Formal
in sentence
1020 examples of Formal in a sentence
In the eurozone, imbalances in competitiveness and fiscal positions – which were not noted during the perfunctory check, based on
formal
criteria, that was conducted before approving new members – led to a protracted economic crisis.
Building on the ASEAN defense ministers’ meeting, a
formal
dialogue between the defense ministers of eight key countries – China, Japan, South Korea, India, Australia, New Zealand, Russia, and the US – will run in parallel with the ARF.
SOEs may also use the unregulated shadow banking system to re-lend at higher interest rates the cheap money they receive to private businesses, which cannot borrow reliably from the
formal
banking system.
Whereas the interest rate of a one-year loan in the
formal
banking system is around 5%, the average one-year interest rate in the Wenzhou shadow banking market (to cite one example) was around 16% in November.
But Liang did not commit to such a
formal
arrangement.
North Korea would be expected to give up its nuclear weapons and place its nuclear material under international safeguards in exchange for
formal
security assurances, energy resources, and a range of political and economic benefits.
This time, the Kremlin has stuck its finger in the West’s eye over the long and painful effort to bring Kosovo to
formal
independence.
In addition, the government should organize on a regular basis
formal
events with expats and exploit their ideas and experience to promote innovation, entrepreneurship, and the growth of key industries.
For these reasons, barring any last-minute diplomatic indelicacies, the APEC Summit is likely to represent the start of a
formal
thaw in Sino-Japanese relations.
But now Britain is suspected of exploiting the Irish question to insinuate a detailed “political declaration” about future relations into the
formal
exit agreement.
It is a great pity that
formal
negotiations with Iran have been stalled since 2005 amid Western demands that Iran suspend all of its enrichment-related activities.
That is why today’s emerging markets are so much less productive than rich countries were in 1960, even though the latter were less urban, had higher birth rates and less
formal
schooling, and used much older technologies.
Al-Shabaab justifies its brutal behavior with a deeply twisted ideology that combines a crude distortion of Islam with a Khmer Rouge-style embrace of radical agrarian-based autarky and murderous contempt for those with
formal
education.
Moreover, India’s new rural employment guarantee scheme, just two years old, is not only employing millions of the poorest through public financing, but also is bringing tens of millions of them into the
formal
banking system, building on India’s digital networks.
A
formal
debt restructuring is often offered as an alternative to ineffective supranational and national fiscal frameworks.
In Iraq, sectarian power-sharing will remain less formal, and compromise won’t come easily to many of the country’s elected leaders.
In a largely intergovernmental EU, smaller coalitions could be an effective governance tool and mitigate the veto power that currently exists in
formal
EU meetings.
At the end of a speech in the Lok Sabah, the lower house of India’s parliament, Singh issued his
formal
invitation.
None attends public school, and the Greek government has yet to allow them access to any of the
formal
education programs that were established for asylum seekers.
A minority government might be formed by the CDU and the CSU without the
formal
participation of other parties.
Effective governance is possible under various
formal
arrangements.
If dying bees do not inspire
formal
guidelines about how the sky should be shared, let us hope that empty space will.
Because contracts are linked with each other, one default can trigger an avalanche of broken promises, “[making] it possible to destroy virtually the entire web of
formal
and informal contracts which the market system requires for its functioning.”
This web of contracts – often taken for granted in mainstream economics, to the extent that it becomes almost invisible – embodies the
formal
and informal rules embedded in the market system that shape and constrain individual and social behavior.
This means that we should view the economy and society not as rigid hierarchies or mechanical markets, but as networks or webs of life, in which contracts,
formal
and informal, fulfilled or violated, are the essence of human activity.
Even if every single member of the Bundestag agreed to transfer part of its fiscal sovereignty to a European-level institution, such a decision could still be made only through a
formal
referendum.
The study of social choice as a
formal
discipline first came into its own in the late eighteenth century, when the subject was pioneered by French mathematicians, particularly J. C. Borda and Marquis de Condorcet.
Scrutiny of the
formal
reasoning that establishes the theorem shows that relying only on the preference rankings of individuals makes it difficult to distinguish between very dissimilar social choice problems.
At a time when change happens at lightning speed, there is a perception that
formal
rule-making is too slow to keep up.
But the predictable rules that
formal
processes produce remain critical to reinforce the stability required for sustained prosperity.
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