2018 - Prog Teoria y Politica Educacional Ruiz

 

!"#$%&'#()( (% +,%"-' .#&%' /)0,>8)( (% 1%&%0:6&-,0#;" 72 @N HHAAJFA 7)&L) :-&)&#) 8-8)> (% >) )'#L")8,&)G DF :-&)' J 7)&L) :-&)&#) '%E)")>G AOHF :-&)' .M- IFCK B=&#E%& P '%L,"(- 0,)8&#E%'8&%^

X?Q3Z. V 6Q\ZXW7. ?1!7.7WQ@.\ 63QT3.U.

6&-('#&$% >$8 1+-:$%-+'>- $# 6($#,('% (,'% $# $8 ,-#-,(.($#&- %(%&$.4&(,- >$ 8' $>*,',(0# ,-.- :$#0.$#- %-,(-5 ?(%&0+(,- = /-87&(,- ' $:$,&-% >$ 9*$ /-%$'# 8-% %'3$+$% #$,$%'+(-% ',$+,' >$ 8' $>*,',(0# = >$8 %(%&$.' $>*,'&(;- /'+' $8 $2$+,(,(- >$ %* /+4,&(,' /+-:$%(-#'8@ N$ $%&' .'#$+'H ,*'89*($+' %$' $8 #(;$8 * -+($#&',(0# >$8 %(%&$.' $# 8' ,*'8 $8 :*&*+- 1+-:$%-+ $# 6($#,('% (,'% ;'=' ' >$%$./$A'+%$ /+-:$%(-#'8.$#&$H %$ $%/$+' 9*$ '8 :(#'8(J'+ $8 ,*+%'>- >$ $%&' '%()#'&*+' &$#)' *# ,-#-,(.($#&- ,+7&(,- >$ 8' $>*,',(0# = >$8 %(%&$.' $>*,'&(;-H >$ %* ?(%&-+(' = ,-#:-+.',(0# +$,($#&$@ F' 1-87&(,' ">*,',(-#'8H ,-.- >(%,(/8(#' >$#&+8'% ,($#,('% >$ 8' $>*,',(0#H '8$%&*>(' 8' )-3$+#'3(8(>'> >$ 8' $>*,',(0# :-+.'8H $% >$,(+H>$,0.%$ -+($#&' = >(+$,,(-#' %(%&$.' $>*,'&(;- :-+.'8@ "# $%&$ $#:-9*$ %$ ,-8-,' '8 "%&'>- ,-.- ',&-+ ,$#&+'8 ' /'+&(+ >$ 8' >$:(#(,(0# >$ 8'% /-87&(,'% 9*$ ':$,&'# ' 8-% %(%&$.'% $%,-8'+$% = ' 8-% /+-,$%-% $>*,'&(;-%H >$#&+- >$ *#' :-+.',(0# ?(%&0+(,' $# /'+&(,*8'+@ "# 8' ',&*'8(>'> %* >$%'++-88-H '8 .$#-% ,-.- '9*7 %$ 8' /8'#&$'H ,-#&$./8' $8 '#48(%(% >$ 8' ,$#&+'8(>'> 9*$ '>9*($+$# #*$;-% :$#0.$#-% %-,('8$% 9*$ ':$,&'# $8 -32$&- >$ $%&*>(- >$ 8' 1-87&(,' ">*,',(-#'8H &'8$% ,-.-L 8-% /+-,$%-% >$ +$:-+.' >$ 8-% %(%&$.'% #',(-#'8$% >$ $>*,',(0# ,+$'>-% ' :(#$% >$8 %()8- GDG 3'2- $8 /'+'>().' >$8 "%&'>N-,$#&$ = 8' ;(%(0# >$,(.-#0#(,' >$ ,(*>'>'#7'E 8-% /+-,$%-% >$ &+'#%#',(-#'8(J',(0# >$ 8' $>*,',(0# = >$ (#&$)+',(0# $>*,'&(;' $#&+$ %(%&$.'% #',(-#'8$% >(:$+$#&$%H ,-.- /'+&$ >$ 8-% /+-,$%-% >$ (#&$)+',(0# +$)(-#'8 >$ '8)*#-% /'7%$%H = $8 ,-#%$,*$#&$ %*+)(.($#&- >$ #*$;-% .$,'#(%.-% >$ +$)*8',(0# 9*$ &+'%;'%'# 8-% >(%/-%(&(;-% #-+.'&(;-% >$ 8-% $%&'>-% #',(-#'8$%H /-+ .$#,(-#'+ '8)*#-% $2$./8-%@ "# $8 $#:-9*$ '9*7 '>-/&'>- %$ /+-/-#$ $8 $%&*>(- >$8 >$%'++-88- ?(%&0+(,- >$8 %(%&$.' $>*,'&(;'+)$#&(#- ' /'+&(+ >$ 8'% >(:$+$#&$% /-87&(,'% $>*,'&(;'% 9*$ %$ /+-/*%($+-# = $2$,*&'+-#H >$&$+.(#'#>- >(+$,,(-#'8(>'>$% /'+&(,*8'+$% $# %* ,-#:-+.',(0#@ 1'+' $88- %$ '#'8(J' '8 %(%&$.' $>*,'&(;- #',(-#'8H = %$ *&(8(J' ,-.- $#,*'>+$ '#'87&(,- '8)*#'% >$ 8'% ?$++'.($#&'% 9*$ %$ ?'# >$%'++-88'>- >$%>$ 8' /-87&(,' $>*,',(-#'8 /'+' $%&*>('+ $8 +-8 >$8 "%&'>- $# 8' $>*,',(0# >$%>$ *#' /$+%/$,&(;' ?(%&0+(,'@ "#&+$ >(,?'% ?$++'.($#&'% /*$>$# .$#,(-#'+%$L 8'% 3'%$% ,-#%&(&*,(-#'8$%H 8' 8$)(%8',(0#H 8' -+)'#(J',(0# (#%&(&*,(-#'8 >$8 %(%&$.' $>*,'&(;-H 8' $%&+*,&*+' ','>O.(,'H $8 ,*++7,*8*.H 8' $M/'#%(0# = >(%&+(3*,(0# ,*'#&(&'&(;' >$ 8' $>*,',(0#H $8 :(#'#,('.($#&-H 8' /8'#(:(,',(0# = 8' $;'8*',(0# >$ 8' ,'8(>'>@ "# $%&$ %$#&(>- %$ $:$,&I' $8 $%&*>(- >$ 8' $;-8*,(0# >$8 %(%&$.' $>*,'&(;- '+)$#&(#- = >$ 8-% /+-,$%-% $>*,',(-#'8$% (#%&(&*,(-#'8(J'>-% '%7 ,-.- >$ 8'% +$)*8',(-#$% $:$,&*'>'% ' &+';O% >$ 8'% /-87&(,'% /I38(,'%@ "# ,'>' /$+7->- ?(%&0+(,- %$ ,-#%(>$+'# 8'% ?$++'.($#&'% >$ 8' /-87&(,' $>*,',(-#'8 ,-.- :-+.' >$ '#'8(J'+ ' 8' $>*,',(0# = ?',($#>- O#:'%(% $# $8 $%&*>(- >$ 8'% 3'%$% 8$)'8$% >$8 %(%&$.' $>*,'&(;-H $#&$#>(>'% O%&'% ,-.- $M/+$%(0# >$8 >(%$A- = $2$,*,(0# >$ 8'% /-87&(,'% >$8 "%&'>- &$#>$#&$% ' 8' >$8(.(&',(0# >$ :*#,(-#$% = ,'+',&$+7%&(,'% >$ 8'% (#%&(&*,(-#$% $>*,'&(;'%@ N$ $%&' .'#$+' %$ /8'#&$' +$'8(J'+ *# '#48(%(% ?(%&0+(,- >$8 >$%'++-88- >$8 %(%&$.' $>*,'&(;'+)$#&(#- >'>- 9*$ %$ ,-#%(>$+' $%$#,('8 '>-/&'+ 8' ?(%&-+(,(>'> ,-.- $2$ >$ ,-#%&+*,,(0# >$ 8'  

