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This year the bulk of the government's stimulus is going into infrastructure, further swelling investment's share.
She noted that for now, much of the money is going into infrastructure, including the development of Web sites; it's going to businesses serving other businesses.
But the capital is going into infrastructure assets available today around the world, and not waiting for projects the U.S., the public sector, may sponsor in the future".
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Three-fifths of new lending this year went into infrastructure projects.
As for overcapacity, most of last year's investment boom went into infrastructure, not manufacturing.
Much has gone into infrastructure, which ought to improve the rate of productivity growth.
The tragedy would be if the investment that has gone into infrastructure over the last 15 years were wasted because of insufficient funding to make the infrastructure work.
"This is not subsidising a private company," Brown said, adding that the £20m would go into infrastructure and Network Rail would be the custodian.
Unlike the Greeks, the Irish made good use of the EU aid that flowed into their country, ensuring that it was well-administered and went into infrastructure projects of lasting value.
The Obama team has not yet revealed details of the president-elect's soon-to-be-announced recovery plan other than to indicate that most of the package will probably go into infrastructure spending rather than tax breaks.
A Freedom of Information Act request by the Associated Press revealed that a little over 10 percent of the funds released had gone into infrastructure investment and over $300 million had been spent on projects begun prior to the quake HIV/AIDS mitigation prominent among them because their frameworks were already in place.
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