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8/13/2019 Growth Opportunities for Islamic Banking in Pakistan
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I[JY]E JXXJ[]W@L]LGT NJ[ LTBOALD KO@CL@I L@XOCLT]O@
O mlssgrtotlj` sukalttgm l` portlob nubnlbbag`tjn teg rgqulrgag`ts njr teg Mgirgg jn
Aostgr jn Kusl`gss Omal`lstrotlj`
ky
Tobao Ceo`m
Mgportag`t jn Ao`oigag`t Tdlg`dgsNodubty jn Djaputgr & Ao`oigag`t Tdlg`dgs
Lsro W`lvgrslty, EymgrokomJdtjkgr ;8?8
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I[JY]E JXXJ[]W@L]LGT NJ[ LTBOALD KO@CL@I L@XOCLT]O@
ky
Tobao Ceo`m
Gxoal`otlj` Djaalttgg
Mr. Oso`mos Ao`wo`l (Tupgrvlsjr)Xrjngssjr jn Ao`oigag`t Tdlg`dgs
Ar. @ofggk Eosso` Krjel (Agakgr)Osslsto`t Xrjngssjr jn Ao`oigag`t Tdlg`dgs
Ar. _oaorumml` Aoeor (Agakgr)Osslsto`t Xrjngssjr jn Ao`oigag`t Tdlg`dgs
8/13/2019 Growth Opportunities for Islamic Banking in Pakistan
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8/13/2019 Growth Opportunities for Islamic Banking in Pakistan
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L` teg bost kut `jt teg bgost, L teo`c Ar. ]orlq Toaj njr els gxpgrtlsg l`
njraottl`i teg wrltg up jn tels mlssgrtotlj` oddjrml`i tj teg rgqulrgag`ts jn Lsro
W`lvgrslty.
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OKT][OD]
Xrgsg`t stumy wos dj`mudtgm tj nl`m jut teg nuturg irjwte jppjrtu`ltlgs njr Lsboald
Ko`cl`i Tystga l` Xoclsto`. Njr tels purpjsg sgdj`mory moto djbbgdtgm terjuie vorljus
sjurdgs wos o`obyzgm. ]eg lapjrto`t nl`ml`is jn tels stumy org os njbbjws6
]eg Lsboald Ko`cl`i l`mustry eos irjw` ao`lnjbm sl`dg ;889 o`m prgsg`tby lt
dj`trlkutgs ajrg teo` > % jn teg ko`cl`i systga l` Xoclsto`. ]eg elie irjwte rotg
aol`tol`gm ky Lsboald Ko`cs l` Xoclsto` l`mldotgs irjwl`i oddgptoklblty jn Lsboald
Ko`cl`i Tystga os o djaagrdlob jptlj` njr teg mlnngrg`t stocg ejbmgrs.
]jtob kro`de `gtwjrc jn teg l`mustry eos obsj l`drgosgm nrja >7? l` Mgd ;88< tj
>>9 kro`degs l` Fu`g ;8?8 wlte prgsg`dg l` jvgr 5= dltlgs & tjw`s djvgrl`i obb teg njur
prjvl`dgs, Ozom Cosealr, @jrtegr` orgos o`m Ngmgrob dopltob.
]eg elie irjwte trg`ms l` vorljus djapj`g`ts jn Lsboald ko`cs kobo`dg seggt eos
g`okbgm teg Lsboald Ko`cs tj aocg nurtegr l`rjoms l` teg jvgrobb ko`cl`i l`mustry l`
Xoclsto`.
]eg tjtob ossgts jn Lsboald ko`cl`i l`stltutlj`s (LKLs) l` Fu`g ;8?8 djaporgm tj Fu`g
;88
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rgdjrmgm bjss ontgr tox. Kjte teg ko`cs obsj sejwgm l`drgosg l` tjtob ossgts l`dbuml`i
Nl`o`dl`i-@gt & l`vgstag`ts o`m tjtob bloklbltlgs l`dbuml`i mgpjslts o`m jtegr oddju`ts.
]eg Teorg ejbmgrs Gqulty l`dbuml`i rgsgrvgs o`m seorg dopltob wos eliegr njr Aggzo`
Ko`c djaporgm tj teg Ko`c Lsboal. J` teg kosls jn teg moto ovolbokbg, dgrtol`
orgos/sgdtjrs blcg borig u`ko`cgm pjpubotlj` l` rurob o`m sgal-rurob orgos, borig
u`sgrvgm oirldubturg sgdtjr o`m teg TAG sgdtjr eovg kgg` lmg`tlnlgm welde `ggm tj kg
gxpbjrgm gxtg`slvgby njr odelgvl`i kgttgr irjwte prjspgdtus njr Lsboald Ko`cl`i l`
Xoclsto`6
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OKK[G^LO]LJ@T
Okkrgvlotlj` ]gra
OOJLN------------------------Oddju`tl`i o`m Oumltl`i Jrio`lzotlj` njr Lsboald Nl`o`dlobL`stltutlj`s
O]As-----------------------------------------------------------Outjaotgm ]gbbgr Aodel`g
KAO-------------------------------------------------------------Koerol` Aj`gtory Oig`dy
K@A-----------------------------------------------------------------Ko`c @gioro Aoboyslo
DLL--------------------------------------------------------------Dju`dlb jn Lsboald Lmgjbjiy
MA------------------------------------------------------------------Mlal`lsel`i Auseoroco
IJX---------------------------------------------------------------Ijvgr`ag`t jn Xoclsto`
EKND---------------------------------------------Ejusg Kulbml`i Nl`o`dg Djjpgrotlj`
LKKs-------------------------------------------------------------Lsboald ko`cl`i kro`degs
LKLs-------------------------------------------------------------Lsboald ko`cl`i l`stltutlj`sLKs-------------------------------------------------------------------------------Lsboald ko`cs
LDX-------------------------------------------------L`vgstag`t Djjpgrotlj` jn Xoclsto`
LLNA----------------------------------------------L`tgr`otlj`ob Lsboald Nl`o`dlob Aorcgt
CLKJ[------------------------------------------------------Corodel L`tgrko`c Jnngr [otg
BAD--------------------------------------------------------Blqulmlty Ao`oigag`t Dg`trg
BAG---------------------------------------------------------------Bj`mj` Agtob Gxdeo`ig
ADK-------------------------------------------------------------Ausbla Djaagrdlob Ko`c
AjW -----------------------------------------------------agajro`mua jn u`mgrsto`ml`i
@DK------------------------------------------------------------@otlj`ob Djaagrdlob Ko`c
@L]---------------------------------------------------------------@otlj`ob L`vgstag`t ]rust
@XOs----------------------------------------------------------------@j`pgrnjral`i Ossgts
@XNs-----------------------------------------------------------@j`pgrnjral`i Nl`o`dl`is
XOD[O ---------------------------------------Xoclsto` Drgmlt [otl`i Oig`dy Blaltgm
XL[L------Xrumg`tlob L`njraotlj` o`m [giubotjry Nroagwjrc njr Lsboald Ko`cs
XBT-----------------------------------------------------------------Xrjnlt o`m Bjss Teorl`i
X]Ds------------------------------------------------------Xortldlpotlj` ]gra Dgrtlnldotgs
_j_----------------------------------------------------------------------_uortgr ]j _uortgr
TKX-----------------------------------------------------------------Ttotg Ko`c jn Xoclsto`
TGDX---------------------------Tgdurltlgs o`m Gxdeo`ig Djaalsslj` jn Xoclsto`TAG-------------------------------------------------------Taobb o`m agmlua g`tgrprlsgs
\j\ -----------------------------------------------------------------------------\gor ]j \gor
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]OKBG JN DJ@]G@]T
Xoig
ODC@JYBGMIGAG@]T ---------------------------------------------------
OKT][OD]----------------------------------------------------------------------OKK[G^LO]LJ@T--------------------------------------------------------------]OKBG JN DJ@]G@]T ------------------------------------------------------BLT] JN ]OKBGT --------------------------------------------------------------
BLT] JN NLIW[GT ------------------------------------------------------------
lllvvllvlllxlxll
DEOX]G[ LL@][JMWD]LJ@ ------------------------------------------- ??. Mgnl`ltlj` jn Lsboald ko`cl`i --------------------------------------------
;. Xelbjsjpey jn Lsboald Ko`cl`i------------------------------------------4. Nodtjrs jn Xrjmudtlj` l` Dj`vg`tlj`ob Gdj`jalds-----------------=. Mlnngrg`dg kgtwgg` Lsboald o`m Dj`vg`tlj`ob Ko`cl`i----------7. Xrjkbga Mgnl`ltlj`---------------------------------------------------------->. Jkfgdtlvgs jn teg Ttumy --------------------------------------------------9. [gsgorde Agtejmjbjiy---------------------------------------------------5. Tdjpg jn teg [gsgorde Ttumy-------------------------------------------. Kg`gnlts jn Lsboald Ko`cl`i ---------------------------------------------9. Irjwte o`m Xrjspgdts jn Lsboald Ko`cl`i --------------------------5. Nuturg jn Lsboald Ko`cl`i------------------------------------------------
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DEOX]G[ LLLMG^GBJXAG@] JN LTBOALD KO@CL@I T\T]GA
L@ XOCLT]O@------------------------------------------------------------------------ ;4?. Lsboald Ko`cl`i ot Ibjkob Bgvgb---------------------------------------;. Mgvgbjpag`t jn Lsboald Ko`cl`i Tystga l` Xoclsto`------------4. Aofjr Ajmgs jn Lsboald Ko`cl`i o`m Nl`o`dg---------------------
4.? Aurokoeo---------------------------------------------------------------4.; Lforoe---------------------------------------------------------------------4.4 Lforoe-Yob-Lqtl`o------------------------------------------------------4.= Ausowoaoe-----------------------------------------------------------4.7 Lstls`o--------------------------------------------------------------------4.> Kol Auoffob--------------------------------------------------------------4.9 Aumorokoe-------------------------------------------------------------
4.5 Auseorocoe------------------------------------------------------------4.< Kol Toboa---------------------------------------------------------------=. [jbg jn Lsboald Ko`cl`i l` Gdj`jald Mgvgbjpag`t--------------
;4;944444=4=4=47474>
4>4>49
DEOX]G[ L^ I[JY]E JN LTBOALD KO@CL@I L@ XOCLT]O@?. JKFGD]L^G ?6 Irjwte Xottgr` jn Lsboald Ko`cl`i Tystga l`
Xoclsto`-----------------------------------------------------------------------?.? Durrg`t stotus jn Lsboald ko`cl`i l` Xoclsto`------------------?.; L`mustry prjirgss o`m aorcgt seorg------------------------------?.4 Xgrnjrao`dg l`mldotjrs jn Lsboald ko`cs------------------------?.= @j`-pgrnjral`i nl`o`dl`i o`m ossgts----------------------------?.7 Nl`o`dl`i alx-----------------------------------------------------------?.> L`vgstag`ts-------------------------------------------------------------?.9 Mgpjslts-----------------------------------------------------------------
;. JKFGD]L^G ;6 Irjwte Xottgr` jn ]wj Nubb-Nbgmigm LsboaldKo`cs l` Xoclsto`----------------------------------------------------------;.? Irjwte Xottgr` jn Aggzo` Ko`c----------------------------------
;.?.? O`obysls jn nl`o`dlob stotgag`ts jn Aggzo` Ko`cBlaltgm-------------------------------------------------------------------
;.; Irjwte Xottgr` jn Ko`c Lsboal------------------------------------;.;.? O`obysls jn nl`o`dlob stotgag`ts jn Ko`c LsboalBlaltgm-------------------------------------------------------------------
4. JKFGD]L^G 46 Orgos o`m Xrjmudts Yelde @ggm tj kgGxpbjltgm----------------------------------------------------------------------4.? Borig u`-ko`cgm pjpubotlj`---------------------------------------4.; Borig u`-sgrvgm oirldubturg sgdtjr------------------------------4.4 ]eg TAG sgdtjr-------------------------------------------------------
DEOX]G[ ^ - [GTWB]T O@M MLTDWTTLJ@---------------------------
=?=;=;=>=5==>7>7>>
>9
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?. [gsubt o`m dj`dbuslj` jn jkfgdtlvg?-----------------------------------;. [gsubt o`m dj`dbuslj` jn jkfgdtlvg;-----------------------------------4. [gsubt o`m dj`dbuslj` jn jkfgdtlvg4-----------------------------------=. Nuturg Deobbg`igs njr Lsboald Ko`cl`i & Nl`o`dg ----------------
=.? Nl`o`dlob l``jvotlj` l` drltldob orgos-----------------------------
=.; Djapgtltlj`-------------------------------------------------------------=.4 Alsusg jn Lsboald Ko`cl`i------------------------------------------=.= Jtegr deobbg`igs njr Lsboald ko`cl`i ---------------------------
>5>5949797
979>9>
DEOX]G[ ^L-[GDJAAG@MO]LJ@T ----------------------------------------?. Ig`grob rgdjaag`motlj` njr Lsboald Ko`cl`i systga----------;. [gdjaag`motlj` njr Aggzo` o`m ko`c Lsboal---------------------4. [gdjaag`motlj` njr nurtegr stumy-------------------------------------
[GNG[G@DGT -----------------------------------------------------------------
99999995
9
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BLT] JN ]OKBGT
]okbg Xoig
L-?
