Brexit and the Caribbean: Much Ado About Nothing?

Oct 2016
This report estimates the direct and indirect macroeconomic impact of the Brexit leave vote on the Caribbean during 2016 and 2017 in terms of economic growth, exports, tourism, and remittances. We consider six Caribbean countries (denominated as C6): The Bahamas, Barbados and Jamaica (tourism-based), and Guyana, Suriname and Trinidad and Tobago (commodity-based). We find the estimated quantitative impact of Brexit(v) to be very small if not negligible.