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Moral Hazard of Ukraine’s External Debt Increase under Economy Dollarization

Journal: The Journal of International Economic Policy (Vol.1, No. 16)

Publication Date:

Authors : ; ;

Page : 83-106

Keywords : Moral hazard; international debt; dollarization; volatility; debt rating; devaluation expectations; neoinstitutionalism; currency substitution.;

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Abstract

The article provides overview of Ukraine's international debt currency structure, urgency thereof as well as mutual interaction with internal dollarization processes in the country. Determinative analysis of ?moral hazard? definition has been conducted.

Last modified: 2014-11-20 23:00:18