scieee AI-readable full text Open interactive document viewer

Resgate do patrimônio geomineiro no Brasil: O Caminho dos Diamantes – Estrada Real (Minas Gerais, Brasil)

Martínez, José Eduardo A.; Brilha, J. B.; Brandão, José Manuel

Abstract

Apesar da ausência de um enquadramento legal específico para questões referentes à conservação de valores relacionados à geodiversidade do Brasil, inúmeros levantamentos de geossítios vêm sendo executados no âmbito da academia e do serviço geológico do país, assim como têm surgido proposições de geoconservação e projetos de geoparques. Contudo, o tema patrimônio mineiro ainda é tratado de modo incipiente, se considerar a dimensão do setor mineral no Brasil. O projeto em curso pretende estabelecer metodologias para identificação, caracterização e conservação do patrimônio geomineiro brasileiro, tendo como base experimental estudo(s) de caso numa parte do Caminho dos Diamantes integrado na Estrada Real no Estado de Minas Gerais. Este percurso com cerca de 400 km de extensão, entre as cidades de Ouro Preto e Diamantina, abrange uma área que se destacou na produção mundial de ouro e diamante no século XVIII. O trabalho prioriza as intervenções antrópicas na extração mineral, como parte importante no conhecimento da geologia, ocupação territorial e desenvolvimento regional. Com mais de três séculos de mineração, a Estrada Real constitui um exemplar caso para estudo no âmbito do patrimônio geomineiro. Além do rico patrimônio natural e cultural, seu vasto percurso de mais de 1600 km conta com 177 cidades que surgiram da atividade extrativa mineral ou como entrepostos e rotas de escoamento das históricas lavras de ouro e diamantes para as cidades portuárias de Parati e do Rio de Janeiro. Em todo o território objeto deste estudo se encontram vestígios de explorações que ilustram toda uma evolução havida deste as lavras rudimentares até a moderna indústria consolidada durante o século XX. Um dos casos e a mina de Gongo Soco, situadas nas cercanias do município de Barão de Cocais, próximo à cidade de Santa Bárbara, região que pertenceu à Comarca de Mariana, importante pólo de extração de ouro no passado e de ferro mais recentemente. O projeto em desenvolvimento busca elementos estruturantes destes patrimônios remanescentes, tangível e intangível, e o resgate da memória mineira e sua importância no contexto histórico.

Full text

(/3$75,021,2*(2/Ï*,&2<0,1(52 ,'(17,'$'<02725'('(6$552//2 ;9,,&RQJUHVR,QWHUQDFLRQDOVREUH3DWULPRQLR*HROyJLFR\0LQHUR ;;,6HVLyQ&LHQWt¿FDGHOD6RFLHGDG(VSDxROD SDUDOD'HIHQVDGHO3DWULPRQLR*HROyJLFR\0LQHUR 6HULH&8$'(5126'(/086(2*(20,1(52 &RQJUHVR ,QWHUQDFLRQDO VREUH 3DWULPRQLR *HROyJLFR \ 0LQHUR   $OPDGpQ&LXGDG5HDO (OSDWULPRQLRJHROyJLFR\PLQHUR>$UFKLYRGHRUGHQDGRU@LGHQWLGDG\PRWRU GH GHVDUUROOR  ;9,, &RQJUHVR ,QWHUQDFLRQDO VREUH 3DWULPRQLR *HROyJLFR \ 0LQHUR;;,6HVLyQ&LHQWt¿FDGHOD6RFLHGDG(VSDxRODSDUDOD'HIHQVDGHO 3DWULPRQLR*HROyJLFR\0LQHURHGLWRUHV/XLV0DQVLOOD3OD]D\-RVHS00DWD 3HUHOOy±0DGULG,QVWLWXWR*HROyJLFR\0LQHURGH(VSDxD SLOFP&XDGHUQRVGHO0XVHR*HRPLQHUR ,6%1 JHRORJtDGLYXOJDFLyQFRQJUHVR,6RFLHGDG(VSDxRODSDUDOD'HIHQVDGHO 3DWULPRQLR*HROyJLFR\0LQHUR6HVLyQ&LHQWt¿FD$OPDGpQ&LXGDG 5HDO,,,QVWLWXWR*HROyJLFR\0LQHURGH(VSDxDHG,,,0DQVLOOD3OD]D/XLV HG,90DWD3HUHOOy-RVHS0HG96HULH  ,PDJHQGHFXELHUWD9LVWDJHQHUDOGH$OPDGpQFRQORVFDVWLOOHWHVPLQHURVGH6DQ -RDTXtQ\6DQ7HRGRURHQSULPHUWpUPLQR)RWRJUDItD(0*)RWRJUDItD 5HIHUHQFLDDHVWHYROXPHQ 0DQVLOOD 3OD]D / \ 0DWD 3HUHOOy -0 (GV  (O SDWULPRQLR JHROyJLFR \ PLQHUR,GHQWLGDG\PRWRUGHGHVDUUROOR &XDGHUQRVGHO0XVHR*HRPLQHUR ,QVWLWXWR*HROyJLFR\0LQHURGH(VSDxD0DGULG 5HVHUYDGRVWRGRVORVGHUHFKRV1RVHSHUPLWHODUHSURGXFFLyQWRWDORSDUFLDOGHHVWD REUDQLVXLQFRUSRUDFLyQDXQVLVWHPDLQIRUPiWLFRQLVXWUDQVPLVLyQHQFXDOTXLHU IRUPDRSRUFXDOTXLHUPHGLRHOHFWUyQLFRPHFiQLFRIRWRFRSLDJUDEDFLyQHWFVLQ DXWRUL]DFLyQSUHYLD\SRUHVFULWRGHORVWLWXODUHVGHOFRS\ULJKW ,167,7872*(2/Ï*,&2<0,1(52'((63$f$ 5tRV5RVDV±0DGULG ZZZLJPHHV &DWiORJR\YHQWDGHSXEOLFDFLRQHVGHOD$GPLQLVWUDFLyQ*HQHUDOGHO(VWDGRHQKWWSSXEOLFDFLRQHVR¿FLDOHVERHHV ,6%1 1,32 'HSyVLWROHJDO0 0DTXHWDFLyQH,PSUHVLyQ(VWXGLRV*Ui¿FRV(XURSHRV6$  5(6*$7('23$75,0Ð1,2*(20,1(,5212%5$6,/2&$0,1+2'26 ',$0$17(6±(675$'$5($/0,1$6*(5$,6%5$6,/ 5(6&8,1*0,1,1*+(5,7$*(,1%5$=,/&$0,1+2'26',$0$17(6± (675$'$5($/0,1$6*(5$,6%5$=,/ -RVp(GXDUGR$0DUWLQH]  -%%ULOKDH-0%UDQGmR   3URJUDPD&LrQFLDVHP)URQWHLUD'RXWRUDGRSOHQR&13T%UDVLO-RVHHGXDUGRDPDUWLQH]#JPDLOFRP  ,QVWLWXWRGH&LrQFLDVGD7HUUD8QLYHUVLGDGHGR0LQKR%UDJD3RUWXJDOMEULOKD#GFWXPLQKRSW  ,QVWLWXWRGH+LVWyULD&RQWHPSRUkQHD)&6+8QLY1RYDGH/LVERD3RUWXJDOMEUDQGDR#IFVKXQOSW 5HVXPR $SHVDUGDDXVrQFLDGHXPHQTXDGUDPHQWROHJDOHVSHFt¿FRSDUDTXHVW}HVUHIHUHQWHVjFRQVHUYDomR GH YDORUHV UHODFLRQDGRV j JHRGLYHUVLGDGH GR %UDVLO LQ~PHURV OHYDQWDPHQWRV GH JHRVVtWLRV YrP VHQGR H[HFXWDGRVQRkPELWRGDDFDGHPLDHGRVHUYLoRJHROyJLFRGRSDtVDVVLPFRPRWrPVXUJLGRSURSRVLo}HVGH JHRFRQVHUYDomRHSURMHWRVGHJHRSDUTXHV&RQWXGRRWHPDSDWULP{QLRPLQHLURDLQGDpWUDWDGRGHPRGR LQFLSLHQWHVHFRQVLGHUDUDGLPHQVmRGRVHWRUPLQHUDOQR%UDVLO2SURMHWRHPFXUVRSUHWHQGHHVWDEHOHFHU PHWRGRORJLDVSDUDLGHQWL¿FDomRFDUDFWHUL]DomRHFRQVHUYDomRGRSDWULP{QLRJHRPLQHLUREUDVLOHLURWHQGR FRPREDVHH[SHULPHQWDOHVWXGRVGHFDVRQXPDSDUWHGR&DPLQKRGRV'LDPDQWHVLQWHJUDGRQD(VWUDGD5HDO QR(VWDGRGH0LQDV*HUDLV(VWHSHUFXUVRFRPFHUFDGHNPGHH[WHQVmRHQWUHDVFLGDGHVGH2XUR3UHWRH 'LDPDQWLQDDEUDQJHXPDiUHDTXHVHGHVWDFRXQDSURGXomRPXQGLDOGHRXURHGLDPDQWHQRVpFXOR;9,,,2 WUDEDOKRSULRUL]DDVLQWHUYHQo}HVDQWUySLFDVQDH[WUDomRPLQHUDOFRPRSDUWHLPSRUWDQWHQRFRQKHFLPHQWRGD JHRORJLDRFXSDomRWHUULWRULDOHGHVHQYROYLPHQWRUHJLRQDO&RPPDLVGHWUrVVpFXORVGHPLQHUDomRD(VWUDGD 5HDOFRQVWLWXLXPH[HPSODUFDVRSDUDHVWXGRQRkPELWRGRSDWULP{QLRJHRPLQHLUR$OpPGRULFRSDWULP{QLR QDWXUDOHFXOWXUDOVHXYDVWRSHUFXUVRGHPDLVGHNPFRQWDFRPFLGDGHVTXHVXUJLUDPGDDWLYLGDGH H[WUDWLYDPLQHUDORXFRPRHQWUHSRVWRVHURWDVGHHVFRDPHQWRGDVKLVWyULFDVODYUDVGHRXURHGLDPDQWHVSDUD DVFLGDGHVSRUWXiULDVGH3DUDWLHGR5LRGH-DQHLUR (PWRGRRWHUULWyULRREMHWRGHVWHHVWXGRVHHQFRQWUDPYHVWtJLRVGHH[SORUDo}HVTXHLOXVWUDPWRGDXPD HYROXomRKDYLGDGHVWHDVODYUDVUXGLPHQWDUHVDWpDPRGHUQDLQG~VWULDFRQVROLGDGDGXUDQWHRVpFXOR;; 8PGRVFDVRVHDPLQDGH*RQJR6RFRVLWXDGDVQDVFHUFDQLDVGRPXQLFtSLRGH%DUmRGH&RFDLVSUy[LPRj FLGDGHGH6DQWD%iUEDUDUHJLmRTXHSHUWHQFHXj&RPDUFDGH0DULDQDLPSRUWDQWHSyORGHH[WUDomRGHRXUR QRSDVVDGRHGHIHUURPDLVUHFHQWHPHQWH2SURMHWRHPGHVHQYROYLPHQWREXVFDHOHPHQWRVHVWUXWXUDQWHV GHVWHVSDWULP{QLRVUHPDQHVFHQWHVWDQJtYHOHLQWDQJtYHOHRUHVJDWHGDPHPyULDPLQHLUDHVXDLPSRUWkQFLD QRFRQWH[WRKLVWyULFR 3DODYUDVFKDYH %UDVLO([WUDomRPLQHLUD*HRGLYHUVLGDGH3DWULP{QLRJHRPLQHLUR5HFXUVRVPLQHUDLV $EVWUDFW 'HVSLWHWKHDEVHQFHRIDVSHFL¿FOHJDOIUDPHZRUNIRULVVXHVUHODWHGWRWKHFRQVHUYDWLRQRI JHRGLYHUVLW\YDOXHVLQ%UD]LOQXPHURXVLQYHQWRULHVRIJHRVLWHVKDYHEHHQFDUULHGRXWZLWKLQWKHVFRSHRI WKHDFDGHP\DQGWKHQDWLRQDO*HRORJLFDO6XUYH\,QDGGLWLRQSURSRVDOVIRUJHRFRQVHUYDWLRQDQGJHRSDUNV SURMHFWVKDYHEHHQSURSRVHG+RZHYHUWKHWKHPHPLQLQJKHULWDJHLVVWLOOYHU\LQFLSLHQWFRQVLGHULQJWKH /XLV0DQVLOOD3OD]D\-RVHS00DWD3HUHOOy(GV (/3$75,021,2*(2/Ï*,&2<0,1(52,'(17,'$'<02725'('(6$552//2  &XDGHUQRVGHO0XVHR*HRPLQHURQ ,QVWLWXWR*HROyJLFR\0LQHURGH(VSDxD0DGULG,6%1 ,QVWLWXWR*HROyJLFR\0LQHURGH(VSDxD /8,60$16,//$3/$=$<-26(300$7$3(5(//Ï(',725(6  GLPHQVLRQRIWKHPLQHUDOVHFWRULQWKHFRXQWU\7KHSURMHFWDLPVWRHVWDEOLVKDQLGHQWL¿FDWLRQFKDUDFWHUL]DWLRQ DQGFRQVHUYDWLRQPHWKRGRORJ\RIWKH%UD]LOLDQPLQLQJKHULWDJHLQFOXGLQJFDVHVWXGLHVLQSDUWRIWKHURXWH ³&DPLQKRGRV'LDPDQWHV´LQWHJUDWHGLQWKH(VWUDGD5HDO6WDWHRI0LQDV*HUDLV7KLVNPORQJFLUFXLW FRQQHFWVWKHFLWLHVRI2XUR3UHWRDQG'LDPDQWLQDZKLFKLVDQDUHDYHU\ZHOONQRZQIRUWKHSURGXFWLRQ RIJROGDQGGLDPRQGVLQWKH;9,,,FHQWXU\7KLVZRUNSULRULWL]HVWKHDQWKURSLFLQWHUYHQWLRQVLQPLQHUDO H[SORLWDWLRQVDVDQLPSRUWDQW SDUW LQWKHNQRZOHGJHRIJHRORJ\ODQGXVH UHJLRQDO GHYHORSPHQWDQG VHWWOHPHQWRIKLVWRULFWRZQVEDVHGRQWKHVHPLQHV:LWKPRUHWKDQWKUHHFHQWXULHVRIPLQLQJWKH(VWUDGD 5HDOLVDQH[HPSODU\FDVHVWXG\RIPLQLQJKHULWDJH,QDGGLWLRQWRWKHULFKQDWXUDODQGFXOWXUDOKHULWDJHDORQJ PRUHWKDQNPWKHUHDUHFLWLHVWKDWKDYHHPHUJHGIURPWKHKLVWRULFJROGDQGGLDPRQGPLQLQJ SHULRGWRWKHKDUERUVRI3DUDWLDQG5LRGH-DQHLUR,QDOOWKHWHUULWRU\RIWKLVVWXG\DUHWUDFHVRIH[SORUDWLRQ WKDWDUHUHSUHVHQWDWLYHRIDQHYROXWLRQIURPDUXGLPHQWDU\PLQLQJWRDPRGHUQLQGXVWU\FRQVROLGDWHGGXULQJ WKHWZHQWLHWKFHQWXU\7KLVLVWKHFDVHRIWKH*RQJR6RFRPLQHORFDWHGLQWKHYLFLQLW\RIWKHPXQLFLSDOLW\ RI%DUmRGH&RFDLVQHDUWKHFLW\RI6DQWD%iUEDUDUHJLRQWKDWLQWKHSDVWZDVLQWHJUDWHGLQWKH'LVWULFWRI 0DULDQDDQLPSRUWDQWSROHRIH[WUDFWLRQRIJROGLQWKHSDVVDQGLURQPRUHUHFHQWO\7KLVSURMHFWLQSURJUHVV VHHNVVWUXFWXULQJHOHPHQWVRIWKLVWDQJLEOHDQGLQWDQJLEOHKHULWDJHLQRUGHUWRUHVFXHPLQLQJPHPRULHVDQG LWVLPSRUWDQFHLQWKHKLVWRULFDOFRQWH[W .H\ZRUGV %UD]LO*HRGLYHUVLW\0LQHUDOUHVRXUFHV0LQLQJH[WUDFWLRQ0LQLQJKHULWDJH ,1752'8d  2 'RVFRQKHFLPHQWRVDGTXLULGRVHRTXHUHSUHVHQWRXRVHJPHQWRPLQHLURQR%UDVLOSDUHFHQRVTXHSRXFR IRLSUHVHUYDGRRXHVWiGHYLGDPHQWHUHODWDGRGHIRUPDFRQVLVWHQWHFRPYLVWDVjSUHVHUYDomRGDKLVWyULD PLQHLUDDRORQJRGHPDLVGHWUrVVpFXORV $HVFROKDGHXPWUHFKRGD(VWUDGD5HDODEDUFDDOJXPDVGDVPDLVLPSRUWDQWHVSURYtQFLDVPLQHUDLVH GLVWULWRVPLQHLURVGRSDtV2HVWXGRYLVDXPGHPRQVWUDWLYRHPHVFDODUHJLRQDOTXHHPERUDKDMDLQWHQVR WUDEDOKRGHDSURYHLWDPHQWRWXUtVWLFRFXOWXUDOHQDWXUDOSDWULP{QLRVDVVRFLDGRVGLUHWDPHQWHjVH[WUDo}HV PLQHLUDVTXHIRUMDUDPHVVHVSHUFXUVRVQDVXDHVVHQFLDOLGDGHIRUDPSRXFRGHVWDFDGRVQDVSURPRo}HVGHVVHV FDPLQKRV(QWHQGHPRVTXHDLQGDKiWHPSRSDUDYDORUDUHGLYXOJDURVSDWULP{QLRVDVVRFLDGRVjVDWLYLGDGHV PLQHLUDV 2WHUPR&DPLQKRGRV'LDPDQWHVWUDWDVHGHXPDGDVTXDWURGHVLJQDo}HVGHSHUFXUVRVKLVWyULFRVGR RXURQRHVWDGRGH0LQDV*HUDLVHTXHFXOPLQDUDPFRPDVGHVFREHUWDVGRVSULPHLURVGLDPDQWHVQDUHJLmR GH6HUURIULR 3DUDDFRQVWUXomRGHVWDSURSRVLomRIRLQHFHVViULRGHOLQHDUDOJXQVWUHFKRVGRLWLQHUiULRHVFROKLGRGH¿QLU DViUHDVSDUDRVHVWXGRVGHFDVRFRPREDVHH[SHULPHQWDOGRSURMHWRQRLQWXLWRGHVHHVWDEHOHFHU PHWRGRORJLDVGHLGHQWL¿FDomRFDUDFWHUL]DomRFRQVHUYDomRYDORUL]DomRHHYHQWXDOSURPRomRGRSDWULP{QLR JHRPLQHLUREUDVLOHLUR (PERUDWRGRRSHUFXUVRJXDUGHDVSHFWRVLPSRUWDQWHVVHUmRGHVWDTXHVSDUDHVWXGRVGHFDVRUHJL}HV PLQHLUDVFRPRDVODYUDVGHRXURQDUHJLmRGH6DQWD%iUEDUD&DWDV$OWDVH%DUmRGH&RFDLVRQGHVHLQVHUH DULFDPLQDDXUtIHUDGH*RQJR6RFRHD'HPDUFDomR'LDPDQWLQDHDVODYUDVGHGLDPDQWHVDRQRUWHGHVVH FDPLQKR (/3$75,021,2*(2/Ï*,&2<0,1(52,'(17,'$'<02725'('(6$552//2  %5(9(&217(;72+,67Ï5,&2 $VH[SHGLo}HVSHORLQWHULRUGR%UDVLOFRPGHVWDTXHSDUDR¿QDOGRVpFXOR;9,,TXDQGRFRORQRVSDXOLVWDV SDUWLQGRGDHQWmRGHQRPLQDGDFDSLWDQLDGH6mR9LFHQWHHQFRQWUDUDPRXURHPDEXQGkQFLDSUy[LPRDRULR GDV9HOKDV  2WHUULWyULREUDVLOHLURVHWRUQDULDSDOFRGHH[SHGLo}HVGHH[SORUDGRUHVVREUHWXGRQDEXVFDGH PHWDLVHSHGUDVSUHFLRVDV2VpFXOR;9,,,GHVWDFRXVHQRFHQiULRLQWHUQDFLRQDOTXDQGRRSDtVSURGX]LULD TXDVHPHWDGHGDSURGXomRPXQGLDOGHRXUR ,Q~PHURV RXWURV GHSyVLWRV VHULDP GHVFREHUWRV QD ~OWLPD GpFDGD GRV DQRV   'D FDSLWDQLDGR5LRGH-DQHLURVHGHVPHPEUDULDDFDSLWDQLDGH6mR3DXORH0LQDVGH2XURYDVWRWHUULWyULR GHTXHUHVXOWDULDQRYDVXEGLYLVmRHDFDSLWDQLDGH0LQDV*HUDLVKRMHFRPHVWDWXWRGH(VWDGR3RXFRPDLV WDUGHRRXURVHULDHQFRQWUDGRQRVDWXDLVHVWDGRVGR0DWR*URVVRH*RLiVDQWLJDFDSLWDQLD SRUWXJXHVDGH*R\D]6RXVD 'DVHVWLPDWLYDVGHPDLVGHWRQHODGDVGHRXURODYUDGRVQR%UDVLOFHUFDGHWHULDVLGRSURGX]LGD QRSHUtRGRFRORQLDOHDSHQDVQRSHUtRGRLPSHULDO&DODHV HWDO S(PERUDIRVVHPFRQKHFLGDV RFRUUrQFLDVHPYiULRVSRQWRVGRSDtVWUHFKRVGRVSULQFLSDLVFDPLQKRVDEHUWRVSDUDDVPLQDVQRFHQWURVXO FRUUHVSRQGHQGRjDWXDOGHPDUFDomRGD(VWUDGD5HDOQR(VWDGRGH0LQDV*HUDLVHUDPRVPDLVULFRVHGH JUDQGHSURGXWLYLGDGHWRUQDQGRVHDUHJLmRXPDSULRULGDGHGD&RURD3RUWXJDOKDYLDGHFLGLGRDEULUHVVHV FDPLQKRVSDUDDVSULQFLSDLV]RQDVPLQHLUDVVHUYLQGRRVREMHWLYRVGHFRQWUROHHVFRDPHQWRGDSURGXomRGH RXURHRDEDVWHFLPHQWRGDVPLQDV (PSRXFRVDQRVHVWHVFDPLQKRVFKHJDUDPjUHJLmRGHPDUFDGDGH'LDPDQWLQDQDVGHOLPLWDo}HVGD DQWLJDFLGDGHHFRPDUFDGR6HUURHQWmR9LODGR3UtQFLSHRQGHSRUDFDVRVHGHVFREUHRVGHSyVLWRVGH GLDPDQWHVHDSURGXomRVHGHVWDFDULDQRFHQiULRLQWHUQDFLRQDOGXUDQWHERDSDUWHGRVpFXOR;9,,, 2SULPHLURSHUFXUVR&DPLQKR9HOKROLJRXDFLGDGHSRUWXiULDGH3DUDWLjFLGDGHGH2XUR3UHWR'HPRGRD GLPLQXLUDVYLDJHQVHPPDLVGHXPPrVDOJXQVDQRVGHSRLVXPDQRYDOLJDomRIDULDRWUDMHWRHQWUHDFLGDGH GR5LRGH-DQHLURDWp2XUR3UHWRFRPSOHWDQGRVHDURWDTXHVHULDFRQKHFLGDFRPR(VWUDGD5HDO $LPSRUWkQFLDGDUHJLmRHUDWDPDQKDTXHPHVPRFRPDTXHGDEUXVFDGDSURGXomRQDVGLVSHUVDVH