Apede: Joining the OECD is a National Transformation, Not Just Diplomatic

The Panamanian Association of Business Executives (Apede) has raised fundamental questions about the country's ability to meet regulatory and transparency challenges in its bid to join the Organisation for Economic Co-operation and Development (OECD). In a statement, the organization emphasized that entry into this international body would not be merely a diplomatic achievement, but a 'national transformation' that will require profound adjustments in public policies, governance, and accountability. Apede highlighted that the accession process to the OECD implies meeting global standards in terms of fiscal transparency, the fight against corruption, and institutional openness. 'This requires the government and civil society to work in a coordinated manner to modernize laws, strengthen institutions, and ensure that decisions are made based on technical and ethical criteria,' they stated in the communiqué. The association's analysis highlights that, beyond the economic benefits associated with joining a group of advanced economies, the challenge lies in building an efficient public administration free from clientelistic practices. 'While the goal is ambitious, the opportunity to improve the quality of life for Panamanians through inclusive and sustainable policies should not be underestimated,' they concluded. The debate takes place in a context in which Panama is seeking to consolidate its image as a competitive and transparent country, key to attracting investment and deepening international partnerships. However, Apede warned that success will depend on political will and citizen commitment to implement structural reforms that go beyond symbolic gestures.