| Description |
1 online resource (v, 15 pages) : illustrations. |
| Physical Medium |
polychrome |
| Description |
text file |
| Series |
Economic issues,
1020-5098 ;
28
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Economic issues (International Monetary Fund) ; 28.
|
| Note |
"This Economic Issue is based on IMF Working Paper WP/00/168, 'Does IMF financing result in moral hazard?', October 2000"--Page iii. |
| Summary |
"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. |
| Access |
Use copy Restrictions unspecified MiAaHDL |
| Reproduction |
Electronic reproduction. [S.l.] : HathiTrust Digital Library, 2010. MiAaHDL |
| System Details |
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 MiAaHDL |
| Processing Action |
digitized 2010 HathiTrust Digital Library committed to preserve MiAaHDL |
| Local Note |
eBooks on EBSCOhost EBSCO eBook Subscription Academic Collection - North America |
| Language |
Available also in Arabic, Chinese, French, Russian, Spanish. |
| Subject |
International Monetary Fund -- Evaluation.
|
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International Monetary Fund. |
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Evaluation. |
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International Monetary Fund. |
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Economic assistance -- Developing countries.
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Economic assistance. |
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Developing countries. |
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Debts, External -- Developing countries.
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Debts, External. |
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Loans, Foreign -- Developing countries.
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Loans, Foreign. |
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Country risk -- Developing countries.
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Country risk. |
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Moral hazard -- Developing countries.
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Moral hazard. |
| Genre/Form |
Electronic books.
|
| Added Author |
Phillips, Steven, 1961- author.
|
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International Monetary Fund. External Relations Department.
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International Monetary Fund, issuing body.
|
| Added Title |
Does IMF financing encourage imprudence by borrowers and lenders? |
| Other Form: |
Print version: Lane, Timothy D. (Timothy David), 1955- Moral hazard. Washington, D.C. : International Monetary Fund, 2002 1589060881 (DLC) 2002510926 (OCoLC)49835125 |
| ISBN |
9781451935219 (electronic book) |
|
1451935218 (electronic book) |
|
1589060881 |
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9781589060883 |
|
