But while there's little question that the yuan is significantly undervalued, it's not the main explanation for the fact that consumption makes up such a small (and declining) fraction of Chinese G.D.P. (The shrinking importance of consumption can be seen in this pair of remarkable charts).
We propose, first, a reduction or a write-off on the sovereign officially held Greek debt that is sufficient to ensure that Greece's entire sovereign debt becomes a constant or declining fraction of G.D.P. Second, we call for sizable, front-loaded official financing to ensure that Greece can signal credibly its debt repayment capacity over the medium term.
Although billions of advertising dollars migrated to TV from newspapers and magazines, only a fraction -- indeed, a still declining fraction -- of that money has been devoted to the pursuit and analysis of important news.
As we lowered the dilution rate and the growth-rate declined, the fraction of cells that remained in the G1 phase of the cell cycle increased similarly in both IRE1+ and ire1Δ cells (Fig. 4 and Fig. S3).
For example, the increase in α-linolenic acid (18 3, LA) levels in Nicotiana tabacum cells due to the overexpression of the ω-3 fatty acid desaturases FAD3 and FAD7 enhances tolerance to drought stress [ 77], whereas non-tolerant plants decline their fraction of 18 3 [ 78].
In addition, the ejection fraction (EF) showed a declining trend.
Such growth proved unsustainable, and by mid-decade sales had declined to a fraction of their previous levels.
But the new work found methane emissions from natural gas production had declined as a fraction of production from 8% in the mid-1980s to around 2% in the late 2000s and early 2010s.
Not only has its share price declined to a fraction of its prior valuation, but the firm is also under siege from its shareholders.
Wal-Mart, Kohl's and Costco Wholesale have felt some squeeze as well, but their margins have declined by only a fraction of a percentage point as consumers have become more cost-conscious in a stalled economy.
