| Description |
1 online resource (45 pages) |
| Series |
IMF country report ; no. 11/23 |
|
IMF country report ; no. 11/23.
|
| Contents |
Why was Israel so little affected by the Great Recession? / prepared by Nina Budina, Marco Cipriani, and Scott Roger -- Fiscal and monetary frameworks / prepared by Nina Budina and Scott Roger -- Global risks and domestic macrofinancial policies in Israel / prepared by Marco Cipriani -- Medium-term expenditure planning in Israel / prepared by Nina Budina -- Financial stability in Israel : a systemic contingent claims perspective / prepared by Dale Gray, Andy Jobst, Scott Roger, and Peter Doyle |
| Summary |
1. In the decade to 2007, Israel had secured strong stable growth-averaging 3.8 percent, with inflation in the 1-3 percent range, public debt falling below 80 percent of GDP, budget deficits declining into the 1-3 percent range, external current account surpluses, and the shekel freely floating and competitive (Figure 1). The economy was open and flexible-reflected in exports of some 40 percent of GDP, significantly oriented towards advanced economies. Property markets were stable, capped by earlier supply overhangs. Financia and especially banking-supervisory structures were, by global pre-crisis standards, highly activist and effective |
| Bibliography |
Includes bibliographical references |
| Notes |
Online resource; title from PDF title page (IMF Web site, viewed May 6, 2011) |
| Subject |
Global Financial Crisis, 2008-2009.
|
|
Risk management -- Israel
|
|
Government spending policy -- Israel
|
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Financial services industry -- Israel
|
|
Economic policy
|
|
Financial services industry
|
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Government spending policy
|
|
Risk management
|
| SUBJECT |
Israel -- Economic policy
|
| Subject |
Israel
|
| Form |
Electronic book
|
| Author |
Budina, Nina.
|
|
International Monetary Fund, issuing body.
|
| ISBN |
1283555506 |
|
9781283555500 |
|
9781455294237 |
|
1455294233 |
|
1455242780 |
|
9781455242788 |
|
