the global economic recession and industrial structure: evidence from four asian dragons
TRANSCRIPT
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8/3/2019 The Global Economic Recession and Industrial Structure: Evidence from Four Asian Dragons
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8/3/2019 The Global Economic Recession and Industrial Structure: Evidence from Four Asian Dragons
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8/3/2019 The Global Economic Recession and Industrial Structure: Evidence from Four Asian Dragons
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]nd ibjjcwyd bh d~wbq}y }nc} ncy c}}demdm }nd itqqde} kjbacj dibebfoi qdidyyobe }nqdc}dey}nd d~wbq}&jdm dibebfoi kqb{}n bh }nd hbtq Cyoce mqckbey% ]b ad}}dq temdqy}cem }nddibebfoi wdqhbqfceidy cem ht}tqd wqbywdi}y bh }nd hbtq mqckbey* }noy wcwdq hoqy} d~cfoedy}nd dibebfoi y}qti}tqcj incekdy }nc} ncxd }c`de wjcid oe Nbek @bek* Inoec0 }nd Qdwtajoi bh@bqdc0 Yoekcwbqd0 cem ]cowdo*Inoec* cy {djj cy }nd kqcmtcj ynoh}oek bh }nd ybtqidy bhdibebfoi kqb{}n c{c hqbf }nd fcethci}tqoek ydi}bq cem }b{cqm }nd ydqxoid ydi}bq%Hbjjb{oek }noy* c wcedj mc}c yd} hbq }nd hbtq mqckbey hbq }nd wdqobm 3??4177> oy ibey}qti}dmcem c ho~dm&dhhdi}y fbmdj cwwjodm }b }nd mc}c% ]nd dy}ofc}dm ibdhhoiode}y mdqoxoek hqbf }ndcwwjoic}obe bh }nd fbmdj oemoic}d }nc} kqb{}n oe }nd ydqxoid ydi}bq* d~wbq}y* cem kqbyy ho~dmicwo}cj hbqfc}obe dcin ncxd c wbyo}oxd cem y}c}oy}oicjj yokeohoice} ofwci} be dibebfoikqb{}n% [nojd }nd dy}ofc}dm ibdhhoiode} oy eb} yokeohoice}* }ndqd oy cjyb c noe} bh c wbyo}oxdictycj qdjc}obeynow ad}{dde fcethci}tqoek ydi}bq kqb{}n qc}dy cem KMW% ]nd dfwoqoicjqdytj}y ibehoqf }nd ynoh}y baydqxdm oe oemty}qocj y}qti}tqdy cem }nd ibe}qoat}obe bh }nd ydqxoidydi}bq }b dibebfoi kqb{}n% Ed{ ydqxoid mdxdjbwfde} .EYM/* {noin oe}dkqc}dy
fcethci}tqoek bt}wt} {o}n nokn xcjtd&cmmdm ydqxoidy* oy ce}oiowc}dm }b ad c ed{ dekoed hbqdibebfoi kqb{}n cem mdydqxdy fbqd c}}de}obe* dywdiocjj oe }nd qdcjf bh kbxdqefde}wbjoifc`oek {o}noe }nd hbtq Cyoce mqckbey%
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8/3/2019 The Global Economic Recession and Industrial Structure: Evidence from Four Asian Dragons
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8/3/2019 The Global Economic Recession and Industrial Structure: Evidence from Four Asian Dragons
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CMAO [bq`oek Wcwdq 934 Nyodn
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]nd dibebfody bh Dcy} Cyoc cem Ybt}ndcy} Cyoc ncxd noy}bqoicjj hdc}tqdm kdedqcjj ybtemmdxdjbwfde}cj wc}ny {o}n ibeyomdqcajd fciqbdibebfoi y}caojo}% Cfbek }ndf* }nd hbtqmqckbey bh }nd ed{j oemty}qocjo|dm dibebfody .EODy/3
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{dqd }nd ady} dibebfoi wdqhbqfdqy bh}nd 3?;7y* 3?>7y* cem 3??7y* }nc} oy* te}oj }nd beyd} bh }nd Cyoce hoeceiocj iqoyoy oe 3??;%]ndyd dibebfody ncm adedho}y bh }dineoicj wqbkqdyy cem jb{dq jcabq iby}y }b denceid}nd mdxdjbwfde} bh }ndoq icwo}cj&oe}deyoxd oemty}qody* cem }noy mdxdjbwfde} ncy* oe }tqe*wqbxomdm }nd icwo}cj cem jcabq qdybtqidy edidyycq hbq }nd kqb{}n bh }ndoq ydqxoid ydi}bqy%Cj}nbtkn }ndqd ncy adde ybfd moyckqddfde} qdkcqmoek ybtqidy bh kqb{}n .@qtkfce 3??=/*}nd fdmotf&}dqf yty}coecaojo} bh kqb{}n hbq }nd dibebfody oe }nd qdkobe ncy kdedqcjj adde}c`de hbq kqce}dm% Cjj hbtq dibebfody cqd ijcyyohodm cy nokn&oeibfd dibebfody a }nd [bqjmAce` cem cmxceidm dibebfody a }nd Oe}dqec}obecj Fbed}cq Htem .OFH/% ]nd qdibxdq wc}nhqbf }nd Cyoce hoeceiocj iqoyoy {cy qc}ndq atfw* cj}nbtkn }ndqd {cy c stoi` qdabtem oe3???% ]nd atqy}oek bh }nd TY nokn&}din ataajd oe 1773 qdytj}dm oe ceb}ndq oe}dqqtw}obe }bdibebfoi kqb{}n hbq }ndyd hbtq d~wbq}&bqode}dm dibebfody* {noin qdj ndcxoj be nokn&}din
bqokoecj dstowfde} fcethci}tqdqy .BDF/ cy }ndoq fcoe ybtqid bh d~wbq}&jdm kqb{}n%]nd ytawqofd jbce iqoyoy ncy ncm mqcy}oi ibeydstdeidy hbq dibebfody }nc} mdwdemd~idyyoxdj be d~wbq}y cem }nd hbtq EODy oe Cyoc cqd eb d~idw}obe% ]nd ydxdqo} bh }noy kjbacjdibebfoi iqoyoy oy {djj qdwqdyde}dm a tedfwjbfde} qc}dy% Oe FcLted 177?tedfwjbfde} qc}dy qdcindm ed{ jdxdjy* nokn hbq qdide} dcqy* bh 4%?$* 4%=$* cem =%7$qdywdi}oxdj hbq Nbek @bek* Inoec0 }nd Qdwtajoi bh @bqdc0 cem ]cowdo*Inoec0 {nojd qc}dy bh?%4$ cem adbem {dqd qdibqmdm hbq }nd Teo}dm Y}c}dy cem }nd Dtqb cqdc% ]nd mdijoed oed~wbq} kqb{}n {cy c wqofcq qdcybe hbq }ndyd jdxdjy bh tedfwjbfde}% ]nd kqb{}n bhYoekcwbqdy dibebf {cy hjc} bxdq }nd ycfd wdqobm% ]cowdo*Inoec ythhdqdm c ==%4$ mdijoedoe d~wbq}y oe Lcetcq 177? hbjjb{oek o}y hbtq}n&stcq}dq hcjj oe djdi}qbeoiy d~wbq}y oe 177>%Ndeid* ]cowdo*Inoecy ckkqdkc}d d~wbq} kqb{}n qc}d cjyb mdijoedm* hcjjoek 31$ oe }nd hoqy}stcq}dq bh 177?* cem qdfcoeoek edkc}oxd te}oj }nd hbtq}n stcq}dq bh 177?%
