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UNESCO: Participation Programme

These organizations typically construct formal mechanisms that are designed as conduits for making operational the ideas of the visionary.

FORBES: Magazine Article

The ECCC, which was established by both the United Nations and Cambodia, became operational in 2006, but the first formal hearings took place in fall of last year.

CNN: U.N. chief calls for justice in Cambodia

And yet, despite their inherent fuzziness and lack of "significant operational content", despite the lack of formal checks on banks' internal procedures for coming up with these rates, Euribor and Libor are the benchmark for pricing transactions worth trillions of dollars.

BBC: Inconvenient truths about Libor