Read without ads and support Scribd by becoming a Scribd Premium Reader.
 
_@DEB_KN(HNBM--!
DGFF@[[NNGHQBPTBHKFNBHTTNDGHKK@T[_@D[-FBTTBDE^TN[[T
W*
x(oW
DEB@_FBH-T^ODGFF@[[NNGHTNMND[B[&MB_ANQE@Y
--xx(
(r(
_NZNH^NFNBT^_NTDEB@_FBH(J_@NHKTGJ@_NMBHK
R{h~arntthj{;nH~`{no
x{~{nt
`<g~tngjmeyrntn~{b{`~nt
Jno~bp?>-?929
fbt;`~a{g~{
fG{
?K>2>
[en_{(EghgbomnKbz`kDbfnghFYEg~tngjDgffghtMghkgh-NhambhkTQmBgBBKnbF(DbfnghBtFnfontgj{en^h`{nkT{b{ntDghanttq`{ebmghat{bhk`ha`h{nnt{`h{enynbdnygdntt-qnbnq`{`hapg~{gkbpjgmmgq`ha{enbannfnh{gh{enknzgm~{`ghgjygm`d`habhkc~t{`dnygqntnbdenkb{E`mmtogg~aeDbt{mnghJno~bp>-?929(Jgfg~yntynd{`zn-{eb{bddgkqbtbhg{ent`ah`j`dbh{bhk{bhtjgfb{`znf`mnt{ghn`hHg{enh@nmbhk{eb{teg~mkdgfymn{n{en{bhtjngjygqntjgfMghkgh{gOnmjbt{bhkymbdn{enntyght`o`m`{pgjagznh`hanudm~t`znmp`h{enebhktgjmgdbmmpnmnd{nkgjj`d`bmtghbdgttdgff~h`{pobt`t(Qnyb{`d~mbmpqnmdgfnkpg~t{ghat{b{nfnh{gjt~yyg{jg{enybd{bhktebnpg~egyn{eb{{endgfygf`tnq`mmmnbk{g/{enn&nt{bom`tefnh{gjygm`{`dbmt{bo`m`{p`hHg{enh@nmbhk(/@{`tg~~hknt{bhk`ha{eb{{enhnu{t{ny`h{enygdntt`tghFbde0qenh{enHg{enh@nmbhkBttnfomp`ttdenk~mnk{gzg{nghbntgm~{`gh{gjgfbmmpknzgmznygm`d`habhkc~t{`dnygqnt`hBy`m(Btbo`yb{`tbhag~y-qnbnagq`ha`hdnbt`hampdghdnhnk{eb{bmmyb{`ntebznhg{zg`dnk{en`~hnr~`zgdbmt~yyg{jg{en~hyndnknh{nkbannfnh{nbdenkb{E`mmtogg~ae(@hyb{`d~mb-{en^mt{n^h`gh`t{Yb{pmnbknT`_naNfynpebtpn{{gt`ahbme`t`h{nh{`ght(B{{e`tknj`h`hafgfnh{`h{enynbdnygdntt-`{`td~d`bm{eb{bmm{enygm`{`dbmyb{`nttynblq`{eghnzg`dnbog~{{en`tebnkj~{~n(Q`{eg~{b~hbh`fg~tzg{n-{ennmnd{nkgjj`d`bmtgjHg{enh@nmbhkqg~mkontnhk`ha{enqghafnttban{g{enyngymn{enpnyntnh{-bhk{g{enqgmk(@hndnh{kbpt-z`gmnhdnebtn{~hnk{g{ent{nn{tgjHg{enh@nmbhk(Jgf{ennuymgt`ghgjb?>9yg~hkogfohnu{{gbdg~{eg~tn`hHnqp-{g{enbobhkghnkfg{bknz`dnmnj{hnbbygm`dnt{b{`gh`hLnbkp-k`tt`knh{tbn{p`ha{gknt{bo`m`sn{enygm`{`dbm`ht{`{~{`ghtbhk{~h{endmgdlobdl(Bhk{gkbp-qnmnbhnkbpg~hafbh!to~{bmf~kn`ton`haombfnkghbh{`&ynbdnygdnttd`f`hbmt(Qndghknfh{entnnynenht`omnbd{`ght`h{ent{ghant{ygtt`omn{nft([entnynyn{b{gtf~t{onog~ae{{gc~t{`dn(Bhk{enygm`dnf~t{ebzn{endgfymn{nt~yyg{gj{endgff~h`{p{enpbnyg{nd{`ha(O~{{entnk`tt`knh{tq`mmdgh{`h~n{gonnfogmknhnk`j{enptnhtn{enn`thgygm`{`dbm~hbh`f`{pgh{enqbpjgqbk(
??95_BPO^_HEG^TNGJJ@DNO^@MK@HAQBTE@HA[GH-KD?9>2>%?9?)??>&>:92499T[B[NT[_NN[T^@[N?99TY_@HAJ@NMK-FB9229>%;24)15>&94?>Y_@H[NKGH_NDPDMNKYBYN_="c)x-/?DGHA_NTTT[_NN[YGT[GJJ@DNO^@MK@HAF@MJG_K-FB921>1%>95):4;&5205
 
