29.10.2013 Views

Die (r)evolutionierte Tonika-Da Methode von Gottfried Steyer ...

Die (r)evolutionierte Tonika-Da Methode von Gottfried Steyer ...

Die (r)evolutionierte Tonika-Da Methode von Gottfried Steyer ...

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

!!! 9RUZRUW<br />

1RWHQ 7RQOHLWHUQ 7RQDUWHQ ,QWHUYDOOH 9RU]HLFKHQ DOO GDV VLQG %HJULIIH GLH HWOLFKH<br />

MXQJH 0XVLNHU XQG YRU DOOHQ ZRKO PDQFKHQ 6lQJHU XQG PDQFKH 6lQJHULQ WURW]<br />

PXVLNDOLVFKHU *UXQGNHQQWQLVVH LQ 9HUXQVLFKHUXQJ VW U]HQ 6R HUOHEH LFK HV DOV<br />

*HVDQJVOHKUHU XQG VR NHQQH LFK HV DXFK YRQ PLU 1XQ KDEH LFK PLWWOHUZHLOH VWXGLHUW<br />

XQG NDQQ JHWURVW YRQ PLU VDJHQ ZHLWH %HUHLFKH GHU +DUPRQLHOHKUH JXW XQG JHUQH<br />

YHUVWDQGHQ ]X KDEHQ XQG DXFK PHLQ *HK|U DXI HLQ ]XPLQGHVW EHUXIVWDXJOLFKHV<br />

1LYHDX WUDLQLHUW ]X KDEHQ 7URW]GHP LVW PLU LQ MHQHP 7KHPHQEHUHLFK GHU<br />

*HK|UELOGXQJ XQG GHV %ODWWVLQJHQV HLQH JHZLVVH 8Q]XOlQJOLFKNHLW QRFK LPPHU ]X<br />

HLJHQ $XFK PHUNH LFK ]XQHKPHQG HLQLJH .RPSRVLWLRQVYHUVXFKH XQG<br />

,PSURYLVDWLRQVVWXGLHQ EUDFKWHQ PLFK HLQPDO PHKU DXI GHQ :HJ GDVV LFK PLW GHP<br />

ZDV ZLU JOREDO 7RQV\VWHP QHQQHQ XQG ZDV PLU NRQNUHW GLH .LUFKHQWRQDUWHQ XQG<br />

ZHLWHUH 0RGL VLQG QLFKW ZLUNOLFK YHUWUDXW ELQ %HNDQQW ZRKO VFKRQ 'RFK GDV 9RUELOG<br />

HLQLJHU 0XVLNHU I KUW PLU YRU ZDV YHUWUDXW VHLQ EHGHXWHQ NDQQ ÄWR EH IDPLOLDU³ GDV<br />

LVW HLQ =LHO 0RGL DOV Ä*HVFKPDFN³ Ä)DUEH³ Ä6RXQG³ ZDKUQHKPHQ ]X N|QQHQ VLFK<br />

LPSURYLVLHUHQGHU :HLVH VLFKHU XQG YROOHU )UHXGH DP 0HORGLHUHQ DXFK GXUFK<br />

DQVSUXFKVYROOHUH &KDQJHV ÄEHZHJHQ³ ]X N|QQHQ GLH (LJHQDUWHQ XQG %HVRQGHUKHLWHQ<br />

GHU ,QWHUYDOOH GHU $NNRUGH GHU 7HQVLRQV XQG DXFK GHU QHXHUHQ 6NDOHQ ]X NHQQHQ<br />

XQG EHZXVVW JHEUDXFKHQ ]X N|QQHQ PXVL]LHUHQG K|UHQG NRPSRQLHUHQG 'LH VLFKHU<br />

QLFKW XQEHUHFKWLJWH 9HUPXWXQJ GDVV LFK GDPLW 0XVLNHU]LHOH EHUKDXSW IRUPXOLHUH<br />

XQG GDVV LFK LQ .ROOHJHQNUHLVHQ QLFKW GHU HLQ]LJH ELQ GHU DXI GHP :HJ GRUWKLQ HLQHQ<br />

HKHU ODQJHQ DOV NXU]HQ :HJ ]X JHKHQ KDW ZDU PLU $QOD‰ YRUOLHJHQGH $UEHLW ]X<br />

VFKUHLEHQ ,QKDOW LVW QlPOLFK HLQH 0HWKRGH GLH DXI HEHQ GLHVHP :HJ EHUDXV<br />

KLOIUHLFK LVW RGHU ]XPLQGHVW VHLQ NDQQ (LQH 0HWKRGH GLH (LQVLFKWHQ EULQJW XQG<br />

6RXYHUlQLWlW HUZLUNHQ NDQQ (LQH 0HWKRGH GLH HLQH -DKUKXQGHUWH DOWH *HVFKLFKWH<br />

KDW GLH DQGHUH 0HWKRGHQ JOHLFKHQ =LHOHV LQVSLULHUW KDW XQG GLH VFKOLH‰OLFK GXUFK<br />

*RWWIULHG 6WH\HU HLQH .ODUKHLW XQG 6LQQKDIWLJNHLW JHZRQQHQ KDW GLH VLH XQEHGLQJW<br />

HUNXQGHQVZHUW PDFKW +LHUPLW P|FKWH LFK VLH ]XQlFKVW LP KLVWRULVFKHQ .RQWH[W<br />

EHWUDFKWHQ VLH GDQQ LQ LKUHQ ZHVHQWOLFKHQ 0HUNPDOHQ HUOlXWHUQ XQG DQKDQG YRQ<br />

YHUVFKLHGHQHQ hEHUVLFKWHQ XQG +LOIVPLWWHOQ YRUVWHOOHQ GLH U HYROXWLRQLHUWH 7RQLND GR<br />

0HWKRGH


,P WKHRUHWLVFKHQ NDQQ VLH XQV GHQ 7RQUDXP LQ GHP ZLU XQV EHZHJHQ HUKHOOHQ<br />

3UDNWLVFK NDQQ VLH XQV KHOIHQ LQ GLHVHP 5DXP VLFKHU ]X ZDQGHOQ<br />

%HLGH $VSHNWH VROOHQ EHOHXFKWHW ZHUGHQ (UVWHUHU ZLUG PLQGHVWHQV NXU] VWDXQHQ<br />

ODVVHQ RGHU *HZXVVWHV LQ QHXHP /LFKW VHKHQ ODVVHQ OHW]WHUHU PDJ %HJLQQ HLQHU<br />

ODQJMlKULJHQ YLHOOHLFKW EHUDXV IUXFKWEDUHQ $UEHLW VHLQ<br />

!!! (LQOHLWXQJ<br />

=XU %HJU QGXQJ HLQHV 7RQVLOEHQV\VWHPV VFKUHLEW GHU 0XVLNSlGDJRJH 5LFKDUG<br />

0 QQLFK Ä-HGHU 7RQ KDW LQQHUKDOE GHU 7RQK|KHQUHLKH VHLQHQ GXUFK 6FKZLQJXQJV]DKO<br />

EHVWLPPWHQ 3ODW] VHLQH DEVROXWH 7RQK|KH GLH ZLU PLW 1DPHQ D E F XVZ<br />

EH]HLFKQHQ -HGHU LQ PXVLNDOLVFKHP =XVDPPHQKDQJ YHUZHQGHWH 7RQ DEHU KDW<br />

LQQHUKDOE GHU JHJHEHQHQ 7RQDOLWlW XQG GHU VWXIHQZHLVH DXIJHEDXWHQ /HLWHU DXFK<br />

VHLQHQ GXUFK GDV 9HUKlOWQLV ]XU 7RQLND DOVR ]XP /HLWHUJUXQGWRQ EHVWLPPWHQ 3ODW]<br />

VHLQH UHODWLYH 7RQK|KH :LW]JHUZHLVH KDW QXQ DEHU I U GDV 0XVLN (UOHEHQ JHUDGH GLH<br />

DEVROXWH 7RQK|KH QXU UHODWLYH GDJHJHQ GLH UHODWLYH 7RQK|KH DEVROXWH %HGHXWXQJ<br />

9HUlQGHUXQJ GHU DEVROXWHQ 7RQK|KH ± 7UDQVSRVLWLRQ ± LVW ]ZDU DQ *UHQ]HQ<br />

JHEXQGHQ WDVWHW DEHU GLH PHORGLVFK KDUPRQLVFKH 6XEVWDQ] GHV .XQVWZHUNHV QLFKW<br />

DQ 9HUlQGHUXQJ GHU 7RQUHODWLRQHQ ZlUH GDJHJHQ HLQ ]HUVW|UHQGHU (LQJULII ³<br />

'LH XQEHGLQJWH :LFKWLJNHLW GHU 7RQK|KHQUHODWLRQ LVW DOVR XQEHVWUHLWEDU *OHLFK]HLWLJ<br />

LVW RIIHQEDU GDVV GLH DEVROXWHQ 7RQQDPHQ EHU GLHVH 5HODWLRQHQ NHLQH $XVNXQIW<br />

JHEHQ ,Q GHU 6NDOHQWKHRULH HQJO ÄFKRUG VFDOH DSSURDFK³ HLQ VHLW GHQ HU<br />

-DKUHQ LQ GHU -D]] +DUPRQLHOHKUH ZHLW YHUEUHLWHWHU 'HQNDQVDW] EHL GHP MHGHP<br />

$NNRUG HLQH 7RQOHLWHU 6NDOD ]XJHRUGQHW ZHUGHQ NDQQ XQG XPJHNHKUW MHGHU<br />

7RQOHLWHU HLQ $NNRUG ZLUG GLHVHU (UNHQQWQLV 5HFKQXQJ JHWUDJHQ PDQ RUGQHW GHQ<br />

7RQVWXIHQ =DKOHQ ]X 'DVV GLH DXI & JU QGHQGH 7RQIROJH F G H I J D K F RGHU DXI $V<br />

EDVLHUHQG DV E F GHV HV I J DV MHZHLOV HLQH LRQLVFKH 7RQOHLWHU GDUVWHOOW LVW QLFKW<br />

GLUHNW ]X HUNHQQHQ DOV 7RQVWXIHQNHQQ]HLFKQXQJ VSULFKW GD HLQH<br />

GHXWOLFKHUH 6SUDFKH 'LHVH HLQIDFKH =DKOHQIROJH LQ KDUPRQLVFKHP .RQWH[W LQ<br />

U|PLVFKHQ =LIIHUQ QRWLHUW > ,0DM ,, ,,, @ VWHKW LQ GHU 6NDOHQWKHRULH I U GLH<br />

LRQLVFKH 7RQOHLWHU PLW GHQ EHLGHQ +DOEWRQVFKULWWHQ ]ZLVFKHQ GHU XQG VRZLH GHU<br />

XQG 7RQVWXIH 'XUFK 0RGLIL]LHUXQJ PLW EHV E XQG .UHX]HQ LVW HV GDQQ<br />

P|JOLFK GHQ $XIEDX HLQHU MHGHQ 7RQOHLWHU XQG GLH 8QWHUVFKLHGH ]ZLVFKHQ GHQ


GLYHUVHQ 0RGL DXI GHQ HUVWHQ %OLFN ]X JHZlKUHQ 'DVV GLH ) 7RQOHLWHU PLW GHU<br />

7RQIROJH I J D E F G HV I RGHU GLH ' 7RQOHLWHU PLW GHU 7RQIROJH G H ILV J D K F G<br />

PL[RO\GLVFK VLQG ]HLJW VLFK VRIRUW ZHQQ PDQ VLH LQ GLH 6WXIHQVFKUHLEZHLVH KLQ EHU<br />

DEVWUDKLHUW E 'LHVH 'HQN XQG 6FKUHLEZHLVH LVW HLQ ZXQGHUEDUHV<br />

$EVWUDNWLRQVLQVWUXPHQW XP GLH 6WUXNWXUHQ GHU YRQ XQV EHQXW]WHQ .LUFKHQWRQDUWHQ<br />

XQG ZHLWHUHU 7RQOHLWHUQ GXUFKVLFKWLJ ]X PDFKHQ<br />

$EHU ZLH NDQQ PDQ GLHVH EOR‰H .HQQWQLV GHU 6NDOHQ YHUWLHIHQ" 6LH QLFKW QXU EH<br />

KHUUVFKHQ VRQGHUQ DXFK SUDNWLVFK XPVHW]HQ XQG LQQHUOLFK K|UHQ" 'HU<br />

$EVWUDNWLRQVJUDG GHU UHLQHQ 6WXIHQ]DKOHQ JHKW VR ZHLW GDVV VLH PHKU QXU GHP<br />

EOR‰HQ 9HUVWHKHQ GLHQHQ QLFKW DEHU HLQ 1DFKHPSILQGHQ GHU GDPLW GDUJHVWHOOWHQ<br />

PXVLNDOLVFKHQ ,QKDOWH HUP|JOLFKHQ (LQ VLQJHQGHV hEHQ GHU .LUFKHQWRQDUWHQ DQKDQG<br />

GHU 6WXIHQ]DKOHQ PXWHW DEVXUG DQ KDW PDQ GRFK ]ZLVFKHQ HLQV XQG GUHL WHLOV<br />

XPVWlQGOLFK ]X DUWLNXOLHUHQGH 6LOEHQ %HLVSLHO DHROLVFK ÄHLQV ]ZHL E GUHL YLHU I QI E<br />

VHFKV E VLH EHQ DFKW HLQV VWULFK³ ,Q GHP 0RPHQW VROOWH HLQH =XRUGQXQJ YRQ<br />

HLQVLOELJHQ 1DPHQ I U MHGH 7RQVWXIH XQVHU ,QWHUHVVH ZHFNHQ<br />

)UHL QDFK GHP :LW] Ä 1HQQHQ VLH GLH 6XEGRPLQDQWH YRQ ) $EHU ) LVW GRFK VFKRQ GLH<br />

6XEGRPLQDQWH ³ N|QQWH PDQ VLFK HLQLJHQ GLH 6WDPPWRQUHLKH DXFK DOV DEVWUDNWHQ<br />

&RGH I U GLH 7RQVWXIHQ ]X EHQXW]HQ 'DVV JHOWHQ Z UGH F 6WXIH G 6WXIH<br />

H 6WXIH XVZ 'DV EULQJW GHQ 1DFKWHLO GHU P|JOLFKHQ 9HUZLUUXQJ PHLQW PDQ<br />

JHUDGH GLH DEVROXWHQ 7RQQDPHQ RGHU GLH DEVWUDKLHUWH 7RQVWXIH 'LH 9RNDODUPXW GHU<br />

1DPHQ GHU 7|QH GHU 6WDPPWRQUHLKH LVW ]XGHP QLFKW VRQGHUOLFK VLQJIUHXQGOLFK FH<br />

GH H HII JH D KD FH (V NRPPW QXU ÄH³ XQG ÄD³ NHLQ ÄR³ XQG NHLQ ÄX³ YRU<br />

/HGLJOLFK GDV ÄL³ ZLUG LQ GHQ (UK|KXQJHQ HUJlQ]W FLV GLV HLV ILV JLV DLV KLV<br />

6R HUKHOOHQG DOVR GLH =LIIHUQ VLQG XQG VR QDKHOLHJHQG GLH 1RWHQQDPHQ ]XQlFKVW<br />

VFKHLQHQ XP VLQJHQG XQG VLQQIlOOLJ GLH 0RGL ]X EHQ HLJQHQ VLH VLFK GRFK EHLGH<br />

QLFKW 'LH VSH]LILVFKH %H]LHKXQJ ]ZLVFKHQ GHQ 7|QHQ EOHLEW LQ EHLGHQ $UWHQ GHU<br />

7RQEHQHQQXQJ XQ EH PHUNW /HGLJOLFK GLH %HGHXWVDPNHLW GHU 2NWDYH ZLUG LQ GHU<br />

:LHGHUKROXQJ GHV 1DPHQV GHU 3ULP HUVLFKWOLFK :lUH HV QLFKW VLQQYROO +DOE XQG<br />

*DQ]WRQVFKULWWH LQ GHU 7RQEHQHQQXQJ VLFKWEDU ]X PDFKHQ" 8QG ZDV LVW PLW GHU 5ROOH<br />

GHU 4XLQW " .|QQWH HLQH 6LOEHQVSUDFKH EHU GLH 2ULHQWLHUXQJ GHV MHZHLOLJHQ<br />

7RQVWXIHQDXIEDXV KLQDXV GLH %H]LHKXQJHQ DOVR GLH 9HUZDQGWVFKDIW RGHU )UHPGKHLW<br />

]ZLVFKHQ GHQ HLQ]HOQHQ 7RQVWXIHQ FKDUDNWHULVLHUHQ XQG JOHLFKVDP QDFKHPSILQGHQ


ODVVHQ XQG ZlUH VLH ]XGHP QRFK JXW VLQJEDU LVW GDV QLFKW GLH WLHIUHLFKHQGVWH :HLVH<br />

VLFK PLW MHGZHGHU 0XVLN YHUWUDXW ]X PDFKHQ" VR ZlUH GRFK YLHO JHZRQQHQ<br />

0 QQLFK IlKUW IRUW Ä $QJHVLFKWV GLHVHU YRUGULQJOLFKHQ :LFKWLJNHLW GHU<br />

7RQK|KHQUHODWLYLWlW LVW DOOHUGLQJV XQHUOlVVOLFK 7RQQDPHQ PLW UHODWLYHU<br />

7RQK|KHQEHGHXWXQJ DOVR 6WXIHQVLOEHQ HLQ]XI KUHQ ,QGHP GLH 6LOEHQJHJQHU VLFK DXI<br />

1RWHQQDPHQ 9HUZHQGXQJ EHVFKUlQNHQ EOHLEHQ VLH > @ GHU *HK|UELOGXQJ<br />

ZLFKWLJVWHQ 7HLO VFKXOGLJ GLH WRQDOH *HK|UELOGXQJ ³<br />

5LFKDUG 0 QQLFK LVW GHU (UILQGHU GHU 6WXIHQVLOEHQ Ä-DOH³ :HQQ LFK DOVR HLJHQWOLFK PLW<br />

GLHVHU $UEHLW GLH 6WH\HUVFKH :HLWHUHQWZLFNOXQJ GHU 7RQLND 'R 0HWKRGH EHOHXFKWHQ<br />

P|FKWH VHKH LFK PLFK GRFK YHUSIOLFKWHW GLH 0HWKRGH GLHVHV EHKHU]WHQ 3lGDJRJHQ<br />

0 QQLFK ]XQlFKVW LQ $XJHQVFKHLQ ]X QHKPHQ :HUIHQ ZLU DOVR QDFKIROJHQG HLQHQ<br />

