id	author	title	date	pages	extension	mime	words	sentence	flesch	summary	cache	txt
ajpdis-1168	Kurbanov Ravshan Ulmasovich; Rayimov Maruf Abdurashidovich	REGULATION OF FINANCE AND FINANCIAL STABILITY AND ITS SIGNIFICANT ASPECTS	2023	4	.htm	application/pdf	2209	109	44	Since higher interest rates tend to reduce the average quality of loans through adverse selection (lending to high-risk borrowers willing to pay high interest rates) and moral hazard (inducing good borrowers to invest in riskier projects), the expected rate of return net of default will decline once the loan rate has reached a certain level. The intense competition that banks in many developing countries face from unregulated financial markets can also lead to higher interest rates and greater risk-taking.	cache/ajpdis-1168.htm	txt/ajpdis-1168.txt