Suchergebnisse

This first OECD review of Israel's economy includes chapters covering recent economic developments and policy challenges, the macroeconomic policy framework, education reform, reducing poverty and raising employment rates, and policies affecting the business environment

KEY ISSUESContext. The economy is growing at a moderate pace. Abstracting from the impact ofnew large-scale natural gas production, GDP growth is estimated to have moderated to about 2½ percent in 2013, owing in large part to weak investment and exports. Some pick up is expected in 2014, but the underlying momentum is weaker than before.Despite notable progress, Israel's public debt (68 percent of GDP) remains high, while continued house price increases pose risks of a boom-bust cycle in the housing market.Policy priorities. The key policy challenge is to maintain near-term growth at potential

Front Matter -- Front Cover -- Half Title Page -- Title Page -- Copyright Page -- Table Of Contents -- PREFACE -- Contents -- INTRODUCTION -- THE ROAR THAT BECAME A WHISPER -- OBSTACLES TO GROWTH: THE ABDUCTED CAPITAL MARKET -- THE CAPITAL MARKET: THE ORIGINS -- OBSTACLES TO GROWTH: THE ECONOMIC CULTURE -- THE ECONOMIC CULTURE: THE ORIGINS -- OBSTACLES TO GROWTH: THE WOULD-BE BUSINESS SECTOR -- THE WOULD-BE PRIVATE SECTOR: THE ORIGINS -- OBSTACLES TO GROWTH: THE ALMIGHTY WEAKLING -- THE INFLATIONARY PRESCRIPTION: INSTITUTIONS AND POLICIES -- INFLATION! THE OBSTACLES GANG UP -- STABILIZATION AND MISSED OPPORTUNITIES -- Back Matter -- NOTES -- INDEX.