At least one country is responding to the financial crisis by moving to the right, not the left. New Zealand voters have just ousted the longstanding Labor regime and elected a government led by the conservative National Party; the free-market ACT party will be part of the governing coalition. Which is not to say the new administration will always pursue pro-market policies. The London Times reports that Prime Minister-elect John Key, a wealthy former currency trader, is "expected to implement tax cuts and extra spending." A Bushian/Keynesian combination.
I was tickled at how the Times explained the concept of "New Zealand" to its readers:
John Key’s conservative National Party easily won power in New Zelaland, known internationally for its pristine environment and as the backdrop to the “Lord of the Rings" movies.