,16758&&,21(6,03257$17(6'(6(*85,'$'
/($72'$6/$6,16758&&,21(6$17(6'(86$5
*($SSOLDQFHVFRP
6LREVHUYDXQDUFRHOpFWULFRSUHVLRQHHOERWyQ&/($52))\FRUULMDHOSUREOHPD
$5&2(/e&75,&2
(ODUFRHOpFWULFRHVHOWpUPLQRGHPLFURRQGDV
SDUDGHILQLUODVFKLVSDVGHQWURGHOKRUQR(ODUFR
HOpFWULFRHVFDXVDGRSRU
0HWDORSDSHODOXPLQLRTXHHVWiHQFRQWDFWR
FRQHOODGRGHOKRUQR
(OSDSHODOXPLQLRQRHVWiDPROGDGRDORV
DOLPHQWRVORVERUGHVFRORFDGRVKDFLDDUULED
DFW~DQFRPRDQWHQDV
0HWDOFRPRWLULOODVSDUDWRUFHUDOILOHUHVSDUD
DYHVRSODWRVFRQDGRUQRVGRUDGRVHQHO
PLFURRQGDV
6HHVWiQXWLOL]DQGRWRDOODVGHSDSHOUHFLFODGRHQ
HOKRUQRPLFURRQGDVTXHFRQWLHQHQSHTXHxDV
SLH]DVPHWiOLFDV
/RVOtTXLGRVVREUHFDOHQWDGRVEXUEXMHDUiQIXHUD
GHODWD]DFXDQGRpVWDVHPXHYDRFXDQGRDOJR
FRPRXQDFXFKDUDRXQDEROVDGHWpVHFRORTXHQ
HQHOOD
3DUDSUHYHQLUTXHHVWRVXFHGD\FDXVHOHVLRQHV
QRFDOLHQWHQLQJ~QOtTXLGRSRUPiVGHPLQXWRV
SRUWD]D
'HVSXpVGHFDOHQWDUSHUPLWDTXHODWD]D
SHUPDQH]FDHQHOKRUQRPLFURRQGDVGXUDQWH
VHJXQGRVDQWHVGHPRYHUODRFRORFDUDOJRGHQWUR
GHHOOD
(EXOOLFLyQHVSRQWiQHD
%DMRFLHUWDVFLUFXQVWDQFLDVHVSHFLDOHVORVOtTXLGRV
SXHGHQFRPHQ]DUDKHUYLUGXUDQWHRSRFRGHVSXpV
GHVHUTXLWDGRVGHOKRUQRPLFURRQGDV
3DUDSUHYHQLUTXHPDGXUDVSRUODVVDOSLFDGXUDV
GHOOtTXLGRDQWHVGHTXLWDUHOUHFLSLHQWHGHOKRUQR
UHFRPHQGDPRVORVLJXLHQWH
3HUPLWDTXHHOUHFLSLHQWHSHUPDQH]FDHQHO
KRUQRGXUDQWHDVHJXQGRVGHVSXpVTXHHO
KRUQRVHKD\DDSDJDGR
1RSHUPLWDODHEXOOLFLyQGHOtTXLGRVHQ
UHFLSLHQWHVFRQXQFXHOORHVWUHFKRFRPR
ODVERWHOODVGHJDVHRVDVERWHOODVGHYLQR\
HVSHFLDOPHQWHODVWD]DVGHFDIpFRQFXHOOR
HVWUHFKR,QFOXVRVLHOUHFLSLHQWHHVWiDELHUWR
SXHGHDFXPXODUVHXQH[FHVRGHYDSRU\FDXVDU
TXHpVWHH[SORWHRVHUHERVH
(ODJXD\RWURVOtTXLGRVTXHVRQVRPHWLGRVDODVPLFURRQGDVQRVLHPSUHIRUPDQEXUEXMDVFXDQGR
DOFDQ]DQHOSXQWRGHHEXOOLFLyQ&LHUWDPHQWHSXHGHQHVWDUVREUHFDOHQWDGRV\QRPRVWUDUQLQJXQDEXUEXMD
$*8$62%5(&$/(17$'$
*8$5'((67$6,16758&&,21(6
