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Moeser, Charlotte - Economics Department, Organisation de Coopération et … - 2010

Israel’s monetary policy framework is broadly sound. Inflation targeting was introduced in the early 1990s, and low … single-digit inflation was established by the end of the decade. However, fast transmission from the exchange rate to … inflation means the operational challenges differ somewhat from those in many OECD countries. Also, the Bank of Israel has been …

Persistent link: https://www.econbiz.de/10008552861

The Challenge of Restoring French Competitiveness

Kierzenkowski, Rafal - Economics Department, Organisation de Coopération et … - 2009

Since the beginning of the decade, France has seen a marked decline in its export performance, leading to growing concerns on the part of the authorities and of civil society about the economy’s capacity to adapt to the intensified globalisation of trade and investment in goods and services....

Persistent link: https://www.econbiz.de/10005034051

How to Improve the Economic Policy Framework for the Housing Market in Israel

Hemmings, Philip - Economics Department, Organisation de Coopération et … - 2011

Israeli house prices have risen by over 50% over the past three years. In part this reflects the fact that for several years housing construction had not kept pace with increases in the number of households. In response to these developments, hitherto sluggish planning-approval processes are...

Persistent link: https://www.econbiz.de/10009386331

Issues in Private-Sector Finance in Israel

Hemmings, Philip - Economics Department, Organisation de Coopération et … - 2011

The 2008-09 global financial crisis did not result in the failure of any major financial institution in Israel, but it did reveal vulnerabilities in the non-banking sector . particularly in the corporate-bond market. Conservative regulation of the banking sector helped this segment avoid a...

Persistent link: https://www.econbiz.de/10009386332

Addressing Challenges in the Energy Sector in Israel

Hemmings, Philip - Economics Department, Organisation de Coopération et … - 2011

Offshore natural-gas discoveries have released Israel from complete reliance on imported primary fuels and are allowing for a cleaner energy mix. Furthermore, additional production will soon come on stream, and there is a reasonable chance of new commercially viable gas finds, and possibly of...

Persistent link: https://www.econbiz.de/10009386333

How to Improve Israel's Health-care System

Hemmings, Philip - Economics Department, Organisation de Coopération et … - 2014

Israelis enjoy higher life expectancy and have a much younger demographic profile than most OECD countries. However, the demand for health care is expanding rapidly due to population growth and ageing. Also, the country’s wide socio-economic divides are reflected in differences in health...

Persistent link: https://www.econbiz.de/10011276783

How to Improve Taxes and Transfers in Israel

Hemmings, Philip - Economics Department, Organisation de Coopération et … - 2014

Ensuring tax and transfer systems bring sufficient revenue to reach macroeconomic fiscal targets, address societal goals in re-distribution and social welfare, recognise the influence taxation has on businesses’ competitiveness and adequately address environmental externalities is a tough...

Persistent link: https://www.econbiz.de/10011276992

Israeli Education Policy: How to Move Ahead in Reform

Hemmings, Philip - Economics Department, Organisation de Coopération et … - 2010

Israel’s education system is complicated by multiple streams at the primary and secondary levels and by military conscription. Population growth and economic expansion have brought a massive increase in demand for all levels of education. Educational attainment statistics are impressive, but...

Persistent link: https://www.econbiz.de/10008552862

Policy Options for Reducing Poverty and Raising Employment Rates in Israel

Hemmings, Philip - Economics Department, Organisation de Coopération et … - 2010

Welfare-to-work measures are a central theme of Israel’s labour and social policies to tackle relative poverty, which is concentrated among the Arab-Israeli and Ultra-orthodox (Haredi) communities. Policies include pilot programmes involving private-sector job placement (the “Wisconsin”...

Persistent link: https://www.econbiz.de/10008552863

Bringing French Public Debt Down: The Options for Fiscal Consolidation

Égert, Balázs - Economics Department, Organisation de Coopération et … - 2011

France has a track record of persistent general government deficits, partly reflecting pro-cyclical fiscal policies in upswings. This has resulted in a quadrupling of its public debt-to-GDP ratio since the 1970s to above 80% of GDP. Reducing public debt is crucial because a high level of public...

Persistent link: https://www.econbiz.de/10009003060