Sant-Ke-Porzh-Olued - Wikipedia\nAn aod e Sant-Ke.\nStaol (betek 2015)\nPlouha (abaoe 2015)\n3 121 ann. (2019)\n48° 38′ 51″ Norzh\n2° 49′ 40″ Kornôg / 48.6475, -2.82777777778\nkreiz-kêr : 20 m\nbihanañ 0 m — brasañ 74 m\nSant-Ke-Porzh-Olued zo ur gumun e Breizh e Bro-Oueloù, e departamant Aodoù-an-Arvor.\n2.3 Anv roet d'an dud\n7.1 Ardamezeg ar familhoù\n8 Monumantoù ha traoù heverk\nDiv enezenn a reier a weler eus an aod : Enez ar Gontez hag an Enez Harbour.\nRégis de Saint-Jouan ː ecclesia Sancti Coledoci cum cimiterio et dominio, 1181; Sanctus Kequoledocus, 1278; S. Ké, XIVvet; S. Qué, 1516\nBernard Tanguy ː Eccl. S. Scophili, 1138; eccl. Cophili desuper mare, 1158; eccl. Kecoledoci, 1163; eccl. S. Coledoci, 1181; eccl. S. Kecoledoci, 1197; S. Ke, 1237, 1240; par S. Ghe, 1270; Portus Orieut in par. Kequoledoci, 1278; S. Quequelodeco, 1280; S. Queocus, 1308; S. Ke, war dro 1330; Saint Qué, 1516, Saint-Quay-Portrieux, 1921.\nErwan Vallerie ː Sancti Kecoledoci, 1197; Parrochia Sacti Gue, 1270; Portum Orieut in Parrochia Sacti Kequoledoci, 1273; Sanctus Ke, XIVvet; Port Oriot, 1370; Sancto Que, 1371; Sancto Ke, 1516; Saint Que, 1709\nScofili ː anv ur sant, bet 'skarzhet' gant sant Ke\nKecoledoci ː (sant) Ke ha Colodoc, Coledoc, Colezoc, ar muiañ karet\nPortus Orieut ː porzh, hag anv den, Orieldis, beskontez Dinan, gwreg beskont Jaffrez \nAnv roet d'an dud[kemmañ | kemmañ ar vammenn]\nQuinocéen(s) e vez graet e galleg eus tud Sant-Ke-Porzh-Olued\nEn aour e lestr en gul, e gouelioù en sabel, war ur mor en glazur; e gab en glazur karget gant ur gammell en aour, hebiaet gant c'hwec'h ginerminig en argant, 2 , 1 a bep tu.\nEn eskopti Dol edo parrez Sant-Ke betek krouidigezh an departamantoù.\n1719 ː eus miz Gwengolo betek miz Du, tost ur c'hant a dud a zo marvet abalamour ur c'hleñved-red a red-korf.\n5 Meurzh 1795 ː emgann etre 1000 chouan ha roueeler, staliet er maner la Ville-Mario, ha republikaned garnizon Pontrev kaset gant kabiten Redouté. Strewiet pe paket eo bet ar chouaned.\n18 Mezheven 1821 ː aotreet eo seurezed Saint-Louis de Gonzagues d'en em staliañ e Sant-Ke, gant eskob Sant-Brieg\n17 Genver 1827 ː aotre ar Roue a zo roet d'ar seurezed, pe Itronezed Kalonoù Sakr Jezuz ha Mari, da ober skol.\nIñ Eost 1882 ː Deiz e interamant (ǃ), Ao. eskob David en em ziskouez d'un itron a vro Saoz, en ostaliri kouronkoù, er c'hambr e-lec'h ma oa bet e-unan a-raok. \n84 gwaz a gollas o buhez abalamour d'ar brezel hervez monumant ar re varv, d.le. 2,67% ag ar boblañs hervez an niveradeg bet graet e 1911 .\nD'ar 5 a viz Ebrel 1943, 19 den yaouank en em denn war ar vag Vicking da gaout ar re FFL, e bro Saoz. Tapet int bet gant an Alamed e-kichen Jersey, ha forbannet. \nD'an 29 a viz Mae 1943 e kouezhas un nijerez B-17F-75-BO (marilhet 42-29878 ha kodet LF-G) eus aerlu SUA (United States Army Air Forces) er mor nepell eus Sant-Ke-Porzh-Olued ; eizh nijour a voe tapet gant an Alamaned, an daou all a zeuas a-benn da achap. \nD'an 31 a viz Kerzu 1943 e kouezhas un nijerez Messerschmitt Bf 109 G-6 eus an aerlu alaman (Luftwaffe) e Sant-Ke-Porzh-Olued ; gloazet e voe he nijour. .\nMervel a reas 71 den eus ar gumun abalamour d'ar brezel .\nJoseph Alexandre Ruellan (1864 - 1931), livour.\nAotrounez la Villemario\nBerthou des Fontaines\nEn aour e sparfell en sabel, e benn ouzh kleiz, ur skourrig geotet en e bav dehoù, eilet gant teir rodig-kentr en sabel. \nEnez ar Gontez\n(br) Sant-Ke war lec'hienn Geobreizh\nRené Couffon : Recherches sur les églises primitives. Société d'Emulation des Côtes-du-Nord. Bulletins & Mémoires. Tome LXXV. 1945-1946\nGilbert H. Doble ː The Saints of Cornwall. Part Three. Saints of the Fal. Holywell Press, Oxford. 1964\n↑ Bernard Tanguy, p. 307-308\n↑ Régis de Saint-Jouan, notenn 1, p. 711\n↑ Régis de Saint-Jouan, p. 712\n↑  Monumant ar re varv 1939-1945 - Memorial Genweb\n↑ 10,0 ha10,1 Pol Potier de Courcy : Nobiliaire et armorial de Bretagne. 1890.\nAdtapet diwar « https://br.wikipedia.org/w/index.php?title=Sant-Ke-Porzh-Olued&oldid=1869247 »\nParrezioù ezklozet Eskopti Dol\nKemmoù diwezhañ degaset d'ar bajenn-mañ d'an 30 Meu 2020, da 09:58.


ARRI True Blue ST1 P.O. – Thomann Portugal\nem thomann.de 30423\nNúmero de artigo 220729\n[LEFT][URL="https://www.thomann.de/pt/arri_true_blue_st1_1000w_po.htm"]ARRI True Blue ST1 P.O. [/URL][/LEFT][B][/B][LEFT][URL="https://www.thomann.de/pt/arri_true_blue_st1_1000w_po.htm"][IMG]https://thumbs.static-thomann.de/thumb/bdbmagic/pics/prod/220729.jpg[/IMG][/URL][/LEFT]


Meubilair : Kledingkast Gert Emob Kledingkasten Outlet ~ Jennifer-thomas\nMeubilair Kledingkast Gert Emob Kledingkasten\nHome ⟩ meubilair ⟩ Kledingkasten Outlet ⟩ Kledingkast Gert Emob Kledingkasten\nPublished at Sunday, June 30th, 2019 - 06:10:25 AM. meubilair. By Adalheid Richter.\nComments of Kledingkast Gert Emob Kledingkasten


Heavy Metal :: Absolva - Never A Good Day To Die \nEdad: 47\tAbsolva - Never A Good Day To Die  [img]http://www.metal-archives.com/images/5/3/8/5/538537.jpg?1954[/img]Release Year : 2015 General: Heavy Metal Youtube : [url autourl=1498479373 nofollow=1]http://ur0.pw/pcNY,[/url autourl=1498479373 nofollow=1] [url autourl=1498479373 nofollow=1]http://ur0.pw/pcO7,[/url autourl=1498479373 nofollow=1] Total Playing Time : 56:08 Size : 115.53MB [320KBps/48kHz] Tracks : 1. Disguise 05:04 2. Killer Within 03:24 3. No One Escapes 04:25 4. The Light 05:02 5. Never a Good Day to Die 05:05 6. How Black Is My Heart? 07:18 7. Transform 04:44 8. No Tomorrow 04:10 9. Warrior, Soldier 04:15 10. Orphan of God 06:00 11. All Alone 06:41 [img]http://www.3dm.com.br/wp-content/uploads/2013/02/Filefactory-1.png[/img][hide]http://www.filefactory.com/file/1x902e1ke7o1/ROCK80-35.zip[/hide][img]http://1.bp.blogspot.com/--q2NEob0hxU/T6cqjDzfTgI/AAAAAAAAAic/U9Y413vF8b0/s400/logo.png[/img][hide]http://rapidgator.net/file/fa298e0e38f058c5f3825af30b52772a/ROCK80-35.zip.html[/hide]\n#1 Vie 13 Nov, 2015 05:11\nEdad: 48\tRe: Absolva - Never A Good Day To Die  • Compartir\t•\n#2 Vie 13 Nov, 2015 07:45\nEdad: 53\tRe: Absolva - Never A Good Day To Die  • Compartir\t•\n#3 Mar 17 Nov, 2015 08:05\nEdad: 47\tRe: Absolva - Never A Good Day To Die  • Compartir\t•\n#4 Mar 27 Sep, 2016 19:37\nMar 15 Dic, 2015 18:44 covenua\nWhitesnake - Good To Be Bad (3cd) (Wav) (2...\nMar 30 Ago, 2011 19:08 UNHOLY\nPágina generada en:: 1.9466s (PHP: -82% SQL: 182%)


Ozarks (Ark.) at Barclay College January 13, 2015\n30 5-17 1-4 0-0 1 7 8 3 2 1 2 3 11\n33 - Tyler Adams - f\n27 4-11 0-1 7-9 5 3 8 3 1 0 1 0 15\n11 - Jordana Andrews - g\n20 5-14 0-5 6-6 2 2 4 1 2 0 1 3 16\n32 3-11 1-5 1-2 0 3 3 7 2 1 1 1 8\n23 1-2 1-1 0-0 0 1 1 2 0 0 1 2 3\n6 0-1 0-1 1-4 0 2 2 0 0 0 0 0 1\n03 - Brittanie Gragg\n11 1-3 0-0 0-0 1 2 3 1 0 0 0 0 2\n5 1-5 0-1 0-0 1 1 2 1 0 0 0 1 2\n13 - Annabel Fidler\n11 2-3 0-0 0-0 1 0 1 0 1 0 1 1 4\n10 2-3 1-1 0-0 2 0 2 1 1 0 0 0 5\n22 - Victoria Mandrell\n7 2-2 0-0 1-2 1 0 1 0 0 0 1 1 5\n15 3-6 0-0 1-2 2 3 5 0 0 0 1 2 7\n44 - Leah Holoway\n29-78 4-19 17-25 25 32 57 19 9 2 9 15 79\n37.2% 21.1% 68.0%\n15 - Brittany McDowell - f\n20 - Kaylee Kershner - f\n30 3-9 2-7 0-0 1 1 2 3 2 0 5 3 8\n34 - Sharese Mullikin - f\n20 0-4 0-0 0-2 1 1 2 2 0 0 1 0 0\n04 - Shandy Edenborough - g\n31 4-15 0-0 4-8 3 7 10 0 1 0 3 3 12\n10 - RaeLyn Epp - g\n40 4-13 2-7 0-0 0 4 4 3 4 0 8 4 10\n05 - Katelyn Ogle\n19 2-5 1-1 0-1 3 1 4 1 0 0 1 0 5\n23 - Morgan Stander\n28 4-9 4-7 2-8 2 3 5 1 0 0 2 1 14\n32 - Emily Entz\n18-60 9-22 6-19 18 27 45 11 7 0 21 15 51\n30.0% 40.9% 31.6%\nOzarks (Ark.)-None ; Barclay College-None .