LQWHQVDVODYUDVVXSHU¿FLDLVMiSHUFHELGDVSHOD&RURDDLQGDQRVLGRVGDVHJXQGDPHWDGHGRVpFXOR;9,,, LQYHVWLPHQWRVVHULDPSULRUL]DGRVQDiUHDGDVFLrQFLDVLQFOXLQGRDPLQHUDORJLDHRXWUDVPDWpULDVVHULDP LQWURGX]LGDVQD8QLYHUVLGDGHGH&RLPEUDRQGHSDVVDULDPPXLWRV%UDVLOHLURVSRUIRUPDo}HVSUR¿VVLRQDLV ,QLFLDYDPQDVFRO{QLDVGRLPSpULRSRUWXJXrVDVYLDJHQV¿ORVy¿FDVGHFXQKRLQYHVWLJDWLYRGHGLIXVmR GDVFLrQFLDVHFXMRSURSyVLWRHUDPHOKRUFRQKHFHURVUHFXUVRVQDWXUDLVVXDVIHLo}HVGHVFULomRHFROHWD GHH[HPSODUHVGDIDXQDÀRUDURFKDVPLQHUDLVHIyVVHLV1mRVyQRFDVRGR%UDVLOPDVHUDPHYLGHQWHVD DXVrQFLDGHPmRGHREUDHWpFQLFDVTXDOL¿FDGDVRTXHJHURXFHQWHQDVGHiUHDVH[DXULGDVVXSHU¿FLDOPHQWH HHQRUPHVSHUGDVQDDSXUDomRPLQHUDO)LJXHLU{DS $VSULPHLUDVPLQDVGHRXURVXEWHUUkQHDVQR%UDVLO 2 YDVWR WHUULWyULR EUDVLOHLUR VHULD GHVWDTXH QDV YLDJHQV GH LQ~PHURV QDWXUDOLVWDV FRPHUFLDQWHV H H[SORUDGRUHVTXHSHUFRUUHUDPRSDtVLQFOXLQGRUHJL}HVPLQHLUDVDFHVVtYHLVSHORVFDPLQKRVUHDLVXPFHQiULR FRQWLQXDGRQRVpFXOR;,;  $SULPHLUDGHVFREHUWDQDVPDUJHQVGR5LRGDV9HOKDVDÀXHQWHGRULR6mR)UDQFLVFRIRLDWULEXtGDj0DQXHO%RUED*DWR([SHGL  omRFRPDQGDGDSRU)HUQmR'LDV /8,60$16,//$3/$=$<-26(300$7$3(5(//Ï(',725(6  3DUDUHHUJXHUDVPLQDVDEDQGRQDGDVHUHWRPDUDSURGXomRDXUtIHUDD&RURD3RUWXJXHVDHQYLDULDSDUDR %UDVLOHPWUrVHQJHQKHLURVDOHPmHVTXHMiPDQWLQKDDRVHXVHUYLoRHP3RUWXJDO:LOKHOP&KULVWLDQ *RHWWKHOIWYRQ)HOGQHUGHVWDFDGRSDUDDEXVFDGHFDUYmRPLQHUDOQDVEDFLDVGH6DQWD&DWDULQD )ULHFKLFK/XGZLJ:LOKHUP9DUQKDJHQTXHLULDGLULJLUDVIXQGLo}HVGHIHUURGD5HDO)iEULFDGH ,SDQHPDHP6RURFDED6mR3DXORH:LOKHOP/XGZLJ)UHLKHUUYRQ(VFKZHJHGHVLJQDGRSDUD DWHQGHUDVGHPDQGDVGDFDSLWDQLDGH0LQDV*HUDLVFRPRFDUJRGH,QWHQGHQWH)LJXHLU{DS %DUmR GH(VFKZHJH HUDR¿FLDO VXSHULRUGR 5HDO &RUSR GH (QJHQKHLURVPLQHUDORJLVWD PHWDOXUJLVWD SHUFRUUHXHGHVFUHYHXFRPGHWDOKHRDWXDOFDPLQKRGD(VWUDGD5HDOHQWUHR5LRGH-DQHLURH'LDPDQWLQD 6HXSURIXQGRFRQKHFLPHQWRQDViUHDVGDJHRORJLDDUWHVGHPLQDVHPHWDOXUJLDIRLGHVXPDLPSRUWkQFLD QDPXGDQoDGHUXPRGRVSURFHVVRVGHSURGXomRHPFRQVHTXrQFLDGDXWLOL]DomRGHWHFQRORJLDVMiDGRWDGDV HPRXWURVSDtVHV $&DUWD5pJLDGHGHDJRVWRGHGLULJLGDDR*RYHUQDGRUH&DSLWmR*HUDOGD&DSLWDQLDGH0LQDV *HUDLVDFRPSDQKDGDSHOR'HFUHWRTXHUHJXODPHQWDYDDFULDomRHIXQFLRQDPHQWRGDVVRFLHGDGHVSDUDODYUD GDVH[SORUDo}HVGHRXURYLULDDUHYHODUVHLJXDOPHQWHLPSRUWDQWHQDUHWRPDGDGDDWLYLGDGHPLQHLUDDR SURSLFLDURVXUJLPHQWRGDVSULPHLUDVVRFLHGDGHVSRUDo}HVTXHGRWDGDVGHHQYHUJDGXUD¿QDQFHLUDPDLV UREXVWDVHODQoDUDPQDDEHUWXUDGHPLQDVGHRXURVXEWHUUkQHDVVRERVWHUUHQRVODYUDGRVjVXSHUItFLH DOXYL}HV JUXSLDUDV FDYDVHJDOHULDVUDVDVSRUTXDVHXPVpFXOR  'HVWDQRYDIDVHGHPLQDVGHRXURSURIXQGDVGHVWDFDUDPVHQRFHQiULRQDFLRQDOWUHFKRVFHQWUDLVGD (VWUDGD5HDOFRPRRFDVRGDVPLQDV3DVVDJHPGH0DULDQD0RUUR9HOKRH*RQJR6RFRQRDWXDOPXQLFtSLR GH %DUmR GH &RFDLV VHOHFLRQDGD QHVWH WUDEDOKR FRPR XP FDVR H[HPSODU SDUD UHVJDWH GR SDWULP{QLR JHRPLQHLUREUDVLOHLUR  5HJL}HVSUy[LPDVD2XUR3UHWRLQFOXLQGRDVSULQFLSDLVPLQDVGHRXURHPSURGXomRUHFHEHULDPLQ~PHUDV YLVLWDVGHFLHQWLVWDVQDWXUDOLVWDVFRPHUFLDQWHVH[SORUDGRUHVHPLQHLURVGHRItFLR$OpPGDVYLDJHQVGRV ,PSHUDGRUHV'RP3HGUR,H'RP3HGUR,,GHQWUHHVWUDQJHLURVTXHSHUFRUUHUDPHGHVFUHYHUDP VREUHDVPLQDVGHRXURHP0LQDV*HUDLVGHVWDFDPVH(UQVW+DVHQFOHYHU*HRUJH*DUGQHU )UDQFLVGH&DVWHOQDX&RQGHGH6X]]DQHWH5LFKDUG)UDQFLV%XUWRQ$OYHVS  (VFKZHJHQDVXDPDJLVWUDOREUD3OXWR%UDVLOLHQVLVDJUXSDHGHVFUHYHFRPULJRURVSULQFLSDLVVLVWHPDVGHH[SORUDomRXVDGRVSDUD H[SORUDURVGHSyVLWRVGHDOXYLmRRQGHDVSDUWtFXODVGHRXURGHGLPHQV}HVYDULDGDVVHHQFRQWUDYDPVROWDVPLVWXUDGDVFRPFDVFDOKRH DUHLDVHRVYHLRV¿O}HVRQGHRRXURRFRUULDHPYHLRVGLVVHPLQDGRVHPTXDUW]RRXQDVURFKDVHQFDL[DQWHVDVVRFLDGRRXQmRDRXWURV PLQHUDLV  0LQDGD3DVVDJHPFXMDSULPHLUDSURSULHWiULDIRLD6RFLHGDGH0LQHUDOyJLFDGH3DVVDJHPSULPHLUDHPSUHVDGHPLQHUDomRQR%UDVLO DGHVHQYROYHUXPDJUDQGHODYUDVXEWHUUkQHDGHRXURHPIXQGDGDSHORVHXSULQFLSDODFLRQLVWDRSUySULR(VFKZHJHHVWHYHHP DWLYLGDGHSRUPDLVGHXPVpFXORDSHVDUGHLQ~PHUDVLQWHUUXSo}HV$WXDOPHQWHIHFKDGDSDUDDH[WUDomRGHRXURFRQWHPSODSURMHWR GHWXULVPRFXOWXUDOEDVHDGRQDPXVHDOL]DomRGHXPDSDUWHGDVLQVWDODo}HVFRQWHPSODQGRXPFLUFXLWRGHYLVLWDFRPGHVFLGDjPLQD SRVVLELOLWDQGRDREVHUYDomRGHXWHQVtOLRVIHUUDPHQWDVHSDUWHGRVDQWLJRVPDTXLQiULRVPLQHLURV(VWDPLQDWDPEpPFRQVWDQDUHODomR