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Contagion in sentence

364 examples of Contagion in a sentence

To surmount the associated political hurdles, eurozone leaders must create a limited “fiscal capacity,” which should act as a “common but limited shock-absorption function” that would “contribute to cushioning the impact of country-specific shocks and help to prevent contagion across the euro area and beyond.”
In 2011, the government, fearing contagion from Tunisia and Egypt, where long-established dictatorships had just been toppled, responded to the spread of protests by public-sector workers by raising their salaries by 100% – retroactively to 2008.
A fully capable regional financial safety net could contain the contagion of financial shocks emanating from individual economies and prevent disruptions to the region’s key growth drivers – intra-regional trade and investment.
Other economies will also be pulled down as the US contagion spreads.
Anger at these profits and bonuses only tends to increase the contagion of the story.
ROME – The euro contagion triggered by Greece’s sovereign-debt crisis has now infected Italy.
In the absence of a strong and credible EU-wide commitment to stop the contagion, other eurozone countries hit by the sovereign-debt crisis have been following a similar script.
Finally, government bonds issued by the eurozone’s other deficit countries would have to be protected from contagion.
For starters, Chinese officials should be under no illusion that the country will be immune to financial contagion.
Should contagion prove to be limited, with Greece the only casualty, the drop in eurozone output may be severe, but not catastrophic.
Today’s Asian contagion is of that kind, but is overdone in the cases of Malaysia and Indonesia, though not of the Philippines.
And, while some contagion will be unavoidable – whatever happens to Greece is likely to spread to Portugal, and Ireland’s financial position, too, could become unsustainable – the rest of the eurozone needs to be ring-fenced.
With the emerging-market economies still structurally subject to short-term risks of contagion, it is usually just a matter of time until a few countries’ problems result in a tightening of financial conditions for the asset class as a whole.
But the risk-sharing inherent to Islamic finance made such instruments more resistant to the first round of financial contagion that hit in 2008.
They therefore have strong incentives to evaluate financing requests carefully, and to assist borrowers in bad times, thus reducing the pressure to sell assets at “fire-sale” prices and minimizing the likelihood of financial contagion.
Indeed, while less ominous and dramatic than financial contagion, trade spillovers profoundly influence global growth prospects.
If asset-price bubbles develop, balance sheets may look sound individually, but the entire network of interlinked asset-liability structures will become increasingly dependent on overvalued collateral, and thus vulnerable to financial contagion.
There is bound to be some contagion from one function to another.
If a crisis does occur, the ESM’s resources could perhaps be used to prevent contagion within the eurozone financial system, rather than to provide loans to countries with deep-seated domestic problems.
Japan escaped contagion, even serving as a haven from financial turmoil elsewhere in Asia, owing to its large reserves and stable currency.
(It would be ironic if such an attack led to contagion and financial crisis in other Asian countries.)
Representatives of overly indebted countries, and of countries whose banks are strongly exposed as creditors, argue that haircuts would destabilize the European financial system, generating contagion effects tantamount to a second Lehman Brothers crisis.
They believe that the fallout can be contained without panic or contagion.
Even if they refuse to be drawn in, they face an influx of refugees and other forms of contagion.
Ireland has thrown Europe into its second sovereign-debt crisis this year, and capital markets have become schizophrenic, with investment rushing back and forth across the Atlantic in response to contagion risk in Europe and quantitative easing in the United States.
Success is by no means assured, and the most likely outcome is a sequence of contagion events and a broader loss of confidence in the euro.
At present, when the rich part of the world catches an economic cold, the poorer countries face a double contagion: Their trade earnings plummet, and flows of aid and investment from richer countries dries up.
A strong fiscal framework is indispensable to achieve this, and protects countries from contagion.
Other countries’ governments, it seems, have been trying to distance themselves from the problem, fearing a contagion that they know is likely to spread.
These programs are needed to limit contagion and restore stability to the eurozone, pending deeper institutional reforms that address fiscal interdependency in the context of monetary union.
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