Tuesday - July 8, 2025
Inter-American Development Bank: 'Reviving Joint Liability Contracts: A Symmetric Joint Liability Loans and Moral Hazard'
July 06, 2025
WASHINGTON, July 6 (TNSLrpt) -- The Inter-American Development Bank issued the following white paper (No. IDB-WP-1722) in June 2025 entitled "Reviving Joint Liability Contracts: A symmetric Joint Liability Loans and Moral Hazard". The white paper was written by Francesco Carli, Francesco Cecchi, Manuela Fritz, Robert Lensink and Burak Uras.

Here are excerpts:

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Abstract

Joint liability loans are used in various settings, including . . .

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