>

 

/+-/*$%&' >(>4,&(,' /'+' $%&' '%()#'&*+'@ "88- /$+.(&(+4 '%$#&'+ $%&' /+-/*$%&' %-3+$ 8' 3'%$ >$8 ,-#-,(.($#&- ?(%&0+(,- ' $:$,&-% >$ >$%#'&*+'8(J'+ 8'% ,-#>(,(-#$% $# 8'% 9*$ %$ >$%'++-88' 8' $>*,',(0# ,-#&$./-+4#$'H $# )$#$+'8H = 8' /+4,&(,' >-,$#&$ '+)$#&(#'H $# /'+&(,*8'+@ C(#'8.$#&$H %$ +$'8(J' *#' '/+-M(.',(0# ' 8-% >$3'&$% = /+-38$.'% ',&*'8$% >$ 8' $>*,',(0# '+)$#&(#'@ "# $%&$ %$#&(>- %$ +$&-.'# >$ :-+.' (#&$)+'>-+' 8'% ,'&$)-+7'% '#'87&(,'% $%&*>('>'% /'+' '#'8(J'+ 8' %(&*',(0# ,-#&$./-+4#$' >$ 8' $>*,',(0# '+)$#&(#'@ 1'+' $88- %$ >$3$+7'# $%&*>('+ 8'% ,*$%&(-#$% >$ 8' ')$#>' $>*,'&(;' ,-#&$./-+4#$' = 8'% :*#,(-#$% 9*$ >$%>$ >(;$+%-% %$,&-+$% = /-%&*+'% /-87&(,'% %$ 8$ -&-+)' ' 8' $>*,',(0# = '8 %(%&$.' $>*,'&(;'+)$#&(#-@ "# %*.'H %$ (#&$+/+$&' 9*$ $%&' '%()#'&*+' &($#$ *#' *3(,',(0# .*= (./-+&'#&$ >$#&+- >$8 /8'# >$ $%&*>(-% >$8 1+-:$%-+'>- $# 6($#,('% (,'% >$3(>- ' 9*$ (#&+->*,$ ' 8-% $%&*>('#&$% '8 ,-#-,(.($#&- >$ 8' $>*,',(0#@ F-% $%&*>('#&$% /->+4# $%&*>('+ ,0.- 8' $>*,',(0#H ' 8' ;$J 9*$ $% ':$,&'>' /-+ 8'% &+'#%:-+.',(-#$% %-,('8$%H %$ ,-#%&(&*=$ &'.3(O# $# -32$&- >$ /-87&(,'% /I38(,'% = ',,(-#$% $%/$,7:(,'% >$%>$ $8 "%&'>- /'+' %* +$)*8',(0# = >(+$,,(-#'.($#&-@  K ,-#&(#*',(0#H %$ >$:(#$# 8-% /+-/0%(&-% >$ $#%$A'#J' B>$#-.(#'>-% -32$&(;-% )$#$+'8$% %$)I# 8' #-+.'&(;' >$ 8' C',*8&'> >$ N$+$,?-P = 8-% -32$&(;-% >$ '/+$#>(J'2$ B>$#-.(#'>-% -32$&(;-% $%/$,7:(,-% >$ ',*$+>- ,-# >(,?'% +$)*8',(-#$% >$ 8' ^#(>'> K,'>O.(,'PH ,-.- &'.3(O# $8 $#,*'>+$ >(>4,&(,-H /'+' $8 >$%'++-88- >$ 8-% ,-#&$#(>-% .7#(.-% $%&'38$,(>-% $# $8 /8'# >$ $%&*>(-%@

Q+4?XWYQ2 T?@?3.\?2G !