GRVJHRVVtWLRVVHOHFLRQDGRVHSURPRYLGRVSHOD&RPLVVmR%UDVLOHLUDGRV6tWLRV*HROyJLFRVH3DOHRELROyJLFRVHVWDQGRHQTXDGUDGDQRV TXHVLWRV+LVWRULDGD0LQHUDomRH0HWDORJHQLDRQGHREWHYHRSDUHFHUIDYRUiYHOGDFRPLVVmRMXOJDGRUDHDJXDUGDVXDSXEOLFDomR 0RUUR9HOKRFKHJRXDVHUDPDLRUHPDLVSURIXQGDPLQDVXEWHUUkQHDGHRXURFRPPDLRUSURGXomRHGXUDQWHPDLVWHPSR SURSULHGDGHGDHPSUHVD$QJOR*ROG$VKDQWLPDQWpPR&HQWURGH0HPyULD0RUUR9HOKRRQGHSUHVHUYDSDUWHGDKLVWyULDGDPLQDGHVGH DVODYUDVUXGLPHQWDUHVGR¿QDOGRVpFXOR;9,,,jVSULPHLUDVWpFQLFDVGRVLQJOHVHVTXDQGRD6DLQW-RKQ'HO5H\0LQLQJ&RPSDQ\/LPLWHG DGTXLULXDPLQDHVHWUDQVIHULXGDFLGDGHGH6mR-RmRGHO5H\SDUD1RYD/LPDHP$LQGDQR¿QDOGRVpFXOR;,;FRPDHYROXomR WHFQROyJLFDDVODYUDVVXEWHUUkQHDVGHRXURVLVWHPiWLFDVSHUGXUDPSRUTXDVHWRGRRVpFXOR;; KWWSZZZDQJORJROGDVKDQWLFRPEU4XHP6RPRV+LVWRULD3DJLQDV&HQWUR0HPRULDDVS[ (/3$75,021,2*(2/Ï*,&2<0,1(52,'(17,'$'<02725'('(6$552//2  $(675$'$5($/ &RPDVGHVFREHUWDVGHRXURDSDUWLUGRVpFXOR;9,,HPTXDQWLGDGHVVLJQL¿FDWLYDVSRUTXDVHWRGRR WHUULWyULRGRDWXDOHVWDGRGH0LQDV*HUDLVDRFXSDomRIRLFUHVFHQWHDSDUWLUGRVSULPHLURVDFDPSDPHQWRVH DUUDLDLVLQ~PHURVYLODUHMRVHYLODVLDPVXUJLQGRQDVURWDVHFHQWURVGHSURGXomRGRPHWDOSUHFLRVRGLDPDQWHV HRXWUDVJHPDVFRQFHQWUDQGRVHQDVSURSULHGDGHVUXUDLVDSURGXomRDJURSHFXiULDRFRPpUFLRGHFDUQHV FRXURHRXWURVSURGXWRV &RPDVODYUDVVHDODUJDQGRSDUDRQRUWHHRHVWHGR(VWDGRVHFKHJRXjUHJLmRGH6HUUR)ULRQDSRUomR FHQWUDOGRHVWDGRGH0LQDV*HUDLVRQGHHPIRUDPGHVFREHUWRVRVSULPHLURVGHPXLWRVGHSyVLWRV VLJQL¿FDWLYRVGHGLDPDQWHVGHVWDTXHSDUDRDOWRGDEDFLDGRULR-HTXLWLQKRQKDHVXEEDFLDGRULRGDV9HOKDV GHPDUFDomRGHGLVWULWRPLQHLURGH'LDPDQWLQD$VODYUDVGHGLDPDQWHVRPHQWHQHVWDUHJLmRFRQKHFLGDFRPR 6HUUDGR(VSLQKDoR0HULGLRQDOFRORFDUDPDFRO{QLDQRWRSRGDSURGXomRPXQGLDOQRVpFXOR;9,,, $ iUHD GR DWXDO SURMHWR (VWUDGD 5HDO (5 FRUUHVSRQGH DRV SULQFLSDLV FDPLQKRV IRUMDGRV DR ORQJR GH TXDVH WUrV VpFXORV GH PLQHUDomR H TXH WLYHUDP XP SDSHO IXQGDPHQWDO QD RFXSDomR H LQWHULRUL]DomR GR %UDVLO HP HVSHFLDO QR DXJH GD SURGXomRHRXURHGLDPDQWHVGRVpFXOR;9,,,   (VWHSURMHWRHQFDEHoDGRSHOR,QVWLWXWR(VWUDGD5HDO(5IRLFRQFHELGRQRLQtFLRGRVpFXOR;;,SHOD)HGHUDomRGDV,QG~VWULDV GH0LQDV*HUDLV),(0*FRQWDQGRFRPRRDSRLRGHLQ~PHUDVLQVWLWXLo}HVS~EOLFDVHSULYDGDVQRLQWXLWRGHSURPRYHURWXULVPRHR GHVHQYROYLPHQWRUHJLRQDOGHFLGDGHVHFHQWHQDVGHGLVWULWRVPLQHLURVHPVHXVSHUFXUVRVGHOLQHDGRVFRPEDVHHPHYLGrQFLDVGH FDStWXORVLPSRUWDQWHVGDKLVWyULDGDPLQHUDomRHGRVSURFHVVRVGHFRORQL]DomRHRFXSDomRQR%UDVLO&DODHVHWDO ),*85$ 2VTXDWUR&DPLQKRVGD(VWUDGD5HDO'DFRVWDDWOkQWLFD 3DUDW\H5LRGH-DQHLURD'LDPDQWLQD0LQDV*HUDLV(PGHVWDTXH RFDPLQKRGRVGLDPDQWHV)RQWH,QVWLWXWR(5  &DPLQKR9HOKR 3DUDWLD2XUR3UHWRDWUDYHVVDQGRRVXOGR HVWDGRGH0LQDV*HUDLV &DPLQKR1RYR 5LRGH-DQHLURD2XUR 3UHWR&DPLQKRPDLVFXUWRHUiSLGR &DPLQKRGH6DEDUDEXoX GHVFREHUWDV jV PDUJHQV GR ULR GDV9HOKDV 5HPHWD jV OHQGDV LQGtJHQDV &DPLQKRGRV'LDPDQWHV OLJDDVFLGDGHVGH2XUR 3UHWRH'LDPDQWLQD /8,60$16,//$3/$=$<-26(300$7$3(5(//Ï(',725(6  (VWDYDVWDURWDFRQWHPSODFLGDGHVKLVWyULFDVHUJXLGDVSHODH[WUDomRPLQHLUDGRRXURHRXGRGLDPDQWH DOJXPDVVHUYLDPGHHQWUHSRVWRVGHDEDVWHFLPHQWRGDVODYUDVHHVFRDPHQWRGDSURGXomRSDUDDVFLGDGHV SRUWXiULDVGH3DUDW\HGR5LRGH-DQHLUR  )LJXUD $RORQJRGHVWHVSHUFXUVRVREVHUYDVHULFRDFHUYRGRSDWULP{QLRFXOWXUDOPDWHULDOFRQVWLWXtGRSRUFDVDULRV LJUHMDVHRXWUDVHGL¿FDo}HVHPHVWLOREDUURFRREUDVGHDUWHFRPRDVHVFXOWXUDVGRPHVWUH$OHLMDGLQKR SDLVDJHQVFrQLFDVPXLWRVORFDLVWRPEDGRVFRPRSDWULP{QLRVSHORVLQVWLWXWRVGRSDWULP{QLRKLVWyULFRWDQWR SRUDVSHWRVQDWXUDLVFRPRFXOWXUDLVLQFOXLQGREHQVDUTXHROyJLFRVHVSHOHROyJLFRVHSDOHRQWROyJLFRV0DLV UHFHQWHPHQWHHGHIRUPDFUHVFHQWHYrPVHQGRLQVHULGRVLQ~PHURVSDWULP{QLRVLPDWHULDLVQRDFHUYRFXOWXUDO GRHVWDGRPLQHLUR $UHJLmRFRQWHPSODLJXDOPHQWHLQ~PHURVSDUTXHVUHVHUYDVÀRUHVWDLVHXQLGDGHVGHFRQVHUYDomRGD ELRGLYHUVLGDGHEHPFRPRVtWLRVGHYDORUHVJHROyJLFRVSDOHRQWROyJLFRVSDLVDJtVWLFRHDOJXQVSRXFRVTXH HVWmRUHODFLRQDGRVjKLVWyULDGDVPLQDV  2&$0,1+2'26',$0$17(6 2SHUFXUVR&DPLQKRGRV'LDPDQWHVFRPFHUFDGHNPLQLFLDVHHP2XUR3UHWRFLGDGHVLWXDGD QDUHJLmRVXGHVWHGR(VWDGRGH0LQDV*HUDLVXPDGDVSULQFLSDLVFLGDGHVGRSDtVQRFLFORGRRXURQR VpFXOR9;,,,HWHUPLQDQDFLGDGHGH'LDPDQWLQDQDUHJLmRFHQWUDOGRHVWDGRSULQFLSDOUHJLmRSURGXWRUDGH GLDPDQWHVQRPHVPRSHUtRGR 