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.

Dettagli Bibliografici
Autore principale: Phillips, Steven
Altri autori: Lane, Timothy
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2003.
Serie:Economic Issues; Economic Issues ; No. 2002/003
Accesso online:Full text available on IMF