Está en la página 1de 4




+$%,/,'$'(6'(&2081,&$&,17pFQLFDVSDUDOD
&RPXQLFDFLyQ(ILFD]


$XWRU$QJHO$0DUFXHOOR*DUFtD


/$&2081,&$&,1
6RPRVSULPRUGLDOPHQWHVHUHVVRFLDOHVHQHOVHQWLGRGHTXHSDVDPRVODPD\RUSDUWHGHQXHVWUDVYLGDVFRQRWUDV
SHUVRQDV3RUFRQVLJXLHQWHHVLPSRUWDQWHDSUHQGHUDHQWHQGHUVHFRQORVRWURV\DIXQFLRQDUDGHFXDGDPHQWHHQ
VLWXDFLRQHVVRFLDOHV&LHUWDVKDELOLGDGHVGHFRPXQLFDFLyQQRVD\XGDQDPHMRUDUODVUHODFLRQHVLQWHUSHUVRQDOHV

/DFRPXQLFDFLyQHVHODFWRSRUHOFXDOXQLQGLYLGXRHVWDEOHFHFRQRWURXQFRQWDFWRTXHOHSHUPLWHWUDQVPLWLUXQD
LQIRUPDFLyQ(QODFRPXQLFDFLyQLQWHUYLHQHQGLYHUVRVHOHPHQWRVTXHSXHGHQIDFLOLWDURGLILFXOWDUHOSURFHVR

(PLVRU/DSHUVRQD RSHUVRQDV TXHHPLWHXQPHQVDMH


5HFHSWRU/DSHUVRQD RSHUVRQDV TXHUHFLEHHOPHQVDMH
0HQVDMH&RQWHQLGRGHODLQIRUPDFLyQTXHVHHQYtD
&DQDO0HGLRSRUHOTXHVHHQYtDHOPHQVDMH
&yGLJR6LJQRV\UHJODVHPSOHDGDVSDUDHQYLDUHOPHQVDMH
&RQWH[WR6LWXDFLyQHQODTXHVHSURGXFHODFRPXQLFDFLyQ

/DFRPXQLFDFLyQHILFD]HQWUHGRVSHUVRQDVVHSURGXFHFXDQGRHOUHFHSWRULQWHUSUHWDHOPHQVDMHHQHOVHQWLGRTXH
SUHWHQGHHOHPLVRU

7,326'(&2081,&$&,1
/DVIRUPDVGHFRPXQLFDFLyQKXPDQDSXHGHQDJUXSDUVHHQGRVJUDQGHVFDWHJRUtDVODFRPXQLFDFLyQYHUEDO\OD
FRPXQLFDFLyQQRYHUEDO

/DFRPXQLFDFLyQYHUEDOVHUHILHUHDODVSDODEUDVTXHXWLOL]DPRV\DODVLQIOH[LRQHVGHQXHVWUDYR] WRQRGHYR] 
/DFRPXQLFDFLyQQRYHUEDOKDFHUHIHUHQFLDDXQJUDQQ~PHURGHFDQDOHVHQWUHORVTXHVHSRGUtDQFLWDUFRPRORV
PiVLPSRUWDQWHVHOFRQWDFWRYLVXDOORVJHVWRVIDFLDOHVORVPRYLPLHQWRVGHEUD]RV\PDQRVRODSRVWXUD\OD
GLVWDQFLDFRUSRUDO

&RPXQLFDFLyQYHUEDO

3DODEUDV ORTXHGHFLPRV
7RQRGHQXHVWUDYR]