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QUE PARA OBTENER EL TITULO DE: LICENCIADO EN ADMlNISTRAClON\n155 3 Descargar (0)\nU N I V E R S I D A D A U T O N O M A\nM E T R O P O L I T A N A\nT E S I N A :\n"LA C A P I T A L I Z A C I O N D E L A D E U D A P U B L I C A\nGARCIA OROZCO NALDA AURELIA GAYOSSO VELAZQUEZ OPHIR LORENA\nA S E S O R :\nL I C . J O S E L U I S O S S I O C E R V A N T E S\nPOR SU IMPULSO Y CONFIANZA\nQUE FUERON EL ESTIMULO PARA L A REALIZACION DE UNA DE LAS METAS\nMAS IMWRTANTES DE MI VIDA.\nGRACIAS, A DIOS\nAL LIC. JOSE LUIS OSSIO CERVANTES\nMANIFESTANDOLE NUESTRO AGRADECIMIENTO\nLA DEUDA EXTERNA DE MEXICO.\nAntecedentes Histdricos de l a Deuda P d b l i c a\nE v o l u c i d n . d e l a Economia y Crecimiento de l a Deuda Pljbtica 1940-1970.\nLas Finanzas y l a Deuda P ú b l i c a 1970-1985. 12\nR e e s t r u c t u r a c i d n e I n t e g r a c i d n de ? a Deuda P ú b l i c a E x t e r n a . 16\nLOS PLANES NACIONALES DE DESARROLLO Y LA LEY PARA PROMOVER LA INVERSION MEXICANA Y REGULAR LA INVERSION EXTRANJERA.\nEL Plan Nacional de D e s a r r o l l o 1983-1988. 19\nProblemas Estructurales de l a Economia.\nP o l i t i c a Econdmica General.\nV i n c u l a c i d n con l a Economia Mundial.\nC r i t e r i o s p a r a La Determinacidn de l a P a r t i c i p a c i d n de La I n v e r s i ó n Ex-\nt r a n j e r a en Mexico.\nLOS F'ROGRAMAS DE CAPITALIZACION DE DEUDA. Generalidades y Fundamentos.\nA n a l i s i s C o s t o - B e n e f i c i o .\nLa Teoria General de Sistemas y l a s O r g a n i z a c i o n e s .\nEL PROGRAMA DE CAPITALIZACION\nSUSTITUCION DE DEUDA PUBLICA EN MEXICO.\nFundamentos y ' l a C l h u s u l a 5.11 d e l Nuevo Acuerdo de Reestructuracidn de\nDeuda P ú b l i c a . 49\nI d e n t i f i c a c i 6 n , E v a l u a c i d n y S e l e c c i d n d e l In t e r m e d i a r i o F i n a n c i e r o .\nS u s t i t u c i d n de Deuda P ú b l i c a p o r I n v e r s i d n .\nA p r o b a c i 6 ~ d e l G o b i e r r l o\nM e x i c a n o . 63\nF o r m a l i z a c i 6 n de Acuerdos y E m i s i d n deC " c a p i t a l c a l i f i c a d o " .\nI n v e r s i d n y D i s p o s i c i 6 n de Fondos. 74\nCONTABLES. L a Compañia Mexicana.\nEL I n v e r s i o n i s t a E x t r a n j e r o .\nDesde e l s u r g i m i e n t o d e l a c r i s i s de l a Deuda Externa en 1982, Mexico ha\nt a d 0 t r a b a j a n d o c o n l a C o m u n i d a d F i n a n c i e r a I n t e r n a c i o n a l e n l a b ú s q u e d a d e\ns o l u c i o n e s r e a l i s t a s y d u r a d e r a s a l p r o b l e m a d e l a D e u d a E x t e r n a , q u e a l a\nfecha asciende aproximadamente a $103,000 m i l l o n e s d e d d l a r e s , d e l o s cua-- l e s c e r c a d e $80,000 m i l l o n e s d e d d l a r e s p e r t e n e c e n a l S e c t o r P ú b l i c o y a\nE n t i d a d e s F i n a n c i e r a s M e x i c a o a s y $23,000 m i l l o n e s d e d 6 l a r e s a l S e c t o r P r i v a d o . I n t e g r a l a e s t e p r o c e s o s e h a n h e c h o e s f u e r z o s p o r e l G o b i e r n o F e d e -\nr a l p a r a h a c e r l o s a j u s t e s n e c e s a r i o s en l a economla y p a r a i n i c i a r l a ta-- r e a d e u n a R e f o r m a E s t r u c t u r a l d e l a r g o p l a z o d o n d e d e s c a n s m l o s f u n d a m e n t o s\nd e u n c r e c i m i e n t o s o s t e n i d o a f u t u r o .\nl a f e c h a M e x i c o y a h a l o g r a d o l a r e e s t r u c t u r a c i d n d e u n a p a r t e i m p o r t a n t e\nde l a Deuda Externa y a l mismo t i e m p o s e h a l l a n e g o c i a n d o l a o b t e n c i ó n d e\nn u e v o s f i n a n c i a m i e n t o s q u e a s e g u r e n l o s f o n d o s p a r a f i n a n c i a r s u s p r o g r a m a s\nde d e s a r r o l l o y c r e c i m i e n t o o r i e n t a d o p a r a 1987-1988. Como s e v e , l a Deuda E x t e r n a c o n s t i t u y e e l e l e m e n t o más i m p o r t a n t e p l r a l a c o n s e c u c i ó n d e c u a l - - -\nq u i e r a j u s t e e c o n 6 m i c o y R e f o r m a E s t r u c t u r a l .\nCualquier suceso econdmico o mecanismo f i n a n c i e r o q u e a t e n u e L a c a r g a d e l\nS e r v i c i o de l a Deuda Externa en l a economía mexicana, contribuye de manera\ni m p o r t a n t e a l o s c i t a d o s p r o g r a m a s d e c r e c i m i e n t o o r i e n t a d o y reforma\nt r u c t u r a d a .\nA manera de c o r o l a r i o d i r e m o s q u e l a e c o n o m í a m e x i c a n a d e c l i n ó e n 4.0% en\nt é r m i n o s r e a l e s , en 1986, como r e f l e j o de La Problemhtica de l a Deuda E x t e r n a , l a c r i s i s d e l s e c t o r e n e r g e t i c 0 y\nd e c r e c i m i e n t o d e l a p r o d u c c i 6 n i n - d u s t r i a l .\nLos esquemas t r a d i c i o n a l e s de C a p i t a L i z a c i 6 n d e Deuda impactan de manera\np r e p o n d e r a n t e l a P r o b l e m S t i c a d e l a Deuda E x t e r n a y l o s P l a n e s N a c i o n a l e s\nd e D e s a r r o l l o d e l o s p a 5 s e s d o n d e\ninstauran dichos esquemas.\nE l e s t u d i o en su d e s a r r o l l o c o m p r e n d e , como p r i m e r a f a s e , l a n a r r a t i v a de\ntos a n t e c e d e n t e s y e v o l u c i d n\nl a p r o b l e m A t i c a de l a Deuda E x t e r n a de Mdxi co y l a p r o p o r c i 6 n que La misma r e p r e s e n t a d e ! a D e u d a P ú b l i c a E x t e r n a , a s i\ncomo u n a d e s c r i p c i 6 n d e l o s P r o g r a m a s N a c i o n a l e s d e D e s a r r o l l o e p f a t i z a n d o l a f i l o s o f j a e c o n 6 m i c a de Los mismos y l a mencidn de Cos p u n t o s d e s c o l i a n - - t e s de l a L e y p a r a Promover l a I n v e r s i b n M e x i c a n a y R e g u i a r l a I n v e r s i b n EL t r a n j e r a . E l o b j e t i v o de e s t a p r i m e r a p a r t e , es l a comprensi6n de P s t o s\ndos agregados macroecon6micos y su o r o b l e m á t i c a a c t u a l .\nEn una segunda fase y y a i n c u r s i o n a n d o e n l a m a t e r l a s u s t a n c i a l de nuestro e s t u d i o , h a b l a r e m o s s o b r e l a s c a r a c t e r l s t i c a s g e n e r a l e s de ! o s Programas de C a p i t a l i z a c i 6 n de Deuda; de l o s p a i s e s e n que se h a n d e s a r r o l ! a d o o se ha-- l l a n e n e t a p a s i n c i p i e n t e s y de\nresultados econdmicos que se o b t u v i e r o n p o r a p l i c a r d i c h o s o r o g r a m a s .\nE s p e r t i n e n t e r e c a l c a r , que en e s t a f a s e e s t a b l e c e r e m o s l a r e l a c i 6 n e n t r e\nl a T e o r i a G e n e r a l de Sistemas y e l Programa materia de estudio, destacando\ne l porquC de l a n e c e s i d a d de cambios evolutivos en l a s o r g a n i z a c i o n e s y e l p a p e l p r i n c i p a l\ndesempeña e l l i d e r a z g o p a r a c o n c r e t a r d i c h o s c a m b i o s .\nP o s t e r i o r m e n t e , t r a t a r e m o s en e s p e c i f i c o s o b r e e l P r o g r a m a de C a p i t a l i z a - ” c i b n de P a s i v o s y S u s t i t u c i 6 n\nde Deuda P i r b l i c a p o r I n v e r s i d n\nE n u n a t e r c e r a f a s e , d e s c r i b i r e m o s s e c u e n c i a l m e n t e l a o p e r a c i 6 n e n su con-- j u n t o ;\nd e c i r , d e s d e su i n i c i o h a s t a su f i n , e x p o n i e n d o un a n á l i s i s y\nt e s i s de cada punto relevanre.\nE n e s t a ú l t i m a f a s e t r a t a r e m o s de d i s c e r n i r s o b r e\npuntos oscuros de\nl o s t r a t a m i e n t o s f i s c a l e s y c o n t a b l e s ( d e s d e e l p u n t o de v i s t a d e l i n v e r s i g n i s t a e x t r a n j e r o y de !a compañia mexicana)\nm e r e c e n a t e n c i d n e s p e c i a l\npor su r e p e r c u s i b n\ni m p o r t a n c i a .