Moral Hazard

Does IMF Financing Encourage Imprudence by Borrowers and Lenders?

Moral Hazard
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. READ MORE...

Publication date: May 2002
ISBN 9781589060883
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