Professional Documents
Culture Documents
Anais ABEH Volume 3
Anais ABEH Volume 3
• .
, ..
• •
•
.•/•.---
.
_. _
,,,,,,.,, - ' ...
•
•.
•• • •
�
.•• ..
Organiza�ao
• • Luis Fernando Cerri
• •
•
Juliana Alves Andrade
•
• I ••
•
•
\ ,,
I
A pesquisa no
Ensinaemde Histaria
tempos presentes:
Curricula, aprendizagem
e livra didtitica
�� �
l"!P, �
Universitaria
ABEH daUFRPE
/XLV)HUQDQGR&HUUL
-XOLDQD$OYHV$QGUDGH
*LXYDQHGH6RX]D.OSSHO
RUJV
$3(648,6$(0(16,12'(
+,67Ï5,$(07(0326
35(6(17(6&XUUtFXORV
$SUHQGL]DJHQVH/LYURV'LGiWLFRV
$%(+±8)53(
ϰ
'LUHWRULD$%(+
3UHVLGHQWH/XLV)HUQDQGR&HUUL 8(3*
9LFHSUHVLGHQWD0DULD$SDUHFLGD/LPDGRV6DQWRV 8)06
7HVRXUHLUD9LWyULD$]HYHGRGD)RQVHFD 8)9-0
6HJXQGR7HVRXUHLUR$UQDOGR3LQWR-XQLRU 81,&$03
6HFUHWiULR$XJXVWR5LGVRQGH$UD~MR0LUDQGD 5HGH(VWDGXDOGH(GXFDomR&HDUi
6HJXQGR6HFUHWiULR)HUQDQGRGH$UDXMR3HQQD 8))
&RQVHOKR$%(+
$QGUp9LFWRU&DYDOFDQWL6HDOGD&XQKD 8(51
$UQDOGR0DUWLQ6]ODFKWD-XQLRU 8)3(
&DUROOLQD&DUYDOKR5DPRVGH/LPD 8)%$
&LQWKLD0RQWHLURGH$UDXMR 8)5-
)OiYLD(ORLVD&DLPL 83)
-HDQ&DUORV0RUHQR 8(13
0DUFHOOD$OEDLQH)DULDVGD&RVWD 8)55
0DUFXV/HRQDUGR%RPILP0DUWLQV 8)-)
2VYDOGR0DULRWWR&HUH]HU 81(0$7
:LOLDQ-XQLRU%RQHWH 8)3HO
&RQVHOKR(GLWRULDOGD$%(+
-XOLDQD$OYHVGH$QGUDGH 8)53(
/XLV)HUQDQGR&HUUL 8(3*
1LOWRQ0XOOHW3HUHLUD 8)5*6
1RUPD/~FLDGD6LOYD 8)70
5HQLOVRQ5RVD5LEHLUR 8)07
&RQVHOKR&RQVXOWLYR(GLWRULDOGD$%(+
$Op[LDGH3iGXD)UDQFR 8)8
$QD=DYDOD &/$(+8UXJXDL
$QD0DULD)HUUHLUDGD&RVWD0RQWHLUR 8)5-
$UQDOGR3LQWR-U 81,&$03
)HUQDQGR6HIIQHU 8)5*6
)HUQDQGRGH$UD~MR3HQQD 8))
*RQ]DORGH$Pp]ROD 8175()$UJHQWLQD
*UDFLHOD5XELR 8QLY9DOSDUDtVR&KLOH
0DULVD0DVVRQH 8%$$UJHQWLQD
0DXUR&H]DU&RHOKR 8)3$
2VYDOGR&HUH]HU 81(0$7
5DTXHO$OYDUHQJD6HQD9HQHUD 8QLYLOOH
6DQGUD5HJLQD)HUUHLUDGH2OLYHLUD 8(/
6HEDVWLiQ3Oi 81$00p[LFR
9DOpULD)LOJXHLUDV'DSSHU 8)07
&RPLVVmR&LHQWtILFDGR;,,,(13(+
3URID'UD$Op[LD3iGXD)UDQFR 8)8
3URID'UD$QD0DULD)HUUHLUDGD&RVWD0RQWHLUR 8)5-
3URI'U$QGUH9LFWRU&DYDOFDQWL6HDOGD&XQKD 8(51
3URI'U$UQDOGR3LQWR-XQLRU 81,&$03
ϱ
3URI'U$XJXVWR5LGVRQGH$UD~MR0LUDQGD 6('8&&(
3URI'U&DUORV$QGUp6LOYDGH0RXUD 83(
3URI'U&DUORV$XJXVWR/LPD)HUUHLUD 8()6
3URID'UD&DUROOLQD&DUYDOKR5DPRVGH/LPD 8)%$
3URID'UD&LQWKLD0RQWHLURGH$UD~MR 8)5-
3URID'UD&ULVWLDQL%HUHWDGD6LOYD 8'(6&
3URI'U(ULQDOGR9LFHQWH&DYDOFDQWL 8)3$
3URI'U)HUQDQGRGH$UDXMR3HQQD 8))
3URID'UD)OiYLD(ORLVD&DLPL 83)
3URI'U-HDQ&DUORV0RUHQR 8(13
3URID'UD/DULVVD-DFKHWD5LEHUWL 8)51
3URID'UD0DUFHOOD$OEDLQH)DULDVGD&RVWD 8)55
3URI'U0DUFXV/HRQDUGR%RPILP0DUWLQV 8)-)
3URID'UD0DUJDULGD0DULD'LDV2OLYHLUD 8)51
3URID'UD0DUL]HWH/XFLQL 8)6
3URI'U0DXUR&H]DU&RHOKR 8)3$
3URID'UD5DTXHO$OYDUHQJD6HQD9HQHUD 81,9,//(
3URID'UD9HUHQD$OEHUWL 8(5-
3URID'UD5RVHDQH0DULDGH$PRULP 8)3%
3URID'UD9LWyULD$]HYHGRGD)RQVHFD 8)9-0
3URI'U:LOLDQ&DUORV&LSULDQL%DURP 8)35
3URI'U:LOLDQ-XQLRU%RQHWH 8)3HO
3URMHWR(GLWRULDO
*LXYDQHGH6RX]D.OSSHO
Tayane Ferreira de Almeida
Vários autores.
Bibliografia.
ISBN 978-65-992865-5-1
23-176375 CDD-907
Índices para catálogo sistemático:
6
APRENDIZAGEM HISTÓRICA COMO TRADUÇÃO DE EXPERIÊNCIAS:
UMA INTERFACE ENTRE RELIGIÃO E ENSINO DE HISTÓRIA
Flávio Pereira Bastos..............................................................................136
O CULTIVO DA MEMÓRIA PARA ALÉM DO PRÓPRIO PASSADO: O
MST E O ENSINO DE HISTÓRIA HEGEMÔNICO
Julia Petrato............................................................................................150
HISTÓRIA E CULTURA AFRICANA E AFRO-BRASILEIRA NO PISM:
NARRATIVAS LEGITIMADAS PELO VESTIBULAR DA UFJF
Hiago Gonçalves Dias do Nascimento, Marcus Leonardo Bomfim Martins
................................................................................................................163
O ENSINO DE HISTÓRIA E A LUDICIDADE: A EXPERIÊNCIA DO
GACHA LIFE NA SALA DE AULA DA EDUCAÇÃO BÁSICA
Naicon de Souza Brinco, Maria Aparecida da Silva Cabral....................180
HISTÓRIAS DA ÁFRICA E MEDIEVAL: TEMPORALIDADES
SIGNIFICADAS EM TEXTOS CURRICULARES
Mikayla Grace Werneck, Marcus Bomfim...............................................197
ÉTICA E ENSINO DE HISTÓRIA: ENCONTRANDO-SE COM AS
TROVADORAS DO MEDIEVO
Amanda Gisele Rodrigues......................................................................212
Ensino de História, formação docente e livros didáticos.................................225
“UM OPERÁRIO DO SEU TEMPO”: OS IMPACTOS DA BNCC SOBRE
OS CAPÍTULOS TEÓRICOS DAS OBRAS DIDÁTICAS DO ENSINO
FUNDAMENTAL.
Rafael Schier Granado...........................................................................226
A FORMAÇÃO EM HISTÓRIA E A DISPOSIÇÃO DE MATERIAIS QUE
ENVOLVEM A LEI 10.639/03: PERCEPÇÕES A PARTIR DAS
NARRATIVAS DOS SUJEITOS QUE LIDAM COM O ENSINO DE
HISTÓRIA
Melina Lima Pinotti..................................................................................237
ASPECTOS E DIMENSÕES NA ÉTICA DA DOCÊNCIA
Méris Nelita Fauth Bertin........................................................................254
Práticas docentes em Ensino de História........................................................265
SABERES EM TORNO DA REEDUCAÇÃO DAS RELAÇÕES ÉTNICO-
RACIAIS: LEMBRANÇAS E REFLEXÕES
Júlio César Virgínio da Costa..................................................................266
OS MUSEUS E A SALA DE AULA: UMAANÁLISE DOS LIVROS
DIDÁTICOS
Nathalia Ribeiro Ribeiro, Darcylene Pereira Domingues, Júlia Silveira
Matos......................................................................................................281
7
PATRIMÔNIO PARA O ENSINO DE HISTÓRIA: BENS CULTURAIS
AFRO-BRASILEIRO E A PRÁXIS ANTIRRACISTA
Silvânia de Jesus Pina............................................................................292
NARRATIVAS QUE QUEREM APRENDERENSINAR RELAÇÕES
ÉTNICO-RACIAIS COM OS CORPOS NOS COTIDIANOS DA
EDUCAÇÃO DE JOVENS E ADULTOS
Andreza Cristina Rangel Prevot..............................................................308
8
RpresentatB.a
o tempo próprio da lembrança é o presente: isto é, o único tempo
apropriado para lembrar e, também, o tempo do qual a lembrança se
apodera, tornando-o próprio (SARLO, 2007, p.10).
Esse mesmo tempo, também não nos deixa esquecer que, vivíamos um
momento de epifania no País. Um período de reafirmação do ideário de que os
3RULVVRQD;,,,HGLomRGRHYHQWRDVRVDVVRFLDGDVRVTXHSDUWLFLSDUDP
GD$VVHPEOHLDGR;,,(QFRQWUR1DFLRQDO3HUVSHFWLYDVGR(QVLQRGH+LVWyULDTXH
RFRUUHXRQOLQHRUJDQL]DGRSHOD8)3$HPHOHJHUDPFRPRWHPiWLFDSDUD
(13(+A pesquisa no ensino de história em tempos presentes: tensões e
(re)construçõesWUD]HQGRSDUDRFHQWURGRGHEDWHDVSHFWRVTXHDLQGDVmRSRQWR
GHWHQVmRFRPRDH[SDQVmRGDVIURQWHLUDVHSLVWHPROyJLFDVGDVSHVTXLVDVR
SDVVDGRFRORQLDO UDFLVPR HDHVWUXWXUDGRVFXUUtFXORVEUDVLOHLURVHVWUDWpJLDV
ϭϬ
2(QFRQWUR1DFLRQDOGH3HVTXLVDGRUHVGR(QVLQRGH+LVWyULD±(13(+
pXPHYHQWRTXHWHPVHFRQVROLGDGRFRPRUHIHUrQFLDSDUDDVRV3HVTXLVDGRUHV
GR (QVLQR GH +LVWyULD DR ORQJR GH VXD WUDMHWyULD 'HVGH R SULPHLUR (QFRQWUR
1DFLRQDO GH 3HVTXLVDGRUHV GR (QVLQR GH +LVWyULD HP QD 8QLYHUVLGDGH
)HGHUDO GH 8EHUOkQGLD TXH WHP SRU REMHWLYR FRQJUHJDU SHVTXLVDGRUHV
SURIHVVRUHVXQLYHUVLWiULRVHSyVJUDGXDQGRVSDUDRGHEDWHVREUHR(QVLQRGH
