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Interventionism
David Howden
Philipp Bagus

The IMF and Moral Hazard

Mises Daily

Author: Philipp Bagus David Howden

Online Publish Date: June 3, 2011

Category: Interventionism, Other Schools of Thought, Global Economy

The late 1990s saw a strengthening of the International Monetary Fund’s core mandate as a global financial parent on the lookout for perceived instabilities to correct in the name of economic development. Several alterations in the scope of its operations following the crises of the previous 20 years had given the Fund a far wider range of policy

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