Moral hazard does IMF financing encourage imprudence by borrowers and lenders? /
"The argument that IMF financing creates moral hazard cannot be lightly dismissed. From the outset, this pamphlet recognizes that, to the extent IMF-supported programs try to contain the total economic costs of financial crises, some element of moral hazard - a greater willingness of creditors...
|Published:||[Washington, D.C.] : International Monetary Fund, 2002.|
|Series:||Economic issues (International Monetary Fund) ;
|Online Access:||E book Academic (EBSCO) Available to Current GSU Faculty, Staff and Students|
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