Download as pdf or txt
Download as pdf or txt
You are on page 1of 1



&RQXUEDomR5HJL}HVPHWURSROLWDQDVHFRQXUEDomR0XQGR(GXFDomR

&RQXUEDomR
2SURFHVVRGHFRQXUEDomRpXPGRVSULQFLSDLVIDWRUHVGHWHUPLQDQWHVSDUDDIRUPDomRGDV5HJL}HV
0HWURSROLWDQDV
3XEOLFDGRSRU5RGROIR)$OYHV3HQDHP*HRJUDILDKXPDQD

FRPHQWiULR

7ZHHW


9LVWDDpUHDGDFLGDGHGH6mR3DXORXPDGDVPDLRUHViUHDVFRQXUEDGDVGRPXQGR

(QWHQGHVH SRU FRQXUEDomR TXDQGR GXDV RX PDLV


FLGDGHV VH HQFRQWUDP H IRUPDP XP PHVPR HVSDoR
JHRJUiILFR ,VVR RFRUUH TXDQGR R FUHVFLPHQWR GHVVDV
FLGDGHVpHOHYDGRHDVVXDVUHVSHFWLYDVPDOKDVXUEDQDV
LQWHJUDPVHWRUQDQGRVHXP~QLFRPHLRXUEDQR
$R FRPSUHHQGHU R TXH p H FRPR VH HVWUXWXUD D
FRQXUEDomR SRGHPRV QRWDU D GLIHUHQoD HQWUH FLGDGH H
HVSDoR XUEDQR 1R FDVR GH PXQLFtSLRV FRQXUEDGRV
REVHUYDPRV XP H[HPSOR HP TXH YiULDV FLGDGHV
GLIHUHQWHV IRUPDP XP PHVPR HVSDoR XUEDQR LQWHJUDGR
HFRQ{PLFD VRFLDO H HVWUXWXUDOPHQWH FRP XP LQWHQVR
IOX[R GH FDSLWDLV PHUFDGRULDV H SULQFLSDOPHQWH GH
SHVVRDV
$ FRQXUEDomR QmR p R ~QLFR PDV FRP FHUWH]D R
SULQFLSDO
HOHPHQWR
FRQVWLWXWLYR
GDV
5HJL}HV
0HWURSROLWDQDV,VVRSRUTXHHVVHIHQ{PHQRFRVWXPDRFRUUHUDSDUWLUGHJUDQGHVFLGDGHVHVXDMXQomRFRP
DV FKDPDGDV iUHDV GH HQWRUQR RX FLGDGHVVDWpOLWHV $VVLP IRUPDVH XPD UHJLmR PHWURSROLWDQD TXH
REYLDPHQWHHVWUXWXUDVHDSDUWLUGDPHWUySROHTXHVHH[SDQGHHPGLUHomRjVFLGDGHVYL]LQKDV
(VVDVFLGDGHVHPPXLWRVFDVRVVmRDSHOLGDGDVGHFLGDGHVGRUPLWyULRVXPDYH]TXHDPDLRUSDUWHGH
VHXV PRUDGRUHV WUDEDOKD HVWXGD RX H[HUFH D PDLRULD GH VXDV DWLYLGDGHV LQFOXLQGR OD]HU FRQVXOWDV
PpGLFDV H QHJyFLRV  QDV PHWUySROHV 5HJLVWUDVH HQWmR XPD JUDQGH DWXDomR GDV FKDPDGDVPLJUDo}HV
SHQGXODUHV QHVVHV HVSDoRV $SHVDU GLVVR DOJXPDV GHVVDV FLGDGHVVDWpOLWHV FRQVHJXHP XPD UHODWLYD
DXWRQRPLDTXHVHFRQILJXUDQDPHGLGDHPTXHFRQVHJXHPGLQDPL]DUVXDVHFRQRPLDVFRPDLQVWDODomR
GHLQG~VWULDVDPSOLDomRGRFRPpUFLRVHUYLoRVHJHUDomRGHHPSUHJRV
1R%UDVLORSURFHVVRGHFRQXUEDomRGDVFLGDGHVpFRQVLGHUDGRUHFHQWHXPDYH]TXHHVWDPRVIDODQGRGH
XP SDtV FRP LQGXVWULDOL]DomR H XUEDQL]DomR WDUGLDV $VVLP DV SULPHLUDV FLGDGHV FRQXUEDGDV 5LR GH
-DQHLUR H 6mR 3DXOR  VXUJLUDP QD GpFDGD GH  H  $OJXQV H[HPSORV GH FLGDGHV EUDVLOHLUDV TXH
SDVVDUDP SHOR SURFHVVR GH FRQXUEDomR VmR %HOR +RUL]RQWH *RLkQLD &XULWLED QD YHUGDGH SUDWLFDPHQWH
WRGDVDVFDSLWDLVGRSDtVVmRFRQXUEDGDVFRPRXWUDVFLGDGHV DOpPGH/RQGULQD 35 &DPSLQDV 63 H
PXLWDVRXWUDV

KWWSPXQGRHGXFDFDREROXROFRPEUJHRJUDILDFRQXUEDFDRKWP



You might also like