L-;
L-4
L^- ?
L^-;
L^-4
L^-=
L^-7
L^->
L^-9
L^-5
L^-. ^orljus pg`obtlgs org lapjsgm j`mgnoubtgrs. >. Lsboald ko`cs deorig j`by o saobboaju`t jn djapg`sotlj` welde ls botgrilvg` tj deorlty.
9. Ko`cs njdus j` teglr jw` l`tgrgstrotegr aocl`i o`y gnnjrt tj g`surgirjwte wlte gqulty.
9. Lt ilvgs mug lapjrto`dg tj teg pukbldl`tgrgst. Lts ubtlaotg ola ls tj g`surgirjwte wlte gqulty.
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5. Njr l`tgrgst-kosgm djaagrdlobko`cs, kjrrjwl`i nrja teg aj`gyaorcgt ls rgbotlvgby goslgr.
5. Njr teg Lsboald ko`cs, lt aust kgkosgm j` o Teorloe opprjvgmu`mgrbyl`i tro`sodtlj`.
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Tjurdg6 Ageajjm, V. (;887), Lsboald Ko`cl`i6 O pgrnjrao`dg djaporlsj` jn Lsboald
ko`c vgrsgs dj`vg`tlj`ob ko`c l` Xoclsto`
7. Xrjkbga Mgnl`ltlj`
Xoclsto` ls o` Lsboald dju`try wegrg dj`vg`tlj`ob ko`cl`i systga eos kgg`
nu`dtlj`l`i sl`dg lts l`dgptlj`. Tude typg jn systga eos `jt krjuiet jvgrobb kg`gnlts tj
teg gdj`jay jn teg dju`try. ]egrgnjrg, Lsboald Ko`cl`i systga wos l`trjmudgm l` ;88?
tj kjjst up teg gdj`jay. Kut lt ls jksgrvgm teot teg irjwte jn Lsboald Ko`cl`i ls vgry
sbjw. Tj, tels rgsgorde stumy nl`ms teg woys o`m ago`s tj laprjvg teg Lsboald ko`cl`i
systga l` Xoclsto`.
>. Jkfgdtlvgs jn teg Ttumy
Njbbjwl`i org teg spgdlnld jkfgdtlvgs jn teg prgsg`t stumy6
?. ]j nl`m jut teg irjwte prjspgdtus jn Lsboald Ko`cl`i systga l` Xoclsto`.
;. ]j djaporg teg irjwte pottgr` jn twj nubb-nbgmigm Lsboald ko`cs l` Xoclsto`.
4. ]j lmg`tlny teg orgos o`m prjmudts welde `ggm tj kg gxpbjltgm tj g`eo`dg teg
nuturg irjwte prjspgdtus njr Lsboald ko`cs l` Xoclsto`.
9. [gsgorde Agtejmjbjiy
]els rgsgorde stumy ls dj`mudtgm j` sgdj`mory moto o`m teg aotgrlob ls djbbgdtgm
nrja teg njbbjwl`i sjurdgs6
Blkrory jn Lsro W`lvgrslty
Blkrory jn W`lvgrslty jn Tl`me, Foasejrj
Blkrory jn Ttotg Ko`c jn Xoclsto`, Corodel
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L`tgr`gt
Aggzo` Ko`c Btm.
Ko`c Lsboal Xoclsto` Btm.
Kjjcs j` Lsboald Ko`cl`i o`m Nl o`dg
^orljus lssugs jn Gdj`jald Turvgy jn Xoclsto`
^orljus `otlj`ob o`m l`tgr`otlj`ob fjur`obs
5. Tdjpg jn teg [gsgorde Ttumy
]els rgsgorde stumy ls kosgm j` teg quortgrby rgpjrts jn teg Ttotg Ko`c jn
Xoclsto` o`m teg nl`o`dlob stotgag`ts iotegrgm nrja o``uob rgpjrts jn Aggzo` ko`c Btm
o`m Ko`c Lsboal Xoclsto` Btm. ]eg kro`de `gtwjrc jn Aggzo` ko`c Btm o`m Ko`c Lsboal
Xoclsto` Btm org sejw` l` ]okbgs L-; o`m L-4 rgspgdtlvgby.
]okbg L-;6 Aggzo` Ko`c kro`de `gtwjrc
AGGVO@ KO@C
TJW]EG[@ [GILJ@ DG@][OB [GILJ@ @J[]EG[@ [GILJ@ ]J]OB
9< 9= =5 ;8?
Tjurdg6 Aggzo` ko`c o``uob rgpjrt, ;8?8
]okbg L-46 Ko`c Lsboal kro`de `gtwjrc
KO@C LTBOAL
TL@ME XW@FOK KOBJDELT]O@ @YNX OVOM
COTEAL[
]J]OB
49 == ?? 5 ; ?8;
Tjurdg6 Ko`c Lsboal o``uob rgpjrt, ;8?8
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DEOX]G[ LL
BL]G[O]W[G [G^LGY
?. Gdj`jald Tystga l` Lsboa
Ceo` A. T. & Alrocejr, O. (?
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Agssg`igr. Kut, ln yju rgpg`t, yju do` eovg yjur prl`dlpob. @gltegr sejubm yju djaalt
l`fustldg `jr sejubm yju kg sukfgdtgm tj lt (Turoe Ob Koqro ;95 -;9
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Teoroe djapotlkbg prjmudts wgrg suddgssnubby bou`degm. Ylte teg
mgvgbjpag`t jn sgvgrob Lsboald ko`cs, teg lmgo ottrodtgm teg ottg`tlj` jn dju`trlgs sude
os Lro`, Xoclsto` o`m Tumo` welde l`ltlotgm gnnjrts tj gstokblse Lsboald ko`cl`i ot
rgspgdtlvg `otlj`ob bgvgb. ]erjuiejut teg wjrbm, teg bost tg` ygors eovg sgg` o surig jn
l`tgrgst l` teg jpgrotlj`ob ospgdts jn Lsboald ko`cl`i. ]eus, o `uakgr jn Lsboald ko`cs,
nl`o`dlob l`stltutlj`s, o`m tro`sodtlj`s eovg gagrigm obb jvgr teg wjrbm. [gdji`lzl`i teg
aorcgt pjtg`tlob jn Lsboald nl`o`dg, o` l`drgosl`i `uakgr jn Ygstgr` ko`cs o`m
nl`o`dlob l`stltutlj`s eovg obsj kgiu` prjvlml`i pjrtnjbljs, tro`sodtlj`s, o`m l`struag`ts
teot org gssg`tlobby `j`-l`tgrgst kosgm.
]eg ngoslklblty o`m vloklblty jn `j`-l`tgrgst kosgm nl`o`dlob tro`sodtlj`s,
l`struag`ts, l`stltutlj`s o`m systgas eovg kgg` laprgsslvg. Gquobby lapjrto`t eos
kgg` teg irjwte jn sdejborby l`tgrgst l` teg sukfgdt.
]jmoy, Lsboald nl`o`dlob l`stltutlj`s, l` j`g njra jr teg jtegr, org wjrcl`i l`
okjut 97 dju`trlgs jn teg wjrbm. ]eg l`struag`ts usgm ky Lsboald nl`o`dlob l`stltutlj`s,
kjte j` ossgts o`m bloklbltlgs, eovg mgvgbjpgm dopltob aorcgt tro`sodtlj`s. L` Aoboyslo,
Xoclsto`, Koerol` o`m o ngw jtegr dju`trlgs jn teg Iubn, Lsboald ko`cs o`m nl`o`dlob
l`stltutlj`s org wjrcl`i l` porobbgb wlte teg dj`vg`tlj`ob ko`cs o`m nl`o`dlob l`stltutlj`s.
=. Lsboald Ko`cl`i l` Xoclsto`
Oeaom Laro` (;884) mgsdrlkgm teot l` teg botg sgvg`tlgs, teg prjdgss jn Lsboald
ko`cl`i stortgm l` Xoclsto` wlte teg prgslmg`tlob jrmgr j` Tgptgakgr ;
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ko`cgrs o`m gdj`jalsts sukalttgm teglr rgpjrt l` Ngkruory ?
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;. Os l` o`y l`vgstag`t djapo`y, Lsboald ko`cl`i mlstrlkutgs teg troml`i mutlgs nrja
teg `j`-sclbbgm o`m/ jr tejsg wej mj `jt eovg teg tlag3 tj tejsg wejsg nu`dtlj` ls
prjngsslj`ob ao`oigag`t.
4. "Aosboeoe" (Xukbld Wtlblty o`m Kg`gnlt) jn teg Lsboald sjdlgty mgpg`ms j` teg
jpgrotlj` jn o` gnngdtlvg Lsboald ko`cl`i strudturg. ]els wlbb g`okbg teg prgsgrvotlj` jn
teg kj`ms jn Lsboald bjvg terjuie autuob tromg & dj-jpgrotlj`.
=. ]eg ubtlaotg suddgss jn Lsboald ko`cl`i ls `jt pjsslkbg, u`bgss gode l`mlvlmuob l`
gvgry Lsboald sjdlgty jkbliotgs elasgbn tj obb Lsboald rubl`is.
7. Lsboald ko`cl`i krl`is gdj`jald gapjwgrag`t l` teg orgos jn jpgrotlj`. Lt egbps
Ausbla kusl`gss pgrsj`s, terjuie nl`o`dlob olm, tj rgaol` djapgtltlvg. Lt obsj bgoms
tjworms teg drgotlj` jn fjk jppjrtu`ltlgs njr Ausblas os wgbb os `j`-Ausblas.
>. Lt ls o kosls njr gxpo`slj` l`tj teg Lsboald Gdj`jald Tystga, sl`dg teg
gstokblseag`t jn gode `gw Lsboald ko`c ls odtuobby drgotl`i o bl`c njr l`tgr`otlj`ob
l`tgrgsts tj dj-jpgrotg wlte jtegrs l` teg L`tgr`otlj`ob wgk jn Lsboald ko`cs.
9. Lt prjvlmgs l`vgstjrs wlte nbgxlklblty l` teg typgs jn oddju`ts wltel` welde tegy djubm
deo``gb teglr l`vgstag`t. Lt teus bl`cs dopltob tj bokjr o`m rgmudgs gxpg`mlturg tj
bgvgbs, rgbotgm wlte teg typg jn l`vgstag`t, teg vobug tegrgjn o`m lts pgrljm.
5. Lsboald ko`cs g`okbg teg sovl`i jn aj`gtory rgsjurdgs njr teg nuturg usg os sejw`
ky teg gplsjmg jn \usun (O.T.) l` _uro`. Eg`dg, lt ls o agtejmjbjiy opprjvgm ky Obboe
njr teg prjtgdtlj` jn wgobte.
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rgblgn tj vldtlas jn `oturob mlsostgrs
dorg o`m wgbnorg tj teg pjjr, jrpeo`s o`m teg `ggmy
euao`ltorlo` olm njr gmudotlj`ob o`m sjdlob sgrvldgs prjfgdts.
