is it state / market
TRANSCRIPT
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OJKVPMOVO
]c tzc~t`z fl afi`]c hzcx,
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]zol~f}fcl ci Flmfol `nclcev izce
tz`%flm`t`lm`ln` `zo
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Tko~`~ ci Flmfol @nclcevvTz`%ncaclfoa t`zfcm
v
Jzf}f~k ncaclf~o}fclvTc~} Flm`t`lm`ln` fl ?6=8 }c ?66?
vOi}`z Afj`zoafro}fcl! Tzfyo}f~o}fcl )
Hacjoaf~o}fcl
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Flmfol @nclcev J`icz` Jzf}f~k Zpa`
v Flmfo kom }k` xczam(~ aozh`~} nclcev izce }k` ?~}}c ??}k n`l}pzv! olm fl }k` ?;}k n`l}pzv
v >:,6 ~koz` ci xczam HMT fl ?444 OMv :;,6 ~koz` ci xczam HMT fl ?044 OM
v :=,= ~koz` ci xczam HMT fl ?844 OM
^cpzn`2 ]k` Xczam @nclcev2 Kf~}czfnoa }o}f~}fn~! Olhp~ Eommf~cl
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]zom` Iacpzf~k`m
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]zom` Iacpzf~k`m
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@nclcev mpzflh ?9}k N`l}pzvv Ephkoa Flmfo xo~ }k`
~`nclm aozh`~} nclcev
fl }k` xczam,
v ]k` HMT ci Flmfo fl }kf~n`l}pzv xo~ ~}feo}`m o}
ojcp} :=,0 ci }k` xczam`nclcev! fl ncetozf~cl}c Nkflo(~ :0 ~koz`,
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@nclcev mpzflh ?8}k N`l}pzvv ]k` ollpoa z`y`lp` ci
@et`zcz Ogjoz(~ xo~?8,0 efaafcl
v Hz`o} Jzf}ofl fl ?;44!xkfnk }c}oaa`m ?9efaafcl,
v ]k` HMT ci Ephkoa
Flmfo xo~ ~}feo}`m o}ojcp} ::,9 ci }k` xczam`nclcev,
Ogjoz(~ Zcvoa Nkoej`z
^cpzn` feoh` 2k}}t2##xxx,iafngz,nce#tkc}c~#
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@nclcev mpzflh ?;}k N`l}pzvvOllpoa z`y`lp` }k`
@et`zcz Opzolhr`j
`{n``m`m ?44 efaafcl,
v Flmfo e`zh`m o~ }k`xczam(~ aozh`~} nclcev!
icaacx`m jv Nkflo olmX`~}`zl @pzct`
Feoh` cpzn` 2 k}}t2##kf~}czfnoa~ciflmfo,nce#feoh`~#ohzo%icz}%ohzo,bth
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Feton} ci Jzf}f~k Zpa`
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Flmfo j`nce` o }ozh`} eozg`}v Flmfo(~ ncaclf~o}fcl jv
}k` Jzf}f~k ncflnfm`mxf}k eobcz nkolh`~ fl}k` xczam `nclcev,
v Flmp~}zfoaf~o}fcl! olm~fhlfifnol} hzcx}k fltzcmpn}fcl olm }zom`,
v Flmfo kom j`nce`eozg`} icz ~pt`zfcziflf~k`m @pzct`olhccm~,
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Tcafnf`~ ci }k` Jzf}f~k Zobv ]k` nclcefn tcafnf`~ ci
}k` Jzf}f~k Zob `ii`n}fy`av
jolgzpt}`m Flmfo(~ aozh`kolmfnzoi}~ flmp~}zv ,
v Nop~`m o eo~~fy` mzofl
ci Flmfo(~ z`~cpzn`~,
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@lm ci ncaclfoa zpa`v Flmfo(~ ~koz` ci }k` xczam
flnce` i`aa izce ::,9 fl ?844!ncetozoja` }c @pzct`(~ ~koz` ci
:>,>! }c o acx ci >,; fl ?60:,
v Flmp~}zfoa m`y`acte`l} ~}oaa`m
v Ohzfnpa}pz` ploja` }c i``m o
zotfmav hzcxflh tctpao}fcl!
