“IMF is facing a more complex world”

French President Nicolas Sarkozy (right) received IMF managing director elect, Dominique Strauss-Kahn.

The IMF managing director elect, Dominique Strauss-Kahn, stated that "the Fund can no longer play the role of the police, lending money to countries in trouble and imposing really strict rules." He repeated his intention to change the system of representation within IMF.