+LVWyULD $V WHPiWLFDV TXH WrP VLGR GHEDWLGDV DR ORQJR GRV ~OWLPRV HYHQWRV
HYLGHQFLDPDVSUHRFXSDo}HVTXHSHUPHLDPR&DPSRGH3HVTXLVDEHPFRPR
UHYHODP D UHFRQILJXUDomR GD SURGXomR GR FRQKHFLPHQWR DWp HQWmR VLWXDGRV
TXDVHTXHH[FOXVLYDPHQWHQDiUHDGHHGXFDomR2HYHQWRYHPSDUDUHDILUPDU
TXH DV iUHDV +LVWyULD H (GXFDomR VH LQWHUSHQHWUDP H LQWHUSHODP DR VHUHP
PRELOL]DGDVQDHIHWLYDomRGRHQVLQRHGDDSUHQGL]DJHPHVFRODUHQmRHVFRODU
GDKLVWyULDHTXHDQWLJDVTXHVW}HVFRPRFRPRRFDPSRGDSHVTXLVDHP(QVLQR
GH+LVWyULDWHPVHFRQVWLWXtGR"4XDLVSHUVSHFWLYDVWHyULFDVH[HUFHPIRUoDVREUH
DVSHVTXLVDVGH(QVLQRGH+LVWyULD"&RPRVHGiDUHODomRHQWUHRVGLIHUHQWHV
DJHQWHV GHVVD FRPXQLGDGH GLVFLSOLQDU" 5$/(-2 0217(,52 &DEH
UHVVDOWDU TXH R (13(+ SDUD DOpP GDV TXHVW}HV SRVWDV SRU XP DQR SyV
SDQGrPLFR EXVFD GLVFXWLU HP WRGDV DV VXDV HGLo}HV R HVWDWXWR FLHQWtILFR GR
FDPSR GD SHVTXLVD HP HQVLQR GH KLVWyULD H WUDoDU XP GLDJUDPD GDV IRUoDV H
VDEHUHV TXH ³FRQVWLWXHP H FRQVWLWXtUDP KLVWRULFDPHQWH HVVD iUHD GR
FRQKHFLPHQWR´ 5$/(-20217(,52S
7UDWDVHGHXPHYHQWRFRQVROLGDGRHPkPELWRQDFLRQDOHLQWHUQDFLRQDO
'HXPHVSDoRSULYLOHJLDGRGHLQWHUORFXomRFLHQWtILFDGHSHVTXLVDGRUHVGRFDPSR
GH (QVLQR GH +LVWyULD QR %UDVLO H TXH WUDGLFLRQDOPHQWH DWUDL SHVTXLVDGRUHV
HVWUDQJHLURVVREUHWXGRGD$PpULFDGR6XOSDUDDGLVFXVVmRGHSHVTXLVDVHP
FXUVRHWURFDGHH[SHULrQFLDV(PQRDQRGD UH UHFRQVWUXomRRHYHQWR
DFRQWHFH SHOD SULPHLUD YH] HP 3HUQDPEXFR FDXVDQGR LPSDFWR QD FLrQFLD
WHFQRORJLDHLQRYDomRSRUFRORFDUHPGLVFXVVmRTXHVW}HVFRPR
ϭϭ
x 3RWHQFLDOLGDGHVGHVDILRVHSHUVSHFWLYDVSDUDDFRQVROLGDomRGD³iUHDGR
HQVLQRGH+LVWyULD´FRPRFDPSRGHFRQKHFLPHQWR
x ,QWHUORFXomRGHSHVTXLVDGRUHVHP(QVLQRGH+LVWyULDVREUHUHIHUHQFLDLV
WHyULFRV H PHWRGROyJLFRV GH SHVTXLVDV HP GHVHQYROYLPHQWR QRV
3URJUDPDV GH 3yV*UDGXDomR HP (GXFDomR HP +LVWyULD H QRV
0HVWUDGRV3URILVVLRQDLVHP(QVLQRGH+LVWyULD
x $UWLFXODomRGH*UXSRVGH3HVTXLVDH/LQKDVGH3HVTXLVDHP(QVLQRGH
+LVWyULDGRV3URJUDPDVGH3yV*UDGXDomRHP(GXFDomRHHP+LVWyULD
TXH UH~QHP SHVTXLVDGRUHV QDV 8QLYHUVLGDGHV EUDVLOHLUDV YROWDGRV SDUD
HVVDWHPiWLFD
x 3ROtWLFDV S~EOLFDV GH RULHQWDomR GH SUiWLFDV FXUULFXODUHV HP (QVLQR GH
+LVWyULDFRPRIRUPDGHUHDILUPDURGLUHLWRDRFRQKHFLPHQWRGRSDVVDGR
SRUWRGRVRVFLGDGmRV
x (VSDoR QDFLRQDO GH GLVFXVVmR VREUH DV IRUPDV FRPR DV GHPDQGDV
VRFLDLVWrPVLGRDERUGDGDVHLQYHVWLJDGDVQDVSHVTXLVDVHPHQVLQRGH
KLVWyULDHUHSHUFXWLGRSDUDDJDUDQWLDHDPSOLDomRGDGHPRFUDWL]DomRGD
HGXFDomR
x 3RVVLELOLGDGHV GH DPSOLDomR GRV SURFHVVRV GH LQWHUQDFLRQDOL]DomR SRU
PHLR GR HVWDEHOHFLPHQWR GH FRQYrQLRV H DFRUGRV GH FRRSHUDomR FRP
SHVTXLVDGRUHVGHRXWURVSDtVHV
x )RUPDomRGHMRYHQVSHVTXLVDGRUHVTXHVHLQWHUHVVDPSHODKLVWyULDHVHX
HQVLQR
x )RUPDomR GH SURIHVVRUHV TXH DWXDP QRV QtYHLV IXQGDPHQWDO PpGLR H
VXSHULRUQRFDPSRGD+LVWyULDHGHVHXHQVLQR
x ,QWHUORFXo}HV TXH SRVVLELOLWHP QRYDV SDUFHULDV GH SHVTXLVD GH kPELWR
QDFLRQDOHLQWHUQDFLRQDO
(QWHQGHPRVTXHR5HFLIHDVVLPFRPRR3HUQDPEXFRDWXDOPHQWHWHP
VLGRXPDGDVIUHQWHVGHH[SDQVmRHFRQVROLGDomRGHSHVTXLVDVDFDGrPLFDVH
FXUVRVGHSyVJUDGXDomRQDiUHDGR(QVLQRGH+LVWyULD2UJDQL]DUXPHYHQWR
GHVVD PDJQLWXGH p XPD RSRUWXQLGDGH GH HVWUHLWDU ODoRV FRP DV GLIHUHQWHV
LQVWLWXLo}HVGHHQVLQRHSHVTXLVDH[LVWHQWHVQRSDtVHQD$PpULFD/DWLQD5HFLIH
FRPR VHGH GR ;,,, (13(+ VLJQLILFRX FRPSURPLVVR FRP D DPSOLDomR GDV
ϭϮ
IURQWHLUDV HSLVWHPROyJLFDV H SROtWLFDV SRLV VH WHP D LQWHQomR GH DJUHJDU DV
LQVWLWXLo}HV GH HQVLQR S~EOLFDV H SULYDGDV GR 1RUGHVWH H 1RUWH GR %UDVLO QD
FRQVWUXomR GH UHIOH[}HV FRQVLVWHQWHV FRHUHQWHV H OHJtYHLV$OpP GD 8)53(
WLYHPRVRDSRLRHDSDUFHULDGD8QLYHUVLGDGH)HGHUDOGH3HUQDPEXFR 8)3(
SRUPHLRGR3URJUDPDGH3yV*UDGXDomRHP+LVWyULDHGR0HVWUDGR3URILVVLRQDO
HP(QVLQRGH+LVWyULD 3URI+LVWyULD HGD8QLYHUVLGDGHGH3HUQDPEXFR 83(
2SUHVHQWHOLYURRIHUHFHDROHLWRUXPHVSDoRGHGLVFXVVmRHUHVLVWrQFLD
2V GLIHUHQWHV HQIRTXHV TXH QRUWHLDP RV GLYHUVRV WUDEDOKRV TXH FRPS}HP D
FROHWkQHD GHPRQVWUDP TXH DV SUiWLFDV GH SHVTXLVD HP (QVLQR GH +LVWyULD
VXEYHUWHPDWUDGLomRHJHUDPWHQVmRQRFDPSR$FROHWkQHDWUD]DVUHIOH[}HV
DSUHVHQWDGDV QR *UXSR GH 3HVTXLVD HP 'LiORJR *3'V HVSDoRV SDUD D
DSUHVHQWDomRHGLVFXVVmRGHSHVTXLVDVFRQFOXtGDVRXHPHVWiJLRDYDQoDGRRX
VHMDXPOXJDUGHWURFDGHH[SHULrQFLDVGHSHVTXLVDVRIHUHFHQGRXPFRQMXQWR
GHWH[WRVSROLI{QLFRVTXHFRQWDFRPXPDGLYHUVLGDGHGHVXMHLWRVH[SHULrQFLDVH
WUDMHWyULDV *RVWDUtDPRV GH GHVWDFDU TXH HVVH HVSDoR GH GLVFXVVmR IRL
UHFRQILJXUDGR'HVGHDSULPHLUDHGLomRRHYHQWRRFRUULDWRWDOPHQWHSUHVHQFLDO
D SDUWLU GH RV HVSDoRV GH GLVFXVVmR VH WRUQDUDP KtEULGRV RQOLQH H RII
OLQH SHUPLWLQGR TXH SHVTXLVDGRUHV DV GH GLIHUHQWHV UHJL}HV GR %UDVLO
SXGHVVHPSDUWLFLSDUUHPRWDPHQWH
1DEXVFDSRUDILUPDomRGR(QVLQRGH+LVWyULDFRPROXJDUGHSURGXomR
GHFRQKHFLPHQWRDSUHVHQWDPRVXPFRQMXQWRGHUHIOH[}HVVLVWHPDWL]DGDVQRV
*3'VRUJDQL]DGRVSDUDRS~EOLFRHPHERRNV1R3ULPHLUR9ROXPHRVWH[WRV
YHUVDPVREUHTXHVW}HVVREUHRDSUHQGHUHHQVLQDUKLVWyULDHPHVSDoRVS~EOLFRV
HPHGLDGRVSHODVPtGLDVGLJLWDLV26HJXQGR9ROXPHWUDWDVREUHDVFKDPDGDV
HSLVWHPRORJLDV GHFRORQLDLV 1R 7HUFHLUR 9ROXPH DV RV OHLWRUDV HV SRGHP
DFRPSDQKDU RV GHEDWHV VREUH FXUUtFXOR DYDOLDomR GD DSUHQGL]DJHP H OLYURV
GLGiWLFRVVHMDPFRPRIRQWHRXREMHWRGHSHVTXLVD3RUILPQR9ROXPHTXDWUR
RVDXWRUHVWUDWDPGDVSUiWLFDVGHSHVTXLVDPRELOL]DGRVSHOR&DPSRHRHVIRUoR
GHGHVHQYROYHUXPDHGXFDomRGHPRFUiWLFD
ϭϯ
SURFHVVRGHHGLWRUDomRGLYXOJDomRHDUHFHSomRSRUSDUWHGRVSHVTXLVDGRUHV
GR(QVLQRGH+LVWyULDSDVVDQGRSHODSUREOHPDWL]DomRGRSURFHVVRGHIRUPDomR
GRV DV SURIHVVRUHV DV GH +LVWyULD DV H[SHULrQFLDV GH VDOD GH DXOD GRV
SURIHVVRUHV IRUPDGRV RV FXUUtFXORV R SURFHVVR GH DYDOLDomR DV RXWUDV
HSLVWHPRORJLDV R FRPSURPLVVR FRP D HGXFDomR GHPRFUiWLFD H R SDSHO GDV
QRYDVWHFQRORJLDV
'HVHMDPRVDWRGRV DV XPDH[FHOHQWHOHLWXUD
5HFLIHH3RQWD*URVVDVHWHPEURGH
5HIHUrQFLD%LEOLRJUiILFD
)5(,5( 3DXOR 3HGDJRJLD GRV 6RQKRV 3RVVtYHLV 6mR 3DXOR 3D] H7HUUD
)5(,5(3DXOR3HGDJRJLDGD(VSHUDQoD8PUHHQFRQWURFRPDSHGDJRJLDGR
RSULPLGR6mR3DXOR3D]H7HUUD
+$1%\XQJ&KXO6RFLHGDGHGR&DQVDoR7UDGXomRGH(QLR3DXOR*LDFKLQL
3HWUySROLV5M9R]HV
5$/(-2$GULDQD0217(,52$QD0DULD 2UJ &DUWRJUDILDVGD3HVTXLVDHP
(QVLQRGH+LVWyULDHG5LRGH-DQHLUR0DXG;
6$5/2%HDWUL]7HPSRSDVVDGR&XOWXUDGD0HPyULDH*XLQDGD6XEMHWLYD
6mR3DXOR&RPSDQKLDGDV/HWUDV3
ϭϰ
&XUUtFXORHGRFrQFLDQRHQVLQRGH
+LVWyULDVXMHLWRVVDEHUHVSUiWLFDV
HQWUHWUDGLo}HVHLQRYDo}HV
(16,1$5($35(1'(5+,67Ï5,$2862'$6/,1*8$*(16
3$5$$('8&$d2%È6,&$
0DULD1DKLU%DWLVWD)HUUHLUD7RUUHV
$VSHFWRV,QWURGXWyULRV
,QLFLDU D UHIOH[mR VREUH DV OLQJXDJHQV XVDGDV SHORV SURIHVVRUHV SDUD R
HQVLQR GH +LVWyULD UHPHWH D UHIOH[mR VREUH D IRUPDomR LQLFLDO EHP FRPR R
FRQWH[WRHPTXHYLYHPRVSURIHVVRUHVVXDVDIOLo}HVFRQIOLWRVVRQKRVHG~YLGDV
1HVVH VHQWLGR H[LVWHP HORV HQWUH D IRUPDomR LQLFLDO DFDGrPLFD H D SUiWLFD
GRFHQWHFRQVWLWXtGDQRFRWLGLDQRGDDomRSURILVVLRQDO
$IRUPDomRGRFHQWHFRQWLQXDVHQGRRFHUQHGRVFXUVRVGHOLFHQFLDWXUD
FRQVLGHUDQGR TXH HVVHV VmR RV OyFXV SULYLOHJLDGRV GH PRELOL]DomR H
VLVWHPDWL]DomR GR FRQKHFLPHQWR SURILVVLRQDO GRFHQWH H TXH IRUPDP RV
SURIHVVRUHVGD(GXFDomR%iVLFD
$IRUPDomRGRSURIHVVRUGH+LVWyULDSDVVRXPXGDQoDVQRVDQRVH
IUXWRGDVSROtWLFDVS~EOLFDVHP(GXFDomR'HVVHPRGRRVSURIHVVRUHVWrP
FRQYLYLGRDRORQJRGRSURFHVVRKLVWyULFRFRPDGHVYDORUL]DomRSURILVVLRQDOQDV
FRQGLo}HVGHWUDEDOKREHPFRPRHPUHODomRjVXDTXDOLILFDomR2VDVSHFWRV
UHODWLYRVjIRUPDomRGRFHQWHVXVFLWDPDVFRPSOH[DVUHODo}HVTXHSHUPHLDPR
WUDEDOKRGRFHQWHHRVGHVDILRVTXHHQYROYHPRHQVLQRGH+LVWyULD$VVLPFDEH
