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Divergences in sentence

66 examples of Divergences in a sentence

But, given regional differences in political, social, and economic arrangements – often reflecting the particularities of local history and culture – significant divergences in citizens’ attitudes remain.
Part of the cause for these huge divergences in views is that America is an increasingly polarized society.
These divergences help to explain why a number of new acronymic groupings have since been carved out of the N-11, including the MINT (Mexico, Indonesia, Nigeria, Turkey) and the MIST (swapping in South Korea for Nigeria).
These almost certainly reflect divergences in terms of that system’s distributional impacts.
This chart shows increasing divergences over the last ten years, with the countries now facing difficulties (Greece, Portugal, and Spain) having lost competitiveness by around 20% relative to Germany.
Concern about such divergences has also reached the task force headed by European Union President Herman Van Rompuy, which is supposed to devise fundamental reforms to the rules for economic policy coordination within the EU.
A key proposal from the task force’s first meeting was to develop competitiveness indicators, and then force member countries to take “remedial action” should the EU find large divergences.
This might work – at least partly – in the current crisis, but it will not be able to prevent future divergences in competitiveness if domestic demand diverges again.
The euro was supposed to bring about economic convergence, but it produced divergences instead, because its architects did not realize that imbalances may emerge not only in the public sector, but in the private sector as well.
That is how the divergences emerged.
Divergences will continue to widen, and weaker countries will continue to weaken indefinitely.
In response to asymmetric shocks and divergences in productivity, there would have to be adjustments in the real (inflation-adjusted) exchange rate, meaning that prices in the eurozone periphery would have to fall relative to Germany and northern Europe.
The fatal divergences that are most frequently cited include differences in growth rates, job-creation, and unemployment rates, as well as dramatic disparities in current-account balances, all of which may be traceable to wide deviations in unit labor costs.
Perceptions of such divergences force considerable risk premiums on problem countries, inevitably resulting in accelerating capital flight to safe havens.
After all, whereas all previous EU trade deals were designed to achieve convergence between the EU and a third party, an EU-UK deal would be geared toward preventing divergences.
Second, the eurozone permits these divergences because policies that affect growth are decentralized.
Europe eventually must gravitate either toward deeper political, fiscal, and policy integration, or toward a structure that includes adjustment mechanisms – for example, greater labor mobility – to accommodate divergences in productivity.
Because foreign-policy events are what social scientists call “path dependent,” relatively small choices by leaders, even in the range of 10-15% early on a path, can lead to major divergences in outcomes over time.
There is no reason why loans in Bozen (Bolzano) should cost twice as much as those in nearby Innsbruck; in fact, such arbitrary divergences merely undermine competition and cause economic stagnation.
Given such divergences, it is not surprising that Western medical protocols do not work in developing countries.
The competitiveness of eurozone economies’ tradable sectors varies widely, owing to divergences that emerged after the common currency was first launched.
While the euro’s recent weakening will blunt the impact of some of these divergences, it will not eliminate them entirely.
And, though EU agencies like the European Central Bank are assuming an increasing share of regulatory responsibility, divergences in decision-making procedures continue to affect the rate and nature of transatlantic coordination.
But the monetary union retains a fundamental flaw: the absence of mechanisms capable of forestalling cost divergences across countries that have lost the ability to engage in exchange-rate adjustment.
After the experience of the crisis, if signs of growing cost divergences begin to emerge in the future, interest-rate differentials among eurozone countries will rise much faster than they did before the last crisis, providing an earlier warning signal.
As the year progresses, these divergences will become increasingly difficult to reconcile, leaving policymakers with a choice: overcome the obstacles that have so far impeded effective action, or risk allowing their economies to be destabilized.
Fortunately, there are ways to ensure that 2015’s divergences do not lead to economic and financial disruptions.
Keynes versus the Classics: Round TwoLONDON – The economist John Maynard Keynes wrote The General Theory of Employment, Interest, and Money (1936) to “bring to an issue the deep divergences of opinion between fellow economists which have for the time being almost destroyed the practical influence of economic theory…” Seventy years later, heavyweight economists are still at each other’s throats, in terms almost unchanged from the 1930’s.
In fact, a “normal” economic and monetary union would account for productivity and competitiveness divergences among member states, which can arise from differences in asset endowments, access to technology, or spending patterns.
Critically, however, the divergences did not start to appear until after 7-8 years.
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