&RPXQLFDFLyQQRYHUEDO

&RQWDFWRYLVXDO

KWWSZZZSVLFRORJLDRQOLQHFRPPRQRJUDILDVFRPXQLFDFLRQBHILFD]VKWPO 


*HVWRVIDFLDOHV H[SUHVLyQGHODFDUD
0RYLPLHQWRVGHEUD]RV\PDQRV
3RVWXUD\GLVWDQFLDFRUSRUDO

3HVHDODLPSRUWDQFLDTXHOHVROHPRVDWULEXLUDODFRPXQLFDFLyQYHUEDOHQWUHXQ\XQGHOWRWDOGHQXHVWUD
FRPXQLFDFLyQFRQORVGHPiVODUHDOL]DPRVDWUDYpVGHFDQDOHVQRYHUEDOHV3DUDFRPXQLFDUVHHILFD]PHQWHORV
PHQVDMHVYHUEDOHV\QRYHUEDOHVGHEHQFRLQFLGLUHQWUHVt0XFKDVGLILFXOWDGHVHQODFRPXQLFDFLyQVHSURGXFHQ
FXDQGRQXHVWUDVSDODEUDVVHFRQWUDGLFHQFRQQXHVWUDFRQGXFWDQRYHUEDO(MHPSOR

8QKLMROHHQWUHJDXQUHJDORDVXSDGUHSRUVXFXPSOHDxRV\pVWHFRQXQDH[SUHVLyQGHGHFHSFLyQGLFH*UDFLDV
HVMXVWRORTXHTXHUtD
8QFKLFRHQFXHQWUDDVXPHMRUDPLJRSRUODFDOOH\FXDQGROHVDOXGDHORWUROHGHYXHOYHHOVDOXGRFRQXQIUtR\
VHFRKROD\GHVYtDODPLUDGD

7e&1,&$6'(&2081,&$&,1(),&$=
7RGRVFRQRFHPRV\SRGUtDPRVFLWDUHQWHRUtDFXDOHVVRQORVSULQFLSLRVEiVLFRVSDUDORJUDUXQDFRUUHFWDFRPXQLFDFLyQ
SHURWDOYH]SRUVRQDUDSHURJUXOORIUHFXHQWHPHQWHQRVROYLGDPRVGHHOORV$OJXQDVGHODVHVWUDWHJLDVTXHSRGHPRV
HPSOHDUVRQWDQVHQFLOODVFRPRODVVLJXLHQWHV

/DHVFXFKDDFWLYD
8QRGHORVSULQFLSLRVPiVLPSRUWDQWHV\GLItFLOHVGHWRGRHOSURFHVRFRPXQLFDWLYRHVHOVDEHUHVFXFKDU/DIDOWDGH
FRPXQLFDFLyQTXHVHVXIUHKR\GtDVHGHEHHQJUDQSDUWHDTXHQRVHVDEHHVFXFKDUDORVGHPiV6HHVWiPiVWLHPSR
SHQGLHQWHGHODVSURSLDVHPLVLRQHV\HQHVWDQHFHVLGDGSURSLDGHFRPXQLFDUVHSLHUGHODHVHQFLDGHOD
FRPXQLFDFLyQHVGHFLUSRQHUHQFRP~QFRPSDUWLUFRQORVGHPiV([LVWHODFUHHQFLDHUUyQHDGHTXHVHHVFXFKDGH
IRUPDDXWRPiWLFDSHURQRHVDVt(VFXFKDUUHTXLHUHXQHVIXHU]RVXSHULRUDOTXHVHKDFHDOKDEODU\WDPELpQGHOTXH
VHHMHUFHDOHVFXFKDUVLQLQWHUSUHWDUORTXHVHR\H3HURTXpHVUHDOPHQWHODHVFXFKDDFWLYD"

/DHVFXFKDDFWLYDVLJQLILFDHVFXFKDU\HQWHQGHUODFRPXQLFDFLyQGHVGHHOSXQWRGHYLVWDGHOTXHKDEOD&XiOHV
ODGLIHUHQFLDHQWUHHORtU\HOHVFXFKDU"([LVWHQJUDQGHVGLIHUHQFLDV(ORtUHVVLPSOHPHQWHSHUFLELUYLEUDFLRQHVGH
VRQLGR0LHQWUDVTXHHVFXFKDUHVHQWHQGHUFRPSUHQGHURGDUVHQWLGRDORTXHVHR\H/DHVFXFKDHIHFWLYDWLHQHTXH
VHUQHFHVDULDPHQWHDFWLYDSRUHQFLPDGHORSDVLYR/DHVFXFKDDFWLYDVHUHILHUHDODKDELOLGDGGHHVFXFKDUQRVyOROR
TXHODSHUVRQDHVWiH[SUHVDQGRGLUHFWDPHQWHVLQRWDPELpQORVVHQWLPLHQWRVLGHDVRSHQVDPLHQWRVTXHVXE\DFHQD
ORTXHVHHVWiGLFLHQGR3DUDOOHJDUDHQWHQGHUDDOJXLHQVHSUHFLVDDVLPLVPRFLHUWDHPSDWtDHVGHFLUVDEHUSRQHUVH
HQHOOXJDUGHODRWUDSHUVRQD

