Economics for Business and Management: Global Banking System and the Monetary and Fiscal Policies of Governments

The problems in the global banking system have affected most major economies of the world. In response, governments have introduced monetary and fiscal policies to try to improve the situation. With reference to a country of your choice:

a)    Examine how the government of that country has adjusted its monetary and fiscal policy in response to the world downturn. Explain the reasoning behind these adjustments. 

Indicate the problems which are created for the government's finances as a result of it seeking to avoid an even deeper recession. What solutions might you recommend?