independent evaluation of ifc's development results 2009: knowledge for private sector development

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    KBC Kolbpbolbot Bvehuetkio Criup

    Kolbpbolbot Bvehuetkio ia KADs Lbvbhipgbot Vbsuhts

    NOISHBLCBAIVZVKQE\BTBD\IVLBQBHIZGBO\

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    \MB SIVHL FEON CVIRZ

    SIVNKOC AIV E SIVHL AVBB IA ZIQBV\[

    \mb Sirhl Feon Criup diosksts ia stvb kostktutkios tmb Kotbroetkioeh Feon air Vbdiostrudtkio

    eol Lbvbhipgbot (KFVL)> Kotbroetkioeh Akoeodb Dirpiretkio (KAD)> tmb Kotbroetkioeh

    Lbvbhipgbot Essidketkio (KLE)> tmb Guhtkhetbreh Kovbstgbot Cuereotbb Ecbody (GKCE)>eol tmb Kotbroetkioeh Dbotbr air tmb Tbtthbgbot ia Kovbstgbot Lksputbs (KDTKL). Kts gksskio

    ks ti akcmt pivbrty air hestkoc rbsuhts eol ti mbhp pbiphb mbhp tmbgsbhvbs eol tmbkr

    bovkriogbot fy privklkoc rbsiurdbs, smerkoc noiwhblcb, fukhlkoc depedkty, eol airckoc

    pertobrsmkps ko tmb pufhkd eol prkvetb sbdtirs.

    \MB KOLBZBOLBO\ BQEHRE\KIO CVIRZ

    BOMEODKOC LBQBHIZGBO\ BAABD\KQBOBTT \MVIRCM B]DBHHBODB EOL

    KOLBZBOLBODB KO BQEHRE\KIO

    \mb Kolbpbolbot Bvehuetkio Criup (KBC) ks eo kolbpbolbot, tmrbb-pert uokt wktmko tmb

    Sirhl Feon Criup. KBC-KAD kolbpbolbothy bvehuetbs KADs kovbstgbot pri`bdts eol

    Elvksiry Tbrvkdbs ipbretkios tmet suppirt prkvetb sbdtir lbvbhipgbot. KBC-Sirhl Feon ks

    dmercbl wktm bvehuetkoc tmb edtkvktkbs ia tmb KFVL (\mb Sirhl Feon) eol KLE, eol KBC-GKCE

    bvehuetbs tmb diotrkfutkios ia GKCE cuereotbb pri`bdts eol sbrvkdbs. KBC rbpirts lkrbdthy

    ti Sirhl Feon Criups Fierls ia Lkrbdtirs tmriucm tmb Lkrbdtir-Cbobreh, Bvehuetkio.

    \mb ciehs ia bvehuetkio erb ti hbero arig bxpbrkbodb, ti privklb eo if`bdtkvb fesks air

    essbsskoc tmb rbsuhts ia tmb Sirhl Feon Criups wirn, eol ti privklb eddiuotefkhkty ko

    edmkbvkoc kts if`bdtkvbs. KBC sbbns ti kgprivb Sirhl Feon Criup wirn fy klbotkaykoc eol

    lkssbgkoetkoc hbssios hberobl arig bxpbrkbodb eol fy aregkoc rbdiggboletkios lrewo

    arig bvehuetkio stolkocs.

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    Kolbpbolbot Bvehuetkio iaKADs Lbvbhipgbot Vbsuhts

    6::;

    Noiwhblcb air Zrkvetb Tbdtir Lbvbhipgbot

    K O L B Z B O L B O \ B Q E H R E \ K I O C V I R Z

    6::;mttp0//www.kad.irc/kbc Sesmkoctio, L.D.

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    6::; Kotbroetkioeh Akoeodb Dirpiretkio (KAD)

    6565 Zboosyhveoke Evboub OS

    Sesmkoctio, L.D. 6: e wkol turfkob aerg ko tmb Roktbl Ttetbs. KAD Zmiti Dihhbdtkio.

    KTFO0 ;3=-:-=654-3;=1-=b-KTFO0 ;3=-:-=654-3;;2-:LIK0 5:.52;1/;3=-:-=654-3;=1-=

    Hkfrery ia Diocrbss Detehickoc-ko-Zufhkdetkio Lete mevb fbbo epphkbl air.

    Sirhl Feon KoaiTmip Kolbpbolbot Bvehuetkio CriupKAD

    B-gekh0 pkdJwirhlfeon.irc B-gekh0 EsnKBCJkad.irc

    \bhbpmiob0 6:6-

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    vkk Effrbvketkios

    kx Lbakoktkios ia Bvehuetkio \brgs

    xk Ednoiwhblcgbots

    xkkk Airbwirl

    xv Eveot-pripis

    xvkk Zrhici

    xkx Erefkd Airbwirl

    xxk Bxbdutkvb Tuggery

    xxvkk Vsug eoehytkqub

    xxxv Vbsugbo b`bdutkvi

    xhkkk Erefkd BxbdutkvbTuggery

    hk KAD Geoecbgbot Vbspiosb ti KBC-KAD

    hvkk Dmekrpbrsios Tuggery0 Diggkttbb io Lbvbhipgbot Baabdtkvbobss (DILB)

    hkx Elvksiry Zeobh Ttetbgbot

    5 5 Ttretbckd Diotbxt5 Criwkoc Zertkdkpetkio ia tmb Zrkvetb Tbdtir ko Lbvbhipgbot

    6 Chifeh Akoeodkeh Drksks

    < Kgphkdetkios air KAD

    2 Zert K0 Akoeodkoc Lbvbhipgbot

    3 6 Zbrairgeodb ia KAD Kovbstgbot Ipbretkios3 Zirtaihki Zettbro

    5: Zri`bdt Lbvbhipgbot Vbsuhts

    6: Kgpedt eol Kgphkdetkios ia tmb Chifeh Akoeodkeh Drksks

    63 Zert KK0 Noiwhblcb air Lbvbhipgbot

    6; 4 Zbrairgeodb ia KAD Elvksiry Tbrvkdbs6; Noiwhblcb, Lbvbhipgbot, eol tmb Zrkvetb Tbdtir

    45 Criwtm ia KAD Elvksiry Tbrvkdbs eol Ttretbckd Diosklbretkios

    42 Irceokzetkioeh Ehkcogbot ia Elvksiry Tbrvkdbs

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    12 < Diodhuskios eol Vbdiggboletkios12 Diodhuskios

    13 Vbdiggboletkios

    1; Eppbolkxbs

    35 E0 Zri`bdt Tegphb VbprbsbotetkvbobssKovbstgbot Ipbretkios34 F0 Zri`bdt Bvehuetkio GbtmilihicyKovbstgbot Ipbretkios

    3; D0 Aurtmbr Lbtekhs io Vbsuhts DmeredtbrkstkdsKovbstgbot Ipbretkios

    =5 L0 Vksn-El`ustbl Bxpbdtbl Lbvbhipgbot Iutdigb Vbcrbsskio0

    Gilbh Tpbdkakdetkio, Eoehysks, eol Zrbhkgkoery Vbsuhts

    =2 B0 Dmrioihicy ia KAD Elvksiry Tbrvkdbs

    =; A0 Elvksiry Tbrvkdbs Aedkhktkbs, fy Vbckio

    ;5 C0 Zri`bdt Tegphb VbprbsbotetkvbobssElvksiry Tbrvkdbs

    ;2 M0 Zri`bdt Bvehuetkio GbtmilihicyElvksiry Tbrvkdbs

    ;3 K0 Akolkocs arig KAD-Diggksskiobl Vbvkbws ia KAD Elvksiry Tbrvkdbs

    5:5 @0 Mkcm-Hbvbh Digperksio ia KAD Elvksiry Tbrvkdbs wktm Itmbr Guhtkhetbreh

    Lbvbhipgbot Feons

    552 Boloitbs

    565 Fkfhkicrepmy

    Fixbs56 6.5 Miw Erb Zri`bdt Lbvbhipgbot Iutdigbs Vetbl9

    54 6.6 KAD Kovbstgbot Iutdigb Vetkoc

    54 6.4 Khhustretkios ia Mkcm eol Hiw Zri`bdt Lbvbhipgbot Iutdigbs

    5< 6.< Gbesurkoc KAD Sirn Uuehkty

    65 6.2 Zri`bdts uolbr Kgphbgbotetkio ko tmb Liwoturo Erb Gist Quhobrefhb ti

    tmb Drksks

    25 4.5 Miw Libs KADs Lbhkvbry Eppriedm Digperb wktm \met ia Itmbr

    Lbvbhipgbot Kostktutkios924 4.6 Miw Ks Lbvbhipgbot Baabdtkvbobss Vetbl9

    2< 4.4 Smet Libs Ttrioc Elvksiry Tbrvkdbs Lbvbhipgbot Zbrairgeodb Hiin Hknb9

    22 4.< Khhustretkios ia Hiw Lbvbhipgbot Kgpedt

    15 4.2 Khhustretkios ia KAD Ellktkioehkty

    16 4.1 Miw Ks KAD Ellktkioehkty Vetbl9

    Akcurbs6 5.5 Ttriocbr Criwtm Mes Cbobrehhy Fbbo Essidketbl wktm Kodrbesbl Zrkvetb

    Depkteh Ahiws

    6 5.6 Noiwhblcb Edduguhetkio Ks Nby air Auturb Zriludtkvkty

    4 5.4 Criwkoc Tmerb ia Feon Criup Akoeodkoc ti tmb Zrkvetb Tbdtir

    4 5.< Feon Criup Noiwhblcb Tbrvkdbs Erb Kodrbeskochy Ekgbl et tmb ZrkvetbTbdtir

    = 6.5 KADs pbr Dhkbot Bxpisurb Mes Liufhbl ko tmb Hest \bo [bers

    ; 6.6 KAD eol Sirhl Feon KLE Ipbretkios Kodrbesbl ivbr A[:1A[:=

    ; 6.4 KAD Mes Gelb Rp e Mkcmbr Tmerb ia Guhtkhetbreh Lbvbhipgbot Feon

    Akoeodb ko Eske, GBOE, eol HED

    5: 6.< Zri`bdt Lbvbhipgbot Iutdigbs eol KAD Kovbstgbot Vbturos Kgprivbl ko

    tmb Hest \mrbb [bers

    55 6.2 Kgprivbgbot ko 6::1:= Aihhiwbl Mkstirkdehhy Sben Zbrairgeodb ko

    6::

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    55 6.1 Diuotry Fuskobss Dhkgetb Vksn Kgprivbl ko Gist Vbckios

    56 6.3 KAD Sirn Uuehkty Kgprivbl Eceko

    52 6.= Ttrioc KAD Sirn Uuehkty Deo Mbhp Dhkbots Ivbrdigb Vksn

    52 6.; Ttrioc Ellktkioehkty Ks Kgpirteot air Baabdtkvb Vksn Gktkcetkio

    52 6.5: Fbttbr Vetkocs Eceko ko Buripb eol Dbotreh Eske eol ko Hetko Egbrkdeeol tmb Derkffbeo

    51 6.55 KAD Epprekseh Uuehkty eol Vbehkzbl Ellktkioehkty Sbrb Gudm Sbenbr ko

    Best Eske eol tmb Zedkakd eol ko Tuf-Temereo Earkde

    51 6.56 Bxtbroeh Vksns Sbrb Mkcmbst ko Tuf-Temereo Earkde

    53 6.54 Zbrairgeodb Ses Ttrioc ko KADs Ttretbckd Tbdtirs

    5= 6.5< Bovkriogboteh eol Tidkeh Baabdts Zbrairgeodb Sbenbobl ko 6::=

    5= 6.52 Bovkriogboteh eol Tidkeh Baabdts Zbrairgeodb Mes Lbdhkobl Tmerphy air

    Akoeodkeh Kotbrgblkery Ipbretkios

    5; 6.51 Zri`bdt Lbvbhipgbot Iutdigbs eol KAD Zriaktefkhkty Sbrb Ttriochy Dirrbhetbl

    6: 6.53 Io e Duguhetkvb Fesks, Mkcm/Mkcm Iutdigbs Sbrb Edmkbvbl Meha tmb \kgb

    65 6.5= Fbst Vbsuhts Smbo KAD Kovbstgbots Sbrb Gelb ko tmb Senb ia e Drksks

    62 6.5; Chifeh eol Vbckioeh Kovbstgbots \bol ti Zbrairg Hbss Sbhh \meo Tkochb-Diuotry Kovbstgbots

    46 4.5 Vepkl Criwtm ko Elvksiry Tbrvkdbs Ipbretkios eol Tteaa

    46 4.6 Tbvboty-Tbvbo Zbrdbot ia Elvksiry Tbrvkdbs Tteaa Erb Fesbl ko tmb Akbhl

    4< 4.4 Eddbss ti Akoeodb Ks tmb Hercbst Fuskobss Hkob

    4< 4.< Mkcmbst Tmerb ia Ipbretkios Ks ko Tuf-Temereo Earkde

    43 4.2 Lbhkvbry Ttrudturb air KAD Elvksiry Tbrvkdbs Zri`bdts ko Earkde

    4; 4.1 Diuotry Essksteodb Ttretbckbs Zrivklb Hkgktbl Divbrecb ia Itmbr

    Noiwhblcb Zrivklbrs

    4; 4.3 Lksdusskio ia Edtkvktkbs eol Digphbgboterktkbs wktm Itmbrs ko Zri`bdt

    Epprivehs Ks Sben

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    2= 4.66 Dhkbot Diggktgbot0 Fbttbr Vetkocs Smbo Dhkbot Diotrkfutbl

    2; 4.64 Zri`bdt Kgphbgbotetkio0 Hideh Zrbsbodb Ks Essidketbl wktm

    Fbttbr Vbsuhts

    2; 4.6< Mkcmbr Vihb & Diotrkfutkio, Fbttbr Vetkocs

    2; 4.62 Fbttbr G&B Uuehkty, Fbttbr Vetkocs1: 4.61 Tkgkher Zbrairgeodb air Zri`bdts \met Fbceo fbtwbbo Zbrkils 6::4:2

    eol 6::1:=

    1: 4.63 Thkcmthy Hiwbr Zbrairgeodb air Vbdbothy Digphbtbl Ipbretkios

    \efhbs= 6.5 Gbtmilihickbs Bgphiybl fy KBC ti Bvehuetb KAD Kovbstgbot Ipbretkios

    5: 6.6 KAD \bolbl ti Kovbst ko Diuotrkbs wktm Hiwbr Zrkir Hbvbhs ia Airbkco

    Lkrbdt Kovbstgbot ti CLZ

    66 6.4 Ko Ercbotkoe, Zbrairgeodb Abhh Lregetkdehhy es tmb Fuskobss

    Bovkriogbot Lbtbrkiretbl

    62 6.< Tbhbdtbl Hbssios arig Vbckioeh eol Chifeh Kovbstgbots

    4: 4.5 Gbtmilihickbs Bgphiybl fy KBC ti Bvehuetb KAD Elvksiry Tbrvkdbs42 4.6 KADs Geko Elvksiry Tbrvkdbs Dhkbot Ks Civbrogbot

    42 4.4 Civbrogbot Dhkbots Zrbligkoetb air Fuskobss Boefhkoc Bovkriogbot

    eol Koarestrudturb Sirn

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    EFFVBQKE\KIOT

    E6A Eddbss ti Akoeodb (fuskobss hkob)ELF Eskeo Lbvbhipgbot FeonEaLF Earkdeo Lbvbhipgbot FeonET Elvksiry TbrvkdbsFBB Fuskobss Boefhkoc Bovkriogbot (fuskobss hkob)DE Dirpiretb Elvkdb (fuskobss hkob)DIK Dioahkdt ia kotbrbstLEOKLE Leoksm Kotbroetkioeh Lbvbhipgbot EcbodyLAKL Lbpertgbot air Kotbroetkioeh LbvbhipgbotB&T Bovkriogbot eol seabcuerlsBFVL Buripbeo Feon air Vbdiostrudtkio eol LbvbhipgbotBKF Buripbeo Kovbstgbot FeonBVV Bdioigkd retb ia rbturoBTT Bovkriogboteh eol Tidkeh Tustekoefkhkty BTS Bdioigkd eol sbdtir wirnALK Airbkco lkrbdt kovbstgbotAK Akoeodkeh kotbrgblkery AKET Airbkco Kovbstgbot Elvksiry TbrvkdbsAVV Akoeodkeh retb ia rbturo

    A[ Aksdeh yber CLZ Criss ligbstkd priludtKFVL Kotbroetkioeh Feon air Vbdiostrudtkio eol LbvbhipgbotKLE Kotbroetkioeh Lbvbhipgbot EssidketkioKLF Kotbr-Egbrkdeo Lbvbhipgbot FeonKBC Kolbpbolbot Bvehuetkio CriupKAD Kotbroetkioeh Akoeodb DirpiretkioKGA Kotbroetkioeh Giobtery AuolKOA Koarestrudturb (fuskobss hkob)KT Kovbstgbot TbrvkdbsK\ Koairgetkio tbdmoihicy G&B Gioktirkoc & bvehuetkio

    GLF Guhtkhetbreh lbvbhipgbot feonGKCE Guhtkhetbreh Kovbstgbot Cuereotbb EcbodyZDV Zri`bdt Digphbtkio VbpirtZBZ Zrkvetb Botbrprksb ZertobrsmkpZTL Zrkvetb sbdtir lbvbhipgbotVEBLI Vksn-El`ustbl Bxpbdtbl Lbvbhipgbot IutdigbTGB Tgehh- eol gblkug-skzbl botbrprksb\E \bdmokdeh essksteodb

    v k k

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    k x

    LBAKOK\KIOT IA BQEHRE\KIO \BVGT

    Kovbstgbot ipbretkios0

    Digpeoy0 \mb botkty kgphbgbotkoc tmb pri`bdt eol, cbobrehhy, KADs kovbstgbotdiuotbr-perty. Air akoeodkeh gernbts ipbretkios, kt rbabrs ti tmb akoeodkehkotbrgblkery (ir auol geoecbr), es lkstkodt arig kts pirtaihki iaKAD-akoeodbl suf-pri`bdt digpeokbs.

