Arequipa vs Panama

Informations

Arequipa (Spanish pronunciation: [aɾeˈkipa]; Aymara & Quechua: Ariqipa) is a city located in the province and the eponymous department of Peru. It is the seat of the Constitutional Court of Peru and often dubbed the "legal capital of Peru." It is the second most populated city in Peru, after Lima, with an urban population of 1,008,290 inhabitants according to the 2017 national census.Its metropolitan area integrates twenty-one districts, including the foundational central area, which it is the seat of the city government. The city has a Nominal GDP of 9,445 million (USD) and a nominal GDP per capita of US$10,277, which represents a GDP per capita PPP of US$18,610 in the period 2015, being the second city with the highest economic activity in Peru.Arequipa is also an important industrial and commercial center of Peru, and is considered as the second industrial city of the country. Within its industrial activity the manufactured products and the textile production of wool of camelids. The town maintains close commercial links with Chile, Bolivia, and Brazil and with the cities connected by the South trainway, as well as with the port of Matarani.The city was founded on 15 August 1540, under the name of "Beautiful Villa of Our Lady of the Assumption" in the name of Marquis Francisco Pizarro.

On 22 September 1541, the monarch Carlos V ordered that it should be called the "City of Arequipa". During the viceregal period, it acquired importance for its outstanding economic role, and is characterized by the fidelismo towards the Spanish Crown, which honored Arequipa with titles such as "Very Noble and Very Loyal." In the Republican history of Peru, the city has been the focus of popular, civic and democratic rebellions. It has also been the cradle of notable intellectual, political and religious figures. In the Republican era, it was awarded the title of "Heroic city of the free people of Arequipa".Its historical center extends over an area of 332 hectares and has been declared a UNESCO World Heritage Site. Historical heritage and monumental that it houses and its diverse scenic and cultural spaces turn it into a host city of national and international tourism, in its historical center it highlights the religious architecture viceregal and republican product of mixture of Spanish and autochthonous characteristics, that constituted an own stylistic school called "Arequipeña School" whose influence arrived in Potosí (Bolivia).

Source: Wikipedia

Informations

Panama ( (listen) PAN-ə-mah, pan-ə-MAH; Spanish: Panamá IPA: [panaˈma] (listen)), officially the Republic of Panama (Spanish: República de Panamá), is a transcontinental country in Central America and South America, bordered by Costa Rica to the west, Colombia to the southeast, the Caribbean Sea to the north, and the Pacific Ocean to the south. The capital and largest city is Panama City, whose metropolitan area is home to nearly half the country's 4 million people.Panama was inhabited by indigenous tribes before Spanish colonists arrived in the 16th century. It broke away from Spain in 1821 and joined the Republic of Gran Colombia, a union of Nueva Granada, Ecuador, and Venezuela. After Gran Colombia dissolved in 1831, Panama and Nueva Granada eventually became the Republic of Colombia. With the backing of the United States, Panama seceded from Colombia in 1903, allowing the construction of the Panama Canal to be completed by the US Army Corps of Engineers between 1904 and 1914.

The 1977 Torrijos–Carter Treaties agreed to transfer the canal from the United States to Panama on December 31, 1999. The surrounding territory was first returned in 1979.Revenue from canal tolls continues to represent a significant portion of Panama's GDP, although commerce, banking, and tourism are major and growing sectors. It is regarded as having a high-income economy. In 2019 Panama ranked 57th in the world in terms of the Human Development Index. In 2018, Panama was ranked the seventh-most competitive economy in Latin America, according to the World Economic Forum's Global Competitiveness Index. Covering around 40 percent of its land area, Panama's jungles are home to an abundance of tropical plants and animals – some of them found nowhere else on earth. Panama is a founding member of the United Nations and other international organizations such as OAS, LAIA, G77, WHO, and NAM.

Source: Wikipedia