Jump to ContentJump to Main Navigation
The Great RecessionLessons for Central Bankers$
Users without a subscription are not able to see the full content.

Jacob Braude, Zvi Eckstein, Stanley Fischer, and Karnit Flug

Print publication date: 2013

Print ISBN-13: 9780262018340

Published to MIT Press Scholarship Online: January 2015

DOI: 10.7551/mitpress/9780262018340.001.0001

Show Summary Details
Page of

PRINTED FROM MIT PRESS SCHOLARSHIP ONLINE (www.mitpress.universitypressscholarship.com). (c) Copyright The MIT Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in MITSO for personal use.date: 28 November 2021

Israel and the Global Crisis: Events, Policy, and Lessons

Israel and the Global Crisis: Events, Policy, and Lessons

Chapter:
(p.307) 11 Israel and the Global Crisis: Events, Policy, and Lessons
Source:
The Great Recession
Author(s):

Jacob Braude

Publisher:
The MIT Press
DOI:10.7551/mitpress/9780262018340.003.0012

This chapter describes Israel's experience with the global crisis. It analyzes the features and developments in this small open economy in the years prior to the crisis which contributed to its relative resilience to the crisis on the one hand, and to the vulnerabilities which were highlighted during it on the other hand. It then describes the major events in the real economy and in the financial markets during the crisis and the various policy measures that were implemented. The chapter concludes with the main lessons to be drawn from the Israeli experience for reducing the risk of a crisis developing and for policymaking during a crisis in case it does break out.

Keywords:   Israel, Policy measures, Lessons, Financial markets, Global crisis, Small open economy

MIT Press Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs, and if you can't find the answer there, please contact us.