    Ipbretkio0 KADs if`bdtkvbs, edtkvktkbs, eol rbsuhts ko genkoc eol elgkokstbrkoc ktskovbstgbot.

    Zri`bdt0 \mb digpeoy if`bdtkvbs, depkteh kovbstgbots, auolkoc pricreg, eolrbhetbl fuskobss edtkvktkbs fbkoc pertkehhy akoeodbl fy KADs kovbstgbotsbhbdtbl air bvehuetkio.

    Bxegphb0 \mriucm tmks ipbretkio KAD privklbl $22 gkhhkio air tmb digpeoys$5:: gkhhkio dbgbot geouaedturkoc bxpeoskiopri`bdtko tmb airg ia e$6: gkhhkio E-hieo, e $4: gkhhkio F-hieo arig diggbrdkeh feons eol e$2 gkhhkio bqukty kovbstgbot.

    Akoeodkeh gernbts Ehh pri`bdts wmbrb tmb digpeoy ks e akoeodkeh kotbrgblkery ir akoeodkehpri`bdts0 sbrvkdbs digpeoy, kodhulkoc ecbody hkobs eol prkvetb bqukty kovbstgbot

    auols.

    Oio-akoeodkeh gernbts Ehh itmbr pri`bdts> sigbtkgbs rbabrrbl ti es rbeh-sbdtir pri`bdts.pri`bdts0

    Elvksiry Tbrvkdbs ipbretkios0

    Iutdigbs ia Iutdigbs rbabr ti kgphbgbotetkio ia rbdiggboletkios ir elvkdb.ET ipbretkios0

    Kgpedts ia Kgpedts rbabr ti tmb dmeocbs tmet iddurrbl aihhiwkoc tmbET ipbretkios0 kgphbgbotetkio ia rbdiggboletkio.

    Bxegphb0 Eo ET ipbretkio rbdiggbolbl tmet tmb diuotry egbol tmb hbeskochew ti kodirpiretb fbst predtkdb ko skgkher gernbts ko tmb rbckio.Iutdigbtmb diuotry egbolbl tmb hbeskoc hew ko eddirleodb wktmtmb rbdiggboletkio.Kgpedttmb hbeskoc kolustry fbdegb ettredtkvbti pitbotkeh spiosirs es bvklbodbl fy obw digpeokbs tmet wbrbbstefhksmbl aihhiwkoc tmb egbolgbot ia tmb hbeskoc hew.

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    x k

    Ednoiwhblcgbots

    \mks rbpirt wes prbperbl fy e tbeg hbl fyLeokbh Dreftrbb, lrewkoc upio rbsberdm eoldiotrkfutkios arig Eoe Fbhbo Ferfbkti, OkdmihesFurnb, Rour`erceh Lbgfbrbh, Mkriyunk Mete-

    smkge, Nrks Mehhfbrc, Fbete Hboerl, Gerke BhboeZkochi, Ttbpmbo Zkrizzk, Dmbrkeo Tegubh, eolKzhbg [bokdb. Visbgerkb Zboe eol Geryhiu Neg-Dmbioc privklbl cbobreh elgkokstretkvb sup-pirt ti tmb stuly tbeg. Mbhbo Dmko blktbl tmbrbpirt air pufhkdetkio> Tkl Blbhgeoo, TioeZeoe`yeo, eol Tmuoehkok Terner geoecbl ktspriludtkio eol lkssbgkoetkio.

    \mb bvehuetkio wes priludbl uolbr tmb cukl-eodb ia Ttiyeo \bobv, Mbel ia Gedri Bvehuetkio,KBC-KAD, eol Egkteve Feobr`bb, Geoecbr, KBC-KAD> eol uolbr tmb ivbrehh hbelbrsmkp ia Gervko

    \eyhir-Lirgiol, Lkrbdtir, KBC-KAD.

    \mb rbpirt fbobaktbl sufsteotkehhy arig tmb dio-strudtkvb elvkdb eol abblfedn arig geoy steaaet KAD, eol ehsi arig e ougfbr ia KolbpbolbotBvehuetkio Criup (KBC) dihhbecubs ko KAD, tmb

    Sirhl Feon, eol GKCE. Zbbr rbvkbw wes privklblfy Frudb Gurrey eol Okhs Aistvblt.

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    x k k

    K O L B Z B O L B O \ B Q E H R E\ K I O I A K A D T L B Q B H I Z G B O \ V B T R H\ T 6 : : ;

    Lkrbdtir-Cbobreh, Bvehuetkio, Sirhl Feon CriupQkoil \miges

    Lkrbdtir, KBC-KAD Gervko \eyhir-Lirgiol

    Mbel ia Gedri Bvehuetkio Ttiyeo \bobv

    \esn Geoecbr Leokbh @egbs Dreftrbb

    Ttuly \beg

    Bvehuetkio Iaakdbr Mkriyunk Metesmkge

    Bvehuetkio Iaakdbr Dmbrkeo Tegubh

    Bvehuetkio Eoehyst Kzhbg [bokdb

    Diosuhteot Rour`erceh Lbgfbrbh

    Diosuhteot Nrks Mehhfbrc

    Zricreg Essksteot Geryhiu Neg-Dmbioc

    Zricreg Essksteot Visbgerkb Zboe

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    x k k k

    Airbwirl

    K

    AD mes fbbo uolbrcikoc treosairgetkio ia fitm kts kovbstgbot eol elvk-siry sbrvkdbs ipbretkios ko rbdbot ybers. Ko pertkduher, e smerp criwtm ko ktsElvksiry Tbrvkdbs (ET) ks dmeockoc tmb oeturb ia tmb irceokzetkio. KAD oiw

    mes girb steaa ko tmb akbhl air ET tmeo air Kovbstgbot Tbrvkdbs (KT), kts trelktkioehdirb fuskobss.

    Kolbpbolbot Bvehuetkio ia KADs Lbvbhipgbot

    Vbsuhts 6::; tenbs stidn ia tmb lbvbhipgbot pbr-airgeodb ia KADs kovbstgbot ipbretkios, eol bx-egkobs, air tmb akrst tkgb, tmb lbvbhipgbotbaabdtkvbobss ia kts ETtmus iaabrkoc tmb akrst mi-hkstkd rbvkbw ia KADs lbvbhipgbot rbsuhts. Io KT,tmb rbpirt akols tmet 36 pbrdbot ia ipbretkiosrbedmkoc berhy ipbretkoc geturkty fbtwbbo 6::1

    eol 6::= gbt ir bxdbblbl tmbkr akoeodkeh, bdi-oigkd, bovkriogboteh, eol sidkeh fbodmgerns,eol gelb diotrkfutkios ti prkvetb sbdtir lbvbh-ipgbot fbyiol `ust tmb pri`bdt. \mks ks e skcokak-deot kgprivbgbot ivbr tmb 14 pbrdbot edmkbvblfbtwbbo 6::2 eol 6::3. Gbeowmkhb, 3: pbrdbotia ET ipbretkios rbvkbwbl fbtwbbo 6::1 eol 6::=edmkbvbl mkcm lbvbhipgbot baabdtkvbobss retkocs.Fut tmbsb lbvbhipgbot rbsuhts li oit ybt rbahbdttmb smerp lbtbrkiretkio ko chifeh bdioigkd dio-lktkios, wmkdm mes ust oiw fbcuo ti eaabdt tmb bdi-oigkd bovkriogbot ko gist lbvbhipkoc diuotrkbs.

    Bxpbrkbodb succbsts tmbrb erb diosklbrefhb rksnsti lbvbhipgbot rbsuhts fut drksbs deo ehsi iaabr obwippirtuoktkbs tmet obbl ti fb crespbl. Zri`bdts ep-privbl ko tmb ybers prkir ti e drksks wbrb efiut 52pbrdbot hbss hknbhy ti edmkbvb ciil rbsuhts tmeo itm-brwksb. Ko tmb wenb ia pest drksbs, kovbstkoc weshknbhy ti hbel ti fbttbr rbsuhts. Fut gbesurbs ti pri-tbdt tmb pirtaihki mevb tbolbl ti driwl iut tmbpriedtkvb pursukt ia obw ippirtuoktkbs ti frielbo

    kgpedt. \mks wkhh obbl ti dmeocb ko KADs rbspiosbti tmb durrbot drksks, si tmet tmb tboskio fbtwbbopritbdtkoc tmb pirtaihki eol rbspiolkoc ti ip-pirtuoktkbs deo fb baabdtkvbhy geoecbl.

    \mb rksns eol ippirtuoktkbs friucmt io fy tmb dur-rbot drksks bxtbol ti ET es wbhh. \mb drksks bxpisbsceps ko sustekoefhb fuskobss predtkdbs eol fuskobss

    rbcuhetkio chifehhy, tmus iaabrkoc KAD eo ippirtu-okty air crbetbr kgpedt ko tmbsb erbes. Fut ko irlbrti li si, fihl edtkios erb obblbl. KADs ET edtkv-ktkbsaubhbl fy lioir gioby eol KADs iwo auol-kocmevb criwo ko e hercbhy uodmbdnbl geoobr,rekskoc diodbros efiut tmb hioc-ruo sustekoefkhktyia tmb durrbot fuskobss gilbh. Vbdbot gbesurbserb kotbolbl ti koktketb e friel ET kostktutkioeh rb-ehkcogbot ekgbl et tednhkoc tmbsb dmehhbocbs.

    \mb gioktirkoc eol bvehuetkio (G&B) systbgair ET wes iohy kotriludbl ko 6::1. Oiobtmb-

    hbss, kt ks pisskfhb ti lksdbro sbvbreh pettbros kopbrairgeodb. Akrst, pri`bdt lbvbhipgbot baabd-tkvbobss mes fbbo striocbst ko Tiutmbro Buripbeol Dbotreh Eske, eol wbenbst ko Hetko Egbrkde eoltmb Derkffbeo. Tbdiol, rbsuhts wbrb skcokakdeothyfbttbr air koarestrudturb, fuskobss boefhkoc bo-

    vkriogbot, eol dirpiretb elvkdb ipbretkios,eol wbenbr ko tmb desb ia bovkriogboteh eolsidkeh sustekoefkhkty ipbretkiose pertkduher dio-dbro ko Earkde eol air KADs wirn wktm akoeodkeh

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    kostktutkios. \mkrl, nby lrkvbrs ia pbrairgeodbeppber ti fb0 diuotry diolktkios eol dhkbot dig-gktgbot> hideh prbsbodb eol iwobrsmkp> pri-creggetkd eppriedmbs, es ippisbl ti iob-iaa

    kotbrvbotkios> eol tmb quehkty ia KAD ellktkioeh-kty eol G&B. Ko tmks diotbxt, baabdtkvb prkdkoc iaET ks auolegboteh fbdeusb kt smiuhl privklb ko-dbotkvbs ti kgprivb ehh espbdts ia tmb ET fuskobss.

    \i bomeodb kts lbvbhipgbot baabdtkvbobss eolellktkioehkty (uokqub rihb eol diotrkfutkio), KADsmiuhl airguhetb eo ivbrehh stretbcy air kts elvk-siry sbrvkdbs, ellrbsskoc tmb obbl air e dhber

    vkskio eol fuskobss aregbwirn. Et tmb segb tkgb,kt gust pursub girb pricreggetkd ET kotbrvbo-tkios, kgprivb bxbdutkio ia tmb ET prkdkoc pihkdy,eol strboctmbo ET pbrairgeodb gbesurbgbot.

    x k v

    K O L B Z B O L B O \ B Q E H R E\ K I O I A K A D T L B Q B H I Z G B O \ V B T R H\ T 6 : : ;

    Qkoil \miges

    Lkrbdtir-CbobrehBvehuetkio

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    x v

    Eveot-pripis

    H

    KAD e dioou dbs lbrokrbs eoobs uob prkilb lb treosairgetkios, teotlu pikot lb vub lb sbs ipretkios lkovbstkssbgbot qub lb sbs edtkvktslb sbrvkdbs-diosbkh. He driksseodb repklb lb dbs lbrokrbs, bo pertkduhkbr,

    botreob uo dmeocbgbot lb oeturb lb hirceoksetkio. HKAD digptb lsirgekssur hb tbrreko phus lb pbrsioobh piur hbs sbrvkdbs-diosbkh qub piur hbs sbrvkdbslkovbstkssbgbot, quk tekbot trelktkioobhhbgbot sio dur lb gtkbr.

    Hb prsbot reppirt lu Criupb kolpboleot lve-huetkio prsbotb uo fkheo lbs rehksetkios lbsipretkios lkovbstkssbgbot lb hKAD eu sbrvkdb lulvbhippbgbot bt, piur he prbgkrb aiks, lb hba-akdedkt lb sbs sbrvkdbs-diosbkh, iaareot ekosk heprbgkrb epprdketkio chifehb lb se diotrkfutkio

    baabdtkvb eu lvbhippbgbot.

    Tecksseot lbs pri`bts lkovbstkssbgbot, kh bstdiostet qub 36 % lbs ipretkios pervboubs hbur rckgb lb drikskrb botrb 6::1 bt 6::= iot et-tbkot iu lpess hburs vehburs lb rarbodb akoeo-dkrbs, dioigkqubs, bovkrioobgbotehbs bt sidkehbs,bt iot diotrkfu eu lvbhippbgbot lu sbdtburprkv eu-lbh lu pri`bt priprbgbot lkt, db qukgerqub uob obttb eghkiretkio per reppirt eux14 % borbckstrs botrb 6::2 bt 6::3. Zerehhhbgbot,3: % lbs ipretkios lb sbrvkdbs-diosbkh bxegkobs

    botrb 6::1 bt 6::= sb siot vu ettrkfubr uob oitb hb-vb lu pikot lb vub lb hbur baakdedkt eu pheo lulvbhippbgbot. Geks dbs rsuhtets ob rbolbot pesbodirb digptb lb he crevb ltrkiretkio lbs diolk-tkios dioigkqubs giolkehbs, quk ob diggbodbqub gekotboeot rbtbotkr sur hb dhkget dioi-gkqub leos he phupert lbs peys bo lvbhippbgbot.

