Banks say cutting the mortgage debt of foreclosed families into something more bearable creates issues of moral hazard — that people will default to get a better deal.
The results of this paper thus indicate an important potential mechanism that has been under-explored: the role of political institutions in facilitating issues of moral hazard and adverse selection in insurance, tax and public welfare provisions.
Resolving the long-standing issues of traditional hazards in tandem with tackling emerging MEHH issues is necessary to successfully alleviate the burden of avoidable ill health and premature death for all of Africa's communities.
In Catastrophe in the Making: The Engineering of Katrina and the Disasters of Tomorrow, William R. Freudenburg, Robert Gramling, Shirley Laska, and Kai T. Erikson outline the very timely and pressing issues of moral hazards and adverse selection that unwise development practices have brought upon ourselves.
That brings up the issue of "moral hazard".
The issue of moral hazard also cannot be ignored.
That is the final parallel that exists between the housing market and Wall Street: the issue of moral hazard.
We should, even so, recognise that the lure of isolation from the international system will increase unless market turbulence settles.Next is the issue of moral hazard.
It avoids the issue of moral hazard, whereby the E.C.B. buys a bucketload of government debt and the governments do not deliver on reform".
Paul O'Neill, the treasury secretary, made clear during his confirmation hearings that he had serious doubts about the wisdom of rescuing Russia in the late summer of 1998.A chief concern of those who want to rein in the IMF is the issue of moral hazard.
And if you write off debt owed to official creditors, they will demand a price, in terms of austerity; that price will cause short-term damage to the economy and will be resented by the electorate.The problem is tied up with the issue of moral hazard.
