MO!l !lO6G!l!lGiu iu rjJYT-Klf CU l\yi1 )l, HJl )l, HaMOeH 6yJla)l, :
MOJlH51 i1 pecypcJl H yMyM ax,OH MHl\ecH)l, rJl 6aJlJl raH Hl\ )l, )l, )l, caMapaJlH Tal\ Jl wH Ba l\ai1 Tal\ MJlaHHwH;
MHJlJlHi1 MOJlH51 6O3OpJl HHH y3apO HHTerpau,H51Jl wyBH (yi1 yHJl wyBH);
MOJlH51 6O3OpJl pHHH HHTepHau, OHaJlJl wyBH;
ax, H rJlO6aJlJl yBH apaeHJlapH (6apYa i1yHaJl wJlap)l, ) pHBO HHH KaTaJl aTOpH Ba x, .
MOJlH51 6O3OpH Ba3Hcp JlapHHH GCOCUU eG �yiu lfG!l G a paTHw MyMKHH. ACOCUU eG3UrjJG!lGpU yHHHr 6O3Op MyHOca6aTJl pH TH3HMH)l, rH ax,aMH51 Ba l\ Jlai1 wapOHTJl TabMHHJl 6HJlaH Hcp )l,aJlaHa)l, (yJl ol\ pH)l, caHa6 yTHJl aH).
MOJlH51 6O3OpHHHHr �yiuUMlfG eG3UrjJG!lGpU G l\ i1H)l,arHJlapHH KHpHTHw MyMKHH:
3MHTeHTHHHr MOJlH51 Ol\ MJl pHHH OnTHMaJlJl wTHpHw;
6O3Op l\ HawYHJl pHHHHr H O6Hi1 HMH)l, HHH waKJlJl HTHpHw;
3MHTeHTHHHr Hl\ O)l,Hi1 MaHcpaaTJl pHHH x,HMO51Jlaw;
6H3HecHH pHBO Jl HTHpHw Ba l\ywHMYa Hw Oi1Jl pHHH 51paTHw;
ax,OH MOJl 51 TH3HMHra HHTerpau,H51JlawTHpHw;
cHecHi1 x, py , MOJlH51 Hi1 Ba Hl\ O)l,Hi1 l\Hi1HHYHJl , MOJlH51BHi1 penpeccH51 Ba BaJl TaBHi1 HHTepBeHu,H51 BOcHTacH cHcp )l, TabcHp KypcaTHw;
HHBecTOpJl HHr Xyl\yl\JlapHHH x,HMO51Jl Ba Mal\ca)l, MaHcpaaTJlapHHH TabMHHJl .
XaJll\apO MaBl\ ra 3ra 6yJlraH 3aMOHaBHi1 MOJlH51 6O3OpH y3HHHHr acOcHi1 pOJl )l, H)l, (51
Hl\ O)l, Hr x,OJl “6apOMeTpH”) ax,OH rJlO6aJlJlawyBH wapOHTH)l, Hl\ O)l,HeT)l,a 6Hp 6HpH 6HJl H 6OFJlHl\ l\ i1H)l,arH pOJlJl pHH yi1 i1)l,H:
“VIl\THcO)l, THHHr MyaMMOJl H )l, pa acHHH MeTpHKacH, yJl arHYH”, 51 HH Hl\ O)l,HeT)l,a OMHJlJlap TabcHpH OcTH)l, nai1)l, 6yJl BYH MyaMMOJl H Max,cyc HH)l, aTOpJl ep)l, )l, MHl\)l, pHHH yJl ra Ba
wy acOc)l, MacbyJl )l,aBJl OpraHH x,aM)l, Hl\THcO)l, cy6bKTJl H TOMOHH)l, cHecaT opHTHw)l, TerHwJlH l\apOpJl p l\a6yJl l\HJl wra KyMaKJl wa)l,H;
“MOJlH51BHi1 pecypcJl H 6O3Op KOHbHKTypacH acOcH)l, Hl\ )l, cy6beKTJl H ypTacH)l, TapTH6Jl raH Tap3)l, caMapaJlH Tal\ Jl H Ba l\ai1 Tal\ Jl HHHHr KOMMyTaTOpH”. yH)l, 6O3Op KOHboHKTypacH cpHcKaJl Ba MOHeTap cHecaTJl ep)l, )l, TapTH6Jl HpHJla)l, ;
