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........................................................................................................................ 4
1.

1.1. .................. 6
1.2.
....................................................... 15
2.

2.1. ()
................................................ 26
2.2. ....... 94
2.3.
.................................................... 115
3.

3.1. ................................................................................ 132


3.2.
2000-2009. ............................................................................. 151
3.3.
2000-2009. ................................................... 168
3.4.
2000-2009. ............................................................................. 176
4.
4.1.
.............. 188
4.2.
........................................ 204
............................................................................. 213
......................................................................................................................... 219



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Robert McNown. On the Use of Econometric Models: A Guide for Policy Makers. // Policy Sciences 19 (1986). p. 360-380,
William Ascher. The Forecasting Potential of Complex Models.// Policy Sciences 13 (1981): An Appraisal for Policy Makers
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16.
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2
2
4
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6
7
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11
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13
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15
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16
18
19
20
21
22

1.202
1.217
1.217
1.225
1.252
1.269
1.272
1.311
1.322
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http://www.visionofhumanity.org/gpi/results/rankings/2009/
:

27

23.
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26.
27.
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29.
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23
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25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
40
42
43
44
45
46
47
48
49
50
51
52
53
54
54
56
57
58
59
59
61
61
63
64
65
66
67
68
69
70
71

1.533
1.539
1.557
1.561
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1.591
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1.661
1.664
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1.667
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1.737
1.741
1.755
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1.761
1.765
1.773
1.773
1.775
1.778
1.779
1.798
1.798
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1.811
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119.
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72
73
74
75
75
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
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100
101
102
103
104
105
106
106
108
109
110
111
112
113
114
114
116
117
118
119
120

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2.073
2.086
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2.103
2.104
2.105
2.110
2.111
2.140
2.167
2.179
2.202
2.202
2.209
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2.212
2.218
2.265
2.266
2.327
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2.330
2.342
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134
134
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137
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140
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2. :
(Curruption Perceptions Index) Transparency International
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2.1.2
() 2008.

4
5
7
9
11
12
14
16
18

21
22
23

20

20

2008.
(CPI)
a

9.3
9.3
9.3
9.2
9.0
9.0
8.9
8.9
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8.7
8.3
8.1
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7.9
7.7
7.7
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7.3
7.3
7.1
7.0
6.9
6.9
6.9

6
6
6
9
6
6
5
6
8
6
6
6
8
6
6
6
6
6
8
8
3
4
7
6
5

9.19.4
9.29.5
9.29.4
9.09.3
8.49.4
8.79.2
8.19.4
8.59.1
8.29.1
8.49.1
7.88.8
7.68.6
7.58.6
7.58.2
7.58.3
7.57.9
7.28.1
7.27.4
7.07.6
6.77.7
6.67.3
6.57.3
6.57.2
6.57.3
6.57.2

Global Corruption Report 2009, Corruption and the Private Sector, Transparency International 2009, Published in the United
States of America by Cambridge University Press, New York, pp. 379-402.
2008 CPI , :
0- 10 . 10- , 0- :
,
:
, :

31

26
27
28

31
32
33
35
36

39
40
41
43
45
47

52
54
55
57
58

61
62

65
67

70
72

2008.
(CPI)
a

6.7
6.6
6.5
6.5
6.5
6.4
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5.8
5.8
5.8
5.7
5.6
5.5
5.5
5.4
5.4
5.2
5.2
5.1
5.1
5.1
5.1
5.1
5.0
5.0
4.9
4.8
4.8
4.7
4.6
4.6
4.6
4.5
4.4
4.4
4.4
4.3
4.3
3.9
3.9
3.9
3.8
3.8
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8
8
4
3
6
3
6
3
6
5
6
4
4
9
9
5
5
5
4
5
8
3
5
8
7
9
6
8
8
6
4
6
8
8
7
6
8
3
6
4
5
5
7
6
7
8
8

6.57.0
6.26.9
5.67.0
4.77.3
5.76.9
5.96.8
5.66.7
4.76.8
5.66.3
4.86.8
5.26.4
5.36.3
5.06.6
5.46.0
5.16.3
4.96.4
4.56.4
4.35.9
3.96.2
4.55.9
4.85.9
3.45.6
4.85.3
4.85.4
4.06.2
4.55.7
4.85.2
4.55.3
4.55.1
4.05.5
3.75.9
4.25.0
4.15.2
4.05.2
4.15.1
3.85.1
4.04.8
3.44.8
3.55.5
3.64.8
3.35.2
3.24.5
3.24.6
3.44.5
3.34.5
3.44.2
3.04.3

32

80

85

92

96

102

109

115

33

2008.
(CPI)
a

3.6
3.6
3.6
3.6
3.6
3.6
3.6
3.5
3.5
3.5
3.5
3.5
3.4
3.4
3.4
3.4
3.4
3.4
3.4
3.2
3.2
3.2
3.2
3.1
3.1
3.1
3.1
3.1
3.1
3.0
3.0
3.0
3.0
3.0
3.0
3.0
2.9
2.9
2.9
2.9
2.9
2.9
2.8
2.8
2.8
2.8
2.8

9
6
7
6
4
4
4
7
7
6
5
9
5
10
7
5
5
7
6
6
7
5
7
6
4
5
5
3
6
6
4
5
4
7
5
7
7
7
3
7
3
3
6
6
4
7
6

3.14.3
2.94.3
3.43.9
3.44.1
3.34.0
2.94.3
3.14.0
3.24.0
2.94.2
3.04.0
3.03.9
3.03.9
3.33.4
3.23.6
2.84.0
2.54.0
2.83.7
2.94.0
3.04.0
2.93.4
2.93.5
2.33.8
2.93.5
2.83.4
2.83.3
2.34.0
2.83.3
2.53.4
2.83.3
2.83.2
2.23.3
2.73.2
2.23.6
2.63.3
2.73.2
2.53.3
2.53.3
2.63.1
1.83.7
2.43.7
2.53.2
2.53.2
2.43.2
2.43.1
1.74.3
2.23.7
2.43.0

121

126

134

138

141

145
147

151

158

34

2008.
(CPI)
a

2.8
2.7
2.7
2.7
2.7
2.7
2.6
2.6
2.6
2.6
2.6
2.6
2.6
2.6
2.5
2.5
2.5
2.5
2.4
2.4
2.4
2.3
2.3
2.3
2.3
2.2
2.2
2.1
2.1
2.1
2.1
2.0

7
6
7
3
6
9
5
7
4
6
10
5
7
7
3
6
7
8
4
5
3
7
4
9
5
6
4
7
7
8
5
5

2.53.0
2.43.0
2.33.0
2.13.1
1.93.7
2.43.1
1.73.6
2.22.9
2.42.7
2.32.9
2.32.9
2.23.0
2.42.9
2.23.0
1.93.0
2.22.7
2.02.8
2.22.8
1.82.8
2.02.7
1.92.6
2.02.7
1.92.5
2.12.5
1.92.8
1.82.7
1.82.5
1.72.4
1.92.4
1.92.5
1.62.4
1.62.5

2.0

1.92.2

2.0
2.0
2.0
2.0
2.0
1.9
1.9
1.9
1.9
1.9
1.9
1.9
1.9

6
5
6
6
8
6
8
6
6
5
3
5
7

1.72.5
1.82.2
1.62.3
1.62.3
1.72.3
1.52.2
1.72.1
1.52.3
1.82.0
1.52.4
1.82.0
1.82.0
1.82.0

166

171
173

176
177
178
180

2008.
(CPI)
a

1.8
1.8
1.8
1.8
1.8
1.7
1.7
1.6
1.6
1.6
1.5
1.4
1.3
1.3
1.0

7
7
5
8
7
6
4
6
6
6
4
4
4
4
4

1.71.9
1.71.9
1.52.2
1.52.2
1.52.1
1.61.9
1.51.8
1.51.7
1.31.9
1.51.7
1.11.6
1.11.7
1.11.6
1.01.5
0.51.4

2.1.3
() 2008.

1
1
3
3
5
5
5
8
9
9
9
12
13
14
14
14
17
17
19
20
21
22

21

(BPI)
2008.

21

95%

8.8
8.8
8.7
8.7
8.6
8.6
8.6
8.5
8.1
8.1
8.1
7.9
7.6

2.00
1.80
1.98
1.98
2.14
2.11
2.10
2.23
2.48
2.60
2.43
2.49
2.67

8.5
8.5
8.4
8.4
8.4
8.3
8.4
8.2
7.9
7.8
7.9
7.6
7.3

9.0
9.0
8.9
8.9
8.8
8.8
8.7
8.7
8.3
8.4
8.3
8.1
7.9

7.5

2.78

7.1

8.0

7.5
7.5
7.4
7.4
6.8
6.6
6.5
5.9

2.79
2.76
2.78
2.89
3.31
2.97
3.35
3.66

7.1
7.1
7.0
7.1
6.4
6.1
6.2
5.2

7.8
7.8
7.7
7.7
7.3
7.2
6.8
6.6

TI Bribe Payers Survey 2008, Transparency International's Bribe Payers Index 2008.
http://transparency.org/policy_research/surveys_indices/bpi.

35

3. ():
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:

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2009.
2008.
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2
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3
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4
4

4
5

6
6

7
7

8
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9
9

10
10

11
11

12
12

13
13

14
14

15
15

16
19

16
16

18
17

19
17

20
20

21
21

22
22

23
23

24
24

25
25

26
32

26
25

28
27

29
28

30
29

30
29

30
29

33
32

22

www.mercer.com

37


2009.
2008.
108.6
107.9
108
108
107.9
107.9
107.4
107.6
107.4
107.3
107.2
107.2
107
107
106.8
107
106.5
106.5
106.3
106.3
106.2
106.2
105.9
105.8
105.7
105.7
105.4
105.4
105.3
105.3
105
104.7
105
105
104.8
104.8
104.6
104.8
104.5
104.5
104.3
104.3
104.2
104.2
104.1
104.1
103.7
103.7
103.6
103.5
103.5
102.9
103.5
103.5
103.4
103.4
103.1
103.1
103
103
103
103
103
103
102.9
102.9

2009.
2008.
34
34

35
35

35
37

37
36

38
38

38
38

40
40

41
41

42
48

42
42

44
44

44
44

44
44

44
44

48
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49
49

50
50


2009.
2008.
102.4
102.4
102.2
102.2
102.2
101.8
101.9
101.9
101.6
101.6
101.6
101.6
100.9
100.9
100.8
100.8
100.6
100.2
100.6
100.6
100.3
100.3
100.3
100.3
100.3
100.3
100.3
100.3
100.2
100.5
100
100
99.8
99.8

2.1.5

50 23

2009.
1
2
3
4
5
6
6
8
8
8
11
12
13
14
15
15
15
18
18
20

23
24

24
2009.
109.1
106.5
106.2
105.5
105.1
105
105
104.8
104.8
104.8
104
103.4
103.1
102.6
102.3
102.3
102.3
101.9
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www.mercer.com
2009. ` ,
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38


2009.
20
20
20
24
24
26
27
28
29
29
29
32
33
34
35
35
35
38
38
38
41
42
43
43
45
45
47
47
49
49
49

24
2009.
101.5
101.5
101.5
101.2
101.2
101
100.5
100.3
100.1
100.1
100.1
100
99.9
99.4
99.2
99.2
99.2
98.9
98.9
98.9
98.6
98.5
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40

72
77
67
73
58
65
70
75
71
76
76
70
68
74
69
72
78
61
60
72
67
65
67
63
69
74
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59
69
65
77
65
68
68
46
39
44
66
69
65
70

100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
83
100
92
100
100
100
100
100
100
100
92
92
100
100
92
92
100
92
100
100
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62
69
57
68
56
53
49
49
48
48
36
47
33
35
37
63
46
47
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50
35
47
57
54
35
37
43
50
39
31
20
40
29
35
60
43
41
39
30
35
40

85
77
78
70
70
75
86
70
74
75
67
72
67
64
67
65
65
66
66
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63
62
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67
58
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65
63
69
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47
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61
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57
50
63
55
57
51
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1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
14.
15.
16.
17.
18.
19.
20.
21.
22.
23.
24.
25.
26.
27.
28.
29.
30.
31.
32.
33.
34.
35.
36.
37.
38.
39.
40.
41.

2009.

25

84
88
65
82
75
77
77
77
76
74
77
72
67
70
72
78
74
75
72
73
71
71
77
71
75
69
77
78
65
70
66
70
63
70
64
71
74
74
75
61
69

90
86
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74
91
88
53
75
59
72
34
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63
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56
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38
31
66
41
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56
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100
100
100
100
100
100
100
100
100
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93
100
100
100
100
100
100
100
100
100
100
100
100
100
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86
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93
86
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86
79
85
82
92
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76
83
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64
73
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58
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79
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61
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80
79
78
77
76
75
74
73
72
71
70
70
70
70
70
70
70
70
70
69
69
69
69
69
68
68
68
68
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67
67
67
67
67
67
67
66
66
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65
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69
67
66
72
75
61
68
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57
33
48
67
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50
73
62
60

65
57
60
43
58
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63
43
62
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71
59
53
60
75
69
55
49

31
45
45
27
27
31
32
43
39
33
34
34
30
26
41
28
36
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72
67
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80
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36
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92
83
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68
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63
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53
47
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71
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79
79
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93
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57
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100
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80
79
60
58
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50
58
62
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58
96
58
90
76
74
58
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65
65
65
65
64
64
64
64
63
63
63
62
62
62
62
62
62
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48

58

31

70

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47

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61

72
59
42
76
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55
81
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59
59
63
60
58
59
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55
58
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49
46
38
58
57
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62
49
66
63
39
56
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31
31
39
31
32
29
28
31
29
30
28
31
29
32
34
27
29
29
34
50
35
30
30
37
35
40

69 92
69 75
69 100
72 83
65 67
69 67
70 67
41 92
62 67
68 67
82 92
47 100
66 67
68 67
72 67
71 75
69 58
66 58
74 83
45 42
76 50
38 92
66 67
72 83
74 42
75 25

64
62
48
31
67
66
54
56
63
57
59
65
60
64
49
63
59
60
62
66
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51
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34
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93
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45
78
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51
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57
58
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81
58
42
54
32
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72
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61
61
61
61
60
60
60
60
60
60
60
59
59
59
59
58
58
58
58
58
57
57
57
57
56
56

61.
62.
63.
64.
65.
66.
67.
68.
69.
70.
71.
72.
73.
74.
75.
76.
77.
78.
79.
80.
81.
82.
83.
84.
85.
86.

60.

42.
43.
44.
45.
46.
47.
48.
49.
50.
51.
52.
53.
54.
55.
56.
57.
58.
59.

41

42

44
63
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70
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92
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100
25

30
29
30
33
30
26
29
29
26
32
31
28
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33
49
33
32
31
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26
28
27
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45
26
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29
30
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27
38
29
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24
41
26
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41
46
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66
59
33
21
30
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68
58
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42
55
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69
55
24
35
42
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35
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46
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56
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44
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40
28
63
48
43
36
32
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41
63
29
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70
70
72
76
70
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64
54
72
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62
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51
68
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70
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80
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65
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78
63
78
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( )

87.
88.
89.
90.
91.
92.
93.
94.
95.
96.
97.
98.
99.
100.
101.
102.
103.
104.
105.
106.
107.
108.
109.
110.
111.
112.
113.
114.
115.
116.
117.
118.
119.
120.
121.
122.
123.
124.
125.
126.
127.
128.
129.
130.
131.
132.

58
62
55
62
65
59
51
61
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49
52
52
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33
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36
40
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16
41
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50
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19
53
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100
79
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100
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58
45
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56
56
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52
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67
62
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45
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24
26
52
54
22
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30
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33
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23
40
54
24
25
33
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30
30
28
30
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57
28
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48
25
28
29
25
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25
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31
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32
26
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66 42
60 33
60 8
65 58
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55 25
62 67
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67 17
63 25
69 75
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61 75
61 42
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53 0
60 42
62 33
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71 25
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64 25
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54
57
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34
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64
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49
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50
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59

53

50

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25

67

19

79

15

45

62
69
68
53
60
69
46
60
87

43
19
64
48
47
17
57
36
31

25
27
35
39
35
26
0
26
31

60
63
53
70
61
62
71
63
60

25
50
8
8
25
58
8
17
0

31
30
63
28
53
24
35
33
41

41
31
31
38
38
28
41
34
16

57
64
36
50
64
64
64
64
57

63
50
26
57
8
45
98
67
62

45
45
44
44
44
44
44
44
44

169.
170.
171.
172.
173.
174.
175.
176.
177.

168.

()

133.
134.
135.
136.
137.
138.
139.
140.
141.
142.
143.
144.
145.
146.
147.
148.
149.
150.
151.
152.
153.
154.
155.
156.
157.
158.
159.
160.
161.
162.
163.
164.
165.
166.
167.

43

178.
179.

180.

181.
182.
183.
184.
185.
186.
187.
188.
189.
190.
191.
192.
193.
194.
195.

74
68

29
29

29
26

69
60

8
42

33
38

41
28

57
36

53
55

44
43

68

33

26

68

33

28

34

36

56

43

48
54
64
69
73
65
66
62
70
56
75
90
66
62
69

36
41
34
32
25
17
43
24
20
27
40
20
30
29
15

28
37
25
24
25
28
30
28
28
24
25
32
26
31
25

58
64
64
38
60
64
57
63
61
65
46
50
31
63
56

25
25
17
8
25
25
58
33
67
8
17
17
33
0
0

32
12
35
31
33
49
20
36
17
21
43
10
39
31
16

38
34
34
38
34
34
38
38
34
34
25
24
31
38
31

64
57
43
57
57
7
21
57
21
57
0
0
36
29
36

63
54
57
73
26
77
32
13
28
52
41
41
6
12
21

43
42
42
42
41
41
41
40
40
38
36
35
34
34
32

5. :
(Index of Economic Freedom)
Wall Street Journal- Heritage Foundation- : 10 .
,
,
,
,
,
,
,
,
,
:
0-100 : 100-80- , 79.9-70-`
, 69.9-60- ,
59.9-50-` , 49.9-0` , /` :
, ` 69.9
, ` , :
44

2.1.7

100-80

79.9-70

69.9-60

59.9-50

49.9-0

26

http://www.heritage.org/index/Explore.aspx

45

95.0
90.0
84.8
85.8
84.6
86.8
88.2
85.8
85.4
85.8
85.8
85.8
85.8
88.0
85.8
80.0
85.8
86.8

92.7
98.3
90.5
93.0
99.9
91.9
96.5
99.9
82.9
89.8
66.3
86.5
75.9
93.6
76.2
79.6
95.1
83.3

90.0
87.1
82.6
82.2
82.0
80.7
80.5
79.6
79.4
79.0
78.3
77.0
76.4
75.9
75.2
74.8
74.5
74.3


` 90.0 , ` 30.0 : `
, : `
, :
,
` , ` :

` 90 , ` 87.1 , ` 82.6:
2.1.8
26
2009.

93.4
91.1
61.4
69.2
62.5
67.6
76.6
35.4
67.5
61.0
78.2
50.9
81.5
76.2
66.3
99.9
64.3
92.2

93.1
93.8
64.3
64.9
49.6
59.6
53.7
20.4
65.3
40.3
90.1
36.2
67.3
44.0
54.4
79.4
28.6
80.8

86.2
86.8
84.7
84.3
84.6
84.0
80.8
86.6
83.9
80.4
77.3
87.0
79.7
75.3
80.2
74.0
87.4
71.1

90.0
80.0
80.0
90.0
80.0
80.0
70.0
90.0
70.0
90.0
80.0
90.0
90.0
70.0
90.0
60.0
70.0
80.0

90.0
50.0
90.0
90.0
80.0
80.0
80.0
90.0
80.0
90.0
70.0
90.0
80.0
70.0
80.0
80.0
80.0
70.0

90.0
90.0
90.0
90.0
95.0
90.0
90.0
95.0
90.0
90.0
90.0
90.0
90.0
90.0
90.0
60.0
95.0
60.0

83.0
93.0
86.0
75.0
94.0
72.0
87.0
94.0
90.0
84.0
70.0
90.0
65.0
92.0
84.0
50.0
94.0
47.0

86.3
98.1
94.7
79.7
89.6
95.1
81.9
99.4
79.2
78.5
75.0
63.3
48.5
59.9
45.1
85.1
44.8
71.6

67.5
41.5
79.3
70.9
49.9
76.6
58.5
35.0
96.5
50.3
58.6
87.6
90.0
85.7
86.8
75.1
76.2
80.2
84.1
82.2
74.0
70.4
79.7
57.1
98.5
70.6
82.3
82.8
63.1
83.4
99.9
99.9
83.0
75.3
61.6
82.6

61.1
28.3
93.2
66.3
27.1
42.2
38.2
7.3
84.4
50.6
55.3
65.3
89.7
87.9
74.6
70.6
89.4
43.0
57.4
76.5
68.5
72.5
75.6
35.1
61.1
19.2
58.5
88.4
41.7
81.8
69.1
63.7
56.9
62.2
35.4
89.8

93.6
81.0
80.3
74.5
80.9
85.7
80.8
82.1
75.5
78.0
78.9
75.8
77.8
77.4
70.9
71.8
82.1
79.7
78.7
72.8
85.1
80.0
72.2
83.7
71.4
73.8
71.1
69.7
82.7
77.5
67.3
71.7
80.2
75.4
79.9
77.9

60.0
90.0
70.0
50.0
70.0
70.0
80.0
80.0
40.0
60.0
80.0
70.0
70.0
70.0
70.0
70.0
70.0
70.0
70.0
70.0
40.0
70.0
70.0
80.0
60.0
80.0
70.0
70.0
50.0
50.0
40.0
50.0
50.0
80.0
70.0
70.0

50.0
80.0
70.0
60.0
70.0
70.0
60.0
80.0
70.0
60.0
80.0
80.0
70.0
70.0
60.0
70.0
50.0
80.0
70.0
30.0
40.0
60.0
70.0
70.0
60.0
70.0
60.0
50.0
60.0
60.0
50.0
50.0
60.0
50.0
60.0
70.0

70.0
80.0
60.0
90.0
90.0
90.0
90.0
90.0
75.0
90.0
70.0
50.0
35.0
50.0
35.0
75.0
70.0
70.0
50.0
70.0
70.0
70.0
60.0
70.0
50.0
70.0
55.0
50.0
90.0
50.0
50.0
50.0
55.0
50.0
70.0
30.0

75.0
71.0
57.0
69.0
81.0
53.0
78.0
93.0
50.0
87.0
67.0
48.0
30.0
40.0
34.0
54.0
57.0
52.0
49.0
67.0
68.0
51.0
34.0
61.0
47.0
53.0
48.0
50.0
58.0
35.0
60.0
43.0
47.0
33.0
65.0
32.0

82.5
70.4
60.0
80.0
78.7
70.0
43.4
55.5
80.4
48.6
48.3
54.6
66.3
67.5
99.4
70.0
45.7
67.8
75.4
73.6
82.8
46.4
78.3
64.9
75.0
68.4
61.6
61.2
60.0
59.8
64.7
79.3
74.1
67.4
40.3
44.1