%OLFN DXI GDV ZDV GLH *HVFKLFKWH DQ 7RQVLOEHQV\VWHPHQ KHUYRUJHEUDFKW KDW<br />

!!! 9HUVFKLHGHQH 7RQVLOEHQV\VWHPH<br />

'LH ,GHH VWHKW XQV NODU YRU $XJHQ (V JHKW GDUXP HLQH +LOIH ]XP<br />

7RQUDXPEHZX‰WVHLQ XQG I U GDV LQQHUH VWUXNWXUHOOH +|UHQ ]X ILQGHQ HLQH 0HWKRGH<br />

GLH 1DPHQ ILQGHW GLH GHQ EOR‰HQ 6WXIHQ]DKOHQ XQG GHQ DEVROXWHQ 1RWHQQDPHQ<br />

EHUOHJHQ VLQG (LQH +LOIH DOVR DXFK GDV EOLHE ELVKHU XQHUZlKQW XQG LVW GRFK<br />

ORJLVFKH .RQVHTXHQ] EHLP %ODWW 6LQJHQ GHP 0XVL]LHUHQ RKQH GLH ÄJUHLIEDUH³<br />

6LFKHUKHLW HLQHV ,QVWUXPHQWHV =ZHL VROFKH 6\VWHPH ZXUGHQ LP -DKUKXQGHUW<br />

HQWZLFNHOW IDQGHQ LKUH $QKlQJHUVFKDIW XQG $QZHQGXQJ LQ GHU 3UD[LV<br />

(LW]VFKHV 7RQZRUW<br />

x Ä(LW]VFKHV 7RQZRUW³ YRQ &DUO (LW]<br />

x Ä-DOH³ YRQ 5LFKDUG 0 QQLFK<br />

&DUO (LW] ZDU 9RONVVFKXOOHKUHU LQ (LVOHEHQ 1HEHQ VHLQHU SlGDJRJLVFKHQ<br />

7lWLJNHLW EHVFKlIWLJWH HU VLFK ZLVVHQVFKDIWOLFK PLW GHU PXVLNDOLVFKHQ $NXVWLN<br />

%HLGH %HUHLFKH YHUELQGHQG HQWZLFNHOWH HU GDV Ä(LW]VFKH 7RQZRUW³ HUVWPDOLJ<br />

HUVFKLHQHQ Ä'DV 7RQZRUW %DXVWHLQH ]XU PXVLNDOLVFKHQ 9RONVELOGXQJ³ 'LHVH 6LOEHQ<br />

EH]HLFKQHQ DEVROXWH 7RQK|KHQ 6LH VLQG F FLV GHV G GLV HV H HWF ]XJHRUGQHW


'DPLW ZLUG (LW] GHU ,GHH GLH UHODWLYHQ %H] JH LQ GHQ 9RUGHUJUXQG ]X VWHOOHQ QLFKW<br />

JHUHFKW KDW DEHU WURW]GHP GHQ $QVSUXFK *HK|UELOGXQJ ]X HUOHLFKWHUQ 'D GDV<br />

Ä7RQZRUW³ LQ ]DKOUHLFKHQ % FKHUQ HUZlKQW LVW VROO HV KLHU DOV HLQ %HLVSLHO NUHDWLYHQ<br />

6WUHEHQV QLFKW XQHUZlKQW EOHLEHQ @ (LW] KDW GDPLW JHZLVVHUPD‰HQ HLQHQ<br />

SHUIHNWLRQLHUWHQ 1RWHQQDPHQ (UVDW] HUGDFKW 'HU DOOHUGLQJV HQWEHKUW QLFKW HLQHU<br />

YLHOVFKLFKWLJHQ /RJLN GLH KLHU NXU] VNL]]LHUW ZHUGHQ VROO (V JLQJ GDUXP 7RQEH] JH<br />

GLIIHUHQ]LHUW DXVGU FNHQ ]X N|QQHQ 'DVV DOVR<br />

MHGHU 7RQ HLQ P|JOLFKHU 6WDPPWRQ LVW VR GDVV ] % ' GXU QLFKW DXI $EOHLWXQJHQ<br />

YRQ & GXU KHU DQJHZLHVHQ LVW ILV > 7HU] @ XQG FLV >6HSWLPH @ VFKHLQHQ YRQ I XQG<br />

F KHU DEJHOHLWHW<br />

GHU 8QWHUVFKLHG ]ZLVFKHQ JUR‰HQ XQG NOHLQHQ YHUPLQGHUWHQ XQG EHUPl‰LJHQ<br />

,QWHUYDOOHQ HLQGHXWLJ ZLUG PDQ EHWUDFKWH LP 1RWHQELOG J K XQG D F RGHU J E<br />

XQG DV F RGHU D H XQG K I RGHU D HV XQG E I :HGHU 1RWHQELOG QRFK<br />

1DPHQ JHEHQ HLQH XQPLWWHOEDUH 9HUDQVFKDXOLFKXQJ<br />

GLH FKURPDWLVFKH =Z|OIWHLOXQJ GHU 2NWDYH DEVROXWH 'HXWOLFKNHLW EHNRPPW XQG DOVR<br />

GLH *OHLFKKHLW ]ZHLHU 7|QH ZLH ] % GLV XQG HV VRIRUW HUVLFKWOLFK ZLUG PX XQG PR<br />

GLH LQ GHU VWLPPELOGQHULVFKHQ $UEHLW HUP GHQGH XQG ]XU 9HUZHFKVOXQJ I KUHQGH<br />

(LQW|QLJNHLW YRQ QXU E]Z 9RNDOHQ LQ GHU FKURPDWLVFKHQ 5HLKH GHU DEVROXWHQ<br />

1RWHQQDPHQ D DLV E K F FLV GHV G GLV XVZ ! 9RNDOH D H > L @ GXUFK GLH<br />

) OOH GHU HLQIDFKHQ 9RNDOH HUVHW]W ZLUG D H L R X<br />

:LH EHL lOWHUHQ 6LOEHQUHLKHQ ZLUG LP 7RQZRUW MHGHP 7RQ HLQH 6LOEH EHVWHKHQG DXV<br />

.RQVRQDQW XQG 9RNDO ]XJHRUGQHW %HL (LW] V\PEROLVLHUW MHGHU NRQVRQDQWLVFKH $QODXW<br />

HLQHQ GHU 7|QH GHV 2NWDYUDXPV 'DEHL ZHFKVHOQ VLFK VWLPPORVH XQG VWLPPKDIWH<br />

/DXWH ZHLWHVWJHKHQG DE<br />

6WLPPORVHU $QODXW E W J S G I N<br />

6WLPPKDIWHU $QODXW U P V O $ Q<br />

'LH 9RNDOH UHLKHQ VLFK LQ GHU JOHLFKHQ )ROJH ZLH LP $OSKDEHW EOR‰ PLW ÄL³<br />

EHJLQQHQG D H L R X D H<br />

:HVHQWOLFKHV *HVWDOWXQJVNULWHULXP LVW GLH +DOEWRQVFKULWWH GXUFK 9RNDOJOHLFKKHLW<br />

NHQQWOLFK ]X PDFKHQ XP LQ GHP 3XQNW HLQ OHLFKWHUHV (UNHQQHQ XQG VRPLW DXFK<br />

6LQJHQ ]X HUP|JOLFKHQ ) U GLH (LQGHXWLJNHLW GHU ,QWHUYDOOEH]HLFKQXQJHQ ILQGHQ VLFK<br />

IROJHQGH 5HJHOQ -HGHV ,QWHUYDOO EHNRPPW HLQHQ QHXHQ .RQVRQDQWHQ


'LH 9RNDOH VFKUHLWHQ LQ JHQDQQWHU )ROJH YRQ *DQ]WRQ ]X *DQ]WRQ IRUW XQG EOHLEHQ EHL<br />

GHQ +DOEWRQVFKULWWHQ JOHLFK %HL QLFKW GLDWRQLVFKHQ +DOEWRQVFKULWWHQ ] % F FLV<br />

DQVWHOOH YRQ F GHV lQGHUW VLFK GHU 9RNDO WURW]GHP EL UR DQVWHOOH YRQ EL UL<br />

XP GHP IROJHQGHQ +DOEWRQVFKULWW ZLHGHU PLW GHU JHZRKQWHQ 5HJHO GLHQHQ ]X N|QQHQ<br />

FLV G KDW GDQQ ZLHGHU UR WR 8PJHNHKUW KHL‰W GDQQ G GHV QLFKW WR UR<br />

VRQGHUQ WR UL GDPLW GDQQ GHV F ZLHGHU GHQ JOHLFKHQ 9RNDO KDW UL EL 6R OlVVW<br />

VLFK MHGHV ,QWHUYDOO HLQGHXWLJ EH]HLFKQHQ<br />

7DEHOODULVFKH $XIOLVWXQJ GHU %DXVWHLQH YRP 7RQZRUW<br />

+DOEWRQVFKULWWH $<br />

)RUWVFKULWW .RQVRQDQWUHLKH<br />

.RQVRQDQWUHLKH $ U W P J V S O G I N Q E<br />

,QWHUYDOOQDPH $<br />

)RUWVFKULWW 9RNDOUHLKH<br />

NO<br />

6HN<br />

JU<br />

6HN<br />

NO<br />

7HU]<br />

JU<br />

7HU]<br />

UHLQH<br />

4XDUW<br />

EHUP<br />

4XDUW<br />

UHLQH<br />

4XLQW<br />

NO<br />

6H[W<br />

JU<br />

6H[W<br />

NO<br />

6HSW<br />

JU<br />

6HSW<br />

9RNDOUHLKH $ L R R X X D D D H H L L<br />

,QWHUYDOOQDPH $<br />

)RUWVFKULWW 9RNDOUHLKH<br />

EHUP<br />

3ULP<br />

EHUP<br />

6HN<br />

YHUP<br />

4XLQW<br />

EHUP<br />

4XLQW<br />

EHUP<br />

6H[W<br />

9RNDOUHLKH $ R X X H L<br />

$XV GLHVHQ hEHUOHJXQJHQ HUJHEHQ VLFK I U GLH 7|QH GHU FKURPDWLVFKHQ /HLWHU F ELV Fµ<br />

LP (LW]VFKHQ 7RQZRUW IROJHQGH 6LOEHQQDPHQ<br />

FKURPDWLVFK DXIZlUWV !!!<br />

F FLV G GLV H<br />

EL UR WR PX JX<br />

F GHV G HV<br />

EL UL WR PR<br />

H<br />

>IHV@<br />

JX<br />

>JR@<br />

I<br />

>HLV@<br />

VX<br />

>VD@<br />

ILV J JLV D DLV K<br />

SD OD GH IH NL QL<br />

I JHV J DV D E<br />

VX SX OD GD IH NH<br />

RNWDY<br />

F<br />

>KLV@<br />

EL<br />

>ER@<br />

FKURPDWLVFK DEZlUWV<br />

K<br />

>FHV@<br />

QL<br />

>QH@<br />

F<br />

EL


:LVVHQVFKDIWOLFK H[DNW ODVVHQ VLFK VR 7RQK|KHQ XQG ,QWHUYDOOH EH]HLFKQHQ<br />

(LW] HQWZLFNHOWH ]XGHP HLQHQ /HKUJDQJ I U GHQ 0XVLNXQWHUULFKW GLH<br />

7RQZRUWPHWKRGH XP VHLQ 7RQZRUWV\VWHPV ]XU 9HUDQVFKDXOLFKXQJ GHV<br />

PXVLNDOLVFKHQ *HVFKHKHQV LQ GHQ *HVDQJVXQWHUULFKW LQ GHU 6FKXOH HLQ]XJOLHGHUQ<br />

(U VWHOOWH GHU GDPDOV EOLFKHQ PDWKHPDWLVFKHQ 7UHII OHKUZHLVH GHP $EVLQJHQ YRQ<br />

(LQ]HOLQWHUYDOOHQ ZDV KHXWH ZLHGHU UHFKW SRSXOlU ]X VHLQ VFKHLQW<br />

Ä7RQDOLWlWV EXQJHQ³ HQWJHJHQ $NNRUG $USHJJLHQ .DGHQ]HQ X D P 'LH ,GHH<br />

ÄGDV :HVHQ GHU HLQ]HOQHQ 6WXIHQ LQ LKUHU LQGLYLGXHOOHQ %HVRQGHUKHLW³ GDU]XOHJHQ ZDU<br />

LKP HLQ =LHO 'DPLW ZlUHQ ZLU ZLHGHU EHL GHQ DQIlQJOLFKHQ hEHUOHJXQJHQ $QJHVLFKWV<br />

GHU QXQ EHNDQQWHQ 6LOEHQ HUZHLVW VLFK (LW] DOOHUGLQJV DOV XQJOHLFK ZDV 0HKU /HUQHQ<br />

XQG 0HKU 9HUVWHKHQ EHWULIIW 'LH LQVJHVDPW 7RQVLOEHQ EHUJHQ LQ LKUHU ]XPLQGHVW<br />

NRQVRQDQWPl‰LJ UHODWLYHQ :LOON U HLQ HUKHEOLFKHV 9HUZLUUXQJVSRWHQ]LDO XQG<br />

YHUODQJHQ VHKU JXWHQ :LOOHQ EHLP PHPRULHUHQ 'LH GLDWRQLVFKH &KURPDWLN LVW QLFKW<br />

HUVLFKWOLFK :lKUHQG PDQ LQ GHU 6WXIHQVFKUHLEZHLVH EHLP :HFKVHO YRQ GHU LRQLVFKHQ<br />

]X HLQHU ZHLWHUHQ 7RQOHLWHU GXUFK GLH (UJlQ]XQJ YRQ 9RU]HLFKHQ GHQ ÄIDPLOLlUHQ³<br />

%H]XJ GHXWOLFK PDFKW LRQLVFK ! DHROLVFK E E E<br />

ZDV VHOEVW LQ GHU KHUN|PPOLFKHQ 6FKUHLEZHLVH ]XPHLVW HUNHQQEDU LVW<br />

F LRQLVFK F G H I J D K F ! F DHROLVFK F G HV I J DV E F ELHWHW (LW] ]X<br />

XQWHUVFKLHGOLFKH %HQHQQXQJHQ DQ F LRQLVFK EL WR JX VX OD IH QL EL ! F DHROLVFK<br />

EL WR PR VX OD GD NH EL $OV /HXFKWWXUP GHU (LQIDFKKHLW XQG VFKQHOOHQ %HJUHLIEDUNHLW<br />

EOHLEW GLH 2IIHQVLFKWOLFKNHLW GHU +DOEWRQVFKULWWH 'DV JLEW (LW] QHEHQ DQGHUHQ 3XQNWHQ<br />

HLQH JHZLVVH hEHUOHJHQKHLW JHJHQ EHU GHP 1RWHQ $%& PDFKW GDV 7RQZRUW DEHU<br />

QLFKW ]X HLQHU +LOIH I U GDV (U EHQ HLQHV UHODWLYHQ 7RQUDXPEHZX‰WVHLQV<br />

5LFKDUG 0 QQLFK NULWLVLHUW Ä=X GHQ %HGHQNHQ JHJHQ (LW]µ 9RNDOLVDWLRQ WUHWHQ<br />

QRWZHQGLJ DXFK VROFKH JHJHQ VHLQH .RQVRQDQWLN 'HU :HFKVHO YRQ $XJHQEOLFNV XQG<br />

'DXHUODXW LQ GHU FKURPDWLVFKHQ 5HLKH GLH )ROJH LQ GLHVHU +LQVLFKW JOHLFKDUWLJHU /DXWH<br />

EHLP )RUWJDQJH LQ *DQ]WRQVFKULWWHQ XQG YROOHQGV GLH JOHLFKPl‰LJH 9HUWHLOXQJ YRQ<br />

=XQJHQ /LSSHQ XQG *DXPHQODXWHQ DXI GLH JHVDPWH 7RQUHLKH VLQG YLHO ]X YLHOHUOHL<br />

XQG YLHO ]X ZHLWKHU JHKROWH DOOHP .LQGJHPl‰HQ ZLGHUVSUHFKHQGH<br />

%H]LHKXQJVPRPHQWH XQG GDKHU DX‰HUVWDQGH GHU *HK|UELOGXQJ HLQH HQWVFKHLGHQGH<br />

6W W]H ]X JHEHQ ³


-DOH<br />

5LFKDUG 0 QQLFK ZDU 6WXGLHQUDW )DFKVHPLQDUOHLWHU XQG $NDGHPLHGR]HQW LQ %HUOLQ<br />

XQG VSlWHU 3URIHVVRU XQG 9RUVWHKHU GHV 0XVLNSlGDJRJLVFKHQ XQG GDQQ GHV<br />

0XVLNZLVVHQVFKDIWOLFKHQ ,QVWLWXWV DQ GHU 6WDDWVPXVLNKRFKVFKXOH :HLPDU<br />

$XV GHQ 9RUJDEHQ YRQ 7RQLND 'R XQG GHP (LW]VFKHQ 7RQZRUW HQWZLFNHOWH HU<br />

LQVSLULHUW DXFK YRQ /DXW EXQJHQ DXV GHP *HVDQJVXQWHUULFKW VHLQ 7RQVLOEHQV\VWHP<br />

Ä-DOH³ DOV +LOIHOHLVWXQJ LQ GHU PXVLNDOLVFKHQ (U]LHKXQJ<br />

9RQ 7RQLND 'R QLPPW HU GLH 5HODWLYLWlW GHU 6LOEHQ YRQ (LW] GLH 9RNDO $OSKDEHWLN GLH<br />

HU GXUFK HLQH QDKHOLHJHQGH .RQVRQDQW $OSKDEHWLN NRQNUHW .OLQJHU $OSKDEHWLN<br />

HUJlQ]W (V HUJLEW VLFK HLQ 6\VWHP YRQ VFKOLFKWHU IDVW ]ZLQJHQGHU /RJLN<br />

6RUWLHUW PDQ GLH %XFKVWDEHQ GHV $OSKDEHWV QDFK 9RNDOHQ XQG .RQVRQDQWHQ<br />

XQWHUVFKLHGHQ LQ 'DXHU XQG $XJHQEOLFNV ODXW HUJLEW VLFK IROJHQGH 7DEHOOH<br />

9RNDOH$ D H L R X<br />