SHUJXQWDU4XDLVDVOLQJXDJHQVXVDGDVSHORVSURIHVVRUHVGH+LVWyULDHPVDODGH
DXOD" &RPR RV SURIHVVRUHV QDUUDP VXDV H[SHULrQFLDV" (VVD SUREOHPiWLFD
LQVWLJDRGHEDWHDFHUFDGDIRUPDomRGRVSURIHVVRUHVGH+LVWyULDMiTXHHOHVWrP
TXHGHVHQYROYHUXPDSUiWLFDGHHQVLQRQDSHUVSHFWLYDGHFRPSUHHQGHUDVDo}HV
IRUPXODGDVSHODVSHVVRDVGHFRQWH[WRVHWHPSRUDOLGDGHVGLIHUHQWHV2REMHWLYR
GRHVWXGRIRLDQDOLVDURXVRGDVOLQJXDJHQVXWLOL]DGDVQRHQVLQRGH+LVWyULD D
SDUWLUGDVQDUUDWLYDVGRVSURIHVVRUHV
1D FRPSRVLomR GR WUDEDOKR HPSUHHQGHPRV XPD GLVFXVVmR VREUH DV
OLQJXDJHQV XWLOL]DGDV SHORV SURIHVVRUHV VXMHLWRV GD SHVTXLVD FRQVLGHUDQGR
'RXWRUD HP (GXFDomR SHOD 8(&( 6HFUHWDULD GD (GXFDomR GR (VWDGR GR &HDUi
QDKLUEWRUUHV#JPDLOFRP
ϭϲ
VHXVUHODWRVVDEHUHVHDSUHQGL]DJHQVUHDOL]DGDVGXUDQWHDVXDWUDMHWyULDGHQWUR
HIRUDGDHVFRODSRLVYLGDWUDEDOKRHIRUPDomRFRQVWLWXHPDFXOWXUDSURILVVLRQDO
GRVSURIHVVRUHV
$ERUGDJHPWHyULFRPHWRGROyJLFD
(VVD SHVTXLVD IRL GH FDUiWHU TXDOLWDWLYR &RPSUHHQGHQGR D SHVTXLVD
TXDOLWDWLYDFRPRDWHQWDWLYDGHLQWHUSUHWDUDUHDOLGDGHTXHHVWiVHQGRHVWXGDGD
UD]mRSRUTXHRSHVTXLVDGRUTXDOLWDWLYRSDUWHGDSUHPLVVDGHTXHRPXQGRVRFLDO
p³UHODWLYR´HVRPHQWHSRGHVHUHQWHQGLGRGHVGHRSRQWRGHYLVWDGRVDJHQWHV
HVWXGDGRV 6$03,(5(&2//$'2/8&,2
1HVVDSHUVSHFWLYDHVWHDUWLJRH[SULPHDERUGDJHPTXDOLWDWLYDYLVWRTXH
VHSURS}HDQDOLVDURXVRGDVOLQJXDJHQVXWLOL]DGDVSDUDRHQVLQRGH+LVWyULDe
XPDSHVTXLVDGHFDPSR %$6726 YLVWRTXHRVGDGRVVmRFROHWDGRVQR
ORFXV RQGH RFRUUHP RV IHQ{PHQRV VRE H[DPH 7HP SRUWDQWR FRPR OXJDU GH
SHVTXLVDGXDVHVFRODVGH(QVLQR0pGLRORFDOL]DGDVQXPDFLGDGHQRLQWHULRUGR
(VWDGR GR &HDUi (VWDV SHUWHQFHP j UHGH S~EOLFD HVWDGXDO XPD GDV TXDLV
IXQFLRQD GHVGH ORFDOL]DGD QD 6HGH GD &LGDGH$ RXWUD HVFROD LQLFLRX R
IXQFLRQDPHQWRHPHHVWiORFDOL]DGDQXP'LVWULWRGHVVH0XQLFtSLR
2FULWpULRGHHVFROKDGRVVXMHLWRVGDSHVTXLVDUHFDLXVREUHRVSURIHVVRUHV
GH +LVWyULD GDV HVFRODV GHVFULWDV H TXH PLQLVWUDP DXODV QR (QVLQR 0pGLR QD
GLVFLSOLQD+LVWyULDWRWDOL]DQGRVHWHFRODERUDGRUHV1RVFULWpULRVGHTXDOLILFDomR
GRVVXMHLWRVIRUDPH[FOXtGRVRVSURIHVVRUHVGH+LVWyULDTXHQmRGHVHQYROYHP
IXQomRGRFHQWHHGHVLQFXPEHPGDJHVWmRRXPLQLVWUDPDXODHPRXWUDGLVFLSOLQD
QD HVFROD 6HQGR DVVLP WRGRV RV SDUWLFLSDQWHV GD SHVTXLVD SRVVXHP
/LFHQFLDWXUDHP+LVWyULDHGHVHQYROYHPIXQomRGRFHQWHQDGLVFLSOLQD+LVWyULDQR
(QVLQR0pGLRSRVVXHPGHTXDWURDDQRVGHGRFrQFLDVHQGRSUHYDOHFHQWHR
WHPSRGHVHLVDQRV6mRHJUHVVRVGHYDULDGDVLQVWLWXLo}HVIRUPDGRUDVS~EOLFDV
H SULYDGDV H GH SHUtRGRV GLVWLQWRV 3DUDUHVJXDUGDU R DQRQLPDWR GRV VXMHLWRV
HOHVQmRIRUDPLGHQWLILFDGRVSHORQRPH8WLOL]DPRVDQRPHQFODWXUDSURIHVVRUD
HRVQ~PHURVHDFUHVFLGRVGH(VFRODH(VFROD
&RPRHVWUDWpJLDSDUDRSHUDUDFROHWDGHGDGRVUHFRUUHPRVjVHQWUHYLVWDV
HHVWDVIRUDPFRQVWLWXtGDVHPWUrVPRPHQWRVSULPHLURDOHLWXUDGR7HUPRGH
ϭϳ
&RQVHQWLPHQWR/LYUHH(VFODUHFLGR7&/(SDUDOHPEUDURSURIHVVRUDFHUFDGRV
REMHWLYRVGDSHVTXLVDHGDVXDSDUWLFLSDomR2VHJXQGRPRPHQWRFRQVLVWLXQD
SUHSDUDomR GRV HQWUHYLVWDGRV PHGLDQWH D H[SOLFDomR DFHUFD GD WHPiWLFD GD
HQWUHYLVWD H D JUDYDomR HP iXGLR H R WHUFHLUR PRPHQWR FRUUHVSRQGHX j
UHDOL]DomR GD HQWUHYLVWD 3RVWHULRUPHQWH DV HQWUHYLVWDV IRUDP YDOLGDGDV SHORV
VHWHFRODERUDGRUHV
$VOLQJXDJHQVXWLOL]DGDVQRHQVLQRGH+LVWyULD
$V FRQFHSo}HV VXJHULGDV SRU ( 3 7KRPSVRQ SRVVLELOLWDP D UHIOH[mR
VREUH RV HVWXGRV GH IRUPDomR GRFHQWH HVSHFLDOPHQWH HP +LVWyULD FRPR
HVFRSR QDV SUiWLFDV GRV SURIHVVRUHV D SDUWLU GR FRQFHLWR GH H[SHULrQFLD
SURGX]LGRSRUHOH
2 TXH GHVFREULPRV HP PLQKD RSLQLmR HVWi QXP WHUPR TXH
IDOWD³H[SHULrQFLDKXPDQD´>@2VKRPHQVHPXOKHUHVWDPEpP
UHWRUQDPFRPRVXMHLWRVGHQWURGHVVHWHUPRQmRFRPRVXMHLWRV
DXW{QRPRV ³LQGLYtGXRV OLYUHV´ PDV FRPR SHVVRDV TXH
H[SHULPHQWDP VXDV VLWXDo}HV H UHODo}HV SURGXWLYDV
GHWHUPLQDGDV FRPR QHFHVVLGDGHV H LQWHUHVVHV H FRPR
DQWDJRQLVPRVHHPVHJXLGD³WUDWDP´HVVDH[SHULrQFLDHPVXD
FRQVFLrQFLDHVXDFXOWXUD>@ 3
,QGDJDPRVRVSURIHVVRUHVDUHVSHLWRjVSUiWLFDVGH+LVWyULDTXHXWLOL]DP
HPVDODGHDXODFRPRLQWXLWRGHLGHQWLILFDUDVH[SHULrQFLDVHPSUHJDGDVHFRP
TXHIUHTXrQFLDHODVVmRDSOLFDGDV2VSURIHVVRUHVUHYHODUDP
$ JHQWH XVD YtGHRV DOpP GR OLYUR 1mR SRGHPRV IXJLU GR OLYUR
GLGiWLFR p XP PDWHULDO TXH Wi DOL H R DOXQR WHP 8VDPRV R
ODERUDWyULRGHLQIRUPiWLFDSUDWHUXPDDXODGLIHUHQFLDGDQDVDOD
GHDXODXWLOL]DPRVRGDWDVKRZWHPDVDODGHPtGLDTXHpRXWUR
HVSDoRTXHXWLOL]DPRVPDVVHSRUH[HPSORDVDODGHPtGLDWLYHU
RFXSDGD D JHQWH QmR SHUGH WHPSR D JHQWH XWLOL]D D VDOD GH
PXOWLPHLRVSRUTXHOiWHPUHYLVWDGHKLVWyULDWHPRXWURVOLYURVGH
KLVWyULDTXHSRGHPVHUWUDEDOKDGRVFRPRDOXQR>@7UDEDOKRD
LPDJHP Mi TXH DV SURYDV GR (1(0 H DV DYDOLDo}HV H[WHUQDV
WUD]HPPXLWRLVVR>@$OJXQVSURIHVVRUHVMiDGTXLULUDPRVHX
SURMHWRU H XWLOL]D VHX SUySULR SURMHWRU H FRPSXWDGRU >@ 1yV
WHPRV R KRUiULR GH SODQHMDPHQWR LQGLYLGXDO H FROHWLYR XPD
VHPDQD p LQGLYLGXDO D RXWUD p FROHWLYD QR SODQHMDPHQWR
LQGLYLGXDO QyV ILFDPRV SUD GHVHQYROYHU DWLYLGDGHV TXH VmR
HVSHFtILFDV H SULQFLSDOPHQWH SUHSDUDPRV DWLYLGDGHV >@ 2
SODQHMDPHQWR FROHWLYR p FRP WRGRV RV SURIHVVRUHV GD iUHD GH
KXPDQDV H D FRRUGHQDomR SHGDJyJLFD Dt DFRQWHFH R
SODQHMDPHQWR GDV Do}HV DYDOLDomR H HQFDPLQKDPHQWRV
352)(6625±(VFROD
ϭϴ
$VSUiWLFDVTXHXWLOL]RVmRDXODVGHFDPSR(XWHQKRXPSURMHWR
GLUHWRUGHWXUPDTXHpVREUHRMRYHPHRPHUFDGRGHWUDEDOKR
>@7UDEDOKR FRP LPDJHQV &RPHFHL D WUDEDOKDU FRP KLVWyULDV
HP TXDGULQKRV Dt HX SDUHL SRU XP WHPSR H GHSRLV IXL SUD
TXHVWmR GH LPDJHQV -i TXH DV SURYDV GR (1(0 H DV
DYDOLDo}HV H[WHUQDV WUD]HP PXLWR LVVR >@ *RVWR PXLWR GH
WUDEDOKDU SURMHWRV>@ 8WLOL]R WDPEpP DV WHFQRORJLDV
VHPLQiULRVHILOPHV>@3UDTXHRDOXQRIDoDDFRQWH[WXDOL]DomR
>@7UDEDOKRRFRQWH~GRGROLYURPDVHXQmRSHJRROLYURHILFR
OHQGROHQGROHQGROHQGRQmR 352)(6625±(VFROD
2UHODWRGHVVHVGRFHQWHVUHYHODDVSUiWLFDVFRWLGLDQDVXWLOL]DGDVHPVDOD
GH DXOD FRPR R XVR GR OLYUR GLGiWLFR GD LPDJHP GDV WHFQRORJLDV DXOD GH
FDPSR SURMHWRV VHPLQiULRV H ILOPHV 2 3URIHVVRU GHVWDFD R SODQHMDPHQWR
LQGLYLGXDO H FROHWLYR R TXH FRQVWLWXL XP PRPHQWR VLJQLILFDWLYR SDUD R WUDEDOKR
GRFHQWH Mi TXH SRVVLELOLWD FRQIRUPH HOD UHODWD ³R SODQHMDPHQWR GDV Do}HV
DYDOLDomR H HQFDPLQKDPHQWRV´ ( R 3URIHVVRU GLIHUHQWHPHQWH GRV GHPDLV
HQWUHYLVWDGRV GHPRQVWUD D QHFHVVLGDGH GD QmR VXMHLomR DR OLYUR GLGiWLFR
GHVWDFDQGR D FRQWH[WXDOL]DomR FRPR XP DVSHFWR SRVLWLYR DR WUDEDOKDU RV
FRQWH~GRVRTXHQRVUHPHWHjWUDMHWyULDGDFRQVWLWXLomRGRHQVLQRGH+LVWyULDH
³SHUFHEHUVXDVSDUWLFXODULGDGHVHDVGHPDQGDVTXHHVWmRQDEDVHGHXPSURMHWR
TXHYHLRDVHWRUQDUFRPXPSDUDDVVRFLHGDGHVPRGHUQDVDQHFHVVLGDGHGH
HQVLQDU KLVWyULD H WRUQiOD SDUWH REULJDWyULD GH XP FXUUtFXOR´ *8,0$5(6
S
$FRQVWLWXLomRGRFDPSRGHHQVLQRGH+LVWyULDQR%UDVLOpDVVLQDODGDSHOD
KLVWRULRJUDILD H VXDV PXGDQoDV EHP FRPR SHORV DVSHFWRV SROtWLFRV H VRFLDLV
PRYLPHQWRTXHRFDVLRQRXPXGDQoDVQRkPELWRHVFRODUHDFDGrPLFR(QWmRDV
H[LJrQFLDV SDUD HQVLQDU +LVWyULD PXGDUDP DR ORQJR GRV DQRV H VXUJLX D
QHFHVVLGDGH GH RXWUDV DSUHQGL]DJHQV SDUD R SURIHVVRU FRPR D LQVHUomR GH
PDWHULDLVRVPHLRVWHFQROyJLFRVQRID]HUSHGDJyJLFRHRFOLPDGHUHQRYDomR
FXUULFXODUSRUPHLRGRV3&1V±3DUkPHWURV&XUULFXODUHV1DFLRQDLVHDWXDOPHQWH
RVHPEDWHVHPWRUQRGD%1&&±%DVH&RPXP&XUULFXODU$VVLPDVOLQJXDJHQV
XWLOL]DGDVSHORVSURIHVVRUHVHPERUDFDUUHJXHPDVPDUFDVGDWUDMHWyULDSHVVRDO
HIRUPDWLYDVmRLQIOXHQFLDGDVWDPEpPSHORFRQWH[WRFRPRUHODWDDSURIHVVRUD
TXH FRPHoRX D WUDEDOKDU FRP D LPDJHP FRQVLGHUDQGR DV H[LJrQFLDV GR
(1(0HGDVDYDOLDo}HVH[WHUQDV(PFHUWDPHGLGDDIRUPDomRHDVOLQJXDJHQV
ϭϵ
ϮϬ
GRPXQLFtSLRHPERUDDHVFRODSHUWHQoDjUHGHHVWDGXDOWXGR