\nP a r a f i n a l i z a r e l e s t u d i o , contemplamos nuestras conclusiones.\nh e r e m o s m a n i f e s t a r n u e s t r Q s i n g u l a r r e c o n o c i m i e n t o a l a s empresas de c a p ? -\nm u l t i n a c i o n a l que nos p e r m i t i e r o n a c c e s o a su informacibn,\ne n t r e v i s t a s d i r e c t a s y c o n s u l t a a su documentaci6n, motivo por e l cuat, a\nsu p e t i c i d n guardamos absoLutas r e s e r v a s en l a s c i t a s\nANTECEDENTES HISTORICOS DE LA DEUDA PUBLICA 1822-1940.\nE l e n f a t i z a r e l p e r l o d o d e\na 1940 t i e n e p o r o b j e t o e l d e s c r i b i r a g r a n d e s r a s g o e L a s s i t u a c i o n e s e c o n 6 m i c a s , p o l l t i c a s y s o c i a l e s p o r l a s que ha a t r a v e s a d o e i p a i s y que de una u o t r a m a n e r a d i e r o n o r i g e n a l a p r o b l e m a t i ca de l a Deuda E x t e r n a .\nCon e l movimiento de Independencia de 1810 y con una deuda heredada de\n$45'000,000 de p e s o s , M e x i c o se v e l a f o r z a d o , p e r i 6 d i c a m e n t e , a i n c r e m e n t a r s u p r e s u p u e s t o m e d i a n t e e m p r e s t i t o s , c o n e l o b j e t o d e r e o r g a n i z a r s u H a c i e c\nd a P ú b l i c a y , d e h a c e r f r e n t e a l o s f u e r t e s r e q u e r i m i e n t o s q u e p o r c o n c e p t o\nde S e r v i c i o de l a Deuda l e e-ran e x i g i d o s . E s p e r t i n e n t e d e s t a c a r q u e u n o\nde l o s h e c h o s i m p o r t a n t e s q u e p r e c e d i 6 a l a consumación de l a Independencia,\nfue l a fuga constante y c r e c i e n t e d e c a p i t a l e s .\nYa en e l p e r í o d o p o s t - r e v o l u c i o n a r i o d e 1 8 2 2 , l o s d e f i c i t s d e G a s t o P ú b l i c o\nse elevaban constantemente, trayendo como c o n s e c u e n c i a que e l p a i s r e c u r r i g\nse a más a m p l i o s m e d i o s d e a g e n c i a r s e i n g r e s o s , ( o t r o s q u e no f u e r a n\np u e s t o s y d e r e c h o s ) como: v a r i e d a d d e p r e s t a m o s , h i p o t e c a s , r e m a t e s y h a s t a r i f a s de e d i f i c i o s p ú b l i c o s .\nA l f i n a l de 1822 l o s p r e s t a m o s s p r o b a d o s e r a n y a p o r $120'000,000 de pesos.\nEn 1823 se aprob6\nprimer prestarno por $8'000,000 de pesos, La Casa Sta-- p i e s de I n g l a t e r r a h i z o u n s u p l e m e n t o en cuenta de Cste prestarno por\n$1'000,000 d e p e s o s , c o n ' u n in t e r b s\n6% a n u a l . . P o s t e r i o r m e n t e , E l Con--\n(1) E s t e p e r i o d o e s t á b a s a d o e n : L6pez G a l l o M a n u e l . E c o n o m i a y - P o l i t i c a\ne n l a H i s t o r i a de Mexico. Mexico, ED. EL C a b a l l i t o , 1 9 8 0 ; Z o r a i d a V á z q u e z\nJ o s e f i n a "Una E c o n o m i a e n B a n c a r r o t a " H i s t o r i a G e n e r a l de M e x i c o . E l C o l e - g i o de Mexico. MQxico, 1986.\ng r e s o a D r o b 6 u n e m p r e s t i t o p o r 3 ' 2 0 0 , 0 0 0 l i b r a s e s t e r l i n a s c o n l a C a s a B.A.\nG o l d s c h n - a t y Co., de L o n d r e s . L a s g a r a n t i a s q u e f u e r o n o t o r g a d a s t e s i o n a -\nban l a a u t o n o m i a d e l p a i s , y a q u e s e e s t a b l e c i b en el convenio que: "Por\nt e i n s t r u m e n t o u o b l i g a c i 6 n d e h i p o t e c a g e n e r a l , a u e d a n h i p o t e c a d a s t o d a s\nl a s r e n t a s :e l a n s c i 6 n m e x i c a n a , t a n t o p o r e l c a p i t a l como p o r l o s i n t e r e - s e s . Además de l a c o n t r i b u c i 6 n q u e d e b e r l a i m p o n e r s e y d e s t i n a r s e e s p e c i a L mente a! pago de intereses y a m o r t i z a c i 6 n d e l e m p r e s t i t o "\nComo se d e d u c e d e l p á r r a f o a n t e r i o r , l a s l e o n i n a s c o n d i c i o n e s d e t o s c r e d i - t o s c a r c o m < a n l a H a c i e n d a y c o n d u c f a n a l p a l s a l a b a n c a r r o t a , a ñ a d i e n d o a e s t o q u e e l 28 de J u n i o d e 1 8 2 4 s e r e c o n o c i b o f i c i a l m e n t e L a D e u d a V i r r e i - -\nn a l .\nE n 1 8 3 0 s e a u t o r i z a a l g o b j e r n o p a r a c e l e b r a r u n a t r a n s a c c i b n m e d i a n t e l a\ncua! !a a m o r t i z a c i 6 n d e tos i n t e r e s e s como d e l c a p i t a l s e c u b r i r í a n a par--\nt i r de A b r i l de 1836 mediante l a e m i s i 6 n d e b o n o s .\nE l c a o s f i n a n c i e r o h a c e n d a r i o q u e l a e r a d e l M C x i c o a n á r q u i c o l e g 6 a l a Re- f o r m a , f u e a g u d i z á n d o s e c o n t i n u a m e n t e e n r a z d n d e d o s f a c t o r e s p r i n c i p a l e s :\nu n o d e c a r á c t e r i n t e r n o d e b i d o a l a g u e r r a de l o s tres años que obviamente\np r o v o c a r i a m a y o r e s u r g e n c i a s a n u e s t r a p e q u e ñ a H a c i e n d a P ú b l i c a , y e l o t r o p r o v o c a d o e n e l e x t e r i o r , d e b i d o e s t e a l i n t e r e s de l a s g r a n d e s n a c i o n e s\npor o b t e n e r m a y o r e s b e n e f i c i o s d e l p a í s .\nEn 1833 e l C o n g r e s o a u t o r i t 6 a l E j e c u t i v o p a r a c o n t r a t a r u n e m p r é s t i t o p o r\n$20'000,000 de p e s o s , c o n e l o b j e t o d e c u b r i r p a r t e d e l a d e u d a , a y u d a r a l\npago de l o s i n t e r e s e s d e l p r e s t a r n o y p a r a l a a m o r t i z a c i b n d e l c a p i t a l .\nPara 1850 e l p a i s h a b í a p a g a d o e n e f e c t i v o mucho\nde l o que realmente ha- b i a r e c i b i d o , s i e n d o e x a c t a m e n t e\nceuds Dor $51'208,200 pesos y a cambio\nh a b í a r e c i b i d o\nC o n t i n u a r o n lo s p r C s t m o s , d e t a l m a n e r a q u e , p a\ns e h a b t a p a g a d o e n e f e c t i v o a I n g l a t e r r a , F r a n c i a y España\n$41'518,079, quedando un saldo por mas de 980'000,000 de o e s o s .\nA l t r i u n f o de l a g u e r r a de t r e s a ñ o s , La s i t u a c i 6 n d e l E s t a d o s e h a c i a i m o o\ns i b l e ; l a p e n u r i a ! l e g 6 a l e x t r e m o de que e l g o b i e r n o se v i 6 o b l i g a d o a\nd e c r e t o , en e l c u a i s e d i s p u s o l a s u s p e n s i d n de La deuda o ú b l i c a i n -\nt e r n a .\nEn l o s p r i m e r o s a n o s de l a a d m i n i s t r a c i 6 n p o r f i r i s t a se c u b r i 6 s 6 1 0 e l\nt o e x t e r i o r que e l p a i s t e n i a con Estados Unidos de N o r t e a m e r i c a .\nP a r a 1885, l a g r a v e s i t u a c i d n f i n a n c i e r a p o r L a q u e a t r a v e s a b a e l p a i s a f e 2 t 6 de t a l modo l o s n e g o c i o s d e l g o b i e r n o , q u e o c a s i o n d u n d e f i c i t e n t r e 1.3s\ni n g r e s o s p r o b a b l e s y l o s e g r e s o s , e s t a b l e c i h d o s e u n d e c r e t o m e d i a n t e e l\nc u a l s e r e d u c i a n\ns u e l d o s de l a b u r o c r a c i a y s e e x p i d i b l a L e y p a r a : a\nC o n s o l i d a c i d n y Conversidn de l a Deuda\nque c o n s i s t i a e n : " I n t r o d u\nc i r e c o n o m i a s e n l o s G a s t o s P ú b l i c o s , r e d u c i r l o s s u e l d o s y a s i g n a c i o n e s\nque e l p r e s u p u e s t o f i j a p a r a l a marcha de l a a d m i n i s t r a c i d n y c o n s i d e r a r La j u s t i c i a de l o s c r e d i t o s c u y o p a g o a p l a z a , s e ñ a l h n d o s e u n r e d i t o y una amGr\nt i z a c i b n , c u y o s s e r v i c i o s s e e n c o m i e n d a n a l B a n c o N a c i o n a l de\nd e s i l n6ndole l o s f o n d o s n e c e s a r i o s p a r a q u e p u e d a v e r i f i c a r l o c o n t o d a p u n t u a l : -\nCabe destacar que para 1887, se cubrieron puntualmente\nc o w - p r o m i s o s p a r a l a a m o r t i z a c i d n de l a Deuda Consolidada.