They claim that because of the fungibility
of foreign aid, an increase in government income in the form of foreign aid will be crowded out by rent dissipation and misguided policy mistakes.
I will call this the question of fungibility
, the question of whether the aid is "fungible ...
The starting point for this paper is the belief that the reduction of limitations on the fungibility
and substitutability of Treasury securities can enhance liquidity and lead to higher prices for those securities.(68)
Finally, McPherson's and Schapiro's equations included many other independent variables which, given the nature of their multiple regression analysis, may have been misspecified for purposes of testing fungibility
There is little evidence of increased fungibility
of illquid assets (as there is, for example, in the UK), though future consumption functions may need to take account of the apparently recent proliferation of mortgage accounts which reduce the cost of equity withdrawal from homes.
Section 2 briefly reviews the fungibility
hypothesis while Section 3 develops an econometric model to explain the allocation of expenditures by Pakistan among defense, public non-defense, private investment, and private consumption goods and services, and the impact of U.
Building on the Hyde and Helms Amendments, abortion opponents have used fungibility
primarily as a cudgel against organizations--both internationally and domestically--that receive U.S.
The Deloitte report states that given the fungibility
of world oil markets, a disruption in Middle East oil supplies will reverberate back to the US domestic market regardless of whether the region remains a major source of crude imports or not.
IDRs were issued by the bank into ordinary shares under the partial two way fungibility
programme, which was originally announced on 29 April last year.
But more important, it also fails to consider the costs of abandoning the unique work's resistance to the leveling implications of fungibility
, a resistance that in fact prevents it from being smoothly absorbed into the identi-tarian logic of capitalist exchange.
The first is by Stefan Leiderer on 'The Fungibility
Problem: Budget Support, Aid on Delivery or Project Aid?'.
Moreover, in areas such as the fungibility
of capital and management responses to extreme stress scenarios, groups will have to work across international or U.S.