Bxdq }nd jcy} }{b }b }nqdd mdicmdy* }ndqd ncy adde c {djj&qdibkeo|dm cem kqb{oek dfwncyoybe }nd mdxdjbwfde} bh ydqxoid ydi}bqy hbq }nd hbtq Cyoce mqckbey* dywdiocjj oe Nbek @bek*Inoec% ]nd mtcj itqqde}y bh kjbacjo|c}obe cem ciidjdqc}oek }dinebjbkoicj wqbkqdyy }nc} ncxddecajdm ydqxoidy }b wqdmbfoec}d oe }nd dibebfody bh fby} mdxdjbwdm ibte}qody .Hqbdnjd d}cj% 1777/ ncxd cjyb adde cyyofojc}dm oe}b }nd ed{j oemty}qocjo|dm dibebfody% Hbq d~cfwjd*}nqbtknbt} }nd wdqobm 3??4177>* }nd ydqxoid ydi}bq {cy }nd fclbq ibfwbede} bh kqbyymbfdy}oi wqbmti} .KMW/ kqb{}n oe Yoekcwbqd cem ydqxoid oemty}qody ciibte}dm hbq cabt}88$ bh Yoekcwbqdy kqbyy xcjtd&cmmdm bxdq }noy }ofd%
]nd qdfcoemdq bh }noy wcwdq oy bqkceo|dm cy hbjjb{y% Ydi}obe 1 qdxod{y }nd d~wdqodeidy bh}nd Cyoce hoeceiocj iqoyoy oe 3??;* }nd atqy}oek bh }nd nokn&}din ataajd oe 1773* cem }ndytawqofd iqoyoy oe 177> cem d~wjbqdy }ndoq ofwjoic}obey hbq dcin bh }nd hbtq dibebfody%Ydi}obe 9 t}ojo|dy c ho~dm&dhhdi}y fbmdj oeibqwbqc}oek mc}c qdjc}dm }b ydqxoid ydi}bqy*fcethci}tqoek ydi}bqy* d~wbq}y* cem kqbyy ho~dm icwo}cj hbqfc}obe* cfbeky} b}ndq }noeky* }bd~cfoed }nd kqb{}n bh dibebfody cem }nd oemty}qocj y}qti}tqdy bh }nd hbtq dibebfody hbq }ndwdqobm 3??4177>% Ydi}obe = wqdyde}y cem moyityydy }nd ibeidw} bh ed{ ydqxoidmdxdjbwfde} .EYM/* {noin y}qc}dkoicjj oe}dkqc}dy d~oy}oek y}qdek}ny oe ab}n }nd ydqxoid cemfcethci}tqoek ydi}bqy }b wqbfb}d oemty}qocj oeebxc}obe* cy c }bbj }b ytwwbq} kqb{}nqdacjceioek hbq Cyoc% ]noy oy joe`dm {o}n c moyityyobe bh }nd ibfwbyo}obe bh oe}dqec}obecj }qcmdhbq dcin bh }nd hbtq Cyoce mqckbey* yb cy }b yndm ybfd jokn} be }nd ht}tqd wqbywdi}y hbq}ndyd dibebfody% Ydi}obe 4 moyityydy }nd fciqbdibebfoi y}caojo|c}obe wbjoiody }nc} ncxd
3]nd }dqf adkce }b ad tydm oe }nd 3?;7y cem 3?>7y {nde }nd hbtq Cyoce mqckbey bh Nbek @bek* Inoec0 }nd
Qdwtajoi bh @bqdc0 Yoekcwbqd0 cem ]cowdo*Inoec qbyd }b kjbacj wqbfoedeid {o}n }ndoq d~idw}obecjj hcy}oemty}qocj kqb{}n* ibffdeioek oe }nd 3?87y% Cjj ncxd eb{ dxbjxdm hcq adbem }nd y}c}ty bh EODy .Wcq` cem Qt17780 Ntcek 177>/%
http://cdict.net/q/thehttp://cdict.net/q/thehttp://cdict.net/q/benefithttp://cdict.net/q/ofhttp://en.wikipedia.org/wiki/High_income_economyhttp://en.wikipedia.org/wiki/World_Bankhttp://en.wikipedia.org/wiki/World_Bankhttp://en.wikipedia.org/wiki/Advanced_economieshttp://en.wikipedia.org/wiki/IMFhttp://en.wikipedia.org/wiki/Four_Asian_Tigershttp://en.wikipedia.org/wiki/South_Koreahttp://en.wikipedia.org/wiki/Singaporehttp://en.wikipedia.org/wiki/Republic_of_Chinahttp://en.wikipedia.org/wiki/Republic_of_Chinahttp://en.wikipedia.org/wiki/Singaporehttp://en.wikipedia.org/wiki/South_Koreahttp://en.wikipedia.org/wiki/Four_Asian_Tigershttp://en.wikipedia.org/wiki/IMFhttp://en.wikipedia.org/wiki/Advanced_economieshttp://en.wikipedia.org/wiki/World_Bankhttp://en.wikipedia.org/wiki/World_Bankhttp://en.wikipedia.org/wiki/High_income_economyhttp://cdict.net/q/ofhttp://cdict.net/q/benefithttp://cdict.net/q/the -
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Cfbek }nd hbtq EODy* Nbek @bek* Inoec0 }nd Qdwtajoi bh @bqdc0 cem Yoekcwbqd ythhdqdmedkc}oxd dibebfoi kqb{}n oe 3??> at} stoi`j qdabtemdm oe 3???% ]cowdo*Inoec* be }nd b}ndqncem* fcoe}coedm c wbyo}oxd KMW kqb{}n qc}d bh =%44$ oe 3??>c mqbw bh 1%7=$ hqbf8%4?$ oe 3??;d} o} {cy }nd jcy} dibebf }b qdabtem ch}dq }nd iqoyoy cem o}y qdibxdq {cyyjb{% ]nd acyoi mockebyoy {cy }nc} Dcy} Cyoc ncm d~wbydm o}ydjh }b }nd iqoyoy a fcoe}coeoek
xbjc}ojd icwo}cj hjb{y {noin jdm }b itqqdei oey}caojo} cem d~}qdfdy oe oe}dqdy} qc}dy
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]nd mddw mdijoed oe }nd TY djdi}qbeoiy ydi}bq oe 1773 qdytj}dm oe ceb}ndq oe}dqqtw}obe }b }nddibebfoi kqb{}n bh }nd d~wbq}&bqode}dm dibebfody bh }nd hbtq Cyoce mqckbey% ]nd yncqw hcjjoe nokn&}din d~wbq}y yc{ }nd KMW kqb{}n qc}dy bh Nbek @bek* Inoec cem }nd Qdwtajoi bh@bqdc yjb{ }b 7%47$ cem 9%>=$ qdywdi}oxdj .]cajdy 3 cem 1/ {nojd oe Yoekcwbqd cem]cowdo*Inoec kqb{}n qc}dy yjowwdm }b 1%9;$ cem 1%3;$ qdywdi}oxdj .]cajdy 9 cem =/ oe1773* ce dxde {bqyd bt}ibfd }nce }nc} {noin hbjjb{dm }nd 3??; Cyoce hoeceiocj iqoyoy% ]nd1773 qdidyyobe {cy }nd {bqy} d~wdqodeidm a ]cowdo*Inoec oe fbqd }nce hbtq mdicmdy cem o}oemoic}dm wqbajdfy bh bxdq&ibeide}qc}obe be jb{dq&dem nokn&}din d~wbq}y%
.Nyodn1777/* {noin oe }tqe ncm ictydm oedhhoiode} oexdy}fde} ywdemoek cem ldbwcqmo|dm }nd y}caojo}bh }nd ace`oek yy}df .Qcmdjd} cem Yciny 3??>/% }nd Qdwtajoi bh @bqdcy d~}deyoxdoemty}qocj qdy}qti}tqoek ibe}qoat}dm* c} jdcy} wcq}j* }b o}y mddw&X qdabtem }b ?%=?$ KMWkqb{}n oe 3???% ]nd qdfcoeoek }nqdd Cyoce mqckbey cjj fcmd yokeohoice} cem ibehomdeid&qdxoxoek ofwqbxdfde}y oe }ndoq hoeceiocj cem b}ndq ydi}bqy%
C} }nd }ofd bh }nd bt}aqdc` bh }nd ytawqofd jbce iqoyoy oe 177>* fby} Cyoce dibebfody {dqdfbmdjy bh wqtmdeid% [nojd Cfdqoice cem Dtqbwdce nbtydnbjmy {dqd abqqb{oek tw }b }ndnoj}* }ndoq Cyoce dstoxcjde}y {dqd }ti`oek c{c }ndoq ycxoeky% _d} fce ibte}qody oe Cyocyddf }b ncxd adde no} ncqmdq a }nd iqoyoy }nce }ndoq ywdem}nqoh} [dy}dqe ibte}dqwcq}y% Oe }ndjcy} stcq}dq bh 177>* KMW yjtfwdm a cqbtem 34$ cem d~wbq}y hdjj a fbqd }nce 47$ hbq }ndhbtq mqckbe dibebfody% ]nd 3??; hoeceiocj iqoyoy ncm adde ictydm a Cyocy d~idyyoxd
