Вестник РГМУ Специальный выпуск №1 2011 год (часть 1)

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ǪȍșȚȕȐȒ ǸǫǴǻ ǹȗȍȞȐȈȓȤȕȣȑ ȊȣȗțșȒ ȹ 01-64 ɉɊɂɆȿɇȿɇɂȿ ɊȿɄɈɆȻɂɇȺɇɌɇɈȽɈ ɑȿɅɈȼȿɑȿɋɄɈȽɈ ɗɊɂɌɊɈɉɈɗɌɂɇȺ ȾɅə Ʌȿɑȿɇɂə ȺɇȿɆɂɂ ȻȿɊȿɆȿɇɇɕɏ ȿ ȼ Ʉɥɢɦɨɜɫɤɚɹ ɇɚɭɱɧɵɟ ɪɭɤɨɜɨɞɢɬɟɥɢ ± ɩɪɨɮ ȼ Ƚ Ⱦɟɦɢɯɨɜ ɩɪɨɮ ɂ Ɇ Ɇɢɪɨɜ Ɏɟɞɟɪɚɥɶɧɵɣ ɇɚɭɱɧɨ ɤɥɢɧɢɱɟɫɤɢɣ ɰɟɧɬɪ ɞɟɬɫɤɨɣ ɝɟɦɚɬɨɥɨɝɢɢ ɨɧɤɨɥɨɝɢɢ ɢ ɢɦɦɭɧɨɥɨɝɢɢ Ɋɹɡɚɧɶ Ɋɨɫɫɢɹ ɋ ɤɨɧɰɚ ;; ɜɟɤɚ ɩɪɢ ɥɟɱɟɧɢɢ ɚɧɟɦɢɢ ɛɟɪɟɦɟɧɧɵɯ ɢ ɪɨɞɢɥɶɧɢɰ ɤɪɨɦɟ ɨɛɳɟɩɪɢɧɹɬɨɣ ɮɟɪɪɨɬɟɪɚɩɢɢ ɫɬɚɥɢ ɢɫɩɨɥɶɡɨɜɚɬɶɫɹ ɩɪɟɩɚɪɚɬɵ ɪɟɤɨɦɛɢɧɚɧɬɧɨɝɨ ɱɟɥɨɜɟɱɟɫɤɨɝɨ ɷɪɢɬɪɨɩɨɷɬɢɧɚ ɪɱɗɉɈ Ɉɞɧɚɤɨ ɞɨ ɫɢɯ ɩɨɪ ɧɟ ɪɚɡɪɚɛɨɬɚɧɵ ɨɩɬɢɦɚɥɶɧɵɟ ɫɯɟɦɵ ɩɪɢɦɟɧɟɧɢɹ ɪɱɗɉɈ ɭ ɛɟɪɟɦɟɧɧɵɯ ɠɟɧɳɢɧ ɫ ɚɧɟɦɢɟɣ ɐɟɥɶ ɢɫɫɥɟɞɨɜɚɧɢɹ ɨɰɟɧɢɬɶ ɷɮɮɟɤɬɢɜɧɨɫɬɶ ɪɚɡɥɢɱɧɵɯ ɫɯɟɦ ɩɪɢɦɟɧɟɧɢɹ ɪɱɗɉɈ ɩɪɢ ɥɟɱɟɧɢɢ ɚɧɟɦɢɢ ɛɟɪɟɦɟɧɧɵɯ Ɇɚɬɟɪɢɚɥɵ ɢ ɦɟɬɨɞɵ ɜ ɢɫɫɥɟɞɨɜɚɧɢɟ ɜɤɥɸɱɟɧɵ ɠɟɧɳɢɧ ɜ ɫɪɨɤɟ ɛɟɪɟɦɟɧɧɨɫɬɢ ɨɬ ɞɨ ɧɟɞɟɥɶ ɛɟɪɟɦɟɧɧɨɫɬɢ ɫ ɭɪɨɜɧɟɦ ɝɟɦɨɝɥɨɛɢɧɚ +E ɝ ɥ ɢ ɧɢɠɟ ɧɟ ɨɬɜɟɬɢɜɲɢɟ ɧɚ ɩɟɪɨɪɚɥɶɧɭɸ ɮɟɪɪɨɬɟɪɚɩɢɸ ɜ ɬɟɱɟɧɢɟ ɧɟɞɟɥɶ ɋɪɟɞɧɢɣ ɭɪɨɜɟɧɶ +E ɩɟɪɟɞ ɧɚɱɚɥɨɦ ɬɟɪɚɩɢɢ ɫɨɫɬɚɜɢɥ ɝ ɥ ɝ ɥ Ⱦɥɹ ɥɟɱɟɧɢɹ ɢɫɩɨɥɶɡɨɜɚɥɢ ɪɟɤɨɦɛɢɧɚɧɬɧɵɣ ɱɟɥɨɜɟɱɟɫɤɢɣ ɷɪɢɬɪɨɩɨɷɬɢɧ ± ɗɩɨɤɪɢɧ ɩɪɨɢɡɜɨɞɫɬɜɚ Ƚɨɫɇɂɂ ɈɑȻ ɋɚɧɤɬ ɉɟɬɟɪɛɭɪɝ ȼɫɟ ɛɟɪɟɦɟɧɧɵɟ ɛɵɥɢ ɪɚɡɞɟɥɟɧɵ ɧɚ ɬɪɢ ɝɪɭɩɩɵ ɜ ɡɚɜɢɫɢɦɨɫɬɢ ɨɬ ɫɯɟɦɵ ɜɜɟɞɟɧɢɹ ɗɩɨɤɪɢɧɚ ɝɪɭɩɩɚ ± ɩɨ Ɇȿ ɤɝ ɱɟɪɟɡ ɞɟɧɶ ɝɪɭɩɩɚ ± ɩɨ Ɇȿ ɤɝ ɱɟɪɟɡ ɞɟɧɶ ɝɪɭɩɩɚ ± ɩɨ Ɇȿ ɤɝ ɪɚɡɚ ɜ ɧɟɞɟɥɸ ɉɪɟɩɚɪɚɬ ɜɜɨɞɢɥɢ ɩɨɞɤɨɠɧɨ ɨɬ ɞɨ ɢɧɴɟɤɰɢɣ Ɋɟɡɭɥɶɬɚɬɵ ɜ ɩɟɪɜɨɣ ɝɪɭɩɩɟ ɰɟɥɟɜɨɣ ɭɪɨɜɟɧɶ +E ɛɵɥ ɞɨɫɬɢɝɧɭɬ ɭ ɢɡ ɛɟɪɟɦɟɧɧɵɯ ɠɟɧɳɢɧ ɫ ɚɧɟɦɢɟɣ ȼɨ ɜɬɨɪɨɣ ɝɪɭɩɩɟ ɞɨɫɬɨɜɟɪɧɵɣ ɩɪɢɪɨɫɬ ɝɟɦɨɝɥɨɛɢɧɚ ɛɵɥ ɨɬɦɟɱɟɧ ɭ ɢɡ ɠɟɧɳɢɧ ȼ ɬɪɟɬɶɟɣ ɝɪɭɩɩɟ ɩɨɥɨɠɢɬɟɥɶɧɵɣ ɨɬɜɟɬ ɧɚ ɜɜɟɞɟɧɢɟ ɪɱ ɗɉɈ ɛɵɥ ɩɨɥɭɱɟɧ ɭ ɢɡ ɛɟɪɟɦɟɧɧɵɯ ɉɪɢ ɫɪɚɜɧɢɬɟɥɶɧɨɦ ɚɧɚɥɢɡɟ ɩɨɥɭɱɟɧɧɵɯ ɞɚɧɧɵɯ ɜ ɡɚɜɢɫɢɦɨɫɬɢ ɨɬ ɭɪɨɜɧɹ ɷɧɞɨɝɟɧɧɨɝɨ ɷɪɢɬɪɨɩɨɷɬɢɧɚ ɭɫɬɚɧɨɜɥɟɧɨ ɱɬɨ ɜ ɝɪɭɩɩɟ ɠɟɧɳɢɧ ɫ ɢɫɯɨɞɧɵɦ ɭɪɨɜɧɟɦ ɷɧɞɨɝɟɧɧɨɝɨ ɗɉɈ ɧɢɠɟ Ɇȿ ɥ ɷɮɮɟɤɬ ɪɱɗɉɈ ɬɟɪɚɩɢɢ ɛɵɥ ɦɚɤɫɢɦɚɥɶɧɵɦ ȼɵɜɨɞɵ ɉɨɥɨɠɢɬɟɥɶɧɵɣ ɨɬɜɟɬ ɧɚ ɥɟɱɟɧɢɟ ɚɧɟɦɢɢ ɛɟɪɟɦɟɧɧɵɯ ɷɩɨɤɪɢɧɨɦ ɛɨɥɟɟ ɜɵɪɚɠɟɧ ɩɪɢ ɩɪɢɦɟɧɟɧɢɢ ɟɝɨ ɜ ɞɨɡɚɯ Ɇȿ ɤɝ ɉɪɢ ɩɪɨɝɧɨɡɢɪɨɜɚɧɢɢ ɷɮɮɟɤɬɢɜɧɨɫɬɢ ɪɱɗɉɈ ɬɟɪɚɩɢɢ ɧɟɨɛɯɨɞɢɦɨ ɭɱɢɬɵɜɚɬɶ ɢɫɯɨɞɧɵɣ ɭɪɨɜɟɧɶ ɷɧɞɨɝɟɧɧɨɝɨ ɷɪɢɬɪɨɩɨɷɬɢɧɚ ɜ ɫɵɜɨɪɨɬɤɟ ɤɪɨɜɢ ɛɟɪɟɦɟɧɧɨɣ ɠɟɧɳɢɧɵ ɫ ɚɧɟɦɢɟɣ ()),&,(1&< 2) 9$5,286 '26$*( 6&+('8/(6 2) 5(&20%,1$17 +80$1 (5<7+5232,(7,1 )25 75($70(17 2) $1(0,$ ,1 35(*1$1&< ( 9 .OLPRYVND\D 6FLHQWL¿F $GYLVRUV ± 3URI 9 * 'HPLNKRY 3URI , 0 0LURY )HGHUDO &OLQLFDO 5HVHDUFK &HQWUH IRU 3HGLDWULF +HPDWRORJ\ 2QFRORJ\ DQG ,PPXQRORJ\ 5\D]DQ 5XVVLD 2SWLPDO GRVHV DQG GRVDJH VFKHGXOH RI UHFRPELQDQW KXPDQ HU\WKURSRLHWLQ UK(32 IRU WKH WUHDWPHQW RI DQHPLD LQ SUHJQDQF\ DUHQ¶W GHYHORSHG VWLOO $LP WR HVWLPDWH HI¿FLHQF\ RI YDULRXV GRVDJH VFKHGXOHV RI UK(32 IRU WUHDWPHQW RI DQHPLD LQ SUHJQDQF\ 0DWHULDO DQG PHWKRGV ,Q WKH UHVHDUFK ZRPHQ ZHUH LQFOXGHG ZKLFK KDYH KDG D GXUDWLRQ RI JHVWDWLRQ IURP WLOO ZHHNV ZLWK KHPRJORELQ OHYHOV +E J O DQG ORZHU DQG KDYH QRW DQVZHUHG RQ SHU RUDO LURQ WKHUDS\ GXULQJ ZHHNV 0HDQ OHYHO +E EHIRUH WKH WKHUDS\ ZDV J O J O :H KDYH XVHG UHFRPELQDQW KXPDQ HU\WKURSRLHWLQ ± (SRNULQ 6W 3HWHUVEXUJ $OO SUHJQDQW ZRPHQ KDYH EHHQ GLYLGHG WR WKUHH JURXSV GHSHQGLQJ RQ WKH GRVDJH VFKHGXOH RI UK(32 JURXS ± RQ 0( .* HYHU\ RWKHU GD\ JURXS ± RQ 0( .* HYHU\ RWKHU GD\ JURXS ± RQ 0( .* WZR WLPHV D ZHHN 3UHSDUDWLRQ LQMHFWHG VXEFXWDQHRXVO\ IURP WR LQWURGXFWLRQV 5HVXOWV LQ WKH ¿UVW JURXS WDUJHW OHYHO RI +E KDV EHHQ UHDFKHG DW IURP SUHJQDQW ZRPHQ ZLWK DQ DQHPLD ,Q WKH VHFRQG JURXS WKH DXWKHQWLF JDLQ RI KHPRJORELQ KDV EHHQ QRWHG DW IURP ZRPHQ ,Q WKH WKLUG JURXS WKH DI¿UPDWLYH UHSO\ RQ LQWURGXFWLRQ RI UK(32 KDV EHHQ UHFHLYHG DW IURP SUHJQDQW ZRPHQ $W WKH FRPSDUDWLYH DQDO\VLV RI WKH UHFHLYHG GDWD GHSHQGLQJ RQ OHYHO RI HQGRJHQRXV HU\WKURSRHWLQ ZH KDYH HVWDEOLVKHG WKDW LQ JURXS RI ZRPHQ ZLWK LQLWLDO OHYHO RI HQGRJHQRXV HU\WKURSRLHWLQ EHORZ 0( / HIIHFW RI UK(32 WKHUDS\ ZDV PD[LPXP &RQFOXVLRQV $SSOLFDWLRQ RI UK(32 LQ GRVH 0( NJ HYHU\ RWKHU GD\ LV PRUH RSWLPDO GRVDJH VFKHGXOH IRU WUHDWPHQW RI DQH-

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ȼɈɁɆɈɀɇɈɋɌɖ ɉɊɈȽɇɈɁɂɊɈȼȺɇɂə ɊɂɋɄȺ ɊɈɀȾȿɇɂə ɊȿȻȿɇɄȺ ɋ ɋɂɇȾɊɈɆɈɆ ȾȺɍɇȺ ȼ ȼ Ȼɚɛɚɹɧ ɇɚɭɱɧɵɣ ɪɭɤɨɜɨɞɢɬɟɥɶ ± ɩɪɨɮ Ⱥ Ɏ ȼɢɧɨɝɪɚɞɨɜ Ɍɜɟɪɫɤɚɹ ɝɨɫɭɞɚɪɫɬɜɟɧɧɚɹ ɦɟɞɢɰɢɧɫɤɚɹ ɚɤɚɞɟɦɢɹ Ɋɨɫɫɢɹ

ȼ ɩɨɫɥɟɞɧɢɟ ɝɨɞɵ ɩɨɥɭɱɢɥɨ ɲɢɪɨɤɨɟ ɪɚɫɩɪɨɫɬɪɚɧɟɧɢɟ ɥɟɱɟɧɢɟ ɛɟɫɩɥɨɞɢɹ ɦɟɬɨɞɚɦɢ ɜɫɩɨɦɨɝɚɬɟɥɶɧɵɯ ɪɟɩɪɨɞɭɤɬɢɜɧɵɯ ɬɟɯɧɨɥɨɝɢɣ Ɉɛɳɟɩɪɢɡɧɚɧɨ ɱɬɨ ɨɞɧɢɦ ɢɡ ɜɚɠɧɟɣɲɢɯ ɮɚɤɬɨɪɨɜ ɭɫɩɟɲɧɨɝɨ ɩɪɨɜɟɞɟɧɢɹ ɷɤɫɬɪɚɤɨɪɩɨɪɚɥɶɧɨɝɨ ɨɩɥɨɞɨɬɜɨ-

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01-76 ɋɈɐɂȺɅɖɇɈ ȻɂɈɅɈȽɂɑȿɋɄȺə ɏȺɊȺɄɌȿɊɂɋɌɂɄȺ ɀȿɇɓɂɇ ɋ ɇȿȼɕɇȺɒɂȼȺɇɂȿɆ ȻȿɊȿɆȿɇɇɈɋɌɂ ȼ ȻȿɅȽɈɊɈȾɋɄɈɃ ɈȻɅȺɋɌɂ Ⱥ ɘ ɂɜɚɧɨɜɚ ɋ ɉ ɉɚɯɨɦɨɜ Ɉ ɉ Ʌɟɛɟɞɟɜɚ Ɂ Ɇ Ʌɟɞɨɜɫɤɚɹ ɇɚɭɱɧɵɣ ɪɭɤɨɜɨɞɢɬɟɥɶ ± ɩɪɨɮ ɋ ɉ ɉɚɯɨɦɨɜ Ȼɟɥɝɨɪɨɞɫɤɢɣ ɝɨɫɭɞɚɪɫɬɜɟɧɧɵɣ ɭɧɢɜɟɪɫɢɬɟɬ Ɋɨɫɫɢɹ

01-77 ɍɅɖɌɊȺɁȼɍɄɈȼɈȿ ɂɋɋɅȿȾɈȼȺɇɂȿ ɇɂɀɇȿȽɈ ɆȺɌɈɑɇɈȽɈ ɋȿȽɆȿɇɌȺ ɍ ȻȿɊȿɆȿɇɇɕɏ ɀȿɇɓɂɇ ɂ ȼ Ȼɵɱɤɨɜ ɋ ȼ ɒɚɦɚɪɢɧ ɇɚɭɱɧɵɣ ɪɭɤɨɜɨɞɢɬɟɥɶ ± ɞ ɦ ɧ ɩɪɨɮ ȼ ɂ Ȼɵɱɤɨɜ ȼɨɪɨɧɟɠɫɤɚɹ ɝɨɫɭɞɚɪɫɬɜɟɧɧɚɹ ɦɟɞɢɰɢɧɫɤɚɹ ɚɤɚɞɟɦɢɹ ɢɦ ɇ ɇ Ȼɭɪɞɟɧɤɨ Ɋɨɫɫɢɹ

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ǪȍșȚȕȐȒ ǸǫǴǻ ǹȗȍȞȐȈȓȤȕȣȑ ȊȣȗțșȒ ȹ ɋɬɚɜɪɨɩɨɥɶɫɤɚɹ ɝɨɫɭɞɚɪɫɬɜɟɧɧɚɹ ɦɟɞɢɰɢɧɫɤɚɹ ɚɤɚɞɟɦɢɹ Ɋɨɫɫɢɹ Ƚɟɫɬɨɡ Ƚ ± ɨɞɧɚ ɢɡ ɜɟɞɭɳɢɯ ɩɪɢɱɢɧ ɦɚɬɟɪɢɧɫɤɨɣ ɡɚɛɨɥɟɜɚɟɦɨɫɬɢ ɢ ɫɦɟɪɬɧɨɫɬɢ ɋɚɦɵɣ ɷɮɮɟɤɬɢɜɧɵɣ ɦɟɬɨɞ ɥɟɱɟɧɢɹ Ƚ ± ɪɨɞɨɪɚɡɪɟɲɟɧɢɟ ɧɟɪɟɞɤɨ ɷɬɨ ɨɩɟɪɚɰɢɹ ɤɟɫɚɪɟɜɚ ɫɟɱɟɧɢɹ ɈɄɋ ɐɟɥɶɸ ɪɚɛɨɬɵ ɹɜɢɥɨɫɶ ɜɵɹɜɥɟɧɢɟ ɦɟɫɬɚ Ƚ ɜ ɩɟɪɜɭɸ ɨɱɟɪɟɞɶ ɟɝɨ ɬɹɠɟɥɵɯ ɮɨɪɦ ɌȽ ɜ ɫɬɪɭɤɬɭɪɟ ɫɨɜɪɟɦɟɧɧɵɯ ɩɨɤɚɡɚɧɢɣ ɤ ɈɄɋ Ɂɚɞɚɱɢ ɂɡɭɱɟɧɢɟ ɷɩɢɞɟɦɢɨɥɨɝɢɢ Ƚ ȼɵɹɜɥɟɧɢɟ ɱɚɫɬɨɬɵ ɢ ɯɚɪɚɤɬɟɪɚ ɨɫɥɨɠɧɟɧɢɣ ɩɪɢ ɌȽ Ɉɩɪɟɞɟɥɟɧɢɟ ɨɫɧɨɜɧɵɯ ɩɨɤɚɡɚɧɢɣ ɤ ɈɄɋ ɩɪɢ ɌȽ Ɇɚɬɟɪɢɚɥɵ ɢ ɦɟɬɨɞɵ Ɋɚɛɨɬɚ ɩɪɨɜɟɞɟɧɚ ɧɚ ɛɚɡɟ ɋɬɚɜɪɨɩɨɥɶɫɤɨɝɨ ɤɪɚɟɜɨɝɨ ɤɥɢɧɢɱɟɫɤɨɝɨ ɩɟɪɢɧɚɬɚɥɶɧɨɝɨ ɰɟɧɬɪɚ ȼ ɪɟɬɪɨɫɩɟɤɬɢɜɧɨɦ ɩɨɪɹɞɤɟ ɨɛɪɚɛɨɬɚɧɵ ɢɫɬɨɪɢɢ ɪɨɞɨɜ ɩɚɰɢɟɧɬɨɤ ɪɨɞɨɪɚɡɪɟɲɟɧɧɵɯ ɩɭɬɟɦ ɈɄɋ ɜ ɝɨɞɭ ɉɨɥɭɱɟɧɧɵɟ ɪɟɡɭɥɶɬɚɬɵ ɨɛɳɟɟ ɤɨɥɢɱɟɫɬɜɨ ɈɄɋ ɫɨɫɬɚɜɢɥɨ ɌȽ ɛɵɥ ɩɨɤɚɡɚɧɢɟɦ ɜ ɫɥɭɱɚɹɯ ɑɟɪɟɡ ɟɫɬɟɫɬɜɟɧɧɵɟ ɪɨɞɨɜɵɟ ɩɭɬɢ ȿɊɉ ɪɨɞɨɪɚɡɪɟɲɟɧɵ ɠɟɧɳɢɧ ɫ ɌȽ Ɉɫɧɨɜɧɨɟ ɩɨɤɚɡɚɧɢɟ ɤ ɈɄɋ ± ɫɨɱɟɬɚɧɢɟ ɌȽ ɢ ɞɟɤɨɦɩɟɧɫɢɪɨɜɚɧɧɨɣ ɯɪɨɧɢɱɟɫɤɨɣ ɮɟɬɨɩɥɚɰɟɧɬɚɪɧɨɣ ɧɟɞɨɫɬɚɬɨɱɧɨɫɬɢ ɏɎɉɇ ± ± ɨɬɪɢɰɚɬɟɥɶɧɚɹ ɞɢɧɚɦɢɤɚ ɜ ɬɟɱɟɧɢɢ ɌȽ ɢ ɨɬɫɭɬɫɬɜɢɟ ɭɫɥɨɜɢɣ ɞɥɹ ɛɵɫɬɪɨɝɨ ɪɨɞɨɪɚɡɪɟɲɟɧɢɹ ɱɟɪɟɡ ȿɊɉ ɋɪɟɞɧɹɹ ɢɧɬɪɚɨɩɟɪɚɰɢɨɧɧɚɹ ɤɪɨɜɨɩɨɬɟɪɹ ɂɄ ± ɦɥ ± ɭɤɥɚɞɵɜɚɟɬɫɹ ɜ ɞɨɩɭɫɬɢɦɵɟ ɧɨɪɦɵ ɨɞɧɚɤɨ ɜ ɫɥɭɱɚɹɯ ɂɄ ɫɨɫɬɚɜɢɥɚ ɨɛɴɟɦɚ ɰɢɪɤɭɥɢɪɭɸɳɟɣ ɤɪɨɜɢ ɂɄ ɛɵɥɨ ɨɛɭɫɥɨɜɥɟɧɨ ɝɢɩɨɬɨɧɢɟɣ ɦɚɬɤɢ ɢ ɪɚɡɜɢɜɲɢɦɫɹ Ⱦȼɋ ɫɢɧɞɪɨɦɨɦ ɉɟɪɟɜɹɡɤɚ ɜɧɭɬɪɟɧɧɢɯ ɩɨɞɜɡɞɨɲɧɵɯɚɪɬɟɪɢɣ ɉȼɉȺ ɜɵɩɨɥɧɹɥɚɫɶ ɜ ɫɥɭɱɚɟɜ ȼɧɭɬɪɢɛɪɸɲɧɨɟ ɤɪɨɜɨɬɟɱɟɧɢɟ ɜ ɪɚɧɧɟɦ ɩɨɫɥɟɨɩɟɪɚɰɢɨɧɧɨɦ ɩɟɪɢɨɞɟ ɜɫɥɟɞɫɬɜɢɟ Ⱦȼɋ ɫɢɧɞɪɨɦɚ ɛɵɥɨ ɜ ɫɥɭɱɚɟ ɢ ɩɨɬɪɟɛɨɜɚɥɨ ɝɢɫɬɟɪɷɤɬɨɦɢɢ Ɇɚɬɨɱɧɨɟ ɤɪɨɜɨɬɟɱɟɧɢɟ ɫɦɟɲɚɧɧɨɝɨ ɝɟɧɟɡɚ ɜ ɪɚɧɧɟɦ ɩɨɫɥɟɨɩɟɪɚɰɢɨɧɧɨɦ ɩɟɪɢɨɞɟ ɧɚɛɥɸɞɚɥɨɫɶ ɭ ɩɚɰɢɟɧɬɨɤ ȼɵɩɨɥɧɟɧɚ ɉȼɉȺ ɜ ɫɥɭɱɚɹɯ ɢ ɝɢɫɬɟɪɷɤɬɨɦɢɹ ɜ ɫɥɭɱɚɟ ɍ ɩɚɰɢɟɧɬɨɤɜ ɪɚɧɧɟɦ ɩɨɫɥɟɨɩɟɪɚɰɢɨɧɧɨɦ ɩɟɪɢɨɞɟ ɫɮɨɪɦɢɪɨɜɚɥɚɫɶ ɝɟɦɚɬɨɦɟɬɪɚ ɩɨ ɩɨɜɨɞɭ ɱɟɝɨ ɜɵɩɨɥɧɟɧɚ ɜɚɤɭɭɦ ɚɫɩɢɪɚɰɢɹ ȼɵɜɨɞɵ ȼ ɛɨɥɶɲɢɧɫɬɜɟ ɫɥɭɱɚɟɜ ɦɟɬɨɞ ɪɨɞɨɪɚɡɪɟɲɟɧɢɹ ɩɪɢ ɌȽ ɈɄɋ Ɉɫɧɨɜɧɵɦɢ ɩɨɤɚɡɚɧɢɹɦɢ ɤ ɈɄɋ ɩɪɢ ɌȽ ɹɜɥɹɸɬɫɹ ɨɬɫɭɬɫɬɜɢɟ ɫɬɨɣɤɨɣ ɤɨɦɩɟɧɫɚɰɢɢ ɢɥɢ ɭɯɭɞɲɟɧɢɟ ɫɨɫɬɨɹɧɢɹ ɛɟɪɟɦɟɧɧɨɣ ɜ ɩɪɨɰɟɫɫɟ ɬɟɪɚɩɢɢ ɚ ɬɚɤɠɟ ɞɟɤɨɦɩɟɧɫɢɪɨɜɚɧɧɚɹ ɏɎɉɇ 7+( 3/$&( 2) 6(9(5( 35((&/$036,$ ,1 7+( 6758&785( 2) ,1',&$7,216 )25 &(6$5($1 6(&7,21 23(5$7,21 $ $ 'XERYR\ 6FLHQWL¿F $GYLVRU ± '06FL ɊURI 9 $ $NVHQHQNR 6WDYURSRO 6WDWH 0HGLFDO $FDGHP\ 5XVVLD 3UHHFODPSVLD 3 LV RQH RI WKH PDLQ FDXVHV RI PDWHUQDO PRUELGLW\ DQG PRUWDOLW\ 7KH PRVW HI¿FLHQW PHWKRG RI WUHDWPHQW RI 3 LV GHOLYHU\ DQG IUHTXHQWO\ LW LV WKH FHVDUHDQ VHFWLRQ RSHUDWLRQ &62 7KH SXUSRVH RI WKH ZRUN ZDV GH¿QLQJ WKH SODFH RI 3 ¿UVW RI DOO RI LWV VHYHUH IRUPV 63 LQ WKH VWUXFWXUH RI WKH XS WR GDWH LQGLFDWLRQV IRU &62 7DVNV 6WXG\ RI WKH HSLGHPLRORJ\ RI 3 'H¿QLQJ WKH IUHTXHQF\ DQG WKH FKDUDFWHU RI 63 FRPSOLFDWLRQV 0DWHULDOV DQG PHWKRGV 7KH ZRUN ZDV GRQH RQ WKH EDVH RI 6WDYURSRO VWDWH FOLQLFDO SHULQDWDO FHQWUH 7KH KLVWRULHV RI SDWLHQWV ZLWK FHVDUHDQ VHFWLRQ GHOLYHULHV LQ ZHUH DQDO\]HG LQ UHWURVSHFWLYH RUGHU 7KH ¿QDO UHVXOWV WKH WRWDO TXDQWLW\ RI &62 PDGH 63 ZDV WKH LQGLFDWLRQ LQ FDVHV RI ZRPHQ ZLWK 63 KDG YDJLQDO GHOLYHU\ 9' 7KH PDLQ LQGLFDWLRQ IRU &62 ZDV WKH FRPELQDWLRQ RI 63 ZLWK GHFRPSHQVDWHG FKURQLF IHWRSODFHQWDO LQVXI¿FLHQF\ '&), ±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ǹȍȒȞȐȧ ©ǨȒțȠȍȘșȚȊȖ Ȑ ȋȐȕȍȒȖȓȖȋȐȧª ɬɨɱɧɵɯ ɤɪɨɜɨɬɟɱɟɧɢɹɯ ɩɭɛɟɪɬɚɬɧɨɝɨ ɩɟɪɢɨɞɚ Ɂɚɞɚɱɢ ɇɚɛɨɪ ɝɪɭɩɩ ɞɥɹ ɢɫɫɥɟɞɨɜɚɧɢɹ Ɉɩɟɪɟɞɟɥɟɧɢɟ ɭɪɨɜɧɹ ɳɟɥɨɱɧɨɣ ɮɨɫɮɨɬɚɡɵ ɮɟɪɪɢɬɢɧɚ ɝɟɦɨɝɥɨɛɢɧɚ ɜ ɜɨɡɪɚɫɬɟ ɨɬ ɞɨ ɥɟɬ ɨɫɧɨɜɧɚɹ ɝɪɭɩɩɚ Ʉɨɧɬɪɨɥɶɧɭɸ ɝɪɭɩɩɭ ɫɨɫɬɚɜɢɥɢ ɞɟɜɨɱɟɤ ɩɨɞɪɨɫɬɤɨɜ ɫ ɪɟɝɭɥɹɪɧɵɦ ɦɟɧɫɬɪɭɚɥɶɧɵɦ ɰɢɤɥɨɦ ɚɧɚɥɨɝɢɱɧɨɝɨ ɜɨɡɪɚɫɬɚ ȼ ɤɚɱɟɫɬɜɟ ɛɢɨɯɢɦɢɱɟɫɤɢɯ ɦɚɪɤɟɪɨɜ ɭɪɨɜɧɹ ɯɢɦɢɱɟɫɤɢɯ ɷɥɟɦɟɧɬɨɜ ɜ ɨɪɝɚɧɢɡɦɟ ɨɩɪɟɞɟɥɹɥɢ ɜ ɤɪɨɜɢ ɳɟɥɨɱɧɭɸ ɮɨɫɮɚɬɚɡɭ ɓɎ ± ɢɧɞɢɤɚɬɨɪ ɭɪɨɜɧɹ ɰɢɧɤɚ ɮɟɪɪɢɬɢɧ ɝɟɦɨɝɥɨɛɢɧ ± ɢɧɞɢɤɚɬɨɪɵ ɠɟɥɟɡɚ ɬɨɥɟɪɚɧɬɧɨɫɬɶ ɤ ɝɥɸɤɨɡɟ ± ɢɧɞɢɤɚɬɨɪ ɭɪɨɜɧɹ ɯɪɨɦɚ ɌɌȽ ɢɧɞɢɤɚɬɨɪ ɭɪɨɜɧɹ ɣɨɞɚ ɨɛɳɟɩɪɢɧɹɬɵɦɢ ɦɟɬɨɞɚɦɢ Ɉɩɪɟɞɟɥɟɧɢɟ ɝɨɪɦɨɧɨɜ ɜ ɩɟɪɢɮɟɪɢɱɟɫɤɨɣ ɫɵɜɨɪɨɬɤɟ ɤɪɨɜɢ ɩɪɨɜɨɞɢɥɢ ɦɟɬɨɞɨɦ ɢɦɦɭɧɨɮɟɪɦɟɧɬɧɨɝɨ ɚɧɚɥɢɡɚ Ɋɟɡɭɥɶɬɚɬɵ ɉɪɢ ɢɫɫɥɟɞɨɜɚɧɢɢ ɦɢɤɪɨɷɥɟɦɟɧɬɨɡɧɵɯ ɦɚɪɤɟɪɨɜ ɨɬɦɟɱɟɧɨ ɱɬɨ ɭ ɞɟɜɭɲɟɤ ɨɫɧɨɜɧɨɣ ɝɪɭɩɩɵ ɭɪɨɜɟɧɶ ɳɟɥɨɱɧɨɣ ɮɨɫɮɨɬɚɡɵ ɛɵɥ ɫɧɢɠɟɧ ɜ ɫɪɚɜɧɟɧɢɢ ɫ ɤɨɧɬɪɨɥɶɧɨɣ ɝɪɭɩɩɨɣ ȼ ɣ ɫɨɫɬɚɜɢɥ ɟɞ ɥ ȼɨ ɜɬɨɪɨɣ ɟɞ ɥ ɍɪɨɜɟɧɶ ɮɟɪɪɢɬɢɧɚ ɜ ɨɫɧɨɜɧɨɣ ɝɪɭɩɩɟ ɬɚɤɠɟ ɨɤɚɡɚɥɫɹ ɦɟɧɶɲɟ ɱɟɦ ɜ ɤɨɧɬɪɨɥɶɧɨɣ ɜ ± ɦɤɝ ɥ ɜɨ ± ɦɤɝ ɥ ɍɪɨɜɟɧɶ ɝɟɦɨɝɥɨɛɢɧɚ ɜ ɨɫɧɨɜɧɨɣ ɝɪɭɩɩɟ ɫɨɫɬɚɜɢɥ ɦɟɧɶɲɢɟ ɩɨɤɚɡɚɬɟɥɢ ɱɟɦ ɜ ɤɨɧɬɪɨɥɶɧɨɣ ɜ ± ɝ ɥ ɜɨ ± ɝ ɥ ɍ ɩɚɰɢɟɧɬɨɤ ɨɫɧɨɜɧɨɣ ɝɪɭɩɩɵ ɨɬɦɟɱɚɥɫɹ ɩɨɥɨɠɢɬɟɥɶɧɵɣ ɝɥɸɤɨɡɨɬɨɥɟɪɚɧɬɧɵɣ ɬɟɫɬ ɜ ɨɫɧɨɜɧɨɣ ɝɪɭɩɩɟ ± ɚ ɜ ɤɨɧɬɪɨɥɶɧɨɣ ± ɂɫɫɥɟɞɨɜɚɧɢɹ ɝɨɪɦɨɧɨɜ ɩɨɤɚɡɚɥɢ ɱɬɨ ɜɨɫɧɨɜɧɨɣ ɝɪɭɩɩɟɛɵɥ ɞɨɫɬɨɜɟɪɧɨ ɜɵɲɟ ɭɪɨɜɟɧɶ ɅȽ ɩɪɢ ɛɨɥɟɟ ɧɢɡɤɨɦ ɎɋȽ ɅȽ ɜ ɨɫɧɨɜɧɨɣ ɝɪɭɩɩɟ Ɇȿ ɥ ɚ ɜ ɤɨɧɬɪɨɥɶɧɨɣ Ɇȿ ɥ ɎɋȽ ± ɜ ɨɫɧɨɜɧɨɣ ɝɪɭɩɩɟ Ɇȿ ɥ Ɇȿ ɥ ɋɨɞɟɪɠɚɧɢɟ ɩɪɨɝɟɫɬɟɪɨɧɚ ɜ ɨɫɧɨɜɧɨɣ ɝɪɭɩɩɟ ɨɤɚɡɚɥɨɫɶ ɞɨɫɬɨɜɟɪɧɨ ɧɢɠɟ ɱɟɦ ɜ ɤɨɧɬɪɨɥɶɧɨɣ ± ɧɦɨɥɶ ɥ ɜɨ ± ɧɦɨɥɶ ɥ ɋɧɢɠɟɧɢɟ ɭɪɨɜɧɹ ɤɨɪɬɢɡɨɥɚ ɜ ɨɫɧɨɜɧɨɣ ɝɪɭɩɩɟ ɭɤɚɡɵɜɚɥɨ ɧɚ ɩɪɢɡɧɚɤɢ ɞɟɡɚɞɚɩɬɢɪɨɜɚɧɧɨɫɬɢ ɷɬɨɝɨ ɤɨɧɬɢɧɝɟɧɬɚ ɨɛɫɥɟɞɭɟɦɵɯ ɜ ɣ ɧɦɨɥɶ ɥ ɜɨ ɣ ɧɦɨɥɶ ɥ ȼɵɜɨɞɵ ɉɪɨɜɟɞɟɧɧɵɟ ɢɫɫɥɟɞɨɜɚɧɢɹ ɩɨɤɚɡɵɜɚɸɬ ɱɬɨ ɩɪɢ ɦɚɬɨɱɧɵɯ ɤɪɨɜɨɬɟɱɟɧɢɹɯ ɩɭɛɟɪɬɚɬɧɨɝɨ ɩɟɪɢɨɞɚ ɧɟɨɛɯɨɞɢɦɨ ɩɪɨɜɨɞɢɬɶ ɛɢɨɧɟɨɪɝɚɧɢɱɟɫɤɭɸ ɞɢɚɝɧɨɫɬɢɤɭ ɚ ɩɪɨɮɢɥɚɤɬɢɤɭ ɢ ɥɟɱɟɧɢɟ ɩɪɨɜɨɞɢɬɶ ɧɚ ɮɨɧɟ ɤɨɪɪɟɤɰɢɢ ɦɢɤɪɨɷɥɟɦɟɧɬɨɡɨɜ ɫ ɩɪɢɦɟɧɟɧɢɟɦ ɜɢɬɚɦɢɧɧɨ ɦɢɧɟɪɚɥɶɧɵɯ ɤɨɦɩɥɟɤɫɨɜ 01-152 ɉɋɂɏɈɅɈȽɂɑȿɋɄȺə ɂ ɉɋɂɏɈɎɂɁɂɈɅɈȽɂɑȿɋɄȺə ɏȺɊȺɄɌȿɊɂɋɌɂɄȺ ȻȿɊȿɆȿɇɇɕɏ ȽɊɍɉɉ ɊɂɋɄȺ ɇȺɉɊȺȼɅȿɇɇɕɏ ȾɅə ɊȿȺȻɂɅɂɌȺɐɂɂ ȼ ɋȺɇȺɌɈɊɂɃ Ʌ Ɋ ɋɚɮɢɭɥɥɢɧɚ ɇɚɭɱɧɵɣ ɪɭɤɨɜɨɞɢɬɟɥɶ ± ɩɪɨɮ ɘ ȿ Ɇɢɤɭɫɟɜ Ʉɚɡɚɧɫɤɢɣ ɝɨɫɭɞɚɪɫɬɜɟɧɧɵɣ ɦɟɞɢɰɢɧɫɤɢɣ ɭɧɢɜɟɪɫɢɬɟɬ Ɋɨɫɫɢɹ ɐɟɥɶ ± ɢɡɭɱɢɬɶ ɷɦɨɰɢɨɧɚɥɶɧɨ ± ɚɮɮɟɤɬɢɜɧɵɟ ɯɚɪɚɤɬɟɪɨɥɨɝɢɱɟɫɤɢɟ ɢ ɩɫɢɯɨɮɢɡɢɨɥɨɝɢɱɟɫɤɢɟ ɨɫɨɛɟɧɧɨɫɬɢ ɛɟɪɟɦɟɧɧɵɯ ɝɪɭɩɩ ɪɢɫɤɚ ɧɚɩɪɚɜɥɟɧɧɵɯ ɞɥɹ ɪɟɚɛɢɥɢɬɚɰɢɢ ɜ ɫɚɧɚɬɨɪɢɣ Ɉɛɫɥɟɞɨɜɚɧɨ ɛɟɪɟɦɟɧɧɵɯ ɫɚɧ ɣ Ʌɢɜɚɞɢɹ Ɍɚɬɚɪɫɬɚɧ ɜ ɜɨɡɪɚɫɬɟ ± ɥɟɬ ɫ ɭɝɪɨɡɨɣ ɩɪɟɠɞɟɜɪɟɦɟɧɧɨɝɨ ɩɪɟɪɵɜɚɧɢɹ ɛɟɪɟɦɟɧɧɨɫɬɢ ɋɪɟɞɧɹɹ ɩɪɨɞɨɥɠɢɬɟɥɶɧɨɫɬɶ ɛɟɪɟɦɟɧɧɨɫɬɢ ± ɧɟɞ ɂɫɩɨɥɶɡɭɹ ɚɩɩɚɪɚɬɧɨ ɩɪɨɝɪɚɦɦɧɵɣ ɤɨɦɩɥɟɤɫ ©ɇɋ ɉɫɢɯɨɌɟɫɬª ɢɫɫɥɟɞɨɜɚɥɢ ɩɫɢɯɨɥɨɝɢɱɟɫɤɢɟ ɩɚɦɹɬɶ ɧɚ ɱɢɫɥɚ ɢ ɨɛɪɚɡɵ ɤɪɚɫɧɨ ɱɟɪɧɵɟ ɬɚɛɥɢɰɵ ɒɭɥɶɬɟ ɨɩɪɨɫɧɢɤɢ ɋɦɢɲɟɤɚ ɢ ɋɩɢɥɛɟɪɝɚ ɬɟɫɬ Ʌɸɲɟɪɚ ɢ ɩɫɢɯɨɮɢɡɢɨɥɨɝɢɱɟɫɤɢɟ ɩɚɪɚɦɟɬɪɵ ɩɪɨɫɬɚɹ ɡɪɢɬɟɥɶɧɨ ɦɨɬɨɪɧɚɹ ɪɟɚɤɰɢɹ ɪɟɚɤɰɢɢ ɧɚ ɞɜɢɠɭɳɢɣɫɹ ɨɛɴɟɤɬ ɢ ɪɚɡɥɢɱɟɧɢɹ ɩɨɦɟɯɨɭɫɬɨɣɱɢɜɨɫɬɶ ɤɪɢɬɢɱɟɫɤɚɹ ɱɚɫɬɨɬɚ ɫɜɟɬɨɜɵɯ ɦɟɥɶɤɚɧɢɣ Ȼɟɪɟɦɟɧɧɵɟ ɩɨɞɪɚɡɞɟ-