v Acx`~} afi` {t`n}olnf`~! olmacx zo}`~ icz af}`zonv,
^cpzn` 2 Ol ~}feo}` jv Noejzfmh` Plfy`z~f}v kf~}czfol Olhp~ Eommf~cl z`y`oa~
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M`y`acte`l} icz onncetaf~kflh }k`fz }zom` )
`{tacf} }k` Flmfol Eozg`}
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Zofaxov~ ) ] a`hzotk
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Tc~}
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@YCAP]FCL
CI
FLMP^]ZFOA
TCAFNVFL
FLMFO
Oi}`zFlm`t`lm`ln`
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Flm`t`lm`ln` }c ?66?Flm`t`lm`ln` }c ?66?v Fliap`ln`m jv }k` ncaclfoa `{t`zf`ln` xkfnk xo~ ~``l jv
Flmfol a`om`z~ o~ `{tacf}o}fy` fl lo}pz`,
v Tcafnv }`lm`m }cxozm~ tzc}`n}fclf~e,
v Eolv flmp~}zf`~ x`z` lo}fcloafro}fcl fl }k` efm%?604~,
v Afn`ln`~! z`hpao}fcl~ olm }k` onncetolvflh z`m }ot`!
nceeclav z`i`zz`m }c o~ Afn`ln` Zob,
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Ycfn` ci }k` Flmp~}zv
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@{n`zt}~ izce fl}`zyf`x ci Zokpa Jobob }c jp~fl`~~
afl` l`x~tot`z mo}`m ?0}k Ophp~} :448
v Botol! ^cp}k Gcz`o koy`tzc}`n}`m olm m`y`act`m }k`fzflmp~}zv,
v ELN~ x`z` lc} oaacx`m }cfly`~} flBotol! fetcz}~ ciy`kfna`~ xo~ z`~}zfn}`m
v Fetcz} mp}f`~ olm lcl%}ozfiijozzf`z~ x`z` {}`l~fy`,
v Cpz tcafnv mpzflh }k` ?604~ olm?694~ xo~ nczz`n},
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@{n`zt}~ izce fl}`zyf`x ci Zokpa Jobob
Hacjoaav Ncet`}f}fy`
v Zf~g`m j`nceflh ol nclcevxkfnk kom ncetolf`~ xf}k~nz`xmzfy`z ct`zo}fcl~,
v ^pnk ncetolf`~ {f~} y`l }cmovfl ~ce` ncpl}zf`~ afg` @hvt} olmTogf~}ol,
v Eolv ncetolf`~ j`l`if}`m o~ o
z`~pa} ci }kf~ tcafnv olm p~`m f} }conqpfz` ~fr` xkfnk oi}`z ?66?k`at`m }k`e j`nce` hacjoaavncet`}f}fy`,
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]zol~iczeo}fcl ci Flmfol Flmp~}zv
v Z`~}zfn}fcl~ cl fetcz}~,
v Ncaaojczo}fcl xf}k }k`fztzflnftoa~ olm `l}`z`m }k` if`amci eolpion}pzflh,
v ]zol~iczeo}fcl izce }zomflh }ceolpion}pzflh ,
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Hz``l Z`ycap}fclv Ecz` }kol :>44 kfhk vf`amflh! kvjzfm
yozf`}f`~ ci iccm hzofl~ koy` j``lm`y`act`m,
v Xczam~ ifz~} kvjzfm nc}}cl! t`oza efaa`}!}k` ifz~} kvjzfm ~czhkpe! }k` ifz~} kvjzfmno~}cz! }k` ifz~} kvjzfm eolhc oz` ~ce`
