By KEVIN CARMICHAEL, Toronto Globe and Mail

The acceleration of the U.S. dollar's decline in recent days is creating anxiety for exporters in Canada, Europe and Japan. But in the search to create a post-crisis economy that's less prone to financial catastrophe, the U.S. dollar's decline is widely accepted as a necessary ingredient.

The International Monetary Fund is proposing that governments guard against a deepening of the financial crisis by providing insurance against "extreme" recessions.