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02-61 ɇɍɀɇȺ Ʌɂ ɄȺɊȾɂɈɉɅȿȽɂə ɉɊɂ ɈɉȿɊȺɐɂɂ ɉɊəɆɈɃ ɊȿȼȺɋɄɍɅəɊɂɁȺɐɂɂ ɆɂɈɄȺɊȾȺ" Ⱥ Ⱥ Ʌɨɯɧɟɜ ɇɚɭɱɧɵɣ ɪɭɤɨɜɨɞɢɬɟɥɶ ± ɞ ɦ ɧ ɩɪɨɮ Ⱥ Ʌ Ʌɟɜɢɬ ɍɪɚɥɶɫɤɚɹ ɝɨɫɭɞɚɪɫɬɜɟɧɧɚɹ ɦɟɞɢɰɢɧɫɤɚɹ ɚɤɚɞɟɦɢɹ ȿɤɚɬɟɪɢɧɛɭɪɝ Ɋɨɫɫɢɹ ɐɟɥɶɸ ɞɚɧɧɨɝɨ ɢɫɫɥɟɞɨɜɚɧɢɹ ɹɜɥɹɟɬɫɹ ɢɡɭɱɟɧɢɟ ɜɨɡɦɨɠɧɨɫɬɢ ɩɪɨɜɟɞɟɧɢɹ ɢɫɤɭɫɫɬɜɟɧɧɨɝɨ ɤɪɨɜɨɨɛɪɚɳɟɧɢɹ ɛɟɡ ɤɚɪɞɢɨɩɥɟɝɢɢ ɜɨ ɜɪɟɦɹ ɨɩɟɪɚɰɢɢ ȺɆɄɒ ɭ ɩɚɰɢɟɧɬɨɜ ɫ ɧɢɡɤɨɣ ɮɪɚɤɰɢɟɣ ɜɵɛɪɨɫɚ ɥɟɜɨɝɨ ɠɟɥɭɞɨɱɤɚ ɉɨɫɥɟ ɨɞɨɛɪɟɧɢɹ ɷɬɢɱɟɫɤɨɝɨ ɤɨɦɢɬɟɬɚ ɩɚɰɢɟɧɬɚ ɫɪɟɞɧɢɣ ɜɨɡɪɚɫɬ ± ɥɟɬ ɫ Ɏȼ ɤɨɬɨɪɵɦ ɩɪɟɞɫɬɨɹɥɚ ɨɩɟɪɚɰɢɹ ɩɪɹɦɨɣ ɪɟɜɚɫɤɭɥɹɪɢɡɚɰɢɢ ɦɢɨɤɚɪɞɚ ɛɵɥɢ ɜɤɥɸɱɟɧɵ ɜ ɢɫɫɥɟɞɨɜɚɧɢɟ Ⱦɥɹ ɩɨɞɞɟɪɠɚɧɢɹ ɫɬɚɛɢɥɶɧɨɣ ɝɟɦɨɞɢɧɚɦɢɤɢ ɜɨ ɜɪɟɦɹ ɨɩɟɪɚɰɢɢ ɚ ɬɚɤɠɟ ɞɥɹ ɭɦɟɧɶɲɟɧɢɹ ɧɟɛɥɚɝɨɩɪɢɹɬɧɵɯ ɷɮɮɟɤɬɨɜ ɩɟɪɟɠɚɬɢɹ ɚɨɪɬɵ ɢ ɤɚɪɞɢɨɩɥɟɝɢɢ ɨɩɟɪɚɰɢɢ ɭ ɷɬɢɯ ɛɨɥɶɧɵɯ ɜɵɩɨɥɧɹɥɢɫɶ ɧɚ ɪɚɛɨɬɚɸɳɟɦ ɫɟɪɞɰɟ ɫ ɩɚɪɚɥɥɟɥɶɧɵɦ ɢɫɤɭɫɫɬɜɟɧɧɵɦ ɤɪɨɜɨɨɛɪɚɳɟɧɢɟɦ ȼ ɢɧɬɪɚ ɢ ɩɨɫɥɟɨɩɟɪɚɰɢɨɧɧɨɦ ɩɟɪɢɨɞɚɯ ɩɪɨɜɨɞɢɥɢɫɶ ɨɛɳɟɤɥɢɧɢɱɟɫɤɢɟ ɢ ɥɚɛɨɪɚɬɨɪɧɵɟ ɦɟɬɨɞɵ ɢɫɫɥɟɞɨɜɚɧɢɹ ɷɥɟɤɬɪɨɤɚɪɞɢɨɝɪɚɮɢɹ ɤɨɪɨɧɚɪɨɚɧɝɢɨɝɪɚɮɢɹ ɷɯɨɤɚɪɞɢɨɝɪɚɮɢɹ ɨɰɟɧɢɜɚɥɚɫɶ ɰɟɧɬɪɚɥɶɧɚɹ ɝɟɦɨɞɢɧɚɦɢɤɚ ɦɟɬɨɞɨɦ ɬɟɪɦɨɞɢɥɸɰɢɢ ɧɚ ɪɚɡɧɵɯ ɷɬɚɩɚɯ ɢ ɞɢɧɚɦɢɤɚ ɛɢɨɦɚɪɤɟɪɨɜ ɩɨɜɪɟɠɞɟɧɢɹ ɦɢɨɤɚɪɞɚ ȼ ɯɨɞɟ ɢɫɫɥɟɞɨɜɚɧɢɹ ɛɵɥɢ ɩɨɥɭɱɟɧɵ ɫɥɟɞɭɸɳɢɟ ɪɟɡɭɥɶɬɚɬɵ ɜ ɩɨɫɥɟɨɩɟɪɚɰɢɨɧɧɨɦ ɩɟɪɢɨɞɟ ɨɬɦɟɱɚɥɨɫɶ ɭɜɟɥɢɱɟɧɢɟ ɫɟɪɞɟɱɧɨɝɨ ɢɧɞɟɤɫɚ ɚ ɫɥɟɞɨɜɚɬɟɥɶɧɨ ɢ ɢɧɞɟɤɫɚ ɞɨɫɬɚɜɤɢ ɤɢɫɥɨɪɨɞɚ ɍ ɩɚɰɢɟɧɬɨɜ ɜ ɩɨɫɥɟɨɩɟɪɚɰɢɨɧɧɨɦ ɩɟɪɢɨɞɟ ɩɨɬɪɟɛɧɨɫɬɢ ɜ ɚɞɪɟɧɨɦɢɦɟɬɢɱɟɫɤɨɣ ɩɨɞɞɟɪɠɤɟ ɧɟ ɛɵɥɨ Ⱥɧɚɥɢɡ ɗɄȽ ɢ ɞɢɧɚɦɢɤɚ ɛɢɨɦɚɪɤɟɪɨɜ ɩɨɜɪɟɠɞɟɧɢɹ ɜ ɩɨɫɥɟɨɩɟɪɚɰɢɨɧɧɨɦ ɩɟɪɢɨɞɟ ɫɜɢɞɟɬɟɥɶɫɬɜɨɜɚɥɢ ɨɛ ɨɬɫɭɬɫɬɜɢɢ ɩɨɜɪɟɠɞɟɧɢɹ ɦɢɨɤɚɪɞɚ Ⱦɥɢɬɟɥɶɧɨɫɬɶ ɩɪɟɛɵɜɚɧɢɹ ɷɬɢɯ ɛɨɥɶɧɵɯ ɜ ɈɊɂɌ ɫɨɫɬɚɜɢɥɚ ɱ ɜ ɫɬɚɰɢɨɧɚɪɟ ± ɞɧɟɣ Ƚɨɫɩɢɬɚɥɶɧɨɣ ɥɟɬɚɥɶɧɨɫɬɢ ɜ ɢɫɫɥɟɞɭɟɦɨɣ ɝɪɭɩɩɟ ɧɟ ɡɚɪɟɝɢɫɬɪɢɪɨɜɚɧɨ Ɍɚɤɢɦ ɨɛɪɚɡɨɦ ɪɟɜɚɫɤɭɥɹɪɢɡɚɰɢɹ ɦɢɨɤɚɪɞɚ ɜ ɭɫɥɨɜɢɹɯ ɢɫɤɭɫɫɬɜɟɧɧɨɝɨ ɤɪɨɜɨɨɛɪɚɳɟɧɢɹ ɛɟɡ ɤɚɪɞɢɨɩɥɟɝɢɢ ɫɩɨɫɨɛɫɬɜɭɟɬ ɭɥɭɱɲɟɧɢɸ ɩɨɤɚɡɚɬɟɥɟɣ ɰɟɧɬɪɚɥɶɧɨɣ ɝɟɦɨɞɢɧɚɦɢɤɢ ɢ ɹɜɥɹɟɬɫɹ ɧɚɞɟɠɧɵɦ ɫɩɨɫɨɛɨɦ ɩɨɞɞɟɪɠɚɧɢɹ ɝɟɦɨɞɢɧɚɦɢɤɢ ɜɨ ɜɪɟɦɹ ɨɩɟɪɚɰɢɢ ɭ ɛɨɥɶɧɵɯ ɫ ɧɢɡɤɢɦɢ ɮɭɧɤɰɢɨɧɚɥɶɧɵɦɢ ɪɟɡɟɪɜɚɦɢ ɦɢɨɤɚɪɞɚ ɍɪɨɜɟɧɶ ɜɵɫɨɤɨɫɩɟɰɢɮɢɱɧɵɯ ɮɟɪɦɟɧɬɨɜ ɩɨɜɪɟɠɞɟɧɢɹ ɦɢɨɤɚɪɞɚ ɢ ɞɚɧɧɵɟ ɗɄȽ ɞɨɤɚɡɵɜɚɸɬ ɷɮɮɟɤɬɢɜɧɨɫɬɶ ɢ ɛɟɡɨɩɚɫɧɨɫɬɶ ɷɬɨɝɨ ɦɟɬɨɞɚ ,6 &$5',23/(*,$ 1(&(66$5< )25 &2521$5< $57(5< %<3$66 *5$)7,1*" $ $ /RNKQHY 6FLHQWL¿F $GYLVRU ± '06FL ɊURI $ / /HYLW 8UDO 6WDWH 0HGLFDO $FDGHP\ <HNDWHULQEXUJ 5XVVLD 7KH SXUSRVH RI WKH SUHVHQW SDSHU LV WR DQDO\]H WKH SRVVLELOLW\ RI DSSO\LQJ &3% ZLWKRXW FDUGLRSOHJLD GXULQJ FRURQDU\ DUWHU\ E\SDVV JUDIWLQJ &$%* LQ SDWLHQWV ZLWK ORZ OHIW YHQWULFXODU HMHFWLRQ IUDFWLRQ $IWHU DSSURYDO RI WKH +RVSLWDO (WKLFDO &RPPLWWHH SDWLHQWV () DJHG ± DYHUDJH XQGHUJRLQJ &$%* DYHUDJH GLVWDO DQDVWRPRVLV SHUIRUPHG E\ WKH VDPH WHDP RI VXUJHRQV ZHUH LQFOXGHG LQ WKH UHVHDUFK 1RUPRWKHUPLF &3% ZLWKRXW FDUGLRSOHJLD ZDV SHUIRUPHG ZLWK Į VWDW PDQDJHPHQW :H XVHG VWDQGDUG KDHPRG\QDPLF PRQLWRULQJ GXULQJ WKH SURFHGXUH 7KH UDWHV RI ELRPDUNHUV RI P\RFDUGLDO LQMXU\ ZHUH HYDOXDWHG 3RVWRSHUDWLYH WKH FDUGLDF RXWSXW ZDV LPSURYHG DQG FRQVHTXHQWO\ WKH LQGH[ RI R[\JHQ GHOLYHU\ JRW EHWWHU DV ZHOO SDWLHQWV GLGQ¶W QHHG LQ LQRWURSLF VXSSRUW DIWHU VXUJHU\ /26 LQ WKH ,&8 K LQ WKH KRVSLWDO ± GD\V 7KHUH ZDVQ¶W WKH KRVSLWDO PRUWDOLW\ LQ WKH VWXG\LQJ JURXS 7KH P\RFDUGLDO UHYDVFXODUL]DWLRQ ZLWK &3% ZLWKRXW FDUGLRSOHJLD PDLQWHQDQFHV KHPRG\QDPLF LQ SDWLHQWV ZLWK ORZ OHIW YHQWULFXODU HMHFWLRQ IUDFWLRQ /HYHO RI WKH KLJK VSHFL¿F HQ]\PHV RI P\RFDUGLDO LQMXU\ DQG UHVXOWV RI (&* SURYH WKH HIIHFWLYHQHVV RI WKHVH DSSURDFK 02-62 ɄɈɊɊȿɄɐɂə ɐȿɇɌɊȺɅɖɇɈɃ ȼȿɇɈɁɇɈɃ ɋȺɌɍɊȺɐɂɂ ɂ ȽɂɉȿɊɅȺɄɌȺɌȿɆɂɂ ɉɊɂ ɄɊɂɌɂɑȿɋɄɂɏ ɋɈɋɌɈəɇɂəɏ Ⱥ ɂ ɇɟɮɺɞɨɜɚ ɂ ȼ Ʉɨɪɲɭɧɨɜ ɇɚɭɱɧɵɣ ɪɭɤɨɜɨɞɢɬɟɥɶ ± ɚɫɫɢɫɬɟɧɬ Ⱦ ȼ Ɇɢɯɢɧ əɪɨɫɥɚɜɫɤɚɹ ɝɨɫɭɞɚɪɫɬɜɟɧɧɚɹ ɦɟɞɢɰɢɧɫɤɚɹ ɚɤɚɞɟɦɢɹ Ɋɨɫɫɢɹ ɐɟɥɶ ± ɨɰɟɧɢɬɶɩɨɤɚɡɚɬɟɥɢ 6FY2 ɥɚɤɬɚɬɚ ɢ ɦɟɬɨɞɵ ɢɯ ɤɨɪɪɟɤɰɢɢ ɫ ɩɨɡɢɰɢɣ ɰɟɥɟɧɚɩɪɚɜɥɟɧɧɨɣ ɬɟɪɚɩɢɢɭ ɝɟɦɨɞɢɧɚɦɢ-


ǹȍȒȞȐȧ ©ǨȕȍșȚȍȏȐȖȓȖȋȐȧ Ȑ ȒȘȐȚȐȟȍșȒȈȧ ȔȍȌȐȞȐȕȈª ɱɟɫɤɢ ɧɟɫɬɚɛɢɥɶɧɵɯ ɛɨɥɶɧɵɯ ɩɟɪɢɬɨɧɢɬɨɦ ɢ ɩɨɥɢɬɪɚɜɦɨɣ Ɇɚɬɟɪɢɚɥɵ ɛɨɥɶɧɵɯ 6$36 ,, ɩɨɫɥɟ ɨɩɟɪɚɰɢɢ ɩɨ ɩɨɜɨɞɭ ɪɚɫɩɪɨɫɬɪɚɧɟɧɧɨɝɨ ɩɟɪɢɬɨɧɢɬɚ Q ɢ ɫɨɱɟɬɚɧɧɨɣ ɬɪɚɜɦɵ Q ɢɦɟɸɳɢɯ ɤɥɢɧɢɱɟɫɤɢɟ ɢ ɥɚɛɨɪɚɬɨɪɧɵɟ ɩɪɢɡɧɚɤɢ ɫɢɫɬɟɦɧɨɝɨ ɜɨɫɩɚɥɢɬɟɥɶɧɨɝɨ ɨɬɜɟɬɚ ȼɫɟɦ ɩɪɨɜɨɞɢɥɚɫɶ ɪɟɫɩɢɪɚɬɨɪɧɚɹ ɩɨɞɞɟɪɠɤɚ ɫɨ ɫɬɚɛɢɥɶɧɵɦɢ ɩɨɤɚɡɚɬɟɥɹɦɢ ɍ ɜɫɟɯ ɜ ɩɨɫɥɟɨɩɟɪɚɰɢɨɧɧɨɦ ɩɟɪɢɨɞɟ ɨɬɦɟɱɚɥɚɫɶ ɚɪɬɟɪɢɚɥɶɧɚɹ ɝɢɩɨɬɟɧɡɢɹ ɪɟɮɪɚɤɬɟɪɧɚɹ ɤ ɩɪɨɜɨɞɢɦɨɣ ɢɧɮɭɡɢɨɧɧɨɣ ɬɟɪɚɩɢɢ ɫɧɢɠɟɧɢɟ 6FY2 ɝɢɩɟɪɥɚɤɬɚɬɟɦɢɹ Ȼɨɥɶɧɵɟɛɵɥɢ ɪɚɡɞɟɥɟɧɵ ɧɚ ɤɨɧɬɪɨɥɶɧɭɸ Q ɢ ɨɫɧɨɜɧɭɸ Q ɝɪɭɩɩɵ ɪɚɡɥɢɱɢɣ ɜ ɬɹɠɟɫɬɢ ɫɨɫɬɨɹɧɢɹ ɧɟ ɨɬɦɟɱɟɧɨ Ⱦɥɹ ɜɨɫɫɬɚɧɨɜɥɟɧɢɹ ɝɟɦɨɞɢɧɚɦɢɤɢ ɢ 6FY2 ɜ ɤɨɧɬɪɨɥɶɧɨɣ ɝɪɭɩɩɟ ɜɜɨɞɢɥɢ ɦɥ ɤɝ ȽɗɄ ɚ ɜ ɨɫɧɨɜɧɨɣ ɝɪɭɩɩɟ ɦɥ ɤɝ ɪɚɫɬɜɨɪ ɯɥɨɪɢɞɚ ɧɚɬɪɢɹ ȽɊ

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ɭɬɹɠɟɥɹɥɨɫɶ ɬɟɱɟɧɢɟ ɏɋɇ ɭ ɛɨɥɶɧɵɯ ɫ ɫɬ ɈȺȺɇɄ ɏɋɇ ɫ ɎɄ ɛɵɥɚ ɜ ɪɚɡɚ ɱɚɳɟ ɱɟɦ ɭ ɛɨɥɶɧɵɯ ɫɬ ɢ Ȼ ɫɬ ɈȺȺɇɄ YV YV ɫɨɨɬɜɟɬɫɬɜɟɧɧɨ S

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03-128 ȺɇȺɅɂɁ ȺɋɋɈɐɂȺɐɂɂ ɋȺɏȺɊɇɈȽɈ ȾɂȺȻȿɌȺ ɌɂɉȺ ɋ ɆɈɅȿɄɍɅəɊɇɈ ȽȿɇȿɌɂɑȿɋɄɂɆ ɆȺɊɄȿɊɈɆ $ * 71)5 ɘ ɘ ɑɭɪɧɨɫɨɜɚ Ɉ ɇ Ȼɟɥɨɭɫɨɜɚ ɇɚɭɱɧɵɣ ɪɭɤɨɜɨɞɢɬɟɥɶ ± ɩɪɨɮ Ɇ ɂ ɑɭɪɧɨɫɨɜ Ȼɟɥɝɨɪɨɞɫɤɢɣ ɝɨɫɭɞɚɪɫɬɜɟɧɧɵɣ ɭɧɢɜɟɪɫɢɬɟɬ Ɋɨɫɫɢɹ

ɐɟɥɶɸ ɧɚɲɟɝɨ ɢɫɫɥɟɞɨɜɚɧɢɹ ɹɜɢɥɨɫɶ ɢɡɭɱɟɧɢɟ ɪɚɫɩɪɨɫɬɪɚɧɟɧɧɨɫɬɢ ɮɚɤɬɨɪɨɜ ɪɢɫɤɚ ɢɲɟɦɢɱɟɫɤɨɣ ɛɨɥɟɡɧɢ ɫɟɪɞɰɚ ɂȻɋ ɭ ɛɨɥɶɧɵɯ ɫɚɯɚɪɧɵɦ ɞɢɚɛɟɬɨɦ ɋȾ ɬɢɩɚ ɉɪɨɚɧɚɥɢɡɢɪɨɜɚɧɨ ɢɫɬɨɪɢɣ ɛɨɥɟɡɧɢ ɛɨɥɶɧɵɯ ɋȾ ɩɪɨɯɨɞɢɜɲɢɯ ɫɬɚɰɢɨɧɚɪɧɨɟ ɥɟɱɟɧɢɟ ɜ ɤɚɪɞɢɨɥɨɝɢɱɟɫɤɨɦ ɨɬɞɟɥɟɧɢɢ ɦɭɧɢɰɢɩɚɥɶɧɨɣ ɤɥɢɧɢɱɟɫɤɨɣ ɛɨɥɶɧɢɰɵ ʋ ɝ Ȼɥɚɝɨɜɟɳɟɧɫɤɚ ɋɪɟɞɧɢɣ ɜɨɡɪɚɫɬ ɛɨɥɶɧɵɯ ɫɨɫɬɚɜɢɥ ɝɨɞɚ ɋɪɟɞɢ ɛɨɥɶɧɵɯ ɩɪɟɨɛɥɚɞɚɥɢ ɠɟɧɳɢɧɵ ɱɟɥɨɜɟɤɚ ± ɦɭɠɱɢɧ ɛɵɥɨ ɱɟɥɨɜɟɤ Ⱦɥɢɬɟɥɶɧɨɫɬɶ ɡɚɛɨɥɟɜɚɧɢɹ ɂȻɋ ɫɨɫɬɚɜɢɥɚ ɜ ɫɪɟɞɧɟɦ ɝɨɞɚ ɚ ɫɨɫɬɨɹɧɢɟ ɝɢɩɟɪɝɥɢɤɟɦɢɢ ɪɟɝɢɫɬɪɢɪɨɜɚɥɨɫɶ ɭ ɛɨɥɶɧɵɯ ɜ ɬɟɱɟɧɢɟ ɝɨɞɚ ɋɨɝɥɚɫɧɨ ɤɥɚɫɫɢɮɢɤɚɰɢɢ Ʉɚɧɚɞɫɤɨɣ ɚɫɫɨɰɢɚɰɢɢ ɤɚɪɞɢɨɥɨɝɨɜ ɭ ɛɨɥɶɲɢɧɫɬɜɚ ɛɨɥɶɧɵɯ ɜɵɹɜɥɹɥɚɫɶ ɫɬɚɛɢɥɶɧɚɹ ɫɬɟɧɨɤɚɪɞɢɹ ɧɚɩɪɹɠɟɧɢɹ ,, ɮɭɧɤɰɢɨɧɚɥɶɧɨɝɨ ɤɥɚɫɫɚ ȼ ɫɥɭɱɚɟɜ ɛɨɥɶɧɵɯ ɢɦɟɥɚ ɦɟɫɬɨ ɝɢɩɟɪɬɨɧɢɱɟɫɤɚɹ ɛɨɥɟɡɧɶ ɍ ɱɟɥɨɜɟɤ ɜ ɚɧɚɦɧɟɡɟ ɭɤɚɡɵɜɚɥɨɫɶ ɧɚ ɩɟɪɟɧɟɫɟɧɧɵɣ ɨɫɬɪɵɣ ɢɧɮɚɪɤɬ ɦɢɨɤɚɪɞɚ ɭ ɛɨɥɶɧɵɯ ɂȻɋ ɨɫɥɨɠɧɢɥɚɫɶ ɪɚɡɜɢɬɢɟɦ ɧɚɪɭɲɟɧɢɹɦɢ ɫɟɪɞɟɱɧɨɝɨ ɪɢɬɦɚ ɮɢɛɪɢɥɥɹɰɢɹ ɩɪɟɞɫɟɪɞɢɣ ɛɨɥɶɧɵɯ ɢɦɟɥɢ ɢɡɛɵɬɨɱɧɭɸ ɦɚɫɫɭ ɬɟɥɚ ɂɆɌ ɛɨɥɟɟ ɤɝ ɦ Ɉɠɢɪɟɧɢɟɦ ɫɬɪɚɞɚɥɢ ɦɭɠɱɢɧ ɢ ɠɟɧɳɢɧ ɂɆɌ ɛɨɥɟɟ ɤɝ ɦ Ʉɭɪɢɥɶɳɢɤɚɦɢ ɹɜɥɹɥɢɫɶ ɛɨɥɶɧɵɯ ɉɪɨɚɧɚɥɢ ɡɢɪɨɜɚɧɵ ɬɚɤɠɟ ɩɨɤɚɡɚɬɟɥɢ ɝɥɢɤɟɦɢɢ ɧɚɬɨɳɚɤ ɭ ɛɨɥɶɧɵɯ ɪɟɝɢɫɬɪɢɪɨɜɚɥɚɫɶ ɝɢɩɟɪɝɥɢɤɟɦɢɹ ɛɨɥɟɟ ɦɦɨɥɶ ɥ ɋɨɞɟɪɠɚɧɢɟ ɨɛɳɟɝɨ ɯɨɥɟɫɬɟɪɢɧɚ ɛɨɥɟɟ ɦɦɨɥɶ ɥ ɢɦɟɥɢ ɛɨɥɶɧɵɯ ɩɪɢ ɷɬɨɦ ɫɪɟɞɧɢɣ ɭɪɨɜɟɧɶ ɯɨɥɟɫɬɟɪɢɧɚ ɫɵɜɨɪɨɬɤɢ ɤɪɨɜɢ ɫɨɫɬɚɜɢɥ ɦɦɨɥɶ ɥ Ⱥɧɚɥɢɡ ɷɥɟɤɬɪɨɤɚɪɞɢɨɝɪɚɦɦ ɩɨɤɚɡɚɥ ɱɬɨ ɢɲɟɦɢɹ ɦɢɨɤɚɪɞɚ ɜɵɹɜɥɹɥɚɫɶ

ɋɚɯɚɪɧɵɣ ɞɢɚɛɟɬ ɬɢɩɚ ɋȾ ± ɷɬɨ ɯɪɨɧɢɱɟɫɤɨɟ ɡɚɛɨɥɟɜɚɧɢɟ ɨɛɭɫɥɨɜɥɟɧɧɨɟ ɭɦɟɧɶɲɟɧɢɟɦ ɱɭɜɫɬɜɢɬɟɥɶɧɨɫɬɢ ɬɤɚɧɟɣ ɨɪɝɚɧɢɡɦɚ ɱɟɥɨɜɟɤɚ ɤ ɢɧɫɭɥɢɧɭ ɏɚɪɚɤɬɟɪɧɵɦ ɩɪɨɹɜɥɟɧɢɟɦ ɫɚɯɚɪɧɨɝɨ ɞɢɚɛɟɬɚ ɹɜɥɹɟɬɫɹ ɧɚɪɭɲɟɧɢɟ ɭɝɥɟɜɨɞɧɨɝɨ ɨɛɦɟɧɚ ɫ ɧɚɪɚɫɬɚɧɢɟɦ ɭɪɨɜɧɹ ɝɥɸɤɨɡɵ ɜ ɤɪɨɜɢ ȼ ɧɚɫɬɨɹɳɟɟ ɜɪɟɦɹ ɢɡɜɟɫɬɧɨ ɱɬɨ ɜ ɩɚɬɨɝɟɧɟɡɟ ɋȾ ɝɨ ɬɢɩɚ ɜɚɠɧɟɣɲɭɸ ɪɨɥɶ ɢɝɪɚɟɬ ɨɠɢɪɟɧɢɟ ɀɢɪɨɜɚɹ ɬɤɚɧɶ ɢɝɪɚɟɬ ɧɟɦɚɥɨɜɚɠɧɭɸ ɪɨɥɶ ɜ ɪɚɡɜɢɬɢɢ ɫɢɫɬɟɦɧɨɝɨ ɜɨɫɩɚɥɟɧɢɹ ɫɬɢɦɭɥɢɪɭɹ ɫɢɧɬɟɡ ɩɪɨɜɨɫɩɚɥɢɬɟɥɶɧɵɯ ɰɢɬɨɤɢɧɨɜ ɢɧɬɟɪɥɟɣɤɢɧɨɜ ɮɚɤɬɨɪɨɜ ɧɟɤɪɨɡɚ ɨɩɭɯɨɥɢ ɐɟɥɶɸ ɧɚɲɟɝɨ ɢɫɫɥɟɞɨɜɚɧɢɹ ɹɜɥɹɟɬɫɹ ɨɰɟɧɤɚ ɩɨɥɢɦɨɪɮɢɡɦɚ ɝɟɧɚ ɪɟɰɟɩɬɨɪɚ ɮɚɤɬɨɪɚ ɧɟɤɪɨɡɚ ɨɩɭɯɨɥɢ ɝɨ ɬɢɩɚ 71)5 ɜ ɝɪɭɩɩɟ ɛɨɥɶɧɵɯ ɋȾ ɉɪɢ ɚɧɚɥɢɡɟ ɝɟɧɟɬɢɱɟɫɤɨɝɨ ɩɨɥɢɦɨɪɮɢɡɦɚ 71)5 $ * ɢɫɩɨɥɶɡɨɜɚɥɢ ȾɇɄ ɛɨɥɶɧɵɯ ɋȾ ɢ ɡɞɨɪɨɜɵɯ ɤɨɧɬɪɨɥɶ ɜɵɞɟɥɟɧɧɭɸ ɢɡ ɜɟɧɨɡɧɨɣ ɤɪɨɜɢ ɜɡɹɬɨɣ ɢɡ ɥɨɤɬɟɜɨɣ ɜɟɧɵ ɩɪɨɛɚɧɞɚ Ⱥɧɚɥɢɡ ɥɨɤɭɫɚ $ *71)5 ɨɫɭɳɟɫɬɜɥɹɥɫɹ ɦɟɬɨɞɨɦ ɞɟɬɟɤɰɢɢ 7DT0DQ ɡɨɧɞɨɜ ɫ ɩɨɦɨɳɶɸ UHDO WLPH ɉɐɊ ɑɚɫɬɨɬɵ ɚɥɥɟɥɟɣ ɢ ɝɟɧɨɬɢɩɨɜ ɩɨ ɢɡɭɱɚɟɦɨɦɭ ɥɨɤɭɫɭ ɪɚɫɩɪɟɞɟɥɢɥɢɫɶ ɫɥɟɞɭɸɳɢɦ ɨɛɪɚɡɨɦ ɭ ɛɨɥɶɧɵɯ ɋȾ Ⱥ ± * ± ȺȺ ± $* ± ** ± ɜ ɩɨɩɭɥɹɰɢɨɧɧɨɦ ɤɨɧɬɪɨɥɟ Ⱥ ± * ± ȺȺ ± $* ± ** ± ɋɬɚɬɢɫɬɢɱɟɫɤɢ ɞɨɫɬɨɜɟɪɧɵɯ ɨɬɥɢɱɢɣ ɜ ɤɨɧɰɟɧɬɪɚɰɢɢ ɚɥɥɟɥɟɣ ɢ ɝɟɧɨɬɢɩɨɜ ɜ ɫɪɚɜɧɢɜɚɟɦɵɯ ɝɪɭɩɩɚɯ ɛɨɥɶɧɵɯ ɢ ɩɨɩɭɥɹɰɢɨɧɧɨɦ ɤɨɧɬɪɨɥɟ ɧɟ ɜɵɹɜɥɟɧɨ ɪ ! Ⱦɥɹ ɢɡɭɱɟɧɧɨɝɨ ɥɨɤɭɫɚ ɜ ɝɪɭɩɩɟ ɛɨɥɶɧɵɯ ɋȾ ɢ ɜ ɩɨɩɭɥɹɰɢɨɧɧɨɣ ɜɵɛɨɪɤɟ ɷɦɩɢɪɢɱɟɫɤɨɟ ɪɚɫɩɪɟɞɟɥɟɧɢɟ ɝɟɧɨɬɢɩɨɜ ɫɨɨɬɜɟɬɫɬɜɭɟɬ ɬɟɨɪɟɬɢɱɟɫɤɢ ɨɠɢɞɚɟɦɨɦɭ ɩɪɢ ɪɚɜ-


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ǪȍșȚȕȐȒ ǸǫǴǻ ǹȗȍȞȐȈȓȤȕȣȑ ȊȣȗțșȒ ȹ 03-154 ɂɁɍɑȿɇɂȿ ɈɋɈȻȿɇɇɈɋɌȿɃ ɎɍɇɄɐɂɂ ȼɇȿɒɇȿȽɈ ȾɕɏȺɇɂə ɉɊɂ ɋȺɏȺɊɇɈɆ ȾɂȺȻȿɌȿ ɒ Ⱥ ɏɚɦɢɞɨɜɚ ɏ ɏɭɞɚɣɛɟɪɞɢɟɜɚ ə ɇɢɹɡɨɜɚ Ɇ Ɋɭɡɢɛɚɟɜɚ ɇɚɭɱɧɵɣ ɪɭɤɨɜɨɞɢɬɟɥɶ ± Ɂ ɋ ɋɚɥɨɯɢɞɞɢɧɨɜ Ⱥɧɞɢɠɚɧɫɤɢɣ ɝɨɫɭɞɚɪɫɬɜɟɧɧɵɣ ɦɟɞɢɰɢɧɫɤɢɣ ɧɫɬɢɬɭɬ ɍɡɛɟɤɢɫɬɚɧ 678'<,1* 2) )($785(6 2) )81&7,21 2) (;7(51$/ %5($7+ $7 7+( ',$%(7(6 6K Ⱥ +DPLGRYD + +XGDMEHUGLHYD <D 1L\D]RYD 0 5X]LEDHYD 6FLHQWL¿F $GYLVRU ± 3URI = 6 6DORKLGGLQRY $QGL]KDQ 6WDWH 0HGLFDO ,QVWLWXWH 8]EHNLVWDQ ɉɪɨɜɟɞɟɧɵ ɢɫɫɥɟɞɨɜɚɧɢɹ ɮɭɧɤɰɢɢ ɜɧɟɲɧɟɝɨ ɞɵɯɚɧɢɹ ɭ ɛɨɥɶɧɵɯ ɦɭɠɱɢɧɵ ɢ ɠɟɧɳɢɧɵ ɫɚɯɚɪɧɵɦ ɞɢɚɛɟɬɨɦ ɪɚɡɥɢɱɧɨɣ ɫɬɟɩɟɧɶɸ ɬɹɠɟɫɬɢ ɧɟ ɢɦɟɜɲɢɯ ɫɨɩɭɫɬɜɭɸɳɢɯ ɡɚ ɛɨɥɟɜɚɧɢɣ ɨɪɝɚɧɨɜ ɞɵɯɚɧɢɹ ɂɫɫɥɟɞɨɜɚɥɢɫɶ ɩɨɤɚɡɚɬɟɥɢ ɮɭɧɤɰɢɢ ɜɧɟɲɧɟɝɨ ɞɵɯɚɧɢɹ ɨɬɪɚɠɚɸɳɢɟ ɫɨɫɬɨɹɧɢɟ ɜɟɧɬɢɥɹɰɢɢ ɢ ɝɚɡɨɨɛɦɟɧɚ Ɇɨɳɧɨɫɬɶ ɜɨɡɞɭɲɧɨɝɨ ɩɨɬɨɤɚ ɧɚ ɜɞɨɯɟ ɢ ɜɵɞɨɯɟ ɨɩɪɟɞɟɥɹɥɢɫɶ ɫ ɩɨɦɨɳɶɸ ɩɧɟɜɦɨɬɚɯɨɦɟɬɪɚ ɉɌ ɂɫɫɥɟɞɨɜɚɧɢɟ ɩɪɨɜɨɞɢɥɨɫɶ ɭɬɪɨɦ ɧɚɬɨɳɚɤ ɩɨɫɥɟ ɮɢɡɢɨɥɨɝɢɱɟɫɤɢɯ ɨɬɩɪɚɜɥɟɧɢɣ ɉɨɥɭɱɟɧɧɵɟ ɜɟɥɢɱɢɧɵ 673' ɫɨɩɨɫɬɚɜɥɹɥɢ ɫ ɧɨɪɦɨɣ ɢ ɜɵɪɚɠɚɥɢ ɜ ɩɪɨɰɟɧɬɚɯ ɍ ɛɨɥɶɧɵɯ ɛɵɥɨ ɜɵɹɜɥɟɧɨ ɫɧɢɠɟɧɢɹ ɀȿɅ ɞɨ ɤ ɧɨɪɦɟ ɀȿɅ ɚ ɭ ɧɟɤɨɬɨɪɵɯ ɧɢɠɟ Ɉɞɧɨɜɪɟɦɟɧɧɨ ɩɪɨɢɫɯɨɞɢɥɨ ɢɡɦɟɧɟɧɢɟ ɨɛɴɟɦɨɜ ɫɨɫɬɚɜɥɹɸɳɢɯ ɀȿɅ ɭɦɟɧɶɲɟɧɢɟ ɪɟɡɟɪɜɧɨɝɨ ɨɛɴɟɦɚ ɜɞɨɯɚ ɞɨɥɠɧɨɝɨ ɢ ɧɟɡɧɚɱɢɬɟɥɶɧɨɟ ɭɜɟɥɢɱɟɧɢɟ ɪɟɡɟɪɜɧɨɝɨ ɨɛɴɟɦɚ ɜɵɞɨɯɚ ɞɨɥɠɧɨɝɨ ɇɚɢɛɨɥɶɲɟɟ ɫɧɢɠɟɧɢɟ ɀȿɅ ɜɵɹɜɥɟɧɨ ɭ ɛɨɥɶɧɵɯ ɫ ɬɹɠɟɥɨɣ ɮɨɪɦɨɣ ɩɚɬɨɥɨɝɢɱɟɫɤɨɝɨ ɩɪɨɰɟɫɫɚ ɉɨɱɬɢ ɭ ɜɫɟɯ ɨɛɫɥɟɞɨɜɚɧɧɵɯ ɛɨɥɶɧɵɯ ɜɵɹɜɥɟɧɨ ɩɨɜɵɲɟɧɢɟ ɆɈȾ ɜ ɤ ɧɨɪɦɟɜ ɫɪɟɞɧɟɦ ɧɚ ɉɪɢ ɧɚɪɚɫɬɚɧɢɢ ɬɹɠɟɫɬɢ ɡɚɛɨɥɟɜɚɧɢɹ ɆɈȾ ɱɚɳɟ ɭɜɟɥɢɱɢɜɚɥɫɹ ɡɚ ɫɱɟɬ ɭɱɚɳɟɧɢɹ ɢ ɫɧɢɠɟɧɢɹ ɝɥɭɛɢɧɵ ɞɵɯɚɧɢɹ Ɇɚɤɫɢɦɚɥɶɧɚɹ ɜɟɧɬɢɥɹɰɢɹ ɥɟɝɤɢɯ ɆȼɅ ɭ ɨɛɫɥɟɞɨɜɚɧɧɵɯ ɛɨɥɶɧɵɯ ɨɤɚɡɚɥɚɫɶ ɫɧɢɠɟɧɧɨɣ ɭ ɜɫɟɯ ɛɨɥɶɧɵɯ ɧɟɡɚɜɢɫɢɦɨ ɨɬ ɩɨɥɚ ɜɨɡɪɚɫɬɚ ɢ ɫɬɟɩɟɧɢ ɬɹɠɟɫɬɢ ɩɚɬɨɥɨɝɢɱɟɫɤɨɝɨ ɩɪɨɰɟɫɫɚ ɨɬɦɟɱɚɥɨɫɶ ɫɧɢɠɟɧɢɟ ɦɨɳɧɨɫɬɢ ɜɨɡɞɭɲɧɨɝɨɩɨɬɨɤɚ ɇɚ ɜɞɨɯɟ ɢ ɜɵɞɨɯɟ ɩɪɨɢɫɯɨɞɢɥɨ ɭɦɟɧɶɲɟɧɢɟ ɢɧɞɟɤɫɚ Ɍɢɮɧɨ ȼɫɥɟɞɫɬɜɢɢ ɫɧɢɠɟɧɢɹ ɆȼɅ ɢ ɜɵɪɚɠɟɧɧɨɝɨ ɭɜɟɥɢɱɟɧɢɹ ɆɈȾ ɭ ɛɨɥɶɲɢɧɫɬɜɚ ɛɨɥɶɧɵɯ ɨɤɚɡɚɥɫɹ ɫɧɢɠɟɧɧɵɦ ɪɟɡɟɪɜ ɞɵɯɚɧɢɹ ɉɨɝɥɨɳɟɧɢɟ ɤɢɫɥɨɪɨɞɚ ɭ ɨɛɫɥɟɞɨɜɚɧɧɵɯ ɛɨɥɶɧɵɯ ɨɤɚɡɚɥɨɫɶ ɩɨɜɵɲɟɧɧɵɦ ɜ ɫɪɟɞɧɟɦ ɞɨ ɤ ɧɨɪɦɟ ɱɬɨ ɦɨɠɧɨ ɨɛɴɹɫɧɢɬɶ ɭɜɟɥɢɱɟɧɢɟɦ ɩɨɬɪɟɛɧɨɫɬɢ ɬɤɚɧɟɣ ɜ ɤɢɫɥɨɪɨɞɟ ɢ ɫɥɨɠɧɵɯ ɧɚɪɭɲɟɧɢɣ ɨɤɢɫɥɢɬɟɥɶɧɨ ɜɨɫɫɬɚɧɨɜɢɬɟɥɶɧɵɯ ɩɪɨɰɟɫɫɨɜ ɩɪɢɫɭɳɢɯ ɫɚɯɚɪɧɨɦɭ ɞɢɚɛɟɬɭ 03-156 ɄɈɆɉɅȿɄɋɇɈȿ ɂɋɋɅȿȾɈȼȺɇɂȿ ɅȿȽɈɑɇɈɃ ɋɍɊɎȺɄɌȺɇɌɇɈɃ ɋɂɋɌȿɆɕ ɉɊɂ ɇȿɄɈɌɈɊɕɏ ɉȺɌɈȽȿɇɇɕɏ ȼɈɁȾȿɃɋɌȼɂəɏ Ɇ ɂ Ɋɭɡɢɛɚɟɜɚ ɒ ɏɚɦɢɞɨɜɚ ɏ ɏɭɞɚɣɛɟɪɞɢɟɜɚ Ɂ Ⱥɛɞɭɥɯɚɟɜɚ ɇɚɭɱɧɵɣ ɪɭɤɨɜɨɞɢɬɟɥɶ ± ɩɪɨɮ Ɂ ɋ ɋɚɥɨɯɢɞɞɢɧɨɜ Ⱥɧɞɢɠɚɧɫɤɢɣ ɝɨɫɭɞɚɪɫɬɜɟɧɧɵɣ ɦɟɞɢɰɢɧɫɤɢɣ ɢɧɫɬɢɬɭɬ ɍɡɛɟɤɢɫɬɚɧ ɋɭɪɮɚɤɬɚɧɬɧɚɹ ɫɢɫɬɟɦɚ ɥɟɝɤɢɯ ɋɋɅ ɢɝɪɚɟɬ ɜɚɠɧɭɸ ɪɨɥɶ ɜ ɨɫɭɳɟɫɬɜɥɟɧɢɢ ɮɭɧɤɰɢɢ ɞɵɯɚɧɢɹ Ɉɱɟɜɢɞɧɨ ɱɬɨ ɪɚɡɧɵɟ ɧɚɪɭɲɟɧɢɹ ɷɬɨɣ ɫɢɫɬɟɦɵ ɦɨɝɭɬ ɢɦɟɬɶ ɧɟɦɚɥɨɜɢɞɧɨɟ ɡɧɚɱɟɧɢɟ ɜ ɩɚɬɨɝɟɧɟɡɟ ɧɟɤɨɬɨɪɵɯ ɜɢɞɨɜ ɞɵɯɚɬɟɥɶɧɵɯ ɪɚɫɫɬɪɨɣɫɬɜ ɂɫɯɨɞɹ ɢɡ ɷɬɨɝɨ ɦɵ ɩɨɫɬɚɜɢɥɢ ɩɟɪɟɞ ɫɨɛɨɣ ɡɚɞɚɱɭ ɫ ɩɨɦɨɳɶɸ ɤɨɦɩɥɟɤɫɚ ɦɟɬɨɞɨɜ ɤɨɬɨɪɵɟ ɧɚ ɧɚɲ ɜɡɝɥɹɞ ɞɨɫɬɚɬɨɱɧɨ ɩɨɥɧɨ ɯɚɪɚɤɬɟɪɢɡɭɸɬ ɋɋɅ ɩɪɢ ɧɟɤɨɬɨɪɵɯ ɩɚɬɨɝɟɧɧɵɯ ɜɨɡɞɟɣɫɬɜɢɹɯ ȼ ɤɚɱɟɫɬɜɟ ɩɨɜɪɟɠɞɚɸɳɢɯ ɮɚɤɬɨɪɨɜ ɛɵɥɢ ɜɡɹɬɵ ɭɝɨɥɶɧɚɹ ɩɵɥɶ ɨɛɪɚɛɨɬɚɧɧɚɹ ɫɦɚɱɢɜɚɬɟɥɟɦ ȾȻ ɩɨɥɢɦɟɬɚɥɥɢɱɟɫɤɚɹ ɩɵɥɶ ɚɷɪɨɡɨɥɶ ɫɦɚɡɨɱɧɨɟ ɦɚɫɥɨ ɫɢɧɬɟɬɢɱɟɫɤɢɣ ɞɟɬɟɪɝɟɧɬ ɝɢɩɨɤɫɢɹ ɝɢɩɟɪɤɚɩɧɢɹ ɫɟɪɧɢɫɬɵɣ ɝɚɡ ɩɪɨɬɟɨɥɢɬɢɱɟɫɤɢɣ ɮɟɪɦɟɧɬ ɩɚɩɚɢɧ ɫ ɰɟɥɶɸ ɩɨɥɭɱɟɧɢɹ ɷɤɫɩɟɪɢɦɟɧɬɚɥɶɧɨɣ ɦɨɞɟɥɢ ɷɦɮɢɡɟɦɵ ɥɟɝɤɢɯ ɝɨɥɨɞɚɧɢɟ ɨɛɳɚɹ ɝɢɩɨɬɟɪɦɢɹ ɇɚ ɩɪɢɦɟɪɟ ɜɨɡɞɟɣɫɬɜɢɹ ɷɬɢɯ ɪɚɡɥɢɱɧɵɯ ɩɨ ɦɟɯɚɧɢɡɦɭ ɞɟɣɫɬɜɢɹ ɮɚɤɬɨɪɨɜ ɦɵ ɫɬɪɟɦɢɥɢɫɶ ɜɵɹɫɧɢɬɶ ɜɨɡɦɨɠɧɵɟ ɩɭɬɢ ɧɚɪɭɲɟɧɢɹ ɋɋɅ Ⱦɥɹ ɯɚɪɚɤɬɟɪɢɫɬɢɤɢ ɋɋɅ ɢɫɩɨɥɶɡɨɜɚɥɢ ɨɩɪɟɞɟɥɟɧɢɟ ɩɨɜɟɪɯɧɨɫɬɧɨɝɨ ɧɚɬɹɠɟɧɢɹ ɥɟɝɨɱɧɵɯ ɷɤɫɬɪɚɤɬɨɜ ɢ ɫɦɵɜɨɜ ɦɟɬɨɞ ɉɷɬɥɚ ɥɸɦɢɧɟɫɰɟɧɬɧɭɸ ɢ ɩɨɥɹɪɢɡɚɰɢɨɧɧɭɸ ɦɢɤɪɨɫɤɨɩɢɸ ɥɟɝɤɢɯ

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04-6 ȾɂȺȽɇɈɋɌɂɄȺ ȼɊɈɀȾȿɇɇɕɏ ɁȺȻɈɅȿȼȺɇɂɃ ȻɂɅɂȺɊɇɈɃ ɋɂɋɌȿɆɕ ɋ Ⱥ Ɇɟɧɶɲɢɤɨɜ ɇɚɭɱɧɵɣ ɪɭɤɨɜɨɞɢɬɟɥɶ ± ɞ ɦ ɧ ɞɨɰ ɘ Ƚ Ⱦɟɝɬɹɪɟɜ Ȼɟɥɨɪɭɫɫɤɢɣ ɝɨɫɭɞɚɪɫɬɜɟɧɧɵɣ ɦɟɞɢɰɢɧɫɤɢɣ ɭɧɢɜɟɪɫɢɬɟɬ Ɇɢɧɫɤ Ȼɟɥɨɪɭɫɫɢɹ ɐɟɥɶ ɪɚɛɨɬɵ ± ɜɵɪɚɛɨɬɤɚ ɞɢɚɝɧɨɫɬɢɱɟɫɤɨɝɨ ɚɥɝɨɪɢɬɦɚ ɜɵɛɨɪ ɨɩɬɢɦɚɥɶɧɨɣ ɬɚɤɬɢɤɢ ɯɢɪɭɪɝɢɱɟɫɤɨɣ ɤɨɪɪɟɤɰɢɢ ɞɟɬɟɣ ɫ ɜɪɨɠɞɟɧɧɨɣ ɩɚɬɨɥɨɝɢɟɣ ɝɟɩɚɬɨɛɢɥɢɚɪɧɨɣ ɫɢɫɬɟɦɵ Ɇɟɬɨɞɵ ± ɪɟɬɪɨɫɩɟɤɬɢɜɧɵɣ ɚɧɚɥɢɡ ɦɟɞɢɰɢɧɫɤɢɯ ɤɚɪɬ ɫɬɚɰɢɨɧɚɪɧɨɝɨ ɛɨɥɶɧɨɝɨ ɫ ɤɥɢɧɢɱɟɫɤɢɦɢ ɞɢɚɝɧɨɡɚɦɢ ɛɢɥɢɚɪɧɚɹ ɚɬɪɟɡɢɹ ɢ ɤɢɫɬɨɡɧɚɹ ɬɪɚɧɫɮɨɪɦɚɰɢɹ ɠɟɥɱɧɵɯ ɩɭɬɟɣ ɡɚ ɩɟɪɢɨɞ ɫ ɩɨ ɝɨɞ Ɋɟɡɭɥɶɬɚɬɵ ɋɪɟɞɧɢɣ ɜɨɡɪɚɫɬ ɞɢɚɝɧɨɫɬɢɤɢ ɛɢɥɢɚɪɧɨɣ ɚɬɪɟɡɢɢ ɫɨɫɬɚɜɢɥ ɞɧɹ ± ɞɧɟɣ ɤɢɫɬɨɡɧɨɣ ɬɪɚɧɫɮɨɪɦɚɰɢɢ ɠɟɥɱɧɵɯ ɩɭɬɟɣ ± ɥɟɬ ɦɟɫ ɝɨɞɚ ɦɟɫ ± ɥɟɬ ɦɟɫ ɋɪɟɞɧɢɣ ɜɨɡɪɚɫɬ ɥɟɱɟɧɢɹ ɛɢɥɢɚɪɧɨɣ ɚɬɪɟɡɢɢ ± ɞɧɹ ɞɧɹ ɤɢɫɬɨɡɧɨɣ ɬɪɚɧɫɮɨɪɦɚɰɢɢ ɠɟɥɱɧɵɯ ɩɭɬɟɣ ± ɥɟɬ ɝɨɞɚ ɦɟɫ ± ɥɟɬ ɦɟɫ ɇɚɢɛɨɥɟɟ ɩɪɢɟɦɥɟɦɵɦɢ ɦɟɬɨɞɚɦɢ ɞɢɚɝɧɨɫɬɢɤɢ ɩɚɬɨɥɨɝɢɢ ɝɟɩɚɬɨɛɢɥɢɚɪɧɨɣ ɫɢɫɬɟɦɵ ɹɜɥɹɸɬɫɹ ɥɚɛɨɪɚɬɨɪɧɵɟ ɛɢɨɯɢɦɢɱɟɫɤɢɣ ɚɧɚɥɢɡ ɤɪɨɜɢ ɧɚ ɛɢɥɢɪɭɛɢɧ ɳɟɥɨɱɧɭɸ ɮɨɫɮɚɬɚɡɭ ȽȽɌɉ ɢ ɢɧɫɬɪɭɦɟɧɬɚɥɶɧɵɟ ɍɁɂ ɆɊɌ ɞɢɧɚɦɢɱɟɫɤɚɹ ɢ ɫɬɚɬɢɱɟɫɤɚɹ ɫɰɢɧɬɢɝɪɚɮɢɹ ɢɧɬɪɚɨɩɟɪɚɰɢɨɧɧɚɹ ɯɨɥɚɧɝɢɨɝɪɚɮɢɹ ɤɚɤ ɞɥɹ ɞɢɚɝɧɨɫɬɢɤɢ ɛɢɥɢɚɪɧɨɣ ɚɬɪɟɡɢɢ ɬɚɤ ɢ ɤɢɫɬɨɡɧɨɣ ɬɪɚɧɫɮɨɪɦɚɰɢɢ ɠɟɥɱɧɵɯ ɩɭɬɟɣ Ɉɩɟɪɚɰɢɟɣ ɜɵɛɨɪɚ ɩɪɢ ɛɢɥɢɚɪɧɨɣ ɚɬɪɟɡɢɢ ɹɜɥɹɟɬɫɹ ɩɨɪɬɨɷɧɬɟɪɨɫɬɨɦɢɹ ɩɨ Ʉɚɫɚɢ ɩɪɢ ɤɢɫɬɨɡɧɨɣ ɬɪɚɧɫɮɨɪɦɚɰɢɢ ɠɟɥɱɧɵɯ ɩɭɬɟɣ ± ɰɢɫɬɨɟɸɧɨɚɧɚɫɬɨɦɨɡ ɧɚ ɜɵɤɥɸɱɟɧɧɨɣ ɩɟɬɥɟ ɤɢɲɤɢ ɩɨ Ɋɭ Ɇɟɞɢɤɚɦɟɧɬɨɡɧɨɟ ɥɟɱɟɧɢɟ ɞɨɥɠɧɨ ɜɤɥɸɱɚɬɶ ɩɪɢɦɟɧɟɧɢɟ ɩɪɟɞɧɢɡɨɥɨɧɚ ɢ ɭɪɫɨɞɟɨɤɫɢɯɨɥɢɟɜɨɣ ɤɢɫɥɨɬɵ ȿɞɢɧɫɬɜɟɧɧɵɦ ɪɚɞɢɤɚɥɶɧɵɦ ɦɟɬɨɞɨɦ ɥɟɱɟɧɢɹ ȻȺ ɹɜɥɹɟɬɫɹ ɬɪɚɧɫɩɥɚɧɬɚɰɢɹ ɩɟɱɟɧɢ

