Sunday, Jan. 25, 2009

United Kingdom

In November, Prime Minister Gordon Brown led the way with a £ 20 billion ($28 billion) stimulus package of tax cuts and spending plans. In December, German Finance Minister Peer Steinbrück made headlines criticizing the British approach as "crass Keynesianism," but with the U.K. economy in a deep funk it's now looking as if — at 1% of GDP — it won't be nearly enough.

See pictures of London's financial crisis.