'DXHUODXW M O P Q U V Z M<br />

$XJHQEOLFNVODXW E F G I J K N S T W Y [ \ ]<br />

:LH GHU =XIDOO HV ZLOO VWLPPHQ GLH $Q]DKO GHU 9RNDOH PLW GHU $Q]DKO YRQ<br />

*DQ]WRQVFKULWWHQ XQG GLH $Q]DKO GHU .OLQJHU PLW GHU $Q]DKO YRQ *DQ] XQG<br />

+DOEWRQVFKULWWHQ LQ HLQHU 7RQOHLWHU EHUHLQ 0 QQLFK YHUZHQGHW GLH .OLQJHU VRZLH GLH<br />

HLQIDFKHQ 9RNDOH LQ GHU 5HLKHQIROJH LKUHV (UVFKHLQHQV LP $OSKDEHW<br />

9RQ 7RQVWXIH ]X 7RQVWXIH QLFKW ZLH EHL (LW] YRQ +DOEWRQ ]X +DOEWRQ JHODQJW PDQ<br />

YRQ .OLQJHU ]X QDFKIROJHQGHP .OLQJHU 6R ZLUG YRQ .OLQJHU ]X VHLQHP DOSKDEHWLVFK<br />

IROJHQGHP 1DFKEDUNOLQJHU VWHWV HLQH 6HNXQGH DQJH]HLJW M O O P P Q Q U U<br />

V V Z Z M 9RQ MHGHP DOV $XVJDQJVNOLQJHU HUVWHP JHZlKOWHQ ]XP<br />

EHUQlFKVWHQ GULWWHQ .OLQJHU ZLUG HLQH 7HU] DQJH]HLJW M P O Q P U Q V U<br />

Z V M Z O (EHQVR ODVVHQ VLFK 4XDUWHQ 4XLQWHQ 6H[WHQ XQG 6HSWLPHQ<br />

EHVWLPPHQ GLH 2NWDYH UHLFKW ZLHGHU ]XP HUVWHQ .OLQJHU GHU GHU 6LHKH<br />

GD]X QDFKVWHKHQGH 7DEHOOH 'HQ I QI *DQ]WRQVFKULWWHQ LQQHUKDOE HLQHU 7RQOHLWHU ZLUG<br />

GLH )ROJH GHU I QI 9RNDOH ]XJHRUGQHW ) U +DOEWRQVFKULWWH EOHLEW 9RNDOJOHLFKKHLW ZLH<br />

EHL (LW] DXVJHQRPPHQ GHU QLFKW GLDWRQLVFKHQ $OWHUDWLRQHQ 3ULP 3ULP !<br />

.RQVRQDQWJOHLFKKHLW > MD MH @


,QWHUYDOOEH]HLFKQXQJ$ 6HNXQGH 7HU] 4XDUWH 4XLQWH 6H[WH 6HSWLPH 2NWDYH<br />

$<br />

)RUWVFKULWW .RQVRQDQWUHLKH<br />

)RUWVFKULWW 9RNDOUHLKH<br />

NO JU NO JU<br />

7DEHOODULVFKH hEHUVLFKW GHV Ä-DOH³ 6\VWHPV<br />

UHLQ<br />

EHUP<br />

EHUP<br />

UHLQ<br />

YHUP<br />

NO JU NO JU<br />

$.OLQJHU LQ $%& 5HLKHQIROJH M O P Q U V Z<br />

$9RNDOH LQ $%& 5HLKHQIROJH D H L R X<br />

$-DOH 7RQVLOEHQ MD OH PL QL UR VX ZD<br />

$7RQVWXIHQ +DOEWRQVFKULWWH ! ! !<br />

$&KURPDWLN<br />

E YRQ GHU REHUHQ 6WXIH KHU<br />

DOWHULHUW<br />

$'LH LRQLVFKH 6NDOD<br />

V\PEROLVLHUHQGH 6LOEHQ<br />

$ YRQ GHU XQWHUHQ 6WXIH KHU<br />

DOWHULHUW !<br />

E E E E E<br />

OD PH UL VR ZX<br />

MD OH PL QL UR VX ZD MD<br />

MH OL QR UX VD<br />

.ODQJYROOHU N|QQHQ 6LOEHQ QLFKW VHLQ 0 QQLFKV Ä-DOH³ OLHVW VLFK ZLH GDV ZKR LV ZKR<br />

GHV *HVDQJV EXQJVYRNDEXODUV ) U Ä6LQJEDUNHLW³ LVW EHVWHQV JHVRUJW XQG HLQH<br />

UHODWLYH 6ROPLVDWLRQ OLHJW DXFK YRU (V VFKHLQW GDVV 0 QQLFK HLQ JHHLJQHWHV 'HQN<br />

XQG +LOIVPLWWHO HUVRQQHQ KDW XP VLFK GHQ 7RQUDXP YHUVWHKHQG XQG PXVL]LHUHQG ]X<br />

HUVFKOLH‰HQ 6HLQH 0HWKRGH ZXUGH IROJOLFK EHU -DKUH LP 0XVLNXQWHUULFKW DQJHZDQGW<br />

DOOHUPHLVW DQ $OOJHPHLQELOGHQGHQ 6FKXOHQ LQ GHU ''5<br />

:HUIHQ ZLU QXQ HLQHQ %OLFN DXI GLH LQ XQVHUHP .XOWXUNUHLV lOWHVWH 0HWKRGH<br />

-HQH GLH GLH DQGHUHQ LQVSLULHUW KDW 7RQLND 'R 6LH ZDU ]XHUVW XQG VFKHLQW VLFK GRUW<br />

ZR KHXWH QRFK VROPLVLHUW ZLUG GXUFKJHVHW]W ]X KDEHQ 'RFK DXFK GLHV HLQH<br />

6LOEHQV\VWHP VHOEVW KDW HLQH HQWZLFNOXQJVUHLFKH *HVFKLFKWH $


!!! 'LH Ä(YROXWLRQ³ GHU 7RQLND 'R 0HWKRGH<br />

(V JDE HLQH =HLW LQ GHU HV ]ZDU 0XVLN JDE DEHU NHLQH 0HWKRGH VLH DXI]XVFKUHLEHQ<br />

RGHU LUJHQGZLH NRQNUHW IHVW]XKDOWHQ (V JDE NHLQH DEVROXWHQ 7RQK|KHQ GD PDQ VLH<br />

QLFKW PHVVHQ NRQQWH XQG NHLQH 0LWWHO GLH UHODWLYHQ 7RQEH] JH ]X EHQHQQHQ GD PDQ<br />

GHUDUWLJHV QRFK QLFKW HQWZLFNHOW KDWWH 0DQ OHKUWH 0XVLN LQGHP PDQ VLH PHPRULHUWH<br />

XQG VLQJHQG ZHLWHUJDE<br />

*XLGR YRQ $UH]]R ODW $UHQWLQXV HWZD ZDU HV GHU GHQ :HJ EHUHLWHWH<br />

GLHV ]X lQGHUQ (U EHQXW]H GHQ -RKDQQHV +\PQXV YRQ 3DXOXV 'LDFRQXV EHL GHP GLH<br />

$QIDQJVW|QH HLQHU MHGHQ 7H[W]HLOH GHQ DXIVWHLJHQGHQ 7RQVWXIHQ GHU 'XUWRQOHLWHU<br />

E]Z GHV GDPDOV ]XQlFKVW QXU JHEUlXFKOLFKHQ +H[DFKRUGV VHFKVW|QLJH 6NDOD<br />

HQWVSUDFKHQ (U QDKP GLH $QIDQJVVLOEHQ GHU 7H[W]HLOHQ DOV 1DPHQ VWHOOYHUWUHWHQG I U<br />

GLH MHZHLOLJH 7RQVWXIH (V KDQGHOW VLFK EHL GHP 7H[W XP HLQHQ +\PQXV JHULFKWHW DQ<br />

GHQ KHLOLJHQ -RKDQQHV GHU VHLQH VFKXW]EHIRKOHQHQ &KRUNQDEHQ YRU +HLVHUNHLW<br />

EHZDKUHQ P|JH 1RWHQ V $QKDQJ<br />

2ULJLQDOWH[W GHV -RKDQQHVK\PQXV 'HXWVFKH hEHUVHW]XQJ YRQ + - 0RVHUV<br />

SDVVHQG DXI * 'XU<br />

8W TXHDQW OD[LV *LE GD‰ PLW ORFNHUHP<br />

5HBVRQDUH ILEULV $QVDW] N|QQHQ VLQJHQ<br />

0LBUD JHVWRUXP +HKU ZDV 'X WDWHVW<br />

)DBPXOL WXRUXP &K|UH GHLQHU 6FK OHU<br />

6ROBYH SROOXWL 'D‰ GLFK RKQH )HKO<br />

/DBELL UHDWXP (KUHQ XQVHUH /LSSHQ<br />

6DQFWH -RKDQQHV KHLOJHU -RKDQQHV<br />

:DV ZLU KHXWH JUR‰H 7HU] QHQQHQ ZDU VHLW GHP ] % PLW XW PL ]X EHQHQQHQ<br />

'LH .ORVWHUVFK OHU PXVVWHQ IRUWKLQ QLFKW PHKU QXU JHGlFKWQLVPl‰LJ 6W FNH<br />

(LQVWXGLHUHQ VRQGHUQ HV HU|IIQHWH VLFK GLH 0|JOLFKNHLW HLQH VHOEVWlQGLJH<br />

7RQYRUVWHOOXQJ ]X HQWZLFNHOQ XQG VRPLW DXFK VHOEVWlQGLJ 7|QH ZLHGHU]XJHEHQ<br />

%ODWWVLQJHQ =XGHP HQWZLFNHOWH $UH]]R GLH 1HXPHQ GLH 9RUOlXIHU XQVHUHU<br />

KHXWLJHQ 1RWHQ 'HU 8UVSUXQJ GHU 6ROPLVDWLRQ LVW VRPLW EHVFKULHEHQ


9RQ GRUW DQ ZXUGH VLH EHQXW]W XQG DXFK ZHLWHUHQWZLFNHOW ,P -DKUKXQGHUW<br />

QDFKGHP GLH 7RQOHLWHU DXI VLHEHQ 7|QH LP JDQ]HQ DFKW HUZHLWHUW ZRUGHQ ZDU<br />

EHQDQQWH PDQ GLH VLHEWH 6WXIH PLW GHU 6LOEH Ä VL ³ YRQ ÄVBDQFWXV ,BRKDQQHV³<br />

$XV *U QGHQ GHU EHVVHUHQ 6LQJEDUNHLW XQG GHU 9HUHLQKHLWOLFKXQJ GHU 6LOEHQ DXI HLQHQ<br />

NRQVRQDQWLVFKHQ $QODXW HUVHW]WH XP GHU KROVWHLQLVFKH .DQWRU 2WWR *LEHOLXV GDV<br />

XW GXUFK GR 6SlWHU HUVHW]WH PDQ GHQ ]ZHLWHQ 6 $QODXW EHL ÄVL ³ GXUFK HLQ W ! ÄWL ³<br />

XP GHQ VLHEHQ YHUVFKLHGHQHQ 7RQVWXIHQ DXFK VLHEHQ YHUVFKLHGHQH .RQVRQDQWHQ<br />

]XRUGQHQ ]X N|QQHQ (LQH ZHLWHUH bQGHUXQJ ZDU GLH :HJODVVXQJ GHV Ä O ³ EHL GHU<br />

I QIWHQ 6WXIH ÄVRO ³ ]XP =ZHFN GHU OHLFKWHUHQ $UWLNXODWLRQ +HXWH VLQG YHUVFKLHGHQH<br />

GLHVHU (QWZLFNOXQJVSKDVHQ LQ *HEUDXFK ,Q )UDQNUHLFK EHQXW]W PDQ QDFK ZLH YRU GLH<br />

6LOEH ÄXW ³ LQ ,WDOLHQ GLH 6LOEH ÄVRO ³ XQG ]XP 7HLO ZRKO DXFK QRFK ÄVL ³ 6R JLEW HV<br />

QLFKW GLH HLQGHXWLJ ÄULFKWLJH³ 6ROPLVDWLRQ ,Q GHP DNWXHOO UHOHYDQWHQ %XFK Ä+DQGEXFK<br />

GHU UHODWLYHQ 6ROPLVDWLRQ³ XQG %HLVSLHOKDIW I U HLQH GHXWVFKH %LOGXQJVLQVWLWXWLRQ<br />

DQ GHU +RFKVFKXOH I U 0XVLN Ä+DQQV (LOVHU³ LQ %HUOLQ KDW PDQ VLFK DXI GLH 6LOEHQ<br />

GR UH PL ID VR OD WL GR JHHLQLJW 'LH $UW GHU 7LHIDOWHUDWLRQ LVW KLHU XQG GD DOOHUGLQJV<br />

QLFKW HLQKHLWOLFK ZlKUHQG HUVWHUH GXUFKJHKHQG DXI X WLHI DOWHULHUHQ JHKW PDQ DQ GHU<br />

Ä(LOVHU³ DXI H PL PH OD OH WL WH RGHU DXI D UH UD<br />

'LH (QWZLFNOXQJVYHUVLRQHQ GHU 6ROPLVDWLRQ LQ GHU hEHUVLFKW<br />

XW UH PL ID VRO OD GLH XUVSU QJOLFKHQ $UHWLQLVFKHQ 6LOEHQ<br />

XW UH PL ID VRO OD VL XW ! (UJlQ]XQJ GHU 6WXIH DEJHOHLWHW YRQ 6DQFWXV -RKDQQHV<br />

GR UH PL ID VRO OD VL GR ! EHVVHUH 6LQJEDUNHLW NRQVRQDQWLVFKHU $QODXW<br />

GR UH PL ID VRO OD WL GR ! VLHEHQ XQWHUVFKLHGOLFKH .RQVRQDQWHQ G U P I V O W G<br />

GR UH PL ID VR OD WL GR ! OHLFKWHUH $XVVSUDFKH


!!! *RWWIULHG 6WH\HUV bQGHUXQJHQ LQ GHU 7RQLND 'R 0HWKRGH<br />

'LH 8QRUGQXQJ YRQ 7RQLND 'R<br />

Ä'LH GLDWRQLVFKH 5HLKH > YRQ 7RQLND 'R @ LVW ]X YLHU VLHEWHOQ QRFK *XLGRQLVFK LP<br />

.HUQH EDOG -DKUH DOW DOWHUVVFKZDFK XQG YHUDOWHW :HQQ GLHVH 6LOEHQ EHUKDXSW<br />

QLFKW H[LVWLHUWHQ XQG MHPDQG VLH KHXWH QHX HUIlQGH ODFKWHQ EHVWLPPW VlPWOLFKH<br />

7RQLND % QGOHU GHQ (UILQGHU XQLVRQR DXV ³<br />

%HL VROFKHP +RKQ PDJ GHU 7RQLND 'R )UHXQG ]XQlFKVW JHNUlQNW VHLQ 'LH VFKO VVLJH<br />

/RJLN GHV -DOH 6\VWHPV YHUOHLKW GHU $UURJDQ] GHV +HUUQ 0 QQLFKV DOOHUGLQJV HLQH<br />

JHZLVVH %HUHFKWLJXQJ (U ZDU VHLQHU =HLW YRQ GHU hEHUOHJHQKHLW VHLQHV 6\VWHPV<br />

EHU]HXJW *OHLFKZRKO ZDU HU RIIHQ I U 9HUEHVVHUXQJHQ ZLH VLFK LQ IROJHQGHP =LWDW<br />

]HLJW Ä-DOH LVW ]ZDU LP $XJHQEOLFN GLH EHVWH 6ROPLVDWLRQ > @ DEHU HV LVW NHLQ KHLOLJHU<br />

7H[W XQG GHU -DOHNHW]HU GHU HV YHUEHVVHUQG lQGHUW ZLUG PLU GHU OLHEVWH XQWHU DOO<br />

PHLQHQ 6|KQHQ VHLQ ³<br />

6WH\HU KlOW GDJHJHQ<br />

*RWWIULHG 6WH\HU KDW VLFK GHU +HUDXVIRUGHUXQJ DQJHQRPPHQ XQG VLFK VHLQH<br />

*HGDQNHQ JHPDFKW > EHU -DOH @ Ä%HL DOOHU +RFKDFKWXQJ YRU GHU JHLVWLJHQ /HLVWXQJ<br />

PXVV GRFK NULWLVFK IHVWJHVWHOOW ZHUGHQ GDV ZLU KLHU ZRKO HLQH UDIILQLHUWH 7HFKQLN GHU<br />

,QWHUYDOOEH]HLFKQXQJHQ DEHU DEJHVHKHQ YRP +DOEWRQ NHLQH VLQQIlOOLJH $EELOGXQJ<br />

GHU WRQDOHQ 9HUKlOWQLVVH YRU XQV KDEHQ ³ 6WH\HU ]HLJWH VLFK DOVR YRQ GHU 6\VWHPDWLN<br />

0 QQLFKV EHHLQGUXFNW ZXUGH YLHOOHLFKW VRJDU YRQ LKU LQVSLULHUW IDQG DEHU LQ 7RQLND<br />

'R HLQH 6WlUNH GLH -DOH QLFKW KDW GLH ODXWPDOHULVFKH .UDIW GHU 9RNDOH<br />

'LH XQHUNDQQWH 2UGQXQJ LQ 7RQLND 'R<br />

6R VLHKW HU LQ GHU VFKHLQEDUHQ :LOON U GHU 7RQLND 'R 6LOEHQ IROJHQGH $XIlOOLJNHLW<br />

'DV VSDQQXQJVDUPH NRQ VRQDQWH JXW ]XVDPPHQNOLQJHQGH ,QWHUYDOO GHU 4XLQWH<br />

ILQGHW HLQH (QWVSUHFKXQJ LQ GHU NRQVRQDQWHQ *OHLFKKHLW YRQ 9RNDOHQ GR VR PL WL<br />

XQG GDV VSDQQXQJVYROOH GHV ,QWHUYDOOV GHU NOHLQHQ 6HNXQGH GHV +DOEWRQVFKULWWV<br />

NRPPW LQ GHP VLFK YRQ 6SDQQXQJ ]XU (QWVSDQQXQJ KLQ DXIO|VHQGHQ :HFKVHO YRQ L<br />

QDFK D R ]XP $XVGUXFN PL ID WL GR Ä(V JLOW > @ GHQ :HUW GHU LQVWLQNWPl‰LJ<br />

