You may find a recent post on Dani Rodrik's blog to have use-value: it was called "Getting the Global Stimulus Numbers Right." According to Sameer Khatiwada of the ILO, the global fiscal stimulus will be USD 1.958 trillion or 3.16% of world GDP. Their calculation seems to have been based on the thirty countries that had announced stimulus packages as of early March 2009. Khatiwada documents, for example, that the German stimulus is Euro 82 billions, of which Euro 18 billions would be for infrastructure, Euro 9 billions for income tax cuts, Euro 9 billions for reductions in health care contributions, a Euro 2,500 payment for buyers of low-emissions cars, and a Euro 100 payment per child.
http://rodrik.typepad.com/dani_rodriks_weblog/2009/03/getting-the-global-stimulus-numbers-right.html
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> From: Doug Henwood <dhenwood at panix.com>
> Subject: [lbo-talk] global stimulus: "colossal"
> To: lbo-talk <lbo-talk at lbo-talk.org>
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> Ed Hyman, Wall Street's favorite economist, has been keeping tabs on
> global stimulus programs. In today's review, he says the latest round
> - over $200 billion from Japan, and a $27 billion fund to buy
> distressed corporate bonds in Korea (the equivalent of about $500
> billion in the U.S., GDP-wise), plus a number of deep central bank
> interest rate cuts - brings the global total from the "massive" to the
> "truly colossal."
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