ࡱ> xzw5@Xbjbj22.XX62,,,,,,,@((((d,@%2VZt$$$$$$$$&R:)b%],%,,p%rrr",,$r$r&rV#@,,$ 0|1O( $ $D%0%$x)h)$@@,,,,),$r%%@@d h @@!>45@60=85  TOC \o "1-3" \h \z \u  HYPERLINK \l "_Toc102902333" 2545=85  PAGEREF _Toc102902333 \h 3  HYPERLINK \l "_Toc102902334"  1.A=>2=K5 ?>=OB8O, 284K @K=:0 F5==KE 1C<03 8 =>@<K ?@>F5=B0  PAGEREF _Toc102902334 \h 6  HYPERLINK \l "_Toc102902335" 1.1 A=>2=K5 ?>=OB8O, DC=:F88 @K=:0 F5==KE 1C<03 8 =>@<K ?@>F5=B0  PAGEREF _Toc102902335 \h 6  HYPERLINK \l "_Toc102902336" 1.2 A=>2=K5 284K @K=:0 F5==KE 1C<03 8 A>>B=>H5=8O 53> A 4@C38<8 2840<8 @K=:0 2 >AA88  PAGEREF _Toc102902336 \h 10  HYPERLINK \l "_Toc102902337" 1.3 >@<0B82=>-?@02>2K5 >A=>2K @53C;8@>20=8O @K=:0 F5==KE 1C<03  PAGEREF _Toc102902337 \h 16  HYPERLINK \l "_Toc102902338"  2. K=:8 F5==KE 1C<03 8 53> CG0AB=8:8. ;0AA8D8:0F8O F5==KE 1C<03  PAGEREF _Toc102902338 \h 20  HYPERLINK \l "_Toc102902339" 2.1 #G0AB=8:8 @K=:>2 F5==KE 1C<03  PAGEREF _Toc102902339 \h 20  HYPERLINK \l "_Toc102902340" 2.2 ;0AA8D8:0F8O F5==KE 1C<03  PAGEREF _Toc102902340 \h 26  HYPERLINK \l "_Toc102902341"  3.=D@0AB@C:BC@0 @K=:>2 F5==KE 1C<03  PAGEREF _Toc102902341 \h 37  HYPERLINK \l "_Toc102902342" 3.1 >=OB85 8=D@0AB@C:BC@K  PAGEREF _Toc102902342 \h 37  HYPERLINK \l "_Toc102902343" 3.2 040G8 8 <5E0=87<K 8=D@0AB@C:BC@K @K=:0 F5==KE 1C<03  PAGEREF _Toc102902343 \h 38  HYPERLINK \l "_Toc102902344"  4. K=>: F5==KE 1C<03: A>2@5<5==>5 A>AB>O=85, ?@>1;5<K 8 ?5@A?5:B82K @0728B8O  PAGEREF _Toc102902344 \h 44  HYPERLINK \l "_Toc102902345" 4.1 K=>: F5==KE 1C<03 =0 A>2@5<5==>< MB0?5 @0728B8O, >A=>2=K5 ?@>1;5<K  PAGEREF _Toc102902345 \h 44  HYPERLINK \l "_Toc102902346" 4.2 5@A?5:B82K @0728B8O @K=:>2 F5==KE 1C<03  PAGEREF _Toc102902346 \h 50  HYPERLINK \l "_Toc102902347" 0:;NG5=85  PAGEREF _Toc102902347 \h 54  HYPERLINK \l "_Toc102902348" !?8A>: 8A?>;L7>20==>9 ;8B5@0BC@K  PAGEREF _Toc102902348 \h 58  2545=85 0728B85 @K=>G=KE >B=>H5=89 2 >1I5AB25 ?@825;> : ?>O2;5=8N F5;>3> @O40 =>2KE M:>=><8G5A:8E >1J5:B>2 CG5B0 8 0=0;870.  =8<, ?@5645 2A53>, A;54C5B >B=5AB8 F5==K5 1C<038, ?