01666cas a2200241 a 4500 AALejournalIMF002363 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451819489 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Israel : Staff Report for the 2002 Article IV Consultation. Washington, D.C. : International Monetary Fund, 2003. 1 online resource (47 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 2002 Article IV Consultation highlights that the Israeli economy is in the midst of a deep recession. Waning exports and investment, combined with stagnant private consumption, led to negative growth in 2001 and 2002. The stagnation can be attributed to the burst of the technology bubble, the global slowdown, and the deterioration in the security situation. Recently, some indicators suggested that economic activity is stabilizing, but there are no signs of recovery in sight. On the structural front, the government has pushed forward a broad-based tax reform and introduced some labor market reform measures. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2003/075 Full text available on IMF http://elibrary.imf.org/view/journals/002/2003/075/002.2003.issue-075-en.xml IMF e-Library