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Poverty in Panama
Hilt Tatum IV
Introduction
 A founding partner of iPoint Capital, Hilt Tatum IV
presently serves as the company president and focuses
on finding and analyzing new investment opportunities as
well as day-to-day management. Along with his wife, Hilt
Tatum IV is actively involved in local and international
philanthropy and supports several charities, including
Project Joy Panama and the Foundation for the Children
of Darien.
Although Panama has seen strong economic growth,
more than a quarter of the population is poor. Poverty is
especially rampant in rural areas, where nearly 50
percent of the population is poor and just under 25
percent live in extreme poverty.
Poverty in Panama
 These rates are even higher among the indigenous
people. In more recent years, migration from rural
areas to cities has led to an increase in urban
poverty.
The poorest populations include small subsistence
farmers, landless and rural laborers, indigenous
peoples, and households headed by women. The
poverty is caused by the inequalities created by an
urban, service-oriented economy that does not
benefit people living in rural areas, who suffer from
lack of assets and low quality of life.

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Poverty in Panama

  • 2. Introduction  A founding partner of iPoint Capital, Hilt Tatum IV presently serves as the company president and focuses on finding and analyzing new investment opportunities as well as day-to-day management. Along with his wife, Hilt Tatum IV is actively involved in local and international philanthropy and supports several charities, including Project Joy Panama and the Foundation for the Children of Darien. Although Panama has seen strong economic growth, more than a quarter of the population is poor. Poverty is especially rampant in rural areas, where nearly 50 percent of the population is poor and just under 25 percent live in extreme poverty.
  • 3. Poverty in Panama  These rates are even higher among the indigenous people. In more recent years, migration from rural areas to cities has led to an increase in urban poverty. The poorest populations include small subsistence farmers, landless and rural laborers, indigenous peoples, and households headed by women. The poverty is caused by the inequalities created by an urban, service-oriented economy that does not benefit people living in rural areas, who suffer from lack of assets and low quality of life.