!

  C',(8(&'+ $8 '+)$#&(#'@ '#48(%(% ,+7&(,- >$ 8-% /+(#,(/'8$% >$3'&$% /$>')0)(,-% = /-87&(,-% ',$+,' >$ 8' $>*,',(0#   "%&'38$,$+H >$%>$ *#' /$+%/$,&(;' ?(%&0+(,'H +$8',(-#$% $#&+$ 8'% &$-+7'% /$>')0)(,'% = 8' +$'8(>'> $>*,'&(;' #',(-#'8@

Q+4?XWYQ2 ?26?7Z/W7Q2G ! !

! !

  N$%'++-88'+ ?$++'.($#&'% ,-#,$/&*'8$% ;(#,*8'>'% ,-# 8' /$>')-)7' = 8' /-87&(,' $>*,',(-#'8@   D>$#&(:(,'+H ' 8- 8'+)- >$ 8' ?(%&-+(' '+)$#&(#'H 8-% .$,'#(%.-% *&(8(J'>-% /-+ $8 "%&'>#',(-#'8 /'+' >$&$+.(#'+ 8'% /-87&(,'% $>*,'&(;'% (./8$.$#&'>'%@   "%&'38$,$+ +$8',(-#$% $#&+$ 8'% &$-+7'% $>*,'&(;'% = $8 ,-#&$M&- $>*,'&(;- '+)$#&(#-@   K>9*(+(+ ,'&$)-+7'% ,-#,$/&*'8$% 9*$ 8$% /$+.(&'# >(%&(#)*(+ = '#'8(J'+ 8'% ,-++($#&$% /-87&(,$>*,'&(;'% 9*$ %(+;'# >$ 3'%$ /'+' 8' *8&$+(-+ /+4,&(,' >-,$#&$@

7Q@X?@W1Q2G 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 

8

 

+#9>#-L&)#L)8-&#)G 5 \WKTFKUT_]H 6@ BXQYZP@ !" $%&'(%)%*"'%+* ,$-'".%/" ,* 0" >(8,*.%*" @ \*$#-% K(+$%L CFK6TS@ 5 6SFS[H K@H NS[R`n^"hH "@ a TKWWK[S`KH (8,*.%*" $, ?$-'"'%+* H KA- DDH `c i@ K%-,(',(0# >$ n+'>*'>-% >$ 6($#,('% >$ 8' ">*,',(0#@ \*$#-% K(+$%@ +#9>#-L&)%08#$)G 5 6KW\S`"FF T"\KWWS8-"4-,(.,  >8-"4,(.,H `c jH \*$#-% K(+$%@ 5 fDWT6fH N@ a WDSH U@ BjVXZP@ o$-+7'% >$ 8' +$/+->*,,(0# = &$-+7'% >$ 8' +$%(%&$#,('L *#' +$;(%(0# >$8 >$3'&$ /$>')0)(,- >$%>$ 8' /$+%/$,&(;' .'&$+('8(%&'@ 1:(: $, ?$-'"'%+* H Xi BXYPH //@ gQ5QX@ ?&&/Lmm:-+->$$>*,',(-#@,-.m-2%m(#>$M@/?/m:>$m'+&(,8$m;($bmijV   5 D]K`nK 1"`NDH K@ BXQQYPH !" ,$-'"'%+* ':*.,)7:($ 8' $%,*$8'@ "# FS\WSoH [@H 9,$"8:83" %*&.%.-'%:*"05 !" 5 FS\WSoH ,&'-,0" @"'%" 0" "-.:8,&.%+* @ \*$#-% K(+$%L f*.'#(&'%@ 5 STT"`\K6f TK^o"WH TK^o "WH n@ BjVVjP@ nO#$%(% >$ 8-% %(%&$.'% #',(-#'8$% $# $8 .*#>- -,,(>$#&'8@ "# oDK`K C"WW"WH K@ $&@ '8@H G%&.:(%" $, 0" ,$-'"'%+* D?$"$ J:*.,)7:($ 8' $>*,',(0#@ "# 1pW"h nq["hH K@ a nD["`S TK6WDTok`H (,(-#$% [-+'&'@ 5 1^"FF"T \"`Ro"hH [@ BjVVVPL "%&'>-H /-87&(,'% = $>*,',(0#@ J-"$,(*:& $, 0" I?A C ?$-'"'%+* J:)7"("$"H `c d@ ['>+(>@ 5 r^D`oK`K 6K\K`KTH +(>L N=s(#%-#@ 5 WK[RW"hH C@ a \SFDH $ 8' "%,-8'+(J',(0# >$ ['%'%L %*% -+7)$#$% $*+-/$-% = %* (#%&(&*,(-#'8(J',(0# .*#>('8@ "# C"W`k`N"h "`n^DoKH [@H F:'%:0:83" $, 0" ,$-'"'%+*@ \'+,$8-#'L K+($8@ 5 oWtfF"WH N@ a F"`hH o@ BjVXZP@ L("O,'.:(%"& $,0 $,&"((:00: $, 0:& &%&.,)"& ,$-'".%/:& ):$,(*:&5 ?*.(, 0: *"'%:*"0 O 0: 80:6"05 \'+,$8-#'L S,&'$>+-@ F%&.,)"& ,$-'".%/:&K '-0.-("& ,&':0"(,& O (,4:()"& 5 UDuKSH K@ BjVVjP@ @ ['>+(>L [-+'&'@ hKFNRUKWH #") N$:(#(,(-#$% $# &-+#- ' 8' /-87&(,' $>*,',(-#'8 ,-.- >(%,(/8(#' >$#&+- >$ 8'% ,($#,('% >$ 8' $>*,',(0#L $#:-9*$% = 4+$'% >$ $%&*>(- %$)I# /$+7->-% ?(%&0+(,-%@ F-% (#%&+*.$#&-% $./8$'>-% >$%>$ $8 "%&'>- /'+' 8' ,-#%&+*,,(0# = $2$,*,(0# >$ 8'% /-87&(,'% $>*,'&(;'%@ +#9>#-L&)#L)8-&#)G 5 1KUDnFDK`DoDH `@ BXQQQP@ K/+-M(.',(-#$% '8 >$%'++-88- ?(%&0+(,- >$ 8' /-87&(,' $>*,',(-#'8@ "# 1%'@"& $, J- >$ 6*8&*+' ",-#0.(,'@ 6KWWH N@ BjVVZP@ ?0 &,*.%$: $, 0" ,$-'"'%+*5 2*" %*.(:$-''%+* " 0" 4%0:&:43" O " 0" .,:(3" $, 0" ,$-'"'%+* O $, 0" ,*&,M"*=" @ \'+,$8-#'L n+'0@ 6KTTK`DH '@ F^h^WDKnKH F@ BXQZYP@ 9,$"8:83" &:'%"0 O 7:03.%'"@ \*$#-% K(+$%L F-%'>'@ [K`oSUK`DH $.(' `',(-#'8 >$ ">*,',(0#@ " >*,',(0#@ 1^"FF"T \"`Ro"hH [@ BjVVdP@ ?0,),*.:& $, 7:03.%'" $, 0" ,$-'"'%+* @ ['>+(>L ^`"N@ WDUKWSFKH f@ a N"`K`DH N@ BXQgXP@ 9:03.%'" ,$-'"'%:*"0 @ \*$#-% K(+$%L _'/$8*%J@

