This thesis explores Panama’s relations with the US and China, across history and more specifically in the 21st century, through a neorealist lens. Neorealist assumptions are applied to the case,...Show moreThis thesis explores Panama’s relations with the US and China, across history and more specifically in the 21st century, through a neorealist lens. Neorealist assumptions are applied to the case, and Panama’s bandwagoning and balancing strategies with the US and China are discussed as observed by historical trends and economic data such as Foreign Direct Investment (FDI), trade (Panamanian exports and imports from/to the US and China), foreign aid statistics, bilateral agreements, and diplomatic statements by high officials on economic and security issues. The study finds that China’s hegemonic rise in Panama-China relations represents merely an indication of China’s potential to be a long-term hegemonic challenger to US hegemony, and does not signify a shift in hegemony. Panama is seen to balance and bandwagon with both the US and China, choosing alignment depending on the perceived economic gains involved and potential threats to survival. Panama balances with their long-standing ally and regional hegemon, the US, to foremost secure survival in the long-term while in the short-term Panama bandwagons with China for economic gains. Panama’s consideration of China as alternative to the US as a greater power for alignment demonstrates China’s hegemonic character in LAC. Nonetheless, this case study shows that the US maintains its primacy and superiority as a hegemon due to its strong historical ties and yet unrivaled economic and military capacity.Show less
China has established an interconnected bond with Latin American ans Caribbean states, with a strong presence in macroeconomic policies and funding infrastructure. A partnership that goes beyond...Show moreChina has established an interconnected bond with Latin American ans Caribbean states, with a strong presence in macroeconomic policies and funding infrastructure. A partnership that goes beyond economic transactions, is the relationship with China and Latin America. Brazil being a large state, membership of the BRICS and having international exposure with the Global South and the Global; has offered them to be the perfect target for geopolitical strategy. By this China has taken advantage of this distinctive feature, as they slowly form a new Global hierarchy during the Pink Tide.Show less