European Parliament Library

Israel :, 2012 Article IV Consultation: Staff Report; Informational Annex; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Israel

This 2012 Article IV Consultation reports that Israel has emerged from the 2008–09 global crisis with strong economic growth, a resilient banking system, and unemployment at historic lows. Exports, at 40 percent of GDP, depend on global demand for high-technology products, such as electronics and pharmaceuticals, and communications. One-third of exports go directly to Europe, with more routed there indirectly. Given the country’s weak direct trade linkages to the region, regional tensions mainly affect Israel through security, investor and consumer confidence, and public finances
Table Of Contents
Cover; CONTENTS; THE CHALLENGES AHEAD; IS ISRAEL PREPARED?; ADDRESSING THE CHALLENGES; A. Fiscal Policy and Framework; B. Monetary and Exchange Rate Policies and Frameworks; C. Financial Stability; D. Macrosocial Challenges and Sustainability; THE AUTHORITIES' VIEWS; STAFF APPRAISAL; BOXES; 1. 2011 Social Protest and the Trajtenberg Committee Recommandations; 2. Measures to Stabilize the Real Estate Sector; 3. BoI Foreign Exchange Policy 2010-11; 4. Exchange Rate Assessment; 5. Medium Term Fiscal Projections and the Fiscal Rules; FIGURES; 1. The Long-term View, 1996-2011
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (68 p.)
Specific Material Designation
Form Of Item

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