IMF’s Strauss Kahn: Face problem that some may think worst of crisis over, so urge to make changes fades
- Need to support growth is still absolutely necessary
- US economy could go in either direction, consequence for world huge
- Need to look at debt situation of many countries
- Not sure if some moving fast enough on debt
- Linkages in global economy mean even small country problems could have large impact, Greece support was right thing to do
- Greece is doing what it needs to do
- No way in medium term to rebalance without having important changes in value of some developing country currencies
- Still alot to do on improving supervision, crisis resolution plans
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