>. Kg`gnlts jn Lsboald Ko`cl`i
Oeoagm C.E. Ozoa ;88< mgsdrlkgm teot teg prl`dlpbg jn fustldg ls o` gssg`tlob
prgrgqulsltg njr obb cl`ms jn Lsboald nl`o`dl`i. L` o` Lsboald nl`o`dl`i, teg nl`o`dlgr o`m
teg kg`gnldlory seorg teg odtuob jr `gt prjnlt/bjss rotegr teo` terjwl`i teg rlsc kurmg`
j`by tj teg g`trgprg`gur. J`g jn teg u`lqug o`m soblg`t deorodtgrlstlds jn Lsboald ko`cs
ls teg l`tgirotlj` jn gteldob o`m ajrob vobugs wlte lts ko`cl`i jpgrotlj`. W`blcg teg
dj`vg`tlj`ob ko`cs, teg nl`o`dl`i jn Lsboald ko`cs org rgstrldtgm tj usgnub ijjms o`m
sgrvldgs o`m rgnrol` nrja nl`o`dl`i obdjejbld kgvgroigs o`m tjkoddj jr ajrobby
u`oddgptokbg sgrvldgs sude os dosl`js o`m pjr`jiropey, lrrgspgdtlvg jn wegtegr jr `jt
sude ijjms o`m sgrvldgs org bgiob jr `jt l` o ilvg` dju`try. L` dj`trost tj dj`vg`tlj`ob
nl`o`dg agtejms, teg wjrtel`gss o`m prjnltoklblty jn o prjfgdt org teg ajst lapjrto`t
drltgrlo jn Lsboald nl`o`dl`i welbg teg oklblty tj rgpoy teg bjo` ls suk-sgiag`tgm u`mgr
prjnltoklblty. O`jtegr lapjrto`t deorodtgrlstld welde njras teg kosls njr teg mgvgbjpag`t
jn Lsboald ko`cs ls teg rgbotlj`selp wlte mgpjsltjrs. Lsboald ko`cs mgob wlte teglr
dustjagrs j` l`vgstag`t irju`ms rotegr teo` j` o prg-mgtgral`gm nlxgm l`tgrgst rotg.
]egy l`vgst teg aj`gy jn teglr mgpjsltjrs j` elie prjnltokbg prjfgdts ontgr ijl`i
terjuie o strotgild o`obysls l` jrmgr tj ilvg o suksto`tlob rgtur` tj teglr mgpjsltjrs.
]eus, l` Lsboald ko`cl`i l`mustry, gode ko`c wlbb ottgapt tj jut-pgrnjra jtegr ko`cs ln lt
wo`ts tj ottrodt nu`ms nrja l`vgstjrs. ]els rgsubts l` o elie rgtur` j` l`vgstag`ts njr
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teg l`vgstjrs, welde ls u`blcgby l` o dj`vg`tlj`ob ko`c wegrg lt mgobs wlte teglr
mgpjsltjrs j` o prg-mgtgral`gm nlxgm l`tgrgst rotg. Nurtegrajrg Lsboald ko`cs gblal`otg
teg korrlgr kgtwgg` tejsg wej sovg o`m tejsg wej l`vgst, o`m krl`i tega dbjsgr tj teg
rgob aorcgt. ]eg `oturg jn teg nl`o`dlob l`tgragmlotlj` jn Lsboald ko`cs sli`lnldo`tby
mgngrs nrja dj`vg`tlj`ob ko`cs o`m lt ls l` eoraj`y wlte rgob aorcgt o`m
mgvgbjpag`tob deo`igs l` lt.
9. Irjwte o`m Xrjspgdts jn Lsboald Ko`cl`i
Norjjql, A (;88
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u`prgdgmg`tgm ko`cl`i drlsls, teg prjspgdt jn Lsboald ko`cl`i sgdtjr bjjcs krliet. Ylte
teg possoig jn tlag ajrg o`m ajrg pgjpbg wlbb kg l`dbl`gm tj Lsboald ko`cl`i.
5. Nuturg jn Lsboald Ko`cl`i
Tdealte Tdjtt (;887), njdusgm j` teg nuturg jn Lsboald ko`cl`i. Eg pjl`tgm jut
teot Lsboald nl`o`dg eos quldcby gstokblsegm ltsgbn l` sgvgrob aorcgts, lts sprgom, irjwte,
o`m ubtlaotgby lts deorodtgr, wlbb mgpg`m j` ejw lt dj`nrj`ts sgvgrob cgy deobbg`igs,
l`dbuml`i teg ig`grob oddgpto`dg jn Lsboald nl`o`dg, rgiubotjry o`m sju`m`gss
djapotlklblty, jkstodbgs tj l``jvotlj`, o`m jtegr lapjrto`t korrlgrs sude os kulbml`i
gdj`jalgs jn sdobg o`m trol`l`i prjngsslj`obs l` teg l`trldodlgs jn Lsboald nl`o`dlob
prjmudts. Durrg`tby, Lsboald nl`o`dg l`struag`ts org ajrg gxpg`slvg o`m bgss
djapgtltlvg. Xrjirgss jn Lsboald ko`cl`i wlbb teus, mgpg`m j` lts oklblty tj l``jvotg l`
nl`o`dlob l`struag`ts .]egsg agosurgs djubm ejbm lapjrto`t lapbldotlj`s njr mgvgbjpl`i
dj`suagr aorcgts o`m nl`o`dl`i tromg l` Ausbla dju`trlgs.
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Lsboald ko`cl`i l` djaporlsj` tj dj`vg`tlj`ob ko`cl`i jnngrs o kgttgr nl`o`dlob
ordeltgdturg j` gdj`jald irju`ms o`m ls l`egrg`tby ajrg stokbg os lt sprgoms rlscs
kgtwgg` ko`c mgpjsltjrs o`m ko`c dopltob.
?8. Tto`mormlzotlj` jn Lsboald Nl`o`dlob Xrjmudts
Toyylm ]oelr (;884) suiigstgm teot sto`mormlzotlj` jn Lsboald nl`o`dlob prjmudts
ls `gdgssory, o`m lt ls kju`m tj eoppg`. ]els ls kgdousg teg wjrbm ls o ibjkob vlbboig.
Dustjagrs dj`sdljus`gss os wgbb os djapgtltlj` oaj`i Lsboald ko`cs wlbb bgom tj
sto`mormlzotlj` jn Lsboald nl`o`dlob prjmudts. L` teg bj`i ru` sto`mormlzotlj` l` teg
nl`o`dlob l`struag`ts wlbb rgqulrg dj`sg`sus jn nu`moag`tob Teorloe prl`dlpbgs njr
mgsli`l`i nl`o`dlob dj`trodts. W`bgss tels ls mj`g, Lsboald ko`cl`i aoy kgdjag o dbose
jn mjiaos.
??. Xjsslkbg Tjbutlj`s tj Xrjkbgas Nodgm ky Lsboald
Ko`cl`i
Okmub Fokkor Corlal (;88>) stotgm teot, Lsboald ko`cl`i l`mustry eos kgg`
tryl`i eorm tj krl`i Lsboald ko`cl`i tj teg bgvgb jn dj`vg`tlj`ob ko`cl`i. Kut teg
oksg`dg jn Teorlhoe-djapblo`t bgiob nroagwjrc `ggmgm tj aocg l`tgrgst-nrgg
ko`cl`i oddgptokbg (o`m drgotg sju`m nl`o`dlob l`stltutlj`s) ls teg aofjr jkstodbg
kgel`m lts bjw pg`gtrotlj` l` teg nl`o`dlob aorcgt. ]egrgnjrg, ottgapts sejubm kg aomg
tj ajmlny teg gxlstl`i strudturg tj prjvlmg kgttgr prjmudts o`m quoblty sgrvldg wltel` teg
mjaol` jn Lsboald bows. Tjag jn teg ajst lapjrto`t deobbg`igs nodl`i teg Lsboald
ko`cl`i l`mustry org lmg`tlnlgm os njbbjws6
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(vl) Bg`mgr jn bost rgsjrt nodlblty6 Lsboald ko`cs org rgbudto`t tj g`tgr l`tj bj`i-tgra
tro`sodtlj`s mug tj teg bodc jn ovolboklblty jn blqulmotlj` terjuie sgdj`mory aorcgt.
(vll) Aorcgt mlsdlpbl`g6 L` jrmgr tj g`surg dj`suagr prjtgdtlj` os prjvlmgm ky Teorlhoe,
tegrg ls `j prjpgr agdeo`lsa jn tro`sporg`dy o`m mlsdbjsurg tj teg pukbld.
(vlll) Lsboald nuturg gxdeo`ig6 L` dj`vg`tlj`ob systga, bj`i-tgra nl`o`dg ls prjvlmgm
terjuie bj`i-tgra kj`ms o`m gqultlgs. Os Lsboald ko`cs mj `jt mgob wlte l`tgrgst
kgorl`i kj`ms, eg`dg, teglr `ggm njr gqulty aorcgts ls aude eliegr. ]j dlrduavg`t teg
rlsc, tegy org l` `ggm jn mgrlvotlvg prjmudts o`m dj`sgqug`tby jn Nuturg Gxdeo`igs.
SMOY@ @GYTKusl`gss, Mgdgakgr =, ;88>Q
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DEOX]G[ LLL
LTBOALD KO@CL@I O] IBJKOB BG^GB O@M L]T
MG^GBJXAG@] L@ XOCLT]O@
?. Lsboald Ko`cl`i ot Ibjkob Bgvgb
Norlml,N.[.(?
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ejsts teg `gwby drgotgm Blqulmlty Ao`oigag`t Dg`trg (BAD) o`m teg L`tgr`otlj`ob
Lsboald Nl`o`dlob Aorcgt (LLNA) tj djjrml`otg teg jpgrotlj`s jn Lsboald ko`cs l` teg
wjrbm. ]j prjvlmg opprjprlotg rgiubotjry sgt up, teg KAO eos l`trjmudgm o
djaprgeg`slvg prumg`tlob o`m rgpjrtl`i nroagwjrc teot ls l`mustry-spgdlnld tj teg
dj`dgpt jn Lsboald ko`cl`i o`m nl`o`dg. Nurtegr, teg KAO eos plj`ggrgm o ro`ig jn
l``jvotlj`s mgsli`gm tj krjomg` teg mgpte jn Lsboald nl`o`dlob aorcgts o`m tj prjvlmg
Lsboald l`stltutlj`s wlte wlmgr jppjrtu`ltlgs tj ao`oig teglr blqulmlty.
Orln, Aueoaaom (;88;) pjl`tgm jut teot o`jtegr dju`try teot eos o vlslkbg
gxlstg`dg jn Lsboald ko`cl`i ot djaprgeg`slvg bgvgb ls Aoboyslo wegrg kjte
dj`vg`tlj`ob o`m Lsboald ko`cl`i systgas org wjrcl`i l` o djapgtltlvg g`vlrj`ag`t.
]eg seorg jn Lsboald ko`cl`i jpgrotlj`s l` Aoboyslo eos irjw` nrja o `lb l` ?
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dj`dgptuob mlnngrg`dgs kgtwgg` Lsboald ko`cl`i l` Lro` o`m teg aol`strgoa ajvgag`t
jn Lsboald ko`cl`i o`m nl`o`dg.
Jwl`i tj teg irjwl`i oaju`t jn dopltob ovolboklblty wlte Lsboald ko`cs, teg
rgnl`l`i jn Lsboald nl`o`dl`i tgde`lqugs o`m teg euig rgqulrgag`t jn l`nrostrudturg
mgvgbjpag`t l` Ausbla dju`trlgs tegrg eos kgg` o borig `uakgr jn prjfgdt nl`o`dg
mgobs portlduborby l` teg Almmbg Gost rgilj`. Lsboald ko`cs `jw portldlpotg l` o wlmg
nl`o`dl`i mjaol` strgtdel`i nrja slapbg Teorloe-djapblo`t rgtolb prjmudts tj elieby
djapbgx strudturgm nl`o`dg o`m borig-sdobg prjfgdt bg`ml`i. ]egsg prjfgdts, l`tgr oblo,
l`dbumg pjwgr stotlj`s, wotgr pbo`ts, rjoms, krlmigs o`m jtegr l`nrostrudturg prjfgdts.
Koerol` ls teg bgoml`i dg`trg njr Lsboald nl`o`dg l` teg Almmbg Gost rgilj`. ]eg
gstokblseag`t jn teg Xrumg`tlob L`njraotlj` o`m [giubotjry Nroagwjrc njr Lsboald
Ko`cs (XL[L) ky teg KAO l` dj`fu`dtlj` wlte OOJLNL eos ij`g o bj`i woy tjworms
gstokblsel`i o bgiob o`m rgiubotjry nroagwjrc tj aggt teg spgdlnld rlscs l`egrg`t l`
Lsboald nl`o`dl`i strudturgs (Toaom, Okmus ?