\nC o n t i n u a r o n l o s e m p r e s t i t o s y p a r a e l aiio de 1896, La deuda E x t e r i o r a s c e n - d í a a %193'245,510 pesos.\nUna de l a s a c c i o n e s f i n a n c i e r a s a r e s a l t a r en l a e p o c a p o r f i r i s t a f u é l a de f a c u l t a r a l E j e c u t i v o p a r a c o n v e r t i r l a deuda p i b l i c a p a g a d e r a en\npor medio de l o c u a l s e l i b e r a n g a r a n t i a s a n t e r i o r e s , h a c i e n d o l a s r e c a e r s o i a - -\nmente en l o s d e r e c h o s a r a n c e l a r i o s y se lograba una economta a l r e d u c i r e l t i p o de i n t e r & de 6 a 5% anual.\nED. O f i c i a l , 1976. T.XVI1,\n(3) DublAn, Manuel y Lozano,\nM a r i a . L e g i s l a c i d n M e x i c a n a . M e x i c o ,\nP a r a 1 9 1 0 l a D e u d a P ú b l i c a h a b í a p a s a d o d e 8 1 9 3 ' 2 4 5 , 5 1 0 a $436'767,845 oe- sos y en este lapso de 1896 a 1 9 1 0 , l o s p r e s u p u e s t o s h a b i a n d e d i c a d o a t\ngo de l a deuda enormes cantidades.\nE n 1 9 1 3 , V i c t o r i a n o H u e r t a m a n i f e s t 6 e n s u i n f o r m e d e g o b i e r n o q u e\nb i a n e r o g a d o p o c o más de\nde pesos en l a p a c i f i c a c i 6 n d e l p a i s hasta 1912, motivo por el cual se aprob6 un nuevo adeudo por 20'000,000 de\nl i b r a s e s t e r l i n a s . E n e s t e mismo año e l g o b i e r n o a u t o r i z d l a e m i s i ó n de\np a p e l moneda con l a f i n a l i d a d de "hacer m6s j u s t a l a d i s t r i b u c i ó n de P r e s - tamos e n t r e L o s h a b i t a n t e s d e l a s r e g i o n e s o c u p a d a s p o r l o s e l e r c i t o s r e v 2\nl u c i o n a r i o s " .\nEn l a a d m i n i s t r a c i 6 n d e V e n u s t i a n o C a r r a n z a p o r d e c r e t o , se c r e 6 l a Comi-- s i 6 n M o n e t a r i a , c o n a m p l i a s f a c u l t a d e s p a r a o r g a n i z a r l a c a 6 t i c a s i t u a c i ó n\nf i n a n c i e r a d e l p a i s . E l\nd e A g o s t o d e 1 9 1 7 s e a u t o r i z a a l E j e c u t i v o p a - r a c o n t r a t a r u n e m p r e s t i t o h a s t a p o r $ 1 0 0 ' 0 0 0 , 0 0 0 d e p e s o s o r o .\nD u r a n t e e l g o b i e r n o d e A l v a r o O b r e g b n , uno de l o s a c o n t e c i m i e n t o s d e mayor i m p o r t a n c i a\ne l d e c r e t o m e d i a n t e e l c u a l s e s u s p e n d e t e m p o r a l m e n t e e l\nS e r v i c i o d e l a Deuda P ú b l i c a E x t e r i o r , c o n e l f i n de r e d u c i r l a s o b l i g a c i o nes a p a g o s p o s i b l e s y j u s t o s ; as3 mismo s e d a e l d e c r e t o m e d i a n t e e l c u a l\nse a u t o r i z a l a o r g a n i z a c i d n de un Banco Único de emisidn denominado BANCO DE MEXICO, o r g a n i z a d o como S o c i e d a d Andnima con p a r t i c i p a c i b n d e l 51% d e l g o b i e r n o f e d e r a l .\ni m p l a n t 6 e l i m p u e s t o s o b r e l a r e n t a q u e c r i s t a t i z n e n\nLa Ley de Ingresos para 1925 (con una recaudacisn de $13,379 millones de\np e s o s ) .\n1929 se c a r a c t e r i z 6 p o r e l d e c r e c i m i e n t o p r o g r e s i v o d e l o s i n g r e s o s d e l a\nF e d e r a c i b n , d e b i d o p o r u n l a d o , a l a d e p r e s i d n m u n d i a l de l a s a c t i v i d a d e s\nr a l l z 6 muchas a c t i v i d a d e s e n L a s z o n a s\nf u e r o n a f e c t a d a s . Como conse-\nc u e n c i a d e e l l o ,\nd e j 6 d e p e r c i b i r sumas de importancia, ya\nCas i n d u r\nt r i a s p e t r o l e r a s y d e t r a n s p o r t e a v a p o r D e r d i e r o n su l u g a r como p r j n c i o a - l e s g e n e r a d o r a s d e i m p u e s t o s , ocasionado mr l a m a l a s i t u a c i d n\nmerca dos m u n d i a l e s .\na u t o r i z a a l E j e c u t i v o p a r a l a e m i s i d n d e t í t u l o s h a s t a Dor\n$60'000,000 de pesos denominados "Bonos de l a Deuda P ú b l i c a I n t e r i o r de Los Estados Unidos Mexicanos,\ns e r i a n a l p o r t a d o r , s i n i n t e r e s e s y\nr e d i m i b l e s e n e x h i b i c i o n e s a n u a i e s .\nSu a m o r t i z a c i 6 n p o d r l a h a c e r s e e n e f e c t i v o , m e d i a n t e b i e n e s de p r o p i e d a d e s f e d e r a l e s o p o r c o m p e n s a c i o n e s , a m p l i h d o s e C s t a e m i s i b n e n 95,000,000 de\nD u r a n t e e l p e r í o d o d e P a s c u a 1 O r t i z R u b i o se l o g r d u n p a c t o m e d i a n t e e l\nc u a l se convino que l a Deuda E x t e r i o r\nya ascendla a $1160'673,000, Desos\nr e d u j e r a e n u n 45% d e l t o t a l n o m i n a t , a s i como tambiCn una redtccidn en\nl o s d i s t i n t o s t i p o s d e i n t e r C s f i j a n d o u n o\ns 6 t 0 ,\ns i e n d o C s t e d e i 5X anual.\na u t o r i z b a l a S e c r e t a r í a de Hacienda y C r C d i t o P l j b l i c o F a r a\nc r e a c i b n d e u n a S o c i e d a d F i n a n c i e r a " c o n c a r d c t e r d e i n s t i t u c i b n n a c i o n a l " ,\na n t e c e s o r a d e N a c i o n a l F i n a n c i e r a y que, junto con t l Sanco de MCxico for-- man l o s D i l a r e s c r e d i t i c i o s\nf i r m e s d e n u e s t r o a c t u a ! d e s a r r o l i o .\nCRECIMIENTO DE LA DEUDA PUBLICA\nP a r a i t u s t r a r l a p r o b l e m i t i c a d e L a D e u d a E x t e r n a efi e s t e p e r i o d o , e s m e n e i\nt e r e l d e s c r i b i r L a s c o n d i c i o n e s e c o n 6 m i c a s d e l p a i s y a s o c i a r l a s e n p a r a l l l o con e l c r e c i m i e n t o\nl a deuda.\nE s t e p e r i o d o e s t á b a s a d o e n : M e y e r L o r e n z o . " L a E n c r u c i j a d a " H i s t o r i a General de M C x i c o , E l C o l e g i o d e M C x i c o , 1 9 7 6 .\n;os s r i g e n e s d e l a I n d u s t r i a M e x i c a n a s e d i e r o n d e s d e e l P o r f i r l a t o , a l c a n -\nu n i n d i c e de c r e c i m i e n t o l e n t o y l o c a l i z a d o , tomando en c o n s i d e r a c i 6 n Gue 1 3 p r o d u c c i ó n m a n u f a c t u r e r a e n e l p e r í o d o de 1910 a 1940 apenas alcanz6\na , 2 2 3 ~ i c a r s e .\nSin :?bargo, a p a r t i r de 1940 e l c r e c i m i e n t o de l a I n d u s t r i a M e x i c a n a f u e\na c e i e r a d o , d e b i d o e n p a r t e a La Segunda Guerra Mundial (el ritmo de c r e c i - -\n?io?:s d e l P r o d u c t o N a c i o n a l B r u t o e n t r e 1 9 4 0 y 1945\n7 . 3 x ) .\nO c a s i o -\nr z n c ! ~ también un aumento considerable en l a demanda e x t e r n a d e c i e r t o s\n%c:s> mexicanos, eliminando a l a v e z l a c o m p e t e n c i a d e l e x t e r i o r en o t r o s\ncampos r e l a c i o n a d o s c o n e l m e r c a d o i n t e r n o .\nFué a s í como en e l s e x e n i o de Lázaro CArdenas se l e d e d i c ó e l\nd e l p r e\ns u w e s t o\nf e d e r a l a a c t i v i d a d e s d e s t i n a d a s a e s t i m u l a r e l c r e c i m i e n t o e c o n 6 -\nZ ~ T S , y ¡.idnuel A v i l a Camacho a m e n t 6 t a l márgen a l\nX i g u e l ALemán f u é e l q u e m a y o r i m p u l s o l e d i 6 , a l d e s t i n a r e l SOX d e l p r e s g\nw e s t 3\nf e d e r a l a t a l a c t i v i d a d ; s i e n d o\na s p e c t o s más i m p o r t a n t e s de ese\ns i g u i e n t e s :\nS u s t i t u i r e n l a m e d i d a de\nlo p o s i b l e l a s i m p o r t a c i o n e s d e b i e n e s\nde c o n\nsumo c o n p r o d u c c i ó n i n t e r n a .