These two volumes were written on the occasion of the fiftieth anniversary of the founding of the Bank of Israel. They recount the monetary history of Israel from 1948, when the country was established (and before) to the present day. Volume I retells Israel's monetary history, analyzes the background of the developments mentioned above, and describes the difficulties in regaining monetary control in recent years. This volume also provides an analytical framework to help understand the monetary developments in the inflationary era and in the disinflation process.
The Bank of Israel: Volume 1: A Monetary History
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Book Description
Editorial Reviews
About the Author
Haim Barkai is Sapir Professor Emeritus of Economics at the Hebrew University of Jerusalem. Nissan Liviatan is in the Research Department at the Bank of Israel.
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Inside This Book
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Key Phrases - Statistically Improbable Phrases (SIPs):
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land bonds, mobilized economy, national unity government, quarterly change, unilateral receipts, outstanding monetary base, inflation plateau, credit accommodated, prewar quarters, nominal bank credit, disinflation process, monetary dominance, government injection, monetary injections, indexation arrangements, fiscal dominance, defense imports, inflation era, operational deficit, formal exchange rate, inflation step, import surplus, monetary front, disinflation policy, discretionary regime Key Phrases - Capitalized Phrases (CAPs): (learn more)
Annual Report, Bank of Israel, Israel's Great Inflation, Ministry of Finance, Department of Issue, General Features of the Disinflation Process, United States, Latin America, Central Bureau of Statistics, Table App, Bretton Woods, Finance Ministry, Usury Law, Statistical Abstract of Israel, Ministerial Committee, Economic Affairs, New Economic Policy, David Horowitz, Western Europe, World War, Palestine Currency Board, European Union, The International Perspective, Israel Bonds, United Kingdom Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Surprise Me!
land bonds, mobilized economy, national unity government, quarterly change, unilateral receipts, outstanding monetary base, inflation plateau, credit accommodated, prewar quarters, nominal bank credit, disinflation process, monetary dominance, government injection, monetary injections, indexation arrangements, fiscal dominance, defense imports, inflation era, operational deficit, formal exchange rate, inflation step, import surplus, monetary front, disinflation policy, discretionary regime Key Phrases - Capitalized Phrases (CAPs): (learn more)
Annual Report, Bank of Israel, Israel's Great Inflation, Ministry of Finance, Department of Issue, General Features of the Disinflation Process, United States, Latin America, Central Bureau of Statistics, Table App, Bretton Woods, Finance Ministry, Usury Law, Statistical Abstract of Israel, Ministerial Committee, Economic Affairs, New Economic Policy, David Horowitz, Western Europe, World War, Palestine Currency Board, European Union, The International Perspective, Israel Bonds, United Kingdom Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Surprise Me!
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