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@otlj`ob Djaagrdlob Ko`c (@DK) jn Touml Oroklo eos l`trjmudgm o` Omvo`dg
Dorm teot eos obb teg kg`gnlts jn o rgiubor drgmlt dorm. ]eg dorm mjgs `jt eovg o drgmlt
bl`g o`m l`stgom eos o prgpolm bl`g. Os sude, lt mjgs `jt l`dur o`y l`tgrgst. Ommgm
kg`gnlts org purdeosg prjtgdtlj`, trovgb oddlmg`t l`suro`dg, gtd o`m `j l`tgrgst, `j gxtro
nggs wlte `j dj`mltlj`s, teg dorm ls nubby Teorloe djapblo`t. Lt ls ajrg sgdurg teo` dose,
gosy tj bjom up o`m eos wjrbmwlmg oddgpto`dg. ]els prgpolm dorm nodlblty ls gspgdlobby
ottrodtlvg tj wjag`, yjute, sgbn gapbjygm o`m saobb gstokblseag`t gapbjyggs wej
sjagtlags mj `jt aggt teg strldt rgqulrgag`ts jn o rgiubor drgmlt dorm nodlblty. Touml
Ijvgr`ag`t eos obsj g`mjrsgm o` Lsboald-kosgm bow tj rgiubotg teg cl`imja's budrotlvg
]oconub sgdtjr o`m jpg`gm lt njr njrgli` l`vgstjrs (@omgga L`oyot, ?) mgsdrlkgm teot l` W`ltgm Cl`imja, teg Nl`o`dlob Tgrvldgs
Outejrlty ls l` nl`ob stoigs jn lssul`i lts nlrst gvgr Lsboald ko`cl`i bldg`sg tj teg
prjpjsgm Lsboald Ko`c jn Krltol`, welde eos kgg` spj`sjrgm ky Iubn o`m WC l`vgstjrs.
]eg W`ltgm Ttotgs jn Oagrldo eos oppjl`tgm Mr. Aoeajum Gb Ioaob, o` gal`g`t
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gdj`jalst/gxpgrt j` Lsboald ko`cl`i tj omvlsg teg WT ]rgosury o`m Ijvgr`ag`t
mgportag`ts j` Lsboald nl`o`dg l` Fu`g ;88=.
?. Mgvgbjpag`t jn Lsboald Ko`cl`i Tystga l` Xoclsto`
Ko`cl`i ls teg ajst lapjrto`t sgdtjr jn o`y nl`o`dlob systga, o`m lts lapjrto`dg
rgaol`s teg soag l` teg Lsboald nl`o`dlob jpgrotlj` obsj. Lsboald Ko`cl`i ls o`
obtgr`otlvg tj l`tgrgst nrgg ko`cl`i. Lt mgrlvgs lts osplrotlj` o`m iulmo`dg nrja teg
rgbliljus gmldts jn Lsboa o`m eos tj dj`mudt lts jpgrotlj`s strldtby l` oddjrmo`dg wlte teg
mlrgdtlvgs jn Teorloe.
[lko djaaj`by c`jw` os l`tgrgst ls o dgrtol` l`drgosg jktol`gm nrja teg mgktjr
os prgalua jr djst lrrgspgdtlvg jn teg jutdjag jn teg kusl`gss. Iol`s j` prl`dlpob org
`jt prjelkltgm l` Lsboa kut prjnlt ls rgdji`lzgm os teg rgworm jn dopltob. Lsboa pgralts
mgvgbjpag`t jn iol`nub surpbus rgsjurdgs njr teg g`eo`dgag`t jn teglr vobug . ]eg
Lsboald systga ls kosgm j` o sgt jn prl`dlpbgs dj`stltutl`i teg dj`dgpt o`m pelbjsjpey
os g`u`dlotgm gxpbldltby l` teg Ejby _uro`. ]els pelbjsjpey prjvlmgs weot do` kg
u`mgrstjjm os Lsboald systga jn sjdlob fustldg.
Lsboa obsj oddgpts kosld dj`djalto`ts jn aorcgt gdj`jay blcg teg rliet jn l``otg
jw`grselp, nrggmja jn g`tgrprlsg o`m djapgtltlvg g`vlrj`ag`t jn kusl`gss o`m
l`mustry. ]eg Ejby Xrjpegt (Xgodg kg upj` ela) ls rgpjrtgm tj eovg obbjwgm djapgtltlvg
prldg agdeo`lsa tj kobo`dg teg mgao`m o`m suppby jn ijjms njr mlspg`sotlj` jn
gdj`jald fustldg, ubtlaotg kgst kg`gnlt jn sjdlgty o`m gnnldlg`t obbjdotlj` jn rgsjurdgs.
]eg blaltotlj`s j`by tocg dorg jn sjag ajrob, rgbliljus o`m dubturob pgrdgptlj`s os wgbb
os tj sult teg osplrotlj`s teot gapeoslzg teg sli`lnldo`t rjbg jn teg stotg l` l`dubdotlj` jn
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teg mgslrgm `jras. ]egsg blaltotlj`s org `gdgssory njr nubnlbbag`t jn jvgrobb jkfgdtlvgs jn
Lsboald Teorloe.
[liet nrja teg tlag Xoclsto` doag l`tj kgl`i os o` l`mgpg`mg`t Ausbla stotg,
gnnjrts wgrg aomg tj drgotg o` l`tgrgst-nrgg gdj`jay. ]eg dj`stltutlj` jn ?, ?;
o`m ?
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@gw stgps wgrg l`ltlotgm j` Fo`uory ?, ?
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]ergg dju`trlgs Xoclsto`, Lro` o`m Tumo` kodcgm ky gxpgrlg`dgs jn teg bost
ngw ygors, dbolagm teot suddgss l` rgpbodgag`t jn l`tgrgst rotg agdeo`lsa wlte `j`-
l`tgrgst kosgm ajmgs eos g`surgm nl`o`dlob stoklblty jn teg systga jr gnngdtlvg`gss jn
teglr aj`ltjry pjbldy. ]egy slaubto`gjusby gapeoslzgm teg `ggm njr mgvgbjpl`i ibjkob
sto`morms njr Lsboald ko`cl`i. L` Xoclsto`, tergg ko`cs, teg Aggzo` Ko`c, Ob Koroco
o`m teg rgdg`tby so`dtlj`gm Ko`c Lsboal Xoclsto` eovg kgg` ilvg` nubb-nbgmigm Lsboald
Ko`cl`i Bldg`sgs. @l`g jtegr ko`cs obrgomy eovg sgporotg kro`degs njr purgby Teorloe
kosgm tro`sodtlj`s. Eg`dg, j`by ?? ko`cs org l`vjbvgm l` Lsboald ko`cl`i wlte jvgr >8
mgmldotgm kro`degs (Xrjdtjr, M. ?
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djaagrdlob ko`cs, pbo``l`i tj g`tgr tels aorcgt, eovg kgg` goigr tj aocg teglr lapodt
l` teg Lsboald ko`cl`i sgdtjr. ]eg durrg`t aorcgt pboygrs l` teg seorloe-kosgm systga,
ejwgvgr, eovg ygt tj g`surg pgrngdtlj` jn teg systga. ]eg dg`trob ko`c eos kgg`
iro`tl`i bldg`sgs tj Lsboald ko`cs kut tgapjrorlby suspg`mgm teglr lssuo`dg j` teg
irju`m teot teg dju`try wos jvgr-ko`cgm. Obsj, teg TKX eos prjalsgm prjvlslj` jn o
bgvgb pboyl`i nlgbm tj l`vgstjrs kjte njrgli` o`m mjagstld vg`turl`i l`tj teg nlgbm.
[gdg`tby Ttotg Ko`c lssugm o bldg`sg tj Galrotgs Ibjkob L`vgstag`t Blaltgm tj wjrc l`
Xoclsto` os o` Lsboal Ko`c.
]eg TKX eos cgpt teg al`laua dopltob rgqulrgag`t njr l`tgrgst-nrgg ko`cs ot
[s; klbblj` njr o nubb-nbgmigm ko`c/sukslmlory o`m [s 78 albblj` njr o kro`de (O``uob
[gpjrt ;88=, TKX). Lt eos sgt teg dose rgsgrvg rotlj wlte teg dg`trob ko`c njr Lsboald
ko`cs ot ?? pgr dg`t obb l` dose, welbg teot njr dj`vg`tlj`ob ko`cs ls ;8 pgr dg`t, ?7 pgr
dg`t kgl`i teg stotutjry blqulmlty rgqulrgag`t o`m 7 pgr dg`t l` dose mug tj bodc jn
Teorloe-djapblo`t ijvgr`ag`t sgdurltlgs. Lsboald ko`cs do``jt aol`tol` teglr blqulmlty
rgqulrgag`t ky sgdurl`i ijvgr`ag`t kj`ms os tegy org kgl`i jnngrgm tj tega ot o nlxgm
l`tgrgst rotg, o`m tegsg rotgs mj `jt dj`njra wlte Teorloe prl`dlpbgs. ]eus, Lsboald
ko`cs do` l`vgst teg mlnngrg`dg kgtwgg` tegsg twj ot njur pgr dg`t l` budrotlvg ossgts tj
djapg`sotg njr teg njrgij`g rgtur` j` teg ijvgr`ag`t sgdurltlgs (Ceo`, E. ;887).
Ot tels pjl`t jn tlag, teg TKX ls `jt sgrvl`i os teg tromltlj`ob bg`mgr jn bost
rgsjrt njr Lsboald ko`cl`i l`stltutlj`s, kgdousg lt ls kgl`i gvobuotgm os ejw aude
nl`o`dlob suppjrt do` kg prjvlmgm ls teg bliet jn Teorloe bows. Os tegsg sprl`is
opporg`tby strj`i l`dbl`otlj` tjworms Lsboald ko`cl`i systga, teg TKX ls agtldubjusby
sdrutl`lzl`i teg pgrsj``gb dopoklbltlgs jn ko`cs kgnjrg lssul`i tega pgralts. ]eg Ko`c
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jn Ceykgr wos oddjrml`iby `jt obbjwgm tj dj`vgrt lts @jwsegro kro`de tj o` Lsboald
ko`c kro`de os lt sunngrgm nrja sgvgrob ao`oigrlob nbows teot `ggmgm laprjvgag`t l`
pgrnjrao`dg dopoklbltlgs jn lts pgrsj``gb wlte o vlgw tj strg`iteg`l`i lts nl`o`dlob kosg
(Ceo`, O.V. ;887). ]eg vgry rgdg`t Ko`c Lsboal Xoclsto` eos, l` ommltlj` tj Fgeo`ilr
Tlmmlqul o`m Djapo`y teg MDM irjup os lts l`vgstjrs. ]els sprl`is nrja teg Dg`trob
Ko`cs kgblgn teot o` l`tgr`otlj`obby rgputgm njrgli` irjup wlte tgde`ldob gxpgrtlsg,
euao` rgsjurdg o`m dopltob wlbb sgrvg tj strg`iteg` teg Lsboald ko`cl`i.
Lsboald ajmg jn ko`cl`i ls gxpgdtgm tj irjw l` Xoclsto` os djaagrdlob ko`cs
org l`tgrgstgm l` prjvlml`i nodlbltlgs kosgm j` Lsboald prl`dlpbgs. Lsboald ko`cl`i o`m
`jw njrgli` Lsboald ko`cs wjubm kg g`djuroigm tj gstokblse teglr Lsboald ko`cl`i
kusl`gss l` Xoclsto`.
;. Aofjr Ajmgs jn Lsboald Ko`cl`i o`m Nl`o`dg
Oyuk, Aueoaaom (;88;) mgsdrlkgm teg njbbjwl`i aol` ajmgs jn Lsboald ko`cl`i
o`m nl`o`dg6
;.?. Aurokoeo
Bltgrobby lt ago`s o sobg j` autuobby oirggm prjnlt. ]gde`ldobby, lt ls o dj`trodt jn sobg l`
welde teg sgbbgr mgdborgs els djst o`m prjnlt. Lsboald ko`cs eovg omjptgm tels os o ajmg
jn nl`o`dl`i. Os o nl`o`dl`i tgde`lqug, lt l`vjbvgs o rgqugst ky teg dblg`t tj teg ko`c tj
purdeosg dgrtol` ijjms njr ela. ]eg ko`c mjgs teot njr o mgnl`ltg prjnlt jvgr teg djst,
welde ls stlpubotgm l` omvo`dg.
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;.;. Lforoe
Lforoe ls o dj`trodt jn o c`jw` o`m prjpjsgm usunrudt oiol`st o spgdlnlgm o`m bownub
rgtur` jr dj`slmgrotlj` njr teg sgrvldg jr rgtur` njr teg kg`gnlt prjpjsgm tj kg tocg`, jr
njr teg gnnjrt jr wjrc prjpjsgm tj kg gxpg`mgm. L` jtegr wjrms, Lforoe jr bgosl`i ls teg
tro`sngr jn usunrudt njr o dj`slmgrotlj` welde ls rg`t l` dosg jn elrl`i jn ossgts jr tel`is
o`m woig l` dosg jn elrl`i jn pgrsj`s.