72.8
72.1
72.0
71.5
71.2
70.8
70.5
70.4
70.3
70.2
70.1
70.0
69.9
69.8
69.8
69.7
69.5
69.4
69.4
69.1
68.8
68.1
68.0
67.6
67.0
66.8
66.6
66.4
66.1
65.8
65.8
65.6
65.4
65.2
64.9
64.7

85.8
93.2
60.0
90.0
78.6
70.0
90.3
95.9
74.7
88.1
76.8
82.4
83.7
67.4
86.6
71.2
69.5
65.1
73.4
65.6
87.7
90.4
60.1
67.8
63.3
77.4
73.8
60.3
70.0
80.3
75.7
67.4
68.9
87.8
81.1
74.5

82.0
85.8
90.0
64.6
85.8
80.8
85.8
85.8
56.0
89.2
85.8
85.8
86.4
81.8
80.6
69.0
85.2
85.8
85.8
83.4
72.0
70.2
79.8
86.0
83.6
85.8
85.8
81.8
85.8
80.2
81.6
81.0
78.8
70.6
85.8
76.2

64.7

57.4

80.8 99.9 86.3 69.8 30.0 50.0 40.0 57.0 76.2

64.6
64.6
64.6
64.3
64.2

73.5
70.8
65.1
79.6
78.2

85.8
78.2
79.4
81.8
73.6

63.8

74.6

74.8 68.9 77.6 74.3 50.0 60.0 50.0 51.0 56.8

46

86.2
83.0
79.7
99.6
64.7

58.7
81.4
91.8
73.4
60.9

72.8
79.9
86.5
68.4
75.6

60.0
40.0
60.0
40.0
40.0

60.0
40.0
60.0
50.0
40.0

30.0
50.0
40.0
40.0
70.0

41.0
51.0
35.0
34.0
61.0

78.4
71.5
48.7
76.4
78.5

47

75.8
75.2
80.8
85.8
69.6
75.6
85.8
81.2
74.2
88.4
72.4
72.6
87.6
86.6
80.8
65.4
81.6
69.6
83.6
80.8
85.8
86.2
79.2
70.4
70.0
78.4
73.0
71.6
78.0
71.8
63.0
75.6
80.2
80.8
78.4
63.4
63.0
53.0
42.0
68.0
65.6
76.2
78.6
71.6

67.0
58.7
87.4
74.9
75.5
71.2
84.4
71.0
76.4
74.4
77.4
60.5
75.3
69.9
78.7
57.1
58.2
66.0
61.7
78.7
53.7
57.9
57.6
58.7
61.5
54.1
63.7
68.6
64.4
66.9
69.0
48.1
68.7
60.0
74.6
64.7
56.7
81.6
61.7
76.2
72.5
74.9
49.3
54.4

63.7
63.6
63.3
63.2
63.0
63.0
62.9
62.8
62.6
62.4
62.3
62.2
61.8
61.6
61.4
61.3
61.2
61.0
61.0
60.8
60.3
60.1
59.8
59.5
59.5
59.4
59.2
59.1
58.7
58.7
58.4
58.3
58.2
58.1
58.0
58.0
58.0
58.0
57.7
57.7
57.0
56.9
56.8
56.7

92.8
80.4
50.9
87.0
68.8
74.4
62.9
81.3
67.4
67.2
72.9
80.9
93.4
73.2
55.8
65.5
89.4
76.0
96.6
66.5
69.0
82.8
78.8
80.7
86.2
79.4
85.2
64.3
85.1
78.6
95.3
80.6
89.1
91.7
79.7
89.5
83.2
76.5
83.6
65.1
80.4
83.2
75.4
65.8

75.6
86.9
14.4
70.0
77.6
90.6
38.4
69.8
52.2
69.7
65.9
86.3
74.9
83.4
24.7
62.2
65.1
76.0
90.4
46.3
42.2
87.5
71.0
83.7
56.2
93.5
91.1
70.6
79.7
81.6
84.0
83.4
45.3
64.1
77.5
66.1
65.7
78.3
58.3
76.5
90.7
57.1
90.8
50.3

79.6
78.4
71.7
75.0
78.4
69.0
78.6
76.7
79.8
74.6
70.6
73.9
71.5
71.1
80.8
76.8
85.4
77.3
76.7
78.8
80.8
70.0
69.5
83.7
75.7
73.3
74.1
73.1
73.5
74.0
78.7
73.4
78.9
77.3
66.4
65.9
69.6
78.4
75.9
80.5
72.2
66.5
77.2
77.2

70.0
50.0
60.0
60.0
50.0
30.0
60.0
60.0
60.0
40.0
60.0
70.0
50.0
50.0
70.0
60.0
50.0
30.0
60.0
50.0
60.0
30.0
70.0
40.0
30.0
50.0
50.0
50.0
50.0
50.0
30.0
60.0
40.0
30.0
30.0
50.0
50.0
30.0
30.0
60.0
40.0
50.0
40.0
50.0

70.0
60.0
70.0
50.0
50.0
60.0
50.0
60.0
30.0
50.0
60.0
50.0
50.0
50.0
60.0
60.0
60.0
60.0
60.0
50.0
60.0
60.0
50.0
50.0
30.0
50.0
40.0
40.0
60.0
50.0
40.0
50.0
50.0
60.0
40.0
50.0
60.0
30.0
30.0
50.0
40.0
30.0
50.0
50.0

30.0
30.0
70.0
35.0
50.0
50.0
60.0
30.0
60.0
30.0
40.0
50.0
25.0
50.0
50.0
70.0
30.0
30.0
30.0
50.0
50.0
25.0
25.0
30.0
60.0
30.0
30.0
50.0
30.0
30.0
40.0
30.0
40.0
30.0
25.0
40.0
50.0
50.0
60.0
35.0
30.0
30.0
30.0
50.0

29.0
28.0
73.0
37.0
30.0
33.0
66.0
30.0
56.0
45.0
38.0
32.0
21.0
41.0
52.0
49.0
33.0
40.0
24.0
46.0
42.0
21.0
26.0
29.0
45.0
28.0
30.0
33.0
25.0
21.0
31.0
32.0
33.0
30.0
21.0
29.0
37.0
42.0
50.0
35.0
24.0
25.0
25.0
35.0

47.2
87.9
54.6
57.1
80.6
76.5
42.8
67.7
70.0
85.0
66.0
46.0
69.5
40.3
61.3
46.9
59.8
84.8
27.0
61.2
59.8
80.5
70.6
69.0
80.2
57.3
55.1
69.6
40.9
63.1
52.6
49.9
57.2
57.4
87.0
61.3
45.3
60.0
85.8
30.8
54.5
75.8
51.4
62.7

48

68.6
63.4
78.0
71.2
71.2
71.0
59.6
73.4
73.0
67.4
87.6
61.8
70.4
57.0
81.6
87.2
82.6
51.0
61.2
64.2
56.0
75.6
70.4
68.8
81.8
76.4
71.4
63.2
77.2
56.0
68.6
72.6
70.0
81.0
31.8
59.4
44.0
54.0
59.6
63.4
60.8
79.4
73.0
65.4

72.5
42.7
56.0
68.8
65.0
73.7
59.9
54.2
42.2
43.8
59.9
55.1
45.8
59.9
70.1
60.1
45.1
54.4
58.9
41.5
79.0
53.6
36.9
45.2
58.5
46.7
51.6
60.5
59.9
39.3
62.6
54.0
62.1
59.8
38.1
45.7
83.2
61.4
45.2
61.7
54.0
37.7
47.0
68.4

56.6
56.6
56.6
56.6
56.3
56.0
55.8
55.7
55.6
55.4
55.1
55.1
55.0
55.0
54.9
54.8
54.6
54.4
54.2
54.1
54.1
53.9
53.8
53.7
53.6
53.4
53.2
53.2
53.1
53.0
53.0
52.5
52.3
51.7
51.4
51.3
51.3
51.3
51.0
51.0
50.8
50.5
50.5
50.5

77.2
91.4
85.9
72.9
65.1
73.2
71.9
77.7
69.4
67.2
68.7
84.4
58.1
61.7
85.3
67.4
89.3
73.8
76.8
67.7
82.5
75.4
66.3
70.7
84.8
77.5
70.6
86.3
71.8
69.6
77.4
85.8
70.3
97.4
80.8
75.5
95.8
87.0
71.1
74.3
78.9
77.9
64.7
88.3

74.1
94.5
46.3
82.1
77.0
80.5
74.4
76.5
81.4
88.5
31.7
64.3
87.6
84.8
51.3
71.0
85.9
77.8
76.8
75.5
58.0
65.9
88.8
48.6
71.9
88.0
88.9
91.0
37.6
93.6
82.7
83.2
75.6
59.4
86.3
74.9
91.9
77.3
70.6
93.8
84.0
68.1

78.6
80.0
65.8
64.1
76.5
59.4
71.9
75.9
79.6
79.6
79.0
77.9
79.1
73.8
67.6
81.4
63.2
69.3
70.8
72.2
68.9
77.7
89.5
69.8
67.9
71.6
72.8
78.7
79.0
76.0
65.5
75.0
60.6
76.7
76.6
81.4
76.5
67.2
57.4
67.0
65.5
69.0
74.0
62.6

50.0
50.0
40.0
50.0
40.0
20.0
50.0
50.0
50.0
40.0
50.0
30.0
40.0
40.0
30.0
30.0
30.0
30.0
40.0
30.0
40.0
50.0
50.0
50.0
20.0
30.0
30.0
20.0
50.0
40.0
40.0
30.0
50.0
30.0
50.0
30.0
30.0
40.0
40.0
30.0
30.0
30.0
30.0
30.0

30.0
50.0
50.0
50.0
40.0
40.0
50.0
50.0
40.0
60.0
60.0
40.0
60.0
40.0
50.0
30.0
40.0
40.0
40.0
30.0
20.0
40.0
40.0
50.0
60.0
40.0
30.0
30.0
60.0
50.0
20.0
40.0
40.0
30.0
60.0
40.0
30.0
20.0
40.0
30.0
40.0
30.0
20.0
20.0

30.0
30.0
40.0
30.0
50.0
40.0
30.0
30.0
30.0
30.0
30.0
30.0
30.0
40.0
40.0
20.0
30.0
50.0
30.0
40.0
20.0
25.0
30.0
50.0
20.0
30.0
20.0
30.0
10.0
30.0
30.0
25.0
20.0
30.0
30.0
30.0
30.0
30.0
20.0
10.0
25.0
10.0
20.0
20.0

30.0
20.0
34.0
26.0
36.0
32.0
23.0
28.0
27.0
27.0
41.0
22.0
21.0
33.0
28.0
20.0
21.0
35.0
28.0
35.0
17.0
26.0
26.0
27.0
29.0
23.0
35.0
25.0
33.0
24.0
24.0
21.0
29.0
30.0
29.0
19.0
33.0
24.0
19.0
26.0
23.0
16.0
26.0
17.0

55.5
44.5
70.0
51.0
42.5
70.8
67.0
41.1
63.8
50.3
43.4
85.8
57.8
60.0
45.1
81.1
58.7
62.3
59.4
84.8
99.4
50.2
40.6
57.2
41.9
50.9
61.8
46.9
52.2
51.5
59.4
38.3
45.6
82.3
57.8
46.1
90.1
54.8
66.3
70.0
60.0
61.2
66.0
64.9

70.6
63.1
72.5
77.0
53.7
66.5

89.7
36.2
55.8
39.0
86.6
3.2

75.4
73.1
72.7
68.1
81.5
69.6

30.0
30.0
40.0
30.0
30.0
40.0

20.0
40.0
30.0
40.0
30.0
40.0

10.0
40.0
30.0
30.0
30.0
40.0

19.0
33.0
25.0
27.0
23.0
26.0

63.5
62.6
64.3
52.4
44.7
65.2

50.4
49.7
48.8
48.8
48.7
48.4

59.5
61.7
34.4
40.5
36.6
60.9

66.4
57.0
63.0
84.0
70.6
72.6

48.3

39.5

50.4 65.4 94.0 75.0 40.0 30.0 20.0 20.0 48.7

48.1
47.8
47.8
47.5
47.5
47.0
46.0
45.7
45.4
45.4
45.0
44.6
44.2
43.8
43.5
43.3
42.8
39.9
38.5
37.7
27.9
22.7
2.0
-

40.2
65.5
57.0
62.9
35.7
43.6
67.2
62.6
24.2
50.1
63.7
60.6
30.0
45.0
20.0
46.5
34.3
50.8
18.3
20.0
10.0
30.8
-

53.8
28.4
66.0
40.2
58.4
72.0
66.4
55.0
66.8
55.4
67.2
57.4
79.2
60.0
90.0
27.2
62.2
59.6
69.2
72.2
64.4
50.4
-

73.8
73.8
80.9
72.8
50.5
85.2
68.9
42.2
88.4
60.2
79.4
81.0
90.9
75.0
81.7
64.6
73.3
70.6
86.4
81.8
45.9
44.1
-

97.2
86.3
94.2
90.8
62.2
49.1
77.6
30.9
79.7
93.6
22.0
68.1
88.1
85.4
69.3
9.9
98.5
4.6
-

70.1
78.1
73.8
67.3
78.6
61.8
73.5
88.8
73.5
73.9
66.8
60.1
68.0
61.4
70.2
78.9
59.5
53.7
59.0
45.2
67.0
-

30.0
50.0
30.0
20.0
40.0
20.0
20.0
30.0
30.0
30.0
20.0
10.0
10.0
40.0
30.0
20.0
30.0
10.0
10.0
10.0
10.0
10.0
10.0
-

20.0
30.0
20.0
20.0
40.0
40.0
30.0
30.0
30.0
30.0
10.0
10.0
10.0
30.0
20.0
20.0
20.0
30.0
20.0
10.0
10.0
10.0
-

25.0
50.0
10.0
25.0
20.0
20.0
30.0
30.0
20.0
10.0
20.0
10.0
10.0
30.0
10.0
30.0
10.0
5.0
10.0
5.0
10.0
5.0
5.0
-

21.0
45.0
21.0
20.0
18.0
22.0
28.0
33.0
22.0
21.0
21.0
25.0
20.0
27.0
25.0
26.0
19.0
20.0
28.0
14.0
42.0
21.0
5.0
-

49.8
57.1
33.4
52.3
42.6
43.5
76.4
85.6
50.5
45.6
70.8
52.4
30.0
48.0
20.0
31.8
34.5
30.1
73.9
20.0
20.0
51.2
-

6. :
1990 - (The Human Development Index),
` ,
(- ):
, ,
49

-
(PPP )



(% - 15-
) 19992007.



()


()

: 2007.
:
84- : ,
,
, , : , `
0.971 , :
- , , 2007 ` 85
, 5.6
:
2.1.9
() (2007.)

0.925
0.940
0.946
0.927
0.911
0.914
0.930
0.933
0.945
0.961
0.906
0.908
0.902
0.915
0.929
0.887
0.908
0.935
0.903
0.919
0.906
0.913
0.920
0.953
0.902
0.904
0.928
0.925
0.886
0.867
0.875
0.910
0.841

0.989
0.993
0.980
0.991
0.985
0.985
0.974
0.978
0.936
0.949
0.975
0.993
0.968
0.962
0.975
0.993
0.974
0.965
0.949
0.993
0.957
0.954
0.913
0.879
0.981
0.988
0.947
0.877
0.969
0.891
0.872
0.910
0.888

1.000
0.977
0.981
0.982
1.000
0.994
0.986
0.971
1.000
0.971
1.000
0.975
1.000
0.989
0.960
0.983
0.977
0.954
1.000
0.936
0.978
0.975
1.000
1.000
0.944
0.920
0.930
1.000
0.933
1.000
1.000
0.920
1.000

4
20
16
14
5
8
9
17
4
16
-9
11
-4
1
12
1
4
11
-18
12
-1
2
-16
-13
6
9
7
-16
4
-24
-23
4
-30


1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33

()

0.971
0.970
0.969
0.966
0.965
0.964
0.963
0.961
0.960
0.960
0.960
0.959
0.956
0.955
0.955
0.955
0.953
0.951
0.951
0.950
0.947
0.947
0.944
0.944
0.942
0.937
0.935
0.934
0.929
0.920
0.916
0.914
0.910

80.5
81.4
81.7
80.6
79.7
79.8
80.8
81.0
81.7
82.7
79.4
79.5
79.1
79.9
80.7
78.2
79.5
81.1
..
80.1
79.3
79.8
80.2
82.2
79.1
79.2
80.7
..
78.2
77.0
77.5
79.6
75.5

50

..
..
..
..
..
..
..
..
..
..
..
..
..
..
97.9
..
..
98.9
..
..
..
..
94.4
..
97.1
..
97.1
..
99.7
94.9
94.5
97.7
93.1

98.6
114.2
96.0
99.3
97.6
97.5
94.3
95.4
82.7
86.6
94.4
101.4
92.4
90.5
96.5
101.3
94.3
91.8
86.8
107.5
89.2
88.1
..
74.4
101.6
98.5
89.9
65.1
92.8
77.7
72.6
77.6
80.4

53,433
34,923
35,742
35,812
44,613
38,694
36,712
33,674
40,658
33,632
79,485
34,526
45,592
37,370
31,560
36,130
34,935
30,353
85,382
27,336
35,130
34,401
49,704
42,306
28,517
24,801
26,315
41,235
26,753
50,200
47,812
24,789
74,882



(% - 15-
) 19992007.

-
(PPP )



()

34
35
36
37
38


()

0.909
0.903
0.903
0.903
0.902

78.6
77.3
76.4
77.0
79.6

94.9
90.0
..
..
92.4

88.8
71.4
83.4
92.9
81.3

22,765
54,626
24,144
17,956
23,080

0.893
0.872
0.856
0.867
0.910

0.929
0.838
0.938
0.975
0.887

0.906
1.000
0.916
0.866
0.908

8
-31
1
11
1


39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83

0.895
0.883
0.880
0.880
0.879
0.878
0.871
0.870
0.868
0.866
0.866
0.865
0.863
0.856
0.854
0.854
0.847
0.846
0.845
0.844
0.843
0.840
0.840
0.838
0.837
0.837
0.834
0.829
0.826
0.826
0.821
0.818
0.817
0.817
0.814
0.813
0.813
0.812
0.807
0.806
0.806
0.806
0.804
0.804
0.803

75.6
72.9
75.5
74.6
73.3
78.5
76.0
71.8
..
72.3
75.2
76.1
78.5
73.2
76.0
78.7
73.8
75.5
..
73.6
72.7
75.5
73.1
..
72.5
69.2
74.0
74.1
73.9
69.0
73.6
76.5
66.2
74.1
..
75.3
72.2
75.1
72.7
73.0
71.7
75.0
72.1
64.9
71.9

88.8
99.8
99.3
..
98.9
96.5
98.7
99.7
99.0
99.8
97.6
97.9
99.8
..
92.8
95.9
86.8
84.4
91.8
95.2
85.0
93.4
98.3
97.8
97.6
98.7
96.4
91.9
96.4
99.7
94.8
99.0
99.5
97.0
88.0
96.0
90.0
96.7
92.7
89.6
88.7
91.0
87.4
99.6
89.6

90.4
91.2
87.7
80.5
90.2
82.5
77.2
92.3
..
90.2
88.6
90.9
100.8
71.8
80.2
73.0
95.8
68.2
82.2
85.9
78.5
79.7
82.4
73.1
79.2
61.1
74.5
71.5
74.5
90.4
77.2
67.8
81.9
70.1
78.5
73.1
87.2
69.0
79.0
88.1
71.1
..
76.9
91.4
78.0

29,723
20,361
15,987
20,076
18,755
13,880
16,027
17,575
18,691
16,377
13,238
11,216
6,876
20,253
14,104
10,842
14,364
22,816
16,394
12,156
22,935
11,391
11,222
14,481
12,369
23,507
11,699
13,518
10,248
10,841
9,786
7,041
14,690
9,096
7,893
7,344
9,567
7,764
8,587
7,836
12,955
7,449
11,296
10,863
10,109

0.843
0.799
0.842
0.827
0.805
0.891
0.850
0.780
0.786
0.788
0.836
0.852
0.891
0.804
0.850
0.896
0.814
0.841
0.797
0.811
0.794
0.842
0.802
0.787
0.792
0.737
0.817
0.819
0.816
0.733
0.810
0.858
0.686
0.819
0.865
0.838
0.787
0.834
0.795
0.800
0.779
0.833
0.785
0.666
0.781

0.893
0.964
0.952
0.928
0.960
0.919
0.916
0.968
0.945
0.961
0.946
0.955
0.993
0.878
0.886
0.883
0.898
0.790
0.886
0.921
0.828
0.888
0.930
0.896
0.915
0.861
0.891
0.851
0.891
0.961
0.889
0.886
0.933
0.880
0.848
0.884
0.891
0.874
0.881
0.891
0.828
0.866
0.839
0.965
0.857

0.950
0.887
0.847
0.885
0.874
0.823
0.847
0.863
0.873
0.851
0.815
0.788
0.706
0.886
0.826
0.782
0.829
0.906
0.851
0.801
0.907
0.790
0.788
0.830
0.804
0.911
0.795
0.819
0.773
0.782
0.765
0.710
0.833
0.753
0.729
0.717
0.761
0.726
0.743
0.728
0.812
0.719
0.789
0.782
0.770

-9
3
12
3
3
15
7
3
0
3
13
20
44
-8
5
19
2
-15
-7
7
-19
7
8
-6
1
-26
1
-5
8
6
8
23
-16
8
10
18
4
11
4
7
-16
11
-13
-10
-7

5,693
6,914

0.810
0.720

0.909
0.960

0.675
0.707

16
9


84
85

0.798
0.796

73.6
68.2

51

99.5
99.7

74.6
90.0

-
(PPP )

0.787
0.783
0.782
0.778
0.777
0.772
0.772
0.772
0.771
0.771
0.770
0.769
0.769
0.768
0.766
0.761
0.759
0.755
0.754
0.751
0.747
0.742
0.741
0.739
0.737
0.734
0.732
0.729
0.729
0.727
0.725
0.720
0.719
0.710
0.710
0.708
0.704
0.703
0.699
0.694
0.693
0.688
0.686
0.683
0.654
0.651
0.619
0.619
0.612
0.610
0.601
0.593
0.586
0.576
0.575

70.0
68.7
71.2
71.6
72.4
71.4
72.9
76.0
71.4
71.1
72.4
68.8
73.8
71.7
71.7
71.7
74.0
60.1
72.2
71.6
71.3
74.1
68.7
64.6
73.3
70.5
72.0
65.4
66.5
66.2
74.3
68.3
49.9
67.6
67.6
71.1
70.1
69.9
72.7
53.4
69.9
66.4
60.4
51.5
71.0
65.4
65.7
64.6
63.4
65.8
53.5
60.6
61.2
64.9
62.5

99.5
94.1
82.3
100.0
89.1
88.1
93.3
75.1
98.7
97.0
91.1
90.4
77.7
99.2
86.0
94.6
90.8
86.2
75.4
93.4
82.0
83.1
..
99.5
93.8
92.0
83.6
90.7
..
97.3
90.3
99.2
87.0
96.9
99.3
83.8
73.2
66.4
78.0
82.9
78.1
99.6
88.0
88.0
55.6
87.9
52.8
72.7
66.0
76.6
81.1
76.3
89.9
75.1
58.9

66.2
78.0
73.2
76.7
73.5
68.9
68.7
78.3
74.1
71.3
78.7
74.3
76.2
78.0
78.1
72.1
68.7
80.7
73.6
79.6
74.0
65.7
71.5
..
78.3
68.2
74.8
86.0
83.9
79.2
62.3
71.6
62.0
72.7
77.3
68.1
70.5
76.4
72.1
70.6
62.3
70.9
67.2
76.8
61.0
68.1
54.1
59.6
61.0
49.7
58.6
58.5
56.3
46.4
54.4

7,851
8,135
10,955
4,662
6,706
7,691
5,383
6,734
4,467
5,196
4,901
7,813
7,520
3,748
6,079
4,433
4,243
15,167
7,740
3,406
5,804
4,511
4,304
4,953
..
3,712
3,796
4,206
2,782
3,236
2,600
2,551
30,627
2,425
2,006
3,041
4,562
5,349
2,570
13,604
3,666
1,753
5,155
9,757
4,108
1,638
4,837
2,165
2,753
1,725
3,511
1,802
904
1,143
2,335

0.751
0.728
0.769
0.777
0.790
0.774
0.799
0.851
0.773
0.768
0.790
0.729
0.813
0.778
0.778
0.778
0.816
0.584
0.787
0.777
0.771
0.818
0.728
0.661
0.806
0.758
0.783
0.673
0.691
0.687
0.821
0.722
0.415
0.711
0.710
0.769
0.752
0.749
0.795
0.473
0.748
0.691
0.590
0.442
0.767
0.673
0.678
0.659
0.639
0.680
0.474
0.593
0.603
0.666
0.624

0.881
0.888
0.793
0.916
0.839
0.817
0.851
0.762
0.905
0.885
0.870
0.850
0.772
0.920
0.834
0.871
0.834
0.843
0.748
0.888
0.794
0.773
0.868
0.906
0.886
0.840
0.806
0.892
0.939
0.913
0.810
0.899
0.787
0.888
0.918
0.786
0.723
0.697
0.760
0.788
0.728
0.896
0.811
0.843
0.574
0.813
0.533
0.683
0.643
0.676
0.736
0.704
0.787
0.655
0.574

0.728
0.734
0.784
0.641
0.702
0.725
0.665
0.703
0.634
0.659
0.650
0.727
0.721
0.605
0.686
0.633
0.626
0.838
0.726
0.589
0.678
0.636
0.628
0.651
0.519
0.603
0.607
0.624
0.555
0.580
0.544
0.541
0.955
0.532
0.500
0.570
0.638
0.664
0.542
0.820
0.601
0.478
0.658
0.765
0.620
0.467
0.647
0.513
0.553
0.475
0.594
0.483
0.368
0.407
0.526

52



(% - 15-
) 19992007.