3HODVXDLPSRUWkQFLDJHROyJLFDJHRPRUIROyJLFDPLQHLUDHKLVWyULFDSDUWLFXODUPHQWHQRTXHUHVSHLWDj KLVWyULDGDPLQHUDomRQR(VWDGRR&DPLQKRGRV'LDPDQWHVWHPYLQGRDFRQFHQWUDUQRVVDDWHQomRHRSomR GHHVWXGR 5HJLmRFXMDVUHGHVÀXYLDLVIRUDPH[SORUDGDVSRUWpFQLFDVDUWHVDQDLV p WDPEpP VHGH GHGLYHUVDVH LPSRUWDQWHVH[SORUDo}HVVXEWHUUkQHDVHDFpXDEHUWRGHRXURHIHUURSDUDDOpPGDH[WUDomRGHGLDPDQWHV SUHWpULWDVHDWXDLV&RUWDLPSRQHQWHVSDUWHVGRGHQRPLQDGR4XDGULOiWHUR)HUUtIHURHGR(VSLQKDoR0HULGLRQDO 5HJL}HVGHUHOHYRPRQWDQKRVRHDOWLWXGHVHOHYDGDVHPDOJXQVSRQWRVSUy[LPRVDRVPHWURVDFLPDGR QtYHOGRPDUPDUFDGDSRULPSRUWDQWHVGLYLVRUHVGHiJXDVGDVEDFLDVGRVULRV'RFH-HTXLWLQKRQKD6mR )UDQFLVFRHVXEEDFLDGRULRGDV9HOKDVUHFRUWDGRVSRUYDOHVHQFDL[DGRV 2SHUFXUVRFRQWHPSODXPGLYHUVL¿FDGRFHQiULRSDLVDJtVWLFRFRPRRSUySULR4XDGULOiWHUR)HUUtIHURD LPSRQHQWH6HUUDGR&DUDoDHERDSDUWHGR(VSLQKDoR0HULGLRQDOFXMRSRQWRFXOPLQDQWHpUHSUHVHQWDGRSHOR SLFRGR,WDPEpFRPPHWURV*HRVVtWLRGD&RPLVVmR%UDVLOHLUDGRV6tWLRV*HROyJLFRVH3DOHRELROyJLFRV 6,*(3UHIHUrQFLDKLVWyULFDGRVH[SORUDGRUHVUXPRjGHPDUFDomRGLDPDQWLQD *HRORJLDHSDWULP{QLR 2WUHFKR&DPLQKRGRV'LDPDQWHVFRQVWLWXLH[WHQVDIDL[DGHiUHDVLWXDGRQRH[WUHPRVXOGR&UiWRQ6mR )UDQFLVFRFRQVWLWXtGRQDVXDHVVrQFLDGHURFKDVDUTXHDQDVHGRSURWHUR]yLFR $VURFKDVPDLVDQWLJDVGHVWDUHJLmRSHUWHQFHPDRFRPSOH[RFULVWDOLQRJUDQLWRJQiLVVLFRHjVIDL[DVGH VHTXrQFLDVYXOFDQRVHGLPHQWDUGHLGDGHSDOHRDUTXHDQDFHUFDGH*D  2VFHQWURVKLVWyULFRVGDVFLGDGHVGH2XUR3UHWRH'LDPDQWLQDFRQVWDPGDOLVWDGH3DWULP{QLR0XQGLDOGD81(6&2  FIKWWSZZZLFPELRJRYEUSRUWDOKWWSZZZPHLRDPELHQWHPJJRYEUHKWWSVLJHSFSUPJRYEU (/3$75,021,2*(2/Ï*,&2<0,1(52,'(17,'$'<02725'('(6$552//2  $ROHVWHHVXOGHVWHSHUFXUVRSUHGRPLQDPDVOLWRORJLDVQRFRQWH[WRGR4XDGULOiWHUR)HUUtIHUR4)FRP R6XSHUJUXSR5LRGDV9HOKDVQHRDUTXHDQR*DHR6XSHUJUXSR0LQDVH*UXSR,WDFRORPLGHLGDGH SURWHUR]yLFR*D8KOHLQH1RFHS2VGHSyVLWRVGHRXURQR4)HVWmRUHODFLRQDGRV jHYROXomRGRVSURFHVVRVGHYXOFDQLVPRHVHGLPHQWDomRGR6XSHUJUXSR5LRGDV9HOKDVHLPSRUWDQWHVEDFLDV SURWHUR]yLFDV PHWDPRU¿]DGDV H TXH FRQFHQWUD GHQWUH RXWUDV RFRUUrQFLDV MD]LGDV H GHSyVLWRV PLQHUDLV GHVWDFDGRVQR6XSHUJUXSR0LQDVHTXHGHUDPRULJHPDLPHQVRVMD]LPHQWRVGHIHUURDOpPGRRXURHRXWURV 7HL[HLUDS 6HJXLQGRUXPRQRUWHSHOD(VWUDGD5HDOHPWUHFKRVLQWHUFDODGRVSRUURFKDVGRFRPSOH[RJUDQLWRJQDLVVH HFLQWXUmRGHURFKDVYHUGHVGHVWDFDPDVIRUPDo}HVGD*UDQGH6HUUDRX6HUUD*HUDOGHQRPLQDGD³(VSLQKDoR´ SRU(VFKZHJHGDGDVDVFDUDFWHUtVWLFDVPRUIROyJLFDVGRVDÀRUDPHQWRV³HVSLQKDGRUVDO´GDIURQWHLUDJHROyJLFD HGLYLVRUGHiJXDV7UDWDVHGDSRUomRPHULGLRQDOGRFLQWXUmRRURJrQLFRPLQHLURDRURJHQLDGR%UDVLOLDQR IRLUHVSRQViYHOSRUGLYHUVRVSURFHVVRVWHFW{QLFRVFRPGHVWDTXHRVLQWHQVRVGREUDPHQWRVPHWDPRU¿VPRV H HYHQWRV PDJPiWLFRV QD UHJLmR GXUDQWH R QHRSURWHUR]yLFR DIHWDQGR VREUHWXGR R TXH VH FRQKHFH FRPRR(VSLQKDoR0HULGLRQDORXSDUWHGHOH0RUIRORJLFDPHQWHFRUUHVSRQGHjSDUWHGRVGREUDPHQWRVGD IDL[D$UDoXDtQRSHUtRGR'HVWDFDVHSHODVURFKDVTXDUW]tWLFDVGR6XSHUJUXSR(VSLQKDoRGHLGDGHSDOHR PHVRSURWHUR]yLFDVFRUUHVSRQGHQGRDFHUFDGHNPGHH[WHQVDIDL[D1611:GDUHJLmRFHQWUDOGH 0LQDV*HUDLVjGLYLVDFRPD%DKLDDRQRUWH$ONPLQS &URQRORJLFDPHQWHGDVSULPHLUDVPLQHUDOL]Do}HVSUHGRPLQDUDPRRXURVHJXLGRGHSHTXHQDVIRUMDVGH IHUURSDUDDFRQIHFomRGDVSULPHLUDVIHUUDPHQWDVSUDWLFDPHQWHGXUDQWHWRGRRVpFXOR;9,,,HSDUWHGR;,; $VH[SORUDo}HVGRVGLDPDQWHVMiQR(VSLQKDoRDSDUWLUGR¿QDOGRWHUoRGRVpFXOR;9,,,VHJXLGRGHRXWUDV JHPDVFRPRRWRSi]LRLPSHULDO~QLFRQDUHJLmRGH2XUR3UHWR0DLVjIUHQWHQRVpFXOR;;DLQG~VWULD PLQHLUDGRIHUURHGRDoRRPDQJDQrVDFURPLWDDEDX[LWDDFLDQLWDHRXWURVPLQHUDLVQmRPHWiOLFRVURFKDV HDJUHJDGRVGLYHUVRV $RORQJRGRVYDOHVUDYLQDVHFXUVRVGHiJXDVmRSRUGHPDLVHYLGHQWHVYHVWtJLRVGHLQ~PHUDVODYUDV KLVWyULFDVVXSHU¿FLDLVGHQXQFLDGDVSHODH[LVWrQFLDGHFDYDV ELFDPHV PDUPLWDVRXFDOGHLU}HVHUHVWRVGH PXQGpXV FRPDFXPXODo}HVGHFDVFDOKRVHDUHLDV$FUHVFHQWHPVHGLYHUVDVJDOHULDVKiPXLWRDEDQGRQDGDV FRPRSRUH[HPSORHP2XUR3UHWRPLQDVGR&KLFR5HL9HORVR6DQWD5LWD3DOiFLR9HOKRH0DULDQDPLQD VXEWHUUkQHDGD3DVVDJHPGLYHUVDVDEHUWDVjYLVLWDomR $UHJLmRGRPXQLFtSLRGR6HUURSRGHVHUFRQVLGHUDGDRGLYLVRUGHiJXDVDSDUWLUGRTXDOFRPHoDPDV RFRUUrQFLDVGHGLDPDQWHVDVVRFLDGRVj6HUUDGR(VSLQKDoRHSHODVEDFLDVGRVULRV-HTXLWLQKRQKDH6mR )UDQFLVFR$VRFRUUrQFLDVGHGLDPDQWHVVHHVWHQGHPSRUERDSDUWHGRRHVWHGR(VWDGRGH0LQDV*HUDLV 