Economy
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  • Economy

    • Israel’s primary weapon in dealing with recession was an aggressive monetary policy.
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    • Israel is today an industrialized country with most of its manufacturing, including many traditional fields, based on intensive and sophisticated research & development and hi-tech processe ...
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    • With its small economy and relatively limited domestic market, Israel's growth depends mainly upon expanding exports.
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    • The economic reform program embarked on by the government in 2003 continues to reduce the budget (as well as taxes) further and streamline the economy.
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    • Israel was well prepared when, in 2008, the effects of the financial crisis began to ripple across world economies.
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