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Winners and losers of the Panama Canal expansion

Monday, April 15, 2013

Throughout the history of the United States, the main divisions have traditionally been between the North and the South, an economic and political rivalry that we know also produced a civil war.

But there is also an important rivalry between the West Coast and the East Coast, a battle for cultural, academic and scientific supremacy, an ongoing contest to attract the best musicians, artists and chefs.

This rivalry now has a new feature, as the East Coast prepares to compete with the West Coast for the lucrative shipping lines coming from Asia. The reason for this? The expected expansion of the Panama Canal, a project that could end up tipping the balance of power toward one coast over the other.

Source: América Economía