'Beware Complacency,' IMF Chief Warns World Not Out of Crisis

Strauss-Kahn said that recent events in North Africa illustrated that economic recovery without jobs was meaningless (photo: IMF) The head of the IMF, Dominique Strauss-Kahn has said the world is recovering from the global economic downturn but "it was not the recovery we want." At the start of the annual IMF-World Bank Spring Meetings in Washington DC, Strauss-Kahn called for urgent action on the challenges confronting future growth, including rising food and fuel prices and high unemployment.