@8>1@5B0NI85 <0AA>2K9 8 AB0=40@B878@>20==K9 E0@0:B5@, :>B>@K5 >1CA;02;820NB >?@545;5==K5 D8=0=A>2K5 ?@020 8 >1O70==>AB8. &5==K5 1C<038 ACI5AB2CNB :0: >A>1K9 B>20@, :>B>@K9 4>;65= 8<5BL A2>9 @K=>: A ?@8ACI59 5<C >@30=870F859 8 ?@028;0<8 @01>BK =0 =5<. 4=0:> B>20@K, ?@>40205<K5 =0 @K=:5 F5==KE 1C<03, O2;ONBAO B>20@>< >A>1>3> @>40, ?>A:>;L:C F5==K5 1C<038  MB> ;8HL B8BC; A>1AB25==>AB8, 4>:C<5=BK, 40NI85 ?@02> =0 4>E>4, => =5 @50;L=K9 :0?8B0;. 1>A>1;5=85 @K=:>2 F5==KE 1C<03 >?@545;O5BAO 8<5==> MB8< 8E :0G5AB2><, 8 @K=:8 E0@0:B5@87CNBAO ?> 1>;LH59 G0AB8 A2>1>4=>9 8 ;53:> 4>ABC?=>9 ?5@540G59 F5==KE 1C<03 >4=8< 2;045;LF5< 4@C3><C. 0:>?;5=85 45=56=>3> :0?8B0;0 83@05B 206=CN @>;L 2 @K=>G=>9 M:>=><8:5. 5?>A@54AB25==> A0<><C ?@>F5AAC =0:>?;5=8O 45=56=>3> :0?8B0;0 ?@54H5AB2C5B MB0? 53> ?@>872>4AB20. >A;5 B>3> :0: 45=56=K9 :0?8B0; A>740= 8;8 ?@>872545=, 53> =5>1E>48<> @0745;8BL =0 G0ABL :>B>@0O 2=>2L =0?@02;O5BAO 2 ?@>872>4AB2>, 8 BC G0ABL, :>B>@0O 2@5<5==> 2KA2>1>6405BAO. >A;54=OO, :0: ?@028;>, 8 ?@54AB02;O5B A>1>9 A2>4=K5 45=56=K5 A@54AB20 ?@54?@8OB89 8 :>@?>@0F89, 0::C<C;8@C5<K5 =0 @K=:5 AAC4=KE :0?8B0;>2 :@548B=>-D8=0=A>2K<8 8=AB8BCB0<8 8 @K=:>< F5==KE 1C<03. >7=8:=>25=85 8 >1@0I5=85 :0?8B0;0, ?@54AB02;5==>3> 2 F5==KE 1C<030E, B5A=> A2O70==> A DC=:F8>=8@>20=85< @K=:0 @50;L=KE 0:B82>2, B.5. @K=:0, =0 :>B>@>< ?@>8AE>48B :C?;O-?@>4060 <0B5@80;L=KE @5AC@A>2. ! ?>O2;5=85< F5==KE 1C<03 (D>=4>2KE 0:B82>2) ?@>8AE>48B :0: 1K @0742>5=85 :0?8B0;0. ! >4=>9 AB>@>=K, ACI5AB2C5B @50;L=K9 :0?8B0;, ?@54AB02;5==K9 ?@>872>4AB25==K<8 D>=40<8, A 4@C3>9 - 53> >B@065=85 2 F5==KE 1C<030E. >O2;5=85 MB>9 @07=>284=>AB8 :0?8B0;0 A2O70=> A @0728B85< ?>B@51=>AB8 2 ?@82;5G5=88 2A5 1>;LH53> >1J5<0 :@548B=KE @5AC@A>2 2A;54AB285 CA;>6=5=8O 8 @0AH8@5=8O :><<5@G5A:>9 8 ?@>872>4AB25==>9 45OB5;L=>AB8. "0:8< >1@07><, D>=4>2K9 @K=>: 8AB>@8G5A:8 =0G8=05B @072820BLAO =0 >A=>25 AAC4=>3> :0?8B0;0, B.:. ?>:C?:0 F5==KE 1C<03 >7=0G05B =5 GB> 8=>5, :0: ?5@540GC G0AB8 45=56=>3> :0?8B0;0 2 AAC4C.  @0728B88 @07;8G=KE 284>2 @K=:>2 F5==KE 1C<03 =0 A53>4=OH=89 45=L ?