By 2013, Israel’s IPO market had collapsed and 95 percent of start-ups were being sold to foreign entities. These conditions put at risk the future of local capital investment and overall economic growth in Israel. To focus on reinventing...

All around the world, financial system policymakers continue to respond vigorously to the problems in financial markets, institutions, and regulation and supervision brought into relief by the crisis of 2007 through 2009. However, the...