;.4. Lforoe-Yob-Lqtl`o
O dj`trodt u`mgr welde o` Lsboald ko`c prjvlmgs gqulpag`t, kulbml`i jr jtegr ossgts tj
teg dblg`t oiol`st o` oirggm rg`tob tjigtegr wlte o u`lbotgrob u`mgrtocl`i ky teg ko`c jr
teg dblg`t teot ot teg g`m jn teg bgosg pgrljm, teg jw`grselp l` teg ossgt wjubm kg
tro`sngrrgm tj teg bgssgg. ]eg u`mgrtocl`i jr teg prjalsg mjgs `jt kgdjag o` l`tgirob
port jn teg bgosg dj`trodt tj aocg lt dj`mltlj`ob. ]eg rg`tobs os wgbb os teg purdeosg
prldg org nlxgm l` sude ao``gr teot teg ko`c igts kodc lts prl`dlpob sua obj`i wlte prjnlt
jvgr teg pgrljm jn bgosg.
;.=. Ausowoaoe
Ausowoaoe ls o ig`grob o`m rgiubor cl`m jn sobg l` welde prldg jn teg djaajmlty tj kg
tromgm ls koriol`gm kgtwgg` sgbbgr o`m teg kuygr wltejut o`y rgngrg`dg tj teg prldg polm
jr djst l`durrgm ky teg njragr. ]eus, lt ls mlnngrg`t nrja Aurokoeo l` rgspgdt jn prldl`i
njraubo. W`blcg Aurokoeo, sgbbgr l` Ausowoaoe ls `jt jkbligm tj rgvgob els djst. Kjte
teg portlgs `gijtlotg j` teg prldg. Obb jtegr dj`mltlj`s rgbgvo`t tj Aurokoeo org voblm njr
Ausowoaoe os wgbb. Ausowoaoe do` kg usgm wegrg teg sgbbgr ls `jt l` o pjsltlj` tj
osdgrtol` prgdlsgby teg djsts jn djaajmltlgs teot eg ls jnngrl`i tj sgbb.
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;.7. Lstls`o
Lt ls o dj`trodtuob oirggag`t njr ao`unodturl`i ijjms o`m djaajmltlgs, obbjwl`i dose
poyag`t l` omvo`dg o`m nuturg mgblvgry jr o nuturg poyag`t o`m nuturg mgblvgry.
Lstls`oo do` kg usgm njr prjvlml`i teg nodlblty jn nl`o`dl`i teg ao`unodturg jr
dj`strudtlj` jn ejusgs, pbo`ts, prjfgdts o`m kulbml`i jn krlmigs, rjoms o`m eliewoys.
;.>. Kol Auoffob
Bltgrobby lt ago`s o drgmlt sobg. ]gde`ldobby, lt ls o nl`o`dl`i tgde`lqug omjptgm ky
Lsboald ko`cs teot tocgs teg njra jn Aurokoeo Auoffob. Lt ls o dj`trodt l` welde teg ko`c
gor`s o prjnlt aoril` j` els purdeosg prldg o`m obbjws teg kuygr tj poy teg prldg jn teg
djaajmlty ot o nuturg motg l` o buap sua jr l` l`stobbag`ts. Lt eos tj gxprgssby ag`tlj`
djst jn teg djaajmlty o`m teg aoril` jn prjnlt ls autuobby oirggm. ]eg prldg nlxgm njr teg
djaajmlty l` sude o tro`sodtlj` do` kg teg soag os teg spjt prldg jr eliegr jr bjwgr
teo` teg spjt prldg.
;.9. Aumorokoe
O njra jn port`grselp wegrg j`g porty prjvlmgs teg nu`ms welbg teg jtegr prjvlmgs
gxpgrtlsg o`m ao`oigag`t. ]eg bottgr ls rgngrrgm tj os teg Aumorlk. O`y prjnlts oddrugm
org seorgm kgtwgg` teg twj portlgs j` o prg-oirggm kosls, welbg bjss ls kjr`g j`by ky
teg prjvlmgr jn teg dopltob.
;.5. Auseorocoe
Auseorocoe ago`s o rgbotlj`selp gstokblsegm u`mgr o dj`trodt ky teg autuob dj`sg`t
jn teg portlgs njr seorl`i jn prjnlts o`m bjssgs l` teg fjl`t kusl`gss. Lt ls o` oirggag`t
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u`mgr welde teg Lsboald ko`c prjvlmgs nu`ms, welde org alxgm wlte teg nu`ms jn teg
kusl`gss g`tgrprlsg o`m jtegrs. Obb prjvlmgrs jn dopltob org g`tltbgm tj portldlpotg l`
ao`oigag`t, kut `jt `gdgssorlby rgqulrgm tj mj sj. ]eg prjnlt ls mlstrlkutgm oaj`i teg
port`grs l` prg-oirggm rotljs, welbg teg bjss ls kjr`g ky gode port`gr strldtby l`
prjpjrtlj` tj rgspgdtlvg dopltob dj`trlkutlj`s.
;.
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Lsboald nl`o`dg l` mgvgbjpag`t jn teg gdj`jay lt wjubm kg `gdgssory tj drgotg o`
g`vlrj`ag`t teot djubm l`mudg nl`o`dlgrs tj goraorc ajrg nu`ms njr
Auseorocoe/Aumorokoe kosgm nl`o`dl`i jn prjmudtlvg u`lts, portlduborby jn saobb
g`tgrprlsgs (Curo`,]. ?
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Toboa eos o vost pjtg`tlob l` nl`o`dl`i teg prjmudtlvg odtlvltlgs l` drudlob sgdtjrs,
portlduborby oirldubturg, oirj-kosgm l`mustrlgs o`m teg rurob gdj`jay os o wejbg. Lt obsj
prjvlmgs l`dg`tlvg tj g`eo`dg prjmudtlj` os teg sgbbgr wjubm sporg `j gnnjrt l`
prjmudl`i, ot bgost teg quo`tlty `ggmgm njr sgttbgag`t jn teg bjo` tocg` ky ela os
omvo`dg prldg jn teg ijjms. Toboa do` obsj bgom tj drgotl`i o stokbg djaajmltlgs
aorcgt gspgdlobby teg sgosj`ob djaajmltlgs o`m tegrgnjrg tj stoklblty jn teglr prldgs. Lt
wjubm g`okbg sovgrs tj mlrgdt teglr sovl`is tj l`vgstag`t jutbgts wltejut woltl`i, njr
l`sto`dg, u`tlb teg eorvgstl`i tlag jn oirldubturob prjmudts jr teg tlag weg` tegy odtuobby
`ggm l`mustrlob ijjms o`m wltejut kgl`i njrdgm tj spg`m teglr sovl`is j` dj`suaptlj`
(Tlmmlqul, T.E. ;88). W`mgr gqulty kosgm
Nu`ms, ko`cs do` jnngr o typg jn gqulty gxpjsurg terjuie spgdlnlgm l`vgstag`t oddju`ts
wegrg tegy aoy lmg`tlny pjsslkbg l`vgstag`t jppjrtu`ltlgs nrja gxlstl`i jr `gw
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kusl`gss dblg`ts o`m l`vltg oddju`t-ejbmgr tj suksdrlkg. L`stgom jn seorl`i l` teg ko`cs
prjnlt, teg l`vgstjrs wjubm seorg teg prjnlts jn teg g`tgrprlsg l` welde nu`ms org pbodgm
wlte teg ko`c tocl`i o ao`oigag`t ngg njr lts wjrc. Ko`cs do` obsj jnngr jpg`-g`mgm
Aubtlpbg Gqulty Nu`ms tj kg l`vgstgm l` stjdcs.
Taobb o`m agmlua g`tgrprlsgs (TAG) sgdtjr eos o irgot pjtg`tlob njr gxpo`ml`i
prjmudtlj` dopodlty o`m sgbn-gapbjyag`t jppjrtu`ltlgs l` teg dju`try. G`eo`dl`i teg
rjbg jn nl`o`dlob sgdtjr l` mgvgbjpag`t jn TAG suk-sgdtjr djubm altliotg teg sgrljus
prjkbgas jn u`gapbjyag`t o`m bjw bgvgb jn gxpjrts. ]eg ko`cs aoy l`trjmudg TAG
Nl`o`dl`i Nu`ms wlte vorljus igjiropeldob bjdotlj`s. ]eg djrpjrotg sgdtjr o`m teg
djaagrdlob ko`cs aoy sgt up o `gtwjrc jn sude Nu`ms u`mgr teg ogils jn TGDX ky
gstokblsel`i l`stltutlj`s u`mgr sy`mldotg orro`igag`ts jr jtegrwlsg (Cortlj, A.O. ;88
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DEOX]G[ L^
I[JY]E JN LTBOALD KO@CL@I L@ XOCLT]O@
?. Nl`ml`is okjut Jkfgdtlvgs
Jkfgdtlvg ?6 Irjwte Xrjspgdtus jn Lsboald Ko`cl`i Tystgal` Xoclsto`
Lsboald ko`cl`i gagrigm os o rgspj`sg tj kjte rgbliljus o`m gdj`jald `ggms.
L` Xoclsto`, os o rgsubt jn rgbou`del`i jn teg Lsboald ko`cl`i l`ltlotlvg iulmgm ky o
djaprgeg`slvg bgiob, rgiubotjry o`m Teorloe djapblo`t nroagwjrc, tergg typgs jn
Lsboald ko`cl`i l`stltutlj`s wgrg obbjwgm tj gstokblse l` ;88?. ]egsg wgrg Nubb-nbgmigm
Lsboald ko`cs, Lsboald ko`cl`i sukslmlorlgs jn dj`vg`tlj`ob ko`cs, o`m Lsboald ko`cl`i
kro`degs (LKKs) jn dj`vg`tlj`ob ko`cs. L` ommltlj` tj okjvg, dj`vg`tlj`ob ko`cs eovl`i
LKKs djubm obsj eovg Lsboald ko`cl`i wl`mjws l` teglr dj`vg`tlj`ob kro`degs. ]els
l`ltlotlvg prjvgm tj kg o kli suddgss os teg Lsboald Ko`cl`i L`mustry eos irjw` ao`lnjbm
sl`dg ;88?. Durrg`tby tegrg org > nubb nbgmigm bldg`sgm Lsboald ko`cs (LKs) o`m ?4
dj`vg`tlj`ob ko`cs eovl`i bldg`sgs tj jpgrotg mgmldotgm Lsboald ko`cl`i
kro`degs(LKKs).(_uortgrby [gpjrt ;8?8, TKX) L` ommltlj` tj teot, obb jn teg nlvg kli ko`cs
l` Xoclsto` org prjvlml`i Lsboald ko`cl`i sgrvldgs.
?.? Durrg`t Ttotus jn Lsboald Ko`cl`i l` Xoclsto`
Xrgsg`tby Lsboald Ko`cl`i L`mustry dj`trlkutgs ajrg teo` >% jn teg ko`cl`i systga l`
Xoclsto`. ]jtob kro`de `gtwjrc jn teg l`mustry eos l`drgosgm nrja >7? l` Mgd.8< tj >>9
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kro`degs l` Fu`g.?8 wlte prgsg`dg l` jvgr 5= dltlgs & tjw`s djvgrl`i obb teg njur
prjvl`dgs, Ozom Cosealr, @jrtegr` orgos o`m Ngmgrob dopltob. ]eg prjvl`dg-wlsg moto
rgvgobs teot Tl`me, Xu`fok, Kobjdelsto`, Ceykgr- Xocetu`cewo o`m Ozom Cosealr eovg
;;4, ;>9 kro`degs, >74 org l` teg ko`cgm orgos welbg teg
rgaol`l`i ?= org l` teg u`ko`cgm orgos. (_uortgrby [gpjrt ;8?8, TKX)
?.; L`mustry Xrjirgss o`m Aorcgt Teorg
]eg tjtob ossgts jn Lsboald ko`cl`i l`stltutlj`s (LKLs) l` Fu`g ;8?8 djaporgm tj Fu`g
;88< (]okbg L^-?), eos l`drgosgm
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]okbg L^- ?6 L`mustry prjirgss o`m aorcgt seorg
Tjurdg6 IjX (Fu`g ;88< tj Fu`g ;8?8), O``uob [gpjrt jn TKX, Corodel
]eg elie irjwte trg`ms l` vorljus djapj`g`ts jn Lsboald ko`cs kobo`dg seggt eos
g`okbgm teg Lsboald Ko`cs tj aocg nurtegr l`rjoms l` teg jvgrobb ko`cl`i l`mustry l`
Xoclsto`.