EHJU QGHWHQ> @ LPPDQHQWHQ 9RNDOZHUWLJNHLW PLW GHP V\VWHPDWLVLHUHQGHQ 9HUVWDQG<br />

]X HUNHQQHQ XQG LKQHQ PLW VHLQHU +LOIH ]XU YROOHQ )UXFKWEDUNHLW ]X KHOIHQ ³ 'LHVHV


ÄLQVWLQNWPl‰LJH³ OlVVW VLFK DXFK YHUVWDQGHVPl‰LJ QRFK HWZDV EHJU QGHQ ZDV LP<br />

.DSLWHO Ä'LH KHOO GXQNHO /RJLN³ JHVFKHKHQ VROO 'HU KHOOVWH VFKDUINOLQJHQGH 9RNDO<br />

Ä L ³ EHL GHP VLFK GLH =XQJH EHU GDV Ä H ³ KLQZHJ DP ZHLWHVWHQ DXV LKUHU 5XKHODJH<br />

KLQDXV QDFK REHQ KHEW VHQNW VLFK ]XP Ä D ³ KLQ ZLHGHU LQ HQWVSDQQWH /DJH XQG KLQ<br />

]XP GXQNOHUHQ ZHLFKHUHQ .ODQJ JLOW DXFK I U Ä R ³ ZR VLFK ]XGHP GLH /LSSHQ<br />

UXQGHQ 6R HQWGHFNW 6WH\HU ]ZHL 2UGQXQJVNULWHULHQ LQ GHQ 7RQLND 'R 6LOEHQ<br />

9RNDOJOHLFKKHLW I U 4XLQWHQ<br />

9RNDOZHFKVHO YRQ ÄKHOO³ QDFK ÄGXQNHO³ I U DXIVWHLJHQGH +DOEWRQVFKULWWH<br />

GDUDXV IROJHQG ZHLWHUKLQ<br />

9RNDOZHFKVHO YRQ ÄGXQNHO³ QDFK ÄKHOO³ I U DXIVWHLJHQGH *DQ]WRQVFKULWWH<br />

EH]LHKW PDQ VLFK DXI GLH GXQNHO ! KHOO )ROJH X R D H L VLHKH 6 I<br />

8QJHRUGQHWH 2UGQXQJ<br />

'LHVH .ULWHULHQ VLQG DOVR LQ 7RQLND 'R VFKRQ DQJHOHJW 8QG GRFK VLQG VLH QLFKW<br />

NRQVHTXHQW GXUFKJHI KUW 'D DOOH 7|QH OHW]WOLFK TXLQWYHUZDQGW VLQG ZlUH HV ZHQLJ<br />

KLOIUHLFK DOOH 4XLQWHQ PLW GHP JOHLFKHQ 9RNDO ]X EHQHQQHQ (V JLOW 4XLQWJUXSSHQ ]X<br />

ELOGHQ (LQH VROFKH VWHOOW VLFKHUOLFK GLH ]HQWUDOH 4XLQWH GR VR GDU GLH LQ DOOHQ<br />

.LUFKHQWRQDUWHQ ORNULVFK DXVJHQRPPHQ JOHLFKVDP GDV )XQGDPHQW ELOGHW<br />

0LW PL WL OLHJW VFKRQ HLQH ]ZHLWH *UXSSH YRU 6LH ZLUG GXUFK GLH 'XU 7HU]HQ YRQ<br />

7RQLND XQG 'RPLQDQWH JHELOGHW :ROOWH PDQ PLW GLHVHP LQWXLWLYHQ JUXSSLHUHQ<br />

IRUWIDKUHQ Z VVWH PDQ GRFK QLFKW UHFKW ZLH 7RQLND 'R ]HLJW NHLQH ZHLWHUH<br />

Ä]ZLQJHQGH³ *UXSSH 'DV VROO IROJHQGH 4XLQWUHLKH GHU 6LOEHQ YHUDQVFKDXOLFKHQ<br />

ID GR VR UH OD PL WL<br />

2UGQHQGH 9HUlQGHUXQJHQ HLQH )UXFKW NRPPW ]XU YROOHQ 5HLIH<br />

$XV OD PDFK OL<br />

+LHU VHW]W 6WH\HU VHLQH 9HUlQGHUXQJ DQ KLHU YHUVXFKW HU GHU 9RNDOVSUDFKH ]XU<br />

(QWIDOWXQJ ]X YHUKHOIHQ $XFK OD LVW HLQH 'XU 7HU] GLH GHU 6XEGRPLQDQWH<br />

6ROO DOVR DXV OD HLQ OL ZHUGHQ 'DV EULQJW HLQH HLQKHLWOLFKH &KDUDNWHULVLHUXQJ GHU<br />

'XU 7HU]HQ ZLH VFKRQ EHL GHQ 0ROO 7HU]HQ YRUKDQGHQ


7 GR PL VR W GR PX VR E]Z PH<br />

6 ID OL GR V ID OX GR E]Z OH<br />

' VR WL UH G VR WX UH E]Z WH<br />

*OHLFK]HLWLJ JHVWDOWHW VLFK GLH 4XLQWUHLKH EHUVLFKWOLFKHU<br />

ID GR VR UH OL PL WL<br />

'DV 2UGQXQJVNULWHULXP 1XPPHU DXIVWHLJHQGH *DQ]WRQVFKULWWH ZHUGHQ ÄKHOOHU³<br />

LVW GDPLW DOOHUGLQJV QRFK QLFKW JlQ]OLFK XPVHW]EDU<br />

GR UH PL ID VR OL WL GR<br />

=XQlFKVW P VVHQ GLH 5HJHOQ 1U XQG HUJlQ]W ZHUGHQ<br />

]X DXIVWHLJHQGH 4XLQWHQ EOHLEHQ JOHLFK RGHU ZHUGHQ KHOOHU UH OL VR UH<br />

]X ZHUGHQ KHOOHU RGHU EOHLEHQ JOHLFK OL WL<br />

9HUWDXVFKH Ä D ³ PLW Ä R ³<br />

8QSDVVHQG EOHLEW QRFK LPPHU GDV ID 'LH 9RNDOIROJH ID VR I U HLQHQ DXIVWHLJHQGHQ<br />

*DQ]WRQVFKULWW ZLGHUVSULFKW 5HJHO 6LH P VVWH KHOOHU QLFKW GXQNOHU ZHUGHQ 8QG GLH<br />

4XLQWH ID GR EOHLEW DXFK QLFKW JOHLFK QRFK ZLUG VLH KHOOHU VRQGHUQ GXQNOHU<br />

+LHU PDFKW 6WH\HU VHLQHQ ]ZHLWHQ 6WUHLFK XQG ]DXEHUW PLW HLQHU NOHLQHQ bQGHUXQJ<br />

HLQH VFKO VVLJH 6LOEHQUHLKH HU YHUWDXVFKW Ä R ³ XQG Ä D ³<br />

'DUDXV HUJHEHQ VLFK GLH EHLGHQ 5HLKHQ GLH JlQ]OLFK GHQ GUHL JHIXQGHQHQ<br />

2UGQXQJVNULWHULHQ HQWVSUHFKHQ<br />

x 4XLQWUHLKH GHV GLDWRQLVFKHQ 0DWHULDOV IR GD VD UH OL PL WL<br />

x 6HNXQGVFKULWWH GHU 'XUWRQOHLWHU GD UH PL IR VD OL WL GD<br />

LRQLVFKH 'XUWRQOHLWHU<br />

9HUVWlQG OLFKH 81' VS UEDUH 2UGQXQJ<br />

(V KDEHQ VLFK VRPLW 2UGQXQJVSULQ]LSLHQ JHIXQGHQ<br />

$XIVWHLJHQGH 4XLQWHQ EOHLEHQ 9RNDO JOHLFK RGHU ZHUGHQ KHOOHU<br />

$XIVWHLJHQGH +DOEWRQVFKULWWH ZHUGHQ GXQNOHU<br />

$XIVWHLJHQGH *DQ]WRQVFKULWWH ZHUGHQ KHOOHU RGHU EOHLEHQ JOHLFK<br />

) U DEVWHLJHQGH ,QWHUYDOOH JLOW IROJOLFK GDV XPJHNHKUWH $OV ZHVHQWOLFK PDJ PDQ VLFK<br />

I U 4XLQWHQ GDV JOHLFK EOHLEHQ GLH 6WDELOLWlW PHUNHQ I U GLH *DQ]WRQVFKULWWH GDV<br />

PRGHUDW IRUWVFKUHLWHQGH GDV KHOOHU ZHUGHQ (LQH EHVRQGHUH $XIPHUNVDPNHLW ]LHKW<br />

GHU +DOEWRQVFKULWW DXI VLFK ,Q LKP OLHJW GLH JU|‰WH 6SDQQXQJ :lKUHQG 4XLQWHQ


GLUHNW TXLQWPl‰LJ YHUZDQGW VLQG XQG *DQ]W|QH QXU HLQH 'RSSHOTXLQWH YRQHLQDQGHU<br />

HQWIUHQW VLQG ]HLFKQHW GHQ +DOEWRQ HLQH 'LVWDQ] YRQ 4XLQWHQ DXV JUR‰H )HUQH<br />

)UHPGKHLW $XV GLHVHP *UXQG ILQGHW VLFK KLHU VLQQIlOOLJHU ZHLVH LPPHU HLQ<br />

9RNDOEUXFK ZLHGHU 'DV KHOOH H[WUHPH L WULIIW DXI GDV GHXWOLFK GXQNOHUH R E]Z D<br />

PL IR WL GD :XQGHUEDU HUJLEW VLFK GDUDXV GDVV LQ GHU /HLWW|QLJNHLW GHU<br />

GXQNOHUH 9RNDO VLFK QDFK XQWHQ IDOOHQ ODVVHQ P|FKWH ZlKUHQG GHU KHOOH 9RNDO<br />

JOHLFK HLQHP 3IHLO QDFK REHQ VWUHEW ) U DOOH GLDWRQLVFKHQ +DOEWRQVFKULWWH JLOW GDVV<br />

LQ GHU 9RNDOUHLKH X R D H L PLQGHVWHQV HLQ 9RNDO HQWJHJHQ GHU 5LFKWXQJ GHU<br />

+DOEWRQIRUWVFKUHLWXQJ EHUVSUXQJHQ ZLUG DXIVWHLJHQG L WULIIW D R X H WULIIW DXI X<br />

D WULIIW DXI X DEVWHLJHQG X WULIIW DXI D H L R WULIIW DXI L D WULIIW DXI L $X‰HUGHP<br />

LVW PLQGHVWHQV HLQ ([WUHPYRNDO EHWHLOLJW X L GD ± UX UH ± PX PL ± IR VD ± OX<br />

OL ± WX WL ± GD 6R VSLHJHOW VLFK PXVLNDOLVFKH 7HQGHQ] XQG 6SDQQXQJVFKDUDNWHU LP<br />

)DUEZHFKVHO GHU 9RNDOH ZLGHU $XV GLHVHQ hEHUOHJXQJHQ HUJLEW VLFK ZHLWHUJHI KUW<br />

HLQH (QKDUPRQLN IUHLH FKURPDWLVFKH 9RUUDWVVNDOD I U DOOH .LUFKHQWRQDUWHQ<br />

GD UX UH PX PL IR IL VD OX OL WX WL GD<br />

UX ]XP %HLVSLHO LVW KLHUEHL QLFKW DOV WLHIDOWHULHUWHV LRQLVFKHV UH ]X YHUVWHKHQ VRQGHUQ<br />

DOV GLH 3KU\JLVFKH 6HNXQGH 'LH 4XLQWUHLKH ]HLJW QXQ NODUH *UXSSHQ 7LHIDOWHULHUWH<br />

7RQVWXIHQ XQG 0ROOWHU]HQ DXI X 6XEGRPLQDQWH DXI R =HQWUDOTXLQWH DXI D<br />

'RSSHOGRPLQDQWH DXI H XQG 'XUWHU]HQ HLQVFKOLH‰OLFK GLH GHU '' DXI L<br />

VX UX PX OX WX IR GD VD UH OL PL WL IL<br />

(LQ )D]LW<br />

6R EHWUDFKWHW HQWSXSSW VLFK -DOH JHZLVVHUPD‰HQ DOV IDUEHQEOLQG EH] JOLFK GHU<br />

9RNDOH +DOEWRQVFKULWWH YRNDOJOHLFK ]X EHQHQQHQ PDJ LQ HLQHP DXVJHNO JHOWHQ<br />

6\VWHP VHLQH /RJLN KDEHQ 6LH HQWEHKUW DEHU HLQHU 6LQQIlOOLJNHLW XQG GHU<br />

(PSILQGEDUNHLW GHU 'LV VRQDQ] GLH *RWWIULHG 6WH\HU LQ 7RQLND 'R DXI]HLJW XQG<br />

GXUFK VHLQH bQGHUXQJHQ ]XU YROOHQ (QWIDOWXQJ JHEUDFKW KDW 'DV =HQWUXP GHU<br />

%HWUDFKWXQJ LVW GLH 4XLQWH DOV 8UHOHPHQW GHU PXVLNDOLVFKHQ 9HUZDQGWVFKDIWV<br />

EH]LHKXQJHQ ,KU JHE KUW GLH YRNDOH 1lKH DOV $XVGUXFN YRQ .RQ VRQDQ]<br />

6WH\HU HQWZLFNHOW 7RQLND 'R TXDVL HYROXWLRQVPl‰LJ 'DV %HVWH ZLUG EHZXVVW EOHLEW<br />

ZLUG ÄEHVVHU³ GLH .ULWLN ZLUG HQWNUlIWHW ) U PDQFKHQ PDJ GDV UHYROXWLRQlU<br />

HUVFKHLQHQ ) U 6WH\HU LVW HV DEHU HKHU HLQ GDQNEDUHV (QWGHFNHQ HLQHU VFK|QHQ<br />

2UGQXQJ DOV HLQ PXWZLOOLJHV bQGHUQ :ROOHQ


'HV ZHLWHUHQ JLOW HV ]X HQWGHFNHQ GDVV GDV ,QWXLWLYH VLFK DXV GHU 1DWXU KHUDXV<br />

EHJU QGHQ Ol‰W<br />

!!! 'LH +HOO 'XQNHO /RJLN<br />

*RWWIULHG 6WH\HU lX‰HUW LQ VHLQHU %HXUWHLOXQJ GHU YHUVFKLHGHQHQ 7RQVLOEHQV\VWHPH<br />

GDV =LHO GLH LQVWLQNWPl‰LJ EHJU QGHWHQ9RNDOZHUWLJNHLWHQ PLW GHP V\VWHPDWLVLHUHQGHQ<br />

9HUVWDQG HUNHQQHQ XQG LKQHQ ]XU YROOHQ )UXFKWEDUNHLW KHOIHQ ]X ZROOHQ 'LHVHP<br />

LQVWLQNWPl‰LJHQ P|FKWH LFK QRFK PDO QDFKVS UHQ (V JHKW DOVR XP :HUWH XP<br />

8QWHUVFKLHGH ]ZLVFKHQ GHQ 9RNDOHQ GLH LQVWLQNWPl‰LJ QDFK]XYROO]LHKHQ VHLHQ<br />

0DQ P|JH VLFK GDUDXI HLQODVVHQ XQG HLQPDO IUHL DVVR]LLHUHQ LQ +LQEOLFN DXI GLH<br />

9RNDOH %HLP Ä L ³ NOLQJW HV PLU KHOO XQG LFK K|UH MHPDQGHQ ÄLLLLKK³ NUHLVFKHQ<br />

TXLHNHQ (LQH 7 U PDJ L Pl‰LJ TXLHWVFKHQ HLQH 0DXV L Pl‰LJ SLHSVHQ (V W|QW HKHU<br />

KRFK DOV WLHI EHLP Ä L ³ %HLP Ä X ³ GDJHJHQ W|QW HV PLU GXQNHO 'D K|UH LFK HLQ<br />

ODQJJH]RJHQHV ÄPXXXKKK³ HLQHU .XK RGHU HLQ HUQLHGULJHQGHV ÄEXXXKK³ LP<br />

.RQ]HUWVDDO 'DV Ä D ³ VLHGHOW VLFK ZRKO GD]ZLVFKHQ DQ .ODU IHVW VWDELO ]HQWUDO NOLQJW<br />

HLQ ÄMD ³ RGHU HLQ ÄGD ³ 0DQ NDQQ GHQ 9RNDOHQ IUHL KHUDXV HLQHQ :HUW DEI KOHQ 6R<br />

EHNRPPW PDQ PLWXQWHU LQ 2UFKHVWHUSUREHQ ]X K|UHQ ÄGHQNHQ VLH PHKU L ³ %HL<br />

0HGLWDWLRQHQ NOLQJW JHUQH HLQ DXV GHU 7LHIH NRPPHQGHV Ä R ³ PP (V OLH‰H VLFK ZRKO<br />

HLQH HLJHQH $UEHLW EHU GLH Ä:HUWLJNHLW³ GHU 9RNDOH LKUH MHZHLOLJH (LJHQVFKDIW DOV I U<br />

VLFK VWHKHQGH /DXWH VFKUHLEHQ +LHU P|FKWH LFK DOOHUGLQJV QXU DXI HLQHQ VHKU<br />

VDFKOLFKHQ $VSHNW NRPPHQ GHU UHLQ SK\VLNDOLVFK GLHVH $VVR]LDWLRQHQ EHJU QGHQ<br />

OlVVW GLH 9RNDOIRUPDQWHQ %HL MHGHP 7RQ NOLQJW QLFKW QXU GHU *UXQGWRQ *UXQGZHOOH<br />

VRQGHUQ DXFK YHUVFKLHGHQH 2EHUW|QH 7HLOW|QH 'LHVH 2EHUW|QH VLQG<br />

XQWHUVFKLHGOLFK VWDUN (LQ )RUPDQW LVW HLQ (QHUJLHPD[LPXP LP 6SHNWUXP HLQHV 7RQHV<br />

HLQ EHVRQGHUV VWDUNHU 7HLOWRQ -HGHP 9RNDO ODVVHQ VLFK YHUVFKLHGHQH )RUPDQWHQ<br />

]XRUGQHQ (V HUJLEW VLFK IROJHQGH $XIOLVWXQJ<br />

)RUPDQW %HUHLFKH GHXWVFKHU 9RNDOH 4XHOOH 8G. %HUOLQ 6HQJSLHO<br />

9RNDO +DXSWEHUHLFK XP FD 1HEHQEHUHLFK XP FD<br />

8 +] +]<br />

2 +] +]<br />

$ +] +]<br />

( +] +]<br />

, +] +]