(OHPHQWRVTXHIDFLOLWDQODHVFXFKDDFWLYD

'LVSRVLFLyQSVLFROyJLFDSUHSDUDUVHLQWHULRUPHQWHSDUDHVFXFKDU2EVHUYDUDORWURLGHQWLILFDUHOFRQWHQLGRGHOR
TXHGLFHORVREMHWLYRV\ORVVHQWLPLHQWRV
([SUHVDUDORWURTXHOHHVFXFKDVFRQFRPXQLFDFLyQYHUEDO \DYHRXPPXKHWF \QRYHUEDO FRQWDFWRYLVXDO
JHVWRVLQFOLQDFLyQGHOFXHUSRHWF 

(OHPHQWRVDHYLWDUHQODHVFXFKDDFWLYD

1RGLVWUDHUQRVSRUTXHGLVWUDHUVHHVIiFLOHQGHWHUPLQDGRVPRPHQWRV/DFXUYDGHODDWHQFLyQVHLQLFLDHQXQ
SXQWRPX\DOWRGLVPLQX\HDPHGLGDTXHHOPHQVDMHFRQWLQXD\YXHOYHDDVFHQGHUKDFLDHOILQDOGHOPHQVDMH+D\
TXHWUDWDUGHFRPEDWLUHVWDWHQGHQFLDKDFLHQGRXQHVIXHU]RHVSHFLDOKDFLDODPLWDGGHOPHQVDMHFRQREMHWRGHTXH
QXHVWUDDWHQFLyQQRGHFDLJD
1RLQWHUUXPSLUDOTXHKDEOD
1RMX]JDU
1RRIUHFHUD\XGDRVROXFLRQHVSUHPDWXUDV
1RUHFKD]DUORTXHHORWURHVWpVLQWLHQGRSRUHMHPSORQRWHSUHRFXSHVHVRQRHVQDGD
1RFRQWDUWXKLVWRULDFXDQGRHORWURQHFHVLWDKDEODUWH
1RFRQWUDDUJXPHQWDU3RUHMHPSORHORWURGLFHPHVLHQWRPDO\W~UHVSRQGHV\\RWDPELpQ

KWWSZZZSVLFRORJLDRQOLQHFRPPRQRJUDILDVFRPXQLFDFLRQBHILFD]VKWPO 


(YLWDUHOVtQGURPHGHOH[SHUWR\DWLHQHVODVUHVSXHVWDVDOSUREOHPDGHODRWUDSHUVRQDDQWHVLQFOXVRGHTXHWH
KD\DFRQWDGRODPLWDG

+DELOLGDGHVSDUDODHVFXFKDDFWLYD

0RVWUDUHPSDWtD(VFXFKDUDFWLYDPHQWHODVHPRFLRQHVGHORVGHPiVHVWUDWDUGHPHWHUQRVHQVXSHOOHMR\HQWHQGHU
VXVPRWLYRV(VHVFXFKDUVXVVHQWLPLHQWRV\KDFHUOHVDEHUTXHQRVKDFHPRVFDUJRLQWHQWDUHQWHQGHUORTXHVLHQWH
HVDSHUVRQD1RVHWUDWDGHPRVWUDUDOHJUtDVLVLTXLHUDGHVHUVLPSiWLFRV6LPSOHPHQWHTXHVRPRVFDSDFHVGH
SRQHUQRVHQVXOXJDU6LQHPEDUJRQRVLJQLILFDDFHSWDUQLHVWDUGHDFXHUGRFRQODSRVLFLyQGHORWUR3DUDGHPRVWUDU
HVDDFWLWXGXVDUHPRVIUDVHVFRPRHQWLHQGRORTXHVLHQWHVQRWRTXH

