The Impact Of The Panama Canal On Latin America

A natural disaster has the capability to cause large scale damage and destruction to an area. Seismic events have been known to alter landscapes and affect the livelihoods, health and development of communities. No two earthquake events are the same and the level of threat posed by an earthquake can vary due to both the human and physical factors of an area. The 2010 magnitude - 7.0 earthquake that occurred in Haiti is an example of where a natural disaster caused a previously vulnerable area to suffer tremendous loss and debilitating socio-economic impacts, to an already poverty-stricken nation.

Panama has probably earned about $200 million form the canal every year. In war or peace, more than 12,000 ships from around the world sail through the fifty-one-mile long Panama Canal every year, carrying 160 million tons of cargo, representing about 5% of the worlds total sea borne trade. The canal is particularly vital to the economies of South America, connecting the Atlantic coast with the Orient, and the Pacific coast with Europe. Fifteen percent of all U.S. trade goes through the canal, and the oil pipeline beside it caries 600,000 barrels of Alaska crude oil to the U.S. eastern seaboard and beyond. Panama's special geography and history make its people the most cosmopolitan in the region.

For centuries, the idea of how to access the West Indies puzzled many sailors from across the globe. During colonial times, Europeans coveted the spices and goods found in Asian countries, but the inability of their sponsored expeditions to discover a time-saving western passageway hindered their interaction with this region of the world. As time progressed, nations began to find ways to trade with Asia, but the routes taken were long, expensive, and hazardous. According to an article found in the publication, Civil Engineering, “… the only way for a ship to travel between the oceans was via the Strait of Magellan, at the southern tip of South America, a dangerous and time-consuming route.” However, in nineteen fourteen, their struggles finally ended. At last, the completion of the Panama Canal provided a shorter sea route between the Atlantic Ocean and the Pacific Ocean for trading countries all over the world. This occasion revolutionized sea travel and was consequently a widely documented and publicized event. Countless images and articles were created throughout the early twentieth century, which magnified the importance of this project. This collection of primary sources captures the significance of the Panama Canal for the American people and the international community at that time. The synchronic analysis of such documents will foster a greater appreciation for the Panama Canal and the influence it has had on civilization since its inception.

natural disasters). Gallup et al. (2003, pp.41, 46) have estimated that natural disasters in Latin America over the last 30 years have cost up to $3.3 billion and in extreme disasters costs can reach 10 per cent of a country’s GDP. This, coupled with the fact that they suffer regularly from natural disasters due to their location, means that they find it harder to recover from them. The destruction of crops causes vast economic loss which cannot be regained as farmers rely on monoculture. Furthermore, many buildings in developing countries are often built from weak materials which causes mass destruction and costly re-construction which these countries cannot afford.

The astounding achievement of building the Panama Canal did not come without great loss. Within great achievement and betterment of the world, sometimes comes great tragedy. Great change also doesn’t happen without a strong fight. The workers who helped build the canal knew what they were up against. They knew that famine, disease, dangerous jobs, and a great deal of loss of human life laid ahead, but these workers were willing to sacrifice everything to see this canal built. They knew the economic implications of having a canal like this. They wanted to make their personal country’s economy better environments for their wives and children to thrive in and make a better life for their ancestors. This could be done with the money they made working on the canal, as well as how their own children would live in more stable economies in their home countries because of the canal. They were willing to fight for the great change that eventually ensued.

The construction of the Panama Canal has a number of important foreign policy implies, First it led to the United States' supporting independent factions, who separated the republic of Panama from Colombia, and it also led to the granting of sovereign land rights to the United States over the Panama Canal Zone. The Panama Canal had massive suggestions for

The U.S. government also saw this as an advantage to use the canal to transport commercial ships from the east to the west of the nation. This canal connected the Caribbean to the Pacific Ocean which gave the nation the authority to oversee two oceans. The canal would make the American commerce boost and the nation would be recognized by other nations as the most powerful one in the

What would you do to gain more power? The definition of imperialism is a policy of extending a country's power and influence through diplomacy or military force. The Philippines and the Panama Canal are two victims of U.S. Imperialism during the early 1800s to the 1900s. During this time the U.S. used several foreign policies, tactics, and concepts to gain control over new territories. Theodore Roosevelt used his foreign policy of dollar diplomacy to gain the Philippines and he used his big stick diplomacy as well as the dollar diplomacy to get the Panama Canal, these two territories were consumed by the U.S. and they have many similarities and differences during their transfer of powers.

