01609cas a2200241 a 4500 AALejournalIMF000595 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451819441 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Israel : Background Studies, Information Notes, and Statistical Appendix. Washington, D.C. : International Monetary Fund, 1998. 1 online resource (114 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper reviews economic developments in Israel during the 1990s. The paper analyzes tax revenue shortfalls in 1995-97. The factors that have contributed to overruns in the budget deficit relative to its targeted level are examined. The analysis indicates that the main difficulty has stemmed from the revenue side, and details the various areas where problems have occurred. The paper examines whether stable estimating equations for the major tax components can be established. The paper also examines volatility of interest rates in Israel. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 1998/028 Full text available on IMF http://elibrary.imf.org/view/journals/002/1998/028/002.1998.issue-028-en.xml IMF e-Library