Editing Spillover Effects
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Spillover effects, in an economic context, are the consequences of economic activity, including policies and transactions that may affect those not directly involved. These spillover effects could be either positive or negative. An example of a positive spillover effect can be seen when increased trade results in increased economic ties between nations and therefore stronger multilateral relations. | Spillover effects, in an economic context, are the consequences of economic activity, including policies and transactions that may affect those not directly involved. These spillover effects could be either positive or negative. An example of a positive spillover effect can be seen when increased trade results in increased economic ties between nations and therefore stronger multilateral relations. | ||
[[Category:The Cultural Diplomacy Dictionary]] | [[Category:The Cultural Diplomacy Dictionary]] | ||
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