3HQWUX LQIRUPD LL SULYLQG P UFLOH FRPHUFLDOH FRQVXOWD L
>H$-8725@ $VLVWHQ
2
! /LFHQ
1RW LPSRUWDQW
1X DILúHD] QLFLR FRPSRQHQW VWDWLF D
LPDJLQLL SHQWUX R SHULRDG vQGHOXQJDW
ÌQ DFHVWH VLWXD LL FRPSRQHQWD VWDWLF D LPDJLQLL
SHUVLVW vQ IRUP DWHQXDW SH HFUDQXO GH SODVP
ÄUHWHQ LD LPDJLQLL´ $FHDVWD QX HVWH FRQVLGHUDW R
GHIHF LXQH úL QX HVWH DFRSHULW GH JDUDQ LH
&RPSRQHQWH VSHFLILFH DOH LPDJLQLL VWDWLFH
1XP UXO FDQDOXOXL VLJOD FDQDOXOXL úL DOWH VLJOH
,PDJLQL VWDWLFH VDX vQ PLúFDUH
YL]XDOL]DWH FX IRUPDWXO LPDJLQLL
VDX
-RFXUL YLGHR
3HQWUX D HYLWD UHWHQ LD LPDJLQLORU HVWH SRVLELO FD
HFRQRPL]RUXO GH HFUDQ V ILH DFWLYDW VLJOD 9,(5$ VH
GHSODVHD] VDX PHVDMXO GH SH HFUDQ VH GHSODVHD]
GXS FkWHYD PLQXWH GDF QX VH WULPLW PHVDMH VDX QX
VH H[HFXW RSHUD LXQL
5HIHULWRU OD IXQF LLOH '9%WUDQVPLVLH GH
GDWH,379
$FHVW WHOHYL]RU HVWH FRQFHSXW SHQWUX D FRUHVSXQGH
VWDQGDUGHORU vQFHSkQG FX DXJXVW SHQWUX
VHUYLFLL GLJLWDOH WHUHVWUH '9%7 03(* úL 03(*
$9&+ SHQWUX VHUYLFLL GLJLWDOH SULQ FDEOX
'9%& 03(* úL 03(*$9&+ úL VHUYLFLL
GLJLWDOH SULQ VDWHOLW '9%6 03(* úL 03(*
$9&+
&RQVXOWD L GLVWULEXLWRUXO ORFDO SHQWUX GLVSRQLELOLWDWHD
VHUYLFLLORU '9%7 VDX '9%6 vQ ]RQD
GXPQHDYRDVWU
&RQVXOWD L IXUQL]RUXO GH VHUYLFLL SULQ FDEOX SHQWUX
GLVSRQLELOLWDWHD VHUYLFLLORU '9%& SHQWUX DFHVW
WHOHYL]RU
$FHVW WHOHYL]RU QX YD IXQF LRQD FRUHFW FX VHPQDO
FDUH QX vQGHSOLQHúWH VWDQGDUGHOH '9%7 '9%& VDX
'9%6
1X WRDWH IXQF LLOH VXQW GLVSRQLELOH DFHVW OXFUX
GHSLQ]kQG GH DU ]RQ HPL WRU IXUQL]RU GH
VHUYLFLL VDWHOLW úL PHGLXO GH UH HD
1X WRDWH PRGXOHOH &, IXQF LRQHD] FRUHFW FX DFHVW
WHOHYL]RU &RQVXOWD L IXUQL]RUXO GH VHUYLFLL SULYLQG
GLVSRQLELOLWDWHD PRGXOXOXL &,
$FHVW WHOHYL]RU QX YD IXQF LRQD vQWRWGHDXQD FRUHFW
FX XQ PRGXO &, FDUH QX HVWH DSUREDW GH IXUQL]RUXO
GH VHUYLFLL
7D[H VXSOLPHQWDUH SRW IL LPSXVH vQ IXQF LH GH
IXUQL]RUXO GH VHUYLFLL
1X HVWH JDUDQWDW FRPSDWLELOLWDWHD FX VHUYLFLL
YLLWRDUH
&RQVXOWD L XOWLPHOH LQIRUPD LL SULYLQG VHUYLFLLOH
GLVSRQLELOH SH XUP WRUXO VLWH ZHE 'RDU vQ OLPED
HQJOH]
KWWSSDQDVRQLFQHWYLHUDVXSSRUW
3DQDVRQLF QX JDUDQWHD] RSHUDUHD úL SHUIRUPDQ HOH
GLVSR]LWLYHORU SHULIHULFH GH OD DO L SURGXF WRUL úL QH
GHURJ P RULFH UHVSRQVDELOLWDWH SHQWUX GDXQH FDUH
DSDU GLQ RSHUDUHD úLVDX SHUIRUPDQ HOH GH XWLOL]DUH
D XQRU DVWIHO GH GLVSR]LWLYH SHULIHULFH GH OD DO L
SURGXF WRUL