The United States began as an isolated country, only focusing on the matters going on within the nation. Overseas expansion, military strength, and the practice of Social Darwinism later became an interest to the nation’s development. Because there was a want for power, wealth and missionary zeal, the United States became an imperialistic country. As a result the construction of the Panama Canal became an important project to begin. Despite all the difficulties it faced during the process, the Panama Canal was completed and gave the nation great power.

The Latin American countries have been subject to many changes ever since the American continent was discovered. These changes have mainly affected the economy, culture and power changes these countries have suffered throughout the years. According to Jon Charles Chasteen on his book “Born in Blood & Fire” During the twentieth century, there were three main events that changed the course of Latin American countries and their economies. These three events were, the emergence of nationalism, the end of World War II, and the Cuban revolution. However, in my point of view, the event that created more impact in Latin America and the future of these countries has been Cuban Revolution. It is not a secret that the Cuban Revolution created a big impact to the country’s future, unfortunately this revolution not only changed Cuba, but also the entire region of Latin America.

It is interesting to see how Americans saw themselves and their capitalistic system during the early 1900s. The American quest to civilize the world with plans like the Panama Canal was referred to as a gift, a selfless act from the United States for the betterment of mankind (Herring 2008, 337). I am certain that the Panama Canal created many opportunities for the people in Central America, but was it in fact a sign of American kindness or was that canal done because it increased trade, income, and improved security in the United States? Furthermore, how wrong was Norman Angell? His theory did not hold for more than four years. Mankind is incapable of achieving peace and will continue to live in a constant state of struggle. Additionally, the early 1900s had a resemblance to the Cold War that started four decades later. The Russians and the British encircled Germany and contained her, and yet Stalin was surprise when the allies did the same to him after WWII?

In 1903, the United states under President Theodore Roosevelt signed a treaty with Panama which gave over the rights to build and control the passage through what we now know as the famous Panama Canal, with the purpose of creating a politically, economically and geographically significant waterway that would allow for the travel of ships from the

The canal was the best thing that ever happened to Panama. The Panama Canal was started under President Roosevelt and completed by his successor, William Howard Taft. The canal was built across an isthmus, a narrow body of land that connects two larger land areas, which connects North and South America. In some places in Panama the isthmus is only 50 miles across. The French started the canal in the late 1800’s. They had just built the then famous Suez Canal with relative ease. The Suez Canal, unlike the Panama Canal, was a straight canal on level ground, in a relatively dry climate. The French had failed in building the Panama Canal because of the tropical climate, in which deadly tropical diseases consumed their

Latin American international locations aren 't resistant to the global disaster. It hit this place as it was emerging from one of the maximum severe periods of expansion in current many years. according to ECLAC figures, local GDP grew an annual common of five% among 2003 and 2008. that is a median growth of greater than three% consistent with capita, a figure that had no longer been carried out because the days of the import substitution model (ECLAC, 2008, p. 13). a few countries like Argentina and Venezuela did even higher, with boom costs of extra than 8% for numerous consecutive years.

Natural disasters may be defined as natural catastrophes which cause great damage by disrupting the functioning of a society thus rendering the country incapable of coping through using its own resources as there is a need for outsider assistance in order to effectively preserve lives and the environment. Conversely, Natural hazards are natural phenomena that are potential threats to people within a society, structures or economic assets and may cause disaster. Natural disasters are inevitable and ubiquitous worldwide. Within the Caribbean, they are chiefly present in the forms of hurricanes, earthquakes, floods, droughts, and volcanoes. The great damages caused by natural disasters may be divided into three categories: social, economic