Nli6 L^-?6 Teorg o`m irjwte jn Lsboald Ko`cl`i
Tjurdg6 IjX (Fu`g ;88< tj Fu`g ;8?8), O``uob [gpjrt jn TKX, Corodel
^O[LOKBG FW@G ;8?8 FW@G ;88< I[JY]E % TEO[G L@L@MWT][\
]jtob ossgts =?? 4?4 4?.4 >.?
Mgpjslts 448 ;45 4< >.=
@gt nl`o`dl`i
o`m l`vgstag`t
;47 ?
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]eg moto njr quortgr g`mgm Fu`g ;8?8 weg` djaporgm wlte teg prgdgml`i quortgr,
sejws teot teg ossgt nl`o`dl`i odtlvltlgs jn Lsboald ko`cs eovg rgvlvgm kgslmgs
suksto`tlobby eliegr ossgts o`m mgpjslts irjwte. ]eg prjnltoklblty l`mldotjrs (]okbg L^-?)
eovg obsj sejw` aorcgm laprjvgag`t os djaporgm tj teg prgdgml`i quortgr. ]eg
nl`o`dl`i o`m l`vgstag`t pjrtnjblj jn Lsboald ko`cs eovg rgodegm [s ;4>.8 klbblj` l`
Fu`g ;8?8 djaporgm wlte [s ;;< klbblj` l` Aorde ;8?8, mgpldtl`i o` l`drgosg jn 4.8
pgrdg`t murl`i teg bost quortgr. (_uortgrby [gpjrt ;8?8, TKX) ]eg seorgs jn ossgts,
mgpjslts o`m l`vgstag`t & nl`o`dl`i l`drgosgm tj >.?, >.= o`m =.> pgrdg`t rgspgdtlvgby
murl`i teg quortgr g`mgm Fu`g ;8?8. (_uortgrby [gpjrt ;8?8, TKX)
]eg irjwl`i mgpjsltjrs dj`nlmg`dg ls wgbb rgnbgdtgm l` bost quortgr, welde sejws o`
l`drgosg jn ?=.; pgrdg`t l` teg mgpjslts. ]eg mgpjslt kosg jn Lsboald ko`cs stjjm ot [s
448 klbblj` ot g`m-Fu`g ;8?8 djaporgm tj [s ;5< klbblj` l` teg prgvljus quortgr-g`m.
Tlalborby, tjtob bloklbltlgs jn Lsboald ko`cs eovg l`drgosgm ky ??.< pgrdg`t tj [s 4>5
klbblj` nrja [s 4;< klbblj` murl`i teg quortgr. Blcgwlsg, teg `gt ossgts o`m gqulty eovg
l`drgosgm ky orju`m ?.7 o`m ?.< pgrdg`t rgspgdtlvgby. ]egrg ls o` l`drgosg jn okjut >
pgrdg`t l` teg rgsgrvgs o`m >; pgrdg`t l` u`-opprjprlotgm prjnlts. (_uortgrby [gpjrt
;8?8, TKX)
Djaporgm tj prgdgml`i quortgr, teg nl`o`dl`i pjrtnjblj jn Lsboald Ko`cl`i L`mustry eos
l`drgosgm ky ? pgrdg`t l` Fu`g ;8?8.]els ls oddjapo`lgm ky o 9.8 pgrdg`t l`drgosg l`
l`vgstag`t. (_uortgrby [gpjrt ;8?8, TKX)
Aorc-up l`djag ls teg aofjr sjurdg jn LKL l`djag, ot orju`m 58 %, djaporgm tj orju`m
98 pgrdg`t njr teg dj`vg`tlj`ob ko`cs. ]eg jpgrotl`i gxpg`sg tj irjss l`djag rotlj jn
LKLs ls obsj aude eliegr teo` teg dj`vg`tlj`ob ko`cs l`mustry.
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?.4 Xgrnjrao`dg L`mldotjrs jn Lsboald Ko`cs
]eg l`ngdtlj` rotlj, `gt l`ngdtlj` rotlj, o`m @XO tj dopltob rotlj, jn LKL org kgttgr teo`
teg l`mustry ot g`m-Fu`g ;8?8. ]eg ossgts l`ngdtlj` os sejw` ky @XNs tj nl`o`dl`i
rotljot >.7% ls obajst teg eobn jn teg l`mustry ovgroig welde stjjm ot ?;.
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?.= @j`-Xgrnjral`i Nl`o`dl`i o`m Ossgts
Murl`i teg quortgr Opr-Fu` ;8?8 teg `j`pgrnjral`i nl`o`dl`i eos l`drgosgm
suksto`tlobby \j\ kosls, obtejuie, tegrg ls o mgdrgosg jn orju`m ?8 pgrdg`t j` _j_
kosls (]okbg L^-4).
]okbg L^-46 @j`-pgrnjral`i nl`o`dl`i & ossgts
Tjurdg6 IjX (Fu`g ;88< tj Fu`g ;8?8), O``uob [gpjrt jn TKX, Corodel
]eg `gt `j`-pgrnjral`i nl`o`dl`i sejws slalbor \j\ o`m _j_ trg`ms . ]eg @XOs o`m
`gt @XOs obsj eovg slalbor l`dbl`l`i trg`ms. Ejwgvgr, j` o pjsltlvg `jtg teg rgdjvgry
eos laprjvgm suksto`tlobby kjte j` \j\ o`m _j_ kosls.
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?.7 Nl`o`dl`i Alx
Aurokoeo, Lforoe o`m Mlal`lsel`i Auseoroco (MA) dj`trlkutgm orju`m 59 % jn teg
nl`o`dl`i (]okbg L^-=). L` nodt, teg Aurokoeo nl`o`dl`i eos rgkju`mgm murl`i teg quortgr
u`mgr rgvlgw nrja 49.7% tj ==.?% jn teg nl`o`dl`i. Lt do` obsj kg `jtgm nrja teg tokbg
teot tegrg ls o sbliet mgdbl`g l` MA nl`o`dl`i, Toboa o`m Lstls`o ajmgs.
]okbg L^-=6 Nl`o`dl`i alx
Tjurdg6 IjX (Fu`g ;88< tj Fu`g ;8?8), O``uob [gpjrt jn TKX, Corodel
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?.> L`vgstag`ts
[giorml`i teg l`vgstag`ts, LKLs eovg sejw` suksto`tlob irjwte jn \j\ =>% o`m _j_
9.8% l` Fu`g ;8?8. ]eg \j\ irjwte prlaorlby rgprgsg`ts teg [s ?=.= klbblj` IjX Lforoe
Tucuc o`m [s >.5 klbblj` XLO Tucuc lssugm l` Tgptgakgr o`m Jdtjkgr ;88
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?.9 Mgpjslts
]eg mgpjslt ajklblzotlj` rgaol`gm strj`i murl`i Opr-Fu` ;8?8. ]eg \j\ o`m _j_
irjwte l` mgpjslts rgaol`gm rjkust ot 45.7% o`m ?=.? % rgspgdtlvgby. ]eg \j\ irjwte
l` mgpjslts ls borigby djal`i nrja teg dustjagr mgpjslts ot =8.> pgrdg`t. Obb teg
dustjagr mgpjslt typgsnlxgm, sovl`i o`m durrg`teovg sejw` dbjsg tj =8 pgrdg`t
\j\ irjwte. Tlalbor trg`ms eovg dj`tl`ugm murl`i teg quortgr g`mgm Fu`g ;8?8.
]eg djaporotlvg o`obysls jn djapjsltlj` jn mgpjslts jn LKLs o`m l`mustry rgvgobs teot
teg kgeovljr jn LKL mgpjsltjrs o`m dj`vg`tlj`ob ko`cs mgpjsltjrs ls obajst slalbor (Nli
L^-;).
Nli L^-;6 Djapjsltlj`s jn mgpjslts
Tjurdg6 IjX (Fu`g ;88< tj Fu`g ;8?8), O``uob [gpjrt jn TKX, Corodel
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Jkfgdtlvg ;6 Irjwte Xottgr` jn ]wj Nubb-Nbgmigm LsboaldKo`cs l` Xoclsto`
]eg twj nubb-nbgmigm Lsboald djaagrdlob ko`cs wlte borigr kro`de `gtwjrcs l` Xoclsto`
org Aggzo` Ko`c Blaltgm o`m Ko`c Lsboal Xoclsto` Btm. ]eg bost tergg ygors nl`o`dlob
stotgag`ts jn tegsg twj ko`cs wgrg o`obyzgm tj stumy teglr irjwte pottgr`s.
;.? Irjwte Xottgr` jn Aggzo` Ko`c
Aggzo` Ko`c Blaltgm wos iro`tgm teg @otlj`s nlrst nubb-nbgmigm Lsboald Ko`cl`i bldg`sg
ky teg Ttotg Ko`c jn Xoclsto`, l` Fo`uory ;88;. ]els ko`c ls `jw ro`cgm oaj`ist teg
tjp ?7 ko`cs jn teg =8 tjtob ko`cs jpgrotl`i l` Xoclsto`. (O``uob rgpjrts jn Aggzo`
ko`c, ;8?8). Aggzo` ko`c l` lts sejrt spo` jn gliet ygors eos surpossgm irjwte rotgs
jn dj`vg`tlj`ob ko`cs. [oplm irjwte jn teg ko`c eos kgg` oddjapo`lgm ky ijjm
nl`o`dlob pgrnjrao`dg o`m spgdlnld l`mustry pjsltlj`. ]eg dopltob tj rlsc-wglietgm rotlj jn
teg ko`c eos l`vorlokby rgaol`gm sli`lnldo`tby okjvg teg 5 pgrdg`t jn teg rgqulrgm bgvgb,
o`m @XBs rotljs eovg kgg` dj`slmgrokby bjw. ]eot eos pbodgm Aggzo` Ko`c ot teg tjp
jn teg Ko`cl`i l`mustry, o bj`i-tgra g`tlty rotl`i jn O+, o`m o sejrt-tgra g`tlty rotl`i jn
O?. ]eg Aggzo` Ko`c eos odelgvgm o strj`i kobo`dg seggt wlte gxdgbbg`t jpgrotl`i
prjnltoklblty, l`dbuml`i o dopltob omgquody rotlj. (Aggzo` ko`c O``uob rgpjrts, ;8?8).
Xrgsg`tby, Aggzo` Ko`c ls teg borigst Lsboald Ko`c jpgrotl`i l` Xoclsto` wlte
;8? kro`degs l` 7= dltlgs (O``uob rgpjrts jn Aggzo` ko`c, ;8?8). ]eg Ko`c jnngrs o
djapbgtg ro`ig jn Lsboald prjmudts o`m sgrvldgs l`dbuml`i dor bgosl`i o`m ejag
ajrtioigs- obb mgsli`gm wlte nbgxlkbg ngoturgs tj aggt teg rgqulrgag`ts jn teg
dustjagrs l` o Teorloe-djapblo`t ao``gr. ]eg ko`c's rgtolb ko`cl`i `gtwjrc ls
suppjrtgm ky ;= ejurs pgr moy/ 9 moys pgr wggc , ko`cl`i sgrvldgs welde l`dbumgs ?78
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O]As, L`tgr`gt Ko`cl`i o`m o ;=-ejur Dobb Dg`tgr. ]eg Ko`c eos rgdg`tby bou`degm lts
^LTO Mgklt dorm teot obbjws lts dustjagrs tj sejp ot ajrg teo` 48 albblj` agrdeo`ts
ibjkobby o`m wltemrow aj`gy nrja teglr oddju`ts nrja ajrg teo` ?.= albblj` O]A's
wjrbmwlmg. (Aggzo` ko`c O``uob rgpjrts, ;8?8).
;.?.? O`obysls jn Nl`o`dlob Ttotgag`ts jn Aggzo` Ko`c Blaltgm
Os do` kg `jtgm nrja tokbg L^-> prjnlt ontgr tox mgdrgosgm 47.7 % l` teg ygor ;885 os
djaporgm tj prjnlt l` ;889, kut sejwgm o` laprgsslvg l drgosg jn [s =8= albblj`
(>7.?%) nrja [s >;? albblj` l` teg ygor ;885 tj [s ?8;7 albblj` l` teg ygor ;888.=% l` teg ygor ;885 djaporgm tj prgvljus ygor o`m 4
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kro`degs ommgm tj teg `gtwjrc. ]els l`vgstag`t eos, ejwgvgr, rgsubtgm l` strj`i
irjwte l` mgpjslts l` teg ygor ;88,584 =,79= =5.7 =5.9
@gt sprgom gor`gmkgnjrg prjvlslj`s
7,?4; 4,9?7 ;,?;; 45.; 97.?