    Hbxprkbodb lioob pbosbr qub hbs rksqubs piurhbs rsuhtets lb lvbhippbgbot siot diosklre-

    fhbs, geks hbs drksbs pbuvbot eussk iaarkr lbs ip-pirtuokts oiuvbhhbs, qukh aeut sevikr bxphiktbr. Heprifefkhkt qub hbs pri`bts eppriuvs leos hbseoobs prdleot uob drksb priluksbot lbs r-suhtets setksaekseots bst lb 52 % bovkrio koarkburb db qubhhb bst piur hbs eutrbs. Kovbstkr leos he aiu-

    hb lb drksbs pessbs iaarb uob gbkhhburb prife-fkhkt lb fios rsuhtets. Geks hbs gbsurbs prksbspiur pritcbr hb pirtbabukhhb iot siuvbot piurbaabt lb suppheotbr he piursuktb lyoegkqub lip-pirtuokts oiuvbhhbs quk pbrgbttrekbot lherckrhkgpedt lbs pri`bts. Kh y e h uo espbdt qukh aeu-lre gilkakbr leos he geokrb liot hKAD reckre he drksb edtubhhb, lb geokrb fkbo crbr hbs tbo-skios botrb he pritbdtkio lu pirtbabukhhb bt hbpertk tkrbr lippirtuokts oiuvbhhbs.

    Hbs rksqubs bt hbs ippirtuokts ldiuheot lb he

    drksb edtubhhb tiudmbot cehbgbot hbs sbrvkdbs-diosbkh. He drksb gbt bo vklbodb lbs heduobsleos hb giolb botkbr, bo getkrb lb pretkqubsdiggbrdkehbs lurefhbs, lb redtkio piur ett-oubr hbs baabts lu dmeocbgbot dhkgetkqub bt lb r-chbgbotetkio lbs edtkvkts diggbrdkehbs, iaareotekosk hKAD uob iddeskio lb lvbhippbr sio kg-pedt leos dbs ligekobs. Geks piur y pervbokr, khaeulre lbs kotbrvbotkios merlkbs. Hbs edtkvkts lbdiosbkh lb hKAD, ehkgbotbs per hbs diotrkfutkios

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    lbs lioetburs bt sio akoeodbgbot priprb, sb siotlvbhippbs seos diotrhb piur uob fioob pert,db quk susdktb lbs priddupetkios piur he vkefk-hkt hioc tbrgb lu gilhb ledtkvkts edtubh.

    Lbs gbsurbs rdbotbs iot bu piur if`bt lbote-gbr uo rehkcobgbot kostktutkioobh lbs sbrvkdbs-diosbkh vkseot rbdtkakbr db quk likt htrb.

    Hb systgb lb sukvk bt lvehuetkio oe t kotri-lukt piur hbs sbrvkdbs-diosbkh qubo 6::1, geks khbst pisskfhb lb lcecbr phuskburs tboleodbs leoshbs rehksetkios. Zrbgkrbgbot, dbst bo Buripbgrklkioehb bt bo Eskb dbotrehb qub hbaakdedktlbs pri`bts eu pheo lu lvbhippbgbot e t he phusgerqub, bt dbst bo Egrkqub hetkob bt leos hbsDerefbs qubhhb e t he phus aekfhb. Lbuxkgb-

    gbot, hbs rsuhtets iot t obttbgbot gbkhhburspiur hbs pri`bts diodbroeot hkoarestrudturb, hkos-teuretkio luo delrb pirtbur piur hbs botrbprksbs,bt hbs diosbkhs eux sidkts, ehirs qukhs iot tgikos setksaekseots piur hbs ipretkios exbs surhe vkefkhkt bovkrioobgbotehb bt sidkehbdb quk bstpertkduhkrbgbot priddupeot bo Earkqub bt piur

    hbs edtkvkts i hKAD trevekhhb evbd lbs kostktutkiosakoeodkrbs. \rikskgbgbot, hbs prkodkpeux l-tbrgkoeots lbs rsuhtets sbgfhbot trb 0 hbs diolk-tkios leos hb peys bt hbocecbgbot lu dhkbot > hbs

    eppridmbs-pricreggbs, phutt qub hbs kotbrvbo-tkios piodtubhhbs > he quehkt lb he vehbur e`iutbper hKAD, bt lb sbs edtkvkts lb sukvk bt lvehue-tkio. Leos db diotbxtb, kh bst aiolegboteh qub hbprkx lbs sbrvkdbs-diosbkh sikt akx lb geokrb ba-akdedb, der dbhe lbvrekt kodktbr eghkirbr tius hbsespbdts lbs edtkvkts lbs sbrvkdbs-diosbkh.

    Ziur rboairdbr hbaakdedkt lb sio edtkio eu sbrvkdblu lvbhippbgbot bt se vehbur e`iutb (sio rhbbt sio diodiurs seos qukvehbot), hKAD lbvre l-akokr uob stretckb chifehb piur sbs sbrvkdbs-diosbkh,

    quk oiodb dhekrbgbot uob pbrspbdtkvb bt uosdmge ledtkvkt. Zerehhhbgbot, bhhb lbvre dmbr-dmbr kosdrkrb hbs kotbrvbotkios lbs sbrvkdbs-diosbkh leos uob lgerdmb phus chifehb lbpricreggb, eghkirbr hepphkdetkio lbs pihktkqubslb akxetkio lbs prkx lbs sbrvkdbs-diosbkh, bt rbo-airdbr he gbsurb lbs rehksetkios lb dbs sbrvkdbs.

    x v k

    K O L B Z B O L B O \ B Q E H R E\ K I O I A K A D T L B Q B H I Z G B O \ V B T R H\ T 6 : : ;

    Qkoil \miges

    Lkrbdtbur corehvehuetkio

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    x v k k

    Zrhici

    B

    o his htkgis eis, hes ipbredkiobs lb sbrvkdkis lb kovbrskiobs y lb esb-sire lb he KAD meo vbokli bxpbrkgboteoli treosairgedkiobs. Bo bs-pbdkeh, uo priouodkeli drbdkgkboti lb sus sbrvkdkis lb esbsire bst

    gilkakdeoli hes deredtbrstkdes lbh irceoksgi, qub dubote edtuehgbotb dio gsauodkioerkis lb sbrvkdkis lb esbsire sifrb bh tbrrboi qub his qub lbstkoe esu bsabre lb edtkvklel fskde trelkdkioeh0 his sbrvkdkis lb kovbrskiobs.

    Bo he prbsbotb Bvehuedko Kolbpbolkbotb lb hisVbsuhtelis lb Lbserrihhi sb pese rbvkste eh lb-sbgpbi lb hes ipbredkiobs lb kovbrskiobs lb heKAD bo trgkois lb lbserrihhi y sb bxegkoe, pirprkgbre vbz, he bakdedke bo trgkois lb lbserri-hhi lb sus sbrvkdkis lb esbsire, pir hi dueh sbiarbdb bh prkgbr bxegbo kotbcreh lb his rbsuhte-

    lis iftboklis pir he Dirpiredko bo trgkois lblbserrihhi.

    Dio rbspbdti e his sbrvkdkis lb kovbrskiobs, bo bhkoairgb sb diostete qub bh 36% lb hes ipbre-dkiobs qub hhbcerio e uo vbodkgkboti ipbretkvieotkdkpeli botrb 6::1 y 6::= dugphkbrio i bx-dblkbrio sus pergbtris lb rbabrbodke akoeo-dkbris, bdiogkdis, egfkbotehbs y sidkehbs, ydiotrkfuybrio eh lbserrihhi lbh sbdtir prkveligs ehh lbh priybdti, hi qub kgphkde uoe gb`ireskcokakdetkve dio rbspbdti eh 14% hicreli botrb6::2 y 6::3. Bo digperedko, bh 3:% lb hes ipb-redkiobs lb sbrvkdkis lb esbsire bxegkoelesbotrb 6::1 y 6::= hicrerio ehtes dehkakdedkiobs bodueoti e bakdedke bo trgkois lbh lbserrihhi. Oiifsteotb, bsis rbsuhtelis rbhetkvis eh lbserrihhieo oi rbahb`eo bh priauoli lbtbrkiri lb hes dio-lkdkiobs bdiogkdes guolkehbs, qub rbdko emiremeo digbozeli e eabdter eh botiroi bdiogkdilb he geyire lb his pesbs bo lbserrihhi.

    He bxpbrkbodke kolkde qub his rbsuhtelis bo tr-gkois lb lbserrihhi bsto bxpubstis e rkbscisdiosklbrefhbs, pbri hes drksks publbo tegfkoiarbdbr oubves ipirtuoklelbs qub bs prbdksieprivbdmer. He prifefkhklel lb qub his priybdtiseprifelis bo his eis qub prbdblkbrio e uoedrksks iftuvkbreo fubois rbsuhtelis aub ehrblblir

    lb 52% gboir qub he lb his rbsteotbs. Kovbrtkrlbspus lb hes drksks lbh peseli iarbdk geyirbsprifefkhklelbs lb iftbobr gb`irbs rbsuhtelis,pbri hes gblkles lbstkoeles e pritbcbr he dertbremeo tbolkli e lbsphezer he fsquble priedtkvelb oubves ipirtuoklelbs lb egphker bh kgpedti.Bsti tbolr qub degfker bo he rbspubste lb he KADe he drksks edtueh, pere pilbr geob`er bakdezgbotbhe tbosko botrb pritbddko lb he dertbre y rbs-pubste e hes ipirtuoklelbs.

    Dio rbspbdti e his sbrvkdkis lb esbsire, his rkbs-cis y ipirtuoklelbs qub pheotbe he drksks edtuehtegfko sb bxtkbolbo e bhhis. He drksks piob lb ge-okakbsti vedis bo pridblkgkbotis ipbredkioehbssistbokfhbs, gktkcedko lbh degfki dhkgtkdi yrbchegbotis lb obcidkis bo tili bh guoli, hiqub iarbdb e he KAD he ipirtuoklel lb susdkter uogeyir kgpedti bo bses bsabres. Zbri pere hicrerhisb rbqukbrbo gblkles euledbs. Bo creo gblkle,hes edtkvklelbs lb his sbrvkdkis lb esbsire lb he

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    KAD, ehkgboteles pir lkobri lb his lioeotbs yrbdursis akoeodkbris pripkis lb he KAD, meo eu-gboteli bo airge kodiotrihele, hi qub cbobreprbidupedkiobs edbrde lb he sistbokfkhklel e herci

    phezi lbh edtueh gilbhi lb edtkvklel. Hes gblk-les rbdkbotbs bsto lbstkoeles e piobr bo gerdmeuoe egphke rbehkobedko kostktudkioeh lb his sbr-

    vkdkis lb esbsire bodegkoele e medbr arbotb e bsislbseais.

    Bh skstbge lb sbcukgkboti y bvehuedko lb hissbrvkdkis lb esbsire rbdko sb kotrilu`i bo 6::1,pbsb e hi dueh bs piskfhb lksdbrokr verkes gilehk-lelbs lb lbsbgpbi. Zrkgbri, bh gs ehti okvbhlb bakdedke bo bh lbserrihhi lb priybdtis sb rbckstrbo hes rbckiobs lb Buripe gbrklkioeh y Eske dbo-

    treh, y bh gs fe`i bo he rbcko lb Egrkde Hetkoey bh Derkfb. Tbcuoli, his rbsuhtelis aubrio dio-sklbrefhbgbotb gb`irbs bo getbrke lb koarebs-trudture, diolkdkiobs pripkdkes pere his obcidkis

    y ipbredkiobs lb esbsire pere bgprbses, y gboissetksaedtirkis bo bh desi lb hes ipbredkiobs lbsistbokfkhklel egfkboteh y sidkeh, qub aubrio gi-tkvi lb bspbdkeh prbidupedko bo arkde y pere he

    hefir rbehkzele pir he KAD dio kostktudkiobs ak-oeodkbres. \brdbri, his skcukbotbs sio, eh perbdbr,aedtirbs lbtbrgkoeotbs dhevb lbh lbsbgpbi0diolkdkiobs lbh pes b klbotkakdedko lbh dhkbotb

    dio sus ipbredkiobs> utkhkzedko lb boaiqubs pri-cregtkdis, bo hucer lb kotbrvbodkiobs eksheles>dehklel lb he elkdkioehklel lb he KAD y lbh skstbgelb sbcukgkboti y bvehuedko. Bo bstb diotbxti bsauolegboteh he lbtbrgkoedko babdtkve lb prb-dkis lb his sbrvkdkis lb esbsire, qub prbvkskfhb-gbotb drber kodbotkvis pere gb`irer bo tilis susespbdtis hes edtkvklelbs pripkes lb his sbrvkdkislb esbsire.

    Zere hicrer geyir bakdedke bo trgkois lb lbserrihhiy elkdkioehklel (pepbh skocuher y diotrkfudko), he

    KAD lbfbre airguher uoe bstretbcke chifeh pere sussbrvkdkis lb esbsire, etbolkboli he obdbsklel lbuoe vksko y uo gerdi lb obcidkis gs dheris. Ehgksgi tkbgpi, lbfb treter lb rbehkzer gs kotbr-

    vbodkiobs lb sbrvkdkis lb esbsire pricregtkdes,gb`irer he b`bdudko lb he pihtkde lb prbdkis lbtehbs sbrvkdkis y airtehbdbr he gblkdko lbh lb-sbgpbi bo getbrke lb sbrvkdkis lb esbsire.

    x v k k k

    K O L B Z B O L B O \ B Q E H R E\ K I O I A K A D T L B Q B H I Z G B O \ V B T R H\ T 6 : : ;

    Qkoil \miges

    Lkrbdtir cbobrehlb Bvehuedko

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    x k x

    .

    36 =::6 6::1

    14

    3::6. 6::2

    :3

    6::1=::6

    .

    .

    .

    52

    .

    .

    .

    .

    .

    .

    .

    .

    .

    .

    .

    .

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    x x

    .6::1

    .

    .

    . 0

    .

    .

    ) (

    .

    .

    Qkoil \miges

    K O L B Z B O L B O \ B Q E H R E\ K I O I A K A D T L B Q B H I Z G B O \ V B T R H\ T 6 : : ;

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    x x k

    Bxbdutkvb Tuggery

    Ivbr tmb hest lbdelb, geoy lbvbhipkoc diuotrkbs mevb bxpbrkbodblstrioc bdioigkd criwtm, typkdehhy eddigpeokbl fy aehhkoc hbvbhs iapivbrty. \mb prkvetb sbdtir mes fbbo e nby diotrkfutir ti tmks criwtm,gekohy tmriucm obw depkteh kovbstgbot, fut ehsi tmriucm aistbrkoc kooivetkioeol botrbprbobursmkp, mbhpkoc ti drbetb `ifs, eol ipbokoc up obw gernbts.

    Lbvbhipkoc diuotrkbs wktm tmb mkcmbst hbvbhs iaprkvetb kovbstgbot eol tmisb tmet mevb gelb tmbfkccbst strklbs ko frklckoc noiwhblcb eol tbdm-oihicy ceps wktm tmb lbvbhipbl wirhlarigKolke ti tmb Fehtkd Ttetbsmevb cbobrehhy criwotmb qukdnbst.

    \mb durrbot chifeh akoeodkeh drksks phedbs geoy iatmbsb merl-wio cekos uolbr sbvbrb tmrbet. \mb drk-sks fbceo ko tmb lbvbhipbl wirhl, fut mes skodbsprbel ti tmb lbvbhipkoc wirhl, eol mes pertkd-uherhy eaabdtbl diuotrkbs wktm bdioigkbs girbdioobdtbl ti chifeh gernbts. Kgpirt lbgeolarig lbvbhipbl diuotrkbs ks aehhkoc, eol digpe-okbs ko lbvbhipkoc diuotrkbs, fitm hercb eol sgehh(pertkduherhy sgehh), mevb ehsi aiuol tmet auols airobw kovbstgbot mevb lrkbl up, ir mevb fbdigbgudm girb bxpboskvb eol girb lkaakduht ti if-teko. Zrkvetb depkteh ahiws ti lbvbhipkoc diuotrkbsko 6::; erb bxpbdtbl ti fb, et fbst, efiut meha tmbkr

    hbvbh ko 6::3 (ia $5 trkhhkio). Zest drksbs succbst tmetkt gey tenb sigb ybers air tmbsb ahiws ti rbturoti tmbkr prbdrksks hbvbhs. Girb cbobrehhy, tmb drksksmes hbl pihkdy genbrs eol eoehysts ti rbbvehuetbtmb rihb ia gernbts eol tmb prkvetb sbdtir, per-tkduherhy wmbrb tmb vehub ia baabdtkvb rbcuhetkio,prulbotkeh ivbrskcmt, eol akludkery geoecbgbot

    wes wriochy lbbgpmeskzbl ir kcoirbl.

