Catching Up at Different Speeds

Of course, economic convergence is a long term business.

Not necessarily, but it is a mutual approximation.

Rapprochement with the outside world would help.

But interest rate convergence caused economic divergence.

Over time, this stimulated ever greater economic convergence.

But rapprochement between France and the US should not hide other realities.

Historical experience shows that migration is the fastest way to bring about a convergence in living standards.

The rapprochement between Iran and its negotiating partners on the core nuclear issue is obvious.

Moreover, as calls for harmonization increase, policies converge across the globe.

Christians, Muslims and animists live in perfect harmony thanks to a century old tradition of humorous relationship .

Given the ironic reversal of globalization fears, Kipling is still right convergence has continued to elude East and West.

ISTANBUL Will the recent rapprochement between the United States and Syria mark a new era in Syria s international standing?

For example, he said that he would not kow tow to the US or visit Washington just for the sake of a photo opportunity He also promised to continue President Kim Dae Jung's Sunshine policy of engagement with the North.

There is bound to be more convergence down the road, when he decides to define Israel s real, not ideological, red lines.

The forces of globalization that were liberated by the fall of Communism have created a better world, with rapid economic convergence and shrinking inequality.

With the collapse of the Soviet Union, that de facto US China alliance ended, and a China Russia rapprochement began.

In these circumstances, a US attack on Syria would almost certainly dash any hope of a US Iran rapprochement for years to come.

It contained some of the new elements introduced in Black Tie White Noise , and also signalled a move towards alternative rock.

She described their meeting by saying, I don't know if it was exactly love at first sight, but it was pretty close.

Will the crisis lead to nationalistic and selfish attitudes on both sides of the Atlantic, stymieing the long awaited rapprochement, if not a full reconciliation?

The most interesting development is that we can now see increasing convergence in the regulatory philosophies and toolkits in Beijing, London, and New York. Until the recent near implosion of Western capitalism, the North Atlantic authorities thought that the end of financial history had been reached.

Given the precision required to operate on an organ as delicate as the brain, the convergence of mechanical technologies with the art of surgery catalyzed progress in the field.

The most interesting development is that we can now see increasing convergence in the regulatory philosophies and toolkits in Beijing, London, and New York.

Turkey, which for nearly two decades has proclaimed its support for Azerbaijan, publicly conditioned rapprochement with Armenia on Armenian concessions to Azerbaijan.

The accession countries are already highly integrated with the EU economy, with pronounced cyclical convergence between the accession countries and the EMU countries.

At the same time, the Turkish government is pursuing a separate path of negotiations, through a rapprochement with another Kurdish authority the Kurdish Regional Government (KRG) in northern Iraq.

If rapprochement with the West can be achieved, the removal of the international sanctions stemming from the nuclear program would give a tremendous boost to Rouhani s economic policy.

For decades, reconciliation and its most remarkable achievement the Franco German rapprochement was the trademark of the project to create an ever closer union in Europe.

The economic crisis arguably forced the new American rapprochement with China (the emerging power that has now emerged as the big winner from the world s financial turmoil).

Despite being a strong coming together of both nations after over five decades, the true impact that the Obama administration's new measures will have on Cuba and the United States remains to be seen.

After the common currency s first decade, however, increased divergence, rather than rapid convergence, has become the norm within the euro area, and tensions can be expected to increase further.

As I have argued before, convergence of emerging countries real average incomes, in the aggregate, with advanced countries incomes is likely to continue into the 2020 s.

Turkish diplomacy has thus become a well calibrated balancing act, moving closer to European positions in the Middle East, but eager to maintain close relations with the US.

This is the time to begin a broader US Iran rapprochement and build a new security regime in the Middle East and the world that leads toward full global nuclear disarmament.

The compromise between Israelis and Palestinians reflects a new spirit of justice and cooperative dialogue among nations which, for historical reasons, have been in a state of confrontation.

LONDON The European Central Bank s recently announced policy of bond buying, what it calls outright monetary transactions (OMTs) marks a convergence of European central banks with their Anglo Saxon counterparts.

That rapprochement was possible because Taiwan s then newly elected vice president was given permission by China to attend the forum, where he was able to meet informally with President Hu.

As the advanced economies recover, however weakly, the growth differential is likely to narrow again, perhaps to about two percentage points, which still implies steady convergence at a decent pace.

The fragile rapprochement between the US and Russia may not hold, particularly if the US again insists breaking its recent helpful silence that Assad has no place at the negotiating table.

It is this convergence that will help deliver the technological solutions needed to supply enough clean energy, food, and water, as well as better health, to sustain the world s nine billion people in 2050.

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.

This question has faced the EU from its beginning, and until now member governments answered it by proceeding at the pace of the most reluctant.

A convergence of interests and a profoundly emotional attitude to Israel s story and to the Jewish narrative since the Holocaust have been the motive forces behind what is perhaps one of the most intriguing alliances in international relations.

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.