Moral Hazard Does Imf Financing Encourage Imprudence by Borrowers and Lenders? |
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Author:
| Phillips, Steven Lane, Timothy D. |
Series title: | Economic Issues Ser. |
ISBN: | 978-1-4519-3521-9 |
Publication Date: | May 2002 |
Publisher: | International Monetary Fund
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Book Format: | Ebook |
List Price: | Contact Supplier contact
Contact Supplier contact
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Book Description:
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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.
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.