Contagion
The likelihood of significant economic changes in one country spreading to other countries. This can refer to either economic booms or economic crises.

Investopedia Says:
An infamous example is the "Asian Contagion" that occurred in 1997 and started in Thailand. The economic crisis in Thailand spread to bordering southeast Asian countries and then eventually spilled over to Latin America.

Related Terms:
Association of Southeast Asian Nations - ASEAN
Boom
Country Risk
Tiger Economy
Trade

• Accommodation Trading
• Accommodative Monetary Policy
• Accordion Feature
• Account
• Accountable Plan
• Accountant
• Accountant's Opinion
• Account Balance
• Accounting
• Accounting Earnings
• Accounting Insolvency
• Accounting Method
• Accounting Noise
• Accounting Period
• Accounting Profit
• Accounting Rate of Return (ARR)
• Accounting Rate of Return (ARR)
• Account Settlement
• Accounts Payable (AP)
• Accounts Payable (AP)
• Accounts Payable Turnover Ratio
• Accounts Receivable (AR)
• Accounts Receivable (AR)
• Accounts Receivable Financing
• Accredited Investor