2?T!@1. 6.3X? ?> (%')&&->>- :#'8;�- (%> '#'8%E) %(,0)8#$- )&L%"8#"!"#()( WWWS 1#'0#=>#")E#%"8- P "-&E)>#_)0#;"G >) 0-"*,',(0#@ >$+$,?- 'F'8'$>*,',(0# $>*,',(0#$#$# $8 /$+7->- >$ :*#>',(0# %(%&$.' $>*,'&(;- >$ '+)$#&(#-@ 1+(#,(/'8(>'> >$8 "%&'>- = 8' $;-8*,(0# ?(%&0+(,' >$ 8' $>*,',(0# /+(;'>'@ F' -+)'#(J',(0# (#%&(&*,(-#'8L >(%&+(3*,(0# >$ '&+(3*,(-#$% $#&+$ $8 )-3($+#- #',(-#'8 = 8'%  2*+(%>(,,(-#$%@ F' $%&+*,&*+' $% &+*,&*+' ','>O.(,' >$8 >$ 8 %(%&$.' $>*,'&(;-@ "8 >$3'&$ /$>')0)(,- /+$>-.(#'#&$ $# $8 /$+7->- :*#>',(-#'8 >$8 %(%&$.' $>*,'&(;- #',(-#'8L 8'% >(%/*&'% $#&+$ $8 8(3$+'8(%.- ,84%(,- = 8' D)8$%(' ',$+,' >$ 8' /+$%&',(0# >$ 8' $>*,',(0#@ "8 >$%'++-88- >$8 ,'./- /+-:$%(-#'8 >$ 8' >-,$#,('L #-+.'8(%.-H /+-:$%-+'>- = *#(;$+%(>'>$% $# $8 >$3'&$ /$>')0)(,- >$ :(# >$8 %()8- GDG = /+(#,(/(-% >$8 %()8- GG@

+#9>#-L&)#L)8-&#)G 5 1KUDnFDK`DoDH `@ BXQQiP@ ?0 $,(,'@: " 0" ,$-'"'%+*P -*" ':*&.(-''%+* @%&.+(%'" 7:0;)%'" @ \*$#-% K(+$%L S1C]F@ 5 W^DhH n@ BjVXjP@ !" ?&.(-'.-(" "'"$;)%'" "(8,*.%*"5 2* "*+' ?/:0-'%+* $,0 &%&.,)"K(+$%L ,$-'".%/: "(8,*.%*: $,&$, ,0 %*%'%: $, :(8"*%="'%+* %*&.%.-'%:*"0 @"&." ),$%"$:& $,0 &%80: HHP 0,8%&0"'%+*K ,&.(-'.-(" "'"$;)%'"K ,Q7"*&%+* O ':6,(.-(" '-"*.%.".%/"@ [(.$-@ 5 N-,*.$#&- >$ 64&$>+' `c jL 9(,&%$,*'%"& *"'%:*"0,& $, 0" >(8,*.%*"@ [(.$-@ 5 N-,*.$#&- >$ 64&$>+' `c dL !,8%&0"'%+* ,$-'".%/" @%&.+(%'" O /%8,*., @ [(.$-@

+#9>#-L&)%08#$)G 5 KF6SWoKH K@ BXQXgE Xv $>(,(0# XYYgP@ !" %*&.(-''%+* &,'-*$"(%"@ \*$#-% K(+$%L F' 6*8&*+'  K+)$#&(#'@ 5 KWKoKH `@ a K]^TSH [@ F@ BjVVlP@ w6-#:8(,&-%H &$#%(-#$% = :+',&*+'% >$8 %(%&$.' $>*,'&(;'+)$#&(#-L &+$% /$+%/$,&(;'% %-3+$ 8' F$= F'7#$Jx "# KKUUL > '%,* "M:& $, 0" !,O !'> K+)$#&(#' >$ f(%&-+(' >$ 8' ">*,',(0# m [(#(%&$+(- >$ ">*,',(0#H 6($#,(' = o$,#-8-)7' >$ 8' `',(0#@ 5 \WKUSH f@ C@ BjVVZP@ Z"&,& ':*&.%.-'%:*"0,& $, 0" ,$-'"'%+* "(8,*.%*" @ \*$#-% K(+$%L C',*8&'> >$ C(8-%-:7' = F$&+'% >$ 8' ^\K@  

