Economic convergence exists when two or more economies tend to reach a similar level of development and wealth.
Financial and business terms. 2012.
Economic Community of West African States — Comunidade Económica dos Estados da África Ocidental Communauté économique des États de l Afrique de l Ouest Economic Community of West African States … Wikipedia
Economic history of Portugal — This article covers the economic history of Portugal.Portugal was once one of the largest and most powerful political and economic powers in the world. Since the 16th century to the end of the Estado Novo regime in 1974, Portugal s dominions were … Wikipedia
Economic and Monetary Union of the European Union — In economics, a monetary union is a situation where several countries have agreed to share a single currency amongst themselves. The European Economic and Monetary Union (EMU) consists of three stages coordinating economic policy and culminating… … Wikipedia
convergence — [[t]kənvɜ͟ː(r)ʤ(ə)ns[/t]] convergences N VAR The convergence of different ideas, groups, or societies is the process by which they stop being different and become more similar. [FORMAL] ...the need to move towards greater economic convergence...… … English dictionary
Convergence clubs — correspond to levels of international attainment. Groups of countries are classified based on education levels, income per capita, and other measurable factors. For example, very poor countries tend to converge towards one another and, thus,… … Wikipedia
Economic inequality — refers to disparities in the distribution of economic assets and income. The term typically refers to inequality among individuals and groups within a society, but can also refer to inequality among nations. Economic Inequality generally refers… … Wikipedia
Convergence criteria — (also known as the Maastricht criteria) are the criteria for European Union member states to enter the third stage of European Economic and Monetary Union (EMU) and adopt the euro. The four main criteria are based on Article 121(1) of the… … Wikipedia
Convergence (economics) — The idea of convergence in economics (also sometimes known as the catch up effect) is the hypothesis that poorer economies per capita incomes will tend to grow at faster rates than richer economies. As a result, all economies should eventually… … Wikipedia
Economic Affairs — ▪ 2006 Introduction In 2005 rising U.S. deficits, tight monetary policies, and higher oil prices triggered by hurricane damage in the Gulf of Mexico were moderating influences on the world economy and on U.S. stock markets, but some other… … Universalium
Convergence and Union — Convergència i Unió President Artur Mas Founded September 1978 (coalition) December 2001 (federation) … Wikipedia