3DUDIUDVHDU(VWHFRQFHSWRVLJQLILFDYHULILFDURGHFLUFRQODVSURSLDVSDODEUDVORTXHSDUHFHTXHHOHPLVRUDFDEDGH
GHFLU(VPX\LPSRUWDQWHHQHOSURFHVRGHHVFXFKD\DTXHD\XGDDFRPSUHQGHUORTXHHORWURHVWiGLFLHQGR\SHUPLWH
YHULILFDUVLUHDOPHQWHVHHVWiHQWHQGLHQGR\QRPDOLQWHUSUHWDQGRORTXHVHGLFH8QHMHPSORGHSDUDIUDVHDUSXHGHVHU
(QWRQFHVVHJ~QYHRORTXHSDVDEDHUDTXH4XLHUHVGHFLUTXHWHVHQWLVWH"

(PLWLUSDODEUDVGHUHIXHU]RRFXPSOLGRV3XHGHQGHILQLUVHFRPRYHUEDOL]DFLRQHVTXHVXSRQHQXQKDODJRSDUDOD
RWUDSHUVRQDRUHIXHU]DQVXGLVFXUVRDOWUDQVPLWLUTXHXQRDSUXHEDHVWiGHDFXHUGRRFRPSUHQGHORTXHVHDFDEDGH
GHFLU$OJXQRVHMHPSORVVHUtDQ(VWRHVPX\GLYHUWLGR0HHQFDQWDKDEODUFRQWLJRR'HEHVVHUPX\EXHQRMXJDQGR
DOWHQLV2WURWLSRGHIUDVHVPHQRVGLUHFWDVVLUYHQWDPELpQSDUDWUDQVPLWLUHOLQWHUpVSRUODFRQYHUVDFLyQ%LHQXPP
R(VWXSHQGR

5HVXPLU0HGLDQWHHVWDKDELOLGDGLQIRUPDPRVDODRWUDSHUVRQDGHQXHVWURJUDGRGHFRPSUHQVLyQRGHODQHFHVLGDG
GHPD\RUDFODUDFLyQ([SUHVLRQHVGHUHVXPHQVHUtDQ

6LQRWHKHHQWHQGLGRPDO
2VHDTXHORTXHPHHVWiVGLFLHQGRHV
$YHUVLWHKHHQWHQGLGRELHQ

([SUHVLRQHVGHDFODUDFLyQVHUtDQ

(VFRUUHFWR"
(VWR\HQORFLHUWR"

