The decline of traditional sectors in Israel : the role of the exchange rate and the minimum wage /
Saved in:
Author / Creator: | Clifton, Eric V. |
---|---|
Imprint: | [Washington, D.C.] : International Monetary Fund, IMF Institute, ©1998. |
Description: | 1 online resource (24 pages) : illustrations |
Language: | English |
Series: | IMF working paper, 2227-8885 ; WP/98/167 IMF working paper ; WP/98/167. |
Subject: | |
Format: | E-Resource Book |
URL for this record: | http://pi.lib.uchicago.edu/1001/cat/bib/12497514 |
Other authors / contributors: | IMF Institute. |
---|---|
ISBN: | 1282035304 9781282035300 9781451903409 1451903405 1452780463 9781452780467 9786613796813 6613796816 9781451858150 1451858159 |
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. |
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 |
Other form: | Print version: Clifton, Eric V. Decline of traditional sectors in Israel. [Washington, D.C.] : International Monetary Fund, IMF Institute, ©1998 |
Standard no.: | 10.5089/9781451903409.001 |
Similar Items
-
Israel's exchange rate band /
by: Helpman, Elhanan
Published: (1992) -
Credit and exchange rate-based stabilization /
by: Khamis, May Y. (May Yusuf)
Published: (1996) -
Israel's foreign exchange rate system.
by: Michaely, Michael
Published: (1971) -
Israel : selected issues /
Published: (2008) -
Macroeconomic performance under alternative exchange rate regimes : does wage indexation matter? /
by: Jadresić, Esteban
Published: (1998)