TXH YRFr TXHU WHP TXH SHGLU HPSUHVWDGR HQWmR VmR PXLWDV
GLILFXOGDGHV>@ 352)(6625±(VFROD
Ϯϭ
SHUFHEHUQRHQWDQWRTXH³ROLYURGLGiWLFRpDQWHVGHWXGRXPDPHUFDGRULDXP
SURGXWRGRPXQGRGDHGLomRTXHREHGHFHjHYROXomRGDVWpFQLFDVGHIDEULFDomR
H FRPHUFLDOL]DomR SHUWHQFHQWHV DR PHUFDGR´ %,77(1&2857 S
6REUHDFRPSOH[LGDGHGROLYURGLGiWLFR0LFKHO$SSOH S PHQFLRQD
(OHVVmRDRPHVPRWHPSRUHVXOWDGRGHDWLYLGDGHVSROtWLFDVHFRQ{PLFDV
HFXOWXUDLVGHOXWDVHFRQFHVV}HV(OHVVmRFRQFHELGRVSURMHWDGRVHHVFULWRVSRU
SHVVRDV UHDLV FRP LQWHUHVVHV UHDLV (OHV VmR SXEOLFDGRV GHQWUR GRV OLPLWHV
SROtWLFRVHHFRQ{PLFRVGHPHUFDGRVUHFXUVRVHSRGHU(RTXHVLJQLILFDPROLYUR
HVHXXVRHQYROYHGLVSXWDVHPFRPXQLGDGHVFRPFRPSURPLVVRVHYLGHQWHPHQWH
GLIHUHQWHVHWDPEpPHQWUHSURIHVVRUHVDVHDOXQRVDV
2GHVHQYROYLPHQWRGRSHUFXUVRGRVPDQXDLVGLGiWLFRVRFRUUHGHPDQHLUD
GLIHUHQWH GRV OLYURV HP JHUDO FRPR DOXGH R DXWRU DFHUFD GR VHX SDSHO FRPR
SURGXWRHYHtFXORGHOXWDVHFRQFHVV}HVEHPFRPRRHQYROYLPHQWRGHVXMHLWRV
GLYHUVRV
1DV SUiWLFDV GHVHQYROYLGDV SHORV SURIHVVRUHV R WUDEDOKR GH JUXSR
SURMHWRVHXVRGHLPDJHPpSRXFRPHQFLRQDGRQRHQWDQWRWRGRVVHUHSRUWDP
DRHPSUHJRGROLYURGLGiWLFRSRLVpQHOHTXHRVSURIHVVRUHVVHLQVSLUDPSDUD
UHDOL]DUDWLYLGDGHVHGHVHQYROYHURHQVLQRGH+LVWyULD'HDFRUGRFRP$QD0DULD
0RQWHLUR DV H[SHULrQFLDV H RV VDEHUHV GRV SURIHVVRUHV GH +LVWyULD
LQIOXHQFLDP VREUHPDQHLUD VXDV HVFROKDV QDV SUiWLFDV GRFHQWHV $VVLP DV
YLYrQFLDVVXDWUDMHWyULDSHVVRDOHRVVDEHUHVDOFDQoDGRVLQIOXHQFLDPDVSUiWLFDV
DGRWDGDVHPVDODGHDXOD
+iGHVHFRQVLGHUDUDLQGDDVPXGDQoDVGHVHQYROYLGDVFRPRDGYHQWR
GRV$QQDOHVPRYLPHQWRKLVWRULRJUiILFRVXUJLGRHP)UDQoDGXUDQWHDSULPHLUD
PHWDGHGRVpFXOR;; %85.( TXHEXVFDYDHQWHQGHUDVRFLHGDGHHDV
PDQHLUDV GH VRFLDELOLGDGHV HQWUH RV VHUHV KXPDQRV TXH RV GLVWLQJXHP SRU
VHUHPVHUHVVRFLDLV$VVLPD +LVWyULDIRLDVVXPLQGRRHVWXGRGHSUREOHPDVGR
VRFLDOHDRVSRXFRVGHL[DQGRGHVHUXPDGLVFLSOLQDSUHRFXSDGDVRPHQWHFRP
RV PHDQGURV SROtWLFRV (VVH PRYLPHQWR SUHSDURX SRUWDQWR PXGDQoDV
VLJQLILFDWLYDV QD FRPSUHHQVmR GD GLVFLSOLQD H GR SDSHO GR KLVWRULDGRU (VVDV
PXGDQoDV LQIOXHQFLDUDP D KLVWyULD FXOWXUDO IL]HUDP DSDUHFHU D KLVWyULD GDV
PHQWDOLGDGHV GDV VHQVLELOLGDGHV H DWp PHVPR D PLFUR+LVWyULD 5HVWRX
ϮϮ
DPSOLDGR HQWmR R HVSDoR GD +LVWyULD D QDUUDomR GHL[RX GH VHU OLQHDU RV
HYHQWRV SROtWLFRV GHL[DUDP GH VHU SULYLOHJLDGRV H VH DODUJRX D FRQFHSomR GH
GRFXPHQWR $VVLP D (VFROD GRV $QQDOHV SRVVLELOLWRX DR KLVWRULDGRU GH KRMH
EXVFDU IRQWHV YDULDGDV GH RULJHQV GLYHUVLILFDGDV TXH UHYHOHP RV YiULRV
DVSHFWRV GDV PDQLIHVWDo}HV KXPDQDV SRVVLELOLWDQGR D DSUR[LPDomR FRP R
REMHWRLQYHVWLJDGR
&RP D 1RYD +LVWyULD FRUUHQWH KLVWRULRJUiILFD VXUJLGD QRV DQRV H
FRUUHVSRQGHQWHjWHUFHLUDJHUDomRGDFKDPDGD(VFRODGRV$QQDOHV6HXQRPH
GHULYRXGDSXEOLFDomRGDREUD)D]HUD+LVWyULDHPWUrVYROXPHVRUJDQL]DGD
SHORVKLVWRULyJUDIRV-DFTXHV/H*RIIH3LHUUH1RUDVHXVSULQFLSDLVH[SRHQWHVQD
)UDQoDeDKLVWyULDDVVRFLDGDjeFROHGH$QQDOHVDJUXSDGDHPWRUQRGD5HYLVWD
$QQDOHVpFRQRPLHVVRFLHWpVFLYLOL]DWLRQV
$VVLPIRUDPHPSUHJDGDVPXGDQoDVWHyULFRPHWRGROyJLFDVQRMHLWRGH
FRQFHEHUD+LVWyULDQRLPSOHPHQWRGDKLVWyULDSUREOHPD$H[SUHVVmR³+LVWyULD
1RYD´RX³1RYD+LVWyULD´FRPRSURSRVWDWHyULFDDIORURXGHDFRUGRFRP3HWHU
%XUNH MXQWDPHQWH FRP D IXQGDomR GD UHYLVWD$QQDOHV FULDGD SDUD ³SURPRYHU
XPDQRYDHVSpFLHGH+LVWyULD´ %85.(S 1RFRQWH[WRLQYHVWLJDGR
FRH[LVWHP PRGRV GLVWLQWRV GH SHQVDU H HQVLQDU D +LVWyULD UHIOHWLGRV QDV IDODV
GRV SURIHVVRUHV TXDQGR VH SRVLFLRQDP D UHVSHLWR GR XVR OLYUR GLGiWLFR QDV
DXODV
23URIHVVRUVHUHSRUWDDRXVRGROLYURGLGiWLFRDOLDGRDRHPSUHJRGH
RXWURVPDWHULDLVFRPRMRUQDLVHUHYLVWDVDUHDOL]DomRGHGHEDWHVHH[HUFtFLRGD
FULDWLYLGDGH FRPR PHLRV GH HQIUHQWDU ³D UHDOLGDGH TXH QmR WHP WDQWD FRLVD D
RIHUHFHU´(PXPDQDUUDWLYDGHVHPHOKDQWHWHRUD3URIHVVRUDUHODWDDIDOWD
GH PDWHULDLV H GHQXQFLD R GLVWDQFLDPHQWR GD IRUPDomR DFDGrPLFD FRP D
VLWXDomRUHDOGHHQVLQRHQIUHQWDGDQDHVFRODQDUHDOLGDGHHGXFDFLRQDOEUDVLOHLUD
TXDQGRH[SUHVVDDLGHLDGHTXH³QDIDFXOGDGHRVSURIHVVRUHVWUDEDOKDPFRPR
VH JHQWH IRVVH SDUD XPD HVFROD HVWUXWXUDGD RV DOXQRV FRP WDEOHWH QD PmR´
(PERUDRQtYHOGHFRQVXPRWHQKDDXPHQWDGRHQWUHDVFDPDGDVSRSXODUHVp
LPSRUWDQWHOHPEUDUTXHDVPXGDQoDVQmRRFRUUHPDRPHVPRULWPRHPWRGRVRV
OXJDUHV VHQGR SRVVtYHO HQFRQWUDU YDULDGDV VLWXDo}HV GH DFHVVR DRV EHQV GH
FRQVXPRHGLYHUVDVHVWUXWXUDVHVFRODUHV
Ϯϯ
eLQWUtQVHFRjSUiWLFDGRFHQWHQRHQWDQWRRHQIUHQWDPHQWRGHVLWXDo}HV
GHVDILDGRUDV 1R TXH FRQFHUQH DRV SURIHVVRUHV GH +LVWyULD WDPEpP QmR p
GLIHUHQWH e FRP EDVH QDV H[SHULrQFLDV SHVVRDLV H SURILVVLRQDLV TXH RV
SURIHVVRUHV DR YLYHQFLDUHP GLILFXOGDGHV EXVFDP RV FDPLQKRV H FULDP DV
VROXo}HV FRPR UHFRUUHU D OLYURV UHYLVWDV MRUQDLV UHWURSURMHWRU PXOWLPtGLD
HPSUHVWDGRV FRPR UHODWDP RV SURIHVVRUHV H 3RU HVVD UD]mR p WmR
LPSRUWDQWH FRQKHFHU RV SHUFXUVRV GH IRUPDomR DV OLQJXDJHQV XWLOL]DGDV SDUD
HQVLQDU +LVWyULD VDEHUHV FUHQoDV H YDORUHV HP TXH RV GRFHQWHV DPSDUDP D
VXDSUiWLFDSHGDJyJLFDQRHQIUHQWDPHQWRGHVHXVGHVFRQIRUWRVGHVHQFRQWURV
FRWLGLDQRVHPVDODGHDXODQDEXVFDGHVROXo}HV&RPHIHLWRDVFRQGLo}HVGH
WUDEDOKR SUHFiULDV DV FRQWUDGLo}HV HQIUHQWDGDV H DV VLWXDo}HV OLPLWDGRUDV
LQFLWDP H PRYLPHQWDP DV HPRo}HV RV GHVHMRV H D YRQWDGH GR SURIHVVRU GH
PRGLILFDU D UHDOLGDGH GLItFLO HP TXH WUDEDOKD UHVSRQGHQGR DVVLP jV
QHFHVVLGDGHV
&RQVLGHUDo}HV)LQDLV
&RPDUHDOL]DomRGHVWHWUDEDOKRHPWRUQRGDVOLQJXDJHQVXWLOL]DGDVQRHQVLQR
GH +LVWyULD WHQFLRQDPRV RIHUHFHU DOJXPDV FRQWULEXLo}HV SDUD R GHEDWH DFHUFD GD
IRUPDomRGRFHQWHSDUDRHQVLQRGH+LVWyULDGRVGHVDILRVHQIUHQWDGRVSHORVSURIHVVRUHV
QRH[HUFtFLRGDGRFrQFLDQR(QVLQR0pGLR2UHVXOWDGRGDSHVTXLVDUHYHORXTXHHQWUH
DVOLQJXDJHQVXWLOL]DGDVHPVDODGHDXODHVWmRRXVRGROLYURGLGiWLFRGDLPDJHPGDV
WHFQRORJLDVDXODGHFDPSRSURMHWRVVHPLQiULRVHILOPHV(YLGHQFLDPRVQDVSUiWLFDV
GHVHQYROYLGDVSHORVSURIHVVRUHVDLGHLDGHTXHRWUDEDOKRGHJUXSRFRPSURMHWRVHXVR
GHLPDJHPXWLOL]DSRXFRHVVHVPHLRVHROLYURGLGiWLFRpEDVWDQWHHPSUHJDGRVHQGR
QHOHTXHRVSURIHVVRUHVVHLQVSLUDPSDUDUHDOL]DUDWLYLGDGHVHGHVHQYROYHURHQVLQRGH
+LVWyULD 0HVPR TXDQGR XWLOL]DP RXWUD OLQJXDJHP FRPR SRU H[HPSOR XP ILOPH WDO
VXFHGHSRUVXJHVWmRGROLYURGLGiWLFR3RGHPRVFRQVWDWDUDUHOHYkQFLDGROLYURGLGiWLFR
QDV SUiWLFDV GRV SURIHVVRUHV TXH JHUDOPHQWH VmR FRQVXPLGRUHV GRV H[HUFtFLRV
VXJHULGRVSHORVDXWRUHVGRVOLYURVVHMDSHODOLPLWDomRIRUPDWLYDRXSHODVFRQGLo}HVGH
WUDEDOKR
2 XVR GDV OLQJXDJHQV QR HQVLQR GH +LVWyULD QRV UHPHWH DV QDUUDWLYDV GR
SURIHVVRUHV EHP FRPR VHXV VDEHUHV H H[SHULrQFLDV VXD IRUPDomR H R FRQWH[WRHP
TXH DWXDP SDUD GHVHQYROYHU R VHX HQVLQR QmR WHPRV SRUWDQWR FRPR HVFRSR
GHVDFHUWRVPDVFRPRDHStJUDIHDQRWDGDQRLQtFLRGHVWHWH[WRWHPSRWHPSRWHPSR
Ϯϰ
WHPSR QXP RXWUR QtYHO GH YtQFXOR 6mR SRVVtYHLV RXWURV FDPLQKRV SDUD HQVLQDU H
DSUHQGHU+LVWyULD
5HIHUrQFLDV
$33/(0LFKDHO:&RQKHFLPHQWRRILFLDODHGXFDomRGHPRFUiWLFDQXPDHUD
FRQVHUYDGRUD3HWUySROLV9R]HV
%$67265RJpULR/XVWRVD&LrQFLDVKXPDQDVHFRPSOH[LGDGHVSURMHWRV
PpWRGRVHWpFQLFDVGHSHVTXLVDRFDRVDQRYDFLrQFLD5LRGH-DQHLUR(
SDSHUV
%,77(1&2857&LUFH0DULD)HUQDQGHV/LYURVGLGiWLFRVHQWUHWH[WRVH
LPDJHQV,Q2VDEHUKLVWyULFRQDVDODGHDXOD6mR3DXOR&RQWH[WRHG
S
%85.(3HWHU$(VFRODGRV$QQDOHV D5HYROXomR)UDQFHVDGD
KLVWRULRJUDILD6mR3DXOR(GGD81(63
)216(&$7KDtV1tYLDGH/LPD2OLYURGLGiWLFRQDVDODGHDXODSRVVLELOLGDGHV
SDUDDSUiWLFDGRHQVLQRGHKLVWyULD&DGHUQRGR3URIHVVRU%HOR+RUL]RQWH
QSRXW
*8,0$5(60DQRHO/XL]6DOJDGR(VFULWDGD+LVWyULDHHQVLQRGD+LVWyULD
