Resolve Python 2 ImportError: cannot import name compat

Importing Pandas package encountered ImportError: cannot import name compat issue

I am using Python 2.7.13 and encountered the following error while importing the Pandas package .

>>> import pandas
Traceback (most recent call last):
File "<stdin>", line 1, in <module>
File "/home/###/miniconda3/lib/python2.7/site-packages/pandas/__init__.py", line 42, in <module>
from pandas.core.api import *
File "/home/###/miniconda3/lib/python2.7/site-packages/pandas/core/api.py", line 10, in <module>
from pandas.core.groupby import Grouper
File "/home/###/miniconda3/lib/python2.7/site-packages/pandas/core/groupby/__init__.py", line 1, in <module>
from pandas.core.groupby.groupby import GroupBy  # noqa: F401
File "/home/###/miniconda3/lib/python2.7/site-packages/pandas/core/groupby/groupby.py", line 20, in <module>
from pandas import compat
ImportError: cannot import name compat

There are many solutions online, such as changing the method of importing compat in grouby.py; Reinstalling matplotlib and so on were unsuccessful.

The ultimate solution is to downgrade pandas
Original Pandas version:

 print ("pandas version:{}"format(pandas.__version__))
pandas version:0.24.0

Now uninstall Pandas and reinstall version 0.23.0:

 pip uninstall pandas
pip install --upgrade pandas==0.23.0

Current version:

print ("pandas version:{}"format(pandas.__version__))
pandas version:0.23.0

Try importing pandas:

>>> import pandas
>>>

Success!!