Formal
in sentence
1020 examples of Formal in a sentence
Because a
formal
bankruptcy regime for governments does not exist (though Anne Krueger, the International Monetary Fund’s then-deputy managing director, proposed one more than a decade ago), countries have had to rely on a market-based approach to resolve excessive debt problems.
Either super-CACs need to be designed and introduced (though it will take years to include them in all new bond contracts) or the international community may want to reconsider whether the 2002 IMF proposal for a
formal
bankruptcy court for sovereign borrowers should be resurrected.
Another billion or so are engaged in subsistence farming, and therefore don’t register in
formal
wage statistics.
Strengthening the rule of law and ensuring compliance with
formal
rules will require more transparency and the elimination of opaque extra-market factors in private-sector competition.
Among China’s 140 million migrant workers, 80% have only nine years or less of
formal
education – far short of what high-income countries require.
In a 2012 working paper, Levy draws a crucial distinction between
formal
and informal firms, and their respective productivity.
Yet afew facts are incontestable:Srebrenica was a UN protected zone, a Muslim enclave in a Serb-held region;When the Bosnian Serbs, under General Ratko Mladic, occupied the town, the Dutch Battalion, though obviously outnumbered, did not oppose the military Serb action: such opposition was also not in its
formal
mandate -- after all, the Dutch were supposed to be "neutral";Dutch officers were present when the Serbs gathered together the Muslim civilian population of Srebrenica and separated the men from women and children, taking the men away; the Dutch did not object, nor did they try to confront the Serb forces with the idea that what they were doing is unacceptable;It is obvious that the Dutch Battalion could not militarily stop the Serbs from doing what they were doing; yet there are always other options besides shooting -- or washing your hands and doing nothing.
His analysis shows that if, for example, the Indian state of Rajasthan were to copy other states and waive
formal
loans for land holders with less than two hectares, this would cost 117.4 billion rupees ($1.7 billion).
However, only 15% of the most marginal farmers (those with less than one hectare of land) have access to
formal
credit, so a loan waiver does little to help the poorest.
It overlooks the potential benefits of some maturity transformation, and it ignores the practical enforcement challenge – the potential for bank-like credit and money creation to flourish outside the
formal
banking system.
In addition, there would be no
formal
prohibition of NATO membership for Ukraine – or for any other country in the Russian periphery.
Whenever manipulation efforts fail, cyber-attacks offer yet another powerful tool to crack down on dissent without triggering public accusations of
formal
censorship.
Sending money to some countries is now allowed only through
formal
banking channels, and this has created virtual monopolies while also preventing remittance money from reaching rural areas where banks don’t operate.
Between those two poles is a host of possible compromises that would leave Britain an informal partner of the EU, even if no longer a
formal
member.
A
formal
consultative mechanism will have to be set up between the Atlantic Alliance and Russia, possibly in the framework of a NATO Moscow treaty, as has been suggested by the European Union.
The mini-bus taxis developed in response to severe shortcomings in the country’s public transport system, one characterized by high prices, low-quality service, and a chaotic operating network, but they operate entirely outside of
formal
laws and regulations.
But malfunctioning
formal
institutions do not mean that there are no functioning structures at all.
In these societies, the social order is predominantly shaped by informal agreements rather than
formal
laws and regulations.
Moreover, some informal institutions based on longstanding cultural traditions lead to discrimination and violation of human rights, while undermining the authority of
formal
institutions like the judiciary, police, or military.
But, while no one can definitively say that he would not ultimately have to stand trial in the US, no
formal
extradition request has been issued.
Lee did that, with the PAP supplying what a full
formal
system of public accountability would have provided.
The European Commission asked for comments, and its
formal
position is that it is considering them along with the reports.
In the absence of
formal
enforcement powers, the pragmatic alternative is to develop mechanisms for monitoring implementation of standards on an ongoing basis, and to incorporate systematic, impartial peer reviews.
This would enable to FSB to hire the best possible talent, receive funding from governments, and enter into more
formal
arrangements with other international bodies in order to carry out its responsibilities more effectively.
Fighting the FedCAMBRIDGE – The US Federal Reserve is battling with members of Congress over a proposed law, the Federal Reserve Accountability and Transparency Act, that would require the Fed to use a
formal
rule to guide monetary policy.
Reflecting the fear that the Fed’s current policy of sustained low interest rates will lead to higher inflation, the law would require the Fed to adopt a
formal
procedure for setting its key short-term interest rate, the “federal funds rate.”
The Fed no doubt fears that if the principle of requiring a
formal
rule is accepted, Congress could tighten the requirement, forcing a more restrictive monetary policy.
With average employment growth of 10.4% per year, the
formal
private sector partly compensated for the SOE layoffs from 1995 to 2004.
In March, the United Kingdom will likely invoke Article 50 of the Treaty of Lisbon, triggering the
formal
procedure for withdrawal from the EU.
Crowds are the opposite of organizations; rather than being dominated by rigid hierarchies, they are often led by individuals with no
formal
rank.
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