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Israel: Selected Issues

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  • International Monetary Fund

Abstract

This Selected Issues paper on Israel focuses on the fiscal institutions and the political economy in Israel. The paper addresses two questions. First, is there evidence for political-economy distortions to Israel’s fiscal policy? Second, what institutional changes could help in limiting these distortions? The paper presents some data on Israel’s political system and an empirical analysis of the relation between fiscal policy and the political infrastructure. It also presents some options for reducing political economy distortions through reforms in the budget process and institutions.

Suggested Citation

  • International Monetary Fund, 2007. "Israel: Selected Issues," IMF Staff Country Reports 2007/025, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2007/025
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=20254
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    References listed on IDEAS

    as
    1. de Luna Martinez, Jose & Rose, Thomas A., 2003. "International survey of integrated financial sector supervision," Policy Research Working Paper Series 3096, The World Bank.
    2. Mr. Martin Cihak & Richard Podpiera, 2006. "Is One Watchdog Better Than Three? International Experience with Integrated Financial Sector Supervision," IMF Working Papers 2006/057, International Monetary Fund.
    3. Martin Èihák & Richard Podpiera, 2006. "Is One Watchdog Better than Three? International Experience with Integrated Financial-Sector Supervision (in English)," Czech Journal of Economics and Finance (Finance a uver), Charles University Prague, Faculty of Social Sciences, vol. 56(3-4), pages 102-126, March.
    4. Taylor, Michael & Fleming, Alex, 1999. "Integrated financial supervision : lessons of Northern European experience," Policy Research Working Paper Series 2223, The World Bank.
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    Cited by:

    1. Mr. Steven A. Symansky & Mr. Xavier Debrun & Mr. Natan P. Epstein, 2008. "A New Fiscal Rule: Should Israel “Go Swiss?”," IMF Working Papers 2008/087, International Monetary Fund.
    2. International Monetary Fund, 2008. "Israel: Selected Issues," IMF Staff Country Reports 2008/063, International Monetary Fund.

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