Such a conception presupposes that the steps are reversible (i.e., in this case, the convertibility of 'What does not twinkle is near' and 'What is near does not twinkle'), but with this assumption, there is a nice symmetry between analysis and synthesis.
The metaphysics of the good, as it is conceived in the thesis of the convertibility of the good and being in the medieval doctrines of the transcendentals, was central in the early elaboration of the doctrine.
The goal set forth by the authorities of the Institution in relation to the first Strategic Foresight exercise, was to envision the scope and the potential of the new macroeconomic scheme applied in Argentina now that the convertibility economic model that had pegged the national currency to the American dollar (sustained for more than a decade, between 1991 and 2002) had been abandoned.
His tone was more optimistic than some other state media outlets' with regards to London's potential post-Brexit financial clout, pointing out that as the world's largest foreign exchange centre the city is "expected to play a major role in the international convertibility of the yuan".
At the end of December, in a climate of severe political and social unrest, the country partially defaulted on its international obligations; in January 2002, it formally abandoned the convertibility regime.
The yield component limits downswings in the price of the security, and the convertibility means investors get a chance to participate in stock price gains.
In March 1991 we began to draft the convertibility plan, which was designed without enthusiasm or encouragement from the IMF and, in fact, with some opposition from it.
Brazil is actually better suited to benefit from a currency board than Argentina was in 1991, when it decided to launch the convertibility plan.
One of the main suspects is the Convertibility Law that Argentina adopted in 1991, a modified currency board system that pegged the peso to the dollar one to one.