:

 

5 \WKUSH f@ C@ BXQYiP@ wF' %*3%(>('+($>'> >$8 "%&'>- $# $8 4+$' >$ $>*,',(0#x@ "# \+';-H f@ C@H ?$-'"'%+* 7:7-0"( @ \*$#-% K(+$%L 6"KF@ 5 6DWDKH K@ a TK`n^D`"ooDH f@ BjVVgP@ !" (,4:()" -*%/,(&%."(%" DV\VW TU__]E@ T'#&' C$L ^#(;$+%(>'> `',(-#'8 >$8 F(&-+'8@ 5 NKUD`DH [@ 6@ BXQQgP@ !" 4:()"'%+* $:',*., ,* '-,&.%+*@ \*$#-% K(+$%L 1'(>0%@ 5 ND_"WH n@ a T"WWKH $8 6\6 >$ 8' ^\K e CFK6TS@ 9:*.%43'%"& VWY_ T V\S_ @ 5 "`6D6FD6K NDUD`D DFFD^T [KnDToWD@ ?*'3'0%'"& 9:*.%43'%"& 5 C"W`k`N"hH [@H F"[STH [@ a yDuKWH N@ BXQQlP@ !" >(8,*.%*" 4("8),*."$"5 ?0 '"&: $, 0" ,$-'"'%+*@ \*$#-% K(+$%L [(A- = N4;(8'@ 5 nKFFSH "@ BjVVYP@ [%$"K 0%6,(."$K 7(:7%,$"$P N,40,Q%:*,& ,* .:(*: "0 0%6,("0%&): '0 >$ C(8-%-:7' = F$&+'% >$ 8' ^\K@ 5 SThFK_H S@ BXQYjP@ !" 4:()"'%+* $,0 ?&."$: >(8,*.%*: @ \*$#-% K(+$%L ">(&-+('8 >$ \$8)+'#-@ 5 1D`_KThH N@ BXQQVP@ !:& :(38,*,& $,0 7(:4,&:("$: &,'-*$"(%: ,* 0" >(8,*.%*"5 \*$#-% K(+$%L CFK6TS@ 5 1SWoK`oD"WSH (,(0#P@ ?&.-$%"*.,& O 7:03.%'" ,* >);(%'" !".%*"5 V\VWXV\YW5 ?0 7(:',&: $, 0" N,4:()" 2*%/,(&%."(% 2*%/,(&%."(%" "@ [OM(,-L T()8- GGD@ ':*.,)7:();(%'" !".%*"5 \*$#-% K(+$%L ^`"T6S51`^N56"1KF@

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

+#9>#-L&)#L)8-&#)G 5 nKFUK`DH U@ BXQQVP@ [(+'#>- '8 QjH $8 :(# >$ *#' *&-/7' $>*,'&(;'L $8 >$%'++-88(%.- $# K.O+(,' F'&(#'@ N,/%&." $, ?$-'"'%+* $, 0" 2*%/,(&%$"$ J:)70-.,*&, $, ^"$(%$ H U-8*.$# DH `v i@ ['>+(>L ^6[@ 5 _K^CC[K`H 6@ BXQQdP@ !" )%0%."(%="'%+* $,0 &%&.,)" ,$-'".%/:@ 6-#,$/,(0# >$8 ^+*)*'=L ^`"W@ [(.$5 1KUDnFDK`DoDH `@ BXQYYP@ B%"8*+&.%': $, 0" "$)%*%&.("'%+* ',*.("0 $, 0" ,$-'"'%+*5   \*$#-%  K(+$%L ["=$ 64&$>+' `c iL ?/:0-'%+* $,0 &%&.,)" ,$-'".%/: "(8,*.%*: $,&$, ),$%"$:& $,0 &%80: HH @"&." 0" $;'"$" $;'"$ " $, V\W_P :(8"*%="'%+* %*&.%.-'% %*&.%.-'%:*"0K :*"0K ,&.(-'.-(" "'"$;)%'"K ,Q7"*&%+* O ':6,(.-(" '-"*.%.".%/"@

+#9>#-L&)%08#$)G  

6

 