    Ko tkgbs hknb tmbsb, KADs lueh rihb es e akoeodkbreol es e privklbr ia noiwhblcb (ticbtmbr wktm tmb

    Sirhl Feon) essugbs pertkduher kgpirteodb. Dio-dbrokoc tmb akrst rihb, KADs aiuolkoc ertkdhbs stetbtmet tmb Dirpiretkio smiuhl kovbst ko vkefhb prk-

    vetb sbdtir pri`bdts ko lbvbhipkoc diuotrkbs airwmkdm suaakdkbot prkvetb depkteh ks oit evekhefhb iorbesioefhb tbrgs.5 Ko sudm drksks tkgbs, tmb iousks io KAD ti regp up kts akoeodkoc baairts. FutKADs sbdiol rihb es e noiwhblcb privklbr (ti-cbtmbr wktm tmb Sirhl Feon) ks ehsi kgpirteot, per-tkduherhy es pihkdy genbrs eol elgkokstretirs aidusio fuskobss rbcuhetkios, ciil civbroeodb, eol tmbbovkriogboteh eol sidkeh sustekoefkhkty ia criwtm.KAD privklbs elvkdb tmet mbhps ti smepb tmb dio-lktkios air sustekoefhb prkvetb sbdtir lbvbhip-gbotair bxegphb, tmriucm prigitkoc girbbaabdtkvb rbcuhetkioeol ti bomeodb tmb deped-kty, snkhhs, eol fbmevkir ia edtirs kovihvbl wktmprkvetb sbdtir botbrprksb ko tmb akbhl (kodhulkoc ba-abdtkvb geoecbgbot ia tmb sidkeh eol bovkrio-gboteh baabdts ia prkvetb edtkvktkbs).

    \mksKolbpbolbot Bvehuetkio ia KADs LbvbhipgbotVbsuhts(KBLV) hiins et bedm ia tmbsb rihbs ko turo0KADs baabdtkvbobss ko akoeodkoc lbvbhipgbottmriucm kts criwkoc pirtaihki ia kovbstgbot ip-bretkios, wktm eo bgpmesks io KADs bxpbrkbodblurkoc prbvkius drksbs eol ko mbhpkoc dhkbots gkt-kcetb kovbstgbot rksns (Zert K)> eolair tmb akrsttkgb eol es tmb geko tmbgb ia tmks rbpirttmbDirpiretkios bxpbrkbodb irceokzkoc eol lbhkvbr-koc kts Elvksiry Tbrvkdbs (ET) kotbrvbotkios, tmet

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    ks, noiwhblcb sbrvkdbs tmb KAD privklbs ti bktmbrprkvetb digpeokbs ir civbrogbots ko suppirt iaprkvetb sbdtir lbvbhipgbot (Zert KK). Ko tbrgs iarbsuhts, tmb rbpirt aidusbs io KAD kovbstgbot ip-

    bretkios tmet rbedmbl berhy ipbretkoc geturkty fb-twbbo 6::1 eol 6::=, eol KAD ET pri`bdts wktmZri`bdt Digphbtkio Vbpirts lurkoc tmb segb pb-rkil. \mb rbvkbw ia ET lbvbhipgbot baabdtkvbobssdigbs wktm dbrteko devbets, ckvbo tmet tmb giok-tirkoc eol bvehuetkio systbg wes iohy kotriludblko 6::1, eol diosklbrkoc tmb iatbo koteockfhb oe-turb ia noiwhblcb treosgksskio. Oiobtmbhbss, tmbrbpirt, air tmb akrst tkgb, privklbs e digfkobl ed-diuot ia fitm ergs ia KADs fuskobsskovbst-gbots eol ETkodhulkoc sktuetkios wmbrb tmbsbkostrugbots mevb fbbo iaabrbl ti tmb segb dhkbot.

    \mb rbpirt ehsi digphbgbots e rbdbot KBC bveh-uetkio ia tmb baabdtkvbobss ia Sirhl Feon bdi-oigkd eol sbdtir wirn eol tbdmokdeh essksteodb,

    wmkdm wes digphbtbl ko 6::=.6

    Akoeodkoc LbvbhipgbotKADs pirtaihki ia kovbstgbot ipbretkios (hieos,bqukty, eol itmbr akoeodkeh priludts) diotkoubl ticriw ko tmb hest yber. \mb duguhetkvb vihugb iaedtkvb kovbstgbot edtkvktkbs kodrbesbl fy efiut equertbr, arig $46.3 fkhhkio ko aksdeh yber (A[) 6::3ti $ kk) girb ae-virefhb bdioigkd diolktkios ko gudm ia tmb lb-vbhipkoc wirhl (uotkh hetb 6::=, fy wmkdm tkgbgist bvehuetbl pri`bdts mel fbbo sufsteotkehhykgphbgbotbl)> kkk) kgprivbgbot ko KAD pri`bdt

    epprekseh eol strudturkoc quehkty> kv) tmb diosdkiusgivb fy KAD tiwerl hercbr pri`bdts, wmkdm mevbfbbo hknbhy ti edmkbvb mkcmbr retkocs tmeo sgehhbrpri`bdts, lub ko pert ti crbetbr kotbroeh sdrutkoy>eol v) bspbdkehhy strioc pbrairgeodb ko Buripbeol Dbotreh Eske, eol ko Hetko Egbrkde eol tmbDerkffbeo, wmbrb tmb ge`irkty ia geturb ipbre-tkios erb hidetbl. Ko tmbsb rbckios, fuskobss dio-lktkios wbrb gist suppirtkvb eol KAD wirn quehkty

    wes striocbst. Tiutm Eske bxmkfktbl kgprivkocpbrairgeodb, wktm mkcmbr KAD wirn quehkty tmeoko tmb pest.

    Zbrairgeodb heccbl diosklbrefhy ko Best Eske eoltmb Zedkakd, eol ko tmb gekohy hiw-kodigb GkllhbBest eol Oirtm Earkde, eol Tuf-Temereo Earkde

    wktm ferbhy meha ia tmb pri`bdts ko tmbsb rbckiosgbbtkoc ir bxdbblkoc spbdkakbl fbodmgerns eolsteolerls. Bxtbroeh diolktkios wbrb perthy rb-spioskfhbpri`bdts ko Tuf-Temereo Earkde eolGkllhb Best eol Oirtm Earkde cbobrehhy abeturblmkcm hbvbhs ia diuotry, spiosir, eol priludt dig-pbtktkvbobss rksnsfut tmb quehkty ia KADs wirn

    eol diotrkfutkio ti tmb pri`bdt tbolbl ti mevb ehercbr kgpedt. \mks wes bspbdkehhy tmb desb ko Best

    Eske eol tmb Zedkakd, wmbrb oberhy

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    eol bludetkio, kt wes fbttbr ko ecrkfuskobss, eolrbgekobl strioc ko koarestrudturb eol akoeodkehgernbts. Et tmb segb tkgb, pbrairgeodb heccbl kooiotbhbdigguokdetkios koairgetkio tbdmoihicy

    (siatwerb eol Kotbrobt). eolko iob desb, uosetksaedtiry bovkriogboteh dig-phkeodb. Bovkriogboteh eol sidkeh baabdts retkocs

    wbrb stefhb air rbeh sbdtir pri`bdts, fut rbgekoblwben ko akoeodkeh kotbrgblkery ipbretkios, rb-ahbdtkoc tmb obbl ti strboctmbo dhkbot depedkty eolsbdurkoc tmbkr diggktgbot, es wbhh es ellrbsskocsmirtaehhs ko KAD supbrvkskio eol ellktkioehkty.

    \mb lbvbhipgbot rbsuhts rbpirtbl efivb li oitybt rbahbdt tmb smerp lbtbrkiretkio ko chifeh bdi-oigkd diolktkios, wmkdm mes `ust oiw fbcuo tieaabdt kovbstgbot rbturos ko gist lbvbhipkocdiuotrkbs. \mb lbvbhipgbot rbsuhts rbpirtbl mbrbhercbhy rbahbdt pri`bdt bxpbrkbodb lurkoc 6::4:=,e pbrkil ia uoprbdblbotbl criwtm ko bgbrckocgernbts. Gist bvehuetbl pri`bdts mel fbbo suf-steotkehhy kgphbgbotbl, eol sigb mel fbbo dhisblfy hetb 6::= wmbo tmb drksks stertbl ti eaabdt tmblbvbhipkoc wirhl.

    \mb lbvbhipgbot rbsuhts ia geturkoc ipbretkioserb, miwbvbr, bxpbdtbl ti lbdhkob ko tmb digkoc

    ybers. Zest bvehuetkio smiws tmet pri`bdts ep-privbl ko tmb ybers prkir ti tmb drksks (eol fbkockgphbgbotbl lurkoc tmb liwoturo) erb gist etrksn arig e lbvbhipgbot pbrspbdtkvb. Epprixk-getbhy eol sbdiol, KAD ellktkioehkty. \mbhettbr ks pertkduherhy kgpirteot ko twi rbspbdts0

    k) ko edtkoc es eo miobst frinbr ko rbstrudturkocs>eol, kk) ko pursukoc e wbhh-tkgbl eol tercbtbl ep-priedm ti obw ipbretkios, pertkduherhy tmriucm tmbskcoehkoc baabdt KAD kotbrvbotkios deo privklb tiitmbr kovbstirs.

    Noiwhblcb air LbvbhipgbotKAD ET mevb fbbo criwkoc repklhy, wktm eo edtkvbpirtaihki eppriedmkoc $5 fkhhkio eol bgphiykoc5,616 steaa, e sbvboaihl kodrbesb ko tmb hest sbvbo

    ybers. Es e rbsuht, tmb oeturb eol aedb ia KAD mesdmeocbl skcokakdeothy0 ET steaa oiw genb up tmbge`irkty ia tmb Dirpiretkios prbsbodb ko tmbakbhl ko lbvbhipkoc diuotrkbs.2 \mb repkl criwtmia ET mes meppbobl ko e hercbhy uodmbdnbl geo-obr. \mks ks wbhh khhustretbl ko tmb bgbrcbodb iagirb tmeo 2: ET priludts, 5= rbckioeh aedkhktkbsdivbrkoc sbvbo rbckios, 54 chifeh fuskobss uokts,eol efiut meha ia ET wirn fbkoc diotredtbl iutti smirt-tbrg diosuhteots.

    Kgpirteot stretbckd qubstkios obbl ti fb el-lrbssbl. \mbsb kodhulb wmbtmbr, ko creatkoc sudm

    e sufsteotkeh noiwhblcb fuskobss ioti e akoeod-koc kostktutkio, KAD mes tmb eppriprketb feheodb iabaairts fbtwbbo ET eol Kovbstgbot Tbrvkdbs (KT)ti bosurb gexkgug lbvbhipgbot kgpedt. Uueh-kty trelb-iaas erb ehsi pisskfhb, ckvbo sufsteotkehirceokzetkioeh dmeocb, e mkcm rbhkeodb io rbhe-tkvbhy obw steaa (1: pbrdbot mevb fbbo wktm KAD hbsstmeo tmrbb ybers), eol iutsiurdkoc wirn tmriucmsigb 5,4:: smirt-tbrg diosuhteots bedm yber.\mbrb ks ehsi kodrbesbl pisskfkhkty ia dioahkdt ia ko-

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    tbrbst ir gernbt lkstirtkiowmbrb ET ks iaabrblticbtmbr wktm akoeodkoc, ir ks privklbl et hbsstmeo gernbt vehub.

    KAD lbphiys kts ET ko tmb pursukt ia cbobreh if-`bdtkvbs tmet erb diggio wktm tmisb air KAD ko-vbstgbots. \mbsb if`bdtkvbs kodhulb aiduskoc ioariotkbr gernbts (kodhulkoc Kotbroetkioeh Lbvbh-ipgbot Essidketkio, ir KLE, diuotrkbs eol ario-tkbr rbckios ia oioKLE diuotrkbs, es wbhh es TGBseol ecrkfuskobss), stretbckd sbdtirs, sudm es ak-oeodb, koarestrudturb, mbehtm, eol bludetkio, eolsuppirt air bovkriogboteh eol sidkeh susteko-efkhkty (kodhulkoc dhkgetb dmeocb). \mb ehhidetkioia ET rbsiurdbs mes fbbo hercbhy ehkcobl wktmtmbsb prkirktkbs. \met ks, KAD ET mes cbobrehhy ter-

    cbtbl mkcm-obbl lbstkoetkios, sudm es KLE diuo-trkbs eol Earkde ko pertkduher.

    Vbhbveodb, miwbvbr, libs oit cuereotbb kgpedt.Akaty-twi pbrdbot ia KADs ET pri`bdts, wmbrb ret-kocs diuhl fb esskcobl, wbrb retbl mkcm ioedmkbvbl lbvbhipgbot kgpedt. Zri`bdts retbl suf-steotkehhy mkcmbr io itmbr lkgboskios ia pbr-airgeodb, sudm es stretbckd rbhbveodb, iutput,eol iutdigb edmkbvbgbot, wktm eo ivbrehh lbvbh-ipgbot baabdtkvbobss suddbss retb ia 3: pbrdbot.Vetkocs lkl oit dmeocb skcokakdeothy air pri`bdtstmet fbceo fbairb (es ippisbl ti pri`bdts koktketbleatbr) tmb ge`ir irceokzetkioeh dmeocbs ko 6::2/:1.Fy rbckio, retkocs mevb fbbo sufsteotkehhy fbttbrko Tiutmbro Buripb eol Dbotreh Eske, eol wbenbrko Hetko Egbrkde eol tmb Derkffbeo. Bvehuetblchifeh pri`bdts ehsi lkl oit pbrairg wbhh. Fy fusk-obss hkob, wmkhb tmb verketkio ko rbsuhts ks hbss pri-oiuodbl tmeo fy rbckio, koarestrudturb, fuskobssboefhkoc bovkriogbot, dirpiretb elvkdb, eol ed-dbss ti akoeodb tbol ti pbrairg fbttbr tmeo bo-

    vkriogboteh eol sidkeh sustekoefkhkty.

    Nby lrkvbrs ia rbsuhts mevb fbbo dhkbot diggkt-gbot (es bvklbodbl fy diotrkfutkio ti pri`bdtdists eol bspbdkehhy si air bovkriogboteh eol si-dkeh sustekoefkhkty pri`bdts), strioc pri`bdt lbskcoeol kgphbgbotetkio, KADs prixkgkty ti tmb dhkbotes lbakobl fy KADs hideh prbsbodb eol kovihvb-gbot, pricreggetkd (retmbr tmeo iob-iaa) kotbr-

    vbotkios, eol baabdtkvb G&B. Ttrioc ellktkioehkty

    mes fbbo auolegboteh air edmkbvkoc rbsuhts, eolmes fbbo pertkduherhy oitkdbefhb egioc fuskobssboefhkoc bovkriogbot ipbretkios ko KLE diuotrkbs

    wktm mkcm fuskobss dhkgetb rksn, eol ko sigb pedn-

    ecbs ia sbrvkdbs, sudm es TGB hkonecb pri`bdts koecrkfuskobss, geouaedturkoc eol bxtredtkvb sbd-tirs. Tudm pedneckoc reksbs pitbotkeh dioahkdts iakotbrbst, wmkdm gust fb tednhbl baabdtkvbhy, eolobbls eppriprketb prkdkoc. Kotrkoskd diostrekots kodepturkoc tmb kgpedt ia ET erb digpiuolbl fytmb rbhetkvbhy wben epphkdetkio ia G&B cuklbhkobsti letb fy KAD steaa.

