Strauss-Kahn: Beware the recovery

IMF maganing director Dominique Strauss-Kahn, who is currently giving a preview of this week’s G-20 meeting, echoes his organizations forcasts by predicting a return to global economic growth in the first half of 2010. But — noting the lag between economic recovery and improved employment — he stresses that it doesn’t mean things are getting ...

By , a former associate editor at Foreign Policy.

IMF maganing director Dominique Strauss-Kahn, who is currently giving a preview of this week's G-20 meeting, echoes his organizations forcasts by predicting a return to global economic growth in the first half of 2010. But -- noting the lag between economic recovery and improved employment -- he stresses that it doesn't mean things are getting better for everyone.

IMF maganing director Dominique Strauss-Kahn, who is currently giving a preview of this week’s G-20 meeting, echoes his organizations forcasts by predicting a return to global economic growth in the first half of 2010. But — noting the lag between economic recovery and improved employment — he stresses that it doesn’t mean things are getting better for everyone.

If you look at somebody who’s going to lose his job in november this crisis isn’t behind him, it’s right in front of him.

Strauss-Kahn also worries that the improving GDP numbers will make it harder to get world leaders to make the kind of agrements that are necessary for future growth:

It is much easier to have concensus when people are scared as they were [soon after the crash.] We have to work to have the concensus going on.

Joshua Keating was an associate editor at Foreign Policy. Twitter: @joshuakeating

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