a: Financial contagion ~
b: pollution
What: "We come to this conclusion somewhat reluctantly, since financial safety is a matter for global and not just national concern. Financial contagion is like pollution: it can and often does easily cross national borders. And unlike pollution, financial contagion can generate harm much more quickly."
Useful?
Writer: Robert E. Litan
LCC:
Where:
Date: Aug 15 2014 5:20 PM
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