Business terms and jargon explained. Your business dictionary

What is Endogenous Convergence

In the context of EMU, refers to convergence that occurs as a result of being part of the monetary union. For example, a monetary union may lead to a higher trade between countries than if they had retained separate currencies. Trade increases the extent to which economic conditions in one country or region affects its trading partners, and as a result will tend to increase the convergence of their business cycles.

Crown Copyright. Material taken from HM-Treasury. Reproduced under the terms and conditions of the Click-Use Licence.

<- Go Back
Business Terms Home page

Search jargon and terms database to learn more:-

A  B  C  D  E  F  G  H  I  J  K  L  M  N  O  P  Q  R  S  T  U  V  W  X  Y  Z

Search Term   

Letter of request Discretionary Fiscal Policy Lat Residual Input Tax
ASCII Grant caeterorum Zip Code Copycat packaging
Paris Convention Forfeit Appraiser Court
APK Interview Balance Sheet Ipso facto
Real Exchange Rate Commodity N11 Civil Court form Industrial Tax Exemption
Free Circulation IMHO Hedge Garnishee Order
Customer information order Rupiah Pataca Free
Biweekly Click Fraud Walking Possession Two-comma
JCCC Relative Cost PaaS Asset stripper
Adjournment Confiscation order Venire QR code

Term created / updated 2007-03-20 22:48:50

Knowledge is the key to success. That is why we have gone to great lengths to get you these business terms, and to explain them in Plain English so it is very easy to understand. Getting the right understanding and knowing your business jargon will keep you informed among your peers.

Copyright © 2004-2019 Scopulus Limited. All rights reserved.