Sie sind auf Seite 1von 2

3(5621$-(

)272-$9,(5=$3$7$
$ORVWUHV
DxRVFRQ
VXSDGUH
SROLFtDGH
FDEDOOHUtD

1HLUDGLVWLQJXLGRFRPR&DEDOOHURGHOD2UGHQGHODV$UWHV\ODV/HWUDVSRUHO0LQLVWHULRGH&XOWXUDGH)UDQFLD$EDMRUHFLELHQGRODFRQGHFRUDFLyQGHPDQRVGHODHPEDMDGRUDGH)UDQFLD&pFLOH3R]]R'L%RUJR

(VFULEH+8*21(,5$ ([GLUHFWRUGHOD%LEOLRWHFD1DFLRQDO\
IODPDQWHFRQGHFRUDFLyQGHOJRELHUQRIUDQFpV
(
67$ VHPDQD  WUHV SHUXDQRV
ÉOYDUR5RFD5H\(OYLUD3DUH
GHV GLUHFWRUD  GH OD 7DUXP
ED \ \R UHFLELPRV JUDWD QRWLFLD
'HVGH 3DUtV HO PLQLVWUR GH &XOWXUD
\ &RPXQLFDFLRQHV )UHGHULF 0LWWH
UUDQG  QRV LPSRQtD OD GLVWLQFLyQ GH
&DEDOOHUR &KHYDOLHU GDQV O· RUGUH
GHV$UWVHW/HWWUHV )XHXQDVRUSUH
(O&DEDOOHUR

)272-$9,(5=$3$7$
+8*21(,5$
VD ORV IUDQFHVHV OOHYDQ HVWRV ULWXD
OHVKDVWDH[WUHPRVLQLPDJLQDEOHVGH
GLVFUHFLyQ $KRUD ELHQ XQ KRQRU GH
HVD  QDWXUDOH]D D OD YH] DOHJUD \

&$5(7$6$*2672 &$5(7$6$*2672

+8*21(<5$BLQGG 

UHPXHYH¢4XpUHVSRQGHUGXUDQWHOD KLVWRULDGRU FRQODHOHJDQFLD GHOHVFUL
FHUHPRQLD"6LQGXGDGDUODVJUDFLDV WRU  6X SURVD DODGD \ MRYLDO (Q ILQ
TXHHVORSULPHURTXHKLFHDODVSHU PHQFLRQpHOSDVDMHSRU/LPDGHOSURIH
VRQDV H LQVWLWXFLRQHV IUDQFHVDV \ DO VRU)UDQoRLV&KHYDOLHUORFXDOWDPELpQ
SXxDGRGHDPLJRVSHUXDQRVTXHWDP VHxDODUDOD(PEDMDGRUD\IXHDVtFRPR
ELpQ QRV DFRPSDxDEDQ 3HUR TXHGD OOHJXpD3DUtVLQYLWDGRDWUDEDMDUHQHO
EDVLHPSUHXQDFXHVWLyQVXE\DFHQWH LQVWLWXWRGH6FLHQFHV3ROLWLTXHV/RGLMH
/D SURSLD (PEDMDGRUD &pFLOH 3R]]R \ORUHSLWRWXYHPXFKDVXHUWH
GL%RUJRHQHOUHVXPHQGHYLGDTXH 6H KD GLFKR HV FLHUWR PXFKRV
DFRPSDxD HO ULWXDO GH OD LPSRVLFLyQ SHUXDQRV GHVFXEULPRV OR TXH VRPRV
GHODRUGHQQRGHMyGHPHQFLRQDUHQ HQ HO H[WUDQMHUR \ QRV DEULPRV D OR
PLFDVR´TXHORVFDPLQRVTXHOOHYDQ XQLYHUVDO /D YH] SULPHUD TXH HQ HO
VLHPSUHD5RPDOOHYDEDQVLHPSUHD /RXYUH YL XQ PXUR HJLSFLR OR DGPL
)UDQFLDµ<HVWDUHYLVWDPHODYXHOYH UpSHURQRPHLPSLGLyYDORUDU2OODQ
DIRUPXODU¢3RUTXp)UDQFLD" WD\WDPER(Q3DUtVHOSDVPRGHRWUDV
5HFRUGp HQ OD QRFKH GH OD HPEDMD FXOWXUDV PH IXH DFFHVLEOH GHVGH VXV
GD XQD IUDVH GH -RUJH /XLV %RUJHV (O FHQWURV GH HVWXGLRV \ OLEUHUtDV HO
GHVWLQR HV HO QRPEUH TXH ORV KRPEUHV -DSyQ OD ,QGLD HO DQWLJXR 0p[LFR
GDPRVDOD]DU$OJRWXYRTXHYHUHQWRQ 3DUtVPHKL]RORTXHVR\HWHUQRHVWX
FHVTXHQDFLHUDHQODPDGUXJDGDGHXQ GLDQWH 3XGR RFXUULU HVD DYHQWXUD
GHMXQLR\HQ$EDQFD\(QODVKRUDV H[LVWHQFLDO H LQWHOHFWXDO HQ /RQGUHV
TXHVLJXLHURQHOFODQIDPLOLDUGHEDWLyPL (Q7DKLWt)RWRFRUWHVtDGHODXWRU
SRVLEOH QRPEUH GH SLOD (O GH -XDQ HUD
REYLR KDEtD QDFLGR HQ HO GtD GHO HYDQ
JHOLVWD 3HUR XQR GH PLV WtRV DEXHORV OR
HQFRQWUyFRPRGHVDFULVWtD\SDUDHYLWDU
DOJ~Q GHVWLQR HFOHVLiVWLFR SURSXVR HO GH
+XJR9tFWRU+XJRIXHODHQFDUQDFLyQGH
ODOLEHUWDGGHHVStULWXSDUDORVOLEUHSHQ
VDGRUHVGHVGHHO;,;1RIDOWyRWURGHPLV
WtRV DEXHORV TXH HQFRQWUy H[FHVLYD HVD
SRODULGDGFOHULFDO\DQWLFOHULFDO\SURSX
VRHOPiVHFXiQLPHGH)DXVWRVLJQRGH
YLGDORQJHYD\IHFXQGD+DVWDGRQGHPH
DFXHUGHORGHOHVFULWRU+XJRGHVHQFDGH