'HQ )RUPDQWHQ QDFK YRQ WLHIHQ KLQ ]X K|KHUHQ )UHTXHQ]EHUHLFKHQ OlVVW VLFK VRPLW<br />

IROJHQGH 9RNDOUHLKH ILQGHQ X R D H L<br />

) U 6FKDOOZHOOHQ JLOW MH ODQJVDPHU GLH 6FKZLQJXQJ GHVWR WLHIHU GHU 7RQ<br />

$XV GHU *UXQGHUIDKUXQJ GDVV WLHI GXQNHO XQG KRFK KHOO VHL N|QQHQ ZLU VDJHQ GDVV<br />

Ä X ³ DXIJUXQG VHLQHU WLHIHQ 9RNDOIRUPDQWHQ GXQNHO VHL XQG Ä L ³ KHOO 8QG I U GLH<br />

REHQ HUZlKQWH 9RNDOUHLKH JLOW HLQ KHOOHU ZHUGHQ YRQ GXQNHO QDFK KHOO KLQ %]Z HV<br />

Ol‰W VLFK MH QDFK :HFKVHO YRP HLQHQ ]XP DQGHUHQ 9RNDO EHQHQQHQ RE HV KHOOHU RGHU<br />

GXQNOHU ZHUGHQ Z UGH<br />

6WH\HUV 7RQZRUW EHNRPPW VRPLW DXFK HLQH VHKU K EVFKH XQG JHZLVVHUPD‰HQ<br />

]ZLQJHQGH /RJLN GLH ]HQWUDOH LQ MHGHU .LUFKHQWRQDUW YRUNRPPHQGH *UXQGTXLQWH<br />

GD VD LVW GXUFK GHQ VWDELOHQ ]HQWUDOHQ 9RNDO Ä D ³ UHSUlVHQWLHUW 'LH TXLQWPl‰LJ<br />

WLHIHUH 6XEGRPLQDQWH EHQXW]W GDV GXQNOHUH Ä R ³ GLH 'RSSHOGRPLQDQWH GDV KHOOHUH<br />

Ä H ³ 'LH TXLQWPl‰LJ K|KHU JHOHJHQHQ 'XUWHU]HQ NOLQJHQ DXI Ä L ³ -HGH 7LHIDOWHUDWLRQ<br />

ZLUG GXUFK HLQ Ä X ³ NHQQWOLFK JHPDFKW 6R JHZLQQW DXFK GLH hEHUVHW]XQJ GHV<br />

ODWHLQLVFKHQ :RUWHV GXUXP KDUW HLQH VLQQLJH 5HSUlVHQWDQ] GLH 'XU 7RQDUWHQ VLQG<br />

GXUFK GDV KHOOH VSLW]H VFKDUIH KDUWH Ä L ³ GRPLQLHUW 'LH 0ROO 7RQDUWHQ GDJHJHQ<br />

ODWHLQLVFK PROOH ZHLFK GXUFK GDV GXQNOH ZHLFKH Ä X ³<br />

'LH 9RNDO 5HLKH X R D H L ILQGHW PDQ DXFK LP VR JHQDQQWHQ 9RNDOGUHLHFN $QKDQJ<br />

'RUW JHKW HV XP GLH $UWLNXODWLRQ GHU 9RNDOH Ä D ³ LVW GHU ]HQWUDOH 9RNDO ]X GHVVHQ<br />

%LOGXQJ NDXP PHKU DOV HLQ JH|IIQHWHU 0XQG Q|WLJ LVW Ä X ³ LVW HLQ Ä([WUHP³ 9RNDO ]X<br />

GHVVHQ %LOGXQJ GLH /LSSHQ JHUXQGHW ZHUGHQ P VVHQ Ä R ³ OLHJW ]ZLVFKHQ Ä D ³ XQG<br />

Ä X ³ Ä L ³ LVW GHU DQGHUH Ä([WUHP³ 9RNDO ]X GHVVHQ ZRKO ÄDQVWUHQJHQGVWHU³<br />

%LOGXQJ GLH =XQJH DQJHKREHQ ZHUGHQ PXVV Ä H ³ OLHJW ]ZLVFKHQ Ä D ³ XQG Ä L ³ ,Q<br />

GHP 6LQQH ILQGHW VLFK GDV ÄHQWVSDQQWH³ GHU *UXQGTXLQWH GD VD DXFK LQ VHLQHU<br />

$UWLNXODWLRQ ZLHGHU HLQ 6SDQQXQJV :HFKVHO LQ GHQ +DOEWRQVFKULWWHQ PL IR XQG WL<br />

GD 8QWHU $QEHWUDFKW GHU YHUVFKLHGHQHQ VFKO VVLJHQ $VSHNWH PHUNW 6WH\HU ZRKO ]X<br />

UHFKW DQ Ä6R LVW GHU 9HUVWDQG ZHQLJHU 6FK|SIHU RGHU $OOHLQKHUUVFKHU VRQGHUQ LVW<br />

HKHU GHP EHVFKQHLGHQGHQ XQG YHUHGHOQGHQ *lUWQHU ]X YHUJOHLFKHQ ³


!!! Ä5HODWLY³ UHODWLY RGHU ÄDEVROXW³ UHODWLY<br />

,Q DQGHUHQ .XOWXUNUHLVHQ ] % )UDQNUHLFK LVW HV GXUFKDXV EOLFK GLH DEVROXWH<br />

6ROPLVDWLRQ ]X YHUZHQGHQ 'DV EHGHXWHW GDVV GLH 6LOEH XW E]Z GR JHQHUHOO I U<br />

GHQ DEVROXWHQ 7RQ F XQG GLH 6LOEH UH I U GHQ 7RQ G HWF VWHKW<br />

,Q GHU UHODWLYHQ 6ROPLVDWLRQ VWHKW GR LPPHU I U GLH 7RQLND GLH HUVWH 7RQVWXIH XQG<br />

NDQQ VRPLW MH QDFK 7RQDUW ] % HLQ J RGHU HLQ HV HWF VHLQ 'HVKDOE GLH %H]HLFKQXQJ<br />

7RQLND GR 0HWKRGH 1XQ JLEW HV DEHU XQWHU GHQ $QZHQGHU GHU UHODWLYHQ 6ROPLVDWLRQ<br />

LQ GHU $EVROXWKHLW GHU 5HODWLYLWlW QRFK 8QWHUVFKLHGH 'LH $XWRUHQ GHV %XFKHV<br />

Ä+DQGEXFK GHU UHODWLYHQ 6ROPLVDWLRQ³ 0DOWH +H\JVWHU XQG 0DQIUHG *UXQHQEHUJ<br />

OHKUHQ WUDGLWLRQVJHPl‰ JHZLVVHUPD‰HQ HLQH ÄUHODWLYH³ 5HODWLYLWlW *HPHLQW LVW GLH<br />

)UDJH QDFK GHQ YHUVFKLHGHQHQ .LUFKHQWRQDUWHQ QDFK 'XU XQG 0ROO GR LVW EHL LKQHQ<br />

]ZDU LQ MHGHU 'XUWRQOHLWHU GLH 7RQLND 'LH QDW UOLFKH 0ROOWRQOHLWHU DHROLVFK ZLUG EHL<br />

LKQHQ DOOHUGLQJV DXI OD JHELOGHW 8QG DOOH ZHLWHUHQ .LUFKHQWRQDUWHQ DXI GHQ ZHLWHUHQ<br />

7RQVWXIHQ VR GDVV GRULVFK DXI UH SKU\JLVFK DXI PL O\GLVFK DXI ID HWF JHELOGHW<br />

ZLUG 6WH\HU VFKOlJW KLHU HLQH ÄDEVROXWH³ 5HODWLYLWlW YRU 6HLQ GD VWHKW LQ MHGHU<br />

.LUFKHQWRQDUW I U GLH 7RQLND VR GDVV MH QDFKGHP YHUVFKLHGHQH 7RQVWXIHQ DOWHULHUW<br />

ZHUGHQ P VVHQ ,P IROJHQGHQ VROO GHXWOLFK ZHUGHQ ZLH VHKU HU GDPLW GLH MHZHLOLJH<br />

&KDUDNWHULVWLN GHU HLQ]HOQHQ .LUFKHQWRQDUWHQ NHQQWOLFK PDFKW<br />

!!! 6WUXNWXU GHU .LUFKHQWRQDUWHQ XQG LKUH Ä)DUEHQ³ LQ GHU 6WH\HUVFKHQ 6ROPLVDWLRQ<br />

-HGH .LUFKHQWRQDUW VWHOOW HLQH 'XU RGHU 0ROO 7RQLND EHUHLW ]X GHU KLQ PDQ LQ GHQ MH<br />

XQWHUVFKLHGOLFKHQ :HLVHQ .DGHQ]LHUHQ NDQQ -HGH .LUFKHQWRQDUW LVW HLQH P|JOLFKH<br />

*UXQGWRQDUW LQ GHU PDQ VLFK HLQ JDQ]HV 6W FN KLQGXUFK RGHU $EVFKQLWWVZHLVH<br />

EHZHJHQ NDQQ (LQH $XVQDKPH ELOGHW KLHU GLH ORNULVFKH 6NDOD GLH NHLQH *UXQGTXLQW<br />

HQWKlOW XQG VRPLW GLH HLJHQWOLFKVWH $NNRUGIROJH 'RPLQDWH 7RQLND QLFKW HUP|JOLFKW<br />

XQG VRPLW SUDNWLVFK DOV *UXQGWRQDUW QLFKW EHQXW]W ZLUG 'LH 4XLQWH GHU HUVWH<br />

)UHPGWRQ LQ GHU 3DUWLDOWRQUHLKH VFKHLQW DXFK KLHU YRQ JUXQG OHJHQGHU %HGHXWXQJ ]X<br />

VHLQ (WOLFKH 6WUXNWXUPHUNPDOH VLQG DOOHQ .LUFKHQWRQOHLWHUQ JOHLFK<br />

x -HGH .LUFKHQWRQDUW *UXQGWRQDUW KDW VLHEHQ YHUVFKLHGHQH 7|QH<br />

x 0LW GHU 2NWDYH JLEW HV LPPHU DFKW 7RQVWXIHQ XQG VRPLW ]ZHL 7HWUDFKRUGH<br />

x ,Q MHGHU .LUFKHQWRQDUW VLQG *DQ] XQG +DOE WRQVFKULWWH HQWKDOWHQ


x GD LVW LPPHU GHU *UXQGWRQ XQG VFKOLH‰W PLW GHU 2NWDYH GLH EHLGHQ 7HWUDFKRUGH HLQ<br />

x 'LH 'RPLQDQWH VD LVW LQ MHGHU DOV *UXQGWRQDUW ]X YHUZHQGHQGHQ .LUFKWRQDUW<br />

YRUKDQGHQ ORNULVFK LVW GHVKDOE QLFKW DOV VHOEVWlQGLJH 7RQDUW HWDEOLHUW > VX @<br />

x IR LVW DOV 8QWHUTXLQWH 6XEGRPLQDQWH DXVVHU LQ O\GLVFK GHU GULWWH VWDELOH 7RQ<br />

x UH PL OL WL DOWHULHUHQ GLH 7RQVWXIHQ DOWHULHUHQ MH Q DFK .LUFKHQWRQDUW QDFK XQWHQ<br />

'LH 8QWHUVFKLHGH GHU .LUFKHQWRQDUWHQ ODVVHQ VLFK VLQQYROO LQ GHQ KHOO GXQNHO .RQWH[W<br />

VWHOOHQ 6R ZLH *RWWIULHG 6WH\HU GLH 6ROPLVDWLRQVVLOEHQ JHRUGQHW KDW ZLUNW GLH<br />

ODXWPDOHULVFKH .UDIW GHU 9RNDOH QXQ XP XQV ]X KHOIHQ GLH W\SLVFKHQ &KDUDNWHULVWLND<br />

GHU YHUVFKLHGHQHQ .LUFKHQWRQOHLWHUQ GHXWOLFK ZDKU]XQHKPHQ =XQlFKVW PDJ PDQ<br />

]ZLVFKHQ 'XU XQG 0ROO WRQOHLWHUQ XQWHUVFKHLGHQ (V JLEW GHUHU MHZHLOV GUHL SOXV GLH<br />

$XVQDKPHWRQDUW ORNULVFK ZHOFKH DXFK DOV 0ROOWRQOHLWHU ]lKOW<br />

'DEHL JLEW HV MHZHLOV HLQH ]HQWUDOH PD‰JHEHQGH 7RQDUW XQG GDQQ HLQH KHOOHUH XQG<br />

HLQH GXQNOHUH $OV GLH ]HQWUDOH 'XU 7RQOHLWHU LVW XQV GLH LRQLVFKH YHUWUDXW ,P %H]XJ<br />

]XP *UXQGWRQ ELOGHW VLH VLFK DXVVFKOLH‰OLFK DXV UHLQHQ XQG JUR‰HQ ,QWHUYDOOHQ ,KUH<br />

6LOEHQIROJH LVW GD UH PL IR VD OL WL GD IR GD VD UH OL PL WL $OV GLH KHOOHUH<br />

'XUWRQOHLWHU XQG VRPLW KHOOVWH .LUFKHQWRQDUW EHUKDXSW ]HLJW VLFK O\GLVFK 6LH HQWKlOW<br />

NHLQH HLQ]LJH 8QWHUTXLQWH XQG VRJDU HLQ EHUPl‰LJHV ,QWHUYDOO IL<br />

GD UH PL IL VD OL WL GD GD VD UH OL PL WL IL $OV GLH GXQNOHUH 'XUWRQOHLWHU ILQGHW VLFK<br />

PL[RO\GLVFK +LHU LVW LP 9HUJOHLFK ]XP LRQLVFKHQ GLH VLHEWH 6WXIH HUQLHGULJW WX E<br />

GD UH PL IR VD OL WX GD WX IR GD VD UH OL PL<br />

$OV ]HQWUDOH 0ROOWRQOHLWHU LVW XQV DHROLVFK YHUWUDXW 'RUW LVW GLH XQG 6WXIH<br />

HUQLHGULJW GD UH PX IR VD OX WX GD OX PX WX IR GD VD UH 'LH KHOOHUH 0ROOWRQOHLWHU<br />

LVW GRULVFK +LHU NOLQJW GLH JUR‰H 6WXIH OL GD UH PX IR VD OL WX GD<br />

PX WX IR GD VD UH OL 'LH GXQNOHUH 0ROOWRQOHLWHU LVW SKU\JLVFK 6LH KDW GLH<br />

YHUPLQGHUWH 6WXIH UX E GD UX PX IR VD OX WX GD UX OX PX WX IR GD VD<br />

9RQ HLQHU KHOOHUHQ ]X HLQHU QlFKVW GXQNOHUHQ 7RQDUW lQGHUW VLFK DOVR LPPHU QXU HLQH<br />

7RQVWXIH ,Q %H]LHKXQJ ]X GHQ ]HQWUDOHQ 7RQOHLWHUQ LRQLVFK XQG DHROLVFK ODVVHQ VLFK<br />

SUlJQDQWH 0HUNPDOH I U GLH DQGHUHQ 0RGL EHQHQQHQ


'XU 7RQOHLWHUQ 0ROO 7RQOHLWHUQ<br />

KHOOHU O\GLVFK IL GRULVFK OL<br />

]HQWUDO LRQLVFK DHROLVFK PX E OX E WX E<br />

GXQNOHU PL[RO\GLVFK WX E SKU\JLVFK UX E<br />

ORFULVFK VX E<br />

0DQ EHWUDFKWH KLHU]X DXFK GLH 7HWUDFKRUGLVFKH hEHUVLFKW GHU 7RQOHLWHUQ LP $QKDQJ<br />

GLH YRQ REHQ QDFK XQWHQ YRP KHOOHQ O\GLVFK VLFK VWHWLJ DEGXQNHOQG ELV ]XP ORFULVFK<br />

KLQ JHRUGQHW LVW<br />

