OECD Economic Surveys Israel 2016
| Autor principal: | |
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| Autor Corporativo: | |
| Formato: | Libro electrónico |
| Idioma: | Inglés |
| Publicado: |
Paris, [France] :
OECD
2016.
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| Colección: | OECD Economic Surveys,
OECD Economic Surveys: Israel, |
| Materias: | |
| Ver en Biblioteca Universitat Ramon Llull: | https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009706012906719 |
Tabla de Contenidos:
- Table of contents; Basic statistics of Israel, 2014; Glossary; Executive summary; The economy has strong fundamentals, but productivity performance has been weak; Per capita GDP and productivity; Income inequality and poverty are high; Poverty rate relative to threshold of 50% of median disposable income; The fiscal framework is not conducive to inclusive growth; Expenditure on educational institutions; Assessment and recommendations; The economy is resilient and has sound fundamentals; Figure 1. Macroeconomic performance has been solid; The short-term outlook is expected to improve
- Figure 2. Effective exchange rates and export performanceTable 1. Macroeconomic indicators and projections; Table 2. Possible shocks to the Israeli economy; Narrowing divides between communities; Figure 3. Better Life Index (BLI) reflects the great diversity of the Israeli population; Maintaining an expansionary monetary stance and public debt reduction remains appropriate; Monetary policy in a challenging context; Figure 4. Monetary policy indicators; Preserving financial stability; Figure 5. Financial indicators, 2014
- Figure 6. Household debt is low, and the risk profile of new mortgages has been reducedAdjusting the fiscal framework to better address the nation's economic and social needs; Figure 7. The general government accounts have strengthened; Figure 8. Revised medium-term fiscal targets; Figure 9. Cutting public expenditures has led to inadequate spending in some key sectors; Productivity-enhancing reforms to boost growth and make it more inclusive; Figure 10. Productivity gap and TFP; Strengthening competition in the sheltered sectors of the economy
- Figure 11. Trade openness is relatively low and product market regulation stringentFigure 12. The productivity gap between the exposed and sheltered sectors is large and price levels high; Figure 13. Tariff and non-tariff trade barriers are high; Figure 14. Regulation in retail trade is restrictive; Figure 15. The banking sector has an oligopolistic market structure; Raising the education level of disadvantaged groups; Figure 16. The economic benefits of boosting average education are potentially large
- Figure 17. Resources and outcomes in education have increased, but further progress is neededWell-designed reforms to promote social cohesion and share the fruits of growth; Better integrating the disadvantaged groups into the labour market; Figure 18. The employment rate has increased, but wage growth has been quite sluggish; Improving supply conditions on the housing market; Figure 19. Supply conditions in the housing market have improved somewhat; Improving the pension system and the welfare of retirees; Figure 20. The ageing process and public pension costs are quite moderate
- Table 3. Gross and net pension replacement rates
