Cuts in public spending have a "human cost," IMF's Strauss-Kahn says, exhorting governments to...

|By:, SA News Editor

Cuts in public spending have a "human cost," IMF's Strauss-Kahn says, exhorting governments to find ways to boost employment to prevent a generation of workers from losing skills. A welcome surprise, Paul Krugman says, to see such sanity in the midst of the "madness that has overtaken so many international institutions." (IMF report)