Ratio
in sentence
1146 examples of Ratio in a sentence
And, as more people live longer, and the relative size of the working-age population falls, the dependency
ratio
can begin to rise, with serious socioeconomic repercussions, because older people require more health care and draw pensions.
On the other hand, rapid population growth as a result of higher birth rates can threaten the wellbeing of the poorest communities and countries, by altering the dependency
ratio
at the other end of the scale.
I was working for a very large American bank at the time, and I can still remember joining frequent transatlantic conference calls to discuss Italy’s debt-to-GDP
ratio.
But the transition must be handled carefully to ensure that property prices do not plummet, which would increase the
ratio
of non-performing loans – and possibly even trigger a major financial crisis.
Private Wealth and European SolidarityCOLOGNE – A little-discussed but crucial factor in the debate over wealth transfers from Europe’s more economically sound north to its troubled south is the relationship between public debt, GDP, and private wealth (households’ financial and non-financial assets, minus their financial liabilities) – in particular, the
ratio
of private wealth to GDP in the eurozone countries.
The grim irony here is that the
ratio
of private wealth to GDP in some of the countries that are in need of support from the ECB and northern eurozone members is equal to or higher than that in more solvent countries.
Consider Italy, which has the highest
ratio
of private wealth to public debt of any G-7 country, and is some 30% to 40% higher than in Germany.
Likewise, Italy and France share a private wealth/GDP
ratio
of five to one, while Spain’s – at least before the crisis hit the country in full – was six to one.
By contrast, the
ratio
in Germany, Europe’s largest creditor, is only 3.5 to one.
From 2007 to October 2009, the United States lost nearly eight million jobs, which reduced the employment-population
ratio
from 63% to 58.5%.
But if it is too difficult to restructure and reduce debts when bad luck leads to unsustainable debts, the result is bad for both the debtor and its creditors, who are better off when a reduced debt
ratio
is serviced than when a debtor defaults.
That includes the supplementary leverage
ratio
required of the largest banks, which newly appointed regulators are working to relax.
Likewise, whereas Spain was expected to decrease its debt ratio, its debt-to-GDP
ratio
is now likely to double between 2007 and 2010, to more than 60%.
In Spain, despite tax hikes worth more than 4% of GDP since 2010, the tax-to-GDP
ratio
was only 38% in 2014, compared to 41% in 2007.
In Greece, tax increases amounted to 13% of GDP during the same period, but the tax
ratio
increased by only six percentage points.
Each crisis-hit economy had increased its financial leverage – the
ratio
of domestic credit to GDP – by 30 percentage points over five years shortly before their credit bubbles popped.
In 1914, the US/UK GDP
ratio
was 2.1, but the US dollar was not an IVC, suggesting that America’s relative economic strength was inadequate.
A decade later, in 1924, the
ratio
was 3.2 and rising – and the US dollar had eclipsed the British pound as the most important IVC.
This would put China’s economic strength relative to the US at 1.1 – well below the necessary
ratio.
Italy and Germany are headed toward a
ratio
of one retiree per worker; without more rapid GDP growth, new immigration policies, higher retirement ages, and efforts to stem the increase in welfare spending, taxes will inexorably rise from already damaging levels.
The IMF’s decision was in response to the Pakistani government’s failure to take promised steps to increase its abysmal tax-to-GDP ratio, which stands at less that 10%, one of the lowest levels in the emerging world.
On June 27, the People’s Bank of China lowered the reserve requirement
ratio
and the benchmark interest rate.
Sargent’s recommendation contradicts the view (espoused most recently in an Economist magazine leader) that instead of stabilizing debt, all advanced countries should be aiming to emulate Japan (where net debt is more than 140% of GDP, the highest
ratio
among the advanced economies).
This stance assumes that lower tax rates raise the tax/GDP
ratio
by ensuring better compliance with tax laws, and favors indirect taxation (such as value-added taxes) in order to broaden the tax base to include those with modest incomes.
As a result, the tax/GDP
ratio
in most countries in Sub-Saharan Africa and Latin America has stagnated or even fallen.
Historically, China has had an open development model, with imports running at 28% of GDP since 2002 – nearly three times Japan’s 10% import
ratio
during its high-growth era (1960-1989).
The eurozone as a whole has a debt-to-GDP
ratio
of 90%, which is high by any standard.
And Japan’s public debt-to-GDP ratio, at 240% (and rising), remains the highest in the world.
This surplus enabled a stabilizing of the won at 1,200 to the dollar, compared to the 2,000 to 1
ratio
of 1997.
Moreover, in a country where excessive debt is a growing concern, Foshan’s loan-to-GDP
ratio
in 2011 was only 85% – far less than the national average of 121%.
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