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Israel :, 2008 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Israel

The staff report for the 2008 Article IV Consultation of Israel on economic developments and policies is examined. Fiscal and monetary credentials have been established in markets. Banks and their supervisory arrangements have been robust, and growth has been strong, sustained, and balanced. Although public debt is much reduced, to about 80 percent of GDP, it remains vulnerable. Although domestic securities prices tracked those abroad downward, prompting outflows from provident funds, flows in domestic credit markets remained largely undisturbed
Table of contents
Contents; I. Summary and Appraisal; II. The Context; Figures; Boxes; III. Near Term Outlook and Risks; IV. Implications for Policies and Policy Frameworks, 2009-10; A. Financial Sector Policy and Framework; B. Fiscal Policy and Framework; C. Monetary Policy and Framework; V. The Authorities' Views; Tables; Attachments; I. Financial Sector Reform: Diversification and credit crunch; II. Global Spillovers to Israel; III. External Vulnerability; IV. Fiscal Sustainability; Contents; Appendix; Fund Relations
Literary form
non fiction
Description based upon print version of record
Physical description
1 online resource (74 p.)
Specific material designation
Form of item

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