{"id":1082,"date":"2020-01-10T17:47:06","date_gmt":"2020-01-10T16:47:06","guid":{"rendered":"http:\/\/rahkargawo.cluster026.hosting.ovh.net\/blog\/?p=1080"},"modified":"2020-01-10T17:47:06","modified_gmt":"2020-01-10T16:47:06","slug":"%d8%a8%d9%84%d9%8e%da%a9-%d8%b1%d8%a7%da%a9%d8%8c-%d9%82%d8%af%d8%b1%d8%aa%d9%85%d8%af%d8%a7%d8%b1-%d9%85%d8%a7%d9%84%db%8c-%d8%a8%d8%b1-%d8%a8%d8%a7%d9%84%db%8c%d9%86-%d8%a8%d8%a7%d8%b2%d9%86%d8%b4","status":"publish","type":"post","link":"https:\/\/rahkargar.com\/?p=1082","title":{"rendered":"\u0628\u0644\u064e\u06a9 \u0631\u0627\u06a9\u060c \u0642\u062f\u0631\u062a\u0645\u062f\u0627\u0631 \u0645\u0627\u0644\u06cc \u0628\u0631 \u0628\u0627\u0644\u06cc\u0646 \u0628\u0627\u0632\u0646\u0634\u0633\u062a\u06af\u0627\u0646 \u0641\u0631\u0627\u0646\u0633\u0648\u06cc : \u0633\u06cc\u0644\u0648\u0646 \u0644\u0650\u062f\u0650\u0631\u060c \u0627\u0633\u062a\u0627\u062f \u0639\u0644\u0648\u0645 \u0627\u0642\u062a\u0635\u0627\u062f\u06cc \u0648 \u0627\u062c\u062a\u0645\u0627\u0639\u06cc \u062a\u0631\u062c\u0645\u0647 \u0628\u0647\u0631\u0648\u0632 \u0639\u0627\u0631\u0641\u06cc"},"content":{"rendered":"

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\u00a0<\/p>\n

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\u00a0<\/p>\n

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\u00a0<\/p>\n

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\u0628\u0647 \u0639\u0642\u06cc\u062f\u0647 \u0622\u0642\u0627\u06cc \u0641\u06cc\u0646\u06a9\u060c \u0628\u062f\u06cc\u0646 \u062a\u0631\u062a\u06cc\u0628\u060c \u0639\u0644\u0627\u0621\u0627\u0644\u062f\u06cc\u0646 \u062c\u0647\u0627\u0646 \u0631\u0627 \u0628\u0647 \u063a\u0627\u0631 \u0639\u0644\u06cc \u0628\u0627\u0628\u0627 \u062a\u0628\u062f\u06cc\u0644 \u06a9\u0631\u062f\u0647 \u0627\u0633\u062a. \u0686\u0646\u06cc\u0646 \u0628\u0647 \u0646\u0638\u0631 \u0645\u06cc \u0631\u0633\u062f \u06a9\u0647 \u062f\u0631 \u0645\u06cc\u0627\u0646 \u0627\u06cc\u0646 \u063a\u0627\u0631\u060c \u062c\u0648\u0627\u0647\u0631\u06cc \u0628\u0647 \u0635\u0648\u0631\u062a \u0647\u0634\u062a \u0636\u0644\u0639\u06cc** \u062f\u06cc\u062f\u0647 \u0627\u0633\u062a.<\/p>\n

\u00a0<\/p>\n

\u0628\u0627\u0632\u06a9\u0631\u062f\u0646 \u062d\u0633\u0627\u0628 \u067e\u0633 \u0627\u0646\u062f\u0627\u0632 \u0628\u0627\u0632\u0646\u0634\u0633\u062a\u06af\u06cc \u0631\u0627 \u0627\u062a\u0648\u0645\u0627\u062a\u06cc\u06a9 \u06a9\u0646\u06cc\u0645…<\/p>\n

\u00a0<\/p>\n

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\u00a0<\/p>\n

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——–<\/p>\n

\u067e\u0627\u0648\u0631\u0642\u06cc \u0647\u0627:<\/p>\n

1 \u2013 Don Quijones, \u00ab Why\u2019s the world\u2019s biggest asset manager advising the ECB on the health of EU banks ?, Wolf street, 15 october 2018, https:\/\/wolfstreet.com<\/p>\n