6HQDSDLVDJHPDVPDUFDVGDDWLYLGDGHPLQHLUDDLQGDSHUVLVWHPHPPXLWRVSRQWRVPDVFDUDGDSHOD YHJHWDomRSHODDomRGRVDJHQWHVGDJHRGLQkPLFDH[WHUQDRXSRUDomRDQWUySLFDSRXFRVVmRRVYHVWtJLRVHP WHUPRVGHEHQVPyYHLVLQHUHQWHVDHVWDDWLYLGDGHMiTXHHPERDSDUWHGRVFDVRVDDWLYLGDGHVHSURFHVVRXGH IRUPDDUWHVDQDOVHPRXVRGHPDTXLQiULRVRXLQIUDHVWUXWXUDVSHVDGDVUHVLVWHQWHVDRWHPSR 3DUDDOpPGHSRWHQFLDOSDWULP{QLRDUTXLYtVWLFRHPRUJDQLVPRVGDDGPLQLVWUDomRS~EOLFDHGHDOJXPDV HPSUHVDVVXEVLVWHPDLQGDGLYHUVRVREMHWRVOLJDGRVjPLQHUDomRHDRSURFHVVDPHQWRGRVPLQpULRVFRQVHUYDGRV SRUSDUWLFXODUHVRXLQFRUSRUDGRVQDVFROHo}HVGHDOJXPDVXQLGDGHVPXVHROyJLFDVQRPHDGDPHQWH$WtWXOR GHH[HPSORD&DVDGH)XQGLomRHP2XUR3UHWRRXURR0XVHXGH,WDELUDIHUURH0XVHXGR'LDPDQWH 'LDPDQWLQD ,JXDOPHQWHWHPYLQGRDVHUUHVJDWDGRDOJXPSDWULP{QLRIHUURYLiULROLJDGRjH[SRUWDomRGHPLQpULRVRX WUDQVSRUWHGHSDVVDJHLURVQDUHJLmR /8,60$16,//$3/$=$<-26(300$7$3(5(//Ï(',725(6  6mRHVFDVVDVUHIHUrQFLDVH[SOtFLWDVGRSDWULP{QLRJHROyJLFRJHRPRUIROyJLFRHSDUWLFXODUPHQWHDROHJDGR JHRPLQHLURYHWRUSULPRUGLDOGDRFXSDomRGHVWHLPHQVRWHUULWyULR(QWUHWDQWRpQRVVDFRQYLFomRTXHHVWD pXPDH[FHOHQWHYLD SDUDD YDORUDomRHGLYXOJDomRGH SHUFXUVRV WHPiWLFRVUHODFLRQDGRVDRVSURFHVVRV JHROyJLFRVHPLQHLURVHTXHFRQVWLWXHPUHOHYDQWHVYDORUHVDIHWRVDRVLQWHUHVVHVSHGDJyJLFRVHFLHQWt¿FRV 4XHVHMDPSHTXHQRVYHVWtJLRVRXSDVVLYRVGHVFUHYHUDVLQWHUYHQo}HVHSURSRUVXDSURPRomRVHMDYLD SDLQpLVURWDVUHVWDXUDomRHRXWUDVPHGLGDVWRUQDPVHXPGHVD¿R $VVLPFRPRQRFDVRGRFRQMXQWRUHPDQHVFHQWHGDVUXtQDVGH*RQJR6RFRWRPEDGRSHOR,(3+$0* LQFOXLQGR D ID]HQGD DGTXLULGD SHOD ,PSHULDO %UD]LOLDQ 0LQLQJ$VVRFLDWLRQ  WHVWHPXQKR YLYR GH XP FLFOR PDUFDQWHGDHFRQRPLDQDFLRQDOTXHIRLRFLFORGRRXURDTXLGHVWDFDGRGHIRUPDPXLWRVXPiULD(VWHp DSHQDVXPGRVPXLWRVSRQWRVPDUFDQWHVGHVWHLWLQHUiULRDFRQVWLWXLUHPkQFRUDUHJLRQDOGHYDORUL]DomRGH SDUWHGDKLVWyULDGDPLQHUDomRHGRVUHFXUVRVPLQHUDLVGHXPDIRUPDLQWHJUDGDFRPRVYDORUHVSDLVDJtVWLFRV KLVWyULFRVHVRFLDLVEHPFRPRFRPRVXSRUWHGHRSHUDGRUHVORFDLVGHWXULVPRFXOWXUDO 'DPHVPDIRUPDDVLQFHVVDQWHVEXVFDVSHORVGHSyVLWRVGHGLDPDQWHVHPJUDQGHVFDOGHLU}HVULFRV HQFRVWDVDOXYL}HVHWHUUDoRVDOXYLRQDUHVJUXSLDUDVGDGHPDUFDomRGLDPDQWLQDUHSUHVHQWDPDRFXSDomRH ERDSDUWHGRFRQMXQWRSDWULPRQLDOJHUDGRDRORQJRGHVpFXORV $SHVDUGRVHVIRUoRVMiUHDOL]DGRVSDUDDSUHVHUYDomRGHGLYHUVRVVtWLRVKiDLQGDXPWUDEDOKRHIHWLYR DVHUIHLWRSDUDDFRQVHUYDomRDOpPGHREUDVGHUHYLWDOL]DomRUHVWDXUDomRSURPRomRHGLYXOJDomRGHVWHV SDWULP{QLRV&RPLQWHUYHQo}HVUHODWLYDPHQWHVLPSOHVPDVTXHSRVVDPJDUDQWLUJDQKRVDRGHVHQYROYLPHQWR UHJLRQDOHRWXULVPRVXVWHQWiYHOFRPRHYHQWXDOSURMHWRGHFHQWURLQWHUSUHWDWLYRRXPXVHDOL]DomRLQVLWR GHDOJXPDVORFDOLGDGHVLQVWDODo}HVGHSDLQpLVH[SOLFDWLYRVHPRXWUDVHVWDEHOHFLPHQWRGHDOJXPDVURWDV JHRPLQHLUDVEHPVLQDOL]DGDVFRPLQIRUPDWLYRVQDViUHDVFLHQWt¿FDHHGXFDFLRQDOUHIHUHQGDQGRVREUHWXGR DVSHFWRVGDKLVWyULDPLQHLUDGRFXPHQWiULRVHDFHUYRGRFXPHQWDOVREUHDVPLQDV $*5$'(&,0(1726  7UDEDOKRQRkPELWRGD8QLYHUVLGDGHGR0LQKR%UDJD±3RUWXJDO%ROVDGHGRXWRUDGRDWULEXtGDDRDXWRU SHOR&RQVHOKR1DFLRQDOGH'HVHQYROYLPHQWR&LHQWt¿FRH7HFQROyJLFR&13TQ3URJUDPD &LrQFLDV VHP )URQWHLUDV *RYHUQR GR %UDVLO &R¿QDQFLDGR SHOD 8QLmR (XURSHLD YLD )XQGR (XURSHX GH 'HVHQYROYLPHQWR5HJLRQDOHQTXDGUDGRQR3URJUDPD2SHUDFLRQDOGD&RPSHWLWLYLGDGHH,QWHUQDFLRQDOL]DomR 3URMHWR,&78,'*(25HIHUrQFLD32&,)('(5HGRVIXQGRVQDFLRQDLV DWUDYpVGD)XQGDomRSDUDD&LrQFLDHD7HFQRORJLD %,%/,2*5$)Ë$ $ONPLQ)) 6HUUDGR(VSLQKDoRH&KDSDGD'LDPDQWLQD SS(P*HRORJLDGR%UDVLO<RFLWHUX+DVXLHWDO2UJ%HFD%DOO (GLo}HV6mR3DXORSS $QJOR*ROG$VKDQWL&HQWURGH0HPyULD0RUUR9HOKR&RQVXOWDHPDJR KWWSZZZDQJORJROGDVKDQWLFRPEU4XHP6RPRV+LVWRULD3DJLQDV&HQWUR0HPRULDDVS[ $OYHV'%(UQVW+DVHQFOHYHUHP*RQJR6RFR([SORUDomR,QJOHVDQDVPLQDVGHRXURHP0LQDV*HUDLVQRVpFXOR;,; +LVWyULD &LrQFLD6D~GH0DQJXLQKRV  BBB8PDUHJLmRPLQHUDGRUD0LQDV*HUDLV%UDVLOVHJXQGDPHWDGHGRVpFXOR;,; 1XHYR0XQGR0XQGRV1XHYRV >(QOLJQH@ &ROORTXHVPLVHQOLJQHOHPDUV&RQVXOWDHPDJR KWWSQXHYRPXQGRUHYXHVRUJ BBBRUJ(UQVW+DVHQFOHYHUHVXDYLDJHPjVSURYLQFLDVGH5LRGH-DQHLURH0LQDV*HUDLV7UDG)ULHGULFK(ZDOG5HQJHU )XQGDomR-RmR3LQKHLUR%HOR+RUL]RQWHSS (/3$75,021,2*(2/Ï*,&2<0,1(52,'(17,'$'<02725'('(6$552//2  %XUWRQ5) 'R5LRGH-DQHLURD0RUUR9HOKR 