Hidden Bibliographic Details
| Other authors / contributors: | IMF Institute.
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| ISBN: | 1282035304
9781282035300
9781451903409
1451903405
1452780463
9781452780467
9786613796813
6613796816
9781451858150
1451858159
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| Notes: | Includes bibliographical references (page 24).
Restrictions unspecified
Electronic reproduction. [Place of publication not identified] : HathiTrust Digital Library, 2010.
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212
English.
digitized 2010 HathiTrust Digital Library committed to preserve
Print version record.
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| Summary: | During 1994-96, the output of high-tech sectors in Israel grew by 7.2 percent per annum whereas traditional sectors' output increased by 6.0 percent. Over the same period, exports from high-tech sectors grew by 9.0 percent per annum while those of traditional sectors grew by 4.9 percent.2 The explanation for this relative "decline" of traditional sectors has been a subject of debate in Israel. Many contributing factors have been identified but exchange rate appreciation and the minimum wage system have received particular attention. Exporters of traditional products have been complaining that real exchange rate appreciation has damaged their competitiveness. As one analysis of the situation put it
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| Other form: | Print version: Clifton, Eric V. Decline of traditional sectors in Israel. [Washington, D.C.] : International Monetary Fund, IMF Institute, ©1998
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| Standard no.: | 10.5089/9781451903409.001
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