1]nd Cyoce hoeceiocj iqoyoy ncy o}y qbb}y oe c}}dfw}y c} hoeceiocj qdhbqfy oe Dcy} Cyoc oe }nd dcqj 3??7y% ]nd Dcy}
Cyoc dfacq`dm be hoeceiocj fcq`d} mdqdktjc}obe cem icwo}cj hjb{ joadqcjo|c}obe oe }nd ydibem ncjh bh }nd 3?>7y*cem }nd wqbidyy bh joadqcjo|c}obe {cy ciidjdqc}dm oe }nd 3??7y% ]nd hoeceiocj qdhbqfy {dqd cofdm c} twkqcmoekhoeceiocj oey}o}t}obey* at} oe hci} jdh} }nd dibebfody d~wbydm }b }nd oey}caojo}ody bh oe}dqec}obecj hoeceiocj fcq`d}y%
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8/3/2019 The Global Economic Recession and Industrial Structure: Evidence from Four Asian Dragons
8/31
CMAO [bq`oek Wcwdq 934 Nyodn
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8/3/2019 The Global Economic Recession and Industrial Structure: Evidence from Four Asian Dragons
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CMAO [bq`oek Wcwdq 934 Nyodn
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8/3/2019 The Global Economic Recession and Industrial Structure: Evidence from Four Asian Dragons
10/31
CMAO [bq`oek Wcwdq 934 Nyodn
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8/3/2019 The Global Economic Recession and Industrial Structure: Evidence from Four Asian Dragons
11/31
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8/3/2019 The Global Economic Recession and Industrial Structure: Evidence from Four Asian Dragons
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CMAO [bq`oek Wcwdq 934 Nyodn
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177?S3 .37%1=3/ && 99%?>1 4%819 379%=7; 977*311 4133 .98%8>9/
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177?S9 .3%777/ && 91%;?; 8%7>7 374%977 918*147 ;39; .17%>8?/
177?S= ?%177 && 91%934 4%>47 374%3;7 9=4*498 ;;79 38%?99
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8/3/2019 The Global Economic Recession and Industrial Structure: Evidence from Four Asian Dragons
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http://en.wikipedia.org/wiki/Economic_growthhttp://tw.dictionary.yahoo.com/search?ei=UTF-8&p=%E7%94%A2%E6%A5%ADhttp://en.wikipedia.org/wiki/Developed_country#CIA_advanced_economy_listhttp://tw.dictionary.yahoo.com/search?ei=UTF-8&p=%E7%94%A2%E6%A5%AD%E7%B5%90%E6%A7%8Bhttp://tw.dictionary.yahoo.com/search?ei=UTF-8&p=%E7%94%A2%E6%A5%AD%E7%B5%90%E6%A7%8Bhttp://en.wikipedia.org/wiki/Developed_country#CIA_advanced_economy_listhttp://en.wikipedia.org/wiki/Developed_country#CIA_advanced_economy_listhttp://tw.dictionary.yahoo.com/search?ei=UTF-8&p=%E7%94%A2%E6%A5%ADhttp://en.wikipedia.org/wiki/Economic_growth -
8/3/2019 The Global Economic Recession and Industrial Structure: Evidence from Four Asian Dragons
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8/3/2019 The Global Economic Recession and Industrial Structure: Evidence from Four Asian Dragons
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8/3/2019 The Global Economic Recession and Industrial Structure: Evidence from Four Asian Dragons
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8/3/2019 The Global Economic Recession and Industrial Structure: Evidence from Four Asian Dragons
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8/3/2019 The Global Economic Recession and Industrial Structure: Evidence from Four Asian Dragons
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8/3/2019 The Global Economic Recession and Industrial Structure: Evidence from Four Asian Dragons
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CMAO [bq`oek Wcwdq 934 Nyodn
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]nd dy}ofc}dm qdytj}y cqd eb} ytqwqoyoek* koxde }nd hci} bh }nd oeiqdcyoekj y}qbekdq ofwci}ybh d~wbq}y cem }nd ydqxoid ydi}bqy be }nd kqb{}n qc}dy bh KMW oe }nd d~wbq}&jdm hbtq mqckbey%]nd qdytj}y mdqoxoek hqbf }nd ho~dm&dhhdi}y fbmdj oemoic}d dibebfoi y}qti}tqcj incekdy
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8/3/2019 The Global Economic Recession and Industrial Structure: Evidence from Four Asian Dragons
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CMAO [bq`oek Wcwdq 934 Nyodn
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8/3/2019 The Global Economic Recession and Industrial Structure: Evidence from Four Asian Dragons
22/31
CMAO [bq`oek Wcwdq 934 Nyodn
3>
}nd y}cemcqm fcq`d}wjcid hbq ed{ ydqxoid {nojd Nbek @bek* Inoec {cy temdqkboek oe}dqecjy}qti}tqcj incekdy bh o}y acyd% O} oeijtmdm ab}n }nd bwdqc}obecj ci}oxo}ody cem }nd joe`ckdycfbek mohhdqde} ci}oxo}ody bh }nd ydqxoid bqkceo|c}obe }nc} mdjoxdq oe}deyohodm jdxdj bh ydqxoidstcjo}% ]nbtkn }nd EYM }nc} {cy }c`oek wjcid oe Nbek @bek* Inoec c} }nc} }ofd oy eb{qdidoxoek oeiqdcydm c}}de}obe* }nd EYM wqbidyy ncy adde oe}dqqtw}dm a }nd qdide} dibebfoiynbi` cem cyybioc}dm kjbacj qdidyyobe% C qdibxdqdm ytwwbq} hqbf }nd kbxdqefde} bh Nbek@bek* Inoec oe 177? fc ndjw yd} }nd acyoy bh ceb}ndq y}ckd hbq ed{ ydqxoidy }b mdxdjbw{o}n c ibffdqiocj hbity%
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8/3/2019 The Global Economic Recession and Industrial Structure: Evidence from Four Asian Dragons
23/31
CMAO [bq`oek Wcwdq 934 Nyodn
3?
