Thanks to a well-regulated banking system and tighter public finances, Argentine officials are confident they can survive the current turbulence.

ECONOMIST: Latin America seeks shelter

But what would a well-regulated financial system have done with the money?

ECONOMIST: Global economic imbalances

True, that was mainly because of Asian demand for Canada's natural resources, as well as the strong fiscal position and well-regulated banking system Mr Harper inherited from the Liberals.

ECONOMIST: Canada's general election