ci }k` oeorflh onkf`y`e`l}~,
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V aacx Z`ycap}fclv Flnz`o~` fl tzcmpn}fcl ci
mfii`z`l} cfa~``m~,
v Fetcz}~ ci cfa~``m~`afeflo}`m ,
v Fl ?66>%6= icz`fhl`{nkolh` xcz}k Z~ :=9>>,0
efaafcl xo~ `ozl`m}kzcphk }k` `{tcz} cicfae`oa olm cfanog`,
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Jap`Z`ycap}fclv @lkoln`m if~k
tzcmpn}fcl izce 4,80efaafcl e} fl ?60? }c 0,=efaafcl e} fl ?668,
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Ipln}fcl ci o m`y`acte`l} jolgIpln}fcl ci o m`y`acte`l} jolgv ]c tzcyfm` }k` iflolnfoa flizo~}zpn}pz` l`n`~~ozv
icz flmp~}zv! }k` Hcy`zle`l} ~`} pt o lpej`z ci
m`y`acte`l} jolg~, Flmp~}zfoa Ifloln` Ncztczo}fcl ciFlmfo +FINF& +?6=;&
Flmp~}zfoa Nz`mf} olm Fly`~}e`l} Ncztczo}fcl ciFlmfo +FNFNF& +?600&
Flmp~}zfoa M`y`acte`l} Jolg ciFlmfo +FMJF& +?69=&
Flmp~}zfoa Z`ncl~}zpn}fcl Ncztczo}fcl ciFlmfo +?68?&
Plf} ]zp~} ciFlmfo +P]F& +?69>&
Afi` Fl~pzoln` Ncztczo}fcl ciFlmfo +AFN& +?609&,
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]zoflflh ) M`y`acte`l} ^gfaa~]zoflflh ) M`y`acte`l} ^gfaa~v F} oa~c ~`} pt Flmfol Fl~}f}p}`~ ci
] nklcachv! Lo}fcloa Fl~}f}p}`
ci ]`nklcachv! Eoloh`e`l}Fl~}f}p}`~ olm @lhfl``zflhNcaa`h`~ }c }zofl t`z~cl~ xf}kkfhk`z eoloh`e`l} olm}`nklfnoa ~gfaa~,
v X` koy` }k`z`icz` kom lc~kcz}oh` ci ~gfaa`m eoltcx`z }cno}`z }c }k` hzcxflhz`qpfz`e`l}~ ci flmp~}zv,
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JONGX
OZM OZ@O M@Y@ACTE
@L]JONGX
OZM OZ@O M@Y@ACTE
@L]v J`icz` Flm`t`lm`ln`! flmp~}zf`~ x`z`
ec~}av acno}`m fl olm ozcplm tcz}nf}f`~ afg` Epejof! Gcago}o czNk`llof,
v Jozcmo! Ncfejo}cz`! Jolhoacz`!Tpl`! Kvm`zojom! Iozfmojom! Zobgc}!olm eolv c}k`z~! hz`x pt o~ l`xflmp~}zfoa nf}f`~,
v
]k` N`l}zoa ) ^}o}` Hcy`zle`l}~`a`n}`m o i`x jongxozm mf~}zfn}~ olmcii`z`m notf}oa ~pj~fmv icz flmp~}zf`~~`} pt fl }k`~` oz`o~,
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^NF@L]FIFN Z@^@OZNK^NF@L]FIFN Z@^@OZNK
v ]k` ^}o}` ~`} pt =;
lo}fcloa aojczo}czf`~ }cplm`z}og` ottaf`mz`~`oznk fl nk`ef~}zv!tkv~fn~! a`n}zclfn~!jc}olv! }n,!
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xkv Flmfo x`l} icz afj`zoaf~o}fcl3
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Xko} kott`l`m fl ?66?
