Up to 2% of the world's income, or $1.2T, should be spent reviving the global economy, IMF head...

|By:, SA News Editor

Up to 2% of the world's income, or $1.2T, should be spent reviving the global economy, IMF head Dominique Strauss-Kahn says, calling for "massive" and coordinated use of budgetary policy to overcome the crisis.