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Moral hazard : does IMF financing encourage imprudence by borrowers and lenders?

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서명/저자사항Moral hazard : does IMF financing encourage imprudence by borrowers and lenders?/ Timothy Lane, Steven Phillips.
개인저자Lane, Timothy D.(Timothy David), 1955- author.
Phillips, Steven,1961- author,
단체저자명International Monetary Fund. External Relations Department.
International Monetary Fund,issuing body.
형태사항1 online resource (v, 15 pages): illustrations.
총서사항Economic issues,1020-5098; 28
기타형태 저록Print version: Lane, Timothy D. (Timothy David), 1955- Moral hazard. Washington, D.C. : International Monetary Fund, 2002 1589060881
ISBN9781451935219
1451935218


일반주기 "This Economic Issue is based on IMF Working Paper WP/00/168, 'Does IMF financing result in moral hazard?', October 2000"--Page iii.
이용제한사항Use copy
요약"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 and debtors to take risks of such crises - is, in principle, an unavoidable consequence. But the key question, rather than a matter of presence or absence, is the degree of moral hazard. The most basic evidence, even in the case of countries that are supposed to be too big to fail, refutes the most extreme hypothesis - that investors believe they have a full guarantee from the IMF in the event of a financial crisis."--Preface.
복제주기Electronic reproduction. [S.l.] : HathiTrust Digital Library, 2010.
시스템주기Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.
주제명(단체명)International Monetary Fund --Evaluation.
International Monetary Fund.
International Monetary Fund.
주제명(지명)Developing countries. --fast
일반주제명Economic assistance --Developing countries.
Debts, External --Developing countries.
Loans, Foreign --Developing countries.
Country risk --Developing countries.
Moral hazard --Developing countries.
Aide au d?veloppement ?conomique r?gional.
Dettes ext?rieures --Pays en voie de d?veloppement.
Pr?ts ?trangers --Pays en voie de d?veloppement.
Risque pays.
BUSINESS & ECONOMICS --Development --Business Development.
BUSINESS & ECONOMICS --Development --Economic Development.
BUSINESS & ECONOMICS --Development --General.
BUSINESS & ECONOMICS --Government & Business.
BUSINESS & ECONOMICS --Structural Adjustment.
POLITICAL SCIENCE --Public Policy --Economic Policy.
Evaluation.
Country risk.
Debts, External.
Economic assistance.
Loans, Foreign.
Moral hazard.
Buitenlandse schulden.
Ethiek.
Kredietverlening.
IMF.
언어Available also in Arabic, Chinese, French, Russian, Spanish.
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