European Parliament Library

Israel :, Selected Issues

This Selected Issues paper on Israel focuses on the fiscal institutions and the political economy in Israel. The paper addresses two questions. First, is there evidence for political-economy distortions to Israel’s fiscal policy? Second, what institutional changes could help in limiting these distortions? The paper presents some data on Israel’s political system and an empirical analysis of the relation between fiscal policy and the political infrastructure. It also presents some options for reducing political economy distortions through reforms in the budget process and institutions
Table Of Contents
Cover; Contents; I. FISCAL INSTITUTIONS AND THE POLITICAL ECONOMY IN ISRAEL1; A. Introduction; B. Data and Empirical Analysis; C. Reform to Reduce Political Economy Biases to Fiscal Policy; Tables; 1. Political Fractionalization in Israel and Industrial Economies; 2. Regression Analysis; 3. Regression Analysis; Figures; 1. Government Duration; 2. Majority Margin in Knesset and Number of Parties In Government Coalitions; 3. Strength of Leading Party in Government Coalition; 4. Number of Spending Ministries; 5. Index of Fractionalization in the Knesset (1942-2006)
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (36 p.)
Specific Material Designation
Form Of Item

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