$\XQWDPLHQWRVSDUWLFLSDWLYRV
'HFiORJRGHSURSXHVWDVDSDUWLGRVSROtWLFRV
3DUD VX LQFOXVLyQ HQ SURJUDPDV HOHFWRUDOHV GH SDUWLGRV SROtWLFRV HQ ODV DXWRQyPLFDV \
PXQLFLSDOHV

*RYHUQ2EHUWDSRUWDHVWDVSURSXHVWDVDORVSDUWLGRVSROtWLFRVGHWRGRHODEDQLFRHOHFWRUDOSDUDTXH
HVWXGLHQVXLQFOXVLyQHQORVSURJUDPDVHOHFWRUDOHVGHFDUDDODVHOHFFLRQHVDXWRQyPLFDV\PXQLFLSDOHV
GH 0D\R GH  (VWDV SURSXHVWDV GHEHQ VHU FRQVLGHUDGDV FRPR XQD DSHUWXUD KDFLD OD FLXGDGDQtD
\ SRU OR WDQWR SDUD OD FUHDFLyQ GH FDQDOHV GH LQWHUDFFLyQ HQWUH ODV DGPLQLVWUDFLRQHV PXQFLSDOHV \ HO
FLXGDGDQR (O DFFHVR D OD LQIRUPDFLyQ HV XQ GHUHFKR FRQVWLWXFLRQDO SUHYLVWR HQ HO DUWtFXOR  GH OD
&RQVWLWXFLyQ(VSDxRODGHTXHDIHFKDGHKR\WRGDYtDQRKDVLGRGHVDUUROODGR

'HVGH*RYHUQ2EHUWLQWHQWDPRVSDUWLFLSDUGHIRUPDSRVLWLYDSDUDHOMXVWRGHVDUUROOR\DUWLFXODFLyQGHHVWH
GHUHFKRDSRUWDQGRHQSULPHUDLQVWDQFLDHVWRVSXQWRV\SURSXHVWDVTXHFXDOTXLHUSDUWLGRSROtWLFRGHEHUtD
DVXPLUFRPRSURSLRVVLHQGRHOORVSRUGHILQLFLyQORVTXHDFWXDOPHQWHHMHUFHQODODERUGHUHSUHVHQWDFLyQ
GHODFLXGDGDQtD


 &RQVHJXLU :HEV 0XQLFLSDOHV PiV VRFLDOHV /DV ZHEV GH ORV D\XQWDPLHQWRV VRQ
SDVLYDV\GLUHFFLRQDOHV'HEHDEULUVHDOFLXGDGDQR\SHUPLWLUODLQWHUDFFLyQGHIRUPDUHDO
DSURYHFKDQGRODWHFQRORJtD:HE

 3UHVHQFLD GH ORV D\XQWDPLHQWRV HQ ODV UHGHV VRFLDOHV (O JRELHUQR PXQLFLSDO GHEH
HQWHQGHU TXH ODV UHGHV VRFLDOHV HV OD IRUPD GH FRQWDFWR PiV UiSLGD \ YHUViWLO FRQ HO
FLXGDGDQR

 (VFXFKDDFWLYDHQODVUHGHVVRFLDOHV(OD\XQWDPLHQWRGHEHHVFXFKDUDOFLXGDGDQRGH
XQDIRUPDDFWLYDHQODVUHGHVVRFLDOHV\DFWXDUHQFRQVHFXHQFLD'HEHJDUDQWL]DUTXH
KDEUiXQFRQWDFWRSHUPDQHQWHDWUDYpVGHHVWDVUHGHVFRQODFLXGDGDQtD1REDVWDFRQ
XQDSUHVHQFLDVLQRTXHGHEHKDEHUXQDLQWHUDFFLyQSHUPDQHQWH\FRQVWDQWH

 &UHDFLyQ GH SODWDIRUPDV GH FRODERUDFLyQ \ SDUWLFLSDFLyQ FLXGDGDQDV 'HEHQ
DUELWUDUVH SODWDIRUPDV \ IRURV GH SDUWLFLSDFLyQ FLXGDGDQD D WUDYpV GH SURSXHVWDV
FRQFUHWDV

