Contract
in sentence
825 examples of Contract in a sentence
That is easy to say, but governments, individually and collectively, are still struggling to redefine the terms of that
contract.
The Ifo Institute has forecast that GDP will
contract
by 2.2% in 2009.
But, though some governments have no choice but to cut inequality-reducing programs, and others may find it more politically expedient to change the distribution of income than to enforce efficiency, much can be done to improve the cost-effectiveness of public spending before reneging on a social
contract.
Simply put, gains in capital productivity are not being translated into higher median incomes, a breach of the social
contract
on which liberal economies rest.
Put another way, how can we construct a new social
contract
for the digital age?
The answer is something deeper than because they are enumerated in a
contract
among people who found it practical to articulate and guarantee their rights.
Of course, the Universal Declaration takes the form of a
contract
or covenant, like hundreds of thousands of other laws or regulations.
Since September, this new market has traded the Eurozone’s Harmonized Index of Consumer Prices, or HICP – a
contract
that traders call the “hiccup.”
Inflation futures appear to be gaining hold in part because the new
contract
is traded on an efficient electronic market (the Globex system) that allows futures contracts to get going without the initial splash that is required by open-outcry pit-based futures markets.
Many people believe that anyone who commits such a crime has already reneged on the social
contract.
Amazon’s Mechanical Turk (named after the eighteenth-century chess-playing machine which actually had a person cleverly hidden inside) is an example of a new platform that allows buyers to
contract
very small specific tasks (for example, programming or data transcription) at third-world wage rates.
No
contract
can specify every eventuality.
From the mid-1980s to the early 1990s, they introduced both the “rural household responsibility system” and the “enterprise
contract
responsibility system” for state-owned enterprises (SOEs).
More recently, the incomplete
contract
approach has also been used in the area of shadow banking.
Likewise, the enterprise
contract
system failed to move the SOEs to sustained profitability.
Their common approach is to enter into a real dialogue with the French people based on an understanding that the only viable basis for reform is a strong political
contract
between government and citizens.
Such recognition was part of the 1992 Yalta Agreement, which divided the Black Sea fleet, and of the 1997 leasing
contract
that allowed the fleet to remain in Sevastopol.
When firms or individuals
contract
with each other, agreements will be enforced (coercively, if necessary) by governments, and disputes will be settled by impartial judges.
Cunningly, Putin then strapped this apathy to the first shoots of post-Soviet economic growth in order to conclude a new social contract: he would raise living standards in exchange for ordinary Russians’ acceptance of severe limits on their constitutional rights and liberties.
Until recently, both sides adhered to this tacit
contract.
Thus, a new social
contract
is needed, especially as a new, post-Soviet generation of Russians has entered political life – a generation that has not been poisoned by the fear that decades of state terror in the USSR implanted in their forebears.
The International Monetary Fund’s latest forecast predicts that the world’s advanced economies will
contract
0.3% in 2009 – the first such shrinkage since the end of World War II.
Indeed, acknowledging that all must be equal in the eyes and practice of the law is a prerequisite for strengthening the social
contract
between the state and its citizens.
But the main appeal of debt is that it is a very simple contract: Either you pay the agreed amount or you don’t.
The telecom company AT&T paid Cohen as much as $600,000 as part of a similar consulting
contract.
This bank would also ensure that emissions trading did not run counter to the goal of remaining within the entire global budget, for example via the complete sale of unused emissions credits by individual developing countries at the beginning of the
contract
period.
Without a sense of social
contract
– a faith in shared progress – economies tend to become unstable and fall apart.
Constraining new credit would fuel a surge in defaults on bank loans and wealth-management products, and would cause investment to
contract
much more rapidly than consumption can feasibly grow.
Second, and more importantly, today’s social
contract
in Europe and many other rich countries incorporates a Machiavellian financial device that keeps young people loyal to the system.
To avoid an intergenerational clash, rich countries’ citizens should alter their social
contract
by increasing the influence of young people in society.
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