FINANCIAL CONTAGION
\fa͡ɪnˈanʃə͡l kəntˈe͡ɪd͡ʒən], \faɪnˈanʃəl kəntˈeɪdʒən], \f_aɪ_n_ˈa_n_ʃ_əl k_ə_n_t_ˈeɪ_dʒ_ə_n]\
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When a faltering economy in one country makes other economies have problems as well. It happens to nieghboring regions. It is a big problem in a troubled economy for business partners. Refer to currency crisis, financial crisis, and economic crisis.
By Henry Campbell Black
