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And Britain is far from alone in shifting from stimulus to deficit-reduction.
When other countries with big deficits shifted from stimulus to austerity, the results were disappointing.
Draghi said the risk of negative side effects from stimulus was low.
Within a couple years, America, Britain and Europe had all pivoted from stimulus to austerity.
He should not hold back from stimulus packages to help America out of recession.
The Obama administration started the process, committing $1.1 billion from stimulus funds to finance comparative studies.
Several factors have helped, from stimulus packages to renewed investor confidence to inevitable swings in consumers' behaviour.
More people came into the government's orbit, seeking assistance or benefiting from stimulus money, including much of the automobile industry.
Takahide Kiuchi, senior economist at Nomura Securities in Tokyo, said he expected the downturn to last until late 2010, with some respite next year from stimulus measures.
Other members of the Group of 20 trail well behind in their percentages of such investment from stimulus money, the U.N. agency found.
For now, the department is estimating government contributions at slightly more than $1 billion, with most of that coming from stimulus money designated for advancing clean coal technologies.
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