IMF: Global economic crisis requires a global solution

The global economic crisis requires a global solution, and fixing what ails the world’s banks will take time, says the head of the International Monetary Fund. A recovery should begin in the middle of next year, but that depends on the right policies being implemented, Dominique Strauss-Kahn tells NPR in an interview.

Well, it depends on what you call an end. We see the beginning of the recovery in the mid of 2010, providing that the right policies are implemented. Part of them are implemented so far, but some others things have to be done, and it takes time.” Dominique Strauss-Kahn

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