()

86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
123
124
125
126
127
128
129
130
131
132
133
134
135
136
137
138
139
140


()

-2
-5
-17
21
7
-2
10
3
19
9
11
-11
-8
21
-2
13
14
-49
-16
19
-7
5
7
-3
10
7
4
13
10
13
14
-90
14
20
5
-11
-20
6
-65
-4
17
-23
-51
-12
17
-24
2
-6
10
-13
6
29
20
-6

-
(PPP )

159
160
161
162
163
164
165
166
167
168
169
170
171
172
173
174
175
176
177
178



(% - 15-
) 19992007.



()

141
142
143
144
145
146
147
148
149
150
151
152
153
154
155
156
157
158


()

0.572
0.572
0.564
0.553
0.543
0.543
0.541
0.541
0.532
0.531
0.530
0.526
0.523
0.520
0.520
0.514
0.514
0.511

66.2
45.3
46.5
66.3
59.9
65.7
53.6
60.7
61.0
57.9
55.0
56.5
50.9
56.6
55.1
44.9
51.9
47.7

54.2
79.6
67.4
56.5
70.7
53.5
73.6
57.8
62.1
60.9
72.3
65.0
67.9
55.8
..
82.2
73.6
72.0

39.3
60.1
65.3
60.8
61.3
52.1
59.6
40.7
..
39.9
57.3
56.5
52.3
50.6
25.5
61.5
62.3
53.0

2,496
4,789
5,385
1,049
932
1,241
1,542
2,084
1,155
2,086
1,208
1,334
2,128
1,927
2,061
1,541
1,059
1,969

0.687
0.339
0.359
0.688
0.582
0.678
0.477
0.594
0.600
0.548
0.500
0.525
0.431
0.526
0.501
0.332
0.449
0.378

0.492
0.731
0.667
0.579
0.676
0.530
0.690
0.521
0.588
0.539
0.673
0.622
0.627
0.541
0.554
0.753
0.698
0.657

0.537
0.646
0.665
0.392
0.373
0.420
0.457
0.507
0.408
0.507
0.416
0.432
0.510
0.494
0.505
0.457
0.394
0.497

-9
-33
-42
21
21
9
2
-10
9
-13
6
1
-17
-12
-16
-6
6
-17

179
180
181
182

0.499
0.493
0.492
0.489
0.484
0.481
0.472
0.464
0.460
0.456
0.442
0.435
0.414
0.402
0.396
0.394
0.392
0.389
0.389
0.371

62.2
52.4
61.0
60.7
56.8
44.5
59.2
55.4
49.7
55.7
57.9
57.3
54.7
47.8
47.5
50.1
48.6
47.6
52.7
48.1

53.2
71.8
40.5
50.1
48.7
70.6
64.2
41.9
64.9
..
55.5
29.5
35.9
44.4
64.6
59.3
31.8
67.2
28.7
26.2

53.9
61.9
52.4
63.2
37.5
63.3
33.3
41.2
52.2
46.8
57.6
49.3
49.0
54.8
36.6
49.0
36.5
48.2
32.8
46.9

788
761
1,312
717
1,690
1,358
626
1,666
866
1,225
362
1,140
779
802
477
341
1,477
298
1,124
1,083

0.620
0.456
0.601
0.595
0.531
0.326
0.570
0.506
0.412
0.511
0.548
0.538
0.496
0.380
0.375
0.418
0.393
0.377
0.462
0.385

0.534
0.685
0.445
0.545
0.450
0.682
0.539
0.417
0.607
0.439
0.562
0.361
0.403
0.478
0.552
0.559
0.334
0.608
0.301
0.331

0.345
0.339
0.430
0.329
0.472
0.435
0.306
0.469
0.360
0.418
0.215
0.406
0.343
0.348
0.261
0.205
0.449
0.182
0.404
0.398

11
12
-7
11
-17
-12
12
-19
1
-12
10
-10
0
-3
5
6
-24
5
-16
-16

0.369

46.7

48.6

28.6

713

0.361

0.419

0.328

-5

0.365
0.352
0.340

47.3
43.6
50.8

38.1
28.0
28.7

44.6
50.1
27.2

679
1,054
627

0.371
0.310
0.431

0.403
0.354
0.282

0.320
0.393
0.307

-5
-17
-6

7. :
-1- (The Human Poverty Index- 1) -
,
(1.25
):
- (The Human Poverty Index- 2):
53

2.1.10

23
24
26
27
29
30
31
32
33
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64

14 3.9 1.6
5.6
0
3
()
..
..
1.4
..
..
..

..
..
1.9
..
8
..

..
..
1.9
2.9
0
..

..
..
1.9
0.3
..
..

..
..
2.6
5.1
..
..

..
..
2.5
5.5
..
10

..
..
2.1
2.3
0
..

19 5.0 3.0
6.9
0
6

35 7.7 2.3
10.0
0
14

1
1.5 2.0
..
0
1

4
2.6 3.0
..
0
6

..
..
1.9
7.6
0
..

39 8.0 2.9
11.2
0
9

..
..
5.2
0.2
0
..

..
..
2.9
0.7
0
..

..
..
2.7
..
0
..

3
2.2 3.1
1.1
0
2

10 3.2 3.1
3.5
5
1

2
1.9 2.6
1.3
1
1

..
..
5.7
0.3
..
..

..
..
..
1.1
9
10

..
..
4.8
0.2
1
..

13 3.7 4.4
2.4
4
4

6
3.0 3.8
2.1
0
5

17 4.6 2.6
0.2
9
4

..
..
7.3
..
3
..

23 5.9 5.0
7.2
5
5

11 3.7 3.3
4.1
2
5

60 13.4 4.0
13.2
29
5

64 14.7 3.0
15.6
18
18

..
..
..
8.2
13
6

28 6.6 6.7
4.8
10
5

53 12.1 4.7
15.0
10
14

30 6.7 5.9
6.6
8
7

..
..
3.8
1.7
1
..

..
..
..
2.2
1
..

20 5.6 4.3
2.4
12
3

27 6.4 8.4
1.3
6
6

54

-1
-

20002006

2006



(% 5 )

19992007

,


(%)
1.25

,

()
(%)

20052010



(% - 15- )

(%)

(-1)

40

% - 1/10-)

-1

2000- 2000- 20002007 2007 2006

..
..
<2
..
<2
..
..
..
..

..
..
<2
..
<2
..
..
..
..

..
..
..
..
..
..
..
..
..

..
..
..
..
..
..
..
..
..

..

..

..

..

<2
..
..

<2
..
..

..
..
..

0
..
..

..
<2
<2
<2
<2
<2
<2
<2
..
<2
4.5
<2
..
..
<2
2.4
..
..
..
3.5
..
9.5
<2
..
<2
4.2

..
<2
<2
<2
<2
2.4
<2
<2
..
<2
11.3
4.2
..
..
4.8
8.6
..
..
..
10.2
..
17.8
2.4
..
3.4
13.5

..
8.9
14.8
..
17.3
17.0
..
..
..
5.9
..
..
..
..
17.6
23.9
..
..
..
..
..
37.3
12.8
..
28.9
21.0

..
..
..
..
2
6
1
..
..
..
-18
4
..
..
16
-13
..
..
..
-5
..
-15
..
..
13
-7

90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109

3
8
2
1
14
8
3
6
5
..
6
2
7
8
4
9
15
4
4

..
<2
..
<2
20.9
<2
<2
<2
..
..
5.2
<2
16.0
7.9
2.7
4.7
..
3.1
..

..
7.8
..
<2
40.6
7.8
<2
3.2
..
..
12.7
<2
27.9
18.5
9.0
12.8
..
17.2
..

..
..
..
18.5
..
25.4
19.6
21.7
..
..
21.5
19.5
64.0
53.1
27.0
46.0
..
15.4
..

..
17
..
11
-35
10
24
5
..
..
1
3
-21
0
6
0
..
3
..

4
1
7
9
11
3

10.6 43.4 50.9


< 2 < 2 19.5
< 2 < 2 49.6
< 2 11.5 13.6
< 2 8.0
..
13.4 30.4 54.5

-30
14
38
30
44
-29



(% 5 )

,

()
(%)



(% - 15- )

40

% - 1/10-)

-1
-

84
85
86
87
88
89

8
3.1 3.0
3.6
2
25 6.1 3.7
8.1
1
7
3.1 3.3
3.6
1
16 4.3 6.2
0.3
0
26 6.3 4.6
5.2
2
15 4.0 3.6
1.0
3
32 7.4 10.6
0.5
3
9
3.2 3.4
3.0
0
..
..
..
12.0
3
..
..
3.2
4.0
6
43 8.6 8.2
10.0
9
5
2.8 3.0
3.3
1
34 7.6 8.3
7.3
7
47 10.2 7.4
10.4
16
40 8.3 5.7
11.3
3
38 7.9 7.3
9.0
5
45 9.5 5.8
12.6
0
37 7.9 11.2
0.4
4
33 7.6 5.5
10.4
0

12 3.7 5.0
0.5
2
21 5.8 8.4
0.3
3
50 10.7 8.6
0.5
22
41 8.5 11.3
5.9
2
59 12.8 6.1
17.7
6
18 4.7 6.7
0.0
1

1.25

65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83

(%)

(-1)

,


(%)

44

9.1

9.4

10.9

5.0

15.1 42.2

..
36
73
..
66
29
46
65
..
51
49
67
72
71
54
63
56
79
..

..
7.7
17.5
..
16.5
6.6
10.1
15.6
..
10.9
10.5
16.8
17.5
17.5
12.4
14.6
12.6
21.2
..

5.8
6.2
5.6
5.6
6.0
5.3
10.0
4.1
5.4
9.9
8.9
5.5
22.6
6.4
5.7
10.7
3.9
6.2
13.0

11.9
6.7
24.9
1.3
3.0
8.9
9.6
22.3
0.8
14.0
5.4
9.2
13.8
24.6
6.6
18.0
16.9
..
0.5

..
12
9
12
17
2
8
6
0
7
23
18
13
15
7
16
11
53
..

..
7
7
..
30
4
13
4
..
4
5
29
12
4
28
10
10
8
11

..
15.9
..
..
..
<2
15.5
2.6
..
<2
6.5
14.0
4.8
6.8
22.6
11.0
..
..
24.8

..
36.3
..
..
..
3.5
27.2
12.8
..
5.8
14.2
39.7
19.6
23.6
45.0
20.5
..
..
49.6

55

..
2.8
..
..
..
14.2
..
7.6
..
18.7
..
22.7
..
22.6
25.1
37.2
..
..
..

3
..
-19
..
..
..
21
-9
26
..
39
5
7
24
19
-19
8
..
..
..



(% 5 )

1.25

4.3
6.7
9.3
13.9
12.8
10.3
5.8
6.2
34.5
10.7
9.2
6.4
11.2
7.2
7.9
31.2
7.1
12.5
21.2

6.2
8.0
16.4
9.3
..
2.7
9.7
0.8
13.0
3.1
0.7
16.2
26.8
33.6
22.0
17.1
21.9
0.4
12.0

11
20
16
14
7
28
8
10
57
12
11
20
4
2
21
4
41
33
7

3
28
11
8
14
6
25
4
19
5
3
14
23
6
10
13
20
17
24

..
..
18.2
19.6
7.7
22.4
21.5
8.1
..
46.3
21.8
20.6
11.7
<2
15.8
31.2
..
21.5
49.1

85

25.4 36.1

12.0

12

26.2 42.9

130
131
132
133
134
135
136
137
138
139
140
141
142
143
144
145
146
147
148
149
150
151
152
153
154
155

96
57
102
94
88
80
84
87
77
78
111
101
108
118
99
113
112
92
121
97
104
93
89
95
115
86

31.1
12.6
33.7
30.7
28.0
21.8
24.3
27.7
20.4
20.4
35.7
33.4
35.1
37.2
32.1
36.1
36.1
29.5
39.6
31.5
34.0
30.0
28.1
30.8
36.2
25.6

44.4
12.1
47.2
27.3
34.0
23.4
18.9
23.7
10.1
24.9
41.1
45.8
20.4
32.6
43.5
29.3
46.5
26.4
42.2
37.9
39.1
27.7
35.0
32.1
44.2
..

17
14
19
40
11
30
29
35
20
15
34
10
40
49
11
53
20
43
60
42
30
45
20
30
40
8

10
9
19
40
46
21
14
36
32
25
46
38
10
31
39
42
48
20
35
22
41
22
18
19
32
29

2.5
..
26.2
44.0
41.6
..
54.1
40.2
..
46.1
17.5
22.6
62.9
54.3
55.1
67.8
49.6
19.7
35.8
54.9
..
88.5
30.0
32.8
21.2
18.8

6.6
13.9
14.2
13.1
15.5
11.6
29.7
18.5
19.1
12.6
15.6
12.6
47.2
38.5
11.0
20.8
11.6
30.3
15.9
18.5
23.9
28.2
25.8
34.2
21.6
26.2

56

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51
87
26
163
65
96
120
98
66
147
127
130
7
34
64
55
111
84
101
124
109
110
149
148
179
37

98
66
128
170
70
113
46
119
112
183
105
32
94
162
33
40
17
125
183
18
183
50
106
72
83
109
172
148
87
110
111
107
24
59
149
68
165
158
139
143
115
176
45
49
95
26
79
178

87
135
87
30
15
71
43
61
71
150
4
61
30
87
113
30
87
4
113
183
150
150
127
150
135
61
167
71
71
127
87
87
4
150
113
43
43
43
61
87
61
71
87
61
113
113
71
87

57
41
119
20
15
27
119
27
57
73
73
93
73
27
41
172
109
93
119
172
154
132
119
73
41
132
57
73
73
119
93
154
132
57
132
172
93
180
93
93
109
20
93
165
41
73
57
57

135
10
57
56
138
68
134
143
70
1
137
130
36
82
79
147
101
164
22
91
93
148
26
113
96
39
48
166
140
43
34
76
109
34
66
50
159
53
128
165
142
89
103
154
126
124
110
132

68

50
77
117
49
66
86
61
78
36
126
69
44
157
79
83
74
140
147
48
124
64
120
71
76
89
96
82
65
29
159
95
80
119
93
145
132
131
158
63
99
110
107
162
60
45
161
152
146

156
80
168
169
91
167
50
158
86
92
97
18
87
162
47
32
22
126
160
144
63
35
124
75
162
45
108
137
148
57
121
89
103
70
116
157
96
130
124
67
46
180
19
132
146
122
104
94

78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
123
124
125


()

29
183
25
183
183
183
81
56
146
126
102
65
83
183
106
127
90
79
37
59
128
89
96
129
104
82
107
45
132
77
124
43
93
183
53
28
46
68
63
70
86
108
92
101
142
105
119
94

80
79
76
126
131
120
128
169
12
96
148
48
163
176
114
144
134
133
162
173
136
115
58
57
92
180
143
175
118
171
139
102
152
145
23
167
168
177
150
170
149
89
172
165
178
174
155
179

127
11
99
113
155
178
163
175
108
159
110
141
86
157
79
74
181
132
111
145
83
80
171
135
142
126
177
94
139
97
94
124
63
178
149
101
66
102
87
152
154
115
167
123
90
164
134
170

12
14
176
138
67
131
92
104
152
156
122
137
160
135
85
168
83
91
115
134
167
82
166
121
95
28
143
59
153
70
100
172
165
142
69
183
164
151
89
159
125
107
129
178
182
126
139
79

41
183
123
120
142
145
101
93
152
151
160
153
69
73
117
91
141
82
102
116
126
114
175
174
133
129
78
53
37
168
99
166
130
84
164
135
96
140
183
155
74
161
145
173
76
143
126
163

177
113
87
87
113
87
87
30
167
127
135
113
87
167
135
30
30
181
127
87
150
150
127
135
135
135
167
167
135
135
150
150
135
113
127
113
167
177
181
150
150
150
150
87
135
135
150
167

132
172
165
73
147
93
73
41
57
41
73
165
132
41
172
165
109
119
132
73
132
147
27
147
119
165
73
119
154
180
147
165
154
119
183
132
132
178
132
147
147
182
154
57
147
119
154
172

90
86
125
150
63
119
24
169
74
97
168
117
77
28
176
146
181
105
135
58
112
144
160
85
178
99
162
53
94
32
158
172
107
130
55
177
41
65
19
155
175
113
152
139
163
170
167
171

69

153
98
72
100
143
108
172
94
111
136
122
134
125
92
81
114
139
118
68
127
58
176
137
112
174
144
179
180
142
101
156
57
135
167
183
121
133
34
85
87
163
168
160
171
138
149
128
130

33
149
108
100
105
31
142
182
155
129
123
53
101
111
67
175
43
176
118
141
38
110
144
166
44
92
39
139
146
178
135
151
150
78
164
136
153
161
183
154
83
111
127
181
72
174
177
131

126
127
128
129
130
131
132
133
134
135
136
137
138
139
140
141
142
143
144
145
146
147
148
149
150
151
152
153
154
155
156
157
158
159
160
161
162
163
164
165
166
167
168
169
170
171
172
173


()

183
154
67
131
72
113
130
138
183
136
51
109
134
183
123
118
145
87
153
183
183
112
147
148
125
155
100
183
183
149
117
80
137
156
183
62
183
135
183
97
150
183
71
144
183
98
133
111

157
181
130
142
182
166
140
183
154

166
183
172
94
73
69
116
114
146

173
86
88
181
118
169
180
175
174

85
171
118
97
136
169
156
177
157

150
177
167
177
150
135
167
150
167

154
109
154
178
132
154
154
132
154

141
110
116
182
133
180
160
129
157

183

159 147

144

138 135 132 179 181 171 183

173
164
175
166
169
178
90
115
165

138
48
172
74
170
159
179
143
172

174
175
176
177
178
179
180
181
182


()

141
183
183
151
183
120
183
183
152

13. (Global Integrity Index) 32:




:

,
:

,
` 300
,
:
6 , .
, -`
,
-,
:
`
,
,
:
`
,
,
,
:
32

http://report.globalintegrity.org.

70

`
,
,
,
:
`
( ),
,
,
,
:
`
,
,
,
:

,
, , : , :
(
2-):

14. (Legatum Prosperity Index) 33:


: 3 . , ` ,
:
,
,

, ` :
, ,
:
22 44
, 100 :
33

http://www.prosperity.com/ranking.aspx

71

1. .
1.1. `
1.1.1. ,
1.1.2. () ,
1.1.3. :
1.2. `
1.2.1. ,
1.2.2. ,
1.2.3. ,
1.2.4. :
1.3. `
1.3.1. ,
1.3.2. :
2. .
2.1. `
2.1.1. ,
2.1.2. :
2.2. `
2.2.1. () ,
2.2.2. ,
2.2.3. ,
2.2.4. :
2.3. `
2.3.1. ,
2.3.2. ,
2.3.3. :
2.4. `
2.4.1. ,
2.4.2. ,
2.4.3. ,
2.4.4. :
,
:
(
3-):

15. KOF- (KOF Index of Globalization) 34:


KOF- 2002. (, 2006)
, 2008.:
, :

:
34

http://globalization.kof.ethz.ch/

72

2.1.14
KOF-

[38%]

i)

(50%)

( %)

(19%)

, ( %)

(20%)

, ( %)

(23%)

( %)

(17%)

( %)

(21%)

ii)

(50%)

(21%)

(29%)

( %)

(25%)

(25%)

[39%]

i)

(34%)

(26%)

( %)

(3%)

(26%)

(%- )

(20%)

( )

(26%)

ii)

(34%)

(1000 )

(36%)

(1000 )

(36%)

( %)

(28%)

iii)
( )
35

(32%)
(37%)

IKEA - ( )

(39%)

( %)

(24%)

[23%]

(25%)

(28%)

(22%)

(25%)

` Dreher, Axel, 2006, Does Globalization Affect Growth?


Empirical Evidence from a new Index, Applied Economics 38, 10: 1091-1110.
` Dreher, Axel; Noel Gaston and Pim Martens, 2008, Measuring Globalization -

Gauging its Consequence, New York: Springer.

35

IKEA- , :

73

, KOF- 2009. ,
2006 , 2006. :
2000. 2006 ` 57 61 , ` : 2001, 2002 2003
:
91.5 , ,
:
2.1.15
KOF- 2009. 36
/
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
14.
15.
16.
17.
18.
19.
20.
21.
22.
23.
24.
25.
26.
27.
28.
29.
30.
31.
32.
33.
34.
35.
36.
37.
38.