WHQV}HVHSDUDGR[RV,Q52&+$+HOHQLFHHWDO$HVFULWDGDKLVWyULDHVFRODU
PHPyULDHKLVWRULRJUDILD5LRGH-DQHLUR(G)*9S
0217(,52$QD0DULD)RUPDomRGHSURMHWRVHQWUHGHPDQGDVHSURMHWRV2
OXJDUGDIRUPDomRGRVSURIHVVRUHVQRVFXUVRVGH+LVWyULD5HYLVWD+LVWyULD
+RMHYROQLVVQ$138+%UDVLOSD
6$03,(5,5REHUWR+HUQDQGH]&2//$'2&DUORV)HUQDQGHV/8&,20DULD
GHO3LODU%DSWLVWD0HWRGRORJLDGHSHVTXLVDHG6mR3DXOR0F*UDZ+LOO
,QWHUDPHULFDQDGR%UDVLO/WGD
7+203621(3$PLVpULDGDWHRULDRXXPSODQHWiULRGHHUURV5LRGH
-DQHLUR=DKDU(GLWRUHV
Ϯϱ
&855Ë&8/2(16,12'(+,67Ï5,$(3(563(&7,9$'(
*Ç1(52'(%$7(662%5($)250$d2,1,&,$/'2&(17(
(03(51$0%8&2
5DTXHO&RVWD$QWDV
,QWURGXomR
2 SUHVHQWH WUDEDOKR REMHWLYD DSUHVHQWDU XPD SHVTXLVD DLQGD HP
GHVHQYROYLPHQWR YLQFXODGD DR FXUVR GH GRXWRUDGR GR 3URJUDPD GH 3yV
JUDGXDomRHP+LVWyULDGD8QLYHUVLGDGH)HGHUDO5XUDOGH3HUQDPEXFRQDOLQKD
GHHQVLQRGHKLVWyULDFXMRREMHWLYRpFRPSUHHQGHUFRPRRFDPSRGHHVWXGRVGH
JrQHURWHPVHPDWHULDOL]DGRHPFXUUtFXORVGHFXUVRVGH/LFHQFLDWXUDHP+LVWyULD
QR HVWDGR GH 3HUQDPEXFR $ SDUWLU GD UHIHULGD SHVTXLVD DSUHVHQWDUHPRV XP
EUHYH GHEDWH D UHVSHLWR GD UHOHYkQFLD GR FDPSR GH HVWXGRV GH JrQHUR QR
FXUUtFXORGHKLVWyULD
'HVVDIRUPDLQLFLDPRVRWH[WRGHVWDFDQGRTXHSDUWLPRVGDFRPSUHHQVmR
GHTXHDHVFRODpXPHVSDoRS~EOLFRHTXHQmRGHYHVHUYLUDRVLQWHUHVVHVGH
GHWHUPLQDGRVJUXSRVVRFLDLVKHJHP{QLFRVUHVSHLWDQGRSULQFtSLRVTXHYLVDPD
HTXLGDGH(QWHQGHPRVDHVFRODFRPRXPHVSDoRGHDSUHQGL]DGRSDUDDYLGD
S~EOLFD RQGH GLIHUHQWHV JUXSRV GH RSLQL}HV GLYHUVDV GHYHP GHVHQYROYHU D
FDSDFLGDGHGHFRQYLYrQFLDPHVPRTXHKDMDFRQIOLWRVHGLYHUJrQFLDV
)HUQDQGR 6HIIQHU H <DUD 3LFFKHWWL FRPSUHHQGHP TXH D HVFROD
DEUDQJHGXDVGLPHQV}HVEiVLFDVGDHGXFDomRS~EOLFDDDOIDEHWL]DomRFLHQWtILFD
HDIRUPDomRFLGDGm&RPSDFWXDPRVFRPHVVHSHQVDPHQWRHHQWHQGHPRVTXH
DHVFRODpXPORFDOGHUHIOH[mRDWHPDVOLJDGRVDGLUHLWRVLQGLYLGXDLVHFROHWLYRV
j GLYHUVLGDGH j SOXUDOLGDGH DR FRPEDWH D SUHFRQFHLWRV H HVWUXWXUDV GH
GRPLQDomRFRPRRPDFKLVPRRUDFLVPRDKHWHURQRUPDWLYLGDGHFRPSXOVyULDH
DVVLPSRUGLDQWH
(QWUHWDQWRFRPSUHHQGHPRVTXHRSURFHVVRGHDOIDEHWL]DomRFLHQWtILFD
FRPRHOHQFDGRSRU6HIIQHUH3LFFKHWWLGHYHTXHVWLRQDURTXHIRLQDWXUDOL]DGRH
'RXWRUDQGDHP+LVWyULD0HVWUDHP(GXFDomR,)3(8)53(UDTXHOFRVWD#HDGLISHHGXEU
Ϯϲ
Ϯϳ
Ϯϴ
VXSHULRUDSDUWLUGDVSULPHLUDVGpFDGDVGRVpFXOR;;,FRPRIRUWDOHFLPHQWRGH
Do}HVDILUPDWLYDV
3DUD/XL])HUQDQGHVGH2OLYHLUD
1DPHGLGDHPTXHRVPRYLPHQWRVVRFLDLVVHSRVLFLRQDPHVH
DILUPDP FRPR H[LVWHQWHV R FDPSR GR FRQKHFLPHQWR
KHJHP{QLFR p SRVWR D SURYD H QmR Ki PDLV FRPR QHJDU D
SUHVHQoDGDVPXOKHUHVGRVMRYHQVGDVSHULIHULDVGRVQHJURV
GRV KRPRVVH[XDLV GRV WUDEDOKDGRUHV GR FDPSR HWF QDV
GLYHUVDV XQLYHUVLGDGHV EUDVLOHLUDV (P PRYLPHQWR HVVHV
VXMHLWRV DQXQFLDP TXH H[LVWHP RXWUDV IRUPDV GH SHQVDU R
PXQGR RXWUDV IRUPDV GH SURMHWDU D YLGD H TXH p QHFHVViULR
UHRUJDQL]DU D FRQGLomR KXPDQD VXSHUDQGR D FRQGLomR VXE
KXPDQD 2/,9(,5$S
1DSURGXomRGRFRQKHFLPHQWRDFDGrPLFRHSLVWHPRORJLDVRXWUDVWDPEpP
IRUDPGHVHQYROYLGDVDILPGHURPSHUDSHUVSHFWLYDHXURFrQWULFDHKHJHP{QLFD
TXH PDUFD D SURGXomR GR FRQKHFLPHQWR H TXH FDUDFWHUL]D D FRQVWUXomR GD
KLVWyULD~QLFD(VVHGHVORFDPHQWRGHSHUVSHFWLYDDDEHUWXUDGHQRYRVROKDUHV
VXMHLWRV H IRQWHV GLYHUVLILFDGDV FRQVWLWXHP R TXH :DOWHU 0LJQROR QRPHLD GH
GHVREHGLrQFLD HSLVWrPLFD FDUDFWHUL]DGD SHOR IRPHQWR GD DTXLVLomR GH status
FLHQWtILFR D SHQVDPHQWRV QmR KHJHP{QLFRV TXH QmR VH FXUYDP D KLHUDUTXLDV
HVWDEHOHFLGDVSHORSHQVDPHQWRRFLGHQWDOHXURFrQWULFR $SXG2/,9(,5$
(VVDVTXHVW}HVVmRUHOHYDQWHVSDUDRFXUUtFXORGRHQVLQRGHKLVWyULDH
LQWHUIHUHP GLUHWDPHQWH QD FRQVWUXomR GHVVH FRQKHFLPHQWR &RPR DILUPD
)RQVHFD SDUD VH HQWHQGHU D FRPSOH[LGDGH GDV UHODo}HV SUHVHQWHV QD
HVFRODpLPSUHVFLQGtYHOFRPSUHHQGrODVDSDUWLUGHUHSUHVHQWDo}HVSROtWLFDVGR
LPDJLQiULR GRV LQWHUHVVHV GDV GLVSXWDV H GDV UHIHUrQFLDV FXOWXUDLV TXH HVWmR
SUHVHQWHVQDVDo}HVGRVVXMHLWRVHQYROYLGRV9DOHGHVWDFDUTXHDXWLOL]DomRGD
FDWHJRULDJrQHURSRUKLVWRULDGRUDVHVQDSURGXomRGDGLVFLSOLQDKLVWyULDDVVLP
FRPR VHX XVR QR VDEHU HVFRODU DWUDYpV GH FXUUtFXORV SUiWLFDV H UHFXUVRV
GLGiWLFRVTXHLQFOXDPDSHUVSHFWLYDGHJrQHURpDOJRTXHWHPJDQKDGRPXLWD
YLVLELOLGDGHDRORQJRGRVpFXOR;;,9HMDPRVDVHJXLUFRPRHVVHVGHEDWHVWrP
HPHUJLGRQDFRQVWUXomRGHFXUUtFXORVQRHQVLQRGHKLVWyULD
&XUUtFXORH(QVLQRGH+LVWyULD
eLPSRUWDQWHUHVVDOWDUTXHRVDEHUHVFRODUQmRpXPDPHUDWUDQVSRVLomR
GRVFRQKHFLPHQWRVSURGX]LGRVSHODGLVFLSOLQDKLVWyULDQDDFDGHPLDPDVGHYH
Ϯϵ
ϯϬ
ϯϭ
ϯϮ
RVHVWXGRVGHJrQHURVmRXWLOL]DGRVSDUDGHVLJQDUFRQVWUXo}HVVRFLRFXOWXUDLVD
SDUWLUGHFRUSRVVH[XDGRVLPSXWDQGROKHVGLIHUHQoDVGHVGHRQDVFLPHQWR
(VVHV GHEDWHV KLVWRULRJUiILFRV GLDORJDP FRP RV DSRUWHV WHyULFRV GD
KLVWyULD FXOWXUDO H WDPEpP VH ID]HP SUHVHQWHV QRV VDEHUHV UHODFLRQDGRV DR
HQVLQRGHKLVWyULDWUD]HQGRQRYDVSHUVSHFWLYDVHURPSHQGRFRPLGHLDVTXHVH
OLPLWDPDSHQViORDSHQDVDSDUWLUGHPpWRGRV2XVHMDSHUVSHFWLYDVWHyULFDVGD
KLVWyULDFXOWXUDOFRQWULEXtUDPSDUDDDPSOLDomRGDFRPSUHHQVmRGRTXHFDEHDR
HQVLQR GH KLVWyULD SDVVDQGR D GHEDWHU DV WHPiWLFDV H QDUUDWLYDV GLDORJDQGR
PDLVLQWULQVHFDPHQWHFRPDKLVWRULRJUDILDHDWHRULDGDKLVWyULD
$ XWLOL]DomR GD FDWHJRULD JrQHUR SRU KLVWRULDGRUDVHV QD SURGXomR GD
GLVFLSOLQDKLVWyULDpDOJRTXHMiSRVVXLUHFRQKHFLPHQWRHFRQVROLGDomRWHQGRHP
YLVWDRDXPHQWRGHSHVTXLVDVDFULDomRGRJUXSRGHWUDEDOKRQD$138+HR
VXUJLPHQWR GH OLQKDV GH SHVTXLVDV GLUHFLRQDGDV SDUD HVWDV WHPiWLFDV HP
SURJUDPDV GH SyVJUDGXDomR SRU WRGR R %UDVLO 1R FDPSR GD HGXFDomR HVWD
GLVFXVVmRWDPEpPHVWiEDVWDQWHVyOLGDFRPXPDDPSODSURGXomRDFDGrPLFD
FRPDFRQVROLGDomRGR*UXSRGH7UDEDOKRGD$13(G *rQHUR(GXFDomRH
6H[XDOLGDGH WDPEpP FRP R GHEDWH H DWXDomR QD FRQVWUXomR GH SROtWLFDV
S~EOLFDVHGXFDFLRQDLVHFRPVHX XVRQRVDEHUHVFRODU DWUDYpVGHFXUUtFXORV
SUiWLFDVHUHFXUVRVGLGiWLFRVTXHDJUHJDPHVWDSHUVSHFWLYD 1RTXHVHUHIHUH
DR HQVLQR GH KLVWyULD HVWH GHEDWH WHP JDQKDGR FDGD YH] PDLV IRUoD GHYLGR
VREUHWXGRDGHPDQGDVGHJUXSRVVRFLDLVDWpHQWmRVLOHQFLDGRV
'HVVDIRUPDRTXHPRWLYRXDSURSRVWDGHVWDSHVTXLVDTXHDLQGDHVWi
HPIDVHLQLFLDOIRLDQDOLVDURDWXDOFHQiULRGHSROtWLFDVHGXFDFLRQDLVHDIRUPDomR
GHIXWXUDVRVSURIHVVRUDVHVGHVWDGLVFLSOLQDQRTXHVHUHIHUHjVWHPiWLFDVGH
JrQHUR D ILP GH FRPSUHHQGHUPRV HP TXH PHGLGD R FDPSR GH HVWXGRV GH
JrQHURWHPVHPDWHULDOL]DGRQDIRUPDomRLQLFLDOGRFHQWHHPKLVWyULD
3DUD R GHVHQYROYLPHQWR GD SHVTXLVD RSWDPRV SRU XWLOL]DU FRPR locus
GXDV LQVWLWXLo}HV GH HQVLQR VXSHULRU VLWXDGDV QD FLGDGH GR 5HFLIH )RUDP
HVFROKLGDV D 8QLYHUVLGDGH )HGHUDO GH 3HUQDPEXFR 8)3( H D 8QLYHUVLGDGH
)HGHUDO 5XUDO GH 3HUQDPEXFR 8)53( DPEDV LQVWLWXLo}HV FRP VLJQLILFDWLYR
$VVRFLDomR1DFLRQDOGH+LVWyULD
$VVRFLDomR1DFLRQDOGH3yV*UDGXDomRH3HVTXLVDHP(GXFDomR
ϯϯ
ϯϰ
ϯϱ
UDoD DR ORQJR GR WHPSR KLVWyULFR FRPR WDPEpP WUD]HU SDUD D QDUUDWLYD
KLVWyULFDYR]HVGHVXMHLWRVLQYLVLELOL]DGRV
0DVPDLVGRTXHLVVR$RFRPSUHHQGHUUDoDHJrQHURHVH[XDOLGDGHFRPR
HOHPHQWRVFRQVWLWXLQWHVGRVVXMHLWRVKLVWyULFRVpUHOHYDQWHWHUDFLrQFLDGHTXH
RV OXJDUHV TXH RV FRQKHFLPHQWRV VmR FRQVWUXtGRV VHMD QD DFDGHPLD RX QD
SUySULD HVFROD FRP VHXV FXUUtFXORV H SUiWLFDV VmR WDPEpP HVSDoRV
JHQHULILFDGRVHUDFLDOL]DGRV
'HVVD IRUPD DSHQDV LQFRUSRUDU QRV FXUUtFXORV LQIRUPDo}HV VREUH DV
DWXDo}HVGHPXOKHUHVQHJUDVRVLQGtJHQDVHRXWURVVXMHLWRVLQYLVLELOL]DGRVSHOD
QDUUDWLYD KLVWyULFD WUDGLFLRQDO QRV SURFHVVRV KLVWyULFRV DSHVDU GD VXD
IXQGDPHQWDOLPSRUWkQFLDQmRpVXILFLHQWHeQHFHVViULRSUREOHPDWL]DUIRQWHVH
UHFXUVRV GLGiWLFRV D ILP GH GHVFRQVWUXLU HVWHUHyWLSRV GH JrQHUR UDoD H
VH[XDOLGDGHSRVVLELOLWDQGRDLQVHUomRGHRXWUDVDERUGDJHQVFRPRDVYLYrQFLDV
