IMF chief Dominique Strauss-Kahn warns the exit mechanism must be cautious

Source: Internet
Author: User
Keywords International Monetary Fund
Tags economic economic recovery economic stimulus exit exit mechanism high international monetary outlook
Davos, Switzerland, January 30 (Xinhua Chen Wenxian Liu Guoyuan) International Monetary Fund president Dominique Strauss-Kahn issued a warning here 30th that governments must be cautious in withdrawing economic stimulus measures. "If we quit too late, public-sector debt would be high and if we quit too early, we would be at risk of a double-dip recession," he said at a seminar on the day entitled "The Global Economic outlook".  "He thinks the Double-dip recession is less likely," but there is such a risk. Mr Strauss-Kahn said the global economic recovery and growth had been better than expected, but to a large extent it had been achieved by injecting large sums of money into the market.  He also noted that the pace of recovery and growth across countries was very different, with Asia and other emerging countries leading the global economic recovery, while the US and Europe were behind. President Obama's chief economic adviser, Summers, said: "What we see in the US and other countries is a statistical recovery, and while the measures we have taken to curb the economic collapse are more successful and will grow steadily in the next few quarters, high unemployment could disrupt that growth." ”
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