    Ivbr tmb hest akvb ybers, KADs geoecbgbot mestenbo edtkio ti bomeodb kts ET baabdtkvbobss tmriucmbaairts ti strboctmbo ET irceokzetkioeh ehkcogbot

    eol lbhkvbry pridbssbs. Baairts ti frkoc crbetbrstrudturb eol dherkty kodhulb0 detbcirkzkoc ET ed-tkvktkbs koti akvb fuskobss hkobs> diosihkletkoc sigbchifeh eol rbckioeh aedkhktkbs> dhesskaykoc priludtsfy hbvbh ia geturkty> lbvbhipkoc ET steaa digpb-tbodkbs> ET trekokoc> eol bstefhksmkoc eo ET vkdbprbsklbody. KADs ettbotkio ti tmb lbhkvbry ia ETmes aidusbl io bstefhksmkoc gbdmeoksgs eol sys-tbgs ti bosurb0 elbquetb, sustekoefhb auolkoc>dhkbot diggktgbot> siuol pri`bdt lbskco eol kg-phbgbotetkio> eol rifust G&B ia pbrairgeodb.KADs baairts ko tmbsb erbes eppber ti digperb ae-

    virefhy wktm gbesurbs tenbo fy itmbr guhtkhetbrehlbvbhipgbot feons, air bxegphb, ko tmb kotri-ludtkio ia e prkdkoc pihkdy (wmkdm frielhy sbbns tifukhl dhkbot diggktgbot eol rbludb pisskfhb ger-nbt lkstirtkio fy hkgktkoc eoy sufsklkbs ti pufhkdciils), eol eo G&B systbg, wmkdm sbbns ti dep-turb iutdigbs eol kgpedts, es ippisbl ti ust iut-puts. \mb gigbotug ia treosairgetkio diotkoubs

    wktm tmb rbdbot kotriludtkio ia obw pihkdkbs, pri-dblurbs, eol cuklbhkobs rbhetbl ti prkdkoc, dioahkdtia kotbrbst, auolkoc, eol civbroeodb.

    \mb priabsskioehkzetkio ia ET, miwbvbr, rbgekose wirn ko pricrbss eol skcokakdeot irceokzetkioehkssubs stkhh pbrskst0 ivbrheppkoc eol perehhbh kg-phbgbotetkio strudturbs ko sbvbreh rbckios (Tuf-Temereo Earkde, Best Eske eol tmb Zedkakd, eol Tiutm

    Eske)> abw wbhh-bstefhksmbl priludts iutsklb iaakoeodb eol koarestrudturb> hedn ia dherkty efiutmiw ET eol KT erb fbst kotbcretbl ko lkaabrbot

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    diotbxts> hkgktbl diosklbretkio ia KADs digper-etkvb elveotecbs rbhetkvb ti itmbr noiwhblcb sbrv-kdb privklbrs et tmb stretbckd eol pri`bdt hbvbhs>eol oi ugfrbhhe ET stretbckd aregbwirn ti wbevb

    lkaabrbot streols ticbtmbr.

    \mbrb erb ehsi sufsteotkeh ceps ko lbhkvbry tmetobbl ti fb ellrbssblpertkduherhy ko getdmkocdirpiretb kotbot wktm dioskstbot kgphbgbotetkioio tmb criuol. \mks epphkbs wktm rbspbdt ti tmbbxbdutkio ia tmb prkdkoc pihkdy, es wbhh es bosur-koc ciil quehkty pri`bdt lbskco eol kgphbgbo-tetkio, eol baabdtkvb dihhefiretkio wktm itmbredtirs, kodhulkoc tmb Sirhl Feon. Cbttkoc tmbrkcmt steaakoc gkx mes fbbo e pertkduher dmehhbocb,

    wktm e mbevy rbhkeodb io smirt-tbrg diosuhteots

    eol rbhetkvbhy obw steaa (es digperbl ti tmisb ko-vihvbl wktm kovbstgbot ipbretkios). \mb dmisbogkx mes ge`ir kgphkdetkios air tmb quehkty eoldiotkoukty ia KADs ET, eol tmb prbsbrvetkio iachifeh noiwhblcb hbelbrsmkp. Et ehh stecbs ia lb-hkvbry, G&B lete privklbl fy steaa eol smirt-tbrgdiosuhteots (ko pertkduher) mes rbgekobl uorbhk-efhb. Vbhetblhy, KAD-diggksskiobl rbvkbws ia ETaedkhktkbs, priludts eol pri`bdts, wmkhb iaabrkockoskcmts koti tmb irceokzetkio eol lbhkvbry ia ET,mevb bxmkfktbl smirtdigkocs ko kolbpbolbodbeol lbskco.

    Dmerckoc baabdtkvbhy air KADs ET ks pbrmeps tmbgist kgpirteot stbp cikoc airwerl. Baabdtkvbhydmerckoc dhkbots air sbrvkdbs wkhh kotriludb e ger-nbt tbst air ET eol ks hknbhy ti mevb e pisktkvb kg-pedt io ehh espbdts ia tmb fuskobss, sudm es drbetkockodbotkvbs air0 crbetbr dhkbot fuy-ko, striocbr pri`-bdt lbskco eol kgphbgbotetkio, striocbr G&B,lbvbhipgbot ia priludts tmet fbst gbbt lbgeol,eol bosurkoc KAD ellktkioehkty. Ko tmb kggblketbtbrg, KAD wiuhl obbl ti strkdthy kgphbgbot tmb

    durrbot prkdkoc pihkdy, wmkdm ks hercbhy dist-fesbl(k.b., tmb prkdb tmb dhkbot ks bxpbdtbl ti pey ks e pri-pirtkio ia tmb dist ia tmb pri`bdt). Ivbr tkgb,baairts smiuhl fb gelb ti givb ti e gernbt vehub-fesbl eppriedm ti prkdkoc, si tmet KAD libs oitruo tmb rksn ia driwlkoc iut itmbr noiwhblcbprivklbrs. KAD kovbstgbots erb prkdbl eddirlkoc titmks prkodkphb air tmb segb rbesio. \mb durrbot bdi-oigkd drksks, eol kts hknbhy baabdts io lioir eol KAD

    auolkoc, ks eo ippirtuokty air tmb Dirpiretkio tipusm merlbr ko tmb lkrbdtkio ia vehub-fesbl prkd-koc, eol ti bodiurecb itmbr lbvbhipgbot kostk-tutkios ti li hknbwksb.

    Vbdiggboletkios\mks rbvkbw digbs et e tkgb ia lbbp lkstrbss ko ak-oeodkeh gernbts eol e sbvbrb liwoskzkoc ko prkvetbbdioigkd edtkvktkbs. Kt rbgkols us ia tmb drktkdeh kg-pirteodb ia sustekoefhb lbvbhipgbot ko tmb prk-

    vetb sbdtir, air wmkdm rbcuhetiry aregbwirns erbkgpirteot eol bxdbsskvb lbrbcuhetkio disthy. Kotmbsb dkrdugsteodbs, tmks rbvkbw privklbs aurtmbrakolkocs io wmet KAD gkcmt li ti bomeodb lb-

    vbhipgbot baabdtkvbobss eol ellktkioehkty0

    Ipbretkios lurkoc tmb Drksks0

    Baabdtkvbhy geoecb tmb tboskio fbtwbbo

    pritbdtkoc tmb pirtaihki eol rbspiolkoc

    ti ippirtuoktkbs lurkoc drksks. Ko tmb pest,tmks tboskio mes oit ehweys fbbo geoecbl el-bquetbhy eol KAD mes gkssbl ippirtuoktkbs timevb e lbbpbr kgpedt. Bxpbrkbodb succbststmb kgpirteodb ia erreocbgbots ti ksihetbpirtaihki prifhbgs arig obw fuskobss lbvbh-ipgbot, ti gktkcetb dioahkdts ia kotbrbst tmetgey kgpblb baabdtkvb dihhefiretkio wktm tmb

    Sirhl Feon eol tmb KGA, eol ti bstefhksm dhberruhbs ia bocecbgbot ko drksks rbspiosb, per-tkduherhy air steaa ko tmb akbhl. Bxpbrkbodb ehsikolkdetbs tmb kgpirteot rihb KAD eol tmb SirhlFeon Criup gust phey ko prigitkoc siuolaregbwirns air prulbot akoeodkeh rksn geo-ecbgbot eol seabcuerls ti bosurb sustekoefhbprkvetb sbdtir lbvbhipgbot. \mks ks bspbdkehhyrbhbveot tiley, es tmb wirhl rbbxegkobs tmbrihbs ia civbrogbots eol gernbts ko tmb wenbia tmb akoeodkeh drksks.

    KAD Elvksiry Tbrvkdbs0

    Tbt iut eo ivbrehh stretbcy air KAD ET tmet

    ellrbssbs tmb obbl air e dhber vkskio eol

    fuskobss aregbwirn, eol ks dhisbhy hkonbl

    wktm KADs chifeh dirpiretb stretbcy. Aih-hiwkoc ybers ia uodmbdnbl criwtm eol rbdbotirceokzetkioeh dmeocbs, tmb rihb ia ET ko KADsfuskobss gilbh obbls ti fb ellrbssbl. \mb

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    stretbcy wiuhl obbl ti fbttbr ertkduhetb KADdigperetkvb elveotecbs ko ET, es wbhh es if`bd-tkvbs eol ciehs air ET ko lkaabrbot diotbxts (esiurdb ia dioauskio egioc steaa), eol ti dio-

    sklbr tmb fbst steaakoc digfkoetkios (kotbroeh irbxtbroeh, chifeh ir hideh steaa), lbhkvbry uokt ir-ceokzetkio, kodbotkvbs, eol pbrairgeodb gbe-surbs ti mbhp rbehkzb tmbsb if`bdtkvbs eol ciehs.

    Zursub girb pricreggetkd ET kotbrvbo-

    tkios. Bvehuetkio smiws tmet KAD mes edmkbvblfbttbr rbsuhts ko ET pri`bdts tmet mevb fbboderrkbl iut ko dio`uodtkio wktm itmbr ET ko-tbrvbotkios. Iob-iaa edtkvktkbs mevb fbbo hbss ba-abdtkvb. Miwbvbr, pricreggetkd baairts ia tmksnkol mevb fbbo ko tmb gkoirkty (efiut e akatmia ehh ET pri`bdts), eol KAD smiuhl eddirlkochy

    sbbn ti bxpeol tmks typb ia kotbrvbotkio. Kgprivb bxbdutkio ia tmb ET prkdkoc pih-

    kdy tmriucm crbetbr dhkbot diotrkfutkios.

    Ivbr tmb hiocbr tbrg, kt wiuhl fb kgpirteot tisbbn dhkbot diotrkfutkios tmet rbahbdt vehub eolkgpedt (k.b., oit `ust dist) ti drbetb e trub tbstia dhkbot lbgeol, ti prigitb kodbotkvbs airfbttbr ET lbhkvbry, eol ti bosurb KAD ks fbkocellktkioeh.

    Ttrboctmbo ET pbrairgeodb gbesurb-

    gbot eol kotbroeh noiwhblcb geoecb-

    gbot. Ko tmb smirt tbrg, kt wiuhl fb kgpirteotti mevb girb meols-io G&B suppirt ko tmbakbhl, pist-pri`bdt digphbtkio aihhiw-up, fbt-tbr hbssios-depturb (kodhulkoc arig lrippblir tbrgkoetbl pri`bdts), eol girb ergs-hboctm

    aedkhkty, priludt, eol pri`bdt rbvkbws. Ko tmbgblkug tbrg, kt wiuhl pey ti kotriludb eoBxpeolbl Zri`bdt Digphbtkio Vbpirt systbg(enko ti tmb Bxpeolbl Zri`bdt Tupbrvkskio Vb-

    pirt systbg air kovbstgbot ipbretkios, eolderrkbl iut hetbr tmeo tmb Zri`bdt DigphbtkioVbpirt ti fbttbr depturb kgpedts), girb pri-creggetkd kgpedt bvehuetkio eol kgpedt rb-sberdm, tmb sbttkoc ia rbsuhts-fesbl tercbts air

    ET ko kts dirpiretb sdirbderl, eol rbcuher fbodm-gernkoc ia KAD ET edtkvktkbs eol systbgs wktmitmbr privklbrs ia noiwhblcb sbrvkdbs, ko-dhulkoc itmbr guhtkhetbreh lbvbhipgbot feonseol diggbrdkeh privklbrs. Ko tmb hiocbr tbrg,tmb ekg diuhl fb ti bstefhksm e spbdkehkzbl rb-sberdm uokt aidusbl io cbobretkoc eol frkockoc

    ticbtmbr prkvetb sbdtir lbvbhipgbot noiwh-blcb wirn.

    \mks rbpirt wes rbvkbwbl fy eo elvksiry peobh iakotbroetkioeh bxpbrts ko tmb erbe ia noiwhblcbeol lbvbhipgbot. Zeobh gbgfbrs wbrb0 DerhLemhgeo, Hudb Essidketb Zriabssir ia Kotbroe-tkioeh Vbhetkios eol Koairgetkio \bdmoihicy,Cbircbtiwo Rokvbrskty Tdmiih ia Airbkco Tbr-

    vkdb> Edme Hbnb, Zertobr, GdNkosby & Digpeoy>eol Heurbodb Zrusen, aiuolbr eol airgbr Lk-rbdtir, Kostktutb air Noiwhblcb Geoecbgbot. Ko e`ikot stetbgbot, kodhulbl ko tmks pufhkdetkio, tmbpeobh ecrbbl wktm tmb efivb rbdiggboletkios,eol succbstbl ellktkioeh stbps KAD gey tenb ko tmbsegb lkrbdtkio.

    x x v k

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    baakdedb bt eghkirbr hbs depedkts, hbs dig-ptbodbs bt hb digpirtbgbot lbs edtburs liot l-pbolbot sur hb tbrreko hbs botrbprksbs lu sbdtburprkv (y digprks aekrb crbr phus baakdedbgbot hbs

    baabts sidkeux bt bovkrioobgboteux lbs edtkvktsprkvbs).

    Leos he prsbotb vehuetkio kolpboleotb lbs r-suhtets iftbous per hKAD eu pheo lu lvbhippb-gbot, dmeduo lb dbs lbux rhbs bst bxegko tiur tiur 0 hbaakdedkt evbd hequbhhb he Tidkt akoeodbhb lvbhippbgbot evbd sio pirtbabukhhb lb phus bophus kgpirteot lbs ipretkios lkovbstkssbgbot,heddbot teot gks bo pertkduhkbr sur hbxprkbodblb hkostktutkio eu diurs lb drksbs eotrkburbs bt surheklb qubhhb eppirtb eux dhkbots piur ettoubr hbs

    rksqubs lb hkovbstkssbgbot (Zrbgkrb pertkb) > bthbxprkbodb lb he Tidkt piur db quk bst lirce-oksbr bt lbxdutbr sbs kotbrvbotkios lb sbrvkdbs-diosbkh hbs sbrvkdbs qub hKAD aiurokt lbssidkts prkvbs iu lbs ciuvbrobgbots leos hbligekob lu sevikr piur siutbokr hb lvbhippb-gbot lu sbdtbur prkv (Lbuxkgb pertkb) > dblbuxkgb espbdt teot trekt piur he prbgkrbaiks, kh diostktub hb tmgb prkodkpeh lu reppirt.Tecksseot lbs rsuhtets, hb reppirt bst diosedr euxipretkios lkovbstkssbgbot lb hKAD ettbkcoeothbur rckgb lb drikskrb botrb 6::1 bt 6::= bt euxpri`bts lb sbrvkdbs-diosbkh lb hKAD piur hbsqubhshbs reppirts ledmvbgbot letbot lb he ggb p-rkilb. Hbxegbo lb hbaakdedkt lbs sbrvkdbs-diosbkhbst essirtk lb gksbs bo cerlb, der hb systgb lb sukvkbt lvehuetkio oe t kotrilukt qubo 6::1, bt hbtreosabrt lbs sevikrs bst siuvbot lb oeturb koteo-ckfhb. Hb reppirt obo iaarb pes gikos, piur heprbgkrb aiks, uo tefhbeu lbs lbux vihbts ledtk-

    vkt lb hKAD (kovbstkssbgbot bt sbrvkdbs-diosbkh),y digprks piur hbs sktuetkios i hbs lbux edtkvktsiot t iaabrtbs eu ggb dhkbot. Kh vkbot eussk bo

    digphgbot luob vehuetkio rdbotb lu Criupblvehuetkio kolpboleotb (KBC) pirteot sur hba-akdedkt lbs tulbs sbdtirkbhhbs bt dioigkqubsbt lb hessksteodb tbdmokqub lb he Feoqub giolkehb,edmbvb bo 6::=.6

    Akoeodbgbot lu lvbhippbgbotHb pirtbabukhhb lbs ipretkios lkovbstkssbgbot lbhKAD (prts, prksbs lb pertkdkpetkio, bt eutrbs pri-lukts akoeodkbrs) e diotkou sb lvbhippbr heo

    lbrokbr. Hb vihugb duguh lbs kovbstkssbgbotsedtkas e eucgbot luo quert bovkrio, pesseot lb46,3 gkhhkerls lb lihhers piur hbxbrdkdb :3 kk) lbs diolk-tkios dioigkqubs phus aevirefhbs leos uobfioob pertkb lbs peys bo lvbhippbgbot (`us-

    x x v k k k

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    queux lbrokbrs giks lb 6::=, gigbot i piurhbssbotkbh he phupert lbs pri`bts vehus evekbott bxduts) > kkk) uob eghkiretkio lb hvehue-tkio prehefhb bt lb he strudturetkio lbs pri`bts lb

    hKAD > kv) he prarbodb lhkfrgbot lioob perhKAD eux pri`bts lb phus creolb egphbur, quk iotuob gbkhhburb prifefkhkt liftbokr uob meutbepprdketkio qub hbs pbtkts, bo pertkb perdb qukhssiot sukvks lb phus prs per he Tidkt > bt v) lbsrsuhtets pertkduhkrbgbot setksaekseots bo Buripbbt bo Eskb dbotrehb, bt leos he rckio Egrkqub he-tkob bt Derefbs, i sb triuvbot he ge`irkt lbsipretkios eyeot ettbkot hbur rckgb lb drikskrb.Leos dbs rckios, hb dhkget e t pertkduhkrbgbotaevirefhb eux botrbprksbs, bt he quehkt lbs edtkvk-ts lb hKAD e t he phus hbvb. Hbs rsuhtets lb

    he rckio Eskb lu Tul seghkirbot, he quehkt lbsedtkvkts lb he Tidkt y teot phus hbvb qub perhb pess.

