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IMF Will Increase 'Surveillance' of World Economy

In remarks at the International Monetary Fund after the G-20 summit, International Monetary Fund head Dominique Strauss-Kahn said the IMF will begin keeping a closer eye on world economies as a way of trying to spy trouble before it happens.

"Our role in surveillance is a role which will certainly increase," Strauss-Kahn said.

He said the IMF will look for the "early warnings" that are "absolutely necessary" to attempt to forecast and avoid future global meltdowns.

Strauss-Kahn said his agency will ask: "What are the possible linkages from one country to another? What is the possible spillover?"

-- Frank Ahrens

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By Frank Ahrens  |  November 15, 2008; 4:48 PM ET
Categories:  The Ticker  
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