Despite the signs of slowdown that have been observed recently, overseas economies are expected to continue their moderate growth partly due to materializing of the effects of 1  stimulus measures and progressing of global adjustments in IT-related goods. Their growth rates are likely to start increasing in the latter half of 2019.
17  For more details, see Fischer (2014). 18  Mortgages in Israel are not nonrecourse loans; in the event of nonpayment, the lender can seek to attach other assets of the borrower in addition to the house itself.