TITLE

Global Cash splash

AUTHOR(S)
Chinnery, Kevin
PUB. DATE
February 2009
SOURCE
BRW;2/19/2009, Vol. 31 Issue 7, p9
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the emergence of stimulus packages as governments around the world find solutions to the fill the gap in the global economy left by declining public borrowing and spending. J.P. Morgan Chase & Co. said that th passage of the U.S. $787 billion stimulus package takes the value of governmental stimulus programs worldwide up to 1.7% of global gross domestic product (GDP). Meanwhile, Australia's $42 billion package is worth 4.9% of GDP.
ACCESSION #
37145596

 

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