\nL o g r a r u n c r e c i m e i e n t o d e l a p r o d u c c i 6 n a g r í c o l a s u f i c i e n t e p a r a p o d e r e x p o r t a r y h a c e r f r e n t e a l i n c r e m e n t o d e l a p o b l a c i 6 n .\nH a c e r c r e c e r l a e c o n o m í a a u n r i t m o mayor que e l ya n o t a b l e c r e c i m i e n t o demografico.\n4 ) . -\nM a n t e n e r e t c o n t r o i n a c i o n a l s o b r e :.:j r e c u r s o s b á s i c o s y l a a c t i v i d a d\necon6mica en su conjunto, p e r a\nt a l e x t r a n j e r o .\nD e s a r r o l l a r l a i n f r a e s t r u c t u r a t a l e s .\nin r ' c r a ~ a r La p a r t i c i p a c i 6 n d e l c a p i -\nn d u s t r i a l y a g r í c o l a c o n r e c u r s o s e s t a\n:as ?xcortaciones nexicanas aumentaron un\nv e; mon-\ntas reservas de divisas en\nel Bancc de MCxico era\nc o n s i d e r a b ~ e , is\nque Le permttib\nun tjpo de industriatizaclón\nr e w e r i a\nfireves !mportaciones de bienes de capttal.\norimera vez, se\ndel Producto NacionaL Bruto, sienda\n40% de ésta inversibn del gobierno federal y\net controt del cridito\n1.a invers<ón directa oermltiercn\ncliri- g l r\nget oroceso economico gurante Cste Deríodo de 2espegi;e. Sin\nembargo, a partir de\nexpropiación oetrotera, La s i m a c i c n camaiC aramá-\nticamente nebido a que\ncapital externo pas6 a\ndnicamente entre el\nde La invers;bn roral efectuaca\nen el oais fue hecha directamente por consorcios extranjeros.\nT U V O\n!a política económica oost-carde-\nque fuC Fosibte dirigir\nprincipio granaes canrida-\ndes de recursos a la agrjcuttura, que esraba desplazando a La nineria como\nel punto principal de Las exportaclones,\nque por elio habría de oermi-\nimportar Los bienes de capital que La industratizac’bn reoueria. En\nPsta epoca la inversión orivada crec?ó considerablemente, et crectmiento\nh i z o\nnotar de una manera espectacutar,\nLas manufacturas casi\ncrecieron al mismo ritmo, así como La produccibn\nEL optimismo que\nreflejaba dentro de los circctos oiiciales\nles ante las cifras del crecimiento de la econe,n’a\npost-guerra se vió\nafectada por varios problemas, como el de la Baianza de\nde importaciones fue mayor at vaior de Las exportac?ones\nse dej6 bajar et vator del peso en\npor ddlar, pero como no se corrigi6 suficienteqenze\nd e l CO-\ne n 1949 se\ndecidib devaluar la monec~a\nfijar un tioo de\nmercado mundial se mejoraron a consecuencia de la guerra\nde Corea, pero al terminar esta en 1953, el problema de la Balanza de Pagos\nv o l v i 6 a s u r g i r , p u e s h a b í a u n a r e c e s i d n d e c a r á c t e r m u n d i a l , l o q u e orovo- c6 que en 1954 se tomara l a d e c i s i 6 n d e d e v a l u a r e l peso una vez más f i j a "\ndose l a n u e v a p a r i d a d\np o r d b l a r .\nL o a n t e r i o r n o p u d o r e s o l v e r e l p r o b l e m a d e b a s e , p u e s\naumento en e l va- l o r d e l a s e x p o r t a c i o n e s f u C m o d e s t o , y e n a d i c i b n , l o s p r e c i o s m u n d i a l e s\nd e L a s e x p o r t a c i o n e s m e x i c a n a s s i g u i e r o n b a j a n d o más de\np r e v i s t o , s i n\nq u e la s im p o r t a c i o n e s d i s m i n u y e r a n . E l d C f i c i t c o m e r c i a l s i g u i 6 c r e c i e n d o\ny para 1958\nt u v o u n d C f i c i t s i g n i f i c a t i v o y a que se i m p o r t a r o n\n$ 4 1 9 ' 0 0 0 , 0 0 0 m i l l o n e s d e d d l a r e s más de l o que se e x p o r t 6 . A l f i n a l i z a r e l g o b i e r n o d e A d o l f o R u i z C o r t i n e s se empezaron a c o n t r a t a r i m p o r t a n t e s p r é s -\ntamos con e l e x t e r i o r , p r i n c i p a l m e n t e c o n e l Banco Mundial y e l EXIMBANK\np a r a h a c e r f r e n t e a l p r o b l e m a . E s t a s o l u c i b n t a m b i C n f u C p r o p i c i a d a p o r l o s\nb a j o s i n g r e s o s d e l g o b i e r n o f e d e r a l .\nr i t m o d e d e s a r r o l l o n o f u C i n t e r r u m p i d o a p e s a r de los problemas mencio- n a d o s c o n a n t e r i o r i d a d . Cuando e l g o b i e r n o de Adolfo L6pcz Mateos tomb e l\nmando en 1958, l a i n v e r s i b n p ú b l i c a aumentó, pero pronto surgieron nuevos\np r o b l e m a s q u e f u e r o n p o r u n L a d o e l p r o d u c t o d e u n a c r i s i s p o l í t i c a y p o r o t r o e l r e s u l t a d o d e l a g o t a m i e n t o de una primera etapa en el proceso de i n - d u s t r i a l i z a c i 6 n .\nE n e l b i e n i o d e 1961-1962, l a i n v e r s i 6 n g l o b a l\nv i 6 m i n i m i z a d a , p o r e s o e l E s t a d o\nv i 6 f o r z a d o a aumentar sus inversiones\ns i n aumentar l o s impues- t o s\ncon e l f i n de compensar l o s e f e c t o s n e g a t i v o s o r o v o c a d o s p o r l a a c i t u d d e s c o n f i a d a d e l s e c t o r p r i v a d o . E n 1 9 6 1 , e l G a s t o P ú b l i c o f i n a n c i 6 e l 5 0 . 5 % ' de l a i n v e r s i 6 n t o t a l y e l 55% en 1962. Fue necesario entonces recurrir a l o s r e c u r s o s f i n a n c i e r o s e x t e r n o s , p ú b l i c c s Y p r i v a d o s : E n 1961 e l\nde l a i n v e r s i 6 n t o t a l s e f i n a n c i ó c o n c r @ . ' t s d e l e x t e r i o r . E n t r e 1 9 5 0 y has- t a e l f i n d e l p e r í o d o de L6pez Mateos (19dL.), e l s e c t o r p ú b l i c o o b t u v o p r C 5\ntamos d e l e x t e r i o r p o r u n v a l o r de $3,135' m i i l o n e s d e d 6 l a r e s , d e l o s c u a l e s\nmismo p l a z o $1,639 millones y se pagaron $313.6 millones mas p o r c o n c e p t o d e i n t e r e s e s .\nEs a s i como podemos d e c i r a u e l a s p r e s i o n e s\nl a s que se v i 6 s o m e t i z a :.a\neconomia mexicana entre 1940-1970, fueron ocasionadas por el sector externo y , s e r e s o i v i e r o n p o r m e d i o d e f i n a n c i a m i e n t o d e l e x t e r i o r .\nLAS FINANZAS Y LA DEUDA PUBLICA 1970-1985.\nCon l a f i n a l i d a d de e v i t a r e l c o n f l i c t o p o l j t i c o y superar\ns o c i a l e s y e c o n ó m i c o s e x i s t e n t e s , a p a r t i r d e 1 9 7 0 e t g o b i e r l o t r a t b ae ex- p a n d i r t o d a l a r i q u e z a e c o n ó m i c a , i n c r e m e n t a n d o e l paDe1 cue desemoeña e l\nE s t a d o en l a economia como Banquero, Empresario y Empleador. DesouCs de\n1970 e l s e c t o r p ú b l i c o s e d e s a r r o 1 1 6 c o n s t a n t e y s i g n i i i c a t i v a m e n t e , aumen- tando e l número de empresas e s t a t a l e s de 84 a\nen 1976, mientras su capa c i d a d p a r a r e u n i r i n g r e s o s q u e d a b a a l a zaga dando como r e s u l t a d o u n d e f i - - c i t gubernamental cada vez mayor, que se financib, en gran medida, una vez\nmás c o n c r e d i t o s d e l e x t e r i o r .\nP a r a a t e n u a r e l d é f i c i t g u b e r n a m e n t a l , en 1972 se r e a l i z d u n i n t e n t o de ?e- f o r m a F i s c a l , q u e s e v i ó f r u s t r a d o a n t e L a o p o s i c i b n e m o r e s a r i a l q u e s e r e -\nhusó a a c e p t a r un incremento en\ni m p u e s t o s , o o t h n d o s e p o r u n g a s t o a e f i -\nc i t a r i o en gran escala, endeudamiento externo y un enorme incremento en l a o f e r t a m o n e t a r i a .\nComo c o n s e c u e n c i a d e l a p o l í t i c a a n t e r i o r , a f i n a l e s de 1976, e l G a s t o PC-- b l . i c o a l c a n z 6 m o n t o s s i n p r e c e d e n t e s , c a u s a n d o una c r i s i s d e c o n i i a n z a que- p r o v o c 6 la f u g a m a s i v a d e c a p i t a l e s y u n a in t e n s a e s p e c u l a c i 6 n d e s f a v o r a " b l e a l p e s o , a l c u a l hubo que devaluar por primera vez desde 1954.