5 \WKTFKUT_]H 6@ BXQYZP@ !" $%&'(%)%*"'%+* ,$-'".%/" ,* 0" >(8,*.%*" @ \*$#-% K(+$%L CFK6TS@ 5 C"W`k`N"hH [@H F"[STH [@ a yDuKWH N@ BXQQlP@ !" >(8,*.%*" 4("8),*."$"5 ?0 '"&: $, 0" ,$-'"'%+*@ \*$#-% K(+$%L [(A- = N4;(8'@ 5 CD`_"FH T@ BXQlYP@ "8 6'/(&'8 f*.'#-L 6-#,$/&- D>$-80)(,-@ "# UKWDST K^oSW"TH !" ,$-'"'%+* 6-(8-,&"@ [OM(,-H NCL `*$;' D.')$#@ 5 nSF\"WoH F@ BXQYYP@ "8 y$8:'+$ y$8:'+ $ T&'&$ ' 8' 6+(-88'@ N,/%&." J%-$"$ 1-.-("H `c Xj@ \*$#-% K(+$%@ 5 nWK6DKW"`KH $ $>(&-+@ ,$-'" '%+* 7`60%'"P 0" (,4:()" ,$-'".%/" 5 [D`o"n^DKnK nKWK\K`H K@ BjVVQP@ !: 7`60%': $, 0" ,$-'"'%+* $, 0:& *:/,*." ,* 0" >(8,*.%*" @ [OM(,-L CFK6TS@ 5 1KUDnFDK`DoDH `@ BXQQiP@ ?0 $,(,'@: " 0" ,$-'"'%+*P -*" ':*&.(-''%+* @%&.+(%'" 7:0;)%'" @ \*$#-% K(+$%L S1C]F@ 5 1D6SH $ f(%&-+(' = F(&$+'&*+' >$ 8' ^#(;$+%(>'> >$ f'+;'+>E %m:@ 5 W"D`H W@ BXQQYP@ 9,(:*%&):K 7:7-0%&): O 7:03.%'"5 >(8,*.%*" V\RYXV\SS @ \*$#-% K(+$%H ">(&-+('8 >$ \$8)+'#-@ 5 W^DhH n@H 6KN"WSTTSH [@H [KWDK`DH [@ a T6fSSH T@ BjVXXP@ F' $%&+*,&*+' ','>O.(,' >$8 %(%&$.' $>*,'&(;- &+'#%:-+.'>'L 8' -+)'#(J',(0# >$ 8' $>*,',(0# &O,#(,'@ 1$+7->- XQZZ e XQgl@  >*-"(%: $, A*/,&.%8"'%:*, A*/,& .%8"'%:*,& & $, 0" 1"'-0."$ $, 9&%':0:83" $, 0" 2Z>K [:0-),* H[AA @ \*$#-% K(+$%L C',*8&'> >$ 1%(,-8-)7' >$ 8' ^\K@ 5 W^DhH n@ a [K^6"WDH [@F@ BjVXVP@ F' :(#'8(J',(0# >$ 8' $>*,',(0# /+(.'+(' #',(-#'8@ F-% I8&(.-% 'A-% >$ 8' ',,(0# >(+$,&' >$8 "%&'>- #',(-#'8 $# 8' $>*,',(0# /+(.'+('@ 1$+7->- XQgXe XQlY@ >*-"(%: $, 0" F:'%,$"$ F:'%,$ "$ >(8,*.%*" $, G%&.: G%&.:(%" (%" $, 0" ?$-'"'%+* H `v XV@ \*$#-% K(+$%L TKf" m5 1+-.$&$-@ W^DhH n@H [^DuSTH 6@H W^DhH [@ 6@ a T6fSSH T@ BjVVQP@ F' $%&+*,&*+' ','>O.(,' >$8 %(%&$.' $>*,'&(;- &+'#%:-+.'>'L 8' (./+-#&' >$8 /$+-#(%.-@  >*-"(%: $, A*/,&.%8" A*/,&.%8"'%:*,& '%:*,& $, 0" 1"'-0."$ $, 9&%':0:83" $, 0" 2Z>K [:0-),* H[A @ \*$#-% K(+$%L C',*8&'> >$ 1%(,-8-)7' >$ 8' ^\K@ 5 T6f^FohH o@ y@ BXQljP@ D#;$+%(0# $# 6'/(&'8 f*.'#-@ "# \FK^nH [@H ?':*:)3" $, 0" ,$-'"'%+*@ ['>+(>L ">(&-+('8 o$,#-%@ 5 o"N"T6SH (8,*.%* " V\n] V\n]XV\WY XV\WY @ \*$#-% K(+$%L CFK6TS@

X?37?3. 6.3X? 2#'8%E) %(,0)8#$- )&L%"8#"- %" >) )08,)>#()(   !"#()( YS ?> (%9)8% =%()L;L#0- 0-"8%E=-&`"%- P ', #"0#(%"0#) %" >) .&L%"8#")S ?> =&#E%& 0#0>- (% &%$8 "%&'>$# .'&$+(' $>*,'&(;' = 8' +$,-#,$/&*'8(J',(0# >$8 >$+$,?- ' 8' $>*,',(0#@ F' (#,(>$#,(' >$ 8-% -+)'#(%.-% (#&$+#',(-#'8$% $# 8'% /+-/*$%&'% >$ +$,-#;$+%(0# >$8 %(%&$.' $>*,'&(;-@ "8 $%9*$.' /'+' $8 )-3($+#- = '>.(#(%&+',(0# >$8 %(%&$.' $>*,'&(;- '+)$#&(#- ' /'+&(+ >$ 8' >O,'>' >$ XQQV@ F' %(&*',(0# %$)I# 8-% #(;$8$% >$8 %(%&$.'@ F' 8$)(%8',(0# $>*,'&(;' >$8 /+(.$+ ,(,8- >$ +$:-+.'%L F$= o+'#%:$+$#,(' ">*,'&(;'H F$= C$>$+'8 >$ ">*,',(0#H F$= >$ ">*,',(0# T*/$+(-+@ 6-#%$,*$#,('% $# 8' -+)'#(J',(0# (#%&(&*,(-#'8H ,*++(,*8'+ = $# 8' $%&+*,&*+' ','>O.(,' >$8 %(%&$.' $>*,'&(;- '+)$#&(#-@ F' $;'8*',(0# >$ 8' ,'8(>'> >$8 %(%&$.' ,-.- .$,'#(%.- ,$#&+'8 >$ 8' /-87&(,' $>*,'&(;'@ F' ',+$>(&',(0# *#(;$+%(&'+(' >$ ,'++$+'% >$ )+'>- = /-%)+'>- = 8' +$)*8',(0# >$ 8-% &7&*8-% >$ #(;$8 %*/$+(-+@

+#9>#-L&)#L)8-&#)G 5 \'#,- [*#>('8 BXQYlP@  >(8,*.%*  >(8,*.%*"5 "5 N,"&%8*"'%+* N,"&%8* "'%+* $, 0:& (,'-(&:& (,'-(&: & 7"(" ,0 ),j:(")%,*.: ),j:(") %,*.: $, 0" ,$-'"'%+*@ T$+($ >$ $%&*>(-% >$8 \'#,- [*#>('8 %-3+$ /'7%$%@ y'%?(#)&-#H N@6@ 5 1KUDnFDK`DoDH `@ BXQQZP@ !" !,O 1,$,("0 $, ?$-'"'%+* ':): ,0,),*.: $, (,8-0"'%+* $, 0" (,"0%$"$ ,$-'"'%:*"0 "(8,*.%*"5 F-& :(%,*."'%:*,& @"'%" 0" 7(%/".%="'%+*K 0" 7(:/%*'%"0%="'%+* O  

