Does IMF Financing Result in Moral Hazard?

Does IMF Financing Result in Moral Hazard?
The view that the IMF's financial support gives rise to moral hazard has become increasingly prominent in policy discussions, particularly following the 1995 Mexican crisis. This paper seeks to clarify a number of conceptual issues and bring some basic empirical evidence to bear on this hypothesis. While some element of moral hazard is a logical... READ MORE...

Publication date: October 2000
ISBN 9781451858259
$15.00

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