Ngg, djaalsslj`o`m krjcgroigl`djag
7;< =4; 4;; ;;.> 4=.;
Mlvlmg`m l`djag ?; ;,5 48.=
Xrjvlslj` oiol`st`j` pgrnjral`inl`o`dl`i
?,=4? =;5 =47 ;44.< (?.7?)
Omal`lstrotlvggxpg`sgs
4,748 ;,>;9 ?,97> 4=.= =
]jtob jtegrgxpg`sgs
4,=9? ;,9?4 ?,9>7 ;9.< 74.5
Xrjnlt ontgr tox ?,8;7 >;? = >7.? (47.7)
Gor`l`is pgr seorg ?.9? ?.;; ?. =8.; (49.5)
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Tjurdg6 Aggzo` Ko`c o``uob rgpjrt (Mgdgakgr ;889 tj Mgdgakgr ;889,?9< =7.> ;>.. ]els ko`c eos `jw o `gtwjrc jn ?8; j`bl`g
kro`degs l` =< dltlgs jn Xoclsto` l`dbuml`i 49 kro`degs l` Tl`me, == kro`degs l`
Xu`fok, ?? kro`degs l` Kobjdelsto`, 5 kro`degs l` Xocetu`cewo o`m ; kro`degs l`
Ozom Cosealr. (O``uob rgpjrts jn Ko`cLsboal, ;8?8)
]eg Ko`c jnngrs o djapbgtg ro`ig jn Lsboald prjmudts o`m sgrvldgs l`dbuml`i `gw
vgeldbg o`m usgm/lapjrtgm vgeldbg bgosl`i mgsli`gm wlte nbgxlkbg ngoturgs tj aggt teg
rgqulrgag`ts jn teg dustjagrs l` o Teorloe-djapblo`t ao``gr. ]eg ko`c's rgtolb
ko`cl`i `gtwjrc ls suppjrtgm ky ;= ejurs pgr moy/ 9 moys pgr wggc ko`cl`i sgrvldgs
welde l`dbumgs O]A/Mgklt dorm, Kljagtrld O]A, J`bl`g Ko`cl`i, L`tgr Ko`c Nu`m
]ro`sngr, o`m L`tgr`gt Ko`cl`i. ]eg Ko`c Lsboal eos kgg` ossli`gm o bj`i tgra g`tlty
rotl`i jn 'O' o`m sejrt tgra rotl`i jn 'O ?' ky Xoclsto` Drgmlt [otl`i Oig`dy Blaltgm
(XOD[O), kgdousg jn lts wgbb dj`dglvgm kusl`gss strotgiy o`m gstokblseag`t jn o`
gnngdtlvg jpgrotl`i pbotnjra tj gxgdutg teg kusl`gss strotgiy. (Ko`c Lsboal O``uob
rgpjrts , ;8?8)
;.4.? O`obysls jn Nl`o`dlob Ttotgag`ts jn Ko`c Lsboal blaltgm
]okbg L^-5 sejws teot ontgr mgmudtlj` jn tox teg bjss l`durrgm ky teg ko`c wos =4% l`
;885 welde rjsg tj 587% l` teg ygor ;88
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sprgom gor`gm kgnjrg prjvlslj`s l`drgosgm ky ?=9.>.;% o`m opprgdlokby l`drgosgm ky
5=
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Tjurdg6 Ko`c Lsboal o``uob rgpjrt (Mgdgakgr ;889 tj Mgdgakgr ;88
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Tjurdg6 Ko`c Lsboal o``uob rgpjrt (Mgdgakgr ;889 tj Mgdgakgr ;88
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Jkfgdtlvg 46 Lmg`tlnldotlj` jn teg Orgos/Xrjmudts njr NuturgIrjwte jn Lsboald Ko`cl`i l` Xoclsto`
]eg rgdg`t drlsls l` teg wgstgr` nl`o`dlob aorcgts eos ilvg` o kli kjjst tj teg
oddgptoklblty o`m prjajtlj` jn Lsboald Ko`cl`i os o ajrg stokbg o`m prodtldob systga
teo` lts dj`vg`tlj`ob dju`tgrport. ]eg dj`slstg`tby elie irjwte trg`ms gxelkltgm ky teg
Lsboald ko`cl`i l`mustry jvgr teg bost ngw ygors ls l`mldotlvg jn irjwl`i oddgptoklblty jn
Lsboald nl`o`dg os o djaagrdlob jptlj` njr teg mlnngrg`t stocg ejbmgrs.
Ejwgvgr, lt eos kgg` `jtgm teot teg LKLs nl`o`dl`i ls dj`dg`trotgm l` o ngw sgdtjrs blcg
tgxtlbg, degaldob & peoraodgutldob o`m l`mlvlmuobs. ]eg dj`dg`trotlj` l` o ngw sgdtjrs
lapblgs dj`dg`trotlj` jn rlsc os wgbb. Njr l`sto`dg, teg blcgby mlstrgss tj tgxtlbg sgdtjr mug
tj gxpgdtgm eliegr djttj` prldgs (rgsubtl`i nrja bjssgs l` aosslvg nbjjml`i l` teg
dju`try) aoy omvgrsgby onngdt teg tgxtlbg sgdtjr o`m lts nl`o`dlgrs. ]eg Lsboald Ko`cl`i
l`mustry teus, eos tj mlvgrslny lts prjmudt alx ky njdusl`i j` orgos wegrg lt eos
djaporotlvg omvo`toig jvgr teg dj`vg`tlj`ob systga.
L` Xoclsto`, tegrg org `uagrjus orgos/prjmudts welde djubm kg njdusgm o`m gxpbjltgm
ajrg tj odelgvg nuturg irjwte jn Lsboald ko`cl`i jvgr egrg, sjag jn welde org os
njbbjws6
4.? Xrjvlml`i Ko`cl`i Nodlblty tj Borig W`-Ko`cgm Xjpubotlj`
Xoclsto` wlte o pjpubotlj` jn ?98-?58 albblj` pgjpbg,
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o sli`lnldo`t prjpjrtlj` jn welde ls obsj nolte sg`sltlvg, ls ovolbokbg njr LKLs tj jnngr
Teorloe djapblo`t nl`o`dlob sgrvldgs.
4.; Xrjvlml`i Tgrvldg tj Borig W`-Tgrvgm Oirldubturg Tgdtjr
Oirldubturg ls strotgildobby o` lapjrto`t sgdtjr njr teg gdj`jay jn Xoclsto`, eovl`i o
;8% seorg jn IMX o`m o aofjr sjurdg jn blvgblejjm njr >7% jn teg dju`trys pjpubotlj`
blvl`i l` rurob orgos. (Gdj`jald Turvgy jn Xoclsto` ;88
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dju`try tjigtegr wlte gnngdtlvg aorcgtl`i jn Lsboald ko`cl`i os jnngrl`i Teorloe
djapblo`t rgtur`s tj teg mgpjsltjrs.
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DEOX]G[ ^
[GTWB]T O@M DJ@DBWTLJ@T
?. [gsub ts o`m Dj`d bus lj`s jn Jkfgdt lvg?
Jkfgdtlvg ? jn prgsg`t stumy ls tj nl`m jut teg irjwte prjspgdtus jn Lsboald
Ko`cl`i systga l` Xoclsto`. O`obysls jn teg quortgrby rgpjrts jn teg Ttotg Ko`c jn
Xoclsto` dbgorby mgaj`strotgs teot teg irjwte prjspgdtus jn Lsboald Ko`cl`i systga ls
elieby krliet l` Xoclsto`. Irjwte l` ossgts jn Lsboald ko`cl`i dj`tl`ugs tj surposs teg
irjwte jn ossgts l` dj`vg`tlj`ob ko`cl`i. ]els dj`slstg`tby elie irjwte trg`ms gxelkltgm
ky teg Lsboald ko`cl`i l`mustry l` Xoclsto` jvgr teg bost ngw ygors ls l`mldotlvg jn
irjwl`i oddgptoklblty jn Lsboald nl`o`dg os o vlokbg o`m djapgtltlvg obtgr`otlvg tj teg
dj`vg`tlj`ob systga. Ejwgvgr, tj sustol` teg irjwte ajag`tua, teg Lsboald Ko`cl`i
l`mustry wlbb `ggm tj mlvgrslny lts prjmudt alx ky njdusl`i j` orgos wegrg lt eos
djaporotlvg omvo`toig jvgr teg dj`vg`tlj`ob systga.
;. [gsubts o`m dj`dbuslj`s jn jkfgdtlvg ;
Jkfgdtlvg ; jn tels stumy ls tj djaporg teg irjwte pottgr` jn twj nubb-nbgmigm
Lsboald ko`cs l` Xoclsto`. L` tels dj``gdtlj`, teg nl`o`dlob stotgag`ts jn Aggzo` Ko`c
Btm. o`m Ko`c Lsboal Xoclsto` Btm. njr teg ygors ;889-;885 o`m ;885-;88< wgrg
djaporgm.
Os do` kg `jtgm nrja ]okbgs ^-? tj ^-=, kjte teg ko`cs mjduag`tgm
opprgdlokbg irjwte l` teg jvgrobb rgvg`ugs o`m l`djag l` djrg ko`cl`i odtlvltlgs,
gspgdlobby l` `gt sprgom kgnjrg prjvlslj`s. Ko`c Lsboal l` djaporlsj` tj Aggzo` ko`c
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odelgvgm eliegst pgrdg`toig jn l`djag nrja mgobl`i l` njrgli` durrg`dlgs. Ejwgvgr,
mug tj gxdgsslvg omal`lstrotlvg o`m jtegr gxpg`sgs jwl`i tj kro`de `gtwjrc gxpo`slj`
ky tels ko`c teg ko`c rgdjrmgm bjss ontgr tox. Kjte teg ko`cs obsj sejwgm l`drgosg l`
tjtob ossgts l`dbuml`i Nl`o`dl`i-@gt & l`vgstag`ts o`m tjtob bloklbltlgs l`dbuml`i mgpjslts
o`m jtegr oddju`ts. ]eg Teorg ejbmgrs Gqulty l`dbuml`i rgsgrvgs o`m seorg dopltob wos
eliegr njr Aggzo` Ko`c djaporgm tj teg Ko`c Lsboal.
]okbg ^-?6 Djaporlsj` jn prjnlt & bjss oddju`t jn Aggzo` Ko`c & KO@C LTBOAL njr teg
ygor ;8858>.;)
Mlvlmg`m l`djag (;;.8) @lb
L`djag nrja mgobl`i l` njrgli`durrg`dlgs
?=9.? 5=
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Gor`l`is pgr seorg =8.; 754.4
Tjurdg6 Aggzo` Ko`c& Ko`c Lsboal o``uob rgpjrt (Mgdgakgr ;88< tj Mgdgakgr ;888.4 47.9
Mug nrja nl`o`dlob L`stltutlj`s
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Xrjnlt & Bjss Oddju`t AGGVO@ KO@C KO@C LTBOAL
Irjwte % Irjwte %
Xrjnlt / rgtur` gor`gm j` nl`o`dl`is,l`vgstag`ts o`m pbodgag`ts
=5.9 ?=4.8.;
Omal`lstrotlvg gxpg`sgs = ?8;.9]jtob jtegr gxpg`sgs 74.5 ?8;.7
Xrjnlt ontgr tox (47.7) (=4.8)
Gor`l`is pgr seorg (49.5) (9.9)
Tjurdg6 Aggzo` Ko`c& Ko`c Lsboal o``uob rgpjrt (Mgdgakgr ;889 tj Mgdgakgr ;885)
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]okbg^-=6 Djaporlsj` jn nl`o`dlob pjsltlj`s jn Aggzo` Ko`c & KO@C LTBOAL njr teg
ygor ;88985
Ttotgag`ts Jn Nl`o`dlob Xjsltlj`s AGGVO@ KO@C KO@C LTBOAL
Irjwte % Irjwte %
Mgpjslts ;5.9 ;7.>
Nl`o`dl`i@gt ?=.4 >=.9
L`vgstag`ts 49.< 48.8
Mug nrja nl`o`dlob L`stltutlj`s ?8=.> (.< 4;.?
Klbbs poyokbg (??.4) 4?>.?