04-7 ɁȺȾɇɂɃ ɌɈɅɋɌɈɄɂɒȿɑɇɈ ɀȿɅɍȾɈɑɇɕɃ ȺɇȺɋɌȺɆɈɁ ± ɇɈȼȺə ɌȿɏɇɈɅɈȽɂə ȼ Ʌȿɑȿɇɂɂ ȾȿɌȿɃ ɋ ȺɌɊȿɁɂəɆɂ ɂ ɊɍȻɐɈȼɕɆɂ ɋɍɀȿɇɂəɆɂ ɉɂɓȿȼɈȾȺ ɘ ȼ ɋɟɦɟɪɧɢɤ ɇɚɭɱɧɵɣ ɪɭɤɨɜɨɞɢɬɟɥɶ ± ɞ ɦ ɧ Ɇ ɂ ɑɟɩɭɪɧɨɣ Ɋɨɫɬɨɜɫɤɢɣ ɝɨɫɭɞɚɪɫɬɜɟɧɧɵɣ ɦɟɞɢɰɢɧɫɤɢɣ ɭɧɢɜɟɪɫɢɬɟɬ Ɋɨɫɫɢɹ ɐɟɥɶɸ ɞɚɧɧɨɝɨ ɢɫɫɥɟɞɨɜɚɧɢɹ ɹɜɥɹɟɬɫɹ ɫɪɚɜɧɢɬɟɥɶɧɵɣ ɚɧɚɥɢɡ ɪɟɡɭɥɶɬɚɬɨɜ ɥɟɱɟɧɢɹ ɞɟɬɟɣ ɫ ɪɭɛɰɨɜɵɦɢ ɫɬɪɢɤɬɭɪɚɦɢ ɢ ɚɬɪɟɡɢɹɦɢ ɩɢɳɟɜɨɞɚ ɩɪɢ ɧɚɥɨɠɟɧɢɢ ɬɨɥɫɬɨɤɢɲɟɱɧɨ ɠɟɥɭɞɨɱɧɨɝɨ ɚɧɚɫɬɚɦɨɡɚ ɧɚ ɡɚɞɧɸɸ ɢ ɩɟɪɟɞɧɸɸ ɫɬɟɧɤɭ ɠɟɥɭɞɤɚ Ɋɚɛɨɬɚ ɛɚɡɢɪɭɟɬɫɹ ɧɚ ɚɧɚɥɢɡɟ ɢɫɬɨɪɢɣ ɛɨɥɟɡɧɢ ɞɟɬɟɣ ɫ ɭɤɚɡɚɧɧɵɦɢ ɜɵɲɟ ɡɚɛɨɥɟɜɚɧɢɹɦɢ ɩɟɪɟɧɟɫɲɢɯ ɬɨɬɚɥɶɧɭɸ ɡɚɝɪɭɞɢɧɧɭɸ ɤɨɥɨɷɡɨɮɚɝɨɩɥɚɫɬɢɤɭ Ɍɟɯɧɢɤɚ ɧɚɥɨɠɟɧɢɹ ɡɚɞɧɟɝɨ ɤɨɥɨɝɚɫɬɪɨɚɧɚɫɬɨɦɨɡɚ ɛɵɥɚ ɪɚɡɪɚɛɨɬɚɧɚ ɢ ɜɧɟɞɪɟɧɚ ɜ ɩɪɚɤɬɢɤɭ ɜ ɤɥɢɧɢɤɟ ɞɟɬɫɤɨɣ ɯɢɪɭɪɝɢɢ ɢ ɨɪɬɨɩɟɞɢɢ ɊɨɫɬȽɆɍ ɜ ɝɨɞɭ ɇɚɥɨɠɟɧɢɟ ɚɧɚɫɬɨɦɨɡɚ ɧɚ ɡɚɞɧɸɸ ɫɬɟɧɤɭ ɠɟɥɭɞɤɚ ɩɪɟɞɭɩɪɟɠɞɚɟɬ ɪɚɡɜɢɬɢɟ ɪɟɮɥɸɤɫ ɤɨɥɢɬɚ ɬɨɥɫɬɨɤɢɲɟɱɧɨɝɨ ɬɪɚɧɫɩɥɚɧɬɚɬɚ ɞɚɟɬ ɜɨɡɦɨɠɧɨɫɬɶ ɫɨɤɪɚɬɢɬɶ ɜɪɟɦɹ ɨɩɟɪɚɰɢɢ ɢɡ ɡɚ ɨɬɫɭɬɫɬɜɢɹ ɧɟɨɛɯɨɞɢɦɨɫɬɢ ɫɨɡɞɚɧɢɹ ɚɧɬɢɪɟɮɥɸɤɫɧɨɝɨ ɡɚɬɜɨɪɚ Ɏɨɪɦɢɪɨɜɚɧɢɟ ɩɨɫɥɟɞɧɟɝɨ ɩɪɢ ɧɚɥɨɠɟɧɢɢ ɚɧɚɫɬɨɦɨɡɚ ɧɚ ɩɟɪɟɞɧɸɸ ɫɬɟɧɤɭ ɨɛɭɫɥɚɜɥɢɜɚɟɬ ɩɨɹɜɥɟɧɢɟ ɝɟɦɚɬɨɦ ɢ ɩɨɫɥɟɞɭɸɳɟɟ ɢɯ ɪɭɛɰɟɜɚɧɢɟ ɜ ɦɵɲɟɱɧɨɦ ɫɥɨɟ ɫɬɟɧɤɢ ɠɟɥɭɞɤɚ ɜ ɤɨɬɨɪɨɦ ɞɨɥɠɟɧ ɩɪɨɯɨɞɢɬɶ ɞɢɫɬɚɥɶɧɵɣ ɭɱɚɫɬɨɤ ɬɨɥɫɬɨɤɢɲɟɱɧɨɝɨ ɬɪɚɧɫɩɥɚɧɬɚɬɚ Ʉ ɬɨɦɭ ɠɟ ɞɚɧɧɚɹ ɦɟɬɨɞɢɤɚ ɩɨɡɜɨɥɹɟɬ ɩɨɞɨɛɪɚɬɶ ɭɱɚɫɬɨɤ ɧɚ ɡɚɞɧɟɣ ɫɬɟɧɤɟ ɠɟɥɭɞɤɚ ɫ ɦɢɧɢɦɚɥɶɧɨɣ ɤɢɫɥɨɬɧɨ ɮɟɪɦɟɧɬɧɨɣ ɚɤɬɢɜɧɨɫɬɶɸ ɜ ɬɨ ɜɪɟɦɹ ɤɚɤ ɩɟɪɟɞɧɹɹ ɫɬɟɧɤɚ ɤɚɤ ɩɪɚɜɢɥɨ ɜɨɜɥɟɱɟɧɚ ɜ ɨɛɲɢɪɧɵɣ ɫɩɚɟɱɧɵɣ ɩɪɨɰɟɫɫ ɜ ɫɜɹɡɢ ɫ ɩɪɟɞɲɟɫɬɜɭɸɳɢɦ ɧɚɥɨɠɟɧɢɟɦ ɝɚɫɬɪɨɫɬɨɦɵ ɢɥɢ ɞɢɫɬɚɥɶɧɨɣ ɷɡɨɮɚɝɨɫɬɨɦɵ ɋɨɫɬɨɹɬɟɥɶɧɨɫɬɶ ɚɧɚɫɬɨɦɨɡɚ ɩɪɟɞɨɩɪɟɞɟɥɹɟɬɫɹ ɬɚɤ ɠɟ ɬɟɦ ɱɬɨ ɩɪɟɞɭɩɪɟɠɞɚɟɬɫɹ ɩɟɪɟɝɢɛ ɩɢɬɚɸɳɟɣ ɬɪɚɧɫɩɥɚɧɬɚɬ ɫɨɫɭɞɢɫɬɨɣ ©ɧɨɠɤɢª ɜ ©ɨɤɧɟª ɦɚɥɨɝɨ ɫɚɥɶɧɢɤɚ ɚ ɞɢɫɬɚɥɶɧɚɹ ɱɚɫɬɶ ɬɪɚɧɫɩɥɚɧɬɚɬɚ ɧɟ ɫɞɚɜɥɢɜɚɟɬɫɹ ɦɟɠɞɭ ɩɟɪɟɞɧɟɣ ɫɬɟɧɤɨɣ ɠɟɥɭɞɤɚ ɢ ɩɟɪɟɞɧɟɣ ɛɪɸɲɧɨɣ ɫɬɟɧɤɨɣ ȼɵɲɟ ɩɟɪɟɱɢɫɥɟɧɧɵɟ ɩɪɢɟɦɭɳɟɫɬɜɚ ɩɨɡɜɨɥɹɸɬ ɫɱɢɬɚɬɶ ɡɚɞɧɢɣ ɤɨɥɨɝɚɫɬɪɨɚɧɚɫɬɨɦɨɡ ɩɪɢ ɬɨɬɚɥɶɧɨɣ ɡɚɝɪɭɞɢɧɧɨɣ ɤɨɥɨɷɡɨɮɚɝɨɩɥɚɫɬɢɤɟ ɦɟɬɨɞɨɦ ɜɵɛɨɪɚ ɩɪɢ ɥɟɱɟɧɢɢ ɞɟɬɟɣ ɫɬɪɚɞɚɸɳɢɯ ɪɭɛɰɨɜɵɦɢ ɫɬɪɢɤɬɭɪɚɦɢ ɢ ɚɬɪɟɡɢɹɦɢ ɩɢɳɟɜɨɞɚ %$&. &2/21,& *$675,& $1$672026,6 ,6 $ 1(: 7(&+12/2*< ,1 7+( 75($70(17 2) &+,/'5(1 :,7+ $75(6,$ $1' &,&$75,&,$/ &21675,&7,21 2) 7+( (623+$*86 < 6HPHUQLFN 6FLHQWL¿F $GYLVRU ± &DQG0HG6FL 3URI 0 &KHSXUQRL 5RVWRY 6WDWH 0HGLFDO 8QLYHUVLW\5XVVLD 7KH SXUSRVH RI WKLV VWXG\ LV D FRPSDUDWLYH DQDO\VLV RI WUHDWPHQW RI FKLOGUHQ ZLWK FLFDWULFLDO VWULFWXUHV DQG HVRSKDJHDO DWUHVLD DW WKH LPSRVLWLRQ RI FRORQLF JDVWULF DQDVWRPRVLV DW WKH EDFN DQG WKH IURQW ZDOO RI WKH VWRPDFK 7KH ZRUN LV EDVHG RQ DQ DQDO\VLV RI


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04-35 ȼɂȾȿɈɌɈɊȺɄɈɋɄɈɉɂə ȼ Ʌȿɑȿɇɂɂ ȾȿɋɌɊɍɄɌɂȼɇɈɃ ɉɇȿȼɆɈɇɂɂ Ⱥ ɘ Ƚɨɪɲɤɨɜ ɇɚɭɱɧɵɣ ɪɭɤɨɜɨɞɢɬɟɥɶ ± ɞ ɦ ɧ ɩɪɨɮ Ƚ ɇ Ɋɭɦɹɧɰɟɜɚ Ɍɜɟɪɫɤɚɹ ɝɨɫɭɞɚɪɫɬɜɟɧɧɚɹ ɦɟɞɢɰɢɧɫɤɚɹ ɚɤɚɞɟɦɢɹ Ɋɨɫɫɢɹ

ɋɢɧɞɪɨɦ ɨɬɟɱɧɨɣ ɦɨɲɨɧɤɢ ɭ ɞɟɬɟɣ ɡɚɧɢɦɚɟɬ ɜɬɨɪɨɟ ɦɟɫɬɨ ɩɨ ɱɚɫɬɨɬɟ ɨɩɟɪɚɬɢɜɧɵɯ ɜɦɟɲɚɬɟɥɶɫɬɜ ɩɨɫɥɟ ɚɩɩɟɧɞɷɤɬɨɦɢɢ ɉɪɨɛɥɟɦɚ ɨɫɬɪɵɯ ɡɚɛɨɥɟɜɚɧɢɣ ɹɢɱɟɤ ɭ ɞɟɬɟɣ ɹɜɥɹɟɬɫɹ ɨɞɧɨɣ ɚɤɬɭɚɥɶɧɵɯ ɜ ɞɟɬɫɤɨɣ ɯɢɪɭɪɝɢɢ ɢ ɫɨɫɬɚɜɥɹɟɬ ɩɪɢɛɥɢɡɢɬɟɥɶɧɨ ɨɬ ɜɫɟɣ ɭɪɝɟɧɬɧɨɣ ɩɚɬɨɥɨɝɢɢ ɜ ɞɟɬɫɤɨɦ ɜɨɡɪɚɫɬɟ ɐɟɥɶ ɢɫɫɥɟɞɨɜɚɧɢɹ ± ɚɧɚɥɢɡ ɬɚɤɬɢɤɢ ɜɟɞɟɧɢɹ ɞɟɬɟɣ ɫ ɋɈɆ ɢ ɪɚɡɪɚɛɨɬɚɬɶ ɩɚɬɨɝɟɧɟɱɟɫɤɢ ɨɛɨɫɧɨɜɚɧɧɵɟ ɩɨɞɯɨɞɵ ɤ ɥɟɱɟɧɢɸ ɩɨɞɨɛɧɨɝɨ ɤɨɧɬɢɧɝɟɧɬɚ ɛɨɥɶɧɵɯ Ɇɚɬɟɪɢɚɥɵ ɢ ɦɟɬɨɞɵ ɉɪɨɜɟɞɟɧ ɚɧɚɥɢɡ ɛɨɥɶɧɵɯ ɫ ɋɈɆ ɡɚ ɩɟɪɢɨɞ ɫ ɩɨ ɝɝ ɉɨɞɚɜɥɹɸɳɟɟ ɱɢɫɥɨ ɛɨɥɶɧɵɯ ɛɵɥɢ ɨɩɟɪɢɪɨɜɚɧɵ ɉɨ ɧɚɲɢɦ ɞɚɧɧɵɦ ɩɟɪɜɨɟ ɦɟɫɬɨ ɩɨ ɱɚɫɬɨɬɟ ɡɚɧɢɦɚɥɢ ɨɫɬɪɵɟ ɩɨɪɚɠɟɧɢɹ ɝɢɞɚɬɢɞ ɡɚɬɟɦ ɨɫɬɪɵɟ ɷɩɢɞɢɞɢɦɢɬɵ ɞɚɥɟɟ ɩɟɪɟɤɪɭɬɵ ɢ ɬɪɚɜɦɵ ɹɢɱɤɚ Ɋɟɡɭɥɶɬɚɬɵ ɉɪɢ ɪɟɜɢɡɢɢ ɨɪɝɚɧɨɜ ɦɨɲɨɧɤɢ ɜ ɫɥɭɱɚɟɜ ɜɵɹɜɥɹɟɬɫɹ ɩɚɬɨɥɨɝɢɹ ɝɢɞɚɬɢɞɵ ɹɢɱɤɚ ɢɥɢ ɩɪɢɞɚɬɤɚ ɤɨɬɨɪɚɹ ɪɚɫɰɟɧɢɜɚɟɬɫɹ ɤɚɤ ɩɟɪɟɤɪɭɬ ɟɟ ɧɨɠɤɢ ɉɟɪɟɤɪɭɬ ɝɢɞɚɬɢɞ ɧɚɛɥɸɞɚɥɨɫɶ ɞɟɬɟɣ ɜɨɡɪɚɫɬ ɨɬ ɦɟɫɹɰɟɜ ɞɨ ɥɟɬ Ɉɫɬɪɵɣ ɧɟɫɩɟɰɢɮɢɱɟɫɤɢɣ ɷɩɢɞɢɞɢɦɢɬ ɞɟɬɟɣ ɉɟɪɟɤɪɭɬ ɹɢɱɤɚ ɞɟɬɟɣ Ɍɪɚɜɦɚ ɹɢɱɤɚ ɛɨɥɶɧɵɯ ɫ ɬɪɚɜɦɚɦɢ ɨɪɝɚɧɨɜ ɦɨɲɨɧɤɢ Ɂɚɤɥɸɱɟɧɢɟ ɜɵɜɨɞɵ ɂɡ ɜɫɟɯ ɩɟɪɟɱɢɫɥɟɧɧɵɯ ɧɨɡɨɥɨɝɢɱɟɫɤɢɯ ɮɨɪɦ ɨɫɬɪɵɯ ɡɚɛɨɥɟɜɚɧɢɣ ɹɢɱɟɤ ɧɚɢɛɨɥɟɟ ɱɚɫɬɵɦ ɹɜɥɹɟɬɫɹ ɩɟɪɟɤɪɭɬ ɝɢɞɚɬɢɞ Ɋɟɡɭɥɶɬɚɬɵ ɥɟɱɟɧɢɹ ɧɚɯɨɞɹɬɫɹ ɜ ɨɛɪɚɬɧɨɣ ɡɚɜɢɫɢɦɨɫɬɢ ɨɬ ɜɨɡɪɚɫɬɚ ɜɪɟɦɟɧɢ ɢ ɫɬɟɩɟɧɢ ɩɟɪɟɤɪɭɬɚ ɉɨɷɬɨɦɭ ɈɁə ɭ ɞɟɬɟɣ ɬɪɟɛɭɸɬ ɫɜɨɟɜɪɟɦɟɧɧɨɣ ɞɢɚɝɧɨɫɬɢɤɢ ɢ ɚɞɟɤɜɚɬɧɨɝɨ ɥɟɱɟɧɢɹ ɉɟɪɟɧɟɫɲɢɟ ɈɁə ɜ ɞɟɬɫɤɨɦ ɜɨɡɪɚɫɬɟ ɬɪɟɛɭɸɬ ɤɚɬɚɦɧɟɫɬɢɱɟɫɤɨɝɨ ɧɚɛɥɸɞɟɧɢɹ ɨɫɨɛɟɧɧɨ ɞɟɬɢ ɫ ɩɟɪɟɤɪɭɬɨɦ ɹɢɱɤɚ Ɋɟɚɛɢɥɢɬɚɰɢɹ ɞɟɬɟɣ ɩɟɪɟɧɟɫɲɢɯ ɨɫɬɪɵɟ ɡɚɛɨɥɟɜɚɧɢɹ ɨɪɝɚɧɨɜ ɦɨɲɨɧɤɢ ɬɪɟɛɭɟɬ ɞɢɫɩɚɧɫɟɪɧɨɝɨ ɧɚɛ¤ɥɸɞɟɧɢɹ ɩɟɞɢɚɬɪɨɦ ɯɢɪɭɪɝɨɦ ɞɟɬɫɤɢɦ ɚɧɞɪɨɥɨɝɨɦ ɤɨɬɨɪɵɟ ɩɨɡɞɧɟɟ ɡɚɜɟɪɲɚɸɬɫɹ ɧɚɛɥɸɞɟɧɢɹɦɢ ɭ ɜɡɪɨɫɥɵɯ ɚɧɞɪɨɥɨɝɨɜ ɭɪɨɥɨɝɨɜ ɢ ɷɧɞɨɤɪɢɧɨɥɨɝɨɜ

ɐɟɥɶ ɜɵɛɨɪ ɨɩɬɢɦɚɥɶɧɨɝɨ ɫɩɨɫɨɛɚ ɥɟɱɟɧɢɹ ɮɢɛɪɢɧɨɡɧɨ ɝɧɨɣɧɨɣ ɫɬɚɞɢɢ ɩɥɟɜɪɢɬɚ ɭ ɞɟɬɟɣ ɫ ɞɟɫɬɪɭɤɬɢɜɧɨɣ ɩɧɟɜɦɨɧɢɟɣ Ɇɚɬɟɪɢɚɥɵ ɢ ɦɟɬɨɞɵ ɜɢɞɟɨɬɨɪɚɤɨɫɤɨɩɢɱɟɫɤɨɟ ɥɟɱɟɧɢɟ ȼɌɅ ɝɧɨɣɧɨ ɮɢɛɪɢɧɨɡɧɨɝɨ ɩɥɟɜɪɢɬɚ ɩɪɨɜɨɞɢɬɫɹ ɭ ɞɟɬɟɣ ɧɚɯɨɞɢɜɲɢɯɫɹ ɧɚ ɨɛɫɥɟɞɨɜɚɧɢɢ ɢ ɥɟɱɟɧɢɢ ɜ ɨɬɞɟɥɟɧɢɢ ɝɧɨɣɧɨɣ ɯɢɪɭɪɝɢɢ ȾɈɄȻ ɝ Ɍɜɟɪɢ ɫ ɝ ȼɌɅ ɫ ɫɚɧɚɰɢɟɣ ɩɥɟɜɪɚɥɶɧɨɣ ɩɨɥɨɫɬɢ ɪɚɡɞɟɥɟɧɢɟ ɫɩɚɟɤ ɩɪɨɢɡɜɟɞɟɧɨ ɞɟɬɹɦ ɜ ɜɨɡɪɚɫɬɟ ɨɬ ɞɨ ɥɟɬ ɢɡ ɧɢɯ ɞɜɭɦ ɩɨɜɬɨɪɧɨ ɉɨɤɚɡɚɧɢɹɦɢ ɞɥɹ ɟɝɨ ɩɪɨɜɟɞɟɧɢɹ ɹɜɢɥɚɫɶ ɧɟɷɮɮɟɤɬɢɜɧɨɫɬɶ ɤɨɧɫɟɪɜɚɬɢɜɧɨɝɨ ɥɟɱɟɧɢɹ ɜɵɪɚɠɚɸɳɚɹɫɹ ɜ ɤɨɥɥɚɛɢɪɨɜɚɧɢɢ ɥɟɝɤɨɝɨ ɜ ɬɟɱɟɧɢɢ ɩɟɪɜɵɯ ɫɭɬɨɤ ɫ ɦɨɦɟɧɬɚ ɧɚɫɬɭɩɥɟɧɢɹ ɨɫɥɨɠɧɟɧɢɹ ȼɫɟɦ ɛɨɥɶɧɵɦ ȼɌɅ ɜɵɩɨɥɧɟɧɨ ɩɨɞ ɨɛɳɟɣ ɚɧɟɫɬɟɡɢɟɣ ɫ ɪɚɡɞɟɥɶɧɨɣ ɢɧɬɭɛɚɰɢɟɣ ɥɟɝɤɢɯ ɤɨɬɨɪɚɹ ɫɨɡɞɚɟɬ ɯɢɪɭɪɝɭ ɨɩɬɢɦɚɥɶɧɵɟ ɭɫɥɨɜɢɹ ɞɥɹ ɪɚɛɨɬɵ ɧɚ ɤɨɥɥɚɛɢɪɨɜɚɧɧɨɦ ɥɟɝɤɨɦ ɉɟɪɜɵɣ ɦɦ ɬɪɨɚɤɚɪ ɜɜɨɞɢɥɢ ɱɟɪɟɡ ɢɦɟɸɳɢɣɫɹ ɦɢɤɪɨɬɨɪɚɤɨɬɨɦɧɵɣ ɪɚɡɪɟɡ ɞɪɟɧɚɠɧɨɟ ɨɬɜɟɪɫɬɢɟ ɧɚ ɝɪɭɞɧɨɣ ɤɥɟɬɤɟ ɩɨɫɥɟɞɭɸɳɢɯ ɭɫɬɚɧɚɜɥɢɜɚɥɢ ɩɨɞ ɜɢɞɟɨɤɨɧɬɪɨɥɟɦ ɱɬɨ ɩɨɡɜɨɥɹɥɨ ɢɡɛɟɠɚɬɶ ɬɪɚɜɦɵ ɜɨɫɩɚɥɟɧɧɨɣ ɩɚɪɟɧɯɢɦɵ ɢ ɞɢɚɮɪɚɝɦɵ Ɉɛɴɟɦ ɜɦɟɲɚɬɟɥɶɫɬɜɚ ɜɤɥɸɱɚɥ ɪɚɡɪɭɲɟɧɢɟ ɫɩɚɟɤ ɢ ɫɪɚɳɟɧɢɣ ɩɥɟɜɪɵ ɞɥɹ ɦɚɤɫɢɦɚɥɶɧɨɝɨ ɜɵɞɟɥɟɧɢɹ ɥɟɝɤɨɝɨ ɭɞɚɥɟɧɢɟ ɮɢɛɪɢɧɚ ɫ ɩɚɪɢɟɬɚɥɶɧɨɣ ɢ ɜɢɫɰɟɪɚɥɶɧɨɣ ɩɥɟɜɪ ȼ ɤɨɧɰɟ ɨɩɟɪɚɰɢɢ ɩɪɨɜɨɞɢɥɢ ɬɭɚɥɟɬ ɩɥɟɜɪɚɥɶɧɨɣ ɩɨɥɨɫɬɢ ɪɚɫɬɜɨɪɨɦ ɮɭɪɚɰɢɥɥɢɧɚ ɫ ɟɺ ɩɨɫɥɟɞɭɸɳɢɦ ɞɪɟɧɢɪɨɜɚɧɢɟɦ ɱɟɪɟɡ ɨɞɢɧ ɢɡ ɞɨɫɬɭɩɨɜ ɋɪɟɞɧɹɹ ɩɪɨɞɨɥɠɢɬɟɥɶɧɨɫɬɶ ɨɩɟɪɚɰɢɢ ɫɨɫɬɚɜɢɥɚ ɦɢɧ ȼɨ ɜɪɟɦɹ ɨɩɟɪɚɰɢɢ ɨɫɥɨɠɧɟɧɢɣ ɧɟ ɛɵɥɨ Ɋɟɡɭɥɶɬɚɬɵ ɤɥɢɧɢɱɟɫɤɢɣ ɷɮɮɟɤɬ ȼɌɅ ɩɪɨɹɜɥɹɥɫɹ ɭɥɭɱɲɟɧɢɟɦ ɫɨɫɬɨɹɧɢɹ ɪɟɛɟɧɤɚ ɭɦɟɧɶɲɟɧɢɟɦ ɹɜɥɟɧɢɣ ɢɧɬɨɤɫɢɤɚɰɢɢ ɢ ɞɵɯɚɬɟɥɶɧɨɣ ɧɟɞɨɫɬɚɬɨɱɧɨɫɬɢ ɭɜɟɥɢɱɟɧɢɟɦ ɷɤɫɤɭɪɫɢɢ ɝɪɭɞɧɨɣ ɤɥɟɬɤɢ ɪɚɫɩɪɚɜɥɟɧɢɟɦ ɥɟɝɤɨɝɨ ɧɚ ɤɨɧɬɪɨɥɶɧɵɯ ɪɟɧɬɝɟɧɨɝɪɚɦɦɚɯ ȼɵɜɨɞɵ ɬɨɪɚɤɨɫɤɨɩɢɱɟɫɤɢɣ ɚɞɝɟɡɢɨɥɢɡɢɫ ɢ ɫɚɧɚɰɢɹ ɩɥɟɜɪɚɥɶɧɨɣ ɩɨɥɨɫɬɢ ɷɮɮɟɤɬɢɜɧɵɟ ɦɟɬɨɞɵ ɜ ɥɟɱɟɧɢɢ ɝɧɨɣɧɨ ɮɢɛɪɢɧɨɡɧɨɝɨ ɩɥɟɜɪɢɬɚ ɨɫɥɨɠɧɟɧɧɨɝɨ ɤɨɥɥɚɛɢɪɨɜɚɧɢɟɦ ɥɟɝɤɨɝɨ


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04-39 ɅȺɉȺɊɈɋɄɈɉɂɉȿɋɄɂȿ ɈɉȿɊȺɐɂɂ ɉɊɂ ȻɈɅȿɁɇɂ ȽɂɊɒɉɊɍɇȽȺ ɍ ȾȿɌȿɃ Ɏ ɘ ɋɟɦɺɧɨɜ ɇɚɭɱɧɵɣ ɪɭɤɨɜɨɞɢɬɟɥɶ ± ɞ ɦ ɧ ɩɪɨɮ ɂ ȼ ɉɨɞɞɭɛɧɵɣ Ɇɨɫɤɨɜɫɤɢɣ ɝɨɫɭɞɚɪɫɬɜɟɧɧɵɣ ɦɟɞɢɤɨ ɫɬɨɦɚɬɨɥɨɝɢɱɟɫɤɢɣ ɭɧɢɜɟɪɫɢɬɟɬ Ɋɨɫɫɢɹ ɐɟɥɶ ɪɚɛɨɬɵ ɍɥɭɱɲɟɧɢɟ ɪɟɡɭɥɶɬɚɬɨɜ ɥɟɱɟɧɢɹ ɞɟɬɟɣ ɫ ɛɨɥɟɡɧɶɸ Ƚɢɪɲɩɪɭɧɝɚ ɩɭɬɟɦ ɜɧɟɞɪɟɧɢɹ ɜ ɩɪɚɤɬɢɤɭ ɞɟɬɫɤɨɣ ɤɨɥɨɩɪɨɤɬɨɥɨɝɢɢ ɦɚɥɨɢɧɜɚɡɢɜɧɵɯ ɥɚɩɚɪɨɫɤɨɩɢɱɟɫɤɢɯ ɦɟɬɨɞɢɤ Ɇɚɬɟɪɢɚɥɵ ɢ ɦɟɬɨɞɵ ɋ ɩɨ ɝɝ ɥɚɩɚɪɨɫɤɨɩɢɱɟɫɤɢɟ ɨɩɟɪɚɰɢɢ ɩɨ ɩɨɜɨɞɭ ɛɨɥɟɡɧɢ Ƚɢɪɲɩɪɭɧɝɚ ɛɵɥɢ ɜɵɩɨɥɧɟɧɵ ɞɟɬɹɦ ɜ ɜɨɡɪɚɫɬɟ ɨɬ ɦɟɫ ɞɨ ɥɟɬ ɫ ɪɚɡɥɢɱɧɵɦɢ ɜɚɪɢɚɧɬɚɦɢ ɜɪɨɠɞɟɧɧɨɝɨ ɚɝɚɧɝɥɢɨɡɚ ɬɨɥɫɬɨɣ ɤɢɲɤɢ ɗɬɚɩɵ ɨɩɟɪɚɰɢɢ ɥɚɩɚɪɨɫɤɨɩɢɱɟɫɤɚɹ ɦɨɛɢɥɢɡɚɰɢɹ ɬɨɥɫɬɨɣ ɤɢɲɤɢ ɜɵɩɨɥɧɹɥɚɫɶ ɫ ɩɨɦɨɳɶɸ ɬɪɟɯ ɬɪɨɚɤɚɪɨɜ ± ɜɵɞɟɥɹɥɚɫɶ ɜɫɹ ɫɭɠɟɧɧɚɹ ɡɨɧɚ ɚ ɬɚɤɠɟ ɧɚɢɛɨɥɟɟ ɪɚɫɲɢɪɟɧɧɚɹ ɱɚɫɬɶ ɤɢɲɤɢ ɮɨɪɦɢɪɨɜɚɧɢɟ ɫɟɪɨɡɧɨ ɦɵɲɟɱɧɨɝɨ ɰɢɥɢɧɞɪɚ ɞɥɢɧɨɣ ± ɫɦ ɩɪɨɜɨɞɢɥɨɫɶ ɩɨɞɫɥɢɡɢɫɬɨɣ ɩɪɟɩɚɪɨɜɤɨɣ ɫɨ ɫɬɨɪɨɧɵ ɚɧɚɥɶɧɨɝɨ ɤɚɧɚɥɚ ɢɧɬɪɚɪɟɤɬɚɥɶɧɨɟ ɧɢɡɜɟɞɟɧɢɟ ɤɢɲɤɢ ɧɚ ɩɪɨɦɟɠɧɨɫɬɶ ɪɟɡɟɤɰɢɹ ɫɭɠɟɧɧɨɝɨ ɢ ɦɚɤɫɢɦɚɥɶɧɨ ɪɚɫɲɢɪɟɧɧɨɝɨ ɭɱɚɫɬɤɚ ɫɦ ɬɨɥɫɬɨɣ ɤɢɲɤɢ ɨɬɫɟɱɟɧɢɟ ɧɢɡɜɟɞɟɧɧɨɣ ɤɢɲɤɢ ɢ ɮɨɪɦɢɪɨɜɚɧɢɟ ɤɨɥɨɚɧɚɥɶɧɨɝɨ ɚɧɚɫɬɨɦɨɡɚ Ⱦɥɢɬɟɥɶɧɨɫɬɶ ɨɩɟɪɚɰɢɢ ɤɨɥɟɛɚɥɚɫɶ ɨɬ ɞɨ ɦɢɧ Ɋɟɡɭɥɶɬɚɬɵ ȼɫɟ ɨɩɟɪɚɬɢɜɧɵɟ ɜɦɟɲɚɬɟɥɶɫɬɜɚ ɩɪɨɲɥɢ ɭɫɩɟɲɧɨ ɧɢ ɜ ɨɞɧɨɦ ɫɥɭɱɚɟ ɤɨɧɜɟɪɫɢɢ ɧɚ ɥɚɩɚɪɨɬɨɦɢɸ ɧɟ ɩɪɨɢɡɜɨɞɢɥɨɫɶ ɂɧɬɪɚɨɩɟɪɚɰɢɨɧɧɵɯ ɢ ɩɨɫɥɟɨɩɟɪɚɰɢɨɧɧɵɯ ɨɫɥɨɠɧɟɧɢɣ ɧɟ ɛɵɥɨ ȼɵɜɨɞɵ ± Ʌɚɩɚɪɨɫɤɨɩɢɱɟɫɤɚɹ ɨɩɟɪɚɰɢɹ ɩɨ 6RDYH *HRUJHVRQ ɫɨɱɟɬɚɟɬ ɜ ɫɟɛɟ ɪɚɞɢɤɚɥɶɧɨɫɬɶ ɢ ɦɢɧɢɦɚɥɶɧɭɸ ɬɪɚɜɦɚɬɢɱɧɨɫɬɶ ɩɪɢ ɯɢɪɭɪɝɢɱɟɫɤɨɦ ɥɟɱɟɧɢɢ ɚɝɚɧɝɥɢɨɡɚ ɬɨɥɫɬɨɣ ɤɢɲɤɢ ɭ ɞɟɬɟɣ ɗɧɞɨɯɢɪɭɪɝɢɱɟɫɤɚɹ ɬɟɯɧɨɥɨɝɢɹ ɩɨɡɜɨɥɹɟɬ ɜɵɩɨɥɧɢɬɶ ɩɪɚɤɬɢɱɟɫɤɢ ɜɫɟ ɧɟɨɛɯɨɞɢɦɵɟ ɷɬɚɩɵ ɪɟɜɢɡɢɢ ɦɨɛɢɥɢɡɚɰɢɢ ɩɟɪɟɫɟɱɟɧɢɹ ɪɚɡɥɢɱɧɵɯ ɨɬɞɟɥɨɜ ɬɨɥɫɬɨɣ ɤɢɲɤɢ ɫ ɷɮɮɟɤɬɢɜɧɨɫɬɶɸ ɧɟ ɭɫɬɭɩɚɸɳɟɣ ɨɛɳɟɩɪɢɧɹɬɵɦ ©ɨɬɤɪɵɬɵɦª ɦɟɬɨɞɢɤɚɦ Ʉɨɫɦɟɬɢɱɟɫɤɢɣ ɷɮɮɟɤɬ ɪɟɚɛɢɥɢɬɚɰɢɹ ɛɨɥɶɧɵɯ ɢ ɤɚɱɟɫɬɜɨ ɩɨɫɥɟɨɩɟɪɚɰɢɨɧɧɨɣ ɠɢɡɧɢ ɩɪɢ ɥɚɩɚɪɨɫɤɨɩɢɱɟɫɤɢɯ ɜɦɟɲɚɬɟɥɶɫɬɜɚɯ ɡɧɚɱɢɬɟɥɶɧɨ ɩɪɟɜɨɫɯɨɞɢɬ ɬɚɤɨɜɨɣ ɩɪɢ ©ɨɬɤɪɵɬɵɯª ɨɩɟɪɚɰɢɹɯ

04-40 ɁɇȺɑȿɇɂȿ ɊȿɇȽȿɇɈɄȺɊȾɂɈɆȿɌɊɂɂ ȾɅə ɈɐȿɇɄɂ ɋȿɊȾȿɑɇɈ ɋɈɋɍȾɂɋɌɈɃ ɋɂɋɌȿɆɕ ȾȿɌȿɃ ɋ ȼɈɊɈɇɄɈɈȻɊȺɁɇɈɃ ȾȿɎɈɊɆȺɐɂȿɃ ȽɊɍȾɇɈɃ ɄɅȿɌɄɂ Ȼ ɏ Ɇɢɪɡɚɤɚɪɢɦɨɜ Ɇ ɘɥɞɚɲɟɜ Ʉ ɘɥɱɢɟɜ ɒ Ɉ Ɍɨɲɛɨɟɜ ɇɚɭɱɧɵɣ ɪɭɤɨɜɨɞɢɬɟɥɶ ± ɤ ɦ ɧ ɩɪɨɮ ɀ ɍ Ⱦɠɭɦɚɛɨɟɜ Ⱥɧɞɢɠɚɧɫɤɢɣ ɝɨɫɭɞɚɪɫɬɜɟɧɧɵɣ ɦɟɞɢɰɢɧɫɤɢɣ ɢɧɫɬɢɬɭɬ ɍɡɛɟɤɢɫɬɚɧ Ⱥɧɚɥɢɡ ɥɢɬɟɪɚɬɭɪɵ ɩɨɫɜɹɳɟɧɧɨɣ ɜɨɪɨɧɤɨɨɛɪɚɡɧɨɣ ɞɟɮɨɪɦɚɰɢɢ ɝɪɭɞɧɨɣ ɤɥɟɬɤɢ ȼȾȽɄ ɭ ɞɟɬɟɣ ɩɨɤɚɡɚɥ ɱɬɨ ɪɟɧɬɝɟɧɨɥɨɝɢɱɟɫɤɢɟ 5| ɢɡɦɟɧɟɧɢɹ ɫɟɪɞɟɱɧɨ ɫɨɫɭɞɢɫɬɨɣ ɫɢɫɬɟɦɵ ɋɋɋ ɷɬɨɝɨ ɤɨɧɬɢɧɝɟɧɬɚ ɢɡɭɱɚɸɬɫɹ ɜ ɨɬɞɟɥɶɧɨɫɬɢ ɨɬ ɮɢɡɢɤɚɥɶɧɵɯ ɞɚɧɧɵɯ ɋɋɋ ɐɟɥɶ ɪɚɛɨɬɵ ɂɡɭɱɟɧɢɟ ɪɟɧɬɝɟɧɨɤɚɪɞɢɨɦɟɬɪɢɱɟɫɤɢɯ ɊɄɆ ɩɨɤɚɡɚɬɟɥɟɣ ɋɋɋ ɞɟɬɟɣ ɫ ȼȾȽɄ Ɇɚɬɟɪɢɚɥɵ ɢ ɦɟɬɨɞɵ ɢɫɫɥɟɞɨɜɚɧɢɹ Ɉɛɫɥɟɞɨɜɚɧɵ ɞɟɬɟɣ ɜ ɜɨɡɪɚɫɬɟ ɨɬ ɞɨ ɥɟɬ ɫ ɞɢɚɝɧɨɡɨɦ ȼȾȽɄ Ɉɧɢ ɪɚɫɩɪɟɞɟɥɟɧɵ ɩɨ ɜɨɡɪɚɫɬɭ ± ɥɟɬ ɜɫɟɝɨ ɛɨɥɶɧɵɯ ± ɥɟɬ ± 5 ɢɫɫɥɟɞɨɜɚɧɢɟ ɝɪɭɞɧɨɣ ɤɥɟɬɤɢ ɩɨɡɜɨɥɢɥɨ ɨɩɪɟɞɟɥɢɬɶ ɫɬɟɩɟɧɶ ɞɟɮɨɪɦɚɰɢɢ ɩɨ ɢɧɞɟɤɫɭ *Lå\VND ɂȽ ɂɡ ɩɪɹɦɨɣ ɢ ɛɨɤɨɜɨɣ ɪɟɧɬɝɟɧɨɝɪɚɦɦ ɨɩɪɟɞɟɥɢɥɢ ɊɄɆ ± ɩɚɪɚɦɟɬɪɵ ɫɟɪɞɰɚ ɢ ɦɚɝɢɫɬɪɚɥɶɧɵɯ ɫɨɫɭɞɨɜ ɩɨ ɤɨɷɮɮɢɰɢɟɧɬɚɦ Ɇɭɪɚ Ƚɭɞɜɢɧɚ ɢ ɒɜɟɞɟɥɹ Ɋɟɡɭɥɶɬɚɬɵ ɉɨɤɚɡɚɬɟɥɢ ɢɧɞɟɤɫɚ Ɇɭɪɚ ɢɦɟɸɬ ɛɨɥɟɟ ɱɟɬɤɭɸ ɡɚɜɢɫɢɦɨɫɬɶ ɨɬ ɂȽ ɪ Ɇɟɠɞɭ ɷɬɢɦɢ ɩɨɤɚɡɚɬɟɥɹɦɢ ɢɦɟɟɬɫɹ ɨɛɪɚɬɧɚɹ ɤɨɪɪɟɥɹɬɢɜɧɚɹ ɡɚɜɢɫɢɦɨɫɬɶ U ɂɧɞɟɤɫ Ƚɭɞɜɢɧɚ ɭ ɛɨɥɶɧɵɯ ɞɟɬɟɣ ɫɨ ɡɧɚɱɟɧɢɹɦɢ ɂȽ! ɢ ɧɟ ɢɦɟɟɬ ɫɬɚɬɢɫɬɢɱɟɫɤɨɝɨ ɪɚɡɥɢɱɢɹ ɪ! ɚ ɩɪɢ ɂȽ ɭɜɟɥɢɱɟɧ ɪ ɂɧɞɟɤɫ Ƚɭɞɜɢɧɚ ɢ *Lå\VND ɦɟɠɞɭ ɫɨɛɨɣ ɫɥɚɛɨ ɨɬɪɢɰɚɬɟɥɶɧɨ ɫɜɹɡɚɧɵ U ɇɚɞɨ ɨɬɦɟɬɢɬɶ ɱɬɨ ɦɟɠɞɭ ɢɧɞɟɤɫɚɦɢ Ƚɭɞɜɢɧɚ ɒɜɟɞɟɥɹ U ɢ Ɇɭɪɚ U ɢɦɟɟɬ ɦɟɫɬɨ ɬɟɫɧɚɹ ɩɨɥɨɠɢɬɟɥɶɧɚɹ ɤɨɪɪɟɥɹɬɢɜɧɚɹ ɫɜɹɡɶ ɬ ɤ ɷɬɢ ɩɨɤɚɡɚɬɟɥɢ ɨɬɪɚɠɚɸɬ ɤɚɪɬɢɧɭ ɡɚɫɬɨɹ ɜ ɦɚɥɨɦ ɤɪɭɝɟ ɤɪɨɜɨɨɛɪɚɳɟɧɢɹ Ɂɧɚɱɟɧɢɹ ɢɧɞɟɤɫɚ ɒɜɟɞɟɥɹ ɭ ɛɨɥɶɧɵɯ ɫ ɂȽ ɢ ɦɟɠɞɭ ɫɨɛɨɣ ɧɟ ɪɚɡɥɢɱɚɸɬɫɹ ɪ ɢ ɢɦɟɸɬ ɫɭɳɟɫɬɜɟɧɧɨɟ ɪɚɡɥɢɱɢɟ ɩɪɢ ɂȽ ɪ ɪ Ɇɟɠɞɭ ɢɧɞɟɤɫɨɦ ɒɜɟɞɟɥɹ ɢ *Lå\VND ɢɦɟɟɬɫɹ ɜɵɫɨɤɚɹ ɨɬɪɢɰɚɬɟɥɶɧɚɹ ɤɨɪɪɟɥɹɬɢɜɧɚɹ ɡɚɜɢɫɢɦɨɫɬɶ U ȼɵɜɨɞɵ ɊɄɆ ɢɫɫɥɟɞɨɜɚɧɢɹ ɹɜɥɹɟɬɫɹ ɧɟɢɧɜɚɡɢɜɧɵɦ ɋ ɩɨɦɨɳɶɸ ɊɄɆ ɦɨɠɧɨ ɫɭɞɢɬɶ ɨ ɮɭɧɤɰɢɨɧɚɥɶɧɨɦ ɫɨɫɬɨɹɧɢɢ ɋɋɋ ɉɪɢ ȼȾȽɄ ɭ ɛɨɥɶɧɵɯ ɞɟɬɟɣ ɩɪɟɢɦɭɳɟɫɬɜɟɧɧɨ ɩɨɪɚɠɚɸɬɫɹ ɩɪɚɜɵɟ ɨɬɞɟɥɵ ɫɟɪɞɰɚ ɫ ɧɚɪɭɲɟɧɢɟɦ ɝɟɦɨɞɢɧɚɦɢɤɢ ɜ ɦɚɥɨɦ ɤɪɭɝɟ ɤɪɨɜɨɨɛɪɚɳɟɧɢɹ ɜɵɹɜɥɹɟɦɵɟ ɊɄɆ ɩɨɤɚɡɚɬɟɥɹɦɢ ɤɚɤ ɢɧɞɟɤɫ Ɇɭɪɚ ɒɜɟɞɟɥɹ ɢ Ƚɭɞɜɢɧɚ


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05-5 ɉɋɂɏɈɋȿɆȺɇɌɂɑȿɋɄɂɃ ȺɇȺɅɂɁ ɌȿɅȿɋɇɈȽɈ ɈɉɕɌȺ ɍ ȻɈɅɖɇɕɏ ɉȺɇɄɊȿȺɌɂɌɈɆ ȿ ɋ Ⱥɪɬɸɯɨɜɚ ɇɚɭɱɧɵɣ ɪɭɤɨɜɨɞɢɬɟɥɶ ± ɤ ɩ ɧ ɘ ȼ ɑɟɛɚɤɨɜɚ Ɋɨɫɫɢɣɫɤɢɣ ɝɨɫɭɞɚɪɫɬɜɟɧɧɵɣ ɦɟɞɢɰɢɧɫɤɢɣ ɭɧɢɜɟɪɫɢɬɟɬ ɢɦ ɇ ɂ ɉɢɪɨɝɨɜɚ Ɇɨɫɤɜɚ Ɋɨɫɫɢɹ ȼ ɩɨɫɥɟɞɧɢɟ ɞɟɫɹɬɢɥɟɬɢɹ ɨɬɦɟɱɚɟɬɫɹ ɪɨɫɬ ɱɢɫɥɚ ɛɨɥɶɧɵɯ ɩɚɧɤɪɟɚɬɢɬɨɦ ɬɚɤɠɟ ɢɦɟɟɬɫɹ ɬɟɧɞɟɧɰɢɹ ɤ ɨɦɨɥɨɠɟɧɢɸ ɛɨɥɟɡɧɢ Ɉɬɞɟɥɶɧɭɸ ɩɪɨɛɥɟɦɭ ɩɪɟɞɫɬɚɜɥɹɟɬ ɫɨɛɨɣ ɞɢɚɝɧɨɫɬɢɤɚ ɩɚɧɤɪɟɚɬɢɬɚ ɐɟɥɶ ɢɫɫɥɟɞɨɜɚɧɢɹ ɢɡɭɱɟɧɢɟ ɨɫɧɨɜɧɵɯ ɩɫɢɯɨɫɟɦɚɧɬɢɱɟɫɤɢɯ ɡɚɤɨɧɨɦɟɪɧɨɫɬɟɣ ɨɪɝɚɧɢɡɚɰɢɢ ɜɧɭɬɪɟɧɧɟɝɨ ɬɟɥɟɫɧɨɝɨ ɨɩɵɬɚ ɩɪɢ ɩɚɧɤɪɟɚɬɢɬɟ ɜ ɫɪɚɜɧɟɧɢɢ ɫ ɝɪɭɩɩɨɣ ɧɨɪɦɵ Ƚɢɩɨɬɟɡɵ ɢɫɫɥɟɞɨɜɚɧɢɹ ɬɟɥɟɫɧɵɣ ɨɩɵɬ ɭ ɛɨɥɶɧɵɯ ɩɚɧɤɪɟɚɬɢɬɨɦ ɨɬɥɢɱɚɟɬɫɹ ɨɬ ɝɪɭɩɩɵ ɧɨɪɦɵ ɭɜɟɥɢɱɟɧɢɟɦ ɨɛɴɟɦɚ ɫɬɟɩɟɧɢ ɦɟɬɚɮɨɪɢɱɧɨɫɬɢ ɫɥɨɜɚɪɟɣ ɬɟɥɟɫɧɵɯ ɨɳɭɳɟɧɢɣ ɞɢɮɮɭɡɧɨɫɬɶɸ ɢ ɧɟɞɢɮɮɟɪɟɧɰɢɪɨɜɚɧɧɨɫɬɶɸ ɢɧɬɪɚɰɟɩɬɢɜɧɵɯ ɤɚɬɟɝɨɪɢɣ ɫɭɳɟɫɬɜɭɸɬ ɪɚɡɥɢɱɢɹ ɜ ɫɬɪɭɤɬɭɪɟ ɬɟɥɟɫɧɨɝɨ ɨɩɵɬɚ ɭ ɛɨɥɶɧɵɯ ɫ ɨɫɬɪɵɦ Ɉɉ ɢ ɯɪɨɧɢɱɟɫɤɢɦ ɩɚɧɤɪɟɚɬɢɬɨɦ ɏɉ ȼ ɢɫɫɥɟɞɨɜɚɧɢɢ ɢɫɩɨɥɶɡɨɜɚɥɢɫɶ ɦɟɬɨɞɢɤɢ «ɤɥɚɫɫɢɮɢɤɚɰɢɹ ɨɳɭɳɟɧɢɣ» ©ɤɥɚɫɫɢɮɢɤɚɰɢɹ ɞɟɫɤɪɢɩɬɨɪɨɜ ɫɨɦɚɬɢɱɟɫɤɢɯ ɨɳɭɳɟɧɢɣª ɫɬɚɧɞɚɪɬɢɡɢɪɨɜɚɧɧɵɣ ɦɧɨɝɨɮɚɤɬɨɪɧɵɣ ɦɟɬɨɞ ɢɫɫɥɟɞɨɜɚɧɢɹ ɥɢɱɧɨɫɬɢ ɬɟɫɬ ɱɟɪɧɢɥɶɧɵɯ ɩɹɬɟɧ Ɋɨɪɲɚɯɚ Ʉɥɢɧɢɱɟɫɤɚɹ ɝɪɭɩɩɚ ɢ ɝɪɭɩɩɚ ɧɨɪɦɵ ɫɨɫɬɨɹɥɢ ɢɡ ɱɟɥɨɜɟɤ ɤɚɠɞɚɹ ȼ ɤɥɢɧɢɱɟɫɤɨɣ ɝɪɭɩɩɟ ɛɵɥɢ ɜɵɞɟɥɟɧɵ ɩɨɞɝɪɭɩɩɵ ɫ Ɉɉ ɛɨɥɶɧɵɯ ɢ ɫ ɏɉ ɛɨɥɶɧɵɯ ɉɨ ɪɟɡɭɥɶɬɚɬɚɦ ɢɫɫɥɟɞɨɜɚɧɢɹ ɛɵɥɨ ɜɵɹɜɥɟɧɨ ɱɬɨ ɬɟɥɟɫɧɵɣ ɨɩɵɬ ɭ ɛɨɥɶɧɵɯ ɩɚɧɤɪɟɚɬɢɬɨɦ ɯɚɪɚɤɬɟɪɢɡɭɟɬɫɹ ɮɟɧɨɦɟɧɚɦɢ ɞɢɮɮɭɡɧɨɫɬɢ ɢ ɧɟɞɢɮɮɟɪɟɧɰɢɪɨɜɚɧɧɨɫɬɢ ɢɧɬɪɚɰɟɩɬɢɜɧɵɯ ɨɳɭɳɟɧɢɣ ɜ ɬɨ ɜɪɟɦɹ ɤɚɤ ɫɥɨɜɚɪɶ ɢɧɬɪɚɰɟɩɬɢɜɧɵɯ ɨɳɭɳɟɧɢɣ ɨɬɥɢɱɚɟɬɫɹ ɭɜɟɥɢɱɟɧɢɟɦ ɨɛɴɟɦɚ ɢ ɜɵɫɨɤɨɣ ɦɟɬɚɮɨɪɢɱɧɨɫɬɶɸ ɞɟɫɤɪɢɩɬɨɪɨɜ Ȼɵɥɨ ɬɚɤɠɟ ɩɨɤɚɡɚɧɨ ɱɬɨ ɧɚɪɭɲɟɧɢɟ ɤɚɬɟɝɨɪɢɡɚɰɢɢ ɢɧɬɪɚɰɟɩɬɢɜɧɵɯ ɨɳɭɳɟɧɢɣ ɜɵɪɚɠɚɟɬɫɹ ɩɪɢ Ɉɉ ɜ ɤɚɱɟɫɬɜɟɧɧɨɦ ɢɫɤɚɠɟɧɢɢ ɫɥɨɜɚɪɟɣ ɜɧɭɬɪɟɧɧɟɣ ɬɟɥɟɫɧɨɫɬɢ ɚ ɩɪɢ ɏɉ ɤɚɤ ɜ ɤɚɱɟɫɬɜɟɧɧɨɦ ɬɚɤ ɢ ɜ ɤɨɥɢɱɟɫɬɜɟɧɧɨɦ ɢɫɤɚɠɟɧɢɢ Ɍɚɤɠɟ ɜ ɯɨɞɟ ɢɫɫɥɟɞɨɜɚɧɢɹ ɛɵɥɨ ɩɨɤɚɡɚɧɨ ɱɬɨ ɧɚɪɭɲɟɧɢɟ ɤɚɬɟɝɨɪɢɡɚɰɢɢ ɢɧɬɪɚɰɟɩɬɢɜɧɨɝɨ ɬɟɥɟɫɧɨɝɨ ɨɩɵɬɚ ɫɜɹɡɚɧɨ ɫ ɚɤɬɭɚɥɢɡɚɰɢɟɣ ɥɚɬɟɧɬɧɵɯ ɩɪɢɡɧɚɤɨɜ ɞɟɫɤɪɢɩɬɨɪɨɜ ɤɚɬɟɝɨɪɢɣ ɢ ɫɞɜɢɝɚ ɦɨɬɢɜɚ ɧɚ ɰɟɥɶ