7UDGXomR'DYLG-DUGLP-~QLRU6HQDGR)HGHUDO%UDVtOLDSS &DEUDO$50LQHUDOL]DomRGHRXURSDODGLDGRHPLWDELULWRV$MDFXWLQJDGH*RQJR6RFR4XDGULOiWHUR)HUUtIHUR0LQDV*HUDLV GLVVHUWDomRGHPHVWUDGR,QVWLWXWRGH*HRFLrQFLDV±8QLFDPS&DPSLQDV6mR3DXORSS &DODHV*'6RX]D$)HUUHLUD*(:HLV]-2/DLFH&&DVWUR1)(VWUDGD5HDO%UDVLO(P 5XWDV0LQHUDOHVHQ,EHURDPpULFD \2UGHQDPLHQWR7HUULWRULDO8P)DFWRU,QWHJUDOSDUDHO'HVDUUROOR6RVWHQLGRGHOD6RFLHGDG3D~O&DUULyQ0HUR(G3UR\HFWR5XP\V ±&<7(' 2IIQRUW6$*XD\DTXLO(FXDGRUS &DUQHLUR&GDO5+DVXL<$OPHLGD))0%DUWRUHOOL$RUJV*HRORJLDGR%UDVLO&DStWXORV,9H,;%HFD%$//(GLo}HV/WGD 6mR3DXORSS &RPLVVmR%UDVLOHLUDGH6tWLRV*HROyJLFRVH3DOHRELROyJLFRV6,*(3&RPSDQKLDGH3HVTXLVDGH5HFXUVRV0LQHUDLV&350*RYHUQR )HGHUDO%UDVLO&RQVXOWDHPDJR KWWSVLJHSFSUPJRYEU &RUUrD9 +LVWyULDGDQRVVDKLVWyULD HGLomR(G*HW~OLR&RVWD$UTXLYRHQFRQWUDGRQD(VWDQWHGH$XWRUHV%UDVLOHLURV ³7KH/LEUDU\RIWKH8QLYHUVLW\RI7H[DV´5LRGH-DQHLUR 'HFUHWR5pJLRGH&DUWD5pJLDGHGHDJRVWRGHH(VWDWXWRVSDUDDV6RFLHGDGHVGDVODYUDVGDVPLQDVGHRXURTXHVH KmRGHHVWDEHOHFHUQD&DSLWDQLDGH0LQDV*HUDHVHDTXHVHUHIHUHD&DUWD5HJLD&ROHFomRGDV/HLVGR%UD]LO,PSUHQVD 1DFLRQDO5LRGH-DQHLUR 'HSDUWDPHQWR1DFLRQDOGH3URGXomR0LQHUDO'130&DGDVWUR0LQHLURFRQVXOWDDSURFHVVR&RQVXOWDHPDJR KWWSVVLVWHPDVGQSPJRYEU6&0([WUDVLWHDGPLQGDGRV3URFHVVRDVS[ 'HSDUWDPHQWR1DFLRQDOGH3URGXomR0LQHUDO'1303RUWDOGD2XWRUJD6LJPLQH&RQVXOWDHVSDFLDOGDiUHDUHIHUHQWHDRGLUHLWR PLQHUiULR&RQVXOWDHPVHW KWWSVLJPLQHGQSPJRYEUZHEPDS (VFKZHJH:/)YRQ 3OXWR%UDVLOLHQVLV *5HLPHU%HUOLP7UDGXomRGH'RPtFLRGH)LJXHLUHGR0XUWD,WDWLDLD(G863%HOR +RUL]RQWH6mR3DXORYROSS )HUUDQG322XURHP0LQDV*HUDLV7UDG-XOLR&DVWDQRQ*XLPDUDHV1RWDV-RmR+HQULTXH*URVVL)ULHGULFK(ZDOG5HQJHU )XQGDomR-RmR3LQKHLUR%HOR+RUL]RQWHSS )LJXHLU{D6 $VFLrQFLDVJHROyJLFDVQR%UDVLO8PDKLVWyULDVRFLDOHLQVWLWXFLRQDO± (G+XFLWHF6mR3DXORSS )UVW2%LERFD$PELHQWDO&RQVXOWDHPMXO KWWSVELERFDDPELHQWDOEORJVSRWSWPLQDGHJRQJRVRFRPLQDVJHUDLVKWPO *DUGQHU*7UDYHOVLQWKHLQWHULRURI%UD]LOSULQFLSDOO\WKURXJKWKH1RUWKHUQSURYLQFHVDQGWKHJROGDQGGLDPRQGGLVWULFWVGXULQJ WKH\HDUV QG HGLW5HHYH%HQKDPDQG5HHYH/RQGRQSS +HOPUHLFKHQ9YRQ5HODWyULRVREUHDPLQDGH*RQJR6RFR(P)ULHGULFK(5HQJHURUJ 2EUDVYiULDVGH9LUJLOYRQ +HOPUHLFKHQ )XQGDomR-RmR3LQKHLUR%HOR+RUL]RQWHSS ,QVWLWXWRGR3DWULP{QLR+LVWyULFRH$UWtVWLFR1DFLRQDO&RQVXOWDHPDJR KWWSSRUWDOLSKDQJRYEU ,QVWLWXWR(VWDGXDOGR3DWULP{QLR+LVWyULFRH$UWtVWLFRGH0LQDV*HUDLV,(3+$&RQVXOWDHPDJR KWWSZZZLHSKDPJJRY EULQGH[SKSSURJUDPDVHDFRHVSDWULPRQLRFXOWXUDOSURWHJLGREHQVWRPEDGRVGHWDLOVEHQVWRPEDGRVFRQMXQWRGDV UX&$'QDVGHJRQJRVRFR ,QVWLWXWR(VWUDGD5HDO&RQVXOWDHPMXO KWWSZZZLQVWLWXWRHVWUDGDUHDOFRPEU 0RRUH6/ *HRORJ\DQG2UH'HSRVLWVRIWKH$QWRQLRGRV6DQWRV&RQJR6RFRDQG&RQFHLFDRGR5LR$FLPD4XDGUDQJOHV 0LQDV *HUDLV%UD]LO *HRORJLFDO6XUYH\3URIHVVLRQDO3DSHU:DVKLQJWRQSS 1HWR6($YDOLDomR0LQHUR*HRDPELHQWDOGDPLQDGH*RQJR6RFRSDUD¿QVGHGHVFRPLVVLRQDPHQWR ±3URSRVWDV 'LVVHUWDomRGH PHVWUDGR1XJHR±(VFRODGH0LQDV8)232XUR3UHWRSS 2'LUHLWRQR%UDVLO&RORQLDO3DUWH,2%UDVLOSRUWXJXrV&URQRORJLDGRVHYHQWRVHP+LVWyULDGR'LUHLWR&RQVXOWDHP DJR KWWSKLVGLUHLWREORJVSRWSWRGLUHLWRQREUDVLOFRORQLDOSDUWHLKWPO 3RUWDO'LiULRGR$oR&RQVXOWDHPDJR KWWSZZZGLDULRGRDFRFRPEUOHUBQRWLFLDSKS"LG W PLQDGHJRQJRVRFRWHPDWLYLGDGHVHQFHUUDGDV 3URMHWR5XtQDVGH*RQJR6RFR5HODWyULR)LQDOGDV3HVTXLVDV+LVWyULFDH$UTXHROyJLFDY,%DUmRGH&RFDLV6HGHZZZQXJHR XIRSEU,(3+$ 6HFUHWDULD(VWDGXDOGH0HLR$PELHQWHH'HVHQYROYLPHQWR6XVWHQWiYHO6(0$'*RYHUQRGH0LQDV*HUDLV%UDVLO&RQVXOWDHP DJR KWWSZZZPHLRDPELHQWHPJJRYEU HSDUHFHUHVGDV&kPDUDV7pFQLFDV(VSHFLDOL]DGDVGR&RQVHOKRGH0HLR$PELHQWH &23$0&RQVXOWDHPVHW KWWSZZZVHPDGPJJRYEULPDJHVVWRULHVULRGDVYHOKDVUHXQLDRBFYUGBSXSGI 6RXVD/$GD60HPRULDVREUHRGHVFREULPHQWRJRYHUQRSRSXODomRHFRXVDVPDLVQRWiYHLVGD&DSLWDQLDGH*R\D] 5HYLVWD 7ULPHQVDOGH+LVWRULDH*HRJUDSKLDRX-RUQDOGR,QVWLWXWR+LVWyULFRH*HRJUDSKLFR%UDVLOHLUR >HGLomR@ /8,60$16,//$3/$=$<-26(300$7$3(5(//Ï(',725(6  7HL[HLUD-%* 5HFXUVRV0LQHUDLV SS (P*HRORJLDGR%UDVLO<RFLWHUX+DVXLHWDO2UJ%HFD%DOO(GLo}HV6mR 3DXORSS 8KOHLQ$H1RFH&0 2V&UiWRQVHRVVLVWHPDVRURJrQLFRVEUDVLOLDQR (P*HRORJLDGR%UDVLO<RFLWHUX+DVXLHWDO 2UJ6mR3DXOR%HFD%DOO(GLo}HVSS View publication statsView publication stats