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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