05-7 ɂɁɍɑȿɇɂȿ ɅȺɌȿɇɌɇɕɏ ȺȽɊȿɋɋɂȼɇɕɏ ɌȿɇȾȿɇɐɂɃ ɍ ȻɈɅɖɇɕɏ ɒɂɁɈɎɊȿɇɂȿɃ ɋ ɉȿɊȼɕɆ ɉɋɂɏɈɌɂɑȿɋɄɂɆ ɗɉɂɁɈȾɈɆ Ⱥ ɂ ȿɪɡɢɧ ɇɚɭɱɧɵɣ ɪɭɤɨɜɨɞɢɬɟɥɶ ± ɤ ɦ ɧ ɞɨɰ Ƚ ɂ Ⱦɟɪɟɱɚ Ɉɪɟɧɛɭɪɝɫɤɚɹ ɝɨɫɭɞɚɪɫɬɜɟɧɧɚɹ ɦɟɞɢɰɢɧɫɤɚɹ ɚɤɚɞɟɦɢɹ Ɋɨɫɫɢɹ ɒɢɡɨɮɪɟɧɢɹ ɢ ɩɪɚɜɨɧɚɪɭɲɟɧɢɹ ± ɧɚɫɤɨɥɶɤɨ ɜɟɪɨɹɬɧɨ ɩɨɞɨɛɧɨɟ ɫɨɱɟɬɚɧɢɟ" Ɂɚɪɭɛɟɠɧɵɟ ɫɩɟɰɢɚɥɢɫɬɵ ɩɨɥɚɝɚɸɬ ɱɬɨ ɢɧɞɢɜɢɞɵ ɫɬɪɚɞɚɸɳɢɟ ɲɢɡɨɮɪɟɧɢɟɣ ɜɧɨɫɹɬ ɫɭɳɟɫɬɜɟɧɧɵɣ ɜɤɥɚɞ ɜ ɧɚɫɢɥɢɟ ɜ ɨɛɳɟɫɬɜɟ ɢ ɩɪɢ ɷɬɨɦ ɱɚɫɬɨ ɝɭɛɹɬ ɫɨɛɫɬɜɟɧɧɭɸ ɠɢɡɧɶ Ɇɟɠɞɭ ɧɚɥɢɱɢɟɦ ɲɢɡɨɮɪɟɧɢɱɟɫɤɨɝɨ ɫɢɧɞɪɨɦɚ ɢ ɩɪɨɹɜɥɟɧɢɹɦɢ ɚɧɬɢɫɨɰɢɚɥɶɧɨɝɨ ɩɨɜɟɞɟɧɢɹ ɜ ɰɟɥɨɦ ɢ ɧɚɫɢɥɢɹ ± ɜ ɱɚɫɬɧɨɫɬɢ ɫɭɳɟɫɬɜɭɟɬ ɤɨɪɪɟɥɹɰɢɹ 3DXO ( 0XOOHQ ɐɟɥɶɸ ɞɚɧɧɨɝɨ ɢɫɫɥɟɞɨɜɚɧɢɹ ɫɬɚɥɨ ɢɡɭɱɟɧɢɟ ɫɤɪɵɬɵɯ ɚɝɪɟɫɫɢɜɧɵɯ ɬɟɧɞɟɧɰɢɣ ɭ ɛɨɥɶɧɵɯ ɲɢɡɨɮɪɟɧɢɟɣ Ɇɟɬɨɞɵ ɨɩɪɨɫɧɢɤ Ȼɚɫɫɚ±Ⱦɚɪɤɢ ɬɟɫɬ ɪɭɤɢ ȼɚɝɧɟɪɚ Ƚɪɭɩɩɭ ɨɛɫɥɟɞɨɜɚɧɧɵɯ ɛɨɥɶɧɵɯ ɫɨɫɬɚɜɢɥ ɩɚɰɢɟɧɬ ɫɬɪɚɞɚɸɳɢɣ ɲɢɡɨɮɪɟɧɢɟɣ ɢ ɩɨɫɬɭɩɢɜɲɢɣ ɜ ɨɬɞɟɥɟɧɢɟ ɩɫɢɯɢɚɬɪɢɱɟɫɤɨɣ ɤɥɢɧɢɤɢ ɜɩɟɪɜɵɟ ȼ ɢɫɫɥɟɞɨɜɚɧɢɢ ɩɪɢɧɹɥɢ ɭɱɚɫɬɢɟ ɤɚɤ ɦɭɠɱɢɧɵ ɬɚɤ ɢ ɠɟɧɳɢɧɵ ɜ ɜɨɡɪɚɫɬɟ ɨɬ ɞɨ ɥɟɬ ɫ ɩɚɪɚɧɨɢɞɧɨɣ ɮɨɪɦɨɣ ɲɢɡɨɮɪɟɧɢɢ Ɋɟɡɭɥɶɬɚɬɵ ɉɪɢ ɢɫɫɥɟɞɨɜɚɧɢɢ ɛɨɥɶɧɵɯ ɫ ɩɨɦɨɳɶɸ ɨɩɪɨɫɧɢɤɚ Ȼɚɫɫɚ±Ⱦɚɪɤɢ ɥɢɲɶ ɭ ɢɫɩɵɬɭɟɦɵɯ ɛɵɥɢ ɜɵɹɜɥɟɧɵ ɜɵɫɨɤɢɟ ɩɨɤɚɡɚɬɟɥɢ ɮɢɡɢɱɟɫɤɨɣ ɚɝɪɟɫɫɢɢ ɭ ɩɚɰɢɟɧɬɨɜ ± ɜɟɪɛɚɥɶɧɨɣ ɚɝɪɟɫɫɢɢ ɭ ± ɪɚɡɞɪɚɠɟɧɢɹ ȼɵɫɨɤɢɟ ɡɧɚɱɟɧɢɹ ɢɧɞɟɤɫɚ ɚɝɪɟɫɫɢɜɧɨɫɬɢ ± ɭ ɩɚɰɢɟɧɬɨɜ ɉɨɥɭɱɟɧɧɵɟ ɞɚɧɧɵɟ ɩɨɡɜɨɥɹɸɬ ɫɭɞɢɬɶ ɨ ɬɨɦ ɱɬɨ ɢɫɩɵɬɭɟɦɵɟ ɱɚɫɬɨ ɫɤɥɨɧɧɵ ɞɚɜɚɬɶ ɫɨɰɢɚɥɶɧɨ ɨɞɨɛɪɹɟɦɵɟ ɨɬɜɟɬɵ Ɉɞɧɚɤɨ ɢɫɩɵɬɭɟɦɵɯ ɩɪɢ ɬɟɫɬɢɪɨɜɚɧɢɢ ɩɪɨɟɤɬɢɜɧɨɣ ɦɟɬɨɞɢɤɨɣ KDQG ɬɟɫɬ ɩɪɨɞɟɦɨɧɫɬɪɢɪɨɜɚɥɢ ɜɵɫɨɤɢɟ ɩɨɤɚɡɚɬɟɥɢ ɫɤɥɨɧɧɨɫɬɢ ɤ ɚɝɪɟɫɫɢɜɧɨɦɭ ɩɨɜɟɞɟɧɢɸ ɱɬɨ ɫɜɢɞɟɬɟɥɶɫɬɜɭɟɬ ɨ ɪɟɚɥɶɧɨɣ ɜɟɪɨɹɬɧɨɫɬɢ ɩɪɨɹɜɥɟɧɢɹ ɚɝɪɟɫɫɢɢ Ɍɚɤɢɦ ɨɛɪɚɡɨɦ ɛɵɥɢ ɜɵɹɜɥɟɧɵ ɥɚɬɟɧɬɧɵɟ ɚɝɪɟɫɫɢɜɧɵɟ ɬɟɧɞɟɧɰɢɢ ɭ ɛɨɥɶɧɵɯ ɲɢɡɨɮɪɟɧɢɟɣ ɩɪɟɞɫɬɚɜɥɹɸɳɢɟ ɫɟɪɶɟɡɧɭɸ ɨɩɚɫɧɨɫɬɶ ɤɚɤ ɞɥɹ ɦɟɞɢɰɢɧɫɤɨɝɨ ɩɟɪɫɨɧɚɥɚ ɬɚɤ ɢ ɞɥɹ ɢɯ ɨɤɪɭɠɟɧɢɹ ɜ ɰɟɥɨɦ ɉɨɥɭɱɟɧɧɵɟ ɞɚɧɧɵɟ ɬɚɤɠɟ ɩɨɡɜɨɥɹɸɬ ɜɵɹɜɢɬɶ ɦɢɲɟɧɢ ɩɫɢɯɨɤɨɪɪɟɤɰɢɢ ɚ ɪɚɛɨɬɚ ɫ ɧɢɦɢ ɩɨɦɨɠɟɬ ɫɧɢɡɢɬɶ ɪɢɫɤ ɚɧɬɢɫɨɰɢɚɥɶɧɨɝɨ ɩɨɜɟɞɟɧɢɹ


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ǪȍșȚȕȐȒ ǸǫǴǻ ǹȗȍȞȐȈȓȤȕȣȑ ȊȣȗțșȒ ȹ 05-21 ɈɋɈȻȿɇɇɈɋɌɂ ɊɈȾɂɌȿɅɖɋɄɈȽɈ ɈɌɇɈɒȿɇɂə ɂ ɊɈȾɂɌȿɅɖɋɄɈɃ ɉɈɁɂɐɂɂ ȼ ɋȿɆɖəɏ ȾȿɌȿɃ ɋ ȺɍɌɂɁɆɈɆ ȿ ȼ ȼɨɪɨɛɶɟɜɚ ɇɚɭɱɧɵɣ ɪɭɤɨɜɨɞɢɬɟɥɶ ± ɤ ɦ ɧ ɞɨɰ ɇ ȼ Ʉɚɡɚɧɰɟɜɚ ɋɢɛɢɪɫɤɢɣ ɝɨɫɭɞɚɪɫɬɜɟɧɧɵɣ ɦɟɞɢɰɢɧɫɤɢɣ ɭɧɢɜɟɪɫɢɬɟɬ ɋɢɛɢɪɶ Ɋɨɫɫɢɹ

05-23 ȼɁȺɂɆɈɋȼəɁɖ ȽɅɍȻɂɇɇɕɏ ɉɋɂɏɈɅɈȽɂɑȿɋɄɂɏ ɆȿɏȺɇɂɁɆɈȼ ɂ ɆɈɌɂȼɈȼ ɌɊɍȾȺ ɍ ɉɊȿȾɋɌȺȼɂɌȿɅȿɃ ɆȿȾɂɐɂɇɋɄɈɃ ɂ ɉȿȾȺȽɈȽɂɑȿɋɄɈɃ ɉɊɈɎȿɋɋɂɃ Ⱦ ɋ ɂɲɤɨɜɚ Ʌ Ⱥ Ⱥɧɬɨɯɢɧɚ ɇɚɭɱɧɵɣ ɪɭɤɨɜɨɞɢɬɟɥɶ ± ɤ ɦ ɧ ɞɨɰ ȿ ɘ Ⱥɧɬɨɯɢɧ Ɉɪɟɧɛɭɪɝɫɤɚɹ ɝɨɫɭɞɚɪɫɬɜɟɧɧɚɹ ɦɟɞɢɰɢɧɫɤɚɹ ɚɤɚɞɟɦɢɹ Ɋɨɫɫɢɹ

ɇɚ ɫɨɜɪɟɦɟɧɧɨɦ ɷɬɚɩɟ ɢɡɭɱɟɧɢɹ ɩɪɨɛɥɟɦɵ ɤɨɪɪɟɤɰɢɢ ɚɭɬɢɱɧɵɯ ɞɟɬɟɣ ɢɫɫɥɟɞɨɜɚɬɟɥɢ ɜɫɟ ɱɚɲɟ ɩɪɢɯɨɞɹɬ ɤ ɜɵɜɨɞɚɦ ɨ ɧɟɨɛɯɨɞɢɦɨɫɬɢ ɨɤɚɡɚɧɢɹ ɩɫɢɯɨɬɟɪɚɩɟɜɬɢɱɟɫɤɢɯ ɢɧɬɟɪɜɟɧɰɢɣ ɧɟ ɬɨɥɶɤɨ ɞɟɬɹɦ ɧɨ ɢ ɪɨɞɢɬɟɥɹɦ ɨɫɨɛɟɧɧɨ ɦɚɬɟɪɹɦ Ⱥɤɬɭɚɥɶɧɨɫɬɶ ɢɫɫɥɟɞɭɟɦɨɣ ɬɟɦɵ ɨɩɪɟɞɟɥɹɟɬɫɹ ɧɟɨɛɯɨɞɢɦɨɫɬɶɸ ɧɚɭɱɧɨɝɨ ɨɛɨɫɧɨɜɚɧɢɹ ɢ ɜɵɪɚɛɨɬɤɢ ɩɫɢɯɨɬɟɪɚɩɟɜɬɢɱɟɫɤɢɯ ɩɪɟɞɥɨɠɟɧɢɣ ɜ ɫɨɨɬɜɟɬɫɬɜɢɢ ɫɨ ɫɩɟɰɢɮɢɱɟɫɤɢɦ ɪɨɞɢɬɟɥɶɫɤɢɦ ɨɬɧɨɲɟɧɢɟɦ ɤ ɪɟɛɟɧɤɭ ɫ ɊȺɋ ɐɟɥɶɸ ɧɚɫɬɨɹɳɟɝɨ ɢɫɫɥɟɞɨɜɚɧɢɹ ɹɜɥɹɟɬɫɹ ɨɩɪɟɞɟɥɟɧɢɟ ɨɫɨɛɟɧɧɨɫɬɟɣ ɪɨɞɢɬɟɥɶɫɤɨɣ ɩɨɡɢɰɢɢ ɢ ɪɨɞɢɬɟɥɶɫɤɨɝɨ ɨɬɧɨɲɟɧɢɹ ɤ ɞɟɬɹɦ ɫ ɊȺɋ ȼ ɢɫɫɥɟɞɨɜɚɧɢɢ ɩɪɢɧɹɥɢ ɭɱɚɫɬɢɟ ɞɟɬɟɣ ɦɥɚɞɲɟɝɨ ɲɤɨɥɶɧɨɝɨ ɜɨɡɪɚɫɬɚ ɢ ɢɯ ɦɚɬɟɪɟɣ ɢɡ ɤɨɬɨɪɵɯ ɞɟɬɟɣ ɫ ɊȺɋ ɨɫɧɨɜɧɚɹ ɝɪɭɩɩɚ ɢ ɞɟɬɟɣ ɫ ɬɢɩɢɱɧɵɦ ɪɚɡɜɢɬɢɟɦ ɤɨɧɬɪɨɥɶɧɚɹ ɝɪɭɩɩɚ Ȼɵɥɢ ɢɫɩɨɥɶɡɨɜɚɧɵ ɤɥɢɧɢɤɨ ɩɫɢɯɨɥɨɝɢɱɟɫɤɢɟ ɦɟɬɨɞɵ ɞɢɚɝɧɨɫɬɢɱɟɫɤɚɹ ɲɤɚɥɚ ɞɥɹ ɜɵɹɜɥɟɧɢɹ ɞɟɬɟɣ ɫ ɊȺɋ &$56 ɨɩɪɨɫɧɢɤ ɩɪɢɧɹɬɢɹ ɪɨɞɢɬɟɥɶɫɤɨɣ ɩɨɡɢɰɢɢ ȿ ɂ Ɂɚɯɚɪɨɜɨɣ ɢ Ⱥ ɂ ɋɬɪɨɝɚɥɢɧɨɣ ɬɟɫɬ ɨɩɪɨɫɧɢɤ ɪɨɞɢɬɟɥɶɫɤɨɝɨ ɨɬɧɨɲɟɧɢɹ Ⱥ ə ȼɚɪɝɚ ȼ ȼ ɋɬɨɥɢɧɚ ɈɊɈ ɂɫɩɨɥɶɡɨɜɚɥɢɫɶ ɫɬɚɬɢɫɬɢɱɟɫɤɢɟ ɦɟɬɨɞɵ ɢɫɫɥɟɞɨɜɚɧɢɹ ɧɟɩɚɪɚɦɟɬɪɢɱɟɫɤɢɟ 8 ɤɪɢɬɟɪɢɢ Ɇɚɧɧɚ ɍɢɬɧɢ ɢ ɇ ɤɪɢɬɟɪɢɣ Ʉɪɭɫɤɚɥɚ ɍɨɥɥɢɫɚ ɉɨɥɭɱɟɧɧɵɟ ɪɟɡɭɥɶɬɚɬɵ ɫɜɢɞɟɬɟɥɶɫɬɜɭɸɬ ɱɬɨ ɪɨɞɢɬɟɥɶɫɤɢɟ ɩɨɡɢɰɢɢ ɭ ɦɚɬɟɪɟɣ ɞɟɬɟɣ ɛɨɥɶɧɵɯ ɊȺɋ ɯɚɪɚɤɬɟɪɢɡɭɸɬɫɹ ɟɟ ɨɛɳɢɦ ɧɟɩɪɢɧɹɬɢɟɦ ɚ ɜ ɨɫɨɛɟɧɧɨɫɬɢ ɩɨɡɢɰɢɣ ©ɡɚɛɨɬɚª ©ɤɨɧɬɪɨɥɶª ©ɷɦɨɰɢɨɧɚɥɶɧɨɟ ɩɪɢɧɹɬɢɟª ɪ Ɋɨɞɢɬɟɥɶɫɤɨɟ ɨɬɧɨɲɟɧɢɟ ɭ ɦɚɬɟɪɟɣ ɞɟɬɟɣ ɛɨɥɶɧɵɯ ɊȺɋ ɞɨɫɬɨɜɟɪɧɨ ɨɬɥɢɱɚɟɬɫɹ ɨɬ ɧɨɪɦɵ ɩɨ ɜɫɟɦ ɲɤɚɥɚɦ ɨɩɪɨɫɧɢɤɚ ɈɊɈ ɜ ɷɦɨɰɢɨɧɚɥɶɧɨɦ ɤɨɝɧɢɬɢɜɧɨɦ ɢ ɩɨɜɟɞɟɧɱɟɫɤɨɦ ɞɨɦɟɧɚɯ ɪ ɉɪɢ ɫɨɨɬɧɟɫɟɧɢɢ ɪɟɡɭɥɶɬɚɬɨɜ ɩɨ ɲɤɚɥɟ &$56 ɢ ɤɨɥɢɱɟɫɬɜɟɧɧɵɦɢ ɩɨɤɚɡɚɬɟɥɹɦɢ ɩɪɢɧɹɬɢɹ ɧɟɩɪɢɧɹɬɢɹ ɪɨɞɢɬɟɥɶɫɤɨɣ ɩɨɡɢɰɢɢ ɢ ɜɚɪɢɚɧɬɚ ɪɨɞɢɬɟɥɶɫɤɨɝɨ ɨɬɧɨɲɟɧɢɹ ɧɟ ɛɵɥɨ ɜɵɹɜɥɟɧɨ ɞɨɫɬɨɜɟɪɧɵɯ ɪɚɡɥɢɱɢɣ ɜ ɡɚɜɢɫɢɦɨɫɬɢ ɨɬ ɫɬɟɩɟɧɢ ɬɹɠɟɫɬɢ ɊȺɋ

ɐɟɥɶ ɢɫɫɥɟɞɨɜɚɧɢɹ ɨɩɪɟɞɟɥɢɬɶ ɜɡɚɢɦɨɫɜɹɡɶ ɦɨɬɢɜɨɜ ɬɪɭɞɚ ɢ ɦɟɯɚɧɢɡɦɨɜ ɩɫɢɯɨɥɨɝɢɱɟɫɤɨɣ ɡɚɳɢɬɵ ɆɉɁ ɭ ɩɪɟɞɫɬɚɜɢɬɟɥɟɣ ɪɚɡɥɢɱɧɵɯ ɩɪɨɮɟɫɫɢɣ ɂɫɫɥɟɞɨɜɚɧɢɟ ɩɪɨɜɨɞɢɥɨɫɶ ɧɚ ɞɜɭɯ ɫɨɩɨɫɬɚɜɢɦɵɯ ɩɨ ɤɨɥɢɱɟɫɬɜɭ ɫɨɰɢɚɥɶɧɨɦɭ ɫɬɚɬɭɫɭ ɝɪɭɩɩɚɯ ɢɫɩɵɬɭɟɦɵɯ ɦɟɞɢɰɢɧɫɤɢɟ ɫɟɫɬɪɵ ɩɫɢɯɢɚɬɪɢɱɟɫɤɨɣ ɤɥɢɧɢɤɢ ɢ ɜɨɫɩɢɬɚɬɟɥɹ ɞɟɬɫɤɢɯ ɫɚɞɨɜ Ɇɟɬɨɞɵ ɷɤɫɩɟɪɢɦɟɧɬɚɥɶɧɨ ɩɫɢɯɨɥɨɝɢɱɟɫɤɢɣ ɚɧɤɟɬɢɪɨɜɚɧɢɟ ɦɟɬɨɞɢɤɢ ©ɂɧɞɟɤɫ ɠɢɡɧɟɧɧɨɝɨ ɫɬɢɥɹª Ʉɟɥɥɟɪɦɚɧɚ ɉɥɭɬɱɢɤɚ ± ɞɢɚɝɧɨɫɬɢɤɚ ɆɉɁ ɢ Ʉ Ɂɚɦɮɢɪɚ ɜ ɦɨɞɢɮɢɤɚɰɢɢ Ⱥ Ɋɟɚɧɚ ± ɞɢɚɝɧɨɫɬɢɤɚ ɦɨɬɢɜɚɰɢɢ ɬɪɭɞɨɜɨɣ ɞɟɹɬɟɥɶɧɨɫɬɢ ɫɬɚɬɢɫɬɢɱɟɫɤɢɣ ɨɩɢɫɚɬɟɥɶɧɚɹ ɫɬɚɬɢɫɬɢɤɚ ɤɨɪɪɟɥɹɰɢɨɧɧɵɣ ɚɧɚɥɢɡ ɋɩɢɪɦɟɧɚ ɤɨɷɮɮɢɰɢɟɧɬ Ɇɚɧɧɚ ɍɢɬɧɢ Ɋɟɡɭɥɶɬɚɬɵ ɜɧɟɲɧɟ ɩɨɥɨɠɢɬɟɥɶɧɵɟ ɢ ɜɧɭɬɪɟɧɧɢɟ ɦɨɬɢɜɵ ɩɪɟɨɛɥɚɞɚɸɬ ɭ ɫɩɟɰɢɚɥɢɫɬɨɜ ɞɜɭɯ ɢɫɫɥɟɞɭɟɦɵɯ ɝɪɭɩɩ ɢ ɩɨɥɨɠɢɬɟɥɶɧɨ ɤɨɪɪɟɥɢɪɭɸɬ ɫ ɆɉɁ ©ɤɨɦɩɟɧɫɚɰɢɹª ɭɫɬɚɧɨɜɥɟɧɚ ɩɨɥɨɠɢɬɟɥɶɧɚɹ ɜɡɚɢɦɨɫɜɹɡɶ ɦɟɠɞɭ ɫɬɚɠɟɦ ɢ ɜɧɟɲɧɟ ɨɬɪɢɰɚɬɟɥɶɧɵɦɢ ɦɨɬɢɜɚɦɢ ɱɬɨ ɫɜɹɡɚɧɨ ɫ ɭɫɢɥɟɧɢɟɦ ɫ ɨɩɵɬɨɦ ɪɚɛɨɬɵ ɫɨɡɧɚɬɟɥɶɧɨɝɨ ɤɨɧɬɪɨɥɹ ɧɚɞ ɫɜɨɢɦɢ ɞɟɣɫɬɜɢɹɦɢ ɢ ɠɟɥɚɧɢɹ ɢɡɛɟɠɚɬɶ ɤɪɢɬɢɤɢ ɫɨ ɫɬɨɪɨɧɵ ɤɨɥɥɟɝ Ɉɩɪɟɞɟɥɟɧɚ ɩɨɥɨɠɢɬɟɥɶɧɚɹ ɩɪɹɦɚɹ ɤɨɪɪɟɥɹɰɢɹ ɦɟɠɞɭ ɆɉɁ ©ɪɟɚɤɬɢɜɧɵɟ ɨɛɪɚɡɨɜɚɧɢɹª ɢ ɦɨɬɢɜɨɦ ©ɞɟɧɟɠɧɵɣ ɡɚɪɚɛɨɬɨɤª ɱɬɨ ɦɨɠɧɨ ɨɛɴɹɫɧɢɬɶ ɧɢɡɤɨɣ ɨɩɥɚɬɨɣ ɬɪɭɞɚ ɞɚɧɧɵɯ ɩɪɨɮɟɫɫɢɣ ɢɡ ɡɚ ɱɟɝɨ ɩɪɟɞɫɬɚɜɢɬɟɥɢ ɷɬɢɯ ɩɪɨɮɟɫɫɢɣ ɜɵɧɭɠɞɟɧɵ ɢɫɤɚɬɶ ɞɨɩɨɥɧɢɬɟɥɶɧɵɣ ɡɚɪɚɛɨɬɨɤ ȼɵɹɜɥɟɧɨ ɱɬɨ ɜ ɨɛɟɢɯ ɝɪɭɩɩɚɯ ɩɪɟɨɛɥɚɞɚɟɬ ɦɨɬɢɜ ©ɫɬɪɟɦɥɟɧɢɟ ɤ ɩɪɨɞɜɢɠɟɧɢɸ ɩɨ ɪɚɛɨɬɟª ɱɬɨ ɬɚɤɠɟ ɦɨɠɟɬ ɛɵɬɶ ɫɜɹɡɚɧɨ ɫ ɧɢɡɤɨɣ ɡɚɪɚɛɨɬɧɨɣ ɩɥɚɬɨɣ ɆɉɁ ©ɜɵɬɟɫɧɟɧɢɟª ɨɬɪɢɰɚɬɟɥɶɧɨ ɤɨɪɪɟɥɢɪɭɟɬ ɫ ɦɨɬɢɜɨɦ ©ɫɬɪɟɦɥɟɧɢɟ ɢɡɛɟɠɚɬɶ ɜɨɡɦɨɠɧɵɯ ɧɚɤɚɡɚɧɢɣ ɢɥɢ ɧɟɩɪɢɹɬɧɨɫɬɟɣª ɬɚɤ ɤɚɤ ɥɢɱɧɨɫɬɶ ɩɵɬɚɟɬɫɹ ɢɡɛɟɠɚɬɶ ɜɨɡɦɨɠɧɵɯ ɧɟɩɪɢɹɬɧɨɫɬɟɣ ɩɨ ɪɚɛɨɬɟ ɜɵɬɟɫɧɹɹ ɜ ɛɟɫɫɨɡɧɚɬɟɥɶɧɨɟ ɩɪɨɛɥɟɦɵ ɜ ɬɪɭɞɨɜɨɣ ɞɟɹɬɟɥɶɧɨɫɬɢ Ɍɚɤɢɦ ɨɛɪɚɡɨɦ ɩɨ ɪɟɡɭɥɶɬɚɬɚɦ ɧɚɲɢɯ ɢɫɫɥɟɞɨɜɚɧɢɣ ɭɫɬɚɧɨɜɥɟɧɨ ɱɬɨ ɦɟɠɞɭ ɝɥɭɛɢɧɧɵɦɢ ɩɫɢɯɨɥɨɝɢɱɟɫɤɢɦɢ ɦɟɯɚɧɢɡɦɚɦɢ ɢ ɦɨɬɢɜɚɦɢ ɬɪɭɞɚ ɫɭɳɟɫɬɜɭɟɬ ɜɡɚɢɦɨɫɜɹɡɶ ɱɬɨ ɨɩɪɟɞɟɥɹɟɬ ɜɨɡɦɨɠɧɵɟ ©ɦɢɲɟɧɢª ɩɫɢɯɨɥɨɝɢɱɟɫɤɨɣ ɤɨɪɪɟɤɰɢɢ ɧɚɩɪɚɜɥɟɧɧɨɣ ɧɚ ɩɪɨɮɢɥɚɤɬɢɤɭ ɷɦɨɰɢɨɧɚɥɶɧɨɝɨ ɜɵɝɨɪɚɧɢɹ

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ǹȍȒȞȐȧ «DzȓȐȕȐȟȍșȒȈȧ ȗșȐȝȖȓȖȋȐȧ Ȑ ȗșȐȝȐȈȚȘȐȧ» 05-28 ɋɊȺȼɇɂɌȿɅɖɇɕɃ ȺɇȺɅɂɁ ɉɊȿȾɋɌȺȼɅȿɇɂɃ Ɉ ɌȿɅȿ ɂ ɈɋɈȻȿɇɇɈɋɌȿɃ ɋɌȺɇɈȼɅȿɇɂə ɌȿɅȿɋɇɈȽɈ ɈȻɊȺɁȺ ɍ ȾȿɌȿɃ ɊȺɁɇɈȽɈ ȼɈɁɊȺɋɌȺ Ⱦ Ⱥ Ʉɨɦɨɥɨɜ Ⱥ ȼ Ȼɚɠɟɧɨɜ ɇɚɭɱɧɵɣ ɪɭɤɨɜɨɞɢɬɟɥɶ ± ɤ ɦ ɧ ɞɨɰ Ɍ Ƚ Ƚɨɪɹɱɟɜɚ Ɋɨɫɫɢɣɫɤɢɣ ɝɨɫɭɞɚɪɫɬɜɟɧɧɵɣ ɦɟɞɢɰɢɧɫɤɢɣ ɭɧɢɜɟɪɫɢɬɟɬ ɢɦ ɇ ɂ ɉɢɪɨɝɨɜɚ Ɇɨɫɤɜɚ Ɋɨɫɫɢɹ ɇɚ ɫɟɝɨɞɧɹɲɧɢɣ ɞɟɧɶ ɞɟɬɢ ɦɥɚɞɲɟɝɨ ɲɤɨɥɶɧɨɝɨ ɢ ɞɟɬɢ ɦɥɚɞɲɟɝɨ ɩɨɞɪɨɫɬɤɨɜɨɝɨ ɜɨɡɪɚɫɬɨɜ ɢɦɟɸɬ ɛɨɥɶɲɨɣ ɩɪɨɰɟɧɬ ɡɚɛɨɥɟɜɚɧɢɣ ɫɨɦɚɬɢɱɟɫɤɨɝɨ ɯɚɪɚɤɬɟɪɚ Ɋɟɞɤɢɣ ɪɟɛɺɧɨɤ ɩɨɫɬɭɩɚɸɳɢɣ ɜ ɲɤɨɥɭ ɜ ɧɚɲɟ ɜɪɟɦɹ ɧɟ ɢɦɟɟɬ ɜ ɬɨɣ ɢɥɢ ɢɧɨɣ ɫɬɟɩɟɧɢ ɫɨɦɚɬɢɱɟɫɤɨɣ ɩɚɬɨɥɨɝɢɢ ɚ ɩɪɢɫɜɨɟɧɢɟ ɪɟɛɺɧɤɭ ɩɟɪɜɨɣ ɝɪɭɩɩɵ ɡɞɨɪɨɜɶɹ ± ɢɫɤɥɸɱɟɧɢɟ ɋɨɦɚɬɢɱɟɫɤɢɟ ɪɚɫɫɬɪɨɣɫɬɜɚ ɨɫɨɛɟɧɧɨ ɱɺɬɤɨ ɧɚɱɢɧɚɸɬ ɩɪɨɹɜɥɹɬɶɫɹ ɜ ɩɟɪɢɨɞ ɲɤɨɥɶɧɨɣ ɚɞɚɩɬɚɰɢɢ ɤɨɝɞɚ ɩɨɹɜɥɹɟɬɫɹ ɭɱɟɛɧɚɹ ɧɚɝɪɭɡɤɚ ɢ ɧɟɨɛɯɨɞɢɦɨɫɬɶ ɭɫɬɚɧɚɜɥɢɜɚɬɶ ɧɨɜɵɟ ɫɨɰɢɚɥɶɧɵɟ ɫɜɹɡɢ ɉɨɞɨɛɧɨɝɨ ɪɨɞɚ ɬɪɭɞɧɨɫɬɢ ɦɨɝɭɬ ɨɤɚɡɵɜɚɬɶ ɜɥɢɹɧɢɟ ɧɚ ɪɚɡɜɢɬɢɟ ɥɢɱɧɨɫɬɢ ɪɟɛɺɧɤɚ Ⱦɚɧɧɚɹ ɪɚɛɨɬɚ ɩɨɫɜɹɳɟɧɚ ɨɫɨɛɟɧɧɨɫɬɹɦ ɮɨɪɦɢɪɨɜɚɧɢɹ ɩɪɟɞɫɬɚɜɥɟɧɢɣ ɨ ɫɨɛɫɬɜɟɧɧɨɦ ɬɟɥɟ ɞɟɬɟɣ ɦɥɚɞɲɟɝɨ ɲɤɨɥɶɧɨɝɨ ɜɨɡɪɚɫɬɚ ɥɟɬ ɢ ɨɫɨɛɟɧɧɨɫɬɹɦ ɪɚɡɜɢɬɢɹ ɬɟɥɟɫɧɨɫɬɢ ɜ ɦɥɚɞɲɟɦ ɩɨɞɪɨɫɬɤɨɜɨɦ ɜɨɡɪɚɫɬɟ ɥɟɬ ɐɟɥɶɸ ɧɚɲɟɝɨ ɢɫɫɥɟɞɨɜɚɧɢɹ ɛɭɞɟɬ ɹɜɥɹɬɶɫɹ ɢɡɭɱɟɧɢɟ ɮɨɪɦɢɪɨɜɚɧɢɹ ɩɪɟɞɫɬɚɜɥɟɧɢɣ ɨ ɫɨɛɫɬɜɟɧɧɨɦ ɬɟɥɟ ɢ ɨɫɨɛɟɧɧɨɫɬɟɣ ɫɬɚɧɨɜɥɟɧɢɹ ɬɟɥɟɫɧɨɝɨ ɨɛɪɚɡɚ ɭ ɞɟɬɟɣ ɜ ɩɟɪɢɨɞ ɧɚɱɚɥɶɧɨɣ ɲɤɨɥɵ ɢ ɩɟɪɢɨɞ ɨɬɪɨɱɟɫɬɜɚ Ƚɢɩɨɬɟɡɚ ɢɫɫɥɟɞɨɜɚɧɢɹ ɜɨɫɩɪɢɹɬɢɟ ɬɟɥɟɫɧɨɝɨ ɨɛɪɚɡɚ ɭ ɞɟɬɟɣ ɢ ɥɟɬ ɪɚɡɥɢɱɧɨ ɜ ɡɚɜɢɫɢɦɨɫɬɢ ɨɬ ɢɯ ɝɪɭɩɩɵ ɡɞɨɪɨɜɶɹ Ɇɟɬɨɞɵ ɢɫɫɥɟɞɨɜɚɧɢɹ ɩɪɨɟɤɬɢɜɧɚɹ ɦɟɬɨɞɢɤɚ ©ȼɨɥɲɟɛɧɚɹ ɫɬɪɚɧɚ ɱɭɜɫɬɜª ɦɟɬɨɞɢɤɚ ɫɚɦɨɨɰɟɧɤɢ Ⱦɟɦɛɨ Ɋɭɛɢɧɲɬɟɣɧ ɩɪɨɟɤɬɢɜɧɚɹ ɦɟɬɨɞɢɤɚ ©Ɋɢɫɭɧɨɤ ɱɟɥɨɜɟɤɚª ɜɨɫɶɦɢɰɜɟɬɨɜɨɣ ɬɟɫɬ Ʌɸɲɟɪɚ ɦɟɬɨɞɢɤɚ Ɏɟɥɶɞɟɧɤɪɚɣɡɚ ȼ ɯɨɞɟ ɢɫɫɥɟɞɨɜɚɧɢɹ ɛɵɥɢ ɩɨɥɭɱɟɧɵ ɫɥɟɞɭɸɳɢɟ ɪɟɡɭɥɶɬɚɬɵ ɩɪɢ ɭɯɭɞɲɟɧɢɢ ɫɨɦɚɬɢɱɟɫɤɨɝɨ ɫɨɫɬɨɹɧɢɹ ɪɟɛɟɧɤɚ ɹɪɱɟ ɢ ɛɨɝɚɱɟ ɫɬɚɧɨɜɹɬɫɹ ɟɝɨ ɩɪɟɞɫɬɚɜɥɟɧɢɹ ɨ ɫɨɛɫɬɜɟɧɧɵɯ ɬɟɥɟɫɧɵɯ ɮɭɧɤɰɢɹɯ $ &203$5$7,9( $1$/<6,6 2) &+,/'5(1¶6 ,'($6 $%287 7+(,5 2:1 %2',(6 $1' 7+( 63(&,),&6 2) 7+( '(9(/230(17 2) $ &25325$/ ,0$*( )25 &+,/'5(1 2) 9$5,286 $*(6 ' $ .RPRORY $ 9 %D]KQRY 6VFLHQWL¿F $GYLVRU ± &DQG 0HG6FL $VVRF 3URI 7 * *RULDWFKHYD 5XVVLDQ 6WDWH 0HGLFDO 8QLYHUVLW\ 0RVFRZ 5XVVLD 1RZDGD\V D KLJK SHUFHQWDJH RI SULPDU\ VFKRRO FKLOGUHQ DQG \RXQJ DGROHVFHQWV DUH VXIIHULQJ IURP VRPDWLF GLVRUGHUV ,W LV UDUH ZKHQ D FKLOG HQWHULQJ SULPDU\ VFKRRO GRHV QRW KDYH D VRPDWLF SDWKRORJ\ RI VRPH VRUW YHU\ IHZ FKLOGUHQ KDYH ©¿UVW JURXS KHDOWKª 6RPDWLF GLVRUGHUV PDQLIHVW WKHPVHOYHV HVSHFLDOO\ YLYLGO\ GXULQJ WKH SHULRG RI DGDSWDWLRQ WR VFKRRO OLIH ZKHQ \RXQJ FKLOGUHQ KDYH WR DGDSW WR D VXEVWDQWLDO VFKRRO ZRUNORDG DQG IDFH WKH QHHG WR HVWDEOLVK QHZ VRFLDO WLHV 6XFK GLI¿FXOWLHV PD\ DIIHFW FKLOGUHQ¶V SHUVRQDO GHYHORSPHQW 7KH PDLQ DLP RI WKLV UHVHDUFK SURMHFW LV WR VWXG\ WKH VSHFL¿FV RI FKLOGUHQ¶V LGHDV DERXW WKHLU RZQ ERGLHV IRFXVLQJ RQ SULPDU\ VFKRRO FKLOGUHQ DJHG ± DQG WKH VSHFL¿FV RI WKH GHYHORSPHQW RI FRUSRUDOLW\ IRU \RXQJ DGROHVFHQWV DJHG ± 7KH SXUSRVH RI RXU UHVHDUFK LV WKH VWXG\ RI FKLOGUHQ¶V LGHDV DERXW WKHLU RZQ ERGLHV DQG WKH VSHFL¿FV RI WKH GHYHORSPHQW RI WKHVH LGHDV E\ SULPDU\ VFKRRO FKLOGUHQ DQG \RXQJ DGROHVFHQWV 5HVHDUFK K\SRWKHVLV FRUSRUDO LPDJHV WKDW FKLOGUHQ EHWZHHQ WKH DJHV RI DQG GHYHORS LQ UHJDUGV WR WKHLU RZQ ERGLHV DUH GLIIHUHQW GHSHQGLQJ RQ WKHLU ©KHDOWK JURXSª 5HVHDUFK PHWKRGV WKHSURMHFWLRQ PHWKRG ©7KH PDJLF ODQG RI VHQVHVª WKH VHOI DZDUHQHVV PHWKRG 'HPER 5XELQVWHLQ WKH SURMHFWLRQ PHWKRG ©'UDZLQJ RI D KXPDQª /XVKHU¶V HLJKW FRORU WHVW DQG WKH )HOGHQNUHL] PHWKRG 7KH IROORZLQJ UHVXOWV ZHUH REWDLQHG GXULQJ RXU UHVHDUFK DV D FKLOG¶V VRPDWLF FRQGLWLRQ ZRUVHQV KLV KHU LGHDV DERXW KLV KHU RZQ FRUSRUDO IXQFWLRQV EHFRPH ULFKHU DQG PRUH FRORUIXO 05-29 ɉɋɂɏɂɑȿɋɄɈȿ ɁȾɈɊɈȼɖȿ ɂ ɄȺɑȿɋɌȼɈ ɀɂɁɇɂ ɋɌɍȾȿɇɌɈȼ ɆȿȾɂɐɂɇɋɄɈȽɈ ɍɇɂȼȿɊɋɂɌȿɌȺ ɂ ȼɊȺɑȿɃ ɂɇɌȿɊɇɈȼ ɋ ɘ Ɇɭɯɚɦɟɬɤɭɥɨɜ

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05-52 ɄȺɑȿɋɌȼɈ ɀɂɁɇɂ ɉȺɐɂȿɇɌɈȼ ɋ ɋɈɆȺɌɈɎɈɊɆɇɕɆɂ ɊȺɋɋɌɊɈɃɋɌȼȺɆɂ ɇȺȻɅɘȾȺɘɓɂɏɋə ɍ ȼɊȺɑȿɃ ɈȻɓȿɃ ɉɊȺɄɌɂɄɂ Ⱥ ɉ Ɏɢɥɢɦɨɧɨɜ Ȼ ɘ ȼɨɥɨɞɢɧ ɇɚɭɱɧɵɣ ɪɭɤɨɜɨɞɢɬɟɥɶ ± ɞ ɦ ɧ Ȼ ɘ ȼɨɥɨɞɢɧ Ɋɹɡɚɧɫɤɢɣ ɝɨɫɭɞɚɪɫɬɜɟɧɧɵɣ ɦɟɞɢɰɢɧɫɤɢɣ ɭɧɢɜɟɪɫɢɬɟɬ Ɋɨɫɫɢɹ

05-54 ȾɂɇȺɆɂɄȺ ɈɋɇɈȼɇɕɏ ɉɋɂɏɈɉȺɌɈɅɈȽɂɑȿɋɄɂɏ ɋɂɆɉɌɈɆɈȼ ɍ ɉȺɐɂȿɇɌɈȼ ɋ ɉȿɊȼɕɆ ɗɉɂɁɈȾɈɆ ɒɂɁɈɎɊȿɇɂɂ ȿ Ⱥ Ȼɥɢɧɧɢɤɨɜɚ ə ɋ Ʉɨɡɥɨɜ ɇɚɭɱɧɵɟ ɪɭɤɨɜɨɞɢɬɟɥɶ ± ɤ ɦ ɧ ɞɨɰ ȿ ɘ Ⱥɧɬɨɯɢɧ Ɉɪɟɧɛɭɪɝɫɤɚɹ ɝɨɫɭɞɚɪɫɬɜɟɧɧɚɹ ɦɟɞɢɰɢɧɫɤɚɹ ɚɤɚɞɟɦɢɹ Ɋɨɫɫɢɹ

ȼ ɥɢɬɟɪɚɬɭɪɟ ɩɪɚɤɬɢɱɟɫɤɢ ɧɟ ɨɬɪɚɠɟɧɵ ɨɫɨɛɟɧɧɨɫɬɢ ɤɚɱɟɫɬɜɚ ɠɢɡɧɢ Ʉɀ ɩɚɰɢɟɧɬɨɜ ɫ ɫɨɦɚɬɨɮɨɪɦɧɵɦɢ ɪɚɫɫɬɪɨɣɫɬɜɚɦɢ ɧɚɛɥɸɞɚɸɳɢɯɫɹ ɭ ɜɪɚɱɟɣ ɨɛɳɟɝɨ ɩɪɨɮɢɥɹ Ⱦɥɹ ɚɧɚɥɢɡɚ Ʉɀ ɷɬɨɣ ɤɚɬɟɝɨɪɢɢ ɛɨɥɶɧɵɯ ɧɚɦɢ ɫ ɩɨɦɨɳɶɸ ɨɩɪɨɫɧɢɤɚ 6) ɛɵɥɚ ɢɫɫɥɟɞɨɜɚɧɚ ɝɪɭɩɩɚ ɩɚɰɢɟɧɬɨɜ ɱɟɥɨɜɟɤ ɧɚɯɨɞɢɜɲɢɟɫɹ ɧɚ ɥɟɱɟɧɢɢ ɜ ɫɬɚɰɢɨɧɚɪɚɯ ɬɟɪɚɩɟɜɬɢɱɟɫɤɨɝɨ ɩɪɨɮɢɥɹ ɝ Ɋɹɡɚɧɢ ȼ ɯɨɞɟ ɧɚɲɟɝɨ ɢɫɫɥɟɞɨɜɚɧɢɹ ɛɵɥɨ ɜɵɹɜɥɟɧɨ ɱɬɨ ɩɨɤɚɡɚɬɟɥɢ ©Ɏɢɡɢɱɟɫɤɨɟ ɮɭɧɤɰɢɨɧɢɪɨɜɚɧɢɟª ɢ ©Ɋɨɥɟɜɨɟ ɮɭɧɤɰɢɨɧɢɪɨɜɚɧɢɟª ɨɛɭɫɥɨɜɥɟɧɧɵɟ ɮɢɡɢɱɟɫɤɢɦ ɫɨɫɬɨɹɧɢɟɦ ɨɬɥɢɱɚɸɬɫɹ ɧɢɡɤɢɦɢ ɡɧɚɱɟɧɢɹɦɢ ɫɨɨɬɜɟɬɫɬɜɟɧɧɨ ɢ ɗɬɨ ɫɜɹɡɚɧɨ ɫ ɬɟɦ ɱɬɨ ɩɚɰɢɟɧɬɵ ɢɫɤɪɟɧɧɟ ɜɟɪɹɬ ɜ ɧɚɥɢɱɢɟ ɭ ɧɢɯ ɫɟɪɶɟɡɧɨɝɨ ɧɟɞɭɝɚ ɨɩɚɫɚɸɬɫɹ ɜɵɡɜɚɬɶ ɮɢ ɡɢɱɟɫɤɢɦɢ ɧɚɝɪɭɡɤɚɦɢ ɭɯɭɞɲɟɧɢɟ ɫɜɨɟɝɨ ɛɨɥɟɡɧɟɧɧɨɝɨ ɫɨɫɬɨɹɧɢɹ ɢ ɜɵɧɭɠɞɟɧɵ ɩɨɫɬɨɹɧɧɨ ɤɨɧɬɪɨɥɢɪɨɜɚɬɶ ɢɧɬɟɧɫɢɜɧɨɫɬɶ ɫɜɨɢɯ ɞɟɣɫɬɜɢɣ ɇɟɜɵɫɨɤ ɢ ɩɨɤɚɡɚɬɟɥɶ ©Ɉɛɳɟɟ ɫɨɫɬɨɹɧɢɟ ɡɞɨɪɨɜɶɹª ɫ ɩɨɦɨɳɶɸ ɤɨɬɨɪɨɝɨ ɜɵɹɫɧɹɟɬɫɹ ɨɰɟɧɤɚ ɛɨɥɶɧɵɦ ɫɜɨɟɝɨ ɫɨɫɬɨɹɧɢɹ ɡɞɨɪɨɜɶɹ ɜ ɧɚɫɬɨɹɳɢɣ ɦɨɦɟɧɬ ɢ ɩɟɪɫɩɟɤɬɢɜ ɥɟɱɟɧɢɹ Ʉɪɚɣɧɟ ɧɟɛɥɚɝɨɩɨɥɭɱɧɨ ɨɰɟɧɢɜɚɸɬ ɩɚɰɢɟɧɬɵ ɢ ɫɜɨɸ ɀɢɡɧɟɧɧɭɸ ɚɤɬɢɜɧɨɫɬɶ ɇɢɡɤɢɟ ɛɚɥɥɵ ɫɜɢɞɟɬɟɥɶɫɬɜɭɸɬ ɨɛ ɭɬɨɦɥɹɟɦɨɫɬɢ ɛɨɥɶɧɵɯ ɨɬɫɭɬɫɬɜɢɢ ɠɢɡɧɟɧɧɵɯ ɫɢɥ ɢ ɷɧɟɪɝɢɢ ɉɪɢ ɷɬɨɦ ɜ ɫɜɹɡɢ ɫ ɭɯɭɞɲɟɧɢɟɦ ɮɢɡɢɱɟɫɤɨɝɨ ɢ ɷɦɨɰɢɨɧɚɥɶɧɨɝɨ ɫɨɫɬɨɹɧɢɹ ɡɧɚɱɢɬɟɥɶɧɨ ɨɝɪɚɧɢɱɢɜɚɸɬɫɹ ɫɨɰɢɚɥɶɧɵɟ ɤɨɧɬɚɤɬɵ ɢ ɫɧɢɠɚɟɬɫɹ ɭɪɨɜɟɧɶ ɨɛɳɟɧɢɹ ɱɬɨ ɩɨɞɬɜɟɪɠɞɚɟɬɫɹ ɩɨɤɚɡɚɬɟɥɟɦ ©ɋɨɰɢɚɥɶɧɨɟ ɮɭɧɤɰɢɨɧɢɪɨ-

