The Bank of Israel

Volume II provides an in-depth analysis of important specific issues detailed discussion of the independence of the Bank of Israel and an econometric study of the central banks policies. This volume also includes a historical account of the liberalization of Israel''s foreign-exchange market and various issues related to the banking system such as concentration competition and especially banking supervision. In one of the articles in this volume based on a series of interviews the top officials of the Bank of Israel present their view on the Banks policies in the various periods.