36

2000

2001

2002

2003

2004

2005

2006

AGO
ALB
ARE
ARG
ARM
ATG
AUS
AUT
AZE
BDI
BEL
BEN
BFA
BGD
BGR
BHR
BHS
BIH
BLR
BLZ
BOL
BRA
BRB
BWA
CAF
CAN
CHE
CHL
CHN
CIV
CMR
COG
COL
CPV
CRI
CYP
CZE
DEU

64.24
46.76
67.68
69.12
57.52
66.36
80.32
90.87
50.07
28.64
92.64
40.66
43.34
33.94
69.33
72.48
59.95
60.48
50.52
52.97
59.45
59.95
53.83
54.74
29.75
88.47
93.46
72.54
51.27
49.59
41.98
42.46
58.44
50.97
67.04
72.49
80.15
81.96

64.86
50.11
68.19
66.11
57.33
66.66
80.31
90.52
52.85
28.49
92.19
40.00
41.89
34.60
69.34
73.02
60.47
63.44
51.57
53.82
59.26
61.96
54.99
56.90
30.38
88.06
92.18
74.44
54.04
50.03
41.63
41.78
59.65
52.70
66.13
73.26
81.70
80.52

64.51
52.84
67.81
66.82
55.62
67.57
79.41
89.66
55.59
27.89
91.45
38.73
43.07
35.10
68.39
73.22
60.64
63.83
50.51
52.74
56.61
61.93
56.81
58.67
29.72
86.95
91.37
72.47
55.02
51.17
45.82
44.89
59.71
46.48
66.50
73.90
82.60
81.36

65.37
52.65
68.37
65.48
56.41
69.23
79.60
90.79
57.31
29.22
91.61
40.04
43.31
35.84
70.96
74.21
60.56
64.41
52.61
54.08
55.90
60.15
58.01
58.33
29.82
86.70
91.64
73.80
55.46
50.82
44.83
45.19
60.26
47.57
68.03
76.80
80.98
80.34

63.30
53.20
68.50
66.49
58.23
68.85
80.23
90.82
59.47
30.52
91.63
43.66
44.70
37.79
73.33
73.69
60.99
67.43
52.65
57.97
56.71
61.84
55.69
57.12
29.96
86.89
89.64
75.11
57.59
50.76
47.41
45.16
59.83
46.71
65.13
82.48
84.14
78.72

58.00
53.47
68.51
65.23
59.17
69.69
77.17
90.77
60.25
31.62
91.52
43.73
45.62
39.01
73.07
71.60
61.18
66.84
51.86
58.49
55.34
61.25
62.53
54.37
34.38
86.26
90.13
75.03
59.13
51.80
46.85
45.27
60.96
48.42
66.03
82.45
85.16
81.19

59.55
56.29
69.26
65.15
61.19
70.52
80.49
89.14
57.37
34.91
91.51
44.34
46.16
39.78
74.85
72.89
60.84
70.81
53.46
58.44
57.74
61.74
62.84
55.46
37.97
86.32
89.87
74.99
59.85
52.47
47.61
45.23
59.56
49.93
67.56
82.70
84.65
81.75

http://globalization.kof.ethz.ch/

74

/
39.
40.
41.
42.
43.
44.
45.
46.
47.
48.
49.
50.
51.
52.
53.
54.
55.
56.
57.
58.
59.
60.
61.
62.
63.
64.
65.
66.
67.
68.
69.
70.
71.
72.
73.
74.
75.
76.
77.
78.
79.
80.
81.
82.
83.
84.
85.
86.
87.
88.
89.
90.
91.

()

2000

2001

2002

2003

2004

2005

2006

DNK
DOM
DZA
ECU
EGY
ESP
EST
ETH
FIN
FJI
FRA
GAB
GBR
GEO
GHA
GMB
GNB
GRC
GRD
GTM
GUY
HND
HRV
HTI
HUN
IDN
IND
IRL
IRN
ISL
ISR
ITA
JAM
JOR
JPN
KAZ
KEN
KGZ
KHM
KOR
KWT
LBN
LKA
LSO
LTU
LUX
LVA
MAC
MAR
MDA
MDG
MDV
MEX

89.56
58.31
48.78
58.40
56.29
83.42
80.69
35.16
86.19
54.24
83.18
49.31
80.14
49.32
52.15
57.11
35.35
73.47
67.13
52.95
63.51
56.96
69.81
31.00
80.27
54.99
45.19
91.86
36.09
79.09
70.25
78.71
66.91
71.68
61.75
58.64
45.22
58.76
42.54
64.08
64.55
70.03
50.87
49.49
68.44
86.71
65.82
49.74
54.00
58.82
34.92
51.07
63.71

89.43
60.44
48.50
58.32
56.14
83.68
80.95
36.60
86.00
58.24
82.36
45.44
79.36
50.23
51.31
57.31
37.49
74.89
67.40
53.00
65.40
57.02
71.01
28.33
81.45
55.25
46.26
92.14
35.65
79.31
72.13
78.50
65.19
71.41
61.93
60.63
45.73
56.33
42.85
64.84
64.35
70.20
51.88
48.62
70.95
86.64
66.36
49.84
56.64
57.82
36.76
51.79
63.55

87.95
57.45
50.90
58.32
56.55
83.33
80.88
37.33
85.07
57.24
82.62
45.68
78.92
53.62
52.32
58.24
41.34
74.10
67.90
51.94
61.27
59.78
72.94
33.69
80.13
52.40
47.03
91.90
40.52
78.05
72.31
77.74
64.75
71.35
62.24
61.05
46.96
56.21
44.28
64.26
64.19
70.99
52.13
50.82
72.68
87.04
67.48
50.12
57.91
58.03
34.17
52.08
63.08

86.04
58.33
51.67
61.99
55.48
83.24
82.09
41.44
83.80
57.66
82.00
48.21
79.54
54.86
54.51
60.63
45.89
75.65
68.68
52.02
61.24
61.07
75.19
38.87
80.30
53.37
47.26
91.84
40.69
79.26
73.12
76.76
66.51
73.17
63.38
61.30
48.30
58.30
41.98
64.35
64.08
71.61
53.49
49.86
71.88
87.56
68.78
49.64
61.51
62.56
36.00
56.38
62.71

84.01
61.86
52.89
62.51
57.70
83.51
83.51
44.02
84.59
58.34
82.66
55.29
78.99
56.37
57.64
58.69
42.75
76.58
68.67
57.53
60.42
62.11
78.77
38.64
83.87
56.58
48.09
90.59
37.47
75.31
73.20
77.84
72.73
73.45
63.73
61.51
49.15
60.16
43.67
66.06
67.26
77.45
52.28
49.34
75.11
88.15
73.33
48.98
60.16
62.62
42.66
56.52
63.26

88.54
61.75
53.61
63.14
61.24
83.22
83.47
42.46
84.75
56.26
83.54
56.22
79.52
56.11
56.24
56.13
38.51
75.65
69.14
59.75
63.79
63.20
80.02
43.43
83.91
58.29
49.73
88.23
38.08
74.69
74.39
78.24
68.28
74.93
64.07
62.26
48.92
60.51
49.65
65.69
68.57
78.16
52.61
48.58
76.04
86.78
74.21
48.84
62.90
63.10
40.81
56.41
64.91

87.37
63.83
54.75
63.02
62.20
82.94
83.45
43.18
84.19
60.41
83.68
56.15
79.31
60.01
55.32
58.33
40.51
77.00
68.95
60.48
64.09
63.85
80.61
43.65
85.15
57.66
51.36
91.02
41.49
76.12
74.69
78.80
69.76
75.51
63.54
63.18
49.59
60.64
51.30
65.87
68.02
78.56
54.46
46.98
77.24
86.28
76.14
48.63
62.64
65.20
42.79
57.40
64.11

75

92.
93.
94.
95.
96.
97.
98.
99.
100.
101.
102.
103.
104.
105.
106.
107.
108.
109.
110.
111.
112.
113.
114.
115.
116.
117.
118.
119.
120.
121.
122.
123.
124.
125.
126.
127.
128.
129.
130.
131.
132.
133.
134.
135.
136.
137.
138.
139.
140.
141.
142.
143.
144.

2000

2001

2002

2003

2004

2005

2006

MKD
MLI
MLT
MMR
MNG
MOZ
MRT
MUS
MWI
MYS
NAM
NCL
NER
NGA
NIC
NLD
NOR
NPL
NZL
OMN
PAK
PAN
PER
PHL
PNG
POL
PRT
PRY
PYF
QAT
ROM
RUS
RWA
SAU
SDN
SEN
SGP
SLE
SLV
SUR
SVK
SVN
SWE
SWZ
SYC
SYR
TCD
TGO
THA
TJK
TTO
TUN
TUR

51.21
40.72
73.91
14.61
45.71
50.80
47.04
54.97
42.36
70.01
58.06
52.49
33.44
50.74
58.36
91.17
84.03
36.84
85.53
61.96
46.40
69.14
59.69
58.56
44.57
71.63
81.86
51.84
51.84
60.73
64.36
61.14
28.43
61.64
35.49
50.21
86.36
33.59
61.18
45.58
74.56
72.64
88.57
58.03
61.16
43.20
29.23
46.49
61.41
32.25
64.50
60.02
63.56

54.24
43.37
72.21
15.98
46.17
51.51
47.26
57.53
45.89
69.95
58.59
52.71
33.74
50.10
57.70
90.89
82.41
38.68
81.70
64.12
48.81
69.28
59.81
58.04
43.67
69.91
82.51
56.60
52.31
62.19
63.66
62.88
31.28
62.00
38.16
48.41
88.17
33.64
62.26
45.84
75.19
75.36
88.01
52.52
61.54
42.49
30.93
45.33
64.27
32.61
65.94
60.39
66.04

54.08
47.04
71.69
15.91
51.10
52.27
47.89
57.09
47.72
72.87
60.04
52.88
33.25
50.61
59.30
90.44
81.80
38.88
84.16
61.03
52.15
66.13
59.67
60.03
46.02
70.89
79.58
54.64
52.44
62.36
65.62
63.86
32.54
63.12
39.07
52.68
87.55
34.63
64.36
51.50
75.39
76.71
88.25
59.16
61.43
43.84
36.88
43.72
63.43
33.41
61.82
61.87
62.60

54.47
46.66
75.11
20.20
52.22
51.78
48.06
60.75
47.28
74.44
58.99
52.95
33.73
51.67
60.09
90.96
83.48
37.49
83.25
61.55
51.10
68.71
60.16
58.77
46.98
72.76
81.92
56.45
52.58
64.04
66.33
65.34
33.61
63.21
39.20
52.98
88.45
34.10
63.73
51.61
75.23
77.67
87.97
52.26
61.27
44.68
37.44
46.31
63.29
35.32
60.94
61.47
63.48

56.81
47.09
80.31
20.17
51.26
54.49
50.08
59.67
47.06
75.67
63.04
53.10
35.82
51.59
59.76
89.86
81.58
37.53
82.77
62.51
51.01
69.60
61.45
61.55
44.64
77.77
84.16
57.70
52.12
64.89
70.08
65.18
34.39
63.67
38.87
54.08
87.82
40.74
65.95
51.69
80.45
81.95
88.30
56.40
60.99
48.13
42.70
47.45
64.56
35.08
61.15
62.67
64.60

59.68
46.92
80.60
21.35
53.19
54.97
51.39
65.26
45.54
75.06
61.34
53.63
35.92
54.67
57.88
90.07
81.37
39.59
81.55
63.34
52.46
69.07
62.83
61.05
43.63
76.46
83.20
58.78
52.74
65.32
70.79
64.79
36.82
63.48
38.59
52.45
83.71
41.20
66.87
51.55
80.76
81.96
88.37
51.16
60.48
49.05
42.74
49.50
65.29
37.79
61.36
64.70
67.73

60.08
47.96
81.24
23.71
55.27
55.63
51.55
69.26
45.66
76.24
60.89
53.25
36.67
55.53
59.34
89.92
82.27
39.65
84.55
63.30
53.32
70.88
63.55
60.63
44.57
77.96
83.92
59.56
52.40
65.51
70.58
65.24
37.23
62.87
38.86
54.05
84.07
39.83
66.52
52.06
81.24
82.40
88.68
55.79
63.13
50.58
43.78
50.23
66.49
38.22
61.65
65.12
66.42

76

145.
146.
147.
148.
149.
150.
151.
152.
153.
154.
155.
156.
157.
158.

2000

2001

2002

2003

2004

2005

2006

TZA
UGA
UKR
URY
USA
VEN
VNM
VUT
WSM
YEM
ZAF
ZAR
ZMB
ZWE

34.92
39.79
63.10
65.76
74.98
64.66
42.16
58.79
61.64
38.36
64.69
24.23
55.14
48.41

35.09
40.18
63.93
65.39
74.18
63.88
43.70
59.25
62.74
40.74
63.69
27.64
54.91
46.75

36.46
41.34
63.63
63.80
72.81
62.67
45.24
59.53
63.22
41.98
62.93
29.88
57.13
44.12

38.13
43.18
65.00
65.72
73.06
64.94
46.72
51.84
63.63
43.02
63.09
29.41
56.84
48.16

39.24
48.84
66.32
66.57
74.61
60.23
49.06
51.14
64.78
43.62
64.69
29.06
57.42
50.83

39.99
45.83
68.76
68.82
73.10
61.61
49.11
57.22
65.36
42.15
66.53
29.57
55.35
50.55

40.36
45.82
69.30
69.14
74.93
58.38
50.01
60.43
66.15
41.82
67.06
30.52
56.11
50.42

16. (Financial Development Index):



,
: 7 ,
, :
:
, `
1. ,
2. ,
3. :
`
4. ,
5. (),
6. :
`
7. ():

, ,
,
2008. -:
, 6 ` 2008. 10-, 2009.
4- : 55 ,
: ,
,
:
,
:

77

2.1.16
(FDI ) 2009. 38
37

37
38

2009.

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46

2008.

2
11
1
10
8
5
7
9
4
/
6
3
17
13
12
14
15
18
21
16
22
20
19
27
/
24
28
23
32
26
30
25
35
40
29
37
42
31
41
36
33
46
43
39
49
44

2009.
(17)
5.28
5.13
5.12
5.03
4.97
4.96
4.91
4.85
4.64
4.64
4.57
4.54
4.50
4.48
4.40
4.39
4.38
4.28
4.24
4.21
3.98
3.97
3.91
3.89
3.89
3.87
3.85
3.69
3.63
3.62
3.60
3.48
3.48
3.46
3.35
3.33
3.30
3.30
3.27
3.16
3.08
3.07
3.06
3.03
3.00
2.94

0.55
+0.15
0.73
0.12
0.26
0.30
0.32
0.37
0.64
/
0.68
0.74
0.06
0.27
0.50
0.33
0.28
0.27
0.21
0.40
0.40
0.51
0.64
0.01
/
0.22
0.04
0.45
+0.03
0.31
0.19
0.51
+0.05
+0.18
0.48
+0.01
+0.05
0.34
0.00
0.24
0.45
+0.01
0.15
0.27
0.03
0.27

FDI - Financial Development Index.


The Financial Development Report 2009, World Economic Forum. Geneva, Switzerland, World Economic Forum USA Inc.
New York, USA, p. 10.

78

2009.

47
48
49
50
51
52
53
54
55

2008.

45
38
34
48
47
50
51
/
52

2009.
(17)
2.93
2.90
2.85
2.84
2.77
2.72
2.71
2.57
2.52

0.20
0.41
0.61
0.19
0.26
0.04
0.02
/
0.18

, ` , ` , ` , ` , ` , -`
` :
,
: ,
` :
2.1.17
(FDI) 2009 39

1 5.28

2 5.13

3 5.12

4 5.03

5 4.97

6 4.96

7 4.91

8 4.85

9 4.64

10 4.64

11 4.57

15 4.40

13 5.61
14 5.56
15 5.54

16 4.39

16 5.54

17 4.38

12 4.54

13 4.50
14 4.48

2
3
4
5
6
7
8
9
10
11

5.97
5.89
5.87
5.82
5.71
5.70
5.67
5.66
5.65
5.63

12 5.62

1 6.15
2
3
4
5
6
7
8
9
10
11

6.05

5.98

5.94

5.93

5.88
5.84

5.84

5.82

5.70

5.68

1 6.17

39

,
1- `
2- `
3- `


1 5.73
2
3
4
5
6
7
8
9
10
11

5.66
5.63
5.62
5.61
5.60
5.57
5.49
5.48
5.34
5.27

12 5.63

12 5.27

13 5.60
14 5.48

13 5.14
14 5.13

15 5.45

15 5.13

16 5.08

17 5.07

16 5.35

17 5.43

17 5.29

The Financial Development Report 2009, World Economic Forum. Geneva, Switzerland, World Economic Forum USA Inc.
New York, USA, pp. 12-13.

79

,
1- `
2- `
3- `


18 5.24

19 5.19

19 4.99

20 5.05

20 5.09

20 4.92

21 5.05

21 5.08

21 4.91

22 4.86

22 4.94

22 4.90

23 4.73

23 4.92

23 4.83

24 3.89

25 3.89
26 3.87


27 3.85

24 4.68 24 4.88
25 4.60

25 4.84
26 4.51

26 4.68

24 4.81
25 4.80
26 4.78

27 4.41

27 4.60

27 4.76

28 3.69

28 4.41

28 4.56

29 3.63
30 3.62

29 4.31

30 4.29

31 3.60
31 4.26

32 3.48

32 4.22

33 3.48
34 3.46
35 3.35

33 4.08
34 4.08
35 4.07

36 3.33

37 3.30

18 4.28

18 5.35

19 4.24

19 5.12

20 4.21

21 3.98

22 3.97

23 3.91

38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55

3.30
3.27
3.16
3.08
3.07
3.06
3.03
3.00
2.94
2.93
2.90
2.85
2.84
2.77
2.72
2.71
2.57
2.52

29 4.51

30 4.49


31 4.43

18 5.07

28 4.73
29 4.71
30 4.69
31 4.67

32 4.37

32 4.66


36 3.94

33 4.34
34 4.21
35 4.19

33 4.66
34 4.57
35 4.57

36 4.15

36 4.57

37 3.90

37 4.12

38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55

3.87
3.83
3.70
3.70
3.64
3.62
3.59
3.54
3.50
3.39
3.38
3.30
3.23
3.08
3.03
3.01
2.50
2.47

80

38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55

4.11
4.09
4.09
4.05
3.95
3.90
3.81
3.73
3.70
3.63
3.51
3.44
3.42
3.36
3.26
2.95
2.92
2.71

37 4.57
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55

4.56
4.50
4.49
4.48
4.44
4.44
4.44
4.27
4.23
4.12
4.10
3.82
3.79
3.79
3.70
3.68
3.50
3.19

2.1.17
()

1 6.36

2 5.32

2 5.93

3
4
5
6

5.15
5.07
5.01
4.98

7 4.90

3
4
5
6

4.83
4.79
4.77
4.68

8
9
10
11

12 4.66

12

13 4.61
14 4.56
15 4.42

13
14
15

16 4.34

17 4.34

3.98
3.74
3.52
3.37
3.
31
3.25
3.21
3.20

1 5.19

2 5.52

2 5.11

3
4
5
6

5.10
4.96
4.81
4.63

7 4.45
8
9
10
11

4.42
4.40
4.22
4.21

3
4
5
6

1 5.65

4.75
4.73
4.73
4.59

7 4.55
8
9
10
11

4.47
4.22
4.21
4.19

12 4.02

12 4.19

13 3.85
14 3.81
15 3.74

13 4.19
14 4.16
15 4.04

16 3.19

16 3.64

17 3.12

18 4.24
18 3.02

19 4.23

19 2.82

17 3.62

18 3.53

18 3.95

19 3.37

20 2.81
20 3.35

21 2.80
21 3.07

19 3.86

20 3.72

21 3.72

16 4.02
17 3.99

20 4.21

21 4.17

22 4.16

22 2.67

22 2.96

22 3.71

23 4.05
24 4.05
25 4.01

23 2.58
24 2.48
25 2.44

23 2.96
24 2.91
25 2.75

23 3.69
24 3.67
25 3.63

26 2.40

26 2.74

26 3.59


30 2.26

31 2.16

27 2.73
28 2.64
29 2.47

27 3.46
28 3.44
29 3.33

30 2.38

30 3.31

31 2.33

31 3.31

32 2.13

32 2.28

32 3.30

26 3.97

27 3.85
28 3.79
29 3.78

30 3.75

31 3.58

32 3.57

4.36
4.13
4.10
4.03

7 3.99

8
9
10
11

1 5.39

6- `

5- `

4- `


()
7- `

()

33
34
35
36
37

3.50
3.49
3.46
3.43
3.29

27 2.39
28 2.28
29 2.26

33
34
35
36
37

2.10
2.03
2.01
1.96
1.89

81

33
34
35
36
37

2.05
2.04
1.98
1.96
1.86

33
34
35
36
37

3.29
3.14
3.14
3.11
3.03

47 2.57
48
49
50
51

2.52
2.49
2.45
2.44

1.87
1.87
1.83
1.81
1.73
1.73
1.65
1.60
1.59

38
39
40
41
42
43
44
45
46

1.84
1.77
1.77
1.76
1.75
1.71
1.67
1.65
1.52

47 1.58
48
49
50
51

1.52
1.48
1.41
1.40

47 1.50
48
49
50
51

1.47
1.43
1.42
1.38

52 2.38

52 1.26

52 1.35

53 2.37
54 2.37
55 1.80

53 1.23
54 1.13
55 1.03

53 1.34
54 1.33
55 1.27

38
39
40
41
42
43
44
45
46

3.17
3.12
3.09
2.96
2.78
2.77
2.63
2.63
2.62

6- `

38
39
40
41
42
43
44
45
46

5- `

4- `


()
7- `

()

38
39
40
41
42
43
44
45
46

3.01
2.98
2.97
2.96
2.95
2.95
2.90
2.90
2.89

47 2.89
48
49
50
51

2.76
2.73
2.66
2.54

52 2.50
53 2.46
54 2.22
55 2.14

17. (Failed States Index FSI):


,

: , 12 ,
,
:
`
1.1 ,
1.2
, ,
1.3 ,
1.4 :
`
1.5 ,
1.6 / :
`
1.7 / ,
1.8 ,

82

1.9


,
1.10 ,
1.11 ,
1.12 :

1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
14.
15.
16.
17.
18.
19.
20.
21.
22.
23.
24.
25.
26.
27.
28.
29.
30.
31.
32.
33.
34.
35.
36.
37.

40
41

18.3
19.2
20.6
21.2
21.6
23.2
23.3
25.9
27.0
27.6
27.6
27.7
29.0
31.2
32.7
33.5
33.6
33.8
34.0
35.3
36.2
36.3
37.5
41.2
41.6
42.6
43.3
43.9
44.7
44.7
46.1
47.2
48.0
48.6
48.8
49.6
50.7

1.9
2.5
2.8
2.6
1.9
3.0
1.3
3.1
2.9
2.1
2.9
3.3
1.0
4.2
3.9
2.8
3.2
3.0
3.1
3.9
3.5
3.6
4.0
4.7
4.0
3.5
3.9
3.8
3.9
4.1
4.5
4.5
4.5
4.3
3.9
4.9
3.5

1.6
1.6
2.6
1.3
1.5
1.6
1.2
2.2
3.1
1.5
2.2
2.4
0.9
1.1
1.4
1.7
2.8
1.1
3.7
3.0
3.9
1.3
2.5
1.0
3.5
2.7
2.6
3.7
1.0
2.0
2.7
1.0
2.8
2.0
6.0
3.0
3.0

1.3
1.2
1.3
2.9
1.0
3.0
3.2
3.4
4.7
3.2
3.6
3.0
1.0
3.8
2.6
4.9
4.3
3.1
3.3
5.8
4.9
3.4
3.6
2.0
4.1
3.6
6.2
4.5
3.5
4.5
4.4
3.0
4.2
4.3
4.0
3.2
3.4

` :
Internally displaced persons (IDPs).

