In 1987 it threatened to cut the flow off, and in 1990 it did so, for a month, to allow the lake behind its giant Ataturk Dam to fill up.

ECONOMIST: A new and bitter brew in the Middle East | The

In actuality, conversion was a good idea for only a select few clients whose circumstances, age and available cash flow, made it a winner and those who did slid safely under the tag.

FORBES: How to Run the Bases of Tax Planning

One is that capital could suddenly flow out, as it did from other East Asian countries during the financial crisis a decade ago and Vietnam this year.

ECONOMIST: Capital inflows to China