New Providence vs Panama

Informations

New Providence is the most populous island in The Bahamas, containing more than 70% of the total population. It is the location of the national capital city of Nassau, whose boundaries are coincident with the island; it had a population of 246,329 at the 2010 Census; the latest estimate (2016) is 274,400. The island was originally under Spanish control following Christopher Columbus's discovery of the New World, but the Spanish government showed little interest in developing the island (and The Bahamas as a whole). Nassau, the island's largest city, was formerly known as Charles-town, but it was burned to the ground by the Spanish in 1684. It was laid out and renamed Nassau in 1695 by Nicholas Trott, the most successful Lord Proprietor, in honor of the Prince of Orange-Nassau who became William III of England.

The three branches of Bahamian Government: the executive, the legislative, and the judiciary, are all headquartered on New Providence. New Providence functions as the main commercial hub of The Bahamas. It is also home to more than 400 banks and trust companies, and its hotels and port account for more than two-thirds of the four million-plus tourists who visit The Bahamas annually. Other settlements on New Providence include Grants Town, Bain Town, Fox Hill, Adelaide, Yamacraw, South Beach, Coral Harbour, Lyford Cay, Paradise Island, Sea Breeze, Centreville, The Grove (South) and The Grove (West Bay), Cable Beach, Delaporte, Gambier, Old Fort Bay, and Love Beach.

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