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=%9 Yoekcwbqd
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O]&qdjc}dm ydqxoidy }b ndjw mdxdjbw ed{ oemty}qody dhhdi}oxdj% C} }nc} }ofd* }nd acyd bh ed{ydqxoid mdxdjbwfde} ncy adde dy}cajoyndm% Nb{dxdq* kqb{}n oe fcethci}tqoek ibe}oetdm }bhcjj}b 37%;$ oe }nd hbtq}n stcq}dq bh 177> cem }b =%3$ hbq }nd de}oqd dcq bh 177?%[dc`deoek kjbacj mdfcem mqbxd }nd fcethci}tqoek yjtfw oe Yoekcwbqd* {noin {cy kqdc}dy}oe }nd djdi}qbeoiy cem aobfdmoicj oemty}qody% Ebe&boj d~wbq}y mdijoedm hqbf }nd hoqy} stcq}dq bh177> }b }nd }noqm stcq}dq bh 177?cfbek }ndf djdi}qbeoiy d~wbq}y .jcqkdj ibfwbede}y bhibfwt}dqy cem ibfwt}dq&qdjc}dm dstowfde} ytin cy ncqm moy` mqoxdy/ hdjj a cabt} 97$ oe}nd hoqy} }{b fbe}ny bh 177? cem ebe&djdi}qbeoi d~wbq}y mqbwwdm a cjfby} 17$%
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bh }nd kjbacj yjtfw oe oehbqfc}obe }dinebjbk&qdjc}dm kbbmy% Qdhjdi}oek }nd nokn ibqqdjc}obead}{dde }nd kjbacj atyoedyy iijd cem Yoekcwbqdy dibebfoi wdqhbqfceid* KMW kqb{}nyjb{dm hqbf 8%;$ oe }nd hoqy} stcq}dq bh 177> }b 1%4$ oe }nd ydibem stcq}dq% ]ndqd {cy c=%1$ ibe}qci}obe oe }nd hbtq}n stcq}dq bh 177> cem c 37%3$ ibe}qci}obe oe }nd hoqy} stcq}dq bh177? .ydd ]cajd 9/% ]ndyd ibemo}obey iqdc}dm kqdc} mohhoitj}ody hbq }nd oe}dqec}obecjatyoedyydy oe Yoekcwbqd }qoek }b fc`d wqbkqdyy be EYM% Yoekcwbqd ibffdeidm c fojmqdabtem oe }nd }noqm stcq}dq bh 177? cy }nd kjbacj dibebfoi yo}tc}obe y}cq}dm }b ofwqbxd%
=%= ]cowdo*Inoec
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}noy oy }nc} }nd dibebfy nokn&}din oemty}qody oe }nd fcethci}tqoek ydi}bq biitw cyokeohoice} wjcid oe kjbacj kbbmy fcq`d}y% Ch}dq kqb{oek a ce cxdqckd bh 4%=$ oe }nd hoqy}
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}{b stcq}dqy bh 177>* KMW y}cq}dm }b mdijoed oe }nd }noqm stcq}dq bh 177> cem ibe}oetdm }b mbyb te}oj o}y qdabtem oe }nd hbtq}n stcq}dq bh 177?% KMW ibe}qci}dm a >%4$* 37%1$* cem 8%?$qdywdi}oxdj oe }nd hbtq}n stcq}dq bh 177> cem }nd hoqy} }{b stcq}dqy bh 177?% ]nd yjb{mb{ebxdq 177> y}dffdm hqbf c yjtfw oe d~wbq}y bh fcinoedq cem djdi}qbeoiy wqbmti}y cem }ndyjtkkoynedyy bh ho~dm oexdy}fde} bxdq }nd ycfd wdqobm% ]nd {dc`edyy oe mbfdy}oi mdfcem{cy bhhyd} a ybfd kqb{}n oe ed} d~wbq}y* }noy adoek }nd fcoe qdcybe hbq }nd d~wceyobe bhKMW oe }nd hoecj stcq}dq bh 177?% Mbfdy}oi mdfcem ibe}qci}dm cem oehjc}obe oeiqdcydm bxdqo}y wqdxobty 3=&dcq jdxdj at} ncm mdijoedm a }nd dem bh 177>%
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`eb{jdmkd cem wqb}b}wdy oe fcethci}tqoek&bqode}dm }dinebjbk mdxdjbwfde}% ]nd EYMoeo}oc}oxd adoek htemdm a }noy ebe&wqbho} bqkceo|c}obe denceidy ibqd ibfwd}deiody cem ndjwy}qceyhdq ytiidyyhtj EYM d~wdqodeidy }b b}ndq oemty}qody {nojd ydqxoid&acydm }dinebjbkmdxdjbwfde} oy y}ojj dxbjxoek% Yoeid fbqd }nce ?;$ bh ibfwceody be }nd oyjcem cqd yfcjj cemfdmotf&yo|dm de}dqwqoydy .YFDy/* }nd htemoek oeide}oxdy wqbxomdm a xcqobty EYMwqbkqcfy fc ndjw }ndyd ibfwceody ywddm tw }nd wqbidyy bh }qceyhbqfc}obe cem dejcqkd}ndoq icwcio}ody hbq oeebxc}obe%
]nd EYM fbmdj {btjm cjyb ndjw }b denceid }nd wqbmti}oxo} bh }nd }qcmo}obecj ydqxoid ydi}bqycem }ndqda qcoyd {ckdy hbq {bq`dqy cem iqdc}d fbqd lbay }nce {btjm ad }nd icyd ybjdj oe}nd icwo}cj&oe}deyoxd djdi}qbeoiy oemty}q% B{oek }b }nd oe}cekoaojo} bh ydqxoidy* cy {djj cy }ndteidq}coe} cem ibfwjd~o} oendqde} oe }nd oe}dkqc}obe bh }nd fcethci}tqoek cem ydqxoid
ydi}bqy* }nd mdxdjbwfde} bh ydqxoid&bqode}dm wqbmti}y fc ibehqbe} ted~wdi}dm incjjdekdy%Cj}nbtkn }nd EYM mdxdjbwfde} wqbidyy ncy eb} }tqedm bt} ce kqdc} ytiidyydy }nty hcq*}nd nokn&dem ydqxoidy mqoxde a nokn&}dinebjbk cem kdedqcjj y}qbek fcethci}tqoek acydyoe ab}n }nd Qdwtajoi bh @bqdc cem ]cowdo*Inoec ibtjm y}ojj ad iqtiocj hbq ht}tqd mdxdjbwfde}%Oe ibe}qcy}* }nd ydqxoid ydi}bq ncy adde c ibqd wojjcq bh dibebfoi kqb{}n oe ab}n Yoekcwbqdcem Nbek @bek* Inoec% Y}qbekj ibeedi}dm {o}n {bqjm{omd hoeceiocj fcq`d}y* ibfwceody oeYoekcwbqd cem Nbek @bek* Inoec ice }c`d htjj cmxce}ckd bh kjbacj icwo}cj ibexdqkdeid cem}nd nokn xcjtd&cmmdm ydqxoidy iqdc}dm a EYM% Koxde }nd kjbacjo|oek }qdem* {bqjm&jdcmoekibfwceody oe }nd hbtq Cyoce mqckbey eddm }b wtqytd }ndoq qdywdi}oxd fbmdjy bh EYM oe bqmdq}b fo}okc}d }nd xbjc}ojo} }nc} cqoydy hqbf bxdq&qdjoceid be d~wbq}y%
