n-tey-juh
n]
| 1. | the communication of disease by direct or indirect contact. |
| 2. | a disease so communicated. |
| 3. | the medium by which a contagious disease is transmitted. |
| 4. | harmful or undesirable contact or influence. |
| 5. | the ready transmission or spread as of an idea or emotion from person to person: a contagion of fear. |
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 Commentary
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 Links
What Is An Emerging Market Economy?
Investing Beyond Your Borders
See also: Association of Southeast Asian Nations - ASEAN, Boom, Country Risk, Tiger Economy, Trade
contagion con·ta·gion (kən-tā'jən)
n.
Disease transmission by direct or indirect contact.
A disease that is or may be transmitted by direct or indirect contact; a contagious disease.
See contagium.
contagion (kən-tā'jən) Pronunciation Key
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