The tendency of an economic crisis to spread from one market to another In 1997, financial instability in Thailand caused high volatility in its domestic currency, the Baht, which triggered a contagion into other East Asian emerging currencies, and then to Latin America It is now referred to as the Asian Contagion
Disturbances in financial markets in one country or region triggering off a financial crisis in other countries and regions
the communication of an attitude or emotional state among a number of people; "a contagion of mirth"; "the infection of his enthusiasm for poetry"
the process of catching something, like a virus, but used in an economic sense, where the troubles of one economy spill over to another as investor confidence takes fright
the communication of an attitude or emotional state among a number of people; "a contagion of mirth"; "the infection of his enthusiasm for poetry
The act or means of communicating any influence to the mind or heart; as, the contagion of enthusiasm
That which serves as a medium or agency to transmit disease; a virus produced by, or exhalation proceeding from, a diseased person, and capable of reproducing the disease