The self-insurance against financial fragility is part of a more general bent towards precautionary saving in the developing world.

ECONOMIST: Global economic imbalances

The tigers' high investment rates powered growth for a while, but they also fostered a financial fragility that was cruelly exposed when exports slowed, investment faltered and foreign capital fled.

ECONOMIST: Resilient China

What the author could not have anticipated was that today's frictions include not just the protectionism, resentment of immigrants, financial fragility and overburdened polities of the late 19th century, but the prospect of war as well.

ECONOMIST: Lessons from the Great Depression

The economic crisis has revealed the fragility of its financial system.

ECONOMIST: Lexington

The deepest financial crisis in a century has exposed the fragility of a monetary union without a fiscal and economic union.

ECONOMIST: Charlemagne