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Bank Of Israel
The Bank of Israel ( he, בנק ישראל, ar, بنك إسرائيل) is the central bank of Israel. The bank's headquarters is located in Kiryat HaMemshala in Jerusalem with a branch office in Tel Aviv. The current governor is Amir Yaron. The primary objective of the Bank of Israel is to maintain price stability and the stability of the financial system in Israel. It also administers and implements monetary policy in Israel, conducts foreign exchange operations, supervises and regulates the banking system, takes care of the foreign reserves and operations of the financial market infrastructure. The Bank of Israel has, under Article 41 and 44 of its Statute, the exclusive right to issue Israeli Shekel banknotes and coins. History When Israel gained independence in 1948, the power of note issuance was vested with the Anglo-Palestine Bank, which was refounded as Bank Leumi in 1950. Monetary policy and banking supervision remained controlled by the Ministry of Finance. The Ban ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of Israel Seal
A bank is a financial institution that accepts Deposit account, deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a Bank regulation, high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure accounting liquidity, liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concept ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Foreign Reserve
Foreign exchange reserves (also called forex reserves or FX reserves) are cash and other reserve assets such as gold held by a central bank or other monetary authority that are primarily available to balance payments of the country, influence the foreign exchange rate of its currency, and to maintain confidence in financial markets. Reserves are held in one or more reserve currencies, nowadays mostly the United States dollar and to a lesser extent the euro. Foreign exchange reserves assets can comprise banknotes, bank deposits, and government securities of the reserve currency, such as bonds and treasury bills. Some countries hold a part of their reserves in gold, and special drawing rights are also considered reserve assets. Often, for convenience, the cash or securities are retained by the central bank of the reserve or other currency and the "holdings" of the foreign country are tagged or otherwise identified as belonging to the other country without them actually leaving ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stanley Fischer
Stanley Fischer ( he, סטנלי פישר; born October 15, 1943) is an Israeli American economist who served as the 20th Vice Chair of the Federal Reserve from 2014 to 2017. Fisher previously served as the 8th governor of the Bank of Israel from 2005 to 2013. Born in Northern Rhodesia (now Zambia), he holds dual citizenship in Israel and the United States.Stanley Fischer firms as top choice to become US Fed vice , via |
David Klein (governor Of The Bank Of Israel)
David Klein ( he, דוד קליין; 1935 – 26 May 2021) was an Israeli economist who served as governor of the Bank of Israel from January 2000 to January 2005.Orme Jr., William A. (17 January 2000)Choice for Israel Bank Chief Approved by a Split Cabinet ''The New York Times''Reuters (10 January 2005)Israel Asks Citigroup Official to Run Its Bank ''The New York Times'' Biography David Klein earned a BA in general history and economics from the Hebrew University of Jerusalem in 1959. In 1972 he was awarded a PhD in economics from George Washington University. His thesis was ''Velocity of Money, Production Costs, and Short-run Price Level Determination''. Finance career In 1959–1966, Klein worked in the budget department of the Israel Ministry of Finance. In addition to oversight and planning duties, he was involved in the establishment of the town of Arad and the reconstruction of the town of Qazvin in Iran after an earthquake. In 1966–1972 Klein worked for the Internation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jacob A
Jacob (; ; ar, يَعْقُوب, Yaʿqūb; gr, Ἰακώβ, Iakṓb), later given the name Israel, is regarded as a patriarch of the Israelites and is an important figure in Abrahamic religions, such as Judaism, Christianity, and Islam. Jacob first appears in the Book of Genesis, where he is described as the son of Isaac and Rebecca, and the grandson of Abraham, Sarah, and Bethuel. According to the biblical account, he was the second-born of Isaac's children, the elder being Jacob's fraternal twin brother, Esau. Jacob is said to have bought Esau's birthright and, with his mother's help, deceived his aging father to bless him instead of Esau. Later in the narrative, following a severe drought in his homeland of Canaan, Jacob and his descendants, with the help of his son Joseph (who had become a confidant of the pharaoh), moved to Egypt where Jacob died at the age of 147. He is supposed to have been buried in the Cave of Machpelah. Jacob had twelve sons through four women, his ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Michael Bruno (economist)
Michael Peter Bruno (Hebrew: מיכאל ברונו) (30 July 193226 December 1996) was an Israeli economist. He was governor of the Bank of Israel and a former World Bank Chief Economist. Biography Michael Peter Bruno was married to Ofra Hanoch (née Hirshenberg), with whom he had three children, daughter Yael and sons Ido and Asa. He died of cancer at home in Jerusalem.He is survived by his second wife Netta (née Ben-Porath). Awards and recognition * In 1970, Bruno was appointed the Carl Melchior chair of international economics. * In 1974, he was awarded the Rothschild Prize for Social Science. * In 1994, he was awarded the Israel Prize, for economics. Published works * * * See also * List of Israel Prize recipients References Further reading * * * Daniel Maman and Zeev Rosenhek Ze'ev ( he, זאב \ זְאֵב ''zeév''), also spelled Zeev or Zev, is a name of Hebrew origin which means wolf. The given name is a masculine form used among Ashkenazi Jews. It is ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Arnon Gafni
