Nzira Dzakashata Dzinogutsa

Kutanga kunopera kwegore ra2012, Mutengo Wezvokuvigira Mutengo Unodzivirirwa Chekuchengetedzwa (TIPS) yakatanga kutengesa nemichero yakaipa - kureva kuti vatengesi vaibhadhara hurumende yekodzero yekutora chikwereti chayo, pane imwe nzira yakapoteredza. Somuenzaniso, musi waJuly 17, 2012, mazano emakore mashanu aiva nezvibereko zve -1.21% asi makore gumi akamira -0.64%; iyo yemakore makumi maviri yaiva pa -0.01% uye yega yemakore makumi matatu chete yaiva nehuwandu hwakanaka hwe 0.37% chete.

Izvi zvingave sei?

Mazano Ekuti Anogona Kuve Nokugutsikana Kunobatsira

Mhinduro ndeyokuti muchero weZVO hutano hwakaenzana nehupfumi hwehupfumi huri pasi pehutengo hwehutachiona hunotarisirwa . Ichi ndicho chimiro chinokosha cheZAIP - dzakagadzirwa nenzira iyo. Somugumisiro, kana hurumende yeHurumende yezvisungo inotengeserana nezvibereko zviri pasi pemutengo wekutengesa kwezvakatarirwa - sezvave zvichiitika kubvira muna 2010 - TIPS zvibereko zvichawira munharaunda isina kunaka.

Ngatitarise musi waJuly 17, 2012, zvakare semuenzaniso. Pazuva iro, makore gumi nemakumi maviri ehurumende yeHaimari yeHurumende yakanga iri kubhadhara 1.49%. Zvisinei, zvichibva pazvibereko zvinoenzanisa zveTIPS zvichienderana ne-plain-vanilla Pfuma, vatengi vemari vaitarisira kutengesa kwema213% mumakore gumi anotevera. Kana iwe uchibvisa izvi 2.13% kubva pamakore gumi-siyana okugadzirwa kwe 1.49%, chigumisiro nhamba isina kunaka yemakore gumi MAZANO: -0.64%. Chero bedzi Mafumi achienderera mberi kupa zvibereko pasi pemutengo wekutengesa kwezvinhu zvinotarisirwa, mazano anoramba ari munharaunda isina kunaka.

Asi nei varairima vachigamuchira chibereko chakaipa?

Kudzoka Kwechokwadi Kunodzoka Pfuma

Pamusoro pechiso chayo, zvinoratidzika kunge pasina ruzivo rwakajeka kune mumwe mubhadhari achiisa mari mumari yekutsvaga iyo kwete chete haibhadhara chikwereti, zvisinei zvishoma, asi chaizvoizvo inopa mubhadhadzi wekuchengeta mari yavo.

Muzvokwadi, izvi zvinogona kuitika kune "vanilla vanilla" pfuma. Kana, semuenzaniso, iwe unotenga chikwangwani cheMariki inopa 2% chido chekukura uye yehuwandu yezvishoma zvekuwedzera kwezvakaitika panguva iyo 2.5%, kudzoka kwako kwechokwadi kune 0.5% yakaipa. Misiyano muzvibereko zvakashata muzvivigiro zvepanyika uye muTIPS ndeyokuti nekuda kwemazano maitiro akaumbwa, kukohwa kwakashata kunowedzera.

Kubudirira Kunokonzera uye "Kuenda Kunodzivirira"

Chiitiko chinozivikanwa se "kutizira kunzvimbo yakachengeteka," kana, zvakare, "kuenderera mberi kune unhu," inotsanangura kuti nei varimi dzimwe nguva vachibvumira kusabhadhara kusina mazano pane mamwe mazano kana imwe pfuma. Mune nguva dzekutaura kusina chokwadi kwehupfumi, vatengesi 'kutya kutya kurasikirwa nemari yavo vanowanzokunda chido chavo chekudzoka kunogamuchirwa. Mumatambudziko akawandisa-chiwero chekuita maitiro, semuenzaniso, kunyange zvazvo zvikwereti zvakanyanya-zvibereko zvingangove izvo chete zvigadzirwa zvinoshandisa zvibereko zvakanaka, vashandi vanowanzovanzvenga nekuda kwe (zvakajeka) vanoona njodzi huru. Izvozvi, izvi zvinotsanangura kuti sei zvisungo zvisingabatsiri zvinowanzopa zviyero zvakakwirira kune zvimwe zvisungo munguva dzinotambudza: vatengesi vanoda kunyanya kusimba kuisa mari yavo pangozi apo mari inowanzoita seyengozi kupfuura yenguva dzose.

Nokuda kwechikonzero chakafanana, kushandiswa kwebhizimisi mabhizimusi, uye Pfuma, kunyanya, inowanzopa huwandu hushoma hwekubhadhara muzviitiko zvinotambudza. Nokuti kuda kwezvinhu zvakachengeteka zvinogona kuwedzera zvinowedzera mune zvinotambudza hupfumi, avo vanopa mari vanogona kuderedza kufarira kwekuda kwekuita zvinokurudzira kunyange kunyanya kupfuura nguva dzose, vachiziva kuti vazhinji vanoita mari vanovatora chero zvakadaro -kuenda kune ngozi kuchengeteka. Imwe nzira yakakodzera yekucherechedza izvi ndeyokuti iyo inoguma yekugovera vs. kudai chiitiko.

Semuenzaniso, vashandi vekutsvaga mari yekuchengetedzwa mukati mekutambudzika pamusoro pematambudziko emakwereti muEurope akakurumidza muna 2009 vakaendesa zvibereko pa plain-vanilla Pfuma pasi pehuwandu hwekutengesa. Mune mamwe mazwi, kuchengeteka kwakava kwakanyanya zvakanyanya izvo vatengesi vaida kugamuchira chairo chakaipa (mushure mekuwedzera kwezvinhu) kudzoka paMari yose, kwete mazano chete, mukutsinhanisa nekudzoka kwakatenderwa kwevakuru.

Chikonzero nei vashandi vanobvuma MAZANO Nekubereka Zviri Kuipa

Vashandi vanoenderera mberi kutenga MAZANO nemaitiro asina kunaka nekuda kwezvikonzero izvi:

Zvakafanana Kuverenga