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.

Bibliografiske detaljer
Hovedforfatter: Phillips, Steven
Andre forfattere: Lane, Timothy
Format: Tidsskrift
Sprog:English
Udgivet: Washington, D.C. : International Monetary Fund, 2003.
Serier:Economic Issues; Economic Issues ; No. 2002/003
Online adgang:Full text available on IMF