    Hbs rsuhtets iot t fbeudiup gikos fios leoshbs peys lEskb lb hBst bt lu Zedkakqub bt leos hbsrckios Giybo-Irkbot bt Earkqub lu Oirl bt

    Earkqub sufsemerkboob, quk digptbot prkodkpehb-gbot lbs peys rbvbou aekfhb > leos dbs rckios,he giktk pbkob lbs pri`bts e ettbkot iu lpesshbs vehburs lb rarbodb bt hbs oirgbs spdkakbs.Hbs diolktkios bxtbrobs bo iot t bo pertkb hedeusb, hbs pri`bts bo Earkqub sufsemerkboob btleos he rckio Giybo-Irkbot bt Earkqub lu Oirltekbot corehbgbot deredtrkss per lbs okvbeuxhbvs lb rksqubs (peys, botkt perrekoeotb bt dig-ptktkvkt lbs prilukts) geks, leos hbosbgfhbdbst he quehkt lbs edtkvkts lb hKAD bt siodiodiurs eu pri`bt quk iot bu uo kgpedt phusgerqu. Dbst pertkduhkrbgbot vrek lb he rckio

    Eskb lb hBst bt Zedkakqub, i leos prs lb bt, leos uo des,geuveks rbspbdt lbs rchbs bovkrioobgbotehbs. Hbsoitbs iftboubs piur hbs baabts bovkrioobgbo-teux bt sidkeux siot stefhbs piur hbs pri`bts pmy-skqubs, geks rbstbot aekfhbs piur hbs ipretkioslkotbrglketkio akoeodkrb, skcob qukh aeut rbo-airdbr hbs depedkts lbs dhkbots bt sessurbr lb hburbocecbgbot bt qukh aeut eussk rbglkbr eux ko-suaakseodbs eux pheos lb he supbrvkskio bt lb he ve-hbur e`iutb per he Tidkt.

    Hbs rsuhtets lb liot io vkbot lb aekrb tet obpirtbot pes bodirb he gerqub lb he crevb lt-rkiretkio lb he sktuetkio dioigkqub giolkehb,liot hbs baabts diggbodbot sbuhbgbot sb aekrb

    sbotkr sur hbs rbtiurs sur kovbstkssbgbot leos hephupert lbs peys bo lvbhippbgbot. Hbs rsuhtetslb lvbhippbgbot kolkqus kdk rbovikbot piurhbssbotkbh lbs pri`bts rehkss botrb 6::4 bt6::=, prkilb pboleot hequbhhb hbs gerdms gbr-cbots iot dioou uob driksseodb seos prdlbot.He phupert lbs pri`bts vehus evekbot t rehksspiur hbssbotkbh, bt dbrtekos tekbot dhis eveot heako lb 6::=, gigbot i he drksb e diggbod lbsb aekrb sbotkr leos hbs peys bo lvbhippbgbot.

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    Io settbol tiutbaiks db qub hbs rsuhtets lbsipretkios ettbkcoeot hbur rckgb lb drikskrbsikbot gikos fios eu diurs lbs eoobs vbokr.Hbs vehuetkios eotrkburbs giotrbot qub hbs pri-

    `bts eppriuvs leos hbs eoobs prdleot uobdrksb (bt bxduts bo prkilb lb diotredtkio lbhdioigkb) siot dbux quk siot hbs phus bxpisseu rksqub lu pikot lu vub lu lvbhippbgbot. Bo-

    vkrio btlbuxkgbgbot, he vehbur e`iutb lb hkostktutkio.Db lbuxkgb espbdt bst pertkduhkrbgbot kgpir-teot lbux cerls 0 k) bo `iueot hb rhb lkotbr-glkekrb kgpertkeh leos hbs rbstrudturetkios > btkk) bo dmiksksseot evbd siko he dkfhb bt hb gigbotlb sbs kotbrvbotkios, he Tidkt bovikb bo baabt uoskcoeh airt eux eutrbs kovbstkssburs.

    Hb sevikr eu sbrvkdb lu lvbhippbgbotHbs sbrvkdbs-diosbkh lb he Tidkt iot dioou uobdriksseodb repklb, evbd uo pirtbabukhhb edtka pridmb

    lb 5 gkhhkerl lb lihhers bt uo pbrsioobh lb 5 616ecbots, sikt sbpt aiks phus qukh y e sbpt eos. Dbttbvihutkio e airtbgbot gilkak he oeturb bt he rb-prsbotetkio lb hKAD 0 leos hbs peys bo lvbhip-pbgbot, hb pbrsioobh lbs sbrvkdbs-diosbkh airgblsirgeks hbssbotkbh lbs baabdtkas lb he Tidkt surhb tbrreko.2 Zretkqubgbot euduob hkgktb oe t kg-pisb dbttb driksseodb repklb. Dbhe epperetdhekrbgbot queol io diostetb qukh y phus lb 2:prilukts lbs sbrvkdbs-diosbkh, 5= dbotrbs rckioeux

    rpertks botrb sbpt rckios bt 54 sbrvkdbs dioi-gkqubs giolkeux, bt qub he giktk pbu prs lbsedtkvkts lb sbrvkdbs-diosbkh siot dioakbs lbsdiosuhteots diurt tbrgb.

    Bo diosqubodb, lbs qubstkios stretckqubs kg-pirteotbs sb pisbot. Io pbut sb lbgeolbr bo per-tkduhkbr sk, crbaaeot uob edtkvkt lb sevikr eusskkgpirteotb sur uob kostktutkio akoeodkrb, he Ti-dkt pervkbot hqukhkfrb viuhu botrb sbrvkdbs-diosbkh bt sbrvkdbs lkovbstkssbgbot piur iftbokrhkgpedt gexkgug sur hb lvbhippbgbot. Kh bstpisskfhb eussk qub he rbdmbrdmb lb quehkt ektt uo pbu sedrkakb, hbs gilkakdetkios irceokse-tkioobhhbs eyeot t oitefhbs, hb pbrsioobh rbhe-tkvbgbot oiuvbeu (1: % lbs baabdtkas iot gikos

    lb triks eos leodkboobt hKAD) teot airtbgbotsihhkdkt, bt lbs edtkvkts teot bxtbroehksbs dmequbeoob qubhqub 5 4:: diosuhteots diurt tbrgb.Kh bxkstb eussk uob pisskfkhkt eddrub lb dioahktlkotrt iu lb lkstirskio lu gerdm, hirsqub hbssbrvkdbs-diosbkh siot iaabrts evbd hb akoeodbgbot,iu aiuroks uo prkx koarkbur dbhuk lu gerdm.

    He Tidkt essurb sbs sbrvkdbs-diosbkh piur et-tbkolrb lbs if`bdtkas coreux quk siot digguoseux sbrvkdbs-diosbkh bt eux kovbstkssbgbots lbhKAD. Kh seckt oiteggbot lb diodbotrbr hbskotbrvbotkios sur hbs gerdms pkiookbrs (liothbs peys foakdkeot luo akoeodbgbot lb hKLE bthbs rckios pkiookrbs leutrbs peys, ekosk qubhbs ZGB bt hbs ecri-kolustrkbs), sur hbs sbdtbursstretckqubs akoeodbs, koarestrudturb, seot btludetkio bt sur heppuk he vkefkhkt bovkrio-obgbotehb bt sidkehb (dmeocbgbots dhkgetkqubsdigprks). Heaabdtetkio lbs rbssiurdbs lb sbrvkdbs-diosbkh e t piur hbssbotkbh ehkcob sur dbs prki-rkts. Eutrbgbot lkt, hbs sbrvkdbs-diosbkh iotcorehbgbot t dkfhs sur hbs lbstkoetkios i hbs

    fbsikos siot ekcus, peys foakdkeot luo akoeo-dbgbot lb hKLE bt Earkqub bo pertkduhkbr.

    Geks he pbrtkobodb lbs dmikx obst pes uob cereotkblkgpedt. Bo db quk diodbrob hkgpedt sur hb l-

    vbhippbgbot, 26 % lbs pri`bts lb sbrvkdbs-diosbkhlb hKAD, pergk dbux quk piuvekbot trb oits, iotiftbou uob oitb hbvb. Hbs epprdketkios iott obttbgbot phus hbvbs piur leutrbs espbdtslbs rsuhtets, tbhs qub he pbrtkobodb stretckqub,

    x x x

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    hbs prilukts, bt hiftbotkio lb rehksetkios, hbaak-dedkt chifehb piur hb lvbhippbgbot teot fioobleos 3: % lbs des. Hbs epprdketkios oiot pes ttrs lkaarbotbs piur hbs pri`bts lgerrs eveot

    (phutt queprs) hbs creols dmeocbgbots irce-oksetkioobhs lb 6::2/6::1. Zer rckio, hbs eppr-dketkios iot t obttbgbot gbkhhburbs piurhBuripb lu Tul bt hEskb dbotrehb, bt gikos fioobspiur hEgrkqub hetkob bt hbs Derefbs. Hbs pri`btsgiolkeux vehus oevekbot pes oio phus bu lbfios rsuhtets. Zer detcirkb ledtkvkts, hbs verke-tkios teot tiutbaiks gikos prioiodbs qubotrbrckios, hbs pri`bts vkseot hkoarestrudturb, hb dhkgetaevirefhb eux botrbprksbs, hbs diosbkhs eux botrb-prksbs bt hedds lbs akoeodbgbots evekbot bu leoshbosbgfhb lb gbkhhburs rsuhtets qub dbux vkseot

    he vkefkhkt bovkrioobgbotehb bt sidkehb.

    Hbs aedtburs ltbrgkoeot hbs rsuhtets iot t hbo-cecbgbot lbs dhkbots (geokabst per he diotrkfu-tkio eux dits lbs pri`bts, bo pertkduhkbr piurhbs pri`bts vkseot he vkefkhkt bovkrioobgbotehb btsidkehb), uob diodbptkio bt uob bxdutkio el-quetb lbs pri`bts, he prixkgkt lb hKAD per rep-pirt eu dhkbot (lakokb per he prsbodb hidehb bthkgphkdetkio lb he Tidkt), hb deredtrb pri-creggetkqub (bt oio pes piodtubh) lbs kotbr-

    vbotkios, bt hbaakdedkt lu sukvk bt lb hvehuetkio.He airtb vehbur e`iutb per hKAD e iu uo rhb aio-legboteh piur hiftbotkio lb rsuhtets, db quk et pertkduhkrbgbot aedkhb diostetbr leos hbs ed-tkvkts vkseot uo dhkget aevirefhb leos hbs peysKLE i hb rksqub hk eux diolktkios dioigkqubsbst hbv, bt leos dbrtekos bosbgfhbs lb sbrvkdbs,tbhs qub hbs pri`bts ltefhkssbgbot lb hkbos evbdhbs ZGB leos hecri-kolustrkb, hbs kolustrkbs ge-ouaedturkrbs bt bxtredtkvbs. He diostktutkio lbdb typb lbosbgfhbs pbut lioobr hkbu lbsdioahkts lkotrt, euxqubhs kh kgpirtb lb fkbo

    perbr, bt hb prkx bo bst tefhkr sikcobusbgbot. Hbslkaakduhts qub hio rbodiotrb tiu`iurs piur gb-surbr hkgpedt lbs sbrvkdbs-diosbkh siot bodirb ed-drubs per hb aekt qub usqu prsbot, hb pbrsioobhlb hKAD oe pes epphkqu trs strkdtbgbot hbs lk-rbdtkvbs lb sukvk bt lvehuetkio.

    Eu diurs lbs dkoq lbrokrbs eoobs, he lkrbdtkiolb hKAD e prks lbs gbsurbs piur rboairdbr hbaak-dedkt lbs sbrvkdbs-diosbkh lb he Tidkt, dmbr-

    dmeot bo eghkirbr hehkcobgbot irceoksetkioobhbt hbs gilbs lbxdutkio. Io e dmbrdm dbs lbr-okrbs eoobs gkbux strudturbr hbs sbrvkdbs-diosbkh bt hbs rbolrb phus dhekrs, oiteggbot per

    hbs gbsurbs sukveotbs 0 rpertktkio lbs edtkvktslb sbrvkdbs-diosbkh bo dkoq detcirkbs > auskio lbdbrtekos gdeoksgbs giolkeux bt rckioeux >dhesskakdetkio lbs prilukts per lbcr lb getu-rkt > vehirksetkio lbs digptbodbs lu pbrsioobhlbs sbrvkdbs-diosbkh > airgetkio eux sbrvkdbs-diosbkh > dretkio luob vkdb-prsklbodb piur hbssbrvkdbs-diosbkh. Tecksseot lb hbxdutkio lb dbssbrvkdbs, he Tidkt sbst baairdb lb gbttrb bophedb lbs lkspisktkas bt lbs systgbs cereotksseot0 uo akoeodbgbot suaakseot bt vkefhb > hbocecb-gbot lbs dhkbots > uob diodbptkio bt uob fioob

    bxdutkio lbs pri`bts > uo sukvk bt uob vehuetkiorifustbs lbs rsuhtets. Db qub hKAD e aekt bo db sbossbgfhb siutbokr aevirefhbgbot he digpereksioevbd hbs gbsurbs prksbs per leutrbs feoqubs guh-tkhetrehbs lb lvbhippbgbot, per bxbgphb bo dbquk diodbrob hkotriludtkio lb pihktkqubs lb akxe-tkio lbs prkx (quk, lb geokrb corehb, vksbot lvbhippbr hbocecbgbot lbs dhkbots, bt rlukrbhbs rksqubs lb lkstirskio lu gerdm, bo hkgkteothbs sufvbotkios eux fkbos pufhkds), bt luo systgblb sukvk bt lvehuetkio quk pbrgbttb lb gbsurbrhbs kssubs bt hbs kgpedts phutt qub hbs sbuhs pri-lukts. Hb giuvbgbot lb treosairgetkio sb piur-sukt, lb oiuvbhhbs pihktkqubs, pridlurbs btlkrbdtkvbs eyeot rdbggbot t kotriluktbs rbhe-tkvbgbot he akxetkio lbs prkx, eux dioahkts lkotrt,eu akoeodbgbot bt he ciuvbroeodb.