2 \u2013 Jos\u00e9 Azar, Martin C Schmalz et Isabel Tecu, \u00ab Anticompetitive effects of common ownership \u00bb, The journal of Finance, vol 73, n\u00b0 4, Berkeley, august2018<\/p>\n

3 \u2013 Edouard Phillippe, \u00ab Orogramme \u00ab Action Publique 20200 \u00bb, cabinet du premier ministre, Paris, 26 septembre 2017.<\/p>\n

4 \u2013 \u00ab La loi Pacte : le bon plan retraite \u00bb, BlackRock, France, Paris, juin 2019, www.blackrock.com<\/p>\n

\u062a\u0648\u0636\u06cc\u062d\u0627\u062a \u0645\u062a\u0631\u062c\u0645:<\/p>\n

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** \u062f\u0631 \u0641\u0631\u0627\u0646\u0633\u0647\u060c \u0628\u0647 \u06a9\u0634\u0648\u0631 \u0641\u0631\u0627\u0646\u0633\u0647\u060c \u0628\u0647 \u062e\u0627\u0637\u0631 \u0634\u06a9\u0644 \u0647\u0646\u062f\u0633\u06cc \u062c\u063a\u0631\u0627\u0641\u06cc\u0627\u0626\u06cc \u0622\u0646 \u06a9\u0647 \u0634\u0628\u06cc\u0647 \u0647\u0634\u062a \u0636\u0644\u0639\u06cc \u0633\u062a\u060c \u00ab\u0647\u06af\u0632\u0627\u06af\u0648\u0646\u00bb \u06cc\u0639\u0646\u06cc \u0647\u0634\u062a \u0636\u0644\u0639\u06cc \u0646\u06cc\u0632 \u0645\u06cc \u06af\u0648\u06cc\u0646\u062f.<\/p>\n

*** \u0628\u0647 \u06af\u0632\u0627\u0631\u0634 \u0631\u0633\u0627\u0646\u0647 \u0647\u0627\u06cc \u0641\u0631\u0627\u0646\u0633\u0647\u060c \u062f\u0631 \u0631\u0648\u0632\u0647\u0627\u06cc \u0627\u062e\u0631 \u0633\u0627\u0644 2019 \u0648 \u062f\u0631 \u0628\u06cc\u0633\u062a \u0648 \u0647\u0641\u062a\u0645\u06cc\u0646 \u0631\u0648\u0632 \u0627\u0639\u062a\u0635\u0627\u0628 \u0628\u0631\u0627\u06cc \u0627\u0639\u062a\u0631\u0627\u0636 \u0628\u0647 \u0628\u0631\u0646\u0627\u0645\u0647 \u0628\u0627\u0632\u0646\u0634\u0633\u062a\u06af\u06cc \u062f\u0648\u0644\u062a\u060c \u0646\u062e\u0633\u062a \u0648\u0632\u06cc\u0631 \u0641\u0631\u0627\u0646\u0633\u0647 \u0628\u0647 Jean-Fran\u00e7ois Cirelli \u0646\u0634\u0627\u0646 \u0644\u0698\u06cc\u0648\u0646 \u062f\u0648\u0646\u0648\u0631 \u0627\u0639\u0637\u0627 \u06a9\u0631\u062f. \u0627\u06cc\u0646 \u06a9\u0627\u0631 \u0628\u0627 \u0627\u0639\u062a\u0631\u0627\u0636 \u0628\u0633\u06cc\u0627\u0631\u06cc \u062f\u0631 \u062f\u0627\u062e\u0644 \u0641\u0631\u0627\u0646\u0633\u0647 \u0631\u0648\u0628\u0631\u0648 \u0634\u062f\u0647 \u0648\u0644\u06cc \u0646\u062e\u0633\u062a \u0648\u0632\u06cc\u0631 \u0628\u0647 \u062a\u0648\u062c\u06cc\u0647 \u0622\u0646 \u067e\u0631\u062f\u0627\u062e\u062a\u0647 \u0627\u0633\u062a!<\/p>\n