Hbq }nd hbtq Cyoce mqckbey* }nd qdide} dibebfoi iqoyoy ibtjm }tqe bt} }b ad ce bwwbq}teo} }b
abby} hoeceiocj oe}dkqc}obe {o}noe Cyoc cy {djj cy }nd qdkobey kjbacj dibebfoi y}c}ty% O} cjybqdxdcjy }nc} }nd hbtq dibebfody ynbtjm eb} bej qdj be }ndoq fcethci}tqoek ydi}bqy* at} cjybbe }ndoq ydqxoid ydi}bqy% ]nd qckoek kjbacj dibebfoi qdidyyobe ncy qdfbxdm }nd fcoebaldi}obey }nc} {dqd qcoydm ckcoey} }nd dy}cajoynfde} bh }nd Cyoce Fbed}cq Htem oe 3??;*cem ncy fcmd Cyocey ad}}dq cajd }b cwwqdioc}d }nd ofwbq}ceid cem adedho}y bh ydjh&oeytqceid.[bb 1737/% Htq}ndq* }nd WQI oy cjqdcm bed bh }nd fby} ofwbq}ce} d~wbq}oek cem ofwbq}oekec}obey {bqjm{omd .Homqfti cem @bqnbede 177?/%
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4% FCIQBDIBEBFOI Y]CAOJO\C]OBE WBJOIODY HBQ ]NDKJBACJ DIBEBFOI QDIDYYOBE
]nd hbtq Cyoce mqckbe dibebfody {de} oe}b c yjtfw oe 177> cem tedfwjbfde} qc}dy qbydcy }nd ofwci} bh }nd kjbacj dibebfoi qdidyyobe ywqdcm cjj bxdq }nd {bqjm% ]nd wbjoiodycmbw}dm a }nd kbxdqefde}y bh }ndyd hbtq dibebfody mtqoek }nd wdqobm bh iqoyoy {ojj oehjtdeid}ndoq qdibxdq bh d~wbq}&jdm kqb{}n oe }nd ht}tqd% Oe }noy ydi}obe* }nd fclbq fciqbdibebfoiy}caojo|c}obe wbjoiody bh }nd hbtq Cyoce mqckbey cqd aqodhj moyityydm%
4%3 Nbek @bek* Inoec
Cj}nbtkn o}y hqdd cem bwde dibebf fc`dy Nbek @bek* Inoec c teostd mdxdjbwfde} fbmdj*o} {cy edxdq}ndjdyy* }b ybfd d~}de}* cjyb c xoi}of bh }nd qdide} kjbacj dibebfoi iqoyoyy}dffoek hqbf }nd TY ytawqofd jbce iqoyoy% Oe jokn} bh }nd Jdnfce Aqb}ndqy ace`qtw}i* }ndKbxdqefde} bh }nd Nbek @bek Ywdiocj Cmfoeoy}qc}oxd Qdkobe ibemti}dm c htjj cemibfwqdndeyoxd qdxod{ bh }nd qdktjc}bq hqcfd{bq` hbq }nd yditqo}ody cem ht}tqdy fcq`d}y* oe
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]b cyytqd jostomo} oe }nd ace`oek ydi}bq* }nd Nbek @bek Fbed}cq Ct}nbqo} .N@FC/ ncyadde oeldi}oek ytay}ce}ocj icwo}cj oe}b }nd oe}dqace` fcq`d}% ]{b wqddfw}oxd fdcytqdy ncxdadde oe}qbmtidm }b y}qdek}nde ibehomdeid oe Nbek @bek* Inoecy ace`oek yy}df< .o/ }nd tydbh }nd D~incekd Htem }b ktcqce}dd qdwcfde} bh }nd TY mbjjcq cem hbqdoke&itqqdeimdwbyo}y ndjm {o}noe cjj ct}nbqo|dm oey}o}t}obey oe Nbek @bek* Inoec* oeijtmoek aqceindy bhbxdqydcy oey}o}t}obey0 cem .oo/ }nd dy}cajoynfde} bh c Ibe}oekde} Ace` Icwo}cj Hciojo} }b ab}nfc`d cxcojcajd }b cem deytqd ythhoiode} icwo}cj hbq jbicjj oeibqwbqc}dm ace`y% ]ndydfdcytqdy {ojj ad oe wjcid te}oj }nd dem bh 1737%
]nd Kbxdqefde} ncy cjyb ytwwbq}dm YFDy* {noin ncxd adde kqdc}j chhdi}dm a }nd iqdmo}iqtein% C Jbce Ktcqce}dd Yindfd cem D~wbq} Fcq`d}oek Htem hbq YFDy ncxd addedy}cajoyndm% C TY-377 aojjobe Ywdiocj Jbce Ktcqce}dd Yindfd .YwKY/ ncy adde jcteindm}b wqbxomd ce tw&}b&;7$ ktcqce}dd }b ibffdqiocj&hoeceioek ibfwceody }nc} d~}dem jbcey }bjbicj ibfwceody% ]nd fc~oftf jbce }nc} dcin de}dqwqoyd fc ba}coe temdq }nd YwKY oyTY-8 fojjobe* cem TY-9 fojjobe bh }nc} cfbte} ice ad tydm hbq mda} cem jd}}dqy bh iqdmo}% Cjjibfwceody d~idw} joy}dm ibfwceody fc cwwj% Oe ywo}d bh }nd dibebfoi mb{e}tqe* }ndkbxdqefde} ncy eb} it} o}y wtajoi d~wdemo}tqd* cem }noy oeijtmdy }nd atmkd}y hbq ndcj}nicqd*ybiocj {djhcqd* dmtic}obe* cem dexoqbefde}cj wqb}di}obe% ]b cmm }b }nd 87*777 lbabwwbq}teo}ody iqdc}dm a oehqcy}qti}tqd wqbldi}y oe 177?* cmxceidm qdiqto}fde} bh io}o|dey cem
}nd iqdc}obe bh wcq}&}ofd lbay ncxd adde wqbfb}dm oe }nd 3> cmfoeoy}qc}oxd moy}qoi}y%
4%1 Qdwtajoi bh @bqdc
]nd Kbxdqefde} bh }nd Qdwtajoi bh @bqdc jdcqedm o}y jdyybe hqbf }nd Cyoce hoeceiocj iqoyoycem qdywbemdm y{oh}j }b }nd dibebfoi mb{e}tqe }nc} c}}demdm }nd 177>177? dibebfoiiqoyoy% ]b y}caojo|d }nd hoeceiocj yy}df cem hbqdoke oexdy}fde}* }nd kbxdqefde} wqddfw}oxdjqdfbxdy teidq}coe} oe }nd itqqdei cem hoeceiocj fcq`d}y y}dffoek hqbf }nd kjbacjdibebfoi qdidyyobe .Qdwtajoi bh @bqdcy Foeoy}q bh Y}qc}dk cem Hoeceid 177?/% ]ndQdwtajoi bh @bqdc ncy ofwjdfde}dm }nd jcqkdy} wqbldi} cfbek }nd Cyoce mqckbey }b qdyitdy}bi` fcq`d} oexdy}bqy% ]nd kbxdqefde} ywde} TY-1=7 aojjobe }b y}caojo|d }nd y}bi` fcq`d}*
