A Year of Divergence

The Great Policy Divergence

The Messy Politics of Economic Divergence

Economic historians call this The Great Divergence.

Not a big divergence in terms of uniform design for border guards admittedly, but in almost every other respect, it's a huge divergence.

There are six which I think explain the Great Divergence.

I think they re two quite different modes divergence and convergence.

So the tree of life is normally divergence over time.

And you can see here that there's an exponential Great Divergence.

But one thing is for sure, the Great Divergence is over, folks.

There is also a divergence of basic interests which must be recognized.

You may think we can explain the Great Divergence in terms of geography.

Unfortunately there is wide divergence of views on the scale of the problem.

We see neither reaction. More importantly, the RMB s slow appreciation resumed fairly promptly after December s dip, while investors bearish sentiments about China s economy remain consistent.

Now we have divergence over time, but we've created the third dimension of area.

So it really doesn't look like empire is a great explanation for the Great Divergence.

It became apparent that there was a significant divergence in country practices in that area.

The divergence of views had also obstructed the implementation of General Assembly resolution 50 227.

In the event of any divergence in interpretation of this Agreement, the English text shall prevail.

The many points of divergence that remained could only be finally settled at the diplomat s conference.

27. There was a divergence of views on the impact of trade preferences and the GSP.

LAGUNA BEACH The world is increasingly characterized by divergence in economic performance, monetary policy, and thus in financial markets. Global divergence has already contributed to stock market volatility, unprecedented declines in advanced economies' government bond yields, and outsize currency movements.

But before we go through that process of divergence, there is actually quite an important first step.

And this slide here is the best simplification of the Great Divergence story I can offer you.

And you can see here the huge divergence that happens in property ownership between North and South.

There was no divergence of views concerning the useful role played by meetings of the subsidiary bodies.

And this is part of a really extraordinary phenomenon, and that is the end of the Great Divergence.

It's not rebuilding Europe, it's reversing the divergence for the bottom billion, so that they actually catch up.

Second, divergence of views on a possible fissile material treaty is one of the reasons for the impasse.

There was still a wide divergence of views on those issues, constituting a stumbling block to further progress.

Stated briefly, the divergence is physical men tend to die earlier and women later, but with more ailments.

They got on a boat, and yet another divergence the boat was either going to Canada or to Australia.

And the result is an even bigger divergence in a very short space of time than happened in Germany.

But it's this process of trial and error that explains this great divergence, this incredible performance of Western economies.

Generally speaking, parties concerned are now moving towards consensus on this issue, though divergence remains on some specific questions.

There remains a wide divergence of interpretation by State courts on the form requirement defined under article II(2).

We do not believe that the subject dealt with in this question lends itself to a divergence of views.

Deliberate policies and measures are needed at both the national and the international levels to reverse the trend towards divergence.

In any case, as you may remember, the Great Divergence reaches its zenith in the 1970s, some considerable time after decolonization.

Given this divergence of positions and provisions, it cannot be asserted that the death penalty is incompatible with applicable international law.

That looks like the beginning of the end of the boom, though, of course, one can never be sure. I presented a bearish long run view, which many challenged, but no one obviously won the argument.

The pressure on policymakers to address the risks of divergence will increase next year. The consequences of inaction will extend well beyond 2015.

To put that into perspective, this red vertical bar here marks the divergence time of humans from chimpanzees, a mere seven million years ago.

The three hours of discussions in an informal, interactive mode lead me to conclude that there are more areas of convergence than of divergence.

Therefore, as we continue to welcome the bright projected global outlook, we should not lose sight of the wide divergence across nations and regions.