@>O2;O5BAO 0:BC0;L=>ABL @01>BK. K=>: F5==KE 1C<03, :0: 8 4@C385 @K=:8, ?@54AB02;O5B A>1>9 A;>6=CN >@30=870F8>==CN 8 M:>=><8G5A:CN A8AB5<C A 2KA>:8< C@>2=5< F5;>AB=>AB8 8 70:>=G5==>AB8 B5E=>;>38G5A:8E F8:;>2. K=>: F5==KE 1C<03 O2;O5BAO =5>BJ5<;5<>9 G0ABLN @K=>G=KE >B=>H5=89. 0 =5< F5==K5 1C<038 A;C60B ?@54<5B>< :C?;8  ?@>4068 A 8A?>;L7>20=85< :><?;5:A0 F5=, G5< B0:65 >B;8G0NBAO >B >1KG=KE B>20@>2. ;NG52>9 7040G59, :>B>@CN 4>;65= 2K?>;=OBL @K=>: F5==KE 1C<03 O2;O5BAO, ?@5645 2A53>, >15A?5G5=85 CA;>289 4;O ?@82;5G5=8O 8=25AB8F89 =0 ?@54?@8OB8O, 4>ABC? MB8E ?@54?@8OB89 : 1>;55 45H52><C, ?> A@02=5=8N A 10=:>2A:8<8 :@548B0<8 :0?8B0;C.  A2>N >G5@54L =>@<0 ?@>F5=B0 O2;O5BAO A>AB02=>9 G0ABLN, DC=:F8>=8@>20=8O @K=:>2 F5==KE 1C<03 8 >?@545;O5BAO, :0: G8AB> 45=56=K9 D5=><5= 8 GB> A?5F8D8G5A:0O >A>15==>ABL 45=53, 87 :>B>@>9 2KB5:05B 7=0G5=85 ?@>F5=B0 =0 45=L38, 70:;NG05BAO 2 B><, GB> 2;045=85 45=L30<8 :0: A@54AB2>< =0:>?;5=8O 1>30BAB20 2>2;5:05B 8E 45@60B5;O 2 =8GB>6=K5 8745@6:8 E@0=5=8O. "0:8< >1@07><, 3;02=>9 F5;LN @01>BK O2;O5BAO @0AA<>B@5=85 >A=>2=KE 284>2 @K=:>2 F5==KE 1C<03 8 >?@545;5=85 ACI=>AB8 =>@<K ?@>F5=B>2. &5;L ?>72>;8;0 AD>@<C;8@>20BL 7040G8, :>B>@K5 @5H0;8AL 2 40==>9 @01>B5: 0AA<>B@5BL >A=>2=K5 ?>=OB8O, 284K @K=:0 F5==KE 1C<03 8 =>@<K ?@>F5=B0; K=:8 F5==KE 1C<03 8 53> CG0AB=8:8. ;0AA8D8:0F8O F5==KE 1C<03; =D@0AB@C:BC@C @K=:>2 F5==KE 1C<03; F5=8BL @K=>: F5==KE 1C<03, A B>G:8 7@5=8O A>2@5<5==>3> 53> A>AB>O=8O, ?@>1;5< 8 ?5@A?5:B82 @0728B8O. 0:;NG5=85 -DD5:B82=> @01>B0NI89 @K=>: F5==KE 1C<03 2K?>;=O5B 206=CN <0:@>M:>=><8G5A:CN DC=:F8N, A?>A>1AB2CO ?5@5@0A?@545;5=8N 8=25AB8F8>==KE @5AC@A>2, >15A?5G820O 8E :>=F5=B@0F8N 2 =081>;55 4>E>4=KE 8 ?5@A?5:B82=KE >B@0A;OE 8 >4=>2@5<5==> >B2;5:0O D8=0=A>2K5 @5AC@AK 87 >B@0A;59, :>B>@K5 =5 8<5NB G5B:> >?@545;5==KE ?5@A?5:B82 @0728B8O. "0:8< >1@07><, @K=>: F5==KE 1C<03 O2;O5BAO >4=8< 87 =5<=>38E 2>7<>6=KE D8=0=A>2KE :0=0;>2, ?> :>B>@K< A15@565=8O ?5@5B5:0NB 2 8=25AB8F88.  B> 65 2@5<O @K=>: F5==KE 1C<03 ?@54>AB02;O5B 8=25AB>@0< 2>7<>6=>ABL E@0=8BL 8 ?