China's economy is protected by its current-account surplus and vast reserves, but its banking system would be hurt by an abrupt withdrawal.

ECONOMIST: Capital inflows to China

This government took a country with excellent fiscal finances, a surplus in fiscal accounts, and a banking system that was in excellent health.

FORBES: There's Something Very Strange About The Cyprus Bank Haircut. Very Strange Indeed

The mood only began to change once the crisis hit Spain, a country that had previously had a budget surplus, low debt and an admired banking regulator.

ECONOMIST: Charlemagne

Guillermo Perry, the World Bank's chief economist for Latin America, says Chile is better placed than any other country in the region to absorb external shocks, thanks to its well organised budgetary institutions, prudent fiscal management (a surplus every year since 1989) and tight banking supervision.

ECONOMIST: Chile