A Theory of International Crisis Lending and IMF Conditionality /
We present a framework that clarifies the financial role of the IMF, the rationale for conditionality, and the conditions under which IMF-induced moral hazard can arise. In the model, traditional conditionality commits country authorities to undertake crisis resolution efforts, facilitating the retu...
প্রধান লেখক: | |
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অন্যান্য লেখক: | , |
বিন্যাস: | পত্রিকা |
ভাষা: | English |
প্রকাশিত: |
Washington, D.C. :
International Monetary Fund,
2008.
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মালা: | IMF Working Papers; Working Paper ;
No. 2008/236 |
অনলাইন ব্যবহার করুন: | Full text available on IMF |