Equivalent
in sentence
1166 examples of Equivalent in a sentence
Compare this to the much lower cost of civil wars, which are
equivalent
to about 0.2% of global GDP.
In the same way, 20 African countries have lost sums
equivalent
to more than 10% of their GDP every year since 1980.
In reality, underinvestment and investment with debt financing are
equivalent
in one crucial respect: they both transfer costs to a future cohort.
Though Rovio Entertainment’s release in 2009 of the popular video game Angry Birds catalyzed an innovation boom in Espoo, it is Aalto University – Finland’s
equivalent
of Stanford in California – that continues to fuel innovation in the area, by nurturing programmers, designers, and others with the necessary talents.
Today, the disease has a truly global impact, claiming 1.8 million lives annually – the
equivalent
of wiping out the population of Washington, DC, three times every year.
Further assuming a relatively generous 20% administration overhead, the total cost of the scheme would be approximately $600 million –
equivalent
to a fifth of the reported aid flow to these countries in 2004 and to 3.5-4% of their combined GDP.
The first is the failure of central banks to adopt a rule like nominal GDP targeting or its
equivalent.
Munger coined the term “febezzle,” or “functionally
equivalent
bezzle,” to describe the wealth that exists in the interval between the creation and the destruction of the illusion.
Such practices, illegal as practiced by Bernard Madoff, are functionally
equivalent
to what happens during an asset-price bubble.
The first strategy is
equivalent
to having a family forego all loans when buying its own home.
This year’s record harvest of 6,100 tons of opium will generate more than $3 billion in illicit revenue –
equivalent
to almost half of Afghanistan’s GDP.
Over 2007-2013, the new member states receive funds
equivalent
to about 20% of their GDP, while Greece and Portugal receive close to 8% and 12% of GDP, respectively.
But they miss the point, for they imagine leadership as the
equivalent
of a nineteenth-century cavalry charge, in which the general is either out front carrying the flag or following along in the rear.
In the run-up to its debt crisis in 2010, the government’s primary budget deficit (the amount by which government expenditure on goods and services exceeds revenues, excluding interest payments on its debt) was
equivalent
to an astonishing 10% of national income.
Yet to say that we should not carry out research in this area is
equivalent
to saying that we should reject open-minded investigation of the causes of inequalities in income, education, and health between people of different racial or ethnic groups.
The implicit argument is that this move from price to quantity adjustments is the functional
equivalent
of additional monetary-policy easing.
What is happening today in the Arab world is a revolution that may turn out to be for the Middle East the
equivalent
of what the French Revolution was for Europe in 1789: a profound and radical change that alters completely the situation that prevailed before.
While the primary deficit (before interest payments) in 2002 was similar among countries with and without important natural resources, in 2007, the former showed a surplus
equivalent
to 3.8% of GDP – compared to 1.6% of GDP for non-commodity-exporting countries.
Argentina, for example, increased subsidies for energy and transport to the
equivalent
of 3% of GDP.
To be sure, in 1814, there was no Jewish
equivalent
of the violent Jihadism that poisons relations with Muslims in the West today.
By 2050, antimicrobial resistance could impose a cumulative economic cost of $20 trillion on China –
equivalent
to about two years of its current GDP.
Such pacts are the modern-day
equivalent
of the 1928 Kellogg-Briand Pact, which outlawed war.
Rather than modifying a policy framework that had failed for five years to deliver on its stated objectives, they dug in their heels, eventually resorting to the economic
equivalent
of gunboat diplomacy.
If these bonds were acquired by Italian investors (who would have to sell an
equivalent
amount of low-yielding foreign assets), Italians would save the
equivalent
of 0.73% of their country’s GDP.
The US also encouraged the International Monetary Fund to give Pakistan emergency financial assistance
equivalent
to $11 billion, to be disbursed starting in late 2008.
As in the case of other aid programs, the
equivalent
of hundreds of billions of dollars has been transferred from richer economies to a much poorer one, with negative, if unintended, consequences.
But the entire savings (assuming people didn’t use more energy later in the night to make up for lost time) amounted to just ten tons of CO2 –
equivalent
to just one Dane’s annual emissions for a full year.
A shipment of an
equivalent
dollar amount of fertilizer and improved seeds from, say, the United States to Africa would yield perhaps five times more food.
Yet it is legitimate to ask what, for Europeans looking at Asia, would be the
equivalent
of the “peace, compassion and cooperation” that Asians see in Europe?
For the former colonial countries, who have no
equivalent
to Obama, to support him fully is a sort of exorcism, if not redemption.
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