H KLVWyULDV SDUD DOpP GDV HVWUXWXUDV GR DQGURFHQWULVPR GD
FLVKHWHURQRUPDWLYLGDGH H GD EUDQTXLWXGH 2X VHMD p QHFHVViULR LQFOXLU
FRQKHFLPHQWRV TXH URPSDP FRP R HXURFHQWULVPR H VXD HSLVWHPRORJLD
GRPLQDQWH HHVWUXWXUDVGHH[FOXVmRH[SORUDomRKLHUDUTXL]DomRSUHVHQWHVQDV
EDVHVGDPRGHUQLGDGHHFRORQLDOLGDGH
5HIHUrQFLDV
$552<20LJXHO*&XUUtFXOR7HUULWyULRHP'LVSXWDHG3HWUySROLV5-
9R]HV
%$5',1/DXUHQFH$QiOLVHGH&RQWH~GR7UDGXomR/XtV$QWHUR5HWR
$XJXVWR3LQKHLUR6mR3DXOR(GLo}HV
%85.(3HWHU2TXHpKLVWyULDFXOWXUDO"7UDGXomR6pUJLR*RHVGH3DXOD±
5LRGH-DQHLUR-RUJH=DKDU(G
&$1'$89HUD0DULD'LIHUHQoDV(GXFDomR,QWHUFXOWXUDOH'HFRORQLDOLGDGH
7HPDV,QVXUJHQWHV5HYLVWD(VSDoRGR&XUUtFXOR>RQOLQH@-RmR3HVVRDY
Q(VSHFLDOSGH]'LVSRQtYHOHP
KWWSVSHULRGLFRVXISEEULQGH[SKSUHFDUWLFOHYLHZ$FHVVRHPQRY
&267$5'/DULVVD*rQHURFXUUtFXORHSHGDJRJLDGHFRORQLDODQRWDo}HVSDUD
SHQVDUPRVDVPXOKHUHVQRHQVLQRGH+LVWyULD)URQWHLUDV 'HEDWHV0DFDSi
YQMDQMXQ'LVSRQtYHOHP
ϯϲ
KWWSVSHULRGLFRVXQLIDSEULQGH[SKSIURQWHLUDVDUWLFOHYLHZ$FHVVRHP
QRY
&8%$6&DUROLQH-DTXHV*rQHURH(QVLQRGHKLVWyULDGHPDQGDVGHXP
WHPSRSUHVHQWH,Q&5(6&Ç1&,2&LQWLD/LPD6,/9$-DQLQH*RPHVGD
%5,6727/LGLD6FKQHLGHU>RUJ@+LVWyULDVGHJrQHURHG±6mR3DXOR
9HURQD
)216(&$7KDLV1LYLDGH/LPDH+LVWyULD HQVLQRGH+LVWyULDHG
UHLPS±%HOR+RUL]RQWH$XWrQWLFD(GLWRUD
*20(61LOPD/LQR2PRYLPHQWRQHJURHDLQWHOHFWXDOLGDGHQHJUD
GHVFRORQL]DQGRRVFXUUtFXORV,Q%(51$5',12&267$-RD]H
0$/'21$'27255(61HOVRQ*526)2*8(/5DPyQ 2UJV
'HFRORQLDOLGDGHH3HQVDPHQWR$URGLDVSyULFR%HOR+RUL]RQWH$XWrQWLFD
(GLWRUD
/2852*XDFLUD/RSHV*rQHUR6H[XDOLGDGHH(GXFDomR8PD
3HUVSHFWLYD3yVHVWUXWXUDOLVWDHG3HWUySROLV5-9R]HV
/8*21(60DUtD&RORQLDOLGDGHH*rQHUR,Q+2//$1'$+HORLVD%XDUTXH
GH RUJ 3HQVDPHQWR)HPLQLVWD+RMH3HUVSHFWLYDV'HFRORQLDLV5LRGH
-DQHLUR%D]DUGRV7HPSRV
+$5$:$<'6DEHUHVORFDOL]DGRVDTXHVWmRGDFLrQFLDSDUDRIHPLQLVPRHR
SULYLOpJLRGDSHUVSHFWLYDSDUFLDO&DGHUQRV3DJX&DPSLQDVQS
'LVSRQtYHOHP
KWWSVSHULRGLFRVVEXXQLFDPSEURMVLQGH[SKSFDGSDJXDUWLFOHYLHZ
$FHVVRHPIHY
2/,9(,5$)HUQDQGR2SomRGHFRORQLDOHDQWLUUDFLVPRQDHGXFDomRHP
WHPSRVQHRIDVFLVWDV5HYLVWDGD$%31YS'LVSRQtYHOHP
KWWSVDESQUHYLVWDRUJEULQGH[SKSVLWHDUWLFOHYLHZ$FHVVRHPIHY
2/,9(,5$1XFLD$OH[DQGUD6LOYDGH(QVLQRGHKLVWyULDHTXHVW}HVGHJrQHUR
REVHUYDo}HVDSDUWLUGR3URMHWR³2V-RYHQVHD+LVWyULD´5HYLVWD+LVWyULD
+RMHYQS'LVSRQtYHOHP
KWWSVUKKMDQSXKRUJ5++-DUWLFOHYLHZ$FHVVRHPIHY
3('52-RDQD0DULD7UDGX]LQGRRGHEDWHRXVRGDFDWHJRULDJrQHURQD
SHVTXLVDKLVWyULFD+,67Ï5,$623$8/2Y1S
'LVSRQtYHOHP
KWWSVZZZVFLHOREUMKLVDIK+Y%4WY;V;3I5UWUDEVWUDFW"ODQJ SW
$FHVVRHPIHY
2<Ê5Ï1.2\HZXPL&RQFHLWXDQGRJrQHURRVIXQGDPHQWRVHXURFrQWULFRV
GRVFRQFHLWRVIHPLQLVWDVHRGHVDILRGDVHSLVWHPRORJLDVDIULFDQDV,Q
ϯϳ
ϯϴ
3RQWLItFLD8QLYHUVLGDGH&DWyOLFDGH6mR3DXOR6mR3DXOR'LVSRQtYHO
HPKWWSVWHGHSXFVSEUKDQGOHKDQGOH$FHVVRHPQRY
=$5%$72-DTXHOLQH$SDUHFLGD0DUWLQV$VHVWUDWpJLDVGRXVRGR*rQHURQR
HQVLQRGH+LVWyULDQDUUDWLYDKLVWyULFDHIRUPDomRGHSURIHVVRUDV5HYLVWD
7ULOKDVGD+LVWyULD7UrV/DJRDVYQMDQMXQS'LVSRQtYHO
HPKWWSVWULOKDVGDKLVWRULDXIPVEULQGH[SKS5HY7+DUWLFOHYLHZ$FHVVR
HPQRY
ϯϵ
(16,12'(+,67Ï5,$((192/9,0(172(16$,262%5(
352&(6626'(&2167,78,d2'$'2&Ç1&,$
0DULDQD$PRULP
,QWURGXomR
1HVWH SHTXHQR HQVDLR IUXWR GH PLQKDV SHVTXLVDV LQLFLDGDV DLQGD QR
GRXWRUDPHQWR HP (GXFDomR 33*(8)5- RQGH GHVHQYROYL D WHVH LQWLWXODGD
³/LQKDVHQUHGRVHWHUULWyULRVFDUWRJUDILDVGRFHQWHVGHSURIHVVRUHVLQLFLDQWHVGH
+LVWyULD´ $025,0 H HP DQGDPHQWR D SDUWLU GR SURMHWR GH SHVTXLVD
³(QVLQR GH +LVWyULD H DIHWR FRUSRV PDUFDGRV TXH HQVLQDP H TXH DSUHQGHP
KLVWyULD´YLQFXODGRDR180(081,5,2SURSRQKRDUHIOH[mRVREUHDDUWLFXODomR
HQWUH HQVLQR GH +LVWyULD H HQYROYLPHQWR 1mR VRX D SULPHLUD SHVVRD FODUR D
SHQVDUQDSRWrQFLDGHVVDUHODomR3RUH[HPSOR3DXOR)UHLUHHPVHXVLQ~PHURV
WUDEDOKRVHDWLYLGDGHVUHIOHWLDVHPSUHVREUHDSRWrQFLDGRHQYROYLPHQWRFRPD
HGXFDomR ,QIHOL]PHQWH DLQGD KRMH p QHFHVViULD D GHIHVD GR TXH SDUHFH VHU
yEYLRVREUHWXGRSRUHGXFDGRUDVHVHSURIHVVRUDVHVHHQWmRDSURYHLWRHVVH
HVSDoRSDUDPDLVXPDYH]DILUPDUDSRWrQFLDGHXPDHGXFDomRTXHSURGX]D
DIHWRVDOHJUHVXPDHGXFDomRGHPRFUiWLFDHpWLFD
6HQGR DVVLP GLYLGR HVVH WH[WR HP WUrV SDUWHV 3ULPHLUR SURSRQKR D
UHIOH[mR VREUH GRFrQFLD HP +LVWyULD HQTXDQWR GHYLU $ LQWHQomR DTXL p
SHQVDUPRV HP XP GHYLU SURIHVVRUD GH +LVWyULD ( SDUD WDQWR DSUHVHQWR DV
LGHLDVGHGRFrQFLDGHGHYLUHGH(QVLQRGH+LVWyULDSDUDHQWmRSRGHUDILUPDUR
VHQWLGRGHVVDFRVWXUDGRFrQFLDHQTXDQWRSURFHVVRTXHQmRILQGDQmRVHIL[DH
QmRVHHVWDELOL]D-iQDVHJXQGDSDUWHGHVVHHQVDLRGLVFRUURVREUHRVLJQLILFDGR
GHDIHWRDTXLXWLOL]DGRHSURSRQKRDUHIOH[mRVREUHDSRWHQFLDOLGDGHGRVDIHWRV
QRHQVLQRGH+LVWyULDRXVHMDVREUHDSRWrQFLDGRVDIHWRVQDVUHODo}HVYLYDVGD
HGXFDomRQDVUHODo}HVHQWUHSURIHVVRUDVHVDOXQDVRVKLVWyULDVHWHUULWyULRV(
QD ~OWLPD SDUWH SURSRQKR HQILP D UHIOH[mR VREUH R VLJQLILFDGR GR WHUPR
³HQYROYLPHQWR´DRID]HUXPFRQWUDSRQWRFRPDLGHLDGH³GHVHQYROYLPHQWR´WDO
'RXWRUDHP(GXFDomRH0HVWUHHP+LVWyULD6RFLDO3URIHVVRUDGR'HSDUWDPHQWRGH+LVWyULDGD
8QLYHUVLGDGH)HGHUDOGR(VWDGRGR5LRGH-DQHLUR81,5,2PDULDQDDPRULP#XQLULREU
ϰϬ
FRPR VXJHUH *HQt 1XxHV $ SDUWLU GDt DUJXPHQWR VREUH DSRWrQFLD RV
DIHWRVQDGRFrQFLDHQRHQVLQRGH+LVWyULDPDLVHVSHFLILFDPHQWHVREUHHQVLQR
GH +LVWyULD H HQYROYLPHQWR 3DUD ILQDOL]DU HVVH HQVDLR DSUHVHQWR DOJXPDV
FRQVLGHUDo}HVJHUDLVHVXDVUHIHUrQFLDV
&RQYLGR HQWmR D WRGDV H WRGRV SDUD UHIOHWLUPRV MXQWRV VREUH HVVH
DVVXQWR$VGLVFXVV}HVGXUDQWHR;,,,(13(+IRUDPPXLWRULFDVDVVLPFRPRRV
GHEDWHV SURPRYLGRV QR *3' &DVR YRFrV OHLWRUDVHV WHQKDP RXWUDV
UHIOH[}HVDSDUWLUGDOHLWXUDGHVVHHQVDLRRXGHRXWURVWH[WRVHSHQVDGRUDVHV
PHHVFUHYDPYDPRVFRQYHUVDU6HUiXPSUD]HU
'RFrQFLDH(QVLQRGH+LVWyULDVHURXGHYLU"
1HVWH HQVDLR EXVFR DILUPDU D LGHLD GH GRFrQFLD HP SDUWLFXODU HP
+LVWyULDFRPRXPSURFHVVRSHUPDQHQWHPHQWHDWLYR$GRFrQFLDpXPSURFHVVR
SRLVVXDFRQFOXVmRRXVHXDFDEDPHQWRQmRpORFDOL]iYHOHPDOJXPHVSDoRRX
WHPSR$GRFrQFLDGHSHQGHGHLQYHVWLPHQWRHGHFRQVWkQFLD(POXJDUHVHRX
WHPSRVHVSHFtILFRVHODSRGHVHHVWDELOL]DUPDVHVVDHVWDELOLGDGHQmRSRGHVHU
FRQIXQGLGD FRP TXDOTXHU WLSR GH REUD TXH DSyV VHU ODSLGDGD HVWi
GHILQLWLYDPHQWH SURQWD $ TXDOTXHU HWDSD GH QRVVR SURFHVVR GH FRQVWLWXLomR
GRFHQWHSRGHPRVVHUGHVHVWDELOL]DGDVRVFRORFDGDVRVHPTXHVWmRSRURXWUHP
HRXSRUQyVPHVPDVRV1HVVHVPRPHQWRVQRVGDPRVFRQWDGDLPSRUWkQFLD
GR FXOWLYR H GD PDQXWHQomR GH QRVVD SURILVVmR GR FXOWLYR GH SDUWH GH TXHP
WHPRVVLGRHHVWDPRVVHQGRSURIHVVRUDVHV
$ ILP GH GHVHQYROYHU PDLV D LGHLD FHQWUDO GHVVH WySLFR DSUHVHQWR D
FRQFHSomR GH (QVLQR GH +LVWyULD GD TXDO SDUWHP WDLV UHIOH[}HV (QVLQR GH
+LVWyULDpDTXLHQWHQGLGRFRPRXP³OXJDUGHIURQWHLUD´ 0217(,52E SRLV
VHUHODFLRQDjVFRQFHSo}HVGH&XUUtFXORGHFRQKHFLPHQWRKLVWyULFRHVFRODUGH
SURGXomRHGLVWULEXLomRGHVVHFRQKHFLPHQWRSRUGLYHUVRVDJHQWHVGHQWUHHOHV
RV OLYURV GLGiWLFRV VLVWHPDV DSRVWLODGRV HVSDoRV ItVLFRV H YLUWXDLV VDEHUHV
GRFHQWHV H GLVFHQWHV H VDEHUHV HVSHFtILFRV GH FDGD WHUULWyULR RQGH VmR
GHVHQYROYLGDVDXODVGH+LVWyULD'HDFRUGRFRP0RQWHLURH3HQQD³DIURQWHLUD
pOXJDURQGHVmRGHPDUFDGDVGLIHUHQoDVPDVRQGHWDPEpPpSRVVtYHOSURGX]LU
ϰϭ
ϰϮ
ϰϯ
0DLV XPD YH] H FRPR Mi SXEOLFDGR HP RXWUR WH[WR $025,0 R
VHQWLGRGHPLQKDDUJXPHQWDomRVHJXHHPGHIHVDGHXPSRVLFLRQDPHQWRpWLFR
SDUDDGRFrQFLDHP+LVWyULDSURGX]LGRQDVIURQWHLUDVHQWUHVDEHUHVHHPDOLDQoD
FRPDVGLIHUHQoDVFRPDVP~OWLSODVSRVVLELOLGDGHVGHWHUVLGRHGHHVWDUVHQGR
VXMHLWRVGHGLUHLWRQDFRQWHPSRUDQHLGDGHSURIHVVRUDVHVHDOXQDVRVHPVHXV
PDLVGLYHUVRVWHUULWyULRV$VVLPFRPR3DXOR)UHLUHGHIHQGRDHGXFDomRFRPR
