Examples of 'formal economy' in a sentence
Meaning of "formal economy"
Formal economy refers to the legal and regulated sector of economic activity. It includes businesses, organizations, and transactions that are recognized and monitored by the government, and contribute to the official calculations of a country's Gross Domestic Product (GDP). The formal economy typically involves activities such as formal employment, taxation, and following specific regulations
How to use "formal economy" in a sentence
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formal economy
Sectors of the formal economy and transforming.
Some are shared by workers in the formal economy.
From the informal economy to the formal economy.
Include all entrepreneursin the formal economy.
All countries have a formal economy and an informal economy.
Insufficient job creation in the formal economy.
The informal economy became as large as the formal economy.
A large population was not in the formal economy.
This is called informal economy running parallel to formal economy.
It exists separately from the formal economy.
Women within the formal economy tend to be undervalued and marginalised.
Tens of thousands of jobs in the formal economy were lost.
The formal economy is therefore chiefly contained within the hands of males.
Few enterprises in the formal economy are run by women.
Proportion of young people going to work in the formal economy.
See also
Shift from black and informal economy to formal economy.
Men predominate in all divisions of the formal economy.
Not participating in the formal economy brings its fair share of trouble.
Now the country is moving towards formal economy.
As well as employment in the formal economy and that in the informal economy.
Policies to promote the transition to the formal economy.
The informal economy is also worth one third of the formal economy.
Integrating it into the formal economy.
Much of what increases when formal economy continues to grow is a type of social cancer.
Is not a deviation of the formal economy.
In many countries the informal economy is bigger than the formal economy.
The full integration of women into the formal economy.
They can be brought into the formal economy if the business climate is improved.
Integrate the small scale minors in the formal economy.
They are largely excluded from the formal economy and have only limited access to education.
Percentage of young people finding work in the formal economy.
Outside the formal economy.
Incorporation of informal sector activities into the formal economy.
Those which operate in both the formal economy and the black economy and.
Promote the integration of SMEs into the formal economy.
Governments can encourage entrepreneurs to join the formal economy by providing a more welcoming business environment.
Funds which do not reach circuits of the formal economy.
But moving into the formal economy is not only about respecting tax and labour laws.
This is just the formal economy.
It concerns activities that are not included in the official statistics of the formal economy.
Encourage the formal economy.
Participants in the funded pension system are persons employed in the formal economy.
Trade agreements tend to favour the formal economy over informal trade.
Ii those businesses or individuals that operate entirely outside the formal economy.
Positive incentives for joining the formal economy would also be needed.
Continue efforts to integrate the informal sector into the formal economy.
It would also work to integrate the informal economy into the formal economy.
Young people hurt most by insufficient employment opportunities in the formal economy.
First, the informal economy is defi ned in opposition to the formal economy.
Participate in the formal economy.
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Examples of using Formal
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He presides over formal sittings of his chamber
Informal consultations are held prior to formal deliberations
Employment in the formal and informal sectors
Examples of using Economy
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The grocery store economy is very volatile
An economy that is now at its full potential
Their contribution to economy can not be ignored