“VIl\THcO)l, T)l,a pal\O6aT Myx,HTHHH pHBO Jl HpHw KaTaJlH3aTOpH” cHcpaTH)l,a HJl Hi1 HHKaBHi1 npOrpecc Ba HHHOBau, 51Jl H paF6aTJl THpa)l, ;
“ O3Op l\ wYHJl pH TapKH6HHH HHTepHau, OHaJlH3aTOpH” cHcpaTH)l,a Hl\ O)l,Hi1 rJl JlJl wyBHH pHBO Jl Hpa)l,H;
“MOJlH51BHi1 HHcTpyMeHTJl p Ba yJl 6HJlaH 6OFJlHl\ Onepau,H51Jl pHH cTaH)l, pTH3aTOpH” cHcpaTH)l,a MOJlH51 i1 rJlO6aJlJlawyB apaeHHHH pHBO Jl Hpa)l,H;
“VIl\THcO)l, T cy6beKTJl pHHHHr HHBecTHu, OH cp OJlJl H cTHMyJl51 ” cHcpaTH)l, Hl\ O)l, pHBO Jl HpHw Ba Hl\ O)l,Hi1 ycHwHH TabMHHJl . VI THu, OH cp OJlJl MOJlH51 6O3OpH)l, HHBecTOpJl r x,al\ Xyl\yl\Jl x,HMO51Jl raHJlHK )l, Ba pHcKJlap wapOHTH)l, MOJlH51 caMapaJlH 6Owl\ HJl wra 6OFJlHl\;
“ O3Op Hl\ O)l, wapOHTH)l, rH cTHXH51Jl apaeHJl pHH peryJl51 ”. yH)l,ai1 apaeHJlap MabJl M HH)l, aTOpJl (KypcaTKHYJl ) ep)l,aMH)l,a 6ax,OJl , yJl HHHr KpHTHK (YerapaBHi1) l\Hi1MaTJl HH 6HJl aH x,OJl)l, MabJl M peryJl51 HB BOcHTaJl ep)l, )l, TapTH6Jl HpHJla)l, ;
“ O3Op Hapx,Jl H cTa6HJlH3aTOpH” cHcpaTH)l,a 6O3Op caB)l,OcH TeH)l,eHu,H51JlapHHH ()l, MHKacHHH) 6apl\ pJl THpa)l, , TaJl Ba TaKJl cp MyBO3aHaTJl THpa)l, ;
“VIl\THcO)l, THH TapTH6Jl cp OJlH51 HH TabMHHJlOBYH aJl OpHTMHK npOu,eccOp” cHcpaTH)l, 6apYa MOJlH51BHi1 MyHOca6aTJl H 6O3Op l\ Jl TOMOHH)l, Mal\ca)l,Jl cTpaTerHK Tap3)l, aMaJlra OwHpHJl wHra KyMaKJl wa)l,H;
“AKTHBJl ceKbopH3aTOpH” cHcp )l, caMapacH3 peaJl aKTHBJl H l\ MaTJlH l\ 3Jl TpaHccp pMau, 51Jl , yJl a 51HrH x,aeT 6aFHwJlai1)l,H Ba cp Jl HHBecTHu, apaeHra l\ai1Ta KHpHTa)l,H;
“VIl\THcO)l, T cy6beKTJl pH HHcp OpH” cHcp TH)l,a yJlapHHHr pHcKJl HHH nacai1 Hwra (eKH 6Owl\ Hwra) KyMaKJlawa)l, ;
“VI OBau, MOJlH51 Hi1 BOcHTaJl (Max, Jl TJl Ba Onepau,H51Jlap) cHHTe3aTOpH” cHcpaTH)l, pal\O6aT6ap)l,OwJlHJl Ba MOJlH51 i1 x,aBcpcH3Jl HH TabMHHJlai1)l,H;
“MOJlH51BHi1 BOcHTaJl HHr Max, c HH)l, 51 ” cHcp )l, 6O3Op l\ YHJl H yYyH MOJlH51 i1 HHcTpyMeHTJl p 6HJlaH 6OFJlHl\ cp OJlH51 6yi1 HwJl YHl\apHw apaeHHHH TawKHJlJl wTHpa)l,H;