SURFHVVRSHUPDQHQWHDGRFrQFLDFRPRGHYLU
$IHWRVH(QVLQRGH+LVWyULDGL]HURyEYLRDLQGDpLPSRUWDQWH
$LQGD SUHFLVDPRV YH] RX RXWUD WUD]HU j FRQVFLrQFLD R QRVVR
LQDFDEDPHQWR FRPR GL] 3DXOR )UHLUH FRPSUHHQGHU D YLGD KXPDQD
HQTXDQWR GHYLU H SRU FRQVHJXLQWH WDPEpP D GRFrQFLD $VVLP D SDUWLU GD
UHODomRDUWLFXODomRHQWUHGRFrQFLDHGHYLURSDSHOHROXJDUGRVDIHWRVLPSRUWD
QRVSURFHVVRVGHFRQVWLWXLomRGDGRFrQFLDHP+LVWyULDQRkPELWRGD(GXFDomR
%iVLFD
1DV VDODV GH DXOD VHMDP HODV YLUWXDLV RX ItVLFDV UHODo}HV YLYDV H
LQWHQVLYDV HQWUH GRFHQWHV H GLVFHQWHV VmR DWUDYHVVDGDV SRU GLYHUVRV
PHFDQLVPRV GH FRQWUROH SRU OLQKDV GH VDEHUHV H GH SRGHUHV H UHIOHWLGDV SRU
FpUHEURVSHQVDQWHVHFRUSRVGHVHMDQWHVTXHDIHWDPHTXHVmRDIHWDGRVQHVVDV
UHODo}HV6REUHRVDIHWRVVHJXQGR(VSLQRVD S
DIHWRVVmRDV³DIHFo}HVGRFRUSRSHODVTXDLVVXDSRWrQFLDGH
DJLU p DXPHQWDGD RX GLPLQXtGD HVWLPXODGD RX UHIUHDGD H DR
PHVPR WHPSR DV LGHLDV GHVVDV DIHFo}HV´ 1HVVH VHQWLGR
(VSLQRVDDILUPDTXHDWRGRPRPHQWRVRPRVDIHWDGRVHTXH
GHSHQGHQGR GR WLSR GH HQFRQWUR TXH H[SHULPHQWDPRV
RVFLODPRVHQWUHDIHWRVDOHJUHV TXHQRVLPSXOVLRQDP HWULVWHV
TXH QRV SDUDOLVDP $LQGD VHJXQGR R DXWRU VRPRV SDVVLYRV
GLDQWHGDVVLWXDo}HVTXHQRVDFRPHWHPPDVWDPEpPSRGHPRV
DJLU DSUHQGHQGR D REVHUYDU TXDLVHQFRQWURV QRV IRUWDOHFHP H
DTXHOHV TXH QRV HQIUDTXHFHP H DVVLP SRGHU DXPHQWDU D
SRWrQFLDGHQRVVDYLGD $025,0H0217(,52S
6HJXQGR(VSLQRVD RDIHWRpVHPSUHSDVVDJHPXPDYDULDomRGH
SRWrQFLD&RPRVRPRVDIHWDGRVHFRPRDIHWDPRV"2HQVLQRGH+LVWyULDDIHWD
DOXQRVDVHSURIHVVRUHVDVHRVDIHWRVVmRYHWRUHVLPSRUWDQWHQRSURFHVVRGH
FRQVWLWXLomRGDGRFrQFLDHP+LVWyULD(PSHVTXLVDGHVHQYROYLGDGXUDQWHPHXV
DQRV GH GRXWRUDPHQWR PDWHULDOL]DGD QD WHVH ³/LQKDV HQUHGRV H WHUULWyULRV
QDUUDWLYDV GRFHQWHV GH SURIHVVRUHV LQLFLDQWHV GH +LVWyULD´ $025,0
ϰϰ
HQWUHYLVWHLTXDWURSURIHVVRUDVHVLQLFLDQWHVGH+LVWyULDGD(GXFDomR%iVLFDFRP
RLQWXLWRGHLQYHVWLJDURVSURFHVVRVGHFRQVWLWXLomRGHVXDVGRFrQFLDV'XUDQWH
HVVD SHVTXLVD D TXHVWmR GRV DIHWRV QD GRFrQFLD HPHUJLX QDV QDUUDWLYDV GH
WRGDVRV SURIHVVRUDVHV HQWUHYLVWDGRV ( D SDUWLU GDt FRPHFHL D GHVHQYROYHU
HVWXGRV H SHVTXLVDV VREUH HVVH WHPD HP HVSHFLDO$ SHVTXLVD SDUD D WHVH
GHPRQVWURXTXHDTXHVWmRGRDIHWRQDUHODomRHQWUHSURIHVVRUHVHDOXQRVpXPD
GDV OLQKDV GH IRUoD p XPD GDV SRWrQFLDV TXH DWUDYHVVDP DV QDUUDWLYDV GH
SURIHVVRUDVHVGH+LVWyULD8PGRVSURIHVVRUHVHQWUHYLVWDGRVQHVVDSHVTXLVD
QDUURX
$JHQWHWUDEDOKDQHVVDEDVHGRDIHWRGDUHODomRSHVVRDO(LVVR
pLQHVFDSiYHO1mRWHPFRPR1mRWHPFRPR YRFrDFKDUTXH
YRFr YDL FKHJDU QXPD VDOD GH DXOD FRP DGROHVFHQWHV GH
DQRV ID]HU LJXDO DR TXH DOJXQV SURIHVVRUHV ID]LDP QD
XQLYHUVLGDGHSHJDUDTXHODVILFKLQKDVGHSDSHOHFRPHoDUDOHU
µ$KRLPSpULRURPDQRFDLXKi¶$VVLPQmRHXDFKRGR
HVIRUoR GR QRVVR WUDEDOKR p D JHQWH FRQVWUXLU HVVD WHLD GH
UHODo}HV QD VDOD H PROGDU DV HVWUDWpJLDV SUD WUDEDOKDU R
FRQKHFLPHQWR 3URIHVVRU$OEHUWR $025,0S
$LGHLDGHDIHWRSDUDHVVHSURIHVVRUUHIHUHVHjVSRWrQFLDVGDVUHODo}HV
SHVVRDLVSULPRUGLDLVSDUDTXHRVFRQKHFLPHQWRVGDGLVFLSOLQDKLVWyULFDHVFRODU
SRVVDPVHUWUDEDOKDGRVHQVLQDGRVDSUHQGLGRVHFUX]DGRVFRPRXWURVGLYHUVRV
VDEHUHVTXHSDUWLFLSDPGDVDXODVGH+LVWyULD3DUDHVVHSURIHVVRUDGHGLFDomR
SDUDDFRQVWUXomRGHVVDVUHODo}HVFRPS}HGRHVIRUoRGRWUDEDOKRGRFHQWH
SRLVpDSDUWLUHSRUPHLRGRVDIHWRVTXHpSRVVtYHOSHQVDUVREUHDVHVWUDWpJLDV
SDUD WUDEDOKDU RV FRQKHFLPHQWRV KLVWyULFRV HVFRODUHV H GH IDWR VH UHODFLRQDU
FRPDVRVDOXQDVRV$VVLPRDIHWRpVLJQLILFDGRHVHQWLGRSRUHVVHSURIHVVRU
FRPRDEDVHGDGRFrQFLDFRPREDVHSDUDRGHVHQYROYLPHQWRGHXPDUHODomR
HQWUHSURIHVVRUHDOXQDVRVTXHSURSLFLHRHQVLQRHDDSUHQGL]DJHPVLJQLILFDWLYD
GD+LVWyULDHVFRODU
'L]HU R yEYLR DLQGD p LPSRUWDQWH $ QDUUDWLYD GR SURIHVVRU $OEHUWR p
DSHQDVXPH[HPSOR1mRKiFRPRGHVFDUWDUDSRWrQFLDGRVDIHWRVHPDXODVGH
+LVWyULD$IHWRVTXHSRGHPSURPRYHUDXODVWULVWHVTXHSDUDOLVDPHTXHLPSHGHP
DFRQVWUXomRFROHWLYDGHFRQKHFLPHQWRVRXDXODVDOHJUHVFKHLDVGHSRWrQFLD
3URSRQKRDYRFrOHLWRUDXPH[HUFtFLRUHIOH[LYR)DoDXPDDQDPQHVHGHVXD
WUDMHWyULDHVFRODUHGHVWDTXHDXODVDOHJUHVHWULVWHV&RPFHUWH]DVXDH[SHULrQFLD
SHVVRDOHIRUPDWLYDHOXFLGDUiHVVDTXHVWmR
ϰϱ
0XLWDVYH]HVXPDDXODTXHSURPRYHDIHWRVWULVWHVQRVID]GLVWDQFLDUGH
XPD GDGD GLVFLSOLQD RX FRQKHFLPHQWR QmR SRU VXD GLILFXOGDGH SUpYLD GH
DSUHHQVmRPDVSRUXPDGLVSRVLomRSHVVRDOTXHQmRHQFRQWUDVHQWLGRRXDOHJULD
HPHVWXGDURXH[HUFLWDUGHWHUPLQDGRVDEHU2XWUDVYH]HVDXODVSURPRWRUDVGH
DIHWRV DOHJUHV DMXGDQRV D FRPSUHHQGHU XP GDGR FRQKHFLPHQWR DMXGDQRV D
LQWHUDJLU FRP D WXUPD H FRP SURIHVVRUDVHV 0XLWDV GDVRV HVWXGDQWHV GH
OLFHQFLDWXUDHP+LVWyULDSRUH[HPSORHVFROKHPRFXUVRHPYLUWXGHGHWHUHPWLGR
³XPD SURIHVVRUD RX XP SURIHVVRU PDUFDQWH´ 0217(,52 TXH
DVRVDIHWDUDPSRVLWLYDPHQWHVXDVWUDMHWyULDVHVFRODUHVHFRQWULEXtUDPSDUDVXDV
HVFROKDVSURILVVLRQDLV
$VVLPHVVHHQVDLRGHIHQGHDQHFHVVLGDGHDSRVVLELOLGDGHHDSRWrQFLD
GH DXODV GH +LVWyULD DOHJUHV TXH ID]HP FRQYHUVDU YLGDV H H[SHULrQFLDV GH
SHVVRDV YLYDV H GH SHVVRDV TXH YLYHUDP QR SDVVDGR QRV DX[LOLDQGR D
SUREOHPDWL]DUWHPSRVFRQMXQWXUDVHHVWUXWXUDVSURMHWDUIXWXURVPHOKRUHVHDWHU
HVSHUDQoDFRPRGHIHQGLDSRU3DXOR)UHLUHHPVXDVSURGXo}HVHDo}HV
'RFrQFLDDIHWRVH(QVLQRGH+LVWyULDFRQVLGHUDo}HVVREUHHQYROYLPHQWR
'HVGHDDQWLJXLGDGHSDUWHVLJQLILFDWLYDGDILORVRILDRFLGHQWDOGHIHQGHXPD
GLIHUHQFLDomR HQWUH RV PXQGRV VHQVtYHO H LQWHOLJtYHO &RUSR H PHQWH ± XPD
UHODomRDVVLPpWULFDGHLPSRUWkQFLDQDTXDODPHQWHHDVDWLYLGDGHVFRJQLWLYDV
GHOD GHFRUUHQWH RFXSDP OXJDUHV H SRVLo}HV SULYLOHJLDGDV QDV UHODo}HV
HFRQ{PLFRVRFLDLVHQDHGXFDomRGLVFLSOLQDUL]DGD
2UDTXDQGRVHWUDWDGHGRFrQFLDHP+LVWyULDQD(GXFDomR%iVLFDRV
FRUSRV GH SURIHVVRUDVHV H GH DOXQDVRV HP JHUDO QmR VmR PHQFLRQDGRV H
FRQYLGDGRV D SDUWLFLSDU GDV DXODV 4XDQGR VH WUDWD GH HQVLQDU +LVWyULD QDV
HVFRODV SHQVDVH HP FDSDFLGDGHV FRJQLWLYDV H LQWHOHFWXDLV FRQKHFLPHQWRV H
VDEHUHVUHIRUoDQGRDVHSDUDomRWUDGLFLRQDOGDILORVRILDFDUWHVLDQDRXSODW{QLFD
H GD FLrQFLD RFLGHQWDO HQWUH PHQWH H FRUSR$R DUWLFXODU GRFrQFLD H DIHWR QR
HQVLQR GH +LVWyULD SRUpP p UHDOoDGR D SRWrQFLD QmR Vy GDV PHQWHV PDV
WDPEpPGRVFRUSRVRXPHOKRUDLQGLVVRFLDELOLGDGHHQWUHFRUSRVHPHQWHVQDV
Do}HVGHHQVLQDUHGHDSUHQGHU+LVWyULD(QHVVDUHODomRHQWUHGRFrQFLDDIHWRV
H(QVLQRGH+LVWyULDDQRomRGHHQYROYLPHQWRpGHFLVLYD
ϰϲ
ϰϳ
&RQVLGHUDo}HVILQDLV
1HVWH WH[WR EXVTXHL LQFLWDU D UHIOH[mR VREUH D LPSRUWkQFLD GH SUiWLFDV
GRFHQWHV HQYROYLGDV QD iUHD GH +LVWyULD 3UiWLFDV HQYROYLGDV FRP GLYHUVRV
VDEHUHVGLYHUVDVSHVVRDVHPSRVLo}HVHWHPSRVGLIHUHQWHVGLYHUVDVSROtWLFDV
HGXFDFLRQDLVGLYHUVRVWHUULWyULRV1RSULPHLURWySLFRUHIOHWLVREUHDSRWrQFLDGD
LGHLD GH HQYROYLPHQWR QRV SURFHVVRV GH FRQVWLWXLomR GD GRFrQFLD 3DUD WDO
GLVFRUULVREUHDVFRQFHSo}HVGHGRFrQFLD(QVLQRGH+LVWyULDHGHYLUQRLQWXLWR
GHDILUPDUXPGHYLUGRFHQWHHP+LVWyULD(PVHJXLGDSURSXVDOJXPDVUHIOH[}HV
VREUHDIHWRH(QVLQRGH+LVWyULDEXVFDQGRHQIDWL]DUDDIHFomRTXHDVDXODVGH
+LVWyULD SURYRFDP WDQWR HP SURIHVVRUDVHV TXDQWR HP DOXQDVRV ( SRU ILP
HODERUHL DOJXPDV FRQVLGHUDo}HV TXH GHIHQGH R HQYROYLPHQWR FRPR SRVWXUD
GRFHQWHRHQYROYLPHQWRFRPDVYLGDVTXHGLDULDPHQWHSDUWLFLSDPGDVDXODVGH
+LVWyULD
)LQDOL]R HVVH HQVDLR FRP D GHIHVD GH XP GHYLU GRFHQWH HQYROYLGR FRP
VXDVSUiWLFDVHSRULVVRXPDGRFrQFLDHVSHUDQoRVDHPVHXVHQFRQWURVHOXWDV
GLiULDV&RPRGL]3DXOR)UHLUH
eWDPEpPQDLQFRQFOXVmRGHTXHQRVWRUQDPRVFRQVFLHQWHVH
TXH QRV LQVHUWD QR PRYLPHQWR SHUPDQHQWH GH SURFXUD TXH VH
DOLFHUoDDHVSHUDQoD1mRVRXHVSHUDQoRVRGLVVHFHUWDYH]
SRU SXUD WHLPRVLD PDV SRU H[LJrQFLD RQWROyJLFD )5(,5(
S grifo meu.