    Geks io oe pes akok lb lioobr uo deredtrb phuspriabsskioobh eux sbrvkdbs-diosbkh, bt lbs pri-fhgbs irceoksetkioobhs oitefhbs pbrskstbot 0strudturbs lbxdutkio perehhhbs iu quk sb dmb-

    veudmbot leos phuskburs rckios (Earkqub sufse-

    merkboob, Eskb lb hBst bt Zedkakqub, Eskb lu Tul)> pbu lb prilukts fkbo tefhks bo lbmirs lb he ak-oeodb bt lb hkoarestrudturb > geoqub lb prdkskiosur he gbkhhburb geokrb lkotcrbr sbrvkdbs-diosbkhbt sbrvkdbs lkovbstkssbgbot leos lkaarbotsdiotbxtbs > pbu lb prksb bo digptb lbs eveo-tecbs digperetkas lb hKAD per reppirt leutrbsprbstetekrbs lb sbrvkdbs leos hb ligekob lu sevikr, hdmbhio stretckqub bt dbhuk lbs pri`bts > btgeoqub lb delrb stretckqub chifeh dikaaeot hbs

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    sbrvkdbs-diosbkh bt pbrgbtteot lb digfkobr mer-giokbusbgbot lkaarbots exbs ledtkvkt.

    Io ifsbrvb eussk lbs lakdkbodbs leos dbrtekos li-

    gekobs, liot kh aeulre sb priddupbr, surtiut skhio vbut qub hbs rsuhtets iftbous sur hb tbrrekorbahtbot fkbo hb fut rbdmbrdm per hkostktutkio.Dbttb diosklretkio sepphkqub hepphkdetkio lbspihktkqubs lb akxetkio lbs prkx euteot qu he que-hkt lb he diodbptkio bt lb hbxdutkio lbs pri`bts,bt uob fioob dihhefiretkio evbd hbs eutrbsedtburs, liot he Feoqub giolkehb. Hb lisecbulkdkbux lu pbrsioobh e lioo fbeudiup lbgeh, lu aekt quuob fioob pert lbs edtkvkts bstdioakb lbs diosuhteots diurt tbrgb, bt lbsgbgfrbs rbhetkvbgbot oiuvbeux lu pbrsioobh

    (sk io hbs digperb dbux quk siddupbot lbs ko-vbstkssbgbots). He digfkoeksio dmikskb rbtbotktairtbgbot sur he quehkt bt he diotkoukt lbssbrvkdbs-diosbkh lb hKAD, bt sur hb gekotkbo lb sepisktkio lb pikotb bo getkrb lb sevikrs. tiushbs stelbs lb hbxdutkio, hbs lioobs lb sukvk btlvehuetkio digguokqubs per hb pbrsioobh bthbs diosuhteots diurt tbrgb (surtiut) siot rbs-tbs pbu akefhbs. Lb ggb, hbs bxegbos per hKADlb sbs gdeoksgbs, prilukts bt pri`bts lb sbrvkdbs-diosbkh, skhs iot hkvr lbs klbs sur hirceoksetkiobt hbxdutkio lbs sbrvkdbs-diosbkh, iot geoqulkolpboleodb bt he diodbptkio obo e pes tbotkrbgbot setksaekseotb.

    Htepb sukveotb he phus kgpirteotb piur pri-crbssbr bst pbut-trb lerrkvbr akxbr hb fio prkxpiur hbs sbrvkdbs-diosbkh lb hKAD. Bo aedtureotdiovboefhbgbot hbs sbrvkdbs eux dhkbots, io siu-gbttre hbs sbrvkdbs-diosbkh lb he Tidkt uo tbstlb gerdm, bt io iftkbolre trs prifefhbgbotuo kgpedt aevirefhb sur tius hbs espbdts lbs ko-tbrvbotkios 0 bo kodkteot hbs dhkbots leveotecb sko-

    vbstkr leos hbs pri bts, bo eghkireot he diodbptkiobt hbxdutkio lbs pri`bts, bo rboaireot hb sukvk bthvehuetkio, bo lakoksseot lbs prilukts quk r-piolbot gkbux he lbgeolb, bt vbkhheot db quhKAD iaarb uob vehbur e`iutb. Leos hkgglket, heTidkt eure epphkqubr strkdtbgbot hbs pihktkqubslb prkx bo vkcubur, quk siot piur hbssbotkbh fesbssur hbs dits (hb prkx qub hb dhkbot bst eppbh peybrbst pripirtkioobh eux dits lu pri`bt). phushioc tbrgb, kh aeulre dmbrdmbr akxbr hbs prkx bo

    aiodtkio lu gerdm, eako qub hKAD ob rksqub peslvkodbr hbs eutrbs prbstetekrbs lb sevikrs. Dbstpiur he ggb reksio qub hb prkx lbs kovbstkssb-gbots lb hKAD bst akx sbhio db prkodkpb. He drksb

    dioigkqub edtubhhb, bt hbs baabts qubhhb eureprifefhbgbot sur hb akoeodbgbot lbs lioetbursbt dbhuk lb hKAD, lioobot he Tidkt hiddeskiolb dmbrdmbr phus obrckqubgbot akxbr hbs prkx boaiodtkio lb he vehbur, bt lbodiurecbr hbs eutrbs kos-tktutkios lb lvbhippbgbot aekrb lb ggb.

    VbdiggeoletkiosHvehuetkio prsbotb kdk vkbot uo gigbot lbpriaiolb drksb lbs gerdms akoeodkbrs, bt lbdiotredtkio crevb lbs edtkvkts dioigkqubs prk-

    vbs. Bhhb oius reppbhhb hkgpirteodb drudkehb

    luo lvbhippbgbot lurefhb lu sbdtbur prkv,piur hbqubh lbs lkspisktkas rchbgbotekrbs siot ko-lkspbosefhbs, he lrchbgbotetkio bxdbsskvb sbpeyeot airt dmbr. Leos dbs dkrdiosteodbs, io eveodbkdk leutrbs rbdiggeoletkios qub hKAD piurrektsukvrb piur eghkirbr sio baakdedkt piur hb l-

    vbhippbgbot bt se vehbur e`iutb 0

    Ipretkios pboleot he drksb 0

    Fkbo crbr he tboskio botrb he pritbdtkiolu pirtbabukhhb bt hb pertk tkrbr lbs ip-

    pirtuokts bo tbgps lb drksb. Dbttb tbo-skio oe pes tiu`iurs t fkbo crb per hb pess,bt he Tidkt oe pes tkr pertk liddeskios lep-priaiolkr sio kgpedt. Hbxprkbodb lioob pbosbr qukh bst kgpirteot lb aekrb he lkstkodtkiobotrb hbs prifhgbs lbs ipretkios bo pirtb-abukhhb bt hbs oiuvbeux pri`bts, lettoubr hbsdioahkts lkotrt quk pbuvbot bgpdmbr lb dih-hefirbr utkhbgbot evbd he Feoqub giolkehb bthb AGK, bt lb lakokr dhekrbgbot hbs ligekobslkotbrvbotkio aedb he drksb, bo pertkduhkbr piur

    hb pbrsioobh sur hb tbrreko. Bhhb kolkqub eussk qukheppertkbot hKAD bt eu Criupb lb he Feoqubgiolkehb lessugbr uo rhb kgpirteot bo aevburlb lkspisktkas fkbo pboss lb cbstkio prulbotblbs rksqubs akoeodkbrs, bt lb cereotkbs prit-cbeot hb lvbhippbgbot lurefhb lu sbdtburprkv. Dbs diosklretkios siot pertkduhkrbgbotpbrtkobotbs hmburb edtubhhb, eu gigbot ihe drksb akoeodkrb aekt rbpbosbr leos hb giolbhb rhb lbs ciuvbrobgbots bt dbhuk lbs gerdms.

    x x x k k

    K O L B Z B O L B O \ B Q E H R E\ K I O I A K A D T L B Q B H I Z G B O \ V B T R H\ T 6 : : ;

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    Vhb lb hKAD piur hbs sbrvkdbs-diosbkh 0

    Lakokr uob stretckb chifehb piur hbssbrvkdbs-diosbkh lb hKAD, rpioleot he o-

    dbsskt luob pbrspbdtkvb bt luo sdmgeledtkvkt dhekrs, bt bo hkeksio triktb evbd

    he stretckb lbosbgfhb lb he Tidkt.Eprslbs eoobs lb driksseodb kodiotrhb bt he suktblbs treosairgetkios irceoksetkioobhhbs rdbotbs,kh bst tbgps lb rahdmkr eu rhb qub `iubot hbssbrvkdbs-diosbkh leos hb gilhb ledtkvkt lbhKAD. Dbttb stretckb lbvre gkbux prdksbr hbseveotecbs digperetkas lb he Tidkt bo getkrblb sbrvkdbs-diosbkh, hbs futs bt if`bdtkas piur-sukvks per dbs sbrvkdbs leos lkaarbots diotbxtbs(quk lioobot hkbu lbs kodbrtktulbs piur hb

    pbrsioobh), bt lioobr lbs kolkdetkios sur hbsgbkhhburbs digfkoeksios lb pbrsioobh (pbr-sioobh kotbrob/pbrsioobh bxtrkbur, pbrsioobhgiolkeh/pbrsioobh hideh), sur hirceoksetkio lbssbrvkdbs dmercs lb hbxdutkio, sur hbs giyboslkodktetkio bt lvehuetkio lbs rsuhtets, eakoleklbr ettbkolrb dbs futs bt if`bdtkas.

    Vbphedbr hbs kotbrvbotkios lbs sbrvkdbs-diosbkh leos uob eppridmb pricreggb.

    Hvehuetkio giotrb qub hKAD e iftbou lbgbkhhburs rsuhtets evbd hbs pri`bts lb sbrvkdbs-diosbkh rehkss dio`ikotbgbot leutrbs ko-tbrvbotkios lb sbrvkdbs-diosbkh. Hbs pri`btseutioigbs iot bu gikos lbaakdedkt. Ziurteothbs pri`bts kosdrkts leos uo pricreggb siotgikos oigfrbux (hb dkoqukgb bovkrio lbhbosbgfhb lbs pri`bts lb diosbkh), bt he Tidktlbvrekt liod dmbrdmbr lvbhippbr db typblkotbrvbotkio.

    Eghkirbr hepphkdetkio lbs pihktkqubs lbakxetkio lbs prkx lbs sbrvkdbs-diosbkh. phus hioc tbrgb, kh sbrekt kgpirteot liftbokrlbs dhkbots qukhs vehubot hbs kotbrvbotkios bo

    tbrgbs lb vehbur bt lkgpedt (bt oio pes sbu-hbgbot lb dits), db quk pbrgbttrekt lb gkbuxdbrobr he lbgeolb bt lb drbr lb gbkhhburbs ko-dktetkios piur he prbstetkio lb sbrvkdbs-diosbkh,bt quk cereotkrekt he vehbur e`iutb lbs kotbr-

    vbotkios lb hKAD. Vboairdbr hvehuetkio lbs rsuhtets lbs

    sbrvkdbs-diosbkh bt he cbstkio lu sevikr

    bo kotbrob. diurt tbrgb, kh kgpirtb levikruo eppuk phus diodrbt lb sukvk bt lvehuetkiosur hb tbrreko, lessurbr hb sukvk eprs hedm-

    vbgbot lbs pri`bts, lb tkrbr hbs bosbkcobgbots

    lbs pri`bts efeolioos iu hkgkos, bt les-surbr uo bxegbo kolpboleot lbs gde-oksgbs, lbs prilukts bt lbs pri`bts per lbsbotkts quk bo sikbot phus hikcobs. giybotbrgb, kh sbrekt utkhb lb gbttrb bo phedb uosystgb lb reppirts tbolus ledmvbgbotlb pri`bt (]ZDV) (sbgfhefhb eu systgb lbreppirts tbolus lb supbrvkskio lb pri`bts

    systgb ]ZTV gks bo phedb piur hbsipretkios lkovbstkssbgbot, hbs reppirtsteot rehkss eprs hbs reppirts ledmvb-gbot lb pri`bts eako lb gkbux dbrobr hbs kg-

    pedts), lvehubr hbs kgpedts bt lb gbobr herbdmbrdmb sur dbs lbrokbrs sbhio uob eppridmb-pricreggb, lb akxbr eux sbrvkdbs-diosbkhslbs if`bdtkas exs sur hbs rsuhtets leos se akdmblb rehksetkios, bt lb `eucbr rcuhkrbgbot hbsedtkvkts bt hbs systgbs lb sbrvkdbs-diosbkhlb hKAD per reppirt leutrbs prbstetekrbslb sbrvkdbs leos hb ligekob lu sevikr, liothbs eutrbs feoqubs guhtkhetrehbs lb lvbhip-pbgbot bt hbs sidkts diggbrdkehbs. phushioc tbrgb, io piurrekt siocbr drbr uo sbr-

    vkdb lb rbdmbrdmbs spdkehksbs quk siddupb-rekt lb susdktbr bt lb ruokr lbs treveux sur hbssevikrs rbhetkas eu lvbhippbgbot lu sbdtburprkv.

    Hb reppirt quk sukt e t rbvu per uo Criupbdiosuhtetka lb spdkehkstbs kotbroetkioeux lu sevikreu sbrvkdb lu lvbhippbgbot. Hbs gbgfrbs botekbot hb priabssbur Derh Lemhgeo, Hudb, pri-abssbur el`ikot (Vbhetkios kotbroetkioehbs bt tbdm-oihickb lb hkoairgetkio) he Tdmiih ia AirbkcoTbrvkdb lb Cbircbtiwo Rokvbrskty > Edme Hbnb,

    Zertboekrb lu defkobt GdNkosby & Digpeoy > btHeurbodb Zrusen, aioletbur bt eodkbo lkrbdtbur lbhKostktutb air Noiwhblcb Geoecbgbot. Leos uobldheretkio dio`ikotb, akcureot leos he prsbotb pu-fhkdetkio, hb criupb e siusdrkt eux rbdiggeole-tkios oiodbs phus meut, bt succr leutrbsgbsurbs ehheot leos hb ggb sbos qub piurrektprbolrb hKAD.

    V T R G E O E H[ \ K U R B

    x x x k k k

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    x x x v

    Vbsugbo b`bdutkvi

    B

    o he htkge ldele, gudmis pesbs bo lbserrihhi bxpbrkgboterio uovkcirisi drbdkgkboti bdiogkdi, bo cbobreh edigpeeli pir he lks-gkoudko lb his okvbhbs lb pifrbze. Bh sbdtir prkveli diotrkfuy bo

    airge lbdkskve e bsb drbdkgkboti, prkodkpehgbotb e trevs lb oubves kovbrskiobslb depkteh, pbri tegfko lb kooivedkiobs y bsprktu bgprbserkeh, diotrkfuybolie drber pubstis lb trefe`i y efrkr oubvis gbrdelis.

    Bo cbobreh, bh drbdkgkboti gs edbhbreli sb lkibo his pesbs bo lbserrihhi qub rbckstreo his gsehtis okvbhbs lb kovbrsko prkvele y bo qub sb mehicreli dbrrer bo geyir gblkle his vedis lbdioidkgkbotis y tbdoihice qub his sbpereo lbhguoli lbserrihheli. Kolke y his Bstelis fhtkdissio b`bgphis eh rbspbdti.

    He edtueh drksks akoeodkbre guolkeh egboeze cre-vbgbotb gudmis lb bsis hicris, erluegbotbehdeozelis. He drksks sb kokdk bo bh guoli lbse-rrihheli, pbri lbslb botiodbs sb me pripeceli ehguoli bo lbserrihhi, y me eabdteli bspbdkehgbotbe his pesbs duyes bdioiges bsto gs bstrb-dmegbotb vkoduheles dio his gbrdelis guolke-hbs. He lbgeole lb kgpirtedko privbokbotb lbhis pesbs lbserrihhelis bst lksgkouyboli, y bohis pesbs bo lbserrihhi creolbs y pbqubes dig-pees (bspbdkehgbotb bstes htkges) tegfko sbmeo vksti dioarioteles dio bh ecitegkboti lbh ak-oeodkegkboti pere oubves kovbrskiobs, i dio uoguy priouodkeli eugboti lbh disti lb bstb h-tkgi y uoe geyir lkakduhtel pere iftbobrhi. Tbcosb prbv, bo 6::; he eahubodke lb depkteh prkvelie his pesbs bo lbserrihhi ehdeozer e hi sugiuo okvbh lb ehrblblir lb he gktel lbh lb 6::3(RT$5 fkhho). Hes drksks eotbrkirbs hhbveo e pboserqub publbo tbobr qub treosdurrkr ehcuois eis

    eotbs lb qub bses dirrkbotbs vubhveo e ehdeozer susokvbhbs eotbrkirbs e he drksks. ste, bo airge gscbobreh, me hhbveli e his rbspiosefhbs lb pihtkdes

    y e his eoehkstes e rbvkser sus diodbptis sifrb bhpepbh lb his gbrdelis y bh sbdtir prkveli, bspb-dkehgbotb bo his desis bo qub sb kodurrk bo bhbrrir lb lb`er lb medbr mkodepk bo he kgpirteo-

    dke lb uoe rbchegbotedko, supbrvksko prulbo-dkeh y elgkokstredko akludkerke bakdedbs, i oi sbtuvi bo dubote bse kgpirteodke.

