Asia should build on its status as an economic powerhouse by adopting macroprudential policies, Dominique Strauss-Kahn, the managing director of the IMF, said on Monday.
Speaking at a conference attended by central bankers in Shanghai, Strauss-Kahn said countries like China should play a more prominent role in global macroprudential policymaking. "Asia is leading the global recovery and is moving swiftly back toward normal policy conditions. Capital flows are flooding in. We do not want history