(6
(ODOFDQFHGHWUDQVPLVLyQSXHGHYDULDUGHELGRDPXFKRV
IDFWRUHV(V ODSRVLEOH TXHWHQJD TXHSUREDU YDULDV
XELFDFLRQHVSDUDREWHQHUORVPHMRUHVUHVXOWDGRV
127$ 5HFRPHQGDPRVXWLOL]DUSLODVDOFDOLQDVFRQHVWH
SURGXFWRSDUDTXH IXQFLRQHGXUDQWHPiVWLHPSR\ HO
XVRGHSLODVGHOLWLRHQWHPSHUDWXUDVEDMRFHUR
75$160,6,Ï1'('$726'(/6(1625
6HQVRUH[WHULRU
/DXQLGDGSULQFLSDOEXVFDUiDXWRPiWLFDPHQWHDOVHQVRU
H[WHULRU(O LFRQRGH UHFHSFLyQGHO ÈUHDGHO VHQVRU
UHPRWRPXHVWUDHOHVWDGR
,&212 '(6&5,3&,Ï1'(
/DXQLGDG SULQFLSDO HVWi
EXVFDQGRVHQVRUHV
6HKDHQFRQWUDGRXQFDQDO
1RVHHQFXHQWUDHOVHQVRU
127$ 6LQR KD HQFRQWUDGR HO VHQVRU FRPSUXHEH
ODVSLODVREVWUXFFLRQHV \ODORFDOL]DFLyQGH ODXQLGDG
UHPRWD
&yPRFRQVHJXLUORVPHMRUHVUHVXOWDGRV
 &RORTXHHOVHQVRUHQXQOXJDUHQTXHQRHVWp
 H[SXHVWRDODOX]GLUHFWDQLDODKXPHGDG
 &RORTXHHOVHQVRUGHFDUDDODXQLGDGSULQFLSDO
 HYLWDQGRORVREVWiFXORV
 &RORTXHHOVHQ VRUHQXQOXJDUDOGHVFXELHU WRGHEDMR
 GHOFLHORDOHMDGRGHREMHWRVPHWiOLFRVRHOHFWUyQLFRV
 &RORTXHHOVHQVRUFH UFDGHODXQLGDGSULQFLSDO
 GXUDQWHORVPHVHVGHLQYLHUQR
5(/2-

5(&(3&,Ï1'(/$6(f$/5$',2&21752/$'$

(VWHSURGXFWR KDVLGR GLVHxDGRSDUD VLQFURQL]DU
DXWRPiWLFDPHQWHVXUHORMFRQXQDVHxDOUDGLRFRQWURODGD
'HVOLFHHOLQWHUUXSWRU (88
.
SDUDHOHJLUODVHxDO
 8(VHxDO'&)DPPLOODVGH
 )UDQNIXUW$OHPDQLD
 5HLQR8QLGRVHxDO06)DPPLOODV
 GH$QWKRUQ,QJODWHUUD
3DUDDFWLYDUODUHFHSFLyQ GHODVHxDOUDGLRFRQWURODGD
3XOVH781(R781( \PDQWpQJDORSXOVDGR
SDUDGHVDFWLYDUODUHFHSFLyQGHODVHxDO
127$ /DUHFHSFLyQWDUGDHQWUH\ PLQXWRV6LOD