83

1.1
2.1
2.0
2.0
2.0
2.0
2.3
1.1
2.1
1.2
1.1
2.1
3.2
2.0
2.3
1.3
1.9
2.7
1.0
2.0
2.8
3.5
2.1
5.8
5.0
4.5
1.7
3.0
2.4
4.0
4.7
1.3
5.2
5.4
4.3
6.1
5.0

2.2
1.9
2.3
2.6
3.0
2.2
4.2
4.4
3.3
2.5
4.9
4.7
2.5
2.5
3.9
4.9
4.7
3.0
5.3
5.5
4.9
5.2
4.4
5.2
2.4
4.3
5.2
4.7
5.9
5.5
4.8
2.3
6.2
5.8
4.6
4.9
6.1

2.3
2.4
1.6
2.1
2.7
2.7
3.6
2.8
2.5
2.2
2.3
2.0
6.7
3.1
4.2
3.2
2.5
3.2
2.9
3.3
3.2
3.6
4.3
4.1
2.1
4.1
4.0
4.4
4.3
4.8
4.0
4.4
4.7
4.6
3.9
4.8
5.0

1.0
0.9
1.0
1.2
1.8
1.3
1.1
1.4
1.4
2.9
1.6
1.7
2.2
2.0
1.6
2.8
1.8
4.0
3.0
1.8
2.3
3.0
2.0
2.8
4.1
3.6
1.3
4.3
5.3
3.4
4.5
6.0
4.1
3.9
4.3
4.4
5.5

1.3
1.1
1.2
1.6
2.3
1.5
1.4
1.4
1.4
2.4
1.4
1.2
1.4
1.2
3.8
2.0
2.2
1.5
2.3
1.5
1.9
3.2
4.2
3.6
2.2
3.8
2.6
2.8
4.4
4.2
3.9
4.5
3.4
4.0
3.5
3.9
3.8

1.5
1.7
1.6
1.7
1.5
1.5
1.7
2.5
1.2
1.5
1.6
2.1
2.1
3.4
3.7
1.7
2.3
4.3
4.0
2.9
2.5
3.2
3.6
2.5
2.7
3.5
2.7
2.6
3.9
4.0
3.6
6.4
3.5
4.0
3.6
4.0
3.5


()

()
41
DPs

2.1.18
2008. (Failed States Index FSI)40

1.1
0.9
1.1
1.0
1.1
1.3
1.0
1.0
1.0
2.0
1.0
1.1
1.0
2.0
1.1
1.7
2.6
1.0
1.4
1.2
2.1
2.7
2.0
3.3
1.4
2.0
5.2
4.0
3.6
2.1
3.5
5.0
2.1
2.0
4.0
2.3
2.1

1.1
0.9
1.3
1.0
1.3
1.0
1.2
1.5
1.4
3.6
2.4
2.4
2.0
2.0
1.2
3.5
2.9
4.1
2.5
2.0
1.8
1.3
1.5
2.5
3.6
3.3
5.7
3.7
3.3
3.1
2.0
6.6
3.0
3.9
1.7
3.7
5.0

1.9
2.0
1.8
1.2
1.5
2.1
1.1
1.1
2.0
2.5
2.6
1.7
5.0
3.9
3.0
3.0
2.4
2.8
1.5
2.4
2.4
2.3
3.3
3.7
6.5
3.7
2.2
2.4
3.2
3.0
3.5
2.2
4.3
4.4
5.0
4.4
4.8

38.

39.

40.
41.
42.
43.
44.
45.
46.
47.
48.
49.
50.
51.
52.
53.
54.
55.

56.

57.
58.
59.
60.
61.
62.
63.
64.
65.
66.
67.
68.
69.
70.
71.
72.
73.
74.
75.
76.
77.
78.
79.
80.
81.
82.
83.
84.
85.
86.
87.
88.


()

()
41
DPs

51.2

4.7

4.4

4.9

4.0

5.4

4.4

4.7

3.5 3.5 2.5

5.5

3.7

51.8

4.6

3.4

4.7

3.3

5.7

3.2

6.7

3.6 5.8 2.3

4.0

4.5

51.9
52.5
54.6
57.2
58.0
59.0
59.7
60.1
60.9
61.3
61.5
61.9
62.8
63.4
66.2
66.7

4.7
5.7
4.5
4.1
5.1
5.0
6.6
4.9
6.7
5.6
4.7
5.8
4.7
5.7
7.0
5.8

3.2
4.5
4.5
3.3
4.1
3.1
3.4
6.1
3.7
3.4
3.8
1.2
3.6
4.2
5.1
3.1

5.2
4.1
4.5
5.3
6.4
6.4
4.6
5.4
5.0
5.5
4.4
4.3
4.3
5.1
5.4
4.9

3.3
4.7
5.0
7.0
2.5
3.7
5.0
4.8
5.7
5.1
6.0
2.3
7.8
4.3
8.1
7.1

5.3
6.7
6.2
7.1
4.6
5.9
7.3
5.5
6.9
5.8
6.3
5.8
6.5
6.1
6.6
7.6

4.4
5.0
5.5
5.2
4.6
3.5
5.6
5.9
4.4
5.3
5.0
5.9
4.8
3.5
5.5
4.5

6.5
4.1
5.1
4.5
4.7
6.9
4.7
4.5
5.5
6.2
6.0
6.7
5.8
6.5
5.3
6.1

2.6
4.0
4.4
2.8
4.0
3.1
5.5
3.9
4.6
5.0
5.0
5.5
5.0
3.5
7.2
5.4

2.5
2.2
2.9
5.0
4.7
4.4
5.1
4.3
5.3
4.3
5.3
5.0
5.0
5.1
2.4
5.7

5.0
3.2
4.3
4.5
6.0
6.1
3.0
4.3
4.8
5.1
4.6
5.7
4.4
7.2
4.2
5.6

4.7
4.8
4.0
5.4
5.8
5.9
4.2
5.8
5.3
5.5
5.6
7.1
5.9
5.3
4.7
5.3

67.4

8.4

7.4

5.3

4.3

8.5

4.6

5.5

5.7 4.5 4.3

5.9

3.0

67.6
67.7
67.9
68.1
68.6
68.8
68.9
68.9
69.1
69.4
69.5
69.7
70.0
71.4
71.9
72.0
72.5
73.0
73.2
74.2
74.3
74.4
74.4
75.4
75.5
75.6
76.7
76.9
77.1
77.1
77.2
77.2

5.9
6.3
5.9
5.4
6.4
9.2
5.0
6.5
6.4
5.9
7.0
6.1
6.4
6.5
7.2
6.4
6.0
6.3
6.2
7.4
5.9
7.2
5.0
7.0
7.5
7.7
8.0
6.8
6.6
7.0
7.8
7.6

3.2
4.4
2.9
4.4
2.7
6.7
4.5
5.2
3.9
4.2
5.0
3.0
2.6
3.0
3.1
1.3
3.9
3.5
3.9
6.0
7.2
5.7
4.6
4.3
6.2
5.5
4.0
5.3
4.5
6.7
4.0
5.7

5.4
5.0
4.5
6.6
4.5
4.3
7.5
6.2
6.4
5.8
4.9
6.9
5.4
5.2
4.5
6.5
5.5
6.1
6.2
6.3
6.0
3.0
7.5
5.9
4.1
5.8
5.0
5.5
6.4
6.8
5.0
6.2

5.3
4.7
7.8
4.0
6.3
6.0
5.2
3.8
5.0
4.0
6.9
7.1
7.2
8.2
8.3
6.0
4.0
7.9
6.9
5.6
6.7
6.0
6.9
7.0
7.0
7.7
7.3
6.0
7.3
6.2
6.3
6.9

7.2
6.8
6.9
7.8
6.7
7.2
7.8
6.9
8.9
7.1
7.3
6.4
5.9
6.8
7.0
7.9
6.4
7.9
7.9
7.5
6.5
7.8
7.3
8.2
7.4
9.1
6.1
6.5
8.2
7.8
8.5
7.8

4.9
4.8
5.9
3.4
6.6
5.6
4.0
4.7
4.1
5.5
6.0
5.5
6.5
5.8
6.6
5.9
6.4
6.6
6.3
6.5
5.3
5.5
6.3
6.1
6.9
6.1
7.9
6.7
5.6
6.5
7.2
6.3

6.6
7.1
6.3
7.9
7.0
5.8
5.4
6.1
6.4
7.1
6.2
7.2
7.3
6.6
6.6
7.9
7.7
6.7
6.7
6.0
7.1
7.3
7.4
6.8
6.6
5.0
7.3
7.3
6.9
7.4
7.0
7.0

6.1
4.6
4.1
3.6
6.4
6.4
3.6
5.2
6.0
4.2
5.7
4.2
5.8
5.0
6.8
6.0
5.3
5.5
5.0
7.3
5.4
6.8
4.8
6.0
8.0
7.1
7.5
6.3
6.3
6.5
7.1
6.6

6.0
6.0
5.8
7.4
4.0
2.8
7.9
6.1
5.1
7.1
4.6
7.9
5.9
5.5
5.5
7.5
7.6
5.1
5.8
4.0
6.9
7.2
6.7
5.0
4.3
3.6
6.3
7.1
6.9
6.2
6.1
4.5

3.4
6.5
7.6
4.7
6.3
5.8
9.0
5.6
4.4
5.0
6.0
6.6
5.7
8.1
8.0
4.4
6.4
5.2
6.1
5.7
5.9
5.7
6.8
6.6
6.7
6.2
6.4
6.0
5.7
4.2
5.9
5.3

84

4.5
3.5
3.7
3.0
5.5
5.0
4.7
4.7
3.0
4.5
4.8
6.6
5.0
6.9
4.7
5.6

7.4
5.9
4.7
6.8
5.7
5.0
3.8
6.5
5.6
8.1
4.0
5.5
5.8
4.7
3.0
6.9
6.8
5.4
6.0
6.0
6.1
6.3
5.3
5.5
5.6
6.0
5.3
7.2
5.5
6.7
6.3
6.9

6.2
5.6
5.5
6.1
6.0
4.0
5.2
6.1
6.9
5.4
5.9
3.3
5.5
6.0
5.3
5.3
6.5
6.8
6.2
5.9
5.3
5.9
5.8
7.0
5.2
5.8
5.6
6.2
7.2
5.1
6.0
6.4

89.

90.

91.
92.
93.
94.
95.
96.
97.
98.
99.
100.
101.
102.
103.
104.
105.
106.
107.
108.
109.
110.
111.
112.
113.
114.
115.
116.
117.
118.
119.
120.
121.
122. ( )
123.
124.
125.
126.
127.
128.
129.
130.
131.
132.
133.
134.
135.
136.
137.
138.
139.
140.


()

()
41
DPs

77.5

6.5

6.0

8.0

3.4

7.0

2.7

8.4

4.3 8.9 8.0

7.8

6.5

77.7

6.7

5.3

6.0

8.5

8.0

5.6

5.8

6.7 6.7 5.8

6.8

5.8

77.8
77.9
78.2
78.5
78.7
78.8
78.8
79.0
79.2
79.2
79.5
80.6
80.6
80.6
80.6
80.7
80.8
81.1
81.2
81.6
81.8
82.3
82.4
82.6
83.3
84.1
84.1
84.2
84.3
84.6
84.6
84.6
85.0
85.1
85.8
86.3
86.3
87.2
87.3
87.3
88.3
88.7
89.0
89.0
89.0
89.1
89.2
89.6
89.8
90.0

8.3
6.7
6.8
7.9
8.7
6.5
6.1
7.2
5.8
6.9
6.8
6.7
8.0
7.0
6.9
8.7
7.0
8.0
6.5
8.9
9.4
7.2
9.2
7.4
5.5
7.5
7.3
9.0
7.0
6.4
9.0
7.2
8.6
6.6
7.2
7.8
7.4
7.9
6.5
7.9
8.3
8.7
7.6
8.2
9.3
8.0
6.9
8.0
6.1
6.5

4.9
7.9
6.6
4.0
4.6
6.5
4.3
5.7
7.3
6.5
5.0
6.7
6.4
5.8
5.9
3.2
5.9
7.1
6.3
5.0
4.7
4.1
4.0
5.2
7.2
4.0
6.7
7.1
4.8
8.2
6.8
8.0
7.0
4.2
6.3
4.9
3.7
6.0
7.5
5.2
2.0
6.2
6.9
5.9
6.9
5.3
9.2
5.0
9.2
8.5

7.3
6.8
7.7
4.4
6.5
5.2
7.3
4.4
7.9
8.0
7.0
7.7
5.7
6.7
5.5
4.8
7.5
6.6
6.3
5.6
5.2
6.9
4.0
6.3
8.2
7.3
6.3
5.3
6.5
7.9
7.9
9.3
6.1
7.1
7.5
7.5
5.5
5.8
7.9
7.0
6.8
8.2
8.0
7.0
8.7
7.2
7.2
7.5
8.2
7.6

6.7
5.0
5.0
8.2
7.4
7.0
6.5
6.4
5.5
4.5
6.9
6.2
5.2
6.7
7.2
7.6
6.2
6.0
7.3
5.0
6.5
5.0
6.0
6.9
5.8
7.6
7.2
7.0
5.6
5.7
6.1
4.0
5.5
8.0
7.2
6.9
6.0
6.9
6.8
8.0
7.4
5.0
6.2
6.6
7.2
7.5
8.5
5.0
6.8
6.8

8.9
7.4
8.0
6.2
6.9
5.2
7.7
7.0
7.4
7.7
8.0
7.3
6.3
8.2
6.8
7.4
8.1
6.9
8.0
7.6
5.6
7.2
6.0
8.1
7.3
8.9
8.1
7.1
7.6
7.4
9.2
7.5
9.4
7.0
7.6
8.7
6.3
7.5
8.7
7.2
9.0
7.0
7.6
6.0
7.3
8.3
8.5
8.0
8.0
7.4

5.0
6.5
5.3
7.2
8.3
6.7
6.3
7.4
5.9
3.8
5.3
4.6
6.6
6.6
6.3
8.0
4.6
7.5
6.4
7.4
8.4
6.6
8.0
7.7
5.5
6.8
6.9
8.5
6.9
6.1
4.5
4.1
4.5
6.8
6.0
7.0
7.8
8.2
7.5
7.5
4.4
7.8
7.0
7.5
7.5
7.6
4.3
8.3
6.8
5.5

5.5
6.0
6.5
7.4
5.3
7.2
8.6
7.8
7.3
8.2
7.2
7.7
7.4
7.1
7.5
7.3
8.0
6.7
7.0
6.6
7.4
8.9
8.8
7.1
8.2
7.7
6.7
7.8
8.5
8.2
8.5
7.5
8.0
8.1
8.5
7.6
8.7
7.5
7.4
8.5
9.4
7.0
8.6
8.2
7.9
8.3
7.9
8.3
8.8
8.3

7.0
5.4
5.3
7.6
8.4
7.3
5.0
7.1
5.2
5.4
5.9
6.7
7.5
6.6
5.0
8.9
5.7
8.0
6.8
8.8
8.7
6.6
7.8
7.8
5.6
8.1
6.7
8.4
7.2
5.5
7.2
7.0
8.0
6.7
6.1
7.7
8.7
8.3
7.2
7.9
8.6
8.5
6.4
8.0
7.3
6.5
6.0
8.4
5.7
6.0

6.0
6.5
7.8
6.1
4.0
7.4
8.2
6.2
7.9
8.0
7.7
6.7
6.9
6.3
7.1
5.6
8.0
6.3
7.8
7.1
6.9
8.1
6.9
7.2
8.7
7.1
7.3
5.7
7.7
7.9
7.2
8.0
7.3
8.0
7.9
8.2
7.9
7.3
7.7
7.5
8.6
8.0
8.1
8.3
8.0
7.3
8.0
8.0
7.8
9.1

5.1
6.8
6.2
7.6
6.9
6.0
6.0
6.9
6.9
5.8
5.5
5.7
8.2
5.5
7.5
6.0
4.6
6.8
6.0
7.8
7.0
7.1
7.4
6.6
8.5
5.9
6.9
7.5
6.0
7.0
3.3
8.0
7.2
7.6
6.8
6.8
9.8
6.8
6.2
6.7
6.0
7.3
8.0
7.2
7.0
7.8
8.0
8.9
6.0
6.8

85

6.0
6.9
6.0
6.2
5.2
7.5
6.1
6.9
5.8
6.9
7.3
7.6
6.2
7.0
7.4
7.2
8.3
5.8
6.0
5.9
6.5
8.0
7.5
5.8
5.4
6.5
6.7
5.6
8.9
7.0
8.9
8.0
7.2
7.0
7.0
6.8
7.0
7.6
8.4
7.4
9.2
7.1
8.4
8.5
7.3
7.6
7.2
7.0
8.6
8.9

7.1
6.0
7.0
5.7
6.5
6.3
6.7
6.0
6.3
7.5
6.9
7.0
6.2
7.1
7.5
6.0
6.9
5.4
6.8
5.9
5.5
6.6
6.8
6.5
7.4
6.7
7.3
5.2
7.6
7.3
6.0
6.0
6.2
8.0
7.7
6.4
7.5
7.4
5.5
6.5
8.6
7.9
6.2
7.6
4.6
7.7
7.5
7.2
7.8
8.6

141.
142.
143.
144.
145.
146.
147.
148.
149.
150.
151.
152.
153.
154.
155.
156.
157.
158.
159.
160.
161.
162.
163.
164.
165.
166.
167.
168.
169.
170.
171.
172.
173.
174.
175.
176.
177.

90.3
90.3
91.3
91.8
91.8
92.1
92.8
93.1
93.5
93.8
94.8
95.3
95.4
95.7
96.5
96.7
96.9
97.2
98.1
98.1
98.3
98.9
99.8
101.4
101.5
101.8
102.5
104.1
104.6

8.6
8.2
9.0
6.4
8.6
8.9
7.9
8.9
7.0
9.3
8.6
8.0
8.3
9.2
9.5
7.5
8.7
8.4
8.8
8.9
8.5
9.4
8.5
9.0
9.0
9.3
8.6
8.3
8.5

7.0
6.4
6.0
8.3
8.0
6.9
5.3
7.8
9.0
6.3
6.5
7.5
6.8
8.1
6.4
9.3
9.3
9.0
7.9
6.9
6.0
8.0
5.3
9.0
8.8
5.8
7.8
8.6
7.1

5.8
6.9
6.1
8.5
6.1
6.6
7.4
6.5
9.2
5.9
5.8
7.2
8.7
7.5
8.5
9.8
8.0
7.3
7.7
9.4
7.2
8.2
9.7
8.6
8.9
7.3
9.0
9.6
8.2

6.5
6.5
6.5
6.0
6.8
8.5
7.0
6.1
7.2
8.3
7.0
8.0
6.0
6.5
6.3
6.9
6.5
5.7
7.4
8.4
5.0
7.7
8.3
8.3
6.0
8.6
8.4
8.3
8.6

6.0
7.3
9.0
7.5
8.5
8.4
8.7
8.0
7.4
8.5
8.5
8.9
9.3
8.4
7.6
8.5
8.7
6.8
8.9
9.0
8.8
8.8
9.5
8.8
9.5
8.2
8.1
8.8
8.9

8.6
7.5
8.2
6.0
8.2
8.6
7.2
8.0
6.3
9.1
8.5
6.9
8.5
8.0
9.2
6.1
7.6
8.4
8.2
8.0
9.6
8.3
6.6
7.5
8.2
8.9
8.3
6.4
8.7

8.6
8.9
7.9
9.0
7.0
7.4
9.0
8.6
7.8
8.3
8.6
9.2
8.0
7.5
8.7
9.0
8.0
9.4
8.3
8.5
9.8
7.9
9.2
9.0
9.5
9.2
9.1
9.1
9.8

8.6
7.6
9.0
6.3
8.5
8.7
6.6
8.8
6.2
8.8
8.7
8.0
7.4
9.0
9.5
6.6
8.0
8.4
8.5
8.0
9.6
8.2
9.0
8.0
9.0
9.5
8.0
7.5
9.2

7.4
7.5
7.5
7.9
6.9
6.1
9.0
7.8
9.1
5.6
8.5
7.8
8.1
7.3
7.4
9.2
8.2
9.0
8.4
8.0
8.3
7.5
9.4
8.0
8.4
8.4
8.5
9.5
9.4

7.7
8.4
7.6
8.9
7.9
7.7
9.0
7.1
9.1
7.8
8.0
8.7
8.4
7.7
7.1
9.2
8.2
8.8
9.0
8.9
7.8
8.8
9.6
8.8
8.7
8.3
8.5
9.6
9.2

7.6
6.5
8.0
9.5
8.6
7.3
6.5
7.6
8.3
8.4
8.1
7.1
7.2
8.9
8.1
6.1
8.0
9.0
7.3
6.5
8.2
7.6
6.1
8.2
6.5
9.8
9.7
9.5
8.0

105.4 8.9

9.0

8.6

5.7

9.1

8.4

9.3

9.3 8.9 9.6

9.5

9.1

108.2
108.6
108.7
112.2
112.4
114.0
114.7

8.9
8.9
9.6
9.4
9.8
9.1
9.9

9.6 7.2 8.4 8.3


9.7 9.1 8.6 7.6
8.9 8.1 9.3 8.3
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9.9 9.0 9.6 7.0
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9.8
9.0
8.6
9.8
9.8
9.8
10.0

8.9
8.4
9.2
9.6
9.5
9.8
9.9

9.1
9.6
8.7
9.8
9.5
9.5
10.0

10.0
10.0
9.6
9.7
9.8
7.6
9.8

9.3
8.7
9.7
9.3
9.0
9.8
9.8

7.9
8.6
6.5
7.5
6.7
7.0
9.2
7.9
6.9
7.5
8.0
8.0
8.7
7.6
8.2
8.5
7.7
7.0
7.7
7.6
9.5
8.5
8.6
8.2
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1
2
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0
2
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4
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8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28

7
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5
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7
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30
31
32
33
34
35
36
37
38
39
40
41
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9.52
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9.49
9.57
9.39
9.39
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9.61
9.33
9.31
9.22
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9.49
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9.78
9.29
9.77
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9.21
9.66
8.73
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9.1

9.06

9.24

9.24

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9.45

9.05
9.02
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8.96
8.95
8.92
8.91
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8.42
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8.31
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8.18
8.17
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9.26
9.04
8.79
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9.08
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8.94
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9.27
9.58
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8.14
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9.14
8.74
7.68
9.69
8.36
9.41
9.78
8.48
9.14
6.61
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5.29
8.67
8.32
9.02
5.37
8.33
8.31
6.86
7.73
8.23

8.71
8.83
9.68
8.67
9.47
8.8
8.46
8.85
8.25
9.51
9.13
9.22
8
9.05
8.26
9.33
8.07
7.88
7.54
7.7
7.7

