Although accommodative policies and widespread indexation may account for the persistence of high inflation, they cannot explain changes in the inflation rate. This paper examines the causes of such changes for the high-inflation episodes immediately preceding the recent “heterodox” attempts...

This paper reviews institutional arrangements in the West Bank and Gaza Strip (WBGS), the structural features of the economy, and macroeconomic developments and prospects during the 1990s. The paper discusses the technical assistance that the IMF staff has been providing in response to requests...

This Selected Issues paper and Statistical Appendix reviews developments in the structure of the Israeli banking sector, as well as in the key indicators of soundness and profitability in recent years. The paper highlights that Israel’s financial system continues to be dominated by a small...

Health policy has been for some time high on the agenda of many countries--and where it has not, it should be. Since no ideal model of health services has ever been devised 9 one may look for favorable elements in the health sector of a given country and examine their applicability to other...

1. Practicing covertly concealed managerial ignorance -- 2. The dark secret of immoral careerism of "jumper" rotational CCMI user executives -- 3. The concepts of trust, leadership, culture, and democratic management -- 4. Effective innovative northern gin versus four mostly mismanaged plants --...