**** \u0642\u0627\u0646\u0648\u0646 \u067e\u0627\u06a9\u062a Pacte \u0645\u0635\u0648\u0628\u0647 22 \u0645\u0647 2019 \u062f\u0631\u0628\u0627\u0631\u0647 \u00ab\u0631\u0634\u062f \u0648\u062a\u063a\u06cc\u06cc\u0631 \u0634\u06a9\u0644 \u0634\u0631\u06a9\u062a \u0647\u0627\u00bb\u060c \u0642\u0627\u0646\u0648\u0646\u06cc \u0633\u062a \u06a9\u0647 \u062f\u0648\u0644\u062a \u0627\u062f\u0648\u0627\u0631 \u0641\u06cc\u0644\u06cc\u067e \u0628\u0631\u0627\u06cc \u0628\u0632\u0631\u06af \u062a\u0631 \u0634\u062f\u0646 \u00ab\u0634\u0631\u06a9\u062a \u0647\u0627\u06cc \u0641\u0631\u0627\u0646\u0633\u0648\u06cc\u00bb \u06af\u0630\u0631\u0627\u0646\u062f\u0647 \u062a\u0627 \u0622\u0646 \u0647\u0627 \u0628\u062a\u0648\u0627\u0646\u0646\u062f \u062c\u0627\u06cc \u0634\u0631\u06a9\u062a \u0647\u0627 \u0631\u0627 \u062f\u0631 \u062c\u0627\u0645\u0639\u0647 \u0628\u06af\u06cc\u0631\u0646\u062f.<\/p>\n","protected":false},"excerpt":{"rendered":"

