| Title: | Israel, Government of |
| Price: | $300.00 |
| Publication Date: | May 08, 2008 |
| Report Type: | Analysis |
| Brief Excerpt: | ...Israel s A# government bond ratings were upgraded to A# from A# in April #### to reflect Israel s improved debt sustainabi lity in recent years. Fiscal discipline and reform-minded economic policies are modernizing and enhancing the performance of the real economy as well as steadily reducing the government s debt burden although it remains very high. The economy s increased resilience to intense shocks, a characterization that has been test ed repeatedly througho ut the years, is another important factor. Israel has much higher debt ratios t han almost all other A-rated countries (A# Eurozone member Greece being the only ex ception). However, counterbalancing Israel s hefty debt load is that its high middle income level and more advanced level of economic and institutional devel opment enable it to sustain a large debt burden. ... |
| Word Count: | 5422 |
| Length: | 10 Pages |
| Issuer: | Israel, Government of |
| Format: | 
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