Ratios
in sentence
398 examples of Ratios in a sentence
As a result, the PBOC is losing control over interest rates on corporate loans, and thus has few options for constraining leverage
ratios.
Price-to-earnings
ratios
in the US are 50% above the historic average, private-equity valuations have become excessive, and government bonds are too expensive, given their low yields and negative term premia.
Looking at price earning
ratios
on Wall Street, Robert Shiller, an economist at Yale University and one of the most convinced believers in the bull market, observed recently that stocks have never been more overvalued, not even in the summer of 1929, before the Great Crash.
So the market does not seem to care that countries have different potentials to generate exports to fund the financial flows needed for debt repayments, or different current and projected debt-to-GDP
ratios.
How quickly fiscal retrenchment should be launched – and the right balance between higher taxes and lower spending – will vary by country, reflecting factors like the strength of the economic recovery, the market’s appetite for debt, and initial spending and revenue
ratios.
The US has a lot of leverage: Pakistan has one of the world’s lowest tax-to-GDP ratios, and is highly dependent on American and other foreign aid.
Second, to set high debt
ratios
on a diminishing path, governments will have to aim at reducing deficits further in line with their medium-term budgetary objectives.
Among the list of challenges we face are derelict schools, high pupil-to-teacher ratios, and significant gaps in inspection and oversight capabilities.
Regulators are already talking about imposing leverage ratios, as well as limits on risk-weighted assets.
Even Britain's Secretary of State for Education admits that higher education would need 18 billion additional euros in the budget merely to return standards of education to where they were ten years ago in terms of staff-student
ratios
and the condition of buildings and equipment.
But, as the following chart shows, these countries also have some of the highest government spending- and taxation-to-GDP
ratios
in the OECD.
This will render meaningless EU-wide debt-management agreements, including the Stability and Growth Pact, which limits the overall deficit to 3% of GDP, and the 2012 “fiscal compact,” which stipulates that countries whose debt-to-GDP
ratios
exceed the 60% limit should reduce them by one-twentieth annually until they are in compliance.
Despite a grim environment, exports/GDP
ratios
have increased significantly in all four economies.
This causes GDPs to fall and debt
ratios
to rise, hurting the heavily indebted countries, which pay high risk premiums, more than countries with better credit ratings, because it renders the former countries’ debt unsustainable.
Rather than focus on budget deficits, we should concentrate on the denominator of debt-to-GDP
ratios.
In the OECD, many of the countries with the highest debt-to-GDP
ratios
– including Italy, Portugal, and Spain – ran relatively modest deficits, but failed to invest effectively in education, research, training, or well-designed welfare programs that facilitate economic adjustment.
Meanwhile, industrial countries’ overall debt/GDP
ratios
are continuing to grow.
On the other hand, a significant share of the growth in private debt
ratios
in recent years may be a result of the “formalization” of parts of the shadow banking system – a trend that would bode well for economic stability.
Emerging economies’ debt-to-GDP
ratios
are trending down toward 40%, while those of advanced economies are trending up toward 100%, on average.
In retrospect, it is clear that some of the countries were allowed to join prematurely, when they still had massive budget deficits and high debt-to-GDP
ratios.
Pupil-teacher
ratios
have also fallen.
Growth is essential to bringing down public debt/GDP ratios, and thus is a key part of fiscal stabilization.
Enrollment
ratios
in the Arab world have improved over the past decade, but Arab countries still have one of the lowest average net enrollment
ratios
in the developing world.
The debt-to-GDP
ratios
of France and Germany are well above 80%, which isn’t all that far below Italy’s – and far above Spain’s.
Beleaguered by pressures to finance their deficits, governments try to create conditions favorable to lenders by keeping inflation rates low and debt to income
ratios
stable.
Emerging economies thus should be working to constrain debt levels, though the extent to which this is needed depends on growth, as strong and resilient increases in GDP reduce leverage
ratios.
In fact, Greece will likely depend on concessional funding from official sources in the years ahead – funding that is conditional on reforms, not debt
ratios.
Instead of offering concessions, which could create long-term instability in the eurozone, Europe’s leaders must remain committed to creating strong incentives for all member states to maintain prudent fiscal policies capable of reducing public-debt
ratios
and restoring fiscal buffers against asymmetric shocks to the currency union.
As a result, markets have again started to measure GDP to include some probability of currency re-denomination, causing debt
ratios
to look much worse than those based on the certainty of continued euro membership.
None of this should divert attention from the need to achieve a balance between population growth, appropriate dependency
ratios
for countries at different stages of economic development, and the fight for women’s reproductive rights.
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