\nEn Diciembre de 1976 y ya en e l p e r i o d o p r e s i d e n c . a l de\nL ó p e z P o r t i t t o , s e h i c i e r o n r e d u c c i o n e s de i m p o r t a n c i a en e l G a s t o P ú b l i c o y s e r e e s t a b l e c i ó temporalmente l a e s t a b i l i d a d m o n e t a r i a . D u r a n t e 1 9 7 7 y 1 9 7 8 , t o p r i m o r d i a l\nE s t e p e r i o d o e s t e b a s a d o e n : Wayne A. C o r n e l i u s , " L a E c o n o m i a P o t i t i c a\nde Mexico, bajo De l a M a d r i d " , e n c o n t e x t o s\n(461, S.P.P., 1985.\ne r a r e s o l v e r L o s p r o b l e m a s e s t r u c t u r a l e s b h s i c o s , m e d i a n t e l a e x p a n s i 6 n d e l\ns e c t o r e s t a t a l , p o r l o c u a l s e r e c u r r i 6 a p r é s t a m o s e n m o n e d a s e x t r a n ~ e r a s , en a n t i c i p a c i h de l o s i n g r e s o s p o r l a e x p o r t a c i 6 n d e l p e t r 6 l e o y se u t i l i - z a r o n l a s r e s e r v a s d e e s t e e n e r g C t i c o como g a r a n t i a p r i n c i p a l . A l f i n a t i - z a r e l s e x e n i o de\nL 6 p e z P o r t i l l o , l a D e u d a E x t e r n a d e l p a i s h a b i a c r e - c i d o d e\nm i l l o n e s d e d d l a r e s e n 1 9 7 6 a 8 8 2 , 0 0 0 m i l l o n e s de d 6 l a r e s en 1982. En\naño e l c o s t o a n u a l d e l p a g o p o r S e r v i c i o de l a Deuda\no s c l -\n16 e n $ 1 6 , 0 0 0 m i l l o n e s d e d d l a r e s ;\nd e l t o t a l d e l o s i n g r e s o s p o r c o n c e p t o d e e x p o r t a c i d n d e p e t r d l e o . E n A g o s t o d e 1982 se suspendi6 e l S e r v i c i s de l a D e u d a p a r a i n i c i a r e l p r o c e s o de renegociaci6n de l a misma.\nL a d e c i s i 6 n d e l g o b i e r n o e n c u a n t o a c o n s e g u i r c r é d i t o s c o n g a r a n t í a d e l p c t r d l e o\nl l e v 6 a cabo de una manera i r r e f l e x i v a , y a que se esperaba que\nl o s p r e c i o s d e é s t e e n e r g C t i c o c o n t i n u a r a n a s c e n d i e n d o in d e f i n i d a m e n t e .\nE s t a c r e e n c i a d i 6 como r e s u l t a d o u n a f u e r t e t e n d e n c i a h a c i a l a s p o l í t i c a s\ne x p a n s i o n i s t a s t a n t o e n e l s e c t o r p ú b l i c o como en e l p r i v a d o , l o s c u a l e s\ns e e x p a n d i e r o n i n d i s c r i m i n a d a m e n t e e n l o s a ñ o s d e l a u g e p e t r o l e r o m e d i a n t e\npréstamos externos. Dando como r e s u l t a d o u n g a s t o e x c e s i v o , u n a e c o n o m í a s o b r e c a l e n t a d a y u n e s t a l l i d o i n f l a c i o n a r i o .\nAnte e l desplome de l a economía y l a c r i s i s de confianza en e l\nde 1982, p o r l o menos $ 2 2 , 0 0 0 m i l l o n e s d e d d l a r e s en a h o r r o e i n v e r s i 6 n d e c a o i t a l\ns a l i e r o n d e l p a i s , d e m o s t r a n d o l a i n v i a b i l i d a d de l a s p o l í t i c a s s e g u i d a s ;\ni n c i u s o l a n a c i p n a l i z a c i 6 n de\nl a Banca\ne s t r i c t o s c o n t r o l e s c a m b i a r i o s i m p u e s t o s r e s u l t a r o n i n a d e c u a d o s p a r a c o n s e r -\nv a r e l c a p i t a l en e l p a í s .\nA f i n a l e s de 1982, cuando Miguel de l a M a d r i d a s u m i d l a p r e s i d e n c i a , e l s e 2\nt o r p ú b l i c o a t r a v e s a b a p o r u n d é f i c i t c r ? : : ; u e s t a r i o s i n p r e c e d e n t e . L a s\nr e s e v a s d e l B a n c o C e n t r a l e s t a b a n v i - r d a l m e n t r agotadas y t a n t o l a i n v e r s i 6 n p ú b l i c a como l a p r i v a d a a l c a n z a r o n u n e s t a n c a m i e n t o t o t a l .\nL a r e n e g o c i a c i 6 n d e l a D e u d a E x t e r n a f u e u n o d e l o s p r o b l e m a s\ng r a v e s y apremiantes a l o s c u a l e s que t u v o q u e e n f r e n t a r C s t e g o b i e r n o . Aunque en\nrealidad, Cste proceso de renegociaci6n tuvo sus\n( A g o s t o\n1 9 8 2 ) ,\ncuando La v:rtuaL\ndesaparici6n de la reserva de divisas\nael Sanco de Mexico i m o i d i 6\ncompromisos tToancieros contraidos\nen ei extericr\nobligb a esta institucibn a instaurar ei control\nAnte esta situación el gobierno tenía dos opciones, o aectaraba al pais en\nasí como en Agosto de\n1ogr6 diferir oor tres\nmeses e! paao del\nempezaron a hacerse los trámites para Llevar\nturaci6n de la Deuda, con el fin de ooder pagarla en un plazo más orolonqa-\ndo, e incluso recurrir a más empréstitos, para as+ ayuoar a la recuoeración\necon6mica del Dais.\nDe ista forma el\nanunció la solicitud de un credito\ndel monto total\nprCstamos a MCxico, equivalen-\ntes a casi $5,000 millones de dólares, lo que origin6 que La Deuda\nmentara por sobre los\nmillones de d6lares.\nLa visi6n de los acreedores fué de que\nno ayudar a Mexico a saiir de\nsis podria ser contraproducente: Mexico no\ndejaria de oagar sus adeu-\nsino que también provocaría\nserias dificuitades en varias instituciones\nfinancieras extranjeras de gran importancia que 3abian otorgado una gran\nprowrcibnde sus prestamos a MCxico.\nLa necesidad de diferir\nel pago de la Deuda unos años era de gran importan-\ncia para et cumplimiento ce tos Programas de Recuperación Económica\nacentuada escasez de divisas\nen el pais, et funcionamiento de la\nplanta productiva estaba seriamente amenazado\nrefacciones de importacibn. Esto significaba, a su vez que\nel nivel de desempleo se agudizaria drAsticamente si el aparato productivo\nDe La Madrid Hurtado Miguet, Gobierno de.Las Razones\nn o p o d i a c o n t i n u a r o p e r a n d o . E n c o n s e c u e n c i a , e r a n e c e s a r i o d e s t i n a r L a s\nr e l a t i v a m e n t e p o c a s d i v i s a s c o n q u e c o n t a b a e l p a i s a i m p o r t a r e s t o s b i e - n e s b e s i c o s y dejar de pagar la Deuda, aunque solo fuese temporaLmente.(8)\nA h o r a b i e n , s i l a T e o r i a E c o n 6 m i c a n o s d i c e q u e , s i l a m a y o r i a d e l o s p a i -\nses er: d e s a r r o l l o\ncomo e l n u e s t r o\nc a r e c e n d e l a h o r r o s u f i c i e n t e p a r a\ne s t a b l e c e r l a c a p a c i d a d p r o d u c t i v a que necesitan sus economías, deben re- c u r r i r a o t r a s n a c i c n e s q u e t i e n e n e x c e d e n t e de a h o r r o ( p o r s e r g e n e r a l - - mente mas d e s a r r o l l a d a s ) p a r a o b t e n e r e s o s r e c u r s o s y que mientras que un p a i s a u m e n t e s u c a p a c i d a d d e p a g o p o d r l e n d e u d a r s e e n f o r m a c r e c i e n t e s i n\nproblemas. De h e c h o , e n o c a s i o n e s C s t a e s l a ú n i c a manera de l o g r a r e l au- mento de l a p l a n t a p r o d u c t i v a q u e e l p a i s r e q u i e r e . A h o r a b i e n , e s t e p o s -\nt u l a d o no se a p l i c d e n e l c a s o d e l l é x i c o y a q u e l a s g r a v e s d i f i c u i t a d e s f i -\nn a n c i e r a s se dieron porque en los últimos aiios México se endeudó más a l l á\nde l o que podía pagar. Es d e c i r , ' e l p a i s no pudo incrementar su capacidad de pago a l mismo r i t m o a l q u e c r e c i a s u D e u d a e x t e r n a , y a q u e c a d a v e z s e\nr e q u e r i a u n mayor p o r c e n t a j e -. de l a s e x p o r t a c i o n e s p a r a c u b r i r l a s o b l i g a - - c i o n e s c o n e l e x t e r i o r . Aunando a ésto que en esa Cpoca los mercados fi-\nn a n c i e r o s i n t e r n a c i o n a l e s s e c o n t r a j e r o n y que e l c r C d i t o , además de escaso, s e v o l v i 6 c a r o y d e p l a z o s c o r t o s .