&8,'$'2<0$17(1,0,(172
/,03,(=$
/LPSLDUODXQLGDGFXDQGR
VHDQHFHVDULRFRQXQSDxR
VHFR\VXDYH3DUDPDQFKDV
UHDFLDVXVDUXQWUDSR
KXPHGHFLGRFRQDJXDWLELD
1RXVDUÀXLGRVYROiWLOHVWDOHVFRPREHQFLQD
GLVROYHQWHGHSLQWXUDRGHWHUJHQWHHQSROYR
\DTXHpVWRVSXHGHQGDxDUODVXSHU¿FLHGH
ODXQLGDG0DQWHQHUVHFRDOHTXLSR
/LPSLDUSHULyGLFDPHQWHODSDUHGGHWUiV
GHOHVFDSHGHDLUHGHOHTXLSR\DTXHVH
SXHGHHQVXFLDU
5HHPSOD]RGHOPDUFRGHO¿OWUR
(OOHWUHURLQGLFDGRU5(3/$&(),/7(5DYLVD
FXDQGRKD\TXHFDPELDUHOPDUFRGHO¿OWUR
(OODSVRGHWLHPSRHQWUHFDPELRVYDUtD
GHSHQGLHQGRGHOQ~PHURGHKRUDVGHXVR
FDOLGDGGHODLUH\XELFDFLyQGHODXQLGDG1R
REVWDQWHEDMRXVRQRUPDOODPD\RUtDGHORV
¿OWURVGHEHQFDPELDUVHFDGDDxR
\6
3DUDVXFRQYHQLHQFLDORVWUHV¿OWURV?
SUH¿OWURDQWLEDFWHULDQRODYDEOH¿OWUR
7UXH+(3$\HO¿OWURGHPDOOD1DQR
3ODWD¿OWURGHFDUEyQYLHQHQHQXQ
PDUFRGHUHFDPELRSUHHPSDFDGR
&DPELDUHOPDUFRGH¿OWURFXDQGRVH
SUHQGHHOLQGLFDGRU5(3/$&(),/7(5
'HVSXpVGHFDPELDUHO¿OWURSXOVDUHO
UHLQLFLRUHVHWGHGHQWURGHODXQLGDG
3DUDPi[LPDH¿FDFLDGHOHTXLSRODYDU
HOSUH¿OWURDQWLEDFWHULDQRODYDEOH\HO
¿OWURGHPDOOD1DQR3ODWD¿OWURGHFDUEyQ
FRPRVHGHVFULEHPiVDGHODQWHHQ
³/LPSLH]DGHO¿OWUR´FDGDWUHVPHVHV
1RVHGHEHODYDU\YROYHUDXVDUHO
¿O(3$\DTXHQRIXQFLRQDUi
H¿FD]PHQWH
%
(QHO%KD\GRV¿OWURVVHSDUDGRVHO
¿OWUR+(3$\HOSUH¿OWURGHFDUERQR
&XDQGRVHSUHQGHHOLQGLFDGRU
5(3/$&(),/7(5FDPELDUVRODPHQWH
HO¿OWUR+(3$
'HVSXpVGHFDPELDUHO¿OWURSXOVDUHO
ERWyQGHUHLQLFLRGHQWURGHODXQLGDG
3DUDRSWLPL]DUHOIXQFLRQDPLHQWRFDPELDU
HOSUH¿OWURGHFDUERQRFDGDWUHVPHVHV
1RODYDUHOSUH¿OWURGHFDUERQRSDUD
YROYHUORDXVDUQRIXQFLRQDUi
H¿FD]PHQWH
127$3DUDREWHQHU¿OWURVGHUHSXHVWR
FRQWDFWDUVHFRQHOGLVWULEXLGRURFRQ
ZZZZLQL[LQFFRP
3URFHGLPLHQWRGHOUHFDPELR
([WUDHUHOSDQHOIURQWDO
FRJLpQGRORGHORV
ERUGHVH[WHULRUHV
LQIHULRUHV\WLUiQGROR
FXLGDGRVDPHQWH
KDFLDXVWHG
6DFDUHOPDUFRGHO¿OWURWRPiQGRORGH
ODVOHQJHWDVXELFDGDVDFDGDODGR
4XLWDUODHQYROWXUDGH
SOiVWLFRGHOPDUFR
GHO¿OWURQXHYR
&RORFDUHOQXHYRPDUFRGHO¿OWURHQOD
XQLGDGSULQFLSDO
5HSRQHUHOSDQHOIURQWDOGHVSXpVGH
SUHVLRQDUHOERWyQ5(3/$&(),/7(5
(QFKXIDUHOHTXLSRDOWRPDFRUULHQWH
GHODSDUHG\SUHQGHUOR
/LPSLH]DGHO¿OWUR\6
3DUDHO\HO6UHFRPHQGDPRV
TXHVHOLPSLHHOSUH¿OWURDQWLEDFWHULDQR
ODYDEOH\HO¿OWURGHPDOOD1DQR
3ODWD¿OWURGHFDUEyQFDGDWUHVPHVHV
$'9(57(1&,$
$QWHVGHUHHPSOD]DU
ROLPSLDUORV¿OWURVDVHJXUDUVH
GHGHVFRQHFWDUHOHQFKXIHGHO
WRPDFRUULHQWH