<

 

(,',*.("0%="'%+* $, 0"& $,'%&%:*,& ,* 0:& 7:$,(,& ,j,'-.%/:& O ,0 (,.%(: $,0 8:6%,(*: *"'%:*"0 $,0 4%*"*'%")%,*.: $, 0" ,$-'"'%+* 7`60%'" @ \*$#-% K(+$%L S1C]F@ 5 WDhUDH C@ a FD`nKWNH \@ BjVXiP@ 9:03.%'"& ,$-'".%/"& ,* -* )-*$: 80:6"0%="$:5 ['>+(>L

">(,(-#$% [-+'&'@ 5 W^DhH n@ BjVXXP@ !" %*/,&.%8"'%+* '%,*.34%'" O 0" 4:()"'%+* $:',*.,5 B%&'-(&:& *:()".%/:& O  7(#-L&)%08#$)G 5 KF[K`NShH [@ W@ BjVVVP@ F%&.,)" ,$-'".%/: "(8,*.%*:5 ?&',*"(%:& O 7:03.%'"&5 \*$#-% K(+$%L T'#&(88'#'@ 5 K11F"H [@ y@ BjVXjP@ 9:$,(K ':*:'%)%,*.: O (,4:()" ,$-'"'%:*"0 @ \*$#-% K(+$%L [(A- = N4;(8' m ">^`F1'.@ 5 \WKUSH f@ C@ BXQQdP@ !" $,&',*.("0%="'%+* ,$-'"'%:*"05 F:6(, 0" .("*&4,(,*'%" $, ,&."60,'%)%,*.:&@ \*$#-% K(+$%L 6"KF@ 5 CD`_"FH T@ BXQQVP@ 6+(%(% >$ K,*.*8',(0# = W$%/*$%&' W$%/*$% &' ">*,'&(;' >$ 8' `*$;' N$+$,?'@ N,/%&."  >(8,*.%*"  >(8,*.%* " $, ?$?$-'"'%+* '"'%+* H `c Xd@ \*$#-% K(+$%L Kn6"@ 5 F"6f`"WH `@ BXQYjP@ 1+-=$,&- `$-,-#%$+;'>-+ = N$.-,+',('@ N,/%&." J(3.%'" O 2.:73" H `c g@ \*$#-% K(+$%@ 5 [(#(%&$+(- >$ 6*8&*+' = ">*,',(0# >$ 8' `',(0# BXQQdP@ !" %)70,),*."'%+* $, 0" !,O 1,$,("0 $, ?$-'"'%+*@ 5 [(#(%&$+(- >$ 6*8&*+' = ">*,',(0# >$ 8' `',(0# BXQQdP@ 9"'.: 1,$,("0 ?$-'".%/:@  >08-*"& ':*.("$%''%:*,& ':*.("$ %''%:*,& $,0 $ ,0 ?&."$: $, Z%,*,&."(  Z%,*, &."( @ ['>+(>L K8('#J'@ 55 SCC"H 6@ BXQQVP@ SThFK_H S@ BXQQiP@ "%&'>- = %-,($>'>L 8'% #*$;'% :+-#&$+'%@ 1-#$#,(' /+$%$#&'>' $# 8' J:*4,(,*'%" A*.,(*"'%:*"0 ?0 (,$%&,M: $,0 7,(4%0 $,0 ?&."$: 7"(" ,0 $,&"((:00: &:'%:,':*+)%': O ,0 '")6%:H -+)'#(J'>' /-+ $8 D#%&(&*&- D#&$+#',(-#'8 >$ 6($#,('% K>.(#(%&+'&(;'%H o-8*,'H [OM(,-@ 5 1KUDnFDK`DoDH `@ BXQQXP@ f,:':*&,(/"$-(%&): O ,$-'"'%+*5 2* $,6"., &%0,*'%"$: ,* 0"  >(8,*.%*"  >(8,*.%* " $, 0:& l\ l\_  _ @ \*$#-% K(+$%L n+*/- 6-9*$#' ">(&-+$%@ 5 1pW"h nS["hH K@ BXQQYP@ !" '-0.-(" ,&':0"( ,* 0" &:'%,$"$ *,:0%6,("0 @ ['>+(>L [-+'&'@ 5 1D6SH >$ $>*,',(0# 34%(,'{ F'% $%&+'&$)('% >$8 \'#,[*#>('8@ "# 6SWWKnnDSH +(>L [-+'&'@

!"#()( YWS \) &%0-" '#'8%E) %(,0)8#$- )&L%"8#""8 ,-#&$./-+4#$- ,(,8- >$ +$:-+.'% = %* $#,*'>+$ #-+.'&(;-L F$= >$ C-+.',(0# oO,#(,1+-:$%(-#'8H F$= >$ ">*,',(0# `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 

7

 

