The Impact of the EPA on Caribbean Economies

Date Published: 
November, 2009
Document Author(s): 
CaPRI
Thematic Area: 

The Economic Partnership Agreement (EPA) recently concluded by the European Union and CARIFORUM (the countries of CARICOM plus the Dominical Republic) replaces the Lomé arrangements and will govern trade between the two regions going forward. Using a computable general equilibrium (CGE) model, this exercise traces the economic impact of the tariff reductions on European Union imports into the Caribbean and consequently on the economies in the region.