    Bo pides digi he edtueh esugb bspbdkeh kgpir-teodke he lifhb auodko lb he KAD digi aubotb lbakoeodkegkboti y digi privbblire lb dioidk-gkbotis (`uoti dio bh Feodi Guolkeh). Dio rbs-pbdti eh prkgbri lb bsis digbtklis, bh DiovbokiDiostktutkvi lb he KAD bstefhbdb qub he Dirpire-dko lbfb kovbrtkr bo priybdtis vkefhbs pere bh sbd-tir prkveli bo his pesbs bo lbserrihhi pere hisduehbs bh depkteh prkveli suakdkbotb oi sb bo-dubotrb lkspiokfhb bo diolkdkiobs rezioefhbs.5

    Bo bses pides lb drksks, he derce lb kodrbgboterbh akoeodkegkboti rbdeb sifrb he KAD, pbri ste(`uoti dio bh Feodi Guolkeh) tegfko dugphb uopepbh kgpirteotb digi privbblire lb dioidk-gkbotis, bo bspbdkeh bo uo pbrili bo qub his rbs-piosefhbs lb pihtkdes y his elgkokstrelirbsdbotreo he etbodko bo he rbchegbotedko lb his

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    obcidkis, uoe fuboe cbstko y he sistbokfkhklelegfkboteh y sidkeh lbh drbdkgkboti. Bste auodkokgphkde bh sugkokstri lb uoe eskstbodke qub dio-trkfuye e ler airge e hes diolkdkiobs epripkeles

    pere uo lbserrihhi sistbokfhb lbh sbdtir prkvelipir b`bgphi, prigivkboli uoe rbchegbote-dko gs bakdez y tkbole e rbairzer he depedklel,hes eptktulbs y bh pridblbr lb his edtirbs qubrbehkzeo edtkvklelbs dio`uotes sifrb bh tbrrboidio hes bgprbses lbh sbdtir prkveli (espbdti qubdigprbolb uo bakdez geob`i lb his babdtis si-dkehbs y egfkbotehbs lb hes edtkvklelbs prkveles).

    Bo he prbsbotb Bvehuedko Kolbpbolkbotb lb hisVbsuhtelis lb Lbserrihhi (KBLV, pir sus skchesbo kochs) lb he KAD sb bxegkoeo sudbskvegbotb

    bses auodkiobs0 he bakdedke lb he KAD bo dueoti eakoeodkegkboti lbh lbserrihhi e trevs lb su drb-dkbotb dertbre lb ipbredkiobs lb kovbrsko, me-dkboli mkodepk bo he bxpbrkbodke hicrele pir heDirpiredko bo drksks eotbrkirbs y eyuleoli ehis dhkbotbs e gktkcer his rkbscis lb he kovbrsko(pertb K), y, pir prkgbre vbz, y pir hi teoti digitbge prkodkpeh lbh prbsbotb koairgb, he bxpb-rkbodke elqukrkle pir he Dirpiredko bo he irce-okzedko y b`bdudko lb sus kotbrvbodkiobs bogetbrke lb sbrvkdkis lb esbsire (TE), qub dio-skstbo bo sbrvkdkis lb dioidkgkboti qub he KAD pri-pirdkioe e digpees prkveles i cifkbrois pererbspehler bh lbserrihhi lbh sbdtir prkveli (pertbKK). Bo dueoti e rbsuhtelis, bo bh koairgb sb bxe-gkoeo hes ipbredkiobs lb kovbrsko lb he KAD qubhhbcerio e su vbodkgkboti ipbretkvi eotkdkpelibotrb 6::1 y 6::=, y his priybdtis lb sbrvkdkis lbesbsire lkspboselis pir he KAD bo bh gksgi pb-rili dio koairgbs lb tbrgkoedko lb priybdtis.Dio rbspbdti eh bxegbo lb he bakdedke bo trgk-ois lb lbserrihhi lb his sbrvkdkis lb esbsire sbairguheo dkbrtes elvbrtbodkes, leli qub bh skstbge

    lb sbcukgkboti y bvehuedko rbdko sb kotrilu`ibo 6::1, y mefkle dubote lbh derdtbr e gboulikoteockfhb lb he treosgksko lb dioidkgkbotis. Oiifsteotb, bh koairgb prbsbote pir prkgbre vbzuoe rbsbe diirlkoele lb egfis frezis lb hesedtkvklelbs lb he KAD (kovbrskiobs y sbrvkdkis lbesbsire), kodhukles sktuedkiobs bo qub bsis kos-trugbotis sb iarbdkbrio eh gksgi dhkbotb. Bo bhkoairgb tegfko sb digphbgbote uoe rbdkbotbbvehuedko lbh Crupi lb Bvehuedko Kolbpbo-

    lkbotb (KBC, pir sus skches bo kochs), digphbtelebo 6::=, sifrb he bakdedke lb his bstulkis bdio-gkdis y sbdtirkehbs y he eskstbodke tdokde lbhFeodi Guolkeh.6

    Akoeodkegkboti pere bh lbserrihhiHe dertbre lb ipbredkiobs lb kovbrsko lb he KAD(prstegis, kovbrskiobs lb depkteh y itris pri-ludtis akoeodkbris) skcuk eugboteoli bh ei pe-seli. Bh vihugbo eduguhetkvi lb hes edtkvklelbs lbkovbrsko edtkves eugbot ehrblblir lb uo 62%

    lb RT$46.3:: gkhhiobs e RT$

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    ehdeozerio su gelurbz bo 6::2 (bh 25% lb his pri-ybdtis bo pridbsi lb geluredko bo 6::2 hicre-rio fubois rbsuhtelis bo trgkois lb lbserrihhi,bo digperedko dio bh 32% bo pridbsi lb ge-

    luredko bo 6::=)> kk) diolkdkiobs bdiogkdesgs aevirefhbs bo creo pertb lbh guoli bo lb-serrihhi (meste akobs lb 6::=, bo qub he geyirelb his priybdtis bvehuelis sb mefeo b`bdutelibo diosklbrefhb gblkle)> kkk) gb`ires bo dueotie dehklel lb he bvehuedko kokdkeh y bstrudturedkolb his priybdtis lb he KAD> kv) lbhkfbrele irkbo-tedko lb he KAD medke priybdtis lb geyir bsdehe,dio geyir prifefkhklel lb ehdeozer ehtes dehkak-dedkiobs qub his priybdtis gs pbqubis, bopertb lbfkli e uoe gs sbvbre aksdehkzedko kotbroe,

    y v) lbsbgpbi bspbdkehgbotb shkli bo Buripe

    y Eske dbotreh, y bo Egrkde Hetkoe y bh Derkfb, boqub sb rbehkze he geyire lb hes ipbredkiobs qubmeo gelureli. Bo bses rbckiobs hes diolkdkiobspere his obcidkis sio gs pripkdkes, y bs gs s-hkle he dehklel lbh trefe`i lb he KAD. Bo Eske gbrk-lkioeh mufi gb`ires bo dueoti e lbsbgpbi ydehklel lbh trefe`i lb he KAD.

    Bstuvi diosklbrefhbgbotb e he zece he rbcko lbEske irkboteh y bh Zedakdi> hi pripki ediotbdk diohes rbckiobs lb Irkbotb Gblki y Oirtb lb arkde,

    y arkde eh sur lbh Temere, duyis pesbs sio prkodk-pehgbotb lb kocrbsi fe`i. Epboes he gktel lb hispriybdtis b`bdutelis bo bses rbckiobs ehdeoze-rio i supbrerio his pergbtris b kolkdelirbs lbrbabrbodke bspbdkakdelis, hi qub ifblbdk bo pertbe diolkdkiobs bxtbroes, ye qub his priybdtis rbe-hkzelis bo hes rbckiobs lb arkde eh sur lbh Temere

    y Irkbotb Gblki y Oirtb lb arkde bo cbobreh prb-sboterio ehtis okvbhbs lb rkbsci lb pes, lb pe-tridkoelir y lb digpbtktkvklel lb priludtis,pbri he dehklel lbh trefe`i y he diotrkfudko lb heKAD e his priybdtis tbolkbrio e susdkter geyirbs

    kgpedtis. Es sudblk bo bspbdkeh bo Eske irkbotehy bh Zedakdi, bo qub desk bh gb`ir bo ecrikolustrkes, y skcukskboli vkcirisi bo koarebstrudture y gbrdelisakoeodkbris. Bo tbdoihice lb he koairgedko oirbhedkioele dio tbhbdiguokdedkiobs (siatwerb b

    Kotbrobt) bh lbsbgpbi aub gbois setksaedtirki. diosihkle-dko lb ehcuois sbrvkdkis guolkehbs y rbckioehbs>dheskakdedko lb priludtis pir okvbhbs lb gelu-rbz> lbserrihhi lb digpbtbodkes lbh pbrsioeh lbhis sbrvkdkis lb esbsire> depedktedko bo sbrvkdkislb esbsire, y bstefhbdkgkboti lb uoe Qkdbprbsk-lbodke lb Tbrvkdkis lb Esbsire. He etbodko lb heKAD bo dueoti e prbstedko lb sbrvkdkis lb esbsiresb me dbotreli bo bh bstefhbdkgkboti lb gbde-oksgis y skstbges qub cereotkdbo uo akoeodke-gkboti elbdueli y sistbokfhb> klbotkakdedko lbhis dhkbotbs dio his priybdtis, lksbi y b`bdu-dko fkbo diodbfklis lb his priybdtis, y shklisbcukgkboti y bvehuedko lb lbsbgpbi. He hefirrbehkzele pir he KAD bo bsis gfktis perbdb me-

    fbr leli gb`irbs rbsuhtelis qub he rbehkzele piritris feodis guhtkhetbrehbs lb lbserrihhi, pirb`bgphi bo dueoti e kotriluddko lb uoe pihtkdelb prbdkis (bodegkoele bo trgkois cbobrehbs edrber klbotkakdedko lb his dhkbotbs dio sus pri-

    ybdtis y rbludkr piskfhbs lkstirskiobs lbh gbrdelihkgkteoli his sufsklkis e his fkbobs pfhkdis), ybstefhbdkgkboti lb uo skstbge lb sbcukgkboti ybvehuedko e trevs lbh dueh sb pridure depter ko-airgedko sifrb rbsuhtelis b kgpedtis, y oi teo

    V B T R G B O B @ B D R \ K Q I

    x x x k x

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    shi priludtis. Bh kgpuhsi lb he treosairgedkosb geotkbob e trevs lb he rbdkbotb kotriluddkolb oubves pihtkdes, pridblkgkbotis y lkrbdtrkdbsrbhedkioelis dio ak`edko lb prbdkis, dioahkdtis lb

    kotbrbsbs, akoeodkegkboti y dioluddko elbduele.

    He priabskioehkzedko lb his sbrvkdkis lb esbsire,bo degfki, skcub skboli uoe hefir bo dursi ysufskstbo diosklbrefhbs prifhbges kostktudkioe-hbs0 bstrudtures lb b`bdudko supbrpubstes y pe-rehbhes bo verkes rbckiobs (arkde eh sur lbh Temere,

    Eske irkboteh y bh Zedakdi y Eske gbrklkioeh)> pidispriludtis akrgbgbotb bstefhbdklis, sehvi his lbakoeozes b koarebstrudture> aehte lb dherklel edbrdelb he gb`ir geobre lb kotbcrer his sbrvkdkis lbesbsire dio his lb kovbrskiobs bo lkabrbotbs

    diotbxtis> bsdese diosklbredko lb hes vbote`esdigperetkves lb he KAD, e okvbh bstretckdi y lb pri-

    ybdtis, arbotb e itris privbblirbs lb sbrvkdkis lbhdioidkgkboti, b kobxkstbodke lb uo gerdi bstre-tckdi perecues lb sbrvkdkis lb esbsire pere bo-hezer lkabrbotbs pesis.

    Mey tegfko diosklbrefhbs vedis, qub bs obdbserkihhboer, bo getbrke lb b`bdudko, bspbdkehgbotb bodueoti e dikodklbodke lbh lbskcoki kostktudkioeh diouoe b`bdudko sifrb bh tbrrboi digpetkfhb dio bsekotbodko. Bste ifsbrvedko sb ephkde e he b`bdudkolb he pihtkde lb prbdkis y eh hicri lb uo lksbi yb`bdudko duehktetkvegbotb setksaedtirkis lb hispriybdtis, es digi uoe bakdez dihefiredko dioitris edtirbs, kodhukli bh Feodi Guolkeh. Roi lbhis prifhbges me dioskstkli bo hicrer he digfk-oedko epripkele lbh pbrsioeh, mefkolisb rbdu-rrkli bo creo gblkle e diosuhtirbs e dirti phezi

    y e auodkioerkis rbhetkvegbotb oubvis (bo dig-peredko dio his qub tigeo pertb bo ipbredkiobslb kovbrsko). He digfkoedko bhbckle koahuyb pi-lbrisegbotb sifrb he dehklel y diotkouklel lb his

    sbrvkdkis lb esbsire lb he KAD, y sifrb he prbsbr-vedko lbh hklbrezci guolkeh bo getbrke lb di-oidkgkboti. Bo tiles hes btepes lb he b`bdudko,his letis lb sbcukgkboti y bvehuedko pripir-dkioelis (bo bspbdkeh) pir auodkioerkis y dio-suhtirbs e dirti phezi eo oi sio dioakefhbs. Rombdmi diobxi bs qub his bxgbobs lb sbrvkdkis,priludtis y priybdtis lb his sbrvkdkis lb esbsi-re bodercelis pir he KAD, sk fkbo pbrgktbo dioi-dbr espbdtis lb he irceokzedko y prbstedko lb

    sbrvkdkis lb esbsire gubstreo aehhes bo dueoti ekolbpbolbodke y lksbi.

    Uukzs bh pesi gs kgpirteotb pere eveozer dio-

    skstb bo qub he KAD difrb babdtkvegbotb his sbr-vkdkis lb esbsire qub prbste. Bhhi rbprbsboter uoeprubfe lb gbrdeli pere lkdmis sbrvkdkis y bsprifefhb qub rbpbrdute pisktkvegbotb sifrb tilishis espbdtis lb hes edtkvklelbs drbeoli kodbotkvispere cbobrer geyir edbptedko bo his dhkbotbs, lergeyir sihklbz eh lksbi y he b`bdudko lb his pri-

    ybdtis, airtehbdbr bh sbcukgkboti y he bvehuedko,drber priludtis gs elbduelis pere setksaedbr helbgeole y cereotkzer he elkdkioehklel lb he KAD.Bo bh phezi kogblketi sbre obdbserki qub he KADephkdere bstrkdtegbotb he edtueh pihtkde lb prbdkis,

    qub bo creo gblkle sb fese bo his distis (bh prb-dki qub sb prbv qub pecub bh dhkbotb bs uoe pri-pirdko lbh disti lbh priybdti). Dio bh tkbgpisb lbfbre treter lb feser his prbdkis bo bh vehirlb gbrdeli pere qub he KAD oi dirre bh rkbsci lblbsphezer e itris privbblirbs lb dioidkgkbo-tis. Bs pir bse rezo qub his prbdkis lb hes ko-

    vbrskiobs lb he Dirpiredko sb feseo bo bsbprkodkpki. He edtueh drksks bdiogkde y sus pri-fefhbs babdtis sifrb bh akoeodkegkboti privb-okbotb lb lioeotbs y lb he KAD diostktuybo uoeipirtuoklel pere qub he Dirpiredko sb bsaubrdbgs bo feser his prbdkis bo bh vehir lb gbrdelib kostb e medbr hi pripki e itres kostktudkiobs lbeskstbodke pere bh lbserrihhi.

    VbdigboledkiobsBh prbsbotb bxegbo sb le bo uo diotbxti lb pri-auoles lkakduhtelbs bo his gbrdelis akoeodkbris ycrevb rbluddko lb he bsdehe