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dc.titleCaribbean Region Quarterly Bulletin: Volume 5, Issue 3: September 2016
dc.contributor.authorKhadan, Jeetendra
dc.contributor.authorRuprah, Inder J.
dc.contributor.authorSchmid, Juan Pedro
dc.contributor.authorWright, Allan
dc.contributor.authorGomez Osorio, Camillo
dc.contributor.authorWaithe, Kimberly
dc.contributor.authorWenner, Mark D.
dc.contributor.authorClarke, Dillon
dc.contributor.authorThomas, Chrystol
dc.contributor.authorPradelli, Juan Jose
dc.contributor.authorOkey, Onoh-Obasi
dc.contributor.orgunitCountry Department Caribbean Group
dc.coverageSuriname
dc.coverageTrinidad and Tobago
dc.coverageBarbados
dc.coverageJamaica
dc.coverageBahamas
dc.coverageGuyana
dc.coverageThe Caribbean
dc.date.available2016-09-28T00:00:00
dc.date.issue2016-09-24T00:00:00
dc.description.abstractBritish voters surprised the world when they voted to leave the European Union in June 2016. Markets reacted heavily to the surprise, resulting in high volatility in all major stock indices as well as bond and foreign exchange markets. Many observers predicted a dire impact on the UK, EU and world economy. Anxiety also rose in the Caribbean. Around three months into the vote, markets have calmed down. Stock and bond indices are back to levels similar or higher than before the vote, although there are signs of an economic slowdown in the UK. In exploring the economic impact of the leave vote, we find that Brexit and the subsequent slow-down in economic growth will have only a marginal impact on the Caribbean's economic growth, tourism, remittances and exports, during 2016 and 2017. As usual, the Quarterly Bulletin also provides an overview of recent economic developments in the Caribbean.
dc.format.extent52
dc.identifier.doihttp://dx.doi.org/10.18235/0008142
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/Caribbean-Region-Quarterly-Bulletin-Volume-5-Issue-3-September-2016.pdf
dc.language.isoen
dc.mediumAdobe PDF
dc.publisherInter-American Development Bank
dc.subjectForeign Exchange
dc.subjectExport
dc.subjectEconomic Impact
dc.subjectTourism
dc.subjectRemittance
dc.subjectOil Price
dc.subjectGDP Growth
dc.subjectInterest Rate
dc.subjectUnemployment Rate
dc.subjectFiscal Deficit
dc.subject.jelcodeE40 - Money and Interest Rates: General
dc.subject.jelcodeE44 - Financial Markets and the Macroeconomy
dc.subject.jelcodeF0 - International Economics: General
dc.subject.jelcodeF1 - Trade
dc.subject.jelcodeF43 - Economic Growth of Open Economies
dc.subject.jelcodeF6 - Economic Impacts of Globalization
dc.subject.jelcodeO10 - Economic Development: General
dc.subject.keywordsremittances;Brexit;economic impact;exports;tourism
dc.typeMagazines, Journals and Newsletters
idb.identifier.pubnumberMagazines, Journals & Newsletters
idb.operationRG-P1610
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