regional contagion risks

Language: en

📖 Definitions

  1. The probability that a financial crisis or economic instability originating in one country or sector within a specific geographic area will spread to other countries or sectors in that same region, causing systemic damage.; The likelihood that an infectious disease outbreak occurring in one location within a geographic area will spread to other locations within that same region.

💬 Examples

  1. Investors are closely monitoring regional contagion risks following the sudden collapse of a major banking institution in Southeast Asia.

  2. Public health officials implemented strict border controls to mitigate regional contagion risks associated with the emerging viral strain.