@5C<=>60BL 8E A15@565=8O. 020O >1ICN >F5=:C 7=0G5=8O F5==KE 1C<03 2 M:>=><8:5, <>6=> 2K45;8BL A;54CNI85 206=59H85 <><5=BK. >-?5@2KE, F5==K5 1C<038 2KABC?0NB 381:8< 8=AB@C<5=B>< 8=25AB8@>20=8O A2>1>4=KE 45=56=KE A@54AB2 N@848G5A:8E 8 D878G5A:8E ;8F. >-2B>@KE, @07<5I5=85 F5==KE 1C<03  MDD5:B82=K9 A?>A>1 <>18;870F88 @5AC@FHJL   shN2jh &hD>*B*UmHnHphuhDCJmHnHu j}hDUmHnHujhDUmHnHuhDmHnHu2jh &hD>*B*UmHnHphuhDmHnHuh &hD0JmHnHu$jh &hD0JUmHnHujhD5UaJ hD5aJhphD5aJ 2 8 Ntly $ ]`gdD |$ ]`gdD $ ]`gdD $ ]^`gdD $ ]`gdD $ ]^`gdD$a$gdDX 0 2 4 6 < >  : < > @ F H ·©©u·©[©2jh &hD>*B*UmHnHphu jqhDUmHnHu2jh &hD>*B*UmHnHphuhDmHnHuh &hD0JmHnHuhDCJmHnHu$jh &hD0JUmHnHujhDUmHnHu jwhDUmHnHuhDmHnHu# $ & ( , . 0 2 4 6 n p r t z | * , . 2 4 6 8 : < t v x z   tZ2jh &hD>*B*UmHnHphu jehDUmHnHu2jh &hD>*B*UmHnHphuhDmHnHuh &hD0JmHnHuhDCJmHnHu$jh &hD0JUmHnHu jkhDUmHnHuhDmHnHujhDUmHnHu# @BDHJLNPR  TVXZ`b·©©u·©[©2jh &hD>*B*UmHnHphu jYhDUmHnHu2jh &hD>*B*UmHnHphuhDmHnHuh &hD0JmHnHuhDCJmHnHu$jh &hD0JUmHnHujhDUmHnHu j_hDUmHnHuhDmHnHu#rtv.02tZ2jh &hD>*B*UmHnHphu jMhDUmHnHu2jh &hD>*B*UmHnHphuhDmHnHuh &hD0JmHnHuhDCJmHnHu$jh &hD0JUmHnHu jShDUmHnHuhDmHnHujhDUmHnHu#2fhjnprtvx&(*^`bfhjlnp·©©u·©[©2j h &hD>*B*UmHnHphu jA hDUmHnHu2j h &hD>*B*UmHnHphuhDmHnHuh &hD0JmHnHuhDCJmHnHu$jh &hD0JUmHnHujhDUmHnHu jG hDUmHnHuhDmHnHu RTVhlnֶǣudǣ j5 hDUmHnHu2j h &hD>*B*UmHnHphuhDmHnHuhDCJmHnHu$jh &hD0JUmHnHu j; hDUmHnHujhDUmHnHuhDmHnHuh &hD0JmHnHuh &hD0JmHnHsH u!JLN "&(*,.0hjźůӺņlů[Ӻņ j)hDUmHnHu2j h &hD>*B*UmHnHphuhDmHnHu j/ hDUmHnHujhDUmHnHuhDmHnHuhDCJmHnHuh &hD0JmHnHu$jh &hD0JUmHnHu2j h &hD>*B*UmHnHphu",^b!$'( ]`gdD ]`gdDgdDgdD $ ]^`gdD $ ]^`gdDjln(*fhB)D)))++-11źӏxtohohohohohohohohohot`hDmH sH  hDNH\ hD\hDhD5aJmH sH jhD5UaJhDCJmHnHu j#hDUmHnHujhDUmHnHuhDmHnHuh &hD0JmHnHu$jh &hD0JUmHnHu2jh &hD>*B*UmHnHphu$(*+x-@0J11p2283444 4 4444444444gdD & F ^`gdD ]`gdD ]`gdD1122L2l2p22243638333440444"5$556666677z8|8899::;;Zt\v\]]n^p^^^$_&_aFbHbcddddee"fۻۻۻۻۻۻۻ۶۠hDNHaJ hDaJ hD5hU hDNHh hDh hDNH h`IhDh`IhDmH sH hDmH sH hDhDmHnHsH uh+hDmHnHuhDmHnHu<4 4"4$4&4(4*4,4.404H48]&_avbdfikl"nopv@]^`gdD ]`gdDgdDgd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orld Bank Glossary. - Washington: The World Bank. - 1991. -p. 43 0@8=>2 -.., %<K7 .. K=:8: 20;NB=K5 8 F5==KE 1C<03.