economic convergence
noun[U]
ECONOMICSukusaprocessin whicheconomiesof differentcountriesbecomemoresimilarto each other:
Economic convergenceexistswhen two or moreeconomiestendtoreachasimilarlevelofdevelopmentandwealth.
Examplesofeconomic convergence
economic convergence
This forecasts global economic and demographic trends to the year 2100: he concludes that long-runeconomicconvergencebetween different cultural groups is unlikely.
From
This example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Ifeconomicconvergenceis a condition of monetary union, there can be no certainty that it will ever happen.
From theCambridge English Corpus
You cannot set a rate of unemployment to be achieved in the same way as you set othereconomicconvergencecriteria.
FromEuroparl Parallel Corpus - English
Without moreeconomicconvergence, we will jeopardise the common currency and the common market.
FromEuroparl Parallel Corpus - English
A high level of growth, increased employment, social protection andeconomicconvergencecan be achieved only through long-term investment, especially in infrastructure projects.
FromEuroparl Parallel Corpus - English
No-one would have believed even a year ago that such a degree ofeconomicconvergencewas possible.
FromEuroparl Parallel Corpus - English
It is more that the policy of the euro countries has contributed far too little toeconomicconvergence.
FromEuroparl Parallel Corpus - English
They are of course the main instruments through which we grant financial support so as to speed up and support the process ofeconomicconvergence.
FromEuroparl Parallel Corpus - English
During the past yearseconomicconvergencehas improved rather spectacularly, despite sometimes difficult conjunctural effects.
FromEuroparl Parallel Corpus - English
Equally, when it comes to how this single currency is to be achieved, we cannot ignore the importance of realeconomicconvergence.
FromEuroparl Parallel Corpus - English
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
- SAYE
- say-goodbye-to
- say goodbye to something
- rural district
- rural dweller
- rural economy
- rural enterprise
- rural environment
- rural folk
- rural hospital
- rural landscape
- rural lifestyle
- rural location
- rural parish
- rural region
- rural settlement
- rural sociology
- rural surroundings
- rural-urban migration
- rural village
- rural voter
- rural worker
- rurban
- ruse
- rush