Convergence
in sentence
396 examples of Convergence in a sentence
Technological “catch-up” will remain the underlying driver of convergence, beyond the short-term shocks and temporary problems that capital-flow volatility may cause.
Their efforts will remain the basis for aggregate
convergence.
Upon taking office, Obama set four objectives in the Middle East: stabilize Iraq before leaving it; withdraw from Afghanistan from a position of strength and on the basis of minimal political
convergence
with Pakistan; achieve a major breakthrough in the Middle East peace process by pushing Israeli Prime Minister Binyamin Netanyahu to freeze settlements; and open a dialogue with Iran on the future of its nuclear program.
In the late twentieth century, it looked as if the world was moving toward convergence, with people everywhere consuming the same products.
A New Deal for GreeceATHENS – Three months of negotiations between the Greek government and our European and international partners have brought about much
convergence
on the steps needed to overcome years of economic crisis and to bring about sustained recovery in Greece.
The rationale for this
convergence
hypothesis is that poor countries can import capital and technologies from wealthy countries and reap the advantages of such investments.
So, drop the idea of
convergence?
Underlying fiscal positions still vary from one country to another, despite all the efforts to achieve fiscal
convergence
through top-down rules.
A key factor in unleashing the current chaos – which represents the
convergence
of numerous deep-rooted challenges and conflicts – was America’s 2003 invasion of Iraq.
Just as cheap mortgage financing papered over the cracks of growing income inequality in the United States, cheap capital from the north accelerated Europe’s apparent economic
convergence.
Citizens of debtor economies, who grew up complacent about economic convergence, have lost their savings and, in many cases, have run out of hope.
The Maastricht
convergence
criteria that led to the euro's creation worked because they were imposed by a multinational agreement and were monitored multinationally.
The increased movement of players across borders has already contributed to a
convergence
among countries’ skill levels, reflected in the declining dominance of traditional powerhouses like Argentina, Brazil, France, Germany, Italy, and Spain.
Deluded by the
convergence
of bond yields that followed the euro’s launch, investors fed a decade-long private-sector credit boom in Europe’s less-developed periphery countries, and failed to recognize real-estate bubbles in Spain and Ireland, and Greece’s slide into insolvency.
Another area of Sino-American
convergence
concerns the multilateral system.
Through its wide-ranging experience of
convergence
of national interests and values, the EU has emerged as a model of multilateralism and as the most powerful normative actor in all areas of governance.
Rather than pursuing internal convergence, this important part of the world is now following at least three paths, characterized by large divergences that will persist – and likely grow – for years to come.
Standards of living in the region have improved dramatically – even if full
convergence
with Western Europe is far from achieved.
As a result,
convergence
with Western Europe could slow, with many countries lagging far behind – a far different outcome from that envisioned during the boom of the mid-2000s, when
convergence
within a generation seemed almost like a birthright.
In the second, brighter scenario, rapid
convergence
to advanced-economy income levels continues, supported by a focus on two priorities, detailed in a new IMF report.
We know that the structure of the eurozone encourages divergence, not convergence: as capital and talented people leave crisis-hit economies, these countries become less able to repay their debts.
The fourth process consists of two recent high-growth generations in China and one high-growth generation in India, which has been a significant factor underlying global wealth
convergence
since 1975.
Both countries see a
convergence
-- at least to some extent -- of vital national security interests as the catalyst for their partnership.
The accession countries are already highly integrated with the EU economy, with pronounced cyclical
convergence
between the accession countries and the EMU countries.
Smooth
convergence
of risk premiums for inflation, exchange rates, and, perhaps most importantly, debt default with those prevailing in the eurozone are crucial for alleviating possible shocks to the financial system.
In order to facilitate monetary
convergence
effectively, DIT policies should follow a two-stage adjustment process.
As such frameworks brought about regulatory convergence, the US and the EU would be able to define the standards of the emerging new global economy, forcing China either to accept those standards or be left behind.
Europeans recognized that full regulatory
convergence
between the US and the EU would, in reality, take at least a decade.
In the past decade attention has focused on bringing down budget deficits, establishing the EU
convergence
targets and the like.
In the longer term,
convergence
of unit labor costs is needed.
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