The 2008-09 global financial crisis and recession exposed Sri Lanka's economic vulnerabilities and nearly caused a balance of payments crisis.

FORBES: Sri Lanka

In 1991 the Indian government sold similar bonds to expatriates to claw its way out of a balance-of-payments crisis.

ECONOMIST: Indian bonds

The euro zone is showing the symptoms of an internal balance-of-payments crisis, with self-fulfilling runs on countries, because at bottom that is the nature of its troubles.

ECONOMIST: The euro

After 1991, when a balance-of-payments crisis led India to deregulate, the central bank rediscovered its spine.

ECONOMIST: The Reserve Bank of India

Likewise, India has not run into big financial trouble since a balance-of-payments crisis in 1991.

ECONOMIST: Indian financial reform

That led to a balance-of-payments crisis 21 years ago which forced India to change.

ECONOMIST: India

Printing money would worsen inflation, debauch the currency and bring a balance-of-payments crisis.

ECONOMIST: Pakistan��s new president