*LUHHOVHOHFWRUGHPRGRGHOKRUQRD
&/($1
OLPSLH]D
*LUHODSHULOODGHWHPSHUDWXUDDODSRVLFLyQ
&/($1
OLPSLH]D
(OFRQWURODXWRPiWLFDPHQWHXWLOL]DHO
WLHPSRSUHGHWHUPLQDGRGHFLFORGHOLPSLH]D
UHFRPHQGDGRGHKRUDV(OFLFORGHOLPSLH]D
SXHGHDMXVWDUVHDFXDOTXLHUWLHPSRHQWUH\
KRUDVXWLOL]DQGRODPLQLSHULOOD/DSDQWDOOD
PRVWUDUiHOWLHPSRUHVWDQWH
3UHVLRQHODPLQLSHULOODSDUDLQLFLDUHOFLFOR
&/($1
OLPSLH]D
6LHQODSDQWDOODDSDUHFH´&/26(GRRUµ
FHUUDUODSXHUWDVHKDVHOHFFLRQDGRHOFLFOR
GHDXWROLPSLH]DSHURQRVHKDFHUUDGROD
SXHUWD&LHUUHODSXHUWDGHOKRUQR
(OVtPEROR GHVWHOODUiKDVWDTXHVHEORTXHH
ODSXHUWDGHOKRUQR1RSRGUiDEULUVHODSXHUWD
GHOKRUQRGXUDQWHHOFLFORGHOLPSLH]D
'HVSXpVGHTXHHOFLFORGHOLPSLH]DKD\D
ILQDOL]DGR\HOKRUQRVHKD\DHQIULDGR
DSDUHFHUi´(QGµHQODSDQWDOOD\HO VH
DSDJDUi*LUHHOVHOHFWRUGHPRGRGHOKRUQR
\ODSHULOODGHWHPSHUDWXUDD
2))
DSDJDGR
3DUDLQWHUUXPSLUHOFLFORGHOLPSLH]DJLUH
HOVHOHFWRUGHPRGRGHOKRUQR\ODSHULOOD
GHWHPSHUDWXUDD
2))
&XDQGRODWHPSHUDWXUD
GHOKRUQRKD\DEDMDGRDXQQLYHOVHJXURHO
VtPEROR VHDSDJDUiLQGLFDQGRTXHSXHGH
DEULUVHODSXHUWD
8QFLFORGHOLPSLH]DTXHVHLQWHUUXPSHQR
SXHGHUHLQLFLDUVHKDVWDTXHHOKRUQRVHHQIUtH
ORVXILFLHQWHSDUDTXHODSXHUWDVHGHVWUDEH
+RUQRDXWROLPSLDQWH
&RFLQDSURIHVLRQDOGHFRPEXVWLEOHGXDO
3UHFDXFLRQHV
GHVHJXULGDG
GHOD
DXWROLPSLH]D
/DFDUDFWHUtVWLFDGHDXWROLPSLH]DGHOKRUQRVH
HQFXHQWUDGLVHxDGDSDUDIDFLOLWDUODOLPSLH]D
GHODSDUWHLQWHUQDGHOKRUQRXWLOL]DQGR
WHPSHUDWXUDVPX\HOHYDGDVSDUDTXHPDU
\HOLPLQDUGHUUDPHVGHDOLPHQWRV
$'9(57(1&,$
/LPSLHODJUDVD
H[FHVLYD\RWURVGHUUDPHVGHDOLPHQWRVFRQXQSDxR
K~PHGR/DVXFLHGDGH[FHVLYDGHDOLPHQWRVSXHGH
SUHQGHUVHIXHJRORTXHSURYRFDKXPR
\GDxRVSRUFDORU
1ROLPSLHODVMXQWDVGHOKRUQRSRUTXHSXHGHQ
SURYRFDUVHGDxRV
4XLWHORVHOHPHQWRVGHFRFFLyQDVDGHUDUHMLOOD
VRQGD\FXDOTXLHUWUR]RGHSDSHOGHDOXPLQLR
GHOKRUQR
9HULILTXHTXHODOHQWHGHODOX]GHOKRUQR\HOPDUFR
GHODOHQWHVHHQFXHQWUHQHQVXOXJDU
1RXWLOLFHOLPSLDGRUHVGHKRUQRFRPHUFLDOHV
DEUDVLYRVRSURWHFWRUHVGHKRUQRHQRFHUFD
GHXQKRUQRDXWROLPSLDQWH
5HFRPHQGDPRVYHQWLODUVXFRFLQDFRQXQDYHQWDQD
DELHUWDRXWLOL]DQGRXQYHQWLODGRUFDPSDQDGXUDQWH
HOFLFORGHDXWROLPSLH]D
/LPSLHODVXFLHGDGXELFDGDDOUHGHGRUGHODUPD]yQ
RDOUHGHGRUGHODSXHUWDGHOKRUQR
HQODSDUWHH[WHULRUGHODVMXQWDVGHOKRUQR
(VWDViUHDVGHEHQOLPSLDUVHDPDQR
/DVEDQGHMDVGHOKRUQRSXHGHQGHMDUVH
HQHOKRUQRGXUDQWHHOFLFORGHDXWROLPSLH]D
,03257$17(
/DVHPDQDFLRQHVSURGXFLGDVGXUDQWH
HOFLFORGHDXWROLPSLH]DGHFXDOTXLHUKRUQRDIHFWDQ
ODVDOXGGHDOJXQDVDYHVGHPDQHUDQRWRULD3URFXUH
OOHYDUDVXVDYHVDRWUDKDELWDFLyQELHQYHQWLODGD
127$
(OPRGRGHDXWROLPSLH]DQRIXQFLRQD
VLODVRQGDGHWHPSHUDWXUDVHHQFXHQWUDHQFKXIDGD
RVLVHKDOODFRQILJXUDGRHOPRGR6DEEDW
(QORVPRGHORVGHKRUQRGREOHSXHGHFRQILJXUDUVH
HOFLFORGHOLPSLH]DHQDPERVKRUQRVDOPLVPR
WLHPSR(O~OWLPRKRUQRHQFRQILJXUDUVH
DXWRPiWLFDPHQWHUHWDUGDUiVXLQLFLRKDVWD
ODILQDOL]DFLyQGHOFLFORGHOLPSLH]DGHOSULPHUKRUQR
(QORVPRGHORVGHKRUQRGREOHVHSXHGHKRUQHDU
HQXQKRUQR\HIHFWXDUODDXWROLPSLH]DHQHORWUR
DOPLVPRWLHPSR
6LQHPEDUJRQRSXHGHXVDUVHODFRQILJXUDFLyQ
GHPRGR3522)OHXGDGRHQXQKRUQRPLHQWUDV
HORWURVHKDOODUHDOL]DQGRODDXWROLPSLH]D
&yPR
FRQILJXUDU
HOKRUQR
SDUDOD
OLPSLH]D
0LQLSHULOOD
*LUHSDUDDMXVWDU
3UHVLRQHSDUD
VHOHFFLRQDU
