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

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Author/Editor: Steven T Phillips, Timothy D Lane
Release Date: © May, 2002
ISBN : 978-1-58906-088-3
Stock #: EIIEA028
Stock Status: Available

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Description

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.




More publications in this series: Economic Issues


More publications by: Steven T Phillips ; Timothy D Lane