}nd xbjc}ojo} bh {noin ncm ictydm cjj ace`y cem hoeceiocj mdwcq}fde}y }b ythhdq% ]nd @bqdcMdxdjbwfde} Ace` cem }nd Hbqdoke ]qcmd Ace` bh @bqdc wqbxomdm c }nqdd&dcq [377 aojjobektcqce}dd hbq jbicj ace`y oe }nd hbqdoke d~incekd fcq`d}% ]b deytqd }nc} }ndqd oy c ythhoiode}
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ytwwj bh jostomo} oe }nd ace`oek ydi}bq* }nd ct}nbqo} oy oeldi}oek c htq}ndq [977 aojjobe oe}b}nd fcoe ace`y%
]nd kbxdqefde} ncy demdcxbqdm }b wqbiddm {o}n }nd qdhbqf bh }nd oemty}qocj y}qti}tqd ahbqftjc}oek o}y fbed}cq wbjoiody% O} ncy wqbxomdm c [? aojjobe iqdmo}&jbce hbq YFDy cem*fbqdbxdq* ce cmmo}obecj [3%1 }qojjobe abemy {ojj ad d~wdi}dm }b ytwwbq} de}dqwqoydy% ]nd
kbxdqefde} ncy cjyb mdxdjbwdm hoeceid wbjoiody }b y}oftjc}d mbfdy}oi ibeytfw}obe% Hbqd~cfwjd* }b qdxo}cjo|d }nd dibebf }nd kbxdqefde} ncy wqbwbydm jdkoyjc}oek c hoxd&dcq[17%; }qojjobe }c~ it} }b y}oftjc}d mbfdy}oi ibeytfw}obe cem oexdy}fde}%
]nd kbxdqefde} ncy wqbxomdm c atmkd} bh [3= }qojjobe }b iqdc}d fbqd lba bwwbq}teo}ody%]ndyd cqd ynbq}&}dqf lba bwwbq}teo}ody* wqbxomdm hbq }nbyd {nb cqd oe eddm% ]nd atmkd} oydy}ofc}dm }b kdedqc}d >>7*777 lba bwwbq}teo}ody* {noin {ojj ndjw ybfd wdbwjd }b qd}tqe }b }ndjcabq fcq`d} {nde dibebfoi ibemo}obey ncxd ofwqbxdm% [o}n }ndyd y}caojo|c}obe fdcytqdy*}nd kbxdqefde} cofy }b fc`d ytqd bh ythhoiode} jostomo} oe }nd hbqdoke d~incekd fcq`d} ay}caojo|oek d~incekd qc}dy% Fbqd ytwwjody bh jostomo} {ojj ad wqbxomdm hbq ace`y* yditqo}odyhoqfy* cem cyyd} fceckdfde} hoqfy* {noin ydd` y}caojo} oe }nd mbfdy}oi hoeceiocj fcq`d}%]nd qdstoqdfde}y hbq oyytoek abemy {ojj cjyb ad ofwqbxdm oe bqmdq }b fcoe}coe jb{dq jdxdjy bh
oe}dqdy} qc}dy% Fbqdbxdq* fbqd oexdy}fde} mdioyobey {ojj ad fcmd a y}c}d&b{edm ace`y* o%d%*}nd @bqdc Mdxdjbwfde} Ace` cem }nd Oemty}qocj Ace` bh @bqdc* yb cy }b wqbxomd hoeceiocjytwwbq} hbq YFDy%
4%9 Yoekcwbqd
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yb }nc} mdijoedy oe ed} cyyd} xcjtdyytin cy wqoidy bh dsto} ndjm a }nd ace`y{btjm eb}ictyd c ydxdqd iqdmo} iqtein% ]nd Fbed}cq Ct}nbqo} bh Yoekcwbqd ncy }qodm }b ibexoeid }ndwtajoi }nc} o}y ace`oek yy}df oy ybtem* {o}n }nd wqbfoyd }nc} }nd kbxdqefde} {ojj oe}dqxded ohedidyycq% ]nd Hbqdoke D~incekd Qc}d Wbjoi ncy adde ynoh}dm hqbf fbmdy} cem kqcmtcjcwwqdioc}obe }b eoj cwwqdioc}obe oe bqmdq }b abby} }nd ibfwd}o}oxdedyy bh fcethci}tqdmd~wbq}y% Htq}ndq* wbjoifc`dqy ncxd ktcqce}ddm }b ibfwdeyc}d oexdy}bqy {nb abtkn}y}qti}tqdm eb}dy joe`dm }b Jdnfce Ckkqdkc}d Abemy% Oe ce c}}dfw} }b y}caojo|d }nd hoeceiocjyy}df oe }nd ibe}d~} bh c kjbacj dibebfoi qdidyyobe* }nd kbxdqefde} ncy htjj ktcqce}ddmmdwbyo} {o}nmqc{cjy hbq c idq}coe wdqobm bh }ofd%
]nd ct}nbqo} ncy cjyb wqbxomdm cabt} Y-17%4 aojjobe }b y}oftjc}d oexdy}fde} oe wtajoioehqcy}qti}tqd% Tejo`d b}ndq ibte}qody oe Cyoc* }nd Kbxdqefde} bh Yoekcwbqd mbdy eb} abqqb{
fbed hqbf ce b}ndq ibte}q% O} ncy }c`de Y-=%? aojjobe hqbf o}y ide}qcj ace` }b ytwwbq} }{b}dfwbqcq ytayom cem }c~ moyibte} oeo}oc}oxdy% ]nd kbxdqefde} oy cjyb mdxdjbwoek hoeceioekwbjoiody }b htq}ndq y}oftjc}d mbfdy}oi mdfcem cem ncy atmkd}dm Y-1%9 aojjobe }b ndjw YFDy%A wqbxomoek jostomo} oe }nd fcq`d}* }nd kbxdqefde} ncy fcmd o} dcyodq hbq }nbyd de}dqwqoydy}b kb }nqbtkn }nd kjbacj dibebfoi qdidyyobe% Cabt} 31=*777 ibfwceody {ojj adedho} hqbf }noywqbldi}% ]nd kbxdqefde} cjyb }bb` YKM-3%> aojjobe cem moy}qoat}dm o} }b io}o|dey bh 13&dcqybh ckd cem cabxd%% Dxdqbed be cxdqckd ibtjm kd} c} jdcy} YKM-377%
4%= ]cowdo*Inoec
Oe qdywbeyd }b }nd mdwqdyyobe bh mbfdy}oi mdfcem aqbtkn} be a }nd dibebfoi mb{e}tqe*}nd Kbxdqefde} bh ]cowdo*Inoec ncy cmbw}dm xcqobty fdcytqdy }b deytqd dibebfoi kqb{}n
cem y}oftjc}d mdfcem% Ce Dibebfoi Qdxo}cjo|c}obe Wbjoi ncy adde oey}okc}dm }b y}oftjc}doexdy}fde} oe wtajoi {bq`y% ]nd ct}nbqo}ody nbwd }nc} }nd ofwjdfde}c}obe bh 17 `d wtajoi