7.82

8.43

8.6

8.09

8.6

7.79
7.77
7.65
7.61
7.58
7.5
7.47
7.41
7.39
7.38
7.28
7.16
7.09
6.99
6.73

8.18
7.7
7.52
7.34
7.18
7.47
7.37
7.38
7.58
7.26
7.28
7.58
6.53
6.94
6.63

6.62
7.98
8.03
8.42
8.78
7.6
7.78
7.48
6.82
7.74
7.26
5.92
8.76
7.14
7.05

8
6.7
6.63
7.41
7.95
7.81
6.89
7.03
7.57
7.73
7.67
7.63
6.85
6.43
6.45

7.96
8.4
8.35
6.95
5.86
6.65
7.26
8.02
8.21
7.03
6.56
8.09
6.48
7.65
5.37

8.59
7.99
7.58
7.66
7.74
7.95
7.95
7.09
6.94
7.01
7.62
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6.27
6.74
8.06

6.73

6.72

6.75

6.69

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88

48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64

0
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1
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15
91
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66
67
68
69
70
71
72
73
74
75
76
77
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79

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80
81
82
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86
87
88
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90
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92
93
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96

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6.04
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5.85
5.74
5.66
5.65
5.65
5.59
5.58
5.57
5.55
5.55
5.54
5.52
5.48

6.06
5.8
5.84
6.58
5.63
6.32
6.11
5.47
5.37
5.49
5.66
6.5
6.82
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6.6
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4.31
6.19
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6.4
6.36
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6.64
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7.14
7.3
6.07
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6.38
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5.38

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6.85

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5.36
5.33
5.31
5.21
5.16
5.07
5.05
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4.9
4.84
4.81
4.79
4.72

4.77
5.42
5.1
5.15
5.1
5.3
5.17
6.19
5.19
5.02
4.93
4.88
4.67

7.15
5.06
5.94
5.36
5.35
4.38
4.7
1.15
4.01
4.27
4.42
4.49
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4.94
5.82
3.97
5.22
5.35
4.79
3.68
5.79
5.03
4.48
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3.21

4.47
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4.89
6.46
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6.43
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5.06
5.08
4.76
4.74
6.41
5.5
5.35
5.16
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4.58

4.68

4.26

3.11

5.7

5.24

4.57
4.47
4.42
4.36
4.29
4.28
4.2
4.18
4.17
4.12
4.08
4.06
4
3.96
3.9
3.88

4.97
4.66
4.54
5.37
4.23
3.37
4.47
5.41
4.04
4.03
4.24
3.74
4.15
3.92
4.55
3.37

3.34
3.9
4.04
1.31
4.49
7.01
3.4
0.48
4.56
4.37
3.59
5.02
3.56
4.09
1.94
5.38

4.78
5.44
4.65
5.14
2.93
3.14
5.03
5.46
4.13
3.8
4.44
3.29
3.9
2.82
4
4.06

5.94
4.2
4.08
8.36
6.35
2.65
4.25
5.33
5
4.69
4.35
3.37
4.25
4.97
4.52
2.65

4.21
4.33
4.88
2.61
3.4
4.34
4.12
5.46
2.98
3.6
3.92
4.56
4.29
3.96
5.12
3.41

3.85

3.77

4.09

2.91

4.39

4.03

3.83
3.75
3.54
3.51

4.05
4.67
3.35
3.74

3.18
0.99
4.12
2.79

3.64
4.56
3.72
2.72

5.01
3.8
1.95
3.66

3.49
5.65
4.37
4.85

89

101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
123
124
125
126
127
128
129
130
131
132
133
134
135
136
137
138
139
140
141
142
143
144
145
146
1
2
3
4
5
6

-16
8
-2
-15
6
-9
-3
-1
-1
-1
-5
-26
-1
2
5
15
0
9
-14
13
13
2
-20
-1
-10
2
16
-3
3
11
-12
-2
2
-16
-9
0
-8
0
-26
-3
3
-20
-1
-5
-5
-25

1
-1 G7-

2


-1

-1
0

43

3.46
3.61
3.35
3.01
3.29
3.17
3.25
3.95

3.22
3.57

3.22
3.33
3.21
3.09
3.09
3.57

3.09
2.95
2.89
2.69
2.81
2.6
2.78
2.87
2.77
2.69
2.57
2.16
2.46
1.97
2.36
1.94

2.36
1.76
2.34
2.48
2.25
2.96

2.21
1.47
2.2
2.04
2.17
1.54

2.12
1.85

2.06
1.37
2.05
1.89
2.05
1.78
2
2.11
1.94
2.09

1.84
2.12
1.78
2.22

1.74
1.62

1.71
1.09
1.71
1.91
1.69
1.19
1.65
1.75
1.58
1.08
1.56
1.54
1.48
1.55
1.47
1.3

1.34
1.69

1.3
0.91
1.27
1.29

1.14
0.85
1.07
1.22
0.96
0.87
/
/

8.76
8.78

8.72
8.91

3.01
4.37
3.66
1.13
2.18
2.88
3.59
1.65
3.5
3.5
3.46
2.51
2.99
3.79
3.93
3.64
4.18
1.91
0.12
4.45
2.66
4.05
2.92
4.16
2.54
2.87
1.69
1.47
0.99
0.48
2.11
3.58
1.12
3.17
1.37
3.06
1.63
1.28
1.99
0.31
2.48
1.18
2.02
0.62
1.22
2.41

2.95
2.16
3.19
3.35
3.59
2.01
3.16
3.17
4.15
2.01
2.09
4.17
3.83
2.85
2.02
2.24
2.33
2.88
3.55
2.11
2.67
2.1
2.02
1.79
2.76
2.73
3.62
2
2.29
1.86
2.27
1.78
2.65
2
2.28
1.67
2.07
1.6
1.68
1.3
1.39
2.03
1.22
1.51
1.47
1.54

4.81
3.03
3.59
6.15
3.66
5.53
2.97
3.1
2.21
2.75
3.09
1.97
1.83
1
1.78
0.89
1.18
1.17
2.38
1.11
1.79
1.17
1.69
0.83
1.76
1.01
0.79
2.25
1.83
1.28
1.79
0.31
1.38
0.92
1.09
0.3
1.93
1.53
0.88
3.06
0.59
0.71
0.67
1.09
0.58
/

3.08
3.85
2.72
2.35
3.46
2.46
3.13
4.43
2.49
3.31
2.61
2.45
2.41
2.63
2.12
2.68
1.76
3.39
2.94
1.18
1.67
1.36
1.84
1.48
1.15
1.59
1.91
2.03
2.23
3.52
0.8
1.18
1.68
0.67
1.87
1.27
0.62
1.53
1.32
0.7
0.75
1.13
0.64
1.05
0.55
3.16

8.71
8.15

9.27
9.19

8.29
8.75

8.78
8.8

6.45

6.69

5.71

6.99

6.62

6.46

6.41

6.71

5.52

8.49

6.64

5.95
5.47

6.19
5.68

5.21
4.86

8.11
7.57

4.24
3.75

6.22
5.71

90

8
9

0
0

43

5.21

5.37

4.71

5.8

5.05

5.27

2.71
2.72
2.58
2.55

8.23
8.3

2.68
2.65

4.31
3.29

1.38
1.92

2.45
2.45

8.02

9.02

7.47

8.42

5.66

5.85

5.08

6.03

5.63

5.89

3.78

4.04

3.01

4.96

3.32

3.85

1.98

2.05

2.52

1.61

1.82

19. () (Open budjet index):


85
` 2002 :

, 123 ,
91 : 32 : , , :
1. .
1. , :
2. . :
3. , :
4. :
2. .
:
:
:
:
:
3. .
:
( ) :
:

,
91

: 2008
,
, 88 : ` , :
, , ,
:
2.1.20
44
2008.

44

2008.

2008.

88
87
87
86
82
80
78
74
74
67
67
66
64
64
62
62
62
61
61
60
59
58
58
57
56
55
55
54
54
53
53
51
50
48
48
46
46
46
45

88
87
87
86
82
80
78
74
73
67
66
66
66
64
64
62
62
60
60
60
59
58
57
57
56
55
54
54
54
53
52
51
49
48
47
47
45
45
45

www.openbudgetindex.org

92

2008.
44
43
43
43
42
40
39
38
37
37
37
36
36
35
35
35
33
32
28
28
26
19
19
14
14
13
12
12
11
10
10
8
8
8
7
5
4
3
3
2
1
1
1
0
0

93

2008.
44
43
43
43
42
40
38
37
37
37
36
35
35
35
34
33
32
29
27
26
19
18
14
14
12
11
11
11
9
9
8
8
7
5
5
3
3
2
1
1
0
0
0
0
0

2.2.

,
:
: , ,
, :
,
, :

() 45:
,
1994. ,
:
+ - () 0.33
0.33:
, , ` 2.6 2+, 2.8 ` 3-: :
1+ , 1.3 1:


1. :
2. , :
3. 25%- ( `
,
), :

45

, 2008 ,
(EBRD), www.ebrd.com, . 72-79.

94

4. 50%-
, :
4+ .
75%- ` :

1. :
2. :
3. :
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:
4+ .
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3.
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4. , :
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:

95

4+ .
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3.
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1. :
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4+ .
,
:

1. ,
:
2. ,

:
96

3.
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, :
4. 46 - ,
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:
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- , :

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(, , , )
:
4.
IOSKO 47 - .
() ,
:
4+ . IOSKO-
, :


. , ,
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46
47

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IOSKO - :

97

1. . : ,
:
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:
4. , :
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4+
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98

3. :
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:
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,
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1. , :
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:

99


:
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( ):

/
:
4. :
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, ` - :

, / :
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:
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:

:

1. :
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:
,
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100

2. :
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:
3.
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: :
4. , - , : :
4+ , () : , , , : :
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1. , : -
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101

,
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. ( VIII );
(
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. (
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102

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):
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` II, - - , - .
` II, , ,
, , :
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:
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,

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):
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,
:
. , , , , :
103

. (, 2005.):


, ,
, 48- :
. , , , :
` (, 2005.):


:
` , , , :
` (, 2008.):

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), ( 4 ),
( ):
` - :


()
:
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) :
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, `
:
` ( , , ), ( 4
, ), (
):


, 49

:

48
49

- :
- - :

104

` , , , , :
` (
2007-2008.):


( ), (), , :
` - :

:
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, (IOSCO):
` , , , , :
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(, 2007.):

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2 ( 1993. ):
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:

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, , , , , , :
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,
, , 105

, : -
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: (`
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:
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:
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, 106

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:
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):
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- 15 `
(), , , , , , , , , , , , , , ,
:
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:
107

()
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):
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,
:
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:

( ` )
, :
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, :
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: , 50%-:
()
(
50%-) :
` - - :
(
)
,
() , ,
()
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.
1. ,
108

2. , ` , ,
( , ),
3. :
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:
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()
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,
: ,
:
109

` :
(100 )
, 100 , :
` :
(1989=100)
(- -)
:
` :
(
1 / )
,
` :
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:

()


( ) :
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:
-
1 - ,
: - - , :
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:

110

- :

:
:
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:

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: ,
:

:

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,
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: :
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:


` : , , , :
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:

, ,
,

111


:
`
- :
` ,
, -
:
,

,

: , , : ,
,
,
:

4 `
,
,
,
:
- , : ,
- ,
, : ,
2008 - ,
2008- , ` ` :
75%, , , ` 30%,
` 25%, ` 45%, ,
: 2008. ,
65%- 60%-, ` 75%-
70-, , ,
: , 112

() ` 4
4.5-, 3.7
, , 2.3 , ` , `
, ` ,
,

: ,
4 ,
:
, ,
:
, -
, 4.3
,
` 4.3 ,
2.3 ,
, ,
, 2.3 :
, ,
,
, ` ,
, :
, ,
, 2 ,
:
2.7 ,
2.3 : ,

,
, , , , ` , , ` ,
, , , , , `

113

, :
, , : 2.7 ,
: ` 3.3 ` 3.0 , `
, ` 2.3
:

, , 2009.
,
,
, :
, , :
,
:
-
, 2009. - , -
, - -12.9%, `
,
:
, , , :


, : , ,
, ,
, - 2005. : ,
2000 - 351 : , 2009.
- ,
100-, 106.1 % - ,
2009. 5% ,
, :
114

,
2000 - , 245% : , , 2009. -
- 16%-, - :

2.3.

,
: 50 :
:
,
: (G 20) ,
(2008. ), (2009. ),
(2009. ),
:
, ,
, :

, ,
, :
,
,
,
,
, :
,
, , , ,
: , ,

: 2008-2009.
:

50

www.fbk.ru

115

WIN (Worldwide Indipendent


Network) (Crisis Index)51:
2009. WIN- 14555
17 , ` ` ,
, , , , , , BRIC52
(, , ):
.
1. 3 .
) ,
) ,
) :
2. 12 .
) ,
) ,
) :
3. .
) , ,
) , :
4. (1- 10- , 1- 10-
).
5. (1- 10-
):
6. (1-
10- ):
,
:
2.3.1
53

, ,
, 51

http://www.winmr.com, http://www.legermarketing.com/documents/SPCLM/091142ENG.pdf
BRIC- Brazil, Russia, India, China.
53
http://www.legermarketing.com/documents/SPCLM/091142ENG.pdf
52

116

, :
( ) (Happy Planet
Index), :
New Economic Foundation (
) :
2.3.2
54
()

54

8.5

78.5

66.7

2.3

76.1

7.6

71.5

54.2

1.5

71.8

6.7
7.4
6.5
7.3
6.7
6.7
7.6
7.0
7.1
6.7
7.7
5.5
7.1
5.7
6.1
7.8
6.2
6.7
5.6
5.4
7.7
5.6
6.4
6.0
6.6
5.9
5.9
6.7
5.3
5.7
6.6
5.1
5.5
6.9
5.3
5.9
5.9
5.6
6.3

72.2
69.7
73.7
72.3
77.7
71.3
71.7
69.4
71.9
70.7
72.2
71.0
74.8
69.7
64.7
75.1
63.2
72.5
70.4
71.6
75.6
64.6
74.7
71.9
75.9
70.7
73.5
69.2
63.1
68.4
73.7
66.3
63.7
73.2
62.6
73.6
60.8
71.7
69.6

48.5
51.8
47.8
53.0
52.4
47.6
54.3
48.7
51.0
47.2
55.6
38.9
53.4
39.5
39.7
58.5
39.4
48.6
39.7
38.6
58.3
36.2
48.0
43.1
50.2
41.7
43.3
46.3
33.1
38.7
48.6
33.8
35.1
50.4
33.3
43.4
35.6
40.1
43.5

1.1
1.5
1.3
1.8
1.8
1.6
2.4
1.8
2.0
1.7
2.6
0.9
2.5
0.9
1.0
3.2
1.1
2.1
1.1
1.0
3.4
0.8
2.2
1.7
2.6
1.6
1.8
2.1
0.6
1.2
2.4
0.7
0.9
2.8
0.8
2.1
1.1
1.7
2.1

70.1
68.4
66.5
66.1
65.7
61.5
61.0
61.0
60.5
60.3
59.7
59.0
59.0
58.9
58.5
57.4
57.3
57.1
56.8
56.5
55.6
55.6
55.5
54.6
54.5
54.4
54.3
54.2
54.1
54.1
54.0
53.5
53.0
52.5
51.9
51.3
51.2
51.2
50.9

3
4
3
4
4
3
3
4
4
3
3
1
3
3
3
4
3
2
3
1
4
3
2
3
3
3
3
2
1
3
2
1
3
2
1
3
3
3
2

3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41

www.happyplanetindex.org

117

5.2
7.7
7.1
6.0
6.3
6.5
5.0
7.1
5.2
7.2
7.7
7.9
5.5
6.9
5.0
7.8
6.0
8.0
6.4
5.0
7.2
6.5
7.6
5.9
7.0
7.1
6.3
6.9
5.9
7.1
4.3
6.1

59.5
79.2
79.1
66.8
78.3
64.7
71.7
79.4
61.5
79.1
81.3
80.5
76.2
71.3
72.9
79.4
73.6
78.9
75.3
65.6
79.0
65.2
78.8
74.5
77.4
80.3
77.9
80.3
71.9
80.2
70.7
74.2

30.8
61.1
56.0
40.3
49.2
42.1
36.1
56.5
32.0
56.8
62.6
63.2
41.7
49.0
36.1
61.9
44.2
63.3
48.3
32.7
56.6
42.6
60.0
44.0
54.2
56.8
49.1
55.7
42.6
56.6
30.1
45.1

0.5
4.4
3.8
1.8
3.0
2.1
1.4
4.2
0.9
4.2
5.0
5.1
2.2
3.2
1.5
5.0
2.6
5.2
3.2
1.1
4.5
2.6
5.1
2.9
4.5
4.8
3.7
4.8
2.9
4.9
1.1
3.3

50.8
50.6
50.4
50.1
49.7
49.3
48.3
48.2
48.1
48.1
48.1
48.0
47.9
47.8
47.7
47.7
47.6
47.2
47.2
47.1
46.2
45.6
45.4
45.0
44.5
44.5
44.4
44.0
43.9
43.9
43.6
43.5

0
1
4
3
3
2
1
4
1
1
1
1
1
2
1
1
2
1
3
1
1
2
1
2
1
1
3
1
2
1
1
2

42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73

7.4

79.0

58.6

5.3

43.3

74

6.8
7.6
6.5
8.1
5.4
4.9
5.6
5.5
5.5
7.2
5.3
5.8
5.7
8.1
8.0
5.7
6.1
6.9
5.0
7.8

82.3
80.5
75.2
78.4
57.7
58.0
70.2
72.7
71.4
81.9
67.1
72.5
53.9
79.8
80.3
72.9
65.9
75.9
63.2
81.5

55.6
61.2
48.7
63.8
30.9
28.4
39.5
39.8
39.4
58.6
35.4
41.8
30.5
64.6
64.0
41.8
40.4
52.0
31.3
63.9

4.9
5.7
4.0
6.3
1.3
0.9
2.7
2.7
2.7
5.7
2.2
3.2
1.5
6.9
7.1
3.5
3.4
5.4
1.9
7.4

43.3
43.2
42.8
42.6
42.6
42.3
42.1
42.0
41.7
41.6
41.2
40.9
40.4
40.4
39.4
38.9
38.5
38.3
38.2
38.1

1
1
3
1
0
0
2
1
2
1
1
2
1
1
1
2
2
1
1
1

75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94

118

5.3
4.5
6.8
5.9
6.8
4.7
5.4
7.9
7.8
5.8
8.1
5.7
4.4
5.9
5.4
4.7
5.5
3.6
3.7

67.7
62.3
78.9
77.7
75.9
59.1
72.0
80.9
79.8
68.7
77.9
65.9
46.3
65.0
50.4
71.5
73.8
54.0
58.4

35.9
27.9
54.0
45.5
51.2
28.0
39.1
63.7
62.3
40.1
62.9
37.3
20.6
38.1
27.0
33.7
40.5
19.7
21.8

2.7
1.4
5.9
4.4
5.5
1.5
3.5
7.8
7.7
3.9
8.0
3.5
0.5
3.7
1.7
3.1
4.6
0.5
1.1

38.1
38.0
37.6
37.5
37.2
37.1
36.7
36.6
36.2
35.7
35.5
35.0
34.5
34.5
34.3
33.6
32.7
32.4
31.5

1
1
1
1
1
0
1
1
1
2
1
2
0
2
0
1
0
0
0

95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
111
112
113

7.9

77.9

61.2

9.4

30.7

114

4.8
4.0
4.5

46.5
54.8
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22.2
21.8
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1.3
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1.4

30.3
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30.2

0
0
0

115
116
117

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29.7

118

4.2
3.9
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45.8
57.4
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29.6
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119
120
121
122

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123

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3.9
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3.8
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5.6
3.8
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3.6

51.8
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49.8
40.5
77.3
55.8
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20.6
19.1
19.6
17.5
51.6
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16.7
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0.8

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27.8
27.2
27.2
27.0
26.9
26.8
26.4
25.8
24.6
24.6
23.3
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0
0
0
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124
125
126
127
128
129
130
131
132
133
134
135
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137

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58

World Economic Outlook April 2009, Crisis and Recovery, World Economic and Financial Surveys, International Monetary
Fund, 251 p.
59
World Economic Outlook October 2009, Sustaining the Recovery, World Economic and Financial Surveys, International
Monetary Fund, 208 p.

132

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60

World Economic Outlook October 2009, Sustaining the Recovery, World Economic and Financial Surveys, International
Monetary Fund, p. 169. World Economic Outlook April 2009, Crisis and Recovery, World Economic and Financial Surveys,
International Monetary Fund, p. 189.

133


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61
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61

World Economic Outlook October 2009, Sustaining the Recovery, World Economic and Financial Surveys, International
Monetary Fund, p. 169. World Economic Outlook April 2009, Crisis and Recovery, World Economic and Financial Surveys,
International Monetary Fund, p. 189.
2009 2009 -
:

134

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World Economic Outlook October 2009, Sustaining the Recovery, World Economic and Financial Surveys, International
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63
:

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64

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World Economic Outlook October 2009, Sustaining the Recovery, World Economic and Financial Surveys, International
Monetary Fund, pp. 171-172.
65
:

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66

World Economic Outlook October 2009, Sustaining the Recovery, World Economic and Financial Surveys, International
Monetary Fund, pp. 173-176.

139

3.1.8

67

(%-)
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3
2
1
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67

World Economic Outlook October 2009, Sustaining the Recovery, World Economic and Financial Surveys, International
Monetary Fund, p. 177.

140

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68
(%-)
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24
22
20
18
16
14
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2001

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68

World Economic Outlook October 2009, Sustaining the Recovery, World Economic and Financial Surveys, International
Monetary Fund, p. 177.

141


: ,

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142

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:
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100
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80
70
60
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2003

2004

2005

2006

2007

2008

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2010

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69

World Economic Outlook October 2009, Sustaining the Recovery, World Economic and Financial Surveys, International
Monetary Fund, p. 183.

143


:
, , - , 5
, :
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, 2009. 218.6%, 22%- 2008.
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, ,

:

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, 2009. , 15,2 ,
2010. 16,5 :
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144

, 0.6 600 :
3.1.11
70
( )
20000
18000
16000
14000
12000
10000
8000
6000
4000
2000
0
2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

, 2009. -13.6%,
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:
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0
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2001-10

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

()
()
()
()

70

World Economic Outlook October 2009, Sustaining the Recovery, World Economic and Financial Surveys, International
Monetary Fund, pp. 184-185.
71
:

145

2008. 0.5%-
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2010
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, , : - -

146

,
:

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` 157.1 :
3.1.13
72

( )
300
200
100
0
-100
-200
-300
-400
-500
-600
-700
-800
-900
2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2014

2008.
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, 2001 , :
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,
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, ,

,
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147

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3.1.14
73
( )
700
600
500
400
300
200
100
0
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2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2014


,
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72

World Economic Outlook October 2009, Sustaining the Recovery, World Economic and Financial Surveys, International
Monetary Fund, p. 186.
73
:

148

:
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: 2008. -264.4, ` 162.0
, 124.9 ( 4-
4.25, 4.26, 4.27, 4.28):
,
,
:
2008 2009 ,
:
3.1.15

( )
3500
3000
2500
2000
1500
1000
500
0
2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2008. 4.9 , 2009. ,


5.3-, 2010.` 5.9-: - 2008. 2009.
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,
( 4- 4.29 4.30):

149

3.1.16
74
( )
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500
400
300
200
100
0
2001

2002

2003

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2010

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:
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5
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, 2008. ` 0.4%, 2009. 2.9%, 2010.` 2.5%, `
2 ,
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74

World Economic Outlook October 2009, Sustaining the Recovery, World Economic and Financial Surveys, International
Monetary Fund, pp. 194-195.