ɐɟɥɶ ɢɫɫɥɟɞɨɜɚɧɢɹ Ɉɩɪɟɞɟɥɟɧɢɟ ɞɢɧɚɦɢɤɢ ɨɫɧɨɜɧɵɯ ɩɫɢɯɨɩɚɬɨɥɨɝɢɱɟɫɤɢɯ ɫɢɦɩɬɨɦɨɜ ɭ ɜɩɟɪɜɵɟ ɝɨɫɩɢɬɚɥɢɡɢɪɨɜɚɧɧɵɯ ɩɚɰɢɟɧɬɨɜ ɫ ɩɟɪɜɵɦ ɷɩɢɡɨɞɨɦ ɲɢɡɨɮɪɟɧɢɢ ɧɚ ɮɨɧɟ ɥɟɱɟɧɢɹ Ɇɚɬɟɪɢɚɥɵ ɢ ɦɟɬɨɞɵ Ɉɛɫɥɟɞɨɜɚɧɨ ɩɚɰɢɟɧɬɨɜ ɦɭɠɱɢɧ ɢ ɠɟɧɳɢɧ ɫɪɟɞɧɢɣ ɜɨɡɪɚɫɬ ɥɟɬ ɫ ɜɩɟɪɜɵɟ ɜɵɹɜɥɟɧɧɨɣ ɫɪɟɞɧɹɹ ɞɥɢɬɟɥɶɧɨɫɬɶ ɡɚɛɨɥɟɜɚɧɢɹ ɝɨɞɚ ɲɢɡɨɮɪɟɧɢɟɣ ɩɪɟɢɦɭɳɟɫɬɜɟɧɧɨ ɩɚɪɚɧɨɢɞɧɨɣ ɩɪɨɯɨɞɹɳɢɯ ɫɬɚɰɢɨɧɚɪɧɨɟ ɥɟɱɟɧɢɟ ɧɟ ɩɨɥɭɱɚɜɲɢɯ ɪɚɧɟɟ ɬɟɪɚɩɢɸ ɚɧɬɢɩɫɢɯɨɬɢɤɚɦɢ Ⱦɢɚɝɧɨɫɬɢɤɚ ɡɚɛɨɥɟɜɚɧɢɹ ɩɪɨɜɨɞɢɥɚɫɶ ɫɨɝɥɚɫɧɨ ɤɪɢɬɟɪɢɹɦ ɆɄȻ Ɉɰɟɧɤɚ ɤɥɢɧɢɱɟɫɤɨɝɨ ɫɨɫɬɨɹɧɢɹ ɩɚɰɢɟɧɬɨɜ ɜɵɪɚɠɟɧɧɨɫɬɢ ɪɚɫɫɬɪɨɣɫɬɜ ɩɪɨɢɡɜɨɞɢɥɚɫɶ ɩɨ ɲɤɚɥɟ ɩɨɡɢɬɢɜɧɵɯ ɢ ɧɟɝɚɬɢɜɧɵɯ ɫɢɦɩɬɨɦɨɜ 3$166 ɩɪɢ ɝɨɫɩɢɬɚɥɢɡɚɰɢɢ ɢ ɱɟɪɟɡ ɧɟɞɟɥɢ ɩɨɫɥɟ ɧɚɱɚɥɚ ɬɟɪɚɩɢɢ ɚɧɬɢɩɫɢɯɨɬɢɤɚɦɢ Ɉɰɟɧɤɚ ɞɨɫɬɨɜɟɪɧɨɫɬɢ ɞɢɧɚɦɢɤɢ ɩɪɨɜɨɞɢɥɚɫɶ ɩɨ ɤɪɢɬɟɪɢɸ ȼɢɥɶɤɨɤɫɨɧɚ Ɋɟɡɭɥɶɬɚɬɵ ȼ ɩɪɨɰɟɫɫɟ ɥɟɱɟɧɢɹ ɨɬɦɟɱɚɥɨɫɶ ɫɧɢɠɟɧɢɟ ɨɛɳɟɝɨ ɛɚɥɥɚ ɩɨ ɲɤɚɥɟ 3$166 ɧɚ S Ȼɨɥɟɟ ɜɵɪɚɠɟɧɧɨɣ ɛɵɥɚ ɞɢɧɚɦɢɤɚ ɩɫɢɯɨɩɪɨɞɭɤɬɢɜɧɨɣ ɫɢɦɩɬɨɦɚɬɢɤɢ ± ɨɧɚ ɭɦɟɧɶɲɢɥɚɫɶ ɧɚ S ɧɟɝɚɬɢɜɧɵɟ ɫɢɦɩɬɨɦɵ ɛɵɥɢ ɛɨɥɟɟ ɫɬɚɛɢɥɶɧɵ ɢ ɪɟɞɭɰɢɪɨɜɚɥɢɫɶ ɧɚ S ɇɟ ɧɚɛɥɸɞɚɥɨɫɶ ɡɧɚɱɢɦɨɣ ɞɢɧɚɦɢɤɢ ɩɨɤɚɡɚɬɟɥɟɣ ɭ ɩɚɰɢɟɧɬɨɜ ȼɵɜɨɞ ɉɪɨɜɨɞɢɦɚɹ ɬɟɪɚɩɢɹ ɩɟɪɜɨɝɨ ɩɫɢɯɨɬɢɱɟɫɤɨɝɨ ɷɩɢɡɨɞɚ ɹɜɥɹɟɬɫɹ ɞɨɫɬɚɬɨɱɧɨ ɷɮɮɟɤɬɢɜɧɨɣ ɢ ɩɨɡɜɨɥɹɟɬ ɞɨɫɬɢɝɧɭɬɶ ɫɢɦɩɬɨɦɚɬɢɱɟɫɤɨɣ ɪɟɦɢɫɫɢɢ ɜ ɬɟɱɟɧɢɟ ɧɟɞɟɥɶ ɭ ɩɚɰɢɟɧɬɨɜ


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ɐɟɥɶɸ ɧɚɫɬɨɹɳɟɝɨ ɢɫɫɥɟɞɨɜɚɧɢɹ ɹɜɥɹɥɨɫɶ ɢɡɭɱɟɧɢɟ ɪɚɡɧɨɜɢɞɧɨɫɬɟɣ ɮɨɪɦ ɤɨɦɩɶɸɬɟɪɧɨɣ ɡɚɜɢɫɢɦɨɫɬɢ ɤɥɢɧɢɱɟɫɤɢɯ ɨɫɨɛɟɧɧɨɫɬɟɣ ɢ ɞɢɧɚɦɢɤɢ ɩɪɢ ɩɫɢɯɢɱɟɫɤɢɯ ɪɚɫɫɬɪɨɣɫɬɜɚɯ Ɉɛɫɥɟɞɨɜɚɧɵ ɱɟɥɨɜɟɤ ɫ ɤɥɢɧɢɱɟɫɤɢɦɢ ɩɪɢɡɧɚɤɚɦɢ ɤɨɦɩɶɸɬɟɪɧɨɣ ɡɚɜɢɫɢɦɨɫɬɢ ɂɡ ɧɢɯ ɛɨɥɶɧɵɯ ɩɪɨɯɨɞɢɜɲɢɯ ɥɟɱɟɧɢɟ ɜ ɩɫɢɯɢɚɬɪɢɱɟɫɤɨɣ ɛɨɥɶɧɢɰɟ ʋ ɢɦ ɇ Ⱥ Ⱥɥɟɤɫɟɟɜɚ ɨɫɧɨɜɧɚɹ ɝɪɭɩɩɚ ɢɫɫɥɟɞɭɟɦɵɯ ɢɡ ɱɢɫɥɚ ɡɞɨɪɨɜɵɯ ɥɸɞɟɣ ± ɤɨɧɬɪɨɥɶɧɚɹ ɝɪɭɩɩɚ Ɉɫɧɨɜɧɵɦ ɦɟɬɨɞɨɦ ɢɫɫɥɟɞɨɜɚɧɢɹ ɹɜɥɹɥɨɫɶ ɤɥɢɧɢɤɨ ɩɫɢɯɨɩɚɬɨɥɨɝɢɱɟɫɤɨɟ ɢɫɫɥɟɞɨɜɚɧɢɟ ɫɨ ɫɬɚɬɢɫɬɢɱɟɫɤɨɣ ɨɛɪɚɛɨɬɤɨɣ ɩɨɥɭɱɟɧɧɵɯ ɞɚɧɧɵɯ ȼ ɪɟɡɭɥɶɬɚɬɟ ɢɫɫɥɟɞɨɜɚɧɢɹ ɜɵɹɜɥɟɧɵ ɫɭɳɟɫɬɜɟɧɧɵɟ ɤɥɢɧɢɤɨ ± ɞɢɧɚɦɢɱɟɫɤɢɟ ɨɫɨɛɟɧɧɨɫɬɢ ɜ ɨɫɧɨɜɧɨɣ ɝɪɭɩɩɟ ɦɭɠɱɢɧɵ ɜ ɜɨɡɪɚɫɬɟ ɨɬ ɞɨ ɥɟɬ

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6LEHULDQ 6WDW 0HGLFDO 8QLYHUVLW\ 5XVVLD ɐɟɥɶ ɷɤɫɩɟɪɢɦɟɧɬɚ ɨɩɢɫɚɬɶ ɮɟɧɨɦɟɧ ɬɟɥɟɫɧɵɯ ɨɳɭɳɟɧɢɣ ɜɨ ɜɪɟɦɹ ɯɨɥɨɬɪɨɩɧɨɝɨ ɞɵɯɚɧɢɹ ɜɵɹɜɢɬɶ ɜɡɚɢɦɨɫɜɹɡɶ ɦɟɠɞɭ ɯɪɨɧɢɱɟɫɤɢɦɢ ɡɚɛɨɥɟɜɚɧɢɹɦɢ ɢ ɬɟɥɟɫɧɵɦɢ ɨɳɭɳɟɧɢɹɦɢ ɜɡɚɢɦɨɫɜɹɡɶ ɦɟɠɞɭ ɧɚɥɢɱɢɟɦ ɯɪɨɧɢɱɟɫɤɨɝɨ ɡɚɛɨɥɟɜɚɧɢɹ ɢ ɧɚɥɢɱɢɟɦ ɬɟɥɟɫɧɨɝɨ ɨɳɭɳɟɧɢɹ ɜ ɛɨɥɶɧɨɦ ɨɪɝɚɧɟ ɜɨ ɜɪɟɦɹ ɯɨɥɨɬɪɨɩɧɨɝɨ ɞɵɯɚɧɢɹ Ɂɚɞɚɱɢ ɷɤɫɩɟɪɢɦɟɧɬɚ ɋɞɟɥɚɬɶ ɫɨɰɢɨɦɟɬɪɢɱɟɫɤɢɣ ɚɧɚɥɢɡ Ɋɚɫɤɪɵɬɶ ɬɟɨɪɟɬɢɱɟɫɤɢɟ ɚɫɩɟɤɬɵ ɩɪɨɛɥɟɦɚɬɢɤɢ Ɇɟɬɨɞɵ ɫɨɰɢɨɦɟɬɪɢɱɟɫɤɢɣ ɨɩɪɨɫɧɢɤ ɫɦ ɩɪɢɥɨɠɟɧɢɹ ɢɧɬɟɪɜɶɸɢɪɨɜɚɧɢɟ ɩɪɢ ɩɨɦɨɳɢ ɞɢɤɬɨɮɨɧɚ ɮɨɬɨɝɪɚɮɢɪɨɜɚɧɢɟ ɪɢɫɭɧɤɨɜ ɦɟɬɨɞ ɮɟɧɨɦɟɧɨɥɨɝɢɱɟɫɤɨɝɨ ɨɩɢɫɚɧɢɹ ɩɨ ɍɫɩɟɧɫɤɨɦɭ ɫɬɚɬɢɫɬɢɱɟɫɤɢɣ ɦɟɬɨɞ ɨɛɪɚɛɨɬɤɢ ɞɚɧɧɵɯ Ɍɟɨɪɟɬɢɱɟɫɤɨɟ ɨɫɧɨɜɚɧɢɟ Ɍɟɨɪɢɹ Ɋɚɣɯɚ ©Ȼɢɨɷɧɟɪɝɟɬɢɱɟɫɤɢɣ ɚɧɚɥɢɡª ɬɟɨɪɢɢ ɨ ɰɟɥɢɬɟɥɶɧɨɦ ɩɨɬɟɧɰɢɚɥɟ ɢɡɦɟɧɺɧɧɵɯ ɫɨɫɬɨɹɧɢɣ ɫɨɡɧɚɧɢɹ ɢ ɢɯ ɜɥɢɹɧɢɢ ɧɚ ɥɢɱɧɨɫɬɶ ɢ ɨɪɝɚɧɢɡɦ ɱɟɥɨɜɟɤɚ Ƚɪɨɮɚ ɋ Ʉɨɡɥɨɜɚ ȼ ɍɲɚɤɨɜɚ ɘ Ȼɭɛɟɟɜɚ ɂ Ƚɨɪɚ ȿ ɮɟɧɨɦɟɧɨɥɨɝɢɱɟɫɤɢɣ ɩɨɞɯɨɞ ɍɫɩɟɧɫɤɨɝɨ Ƚɭɫɫɟɪɥɹ ȼɵɜɨɞ ɉɪɢ ɩɪɨɜɟɞɟɧɢɢ ɢɫɫɥɟɞɨɜɚɧɢɹ ɜɵɹɫɧɢɥɨɫɶ ɱɬɨ ɬɟɥɟɫɧɵɟ ɨɳɭɳɟɧɢɹ ɜɨɡɧɢɤɥɢ ɭ ɱɟɥɨɜɟɤ ɢɡ ɉɨɞɬɜɟɪɠɞɟɧɢɟ ɝɢɩɨɬɟɡɵ ɩɪɨɜɨɞɢɥɨɫɶ ɩɪɢ ɩɨɦɨɳɢ ɯɢ ɤɜɚɞɪɚɬ ɤɪɢɬɟɪɢɹ ɉɢɪɫɨɧɚ ɛɵɥɢ ɩɨɥɭɱɟɧɵ ɫɥɟɞɭɸɳɢɟ ɜɵɜɨɞɵ ɭ ɥɸɞɟɣ ɢɦɟɸɳɢɯ ɢ ɧɟ ɢɦɟɸɳɢɯ ɯɪɨɧɢɱɟɫɤɢɯ ɡɚɛɨɥɟɜɚɧɢɣ ɪɚɡɥɢɱɢɹ ɜ ɬɟɥɟɫɧɵɯ ɨɳɭɳɟɧɢɹɯ ɜɨ ɜɪɟɦɹ ɯɨɥɨɬɪɨɩɧɨɝɨ ɞɵɯɚɧɢɹ ɢɦɟɸɬɫɹ ɜ ɢ ɫɟɝɦɟɧɬɚɯ ɩɨ Ɋɚɣɯɭ ɧɟɬ ɪɚɡɥɢɱɢɣ ɧɨ ɟɫɬɶ ɬɟɧɞɟɧɰɢɹ ɤ ɧɢɦ ɜ ɫɟɝɦɟɧɬɚɯ ɧɟɬ ɪɚɡɥɢɱɢɣ ɜ ɬɟɥɟɫɧɵɯ ɨɳɭɳɟɧɢɹɯ ɜɨ ɜɪɟɦɹ ɯɨɥɨɬɪɨɩɧɨɝɨ ɞɵɯɚɧɢɹ ɜɨ ɢ ɫɟɝɦɟɧɬɚɯ ȼɬɨɪɚɹ ɝɢɩɨɬɟɡɚ ɧɟ ɩɨɞɬɜɟɪɞɢɥɚɫɶ ɧɚɥɢɱɢɟ ɯɪɨɧɢɱɟɫɤɨɝɨ ɡɚɛɨɥɟɜɚɧɢɹ ɧɟ ɤɨɪɪɟɥɢɪɭɟɬ ɫ ɧɚɥɢɱɢɟɦ ɬɟɥɟɫɧɨɝɨ ɨɳɭɳɟɧɢɹ ɜ ɛɨɥɶɧɨɦ ɨɪɝɚɧɟ Ɍɟɥɟɫɧɵɟ ɨɳɭɳɟɧɢɹ ɧɟɫɭɬ ɩɫɢɯɨɬɟɪɚɩɟɜɬɢɱɟɫɤɢɣ ɫɦɵɫɥ ɱɟɪɟɡ ɢɧɬɟɧɫɢɜɧɵɟ ɞɜɢɠɟɧɢɹ ɪɚɡɥɢɱɧɵɦɢ ɱɚɫɬɹɦɢ ɬɟɥɚ ɩɪɨɢɫɯɨɞɢɬ ɷɦɨɰɢɨɧɚɥɶɧɨɟ ɨɬɪɟɚɝɢɪɨɜɚɧɢɟ ɤɚɠɞɚɹ ɱɚɫɬɶ ɬɟɥɚ ɫɨɨɬɜɟɬɫɬɜɭɟɬ ɨɩɪɟɞɟɥɺɧɧɨɦɭ ɫɟɝɦɟɧɬɭ ɩɨ Ɋɚɣɯɭ ɫɥɟɞɨɜɚɬɟɥɶɧɨ ɬɟɥɟɫɧɵɟ ɨɳɭɳɟɧɢɹ ɜ ɤɨɧɤɪɟɬɧɵɯ ɱɚɫɬɹɯ ɬɟɥɚ ɝɨɜɨɪɹɬ ɨ ɩɪɨɛɥɟɦɚɯ ɫ ɩɪɨɠɢɜɚɧɢɟɦ ɱɭɜɫɬɜɚ ɫɨɨɬɜɟɬɫɬɜɭɸɳɟɝɨ ɫɟɝɦɟɧɬɭ ɜ ɤɨɬɨɪɨɦ ɜɨɡɧɢɤɥɢ ɨɳɭɳɟɧɢɹ ɉɟɪɟɠɢɜɚɧɢɟ ɢ ɨɫɨɡɧɚɧɢɟ ɱɭɜɫɬɜɚ ɫɬɪɚɯɚ ɚɝɪɟɫɫɢɢ ɝɪɭɫɬɢ ɱɭɜɫɬɜɚ ɫɟɤɫɭɚɥɶɧɨɝɨ ɜɥɟɱɟɧɢɹ ɱɭɜɫɬɜɚ ɧɟɯɜɚɬɤɢ ɨɩɨɪɵ ɢ ɫɜɹɡɵɜɚɧɢɟ ɢɯ ɫ ɚɤɬɭɚɥɶɧɨɣ ɩɫɢɯɨɬɪɚɜɦɢɪɭɸɳɟɣ ɫɢɬɭɚɰɢɟɣ ɪɚɫɲɢɪɹɟɬ ɫɚɦɨɫɨɡɧɚɧɢɟ ɱɟɥɨɜɟɤɚ ɩɨɜɵɲɚɟɬ ɟɝɨ ɮɪɭɫɬɪɚɰɢɨɧɧɭɸ ɬɨɥɟɪɚɧɬɧɨɫɬɶ ɭɜɟɥɢɱɢɜɚɟɬ ɝɢɛɤɨɫɬɶ ɩɨɜɟɞɟɧɢɹ ɂɡɦɟɧɟɧɢɟ ɫɯɟɦɵ ɬɟɥɚ ɬɚɤɠɟ ɨɛɥɚɞɚɟɬ ɩɫɢɯɨɬɟɪɚɩɟɜɬɢɱɟɫɤɢɦ ɩɨɬɟɧɰɢɚɥɨɦ 05-92 ɉɋɂɏɈɅɈȽɂɑȿɋɄɂȿ ɈɋɈȻȿɇɇɈɋɌɂ ɂ ɉɋɂɏɈɄɈɊɊȿɄɐɂə ɌɊɍȾɇɈɋɌȿɃ ɉȺɐɂȿɇɌɈȼ ɋ əɁȼȿɇɇɈɃ ȻɈɅȿɁɇɖɘ ɀȿɅɍȾɄȺ ɂ ȾȼȿɇȺȾɐȺɌɂɉȿɊɋɌɇɈɃ ɄɂɒɄɂ ɇ ȿ Ƚɨɪɲɤɨɜɚ ɇɚɭɱɧɵɣ ɪɭɤɨɜɨɞɢɬɟɥɶ ± ɤ ɩɫɢɯ ɧ ɞɨɰ Ɇ Ƚ ɂɜɚɲɤɢɧɚ Ɋɨɫɫɢɣɫɤɢɣ ɝɨɫɭɞɚɪɫɬɜɟɧɧɵɣ ɦɟɞɢɰɢɧɫɤɢɣ ɭɧɢɜɟɪɫɢɬɟɬ ɢɦ ɇ ɂ ɉɢɪɨɝɨɜɚ Ɇɨɫɤɜɚ Ɋɨɫɫɢɹ əɡɜɟɧɧɚɹ ɛɨɥɟɡɧɶ ɬɪɚɞɢɰɢɨɧɧɨ ɫɱɢɬɚɟɬɫɹ ɤɥɚɫɫɢɱɟɫɤɢɦ ɩɪɨɹɜɥɟɧɢɟɦ ɩɫɢɯɨɫɨɦɚɬɢɱɟɫɤɨɣ ɩɚɬɨɥɨɝɢɢ ɂɫɫɥɟɞɨɜɚɧɢɟ ɩɪɨɜɨɞɢɥɨɫɶ ɧɚ ɛɚɡɟ ɐȼɄȺȽ ɝ Ɇɨɫɤɜɵ Ƚɚɫɬɪɨɷɧɬɟɪɨɥɨɝɢɱɟɫɤɨɝɨ ɨɬɞɟɥɟɧɢɹ ɢ ȽɄȻ ɝ Ɇɨɫɤɜɵ ɟ ɏɢɪɭɪɝɢɱɟɫɤɨɝɨ ɨɬɞɟɥɟɧɢɹ ɐɟɥɶɸ ɞɚɧɧɨɣ ɪɚɛɨɬɵ ɹɜɥɹɟɬɫɹ ɧɚɯɨɠɞɟɧɢɟ ɩɫɢɯɨɥɨɝɢɱɟɫɤɢɯ ɨɫɨɛɟɧɧɨɫɬɟɣ ɥɸɞɟɣ ɫ əȻɀ ɢ əȻȾɉɄ ɢ ɩɪɨɜɟɞɟɧɢɟ ɩɫɢɯɨɤɨɪɪɟɤɰɢɨɧɧɨɣ ɪɚɛɨɬɵ ɫ ɩɨɫɥɟɞɭɸɳɟɣ ɨɰɟɧɤɨɣ ɟɟ ɷɮɮɟɤɬɢɜɧɨɫɬɢ ɇɚɛɥɸɞɚɥɢɫɶ ɩɚɰɢɟɧɬɨɜ ɜ ɜɨɡɪɚɫɬɟ ɨɬ ɞɨ ɥɟɬ ɇɚ ɜɫɟɯ ɩɚɰɢɟɧɬɚɯ ɛɵɥɚ ɩɪɨɜɟɞɟɧɚ ɮɚɪɦɚɤɨɬɟɪɚɩɢɹ ɢ ɧɚ ɢɡ ɧɢɯ ɩɫɢɯɨɤɨɪɪɟɤɰɢɨɧɧɚɹ ɪɚɛɨɬɚ ɂɫɩɨɥɶɡɨɜɚɥɢɫɶ ɬɚɤɢɟ ɦɟɬɨɞɵ ɤɚɤ ɛɟɫɟɞɚ ɦɟɬɨɞɢɤɢ ɧɚ ɜɵɹɜɥɟɧɢɟ ɜɟɞɭɳɟɣ ɰɟɧɧɨɫɬɧɨɫɬɢ ɨɩɪɟɞɟɥɟɧɢɟ ɫɩɨɫɨɛɧɨɫɬɢ ɜɵɯɨɞɚ ɡɚ ɩɪɟɞɟɥɵ ɩɪɢɜɵɱɧɵɯ ɩɪɟɞɫɬɚɜɥɟɧɢɣ ɨ ɫɟɛɟ ɢ ɦɢɪɟ ɨɩɪɟɞɟɥɟɧɢɟ ɭɪɨɜɧɹ ɫɚɦɨɨɰɟɧɤɢ ɢ ɩɪɢɬɹ-


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06-51 ȼɅɂəɇɂȿ ɉɂɓȿȼɕɏ ȼȿɓȿɋɌȼ ɇȺ ɉɈɄȺɁȺɌȿɅɂ ɏȿɆɂɅɘɆɂɇȿɋɐȿɇɐɂɂ ȼ ɌȿɋɌ ɋɂɋɌȿɆȺɏ IN VITRO Ⱥ Ⱥ Ȼɚɫɨɜ ȿ Ⱥ Ƚɭɛɚɪɟɜɚ ɋ Ɋ Ɏɟɞɨɫɨɜ Ʉ Ⱥ ɉɨɩɨɜ Ⱥ ɘ Ⱥɮɚɧɚɫɶɟɜɚ ɇɚɭɱɧɵɣ ɪɭɤɨɜɨɞɢɬɟɥɶ ± ɩɪɨɮ ɂ Ɇ Ȼɵɤɨɜ Ʉɭɛɚɧɫɤɢɣ ɝɨɫɭɞɚɪɫɬɜɟɧɧɵɣ ɦɟɞɢɰɢɧɫɤɢɣ ɭɧɢɜɟɪɫɢɬɟɬ Ɋɨɫɫɢɹ

06-53 ɂɁɆȿɇȿɇɂȿ ȺɇɌɂɈɄɋɂȾȺɇɌɇɈȽɈ ɋɌȺɌɍɋȺ ɉɊɂ ɈɋɌɊɈɆ ɈȻɋɌɊɍɄɌɂȼɇɈɆ ɉɂȿɅɈɇȿɎɊɂɌȿ Ⱦ ɇ Ȼɨɥɭɱɟɜɫɤɢɣ ɇɚɭɱɧɵɣ ɪɭɤɨɜɨɞɢɬɟɥɶ ± ɞ ɦ ɧ ɩɪɨɮ Ʌ ȿ Ȼɟɥɵɣ ɍɥɶɹɧɨɜɫɤɢɣ ɝɨɫɭɞɚɪɫɬɜɟɧɧɵɣ ɭɧɢɜɟɪɫɢɬɟɬ Ɋɨɫɫɢɹ

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ɢɬɨɝɟ ªɫɛɥɢɠɚɟɬª ɜɨɪɫɢɧɵ ɋɬɟɩɟɧɶ ɡɪɟɥɨɫɬɢ ɜɨɪɫɢɧ ɧɟ ɫɨɨɬɜɟɬɫɬɜɨɜɚɥɚ ɫɪɨɤɭ ɛɟɪɟɦɟɧɧɨɫɬɢ ɱɬɨ ɭɤɚɡɵɜɚɟɬ ɧɚ ɪɚɡɜɢɬɢɟ ɤɨɦɩɟɧɫɚɬɨɪɧɵɯ ɩɪɨɰɟɫɫɨɜ ɜ ɩɥɚɰɟɧɬɟ 06-61 ȾɂɇȺɆɂɄȺ ɋȼȿɊɏɆȿȾɅȿɇɇɕɏ ɄɈɅȿȻȺɇɂɃ ɉɈɌȿɇɐɂȺɅɈȼ ɇȿɃɊɈɆȿȾɂȺɌɈɊɇɕɏ ɐȿɇɌɊɈȼ ȽɈɅɈȼɇɈȽɈ ɆɈɁȽȺ ɉɊɂ ȾȿɃɋɌȼɂɂ ɊȺɁɅɂɑɇɕɏ ɋȿɇɋɈɊɇɕɏ ɋɌɂɆɍɅɈȼ Ʉ ɋ ɉɭɝɚɱɟɜ Ⱥ Ⱥ Ʉɪɟɛɫ ȼ ȿ ȼɚɪɟɧɰɨɜ ɇɚɭɱɧɵɣ ɪɭɤɨɜɨɞɢɬɟɥɶ ± ɤ ɦ ɧ ɞɨɰ ɂ ȼ Ɏɢɥɢɩɩɨɜ əɪɨɫɥɚɜɫɤɚɹ ɝɨɫɭɞɚɪɫɬɜɟɧɧɚɹ ɦɟɞɢɰɢɧɫɤɚɹ ɚɤɚɞɟɦɢɹ Ɋɨɫɫɢɹ ɂɡɜɟɫɬɧɨ ɱɬɨ ɧɟɣɪɨɦɟɞɢɚɬɨɪɧɵɟ ɰɟɧɬɪɵ ɭɱɚɫɬɜɭɸɬ ɜ ɪɟɝɭɥɹɰɢɢ ɮɭɧɤɰɢɨɧɚɥɶɧɵɯ ɫɨɫɬɨɹɧɢɣ ɝɨɥɨɜɧɨɝɨ ɦɨɡɝɚ Ɉɞɧɚɤɨ ɨɬɜɟɬɵ ɞɢɧɚɦɢɤɢ ɫɜɟɪɯɦɟɞɥɟɧɧɵɯ ɤɨɥɟɛɚɧɢɣ ɩɨɬɟɧɰɢɚɥɨɜ ɋɆɄɉ ɛɚɡɚɥɶɧɨɝɨ ɤɪɭɩɧɨɤɥɟɬɨɱɧɨɝɨ ɹɞɪɚ ȻɄə ɞɨɪɫɚɥɶɧɨɝɨ ɹɞɪɚ ɲɜɚ Ⱦəɒ ɢ ɝɨɥɭɛɨɝɨ ɩɹɬɧɚ Ƚɉ ɩɪɢ ɞɟɣɫɬɜɢɢ ɫɟɧɫɨɪɧɵɯ ɫɬɢɦɭɥɨɜ ɧɟɢɡɜɟɫɬɧɵ ɐɟɥɶ ɪɚɛɨɬɵ ± ɩɪɨɚɧɚɥɢɡɢɪɨɜɚɬɶ ɞɢɧɚɦɢɤɭ ɋɆɄɉ ɜ ȻɄə Ⱦəɒ ɢ Ƚɉ ɩɪɢ ɞɟɣɫɬɜɢɢ ɪɚɡɥɢɱɧɵɯ ɫɟɧɫɨɪɧɵɯ ɫɬɢɦɭɥɨɜ ɏɪɨɧɢɱɟɫɤɢɟ ɷɤɫɩɟɪɢɦɟɧɬɵ ɩɪɨɜɨɞɢɥɢɫɶ ɧɚ ɤɪɵɫɚɯ Q ɷɤɫɩɟɪɢɦɟɧɬɨɜ ɀɢɜɨɬɧɵɦ ɢɦɩɥɚɧɬɢɪɨɜɚɥɢ ɷɥɟɤɬɪɨɞɵ ɜ ȻɄə Ⱦəɒ ɢ Ƚɉ ɚ ɡɚɬɟɦ ɪɟɝɢɫɬɪɢɪɨɜɚɥɢ ɢɯ ɋɆɄɉ ɩɪɢ ɩɨɫɥɟɞɨɜɚɬɟɥɶɧɨɦ ɩɪɟɞɴɹɜɥɟɧɢɢ ɡɪɢɬɟɥɶɧɵɯ ɬɟɦɧɨɬɚ ɮɨɬɨɫɬɢɦɭɥɹɰɢɹ ɫɥɭɯɨɜɵɯ ɬɢɲɢɧɚ ɮɨɧɨɫɬɢɦɭɥɹɰɢɹ ɢ ɜɤɭɫɨɜɵɯ ɫɟɧɫɨɪɧɵɯ ɫɬɢɦɭɥɨɜ Ɉɰɟɧɢɜɚɥɢɫɶ ɫɩɟɤɬɪɚɥɶɧɚɹ ɦɨɳɧɨɫɬɶ ɋɆɄɉ ɢ ɫɬɚɬɢɫɬɢɱɟɫɤɚɹ ɡɧɚɱɢɦɨɫɬɶ ɨɬɥɢɱɢɣ ɩɪɢ ɩɨɦɨɳɢ ɨɞɧɨɮɚɤɬɨɪɧɨɝɨ ɞɢɫɩɟɪɫɢɨɧɧɨɝɨ ɚɧɚɥɢɡɚ ɨɬɥɢɱɢɹ ɫ S ɪɚɫɫɦɚɬɪɢɜɚɥɢɫɶ ɤɚɤ ɡɧɚɱɢɦɵɟ ɍɫɬɚɧɨɜɥɟɧɵ ɫɬɚɬɢɫɬɢɱɟɫɤɢ ɡɧɚɱɢɦɵɟ ɨɬɥɢɱɢɹ ɫɩɟɤɬɪɚɥɶɧɨɣ ɦɨɳɧɨɫɬɢ ɫɟɤɭɧɞɧɵɯ ɋɆɄɉ ɩɪɢ ɞɟɣɫɬɜɢɢ ɫɟɧɫɨɪɧɵɯ ɫɬɢɦɭɥɨɜ ɪɚɡɥɢɱɧɵɯ ɬɢɩɨɜ ɢ ɦɨɞɚɥɶɧɨɫɬɟɣ ȼ ɦɧɨɝɨɫɟɤɭɧɞɧɨɦ ɞɢɚɩɚɡɨɧɟ Ƚɰ ɫɬɚɬɢɫɬɢɱɟɫɤɢ ɡɧɚɱɢɦɵɟ ɨɬɥɢɱɢɹ ɧɚɛɥɸɞɚɥɢɫɶ ɬɨɥɶɤɨ ɩɪɢ ɞɟɣɫɬɜɢɢ ɫɟɧɫɨɪɧɵɯ ɫɬɢɦɭɥɨɜ ɪɚɡɥɢɱɧɵɯ ɦɨɞɚɥɶɧɨɫɬɟɣ Ɍɚɤɢɦ ɨɛɪɚɡɨɦ ȻɄə Ⱦəɒ ɢ Ƚɉ ɫɩɨɫɨɛɧɵ ɤ ɜɵɫɨɤɨɫɩɟɰɢɚɥɢɡɢɪɨɜɚɧɧɵɦ ɨɬɜɟɬɚɦ ɩɪɢ ɞɟɣɫɬɜɢɢ ɪɚɡɥɢɱɧɵɯ ɫɟɧɫɨɪɧɵɯ ɫɬɢɦɭɥɨɜ ɱɬɨ ɩɨɡɜɨɥɹɟɬ ɝɨɜɨɪɢɬɶ ɨ ɧɢɯ ɤɚɤ ɨ ɫɩɟɰɢɮɢɱɟɫɤɢɯ ɫɬɪɭɤɬɭɪɚɯ ɢɡɦɟɧɹɸɳɢɯ ɫɜɨɸ ɚɤɬɢɜɧɨɫɬɶ ɜ ɡɚɜɢɫɢɦɨɫɬɢ ɤɚɤ ɨɬ ɬɢɩɚ ɬɚɤ ɢ ɨɬ ɦɨɞɚɥɶɧɨɫɬɢ ɫɟɧɫɨɪɧɨɣ ɫɬɢɦɭɥɹɰɢɢ Ⱦɚɧɧɚɹ ɩɨɢɫɤɨɜɚɹ ɧɚɭɱɧɨ ɢɫɫɥɟɞɨɜɚɬɟɥɶɫɤɚɹ ɪɚɛɨɬɚ ɜɵɩɨɥɧɟ ɧɚ ɜ ɪɚɦɤɚɯ ɪɟɚɥɢɡɚɰɢɢ Ɏɐɉ ©ɇɚɭɱɧɵɟ ɢ ɧɚɭɱɧɨ ɩɟɞɚɝɨɝɢɱɟɫɤɢɟ ɤɚɞɪɵ ɢɧɧɨɜɚɰɢɨɧɧɨɣ Ɋɨɫɫɢɢª ɧɚ ɝɝ '<1$0,&6 2) ,1)5$6/2: %5$,1 327(17,$/6 ,1 1(85275$160,77(5 &(17(56 '85,1* 35(6(17$7,21 2) ',))(5(17 6(1625< 67,08/, . 6 3XJDFKHY $ $ .UHEV 9 ( 9DUHQWVRY 6FLHQWL¿F $GYLVRU ±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¿FDQFH WHVWV ,W ZDV IRXQG WKDW VHQVRU\ VWLPXODWLRQ SURGXFHG VWDWLVWLFDOO\ VLJQL¿FDQW FKDQJHV RI ,6%3 LQ WKH GRPDLQ RI VHFRQGV +] ,Q WKH GRPDLQ RI PXOWLVHFRQG DFWLYLW\ +] VWDWLVWLFDOO\ VLJQL¿FDQW FKDQJHV ZHUH GHWHFWHG GXULQJ WKH SUHVHQWDWLRQ RI VHQVRU\ VWLPXOL RQO\ ZLWK GLIIHUHQW PRGDOLWLHV :H VXJJHVW WKDW 1%0 15' DQG /& DUH LQYROYHG LQ SURFHVVLQJ RI VHQVRU\ VWLPXOL RI GLIIHUHQW W\SHV DQG PRGDOLWLHV DQG WKLV SURFHVVLQJ LV EDVHG RQ WKH ,6%3 G\QDPLFDO FKDQJHV 7KLV H[SORUDWLRQ VFLHQWL¿F UHVHDUFK VWXG\ ZDV SHUIRUPHG LQ WKH FRQWH[W RI UHDOL]DWLRQ RI )HGHUDO 6SHFLDO SXUSRVH 3URJUDP ©6FLHQWL¿F DQG VFLHQWL¿F SHGDJRJLFDO SHUVRQQHO RI LQQRYDWLYH 5XVVLDª IRU \HDUV


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ɐɟɥɶ ɂɡɭɱɢɬɶ ɦɨɪɮɨɮɭɧɤɰɢɨɧɚɥɶɧɵɟ ɨɫɨɛɟɧɧɨɫɬɢ ɩɢɳɟɜɚɪɢɬɟɥɶɧɨɣ ɫɢɫɬɟɦɵ ɬɪɟɦɚɬɨɞ ɢɡ ɤɢɲɟɱɧɢɤɚ ɪɚɡɧɵɯ ɞɟɮɢɧɢɬɢɜɧɵɯ ɯɨɡɹɟɜ Ⱦɥɹ ɪɚɛɨɬɵ ɛɵɥɢ ɜɡɹɬɵ 6WLFKRUFKLV VXEWULTXHWUXV 5XGROSKL ɛɨɛɪ 3ODJLRUFKLV HXWDPLDWLV]LEHWKLFXV9DVVLOLHY ɨɧɞɚɬɪɚ ɢ 6WULJHD VWULJLV 6FKUDQN ɮɢɥɢɧ Ɉɛɪɚɛɨɬɤɭ ɩɪɟɩɚɪɚɬɨɜ ɨɫɭɳɟɫɬɜɥɹɥɢ ɫɬɚɧɞɚɪɬɧɵɦɢ ɝɢɫɬɨɥɨɝɢɱɟɫɤɢɦɢ ɢ ɝɢɫɬɨɯɢɦɢɱɟɫɤɢɦɢ ɦɟɬɨɞɚɦɢ Ɋɟɡɭɥɶɬɚɬɵ ɢɫɫɥɟɞɨɜɚɧɢɹ ɉɢɳɟɜɚɪɢɬɟɥɶɧɚɹ ɫɢɫɬɟɦɚ 6 VXEWULTXHWUXV ɨɬɥɢɱɚɟɬɫɹ ɫɥɨɠɧɨɫɬɶɸ ɫɬɪɨɟɧɢɹ ɪɨɬɨɜɚɹ ɩɪɢɫɨɫɤɚ ɮɚɪɢɧɤɫ ɢ ɩɢɳɟɜɨɞ ɢɦɟɸɬ ɫɢɥɶɧɨ ɪɚɡɜɢɬɵɟ ɦɵɲɟɱɧɵɟ ɫɬɟɧɤɢ ɢ ɬɨɥɫɬɵɟ ɫɥɢɡɢɫɬɵɟ ɜɵɫɬɢɥɤɢ ɜɞɨɥɶ ɜɫɟɣ ɫɢɫɬɟɦɵ ɪɚɫɩɨɥɚɝɚɸɬɫɹ ɩɢɳɟɜɚɪɢɬɟɥɶɧɵɟ ɠɟɥɟɡɵ ɷɧɬɟɪɨɰɢɬɵ ɨɛɪɚɡɭɸɬ ɱɟɬ ɤɢɣ ɤɨɧɬɭɪɢɪɭɟɦɵɣ ɫɥɨɣ ɜɞɨɥɶ ɤɢɲɟɱɧɵɯ ɜɟɬɜɟɣ ɩɪɢɫɭɬɫɬɜɭɸɬ ɤɥɟɬɤɢ ɫɟɤɪɟɬɨɪɧɨ ɬɪɨɮɢɱɟɫɤɨɝɨ ɬɢɩɚ ± ɷɧɬɟɪɨɬɪɨɮɨɰɢɬɵ ɍ ɞɜɭɯ ɞɪɭɝɢɯ ɜɢɞɨɜ ɢɧɬɟɫɬɢɧɨɬɪɟɦɚɬɨɞ ɩɢɳɟɜɚɪɢɬɟɥɶɧɚɹ ɫɢɫɬɟɦɚ ɜɫɥɟɞ ɫɬɜɢɟ ɨɛɢɬɚɧɢɹ ɜ ɫɪɟɞɟ ɧɚɫɵɳɟɧɧɨɣ ɩɢɬɚɬɟɥɶɧɵɦɢ ɤɨɦɩɨɧɟɧɬɚɦɢ ɞɨɫɬɭɩɧɵ ɦɢ ɞɥɹ ɛɵɫɬɪɨɝɨ ɚɥɢɦɟɧɬɚɪɧɨɝɨ ɩɨɬɪɟɛɥɟɧɢɹ ɭɫɬɪɨɟɧɚ ɦɟɧɟɟ ɫɥɨɠɧɨ ɍɩɪɨɳɟɧɧɨɟ ɫɬɪɨɟɧɢɟ ɩɢɳɟɜɚɪɢɬɟɥɶɧɨɣ ɫɢɫɬɟɦɵ 6 VWULJLV ɫɜɹɡɚɧɨ ɧɟ ɬɨɥɶɤɨ ɫ ©ɛɥɚɝɨɩɪɢɹɬɧɵɦɢª ɭɫɥɨɜɢɹɦɢ ɩɚɪɚɡɢɬɚɪɧɨɣ ɧɢɲɢ ɝɟɥɶɦɢɧɬɚ ɧɨ ɢ ɫ ɧɚɥɢɱɢɟɦ ɭ ɧɢɯ ɨɪɝɚɧɚ Ȼɪɚɧɞɟɫɚ ɭɱɚɫɬɜɭɸɳɟɝɨ ɜ ɷɤɡɨɬɪɨɮɢɱɟɫɤɨɦ ɩɪɨɰɟɫɫɟ ɗɬɨɬ ɨɪɝɚɧ ɨɛɟɫɩɟɱɢɜɚɟɬ ɪɚɫɲɢɪɟɧɢɟ ɮɭɧɤɰɢɢ ɩɢɳɟɜɚɪɟɧɢɹ ɭ ɝɟɥɶɦɢɧɬɚ ɚ ɬɚɤɠɟ ɩɨɦɨɝɚɟɬ ɟɦɭ ɡɚɤɪɟɩɢɬɶɫɹ ɜ ɨɪɝɚɧɢɡɦɟ ɯɨɡɹɢɧɚ ɫɨɡɞɚɜɚɹ ɜɨɡɦɨɠɧɨɫɬɶ ɩɥɨɬɧɨɝɨ ɤɨɧɬɚɤɬɚ ɫ ɷɧɞɨɫɬɚɰɢɟɣ Ɂɚɤɥɸɱɟɧɢɟ ɍ ɢɧɬɟɫɬɢɧɨɬɪɟɦɚɬɨɞ 6 VXEWULTXHWUXV 3 HXWDPLDWLV]LEHWKLFXV ɢ 6 VWULJLV ɜɵɹɜɥɟɧɵ ɢɧɞɢɜɢɞɭɚɥɶɧɵɟ ɦɢɤɪɨɦɨɪɮɨɥɨɝɢɱɟɫɤɢɟ ɢ ɮɭɧɤɰɢɨɧɚɥɶ ɧɵɟ ɨɫɨɛɟɧɧɨɫɬɢ ɨɪɝɚɧɨɜ ɩɢɳɟɜɚɪɢɬɟɥɶɧɨɣ ɫɢɫɬɟɦɵ ɱɬɨ ɫɜɹɡɚɧɨ ɫ ɪɚɡɧɵɦɢ ɦɟɯɚɧɢɡɦɚɦɢ ɩɨɬɪɟɛɥɟɧɢɹ ɩɟɪɟɜɚɪɢɜɚɧɢɹ ɢ ɭɫɜɨɟɧɢɹ ɩɢɳɟɜɵɯ ɤɨɦɩɨɧɟɧɬɨɜ ɚ ɬɚɤɠɟ ɯɢɦɢɱɟɫɤɨɣ ɩɪɢɪɨɞɨɣ ɩɨɫɥɟɞɧɢɯ

