenancy problem. To this end, he formed a tenancy committee and the first tenancy law was passed.
Panama on the eve, during and after the Second World War (1936-1948)
Panama becomes independent from Colombia.
Big stick" policy.
Difficult return to constitutional order.
Bankruptcy of the Panama Canal Company.
Second World War (1941-1945).
Anarchy and political power arise (1948-1952).
*Militarism, oligarchy and national opprobrium (1952-1956).
*Years of student efferscence (1956-1960).
The enthronement of police power (1948-1956)
State salaries were reduced and the foreign debt was recapitalized.
In June 1949 President Remón was threatened with a coup d'état. He then resigned due to illness and upon his death, Vice President Daniel Chanis took his place.
Nationalism and Radicalism
Ramon's death disarticulated the political panorama of Panama. Remón had exercised absolute power over the entire country.
Torrijismo and Militarism (1968-1981)
On October 11, the National Guard launched the first military coup against the civilian government.
Narco-dictatorship and structural crisis (1981-1989)
Death of General Torrijos in a plane crash (1981).
Ricardo de la Espriella becomes President of Panama (July 31, 1982).
The decade of the 80's was one of great economic slowdown. Oil crisis and foreign debt.
U.S. Invasion of Panama (1989)
On December 20, the invasion of Panama called "Causa Justa" (Just Cause) took place to learn General Noriega. 26,000 soldiers participated with sophisticated weapons and war equipment.
Challenges of the new democratic stage
President Endara inherited a country in ruins from the U.S. military.
On December 14, 1999, the U.S. presence in Panama came to an end. Panamanian territory is fully sovereign and the canal enters the country as a precious economic asset..
Milagros Camacho 8-870-401