!!! :HUN]HXJH $UEHLWV XQG hEHPLWWHO 'HQNKLOIHQ hEHUVLFKWHQ<br />

'LH %HVFKlIWLJXQJ PLW GHU 6ROPLVDWLRQ XQG LP ZHLWHUHQ PLW GHQ .LUFKHQWRQOHLWHUQ<br />

YHUODQJW VFKOLH‰OLFK HLQLJH hEXQJ XQG PDJ ]XQlFKVW VFKZHU ]X GXUFKGULQJHQ<br />

VFKHLQHQ =XP =ZHFNH GHU NODUHQ hEHUVLFKW XQG 'XUFKVLFKW KDW *RWWIULHG 6WH\HU<br />

VRZLH VHLQ 6RKQ &KULVWLDQ XQG QXQPHKU DXFK LFK VHOEVW HLQLJHV LQ )RUP YRQ 7DEHOOHQ<br />

XQG $EELOGXQJHQ HUGDFKW E]Z ]XVDPPHQJHVWHOOW<br />

x 6WH\HUVFKH 4XLQWWDEHOOH *RWWIULHG 6WH\HU<br />

x 6WH\HUVFKH )LQJHUKLOIH &KULVWLDQ 6WH\HU<br />

x 7DEHOOH DOOHU GLDWRQLVFKHU ,QWHUYDOOH .ULVWRIHU %HQQ<br />

x 7HWUDFKRUGLVFKH hEHUVLFKW GHU .LUFKHQWRQDUWHQ .ULVWRIHU %HQQ<br />

x 'HU Ä6ROPLVDWRU³ .ULVWRIHU %HQQ<br />

,P IROJHQGHQ P|FKWH LFK GLHVH LP $QKDQJ VLFK EHILQGOLFKHQ +LOIVPLWWHO HUOlXWHUQ<br />

XQG DXI $VSHNWH LKUHV P|JOLFKHQ 1XW]HQ DXIPHUNVDP PDFKHQ<br />

'LH 6WH\HUVFKH 4XLQWWDEHOOH<br />

'LH 7DEHOOH JLEW HLQHQ hEHUEOLFN EHU GDV MHZHLOLJH 7RQPDWHULDO DOOHU<br />

.LUFKHQWRQOHLWHUQ LQ DOOHQ 7RQDUWHQ =XGHP VLQG GLH .LUFKHQWRQOHLWHUQ 0RGL LQ<br />

LKUHQ MHZHLOLJHQ 7RQVLOEHQ DE]XOHVHQ XQG HV LVW ]X HUNHQQHQ ZHOFKHU DEVROXWH 7RQ LQ<br />

HLQHU EHVWLPPWHQ 7RQDUW ZHOFKHU UHODWLYHQ 7RQVLOEH 7RQVWXIH HQWVSULFKW<br />

'HU $XIEDX


6RZRKO LQ GHQ =HLOHQ ZLH DXFK LQ GHQ 6SDOWHQ ZHUGHQ 4XLQWHQ JHVFKLFKWHW ,Q MHGHU<br />

=HLOH VLQG MHZHLOV DOOH VLHEHQ 6WDPPW|QH & ' ( ) * $ + YHUWUHWHQ 6LH VLQG LQ GHU<br />

REHUVWHQ =HLOH GXUFK .UHX]H DOOH KRFK DOWHULHUW $EVWHLJHQG QHKPHQ GLH<br />

.UHX]YRU]HLFKHQ DE ELV KLQ ]XU ]HQWUDOHQ =HLOH GHU UHLQHQ 6WDPPW|QH RKQH<br />

9RU]HLFKHQ :HLWHU DEVWHLJHQG QHKPHQ GLH E 9RU]HLFKHQ ]X ELV KLQ ]XU XQWHUVWHQ<br />

=HLOH GHV REHUHQ 7HLOV GHU 7DEHOOH ZR DOOH VLHEHQ 6WDPPW|QH GXUFK EHV WLHI DOWHULHUW<br />

VLQG 'LH =HQWUDOH =HLOH ]HLJW DOVR GDV 7RQPDWHULDO GHU LRQLVFKHQ & 'XUWRQOHLWHU LQ<br />

4XLQWHQ JHVFKLFKWHW 9RQ GRUW ]HLOHQZHLVH DXIVWHLJHQG TXDVL GHP 4XLQWHQ]LUNHO<br />

JOHLFK LVW GDV 7RQPDWHULDO GHU 'XU 7RQOHLWHU PLW HLQHP .UHX] * 'XU GDQQ PLW<br />

.UHX]HQ ' 'XU HWF DE]XOHVHQ 6HOELJHV JLOW QDFK XQWHQ KLQ I U GLH E 7RQDUWHQ<br />

) 'XU % 'XU HWF $OOHUGLQJV LVW MD GDV 7RQOHLWHUPDWHULDO YRQ & 'XU QLFKW QXU GHU<br />

LRQLVFKHQ & 6NDOD YRUEHKDOWHQ (V ELOGHW VLFK GDUDXV DXFK GLH GRULVFKH ' 7RQOHLWHU<br />

RGHU GLH 3DUDOOHOWRQDUW $ $HROLVFK XQG DOVR DOOH DQGHUHQ GLDWRQLVFKHQ 0RGL =XP<br />

hEHUVFKDXHQ GLHVHU 9HUZDQGWVFKDIWHQ NRPPW GHU XQWHUH 7HLO GHU 7DEHOOH KLQ]X<br />

,Q MHGHU =HLOH VWHKHQ GLH VLHEHQ 7RQVLOEHQ GLH GLH VLHEHQ 7RQVWXIHQ YHUWUHWHQ<br />

'LH *UXQGTXLQWH GD VD ELOGHW GDEHL GDV DOOHQ 0RGL JHPHLQVDPH ZRKO XQYHU]LFKWEDUH<br />

*UXQGHOHPHQW -H QDFK .LUFKHQWRQOHLWHU GLH GDUJHVWHOOW ZHUGHQ VROO VLQG HLQ]HOQH RGHU<br />

PHKUHUH 7RQVLOEHQ LQ 8QWHUVFKHLGXQJ ]X ,RQLVFK DOWHULHUW /\GLVFK IR!IL 3KU\JLVFK<br />

WL!WX PL!PX OL!OX UH!UX HWF 'LH 6WDPPVLOEHQ GHU ]HQWUDOHQ LRQLVFKHQ 7RQOHLWHU<br />

DXFK LQ 4XLQWHQ JHVFKLFKWHW ILQGHQ VLFK LQ GHU ]ZHLWHQ =HLOH ZLHGHU<br />

'DU EHU VWHKW /\GLVFK GLH 7RQDUW EHL GHP GLH 8QWHUTXLQWH IR 4XLQWH XQWHU GHP<br />

*UXQGWRQ GHU 7RQLND GD YHUVFKZXQGHQ LVW XQG DOV KRFK DOWHULHUWHU 7RQ IL DP<br />

REHUVWHQ (QGH GHV 4XLQWHQWXUPV ZLHGHU HUVFKHLQW 'DQQ DOVR ,RQLVFK PLW HLQHU<br />

8QWHUTXLQWH GDQQ 0L[RO\GLVFK PLW ]ZHL 8QWHUTXLQWHQ XQG VR IRUW 'XUFK 7LHI<br />

DOWHUDWLRQ GHV TXLQWPl‰LJ K|FKVWHQ 6WDPPWRQHV GHU MH DOV QHXH WLHIVWH 8QWHUTXLQWH<br />

OLQNV ZLHGHU HUVFKHLQW YHUVFKLHEW VLFK GLH *UXQGTXLQWH GD VD DOVR PLW VWHLJHQGHU<br />

=DKO YRQ 8QWHUTXLQWHQ ZHLWHU XQG ZHLWHU QDFK UHFKWV 'DV MHZHLOLJH GD LVW QXQ GHU<br />

$QJHOSXQNW 'DV GD JLEW QDFK REHQ KLQ GLH 6SDOWH DQ LQ GHU GLH *UXQGW|QH GHU<br />

JHVXFKWHQ 7RQDUW ]X ILQGHQ VLQG 6R ]HLJW GLH GULWWH 4XLQWVSDOWH GLH *UXQGW|QH DOOHU<br />

0L[RO\GLVFKHQ 7RQOHLWHUQ GHUHQ 7RQPDWHULDO PDQ GDQQ LQ GHU HQWVSUHFKHQGHQ =HLOH<br />

ILQGHQ NDQQ $OOH ,RQLVFKHQ 7RQOHLWHUQ KDEHQ LKUHQ *UXQGWRQ LQ GHU ]ZHLWHQ<br />

4XLQWVSDOWH XVZ =XGHP PDUNLHUW HLQ GLFNHUHU ZDDJUHFKWHU 6WULFK GHQ 8QWHUVFKLHG<br />

]ZLVFKHQ 'XU XQG 0ROO 7RQOHLWHUQ 'XU JUR‰H 7HU] PL 0ROO NOHLQH 7HU] PX


(LQ ZHLWHUHU 6WULFK WUHQQW GLH ORNULVFKH 7RQOHLWHU DE GD GLHVH DOV HLJHQVWlQGLJH<br />

7RQDUW QLFKW YRUNRPPW 0DQ NDQQ QXQ ]XP %HLVSLHO IROJHQGH )UDJHQ VFKQHOO PLW +LOIH<br />

GHU 7DEHOOH EHDQWZRUWHQ<br />

x :HOFKH 9RU]HLFKHQ KDW % /\GLVFK "<br />

'LH /\GLVFK =HLOH ]HLJW GD LQ GHU 6SDOWH<br />

% VWHKW LQ GHU 6SDOWH LQ GHU =HLOH PLW E<br />

% /\GLVFK KDW DOVR HLQ E 9RU]HLFKHQ XQG GDV 7RQPDWHULDO % ) & * ' $ ( %<br />

x :HOFKH 7RQOHLWHUQ EHQXW]HQ GDV JOHLFKH 7RQPDWHULDO E "<br />

'LH =HLOH PLW E ]HLJW 'E $E (E % ) & *<br />

'LH =HLOH LQ GHU ZHLWHU XQWHQ LQ GHU 6SDOWH GDV GD ]X ILQGHQ LVW JLEW GLH<br />

MHZHLOLJH .LUFKHQWRQOHLWHU DQ 7RQOHLWHUQ JOHLFKHQ 7RQPDWHULDOV PLW E VLQG<br />

IROJOLFK 'E /\GLVFK $E ,RQLVFK (E 0L[RO\GLVFK % 'RULVFK ) $HROLVFK &<br />

3KU\JLVFK XQG * /RNULVFK<br />

x :HOFKH 7RQDUW KDW QRFK PDO .UHX]H "<br />

,RQLVFK KDW GD LQ GHU 6SDOWH<br />

'LH =HLOH PLW ]HLJW LQ GHU 6SDOWH ) )LV 'XU KDW .UHX]H<br />

x :HOFKHV 7RQPDWHULDO HQWKlOW ( 0L[RO\GLVFK "<br />

x *LEW HV HLQH 7RQDUW PLW .UHX]HQ "<br />

x :DV LVW GLH VHFKVWH 6WXIH OL LQ ( 'RULVFK "<br />

x *LEW HV *E 'RULVFK "<br />

x :HOFKHV LVW GLH GXQNHOVWH .LUFKHQWRQOHLWHU :HOFKH KDW DP ZHQLJVWHQ<br />

2EHUTXLQWHQ "<br />

6WH\HUVFKH )LQJHUKLOIH<br />

'LH =XKLOIHQDKPH GHU DFKW )LQJHU RKQH GLH 'DXPHQ ]XU 'DUVWHOOXQJ GHU ]ZHL<br />

7HWUDFKRUGH XQG DOVR GHU DFKW 7RQVWXIHQ GLH 2NWDYH HLQJHVFKORVVHQ<br />

YHUDQVFKDXOLFKW DXI OHLFKW ]X PHUNHQGH :HLVH GHQ $XIEDX GHU YHUVFKLHGHQHQ 0RGL<br />

0DQ NODSSH GLH 'DXPHQ HLQ XQG KDOWH GLH MHZHLOV YLHU )LQJHU GHU EHLGHQ +lQGH YRU<br />

VLFK QHEHQHLQDQGHU 'HU OLQNH NOHLQH )LQJHU ]lKOW DOV GLH GLH 7RQLND 'HU OLQNH<br />

5LQJILQJHU DOV GLH XVZ ELV GHU UHFKWH NOHLQH )LQJHU DOV GLH HUNDQQW ZLUG<br />

$EE 'LH $EELOGXQJ ]HLJW GLH *UXQGIHVWHQ GHU .LUFKHQWRQOHLWHUQ<br />

7RQLND ± 6XEGRPLQDQWH ± 'RPLQDQWH XQG ZLHGHU GLH 7RQLND<br />

'LHVH 6WXIHQ XQG KLHU VWHOOYHUWUHWHQG GLH JH]HLJWHQ )LQJHU DOWHULHUHQ QLFKW


6LH VWHKHQ VWDELO GXUFK DOOH 0RGL $XVQDKPHQ /\GLVFK GRUW ZLUG GLH ]XU IR<br />

! IL XQG /RNULVFK JLOW ZHJHQ GHU IHKOHQGHQ 4XLQWH E VX QLFKW DOV YROOZHUWLJHU<br />

0RGXV 'LH DQGHUHQ YLHU )LQJHU ZHUGHQ GXUFK GLH YHUVFKLHGHQHQ<br />

0RGL QDFK XQG QDFK QDFK XQWHQ DOWHULHUW 0DQ NDQQ VLFK DQKDQG GLHVHU )LQJHUKDOWXQJ<br />

DXFK JXW PHUNHQ ZHOFKH ,QWHUYDOOH DOV JUR‰ XQG NOHLQ YRUNRPPHQ (V JLEW GLH JUR‰H<br />

XQG NOHLQH 6HNXQGH E JUR‰H XQG NOHLQH 7HU] E JUR‰H XQG NOHLQH<br />

6H[WH E XQG GLH JUR‰H XQG NOHLQH 6HSWLPH E $QVRQVWHQ VSULFKW PDQ<br />

YRQ GHU UHLQHQ 4XDUWH GHU UHLQHQ 4XLQWH XQG GHU 2NWDYH $OV $XVQDKPH JLEW HV QRFK<br />

GLH EHUPl‰LJH 4XDUWH XQG GLH YHUPLQGHUWH 4XLQWH E<br />

=X $EE ± 'LH VLHEHQ $EELOGXQJHQ YHUDQVFKDXOLFKHQ GLH MHZHLOV ]ZHL 7HWUD<br />

FKRUGH GHU VLHEHQ YHUVFKLHGHQHQ .LUFKHQWRQOHLWHUQ (LQ *DQ]WRQVFKULWW LQQHUKDOE GHU<br />

7RQOHLWHU VROO GXUFK GHQ ZHLWHQ $EVWDQG ]ZHLHU YRQHLQDQGHU ZHJ JHVSUHL]WHQ )LQJHU<br />

JH]HLJW ZHUGHQ HLQ +DOEWRQVFKULWW GXUFK GLH 1lKH ]ZHLHU DQHLQDQGHUJHVFKPLHJWHU<br />

)LQJHU 'HU /\GLVFKH +DOEWRQVFKULWW IL VD XQG GHU /RNULVFKH +DOEWRQVFKULWW<br />

E IR VX LVW GXUFK GDV =XVDPPHQEULQJHQ GHU EHLGHQ =HLJHILQJHU HUNHQQEDU<br />

]X PDFKHQ $QVRQVWHQ JLOW GHU $EVWDQG ]ZLVFKHQ GHQ =HLJHILQJHUQ GHQ EHLGHQ<br />

+lQGHQ DOV *DQ]WRQVFKULWW 'LH $EELOGXQJHQ ]HLJHQ ZLH GLH EHLGHQ +DOEWRQVFKULWWH<br />

GLH QHEHQ GHQ I QI *DQ]WRQVFKULWWHQ LQ MHGHU 7RQOHLWHU YRUNRPPHQ YRQ GHU KHOOVWHQ<br />