150

,
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( 4- 4.31 4.32):
,
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3.2.
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(, , , )
, , , : `
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, :

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75

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151

3.2.1

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2000
( )
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,

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2001

2002

2003

1031.3 1175.5 1357.0 1624.6


1911.6 2118.5 2376.3 2807.1
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5.9
9.6
13.2
13.9
593
659
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874
365.8 424.2 505.9
-

2004

2005

2006

2007

2008

1907.9
3576.6
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10.5
1113
593.6

2242.9
4900.4
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13.9
1523
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2656.2
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1982
824.6

3149.3 3646.1 2466.2


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9206.3 11916.6 6960.1
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8.5
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13.7
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2853 3689
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-

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109,8

113,3

114,1

110.4

113.7

113.1

113.6

106.5

108.9 104.8
97.1 93.6
11.8 11.3
18.6 19.8
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99.1
89.1
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93.5
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92.6
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86.0
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82.4
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4.7

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0.6

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573.4

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342.1

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2433.5
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3.9

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^ 2002 - 2001 - 1195.2
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:
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, , :

152

3.2.1
- 2000-2008.
12000
10000
8000
6000
4000
2000
0
2000

2001

2002

2003

2004

(. )

2005

2006

2007

2008

(. )

,
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, 2008. - 3.6 306
1 12 , 2009.
356 1 , - 6 :
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110.6 110.3
129.5 124.8

99.8 95.2

140.9 136.0

120.4 121.2

101.8 102.2


109.2 109.5
()

109.7 106.5

101.6 106.3

106.9 107.8

6.3 6.2

114.0 112.8

3-

2-

1-

2008.

3-

(%- )

110.4 109.2 107.2 106.8 99.3 96.3 93.9 90.3 84.3 83.7 81.5 81.6 81.7 82.5
131.3 131.5 127.6 124.0 75.5 73.8 72.3 70.0 66.3 68.5 67.3 70.1 69.3 69.0
100.4 100.9 95.5 92.8 56.1 55.2 52.7 52.2 52.2 54.1 55.5 58.9 58.5 59.3
143.0 142.8 139.5 135.0 79.8 78.8 77.8 75.0 70.1 72.5 70.5 73.0 72.1 71.5
120.2 119.8 118.8 117.4 114.4 113.8 116.4 113.2 113.4 112.7 112.1 112.3 112.0 111.5
103.4 104.0 102.9 102 93.5 90.3 90.5 88.9 89.5 88.5 88.0 88.1 88.6 88.6
109.7 109.6 109.3 109 104.0 102.5 102.0 102.3 102.5 102.7 102.7 102.8 102.9 103.0
111.4 109.2 92.8 102 93.5 88.9 89.0 84.3 91.3 83.4 85.1 99.5 88.8 89.4
107.5 107.9 106.2 104.4 105.9 105.0 103.9 102.5 100.2 100.0 100.1 100.3 100.8 100.1
104.2 101.8 100.1 101.3 100.4 100.1 94.9 95.9 97.1 97.5 97.9 98.5 98.7 99.2
6.2

6.3

6.3

6.3

6.5

6.6

6.6

6.6

6.7

6.7

6.8

6.8

6.8

6.8

112.1 106.9 101.6 101.7 113.4 98.5 78.1 57.6 43.9 46.5 44.5 47.4 56.2 58.4

153

, , - 9
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: ` , , :
3.2.2
-
(2008. 2009. )

110
105
100
95
y = -13.594Ln(x) + 121.66

90
85
80

2008 2008 3- 2008 2008 2008 2009 2009 1- 2009 2009 2- 2009 2009 3- 2009

Log. ()

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, :
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154

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3.2.3
- 2000-2009.
12
8
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0
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-8
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2000

2001

2002

2003

2004

2005

2006

2007

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, :
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3.2.4
-
2000-2009.
120
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2001

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2004

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2006

2007

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:
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, , : , ,
,

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2009. , `
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156

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,


:
3.2.5
2000-2008.76
2008

13.3

22.6

2007

13.4

21.7

32.7

32.2

2006

13.5

22.2

32.3

32.0

2005

14.2

21.3

31.5

33.0

2004

14.4

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32.6

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31.5

33.6

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32.2

2000

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IV

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: , -
:
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-

76

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157

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,
,
,
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2004 2005 2006 2007 2008


,
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2006

2007 200878

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100

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,
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, ,

2008.
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, `

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159

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120
110
100
90
80
70
60
50
40
2008 2008 3- 2008 2008 2008 2009 2009 1- 2009 2009 2- 2009 2009 3- 2009

, , `
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,

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3.2.4

79

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2005

2006

2007

2008

3095.6 3466.3 4056.6 4720.1 5414.1


864.3 969.6 1042.6 1233.0 1450.7
171.1 202.0 233.0 324.2
11.2
9.1
7.6
8.7
4119.8 4628.8 5324.6 6268.6
1347.6 1416.3 1625.8 1886.3 2173.2
1767.7 1930.0 2187.1 2576.3 3000.8
474.6 683.3 953.7 1189.9 1488.1
567.3 646.1 620.5 604.2 537.0
-37.4 -47.0
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, 20042008. ,
: ` 2008. 1450.7 ,
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: , 2008.
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2009. :
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( )
160
140
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2008

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.

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2008

2009

2009

79

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.

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2009

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.

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2009

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2006

2007

2008

3095.6 3466.3 4056.6 4720.1 5414.1


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1907.9 2242.9 2656.2 3149.3 3646.1
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,
: 2004-2007. ` 753.9
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: 2004. 964 , 2007. 1585 , ` 600 : ,
,
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2004. 252 , 2007.` 361 :
, ,
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. 2004. 712 , 2007. 1224
:

80

2009, 212:

162

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81

( , )
2004
2005
2006
2007

(, )





(-)




1907.9
1907.9

2242.9
2242.9

2656.2
2656.2

3149.3
3149.3

753.9
200.4
171.1
29.3
11.2
11.2
964.8
252.0
712.8
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884.3
239.8
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37.8
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9.1
1127.9
284.1
843.8
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1035.7
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233.0
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7.6
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310.7
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1202.5
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324.2
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, : ,
:
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82
/

( , )
2004
2005
2006
2007
964.8 1127.9 1350.8 1585.7
753.9 884.3 1035.7 1202.5
200.4 239.8 277.3 369.8
11.2
9.1
7.6
8.7
8.5
7.0
10.7
14.2
1916.4 2249.9 2666.9 3163.5
84.2
80.2
105.0 116.8
1832.2 2169.7 2561.9 3046.7
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, -
. 2004-2007
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84.2- 116.8 : ,

,

81
82

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2009, 213-214:

163

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,
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83
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2005 2006
2007
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2169.7
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2561.9
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3046.7
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31.4
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29.7
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, 320.4 :
, , 2004-2007. 285.2
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83

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164

3.2.9

84

( , )
2004
2005
2006
2007

2052.9 2357.3 2801.1 3387.5


2052.9 2357.3 2801.1 3387.5
1767.7 1930.0 2187.1 2576.3
1570.4 1690.3 1916.5 2252.4
194.1 236.7 268.0 320.4
3.2

3.0

2.6

3.5

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2052.9 2357.3 2801.1 3387.5

- ,
,
, 2007. 48.8 :
: ,
, , 2007.
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85

( , )
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2005
2006
2007



(-)



(+), (-)

285.2
47.6
332.8

427.3
24.6
451.9

614.0
38.2
652.2

811.3
48.8
860.1

455.3
19.3
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332.8

668.3
15.0
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943.8
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1163.2
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,
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, 2007. 1163 :
, :
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:

84
85

, 215:
2009, 216:

165

3.2.11

/



86

( , . )
2004
2005
2006
2007
2008
1767687 1929976 2187129 2576245 2770803
1570351 1690282 1916469 2252347 2397237
194095 236646 268017 320383 369746
75307

92860

118788

143786 166973 186054 242247

3241

3048

101044 134329 127499

2643

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683323 953735 1189880 1260027

455305

668268 943780 1163203 1229458

19360

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9955

26677

30568

-297020 -323434 -422101 -628760 -797526


-37387 -46984 -62573 11918 129529
1907945 2242881 2656190 3149283 3362833


2004. - 92.6%- 2008. 82.2%:
2009. 119.1%-, ` 106.3%-,
` ( 5- 5.1 5.2):
, 2008.
40.9%, 2009. ` 17.0% 24.0%:
3.2.12
87
/



86
87

( , , %)
2004
2005
2006
2007
2008
100
100
100
100
100.0
92.6
86.0
82.4
81.8
82.2
82.3
75.4
72.2
71.5
70.6
10.1
10.5
10.1
10.2
11.5
3.9
6.2

4.1
6.4

3.8
6.3

4.3
5.9

0.2

0.1

0.1

0.1

24.9
23.9

30.5
29.8

35.9
35.5

37.8
36.9

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0.4

0.9

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0.4

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7.3
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40.9
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0.9
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2.0

, 226: - 2009. -, 10:


2009, 227: -
2009. -, 9:

166


, 2004. - 15.6%-, 2008.` 25.1%-,
2009. -33.0% -27.8%- : ,

( 5- 5.1):
,
:
3.2.13
88
( , , %)
/
2004 2005 2006 2007 2008

110.5 113.9 113.2 113.7 106.8

109.1 109.9 109.0 112.3 107.6


108.9 108.8 108.3 113.2 106.4

111.0 119.0 114.0 105.2 115.4
`

107.4 120.1 104.8 111.1 94.9

113.2 118.4 120.0 101.6 130.2

96.8
93.5
82.5 126.2 108.6


117.5 126.9 132.2 119.7 105.9


119.0 129.1 133.7 118.2 105.7

88.9
74.7
63.2 265.1 114.6

98.3 115.9 92.7
96.5
86.9

97.1 114.3 103.8 113.0 107.3


, , 2005 ,
: , ,
, 2008. 2009. , ,
:

88

2009, 229-230: -
2009. -, 10:

167

3.3.
2000-2009.
- ,
, :
,
, ,
: , , `
,
:
, () , 2009. , 89: ,
, ,
` :
, -
, ,
, :
2009. - ,
- ,
92.2%, ` 96.8%, ` 88.2%, ` 81.4%, ` 81.7%, - ` 108%, ` 102.9%,
` 102.7% ` 106.1%: ,
2009 - :
2009. - -9%- :

89

2009, ?,
(EBRD), www.ebrd.com, 112 .

168

3.3.1
90

( )
2001

109,9
109,6
104,7
104,8
113,5
105,3
106,1
105,1
109,6
104,5
109,2
106

110
110
105
105
114
105
106
105
110
105
109
106

2003

2004

2005

2006

2007


111,2
110,2
126,4
134,5
125,0
114,0
110,5
113,9
113,2
113,7
107,0
111,4
109,4
110,0
108,6
111,1
105,9
109,6
109,4
112,3
109,3
109,6
109,7
110,7
108,9
107,0
107,0
99,8
103,1
108,5
106,6
107,4
107,5
104,8
103,0
107,3
107,2
106,4
107,7
108,1
111,0
110,3
106,7
107,0
107,8
104,4
107,7
107,0
107,3
109,5
109,6
112,1
102,7
107,3
107,9
108
108
107
108
109
2000 = 100
135
149
188
253
317
141
156
178
202
229
118
131
143
158
171
123
130
143
156
175
136
149
164
181
197
113
121
120
124
135
122
131
141
148
152
118
127
135
145
157
135
149
159
170
183
114
122
131
141
154
126
141
145
156
168
120
129
138
150
162

2008
110,8
106,8
110,0
102,1
103,3
107,6
107,2
105,6
107,9
109,0
102,1
105
351
245
188
179
204
145
163
166
197
168
171
171

3.3.1
- 91
( )
140
130
120
110
100
90
2001

90
91

2003

2004

2005

http://cisstat.com/
http://cisstat.com/

169

2006

2007

2008

3.3.2
92

-
( )
112
110
108
106
104
102
2001

2003

2004

2005

2006

2007

2008

3.3.3
- 93

(2000=100)
350
300
250
200
150
100
2001

2003

2004

2005

2006

2007

94

2008

3.3.4

(2000=100)
200
180
160
140
120
100
2001

2003

2004

2005

92

http://cisstat.com/
http://cisstat.com/
94
http://cisstat.com/
93

170

2006

2007

2008

,
, ,
,
, ` , ,
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`
14% ,
, ,
22%-
95:
3.3.2
96

()

82,9 99,3 108,5 25,63 83,52


56,2 104,8 100,81 58,49 72,11
114,5 94,1 102,6 56,71 65,22
102,2 88,7 89,21 52,33 73,19
127,0 106,7 103,0 80,86 73,83
57,5 40,8 95,31,4 74,87 62,17
1
81,1 77,1 94,7 55,75 56,86
80,5 114,8 110,1 62,00 75,91
128,3
...
117,5
...
...
56,3 70,2
83,8 51,30 46,49
82
81
94
52,99 57,76

102,9
98,7
102,4
101,7
105,1
89,8
99,2
109,5
103,3
103,3
101

105,0
88,6
95,5
99,0
88,5
75,7
86,5
90,0
109,1
71,6
86

106,1
81,7
99,7
96,82
102,9
92,23
2
88,2
102,7
108,0
84,16
91

(2009. - 2008. - )

69,4
100,8
116,1
70,6
110,7
96,3
92,6
92,5
...
105,1
93

102,1
102,9
113,9
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112

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96

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171

, 2009. -
129.6%, ` 116.9% ,
: 61.6%,
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`
71.6%, ` 109.1%, 90% :
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` , , 90% ,
` 109.5% :

: ` 127.0%, `
128.3% ` 114.5%, ` 40.8%,
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, ,
, ,
, ` : ,
:

,
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,
,
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: ,
, ` : ,
, ,

:

172

3.3.3

2009
2000

(. )
-
, ( ), %
-
(
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(.
)
,
(. )
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,
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, (. )
,
(. )
,
(. )
,
(. )
,
(. )
` ,
(. )

2001

2002

2003

2004

2005

2006

2007

2008

-278.4 -199.6 -147.9 -189.4

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-7.4

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-866.1

309.9 353.1 513.8

696.1

738.3

259.9

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35.5

6.1

13.9

45.5

1004.9 1025.4 1196.6 1112.0


36.1

2.0

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14.1

28.1

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20.6

45.6

35.0

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29.3

29.5

18.5

32.2

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17.6

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5.1

1.2

13.2

27.0

15.8

30.5

19.4

41.5

39.8

23.4

25.5

29.4

32.2

29.9

28.9

23.7

19.3

14.7

-50.5

-46.1

-46.6

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-45.5

-43.3

-39.7

-39.0

-39.8

104.2

69.9

110.7

120.5

245.6

232.7

450.1

701.0

925.2

168.1

102.5

71.9

54.7

60.2

61.0

66.1

80.0

94.5

75.2

26.3

85.6

102.1 118.7

158.3

368.9

457.6

614

850.3

1062.4

295.8

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-98.9

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52.9

64.5

88.2

94.5

107.4

132.8

215.2

278.8

471.2

137.7

77.0

72.5

105.4

133.7

259.5

295.8

446.3

576.6

760.2

228.6

3.3.4

2009
2000

2001

2002

2003

2004

2005

2006


-584.2 -533.6 -482.0 -593.9 -627.8 -827.8 -119.7
(. )

1185.2 1219.3 1492.3 1965.1 2073.6 2775.7 3183.6


(. )
,
884.7 877.4 987.2 1279.5 1350.7 1801.7 2119.6
(. )

9.1
-0.8
12.5 29.6
5.6
33.4 21.6
, %
/ , %
46.3 41.4 41.5 45.6 37.8 36.8 34.3

300.5 341.8 505.2 685.6 722.9 973.9 992.0
(. )

29.7 13.8 47.8 35.7
5.4
34.7
1.9
, %
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` , - ,

173

2007

2008

-2105.2 -3342.5

-1770.8

4430.3 5480.8

2732.4

3267.8 4411.6

2251.6

49.1

35.0

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35.5

37.0

1162.5 1069.1

480.8

17.2

-7.2

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12.6

9.0

,

: ` 25%, ` 51%,
` 80.6% ` 75% : ` 46% ` 56%,
` 83.5%
` 76%:
` , `
:
:
2000-2003. , 2005. 2008.
-1381.8 . ,
2004. -19.6 . , 2009.
-507.7 . :
, ,
2008. ` -2663.5 . : 2008.
-3775.5 . , ` 1112.0 . ,
, : , 6
- , 2003
- 32.2%- 2008. 14.7%-:
2003
- -50.1%- 2008. -38.9%-, 2008. 0.8 2007. , , 2008. - ,
, -
:
3.3.5

(. )
100
-300
-700
-1100
-1500
-1900
-2300

174

01.09.2009

(, )
(, )

2008

2007

2006

2005

2004

2003

2002

2001

2000

-2700

8
` 70 . 925.2 .
,
: ,
2009. -
168.1 . :
,

,
,
` :
3.3.6

(. )
1200
1000
800
600
400
200

01.09.2009

, (, )

2008

2007

2006

2005

2004

2003

2002

2001

2000

, (, )

, ,

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,
,
:
2001
102.1 . 2008. 1062.4 . ,
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2009. 9 300 . ,
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,
` , 2008. , 2009.:
175

3.4
2000-2009.


: , ,
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:
2009
2
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:
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,
:
,
:
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176

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0.5 ,
2005 2006 . 1.28 1.4 , 2007. :
2007. 87 , ` -101.8,
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, - :

, , : ,
, ,
,
2004. 2009.
:
, 2009. 8.5 , `
10.6 ,
: -, 2008.
1.6 521.4
( 6- 6.1 6.2):

, : 2008. 2007. - 6
, 2007. 65,1
33.5 -, ` 2008. 2007.
50%:
:

177

3.4.1
2008.

97

( )
33513

35000
30000
25000

7262
3209

1033

1490

1868

4984

1110

5000

10000

11737

12771

15000

20000

8558

() 2007.
14,7 - 2008. 7.2 , 10.0 ` 4.9-, ` 22.1 12.7-: -
2007. 19.9 2008. 11.7:
, 4.6
2008. 3.2 :
12.5 , ` 2007. 20.9
8.5 : , :
(-) , 2007. 2008. 6.7 :
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:
, - 23 ,
, : 2008. 31.6
, ` 51.8:

97

Global Financial Stability Report October 2009, Navigating the Financial Challenges Ahead, World Economic and Financial
Surveys, International Monetary Fund, p. 191.

178

3.4.2
98

2008.

( )
948

950
850
750
650
522

550
450
350
206
140

157

167

90

76

66

74

150

250

270

50

, -`
30.6 :
3.4.3
- 2008.99
( )
60917

62000
52000
42000
32000

4910

20605

3673

17037

2867

14441

2680

13538

2313

2000

12000

15941

22000

, - 35%-, `
97.3 :

98

Global Financial Stability Report October 2009, Navigating the Financial Challenges Ahead, World Economic and Financial
Surveys, International Monetary Fund, p. 191.
99
:

179

, 46 ,
- 14 , 2008. 14.4
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2 -:
, ,
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2008. 2.8 , ` 12.3, ` 55 -,
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, ,
, , 2 , - , 20 ,
:
,
,
: 2007. 241.0
, 2008.` 214.4 , ` 27
: , ,
: 2008. 83.2
, 56.3 ` -:
3.4.4
- 2008 100
( )
1602

1650

1499

1450
1250
1050

877

850
414

479

506

55

50

357

271

250

340

267

450

650

- , ,
- 352%, -` 580.7%-, - 1728.3% ( 6- 6.3 6.4):

100

Global Financial Stability Report October 2009, Navigating the Financial Challenges Ahead, World Economic and Financial
Surveys, International Monetary Fund, p. 191.