- .: -:70<5=, 2001.A.256. 5@4=8:>20 ". . K=>: F5==KE 1C<03.  .: =D@0-, 2004.  A.278. C@5=8= .. K=>: F5==KE 1C<03 8 ?@>872>4=KE D8=0=A>2KE 8=AB@C<5=B>2  .: $8=0=AK 8 AB0B8AB8:0, 20013.A. K=>: F5==KE 1C<03. >4 @540:F859 .. 0;0=>20, . . 0A>20.  . : $8=0=AK 8 AB0B8AB8:0, 1999.  123  A.134 0=8;>2 ... =0;87 8 ?@>3=>7 @0728B8O @>AA89A:>3> @K=:0 F5==KE 1C<03.// -. - 2003 - !2 - A.21-67. 0;0=>20 .. 8 0A>20 .. K=>: F5==KE 1C<03: #G51=8: / .: $8=0=AK 8 AB0B8AB8:0, 1999.A.318. @H>20 ".., <C@6C52 .., >;C1:>2 .., 0=8;>2 ... -:>=><8:0 4;O 2A5E: >?C;. A;>2. / !>AB. >4 =0CG. @54. .. <C@6C520.-.: -:>=><8:0, 19993.-A.121 C:>2 .$. K=>: F5==KE 1C<03. #G51=>5 ?>A>185 4;O 2C7>2. .: .=8B8-40=0, 2002. - 399 A. $.>B;5@. #?@02;5=85 <0@:5B8=3><.-.:-:>=><8:0.-1980.-!. 182 0::>==5;;. !BM=;8 .@N. -:>=><8:A. - .: 5A?C1;8:0. - 1992. - !. 61. 0B259GC: .. K=>: F5==KE 1C<03. #G51=>5 ?>A>185. 20013. A.218. 04K38= . 07>2K9 :C@A ?> @K=:C F5==KE 1C<03. - .: $8=0=A>2K9 8740B5;LA:89 4>< 5;>2>9 M:A?@5AA, 1998.  A.213. C@A M:>=><8G5A:>9 B5>@88: CG51=8:  8@>2: !, 2004 3.  A.318. "f$f`gbg*h,hnhphiijjkkflhlllmmnn>p@pppqqzr|rFsHsttttuuvvv@BLvxt$lnVX҈Ԉ`b͸͸ hg!hDhkthDB*phhDB*aJph hkthDhPhDB*phhDB*ph hh!!hDhD hDaJhDNHaJE@Bxt$nXԈbΊVX$ & F^`gdD$ & F ^`gdDgdDgdDĊΊLVXhDhDmH sH  hkthDhD hPhD,1h. A!"R#n$n% }DyK _Toc102902333}DyK _Toc102902333}DyK _Toc102902334}DyK _Toc102902334}DyK _Toc102902335}DyK _Toc102902335}DyK _Toc102902336}DyK _Toc102902336}DyK _Toc102902337}DyK _Toc102902337}DyK _Toc102902338}DyK _Toc102902338}DyK _Toc102902339}DyK _Toc102902339}DyK _Toc102902340}DyK _Toc102902340}DyK _Toc102902341}DyK _Toc102902341}DyK _Toc102902342}DyK _Toc102902342}DyK _Toc102902343}DyK _Toc102902343}DyK _Toc102902344}DyK _Toc102902344}DyK _Toc102902345}DyK _Toc102902345}DyK _Toc102902346}DyK _Toc102902346}DyK _Toc102902347}DyK _Toc102902347}DyK _Toc102902348}DyK _Toc102902348Z`Z D1KG=K9$$dh`a$CJ_HaJmHsHtHN`N D 03>;>2>: 3$<@&5\^JaJBA@B A=>2=>9 H@8DB 0170F0XiX 1KG=0O B01;8F04 l4a .k. 5B A?8A:0<`< D 3;02;5=85 3 ^4`4 D 3;02;5=85 1<`< D 3;02;5=85 2 ^:U`!: D 8?5@AAK;:0 >*B*ph<B`2< DA=>2=>9 B5:ABxZC`BZ DA=>2=>9 B5:AB A >BABC?