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06-89 ɂɁɍɑȿɇɂȿ ɌɈɄɋɂɑȿɋɄɈȽɈ ɂ ȺɅɅȿɊȽɂɁɂɊɍɘɓȿȽɈ ȾȿɃɋɌȼɂə ɅɂɉɈɎɂɅɖɇɕɏ ɎɊȺɄɐɂɃ ɊȺɋɌȿɇɂɃ ɊɈȾɈȼ ARTEMISIA ɂ GALIUM ɇ ȼ Ʉɚɲɩɭɪ ɇɚɭɱɧɵɣ ɪɭɤɨɜɨɞɢɬɟɥɶ ± ɤ ɦ ɧ Ⱥ ɘ ȼɨɥɹɧɫɤɢɣ ɂɧɫɬɢɬɭɬ ɦɢɤɪɨɛɢɨɥɨɝɢɢ ɢ ɢɦɦɭɧɨɥɨɝɢɢ ɢɦ ɂ ɂ Ɇɟɱɧɢɤɨɜɚ ɏɚɪɶɤɨɜ ɍɤɪɚɢɧɚ Ɉɰɟɧɤɚ ɨɫɨɛɟɧɧɨɫɬɟɣ ɬɨɤɫɢɱɧɨɫɬɢ ɧɨɜɵɯ ɥɟɤɚɪɫɬɜɟɧɧɵɯ ɫɪɟɞɫɬɜ ɧɟɨɛɯɨɞɢɦɵ ɭɠɟ ɧɚ ɷɬɚɩɟ ɩɨɥɭɱɟɧɢɹ ɩɪɢ ɢɫɫɥɟɞɨɜɚɧɢɢ ɮɢɡɢɤɨ ɯɢɦɢɱɟɫɤɢɯ ɫɜɨɣɫɬɜ ɫɩɟɰɢɮɢɱɟɫɤɨɣ ɚɤɬɢɜɧɨɫɬɢ ɢ ɞɨɤɥɢɧɢɱɟɫɤɨɝɨ ɢɡɭɱɟɧɢɹ Ɉɛɴɟɤɬɚɦɢ ɧɚɲɟɝɨ ɢɫɫɥɟɞɨɜɚɧɢɹ ɫɬɚɥɢ ɥɢɩɨɮɢɥɶɧɵɟ ɮɪɚɤɰɢɢ ɨɛɥɚɞɚɸɳɢɟ ɩɪɨɬɢɜɨɦɢɤɪɨɛɧɵɦɢ ɫɜɨɣɫɬɜɚɦɢ ɩɨɞɦɚɪɟɧɧɢɤɚ ɧɚɫɬɨɹɳɟɝɨ ɩɨɥɵɧɢ ɨɛɵɤɧɨɜɟɧɧɨɣ ɩɨɥɵɧɢ ɝɨɪɶɤɨɣ ɩɨɥɵɧɢ ɚɜɫɬɪɢɣɫɤɨɣ ɩɨɥɭɱɟɧɧɵɟ ɦɟɬɨɞɨɦ ɠɢɞɤɨɫɬɧɨɝɨ ɮɪɚɤɰɢɨɧɢɪɨɜɚɧɢɹ ɜ ɩɨɫɥɟɞɨɜɚɬɟɥɶɧɨɦ ɪɹɞɭ ɫ ɩɨɫɬɟɩɟɧɧɨ ɧɚɪɚɫɬɚɸɳɟɣ ɩɨɥɹɪɧɨɫɬɶɸ ɗɤɫɩɟɪɢɦɟɧɬ ɩɪɨɜɨɞɢɥɢ ɧɚ ɦɨɪɫɤɢɯ ɫɜɢɧɤɚɯ Ɉɰɟɧɤɭ ɨɛɳɟɬɨɤɫɢɱɟɫɤɨɝɨ ɞɟɣɫɬɜɢɹ ɥɢɩɨɮɢɥɶɧɵɯ ɮɪɚɤɰɢɣ ɩɪɨɜɨɞɢɥɢ ɜ ɞɢɧɚɦɢɤɟ ɩɨ ɬɚɤɢɦ ɩɨɤɚɡɚɬɟɥɹɦ ɩɨɜɟɞɟɧɢɟ ɠɢɜɨɬɧɨɝɨ ɦɚɫɫɚ ɬɟɥɚ ɜɵɠɢɜɚɟɦɨɫɬɶ ɝɟɦɨɝɪɚɦɦɚ ɂɡɦɟɧɟɧɢɟ ɦɚɫɫɵ ɬɟɥɚ ɠɢɜɨɬɧɵɯ ɤɨɬɨɪɵɦ ɪɚɡɧɵɦɢ ɩɭɬɹɦɢ ɜɜɨɞɢɥɢ ɪɚɫɬɢɬɟɥɶɧɵɟ ɜɵɬɹɠɤɢ ɧɟ ɢɦɟɥɢ ɞɨɫɬɨɜɟɪɧɵɯ ɨɬɥɢɱɢɣ ɜ ɫɪɚɜɧɟɧɢɢ ɫ ɠɢɜɨɬɧɵɦɢ ɤɨɧɬɪɨɥɶɧɵɯ ɝɪɭɩɩ ɂɫɫɥɟɞɨɜɚɧɢɹ ɩɟɪɢɮɟɪɢɱɟɫɤɨɣ ɤɪɨɜɢ ɩɨɤɚɡɚɥɢ ɱɬɨ ɞɥɢɬɟɥɶɧɨɟ ɜɜɟɞɟɧɢɟ ɩɪɟɩɚɪɚɬɨɜ ɧɟ ɜɥɢɹɥɨ ɧɚ ɤɨɥɢɱɟɫɬɜɨ ɢ ɦɨɪɮɨɥɨɝɢɸ ɷɪɢɬɪɨɰɢɬɨɜ ɫɨɞɟɪɠɚɧɢɟ ɝɟɦɨɝɥɨɛɢɧɚ ɬɪɨɦɛɨɰɢɬɨɜ ɥɟɣɤɨɰɢɬɨɜ ɋɤɨɪɨɫɬɶ ɨɫɟɞɚɧɢɹ ɷɪɢɬɪɨɰɢɬɨɜ ɜɨ ɜɫɟɯ ɝɪɭɩɩɚɯ ɧɚ ɩɪɨɬɹɠɟɧɢɢ ɩɟɪɢɨɞɚ ɧɚɛɥɸɞɟɧɢɹ ɛɵɥɚ ɫɬɚɛɢɥɶɧɨɣ ɂɫɫɥɟɞɨɜɚɧɢɹ ɫɩɨɫɨɛɧɨɫɬɢ ɥɢɩɨɮɢɥɶɧɵɯ ɮɪɚɤɰɢɣ ɜɵɡɵɜɚɬɶ ɤɨɧɬɚɤɬɧɵɣ ɞɟɪɦɚɬɢɬ ɧɟɚɥɥɟɪɝɢɱɟɫɤɨɝɨ ɯɚɪɚɤɬɟɪɚ ɚ ɬɚɤɠɟ ɫɩɟɰɢɮɢɱɟɫɤɭɸ ɫɟɧɫɢɛɢɥɢɡɚɰɢɸ ɤɨɠɧɵɯ ɩɨɤɪɨɜɨɜ ɩɭɬɟɦ ɧɚɤɨɠɧɵɯ ɚɩɩɥɢɤɚɰɢɣ ɩɨɤɚɡɚɥɢ ɱɬɨ ɭ ɠɢɜɨɬɧɵɯ ɧɚ ɩɪɨɬɹɠɟɧɢɢ ɜɫɟɝɨ ɩɟɪɢɨɞɚ ɧɚɛɥɸɞɟɧɢɹ ɧɟ ɨɛɧɚɪɭɠɟɧɨ ɜɢɞɢɦɵɯ ɢɡɦɟɧɟɧɢɣ ɧɚ ɤɨɠɟ ɜ ɦɟɫɬɟ ɧɚɧɟɫɟɧɢɹ ɩɪɟɩɚɪɚɬɚ ɉɨ ɤɥɚɫɫɢɮɢɤɚɰɢɢ Ʉ Ʉ ɋɢɞɨɪɨɜɚ ɢɫɫɥɟɞɭɟɦɵɟ ɜɵɬɹɠɤɢ ɪɚɫɬɟɧɢɣ ɦɨɠɧɨ ɨɬɧɟɫɬɢ ɤ ɧɟɬɨɤɫɢɱɧɵɦ ɥɟɤɚɪɫɬɜɟɧɧɵɦ ɩɪɟɩɚɪɚɬɚɦ ɱɬɨ ɩɨɡɜɨɥɹɟɬ ɩɪɨɞɨɥɠɢɬɶ ɢɫɫɥɟɞɨɜɚɧɢɹ 678'< 2) 72;,&,7< $1' $//(5*,& $&7,21 2) /,32),/ )5$&7,216 :+,&+ 352'8&(' )520*(186 2) ARTEMISIA $1' GALIUM 3/$176 1 9 .DVKSXU 6FLHQWL¿F $GYLVRU ± &DQG0HG6FL $ <X 9ROD\QVN\ , , 0HFKQLNRY 8NUDLQH ,QVWLWXWH RI 0LFURELRORJ\ DQG ,PPXQRORJ\ .KDUNLY 8NUDLQH (VWLPDWLRQ RI IHDWXUHV RI WR[LFLW\ RI QHZ PHGLFDWLRQV QHHGHG DOUHDG\ RQ WKH VWDJH RI UHFHLSW DW UHVHDUFK RI SK\VLFDO DQG FKHPLFDO SURSHUWLHV VSHFL¿F DFWLYLW\ DQG SUHFOLQLFDO VWXG\ 7KH REMHFWV RI RXU UHVHDUFK ZHUHOLSRSK\OLF IUDFWLRQV RI /DG\¶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¿F VHQVLELOL]DWLRQ RI VNLQ E\ VNLQ DSSOLFDWLRQV ZDV URWLQHG WKDW DW GXULQJ DOO RI SHULRG RI VXSHUYLVLRQ ZHUHQRW IRXQG DQ\ FKDQJHV RQ D DQLPDOCV VNLQ %\ WKH FODVVL¿FDWLRQ RI . . 6LGRURYD DQDO\VHG IUDFWLRQV RI SODQWV FDQ EH DWWULEXWHG WR QRQWR[LF PHGLFLQH SUHSDUDWLRQV 06-104 ɋɈȾȿɊɀȺɇɂȿ ɄɂɋɅɕɏ ɆɈɇɈɋȺɏȺɊɂȾɈȼ ȼ ɉɈɅɂɋȺɏȺɊɂȾɇɈɆ ɄɈɆɉɅȿɄɋȿ INULA HELENIUM Ⱥ ɉ Ʉɨɪɠ Ⱥ Ɇ Ƚɭɪɶɟɜ


ǹȍȒȞȐȧ «ǴȍȌȐȒȖ ȉȐȖȓȖȋȐȟȍșȒȐȍ ȗȘȖȉȓȍȔȣ» ɇɚɭɱɧɵɣ ɪɭɤɨɜɨɞɢɬɟɥɶ ± ɞ ɮɚɪɦ ɧ ɩɪɨɮ Ɇ ȼ Ȼɟɥɨɭɫɨɜ ɋɢɛɢɪɫɤɢɣ ɝɨɫɭɞɚɪɫɬɜɟɧɧɵɣ ɦɟɞɢɰɢɧɫɤɢɣ ɭɧɢɜɟɪɫɢɬɟɬ Ɋɨɫɫɢɹ ȼ ɪɚɧɟɟ ɩɪɨɜɟɞɟɧɧɵɯ ɧɚɦɢ ɢɫɫɥɟɞɨɜɚɧɢɹɯ ɩɨɤɚɡɚɧɨ ɱɬɨ ɜɨɞɨɪɚɫɬɜɨɪɢɦɵɟ ɩɨɥɢɫɚɯɚɪɢɞɵ ɢɡ ɤɨɪɧɟɜɢɳ ɫ ɤɨɪɧɹɦɢ ,QXOD KHOHQLXP ɩɪɨɹɜɥɹɸɬ ɜɵɪɚɠɟɧɧɵɟ ɢɦɦɭɧɨɬɪɨɩɧɵɟ ɫɜɨɣɫɬɜɚ ɇɚɪɹɞɭ ɫ ɷɬɢɦ ɢɡɜɟɫɬɧɨ ɱɬɨ ɢɦɦɭɧɨɬɪɨɩɧɚɹ ɚɤɬɢɜɧɨɫɬɶ ɜɨ ɦɧɨɝɢɯ ɫɥɭɱɚɹɯ ɨɛɭɫɥɨɜɥɟɧɚ ɧɚɥɢɱɢɟɦ ɤɢɫɥɵɯ ɩɨɥɢɫɚɯɚɪɢɞɨɜ ɉɨɷɬɨɦɭ ɰɟɥɶɸ ɧɚɫɬɨɹɳɟɣ ɪɚɛɨɬɵ ɹɜɢɥɨɫɶ ɨɩɪɟɞɟɥɟɧɢɟ ɫɨɞɟɪɠɚɧɢɹ ɤɢɫɥɵɯ ɦɨɧɨɫɚɯɚɪɢɞɨɜ ɜ ɩɨɥɢɫɚɯɚɪɢɞɧɨɦ ɤɨɦɩɥɟɤɫɟ ɉɋɄ ɢɡ ɤɨɪɧɟɜɢɳ ɫ ɤɨɪɧɹɦɢ ,QXODKHOHQLXP ȼ ɪɚɛɨɬɟ ɢɫɩɨɥɶɡɨɜɚɧɵ ɤɨɪɧɟɜɢɳɚ ɢ ɤɨɪɧɢ ɜɬɨɪɨɝɨ ɝɨɞɚ ɠɢɡɧɢ , KHOHQLXP ɋɨɞɟɪɠɚɧɢɟ ɤɢɫɥɵɯ ɦɨɧɨɫɚɯɚɪɢɞɨɜ ɄɆ ɨɩɪɟɞɟɥɹɥɢ ɤɚɪɛɚɡɨɥɶɧɵɦ ɦɟɬɨɞɨɦ ɛɟɥɤɚ ± ɩɨ ɦɟɬɨɞɭ Ʌɨɭɪɢ ɉɋɄ ɜɵɞɟɥɹɥɢ ɢɡ ɪɚɫɬɢɬɟɥɶɧɨɝɨ ɫɵɪɶɹ ɷɤɫɬɪɚɤɰɢɟɣ ɜɨɞɨɣ ɨɱɢɳɟɧɧɨɣ ɢ ɩɨɫɥɟɞɭɸɳɢɦ ɨɫɚɠɞɟɧɢɟɦ ɩɨɥɢɫɚɯɚɪɢɞɨɜ ɫɩɢɪɬɨɦ ɷɬɢɥɨɜɵɦ Ɋɚɡɞɟɥɟɧɢɟ ɉɋɄ ɧɚ ɮɪɚɤɰɢɢ ɩɪɨɜɨɞɢɥɢ ɧɚ ɤɨɥɨɧɤɟ ɫ '($( ɰɟɥɥɸɥɨɡɨɣ ɉɋɄ , KHOHQLXP ɩɪɟɞɫɬɚɜɥɹɟɬ ɫɨɛɨɣ ɛɟɥɭɸ ɩɨɪɢɫɬɭɸ ɦɚɫɫɭ ȼɵɯɨɞ ɉɋɄ௅ ɫɨɞɟɪɠɚɧɢɟ ɛɟɥɤɚ ± ɄɆ ± ɉɪɢ ɪɚɡɞɟɥɟɧɢɢ ɉɋɄ ɧɚ '($( ɰɟɥɥɸɥɨɡɟ ɩɨɥɭɱɟɧɨ ɨɫɧɨɜɧɵɯ ɮɪɚɤɰɢɣ ɜ ɤɨɬɨɪɵɯ ɨɩɪɟɞɟɥɟɧɨ ɫɨɞɟɪɠɚɧɢɟ ɄɆ ɋɨɞɟɪɠɚɧɢɟ ɄɆ ɜ ɉɋȾ ± ɉɋȾ ± ɉɋȾ ± ɉɋȾ ± ɉɋȾ ± ɉɋȾ ± Ɍɚɤɢɦ ɨɛɪɚɡɨɦ ɮɪɚɤɰɢɢ ɉɋȾ ɉɋȾ ɉɋȾ ɉɋȾ ɦɨɠɧɨ ɨɬɧɟɫɬɢ ɤ ɤɢɫɥɵɦ ɩɨɥɢɫɚɯɚɪɢɞɚɦ ɚ ɉɋȾ ɢ ɉɋȾ ± ɤ ɩɨɥɢɫɚɯɚɪɢɞɚɦ ɫ ɧɢɡɤɢɦ ɫɨɞɟɪɠɚɧɢɟɦ ɄɆ ɢ ɢɥɢ ɧɟɣɬɪɚɥɶɧɵɦ ɩɨɥɢɫɚɯɚɪɢɞɚɦ Ɂɚɤɥɸɱɟɧɢɟ ɍɫɬɚɧɨɜɥɟɧɨ ɱɬɨ ɩɨɥɢɫɚɯɚɪɢɞɧɵɣ ɤɨɦɩɥɟɤɫ ɢɡ ɤɨɪɧɟɜɢɳ ɫ ɤɨɪɧɹɦɢ ,QXODKHOHQLXP ɫɨɫɬɨɢɬ ɢɡ ɨɫɧɨɜɧɵɯ ɤɨɦɩɨɧɟɧɬɨɜ ɉɋȾ ɉɋȾ ɉɋȾ ɉɋȾ ɉɋȾ ɉɋȾ Ɏɪɚɤɰɢɢ ɉɋȾ ɉɋȾ ɉɋȾ ɉɋȾ ɦɨɠɧɨ ɨɬɧɟɫɬɢ ɤ ɤɢɫɥɵɦ ɩɨɥɢɫɚɯɚɪɢɞɚɦ ɤɢɫɥɵɯ ɦɨɧɨɫɚɯɚɪɢɞɨɜ ɛɨɥɟɟ ɚ ɉɋȾ ɢ ɉɋȾ ± ɤ ɩɨɥɢɫɚɯɚɪɢɞɚɦ ɫ ɧɢɡɤɢɦ ɫɨɞɟɪɠɚɧɢɟɦ ɤɢɫɥɵɯ ɦɨɧɨɫɚɯɚɪɢɞɨɜ ɢ ɢɥɢ ɧɟɣɬɪɚɥɶɧɵɦ ɩɨɥɢɫɚɯɚɪɢɞɚɦ ɤɢɫɥɵɯ ɦɨɧɨɫɚɯɚɪɢɞɨɜ ɧɟ ɛɨɥɟɟ &217(17 2) $&,',& 68*$56 ,1 7+( 32/<6$&&+$5,'( &203/(; ,18/$ +(/(1,80 $ 3 .RU]K $ 0 *XULHY 6FLHQWL¿F $GYLVRU ±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± E\ WKH /RZU\ PHWKRG 36& ZHUH LVRODWHG IURP SODQW PDWHULDOV E\ H[WUDFWLRQ RI SXULILHG ZDWHU DQG VXEVHTXHQW GHSRVLWLRQ RI SRO\VDFFKDULGHV HWK\O DOFRKRO 6HSDUDWLRQ36& IUDFWLRQ FDUULHG RXW RQ D FROXPQ RI '($( FHOOXORVH 36& , KHOHQLXP LV D ZKLWH SRURXV PDVV ([LW 36&௅ SURWHLQ௅ $0௅ :KHQ \RX VSOLW D 36& '($( FHOOXORVH ZDV REWDLQHG PDMRU IUDFWLRQV ZKLFK GHILQHG WKH FRQWHQW RI WKH $0 7KH FRQWHQW RI $0 LQ 36' ௅ 36' ௅ 36' ௅ 36' ௅ 36' ௅ 36' ௅ 7KXV WKH IUDFWLRQ RI 36' 36' 36' 36' FDQ EH DWWULEXWHG WR DFLGLF SRO\VDFFKDULGHV DQG 36' DQG 36' ௅ WR SRO\VDFFKDULGHV ZLWK D ORZ FRQWHQW RI $0 DQG RU QHXWUDO SRO\VDFFKDULGHV (VWDEOLVKHG WKDW WKH SRO\VDFFKDULGH FRPSOH[ IURP UKL]RPHV WR URRWV ,QXOD KHOHQLXP FRQVLVWV RI PDLQ FRPSRQHQWV 36' 36' 36' 36' 36' 36' )UDFWLRQV 36' 36' 36' 36' FDQ EH DWWULEXWHG WR DFLGLF SRO\VDFFKDULGHV DFLGLF PRQRVDFFKDULGHV PRUH WKDQ DQG36' DQG 36' ± WR SRO\VDFFKDULGHV ZLWK D ORZ FRQWHQW RI DFLGLF PRQRVDFFKDULGHV DQG RU QHXWUDO SRO\VDFFKDULGHV DFLGLF PRQRVDFFKDULGHV OHVV WKDQ

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ɂɫɫɥɟɞɨɜɚɧɢɹ ɩɨɤɚɡɚɥɢ ɱɬɨ ɭ ɧɨɜɨɪɨɠɞɟɧɧɨɝɨ ɪɟɛɟɧɤɚ ɤɥɟɬɤɢ ɩɢɪɚɦɢɞɧɨɝɨ ɫɥɨɹ ɩɨɥɹ ɋȺ ɝɢɩɩɨɤɚɦɩɚ ɢɦɟɸɬ ɨɜɚɥɶɧɭɸ ɢ ɩɢɪɚɦɢɞɧɭɸ ɮɨɪɦɭ ȼɵɫɨɬɚ ɷɬɢɯ ɧɟɣɪɨɧɨɜ ɭ ɧɨɜɨɪɨɠɞɟɧɧɨɝɨ ɪɟɛɟɧɤɚ ɫɨɫɬɚɜɥɹɟɬ ɜ ɥɟɜɨɦ ɩɨɥɭɲɚɪɢɢ ɦɤɦ ɚ ɜ ɩɪɚɜɨɦ ɩɨɥɭɲɚɪɢɢ ± ɦɤɦ ȼ ɩɟɪɢɨɞ ɝɪɭɞɧɨɝɨ ɜɨɡɪɚɫɬɚ ɜɵɫɨɬɚ ɧɟɣɪɨɧɨɜ ɩɢɪɚɦɢɞɧɨɝɨ ɫɥɨɹ ɩɨɥɹ ɋȺ ɝɢɩɩɨɤɚɦɩɚ ɦɨɡɝɚ ɪɟɛɟɧɤɚ ɪɟɡɤɨ ɜɨɡɪɚɫɬɚɟɬ ɢ ɜ ɥɟɜɨɦ ɩɨɥɭɲɚɪɢɢ ɪɚɜɧɚ ± ɦɤɦ ɚ ɜ ɩɪɚɜɨɦ ɩɨɥɭɲɚɪɢɢ ± ɦɤɦ ȼ ɩɟɪɢɨɞɟ ɪɚɧɧɟɝɨ ɞɟɬɫɬɜɚ ɭɜɟɥɢɱɟɧɢɟ ɜɵɫɨɬɵ ɧɟɣɪɨɧɨɜ ɩɢɪɚɦɢɞɧɨɝɨ ɫɥɨɹ ɩɨɥɹ ɋȺ ɝɢɩɩɨɤɚɦɩɚ ɪɟɛɟɧɤɚ ɢɧɬɟɧɫɢɜɧɨ ɩɪɨɞɨɥɠɚɟɬɫɹ ɢ ɜɵɫɨɬɵ ɧɟɣɪɨɧɨɜ ɫɥɟɜɚ ɪɚɜɧɹɟɬɫɹ ɦɤɦ ɚ ɫɩɪɚɜɚ ± ɦɤɦ ȼ ɩɟɪɜɨɦ ɞɟɬɫɬɜɟ ɜɵɫɨɬɚ ɧɟɣɪɨɧɨɜ ɜ ɢɡɭɱɟɧɧɨɣ ɤɨɪɤɨɜɨɣ ɮɨɪɦɚɰɢɢ ɜ ɥɟɜɨɦ ɩɨɥɭɲɚɪɢɢ ɪɚɜɧɹɟɬɫɹ ɦɤɦ ɚ ɜ ɩɪɚɜɨɦ ± ɦɤɦ ȼɵɫɨɬɚ ɧɟɣɪɨɧɨɜ ɩɢɪɚɦɢɞɧɨɝɨ ɫɥɨɹ ɩɨɥɹ ɋȺ ɝɢɩɩɨɤɚɦɩɚ ɦɨɡɝɚ ɪɟɛɟɧɤɚ ɧɟɫɤɨɥɶɤɨ ɭɜɟɥɢɱɢɜɚɟɬɫɹ ɢ ɜ ɩɟɪɢɨɞ ɜɬɨɪɨɝɨ ɞɟɬɫɬɜɚ ɞɨɫɬɢɝɚɹ ɩɪɢɛɥɢɡɢɬɟɥɶɧɨ ɬɟɯ ɠɟ ɪɚɡɦɟɪɨɜ ɱɬɨ ɢ ɭ ɜɡɪɨɫɥɨɝɨ ɱɟɥɨɜɟɤɚ ɜ ɥɟɜɨɦ ɩɨɥɭɲɚɪɢɢ ɦɤɦ ɜ ɩɪɚɜɨɦ ± ɦɤɦ ȼ ɩɟɪɢɨɞɵ ɩɨɞɪɨɫɬɤɨɜɨɝɨ ɜɨɡɪɚɫɬɚ ɸɧɨɲɟɫɤɨɝɨ ɢ ɜɡɪɨɫɥɵɯ ɜɨɡɪɚɫɬɨɜ ɜɟɥɢɱɢɧɚ ɜɵɫɨɬɵ ɧɟɣɪɨɧɨɜ ɩɢɪɚɦɢɞɧɨɝɨ ɫɥɨɹ ɩɨɥɹ ɋȺ ɝɢɩɩɨɤɚɦɩɚ ɦɨɡɝɚ ɱɟɥɨɜɟɤɚ ɦɚɥɨ ɦɟɧɹɟɬɫɹ ɬɚɤ ɜ ɥɟɜɨɦ ɩɨɥɭɲɚɪɢɢ ɜɵɫɨɬɚ ɧɟɣɪɨɧɨɜ ɜ ɩɨɞɪɨɫɬɤɨɜɨɦ ɜɨɡɪɚɫɬɟ ɪɚɜɧɹɟɬɫɹ ɦɤɦ ɜ ɸɧɨɲɟɫɤɨɦ ɜɨɡɪɚɫɬɟ ɦɤɦ ȼ ɩɨɡɞɧɢɯ ɫɪɨɤɚɯ ɩɨɫɬɧɚɬɚɥɶɧɨɝɨ ɨɧɬɨɝɟɧɟɡɚ ɬ ɟ ɜ ɩɨɠɢɥɨɦ ɢ ɫɬɚɪɱɟɫɤɨɦ ɜɨɡɪɚɫɬɚɯ ɢɦɟɟɬ ɦɟɫɬɨ ɧɟɤɨɬɨɪɨɟ ɭɦɟɧɶɲɟɧɢɟ ɜɵɫɨɬɵ ɧɟɣɪɨɧɨɜ ɩɢɪɚɦɢɞɧɨɝɨ ɫɥɨɹ ɩɨɥɹ ɋȺ ɝɢɩɩɨɤɚɦɩɚ ɦɨɡɝɚ Ɍɚɤɢɦ ɨɛɪɚɡɨɦ ɧɚɢɛɨɥɟɟ ɢɧɬɟɧɫɢɜɧɵɟ ɢɡɦɟɧɟɧɢɹ ɜɵɫɨɬɵ ɧɟɣɪɨɧɨɜ ɩɢɪɚɦɢɞɧɨɝɨ ɫɥɨɹ ɩɨɥɹ ɋȺ ɝɢɩɩɨɤɚɦɩɚ ɱɟɥɨɜɟɤɚ ɩɪɨɢɫɯɨɞɢɬ ɜ ɬɟɱɟɧɢɢ ɩɟɪɜɵɯ ɫɟɦɢ ɥɟɬ ɠɢɡɧɢ

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ǪȍșȚȕȐȒ ǸǫǴǻ ǹȗȍȞȐȈȓȤȕȣȑ ȊȣȗțșȒ ȹ FRPSOH[ XELTXLQRQH ZLWK ȕ F\FORGH[WULQ LV KLJKHU WKDQ WKDW IRU XELTXLQRQH HPXOVLRQ ZLWK OHFLWKLQ DQGª4XGHVDQª 7KDWLQGLFDWHV DERXWSURVSHFWV RIGHYHORSPHQWVXFK FRPSOH[HV 06-161 ɄɈɆɉɅȿɄɋɇɈȿ Ʌȿɑȿɇɂȿ ȾȿɆɈȾȿɄɈɁȺ Ʌ Ʌ ȿɥɢɫɬɪɚɬɨɜɚ ɇɚɭɱɧɵɣ ɪɭɤɨɜɨɞɢɬɟɥɶ ± ɞ ɦ ɧ ɩɪɨɮ ɇ ɂ ɉɨɬɚɬɭɪɤɢɧɚ ɇɟɫɬɟɪɨɜɚ ɍɥɶɹɧɨɜɫɤɢɣ ɝɨɫɭɞɚɪɫɬɜɟɧɧɵɣ ɭɧɢɜɟɪɫɢɬɟɬ Ɋɨɫɫɢɹ Ʉɥɟɳɢ ɪɨɞɚ 'HPRGH[ ɜɵɡɵɜɚɸɬ ɩɨɪɚɠɟɧɢɹ ɤɨɠɢ ɥɢɰɚ ɂɡɜɟɫɬɧɨ ɱɬɨ ɜ ɜɨɡɪɚɫɬɟ ɥɟɬ ɡɚɛɨɥɟɜɚɧɢɟ ɜɵɹɜɥɹɟɬɫɹ ɭ ɨɛɫɥɟɞɭɟɦɵɯ Ⱦɥɹ ɥɟɱɟɧɢɹ ɞɟɦɨɞɟɤɨɡɚ ɜ ɨɫɧɨɜɧɨɦ ɩɪɢɦɟɧɹɸɬ ɩɪɟɩɚɪɚɬɵ ɦɟɫɬɧɨɝɨ ɞɟɣɫɬɜɢɹ ɐɟɥɶ ɐɟɥɶɸ ɢɫɫɥɟɞɨɜɚɧɢɹ ɹɜɢɥɨɫɶ ɢɡɭɱɟɧɢɟ ɷɮɮɟɤɬɢɜɧɨɫɬɢ ɤɨɦɩɥɟɤɫɧɨɝɨ ɥɟɱɟɧɢɹ ɡɚɛɨɥɟɜɚɧɢɹ ɩɪɟɩɚɪɚɬɚɦɢ ɨɛɥɚɞɚɸɳɢɟ ɫɢɫɬɟɦɧɵɦ ɢ ɦɟɫɬɧɵɦ ɞɟɣɫɬɜɢɹɦɢ Ɇɚɬɟɪɢɚɥɵ ɢ ɦɟɬɨɞɵ ɉɨɞ ɧɚɛɥɸɞɟɧɢɟɦ ɧɚɯɨɞɢɥɨɫɶ ɩɚɰɢɟɧɬɚ ɠɟɧɳɢɧɵ ɢ ɦɭɠɱɢɧɚ ɫ ɤɥɢɧɢɱɟɫɤɢɦɢ ɩɪɨɹɜɥɟɧɢɹɦɢ ɞɟɦɨɞɟɤɨɡɚ ɫ ɩɪɨɞɨɥɠɢɬɟɥɶɧɨɫɬɶɸ ɡɚɛɨɥɟɜɚɧɢɹ ɨɬ ɞɨ ɦɟɫ ɜ ɜɨɡɪɚɫɬɟ ɨɬ ɞɨ ɥɟɬ ɉɚɰɢɟɧɬɵ ɛɵɥɢ ɪɚɡɞɟɥɟɧɵ ɧɚ ɝɪɭɩɩɵ ɜ ɡɚɜɢɫɢɦɨɫɬɢ ɨɬ ɩɪɨɜɨɞɢɦɨɣ ɬɟɪɚɩɢɢ Ʌɟɱɟɧɢɟ ɩɟɪɜɨɣ ɝɪɭɩɩɵ ɛɨɥɶɧɵɯ ɩɪɨɜɨɞɢɥɨɫɶ ɩɪɟɩɚɪɚɬɚɦɢ ɫɢɫɬɟɦɧɨɝɨ ɞɟɣɫɬɜɢɹ ɬɪɢɯɨɩɨɥ ɜ ɫɨɱɟɬɚɧɢɢ ɫ ɦɟɫɬɧɵɦ ɥɟɱɟɧɢɟɦ ɤɪɟɦɨɦ ɪɨɡɚɦɟɬ ɱɟɥɨɜɟɤ ɜɬɨɪɨɣ ɝɪɭɩɩɟ ɩɚɰɢɟɧɬɨɜ ɧɚɡɧɚɱɚɥɫɹ ɩɪɟɩɚɪɚɬ ɬɨɥɶɤɨ ɞɥɹ ɦɟɫɬɧɨɝɨ ɩɪɢɦɟɧɟɧɢɹ ɩɚɰɢɟɧɬɚ Ⱦɢɚɝɧɨɡ ɭɫɬɚɧɚɜɥɢɜɚɥɢ ɧɚ ɨɫɧɨɜɚɧɢɢ ɤɥɢɧɢɱɟɫɤɢɯ ɞɚɧɧɵɯ ɢ ɦɢɤɪɨɫɤɨɩɢɱɟɫɤɨɦ ɜɵɹɜɥɟɧɢɢ ɤɥɟɳɟɣ ɪɨɞɚ 'HPRGH[ ɭɜɟɥɢɱɟɧɢɟ ɗɮɮɟɤɬɢɜɧɨɫɬɶ ɥɟɱɟɧɢɹ ɨɰɟɧɢɜɚɥɨɫɶ ɩɨ ɫɪɨɤɚɦ ɪɟɝɪɟɫɫɚ ɤɥɢɧɢɱɟɫɤɢɯ ɩɪɨɹɜɥɟɧɢɣ ɢ ɧɚɥɢɱɢɹ ɪɟɰɢɞɢɜɨɜ ɡɚɛɨɥɟɜɚɧɢɹ ȼɵɡɞɨɪɨɜɥɟɧɢɟ ɩɚɰɢɟɧɬɨɜ ɩɨɞɬɜɟɪɠɞɚɥɨɫɶ ɨɬɫɭɬɫɬɜɢɟɦ ɦɢɤɪɨɫɤɨɩɢɱɟɫɤɨɝɨ ɤɥɟɳɚ ɪɨɞɚ 'HPRGH[ ɜ ɫɨɫɤɨɛɟ ɤɨɠɢ Ɋɟɡɭɥɶɬɚɬɵ ɍ ɨɛɫɥɟɞɨɜɚɧɧɵɯ ɛɨɥɶɧɵɯ ɤɥɢɧɢɱɟɫɤɚɹ ɤɚɪɬɢɧɚ ɞɟɦɨɞɟɤɨɡɚ ɩɪɨɹɜɥɹɥɚɫɶ ɜ ɜɢɞɟ ɷɪɢɬɟɦɵ ɦɟɥɤɢɯ ɩɚɩɭɥ ɢ ɩɭɫɬɭɥ ɤɪɭɩɧɨɩɥɚɫɬɢɧɱɚɬɨɝɨ ɲɟɥɭɲɟɧɢɹ ɉɨɫɥɟ ɩɪɨɜɟɞɟɧɧɨɣ ɬɟɪɚɩɢɢ ɭ ɩɚɰɢɟɧɬɨɜ ɩɟɪɜɨɣ ɝɪɭɩɩɵ ɤɨɬɨɪɵɦ ɩɪɨɜɨɞɢɥɨɫɶ ɫɨɱɟɬɚɧɧɨɟ ɥɟɱɟɧɢɟ ɬɪɢɯɨɩɨɥɨɦ ɫ ɤɪɟɦɨɦ Ɋɨɡɚɦɟɬ ɪɟɝɪɟɫɫ ɤɥɢɧɢɱɟɫɤɢɯ ɩɪɨɹɜɥɟɧɢɣ ɧɚɛɥɸɞɚɥɫɹ ɱɟɪɟɡ ɞɧɟɣ ɩɨɫɥɟ ɧɚɱɚɥɚ ɥɟɱɟɧɢɹ ɨɬɫɭɬɫɬɜɢɟ ɤɥɟɳɚ ɪɨɞɚ 'HPRGH[ ɜ ɫɨɫɤɨɛɟ ɫ ɩɨɜɟɪɯɧɨɫɬɢ ɤɨɠɢ ± ɧɚ ɞɟɧɶ ɧɚɱɚɬɨɣ ɬɟɪɚɩɢɢ ɧɚɥɢɱɢɟ ɪɟɰɢɞɢɜɨɜ ɧɚɛɥɸɞɚɥɨɫɶ ɬɨɥɶɤɨ ɜ ɫɥɭɱɚɟɜ ɍ ɛɨɥɶɧɵɯ ɜɬɨɪɨɣ ɝɪɭɩɩɵ ɤɨɬɨɪɵɟ ɩɪɢɧɢɦɚɥɢ ɦɟɫɬɧɨ ɤɪɟɦ Ɋɨɡɚɦɟɬ ɪɟɝɪɟɫɫ ɡɚɛɨɥɟɜɚɧɢɹ ɧɚɛɥɸɞɚɥɫɹ ɱɟɪɟɡ ɧɟɞɟɥɢ ɩɨɫɥɟ ɧɚɱɚɬɨɣ ɬɟɪɚɩɢɢ ɨɬɫɭɬɫɬɜɢɟ ɤɥɟɳɚ 'HPRGH[ ɜ ɫɨɫɤɨɛɟ ɤɨɠɢ ɨɬɦɟɱɚɥɨɫɶ ɧɚ ɞɟɧɶ ɧɚɥɢɱɢɟ ɪɟɰɢɞɢɜɨɜ ± ɜ ɫɥɭɱɚɟɜ ȼɵɜɨɞɵ Ʉɨɦɩɥɟɤɫɧɨɟ ɥɟɱɟɧɢɟ ɡɚɛɨɥɟɜɚɧɢɹ ɩɪɟɩɚɪɚɬɚɦɢ ɫɢɫɬɟɦɧɨɝɨ ɞɟɣɫɬɜɢɹ ɜ ɫɨɱɟɬɚɧɢɢ ɫ ɦɟɫɬɧɵɦ ɩɪɢɦɟɧɟɧɢɟɦ ɤɪɟɦɚ Ɋɨɡɚɦɟɬ ɨɛɥɚɞɚɸɬ ɜɵɪɚɠɟɧɧɵɦ ɬɟɪɚɩɟɜɬɢɱɟɫɤɢɦ ɷɮɮɟɤɬɨɦ Ⱦɚɧɧɵɣ ɦɟɬɨɞ ɫɩɨɫɨɛɫɬɜɭɟɬ ɛɨɥɟɟ ɛɵɫɬɪɨɦɭ ɤɥɢɧɢɱɟɫɤɨɦɭ ɜɵɡɞɨɪɨɜɥɟɧɢɸ ɢ ɡɧɚɱɢɬɟɥɶɧɨɦɭ ɫɨɤɪɚɳɟɧɢɸ ɤɨɥɢɱɟɫɬɜɚ ɪɟɰɢɞɢɜɨɜ ɡɚɛɨɥɟɜɚɧɢɹ ɱɟɦ ɩɪɢ ɢɫɩɨɥɶɡɨɜɚɧɢɢ ɬɨɥɶɤɨ ɦɟɫɬɧɨɝɨ ɥɟɱɟɧɢɹ &203/(; 75($70(17 2) '(02',&26,6 / / (OLVWUDWRYD 6FLHQWL¿F $GYLVRU ±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± WR PRQWKV $JHG WR \HDUV 3DWLHQWV ZHUH GLYLGHG LQWR JURXSV GHSHQGLQJ RQ WKH WKHUDS\ 7UHDWPHQW RI WKH ¿UVW JURXS RI SDWLHQWV ZDV FDUULHG RXW SUHSDUDWLRQV IRU V\VWHPLF HIIHFWV 7ULFKRSRO LQ FRPELQDWLRQ ZLWK ORFDO WUHDWPHQW FUHDP UR]DPHW WKH VHFRQG JURXS RI SDWLHQWV DGPLQLVWHUHG WKH GUXJ RQO\ IRU ORFDO XVH SDWLHQWV 7KH GLDJQRVLV ZDV EDVHG RQ FOLQLFDO GDWD DQG WKH PLFURVFRSLF GHWHFWLRQ RI PLWHV RI WKH JHQXV 'HPRGH[ LQFUHDVH RI (I¿FDF\ RI WUHDWPHQW ZDV HYDOXDWHG RQ WHUPV RI UHJUHVVLRQ RI FOLQLFDO PDQLIHVWDWLRQV DQG WKH SUHVHQFH RI GLVHDVH UHFXUUHQFH 5HFRYHU\ RI SDWLHQWV ZDV

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ɐɟɥɶɸ ɢɫɫɥɟɞɨɜɚɧɢɹ ɹɜɥɹɟɬɫɹ ɪɚɡɪɚɛɨɬɤɚ ɤɨɦɩɥɟɤɫɚ ɦɟɪ ɧɚɩɪɚɜɥɟɧɧɵɯ ɧɚ ɫɨɯɪɚɧɟɧɢɟ ɜɢɬɚɥɶɧɨɫɬɢ ɩɭɥɶɩɵ ɩɨɡɜɨɥɹɸɳɢɯ ɩɨɜɵɫɢɬɶ ɷɮɮɟɤɬɢɜɧɨɫɬɶ ɥɟɱɟɧɢɹ ɩɚɰɢɟɧɬɨɜ ɫ ɢɫɩɨɥɶɡɨɜɚɧɢɟɦ ɮɢɡɢɨɬɟɪɚɩɟɜɬɢɱɟɫɤɢɯ ɦɟɬɨɞɨɜ ɥɟɱɟɧɢɹ ɜ ɷɤɫɩɟɪɢɦɟɧɬɚɥɶɧɨɦ ɢɫɫɥɟɞɨɜɚɧɢɢ Ɇɚɝɧɢɬɧɨɟ ɩɨɥɟ ɢ ɥɚɡɟɪɧɨɟ ɢɡɥɭɱɟɧɢɟ ɫɬɢɦɭɥɢɪɭɸɬ ɦɟɬɚɛɨɥɢɱɟɫɤɢɟ ɩɪɨɰɟɫɫɵ ɜ ɬɤɚɧɹɯ ɚɤɬɢɜɢɡɢɪɭɸɬ ɫɢɧɬɟɡ ɛɢɨɥɨɝɢɱɟɫɤɢ ɚɤɬɢɜɧɵɯ ɜɟɳɟɫɬɜ ɢɡɦɟɧɹɸɬ ɪɇ ɫɪɟɞɵ ɩɨɜɵɲɚɸɬ ɷɧɟɪɝɟɬɢɱɟɫɤɭɸ ɚɤɬɢɜɧɨɫɬɶ ɤɥɟɬɨɱɧɵɯ ɦɟɦɛɪɚɧ ɱɬɨ ɨɛɟɫɩɟɱɢɜɚɟɬ ɩɪɨɬɢɜɨɜɨɫɩɚɥɢɬɟɥɶɧɨɟ ɨɛɟɡɛɨɥɢɜɚɸɳɟɟ ɬɪɨɮɢɱɟɫɤɨɟ ɢ ɪɟɝɟɧɟɪɢɪɭɸɳɟɟ ɞɟɣɫɬɜɢɟ Ɉɞɧɨɣ ɢɡ ɡɚɞɚɱ ɪɚɛɨɬɵ ɹɜɥɹɟɬɫɹ ɪɚɡɪɚɛɨɬɤɚ ɦɟɬɨɞɢɤɢ ɢ ɨɩɬɢɦɚɥɶɧɵɯ ɞɨɡ ɦɚɝɧɢɬɨ ɥɚɡɟɪɧɨɣ ɬɟɪɚɩɢɢ ɩɪɢ ɨɫɬɪɵɯ ɩɭɥɶɩɢɬɚɯ ɚ ɬɚɤ ɠɟ ɨɰɟɧɤɚ ɷɮɮɟɤɬɢɜɧɨɫɬɢ ɦɚɝɧɢɬɨ ɥɚɡɟɪɧɨɣ ɬɟɪɚɩɢɢ ɫ ɩɨɦɨɳɶɸ ɥɚɛɨɪɚɬɨɪɧɵɯ ɢɫɫɥɟɞɨɜɚɧɢɣ Ɇɟɬɨɞɵ ɢɫɫɥɟɞɨɜɚɧɢɹ ɝɢɫɬɨɥɨɝɢɱɟɫɤɨɟ ɦɢɤɪɨɛɢɨɥɨɝɢɱɟɫɤɨɟ ɪɟɧɬɝɟɧɨɥɨɝɢɱɟɫɤɨɟ ɢɫɫɥɟɞɨɜɚɧɢɹ ɂɫɩɨɥɶɡɨɜɚɧɧɵɟ ɫɪɟɞɫɬɜɚ ɨɛɨɪɭɞɨɜɚɧɢɟ ɤɚɮɟɞɪɵ ɬɟɪɚɩɟɜɬɢɱɟɫɤɨɣ ɫɬɨɦɚɬɨɥɨɝɢɢ ɊȽɆɍ ɢɦ ɇ ɂ ɉɢɪɨɝɨɜɚ ɫɬɨɦɚɬɨɥɨɝɢɱɟɫɤɢɟ ɦɚɬɟɪɢɚɥɵ ɢɫɩɨɥɶɡɭɟɦɵɟ ɞɥɹ ɥɟɱɟɧɢɹ ɡɚɛɨɥɟɜɚɧɢɹ ɩɭɥɶɩɵ ɡɭɛɨɜ ɩɨɥɨɜɨɡɪɟɥɵɟ ɤɪɨɥɢɤɢ ɩɨɪɨɞɵ ©ɋɨɜɟɬɫɤɚɹ ɲɢɧɲɢɥɥɚª ± ɤɝ ɥɟɱɟɛɧɵɟ ɩɪɨɤɥɚɞɤɢ ɧɚ ɨɫɧɨɜɟ &D 32 2+ ɚɩɩɚɪɚɬ ɥɚɡɟɪɧɨɣ ɬɟɪɚɩɢɢ ȺɅɌ ©Ɇɭɫɬɚɧɝ ª ± ɤɚɧɚɥɶɧɵɣ Ɍɚɤɢɦ ɨɛɪɚɡɨɦ ɩɪɢɦɟɧɟɧɢɟ ɤɨɦɩɥɟɤɫɚ ɦɟɬɨɞɨɜ ɩɨɡɜɨɥɢɬ ɫɬɢɦɭɥɢɪɨɜɚɬɶ ɨɛɪɚɡɨɜɚɧɢɟ ɬɪɟɬɢɱɧɨɝɨ ɪɟɩɚɪɚɬɢɜɧɨɝɨ ɞɟɧɬɢɧɚ ɩɨɞ ɞɟɣɫɬɜɢɟɦ ɢɫɩɨɥɶɡɭɟɦɵɯ ɥɟɱɟɛɧɵɯ ɩɪɨɤɥɚɞɨɤ ɢ ɦɚɝɧɢɬɨ ɥɚɡɟɪɧɨɣ ɬɟɪɚɩɢɢ ɩɨɜɵɫɢɬ ɡɚɳɢɬɭ ɩɭɥɶɩɵ ɨɬ ɜɧɟɲɧɢɯ ɜɨɡɞɟɣɫɬɜɢɣ ɢ ɫɨɡɞɚɫɬ ɭɫɥɨɜɢɹ ɨɛɪɚɬɢɦɨɫɬɢ ɜɨɫɩɚɥɢɬɟɥɶɧɨɝɨ ɩɪɨɰɟɫɫɚ ɱɬɨ ɩɪɢɜɟɞɟɬ ɤ ɫɨɯɪɚɧɟɧɢɸ ɩɭɥɶɩɵ ɜɢɬɚɥɶɧɨɣ .((3,1*7+( 38/3 9,7$/,7< :,7+ 7+( 86( 2) 3+<6,27+(5$3<75($70(176 , $ 1LNROVND\D 6FLHQWL¿F $GYLVRU ± &DQG0HG6FL , 6 .RSHWVNLM 1 , 3LURJRY 5XVVLDQ 6WDWH 0HGLFDO 8QLYHUVLW\ 0RVFRZ 5XVVLD 7KH SXUSRVH RI VFLHQWL¿F LQYHVWLJDWLRQLV WR GHYHORS D VHW RI PHDVXUHV DLPHG DW SUHVHUYLQJ WKH YLWDOLW\ RI WKH SXOS DOORZLQJ PRUH HIIHFWLYH WUHDWPHQW RI SDWLHQWV ZLWK SK\VLRWKHUDS\ WUHDWPHQW LQ D SLORW VWXG\ 0DJQHWLF ¿HOG DQG ODVHU OLJKW VWLPXODWHV WKH PHWDEROLF SURFHVVHV LQ WLVVXHV DQG VWLPXODWHV WKH V\QWKHVLV RI ELRORJLFDOO\ DFWLYH VXEVWDQFHV WKDW DOWHU WKH S+ LQFUHDVH WKH HQHUJ\ DFWLYLW\ RI WKH FHOO PHPEUDQH ZKLFK SURYLGHV DQWL LQÀ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©6RYLHW &KLQFKLOODª ± NJ WKHUDSHXWLF SDGV RQ WKH EDVLV RI &D 32 2+ WKH DSSDUDWXV ODVHU WKHUDS\ $/7 © 0XVWDQJ ± FKDQQHO 7KXV WKH XVH RI FRPSOH[ WHFKQLTXHV

