aprocessin whicheconomiesof differentcountriesbecomemoresimilarto each other:Economic convergenceexistswhen two or moreeconomiestendtoreachasimilarlevelofdevelopmentandwealth.(Definition ofeconomic convergencefrom theCambridge Business English Dictionary? Cambridge University Press)
Examplesofeconomic convergence
economic convergenceThis forecasts global economic and demographic trends to the year 2100: he concludes that long-runeconomicconvergencebetween different cultural groups is unlikely.FromWikipediaThis 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 CorpusYou cannot set a rate of unemployment to be achieved in the same way as you set othereconomicconvergencecriteria.FromEuroparl Parallel Corpus - EnglishWithout moreeconomicconvergence, we will jeopardise the common currency and the common market.FromEuroparl Parallel Corpus - EnglishA high level of growth, increased employment, social protection andeconomicconvergencecan be achieved only through long-term investment, especially in infrastructure projects.FromEuroparl Parallel Corpus - EnglishNo-one would have believed even a year ago that such a degree ofeconomicconvergencewas possible.FromEuroparl Parallel Corpus - EnglishIt is more that the policy of the euro countries has contributed far too little toeconomicconvergence.FromEuroparl Parallel Corpus - EnglishThey 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 - EnglishDuring the past yearseconomicconvergencehas improved rather spectacularly, despite sometimes difficult conjunctural effects.FromEuroparl Parallel Corpus - EnglishEqually, when it comes to how this single currency is to be achieved, we cannot ignore the importance of realeconomicconvergence.FromEuroparl Parallel Corpus - EnglishThese 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.#https://dictionary.cambridge.org//dictionary/english/economic-convergence##