/DGLVWLQFLyQOHIXHRWRU
JDGDHOSDVDGRGH
DJRVWRSRUVXFRQWULEX
FLyQDODSURPRFLyQGH
ODFXOWXUDIUDQFHVD &RQXQDYDVWDELEOLRJUDItDHQVXKDEHU1HLUDDFDEDGHSXEOLFDU/DV,QGHSHQGHQFLDV'RFH(QVD\RV

QyPLSHUQLFLRVRKiELWRGHOHFWRU 8Q VXHxR DQWLEHOLFLVWD GHO YLVLRQDULR 1XHYD<RUNVLQGXGD3DUtVQRHVPiV


(O D]DU YROYLy D LQWHUYHQLU PiV )ODPPDULRQ VX YHUVLyQ GHO 3DUtV GHO ´ODFDSLWDOGHOPXQGRµGH:DOWHU%HQ
WDUGHHQFDVDGHPLVDEXHODVHVWDYH] VLJOR;;9LPDJLQDGDXUEHGHPXFKH MDPtQ (O PXQGR DFWXDO WLHQH YDULDV
GHO ODGR SDWHUQR ODV 'DPLDQL (Q OD GXPEUHV HVWXGLRVDV YROFDGDV HQ ODV FDSLWDOHV 3HUR HQ PL FDVR OD FDSLWDO
PRGHVWDFDVDGH/LQFHKDEtDGRVOLEURV FDOOHVHQIRFDQGRVXVFDWDOHMRVKDFLDOD GH )UDQFLD IXH XQ 9DWLFDQR DO UHYpV
JUXHVRV OD %LEOLD \ HO 'LFFLRQDULR \ EROD GH IXHJR GHO DPHQD]DQWH FRPHWD VHGHGHODUHOLJLyQODLFDGHODSHUPD
SRU FDVXDOLGDG RWUR PiV ´(O ILQ GHO (OQLxRTXH\RHUDYLRHVDVLPiJHQHV\ QHQWH GXGD ¢1R HV FLHUWR DFDVR TXH
PXQGRµ GHO DVWUyQRPR IUDQFpV &DPL GHFLGLy TXH WHQtD TXH FRQRFHU HVD FLX DKtWRGDLGHDVHHQWLHQGH\DODYH]VH
OOH )ODPPDULRQ (UD XQD DQWLFLSDFLyQ GDG(OWHUFHUD]DUIXHODSDWHUQDOSUH GLVFXWH" &LXGDG LQTXLHWD \ DELHUWD D
FLHQWtILFDPX\ILQHVGHOVLJOR;,;GHV VHQFLDGHOPDHVWUR3RUUDV¢4XpYLQFX ODYDULHGDGGHOPXQGR3HURWDPELpQ
FULEtD HO IXWXUR HO UHWRUQR GHO FRPHWD ODED D 3RUUDV FRQ OD FXOWXUD IUDQFHVD HVFULER HVWDV OtQHDV SDUD TXH DOJ~Q
+DOOH\$TXHOOLEURWUDtDEHOODVLOXVWUD FRQ FRQVHFXHQFLDV HQ VXV LQFRQWDEOHV SDGUH GH IDPLOLD UHWHQJD TXH GHVFX
FLRQHV \ HQ HOODV HO QLxR TXH OR KRMHD DOXPQRV\GLVFtSXORV"$QWHXQHQFDQWD EUtODDOHJUtDGHOVDEHUPX\SHTXHxR
EDDORVyDxRVGHVFXEUHXQDFLX GRUS~EOLFRHVDQRFKHUHFRUGpTXHGRQ HQXQOLEURSDUDDGXOWRV1ROLPLWHQD
GDGGHPXOWLWXGHVGHSXHQWHV\DYHQL 5D~O KDEtD VLGR HGXFDGR HQ OD 5HFROH ORVQLxRVDWH[WRVSDUDQLxRVVLTXLH
GDVDGRUQDGDVFRQHVWDWXDVQRGHJHQH WDSRUFXUDVIUDQFHVHV<TXHVLHUDIRU UHQTXHVHDQVHUHVKXPDQRVFXULRVRV
UDOHVVLQRGHVDELRVDUWLVWDV\ILOyVRIRV ]RVRUHVXPLUOR3RUUDVHUDHOULJRU GHO SDUDVLHPSUH   Q

&$5(7$6$*2672

+8*21(<5$BLQGG 

Das könnte Ihnen auch gefallen