MacroScan - Fiscal Policy and Global Growth

Table 2: The Stimulus and Growth in 2009
	Decline in	GDP	GDP
	Cash Balance to GDP	Growth	Growth
	2007 to 2009	2008	2009
	(Percentage pts)
Iceland	-15.5	12.9	1.5
Singapore	-13.7	3.0	-3.3
Chile	-13.5	3.9	2.7
Russian Federation	-10.4	24.6	-5.4
United States	-9.2	2.6	-1.3