Both paths would be risky, and could cause a wider stress if the contagion of previous emerging-market crises is any guide.With any luck none of this will happen.
Founder and CEO Brian Shin said it builds on a previous Visible Measures product, Contagion, a planning tool for earned media.
Since Argentina defaulted in December 2001, several emerging markets, including Brazil and Turkey, have issued new bonds.In short, the contagion that worsened previous emerging-market crises, particularly after Russia's default in 1998, has not reappeared.
With the notable exception of Hong Kong and Malaysia, they have also abandoned the fixed exchange rates that were at the root of their previous meltdown.During the late 1990s crisis, financial contagion swept through the region as capital fled one economy after another.
This quantity was used in previous studies to quantify the social contagion occurring in social systems [37, 38].
4 Previous work that claimed to find social contagion in the diffusion of prescription drugs was confounded by marketing effects.
The motor contagion recorded here is consistent with previous work showing vegetative output during observation of an effortful movement and could indicate that lower level control facilitates contagion effects.
Previous research, reviewed in Section 3.3, indicated that emotional contagion in online discussions is a very present phenomenon.
In their brighter moments EU officials liken it to another ambitious (if half-finished) project: the banking union, which is today often credited with protecting the euro zone against the contagion that was such a damaging feature of previous crises.
Their actions brought an end to the financial contagion, and by December, 1909, stocks had surpassed their previous record high.