The Bank of Israel ( he, בנק ישראל, ar, بنك إسرائيل) is the central bank of Israel. The bank's headquarters is located in Kiryat HaMemshala in Jerusalem with a branch office in Tel Aviv. The current governor is Amir Yaron. The primary objective of the Bank of Israel is to maintain price stability and the stability of the financial system in Israel. It also administers and implements monetary policy in Israel, conducts foreign exchange operations, supervises and regulates the banking system, takes care of the foreign reserves and operations of the financial market infrastructure. The Bank of Israel has, under Article 41 and 44 of its Statute, the exclusive right to issue Israeli Shekel banknotes and coins. History When Israel gained independence in 1948, the power of note issuance was vested with the Anglo-Palestine Bank, which was refounded as Bank Leumi in 1950. Monetary policy and banking supervision remained controlled by the Ministry of Finance. The Bank ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Moshe Sanbar
Moshe Sanbar ( he, משה זנבר; March 29, 1926 – October 1, 2012) was an economist and Israeli public figure. He served as governor of the Bank of Israel during 1971–1976. Sanbar was born in Hungary, surviving the Second World War as a prisoner at Dachau Concentration Camp. Following his immigration to Israel he became associated with economic research and gradually involved in the work of the Ministry of Finance. He was in charge of the state budget and served as a personal, professional consultant to ministers Levi Eshkol and Pinhas Sapir, acting for the latter in his post as Minister of Trade and Industry (1970–1971). Sanbar was active in four main fields: * Civil service – In his various capacities at the Ministry of Finance: Head of the research division (1958–1960), deputy director of the State Income Directorate (1960-3), head of the Budget Directorate and economic advisor to the minister (1963–1968). After retiring in 1968 he continued to consult minister S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
David Horowitz (economist)
David Horowitz ( he, דוד הורוביץ; 1899 – 10 August 1979) was an Israeli economist and the first Governor of the Bank of Israel. Biography David Horowitz was born in Drohobych, in Galicia, then part of the Austro-Hungarian Empire, now in Ukraine. He immigrated to Palestine in 1920 and was one of the first members of Hashomer Hatzair. Finance and political career He served as the director of the Economic Department of the Jewish Agency for Israel and was a member of the Jewish Agency delegation to the United Nations in 1947. From May 1948 to June 1952, he was the first Director General of the Israeli Ministry of Finance A ministry of finance is a part of the government in most countries that is responsible for matters related to the finance. Lists of current ministries of finance Named "Ministry" * Ministry of Finance (Afghanistan) * Ministry of Finance and Ec .... In December 1954, he founded the Bank of Israel and served as its Governor until 31 October 1971. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Boston City Hall
Boston City Hall is the seat of city government of Boston, Massachusetts. It includes the offices of the mayor of Boston and the Boston City Council. The current hall was built in 1968 to assume the functions of the Old City Hall. It is a controversial and prominent example of Brutalist architecture, part of the modernist movement. It was designed by the architecture firms Kallmann McKinnell & Knowles and Campbell, Aldrich & Nulty, with LeMessurier Consultants as engineers. Together with the surrounding plaza, City Hall is part of the Government Center complex. This project constituted a major urban redesign effort in the 1960s, as Boston demolished an area of substandard housing and businesses. The building has been subject to widespread public condemnation, and is sometimes called one of the world's ugliest buildings. Calls for the structure to be demolished have been regularly made even before construction was finished. Architects and critics considered it to be excellent ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Arieh Sharon
Arieh Sharon ( he, אריה שרון; May 28, 1900 – July 24, 1984) was an Israeli architect and winner of the Israel Prize for Architecture in 1962. Sharon was a critical contributor to the early architecture in Israel and the leader of the first master plan of the young state, reporting to then Prime Minister, David Ben-Gurion. Sharon studied at the Bauhaus in Dessau under Walter Gropius and Hannes Meyer and on his return to Israel (then Palestine) in 1931, started building in the International Style, better known locally as the Bauhaus style of Tel Aviv. Sharon built private houses, cinemas and in 1937 his first hospital, a field in which he specialized in his later career, planning and constructing many of the country's largest medical centers. During the 1947–1949 Palestine war in 1948, Sharon was appointed head of the Government Planning Department, whose main challenge was where to settle the waves of immigrants who were arriving in the country, and in 1954 return ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Institute For Management Development
International Institute for Management Development (IMD) is a private business school in Lausanne, Switzerland specializes in executive education offering open enrollment programs for senior executives, as well as longer-term educational engagements that are customized for senior executives of a particular company. IMD is well known for its MBA program, which is taught in English and consistently ranked among the best in the world. History and mission IMD was formed in January 1990 through the merger of independent management education centers International Management Institute (Geneva) (IMI), established in 1946 by Alcan, and Institut pour l'Etude des Methodes de Direction de l'Entreprise (IMEDE) Lausanne established in 1957 by Nestlé. The new organization, the International Institute for Management Development (IMD), settled in Lausanne. The history of IMEDE and its merger with IMI is documented in Jean-Pierre Jeannet and Hein Schreuder (2015, chapters 2 and 4). Its industria ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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