+#9>#-L&)#L)8-&#)G 5 ND_"WH n@ a T"WWKH -+'%@ "# UDSWH T@ ,. "0 H 1:()"'%+* $, $:',*.,&5 de-; '")6%+ $,&7-;& $, 0:& o\_ ,* 0"& 7:03.%'"&K 0:& '-((3'-0:& O 0"& %*&.%.-'%:*,&m \*$#-% K(+$%L (8,*.%*"@ [(.$-@ 5 N-,*.$#&- >$ 64&$>+' `c dL !,8%&0"'%+* ,$-'".%/" @%&.+(%'" O /%8,*., @ [(.$-@ 5 N-,*.$#&- >$ 64&$>+' `c ZL ?/:0-'%+* (,'%,*., $,0 &%&.,)" ,$-'".%/: "(8,*.%*:P :(8"*%="'%+* %*&.%.-'%:*"0KK ,&.(-'.-(" "'"$;)%'"K ,Q7"*&%+* O ':6,(.-(" '-"*.%.".%/"5 [(.$-@ %*&.%.-'%:*"0 +#9>#-L&)%08#$)G 5N,/%&." \DNKWo 6K[1STH n@ BjVVXP@ F' )+'&*(>'> >$ 8' $>*,',(0# $# 8'% *#(;$+%(>'>$% $%&'&'8$%@ !" !,O @ \*$#-% K(+$%@ 5 ND`D"6" BjVXdP@ !"& j-*."& $, '0"&%4%'"'%+*P '"("'.,(3&.%'"& O 4-*'%:*")%,*.:5 B:'-),*.: $, 0" BAfA?J? fi VR@ \*$#-% K(+$%L [(#(%&$+(- >$ ">*,',(0# >$ 8' `',(0#@ 5 CDF[^TH N@ a _K1FK`H 6@ BjVXjP@ ?$-'"( 7"(" -*" &:'%,$"$ ):mjlVmjlVdgXYjVVi@/>:   ?&&/Lmmbbb@+$>'8=,@-+)m/>:mjlVmjlVdgXYjVVi@/>:  5jH[KW6f"TDH K@H o"N"T6SH @P BjVXVP@ ,c-%$"$ O (,4:()"& ,* 0" ,*&,M"*="5 ^,."& U_UVP 0" ,$-'"'%+* c-, c-,(,):& 7"(" 0" 8,*,("'%+* $, 0:& Z%',*.,*"(%:&@ \*$#-% K(+$%L T'#&(88'#'mS"D@ 5 [KT WS6fKH T@ [@ ,. "0  BjVXiP@   BjVXiP@ !" ,$-'"'%+* &,'-*$"(%" ':): $,(,'@: @ \*$#-% K(+$%L F'

6+*27'@ 5 `"KU"H n@ BjVVXP@ ?$-'"'%+* &-7,(%:(P @%&.:(%" O 7:03.%'"5 ?&.-$%:& ':)7"(".%/:& &:6(, 0" -*%/,(&%$"$ ':*.,)7:(0%@ 5 W^DhH n@ BjVXVP@ F' 8$= >$ $>*,',(0# +$:-+.'>'@ 6*$%&(-#$% /+-38$.4&(,'% $# &-+#- ' 8' +$,*++$#,(' >$ +$:-+.'% $>*,'&(;'%@ 1'+&$ j@ N,/%&." B,(,'@: O J%,*'%"& F:'%"0,& H `c j@ F' 18'&'L C',*8&'> >$ 6($#,('% (,'% = T-,('8$% >$ 8' ^#(;$+%(>'> `',(-#'8 >$ F' 18'&'@ 5 W^DhH n@ BjVVQP@ F' 8$= >$ $>*,',(0# +$:-+.'>'@ 6*$%&(-#$% /+-38$.4&(,'% $# &-+#- ' 8' +$,*++$#,(' >$ +$:-+.'% $>*,'&(;'%@ 1'+&$ X@ N,/%&." B,(,'@: O J%,*'%"& F:'%"0,& H `c X@ F' 18'&'L C',*8&'> >$ 6($#,('% (,'% = T-,('8$% >$ 8' ^#(;$+%(>'> `',(-#'8 >$ F' 18'&'@  

4

 

5 W^DhH n@ BjVVQP@ F' #*$;' +$:-+.' $>*,'&(;' $# 8' K+)$#&(#'@ N,/%&." $, ?$-'"'%+*H `c idYH $#$+- e '3+(8 jVVQ@ ['>+(>L D#%&(&*&- >$ ";'8*',(0#@ [(#(%&$+(- >$ ">*,',(0#H 1-87&(,' T-,('8 = N$/-+&$ >$ "%/'A'@

U?XQ1Q\QTZ. 6?1.T]TW7.G "8 >(,&'>- >$ $%&' '%()#'&*+' /+$;O ,8'%$% &$0+(,'% = ,8'%$% /+4,&(,'%@ "# 8'% /+(.$+'% %$ '3-+>'+4# $2$% &$.4&(,-% +$:$+(>-% ' 8-% ,-#&$#(>-% >$ 8'% >(%&(#&'% *#(>'>$% ' &+';O% >$ $M/-%(,(-#$% ' ,'+)- >$8 1+-:$%-+ o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e &$0+(,'% e /+4,&(,'% = 8-% &+'3'2-% /+4,&(,-%H '%7 ,-.- &'.3(O# 8' /+$/'+',(0# >$ 8'% $;'8*',(-#$% >$ 8-% '/+$#>(J'2$% /-+ .$>(- >$$#8'8'% ,-./+$#%(0# >$8 ,-#2*#&- >$ 8'% 8$,&*+'% = %* ;(#,*8',(0# ,-# 8-% ,-#&$#(>-% >$%'++-88'>-% ,8'%$%@ 1-+ -&+' /'+&$H $8 $9*(/- >-,$#&$ >$ $%&' '%()#'&*+' ?' >$%'++-88'>- .'&$+('8 >$ '/-=- /'+' :',(8(&'+ 8' $#%$A'#J' >$ 8-% ,-#&$#(>-% = %* '/+$#>(J'2$ /-+ /'+&$ >$ 8-% $%&*>('#&$%@ "%&$ .'&$+('8 $%&4 ,-#%&(&*(>- /-+ B:'-),*.:& $, J(- >$ g B%$(%P $# 8'% $;'8*',(-#$% /'+,('8$%H $8 $%&*>('#&$ +$#>(+4 *# $M'.$# :(#'8@ p%&$ &$#>+4 8'% %()*($#&$% ,'+',&$+7%&(,'%L -+'8H (#>(;(>*'8 $ (#&$)+'>-+ >$ 8-% ,-#&$#(>-% /+-/*$%&-% $# $%&$ /+-)+'.' '#'87&(,-@

 

5