“VIl\THcO)l, THHHr HHBecTHu,HOH Myx,HTH cHcp Ba MyaMMOJl )l, pa acHHH aHaJlH3aTOpH” (1-
YH Ba 11-YH pOJlJl 6HJlaH x,aMOx,aHr Tap3)l, );
“ O3Op l\ Jl ra y3 MyaMMOJl pHHH aHrJl ra, 6ax,OJl ra Ba x,aJl l\HJl wra KyMaKJlawa)l, raH MeXaHH3M”;
“3KBHBaJleHT Ky3ry” cHcp )l, 6apYa 6O3Op l\aTHawYHJl HHHHr cp JlH51 HaTH aJl cHcp 6eBOcHTa Ba 6HJl cHTa aKc 3TTHpa)l, x,aM)l, KeJl aK)l, cTpaTerH51Jl HH Mal\ca)l,Jl l\ pHwra KyMaKJl a)l, ;
“CneKyJl51 HB Onepau,H51Jlap TOTaJl aTOpH” cHcp )l, 6O3Op l\ YHJl HHH KyTHJl aK, aMMO pHcKJl , MaHcpaaJl TOMOH YOpJlai1)l,H. yH)l, 3MHTeHTJl p l\ TJlH l\OFO3Jl pH cHcpaTHHH cneKyJl51 HHBecTOpJl HHr Op3yJl Mal\ca)l, aHcpaaTJlapHHH KepaKJl (cneKyJl51 HB) )l,apa a)l, TabMHHJl ra Ma 6ypJl , aKc x,OJl)l, HHBecTOpJlap)l, Max,pyM 6yJla)l,HJl . Ca6a6H, 3MHTeHTJl Hl\ cO)l,Hi1 pHBO Jl Hw yYyH 51 H Ba l\ HHBecTHu, pecypJl a Myx,TO , HHBecTOpJl 3ca – MOJlH51 HHcTpyMeHTJl pH 6yi1 KaM (eKH Kyn) pHcKJl 6O3Op )l, pOMa)l, ra HHTHJla)l,HJl , YyHKH, ai1 H
cneKyJl51 HHBecTOpJl Hl\ O)l,HeT)l,a HHBecTHu, Myx,HTHH 6eJlrHJlai1)l,HJl . WyH)l,ai1 l\HJlH6, MOJlH51 6O3OpH cneKyJl51 HHBecTOpJl HHr a3apTra KHpHwH Myx,HTHHH l\H3)l,Hpa)l,H, MOJlH51BHi1 HHcTpyMeHTJl pHH MyOMaJl ra YHl\apyBYHJl pHH 3ca )l,OHMHi1 Tap3)l, MOJlH51BHi1 6apl\apOpJl Ka Ma 6yp l\HJla)l,H, HHBecTHu,H51Jl pra 6yJl pal\O6aTJl KypawHHH l\H3)l,Hpa)l,H, HaTH a)l, 6O3Op pal\O6aTHHH Myx,HTHHH TabMHHJlai1)l,H;
“MOJlH51 6O3OpH l\ THawYHJlapHHH 6Hp 6yTyH HHcp aTy3HJlMaBHi1 TH3HMra 6HpJl wTHpyBYH” cHcpaTH)l,a x,ap 6Hp l\ THawYHHH y3 ypHHHH, Mal\ca)l, Ba Ba3HcpaJl pHHH, cp HKu,H51Jl HHH, 6Hp 6HpH 6HJl H 6OFJlHl\Jl )l, rH TapTH6Jl cp OJlH51 HH TabMHHJlai1)l,H; MOJlH51 6O3OpHHHHr 6Hp 6yTyH TH3HMJlHJl
)l, raH)l,a yHH 6Hp 6HpH 6HJlaH y3BHi1 6OFJl raH yHcypJl p)l, (l\ THawYHJlap)l,aH) H6OpaT MypaKKa6 KaTTa TH3HM (cTpyKTypaBHi1 cp HKu,HOHaJl MO)l,eJl) cHcpaTH)l,a TawKHJlJl wraHH TywyHHJla)l,H (1.2 naparpacpra l\apaJlcHH). X, p 6Hp yHcyp 6O3Op)l, y3Hra x,Oc Mal\ca)l,ra Ba TerHwJl cpaOJlH51 TypHra 3ra;