]jtob bloklbltlgs ;7.8
[gsgrvgs ?9.; @lbTeorgejbmgrs Gqulty ?8.; 47.8
Tjurdg6 Aggzo` Ko`c& Ko`c Lsboal o``uob rgpjrt (Mgdgakgr ;889 tj Mgdgakgr ;885)
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4. [gsubts o`m Dj`dbuslj`s jn Jkfgdtlvg 4
]eg 4rm jkfgdtlvg jn prgsg`t stumy ls tj lmg`tlny teg orgos o`m prjmudts welde
`ggm tj kg gxpbjltgm tj g`eo`dg teg nuturg irjwte prjspgdtus njr Lsboald Ko`cl`i l`
Xoclsto`.
L` tels rgiorm, njbbjwl`i prjalsl`i orgos o`m prjmudts eovg kgg` lmg`tlnlgm welde
`ggm tj kg gxpbjrgm gxtg`slvgby njr odelgvl`i kgttgr irjwte prjspgdtus njr Lsboald
Ko`cl`i l` Xoclsto`6
O borig aofjrlty jn teg pjpubotlj` l` Xoclsto` ls u`ko`cgm jwl`i tj bjw pg`gtrotlj`
jn teg ko`cl`i systga portlduborby l` rurob/sgal rurob orgos o`m ig`grob mlsblcg jn
Ausblas njr l`tgrgst ([lko). ]eus, o euig u`-toppgm aorcgt, o sli`lnldo`t prjpjrtlj` jn
welde ls obsj nolte sg`sltlvg, ls ovolbokbg njr Lsboald Ko`cl`i systga tj jnngr Teorloe
djapblo`t nl`o`dlob sgrvldgs.
]eg sgdj`m pjtg`tlob orgo njr Lsboald ko`cs tj gxpbjrg ls teg TAG sgdtjr, wegrg Lsboald
ko`cs prgsg`tby eovg fust orju`m ;488 TAG dblg`ts jut jn 4.? albblj` TAGs odrjss teg
dju`try. L` o slalbor woy, Ejusl`i nl`o`dgdjubm kg o`jtegr ottrodtlvg ovg`ug njr Lsboald
ko`cl`i tj gxpbjrg. Ajrtioig bjo`s jn j`by okjut ? pgrdg`t jn IMX suiigst teot o
euig u`-toppgm aorcgt wolts l` tels sgdtjr. L` tels dj``gdtlj` Lsboald Ko`cs do`
mgvgbjp port`grselp wlte Ngmgrob o`m Xrjvl`dlob ijvgr`ag`ts njr kulbml`i bjw djst
ejusl`i sdegags, welde org j` teg odtlvg oig`mo jn kjte ngmgrob o`m prjvl`dlob
ijvgr`ag`ts.
L` ommltlj` tj tels, lt eos kgg` `jtldgm teot teg Lsboald ko`cl`i nl`o`dg ls dj`dg`trotgm l`
o ngw sgdtjrs blcg tgxtlbg, degaldob & peoraodgutldob o`m l`mlvlmuobs. ]eg dj`dg`trotlj`
jn Lsboald ko`cl`i nl`o`dg l` o ngw sgdtjrs lapblgs dj`dg`trotlj` jn rlsc os wgbb. ]eg
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Lsboald ko`cl`i l`mustry teus, eos tj mlvgrslny lts prjmudt alx ky njdusl`i j` orgos
wegrg lt eos djaporotlvg omvo`toig jvgr teg dj`vg`tlj`ob systga. Ajrgjvgr, l`
Xoclsto` >9% jn Lsboald ko`cs nl`o`dl`i ls dj`dg`trotgm l` teg djrpjrotg sgdtjr
terjuie Aurokoeo, Lforoe, o`m Mlal`lsel`i Auseoroco. Os ajst djrpjrotg dblg`ts org
stlbb bjyob wlte teg dj`vg`tlj`ob ko`cs, teg Lsboald ko`cs l` jrmgr tj ottrodt tega, eovg tj
jnngr sli`lnldo`t prldg mlsdju`ts. Yelbg tels aoy laprjvg teg quoblty jn lts nl`o`dl`i
pjrtnjblj, lt ejwgvgr, do` rgmudg prjnlt aoril`s o`m eg`dg do` mgdrgosg lts oklblty tj
jnngr kgttgr rgtur`s tj teg mgpjsltjrs. Ejwgvgr, kgttgr rgtur` tj mgpjsltjrs ls pjsslkbg ln
teg Lsboald Ko`cs gxpo`m teglr sdjpg tj jnngr durrg`t o`m XBT mgpjslts njr nl`o`dl`i
sejrt tgra tromg kosgm odtlvltlgs o`m rgstrldtgm l`vgstag`t oddju`ts njr nl`o`dl`i bj`igr
tgra l`vgstag`t ko`cl`i tro`sodtlj`s. ]els gxpo`slj` l` sdjpg wjubm kg l`struag`tob l`
l`drgosl`i vloklblty jn Lsboald ko`cs, laprjvl`i nl`o`dlob l`dbuslj`, prjajtl`i
g`trgprg`gurlob dubturg, o`m sli`lnldo`tby g`eo`dl`i teg rgtur`s tj mgpjsltjrs.
Nurtegrajrg, os Lsboald nl`o`dg prjajtgs rlsc o`m rgworm seorl`i o`m g`djuroigs
nl`o`dl`i tj prjalsl`i stortups- obtejuie o klt rlsclgr kusl`gss, prjngsslj`ob opprolsob jn
teg vg`turg, o`m dopodlty jn teg g`trgprg`gur tj ao`oig teg vg`turg djubm dj`slmgrokby
bjwgr teg rlsc jn nolburg o`m g`okbg Lsboald ko`cs tj gor` ottrodtlvg rgtur`s teot wlbb obbjw
tega tj poy kgttgr rgtur`s tj teglr mgpjsltjrs.
Os teg bgvgb jn oworg`gss o`m u`mgrsto`ml`i jn Lsboald Ko`cl`i rgaol`s vgry
bjw l` teg dju`try, teg Lsboald ko`cs eovg tj njdus ajrg oiirgsslvgby j` teglr
oworg`gss doapoli` terjuiejut teg dju`try tjigtegr wlte gnngdtlvg aorcgtl`i jn Lsboald
ko`cl`i os jnngrl`i Teorloe djapblo`t rgtur`s tj teg mgpjsltjrs
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=. Nuturg Deobbg`igs njr Lsboald Ko`cl`i & Nl`o`dg
Aofjr deobbg`igs teot Lsboald Ko`cs org nodl`i ibjkobby org l`mldotgm kgbjw6
=.?. Nl`o`dlob L``jvotlj` l` Drltldob Orgos
Xrjirgss jn Lsboald ko`cl`i wlbb mgpg`m j` lts oklblty tj l``jvotg l` teg njbbjwl`i orgos6
Nl`o`dlob l`struag`ts ylgbml`i stokbg l`djag nbjws njr jrpeo`s, wlmjws,
pg`slj`grs o`m jtegr wgocgr sgiag`ts jn teg sjdlgty
Nl`o`dlob l`struag`ts njr aggtl`i ijvgr`ag`ts nl`o`dl`i `ggms
Djvgr jr sgdurlty njr nl`o`dl`i, l` portldubor Teorloe-djapblo`t obtgr`otlvgs njr
pg`obty j` poyag`t mgnoubts
Njraubos njr prldl`i jn Lsboald nl`o`dlob prjmudts
=.; Djapgtltlj`
Lsboald ko`cs sejubm kg rgomy tj krodg `jt j`by l`tro-l`mustry djapgtltlj` kut obsj l`tgr-
l`mustry djapgtltlj` nrja l`tgrgst-kosgm ko`cs. ]eg bottgr org obrgomy jnngrl`i Lsboald
nl`o`dlob prjmudts. ]eg djapgtltlj` ls blcgby tj irjw.
=.4 Alsusg jn Lsboald Ko`cl`i
W`bgss tegrg org gnngdtlvg degdcs o`m aj`ltjrl`i, vgstgm l`tgrgsts aoy usg Lsboald
ko`cl`i tj kyposs teg Oecoa j` rlko. Njr gxoapbg, l` teg gxlstl`i aurokoeoe nl`o`dl`i
ko`cs mj `jt mlrgdtby djag l`tj teg pldturg os kuygrs nrja teg wjubm-kg suppblgrs. ]els
ilvgs mlsej`gst nu`m-sggcgrs o wl`mjw njr igttl`i drgmlt nrja teg ko`c terjuie nldtltljus
purdeosgs.
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=.=. Jtegr Deobbg`igs njr Lsboald Ko`cl`i
G`njrdgag`t jn dj`trodts ls `jt gnngdtlvg.
L`gnnldlg`t systga njr gorby rgdjvgry.
L`gnngdtlvg djmg jn dj`mudt njr prjngsslj`obs.
Mgvgbjpag`t jn Teorloe djapblo`t ijvgr`ag`t sgdurltlgs.
[gsgorde o`m mgvgbjpag`t l` teg nlgbm jn Lsboald nl`o`dg o`m gdj`jalgs.
E[ mgvgbjpag`t o`m trol`l`i tj teg ko`cs stonn j` Lsboald Ko`cl`i o`m Nl`o`dg.
Gmudotlj` o`m pukbld oworg`gss okjut Lsboald nl`o`dlob systga.
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DEOX]G[ ^L
[GDJAAG@MO]LJ@T
?. Ig`grob [gdjaag`motlj` njr Lsboald Ko`cl`i Tystga
]egrg ls o` urig`t `ggm tj l`drgosg teg suppby jn sdejbors wlte muob
spgdloblsotlj` l` Teorloe o`m nl`o`dg. L` jrmgr tj aggt tels `ggm, lt ls
rgdjaag`mgm teot djursgs aoy kg l`trjmudgm njr Teorloe sdejbors l` gdj`jalds
o`m nl`o`dg. Tlalborby, djursgs l` Teorloe gspgdlobby mgsli`gm njr gdj`jalsts
o`m nl`o`dlob gxpgrts aoy kg l`ltlotgm.
;. [gdjaag`motlj`s njr Aggzo` Ko`c o`m Ko`c Lsboald
]eg kro`de `gtwjrc jn kjte Aggzo` Ko`c Btm. o`m Ko`c Lsboal Xoclsto` Btm. ls
borigby dj`dg`trotgm l` kli dltlgs o`m ko`cgm orgos. ]egsg ko`cs `ggm tj njdus
ajrg j` teg u`ko`cgm o`m rurob orgos sj teot o borigr pjpubotlj` do` oddgss
Lsboald ko`cl`i ot teglr mjjrstgps.
Kjte teg Lsboald Ko`cs eovg tj g`djuroig kusl`gssgs terjuie aodrj-gdj`jald
pjbldlgs tj l`drgosg teg usg jn gqulty nl`o`dg o`m mgdrgosg teglr rgblo`dg j` mgkt.
Kjte teg Lsboald Ko`cs eovg tj njdus ajrg oiirgsslvgby j` teglr oworg`gss
doapoli` terjuiejut dju`try tjigtegr wlte gnngdtlvg aorcgtl`i jn Lsboald ko`cl`i
os jnngrl`i Teorloe djapblo`t rgtur`s tj teg mgpjsltjrs.
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4. [gdjaag`motlj`s njr Nurtegr Ttumy
Ttumy tj nl`m jut teg dustjagr oworg`gss o`m sotlsnodtlj` okjut Lsboald Ko`cl`i
Tystga l` Xoclsto` ls rgqulrgm.
Ttumy tj nl`m jut teg woys o`m ago`s ky welde teg blqulmlty prjkbga jn Lsboald
Ko`cl`i do` kg rgsjbvgm
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[GNG[G@DGT
OKMWB FOKKO[ CO[LAL (;88>) Deobbg`igs nodl`i Lsboald ko`cs. Mow`, Kusl`gss,Mgdgakgr 8=, p.?.
ON]OK, A. (?) Xoclsto` ajvgs tj Lsboald ko`cl`i, ]eg Ko`cgr, Fu`g, pp. 79->8
OB-FO[EL A.O & AW@OYO[ L_KOB (;88?) Durrg`t prodtldgs l` Lsboald ko`cl`i, KjkAdMjwobb,LG=D Xukblsegm6?>teFu`g ;88= Djpyrliet LG=D ;88=
O[LN, AWEOAAOM (?
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CEO@, E. (;887) Lsboald ko`cl`i6 Egrg tj stoy Corodel. Xoclsto` Iubn o`m Gdj`jalst,
^jb.UUL^, @j. 44, pp. 95.
CEO@, A.O. (?
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X[JD]J[, M. (?