Israel : 2010 Article IV Consultation—Staff Report; Public Information Notice on the Executive Board Discussion

Publication Date: January 24, 2011
Electronic Access: Free Full text (PDF file size is 1,634KB).
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Summary: Israel was mildly affected by the global recession: following a slowdown in 2009, output is projected to grow by some 4 percent in 2010, led by consumption and exports. Robust fundamentals—including sustained pre-crisis fiscal consolidation—and a swift monetary and fiscal policy response to the external downturn allowed Israel to pass through the global recession relatively unscathed. The resilience of the economy has been strengthened by the adoption of new fiscal rules capping spending and deficits.
Series: Country Report No. 11/21
Subject(s): Article IV consultation reports | Capital inflows | Debt sustainability | Economic growth | Economic indicators | Exchange rate appreciation | Fiscal consolidation | Housing prices | Interest rates | Public information notices | Staff Reports

Publication Date: January 24, 2011
ISBN/ISSN: 9781455213832/1934-7685 Format: Paper
Stock No: 1ISREA2011001 Pages: 50
US$18.00 (Academic Rate:
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