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.

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Bibliographische Detailangaben
Hauptverfasser:	Lane, Timothy D, Phillips, Steven T
Format:	Buch
Sprache:	eng
Schlagworte:	Economics Ethics Finance IMF International finance Internationaler Kredit Loans Moral Hazard Theorie
Online-Zugang:	Volltext
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Beschreibung
Zusammenfassung:	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.