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.

Détails bibliographiques
Auteur principal: Phillips, Steven
Autres auteurs: Lane, Timothy
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2003.
Collection:Economic Issues; Economic Issues ; No. 2002/003
Accès en ligne:Full text available on IMF