v Flmfo ~}oz}`m koyflh joaoln` ci tove`l}~tzcja`e~ ~fln` ?6;0! olm jv }k` lm ci ?664! f} xo~
fl o ~`zfcp~ nclcefn nzf~f~,
v ]k` hcy`zle`l} xo~ nac~` }c m`iopa}! f}~ n`l}zoajolg kom z`ip~`m l`x nz`mf} olm icz`fhl `{nkolh`
z`~`zy`~ kom z`mpn`m }c }k` tcfl} }ko} Flmfo ncpamjoz`av ifloln` }kz`` x``g~ xcz}k ci fetcz}~,
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E }oecztkc~f~
ncl}zcaa`z }c z`hpao}cz
v ]k` no}oav~} z`qpfz`m }c }zol~icze }k` `nclcev }kzcphk jomavl``m`m z`icze~ }c pl~konga` }k` nclcev,
v Ncl}zca~ ~}oz}`m }c j` mf~eol}a`m! }ozfii~! mp}f`~ olm }o{`~tzchz`~~fy`av acx`z`m! ~}o}` eclctcaf`~ jzcg`l! }k` `nclcevxo~ ct`l`m }c }zom` olm fly`~}e`l}!,
v tzfyo}` ~`n}cz l}`ztzf~` olm ncet`}f}fcl x`z` lncpzoh`m olmhacjoaf~o}fcl xo~ ~acxav `ejzon`m,
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]ZOFv ] a`nce z`hpao}czv Op}kczf}v
ci Flmfo
v Eflf~}zv ci Nceeplfno}fcl~) F]7 M`toz}e`l} ci]`a`nceeplfno}fcl~
v ]c eog` e`o~pz`~ }c
ionfaf}o}` ncet`}f}fcl olmtzcec}` iifnf`lnv fl }k`ct`zo}fcl ci}`a`nceeplfno}fcl ~`zyfn`~
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^@JFv ^@JF ^`npzf}f`~ )
@{nkolh` Jcozm ci Flmfo
v Eflf~}zv ci Ifloln`7M`toz}e`l} ci@nclcefn Oiiofz~
v ]c tzc}`n} }k` fl}`z`~}~ci fly`~}cz~ fl ~`npzf}f`~
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FZMOv Fl~pzoln` Z`hpao}czv )
M`y`acte`l}
Op}kczf}v
v Eflf~}zv ci Ifloln`
v ]c tzc}`n} ci }k`fl}`z`~}~ ci }k` tcafnvkcam`z~
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T`}zca`pe olm Lo}pzoa Ho~ Z`hpao}czv
Jcozmv Eflf~}zv ciT`}zca`pe
) Lo}pzoa Ho~
v ]c tzc}`n} }k` fl}`z`~}ci ncl~pe`z~ jvic~}`zflh iofz }zom` olm
ncet`}f}fcl,
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Xkv eozg`} ~kcpam lc} j` oaacx`m }c
koy` nceta`}` iz``mce
v ]k` ec}fy` ci oaa jp~fl`~~ `l}f}f`~ f~ }c eog` tzcif} olm olpljzfma`m `nclcev xfaa a`om }c o kph` tzcja`e xk`z`
t`cta` oz` }z`o}`m o~ nceecmf}f`~,
v ]k` ncetolf`~ xfaa ~xflma` }k` t`cta`
v ]k` iz`` eozg`} xfaa lc} noz` icz `y`zv ~`n}fcl ci }k`~cnf`}v,
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Xkv eozg`} ~kcpam lc} j` oaacx`m }c koy` nceta`}` iz``mce 3
v Lc ofzafl` xfaa iav }clcz}k`o~} fi }k` eflf~}zvmc`l} tp} o nclmf}fcl
v Xfaa I`m @{ olm Jap` Moz}m`afy`z a`}}`z o} Aomogk!A`k olm }zfjoa oz`o~! vcpl``m Flmfo Tc~}
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Xkv eozg`} ~kcpam lc} j` oaacx`m }c koy` nceta`}` iz``mce 3
v X` l``m ^]O]@ }c tz`y`l}P^ ncetolf`~ izceto}`l}flh Jo~eo}f zfn` o~]`{eo}f olm to}`l} p~`
ci }pze`zfn icz nc~e`}fn~
vX` l``m ^]O]@ }c tz`y`l}ioze`z~ ~pii`zflh izce
`l`}fnoaav cmfif`m]`zeflo}cz ^``m~
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Nclnap~fcl
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]KOLGVCP
v
A`}~ ~oap}` cpz ^]O]@ ,,
v J` Tzcpm icz cpz tzchz`~~ olm }k` tc~f}fcl x` oz` fl }cmov
vA`}~ }ch`}k`z hfy` o ~}olmflhcyo}fcl icz }k` ^]O]@,