/\GLVFKHQ .LUFKWRQOHLWHU ]XU GXQNHOVWHQ /RNULVFKHQ 7RQOHLWHU YRQ REHQ UHFKWV QDFK<br />

XQWHQ OLQNV ZDQGHUQ 'LH 7RQOHLWHUQ ,RQLVFK 'RULVFK XQG 3KU\JLVFK KDEHQ MHZHLOV<br />

]ZHL JOHLFKH 7HWUDFKRUGH<br />

%HLVSLHO $EE 0L[RO\GLVFK<br />

'HU 0LWWHOILQJHU GHU OLQNHQ +DQG VFKPLHJW VLFK DQ GHQ OLQNHQ =HLJHILQJHU XQG<br />

DEVWUDKLHUW GHQ +DOEWRQVFKULWW 'HU 0LWWHOILQJHU GHU UHFKWHQ +DQG VFKPLHJW VLFK<br />

DQ GHQ 5LQJILQJHU GHU UHFKWHQ +DQG XQG DEVWUDKLHUW GHQ +DOEWRQVFKULWW E $OOH<br />

DQGHUHQ )LQJHU VLQG YRQHLQDQGHU ZHJ JHVSUHL]W<br />

7DEHOOH DOOHU GLDWRQLVFKHU ,QWHUYDOOH<br />

'LH 7DEHOOH HUP|JOLFKW DQKDQG GHU XPIDVVHQGHQ 'DUVWHOOXQJ DOOHU GLDWRQLVFKHU<br />

,QWHUYDOOH HLQ 1DFKYROO]LHKHQ GHU 6WH\HUVFKHQ 2UGQXQJVUHJHOQ XQG KLOIW EHLP<br />

VFKQHOOHQ %HVWLPPHQ YRQ ,QWHUYDOOHQ ]ZLVFKHQ YHUVFKLHGHQHQ 7RQVWXIHQ ,Q GHU


PLWWOHUHQ 6SDOWH VLQG GLH FKURPDWLVFKHQ 7RQLND 'D 6LOEHQ YRQ REHQ QDFK XQWHQ<br />

YRQ GD EHU UX UH PX HWF ELV WL DXIJHOLVWHW 'LH REHUVWH =HLOH OLVWHW LQ )RUP YRQ<br />

=DKOHQN U]HOQ ,QWHUYDOOQDPHQ DXI VWHKW I U GLH 3ULP E I U GLH NOHLQH 6HNXQGH<br />

I U GLH JUR‰H 6HNXQGH E I U GLH NOHLQH 7HU] XVZ ELV I U GLH 2NWDYH<br />

9RQ GHU ]HQWUDOHQ 3ULP DXVJHKHQG VLQG QDFK UHFKWV DXIZlUWV XQG QDFK OLQNV DEZlUWV<br />

LQ MH ]Z|OI 6SDOWHQ GLH ,QWHUYDOOH YRQ MH E ELV ]X OHVHQ 'XUFK DEJOHLFKHQ ]ZLVFKHQ<br />

PLWWOHUHU 6SDOWH XQG REHUHU =HLOH OlVVW VLFK VFKQHOO MHGHV GLDWRQLVFKH ,QWHUYDOO<br />

DXIZlUWV ZLH DEZlUWV DXI MHGHU EHOLHELJHQ 7RQVWXIH DEOHVHQ<br />

'LH 6WH\HUVFKHQ 5HJHOQ ODVVHQ VLFK OHLFKW EHUSU IHQ<br />

$XIVWHLJHQGH 4XLQWHQ EOHLEHQ 9RNDO JOHLFK RGHU ZHUGHQ KHOOHU<br />

$XIVWHLJHQGH +DOEWRQVFKULWWH ZHUGHQ GXQNOHU<br />

$XIVWHLJHQGH *DQ]WRQVFKULWWH ZHUGHQ KHOOHU RGHU EOHLEHQ JOHLFK<br />

=XU (ULQQHUXQJ I U GHQ GHU HV YLHOOHLFKW QLFKW GLUHNW QDFKHPSILQGHQ NDQQ LVW QRFK<br />

PDO GLH GXQNHO ! KHOO 9RNDOIROJH QRWLHUW X R D H L<br />

0DQFKH )HOGHU VLQG OHHU ZHLO VLH ,QWHUYDOOH EH]HLFKQHQ Z UGHQ GLH GLDWRQLVFK QLFKW<br />

YRUNRPPHQ XQG GDQQ DXFK QLFKW PHKU GHQ 5HJHOQ HQWVSUHFKHQ Z UGHQ 9RQ GHU<br />

3KU\JLVFKHQ RGHU /RNULVFKHQ 6HNXQGH UX DXV HLQH NOHLQH 6HNXQGH ] % JLEW HV QLFKW<br />

UH HQWVSUlFKH HLQHU EHUPl‰LJHQ 3ULP XQG NRPPW LQ NHLQHU .LUFKHQWRQOHLWHU YRU (V<br />

VHL GDUDXI KLQJHZLHVHQ GDV GLH IL VX =HLOH P|JOLFKH )HKOLQWHUSUHWDWLRQHQ ELUJW 9RQ<br />

IL LVW GHU +DOEWRQVFKULWW DXIZlUWV ]XP VD GLDWRQLVFK 9RQ VX KHU NRPPW HU QLFKW YRU<br />

VX LVW GLH ORNULVFKH YHUPLQGHUWH 4XLQW XQG EH]LHKW VLFK GDKHU QXU DXI GLH 7RQVWXIHQ<br />

GD UX PX IR VX OX WX IL LVW GLH O\GLVFKH EHUPl‰LJH 4XDUWH XQG EH]LHKW VLFK VRPLW<br />

QXU DXI GLH 7RQVWXIHQ GD UH PL IL VD OL WL (V ODVVHQ VLFK DXFK OHLFKW GLH<br />

.RPSOHPHQWlULQWHUYDOO 3DDUH ILQGHQ PDQ VXFKH GLH JOHLFKH 6LOEH UHFKWV ZLH OLQNV GHU<br />

0LWWH ] % YRQ GD DXV UX LVW QDFK UHFKWV E QDFK OLQNV (V VLQG GLH<br />

.RPSOHPHQWlULQWHUYDOOH NOHLQH 6HNXQGH XQG JUR‰H 6HSWLPH<br />

7HWUDFKRUGLVFKH hEHUVLFKW GHU .LUFKHQWRQDUWHQ<br />

'LH 7DEHOOH JLEW XQWHU YHUVFKLHGHQHQ $VSHNWHQ QRFK PDO HLQH hEHUVLFKW EHU GLH<br />

VLHEHQ 0RGL 9RQ REHQ QDFK XQWHQ VLQG VLH LKUHU +HOOLJNHLW QDFK GDUJHVWHOOW 'LH HUVWH<br />

6SDOWH JLEW GLH YHUVFKLHGHQHQ $VSHNWH DQ ZDV DOVR LQ GHU MHZHLOLJHQ =HLOH DE]XOHVHQ<br />

LVW GHU 1DPH GHV 0RGXV XQG VHLQH 7RQVLOEHQ GLH JJIV 0LW RGHU E


PRGLIL]LHUWHQ 6WXIHQ]DKOHQ GDV MHZHLOLJH 7RQPDWHULDO LQ GHU %HLVSLHOWRQDUW &<br />

GXUFK DXIHLQDQGHU]XZHLVHQGH 3IHLOH GLH 6WXIHQ ]ZLVFKHQ GHQHQ VLFK LQ GHU MHZHLOLJHQ<br />

.LUFKHQWRQDUW GLH +DOEW|QH EHILQGHQ (LQ GLFNHU 6WULFK LQ GHU 0LWWH PDUNLHUW GLH<br />

7UHQQXQJ GHU EHLGHQ 7HWUDFKRUGH /lQJVVWULFKH PDUNLHUHQ GLH 7UHQQXQJ ]ZLVFKHQ<br />

'XU XQG 0ROO 7RQDUWHQ VRZLH GLH %HVRQGHUKHLW GHV ORNULVFKHQ 0RGXV 6R NDQQ PDQ LQ<br />

GUHL GUHL HLQV WHLOHQ ,RQLVFK LVW GLH ]HQWUDOH 'XU 7RQDUW $HROLVFK GLH ]HQWUDOH<br />

0ROOWRQDUW EHLGH KDEHQ MH HLQH KHOOHUH XQG HLQH GXQNOHUH Ä6FKZHVWHU³ 7RQDUW<br />

'HU 6ROPLVDWRU<br />

'HU 6ROPLVDWRU LVW HLQ YLHOVHLWLJHV :HUN]HXJ HLQ K EVFKHV 6SLHO]HXJ HLQH NOHLQH<br />

(UOHXFKWXQJVPDVFKLQH XQG GDEHL HLQH NRPSDNWH hEHUVLFKW GHVVHQ ZDV ÄPDQ³<br />

DXVZHQGLJ NDQQ E]Z N|QQHQ VROOWH P VVWH ZROOWH<br />

(U ]HLJW GLH 6WUXNWXU DOOHU .LUFKHQWRQOHLWHUQ LQ 7RQVLOEHQ XQG 6WXIHQ]DKOHQ XQG<br />

EHQHQQW DOOH MHZHLOLJHQ 6WXIHQDNNRUGH hEHUGLHV NDQQ PDQ DXI GHU<br />

7DVWDWXUVFKDEORQH GDV 7RQOHLWHUPDWHULDO LQ DOOHQ 7RQDUWHQ DEOHVHQ (LQH NOHLQH<br />

,QWHUYDOOWDEHOOH XQG HLQH +HOO 'XQNHO 6FKDEORQH HULQQHUQ DQ ZHLWHUHV 'HU 6ROPLVDWRU<br />

EHVWHKW DXV ]ZHL 7HLOHQ GHU 7RQOHLWHUVFKDEORQH XQG GHU 7DVWDWXUYRUODJH<br />

'LH 7RQOHLWHUVFKDERQH<br />

=X EHDFKWHQ VLQG KLHU ]XQlFKVW GLH ZHL‰HQ 6SDOWHQ (V VLQG JHQDX 6RYLHO ZLH HV<br />

FKURPDWLVFKH 7|QH JLEW GLH 2NWDYH -HGH 6SDOWH VWHKW I U HLQHQ GHU ]Z|OI<br />

FKURPDWLVFKHQ 7|QH YRQ GD EHU UX UH HWF ELV GD 9RQ 6SDOWH ]X 6SDOWH LVW DOVR HLQ<br />

+DOEWRQVFKULWW YRQ 6SDOWH ]X EHUQlFKVWHU 6SDOWH HLQ *DQ]WRQVFKULWW ]X YROO]LHKHQ<br />

=HLOHQZHLVH ZHUGHQ GLHVH 6SDOWHQ QXQ JHI OOW<br />

'LH HUVWHQ GUHL =HLOHQ GLHQHQ GHU 'DUVWHOOXQJ GHU O\GLVFKHQ 7RQOHLWHU XQWHU GHQ<br />

$VSHNWHQ 6ROPLVDWLRQVVLOEHQ 7RQVWXIHQ ]LIIHUQ $NNRUGVWUXNWXU DXI GHU<br />

MHZHLOLJHQ 7RQVWXIH O\GLVFK LVW HLQH 'XUWRQOHLWHU PLW EHUPl‰LJHU 4XDUWH 'HP<br />

HQWVSUHFKHQG ZHUGHQ GLH 6SDOWHQ GD UH PL IL VD OL WL GD JHI OOW =ZLVFKHQ IL XQG VD XQG<br />

]ZLVFKHQ WL XQG GD EOHLEW NHLQH 6SDOWH IUHL 'RUW EHILQGHQ VLFK GLH +DOEWRQVFKULWWH<br />

GLHVHU 7RQOHLWHU 'LH 7RQVWXIHQ GLHVHU .LUFKHQWRQOHLWHU VLQG PLW ]X<br />

EHQHQQHQ ,Q GHU GULWWHQ =HLOH LVW DE]XOHVHQ GDV VLFK DXI GD HLQ 'XU 0DMRUVHSWDNNRUG<br />

DXIEDXW DXI UH HLQ 'XUVHSWDNNRUG DXI PL HLQ 0ROOVHSWDNNRUG HWF ,P ZHLWHUHQ<br />

ZHUGHQ GLH DQGHUHQ .LUFKHQWRQOHLWHUQ LQ VHOELJHU ZHLVH GDUJHVWHOOW =XOHW]W ILQGHW VLFK<br />

HLQH 'DUVWHOOXQJ GHU 6WUXNWXU GHU YLHU YHUVFKLHGHQHQ $NNRUGW\SHQ GLH VLFK GLDWRQLVFK


HUJHEHQ (V LVW DE]XOHVHQ GDV ] % HLQ 'XU 0DMRUVHSWDNNRUG DXV *UXQGWRQ<br />

JUR‰HU 7HU] 4XLQWH XQG JUR‰HU 6HSWLPH EHVWHKW<br />

'LH 7DVWDWXUYRUODJH<br />

/LQNV OLVWHW HLQH ,QWHUYDOOWDEHOOH GLH $Q]DKO YRQ +DOEWRQVFKULWWHQ HLQHV MHGHQ ,QWHUYDOOV<br />

DXI 'DQHEHQ LVW HLQH DEVWUDKLHUWH .ODYLHUWDVWDWXU ]X HUNHQQHQ (V JLOW DOVR GDVV YRQ<br />

7DVWH ]X 7DVWH HLQ +DOEWRQVFKULWW YROO]RJHQ ZLUG $QKDQG GHU ,QWHUYDOOWDEHOOH NDQQ<br />

PDQ VR VFKRQ PDO MHGHV ,QWHUYDOO DXI MHGHQ EHOLHELJHQ 7RQ HUPLWWHOQ 'HU HLJHQWOLFKH<br />

:LW] EHVWHKW QXQ GDULQ GLH 7RQOHLWHUWDEHOOH LQ GLH 7DVWDWXUYRUODJH ]X VFKLHEHQ 0DQ<br />

NDQQ GDQQ MH QDFKGHP ZHOFKHV GD PDQ ]X ZHOFKHP 7RQ VFKLHEW GDV 7RQPDWHULDO<br />

HLQHU MHGHQ .LUFKHQWRQOHLWHU DXI MHGHP EHOLHELJHQ 7RQ DEOHVHQ 6FKLHEW PDQ ] % GDV<br />

SKU\JLVFKH GD ]XP J NDQQ PDQ IROJHQGHV DEOHVHQ<br />

J SKU\JLVFK KDW GLH 7|QH J DV E F G HV I J<br />

7RQVWXIH LQ J SKU\JLVFK LVW GDV F 'LH E LVW HLQ HV<br />

'HU $NNRUG DXI GHU 7RQVWXIH LVW HLQ +DOEYHUPLQGHUWHU<br />

'LH +HOO 'XQNHO 6NDOD<br />

$XI GHU 5 FNVHLWH GHU 7DVWDWXUYRUODJH ILQGHW VLFK QRFKPDO HLQH hEHUVLFKW GHU 0RGL LQ<br />

LKUHU MHZHLOLJHQ Ä+HOOLJNHLW³ ,Q GHU REHUVWHQ =HLOH VLQG DOOH ]Z|OI GLDWRQLVFKHQ<br />

7RQVWXIHQ VX ELV IL LQ 4XLQWHQ JHVFKLFKWHW 'DUXQWHU VLQG GHQ HLQ]HOQHQ 7RQVWXIHQ<br />

LQ 4XLQWUHODWLRQ ]XP ]HQWUDOHQ GD JHVHW]W (V LVW DE]XOHVHQ GDVV VX GLH<br />

8QWHUTXLQWH XQWHU GD LVW UH GLH 2EHUTXLQWH HWF 'DUXQWHU VLQG ±%HLVSLHOKDIW<br />

MHZHLOV LQ & GLH .LUFKHQWRQOHLWHUQ LQ LKUHU MHZHLOLJHQ 6WUXNWXU DE]XOHVHQ $OV REHUVWHV<br />

VWHKW GLH KHOOVWH .LUFKHQWRQDUW /\GLVFK 6LH KDW NHLQH 8QWHUTXLQWH /RNULVFK ]HLJW VLFK<br />