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{bq` wqbldi}y cem 8= ywdiocj jbicj oexdy}fde} wjcey {ojj ndjw }b fo}okc}d }nd wqdxcojoekdibebfoi ncqmynow% C kbxdqefde}cj wqbkqcf }b moy}qoat}d ibeytfw}obe xbtindqy }b cjjec}obecjy {cy cjyb wqbfw}j ofwjdfde}dm {o}n c }b}cj xcjtd bh E]-9*877 oe xbtindqy adoekfcmd cxcojcajd }b dcin wdqybe% ]nd E]->1%? aojjobe .cabt} TY-1%44 aojjobe c} }nd d~incekdqc}d bh E]-91%4 6 TYM-3/ wqbkqcf oy d~wdi}dm* c} jdcy} }b ybfd d~}de}* }b wqbfb}dmbfdy}oi dibebfoi kqb{}n a y}oftjc}oek mbfdy}oi ibeytfw}obe% Ydibem* }nd ct}nbqo} ncyiqdc}dm fbqd }nce E]-487 aojjobe {bq}n bh oehqcy}qti}tqd wqbldi}y oe bqmdq }b oeldi} htemy oe}b}nd dibebf cem }ndqda y}oftjc}d mbfdy}oi mdfcem% Htq}ndqfbqd* }nd ct}nbqo} ncyoeo}oc}dm edkb}oc}obey {o}n }nd WQI be ce Dibebfoi Ibbwdqc}obe Hqcfd{bq` Ckqddfde}.DIHC/ hbq }qcmd joadqcjo|c}obe cem }noy fc mqoxd cmmo}obecj dibebfoi kqb{}n%
]nd kbxdqefde} oy cjyb mdxdjbwoek fbed}cq wbjoiody {o}n }nd cof bh qdhbqfoek }nd oemty}qocjy}qti}tqd% C iqdmo}&jbce bh E]-977 aojjobe ncy adde wqbxomdm hbq YFDy* oe cmmo}obe }b c htq}ndqatmkd} cjjb}fde} bh E]-977 aojjobe hbq de}dqwqoyd hoeceioek% Temdq }nd ytwdqxoyobe bh }ndhoeceiocj ytwdqxoybq ibffoyyobe* c kbxdqefde} yditqo} htem ncy adde oeldi}dm oe}b }ndy}bi` fcq`d} cem ynbq}&ydjjoek ncy adde hbqaommde% ]nd kbxdqefde} ncy cjyb oe}qbmtidm cydqody bh dfwjbfde} fdcytqdy {noin fc kdedqc}d ad}{dde 3?7*777 cem 117*777 lbabwwbq}teo}ody% A wjceeoek dfwjbfde} wqbfb}obe fdcytqdy }b qdxo}cjo|d }nd dibebf* }nd
kbxdqefde} cofy }b qdywbem cwwqbwqoc}dj }b }nd tedfwjbfde} }qokkdqdm a }nd kjbacjdibebfoi qdidyyobe cem fc`d kbbm tyd bh ntfce qdybtqidy cem wnyoicj oehqcy}qti}tqd }babby} ec}obecj ibfwd}o}oxdedyy% Nb{dxdq* }nd dhhdi}oxdedyy bh }ndyd fdcytqdy hbq cinodxoek}nd ftj}owjd baldi}oxdy bh iqdc}oek ed{ lbay* y}oftjc}oek mbfdy}oi mdfcem* cem icqoek hbq }ndmoycmxce}ckdm {ojj eddm }b ad dxcjtc}dm oe }nd ht}tqd%
]nd kbxdqefde}y bh hbtq Cyoce mqckbey cjj ofwjdfde}dm ybfd }ofdj wbjoiody }b fo}okc}d }ndncqyn ofwci}y bh }nd kjbacj dibebfoi qdidyyobe% Mtd }b }nd hoeceiocj fdj}mb{e bh TYfcq`d}y oe }nd jcy} stcq}dq bh 177>* dcin kbxdqefde} {cy ibfwdjjdm }b y}oftjc}d mbfdy}oimdfcem oe }nd hcid bh }nd ted~wdi}dm yjtfw oe d~wbq}y% Oe cmmo}obe* }nd fdcytqdyofwjdfde}dm }b mdcj {o}n }nd tedfwjbfde} cem hoyicj mdhoio}y }nc} ncxd dfdqkdm hqbf }ndkjbacj dibebfoi qdidyyobe ncxd cjyb c}}qci}dm }nd c}}de}obe bh }nd wtajoi oe }ndyd dibebfody%
]nd fclbq qdfcoeoek ibeidqe oy {nd}ndq }nd d~wdeyoxd qdyitd wci`ckdy {ojj bej kdedqc}d lbajdyy qdibxdqody% Oh kbxdqefde} wbjoiody cqd dhhdi}oxd cem dhhoiode}* }noy qdwqdyde}y cebwwbq}teo} }b qdacjceid }nd dibebf&{omd dexoqbefde}* dywdiocjj oe }dqfy bh denceioekybiocj {djhcqd cem ec}obecj ibfwd}o}oxdedyy* {noin fokn}* oe }tqe* iqdc}d bwwbq}teo}ody hbqoemty}qocj qdy}qti}tqoek cy {djj cy ed{ ydqxoid mdxdjbwfde}%
8% IBEIJTMOEK QDFCQ@Y
Cj}nbtkn }nd kjbacj iqoyoy }nc} dqtw}dm oe 177> {cy jcqkdj jofo}dm }b }nd hoeceiocj ydi}bq oe o}yoeo}ocj y}ckdy* a 177? o} ncm adibfd ijdcq }nc} }nd {bqjm {cy {o}edyyoek c htjj&ajb{edibebfoi iqoyoy}nd {bqy} yoeid }nd Kqdc} Mdwqdyyobe .Icqqcyib 177?/% ]b hbqftjc}d c
wjctyoajd ht}tqd wc}n bh mdxdjbwfde} jdcmoek bt} bh }nd kjbacj dibebfoi qdidyyobe hbq }ndhbtq bt}{cqm&bqode}dm dibebfody bh Nbek @bek* Inoec0 }nd Qdwtajoi bh @bqdc0 Yoekcwbqd0cem ]cowdo*Inoec* }nd md}dqfoece}y bh dibebfoi kqb{}n qc}dy mtqoek }nd wqdxobty iqoydy oe3??; cem 1773 {dqd d~cfoedm% ]nd wcedj mc}c hbq }nd hbtq Cyoce mqckbey hbq }nd wdqobm3??4177> {cy ibey}qti}dm cem c ho~dm&dhhdi}y fbmdj {cy cwwjodm% ]nd dfwoqoicj hoemoekyoemoic}dm }nc} }nd ofwci}y be }nd kqb{}n bh KMW hqbf }nd kqb{}n qc}dy bh }nd ydqxoid ydi}bq*d~wbq}y* cem kqbyy ho~dm icwo}cj hbqfc}obe cqd wbyo}oxd cem y}c}oy}oicjj yokeohoice}0 {nojd }nddhhdi} bh kqb{}n oe }nd fcethci}tqoek ydi}bq oy cjyb wbyo}oxd at} eb} yokeohoice}% ]noy cjybytkkdy}y }nc} }nd ynoh} c{c hqbf }nd fcethci}tqoek ydi}bq cem }b{cqm }nd ydqxoid ydi}bq cyc fclbq hci}bq oe dibebfoi kqb{}n mdydqxdy ywdiocj c}}de}obe* oe }nd jokn} bh }nd ibjjcwyd bhd~wbq}y }nc} ncy }c`de wjcid oe }ndyd hbtq bt}{cqm&bqode}dm kqb{}n dibebfody% O} oy ijdcq }nc}}nd 3??; Cyoce hoeceiocj iqoyoy* }nd 1773 atqy}oek bh }nd TY nokn&}din ataajd* cem }nde }nd
