Moral Hazard: Does IMF Financing Encourage Imprudence by Borrowers and Lenders?
May 3, 2002
Summary
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.
Subject: Emerging and frontier financial markets, Financial crises, Financial institutions, Financial markets, Financial sector policy and analysis, Financial services, Moral hazard, Systemically important financial institutions, Yield curve
Keywords: Asia and Pacific, EI, Emerging and frontier financial markets, financial support, financing, financing package, IMF action, IMF guarantee, IMF press, investor, lending, liquidity position, market, Moral hazard, Systemically important financial institutions, yield, Yield curve
Pages:
20
Volume:
2002
DOI:
Issue:
003
Series:
Economic Issues No. 2002/003
Stock No:
EIIEA028
ISBN:
9781589060883
ISSN:
1020-5098





