What Roosevelt took
Subtitle: the economic impact of the Panama Canal, 1903-29
By: Noel Maurer
Series: Working paper / Division of Research, Harvard Business School -- 06-041; Working paper (Harvard Business School. Division of Research) -- 06-041
Publisher: Division of Research, Harvard Business School
Published: 2006
Place of publication: Boston
Language: eng
Number of pages: 36
Description: The Panama Canal was one of the largest public investments of its time. In the first decade of its operation, the Canal produced significant social returns for the United States. Most of these returns were due to the transportation of petroleum from California to the East Coast. Few of these returns, however, accrued to the Panamanian population or government. U.S. policy deliberately operated to minimize the effects of the Canal on the Panamanian economy. The major exception to this policy was the American anti-malarial campaign, which improved health conditions in the port cities.
Notes: Includes bibliographical references.