Does IMF Financing Result in Moral Hazard? /

The view that the IMF's financial support gives rise to moral hazard has become increasingly prominent in policy discussions, particularly following the 1995 Mexican crisis. This paper seeks to clarify a number of conceptual issues and bring some basic empirical evidence to bear on this hypothe...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Phillips, Steven
Weitere Verfasser: Lane, Timothy
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2000.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2000/168
Online Zugang:Full text available on IMF