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As anticipated, the financing pillar contains other indicators as well, which would contribute to understanding whether there are equity measures in place.
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It'd also be a boon to the insurers whose job it is to worry about construction site safety and project management — and whose venture arms are providing some of the financing for Pillar.
Industry executives adamantly oppose the proposal, saying it would dry up capital for mortgage financing by removing a pillar of security for investors.
Finally, the pillar of financing relates to the public and private investment in the ECEC system.
The second pillar was financed by employees' contributions (11% of gross taxable income), which financed the PAYG or individual capitalization scheme (Rofman 2000).
Provision, regulation and financing are the three pillars of the institutional setting of early childhood education and care.
While finance will remain a pillar of a well-functioning economy, it's unlikely that banking will survive for long in its current form.
China will host the G20 Summit in September and its leadership has made "green finance" one of the pillar issues of its presidency.
Indeed, Nobel Prize-winning economist Merton Miller, a pillar of orthodox finance, recently told me that behavioral finance was little more than "a lot of so-called anomalies searching for a theory".
Solyndra declared bankruptcy in September, costing 1,100 workers their jobs and putting in jeopardy the public money that was a central pillar of its financing.
Yet if Mr. Putin and Mr. Medvedev are to invoke the lessons of the past in dealing with Russia's alcohol epidemic, they need to look more broadly at the dubious historical role of alcohol as a pillar of state finance.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com