The features of the policy strategies pursued, the precise design, magnitude, and implementation modalities of the relevant policies need not be identical across countries or economic areas, for instance, on both sides of the Atlantic, or – for that matter – on the two sides of the English channel.
Some differences in size or scope are warranted by different economic and financial conditions as well as by different institutional structures. Having said that, the general orientation and the overall strategy of the policies being pursued have been similar in all major economies.