\nP o r o t r a p a r t e , e l h e c h o de que e l g o b i e r n o s e h a e n d e u d a d o p a r a p a g a r L a D e u d a p r e v i a m e n t e c o n t r a t a d a , e s e n p a r t e c i e r t o y a q u e c o n s t i t u y e u n a p r á c\nt i c a común e n t r e d e u d o r e s c u y a c a p a c i d a d d e p a g o e s l o s u f i c i e n t e m e n t e am- p l i a y , s o b r e t o d o , p o r q u e l a d i s p o n i b i l i d a d d e d i v i s a s e r a sumamente esca- s a p a r a p o d e r c o m p r a r l a s i m p o r t a c i o n e s b á s i c a s q u e r e q u e r i a e l a p a r a t o p r o\nd u c t i v o .\nFué a s í como l a s a c c i o n e s\nmateria de De.lc?a P ú b l i c a s e o r i e n t a r o n a i n c r e\nmentar l a p a r t i c i p a c i o n d e l a h o r r o i r 8 + : ' n o en e t f i n a n c i a m i e n t o d e l a s fi--\nn a n z a s d e l s e c t o r p ú b l i c o y a r e d u c i r e l w o r t e d e l a h o r r o e x t e r n o a l o m6s n e c e s a r i o ; e n c u a n t o a l a Deuda E x t e r n a l a e s t r a t e g i a s e o r i e n t ó a r e c u p e r a r\n( 8 ) IBID,\ne ! p r e s t i g i o c r e d i t i c i o deL p a í s y a r e s t a u r a r l a c a p a c i d a d de n e g o c i a c i b en t o s m e r c a a o s i n c e r n a c i o n a i e s d e c a p i t a l .\nREESTRUCTURACION E INTEGRACION DE LA DEUDA PUBLICA EXTERNA\nFué a s í como en Diciembre de 1982, i a Deuaa Externa asccndia aoroximadamen- t e a $82,200 miLlones de d6lares, de t o s cuales $59,000 mlllones correspon-\nd i a n a l s e c t o r p ú b l i c o . De é s t o s s e r e e s t r u c t u r a r o n 923,GOO m i l l o n e s de d<\nl a r e s aue vencían entre Agosto de 1982 y E n e r o de 1 9 8 5 , e s d e c i r o b l i g a c i o -\nnes a c o r t o p l a z o\nt r a n s f i r i e r o n a l a r g o p l a z o , ( a o c h o ajios, con cuatro\nde g r a c i a ) . Se r e e s t r u c t u r a r o n t a m b i C n 27,000 m i l l o n e s d e o d l a r e s d e l a\nD e u d a E x t e r n a d e l s e c t o r p r i v a d o e n c o n d i c i o n e s s e m e j a n t e s de i n t e r e s e s . ( 9 > Cabe d e s t a c a r q u e " E l p e r i o d o d e g r a c i a " , c u a n d o se e s t i p u l a en l a r e e s t r u c t u r a c i h , se r e f i e r e ú n i c a m e n t e a l a s a m o r t i z a c i o n e s d e c a p i t a l y a q u e l o s\npagos por i n t e r e s e s s i g u e n c o r r i e n d o i n i n t e r r u m p i d a m e n t e .\nEsta Pedocumentaci6n" por 223,000 m i l l o n e s d e d 6 l a r e s en 1982 s e l l e v 6 a\ncabo con una tasa de interés de!\np u n t o s de p o r c j e n t o sobre\nf e r e n c i a l E s t a d o u n i d e n s e (PRIME) y 1 . 8 8 p u n t o s d e p o r c i e n t o s o b r e l a t a s a\nm i l l o n e s de 3 6 l a r e s o t c r g a d c a MCxico en 1983, como\ncomplemento a l a Pedocumentaci6n"\na l c o r r i e n t e e n e l\nde s u s i n t e r e s e s , s e n e g o c i b a u n i n t e r C s PIJY a l t o : 2 . 2 5 p u n t o s de\np o r c i e n t o s o b r e l a c i t a d a t a s a L o n d i n e n s e . ( l O )\nL a r e e s t r u c t u r a c i b n d e l a D e u d a m a n i f i e s t a l a i n c a p a c i d a d de nuestra econo- m í a p a r a c u b r i r s u s c o m p r o m i s o s f i n a n c i e r o s c o n e l e x t e r i o r .\n( 9 ) Banking International Finance. La Reciente Documentacibn, E.U.A. Noviembre, 1983.\nAunque l a r e e s t r u c t u r a c i 6 n e s c a l o n a p r o g r e s i v a m e n t e\nDagos p o r S e r v i c i o\nde l a Deuda, e l p a g o p o r i n t e r e s e s n o\ni n t e r r u m p i r á ; s i n o\nb i e n s e a x mentar6 a l i n c r e m e n t a r l a Deuda con l a o c u r r e n c i a de nuevos prdstamos, casi i n e v i t a b l e s , p a r a i m p o r t a c i 6 n d e m a t e r i a p r i m a , e q u i p o y e n s e r e s a l i m e n t i - c i o s .\nc o n t i n u a c i 6 n c o n s i d e r a m o s l a c o m p o s i c i d n d e l a D e u d a c o n r e l a c i 6 n a l o s a c r e e d o r e s , a l o s d e u d o r e s y a l tiempo.\nCon r c l a c i d n a l o s a c r e e d o r e s , i s t o s s e d i s t r i b u i a n a f i n e s de 1983, en l a f o r m a s i g u i e n t e : E s t a d o s U n i d o s 3 5 . 2 % ; p a í s e s E u r o p e o s\nO r g a n i s m o s F i n a n c i e r o s I n t e r n a c i o n a l e s 7 % ; O t r o s 1 6 . 9 % .\no b s t a n t e é s t a d i s t r i b u c i b n r e s a l t a L a i m p o r t a n c i a d e l d 6 l a r p u e s\n90.7% de l a Deuda es- t 6 d e n o m i n a d a e n d 6 l a r e s a m e r i c a n o s . ( l l )\nCon r e l a c i 6 n a l o s d e u d o r e s , e l 80% c o r r e s p o n d i a a l s e c t o r p ú b l i c o , i n c l u - yendo l a B a n c a N a c i o n a l i z a d a , y e l\na l s e c t o r p r i v a d o . P a r a S e p t i e m b r e\nde 1984, l a Deuda ya\na c e r c a b a a\nm i l l o n e s d e d 6 l a r e s , d e l o s c u a l e s e l\nc o r r e s p o n d i a a l s e c t o r p ú b l i c o y e l\na l s e c t o r p r i v a d o . ( l 2 )\nP o r l o q u e s e r e f i e r e a l t i e m p o , e n D i c i e m b r e de 1983, e l 82% de l a Deuda\ne r a a l a r g o p l a z o y\na c o r t o p l a z Q . ( 1 3 )\nP a r a J u l i o de 1985, l a Deuda t o t a l , a s c e n d i a a $94,000 n:iilones de d6lares.\nSegún l a p r o y e c c i d n "E" d e l B a n c o I n t e r a m e r i c a x de\n1990 l a D e u d a E x t e r n a t o t a l d e l p a í s s u m z - ; a u n o s\na i l t o n e s de d b t a r e s , a- cusando un incremento de[\ncon rec.-- J:* a J u l i o\nSHCP, E n C o m e r c i o E x t e r , i o r , A b r i i ii.2 -1984. P, 321\n(12) SHCP, En Uno Más\n18 de Ma.:r; -ie ,1984:\nM o r g a i n , E x c e l s i o r ,\nI.C.R., R e v i s t a M o n e t a r i a I n t e r n a c i o n a l , M a r z o de 1984.\n( 1 4 ) BID, La Deuda Externa y\nD e s a r r u l l o Econ6m.ico de America Latina.\n18 de Septiembre de 1984.\nWashington, D - C . # 1984.\nEn res!'tnen podemos d e c i r que h a s t a h o y , l a Deuda\ni d o c o r v i r t - e n d o a l p d\ni s en un\nimportador permanente de c a p i t a l , l o c u a l , o b s t a c u ? ; z a ; F r i a m e n t e\nf i r m e\nrecuperacibn econdmica y p u e d e o b l i g a r l o a r e e s t r u c t u r a r i n d e f i n i -\nC A P I T U L O I1 LOS PLANES NACIONALES DE DESA RROLLO\nPROMOVER LA INVERSION MEXICANA\nREGU- LAR LA INVERSION EXTRANJERA.\nLOS PLANES NACIONALES DE DESARROLLO Y LA LEY PARA PROMOVER LA INVERSION MEXICANA\nREGULAR LA INVERSION EXTRANJERA\nEL PLAN NACIONAL DE DESARROLLO 1983-1988.\nA c o n t i n u a c i 6 n d e f i n i r e m o s\nc o n c e p t o d e P l a n N a c i o n a l d e D e s a r r o l l o : E s\nl a i n t e g r a c i 6 n d e u n documento que ubica las acciones de Los d i s t i n t o s s e c -\ntores econbmicos y s o c i a l e s d e n t r o d e u n m a r c o e s t r a t b g i c o g e n e r a l .\nE l P l a n N a c i o n a l de D e s a r r o l l o e n M C x i c o p a r a e l p e r i o d o 1983-1988,\nen- c u e n t r a e s t r u c t u r a d o\n3 grandes apartados, y\ne s t r a t e g i a de reordenaci6n econdmica y d e c a m b i o e s t r u c t u r a l .\np r i m e r a p a r t a d o , s e e s t a b l e c e e l m a r c o d e r e f e r e n c i a p a r a e l d i s e ñ o\nde l a e s t r a t e g i a g e n e r a l . E l s e g u n d o , , - ? n t i e n e l o s t i n e a m i e n t o s o a r a l a\ni n s t r u m e n t a c i d n d e l P l a n y , e l t e r c e r o , ~ l a n t e a l a manera en que\nd i f e - r e n t e s g r u p o s s o c i a l e s p u e d e n p a r t i c i p a r e n s u e j e c u c i 6 n . L a e s t r a t e g i a d e\ncambio e s t r u c t u r a l p e r s i g u e f o r t a l e c e r l a s r e l a c i o n e s e c o n b m i c a s c o n e l ex- t e r i o r a c o r t o p l a z o y reactivar la economía con metas de pleno empleo.