VR DOV GXQNHOVWHU 0RGXV GHU GHP GD QLFKW PDO PHKU GLH HLQH 2EHU 4XLQWH Ol‰W<br />

8QHUZlKQWHV<br />

(V VHL QLFKW XQHUZlKQW GDVV HLQLJH 6ROPLVDWLRQV +LOIVPLWWHO KLHU XQHUZlKQW EOHLEHQ<br />

$OV HUVWHV XQG ZLFKWLJVWHV VLQG GDEHL GLH +DQG]HLFKHQ ]X QHQQHQ GLH GHQ 7RQVWXIHQ<br />

]XJHRUGQHW VLQG *RWWIULHG 6WH\HU KDW GLHVH I U GLH 7LHIDOWHUDWLRQHQ GHU YHUVFKLHGHQHQ 0RGL<br />

QRFK HUZHLWHUW =XP 5HSHUWRLUH GHU 0XVLNSlGDJLJN JHK|UW ]XGHP GHU 'R 6FKO VVHO GHU LP<br />

) QIOLQLHQ 1RWHQV\VWHP SODW]LHUW GDV 'R DQJLEW XQG VRPLW GLH 9RU]HLFKHQ HQWEHKUOLFK<br />

PDFKW ) U GHQ 6FKULWWZHLVHQ $XIEDX GHV 7RQUDXPEHZX‰W VHLQV ZHUGHQ LP ODQJIULVWLJ<br />

JHSODQWHQ 8QWHUULFKW 6LOEHQWDIHOQ YHUZHQGHW GLH ]XQlFKVW QLFKW DOOH 6LOEHQ DXII KUHQ<br />

VRQGHUQ PLW GHQ HLQJlQJLJVWHQ 6WXIHQ EHJLQQHQ VR PL =XU (UVFKOLH‰XQJ GHU<br />

UK\WKPLVFKHQ :HOW ZHUGHQ LP 6ROPLVDWLRQVNRQWH[W DXFK 5K\WKPXVVLOEHQ YHUZHQGHW


!!! :DV LVW 6ROPLVDWLRQ " =LWDWH XQG ([FHUSWH<br />

1DFK DOOHP *HVDJWHQ KLHU QRFK HLQ EXQWHU 6WUDXVV YRQ *HGDQNHQ ]XU 6ROPLVDWLRQ<br />

+DQGEXFK GHU UHODWLYHUQ 6ROPLVDWLRQ 0DOWH +H\JVWHU 0DQIUHG *UXQHQEHUJ 6<br />

6ROPLVDWLRQ YHUZHQGHW 6LQJVLOEHQ XP 7|QH ]X EHQHQQHQ ± HLQH VSUDFKOLFKH .RGLHUXQJ GLDWRQLVFKHU<br />

6SDQQXQJVYHUKlOWQLVVH 6LH LVW GDGXUFK +LOIH EHLP (UIDVVHQ YRQ 7RQYHUELQGXQJHQ XQG LQWHQVLYLHUW GLH<br />

HPRWLRQDOH XQG NRJQLWLYH :DKUQHKPXQ J 5HODWLYH 6ROPLVDWLRQ LVW GDV :HUN]HXJ PLW GHVVHQ +LOIH<br />

GLDWRQLVFKH 7RQEH]LHKXQJHQ LQ MHGHU 7RQDUW DOV JOHLFK ZDKUJHQRPPHQ ZHUGHQ N|QQHQ 6LH ]LHOW DXI<br />

7RQUDXPEHZXVVWVHLQ VWUXNWXUHOOHV LQQHUHV +|UHQ XQG VFKOLH‰OLFK DXI GLH %HKHUUVFKXQJ GHU<br />

WUDGLWLRQHOOHQ 1RWDWLRQ<br />

(LQ 5HIRUPYRUVFKODJ ]XU 0HWKRGH 7RQLND 'R *RWWIULHG 6WH\HU<br />

'LH 6ROPLVDWLRQ YHUVXFKW LQ GHQ 7RQVLOEHQ GLH VSH]LILVFKHQ %H]LHKXQJHQ ]ZLVFKHQ GHQ 7|QHQ<br />

ZLGHU]XVSLHJHOQ<br />

URURUR 0XVLNKDQGEXFK 6<br />

6ROPLVDWLRQ JHKW YRQ GHU 6WXIHQIROJH GHU 7|QH DXV XQG ZLOO GLH )ROJH YRQ *DQ] XQG +DOEW|QHQ<br />

EHZXVVW PDFKHQ 0DQ XQWHUVFKHLGHW 7RQQDPHQ > GR UH PL @ XQG 1RWHQEH]HLFKQXQJ >F G H @<br />

6FKXOH GHU 6ROPLVDWLRQ 0D[ 5LQGOHU (LQOHLWXQJ<br />

$XIEDX HLQHV Ä7RQJHZLVVHQV³ RKQH LQVWUXPHQWDOH *ULII YRUVWHOOXQJ ! EHZXVVWHV 9RUVWHOOXQJVYHUP|JHQ<br />

I U 7RQVWXIHQ DOV ZHVHQWOLFKH 9RUUDXVVHW]XQJ I U GDV 6LQJHQ QDFK 1RWHQ<br />

.LUFKHQWRQDUWHQ XQG 6ROPLVDWLRQ ,QD /RKU $QKDQJ<br />

6ROPLVDWLRQ LVW NHLQH 7KHRULH GLH QHEHQ GHQ OHEHQGLJHQ 0HORGLHQ HLQ JHGXOGHWHV 'DVHLQ IULVWHW 6LH LVW<br />

GDV +LOIVPLWWHO GDV HV XQV HUP|JOLFKW 0XVLN ]X VSLHOHQ ]X VLQJHQ XQG ]X YHUVWHKHQ 6LH LVW GDV 0LWWHO<br />

GDV XQV GLH 2KUHQ |IIQHW I U :XQGHU GHU 0XVLN<br />

/HUQHQ XQG /HKUHQ 7RQLND 'R (LW] -DOH 'U *HUWUXG 5RVHQRZ (LQOHLWXQJ<br />

Ä,PPHU ZLHGHU EHJHJQHQ ZLU GHP %HVWUHEHQ I U GLH *HK|UELOGXQJ HUOHLFKWHUQGH :HJH ]X ILQGHQ XP<br />

.ODQJYRUVWHOOXQJHQ OHEHQGLJ ]X PDFKHQ XQG GDV 1RWHQELOG LQ .ODQJ XP]XVHW]HQ 'LU (UI OOXQJ GLHVHU<br />

$XIJDEH LVW LP *HVDQJ DP VLFKHUVWHQ JHZlKUOHLVWHW ZHVKDOE DXFK GHU , QVWUXPHQWDOXQWHUULFKW GHQ<br />

:HJ EHU GDV EHZXVVWH 6LQJHQ ]XU 5HJHO PDFKHQ VROOWH ³<br />

/HUQHQ XQG /HKUHQ 7RQLND 'R (LW] -DOH 'U *HUWUXG 5RVHQRZ 6<br />

'LH 6ROPLVDWLRQ ZLOO GHQ /HUQHQGHQ PLW GHP %DXVWRII GHU 0XVLN PLW GHQ 7|QHQ XQG GHUHQ<br />

'DUVWHOOXQJ LQ GHU 1RWHQVFKULIW YHUWUDXW PDFKHQ 'DU EHU KLQDXV ZLOO VLH I U GLH JHLVWLJHQ 9RUJlQJH<br />

XQG VHHOLVFKHQ :LUNXQJHQ GHU 7RQNXQVW 9HUVWlQGQLV ZHFNHQ =XP $XVJDQJVSXQNW LKUHU $UEHLW PDFKW<br />

VLH QLFKW GHQ (LQ]HOWRQ VRQGHUQ GLH NOHLQVWH =HOOH PXVLNDOLVFKHQ /HEHQV G DV ]ZHLW|QLJH 0RWLY 6LH<br />

OlVVW GHQ JHLVWLJHQ *HKDOW VROFKHU 8UPRWLYH GDV .UlIWHVSLHO LP 6SDQQHQ XQG /|VHQ DXIVS UHQ XQG<br />

VXFKW GDGXUFK GLH NODQJOLFKHQ )XQNWLRQHQ GHU HLQ]HOQHQ 7RQOHLWHUVWXIHQ GHXWOLFK ZHUGHQ ]X ODVVHQ


!!! 1DFKZRUW<br />

$XI HWOLFKHQ 6HLWHQ LVW QXQ PDQFKHV EHU 6ROPLVDWLRQ LP DOOJHPHLQHQ XQG LP<br />

VSH]LHOOHQ JHVDJW ZRUGHQ 'HP GHVVHQ 1HXJLHUGH HQWEUDQQW LVW PDJ HLQH $QOHLWXQJ<br />

]XP hEHQ IHKOHQ 'DV DOOHUGLQJV Z UGH GHQ 5DKPHQ GLHVHU $UEHLW VSUHQJHQ (V<br />

ZXUGH LP EULJHQ DQGHUVZR ]XU JHQ JH hEXQJVPDWHULDO YHU|IIHQWOLFKW :DV KLHU LP<br />

$QKDQJ EHLOLHJW PDJ DOOHUGLQJV DXFK ]XP hEHQ DQUHJHQ XQG LPPHU ZLHGHU HLQH<br />

VFKQHOOH .ODUKHLW YHUVFKDIIHQ (V PDJ YRU DOOHP GHP 6WXGLHUHQGHQ GHU ]XYRU QLFKW<br />

PLW GHU 6ROPLVDWLRQ YHUWUDXW ZDU HLQ +LOIH VHLQ<br />

(LJHQWOLFK VR GLH ,GHH GHU 6ROPLVDWLRQV 3lGDJRJHQ LVW GLH 6ROPLVDWLRQ I U .LQGHU<br />

JHGDFKW DOV VSLHOHULVFKHU (LQVWLHJ LQ GLH :HOW GHU 0XVLN 6LH VROO YRU GHP<br />

LQWHOOHNWXHOOHQ (UIDVVHQ XQG GHP GDUDXI IROJHQGHQ %ODWWVLQJHQ PXVLNLPPDQHQWH<br />

*HVHW]Pl‰LJNHLWHQ DIIHNWLY HUIDKUEDU PDFKHQ HV VHLHQ VWHOOYHUWUHWHQG GLH $XWRUHQ<br />

GHV DNWXHOOHQ %XFKHV Ä+DQGEXFK GHU UHODWLYHQ 6ROPLVDWLRQ³ JHQDQQW 0DOWH +H\JVWHU<br />

XQG 0DQIUHG *UXQHQEHUJ (LQ =LWDW DXV GHP 9RUZRUW YRQ 5LFKDUG 0 QQLFK GHP -DOH<br />

%HJU QGHU Ä:DV DEHU LVW LKU >GHU 7RQVLOEHQ@ %HUXI" 'LH +LOIHOHLVWXQJ LQ GHU<br />

(U]LHKXQJ GHU PXVLNDOLVFK 0LWWHOPl‰LJHQ XQG 6FKZDFKHQ ³<br />

6R EHKDXSWHQ PDQFKH GLH 6ROPLVDWLRQ HUVW LP (UZDFKVHQHQDOWHU ]X HUOHUQHQ VHL HLQH<br />

=ZHFNHQWIUHPGXQJ XQG GDVV GDEHL GDV HLJHQWOLFKH 3RWHQWLDO GHU 0HWKRGH QLHPDOV ]X<br />

HUUHLFKHQ VHL 'HU :DKUKHLWVJHKDOW GLHVHU $XVVDJHQ VHL LQ )UDJH JHVWHOOW ZHQQJOHLFK<br />

VLH GRFK XQWHU 6WXGHQWLVFKHQ XQG EHUKDXSW ZHLWHQ .UHLVHQ VLFKHUOLFK DXI<br />

=XVWLPPXQJ WUHIIHQ ZHUGHQ QLFKW ]XOHW]W ZHLO VLH UHFKW EHTXHP VLQG<br />

:HU DEHU DXI GHP 6WDQGSXQNW YHUKDUUW GLH 6ROPLVDWLRQ VHL ]XPDO I U GHQ ÄIHUWLJHQ³<br />

0XVLNHU HLQH XQQ|WLJH XQG YRU DOOHP OlVWLJH 5HFKQHUHL GHU P|JH VLFK JHZLVVHQKDIW<br />

GLH )UDJHQ VWHOOHQ RE HU<br />

VLFK VLFKHU RKQH HLQ ,QVWUXPHQW LP GLDWRQLVFKHQ 5DXP RULHQWLHUHQ NDQQ XQG RE HV<br />

QLFKW GDV ODQJIULVWLJH =LHO VHLQ VROOWH HEHQ GLHV ]X YHUP|JHQ<br />

:HU EHLGH )UDJHQ PLW MD EHDQWZRUWHQ NDQQ GHP VHL JUDWXOLHUW<br />

:HU EHLGH )UDJHQ PLW QHLQ EHDQWZRUWHW GHP VHL JHVDJW GDVV HU<br />

VFKRQ PLQGHVWHQV LQ GLHVHP 3XQNW NHLQ ÄIHUWLJHU³ 0XVLNHU LVW XQG<br />

HU P|JH KLHUPLW EHPHUNHQ GDVV HU EHLP $XWRU HLQH JHJHQVlW]OLFKH 0HLQXQJ<br />

ILQGHW


:HU QXU GLH )UDJH PLW QHLQ EHDQWZRUWHW GHP VHL HLQPDO GLH HEHQ EHKDQGHOWH<br />

0HWKRGH HPSIRKOHQ 'LH ) OOH DQ P|JOLFKHQ (UNHQQWQLVVHQ XQG GLH Ä0XVLNDOLWlW³ GHU<br />

0HWKRGH KDEHQ VLFK GHP /HVHQGHQ YLHOOHLFKW HUVFKORVVHQ :HU GHQ KLHU P|JOLFKHQ<br />

1XW]HQ DXV GHU 6WH\HUVFKHQ 9DULDQWH GHU 7RQLND GR 0HWKRGH ]LHKHQ ZLOO P|JH VLH<br />

QXU IOHL‰LJ EHQ XQG PLW DQGHUHQ HUNXQGHQ XQG JJIV ZHLWHUJHEHQ<br />

)UDJHQ XQG RGHU $QUHJXQJHQ N|QQHQ EHU GHQ $XWRU DXFK DQ GHQ 6RKQ *RWWIULHG<br />

6WH\HUV &KULVWLDQ 6WH\HU ZHLWHUJHOHLWHW ZHUGHQ NULVWRIHUEHQQ#VROPLVDWRU GH<br />

:HU QXU GLH ]ZHLWH )UDJH PLW QHLQ EHDQWZRUWHW GHU P|JH EHU 5HODWLYLWlW<br />

QDFKGHQNHQ<br />

,FK KDEH JHVFKDXW<br />

,FK KDEH *HJHQVWlQGH JHVHKHQ<br />

,FK KDEH DXI JH]HLJWH *HJHQVWlQGH JHVFKDXW<br />

,FK KDEH DXI JH]HLJWH *HJHQVWlQGH JH]HLJW<br />

,FK KDEH GLH %H]HLFKQXQJHQ GHU JH]HLJWHQ *HJHQVWlQGH JHOHUQW<br />

,FK KDEH GLH JH]HLJWHQ *HJHQVWlQGH EH]HLFKQHW<br />

,FK KDEH GLH %H]HLFKQXQJHQ GHU QLFKW ]HLJEDUHQ *HJHQVWlQGH JHOHUQW<br />

,FK KDEH EHKDOWHQ<br />

,FK KDEH GLH JHOHUQWHQ =HLFKHQ EHKDOWHQ<br />

,FK KDEH EH]HLFKQHWH *HVWDOWHQ JHVHKHQ<br />

,FK KDEH lKQOLFKH *HVWDOWHQ PLW JOHLFKHQ 1DPHQ EH]HLFKQHW<br />

,FK KDEH GLH 8QWHUVFKLHGH ]ZLVFKHQ XQlKQOLFKHQ *HVWDOWHQ EH]HLFKQHW<br />

,FK KDEH DEZHVHQGH *HVWDOWHQ EH]HLFKQHW > @<br />

DXV 6HOEVWEH]LFKWLJXQJ 3HWHU +DQGNH

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!