$OJXQRVDVSHFWRVTXHPHMRUDQODFRPXQLFDFLyQ

$OFULWLFDUDRWUDSHUVRQDKDEODUGHORTXHKDFHQRGHORTXHHV/DVHWLTXHWDVQRD\XGDQDTXHODSHUVRQD
FDPELHVLQRTXHUHIXHU]DQVXVGHIHQVDV+DEODUGHORTXHHVXQDSHUVRQDVHUtDWHKDVYXHOWRDROYLGDUGHVDFDU
ODEDVXUD(UHVXQGHVDVWUHPLHQWUDVTXHKDEODUGHORTXHKDFHVHUtDWHKDVYXHOWRDROYLGDUGHVDFDUODEDVXUD
OWLPDPHQWHWHROYLGDVPXFKRGHODVFRVDV
'LVFXWLUORVWHPDVGHXQRHQXQRQRDSURYHFKDUTXHVHHVWiGLVFXWLHQGRSRUHMHPSORVREUHODLPSXQWXDOLGDG
GHODSDUHMDSDUDUHSURFKDUOHGHSDVRTXHHVXQGHVSLVWDGRXQROYLGDGL]R\TXHQRHVFDULxRVR
1RLUDFXPXODQGRHPRFLRQHVQHJDWLYDVVLQFRPXQLFDUODV\DTXHSURGXFLUtDQXQHVWDOOLGRTXHFRQGXFLUtDDXQD
KRVWLOLGDGGHVWUXFWLYD
1RKDEODUGHOSDVDGR5HPHPRUDUDQWLJXDVYHQWDMDVRVDFDUDUHOXFLUORVWUDSRVVXFLRVGHOSDVDGRQRVyORQR
DSRUWDQDGDSURYHFKRVRVLQRTXHGHVSLHUWDPDORVVHQWLPLHQWRV(OSDVDGRVyORGHEHVDFDUVHDFRODFLyQ
FRQVWUXFWLYDPHQWHSDUDXWLOL]DUORGHPRGHORFXDQGRKDVLGREXHQRHLQWHQWDPRVYROYHUDSRQHUHQPDUFKD
FRQGXFWDVSRVLWLYDVTXL]iDOJRROYLGDGDV3HURHVHYLGHQWHTXHHOSDVDGRQRSXHGHFDPELDUVHSRUWDQWRKD\TXH
GLULJLUODVHQHUJtDVDOSUHVHQWH\DOIXWXUR
6HUHVSHFtILFR6HUHVSHFtILFRFRQFUHWRSUHFLVRHVXQDGHODVQRUPDVSULQFLSDOHVGHODFRPXQLFDFLyQ7UDVXQD
FRPXQLFDFLyQHVSHFtILFDKD\FDPELRVHVXQDIRUPDFRQFUHWDGHDYDQ]DU&XDQGRVHHVLQHVSHFtILFRUDUDYH]VH
PRYLOL]DQDGD6LSRUHMHPSORQRVVHQWLPRVVRORVDV\GHVHDPRVPiVWLHPSRSDUDHVWDUFRQQXHVWUDSDUHMDQROH
GLJD~QLFDPHQWHDOJRDVt1RPHKDFHVFDVR0HVLHQWRVRORD6LHPSUHHVWiVRFXSDGRD$XQTXHWDO
IRUPXODFLyQH[SUHVHXQVHQWLPLHQWRVLQRKDFHPRVXQDSURSXHVWDHVSHFtILFDSUREDEOHPHQWHODVFRVDVQR

KWWSZZZSVLFRORJLDRQOLQHFRPPRQRJUDILDVFRPXQLFDFLRQBHILFD]VKWPO 


FDPELDUiQ6HUtDDSURSLDGRDxDGLUDOJRPiV3RUHMHPSOR4XpWHSDUHFHVLDPERVQRVFRPSURPHWHPRVDGHMDU
WRGRORTXHWHQHPRVHQWUHPDQRVDODVGHODQRFKH\DVtSRGUHPRVFHQDUMXQWRV\FKDUODU"
(YLWDUODVJHQHUDOL]DFLRQHV/RVWpUPLQRVVLHPSUH\QXQFDUDUDVYHFHVVRQFLHUWRV\WLHQGHQDIRUPDUHWLTXHWDV
(VGLIHUHQWHGHFLU~OWLPDPHQWHWHYHRDOJRDXVHQWHTXHVLHPSUHHVWiVHQODVQXEHV3DUDVHUMXVWRV\KRQHVWRV
SDUDOOHJDUDDFXHUGRVSDUDSURGXFLUFDPELRVUHVXOWDQPiVHIHFWLYDVH[SUHVLRQHVGHOWLSR/DPD\RUtDGHYHFHV
(QRFDVLRQHV$OJXQDVYHFHV)UHFXHQWHPHQWH6RQIRUPDVGHH[SUHVLyQTXHSHUPLWHQDORWURVHQWLUVH
FRUUHFWDPHQWHYDORUDGR
6HUEUHYH5HSHWLUYDULDVYHFHVORPLVPRFRQGLVWLQWDVSDODEUDVRDODUJDUH[FHVLYDPHQWHHOSODQWHDPLHQWRQRHV
DJUDGDEOHSDUDTXLpQHVFXFKD3URGXFHODVHQVDFLyQGHVHUWUDWDGRFRPRDOJXLHQGHSRFDVOXFHVRFRPRXQQLxR
(QWRGRFDVRFRUUHHOSHOLJURGHTXHOHUHK~\DQSRUSHVDGRFXDQGRHPSLHFHDKDEODU+D\TXHUHFRUGDUTXH/R
EXHQRVLEUHYHGRVYHFHVEXHQR
&XLGDUODFRPXQLFDFLyQQRYHUEDO3DUDHOORWHQGUHPRVHQFXHQWDORVLJXLHQWH

