Freedom from financial fear: Emerging markets have become more resilient

Oct 05, 2017
Print section Print Rubric:  Emerging markets have acquired more room for manoeuvre Print Headline:  Freedom from financial fear Print Fly Title:  Macroeconomic resilience UK Only Article:  standard article Issue:  Out of the traps Fly Title:  Freedom from financial fear Main image:  20171007_SRD003_0.jpg IN WALKING A middle path, between self-indulgence and self-mortification, Buddhists face great temptations. This struggle for self-control animates many of their paintings, including “Star’s Seed” by the Thai artist Thawan Duchanee. The painting depicts a muscular man with the mandibles of a rhinoceros beetle—beastly appendages that symbolise man’s base cravings. Only by shedding these cravings, Buddhists believe, can man be free from fear. The painting hangs on a wall in the Bank of Thailand, which faces its own temptations and fears. Like any central bank, it ...

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