Contract
in sentence
825 examples of Contract in a sentence
First, we must update our social
contract.
Given that this is a legal question of
contract
definition and enforcement, it should be answered in the courts or arbitration tribunals, not by regulators.
The ledgers formed the basis of a social
contract
within these communities.
The Peruvian example suggests that governments can beat insurgents by severing their control over local communities’ rights and assets, which will always be established in a social
contract.
Beyond broad principles of international law – for example, that what matters for deciding an asset's post-divorce currency denomination are the law governing the underlying
contract
and the corresponding jurisdiction – there are no agreed rules for deciding how conversion into a new currency would be carried out.
French President Emmanuel Macron, to name one notable example, dedicated his own Davos speech to calling for a “true global contract.”
Most analysts forecast that GDP will
contract
in the first half of 2008 and recover in the second half of the year.
Thus, when the inflows stopped at the onset of the financial crisis, it became inevitable that GDP would
contract
by double-digit percentages.
Overly generous pension benefits are destabilizing public finances, compromising the intergenerational social contract, and fueling support for far-right populist movements.
The IMF initially projected that Greece’s real (inflation-adjusted) GDP would
contract
by around 5% over the 2010-2011 period, stabilize in 2012, and grow thereafter.
Securing these outcomes won’t be easy, because it will require a new social
contract
among governments, businesses, and civil society.
Nevertheless, economies continue to contract, unemployment to rise, and wealth to decline.
With a rapidly aging population and a shrinking workforce, tax revenue will contract, while expenditure on pensions and health care will expand, undermining the fiscal position.
Doing Business – the brainchild of, among others, my Harvard colleague Andrei Shleifer and Simeon Djankov, a World Bank staffer who later became Bulgaria’s finance minister – measures such indicators as the time and cost required to register a business, pay taxes, trade across borders, obtain a loan, get a construction license, or enforce a
contract.
According to the International Monetary Fund, the country’s GDP is poised to
contract
by more than 7% in 2015-2016.
More than ten million people
contract
the disease each year.
In exchange for extending the base agreement, Russia agreed to cut by 30% the price of gas that it sells to Ukraine, throwing out the January 2009
contract
signed by former Prime Minister Yulia Tymoshenko, which ended a 17-day gas crisis.
Indeed, the final price is similar to the 2009
contract.
In an economy unequipped for growth, household wealth relative to wages would soar, and the labor supply would shrink, causing employment to
contract.
The third lesson that the IMF was unable to apply in Greece is that austerity often leads to a vicious cycle, as spending cuts cause the economy to
contract
far more than it would have otherwise.
In the US, in particular, the “social contract” has long relied on employers to deliver unemployment insurance, disability insurance, pensions and retirement plans, worker’s compensation for job-related injuries, paid time off, and protections under the Fair Labor Standards Act.
The Rise of the “Petroyuan”SYDNEY/ITHACA – It is now just ten months since China launched its oil futures contract, denominated in yuan (renminbi), on the Shanghai International Energy Exchange.
The Chinese oil futures
contract
is, however, being taken seriously by multinational commodity traders (like Glencore) and is priced in a manner that is comparable to the Brent and WTI indices.
The launch of the oil futures
contract
can be anticipated to widen the scope for renminbi-denominated commodity trading.
This is reflected in the shift to promoting an oil futures
contract
traded in Shanghai, which represents a decisive break with China’s SDR-focused strategy.
If so, then Hollywood’s cartoon-like caricatures of evil multinational corporations may some day seize mainstream consciousness, leading to political upheavals that shatter today’s social
contract.
The key to softening the thorn, if not removing it altogether, may be to establish, at the national and EU levels, a social
contract
for economic migrants.
Currently, there are no long-term prospects after the expiration of a temporary
contract.
In order to achieve its inflation goal, the ECB may have to
contract
activity until workers are, in effect, beaten into submission.
Security of
contract
and strong mechanisms that protect investors are, in this view, foundational for finance, which in turn fuels economic growth.
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