 )RPHQWDU OD DSHUWXUD GH GDWRV S~EOLFRV 2SHQ 'DWD  /RV GDWRV HQ PDQRV GH ORV
D\XQWDPLHQWRV VRQ 3Ò%/,&26 SRUTXH WRGDV ODV JHVWLRQHV VRQ UHDOL]DGDV SDUWLHQGR
GHGLQHURS~EOLFRHVGHFLUHOTXHDSRUWDHOFLXGDGDQR\SRUORWDQWRHVRVGDWRVGHEHQ
HVWDU D GLVSRVLFLyQ GH IRUPD SHUPDQHQWH \ VLQ WUDEDV DJLOL]DQGR WRGRV \ FDGD XQR
GH ORV SURFHVRV LPSOLFDGRV HQ HVWH REMHWLYR 'HEHQ VHU GDWRV HVWUXFWXUDGRV OHJLEOHV
XWLOL]DEOHV

 3URPRYHU OD FUHDFLyQ GH DSOLFDFLRQHV FRQ GDWRV S~EOLFRV SRU WHUFHURV &RQ ORV
GDWRV TXH VH KDJDQ S~EOLFRV GHEH SURPRYHUVH TXH WHUFHURV KDJDQ XQD H[SORWDFLyQ
SDUDHVWDEOHFHUXQFRQRFLPLHQWRGHORVPLVPRVKDFLDODFLXGDGDQtDDWUDYpVGHFULWHULRV
FRQFUHWRV \ GH IRUPD DFWLYD (VWR VXSRQH OD FUHDFLyQ GH FRUULHQWHV GH FRQRFLPLHQWR
SDUDODFLXGDGDQtD\XQDFUHDFLyQGHHPSOHRSDUDHOPXQLFLSLRHQVtPLVPR

 +DFHU PiV WUDQVSDUHQWH OD JHVWLyQ PXQLFLSDO /DV GHFLVLRQHV GHO $\XQWDPLHQWR
GHEHQ SXEOLFLWDUVH VLHPSUH D WUDYpV GH ODV UHGHV VRFLDOHV KDFLHQGR TXH HO FLXGDGDQR
JDQHFRQILDQ]DHQODJHVWLyQGHVXVUHSUHVHQWDQWHV

 8WLOL]DUKHUUDPLHQWDVGHWUDEDMRFRODERUDWLYRLQWHUQR6HGHEHSHUPLWLUDOFLXGDGDQR
SRGHUSDUWLFLSDU\FRODERUDUHQODVGHFLVLRQHVGHOPXQLFLSLRPiVDOOiGHOVXIUDJLRFDGD
DxRV

 )RPHQWDU OD SDUWLFLSDFLyQ LQWHUQD HQ HO D\XQWDPLHQWR 'HEHQ DSURYHFKDUVH ODV
FDSDFLGDGHV \ FULWHULRV GH OD FLXGDGDQtD SDUD SHUPLWLU VX LQWHUYHQFLyQ LQWHUQD HQ HO
$\XQWDPLHQWR HQ DTXHOORV HVSDFLRV GH SDUWLFLSDFLyQ TXH HQWUH WRGDV ODV SDUWHV VH
GHWHUPLQH

 *HVWLyQGHOFDPELRSDUDODFRQVHFXFLyQGHXQ*RELHUQR$ELHUWR7RGRHOORGHULYDUi
HQ XQ JRELHUQR FRQMXQWR \ DELHUWR KDFLHQGR TXH HO FLXGDGDQR UHFXSHUH OD FRQILDQ]D
\HYLWDUiODWHQWDFLyQGHODFRUUXSFLyQDOHVWDUWRGRVORVGDWRVS~EOLFRVVRPHWLGRVDOD
VXSHUYLVLyQ\FRQRFLPLHQWRGHORVFLXGDGDQRV