THE HINDU VOCABULARY
economic convergence (noun) – it 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 converge & be at the same level in terms of per capita income.
lag behind (phrasal verb) – trail, fall back, grow/develop slowly.
bridge (verb) – join, link, connect/unite.
sustained (adjective) – continuous, uninterrupted, constant.
albeit (conjunction) – though, even though, however.
per capita (adverb & adjective) – per person, for each, individually.
divergence (noun) – difference, deviation, variance.
fortunes (noun) – circumstances, state of affairs, conditions.
fall behind (phrasal verb) – default, be overdue, lag.
gross domestic product (GDP) (noun) – a measure of economic activity in a country. It is the total value of a country’s annual output of goods and service.
come along (verb) – progress, develop, improve.
burgeoning (adjective) – growing, increasing rapidly.
fiscal deficit (noun) – the difference between total expenditure and total income of the government.
profligate (adjective) – irresponsible, reckless; unprincipled/corrupt.
economic convergence (noun) – it 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 converge & be at the same level in terms of per capita income.
lag behind (phrasal verb) – trail, fall back, grow/develop slowly.
bridge (verb) – join, link, connect/unite.
sustained (adjective) – continuous, uninterrupted, constant.
albeit (conjunction) – though, even though, however.
per capita (adverb & adjective) – per person, for each, individually.
divergence (noun) – difference, deviation, variance.
fortunes (noun) – circumstances, state of affairs, conditions.
fall behind (phrasal verb) – default, be overdue, lag.
gross domestic product (GDP) (noun) – a measure of economic activity in a country. It is the total value of a country’s annual output of goods and service.
come along (verb) – progress, develop, improve.
burgeoning (adjective) – growing, increasing rapidly.
fiscal deficit (noun) – the difference between total expenditure and total income of the government.
profligate (adjective) – irresponsible, reckless; unprincipled/corrupt.
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