currency – n. the money that a country uses
emerging-market - adj. description of a country whose economy is still developing
contagion – n. the act of moving from one place to another
Gross Domestic Product – n. the monetary value of all goods and services produced within a country over a period of time
phase – n. a part or step in a process
instability – n. the state of being likely to change for the worse
solvency – n. the state of being able to pay debts
panic – v. to be overcome with extreme fear