Documente Academic
Documente Profesional
Documente Cultură
%DVHVGHFRQILDQ]D
\GHVFRQILDQ]D
VRFLDO
,QYHVWLJDGRUDUHVSRQVDEOH(GXUQH%DUWRORP
3HUDO
,QYHVWLJDGRUHV)HOL[$UULHWD)UXWRV
&LQWD*XLQRW9LFLDQR
/E&KZD>WZKzdK/</>
/
/</>
&
& W '
,h
h
, h
W
K
>
h ,
,
>
& ^
>
W
&
h^EE
K D ,
K
D
>
dE
,
>
>
h &
& >
>
y > ,
^
>
>
d
h
,
Z W D t
dWW^y/y
h
W
W
E
d
d
d
> ^
>
h
W
,
K
h>,>
h
&
h
>
^
y W
^
K
>
K
E W
W Z W
W
h
&
d W
>
^ ^ ^^
s^ts^
E t
^
^
^
^^
^ ^ W
h
'
W
' : E z h
h ,
K
<
h
^ &
^ s /
s h
t
,
>
,
,
,
,
,>
,>
D
>
>
>
h
h
^
D
D
W
E
W
&
K
z
>
Z^h>dK^>Eh^d
d^yK
s
^
D
,
>
D
dE/KE>/
s
W
W
dKE//MEZ>/'/K^
s
W
E
>
W
^
W
d
s
d
d'EdE>YhWh^KE&/ZE
s
^
d'EdE>YhWh^KE&/Z'
s
>
>>>
>
>
>
h
>
^
^
W
>>
s
^
>
d
W
>
>
s
W
dWZ/KZ/E>^K>dZ:KEdZWZ^KE^E/KE>^z
ydZE:Z^
s
>
K
W
>
W
^
d/DWKZdE/>Z>/'/ME
s
/
Z
>
^
dWZd/Z>/'/K^
s
>
dWK^//MEWK>1d/
s
W
W
d
K
E>/^/^>^s/Hd^^/dh/KE>^
d>
/
,
D
>
Z s>
Z Z>
Es
EZ
/>
/>
D
,
EZ
W
,
EZ
W
K
D
Z
E
D
/
S
S
E
ZD>Z^
D >
D D z
>
Z
^
^
^
d
W
h
> Z
W
d
>
z
>
W
h
>
^
>
/>/K'Z&1Z&ZE/
$/(6,1$ $ /$ )(55$5$ ( 3DUWLFLSDWLRQ LQ +HWHURJHQRXV &RPPXQLWLHV 4XDUWHUO\ -RXUQDO RI
(FRQRPLFV
$/(6,1$$ /$)(55$5$(:KR7UXVWV2WKHUV"-RXUQDORI3XEOLF(FRQRPLFV
$//3257*7KH1DWXUHRI3UHMXGLFH5HDGLQJ0$$GGLVRQ:HVOH\
$86385*.+,1=7\/,(%,*6&RPSOH[LW\/HDUQLQJ(IIHFWVDQG3ODXVDELOLW\RI9LJQHWWHVLQ)DFWRULDO
6XUYH\VSDSHUSUHVHQWDGRHQHO&RQJUHVR$6$
%$80$1=&RQILDQ]D\WHPRUHQODFLXGDG9LYLUFRQH[WUDQMHURV%DUFHORQD$UFDGLD
&/$<721 - 7KLQNLQJ VSDWLDOO\ WRZDUGV DQ HYHU\GD\ XQGHUVWDQGLQJ RI LQWHUHWKQLF UHODWLRQV 6RFLDO
&XOWXUDO*HRJUDSK\
'(/+(<-$1'1(:721.:KRWUXVWV"7KHRULJLQVRIVRFLDOWUXVWLQVHYHQVRFLHWLHV%HUOLQ:=%
'(/+(<-DQ\1(:721.HQQHWK6RFLDOWUXVW*OREDOSDWWHUQRU1RUGLFH[FHSWLRQDOLVP"%HUOLQ:=%