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CSIS Issues Commentary: Mulino Doctrine - How Panama Is Redefining Small State Strategy
June 18, 2025
WASHINGTON, June 18 -- The Center for Strategic and International Studies issued the following commentary on June 16, 2025:

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The Mulino Doctrine: How Panama Is Redefining Small State Strategy

By Carlos Ruiz-Hernandez

Panama has always punched above its weight. A country of just over four million people controls a waterway that handles 5 percent of global trade and 40 percent of U.S. container traffic between coasts. But geographic advantag . . .

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