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ɇɚɭɱɧɵɣ ɪɭɤɨɜɨɞɢɬɟɥɶ ± ɞ ɦ ɧ ɩɪɨɮ ȿ Ɇ Ȼɚɛɢɱ ɏɚɪɶɤɨɜɫɤɢɣ ɧɚɰɢɨɧɚɥɶɧɵɣ ɭɧɢɜɟɪɫɢɬɟɬ ɢɦ ȼ ɇ Ʉɚɪɚɡɢɧɚ ɍɤɪɚɢɧɚ ɍɥɶɬɪɚɮɢɨɥɟɬɨɜɨɟ ɢɡɥɭɱɟɧɢɟ ɲɢɪɨɤɨ ɩɪɢɦɟɧɹɟɬɫɹ ɞɥɹ ɨɛɟɡɡɚɪɚɠɢɜɚɧɢɹ ɜɨɡɞɭɯɚ ɫɩɟɰɢɚɥɶɧɵɯ ɩɨɦɟɳɟɧɢɣ ɜ ɥɟɱɟɛɧɨ ɩɪɨɮɢɥɚɤɬɢɱɟɫɤɢɯ ɭɱɪɟɠɞɟɧɢɹɯ ɉɨɷɬɨɦɭ ɢɡɭɱɟɧɢɟ ɞɟɣɫɬɜɢɹ ɍɎ ɢɡɥɭɱɟɧɢɹ ɧɚ ɮɚɤɬɨɪɵ ɚɝɪɟɫɫɢɢ ɩɚɬɨɝɟɧɧɵɯ ɢ ɭɫɥɨɜɧɨ ɩɚɬɨɝɟɧɧɵɯ ɦɢɤɪɨɨɪɝɚɧɢɡɦɨɜ ɢɦɟɟɬ ɜɚɠɧɨɟ ɡɧɚɱɟɧɢɟ ɞɥɹ ɪɟɲɟɧɢɹ ɩɪɢɤɥɚɞɧɵɯ ɦɟɞɢɰɢɧɫɤɢɯ ɢ ɛɢɨɥɨɝɢɱɟɫɤɢɯ ɩɪɨɛɥɟɦ Ⱦɥɹ ɢɫɫɥɟɞɨɜɚɧɢɣ ɢɫɩɨɥɶɡɨɜɚɥɢ ɷɬɚɥɨɧɧɵɣ ɲɬɚɦɦ 6 DXUHXV ȺɌɋɋ ɢ ɬɪɢ ɰɢɪɤɭɥɢɪɭɸɳɢɯ ɲɬɚɦɦɚ ɡɨɥɨɬɢɫɬɨɝɨ ɫɬɚɮɢɥɨɤɨɤɤɚ ɩɪɨɞɭɰɢɪɭɸɳɢɟ ɮɟɪɦɟɧɬɵ ɥɟɰɢɬɢɧɚɡɭ ɢ ɤɨɚɝɭɥɚɡɭ ȼ ɤɚɱɟɫɬɜɟ ɩɨɜɪɟɠɞɚɸɳɟɝɨ ɮɚɤɬɨɪɚ ɛɵɥɚ ɢɫɩɨɥɶɡɨɜɚɧɚ ɪɬɭɬɧɨ ɤɜɚɪɰɟɜɚɹ ɥɚɦɩɚ ɉɊɄ ɤɨɬɨɪɚɹ ɨɛɟɫɩɟɱɢɜɚɥɚ ɞɢɚɩɚɡɨɧ ɞɥɢɧ ɜɨɥɧ ɭɥɶɬɪɚɮɢɨɥɟɬɨɜɨɝɨ ɨɛɥɭɱɟɧɢɹ Ȝ ɧɦ ɗɤɫɩɟɪɢɦɟɧɬɚɥɶɧɨ ɭɫɬɚɧɨɜɥɟɧɨ ɱɬɨ ɜɫɟ ɜɡɹɬɵɟ ɜ ɨɩɵɬ ɢɡɨɥɹɬɵ ɫɬɚɮɢɥɨɤɨɤɤɚ ɫɢɧɬɟɡɢɪɨɜɚɥɢ ɥɟɰɢɬɢɧɚɡɭ ɍɎ ɢɡɥɭɱɟɧɢɟ ɧɟ ɜɥɢɹɥɨ ɧɚ ɫɩɨɫɨɛɧɨɫɬɶ ɩɪɨɞɭɰɢɪɨɜɚɬɶ ɥɟɰɢɬɢɧɚɡɭ ɭ ɰɢɪɤɭɥɢɪɭɸɳɢɯ ɲɬɚɦɦɨɜ ɫɬɚɮɢɥɨɤɨɤɤɚ ɬɨɝɞɚ ɤɚɤ ɱɚɫɬɶ ɢɡɨɥɹɬɨɜ 6 DXUHXV ȺɌɋɋ ɬɟɪɹɥɢ ɫɩɨɫɨɛɧɨɫɬɶ ɩɪɨɞɭɰɢɪɨɜɚɬɶ ɞɚɧɧɵɣ ɷɧɡɢɦ Ʉɨɚɝɭɥɚɡɧɚɹ ɚɤɬɢɜɧɨɫɬɶ ɛɵɥɚ ɨɩɪɟɞɟɥɟɧɚ ɬɨɥɶɤɨ ɭ ɢɡɨɥɹɬɨɜ ɷɬɚɥɨɧɧɨɝɨ ɲɬɚɦɦɚ ɡɨɥɨɬɢɫɬɨɝɨ ɫɬɚɮɢɥɨɤɨɤɤɚ ɢ ɫɨɫɬɚɜɢɥɚ ɭɫɥ ɟɞ ɦɥ Ɉɛɥɭɱɟɧɢɟ ɭɥɶɬɪɚɮɢɥɟɬɨɦ ɩɪɢɜɟɥɨ ɤ ɨɛɪɚɡɨɜɚɧɢɸ ɤɨɥɨɧɢɣ ɨɛɥɚɞɚɸɳɢɯ ɩɨɜɵɲɟɧɧɨɣ ɩɨɧɢɠɟɧɧɨɣ ɢ ɧɟ ɨɛɥɚɞɚɸɳɢɯ ɩɥɚɡɦɨɤɨɚɝɭɥɚɡɧɨɣ ɚɤɬɢɜɧɨɫɬɶɸ ɬ ɟ ɱɚɫɬɶ ɛɚɤɬɟɪɢɣ ɭɬɪɚɱɢɜɚɥɚ ɫɩɨɫɨɛɧɨɫɬɶ ɤɨɚɝɭɥɢɪɨɜɚɬɶ ɩɥɚɡɦɭ ɢɡɨɥɹɬɨɜ ɚ ɱɚɫɬɶ ± ɭɜɟɥɢɱɢɜɚɥɚ ɚɤɬɢɜɧɨɫɬɶ ɜ ɪɚɡɚ ɪ ɉɪɨɜɟɞɟɧɧɵɟ ɢɫɫɥɟɞɨɜɚɧɢɹ ɩɨɤɚɡɚɥɢ ɱɬɨ ɩɨɫɥɟ ɜɨɡɞɟɣɫɬɜɢɹ ɍɎ ɢɡɥɭɱɟɧɢɹ ɭ ɨɬɞɟɥɶɧɵɯ ɢɡɨɥɹɬɨɜ ɡɨɥɨɬɢɫɬɵɯ ɫɬɚɮɢɥɨɤɨɤɤɨɜ ɢɡɦɟɧɹɥɢɫɶ ɩɪɨɞɭɤɰɢɹ ɥɟɰɢɬɢɧɚɡɵ ɢ ɚɤɬɢɜɧɨɫɬɶ ɩɥɚɡɦɨɤɨɚɝɭɥɚɡɵ Ɍɚɤɢɦ ɨɛɪɚɡɨɦ ɩɨɹɜɥɟɧɢɟ ɲɬɚɦɦɨɜ ɦɭɬɚɧɬɨɜ ɦɨɠɟɬ ɡɚɬɪɭɞɧɹɬɶ ɢɞɟɧɬɢɮɢɤɚɰɢɸ ɩɚɬɨɝɟɧɧɵɯ ɲɬɚɦɦɨɜ ɡɨɥɨɬɢɫɬɵɯ ɫɬɚɮɢɥɨɤɨɤɤɨɜ ɢ ɩɪɢɜɨɞɢɬɶ ɤ ɨɲɢɛɨɱɧɨɦɭ ɞɢɚɝɧɨɫɬɢɱɟɫɤɨɦɭ ɡɚɤɥɸɱɟɧɢɸ 7+( ,1)/8(1&( 2) 8/75$9,2/(7 21 3$7+2*(1,& )$&7256 2) 67$3+</2&2&&86 $85(86 ( 2 .DOLQLFKHQNR 6FLHQWL¿F $GYLVRU ±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¿FDWLRQ RI SDWKRJHQLF VWUDLQV RI VWDSK\ORFRFFXV DQG FDXVH PLVWDNHQ GLDJQRVWLF FRQFOXVLRQV 06-271 ɑȺɋɌɈɌȺ ȼɋɌɊȿɑȺȿɆɈɋɌɂ ɊȺɁɅɂɑɇɕɏ ȽȿɇɈɌɂɉɈȼ ȼɂɊɍɋɈȼ ȽȿɉȺɌɂɌɈȼ ȼ ɂ ɋ ɍ ȻɈɅɖɇɕɏ ȼ ɊȿɋɉɍȻɅɂɄȿ ȾȺȽȿɋɌȺɇ Ⱥ Ɇ Ⱥɫɟɥɶɞɟɪɨɜɚ ɏ Ɇ Ɍɚɝɢɪɨɜɚ ɇɚɭɱɧɵɣ ɪɭɤɨɜɨɞɢɬɟɥɶ ± ɞ ɦ ɧ ɩɪɨɮ Ⱦ Ɋ Ⱥɯɦɟɞɨɜ Ⱦɚɝɟɫɬɚɧɫɤɚɹ ɝɨɫɭɞɚɪɫɬɜɟɧɧɚɹ ɦɟɞɢɰɢɧɫɤɚɹ ɚɤɚɞɟɦɢɹ Ɇɚɯɚɱɤɚɥɚ Ɋɨɫɫɢɹ ȼ ɧɚɫɬɨɹɳɟɟ ɜɪɟɦɹ ɜɢɪɭɫɧɵɟ ɝɟɩɚɬɢɬɵ ȼȽ ɩɪɟɞɫɬɚɜɥɹɸɬ ɫɨɛɨɣ ɚɤɬɭɚɥɶɧɭɸ ɩɪɨɛɥɟɦɭ ɡɞɪɚɜɨɨɯɪɚɧɟɧɢɹ ɜɨ ɜɫɟɦ ɦɢɪɟ ɇɚɢɛɨɥɶɲɟɝɨ ɜɧɢɦɚɧɢɹ ɡɚɫɥɭɠɢɜɚɸɬ ɩɚɪɟɧɬɟɪɚɥɶɧɵɟ ɜɢɪɭɫɧɵɟ ɝɟɩɚɬɢɬɵ ȼ ȼȽȼ ɢ ɋ ȼȽɋ ɤɨɬɨɪɵɟ ɡɚɱɚɫɬɭɸ ɩɪɢɜɨɞɹɬ ɤ ɪɚɡɜɢɬɢɸ ɯɪɨɧɢɱɟɫɤɨɝɨ ɝɟɩɚɬɢɬɚ ɰɢɪɪɨɡɚ ɢ ɪɚɤɚ ɩɟɱɟɧɢ ɂɡɜɟɫɬɧɨ ɱɬɨ ɬɟɱɟɧɢɟ ɢ ɢɫɯɨɞ ȼȽ ɜɨ ɦɧɨɝɨɦ ɡɚɜɢɫɹɬ ɨɬ ɝɟɧɨɬɢɩɨɜ ɜɢɪɭɫɨɜ ɜ ɫɜɹɡɢ ɫ ɷɬɢɦ ɜ ɩɨɫɥɟɞɧɢɟ ɞɟɫɹɬɢɥɟɬɢɹ ɜ ɤɥɢɧɢɤɟ ɩɨɦɢɦɨ ɢɡɭɱɟɧɢɹ ɷɬɢɨɥɨɝɢɱɟɫɤɨɣ ɫɬɪɭɤɬɭɪɵ ȼȽ ɨɩɪɟɞɟɥɹɸɬ ɢ ɝɟɧɨɬɢɩɵ ɉɨ ɞɚɧɧɵɦ ɪɟɡɭɥɶɬɚɬɨɜ ɨɬɟɱɟɫɬɜɟɧɧɵɯ ɢ ɡɚɪɭɛɟɠɧɵɯ ɢɫɫɥɟɞɨɜɚɬɟɥɟɣ ɭɫɬɚɧɨɜɥɟɧɵ ɝɟɨɝɪɚɮɢɱɟɫɤɢɟ ɪɚɡɥɢɱɢɹ ɜ ɪɚɫɩɪɨɫɬɪɚɧɟɧɢɢ ɝɟɧɨɬɢɩɨɜ ȼȽ ɇɚɢɛɨɥɶɲɟɟ ɪɚɫɩɪɨɫɬɪɚɧɟɧɢɟ ɢɦɟɸɬ ɝɟɧɨɬɢɩɵ ɚ ɜ ɚ ɜ ɢ ɚ ȼȽɋ ɢ Ⱥ ȼ ɋ ' ȿ ) ȼȽȼ ɂɡɜɟɫɬɧɨ ɱɬɨ ɜ ɋɒȺ ɩɪɟɜɚɥɢɪɭɟɬ ɝɟɧɨɬɢɩ ɚ ȼȽɋ ± ©ɚɦɟɪɢɤɚɧɫɤɢɣª ɝɟɧɨɬɢɩ ɜ əɩɨɧɢɢ


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ɩɪɚɤɬɢɤɟ ɨɬɤɪɵɥɨ ɦɧɨɠɟɫɬɜɨ ɩɟɪɫɩɟɤɬɢɜ ɐɟɥɶɸ ɧɚɲɟɣ ɪɚɛɨɬɵ ɹɜɢɥɨɫɶ ɭɫɨɜɟɪɲɟɧɫɬɜɨɜɚɧɢɟ ɢ ɜɧɟɞɪɟɧɢɟ ɜ ɩɪɚɤɬɢɤɭ ɦɟɬɨɞɚ ɥɟɱɟɧɢɹ ɨɠɨɝɨɜɵɯ ɪɚɧ ɫ ɩɪɢɦɟɧɟɧɢɟɦ ɫɨɜɪɟɦɟɧɧɵɯ ɪɚɧɟɜɵɯ ɩɨɤɪɵɬɢɣ ɢ ɤɭɥɶɬɢɜɢɪɨɜɚɧɧɵɯ ɮɢɛɪɨɛɥɚɫɬɨɜ ɪɚɫɩɪɟɞɟɥɟɧɧɵɯ ɜ ɝɟɥɟ ©Ȼɢɨɤɨɥª ɂɫɫɥɟɞɨɜɚɧɨ ɩɨɫɬɪɚɞɚɜɲɢɯ ɫ ɨɛɲɢɪɧɵɦɢ ɩɨɝɪɚɧɢɱɧɵɦɢ ɢ ɝɥɭɛɨɤɢɦɢ ɨɠɨɝɚɦɢ Ȼɨɥɶɧɵɟ ɪɚɡɞɟɥɟɧɵ ɧɚ ɨɫɧɨɜɧɭɸ ɛɨɥɶɧɵɯ ɢ ɤɨɧɬɪɨɥɶɧɭɸ ɛɨɥɶɧɵɯ Ɉɫɧɨɜɧɚɹ ɝɪɭɩɩɚ ɩɪɢɦɟɧɟɧɨ ɤɨɦɩɥɟɤɫɧɨɟ ɥɟɱɟɧɢɟ ɫɨɱɟɬɚɸɳɟɟ ɪɚɧɧɸɸ ɢɥɢ ɨɬɫɪɨɱɟɧɧɭɸ ɯɢɪɭɪɝɢɱɟɫɤɭɸ ɧɟɤɪɷɤɬɨɦɢɸ ɫ ɩɨɫɥɟɞɭɸɳɟɣ ɚɭɬɨɞɟɪɦɨɩɥɚɫɬɢɤɨɣ ȺȾɉ ɤɨɠɧɵɦɢ ɥɨɫɤɭɬɚɦɢ ɫ ɤɨɷɮɮɢɰɢɟɧɬɨɦ ɩɟɪɮɨɪɚɰɢɢ ɢ ɬɪɚɧɫɩɥɚɧɬɚɰɢɟɣ ɤɭɥɶɬɭɪɵ ɮɢɛɪɨɛɥɚɫɬɨɜ ɪɚɫɩɪɟɞɟɥɟɧɧɵɯ ɜ ɝɟɥɟɨɛɪɚɡɧɨɣ ɦɚɫɫɟ ©Ȼɢɨɤɨɥª ɄȺɎ ɝɟɥɶ ɪɟɲɟɧɢɟ ɧɚ ɩɚɬɟɧɬ ʋ ɨɬ ɜ ɤɚɱɟɫɬɜɟ ɞɨɩɨɥɧɢɬɟɥɶɧɨɣ ɮɢɤɫɚɰɢɢ ɢ ɡɚɲɢɬɵ ɚɭɬɨɞɟɪɦɨɬɪɚɧɫɩɥɨɧɬɚɬɨɜ ɩɪɢɦɟɧɹɥɢ ɪɚɧɟɜɨɟ ɩɨɤɪɵɬɢɟ ©ɉɚɪɚɩɪɚɧª Ƚɪɭɩɩɚ ɫɪɚɜɧɟɧɢɹ ɩɚɰɢɟɧɬɵ ɤɨɬɨɪɵɟ ɩɨɫɥɟ ɪɚɧɧɟɣ ɢ ɨɬɫɪɨɱɟɧɧɨɣ ɯɢɪɭɪɝɢɱɟɫɤɨɣ ɧɟɤɪɷɤɬɨɦɢɢ ɢ ȺȾɉ ɩɨɥɭɱɚɥɢ ɬɪɚɞɢɰɢɨɧɧɨɟ ɥɟɱɟɧɢɟ ɫ ɩɪɢɦɟɧɟɧɢɟɦ ɦɚɡɟɜɵɯ ɩɨɜɹɡɨɤ ɇɚɱɚɥɨ ɚɤɬɢɜɧɨɣ ɷɩɢɬɟɥɢɡɚɰɢɹɹɱɟɟɤ ɨɬɦɟɱɚɥɚɫɶ ɧɚ ɫɭɬɤɢ ɜ ɨɫɧɨɜɧɨɣ ɝɪɭɩɩɟ ɢ ɧɚ ± ɜ ɤɨɧɬɪɨɥɶɧɨɣ ɇɚ ɫɭɬɤɢ ɩɨɫɥɟ ɨɩɟɪɚɰɢɢ ɜ ɦɚɡɤɚɯ ɨɬɩɟɱɚɬɤɚɯ ɩɪɟɨɛɥɚɞɚɟɬ ɪɟɝɟɧɟɪɚɬɨɪɧɵɣ ɬɢɩ ɰɢɬɨɝɪɚɦɦ ± ɜ ɤɨɧɬɪɨɥɟ ɭ ɪɟɝɟɧɟɪɚɬɨɪɧɨ ɜɨɫɩɚɥɢɬɟɥɶɧɵɣ ɜ ɤɨɧɬɪɨɥɟ Ʉ ɞɧɸ ɩɨɫɥɟ ɬɪɚɧɫɩɥɚɧɬɚɰɢɢ ɪɟɝɟɧɟɪɚɬɨɪɧɵɣ ɬɢɩ ɰɢɬɨɝɪɚɦɦ ɨɬɦɟɱɚɥɫɹ ɭ ɤɨɧɬɪɨɥɶ ɛɨɥɶɧɵɯ Ɇɢɤɪɨɛɧɚɹ ɨɛɫɟɦɟɧɟɧɧɨɫɬɶ ɜ ɨɫɧɨɜɧɨɣ ɝɪɭɩɩɟ ɧɚ ɫɭɬɤɢ ɫɧɢɡɢɥɚɫɶ ɫ ɞɨ ɄɈȿ ɧɚ ɫɦ ɜ ɤɨɧɬɪɨɥɟ ɞɨ ɄɈȿ ɍ ɛɨɥɶɧɨɝɨ ɨɫɧɨɜɧɨɣ ɝɪɭɩɩɵ ɫ ɨɠɨɝɚɦɢ ,,,Ȼ ɫɬ ɨɬɦɟɱɚɥɨɫɶ ɧɚɝɧɨɟɧɢɟ ɪɚɧ ɢ ɱɚɫɬɢɱɧɵɣ ɥɢɡɢɫ ɩɟɪɟɫɚɠɟɧɧɵɯ ɤɨɠɧɵɯ ɥɨɫɤɭɬɨɜ ɧɚ ɩɥɨɳɚɞɢ ɩ ɬ ɜ ɝɪɭɩɩɟ ɫɪɚɜɧɟɧɢɹ ɷɬɨ ɨɫɥɨɠɧɟɧɢɟ ɨɬɦɟɱɟɧɨ ɭ ɢɡ ɨɛɫɥɟɞɨɜɚɧɧɵɯ ɛɨɥɶɧɵɯ ɥɢɡɢɫ ɩɟɪɟɫɚɠɟɧɧɵɯ ɤɨɠɧɵɯ ɥɨɫɤɭɬɨɜ ɧɚ ɩɥɨɳɚɞɢ Ʌɟɬɚɥɶɧɵɯ ɢɫɯɨɞɨɜ ɧɟ ɨɬɦɟɱɚɥɨɫɶ Ʉɨɦɩɥɟɤɫɧɨɟ ɥɟɱɟɧɢɟ ɫ ɢɫɩɨɥɶɡɨɜɚɧɢɟɦ ɄȺɎ ɝɟɥɶ ɩɨɡɜɨɥɹɟɬ ɫɨɤɪɚɬɢɬɶ ɩɨɬɪɟɛɧɨɫɬɶ ɜ ɪɟɫɭɪɫɚɯ ɞɨɧɨɪɫɤɨɣ ɤɨɠɢ ɨɛɟɫɩɟɱɢɜɚɟɬ ɛɵɫɬɪɭɸ ɷɩɢɬɟɥɢɡɚɰɢɸ ɪɚɧ ɢ ɷɮɮɟɤɬɢɜɧɨɟ ɜɨɫɫɬɚɧɨɜɥɟɧɢɟ ɰɟɥɨɫɬɧɨɫɬɢ ɤɨɠɧɵɯ ɩɨɤɪɨɜɨɜ ɩɨɡɜɨɥɹɟɬ ɡɧɚɱɢɬɟɥɶɧɨ ɭɦɟɧɶɲɢɬɶ ɩɪɨɰɟɧɬ ɨɫɥɨɠɧɟɧɢɣ ɭɦɟɧɶɲɢɬɶ ɫɪɨɤɢ ɥɟɱɟɧɢɹ &(//8/$5 7(+12/2*,(6 $7 $ &203/(; 75($70(17 2) 7+( %8517 :281'6 = 1D]DURYD . 6DODKLGGLQRY 6FLHQWL¿F $GYLVRU ± '06FL 3URI $ $ $OHNVHHY $QGLMDQ 6WDWH 0HGLFDO ,QVWLWXWH 8]EHNLVWDQ $FWLYH XVH RI FXOWXUHG FHOOV LQFOXGLQJ KXPDQ GHUPDO ILEUREODVWV LQ NRPEXVWLRORJLFKHVNR\ SUDFWLFH KDV RSHQHG PDQ\ RSSRUWXQLWLHV 7KH DLP RI RXU ZRUN ZDV WKH LPSURYHPHQW DQG LPSOHPHQWDWLRQ LQ SUDFWLFH RI WUHDWPHQW RI EXUQ ZRXQGV ZLWK PRGHUQ ZRXQG FRYHULQJV DQG FXOWXUHG ILEUREODVWV GLVWULEXWHG LQ WKH JHO ©%LRNROª 6WXGLHG SDWLHQWV ZLWK ERUGHUOLQH DQG H[WHQVLYH GHHS EXUQV 3DWLHQWV ZHUH GLYLGHG LQWR SULPDU\ SDWLHQWV DQG FRQWURO SDWLHQWV 7KH &RUH *URXS WR LPSOHPHQW DQ LQWHJUDWHG WUHDWPHQW FRPELQLQJ WKH HDUO\ RU GHOD\HG VXUJLFDO QHFUHFWRP\ IROORZHG DXWRGHUPRSODVWLNR\ $'3 VNLQ JUDIWV E\ D IDFWRU RI DQG SHUIRUDWLRQ WUDQVSODQW ILEUREODVWV GLVWULEXWHG LQ D JHODWLQRXV PDVV ©%LRNROª &$) JHO GHFLVLRQ RQ WKH SDWHQW IURP DV DQ DGGLWLRQDO IL[DWLRQ DQG SURWHFWLRQ DXWRGHUPRWUDQVSORQWDWRY XVHG ZRXQG FRYHULQJ ©3DUDSUDQª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± QRWHG IHVWHULQJ ZRXQGV DQG SDUWLDO O\VLV RI WKH WUDQVSODQWHG VNLQ IODSV LQ WKH DUHD RI 9 GF,Q WKH FRPSDULVRQ JURXS WKLV FRPSOLFDWLRQ ZDV QRWHG LQ RI WKH H[DPLQHG SDWLHQWV O\VLV RI WKH WUDQVSODQWHG VNLQ IODSV LQ WKH DUHD RI 37 'HDWKV ZHUH REVHUYHG


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07-7 ɂɁɍɑȿɇɂȿ ȻɂɈɅɈȽɂɑȿɋɄɂɏ ɂ ɎȺɊɆȺɄɈɅɈȽɂɑȿɋɄɂɏ ɗɎɎȿɄɌɈȼ ɇȺɇɈɑȺɋɌɂɐ ɎɍɅɅȿɊȿɇɈȼ ȾɅə ɈɐȿɇɄɂ ȼɈɁɆɈɀɇɈɋɌɂ ɂɏ ɂɋɉɈɅɖɁɈȼȺɇɂə ɄȺɄ ɇɈȼɈȽɈ ɆȺɌȿɊɂȺɅȺ ɆȿȾɂɐɂɇɋɄɈȽɈ ɇȺɁɇȺɑȿɇɂə Ɇ Ʉɭɪɰ Ʌ Ɋɨɦɚɧ Ⱦ Ʉɚɪɧɚɭɯɨɜ Ɉ ɋɢɥɤɢɧɚ ȼ Ɋɭɛɰɨɜ ɇɚɭɱɧɵɣ ɪɭɤɨɜɨɞɢɬɟɥɶ ± ɩɪɨɮ ȼ ȼ Ƚɪɟɛɟɧɧɢɤɨɜɚ Ʉɪɚɫɧɨɹɪɫɤɢɣ ɝɨɫɭɞɚɪɫɬɜɟɧɧɵɣ ɦɟɞɢɰɢɧɫɤɢɣ ɭɧɢɜɟɪɫɢɬɟɬ ɢɦ ȼ Ɏ ȼɨɣɧɨ əɫɟɧɟɰɤɨɝɨ Ɋɨɫɫɢɹ Ɉɩɪɟɞɟɥɹɸɳɭɸ ɪɨɥɶ ɞɥɹ ɪɚɡɜɢɬɢɹ ɢ ɫɬɚɧɨɜɥɟɧɢɹ ɧɚɧɨɬɟɯɧɨɥɨɝɢɢ ɫɵɝɪɚɥɨ ɨɬɤɪɵɬɢɟ ɧɨɜɨɣ ɮɨɪɦɵ ɫɭɳɟɫɬɜɨɜɚɧɢɹ ɭɝɥɟɪɨɞɚ ɜ ɩɪɢɪɨɞɟ ± ɮɭɥɥɟɪɟɧɨɜ Ɉɞɧɚɤɨ ɧɟɨɛɯɨɞɢɦɨ ɨɬɦɟɬɢɬɶ ɱɬɨ ɰɟɥɟɧɚɩɪɚɜɥɟɧɧɵɯ ɢ ɫɢɫɬɟɦɚɬɢɱɟɫɤɢɯ ɢɫɫɥɟɞɨɜɚɧɢɣ ɩɨɫɜɹɳɟɧɧɵɯ ɢɡɭɱɟɧɢɸ ɜɨɡɦɨɠɧɨɫɬɟɣ ɩɪɢɦɟɧɟɧɢɹ ɮɭɥɥɟɪɟɧɨɜ LQ YLYR ɤɚɤ ɧɨɜɨɝɨ ɦɚɬɟɪɢɚɥɚ ɦɟɞɢɰɢɧɫɤɨɝɨ ɧɚɡɧɚɱɟɧɢɹ ɩɪɨɜɟɞɟɧɨ ɧɟɛɨɥɶɲɨɟ ɤɨɥɢɱɟɫɬɜɨ ɐɟɥɶ ɂɡɝɨɬɨɜɢɬɶ ɢ ɩɪɢɦɟɧɢɬɶ ɦɚɡɶ ɧɚ ɨɫɧɨɜɟ ɜɚɡɟɥɢɧɚ ɫ ɧɚɧɨɱɚɫɬɢɰɚɦɢ ɮɭɥɥɟɪɟɧ ɋ ɜ ɷɤɫɩɟɪɢɦɟɧɬɟ ɭ ɩɨɞɨɩɵɬɧɵɯ ɠɢɜɨɬɧɵɯ ɫ ɦɨɞɟɥɶɸ ɪɚɧɵ ɦɹɝɤɢɯ ɬɤɚɧɟɣ Ɇɚɬɟɪɢɚɥɵ ɢ ɦɟɬɨɞɵ Ɉɛɴɟɤɬɚɦɢ ɢɫɫɥɟɞɨɜɚɧɢɹ ɹɜɥɹɥɢɫɶ ɛɟɫɩɨɪɨɞɧɵɟ ɦɨɪɫɤɢɟ ɫɜɢɧɤɢ ɦɚɫɫɨɣ ɝɪ ɋɥɟɞɭɸɳɢɦ ɷɬɚɩɨɦ ɢɫɫɥɟɞɨɜɚɧɢɹ ɛɵɥɨ ɢɡɝɨɬɨɜɥɟɧɢɟ ɦɚɡɢ ɫ ɧɚɧɨɱɚɫɬɢɰɚɦɢ ȼ ɤɚɱɟɫɬɜɟ ɨɫɧɨɜɵ ɞɥɹ ɦɚɡɢ ɢɫɩɨɥɶɡɨɜɚɥɫɹ ɦɟɞɢɰɢɧɫɤɢɣ ɜɚɡɟɥɢɧ ɤɨɬɨɪɵɣ ɫɦɟɲɢɜɚɥɫɹ ɫ ɤɨɥɢɱɟɫɬɜɨɦ ɮɭɥɥɟɪɟɧɨɜ ɧɟɨɛɯɨɞɢɦɵɯ ɞɥɹ ɞɨɫɬɢɠɟɧɢɹ ɡɚɞɚɧɧɨɣ ɤɨɧɰɟɧɬɪɚɰɢɢ Ɉɩɵɬɧɵɟ ɠɢɜɨɬɧɵɟ ɛɵɥɢ ɪɚɫɩɪɟɞɟɥɟɧɵ ɧɚ ɝɪɭɩɩɵ Ⱥɝɪɟɫɫɢɜɧɵɦ ɜɨɡɞɟɣɫɬɜɢɟɦ ɧɚ ɜɫɟ ɝɪɭɩɩɵ ɠɢɜɨɬɧɵɯ ɹɜɥɹɥɨɫɶ ɪɚɫɫɟɱɟɧɢɟ ɤɨɠɧɵɯ ɩɨɤɪɨɜɨɜ ɞɨ ɚɩɨɧɟɜɪɨɡɚ ɜ ɦɟɠɥɨɩɚɬɨɱɧɨɣ ɨɛɥɚɫɬɢ ɞɥɢɧɨɣ ɫɦ ȼ ɝɪɭɩɩɟ ɫɪɚɜɧɟɧɢɹ ɨɩɵɬɧɵɯ ɠɢɜɨɬɧɵɯ ɤ ɦ ɫɭɬɤɚɦ ɢɫɫɥɟɞɨɜɚɧɢɹ ɪɟɝɢɫɬɪɢɪɨɜɚɥɚɫɶ ɦɟɫɬɧɚɹ ɜɨɫɩɚɥɢɬɟɥɶɧɚɹ ɪɟɚɤɰɢɹ ɜ ɜɢɞɟ ɝɢɩɟɪɟɦɢɢ ɨɬɟɤɚ ɤɪɚɟɜ ɪɚɧɵ ȼɨɫɩɚɥɢɬɟɥɶɧɚɹ ɪɟɚɤɰɢɹ ɜ ɯɨɞɟ ɧɚɛɥɸɞɟɧɢɹ ɭɦɟɧɶɲɢɥɚɫɶ ɤ ɦ ɫɭɬɤɚɦ ɢ ɩɨɥɧɨɫɬɶɸ ɤɭɩɢɪɨɜɚɥɚɫɶ ɬɨɥɶɤɨ ɤ ɦ ɫɭɬɤɚɦ ȼ ɨɩɵɬɧɵɯ ɝɪɭɩɩɚɯ ɠɢɜɨɬɧɵɯ ɝɞɟ ɩɪɢɦɟɧɹɥɢɫɶ ɞɜɭɯɤɨɦɩɨɧɟɧɬɧɚɹ ɦɚɡɶ ɦɟɞɢɰɢɧɫɤɢɣ ɜɚɡɟɥɢɧ ɢ ɮɭɥɥɟɪɟɧ ɋ ɦɟɫɬɧɨɣ ɜɨɫɩɚɥɢɬɟɥɶɧɨɣ ɪɟɚɤɰɢɢ ɧɟ ɪɟɝɢɫɬɪɢɪɨɜɚɥɨɫɶ ɧɚ ɜɫɟɦ ɩɪɨɬɹɠɟɧɢɢ ɢɫɫɥɟɞɨɜɚɧɢɹ ȼɵɜɨɞɵ Ɋɚɡɪɚɛɨɬɚɧɧɚɹ ɞɜɭɯɤɨɦɩɨɧɟɧɬɧɚɹ ɦɚɡɶ ɫ ɦɟɞɢɰɢɧɫɤɢɦ ɜɚɡɟɥɢɧɨɦ ɢ ɮɭɥɥɟɪɟɧɚɦɢ ɋ ɧɟ ɩɪɢɜɨɞɢɬ ɤ ɪɚɡɜɢɬɢɸ ɦɟɫɬɧɵɯ ɜɨɫɩɚɥɢɬɟɥɶɧɵɯ ɪɟɚɤɰɢɣ ɢ ɩɪɨɰɟɫɫ ɮɢɡɢɨɥɨɝɢɱɟɫɤɨɝɨ ɡɚɠɢɜɥɟɧɢɹ ɪɚɧ ɜ ɷɤɫɩɟɪɢɦɟɧɬɟ ɭ ɩɨɞɨɩɵɬɧɵɯ ɠɢɜɨɬɧɵɯ ɩɪɨɬɟɤɚɟɬ ɡɧɚɱɢɬɟɥɶɧɨ ɛɵɫɬɪɟɟ ɱɟɦ ɭ ɠɢɜɨɬɧɵɯ ɜ ɝɪɭɩɩɟ ɫɪɚɜɧɟɧɢɹ 678'< 21 7+( %,2/2*,& $1' 3+$50$&(87,&$/ ())(&76 2) 1$123$57,&/(6 )8//(5(1(6 $6 $ 327(17,$/ 1(: 0$7(5,$/ )25 0(',&,1$/ $33/,&$7,216 0 .XUWV / 5RPDQ ' .DUQDXNKRY 2 6LONLQD 9 5XEWVRY 6FLHQWL¿F $GYLVRU ±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ÀDPPDWRU\ UHDFWLRQ REVHUYHG DV K\SHUHPLD DQG VZHOOLQJ RI ZRXQG HGJHV ZDV QRWLFHDEOH ZKLFK UHGXFHG E\ WKH WK GD\ DQG WRWDOO\ GLVDSSHDUHG RQO\ E\ WKH WK GD\ RI REVHUYDWLRQ %HKDYLRUDO FKDQJHV ZHUH DOVR REVHUYHG LQ WKH FRQWURO JURXS VXFK DV UHIXVDO RI IRRG ORVV RI ERG\ ZHLJKW QHUYRXV XQUHVW 1R LQÀDPPDWRU\ UHDFWLRQ ZDV REVHUYHG RYHU WKH HQWLUH SHULRG RI REVHUYDWLRQ LQ WKH H[SHULPHQWDO JURXSV ZKHUH D WZR FRPSRQHQW RLQWPHQW ZDV DSSOLHG FRQVLVWLQJ RI PHGLFLQDO SHWUROHXP DQG & IXOOHUHQH &RQFOXVLRQ 7KH VXJJHVWHG WZR FRPSRQHQW RLQWPHQW FRQVLVWLQJ RI PHGLFLQDO SHWUROHXP DQG & IXOOHUHQH VWRSV WKH GHYHORSPHQW RI ORFDO LQÀDPPDWRU\ UHDFWLRQV DQG IDFLOLWDWHV D PRUH UDSLG SK\VLRORJLFDO KHDOLQJ RI WKH ZRXQG LQ WKH H[SHULPHQWDO DQLPDOV DV FRPSDUHG WR WKH FRQWURO JURXS


ǹȍȒȞȐȧ ©ǴȍȌȐȞȐȕșȒȐȍ ȕȈȕȖȉȐȖȚȍȝȕȖȓȖȋȐȐª 07-8 ɉɊɂɆȿɇȿɇɂȿ ɋȺɅɂȼȺȾɂȺȽɇɈɋɌɂɄɂ ȼ ɂȾȿɇɌɂɎɂɄȺɐɂɂ ɁȺȻɈɅȿȼȺɇɂɃ ɅɈɊ ɈɊȽȺɇɈȼ Ɂ ɉ ɉɪɭɞɧɢɤɨɜɚ ȿ Ⱥ Ɂɚɣɰɟɜɚ Ɉ ɂ ɒɭɛɢɧɚ ɇɚɭɱɧɵɣ ɪɭɤɨɜɨɞɢɬɟɥɶ ± ɞ ɦ ɧ ɩɪɨɮ ɇ Ɏ Ʉɚɦɚɤɢɧ Ʉɢɪɨɜɫɤɚɹ ɝɨɫɭɞɚɪɫɬɜɟɧɧɚɹ ɦɟɞɢɰɢɧɫɤɚɹ ɚɤɚɞɟɦɢɹ Ɋɨɫɫɢɹ

07-9 ɉɈɌȿɇɐɂȺɅɖɇȺə ɌɈɄɋɂɑɇɈɋɌɖ ɁɈɅɈɌɕɏ ɇȺɇɈɑȺɋɌɂɐ ɉɊɂ ɉȺɊȿɇɌȿɊȺɅɖɇɈɆ ȼȼȿȾȿɇɂɂ ɇ Ⱥ ɐɵɝɚɧɨɜɚ ɇɚɭɱɧɵɟ ɪɭɤɨɜɨɞɢɬɟɥɢ ± ɞ ɦ ɧ ɩɪɨɮ Ɋ Ɇ ɏɚɣɪɭɥɥɢɧ ɞ ɛ ɧ Ƚ ɋ Ɍɟɪɟɧɬɸɤ ɍɥɶɹɧɨɜɫɤɢɣ ɝɨɫɭɞɚɪɫɬɜɟɟɧɵɣ ɭɧɢɜɟɪɫɢɬɟɬ Ɋɨɫɫɢɹ

Ȼɨɥɶɲɢɧɫɬɜɨ ɥɚɛɨɪɚɬɨɪɧɵɯ ɦɟɬɨɞɢɤ ɜ ɧɚɫɬɨɹɳɟɟ ɜɪɟɦɹ ɨɬɧɨɫɹɬɫɹ ɤ ɢɧɜɚɡɢɜɧɵɦ ɱɬɨ ɧɟ ɬɨɥɶɤɨ ɫɨɩɪɹɠɟɧɨ ɫ ɜɨɡɦɨɠɧɨɫɬɶɸ ɡɚɪɚɠɟɧɢɹ ɩɚɰɢɟɧɬɚ ɧɨ ɢ ɫ ɩɪɢɜɥɟɱɟɧɢɟɦ ɞɨɩɨɥɧɢɬɟɥɶɧɵɯ ɤɚɞɪɨɜ ɢ ɭɜɟɥɢɱɟɧɢɟɦ ɡɚɬɪɚɬ ɢ ɬɪɟɛɭɟɦɨɝɨ ɞɥɹ ɚɧɚɥɢɡɚ ɜɪɟɦɟɧɢ ɉɨɷɬɨɦɭ ɜɨɡɧɢɤɥɚ ɧɟɨɛɯɨɞɢɦɨɫɬɶ ɚɩɪɨɛɚɰɢɢ ɧɨɜɨɝɨ ɩɨɞɯɨɞɚ ɤ ɞɢɚɝɧɨɫɬɢɤɟ ɧɟɤɨɬɨɪɵɯ ɡɚɛɨɥɟɜɚɧɢɣ ɜ ɡɚɜɢɫɢɦɨɫɬɢ ɨɬ ɫɬɟɩɟɧɢ ɜɨɜɥɟɱɟɧɢɹ ɫɥɸɧɨɨɬɞɟɥɢɬɟɥɶɧɵɯ ɪɟɚɤɰɢɣ ɜ ɩɚɬɨɥɨɝɢɱɟɫɤɢɣ ɩɪɨɰɟɫɫ Ɇɟɬɨɞɢɤɚ ɨɫɧɨɜɚɧɚ ɧɚ ɤɥɚɫɫɢɱɟɫɤɨɣ ɤɪɢɫɬɚɥɥɨɫɤɨɩɢɢ ȼ ɡɚɞɚɱɢ ɪɚɛɨɬɵ ɜɯɨɞɢɥɢ ɫɪɚɜɧɟɧɢɟ ɩɨɥɭɱɟɧɧɵɯ ɩɪɢ ɤɪɢɫɬɚɥɥɨɫɤɨɩɢɢ ɞɚɧɧɵɯ ɭ ɥɸɞɟɣ ɫ ɱɚɫɬɨ ɜɫɬɪɟɱɚɸɳɢɦɢɫɹ ɡɚɛɨɥɟɜɚɧɢɹɦɢ ɩɪɨɫɦɨɬɪ ɦɢɤɪɨɫɤɨɩɢɱɟɫɤɢ ɜɵɹɜɥɹɟɦɵɯ ɢɡɦɟɧɟɧɢɣ ɤɪɢɫɬɚɥɥɨɜ ɉɪɢ ɢɫɫɥɟɞɨɜɚɧɢɢ ɮɚɰɢɣ ɫɥɸɧɵ ɩɪɢ ɜɨɫɩɚɥɢɬɟɥɶɧɵɯ ɅɈɊ ± ɡɚɛɨɥɟɜɚɧɢɹɯ ɛɚɤɬɟɪɢɚɥɶɧɨɣ ɩɪɢɪɨɞɵ ɧɚɩɪɢɦɟɪ ɩɪɢ ɬɨɧɡɢɥɥɢɬɟ ɜɵɡɜɚɧɧɨɦ 6WDSK\ORFRFFXVDXUHXV ɭɱɢɬɵɜɚɥɢɫɶ ɜɥɢɹɧɢɹ ɧɚ ɤɚɪɬɢɧɭ ɜɵɫɭɲɟɧɧɨɣ ɤɚɩɥɢ ɧɟ ɬɨɥɶɤɨ ɢɡɦɟɧɟɧɢɹ ɜ ɪɚɛɨɬɟ ɢɦɦɭɧɧɨɣ ɫɢɫɬɟɦɵ ɧɨ ɢ ɛɚɤɬɟɪɢɣ ɢ ɩɪɨɞɭɤɬɨɜ ɢɯ ɦɟɬɚɛɨɥɢɡɦɚ ȼ ɪɟɡɭɥɶɬɚɬɟ ɢɫɫɥɟɞɨɜɚɧɢɣ ɨɛɪɚɡɰɨɜ ɮɚɰɢɣ ɫɥɸɧɵ ɜɵɹɜɥɟɧɵ ɫɥɟɞɭɸɳɢɟ ɚɧɨɦɚɥɢɢ ɜ ɤɪɢɫɬɚɥɥɢɱɟɫɤɢɯ ɩɚɬɬɟɪɧɚɯ ©ɧɚɥɢɩɚɧɢɟª ɧɚ ɨɫɧɨɜɧɨɣ ɤɪɢɫɬɚɥɥ ©ɯɜɨɳª ɤɪɟɫɬɨɨɛɪɚɡɧɵɯ ɪɚɡɧɨɜɢɞɧɨɫɬɟɣ ɧɚ ɧɟɛɨɥɶɲɢɯ ! ɭɱɚɫɬɤɚɯ ɮɚɰɢɣ ɚ ɚɦɨɪɮɧɵɟ ɫɬɪɭɤɬɭɪɵ ɡɧɚɱɢɬɟɥɶɧɵɯ ɪɚɡɦɟɪɨɜ ± ɫɜɹɡɵɜɚɧɢɟ ɩɪɨɞɭɤɬɨɜ ɦɟɬɚɛɨɥɢɡɦɚ ɤɪɢɫɬɚɥɥɨɝɟɧɧɵɦ ɮɚɤɬɨɪɨɦ ȼ ɡɚɜɢɫɢɦɨɫɬɢ ɨɬ ɜɢɞɚ ɛɚɤɬɟɪɢɣ ɜɵɡɵɜɚɸɳɢɯ ɩɚɬɨɥɨɝɢɱɟɫɤɢɣ ɩɪɨɰɟɫɫ ɢ ɨɫɨɛɟɧɧɨɫɬɟɣ ɬɟɱɟɧɢɹ ɡɚɛɨɥɟɜɚɧɢɹ ɭ ɤɨɧɤɪɟɬɧɨɝɨ ɛɨɥɶɧɨɝɨ ɦɨɠɧɨ ɧɚɛɥɸɞɚɬɶ ɪɚɡɥɢɱɢɹ ɜ ɫɬɪɭɤɬɭɪɟ ɮɚɰɢɢ Ɍɚɤɢɦ ɨɛɪɚɡɨɦ ɦɨɪɮɨɥɨɝɢɱɟɫɤɢɟ ɦɚɪɤɟɪɵ ɜɵɹɜɥɹɟɦɵɟ ɜ ɫɬɪɭɤɬɭɪɚɯ ɬɜɟɪɞɨɣ ɮɚɡɵ ɫɥɸɧɵ ɹɜɥɹɸɬɫɹ ɨɛɴɟɤɬɢɜɧɵɦɢ ɢɧɞɢɤɚɬɨɪɚɦɢ ɧɚɥɢɱɢɹ ɩɚɬɨɥɨɝɢɱɟɫɤɢɯ ɩɪɨɰɟɫɫɨɜ ɜ ɫɨɨɬɜɟɬɫɬɜɭɸɳɢɯ ɫɢɫɬɟɦɚɯ ɨɪɝɚɧɢɡɦɚ ɱɟɥɨɜɟɤɚ ɢ ɦɨɝɭɬ ɛɵɬɶ ɢɫɩɨɥɶɡɨɜɚɧɵ ɜ ɞɢɚɝɧɨɫɬɢɤɟ ɡɚɛɨɥɟɜɚɧɢɣ