\nEn e l p r i m e r a p a r t a d o ,\notorga una gran importancia a l a i d e n t i f i c a c i b n y d e s c r i p c i d n d e lo s p r o b l e m a s c o y u n t u r a l e s y e s t r u c t u r a l e s . A s i m i s m o s e mues t r a n l a s t e n d e n c i a s más r e l e v a n t e s d e l a E c o n o m í a I n t e r n a c i o n a l y c6mo C s t a s p o d r i a n i n c i d i r e n\nP r o c e s o d e D e s a r r o l l o N a c i o n a ! . P a r a a l c a n z a r C s t e\np r o p 6 s i t o s e p l a n t e a u n a e s t r a t e g i a p a r a e l D e s a r r o l l o E c o n 6 m i c o y S o c i a l , o r i e n t a d o a r e c o b r a r l a c a p a c i d a d d e c r e c i m i e n t o y mejorar l a c a l i d a d d e l d e s a r r o l l o a travCs de dos Líneas fundamentales de a c c j h : L a R e o r d e n a c i d n Econbmica y e l Cambio E s t r u c t u r a l .\nL a R e o r d e n a c i 6 n E c o n 6 m i c a , t i e n e b á s i c a m e n t e t r e s p r o p 6 s i t o s : a b a t i r la\nf l a c i 6 n y La i n e s t a b i l i d a d c a m b i a r i a ; p r o t e g e r e l e m p l e o , L a p l a n t a p r o d u c -\nt i v a y e l consumo b á s i c o ; y , r e c u p e r a r e l d i n a m i s m o d e l c r e c i m i e n t o s o b r e\nP l a n N a c i o n a l d e D e s a r r o l l o 1983-1988\nDescargar (PDF - 155 página - 4.17MB)\nRelated subjects : QUE PARA OBTENER EL TITULO DE: LICENCIADO EN ADMlNISTRAClON QUE PARA OBTENER EL TITULO DE LICENCIADO EN CIENCIA POLlTlCA QUE PARA OBTENER EL TITULO DE LICENCIADO EN FlLOSOFlA PRESENTA: -- OBTENER EL TITULO DE: LICENCIADO EN PSICOLOGIA SOCIALP QUE PARA OBTENER EL TITULO DE LICENCIADO EN CIENCIA POLITICA\nMoney is superneutral in this model and thus has no e ects on the real side of the economy, meaning that real variables such as the capital stock or consumption are not dependent on the\nEssays on the Economics of Crime: Determinants of Crime in an Urban Context\nThis means that crime risk perception is not only affected by the level of social capital, the number of incivilities and the citizens’ assessment of the police in a given\nIn short, the population of Iraq and other Muslim countries is multiplying rapidly, doubling every twenty to twenty-five years, while the stock of productive capital\nQUE PARA OBTENER EL TITULO DE: LICENCIADO\nprácticas no están extendidas en paises en vías de desarrollo. EL MÉTODO DE COSTOS DE VIAJE. La gente evalúa un lugar sobre su buena ubicación ambiental JJ este\nCas – Creative Business in the Digital Era – OpenRights Group – 2008\nIf you would like to reuse any of the materials in this pack or on the Creative Business site (wiki and blog), you are free to do so, whether for commercial or non-commercial\nWe need to create innumerable opportunities for our students to do the “real, hard work of citizenship,” and this means, as was argued in the Presidents' Declaration on the Civic\nThe previous model may be calibrated to check for stability and long run solutions in particular small open economies. We do that for the case of México, where we take the growth and\nAnalysis of model-based PM2.5 emission factors for on-road mobile sources in Mex...\nThis study investigates the effects of using the US-EPA MOVES2010a model for estimating PM2.5 emission factors in the Mexican vehicle fleet; the results are compared with the current\nContextualization of the subject of study\nThe Research objective entails the following: To determine the level of relative technical efficiency of BAVyGA producer companies in Mexico, in relation to those of Costa\nPreliminary analysis of academic productivity in Mexican public technological in...\nEn este primer análisis se explora cada una de las bases de datos generadas en estos estudios para conocer cuántos académicos de los institutos públicos tecnológicos participaron en\nIf it is ejected from the rocket at the rate of 3 , measured relative to B, determine the acceleration of B at the instant the engine is fired and just before all the fuel is\n124 0 33\nExplaining the Time Series and Cross-Section Variations of Returns: The Mexican...\nReference Model and Methodology to Configure/Reconfigure Integrated Product, Pro...\nAlternatives for implementing methods for finding agents in a Multi-Agent System...\nE-Mail Processing with Fuzzy SOMs and Association Rules\nNormas de terminación para la palabra final de oraciones en español para niños m...\nA collection of stories for Level - 36 By Clark Ness\nWillingness To Pay For Cross-Border Health Insurance Between The United States A...


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adapter All Details\nWhen i can receive my DV2019TX Laptop AC Adapter?\nWhy should we choose this original DV2019TX Laptop ac adapter?\nThis genuine DV2019TX AC Adapter can give clean, smooth, safe power for your machine.\nThis DV2019TX laptop ac adapter have short circuit protection.\nThis genuine DV2019TX ac adapter have Overheat protection circuit which is very inportant for safe.\nThis original DV2019TX ac adapter have very clean out put, it allows the cpu get maximum efficiency, the hard disk work Smooth and rapid, the Sound Card output Pure sound.....\nThis DV2019TX adapter have a very good heat dispersion, it will not became hot after working for a long time.\nChicago Time : 24-04-2018 13:43:18


- - Kawasaki ZX-6Rs: Part one, on paper (https://www.motorcycle.com/forum/mo-reader-feedback/1513-kawasaki-zx-6rs-part-one-paper.html)\nKPaulCook 01-08-2003 03:35 PM\nKPaulCook 01-08-2003 03:42 PM\nAgree. Love Bike and others but at $8 a pop here in Seattle MO is a bargain. And "My Ninja is better than any stinking Harley" :)\nKPaulCook 01-08-2003 03:46 PM\nstaff 01-08-2003 04:41 PM\nlongride 01-08-2003 04:46 PM\nbimota 01-08-2003 04:58 PM\nThe_Aerodynamic_Head 01-08-2003 05:22 PM\nedlawson 01-08-2003 05:36 PM\ndrthompson65 01-08-2003 05:43 PM\nVlad 01-08-2003 05:52 PM


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Metler Law, Inc in Provo, UT - SBA PPP Loan Data (Paycheck Protection Program)\nPPP Loan Data — Metler Law, Inc, Provo, UT\nMetler Law, Inc is a subchapter s corporation located in Provo, Utah that received a Coronavirus-related PPP loan from the SBA of $20,833.00 in April, 2020.\nMetler Law, Inc in Provo, UT received a Paycheck Protection Loan of $20,833 through Capital Community Bank, which was approved in April, 2020.\nOn the PPP application, Metler Law, Inc reported intending to use the proceeds of their PPP loan for the following expenses:\nBusiness Information - Metler Law, Inc in Provo, UT\nThere are 2 other businesses that received a PPP loan registered to the same address as Metler Law, Inc.\nSnow Law, Inc\nHeder Law, Inc\nIn the Provo area, 54 businesses in the "Offices of Lawyers" industry received a PPP loan. These local businesses reported an average of 5 employees (compared to this company's 1) and received an average PPP loan of $51,695 (compared to this company's $20,833).\nLee S Mccullough III PC\n$106,765 PPP Loan\nAvery Enterprises LLC\nBiesinger & Kofford\nGutierrez And Associates PLLC\n$440,412 PPP Loan\nPPP recipients in this industry report an average of 6 employees, 500% higher than Metler Law, Inc's reported 1 employees, and received an average PPP loan of $81,669, 292% higher than this company's loan of $20,833.


!!> PDF / Epub ☆ The Tear Collector ✪ Author Shawn Burgess – Anguillais.us\n10 thoughts on “!!> PDF / Epub ☆ The Tear Collector ✪ Author Shawn Burgess – Anguillais.us”