COVID-19 & MACROECONOMICS: Taub Center "Viral Economics" briefing series

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Published Aug 20, 2020

"How Israel's economy is addressing COVID-19?" featuring Professor Benny Bental, Macroeconomics Policy Program Chair, Taub Center; Yossi Bachar, Chairman of Haifa Chemicals, Former Chairman of Israel Discount Bank, & Former Director General of the Finance Ministry

00:15 Background of Israel's current economic crisis
04:05 How does Israel's situation compare to other countries?
06:06 Possible solutions for the Finance Ministry's exit strategy
11:26 Which issues are not being discussed, that should be?
16:10 How does this crisis compare to previous ones?
19:02 What are some policy options for the government to implement to help businesses recover?

Audience Questions
20:23 The Bank of Israel has built up significant reserves. What policies limit or allow them to intervene in different ways, comparing to the U.S. Federal Reserve?
24:17 Will the government's stimulus efforts impact inflation?
26:532 Are budget cuts going to impact municipalities?
27:57 What measures are being taken to help independent businesses?