\u0633\u0631\u0645\u0627\u06cc\u0647 \u062f\u0627\u0631\u0627\u0646 \u0628\u0632\u0631\u06af \u0645\u0627\u0644\u06cc \u06a9\u0647 \u0627\u0632 \u0633\u0647\u0645 \u0627\u0646\u062f\u06a9 \u067e\u0633 \u0627\u0646\u062f\u0627\u0632 \u0641\u0631\u062f\u06cc \u062f\u0631 \u0646\u0638\u0627\u0645 \u0628\u0627\u0632\u0646\u0634\u0633\u062a\u06af\u06cc \u0641\u0631\u0627\u0646\u0633\u0647 \u062f\u0644\u0633\u0631\u062f \u0634\u062f\u0647 \u0627\u0646\u062f\u060c \u0627\u0645\u06cc\u062f\u0648\u0627\u0631\u0646\u062f \u0628\u0627 \u0631\u0641\u0631\u0645 \u0645\u0627\u06a9\u0631\u0648\u0646-\u0641\u06cc\u0644\u06cc\u067e\u060c \u0631\u0627\u0647 \u0628\u0631\u0627\u06cc \u0634\u0627\u0646 \u06af\u0634\u0648\u062f\u0647 \u0634\u0648\u062f. \u062f\u0631 \u0637\u0628\u0642\u0647 \u0647\u0645 \u06a9\u0641 \u06cc\u06a9 \u0633\u0627\u062e\u062a\u0645\u0627\u0646 \u0627\u0639\u06cc\u0627\u0646\u06cc \u062f\u0631 \u0646\u06cc\u0648\u06cc\u0648\u0631\u06a9 \u06a9\u0647 \u0628\u0631 \u0631\u0648\u06cc \u0647\u0645\u06af\u0627\u0646 \u0628\u0627\u0632 \u0627\u0633\u062a\u060c \u0645\u063a\u0627\u0632\u0647 \u06cc \u0637\u0631\u0627\u062d\u06cc \u0648 \u062f\u0631 \u06a9\u0646\u0627\u0631 \u0622\u0646 \u06a9\u0627\u0641\u0647-\u0628\u0627\u0631\u06cc \u0648\u062c\u0648\u062f \u062f\u0627\u0631\u062f \u06a9\u0647 \u067e\u06cc\u0627\u0646\u0648\u0646\u0648\u0627\u0632\u06cc \u0628\u0627 \u0628\u062f\u0627\u0647\u0647 \u0646\u0648\u0627\u0632\u06cc\u060c \u0645\u0648\u062c\u0628 \u0634\u0627\u062f\u06cc \u0645\u0634\u062a\u0631\u06cc\u0627\u0646 \u0645\u0631\u0641\u0647 \u0645\u06cc \u0634\u0648\u062f. \u0627\u06cc\u0646 \u0633\u0627\u062e\u062a\u0645\u0627\u0646 \u0628\u0647 \u0628\u0644\u06a9 \u0631\u0627\u06a9 Black Rock \u062a\u0639\u0644\u0642 \u062f\u0627\u0631\u062f. \u0634\u0631\u06a9\u062a \u0628\u0644\u06a9 \u0631\u0627\u06a9 \u0648 \u062f\u0648 \u0645\u0648\u0633\u0633\u0647 \u062f\u06cc\u06af\u0631\u060c \u0648\u0627\u0646\u06af\u0627\u0631\u062f(Vanguard) \u0648 \u0627\u0633\u062a\u0650\u06cc\u062a \u0627\u0633\u062a\u0631\u06cc\u062a(State Street)\u060c \u06af\u0631\u0648\u0647<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"yoast_head":"\n\u0628\u0644\u064e\u06a9 \u0631\u0627\u06a9\u060c \u0642\u062f\u0631\u062a\u0645\u062f\u0627\u0631 \u0645\u0627\u0644\u06cc \u0628\u0631 \u0628\u0627\u0644\u06cc\u0646 \u0628\u0627\u0632\u0646\u0634\u0633\u062a\u06af\u0627\u0646 \u0641\u0631\u0627\u0646\u0633\u0648\u06cc : \u0633\u06cc\u0644\u0648\u0646 \u0644\u0650\u062f\u0650\u0631\u060c \u0627\u0633\u062a\u0627\u062f \u0639\u0644\u0648\u0645 \u0627\u0642\u062a\u0635\u0627\u062f\u06cc \u0648 \u0627\u062c\u062a\u0645\u0627\u0639\u06cc \u062a\u0631\u062c\u0645\u0647 \u0628\u0647\u0631\u0648\u0632 \u0639\u0627\u0631\u0641\u06cc - \u0628\u0647 \u0633\u0627\u06cc\u062a \u0633\u0627\u0632\u0645\u0627\u0646 \u0631\u0627\u0647 \u06a9\u0627\u0631\u06af\u0631 \u062e\u0648\u0634 \u0622\u0645\u062f\u06cc\u062f<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.rahkargar.com\/?p=1082\" \/>\n<meta property=\"og:locale\" content=\"fa_IR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"\u0628\u0644\u064e\u06a9 \u0631\u0627\u06a9\u060c \u0642\u062f\u0631\u062a\u0645\u062f\u0627\u0631 \u0645\u0627\u0644\u06cc \u0628\u0631 \u0628\u0627\u0644\u06cc\u0646 \u0628\u0627\u0632\u0646\u0634\u0633\u062a\u06af\u0627\u0646 \u0641\u0631\u0627\u0646\u0633\u0648\u06cc : \u0633\u06cc\u0644\u0648\u0646 \u0644\u0650\u062f\u0650\u0631\u060c \u0627\u0633\u062a\u0627\u062f \u0639\u0644\u0648\u0645 \u0627\u0642\u062a\u0635\u0627\u062f\u06cc \u0648 \u0627\u062c\u062a\u0645\u0627\u0639\u06cc \u062a\u0631\u062c\u0645\u0647 \u0628\u0647\u0631\u0648\u0632 \u0639\u0627\u0631\u0641\u06cc - \u0628\u0647 \u0633\u0627\u06cc\u062a \u0633\u0627\u0632\u0645\u0627\u0646 \u0631\u0627\u0647 \u06a9\u0627\u0631\u06af\u0631 \u062e\u0648\u0634 \u0622\u0645\u062f\u06cc\u062f\" \/>\n<meta property=\"og:description\" content=\"\u0633\u0631\u0645\u0627\u06cc\u0647 \u062f\u0627\u0631\u0627\u0646 \u0628\u0632\u0631\u06af \u0645\u0627\u0644\u06cc \u06a9\u0647 \u0627\u0632 \u0633\u0647\u0645 \u0627\u0646\u062f\u06a9 \u067e\u0633 \u0627\u0646\u062f\u0627\u0632 \u0641\u0631\u062f\u06cc \u062f\u0631 \u0646\u0638\u0627\u0645 \u0628\u0627\u0632\u0646\u0634\u0633\u062a\u06af\u06cc \u0641\u0631\u0627\u0646\u0633\u0647 \u062f\u0644\u0633\u0631\u062f \u0634\u062f\u0647 \u0627\u0646\u062f\u060c \u0627\u0645\u06cc\u062f\u0648\u0627\u0631\u0646\u062f \u0628\u0627 \u0631\u0641\u0631\u0645 \u0645\u0627\u06a9\u0631\u0648\u0646-\u0641\u06cc\u0644\u06cc\u067e\u060c \u0631\u0627\u0647 \u0628\u0631\u0627\u06cc \u0634\u0627\u0646 \u06af\u0634\u0648\u062f\u0647 \u0634\u0648\u062f. \u062f\u0631 \u0637\u0628\u0642\u0647 \u0647\u0645 \u06a9\u0641 \u06cc\u06a9 \u0633\u0627\u062e\u062a\u0645\u0627\u0646 \u0627\u0639\u06cc\u0627\u0646\u06cc \u062f\u0631 \u0646\u06cc\u0648\u06cc\u0648\u0631\u06a9 \u06a9\u0647 \u0628\u0631 \u0631\u0648\u06cc \u0647\u0645\u06af\u0627\u0646 \u0628\u0627\u0632 \u0627\u0633\u062a\u060c \u0645\u063a\u0627\u0632\u0647 \u06cc \u0637\u0631\u0627\u062d\u06cc \u0648 \u062f\u0631 \u06a9\u0646\u0627\u0631 \u0622\u0646 \u06a9\u0627\u0641\u0647-\u0628\u0627\u0631\u06cc \u0648\u062c\u0648\u062f \u062f\u0627\u0631\u062f \u06a9\u0647 \u067e\u06cc\u0627\u0646\u0648\u0646\u0648\u0627\u0632\u06cc \u0628\u0627 \u0628\u062f\u0627\u0647\u0647 \u0646\u0648\u0627\u0632\u06cc\u060c \u0645\u0648\u062c\u0628 \u0634\u0627\u062f\u06cc \u0645\u0634\u062a\u0631\u06cc\u0627\u0646 \u0645\u0631\u0641\u0647 \u0645\u06cc \u0634\u0648\u062f. \u0627\u06cc\u0646 \u0633\u0627\u062e\u062a\u0645\u0627\u0646 \u0628\u0647 \u0628\u0644\u06a9 \u0631\u0627\u06a9 Black Rock \u062a\u0639\u0644\u0642 \u062f\u0627\u0631\u062f. \u0634\u0631\u06a9\u062a \u0628\u0644\u06a9 \u0631\u0627\u06a9 \u0648 \u062f\u0648 \u0645\u0648\u0633\u0633\u0647 \u062f\u06cc\u06af\u0631\u060c \u0648\u0627\u0646\u06af\u0627\u0631\u062f(Vanguard) \u0648 \u0627\u0633\u062a\u0650\u06cc\u062a \u0627\u0633\u062a\u0631\u06cc\u062a(State Street)\u060c \u06af\u0631\u0648\u0647\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.rahkargar.com\/?p=1082\" \/>\n<meta property=\"og:site_name\" content=\"\u0628\u0647 \u0633\u0627\u06cc\u062a \u0633\u0627\u0632\u0645\u0627\u0646 \u0631\u0627\u0647 \u06a9\u0627\u0631\u06af\u0631 \u062e\u0648\u0634 \u0622\u0645\u062f\u06cc\u062f\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Rahekaregar?epa=SEARCH_BOX\" \/>\n<meta property=\"article:published_time\" content=\"2020-01-10T16:47:06+00:00\" \/>\n<meta property=\"og:image\" content=\"\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" 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