Economies of contagion: financial crisis and pandemic

@article{Peckham2013EconomiesOC,
  title={Economies of contagion: financial crisis and pandemic},
  author={R. Peckham},
  journal={Economy and Society},
  year={2013},
  volume={42},
  pages={226 - 248}
}
  • R. Peckham
  • Published 2013
  • Economics
  • Economy and Society
Abstract The outbreak of an influenza A (H1N1) pandemic in 2009 coincided with a severe global financial downturn (2007–8). This paper examines the use of ‘contagion’ as a model for assessing the dynamics of both episodes: the spread of infection and the diffusion of shock through an intrafinancial system. The argument is put that a discourse of globally ‘emerging’ and ‘re-emerging’ infection helped to shape a theory of financial contagion, which developed, particularly from 1997, in relation… Expand
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Before 1997, the term “contagion” usually referred to the spread of a medical disease. A Lexis-Nexis search for contagion before this year finds hundreds of examples in major newspapers, almost noneExpand
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