“MOJlH51BHi1 Max, Jl TJl (HHcTpyMeHTJl ), pecypcJl Ba x,H3MaTJl rHnepMapKeTH” cHcp )l, 6apYa 6O3Op l\ THawYHJlapHHH yJlapHHHr TOBapJl HHH O6beKTHB Hapx,Jl )l, aJl wHHyBH 6OpacH)l, yYpawTHpa)l,H Ba MaHcpaaTJl pHHH l\OH)l, Hw yYyH KepaKJlH wapOHTJl pHH 51 a)l,H;
“ O3Op Myx,HTH” cHcpaTH)l,a 6O3Op)l,a OYHl\ (3pKHH) Hl\ O)l, l\ HJl HHHHr aMaJl l\HJlHHHwHHH, Hl\ O)l, MOHeTH3au,H51JlawyBHHH, KanHTaJl ai1Jl HMacH Ba TpaHccpOpMau,H51 , aKTHBJl ceKbopHTH3au,H51 TaMOi1HJlJl pHHH TabMHHJlai1)l,H. yH)l, x, 6Hp MaMJl KaT 6O3OpH Myx, y3HHHHr l\ BBaT nOTeHu,HaJl MHl\)l,OpH )l,OHpacH)l, ai1THJlraH pOJl 6a apa)l,H;
“MOJlH51BHi1 rJlO6aJlJlawTHpyBYH” cHcpaTH)l,a ol\OpH)l, KeJlTHpHJlraH pOJlJl acOcH)l, MHJlJlHi1 Hl\ cO)l,HeTJlap 6HpJl yBHHH TabMHHJlai1)l, , 6O3Op l\ YHJl HHHHr XaJll\ )l,apa a)l, cp JlH51T YerapaJl Ba TabcHpHHH KeHrai1THpa)l, , )l, BJl HHHr peryJl51 pOJl KaMai1 )l, (XaJll\apO peryJl51 HB TawKHJlOTJl 3Ba3Hra), pecypcJl Ol\ HHH reOrpacp Kerai1 pH6 Te3Jl THpa)l, Ba caMapa)l,OpJl H OwHpa)l,H;
“MOJlH51BHi1 HHcTpyMeHTJl HHHr O6beKTHB KypcJl )l, KOHBepTOpH” cHcp )l, BaJloTaJl H Ba l\ MaTJl l\ 3Jl HH 3pKHH 6O3Op 6ax,OJl )l, Ba x,a MJl )l, pal\ 6aTJl aJlMawHHyBHHH TabMHHJlai1)l,H.
VI pJl r Ma6Jl Jl yYyH KyYJlH pal\ 6aTJl Kypaw wapOHTH)l, “VI ecTHu, H JlOi1Hx,aJl p ceJl u,H51 Ba cTpyKTypaBHi1 (Ty3HJlMaBHi1) HcJlOx,aTJlapHH aMaJl OwHpyBYH MeXaHH3M” pOJl (1.1.4 pacM)l, H MO)l,eJl l\apaJl H). Yw6y pOJl caMapaJlH 6a apHJl ol\ pH)l, KeJl pHJl aH pOJlJl a x,aMOx,aHr 6yJl )l,aBJl HHHr MOHeTap (acOcaH cp H3 cTaBKacHHH y3rapTHJl ) Ba cpHcKaJl cHecaTJl 6HJl 6OFJlHl\ Hl\ cO)l,Hi1 ycHw MO)l, JlH)l, KaTTa ax,aMH51 a 3ra.
TabKH)l,Jlaw OH3KH, KeJlTHpHJlraH pOJlJl cp l\ T OYHl\ 6O3Op Hl\ O)l, wapOHTH)l, , yTa pHBO Jl raH 6H3Hec Ba x, cycHi1 MyJl YHJl TH3HMH)l, TyJlHl\ 6a apHJl H MyMKHH. yH)l,ai1 wapOHT Ba TH3HMra 3ra 6yJl araH MaMJlaKaTJl HHHr 6O3OpH ol\ pH )l,apa a)l, pHBO JlaHraH )l,aBJl Jl 6O3OpHra l\ 6yJla)l,HJl 6.
MOJlH51 6O3OpH, yMJl )l, H l\HMMaTJl l\OFO3Jlap 6O3OpH, cp OJlH51 KypcaTHwHHHHr acOcHi1
Do'stlaringiz bilan baham: |