180


( ) :
, ,
: ,
, ` ,
, `
:
, , ,
, :
, : 2008.
683
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591 , ` 92 , ,
( 6- 6.5 6.6):
,
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,
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:
, : , - 2007.
(ROA) 0.9- 0.1%,
(ROE)` 9.1-` 1.4%, ,
- : ,
2009. , -
(FDIC) , 100-: (ROE)` 2007.
6.1- 2008. -6.9,
:
2008. -8.4%: , ,
,
, -

181


:
,

:
2007
, 2007.` 1.588, 2008. 920.2,
` 660 , , , 2008. 4- , 2009.
805.2 : 2009.
, 964.1 : , , 12 1.392,
688.6, 1.682-,
423.1-, ` 12 50 ,
75
4 : ,

2009. ,
2009.
: : ,
, ` , , :
: 50%-, 2007.
657.9 2008. 314.2-:
2007. 1.154- 437-, ` 2.5-3 :
2007. 3
` 351.1- 130.6: 2007.
458.8- 375.2 2008.: 2008. 111.4 , 2007. 231.5- :
2008. 180.7` 2007. 328.- ,
2007. 424.0, 2008. 194.1 :
, 2008. , , ,
:

, 2008.
182

` -69.0%, ` -67.5%, ` -67.1% ` -65.2%


:
` -30.5%, -31.6% -` -38.6%,
40-60% ( 6-
6.7 6.8):
2008. 4- :
2008. ,
- 0.7%-, 5
, 2005.` 1.9%: ,

, , , , :
2008. - ,
, ,
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3.4.1
, ,
2003-2008.101

( )
/ (%)
( )
/ (%)
- (%)
( )
( )
(. )

2003

2004

2005

2006

2007

2008

292.0
18.0
312.7
19.3
1.3
431.3
621.2
1097.6

302.2
15.8
333.9
17.5
1.7
464.0
574.7
1182.9

374.7
16.7
417.5
18.6
1.9
513.4
494.8
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441.4
16.6
481.1
18.1
1.5
706.9
438.2
1205.6

588.0
18.7
634.7
20.2
1.5
754.2
440.7
1448.9

785.3
21.5
810.6
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483.7
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22.2%: ,

, 9 25% 2008.
, -
, , , :
,
- ,
` 32.8% 31.2% :

101

, , , , 2008., 11-12:

183

3.4.2

102

(%- - )

2004 2005 2006 2007 2008


15.8 16.7 16.6 18.7 21.6
17.7 16.4 20.6 21.2 27.4
22.0 23.4 26.7 29.3 30.2
21.9 27.6 22.9 22.5 25.4
23.1 24.7 26.4 30.2 31.2
17.9 20.1 23.6 21.6 21.4
19.3 20.4 21.0 17.2 20.0
32.9 33.8 33.1 32.3 32.8

`
35.9% , ` 15.7% , 2- 22.2% :
3.4.3
103
(%- - )
2004 2005 2006 2007 2008

17.5
17.6
18.9
22.1
27.5
20.3
18.9
32.3

18.6
17.1
24.9
27.0
28.1
23.0
19.6
32.5

18.1
20.2
29.7
22.1
28.9
21.9
15.5
30.9

20.2
21.4
34.0
24.1
31.0
27.8
13.3
30.2

22.2
29.1
35.9
27.5
33.1
28.5
15.7
30.8

, , : , ` 4.3% `
2.0%,
:
3.4.4
( / ) 104
(%- - )

2004 2005 2006 2007 2008


-1.7 -1.9 -1.5 -1.5 -0.6
0.1
-0.7
0.4
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3.2
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0.6
0.8
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1.7
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0.4
0.8
5.5
3.9
4.3
0.6
1.3
2.2
2.1
2.0

102

Asian Development Bank, Asian Development Outlook 2009, Rebalancing Asias growth, Mandaluyong City, Philippines:
Asian Development Bank, 2009, p. 317.
103
:
104
:

184

-7.2% ,
-5.7% : , ,
: 2009. 2010. ,
,
` :
,

,
, 3%- :

: 2008. 1.5 ,
2009. 2.7 , `
1.2 , 2008.
1 , 2009. 400
: , 2008.
2.2 :
2009. , : ,

, ,
- ,
, , ,
, , 300 ,
-` 240 , ` - 125%-:

:
,
, 20062007. 140 , 2008. 2007.
` 22 : 2008. 325 315
, 9%:
707
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2006. , 2007.` , 2008.
: 2009. ,
25%- :

185

3.4.5
2000-2008.105
(. )
1. (
)
(
)

`

-


`
-


2. (
,
)


`



`






3.
()


M1

M2

M2X

2000

2001

2002

2003

2004

2005

2006

2007

2008

70479

81645 123657 153820 149266 214731 321863 445999 383468

1911

-1276

-12384 -35216 -17216 -14153 -38866 -18830 66263

8292
8268
-9711 -31507 -36830 -17294 -57716 -89770
3332
3855 10392 8600 10857 4227
7876 24596
-21483 -38988 -48958
-9713 -13399 -13065 -12309 8757 20396 49962 95251
72390 80369 111273 118586 132050 200578 282997 427118

-96457
80625
-1437
83532
449731

61873
10350

66692
13489

92088
18829

22278

23629

38421

65914

167

188

356

700

716

767

1206

979

795

56226
94373

96838 105534 155275 226841 350247 344503


21047 25800 22258 31322 37445 38519

73233 140428 194389 205095 233314 332551 348193 201426


97814 54236 39429 80848 132245 152185 343742 506362

9301
8373
963
104039 99763 94016
-18967 -10322 -40743
150599 171047 203138

-14605
103257
-49223
233818

-17232 4968 -31832 -54568


142469 188522 241461 465924
-44388 -61245 -56443 -67614
285943 365559 485737 691953

59486

65027

91997

98569 144311 211469 325849 315949

59486
11771
71257
5465
76722
73877
150599

65027
13388
78415
6618
85033
86014
171047

88556

-38157
692805
-148286
707788

26036 31275 33845 57750 83858 131304 99692


9508 10138 13304 22741 46998 104640 122317
79038 100408 140226 140757 143411 130143 169830
1.95
2.05
2.18
1.85
1.79
1.61
1.71

88556
25892
114448
9449
123897
78691
202588

91997
31258
123255
9975
133230
99967
233197

98569
33807
132376
13162
145538
139643
285172

144311
57730
202041
224485
224485
140129
364614

211469
83836
295305
341836
341836
142659
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325849
131260
457109
560316
560316
129184
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315949
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4,2
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, :

105

, , , ,
2004., 43-49- , , , ,
2008., 64-66- :

186

3.4.6
2003-2008. 106




`

2003

2004

2005

2006

2007

(. )
2008

3391

3289

1596

1881

319

480

422.8 851.4

605

2626.8

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4145.7

422.8 851.4
21
20

605
18

2149.8
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1539.2
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262.0
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225

212

210

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187

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2009. 2.8 :
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2008. , `
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5 , :
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10 :
4.1.1
- 2010-2013.
4000
y = 1143,2Ln(x) + 472,32
3500
3000
2500
2000
1500
1000
500
0
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
(. )

Log. ( (. ))

190

,
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: ,
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:
,
2009. , :
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4.1.2
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5000

y = 298.2x + 558.95

4500
4000
3500
3000
2500
2000
1500
1000
500
0

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
( )

2011 2012 2013

Linear ( ( ))


, ,

, `
:
,
, L- , :

191

4.1.3
-
2009-2012.
12500
11500
10500

y = 3858.1Ln(x) - 465.9

9500
8500
7500
6500
5500
4500

y = 1122.4Ln(x) + 491.95

3500
2500
1500
500
2000

2001

2002

2003

2004

2005

2006

2007

2008

2000

2010

2011

( )

( )

Log. ( ( ))

Log. ( ( ))

2012

, ,
,
: , , ,
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:

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,
` , :
, , ,
: ,
:
, - 2010-2013. : ,
, -
, 10
: 6-8%
192

-
y = -2,5315Ln(x) + 12,444
, ` 2009 ,
2008., y = 1,9589Ln(x) + 8,4025
, ` 4.5 : ,

: ,
, ` , ,
:
4.1.4
- 2010-2013.
15
12
9
6

y = -2.5315Ln(x) + 12.444

3
0
-3
-6
-9
-12
-15
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
- , %

Log. (- , %)

: , 2009. ,
-12.9%, -9.9%: ,
,
, `
, `
:
, - ,
: 1929-33.
, ` :
,
,
- 193

, ` ` :
2 , 2-
` 4%- , 2009. `
13.2% 12.2% :
4.1.1
109

2007


13
( )
1,13
- ()
1,13
- ()

(,%)
2
( )
,
10
()
1
()
(
2
)

1
()

2,12

(
2,12
)

2,12
( )
2,12

2,12


3
(%)
4
(%)

11
(%)

5


2
AMD/USD
10
AMD/USD
6,10

7
(FOB)
7
(CIF)
7

7,8

(
7,8
)
(
2,7,9
)

2008Q1 2008Q2 2008Q3 2008Q4

2008

2009Q1 2009Q2 2009Q3

3,149.3 486.6 823.1 1,295.1 1,041.3 3,646.1 465.5


113.7 109.2 110.2 110.6 106.8 106.8 93.9
104.2 105.6 107.6 110.4 108.4 108.4 101.9
7.1

6.4

6.3

6.3

6.3

6.3

6.6

653.9
83.7
102.1

1,000.9
81.7
99.8

6.7

6.8

3,230.1 3,230.7 3,231.9 3,235.0 3,238.4 3,238.4 3,238.9 3,240.7 3,245.9


77,4

84,0

86,3

87,8

91,3

91,3

95,9

98,1

98,3

104.4

107.9 109.0 109.7

109.0

109.0

102.0

102.7

102.9

106.6

104.8 106.8 104.2

105.2

105.2

100.7

105.2

102.7

100.6

104.4 105.2 106.0

102.2

102.2

92.6

96.9

100.8

50.9

-10.8

8.4

6.2

2.6

5.3

-12.9

4.1

13.2

35.1

-9.3

-1.1

-15.0

-24.2

-42.2

-55.8

222.0

-13.9

14

58.1

6.0

9.4

22.4

3.8

47.3

22.3

-51.5

56.1

14

78.0
42.3

12.9
-1.8

13.3
4.5

12.1
6.0

3.6
-6.1

48.7
2.3

3.6
-9.9

-4.5
3.9

6.2
12.2

5.7
16.5

6.0
17.2

6.3
17.4

7.3
17.2

8.5
16.5

8.5
16.5

9.0
19.2

6.1
18.6

5.0
18.3

7.5

8.5

7.5

8.0

9.6

9.6

10.5

13.8

10.3

-0.8

1.9

-0.8

-1.9

-1.5

-1.4

-5.6

-8.7

-7.2

304.2
342.1
128.6
1,152.3
3,276.6
-2,124.3
-589.3

307.3
308.1
136.2
234.0
846.8
-612.8
-303.8

302.7 302.1 306.7 306.7


307.1 302.3 306.4 306.0
133.1 133.3 146.9 137.4
286.0 311.8 236.6 1,068.4
1,059.7 1,218.7 1,285.0 4,410.3
-773.7 -907.0 -1,048.3 -3,341.9
-219.1 -346.2 -512.7 -1,381.8

367.8 360.1
325.6 370.5
149.9 130.3
123.4 158.0
658.5 720.0
-535.2 -562.1
-239.3 -268.4

384.3
372.6
122.8
199.4
873.0
-673.6

-683.7 -318.6 -232.5 -372.5 -533.5 -1,457.1 -260.1 -273.9


14

14

1,659.2 1,606.0 1,579.6 1,585.2 1,406.8 1,406.8 1,343.3 1962.4 2025.9

,
, ( ) `
- , `
1
:
2
:
3
1 ( )
:
4
1 ( )
:

109

http://cba.am/CBA_SITE/downloads/stat_data_arm/cucanish.xls

194

( ), %- - (- , + ), 2001. :
6
11 - 2003-2007. ,
, , (1997.=100):
7
. :
8
:
9
, SDR, -, (
):
10
:
11

,
:
12

13
2007. 2008. :
14
:

` , ,
, ,
,
-
, , ,

, : ,
2010. , ,
` ,
:
.
MV=PY
M- ,
V- ,
P- ,
Y- :
, - .
, , -
16-18% ,
, `
,
:
:
, , , : ,
,
,
, :


: , -
: ,
195

,
, - :
,

,
2009. : ,
-
,
`
3-4%- , :
4.1.5

20
18
16
14
12
10
8
6
4
2007

2008Q1

2008Q2

2008Q3

2008Q4

2008

2009Q1

2009Q2

2009Q3

(%)
(%)
(%)


,
: , 2009.
, ` 16.5% 2009. 19.2%-, 2009. 2- ` 18%-: ,
,
`
, - 0.25%, -
1%-: ,
, ,
,
: ,
196

, :
, 2009. ` 5%-:

,
, ,
,
, 2009.
-5.6%, ` -8.7%, 3- -7.2% ,
`
, ,
:
4.1.6


15
10
5
0
-5
-10
2007

2008Q1

2008Q2

2008Q3

2008Q4

2008

2009Q1

2009Q2

2009Q3

(%)

,

2010 , - 7.5%- ,
:
, :
,
, ` 3%-
`
:
6% , - 3%-
:

197

4.1.2
110

1






1





1






1






1,2

2008

(%)

2009

13.0 15.0 14.7 15.3 14.8 14.1 14.4 15.0 14.7 14.5 15.0 14.5
14.0 14.7 13.1 14.6 14.7 15.0 13.4 13.9 13.9 13.3 13.8 12.9
20.6 21.4 21.2 21.6 21.7 21.7 21.3 21.1 21.0 21.1 21.3 21.4
13.1 18.1 16.4 16.8 18.4 18.4 18.9 18.4 17.8 18.4 18.7 17.9

13.9 15.8 16.7 16.8 15.7 16.5 16.3 15.3 15.8 14.6 15.1 15.6
15.2 15.4 15.6 16.0 15.7 16.4 16.5 14.6 15.4 13.8 14.5 14.8
18.7 18.3 18.5 18.6 19.2 19.2 19.3 19.4 19.3 18.9 18.9 18.3
20.5 18.7 18.3 18.4 19.5 19.0 19.0 17.9 18.5 17.8 18.9 18.5

7.3
7.7

7.8
6.1

7.5
8.0

7.6
7.2

7.4
6.7

7.7
6.4

8.4
5.7

8.6
4.8

9.0 11.0 10.4 11.0 11.1 10.4 10.0 10.0 9.4


5.7 5.6 6.1 5.7 5.6 5.5 6.0 6.2 5.7

9.7
5.8

8.7
9.0

9.7
8.9

9.6 10.6 7.7 11.6 14.1 10.3 10.9 7.6


8.9 9.9 8.3 9.6 7.5 9.8 8.8 9.2

7.5
9.5

9.5
8.0

9.7 10.0 10.2 9.9


9.2 9.9 7.9 8.1

7.4
6.6

8.0
6.1

8.3
6.8

8.3
5.9

8.0
6.5

7.5
8.0

7.5
8.6

9.8 10.8 11.6 12.2 11.6 11.1 10.9


7.1 8.8 10.3 9.0 8.7 8.5 8.6

14.5 13.9 14.5 13.7 14.8 14.8 15.8 13.7 14.5 14.0 13.9 13.3
16.2 15.0 17.7 17.2 17.9 16.3 16.3 16.6 15.9 14.9 15.4 14.7
-

9.1

9.4

9.8 10.7 11.1 11.3 10.7 8.1

10.5 10.5

12.9

7.1

6.2

7.2

8.9

12.9 13.6 13.8 11.2 10.6 10.3 12.2 12.9

15.5

13.3

:
:
3
:
2

110

http://cba.am/CBA_SITE/downloads/stat_data_arm/Rates_ARM.xls

198

,

:
, ` 2010. ,
,
, , :
, :
,
,
` , , , , ` :
-, ,
,
:
,
, :

2008. 2009. :
,
,
,
:
2009 20-21 ,
` 14-16 :
, : - ,
:
,
5-6%- , ` :
,
, , 50%-
:
199

4.1.7
1
22
21
20
19
18
17
16
15
14
13
12
2008

2009 2009 2009 2009 2009 2009 2009 2009 2009

( )
( )

2009 2009

( )
( )

4.1.8
1
21
20
19
18
17
16
15
14
13
2008

2009 2009 2009 2009

2009 2009

2009 2009 2009

2009 2009

( )

( )

( )

( )


, ,
, :
, , 5-11%- : ,
,
, , :

:

200

4.1.9
1
12
11
10
9
8
7
6
5
4
2008

2009

2009

2009

2009

2009

( )
( )

2009

2009

2009

2009

2009

2009

( )
( )

, 2009. , ,
,

, ,

:
, ,
:

4.1.10
1
14
13
12
11
10
9
8
7
2008

2009

2009

2009

2009

2009

( )
( )

2009

2009

2009

2009

2009

2009

( )
( )

2009.
, ,
: ` 201

,
,
, ` ,
` 2009. :
, ,
, ` , ,
, :

4.1.11

18
17
16
15
14
13
2008 2009 2009 2009 2009 2009 2009 2009 2009 2009 2009 2009
( )
( )

,
:
4.1.3
111,1
( )
2


M1
M2
M2X

111

2008
2009
3
3
3

195493 165177 123637 110159 113201 127689 376439


512295 495831 505095 527741 529401 527230 286287
-38157 -50039 -23519 -12127

-2450

9088

387567 395843 358595 417541 399615


335132 344553 385098 345528 376027

-168764 -182863 -177802 -161853 -202086 -179707

692805 676838 669895 717452 706886 695177 685366

705211 707611 728163 741053 747059

307659 299006 296681 333904 332164 329595 327787

348307 352432 368901 383149 386320

371386 364930 359993 368414 359500 351360 341246

339662 335937 338952 337042 338926

4269

3503

3790

3884

3894

3611

6022

6601

8537

9442

9933

11193

9491

9399

9431

11249

11328

10611

10311

10642

10704

10868

10928

10620

-142353 -130968 -141281 -177585 -175035 -177034 -230315 -187216 -185256 -181212 -193439 -191325
315949 275237 229423 212197 217476 226684 236203

254583 262200 254213 265279 266309

415641 365196 310518 299297 294801 308856 323203


537958 474117 386848 357809 361450 369450 379413
707788 661008 628731 637899 642602 654920 662726

356501 358412 356876 369179 370840


419518 423265 421338 431699 433640
722700 740395 743693 763069 775643

http://cba.am/CBA_SITE/downloads/stat_data_arm/armaccounts_banking.xls

202

,
:
-
: -
:

4.1.4
112,1

2008
2009

627,936 612,062 604,866 646,215 636,492 625,285 616,783 638,148 645,997 667,967 682,391 688,294
388,215 376,926 358,252 342,145 328,534 316,709 307,884 306,836 305,881 315,642 323,714 333,626
239,722 235,137 246,615 304,071 307,958 308,576 308,899 331,313 340,116 352,325 358,677 354,668
278,734
120,229
115,372
4,856
158,505
157,117
1,389

270,296
114,525
110,823
3,702
155,771
154,969
802

268,091
104,069
101,448
2,621
164,021
162,654
1,367

301,577
97,711
95,460
2,250
203,866
201,628
2,238

299,982
93,542
91,091
2,451
206,440
204,057
2,383

297,619
90,983
88,256
2,727
206,636
203,832
2,804

296,032
87,753
85,867
1,886
208,279
205,886
2,392

317,765
92,453
90,109
2,344
225,312
222,475
2,836

326,115
92,943
90,927
2,016
233,172
230,076
3,096

343,675
101,313
98,675
2,639
242,361
239,869
2,493

359,627
109,573
106,494
3,079
250,054
247,221
2,834

362,744
115,523
112,225
3,298
247,222
243,800
3,421

332,837 326,302 320,880 327,036 318,756 311,040 302,216 300,973 298,453 301,676 299,630 301,490
261,200 256,246 247,148 237,741 228,216 219,406 211,638 205,320 202,052 202,604 202,315 204,650
71,636 70,056 73,732 89,295 90,540 91,634 90,578 95,653 96,400 99,072 97,315 96,841
9,289

9,208

9,233

11,001

11,082

10,301

9,988

10,290

10,398

10,580

10,651

10,378

440
8,849

409
8,800

417
8,816

403
10,598

395
10,686

374
9,927

347
9,641

392
9,898

387
10,011

329
10,251

313
10,338

601
9,777

7,077

6,257

6,663

6,601

6,672

6,324

8,547

9,120

11,031

12,036

12,482

13,681

6,346
5,747
6,618
6,290
6,380
5,945
8,146
8,670 10,499 11,395
731
511
45
311
291
380
401
450
532
641
6,559
6,429
7,220
8,896
9,327
9,248 10,368 11,100 14,880 18,049
3,600
3,531
2,834
2,622
2,539
2,477
4,656
5,026
6,960 10,649
2,958
2,898
4,386
6,274
6,788
6,771
5,712
6,073
7,921
7,400
634,495 618,491 612,087 655,111 645,819 634,533 627,151 649,248 660,878 686,016

11,513
969
18,440
10,637
7,803
700,831

12,853
828
19,338
10,633
8,705
707,632

: ,
:
2
:
3
, -
:

4.1.5

113 1

( )
2008
2


(. )

-
- -



( )

-
-


1
2

2009
2

113

1,406.8 1,259.5 1,141.1 1,343.3 1,242.0 1,258.5 1,963.0 1,968.0 2,047.6 2,029.7 2,144.6 2,115.8
1,403.8 1,256.6 1,138.3 1,331.3 1,237.6 1,256.0 1,961.8 1,965.6 1,940.6 1,889.1 2,011.5 1,985.9
2.93
2.84
2.79 11.96 4.35
2.43
1.19
2.44 107.06 140.64 133.04 129.96
431.51 384.42 348.98 494.03 460.67 466.01 706.82 728.85 767.66 779.99 828.62 816.23
430.61 383.56 348.13 489.63 459.05 465.11 706.39 727.95 727.52 725.94 777.22 766.09
0.90
0.87
0.85
4.40
1.62
0.90
0.43
0.90 40.14 54.05 51.40 50.14
-

112

http://cba.am/CBA_SITE/downloads/stat_data_arm/Loans_Deposits_ARM.xls
http://cba.am/CBA_SITE/downloads/stat_data_arm/arminter_reserves.xls

203

4.2

, :
: , , -
, 2010. - 1.2%-, ,
, , -
18.5%-, 2009. , 2009.
14.4%-: , , 4%-
. 3- 4-
- 60-70%-, , ,
- , 4-6%
: - ,
6-8% :
2010. 26-
, 2009. -0.8%-,
` 2009. 0.8%,
` 2 : 2010 2011
` 0.1%- `
3.9% 4.3%: . ` -5.3% , , ` -4.8%, - -2.5%:

4.2.1
(WEO)
( )
4-

2009. WEO-

2008 2009 2010 2011 2010


2011
2009
2010 2011
1

3.0
0.5
0.4
0.6
1.2
0.3
-1.0
0.9
-1.2
0.5
0.4
1.7

-0.8
-3.2
-2.5
-3.9
-4.8
-2.3
-4.8
-3.6
-5.3
-4.8
-2.6
-1.3

204

3.9
2.1
2.7
1.0
1.5
1.4
1.0
-0.6
1.7
1.3
2.6
3.3

4.3
2.4
2.4
1.6
1.9
1.7
1.3
0.9
2.2
2.7
3.6
3.6

0.8
0.8
1.2
0.7
1.2
0.5
0.8
0.1
0.0
0.4
0.5
0.7

0.1
-0.1
-0.4
0.3
0.4
-0.1
0.6
0.0
-0.2
0.2
0.0
-0.1

1.3
-0.7
-0.3
-1.8
-1.9
-0.5
-2.4
-3.1
-1.8
-2.8
-1.6
3.0

3.9
2.1
2.6
1.1
1.0
1.6
1.3
0.1
1.8
1.9
3.6
2.7

4.3
2.5
2.4
1.8
2.5
1.6
1.1
1.2
2.5
3.1
3.5
4.0

4-

2009. WEO-

2008 2009 2010 2011 2010


2011
2009
2010 2011

3
-5


`

(
)



( )
4

(
)


2

5
(%)


1.7

-1.2

4.8

4.7

1.2

0.0

5.8

3.1

5.4

6.1
5.2
5.6
3.1
5.5
5.6
5.3
7.9
9.6
7.3
4.7
5.3
4.2
5.1
1.3
1.0

2.1
1.9
1.6
-4.3
-7.5
-9.0
-3.9
6.5
8.7
5.6
1.3
2.2
-2.3
-0.4
-6.8
-4.0

6.0
4.3
4.3
2.0
3.8
3.6
4.3
8.4
10.0
7.7
4.7
4.5
3.7
4.7
4.0
1.0

6.3
5.3
5.5
3.7
4.0
3.4
5.1
8.4
9.7
7.8
5.3
4.8
3.8
3.7
4.7
1.9

0.9
0.3
0.2
0.2
1.7
2.1
0.7
1.1
1.0
1.3
0.7
0.3
0.8
1.2
0.7
0.5

0.2
0.1
0.0
-0.1
0.4
0.4
0.1
0.3
0.0
0.5
0.6
0.2
0.1
0.2
-0.2
0.1

4.3
...
...
1.2
...
-6.2
...
...
10.7
5.9
3.6
...
...
3.1
-3.0
-1.9

6.4
...
...
-0.2
...
2.4
...
...
9.3
9.6
4.8
...
...
3.9
3.2
1.3

6.9
...
...
5.9
...
4.3
...
...
9.4
8.3
5.5
...
...
3.7
5.4
2.2

1.8

-2.1

3.0

3.4

0.7

0.0

...

...

...

2.8

-12.3

5.8

6.3

3.3

1.1

...

...

...

0.5
8.9

-12.2
-13.5

5.5
6.5

5.5
7.7

4.3
1.9

1.1
1.3

...
...

...
...

...
...

1.8
4.4

-12.1
-11.7

5.9
5.4

5.6
7.8

3.9
1.8

0.5
2.0

...
...

...
...

...
...

36.4

-36.1

22.6

7.9

-1.7

4.0

...

...

...

7.5

-18.9

5.8

1.6

3.4

-1.3

...

...

...

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212


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` 200 :

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