ɐɟɥɶ ɢɫɫɥɟɞɨɜɚɧɢɹ ± ɭɫɬɚɧɨɜɢɬɶ ɩɨɬɟɧɰɢɚɥɶɧɭɸ ɬɨɤɫɢɱɧɨɫɬɶ ɡɨɥɨɬɵɯ ɧɚɧɨɱɚɫɬɢɰ ɩɪɢ ɩɚɪɟɧɬɟɪɚɥɶɧɨɦ ɜɜɟɞɟɧɢɢ Ⱦɥɹ ɷɬɨɝɨ ɢɡɭɱɚɥɢ ɛɢɨɪɚɫɩɪɟɞɟɥɟɧɢɟ ɧɚɤɨɩɥɟɧɢɟ ɧɚɧɨɱɚɫɬɢɰ ɇɑ ɜ ɬɤɚɧɹɯ ɚ ɬɚɤɠɟ ɜɨɡɧɢɤɲɢɟ ɩɚɬɨɦɨɪɮɨɥɨɝɢɱɟɫɤɢɟ ɢɡɦɟɧɟɧɢɹ ɜ ɨɪɝɚɧɚɯ ɗɤɫɩɟɪɢɦɟɧɬ ɩɪɨɜɟɞɟɧ ɧɚ ɛɟɥɵɯ ɧɟɥɢɧɟɣɧɵɯ ɤɪɵɫɚɯ ɀɢɜɨɬɧɵɦ ɪɚɡɞɟɥɟɧɧɵɦ ɧɚ ɝɪɭɩɩ ɩɨ ɤɪɵɫ ɜ ɤɚɠɞɨɣ ɜɧɭɬɪɢɜɟɧɧɨ ɜɜɨɞɢɥɢ ɪɚɫɬɜɨɪɵ ɤɨɥɥɨɢɞɧɨɝɨ ɡɨɥɨɬɚ .= ɧɚɧɨɤɟɣɞɠɟɣ 1ɋ ɧɚɧɨɫɬɟɪɠɧɟɣ 15 ɫ ɤɨɧɰɟɧɬɪɚɰɢɟɣ ɡɨɥɨɬɚ ɦɤɝ ɦɥ ɜ ɨɛɴɺɦɟ ɦɥ ɤɝ ɦɚɫɫɵ ɠɢɜɨɬɧɨɝɨ Ƚɪɭɩɩɟ ɤɨɧɬɪɨɥɶɧɵɯ ɠɢɜɨɬɧɵɯ ɜɜɨɞɢɥɢ ɮɢɡɢɨɥɨɝɢɱɟɫɤɢɣ ɪɚɫɬɜɨɪ ɜ ɨɛɴɺɦɟ ɦɥ ɤɝ ɦɚɫɫɵ ɠɢɜɨɬɧɨɝɨ Ʌɟɬɚɥɶɧɵɯ ɢɫɯɨɞɨɜ ɧɟ ɡɚɮɢɤɫɢɪɨɜɚɧɨ ɇɚ ɫɭɬɤɢ ɠɢɜɨɬɧɵɯ ɜɵɜɨɞɢɥɢ ɢɡ ɷɤɫɩɟɪɢɦɟɧɬɚ Ɇɟɬɨɞɨɦ ɚɬɨɦɧɨ ɚɛɫɨɪɛɰɢɨɧɧɨɣ ɫɩɟɤɬɪɨɫɤɨɩɢɢ ɭɫɬɚɧɨɜɥɟɧɨ ɱɬɨ ɩɨɫɥɟ ɜɧɭɬɪɢɜɟɧɧɨɝɨ ɜɜɟɞɟɧɢɹ ɡɨɥɨɬɵɟ ɇɑ ɜ ɨɫɧɨɜɧɨɦ ɧɚɤɚɩɥɢɜɚɸɬɫɹ ɜ ɩɟɱɟɧɢ ɢ ɫɟɥɟɡɟɧɤɟ ȼ ɝɨɥɨɜɧɨɦ ɦɨɡɝɟ ɩɨɱɤɚɯ ɢ ɥɟɝɤɢɯ ɤɨɧɰɟɧɬɪɚɰɢɹ ɡɨɥɨɬɚ ɫɩɭɫɬɹ ɫɭɬɤɢ ɩɨɫɥɟ ɜɜɟɞɟɧɢɹ ɫɭɫɩɟɧɡɢɢ ɇɑ ɫɨɜɩɚɞɚɟɬ ɫ ɮɨɧɨɜɵɦ ɭɪɨɜɧɟɦ ȼ ɩɟɱɟɧɢ ɠɢɜɨɬɧɵɯ ɩɨɥɭɱɚɜɲɢɯ ɪɚɫɬɜɨɪɵ .= ɧɚɛɥɸɞɚɟɬɫɹ ɡɟɪɧɢɫɬɨɫɬɶ ɰɢɬɨɩɥɚɡɦɵ ɝɟɩɚɬɨɰɢɬɨɜ ɨɬɦɟɱɚɸɬɫɹ ɩɟɧɧɵɟ ɤɥɟɬɤɢ ɫ ɮɪɚɝɦɟɧɬɢɪɨɜɚɧɧɵɦɢ ɹɞɪɚɦɢ ȼ ɩɨɱɤɚɯ ɧɚɛɥɸɞɚɸɬɫɹ ɨɱɚɝɢ ɪɚɡɪɭɲɟɧɢɹ ɨɬɞɟɥɶɧɵɯ ɝɪɭɩɩ ɢɡɜɢɬɵɯ ɤɚɧɚɥɶɰɟɜ ɹɞɪɚ ɤɥɟɬɨɤ ɜ ɷɬɢɯ ɭɱɚɫɬɤɚɯ ɩɢɤɧɨɬɢɱɧɵ ɢɥɢ ɧɟ ɨɩɪɟɞɟɥɹɸɬɫɹ ɉɨɫɥɟ ɜɜɟɞɟɧɢɹ ɪɚɫɬɜɨɪɚ 1& ɨɬɦɟɱɚɸɬɫɹ ɩɨɥɧɨɤɪɨɜɢɟ ɫɨɫɭɞɨɜ ɜɚɤɭɨɥɢɡɚɰɢɹ ɢ ɤɚɪɢɨɥɢɡɢɫ ɝɟɩɚɬɨɰɢɬɨɜ ȼ ɤɨɪɤɨɜɨɦ ɫɥɨɟ ɩɨɱɟɤ ɨɬɦɟɱɚɸɬɫɹ ɝɪɭɩɩɵ ɢɡɜɢɬɵɯ ɤɚɧɚɥɶɰɟɜ ɫ ɝɢɩɨɯɪɨɦɧɨ ɨɤɪɚɲɟɧɧɨɣ ɰɢɬɨɩɥɚɡɦɨɣ ɢ ɤɨɥɥɚɛɢɪɨɜɚɧɢɟ ɩɨɱɟɱɧɵɯ ɤɥɭɛɨɱɤɨɜ ȼɜɟɞɟɧɢɟ ɪɚɫɬɜɨɪɚ 15 ɨɛɭɫɥɨɜɥɢɜɚɟɬ ɩɨɥɧɨɤɪɨɜɢɟ ɫɨɫɭɞɨɜ ɢ ɰɢɬɨɥɢɡ ɨɬɞɟɥɶɧɵɯ ɧɟɣɪɨɰɢɬɨɜ ɝɨɥɨɜɧɨɝɨ ɦɨɡɝɚ ɛɟɥɵɯ ɤɪɵɫ ȼ ɩɟɱɟɧɢ ɷɬɢɯ ɠɢɜɨɬɧɵɯ ɧɚɛɥɸɞɚɟɬɫɹ ɞɢɫɤɨɦɩɥɟɤɫɚɰɢɹ ɩɟɱɟɧɨɱɧɵɯ ɛɚɥɨɤ ɨɬɞɟɥɶɧɵɟ ɨɱɚɝɢ ɤɪɨɜɨɢɡɥɢɹɧɢɣ ɢ ɥɢɡɢɫ ɹɞɟɪ ɝɟɩɚɬɨɰɢɬɨɜ ȼ ɩɨɱɟɱɧɨɣ ɬɤɚɧɢ ɝɢɩɨɯɪɨɦɧɨɟ ɨɤɪɚɲɢɜɚɧɢɟ ɩɪɨɤɫɢɦɚɥɶɧɵɯ ɢɡɜɢɬɵɯ ɤɚɧɚɥɶɰɟɜ ɢ ɤɨɥɥɚɛɢɪɨɜɚɧɢɟ ɩɨɱɟɱɧɵɯ ɤɥɭɛɨɱɤɨɜ

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07-21 ɉɈɌȿɇɐɂȺɅɖɇɕȿ ȼɈɁɆɈɀɇɈɋɌɂ ɉɊɂɆȿɇȿɇɂə ɇȺɇɈɑȺɋɌɂɐ ɋɅɈɀɇɈȽɈ ɈɄɋɂȾȺ ɀȿɅȿɁȺ ȼ ɄȺɑȿɋɌȼȿ ɄɈɇɌɊȺɋɌɇɈȽɈ ȼȿɓȿɋɌȼȺ ȾɅə ɆɊ ɌɈɆɈȽɊȺɎɂɂ Ʉ Ɇ ɋɬɚɪɨɫɬɢɧ Ⱥ Ƚ Ⱥɤɨɩɞɠɚɧɨɜ ɇɚɭɱɧɵɟ ɪɭɤɨɜɨɞɢɬɟɥɢ ± ɱɥ ɤɨɪ ɊȺɆɇ ɞ ɦ ɧ ɇ Ʌ ɒɢɦɚɧɨɜɫɤɢɣ ɞ ɬ ɧ ɩɪɨɮ ȼ ɘ ɇɚɭɦɟɧɤɨ Ɋɨɫɫɢɣɫɤɢɣ ɝɨɫɭɞɚɪɫɬɜɟɧɧɵɣ ɦɟɞɢɰɢɧɫɤɢɣ ɭɧɢɜɟɪɫɢɬɟɬ ɢɦ ɇ ɂ ɉɢɪɨɝɨɜɚ Ɇɨɫɤɜɚ Ɋɨɫɫɢɹ

07-22 ɈɉɌɂɆɂɁȺɐɂə ɗɄɋɉɊȿɋɋɂɂ ɊȿɄɈɆȻɂɇȺɇɌɇɈȽɈ ɗɄɋɌɊȺɄɅȿɌɈɑɇɈȽɈ ɎɊȺȽɆȿɇɌȺ ȼɌɈɊɈȽɈ ɊȿɐȿɉɌɈɊȺ ɎȺɄɌɈɊȺ ɊɈɋɌȺ ɗɇȾɈɌȿɅɂə ɋɈɋɍȾɈȼ ȼ E. COLI Ⱥ Ⱥ Ʉɨɪɱɚɝɢɧɚ Ⱥ ȼ Ʌɟɨɩɨɥɶɞ ɇɚɭɱɧɵɣ ɪɭɤɨɜɨɞɢɬɟɥɶ ±ɤ ɦ ɧ ɞɨɰ ȼ ɉ Ȼɚɤɥɚɭɲɟɜ Ɋɨɫɫɢɣɫɤɢɣ ɝɨɫɭɞɚɪɫɬɜɟɧɧɵɣ ɦɟɞɢɰɢɧɫɤɢɣ ɭɧɢɜɟɪɫɢɬɟɬ ɢɦ ɇ ɂ ɉɢɪɨɝɨɜɚ Ɇɨɫɤɜɚ Ɋɨɫɫɢɹ

ȼ ɧɚɫɬɨɹɳɟɟ ɜɪɟɦɹ ɚɤɬɢɜɧɨ ɩɪɨɜɨɞɹɬɫɹ ɪɚɛɨɬɵ ɩɨ ɢɡɭɱɟɧɢɸ ɢ ɜɧɟɞɪɟɧɢɸ ɪɚɡɥɢɱɧɵɯ ɦɨɞɢɮɢɤɚɰɢɣ ɫɭɩɟɪɩɚɪɚɦɚɝɧɢɬɧɵɯ ɧɚɧɨɱɚɫɬɢɰ ɫɥɨɠɧɨɝɨ ɨɤɫɢɞɚ ɠɟɥɟɡɚ ɫ ɩɪɢɰɟɥɨɦ ɧɚ ɞɚɥɶɧɟɣɲɟɟ ɢɯ ɢɫɩɨɥɶɡɨɜɚɧɢɟ ɜ ɤɚɱɟɫɬɜɟ ɤɨɧɬɪɚɫɬɧɨɝɨ ɜɟɳɟɫɬɜɚ ɞɥɹ ɆɊ ɬɨɦɨɝɪɚɮɢɢ Ɍɚɤɢɟ ɱɚɫɬɢɰɵ ɢɦɟɸɬ ɹɞɪɨ ɩɪɟɞɫɬɚɜɥɟɧɧɨɟ ɫɭɩɟɪɩɚɪɚɦɚɝɧɢɬɧɵɦ ɤɪɢɫɬɚɥɥɨɦ ɫɥɨɠɧɨɝɨ ɨɤɫɢɞɚ ɠɟɥɟɡɚ ɢ ɨɛɨɥɨɱɤɭ ɧɟɫɭɳɭɸ ɝɥɚɜɧɵɦ ɨɛɪɚɡɨɦ ɡɚɳɢɬɧɭɸ ɢ ɫɬɚɛɢɥɢɡɢɪɭɸɳɭɸ ɮɭɧɤɰɢɢ Ɉɫɧɨɜɧɵɦɢ ɫɩɨɪɧɵɦɢ ɦɨɦɟɧɬɚɦɢ ɜ ɞɚɧɧɨɦ ɜɨɩɪɨɫɟ ɹɜɥɹɸɬɫɹ ɜɵɛɨɪ ɫɩɨɫɨɛɚ ɫɢɧɬɟɡɚ ɧɚɧɨɱɚɫɬɢɰ ɢ ɜɵɛɨɪ ɜɟɳɟɫɬɜɚ ɞɥɹ ɫɨɡɞɚɧɢɹ ɨɛɨɥɨɱɤɢ Ɇɵ ɜɵɛɪɚɥɢ ɞɥɹ ɫɢɧɬɟɡɚ ɪɟɚɤɰɢɸ ɗɥɶɦɨɪɚ ɚ ɜ ɤɚɱɟɫɬɜɟ ɨɛɨɥɨɱɤɢ ɢɫɩɨɥɶɡɨɜɚɥɢ ɥɢɦɨɧɧɭɸ ɤɢɫɥɨɬɭ ɐɟɥɶɸ ɧɚɲɟɣ ɪɚɛɨɬɵ ɹɜɥɹɥɨɫɶ ɩɨɥɭɱɟɧɢɟ ɫɭɩɟɪɩɚɪɚɦɚɝɧɢɬɧɵɯ ɱɚɫɬɢɰ ɫɥɨɠɧɨɝɨ ɨɤɫɢɞɚ ɠɟɥɟɡɚ ɫ ɡɚɞɚɧɧɵɦɢ ɫɜɨɣɫɬɜɚɦɢ ɚ ɢɦɟɧɧɨ ɛɢɨɫɨɜɦɟɫɬɢɦɨɫɬɶ ɫɬɚɛɢɥɶɧɨɫɬɶ ɞɥɢɬɟɥɶɧɨɫɬɶ ɰɢɪɤɭɥɹɰɢɢ ɞɨɫɬɚɬɨɱɧɚɹ ɞɥɹ ɩɪɨɜɟɞɟɧɢɹ ɆɊɌ ɜ ɛɢɨɥɨɝɢɱɟɫɤɨɣ ɫɢɫɬɟɦɟ ɜɵɪɚɠɚɟɦɚɹ ɩɟɪɢɨɞɨɦ ɩɨɥɭɜɵɜɟɞɟɧɢɹ ɢ ɢɯ ɚɩɪɨɛɚɰɢɹ ɜ ɤɚɱɟɫɬɜɟ ɤɨɧɬɪɚɫɬɧɨɝɨ ɜɟɳɟɫɬɜɚ ɞɥɹ ɆɊ ɬɨɦɨɝɪɚɮɢɢ ɇɚɦɢ ɛɵɥɢ ɨɬɪɚɛɨɬɚɧɵ ɪɚɡɥɢɱɧɵɟ ɦɨɞɢɮɢ-

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08-13 ɊȿɁɍɅɖɌȺɌɕ ɏɂɊɍɊȽɂɑȿɋɄɈȽɈ Ʌȿɑȿɇɂə ɂɇɌɊȺɄɊȺɇɂȺɅɖɇɕɏ ȺɊɌȿɊɂȺɅɖɇɕɏ ȺɇȿȼɊɂɁɆ Ʉ ɋ Ɉɜɫɹɧɧɢɤɨɜ Ⱥ ɒɚɥɢɧɞɟɪ Ⱦ Ⱦ Ⱥɪɡɚɦɚɡɰɟɜ ɇ ȼ ɇɚɡɚɪɟɧɤɨ Ⱥ Ⱥ Ʉɨɠɢɱ ɇɚɭɱɧɵɣ ɪɭɤɨɜɨɞɢɬɟɥɶ ± ɞ ɦ ɧ ɩɪɨɮ Ⱦ Ⱥ Ⱦɨɥɠɟɧɤɨ ɇɢɠɟɝɨɪɨɞɫɤɢɣ ɧɚɭɱɧɨ ɢɫɫɥɟɞɨɜɚɬɟɥɶɫɤɢɣ ɢɧɫɬɢɬɭɬ ɬɪɚɜɦɚɬɨɥɨɝɢɢ ɢ ɨɪɬɨɩɟɞɢɢ Ɋɨɫɫɢɹ

ɉɪɢɱɢɧɨɣ ɩɟɪɜɢɱɧɵɯ ɧɟɬɪɚɜɦɚɬɢɱɟɫɤɢɯ ɜɧɭɬɪɢɦɨɡɝɨɜɵɯ ɤɪɨɜɨɢɡɥɢɹɧɢɣ ɜ ɨɫɧɨɜɧɨɦ ɹɜɥɹɟɬɫɹ ɚɪɬɟɪɢɚɥɶɧɚɹ ɝɢɩɟɪɬɟɧɡɢɹ Ɂɚ ɝ ɜ ɪɟɝɢɨɧɚɥɶɧɨɦ ɫɨɫɭɞɢɫɬɨɦ ɰɟɧɬɪɟ ȽɍɁ Ʉɪɚɟɜɚɹ

ȽɍɁ Ʉɪɚɟɜɚɹ ɤɥɢɧɢɱɟɫɤɚɹ ɛɨɥɶɧɢɰɚ ɝ Ȼɚɪɧɚɭɥ ɹɜɥɹɟɬɫɹ ɨɞɧɨɣ ɢɡ ɤɥɢɧɢɱɟɫɤɢɯ ɛɚɡ Ʉɥɢɧɢɤɢ ɧɟɣɪɨɯɢɪɭɪɝɢɢ ɇɇɂɂɌɈ ɝ ɇɨɜɨɫɢɛɢɪɫɤ ɐɟɥɶ ɢɫɫɥɟɞɨɜɚɧɢɹ ɩɪɨɚɧɚɥɢɡɢɪɨɜɚɬɶ ɪɟ-


ǹȍȒȞȐȧ «ǵȍȊȘȖȓȖȋȐȧ Ȑ ȕȍȑȘȖȝȐȘțȘȋȐȧ» ɡɭɥɶɬɚɬɵ ɯɢɪɭɪɝɢɱɟɫɤɨɝɨ ɥɟɱɟɧɢɹ ɛɨɥɶɧɵɯ ɫ ɦɟɲɨɬɱɚɬɵɦɢ ɚɧɟɜɪɢɡɦɚɦɢ ɫɨɫɭɞɨɜ ɝɨɥɨɜɧɨɝɨ ɦɨɡɝɚ ɆȺɋȽɆ ȼ ɧɟɣɪɨɯɢɪɭɪɝɢɱɟɫɤɨɦ ɨɬɞɟɥɟɧɢɢ Ʉɪɚɟɜɨɣ ɤɥɢɧɢɱɟɫɤɨɣ ɛɨɥɶɧɢɰɵ ɡɚ ɝ ɛɵɥɨɨɩɟɪɢɪɨɜɚɧɨ ɛɨɥɶɧɵɯ ɫ ɆȺɋȽɆ ɩɪɨɹɜɢɜɲɢɦɢɫɹ ɜɧɭɬɪɢɱɟɪɟɩɧɵɦɢ ɤɪɨɜɨɢɡɥɢɹɧɢɹɦɢ ɜ ɨɫɬɪɟɣɲɟɦ ɞɨ ɯ ɫɭɬɨɤ ɨɫɬɪɨɦ ɨɬ ɯ ɞɨ ɞɧɟɣ ɢ ɜɨɫɫɬɚɧɨɜɢɬɟɥɶɧɨɦ ɨɬ ɞɧɹ ɢ ɛɨɥɟɟ ɩɟɪɢɨɞɚɯ ɉɪɟɨɛɥɚɞɚɸɳɟɟ ɱɢɫɥɨ ɚɧɟɜɪɢɡɦ ɩɪɢɯɨɞɢɥɨɫɶ ɧɚ ȼɢɥɥɢɡɢɟɜ ɤɪɭɝ ɉɪɟɨɛɥɚɞɚɥɢ ɚɧɟɜɪɢɡɦɵ ɪɚɡɦɟɪɨɦ ɦɦ ȼ ɩɨɥɨɜɢɧɟ ɫɥɭɱɚɟɜ ɥɨɤɚɥɢɡɚɰɢɹ ɚɧɟɜɪɢɡɦ ± ɩɟɪɟɞɧɹɹ ɦɨɡɝɨɜɚɹ ɩɟɪɟɞɧɹɹ ɫɨɟɞɢɧɢɬɟɥɶɧɚɹ ɚɪɬɟɪɢɢ Ȼɨɥɶɧɵɟ ɛɵɥɢ ɩɪɨɨɩɟɪɢɪɨɜɚɧɵ ɱɚɳɟ ɜ ɫɪɨɤ ɞɨ ɫɭɬɨɤ ɉɪɢ ɧɚɥɢɱɢɢ ɜɧɭɬɪɢɦɨɡɝɨɜɨɣ ɝɟɦɚɬɨɦɵ ɩɪɨɜɨɞɢɥɨɫɶ ɤɥɢɩɢɪɨɜɚɧɢɟ ɚɧɟɜɪɢɡɦ ɫ ɭɞɚɥɟɧɢɟɦ ɝɟɦɚɬɨɦɵ ɫɥɭɱɚɟɜ ɍ ɛɨɥɶɧɵɯ ɛɵɥɚ ɩɪɨɜɟɞɟɧɚ ɷɧɞɨɜɚɫɤɭɥɹɪɧɚɹ ɨɤɤɥɸɡɢɹ ɩɨɥɨɫɬɢ ɚɧɟɜɪɢɡɦɵ ɫ ɩɨɦɨɳɶɸ ɦɢɤɪɨɫɩɢɪɚɥɟɣ ȼ ɟɞɢɧɢɱɧɵɯ ɫɥɭɱɚɹɯ ɩɪɢɦɟɧɹɥɢ ɭɤɪɟɩɥɟɧɢɟ ɫɬɟɧɤɢ ɚɧɟɜɪɢɡɦɵ ɷɧɞɨɜɚɫɤɭɥɹɪɧɭɸ ɨɤɤɥɸɡɢɸ ɩɨɥɨɫɬɢ ɚɧɟɜɪɢɡɦɵ ɫ ɩɨɦɨɳɶɸ ɦɢɤɪɨɫɩɢɪɚɥɢ ɫ ɩɨɫɥɟɞɭɸɳɢɦ ɨɬɤɪɵɬɵɦ ɭɞɚɥɟɧɢɟɦ ɝɟɦɚɬɨɦɵ ɜɟɧɬɪɢɤɭɥɹɪɧɨɟ ɞɪɟɧɢɪɨɜɚɧɢɟ ɫ ɩɨɫɥɟɞɭɸɳɢɦ ɤɥɢɩɢɪɨɜɚɧɢɟɦ ɚɧɟɜɪɢɡɦɵ Ɋɟɡɭɥɶɬɚɬɵ ɛɵɥɢ ɨɰɟɧɟɧɵ ɩɨ ɲɤɚɥɟ ɢɫɯɨɞɨɜ Ƚɥɚɡɝɨ *26 *ODVJRZRXWFRPHVFDOH Ɉɬɥɢɱɧɵɣ ɪɟɡɭɥɶɬɚɬ ɛɵɥ ɭɫɬɚɧɨɜɥɟɧ ɭ ɛɨɥɶɧɵɯ ɍ ɛɨɥɶɧɵɯ ɩɨɫɥɟ ɨɩɟɪɚɬɢɜɧɨɝɨ ɥɟɱɟɧɢɹ ɫɨɯɪɚɧɹɥɫɹ ɧɟɜɪɨɥɨɝɢɱɟɫɤɢɣ ɞɟɮɢɰɢɬ ɩɪɢɜɨɞɹɳɢɣ ɤ ɧɚɪɭɲɟɧɢɸ ɤɚɱɟɫɬɜɚ ɠɢɡɧɢ ɍɦɟɪɥɨ ɛɨɥɶɧɵɯ Ɉɫɧɨɜɧɵɦ ɨɫɥɨɠɧɟɧɢɟɦ ɩɨɫɥɟɨɩɟɪɚɰɢɨɧɧɨɝɨ ɩɟɪɢɨɞɚ ɩɪɢɜɨɞɹɳɢɦ ɤ ɥɟɬɚɥɶɧɨɦɭ ɢɫɯɨɞɭ ɛɵɥ ɨɬɟɤ ɝɨɥɨɜɧɨɝɨ ɦɨɡɝɚ ɂɡ ɫɨɦɚɬɢɱɟɫɤɢɯ ɨɫɥɨɠɧɟɧɢɣ ɭ ɨɞɧɨɝɨ ɛɨɥɶɧɨɝɨ ɬɪɨɦɛɨɷɦɛɨɥɢɹ ɥɟɝɨɱɧɨɣ ɚɪɬɟɪɢɢ

Ɋɟɡɭɥɶɬɚɬɵ ɉɨ ɪɟɡɭɥɶɬɚɬɚɦ ɩɪɨɜɟɞɟɧɧɨɝɨ ɫɤɪɢɧɢɧɝ ± ɢɫɫɥɟɞɨɜɚɧɢɹ ɩɚɰɢɟɧɬɵ ɛɵɥɢ ɪɚɡɞɟɥɟɧɵ ɧɚ ɝɪɭɩɩɵ ɝɪɭɩɩɚ ± ɫ ɥɟɝɤɢɦɢ ɤɨɝɧɢɬɢɜɧɵɦɢ ɧɚɪɭɲɟɧɢɹɦɢ ɝɪɭɩɩɚ ± ɫ ɧɚɪɭɲɟɧɢɹɦɢ ɫɪɟɞɧɟɣ ɫɬɟɩɟɧɢ ɢ ɝɪɭɩɩɚ ± ɫ ɬɹɠɟɥɵɦɢ ɤɨɝɧɢɬɢɜɧɵɦɢ ɧɚɪɭɲɟɧɢɹɦɢ Ʌɟɝɤɢɟ ɧɚɪɭɲɟɧɢɹ ɜɵɫɲɢɯ ɤɨɪɤɨɜɵɯ ɮɭɧɤɰɢɣ ɜɵɹɜɥɟɧɵ ɜ ɧɚɪɭɲɟɧɢɹ ɫɪɟɞɧɟɣ ɫɬɟɩɟɧɢ ɬɹɠɟɫɬɢ ɜ ɬɹɠɟɥɵɟ ± ɜ ȼ ɣ ɝɪɭɩɩɟ ɥɟɝɤɢɟ ɤɨɝɧɢɬɢɜɧɵɟ ɧɚɪɭɲɟɧɢɹ ɱɟɥ ɢɫɫɥɟɞɨɜɚɧɢɟ ɤɨɧɰɟɧɬɪɚɰɢɢ ɜɧɢɦɚɧɢɹ ɜɵɹɜɢɥɨ ɫɧɢɠɟɧɢɟ ɜ ɫɥɭɱɚɟɜ ɫɧɢɠɟɧɢɟ ɨɛɴɟɦɚ ɡɪɢɬɟɥɶɧɨɣ ɩɚɦɹɬɢ ɜ ɫɥɭɯɨɪɟɱɟɜɨɣ ± ɜ ɉɪɢ ɬɳɚɬɟɥɶɧɨɦ ɨɩɪɨɫɟ ɛɨɥɶɧɵɯ ɨɬɦɟɱɚɥɢɫɶ ɠɚɥɨɛɵ ɧɚ ɫɧɢɠɟɧɢɟ ɨɛɴɟɦɚ ɩɚɦɹɬɢ ɡɚɬɪɭɞɧɟɧɢɹ ɜ ɩɟɪɟɤɥɸɱɟɧɢɢ ɜɧɢɦɚɧɢɹ ȼɨ ɣ ɝɪɭɩɩɟ ɫɪɟɞɧɢɟ ɤɨɝɧɢɬɢɜɧɵɟ ɧɚɪɭɲɟɧɢɹ ɱɟɥ ɢɫɫɥɟɞɨɜɚɧɢɟ ɤɨɧɰɟɧɬɪɚɰɢɢ ɜɧɢɦɚɧɢɹ ɜɵɹɜɢɥɨ ɫɧɢɠɟɧɢɟ ɜ ɫɥɭɱɚɟɜ ɫɧɢɠɟɧɢɟ ɨɛɴɟɦɚ ɡɪɢɬɟɥɶɧɨɣ ɩɚɦɹɬɢ ɜ ɫɥɭɯɨɪɟɱɟɜɨɣ ± ɜ Ɉɬɦɟɱɟɧɨ ɫɧɢɠɟɧɢɟ ɨɛɴɟɦɚ ɩɚɦɹɬɢ ɭɯɭɞɲɟɧɢɟ ɫɩɨɫɨɛɧɨɫɬɢ ɤ ɚɧɚɥɢɡɭ ȼ ɣ ɝɪɭɩɩɟ ɬɹɠɟɥɵɟ ɤɨɝɧɢɬɢɜɧɵɟ ɧɚɪɭɲɟɧɢɹ ɱɟɥ ɢɫɫɥɟɞɨɜɚɧɢɟ ɤɨɧɰɟɧɬɪɚɰɢɢ ɜɧɢɦɚɧɢɹ ɜɵɹɜɢɥɨ ɫɧɢɠɟɧɢɟ ɜ ɫɥɭɱɚɟɜ ɫɧɢɠɟɧɢɟ ɨɛɴɟɦɚ ɡɪɢɬɟɥɶɧɨɣ ɩɚɦɹɬɢ ɜ ɫɥɭɯɨɪɟɱɟɜɨɣ ± ɜ ȼɵɹɜɥɟɧɨ ɪɟɡɤɨɟ ɫɧɢɠɟɧɢɟ ɨɛɴɟɦɚ ɩɚɦɹɬɢ ɧɚɪɭɲɟɧɢɟ ɨɩɟɪɚɬɢɜɧɨɫɬɢ ɦɵɲɥɟɧɢɹ ɛɵɫɬɪɚɹ ɢɫɬɨɳɚɟɦɨɫɬɶ ȼɵɜɨɞɵ ɉɨɥɭɱɟɧɧɵɟ ɪɟɡɭɥɶɬɚɬɵ ɫɜɢɞɟɬɟɥɶɫɬɜɭɸɬ ɨ ɪɚɧɧɢɯ ɢ ɫɬɨɣɤɢɯ ɢɡɦɟɧɟɧɢɹɯ ɜɵɫɲɢɯ ɤɨɪɤɨɜɵɯ ɮɭɧɤɰɢɣ &ɭɳɟɫɬɜɭɟɬɧɟɨɛɯɨɞɢɦɨɫɬɶ ɪɚɧɧɟɝɨ ɜɵɹɜɥɟɧɢɹ ɢ ɨɰɟɧɤɢ ɪɚɡɥɢɱɧɨɣ ɫɬɟɩɟɧɢ ɧɚɪɭɲɟɧɢɣ ɜɵɫɲɢɯ ɤɨɪɤɨɜɵɯ ɮɭɧɤɰɢɣ ɜ ɨɫɬɪɨɦ ɩɟɪɢɨɞɟ ɢɧɫɭɥɶɬɚ ɩɪɢɦɟɧɟɧɢɟ ɩɪɟɜɟɧɬɢɜɧɨ ɬɟɪɚɩɟɜɬɢɱɟɫɤɢɯ ɩɪɨɝɪɚɦɦ ɩɨ ɩɪɟɞɭɩɪɟɠɞɟɧɢɸ ɮɨɪɦɢɪɨɜɚɧɢɹ ɢ ɩɪɨɝɪɟɫɫɢɪɨɜɚɧɢɹ ɞɚɧɧɵɯ ɧɚɪɭɲɟɧɢɣ

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ǹȍȒȞȐȧ «ǵȍȊȘȖȓȖȋȐȧ Ȑ ȕȍȑȘȖȝȐȘțȘȋȐȧ» ɇɚɭɱɧɵɣ ɪɭɤɨɜɨɞɢɬɟɥɶ ± ɤ ɦ ɧ Ⱥ ȼ ɉɚɜɥɨɜ Ɋɹɡɚɧɫɤɢɣ ɝɨɫɭɞɚɪɫɬɜɟɧɧɵɣ ɦɟɞɢɰɢɧɫɤɢɣ ɭɧɢɜɟɪɫɢɬɟɬ Ɋɨɫɫɢɹ

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ȼɥɢɹɧɢɟ ɷɬɢɥɨɜɨɝɨ ɫɩɢɪɬɚ ɢ ɟɝɨ ɝɨɦɨɥɨɝɨɜ ɧɚ ɫɢɫɬɟɦɵ ɨɪɝɚɧɢɡɦɚ ɢ ɨɬɞɟɥɶɧɵɟ ɨɪɝɚɧɵ ɩɪɟɞɫɬɚɜɥɹɸɬ ɫɨɛɨɣ ɨɞɧɨ ɢɡ ɩɪɢɨɪɢɬɟɬɧɵɯ ɧɚɩɪɚɜɥɟɧɢɣ ɫɨɜɪɟɦɟɧɧɨɣ ɦɟɞɢɰɢɧɵ ȼ ɧɚɫɬɨɹɳɟɣ ɪɚɛɨɬɟɩɪɟɞɫɬɚɜɥɟɧɵ ɪɟɡɭɥɶɬɚɬɵ ɦɨɪɮɨɦɟɬɪɢɱɟɫɤɨɝɨ ɢɫɫɥɟɞɨɜɚɧɢɹ ɩɚɪɚɦɟɬɪɨɜ ɧɟɣɪɨ ɝɥɢɨ ɫɨɫɭɞɢɫɬɵɯ ɚɧɫɚɦɛɥɟɣ ɦɟɞɢɚɥɶɧɵɯ ɹɞɟɪ ɫɨɫɰɟɜɢɞɧɵɯ ɬɟɥ ɝɨɥɨɜɧɨɝɨ ɦɨɡɝɚ ɥɸɞɟɣ ɦɭɠɫɤɨɝɨ ɩɨɥɚ ɜ ɜɨɡɪɚɫɬɟ ɨɬ ɞɨ ɥɟɬ ɫɦɟɪɬɶ ɤɨɬɨɪɵɯ ɧɚɫɬɭɩɢɥɚ ɜ ɪɟɡɭɥɶɬɚɬɟ ɨɬɪɚɜɥɟɧɢɹ ɝɨɦɨɥɨɝɚɦɢ ɷɬɢɥɨɜɨɝɨ ɫɩɢɪɬɚ Ɋɚɛɨɬɚ ɜɵɩɨɥɧɟɧɚ ɧɚ ɝɢɫɬɨɥɨɝɢɱɟɫɤɢɯ ɩɪɟɩɚɪɚɬɚɯ ɫɨɫɰɟɜɢɞɧɵɯ ɬɟɥ ɝɨɥɨɜɧɨɝɨ ɦɨɡɝɚ ɥɸɞɟɣ ɦɭɠɫɤɨɝɨ ɩɨɥɚ ɜ ɜɨɡɪɚɫɬɟ ɨɬ ɞɨ ɥɟɬ ɫɦɟɪɬɶ ɤɨɬɨɪɵɯ ɧɚɫɬɭɩɢɥɚ ɜ ɪɟɡɭɥɶɬɚɬɟ ɨɬɪɚɜɥɟɧɢɹ ɝɨɦɨɥɨɝɚɦɢ ɷɬɢɥɨɜɨɝɨ ɫɩɢɪɬɚ ɩɨɥɭɱɟɧɧɵɯ ɜɨ ɜɪɟɦɹ ɚɭɬɨɩɫɢɣ Ⱦɚɧɧɵɟ ɫɪɚɜɧɢɜɚɥɢɫɶ ɫ ɪɟɡɭɥɶɬɚɬɚɦɢ ɢɫɫɥɟɞɨɜɚɧɢɣ ɚɭɬɨɩɫɢɣɧɨɝɨ ɦɚɬɟɪɢɚɥɚ ɥɢɰ ɩɨɝɢɛɲɢɯ ɜ ɪɟɡɭɥɶɬɚɬɟ ɩɪɢɱɢɧ ɧɟ ɫɜɹɡɚɧɧɵɯ ɫ ɚɥɤɨɝɨɥɶɧɨɣ ɢɧɬɨɤɫɢɤɚɰɢɟɣ ɂɡɝɨɬɚɜɥɢɜɚɥɢɫɶ ɫɟɪɢɢ ɫɪɟɡɨɜ ɜɨ ɮɪɨɧɬɚɥɶɧɨɦ ɧɚɩɪɚɜɥɟɧɢɢ ɢ ɨɤɪɚɲɢɜɚɥɢɫɶɝɟɦɚɬɨɤɫɢɥɢɧ ɷɨɡɢɧɨɦ ɬɨɥɭɢɞɢɧɨɜɵɦ ɫɢɧɢɦ ɩɨ ɇɢɫɫɥɸ ɜɵɩɨɥɧɹɥɚɫɶ 3$6 ɪɟɚɤɰɢɹ ɫ ɞɨɤɪɚɫɤɨɣ ɬɢɨɧɢɧɨɦ ɋɪɚɜɧɟɧɢɟ ɜɵɛɨɪɨɤ ɩɪɨɜɨɞɢɥɨɫɶ ɩɪɢ ɩɨɦɨɳɢ ɤɪɢɬɟɪɢɹ ɋɬɶɸɞɟɧɬɚ Ɋɟɡɭɥɶɬɚɬɵ ɫɪɚɜɧɟɧɢɣ ɫɱɢɬɚɥɢɫɶ ɞɨɫɬɨɜɟɪɧɵɦɢ ɩɪɢ ɭɪɨɜɧɟ ɡɧɚɱɢɦɨɫɬɢ ɪ ȼ ɪɟɡɭɥɶɬɚɬɟ ɢɫɫɥɟɞɨɜɚɧɢɹ ɜɵɹɜɥɟɧɵ ɫɬɚɬɢɫɬɢɱɟɫɤɢ ɞɨɫɬɨɜɟɪɧɵɟ ɨɬɥɢɱɢɹ ɦɟɠɞɭ ɫɪɚɜɧɢɜɚɟɦɵɦɢ ɝɪɭɩɩɚɦɢ ȼɨɡɞɟɣɫɬɜɢɟ ɚɥɤɨɝɨɥɹ ɩɪɢɜɨɞɢɬ ɤ ɤɨɥɢɱɟɫɬɜɟɧɧɵɦ ɢɡɦɟɧɟɧɢɹɦ ɜ ɫɨɫɰɟɜɢɞɧɵɯ ɬɟɥɚɯ ɭɜɟɥɢɱɢɜɚɟɬɫɹ ɤɨɥɢɱɟɫɬɜɨ ɝɥɢɚɥɶɧɵɯ ɤɥɟɬɨɤ ɧɚ ɝɥɢɚɥɶɧɵɣ ɢɧɞɟɤɫ ɧɚ ɤɨɥɢɱɟɫɬɜɨ ɧɟɣɪɨɧɨɜ ɫ ɥɢɩɨɮɭɫɰɢɧɨɦ ɜ ɪɚɡ ɤɨɥɢɱɟɫɬɜɨ ɤɚɩɢɥɥɹɪɨɜ ɢ ɫɬɟɩɟɧɶ ɜɚɫɤɭɥɹɪɢɡɚɰɢɢ ɧɚɨɛɨɪɨɬ ɭɦɟɧɶɲɢɥɢɫɶ ɧɚ ɢ ɫɨɨɬɜɟɬɫɬɜɟɧɧɨ Ɍɚɤɢɦ ɨɛɪɚɡɨɦ ɧɚɦɢ ɭɫɬɚɧɨɜɥɟɧɵ ɫɬɚɬɢɫɬɢɱɟɫɤɢ ɡɧɚɱɢɦɵɟ ɢɡɦɟɧɟɧɢɹ ɩɚɪɚɦɟɬɪɨɜ ɧɟɣɪɨ ɝɥɢɨ ɫɨɫɭɞɢɫɬɵɯ ɚɧɫɚɦɛɥɟɣɫɨɫɰɟɜɢɞɧɵɯ ɬɟɥ ɩɪɢ ɯɪɨɧɢɱɟɫɤɨɣ ɚɥɤɨɝɨɥɶɧɨɣ ɢɧɬɨɤɫɢɤɚɰɢɢ

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ǪȍșȚȕȐȒ ǸǫǴǻ ǹȗȍȞȐȈȓȤȕȣȑ ȊȣȗțșȒ ȹ 09-9 ɆɈɊɎɈɅɈȽɂə ɗɊɂɌɊɈɐɂɌɈȼ ɂ ɍɊɈȼȿɇɖ ȾɂȿɇɈȼɕɏ ɄɈɇɔɘȽȺɌɈȼ ȼ ɉɅȺɁɆȿ ɍ ɇɈȼɈɊɈɀȾȿɇɇɕɏ ɋ ɋɂɇȾɊɈɆɈɆ ɉɈɅɂɈɊȽȺɇɇɈɃ ɇȿȾɈɋɌȺɌɈɑɇɈɋɌɂ ȿ ɇ ɋɟɪɟɛɪɹɤɨɜɚ ɇ ȼ ɋɢɦɚɤɨɜɚ Ⱥ ȼ Ʉɥɸɤɜɢɧɚ ɇɚɭɱɧɵɣ ɪɭɤɨɜɨɞɢɬɟɥɶ ± ɩɪɨɮ Ⱦ Ʉ ȼɨɥɨɫɧɢɤɨɜ ɑɟɥɹɛɢɧɫɤɚɹ ɝɨɫɭɞɚɪɫɬɜɟɧɧɚɹ ɦɟɞɢɰɢɧɫɤɚɹ ɚɤɚɞɟɦɢɹ Ɋɨɫɫɢɹ ɐɟɥɶ ɧɚɫɬɨɹɳɟɝɨ ɢɫɫɥɟɞɨɜɚɧɢɹ ± ɢɡɭɱɢɬɶ ɦɨɪɮɨɥɨɝɢɸ ɷɪɢ ɬɪɨɰɢɬɨɜ ɢ ɭɪɨɜɟɧɶ ɞɢɟɧɨɜɵɯ ɤɨɧɶɸɝɚɬɨɜ ȾɄ ɜ ɩɥɚɡɦɟ ɭ ɧɨ ɜɨɪɨɠɞɟɧɧɵɯ ɫ ɫɢɧɞɪɨɦɨɦ ɩɨɥɢɨɪɝɚɧɧɨɣ ɧɟɞɨɫɬɚɬɨɱɧɨɫɬɢ ɋɉɈɇ ɜ ɡɚɜɢɫɢɦɨɫɬɢ ɨɬ ɬɹɠɟɫɬɢ ɫɨɫɬɨɹɧɢɹ ȼ ɢɫɫɥɟɞɨɜɚɧɢɟ ɜɤɥɸɱɟɧɨ ɧɨɜɨɪɨɠɞɟɧɧɵɯ ɫɨ ɋɉɈɇ ɩɨɫɬɭɩɢɜɲɢɯ ɜ ɨɬɞɟ ɥɟɧɢɟ ɪɟɚɧɢɦɚɰɢɢ ɢ ɢɧɬɟɧɫɢɜɧɨɣ ɬɟɪɚɩɢɢ ɑɟɥɹɛɢɧɫɤɨɣ ɞɟɬ ɫɤɨɣ ɨɛɥɚɫɬɧɨɣ ɤɥɢɧɢɱɟɫɤɨɣ ɛɨɥɶɧɢɰɵ ɂɫɫɥɟɞɨɜɚɧɢɟ ɩɪɨɜɟ ɞɟɧɨ ɧɚ ɟ ɫɭɬɤɢ ɠɢɡɧɢ ɦɨɪɮɨɥɨɝɢɹ ɷɪɢɬɪɨɰɢɬɨɜ ɢɡɭɱɟɧɚ ɫ ɢɫɩɨɥɶɡɨɜɚɧɢɟɦ ɫɜɟɬɨɜɨɣ ɢɦɦɟɪɫɢɨɧɧɨɣ ɦɢɤɪɨɫɤɨɩɢɢ ɭɪɨ ɜɟɧɶ ȾɄ ɜ ɩɥɚɡɦɟ ɨɩɪɟɞɟɥɹɥɢ ɩɨ ɦɟɬɨɞɭ ȼɨɥɱɟɝɨɪɫɤɨɝɨ ɂ Ⱥ Ɍɹɠɟɫɬɶ ɫɨɫɬɨɹɧɢɹ ɜɤɥɸɱɟɧɧɵɯ ɜ ɢɫɫɥɟɞɨɜɚɧɢɟ ɧɨɜɨ ɪɨɠɞɟɧɧɵɯ ɟɠɟɞɧɟɜɧɨ ɨɰɟɧɢɜɚɥɚɫɶ ɩɨ ɲɤɚɥɟ 1(202' ɇɚ ɨɫɧɨɜɚɧɢɢ ɨɰɟɧɤɢ ɩɨ ɲɤɚɥɟ 1(202' ɧɨɜɨɪɨɠɞɟɧɧɵɟ ɛɵɥɢ ɪɚɡɞɟɥɟɧɵ ɧɚ ɞɜɟ ɝɪɭɩɩɵ ɇɨɜɨɪɨɠɞɟɧɧɵɟ Q ɫ ɦɚɤɫɢɦɚɥɶ ɧɨɣ ɨɰɟɧɤɨɣ ɜ ɪɚɧɧɟɦ ɧɟɨɧɚɬɚɥɶɧɨɦ ɩɟɪɢɨɞɟ ɢ ɛɨɥɟɟ ɛɚɥɥɨɜ ɫɨɫɬɚɜɢɥɢ ɨɫɧɨɜɧɭɸ ɝɪɭɩɩɭ ɇɨɜɨɪɨɠɞɟɧɧɵɟ Q ɫ ɦɚɤɫɢ ɦɚɥɶɧɨɣ ɨɰɟɧɤɨɣ ɜ ɪɚɧɧɟɦ ɧɟɨɧɚɬɚɥɶɧɨɦ ɩɟɪɢɨɞɟ ɢ ɦɟɧɟɟ ɛɚɥɥɨɜ ɫɨɫɬɚɜɢɥɢ ɝɪɭɩɩɭ ɫɪɚɜɧɟɧɢɹ ɝɪɭɩɩɵ ɧɨɜɨɪɨɠɞɟɧɧɵɯ ɫɨɩɨɫɬɚɜɢɦɵ ɩɨ ɝɟɫɬɚɰɢɨɧɧɨɦɭ ɜɨɡɪɚɫɬɭ ɩɨɥɭ ɦɚɫɫɟ ɩɪɢ ɪɨɠ ɞɟɧɢɢ Ʉɨɥɢɱɟɫɬɜɨ ɷɪɢɬɪɨɰɢɬɨɜ ɫ ɚɧɨɦɚɥɶɧɨɣ ɮɨɪɦɨɣ ɭ ɧɨɜɨ ɪɨɠɞɟɧɧɵɯ ɨɫɧɨɜɧɨɣ ɝɪɭɩɩɵ ɫɨɫɬɚɜɢɥɨ Ɇɟ 84 ±/4 ɭ ɧɨɜɨɪɨɠɞɟɧɧɵɯ ɝɪɭɩɩɵ ɫɪɚɜɧɟɧɢɹ ² Ɇɟ 84 ±/4 ɪ ɍɪɨɜɟɧɶ ȾɄ ɭ ɧɨɜɨɪɨɠɞɟɧɧɵɯ ɨɫɧɨɜɧɨɣ ɝɪɭɩɩɵ ɫɨ ɫɬɚɜɢɥ Ɇɟ 84 ±/4 ɭ ɧɨɜɨɪɨɠɞɟɧɧɵɯ ɝɪɭɩ ɩɵ ɫɪɚɜɧɟɧɢɹ Ɇɟ 84 ±/4 ɢɧɞɟɤɫɵ ɨɤɢɫɥɟɧɢɹ ȿ ɢɡɨɩɪɨɩɚɧɨɥɶɧɚɹ ɮɚɡɚ ɪ Ɇɚɤɫɢɦɚɥɶɧɚɹ ɨɰɟɧɤɚ ɩɨ ɲɤɚɥɟ 1(202' ɜ ɪɚɧɧɟɦ ɧɟɨɧɚɬɚɥɶɧɨɦ ɩɟɪɢɨɞɟ ɭ ɜɤɥɸɱɟɧɧɵɯ ɜ ɢɫɫɥɟɞɨɜɚɧɢɟ ɧɨɜɨɪɨɠɞɟɧɧɵɯ ɢɦɟɥɚ ɤɨɪɪɟɥɹ ɰɢɨɧɧɭɸ ɫɜɹɡɶ ɫ ɤɨɥɢɱɟɫɬɜɨɦ ɞɢɫɤɨɰɢɬɨɜ ɤɨɷɮɮ ɋɩɢɪɦɟɧɚ ± ɪ ɭɪɨɜɧɟɦ ȾɄ ɤɨɷɮɮ ɋɩɢɪɦɟɧɚ ɪ Ɍɚɤɢɦ ɨɛɪɚɡɨɦ ɢɧɬɟɧɫɢɜɧɨɫɬɶ ɨɤɢɫɥɢɬɟɥɶɧɨɝɨ ɫɬɪɟɫɫɚ ɮɭɧɤ ɰɢɨɧɚɥɶɧɨɟ ɫɨɫɬɨɹɧɢɟ ɷɪɢɬɪɨɰɢɬɨɜ ɭ ɧɨɜɨɪɨɠɞɟɧɧɵɯ ɨɩɪɟɞɟ ɥɹɸɬ ɬɹɠɟɫɬɶ ɫɨɫɬɨɹɧɢɹ ɋɉɈɇ 0253+2/2*< 2) (5<7+52&<7(6 $1' ',(1( &21-8*$7(6 /(9(/ ,1 3/$60$ ,1 1(:%2516 :,7+ 08/7,3/( 25*$1 '<6)81&7,21 6<1'520( ( 1 6HUHEU\DFRYD 1 9 6\PDFRYD $ 9 &OXFYLQD 6FLHQWL¿F $GYLVRU ± 3URI ' . 9RORVQLFRY &KHO\DELQVN 6WDWH 0HGLFDO $FDGHP\ 5XVVLD 7KH SXUSRVH RI WKH SUHVHQW UHVHDUFK ± WR VWXG\ PRUSKRORJ\ RI HU\WKURF\WHV DQG OHYHO GLHQH FRQMXJDWHV '& LQ SODVPD DW QHZ ERUQV ZLWK D PXOWLSOH RUJDQ G\VIXQFWLRQ V\QGURPH 02'6 GH SHQGLQJ RQ ZHLJKW RI D FRQGLWLRQ QHZERUQV DUH LQFOXGHG LQ UHVHDUFK ZLWK 02'6 DUULYHG LQ EUDQFK RI UHVXVFLWDWLRQ DQG LQWHQ VLYH WKHUDS\ RI WKH &KHO\DELQVN FKLOGUHQ¶V UHJLRQDO FOLQLFDO KRVSL WDO 5HVHDUFK LV VSHQW IRU GD\V RI OLIH WKH PRUSKRORJ\ RI HU\WKUR F\WHV LV VWXGLHG ZLWK XVH RI OLJKW LPPHUVLRQ PLFURVFRS\ '& OHYHO LQ SODVPD GH¿QHG RQ 9ROFKHJRUVN\ , $ ¶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±/4 DW QHZERUQV RI JURXS RI FRPSDULVRQ ± 0H 84 ±/4 ɪ /HYHO RI '& DW QHZERUQV RI WKH EDVLF JURXS KDV PDGH 0H 84 ±/4 DW QHZERUQV RI JURXS RI FRPSDUL VRQ RI 0H 84 ±/4 R[LGDWLRQ LQGH[HV ȿ LVRSURSDQROH SKDVH ɪ 7KH PD[LPXP HVWLPDWLRQ RQ VFDOH 1(202' LQ WKH HDUO\ QHRQDWDO SHULRG DW WKH QHZERUQV LQFOXGHG LQ UHVHDUFK KDG FRUUHODWLRQ FRPPXQLFDWLRQ ZLWK TXDQWLW\ G\VFRF\WHV

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