Moral Hazard : Does IMF Financing Encourage Imprudence by Borrowers and Lenders? /

Examines the issue of moral hazard inrelation to IMF loans to countries in financial difficulties. Concerns about moral hazard have had a prominent place in recent discussions on how the architecture of the international financial system should be reformed and what the IMF's role should be.

Detalhes bibliográficos
Autor principal: Phillips, Steven
Outros Autores: Lane, Timothy
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2003.
Colecção:Economic Issues; Economic Issues ; No. 2002/003
Acesso em linha:Full text available on IMF