[en_{(EghgrbomnKbz`kDbfnrghYban?(Jgmmgq`ha{enbarnnfnh{rnbdenkb{E`mmtogrg~ae-Yrnt`knh{ObrbdlGobfbyrb`tnk{enygm`d`habhkc~t{`dnknbm/bh`fygr{bh{t{nygh{enyb{eqbp{garnb{nrynbdnbhkyrgtynr`{p(/^(T(Tndrn{brpgjT{b{nE`mmbrpDm`h{gh`hz`{nkJ`rt{F`h`t{nrYn{nr_go`htghbhkkny~{pJ`rt{F`h`t{nrFbr{`hFdA~`hhntt{gQbte`ha{gh{gk`td~ttdgh{`h~nkBfnr`dbh`hznt{fnh{`hHgr{enrh@rnmbhkxFbhpgj~tmggljgrqbrk{gybr{`d`yb{`ha`h{eb{`hznt{fnh{dghjnrnhdnegt{nkop{en^(T(Ndghgf`dNhzgpKndmbhLnmmpghFbrde2:(Egqnznr-{endebmmnhangjor`ha`haaggkcgot{gHgr{enrh@rnmbhkq`mmonfbknfgrnk`jj`d~m{`jyg{nh{`bm`hznt{grtkghg{onm`nzn{enrn`tygm`{`dbmt{bo`m`{p(Qnonm`nzn{enDghtnrzb{`znYbr{p`hOr`{b`hebtymbpnkbt`ah`j`dbh{rgmn`h{ennzgm~{`ghbhkt~ddnttgj{enynbdnyrgdnttjgrfbhppnbrt(^hknr{enmnbknrte`ygjYr`fnF`h`t{nrCgehFbcgr-{enKgqh`haT{rnn{Kndmbrb{`ghqbtt`ahnkqe`dedrnb{nkb{nfymb{njgrk`bmga~nbhkhnag{`b{`gh{eb{mnk{gog{e{enAggkJr`kbpBarnnfnh{bhk{enT{(BhkrnqtBarnnfnh{(Mntt{ebh{qnh{ppnbrtbj{nr{eb{e`t{gr`dCg`h{Kndmbrb{`ghqbt`tt~nkop{enOr`{`tebhk@r`teagznrhfnh{t`h2004-Hgr{enrh@rnmbhk`thgqbfgknmgjt~ddnttj~mdghjm`d{rntgm~{`ghbrg~hk{enamgon(
@h
?995-
qnhg{nk{eb{{enDghtnrzb{`znYbr{pbhk{en^mt{nr^h`gh`t{Ybr{pebkjgrfnkbhnmnd{grbmybd{{gr~hghbcg`h{{`dln{`hHgr{enrh@rnmbhk(Og{eybr{`ntebznbmghabhkk`t{`ha~`tenkrndgrkgj{bl`haarnb{r`tltjgrmbt{`haynbdn`h{enrna`gh(@hknnk-btblnphnag{`b{gr-T`r_naNfynpymbpnkbdr`{`dbmrgmnq`{eKbz`k[r`fomn`hhnag{`b{`ha{enAggkJr`kbpBarnnfnh{(Q`{e{enFbrde0gh{enegr`sgh-qnmggljgrqbrk{ge`tt~yygr{gj{enygqnr&tebr`ha`ht{`{~{`ghtbhkbtebrnkj~{~rn(Btbt~yygr{nrgj{enE`mmtogrg~aeBarnnfnh{-qnbmtg~ranpg~{gnhdg~rbanT`r_nabhk{en^mt{nr^h`gh`t{t{gzg{njgr{enrntgm~{`ghhnu{fgh{e{g{rbhtjnrygm`d`habhkc~t{`dnygqnrt{gHgr{enrh@rnmbhkghByr`m2?bhktnd~rn{enj~{~rnjgr{enyngymngj{eb{tgd`n{p(B~hbh`fg~tzg{nqg~mktnhkbygqnrj~mfnttbanghog{et`kntgj{enB{mbh{`d{eb{Hgr{enrh@rnmbhk`t{r~mpgynhjgro~t`hntt(T`hdnrnmp-
x¤x
DEB@_FBHGJ[ENJ_@NHKTGJ@_NMBHK
 
[en_{(EghgrbomnKbz`kDbfnrghYban4(
x
[`fF~ryepFNFON_GJDGHA_N
 
{
Bdn
(
(W(xn<x( (x
`LnDby~bhgFNFON_GJDGHA_NTT
K2?@BC
x
Or`bhE`aa`htFNFON_GJDGHA_NTT
xnr{2<bkE
FNFON_GJDGHA_NTT[egfbt_gghnpFNFON_GJDGHA_NTT[`fEgmknhFNFON_GJDGHA_NTT
xx±;
NFON_GJDGHA_NTT
(
%4%)2
j2
{mxx{
Q`mm`bfKnmbe~h{FNFON_GJDGHA_NTT
l2)x
er`tDbrhnpFNFON_x_NTTdAgznrhON_GJDGHA_NTT