177>7? kjbacj dibebfoi iqoyoy dcin jdm }b c mdijoed oe }nd kqb{}n qc}dy bh d~wbq}y hbq dcinbh }nd hbtq dibebfody%Ed{ ydqxoid mdxdjbwfde} .EYM/* {noin oe}dkqc}dy nokn&}din bq fbqd
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ybwnoy}oic}dm fcethci}tqoek wqbmti}y {o}n oehbqfc}obe }dinebjbk* }djdibffteoic}obey* cemibeytj}oek htei}obey }b bhhdq nokn xcjtd&cmmdm ydqxoidy* fc ydqxd cy ce dekoed }b hciojo}c}dht}tqd dibebfoi kqb{}n cem mdydqxdy fbqd c}}de}obe* dywdiocjj oe }nd wbjoifc`oek ioqijdybh }nd hbtq Cyoce mqckbey%
Dhhoiodei cecjydy acydm be xcjtd&cmmdm cem iby} fdcytqdy cqd cwwqbwqoc}d {nde
y}tmoek oemty}qocj ibfwd}o}oxdedyy .Djbqce}c cem Nbjfy}qbf 3??>/% ]qcmo}obecjj* }b}cj hci}bqfdcytqdy bh wqbmti}oxo} oeijtmd jcabq cem icwo}cj* fc}dqocjy* cem oe}dqfdmoc}d oewt}y%Nb{dxdq* }nd ijcyyoicj fdcytqd bh wqbmti}oxo}* mdhoedm cy wnyoicj xbjtfdy wdq icwo}c* fctemdqdy}ofc}d }nd wqbmti}oxo} bh }nd ydqxoid ydi}bq cy moyityydm oe }noy wcwdq% ]nd ybiocj{djhcqd cem dfwjbfde} kdedqc}dm a bed mbjjcq oexdy}dm oe }nd fcethci}tqoek ydi}bq ibtjmad ftin jdyy }nce }nc} oe }nd ydqxoid ydi}bq% Ibfwcqoek }nd fcethci}tqoek cem ydqxoidydi}bqy* Ab}}c||o* Ydiino* cem ]cfckeo .177>/ hbtem }nc} cj}nbtkn jcabq wqbmti}oxo} oyyjokn}j fbqd wdqyoy}de} oe }nd fcethci}tqoek ydi}bq {nde ibfwcqdm }b }nd ydqxoid ydi}bq*}nd bwwbyo}d nbjmy hbq icwo}cj wqbmti}oxo}%
[o}n }nd ofwbq}ceid bh }nd ydqxoid ydi}bqy }b }nd dibebfody bh hbtq Cyoce mqckbeyoeiqdcyoek yoeid }nd ytawqofd jbce iqoyoy oe 177>* }nd ibeidw} bh EYM ncy cjyb kcoedm
oeiqdcyoek ofwbq}ceid% EYM ncy incekdm }nd jcemyicwd bh }nd ydqxoid oemty}qody a iqdc}oeked{ jdxdjy bh ibfwd}o}oxdedyy cem o} oy y}qbekj dfwncyo|dm oe fce ibte}qody% ]ndmdxdjbwfde} bwwbq}teo}ody bhhdqdm a EYM cem }nd d~wdqodeid bh oemty}qocj oeebxc}obe {o}noe}nd hbtq Cyoce mqckbey* cqd {bq}n bh htq}ndq moyityyobe {o}n qdkcqm }b }nd qbjd }nd {ojj wjcoe ht}tqd dibebfoi kqb{}n%
[o}n qdkcqm }b Nbek @bek* Inoec* }nd nokndq wqbmti}oxo} kqb{}n bh fcethci}tqoek }nceydqxoidy ibtjm ad }nd qdytj} bh }nd fbxdfde} bh wqbmti}obe lbay caqbcm bq }nd bt}ybtqioek bhydqxoid&qdjc}dm ci}oxo}ody% Ydqxoid oemty}qody oe Nbek @bek* Inoec ncxd adde ibeyoy}de}jfbqd wqbho}cajd }nce fcethci}tqoek yoeid 3?>? .Aqbb` 177?/% ]c`d ]cajd 4 hbq d~cfwjd* }ndyncqd bh xcjtd&cmmdm oe KMW hbq }nd ydqxoid ydi}bq oe Nbek @bek* Inoec {cy ?=%>>% Qdjc}oxdyfcjj wbq}obe bh wqbmti}oxo} kqb{}n oe }nd ydqxoid ydi}bq ibe}qoat}dy fbqd }b }nd bxdqcjjdibebf }nce }nd ycfd wdqide}ckd oe }nd fcethci}tqoek ydi}bq% Ab}n }nd Qdwtajoi bh @bqdccem ]cowdo*Inoec* be }nd b}ndq ncem* {o}n }ndoq y}qbek acydy oe }nd djdi}qbeoiy ytaydi}bq bh}nd fcethci}tqoek ydi}bq* ncxd mdxdjbwdm mohhdqde} fbmdjy bh EYM cy }nd ed{ dekoedy }bndjw }ndf kqb{ bt} bh }nd kjbacj dibebfoi qdidyyobe% Yoekcwbqd* }b c jdyydq d~}de}* oyhbityoek be o}y qbjd cy c hoeceiocj ide}dq cj}nbtkn }nd kbxdqefde} ncy qdcjo|dm }nc} ed{ydqxoid&bqode}dm oemty}qody bq `eb{jdmkd&acydm ydqxoid oemty}qody fc ndjw }b y}oftjc}d cedibebfoi abby} oe }nd ht}tqd% ]nd ibfwd}o}oxdedyy&acydm eoind bh }nd hbtq Cyoce mqckbeyqdwqdyde}y c wb}de}ocjj hqto}htj dexoqbefde} hbq EYM cem* oe }tqe* c wqbfoyoek bwwbq}teo} hbqab}n jcabq cem icwo}cj%
Cj}nbtkn }ndqd oy ncqmynow cndcm hbq }nd hbtq Cyoce mqckbey cy }nd fc`d }ndoq {c }nqbtkn}nd wdqobm bh kjbacj dibebfoi qdidyyobe cqoyoek hqbf }nd 177> iqoyoy* }noy }ofd cjybqdwqdyde}y ce bwwbq}teo} }b demb{ }ndyd dibebfody {o}n }nd teostd ibfwd}o}oxd dmkd }nc}
qdytj}y hqbf oe}dkqc}oek }nd fcethci}tqoek cem ydqxoid ydi}bqy% Cy jbek cy kbxdqefde}wbjoiody cqd dhhdi}oxd cem dhhoiode}* eb{ oy }nd ady} }ofd }b qdacjceid }nd dibebf&{omddexoqbefde} cem iqdc}d kbbm bwwbq}teo}ody hbq }ndyd hbtq d~wbq}&jdm dibebfody }b wqbiddm{o}n EYM hbq oemty}qocj qdy}qti}tqoek%
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Nyt* I% F% 1773% Cyoce Qdkobecj D~incekd hbq Ed{ Cj}dqec}oxdy3;.3/< 4989% Cxcojcajd c}?.9/< 97?917%
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8/3/2019 The Global Economic Recession and Industrial Structure: Evidence from Four