Israel : Selected Issues

1ISREA2008002 Image
Price:  $18.00

Release Date: © February, 2008
ISBN : 978-1-45181-965-6
Stock #: 1ISREA2008002
English
Stock Status: On back-order

Languages and formats available

EnglishFrenchSpanishArabicRussianChinesePortuguese
PaperbackYes
PDFYes
ePubYes
MobipocketYes

Description

The methodologies used in this paper suggest that Israel’s real exchange rate is moderately undervalued, while gains in external competitiveness appear to have been eroded in recent years. Market-based indicators provide a useful additional dimension to the analysis of financial stability in Israel. The Israeli government has made far-reaching reforms to financial markets in recent years. Banks’ performance and financial strength have been improving. This paper proposes two rules that are based on a debt-brake concept and an alternative error-correction-mechanism toward fiscal policy in Israel.

Taxonomy

Balance of payments , Current account




More publications in this series: IMF Staff Country Reports