Analysts dub IMF commitments to Asia redundant


Analysts have dismissed IMF commitments to improve its surveillance of the East Asian region.

At a press conference in Daejeon, South Korea on Tuesday, Dominique Strauss-Kahn, the managing director of the IMF, announced commitments to Asian economies, which he labeled the "Daejeon Deliverables", to strengthen the IMF's partnership with countries in the region. Strauss-Kahn acknowledged that the IMF's relationship with Asia had been damaged during the 1997-98 Asian crisis, but said the IMF had "c

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