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OECD's 2013 Economic Survey of Israel examines recent economic developments, prospects and policies. Special chapters cover health care and the tax and transfer system.
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Oecd Economic Surveys: China 2010
2010, Organization for Economic Cooperation & Development, ebrary, Incorporated [Distributor]
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in English
9264076689 9789264076686
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Book Details
Table of Contents
Table of contents; Basic statistics of Israel, 2012; Executive summary; Assessment and recommendations; Growth remains relatively strong; Figure 1. Output performance has weakened but remains better than in many other economies; Table 1. Macroeconomic indicators and projections; Box 1. A substantial upward revision in the level of GDP; Figure 2. Inflation, interest rates and currency developments; Figure 3. Housing market developments; Challenges in long-run productivity performance, poverty and the environment; Figure 4. Core economic challenges for the longer term.
Figure 5. Environmental indicatorsFigure 6. The OECD Better Life Index for Israel; Balancing inflation targeting and financial stability objectives is a challenge; Foreign-currency purchases have resumed; Figure 7. Currency developments and foreign exchange reserves; Reasonable progress in strengthening risk provisions and oversight in the financial sector; Box 2. Recommendations on monetary policy and financial-market regulation; Fiscal balances are set to come back on track; Figure 8. Government revenues, expenditure and debt; Figure 9. Deficit outcomes and targets.
Figure 10. Fiscal scenarios beyond 2014If further revenue-raising measures are needed, what form should they take?; Spending discipline need to be reinforced; Box 3. Recommendations on fiscal policy; Social policy, education and health care still face difficulties; In education a tougher line on enforcing the core curriculum is planned; Figure 11. Poverty, labour-market and education indicators; Employment and social policies are advancing only slowly, as spending remains small-scale; Some pension settings need reform; A good health-care system, but not without challenges.
Figure 12. Healthcare indicatorsBox 4. Recommendations on social policy, education and health care; There has been reasonable progress in improving the business environment; Maintaining an attractive profile of business taxation and effective business support remains crucial; Figure 13. Indicators of business policy; Good progress in strengthening competition; Box 5. Recommendations on the business environment; Environmental concerns need greater attention; Energy and transport policies could be greener; Issues in water and waste management, and biodiversity.
Box 6. Recommendations on environmental policiesBibliography; Annex. Progress with structural reforms; Chapter 1. How to improve taxes and transfers; Notable features of the system; Figure 1.1. Tax revenue and social spending indicators; Key challenges; Background: The recent history of tax and transfer measures; Table 1.1. Key tax and benefit measures since the tent-protests of 2011; Indirect tax; Figure 1.2. Tax on goods and services; Table 1.2. Key features of Israeli indirect tax, 2011; A good system of VAT; Figure 1.3. Value added tax.
Edition Notes
Welcome reductions in the taxation of specific consumer durables and food items.
Includes bibliographical references at the end of each chapters.
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