/DFRPXQLFDFLyQQRYHUEDOGHEHGHLUDFRUGHFRQODYHUEDO'HFLU\DVDEHVTXHWHTXLHURFRQFDUDGH
IDVWLGLRGHMDUiDODRWUDSHUVRQDSHRUTXHVLQRVHKXELHUDGLFKRQDGD
&RQWDFWRYLVXDO(VHOSRUFHQWDMHGHWLHPSRTXHVHHVWiPLUDQGRDORVRMRVGHODRWUDSHUVRQD(OFRQWDFWR
YLVXDOGHEHVHUIUHFXHQWHSHURQRH[DJHUDGR
$IHFWR(VHOWRQRHPRFLRQDODGHFXDGRSDUDODVLWXDFLyQHQODTXHVHHVWiLQWHUDFWXDQGR6HEDVDHQ
tQGLFHVFRPRHOWRQRGHYR]ODH[SUHVLyQIDFLDO\HOYROXPHQGHYR] QLPX\DOWRQLPX\EDMR 

(OHJLUHOOXJDU\HOPRPHQWRDGHFXDGRV(QRFDVLRQHVXQEXHQHVWLORFRPXQLFDWLYRXQPRGHORFRKHUHQWHRXQ
FRQWHQLGRDGHFXDGRSXHGHQLUVHDOWUDVWHVLQRKHPRVHOHJLGRHOPRPHQWRDGHFXDGRSDUDWUDQVPLWLUORRHQWDEODU
XQDUHODFLyQ(VLPSRUWDQWHFXLGDUDOJXQRVDVSHFWRVTXHVHUHILHUHQDOPRPHQWRHQHOTXHVHTXLHUHHVWDEOHFHUOD
FRPXQLFDFLyQ

(ODPELHQWHHOOXJDUHOUXLGRTXHH[LVWDHOQLYHOGHLQWLPLGDG
6LYDPRVDFULWLFDURSHGLUH[SOLFDFLRQHVGHEHPRVHVSHUDUDHVWDUDVRODVFRQQXHVWURLQWHUORFXWRU
6LYDPRVDHORJLDUORVHUiEXHQRTXHHVWpFRQVXJUXSRXRWUDVSHUVRQDVVLJQLILFDWLYDV
6LKDFRPHQ]DGRXQDGLVFXVLyQ\YHPRVTXHVHQRVHVFDSDGHODVPDQRVRTXHQRHVHOPRPHQWR
DSURSLDGRXWLOL]DUHPRVIUDVHVFRPRVLQRWHLPSRUWDSRGHPRVVHJXLUGLVFXWLHQGRHVWRHQPiVWDUGH

%,%,/,2*5$),$
'(/$6+(5$65(1(520'2/25(6<&2/63URJUDPD'LVFRYHU-XQWD&DVWLOOD\/HyQ
(&$%$//29,&(17(0DQXDOGHHYDOXDFLyQ\WUDWDPLHQWRGHODVKDELOLGDGHVVRFLDOHV6,*/2;;,
*2/'67(,1$512/'+DELOLGDGHVVRFLDOHV\DXWRFRQWUROHQODDGROHVFHQFLD6,*/2;;,
/8(1*20$57101*(/(6<&2/6&RQVWUX\HQGROD6DOXG0(&
0$57+$'$9,60$77+(:0&.$<7pFQLFDVGHDXWRFRQWUROHPRFLRQDO0$571(=52&$
9$//e6$5$1',*$$<9$//e6725726$&3URJUDPDGHUHIXHU]RGHODVKDELOLGDGHVVRFLDOHV,,,(26

KWWSZZZSVLFRORJLDRQOLQHFRPPRQRJUDILDVFRPXQLFDFLRQBHILFD]VKWPO 

También podría gustarte