Moral Hazard : Does IMF Financing Encourage Imprudence by Borrowers and Lenders?

Does IMF Financing Encourage Imprudence by Borrowers and Lenders?

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. READ MORE...

Publication date: May 2002
ISBN 9781589060883
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