><x^62 o'\6Xz|}~ nYN 8x     $`}lv!Y"## $%(*,+,L,,D---...`//]000;1}1152820000000000000000000000000(0000000000000 0 0 0 00000000000000000000000(00000000000000000(0 0+, 0+, 0+, 0+, 0+, 0+, 0+, 0+, 0+, 0 +, 0 +, 0 +, 0 +, 0 +, 0+, 0+,0 o'\6Xz nYN 8x$`}lv!Y"## $%(*,+,L,,D---...`//]000}115282@0@0@0@0@0@0@0@0@0@0@0@0@0@0@0@0@0*@0@0}@0}@0}@0}@0}@0}@0}@0}@0}@0}@0}@0}@ 0}@ 0}@ 0}@ 0}*@0+@0V@@0V@@0V@@0V@@0V@@0V@@0V@@0V@@0V@@0V@@0V@@0V@@0V@@0V@@0V@@0V@*@0+@ 0iV@ 0iV@ 0iV@ 0iV@ 0iV@ 0iV@ 0iV@ 0iV0@ 0 iV0@ 0 iV0@ 0 iV0@ 0 iV0@ 0iV@ 0iV @07  0T 2j1"fX!"#$%&')+FH(4@X(*,GX #$DNjlmo^z|}9z!$%'Gj:VYZ\|0346V6RUVXx6Xtwxz62 X%ĕX%ĕX%ĕX%ĕX%ĕX%ĕX%ĕX%ĕX%ĕX%ĕX%ĕX%ĕX%ĕX%ĕX%ĕX%ĕ̕ _Toc102902333 _Toc102902347 _Toc102902348+,82"K,82--&0*082  ""n$$%&B'K'~(Q*j**z,{,,,....008282Anna Chernenko)|@.)Z pEv*:V`h^`OJQJo(hHhee^e`OJQJ^Jo(hHoh5 5 ^5 `OJQJo(hHh^`OJQJo(hHh^`OJQJ^Jo(hHoh^`OJQJo(hHhuu^u`OJQJo(hHhEE^E`OJQJ^Jo(hHoh^`OJQJo(hH^`o(.^`.hLh^h`L.88^8`.^`. L ^ `L.  ^ `.xx^x`.HLH^H`L.h^`. hpp^p`o(.h@ L@ ^@ `L.h^`.h^`.hL^`L.h^`.hPP^P`.h L ^ `L.)|@.:VZ pE^ N D{_k5282a0@5252]#5252X62`` ` ```4`ZUnknownGz Times New Roman5Symbol3& z Arial?5 z Courier New;Wingdings"qhkFlF~*[~*[Yn2422@H(?DAnna ChernenkoAnna Chernenko   Oh+'0d   , 8DLT\ssAnna Chernenkonna Normal.dotnAnna Chernenko2naMicrosoft Word 10.0@@ NO@P)O~*՜.+,D՜.+,4 hp  HOME9[2A   L 8@ _PID_HLINKSA`0\_Toc1029023480V_Toc1029023470P_Toc1029023460J_Toc1029023450D_Toc1029023440>_Toc10290234308_Toc10290234202_Toc1029023410,_Toc1029023400&_Toc1029023390 _Toc1029023380_Toc1029023370_Toc1029023360_Toc1029023350_Toc1029023340_Toc102902333  !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIKLMNOPQSTUVWXYZ[\]^_`abcdefhijklmnpqrstuvyRoot Entry F2O{Data J1TableR)WordDocument.SummaryInformation(gDocumentSummaryInformation8oCompObjj  F Microsoft Word MSWordDocWord.Document.89q