5HIHUrQFLDV
$/%848(548(-5'XUYDO0XQL]GH)D]HUGHIHLWRVQDVPHPyULDVSDUDTXH
VHUYHPRHQVLQRHDHVFULWDGDKLVWyULD",Q*21d$/9(60iUFLDGH$OPHLGD
HWDOLL RUJV 4XDORYDORUGD+LVWyULDKRMH"5LRGH-DQHLUR(GLWRUD)*9
$/9(65XEHP(QWUHDFLrQFLDHDVDSLrQFLDRGLOHPDGDHGXFDomR6mR
3DXOR(GLo}HV/R\ROD
$025,00DULDQDGH2OLYHLUD/LQKDVHQUHGRVHWHUULWyULRVFDUWRJUDILDV
GRFHQWHVGHSURIHVVRUHVLQLFLDQWHVGH+LVWyULD7HVHGH'RXWRUDGR3URJUDPD
GH3yVJUDGXDomRHP(GXFDomRGD8QLYHUVLGDGH)HGHUDOGR5LRGH-DQHLUR
BBBBBBBB'DiUYRUHDRUL]RPDSDUDVDFXGLUHGHVHQUDL]DUR(QVLQRGH
+LVWyULD(L[R±'LGiWLFD V HQWUHGLiORJRVLQVXUJrQFLDVHSROtWLFDVWHQV}HVH
ϰϴ
SHUVSHFWLYDVQDUHODomRHQWUH1RYDVHSLVWHPRORJLDV'LIHUHQoD%LRGLYHUVLGDGH
'HPRFUDFLDH,QFOXVmR;;(1',3(5LR)D]HUHVVDEHUHVSHGDJyJLFRV
GLiORJRVLQVXUJrQFLDVHSROtWLFDV;;(QFRQWUR1DFLRQDOGH'LGiWLFDH3UiWLFD
GH(QVLQR5LRGH-DQHLURDGHMXOKRGH
$025,00DULDQDGH2H0217(,52$QD0DULD)&³1DUUDWLYDVGHVL´H
DIHWRVQRVFDPLQKRVLQLFLDLVGDGRFrQFLDHP+LVWyULD&XUUtFXORVHP
)URQWHLUDVYQSMDQDEU
'(/(8=(*LOOHVH*8$77$5,)pOL[0LOSODW{VFDSLWDOLVPRHHVTXL]RIUHQLD
6mR3DXOR(GLWRUD
(63,126$eWLFD7UDG7RPD]7DGHX%HOR+RUL]RQWH$XWrQWLFD(GLWRUD
)5(,5(33HGDJRJLDGDDXWRQRPLD6mR3DXOR3D]H7HUUD
BBBBBBBBB3HGDJRJLDGRRSULPLGR5LRGH-DQHLUR3D]H7HUUD
*$//26LOYLR5HSHQVDUD(GXFDomR)RXFDXOW(GXFDomRH5HDOLGDGHQ
SMDQHLURMXQKR
*8$77$5,)pOL[H52/1,.6XHO\0LFURSROtWLFDFDUWRJUDILDVGRGHVHMR
3HWUySROLV(GLWRUD9R]HV
+22.6EHOO(URVHURWLVPRHRSURFHVVRSHGDJyJLFR,Q/2852*XDFLUD
/RSHV 2UJ 2FRUSRHGXFDGR3HGDJRJLDVGDVH[XDOLGDGH%HOR+RUL]RQWH
$XWrQWLFD
.26(//(&.5)XWXURSDVVDGRFRQWULEXLomRjVHPkQWLFDGRVWHPSRV
KLVWyULFRV5LRGH-DQHLUR&RQWUDSRQWR
/2852*XDFLUD/RSHV&RUSRHVFRODHLGHQWLGDGH(GXFDomR 5HDOLGDGH
MXOGH]
0$&('2(OLVDEHWK&XUUtFXORFRPRHVSDoRWHPSRGHIURQWHLUDFXOWXUDO
5HYLVWD%UDVLOHLUDGH(GXFDomRYQPDLRDJRVWR
0217(,52$QD0DULD)HUUHLUDGD&RVWD(QWUHRHVWUDQKRHRIDPLOLDURXVR
GHDQDORJLDVQR(QVLQRGH+LVWyULD&DGHUQR&HGHVYQSS
&DPSLQDV8QLFDPS
BBBBBBBBBB3URIHVVRUHVGH+LVWyULDHQWUHVDEHUHVHSUiWLFDV5LRGH
-DQHLUR0DXDG(GLWRUD D
BBBBBBBBBB(QVLQRGH+LVWyULDOXJDUGHIURQWHLUD+LVWyULDJXHUUDHSD];;,,,
6LPSyVLR1DFLRQDOGH+LVWyULD,Q$5,$61(72-RVp0LJXHO 2UJ
/RQGULQD$138+0tGLD E
ϰϵ
BBBBBBBBBB$XODVGH+LVWyULDTXHVW}HVGRQRWHPSRSUHVHQWH(GXFDUHP
5HYLVWDYSS
0217(,52$QD0DULD)HUUHLUDGD&RVWDH3(11$)HUQDQGRGH$UD~MR
(QVLQRGH+LVWyULDVDEHUHVHPOXJDUGHIURQWHLUD(GXFDomR 5HDOLGDGH
YQSMDQDEU
0217(,52$QD0DULD5$/(-2$GULDQDH$025,00DULDQD(QWUHRYLYLGR
HRQDUUDGRVHQWLGRGH5LRGH-DQHLURHPDXODVGH+LVWyULD,Q*$%5,(/
&DUPHP7HUHVD0217(,52$QD0DULDH0$57,160DUFXV/HRQDUGR
%RPILP 2UJ 1DUUDWLYDVGR5LRGH-DQHLURQDVDXODVGH+LVWyULD5LRGH
-DQHLUR0DXDG;SS
18f(6*HQt1mRPRQRJDPLDGHVFDWHTXL]DomRHGHVFRORQL]DomRGR
SHQVDPHQWR6HVF3LUDFLFDED6mR3DXOR&XUVROLYUH
6,/9$7RPiV7DGHXGD 2UJ +$//6WXDUWH:22':$5'.DWKU\Q
,GHQWLGDGHHGLIHUHQoDDSHUVSHFWLYDGRVHVWXGRVFXOWXUDLV3HWUySROLV5-
9R]HV
7$5',)0DXULFH6DEHUHVGRFHQWHVHIRUPDomRGHSURIHVVRUHVHG
3HWUySROLV5-9R]HV
ϱϬ
$',1Æ0,&$&855,&8/$5'($&25'2&20$3('$*2*,$
+,67Ï5,&2&5Ë7,&$%5(9(6&216,'(5$d®(662%5($
+,67Ï5,$,1'Ë*(1$12%5$6,/
3HGUR2WiYLR&DUYDOKR)HUQDQGHV
,QWURGXomR
$ HODERUDomR GHVVH WUDEDOKR HVWi GLUHWDPHQWH YLQFXODGD DR SURMHWR GH
SHVTXLVD TXH DSUHVHQWDPRV DR HQWUDU QR 3URJUDPD GH 3yV *UDGXDomR HP
(GXFDomR 33*( GD8QLIDO0*SRUPHLRGRHGLWDOGRSURFHVVRVHOHWLYRQ~PHUR
1RVVDSURSRVWDWHPFRPRSULQFLSDOREMHWLYRDQDOLVDUXPFRQMXQWRGH
OLYURVGLGiWLFRVDSURYDGRVSHOR3ODQR1DFLRQDOGR/LYUR'LGiWLFR 31/' GHQWUR
GD 5HIRUPD GR (QVLQR 0pGLR H HQWHQGHU FRPR RV OLYURV HVSHFLILFDPHQWH
YROWDGRVSDUDRPHLRDPELHQWHUHSUHVHQWDPRVSRYRVRULJLQiULRVQRFRQWH[WRGR
%UDVLOFRQWHPSRUkQHRHGDOXWDFRQWUDDFULVHFOLPiWLFD
7HPRV FRPR HVFRSR SULQFLSDO DQDOLVDU FRPR DV UHSUHVHQWDo}HV GDV
UHODo}HV HQWUH VHU KXPDQR H QDWXUH]D QRV OLYURV GLGiWLFRV SRGHP DJLU QR
SUHVHQWH H SURGX]LU XPD QDUUDWLYD D ILP GH MXVWLILFDU HRX OHJLWLPDU SUiWLFDV
DXWRULWiULDV LQWROHUDQWHV HRX QHJDFLRQLVWDV 'HVVH PRGR VHUi LPSUHVFLQGtYHO
FRPSUHHQGHU R FRQWH[WR KLVWyULFR HP TXH D SURGXomR GHVVHV OLYURV IRL
GHVHQYROYLGD'LWRLVVRpQHFHVViULRPHQFLRQDUTXHRVOLYURVGLGiWLFRVVmRXP
LPSRUWDQWHFRPSRQHQWHFXUULFXODUeDSDUWLUGHOHVTXHDPDLRULDGRVSURIHVVRUHV
HHVWXGDQWHVGHVHQYROYHPVXDVDWLYLGDGHVGXUDQWHRDQROHWLYR'HVVDIRUPDp
SUHFLVR FRQIURQWDU RV FRQWH~GRV GRV OLYURV GLGiWLFRV PHQFLRQDGRV FRP XPD
ELEOLRJUDILD HVSHFLDOL]DGD DVVLP FRPR VXDV SRVVLELOLGDGHV SUiWLFDV HP XPD
pSRFDPDUFDGDSHODWHFQRORJLDeVREUHHVVHVGRLV~OWLPRVDVSHFWRVHPGLiORJR
FRPDKLVWyULDLQGtJHQDTXHRSUHVHQWHWH[WRpGHVHQYROYLGR
7UDEDOKRGHVHQYROYLGRFRPDSRLRILQDQFHLURGD&RRUGHQDomRGH$SHUIHLoRDPHQWRGH3HVVRDO
GH1tYHO6XSHULRU &$3(6
*UDGXDGR HP +LVWyULD SHOD 8QLYHUVLGDGH )HGHUDO GH $OIHQDV 81,)$/0* H PHVWUDQGR GR
3URJUDPD GH 3yV*UDGXDomR HP (GXFDomR SHOD PHVPD ,QVWLWXLomR (PDLO
SHGURIHUQDQGHV#VRXXQLIDOPJHGXEUHRXSHGURRWDY#JPDLOFRP
ϱϭ
2 WUDEDOKR HVWi GLYLGLGR HP WUrV SDUWHV 1D SULPHLUD QRV SRVLFLRQDPRV
IUHQWHDGLYHUVLGDGHGHSHUVSHFWLYDVUHIHUHQWHVDRVHVWXGRVFXUULFXODUHV&RP
LVVRQRVFRORFDPRVDRODGRGDSHGDJRJLDKLVWyULFRFUtWLFDHDSRQWDPRVFRPRR
FXUUtFXORHVFRODUpFRQVLGHUDGRSRUHVVDWHRULD(PXPVHJXQGRPRPHQWRGH
IRUPD VLQWpWLFD DSUHVHQWDPRV DOJXPDV FRQVLGHUDo}HV D UHVSHLWR GRV SRYRV
LQGtJHQDVSDUDUHIOHWLUFRPRSHORPHQRVGHVGHQmRpSRVVtYHOWUDEDOKDU
FRPVXDKLVWyULDGHIRUPDYXOJDUL]DGDHVLPSOLVWD3RUILPSDUDFRQFOXLURWH[WR
HDEULUDGLVFXVVmREXVFDPRVYLQFXODUHVVDTXHVWmRPDLVDPSODDUHVSHLWRGRV
FXUUtFXORV H GRV SRYRV LQGtJHQDV FRP DV SRVVLELOLGDGHV GH GHVHQYROYLPHQWR
GHVVDVWHPiWLFDVHPVDODGHDXODSRUPHLRGDVUHGHVVRFLDLVHLQWHUQHW
&XUUtFXORHSHGDJRJLDKLVWyULFRFUtWLFD
$QWHV GH GDUPRV VHTXrQFLD D UHIOH[mR p QHFHVViULR QRV VLWXDUPRV
KLVWRULFDPHQWH 'H DFRUGR FRP 'HUPHYDO 6DYLDQL H 1HZWRQ 'XDUWH
GHVGHFRPRJROSHTXHWLURX'LOPD5RXVVHIIGDSUHVLGrQFLDRSDtVYHP
VRIUHQGRFRPPHGLGDVDQWLSRSXODUHV2JROSHDEULXFDPLQKRSDUDXPDVpULHGH
UHIRUPDVQHROLEHUDLVFRPRRFRQJHODPHQWRGRWHWRGHJDVWRVHPHGXFDomRH
VD~GH SRU DQRV D UHIRUPD WUDEDOKLVWD D UHIRUPD GR HQVLQR PpGLR H R
DOLJHLUDPHQWR GR FXUUtFXOR GDV HVFRODV S~EOLFDV H D KRPRORJDomR GD %DVH
1DFLRQDO&RPXP&XUULFXODU %1&& 7DPEpPQmRpSRVVtYHOFRQVLGHUDUHVVD
VHJXQGDGpFDGDGRVpFXOR;;,VHPRVHIHLWRVGRGHVHQYROYLPHQWRWHFQROyJLFR
H VXDV UHSHUFXVV}HV GHQWUR GH XP VLVWHPD SROtWLFR TXH SURSDJD R
³REVFXUDQWLVPREHOLJHUDQWH´3DUDRVDXWRUHVDLQWHUQHWDVUHGHVVRFLDLVHDV
fakenews IRUDP HVVHQFLDLV SDUD R iSLFH GR REVFXUDQWLVPR D HOHLomR GH -DLU
%ROVRQDURMXQWRGDEXUJXHVLDQDFLRQDOSDUDDSUHVLGrQFLD'HVGHHQWmRpYLVtYHO
RGHVPRQWHHRVXFDWHDPHQWRjHGXFDomRS~EOLFD
'XDUWHGHILQHRREVFXUDQWLVPREHOLJHUDQWHHPRVWUDFRPRHVVHPDODWLQJHFDGDYH]PDLVR
%UDVLO 1mR DSHQDV SRU XPD DSRORJLD DR XVR GH DUPDV GH IRJR FRPR WDPEpP SRU YLRODo}HV
ItVLFDVHYHUEDLVFRQWUDSHVVRDVFRPXQVTXHQmRFRPSDFWXDPFRPHVVHVJUXSRVVRFLDLV1mR
jWRDHVVHGLVFXUVRDFDEDDWLQJLQGRYiULRVVHWRUHVGDVVRFLHGDGHVHDHVFRODpXPGHOHV2
TXHYHPRVpVHWRUHVUHDFLRQiULRVGDVRFLHGDGHVHDSRVVDUGHDSDUDWRVS~EOLFRVSRUPHLRGH
ILQDQFLDPHQWRV H WUDEDOKDU SDUD D GHVSROLWL]DomR GDV PDVVDV 1mR j WRD D GHIHVD SRU XPD
QHXWUDOLGDGH GR HQVLQR p FDGD YH] PDLV GHIHQGLGD H RV SURIHVVRUHV DFDEDP SHUGHQGR VXD
OLEHUGDGHHPVDODGHDXOD '8$57(
ϱϮ
ϱϯ
ϱϰ
FOiVVLFR´TXH6DYLDQLYDLGHVHQYROYHUDSHGDJRJLDKLVWyULFRFUtWLFD3DUDHOHp
RFRQKHFLPHQWRKLVWRULFDPHQWHGHVHQYROYLGRHDFXPXODGRSHODKXPDQLGDGHTXH
GHYHFRPSRURVFXUUtFXORVHVFRODUHVDLQGDTXHWHQKDPVLGRSURGX]LGRVSHODV
FODVVHVGRPLQDQWHV1HVVHVHQWLGR-XOLD0DODQFKHQ EXVFRXLQYHVWLJDUH
HPHYLGHQFLDUFRPRDSHGDJRJLDKLVWyULFRFUtWLFDSRGHSHQVDURFXUUtFXORHVFRODU
HVXDVSUREOHPiWLFDVSDUDYLDELOL]DUDWUDQVPLVVmRGRVFRQKHFLPHQWRVFLHQWtILFRV
jVJHUDo}HVIXWXUDV
3DUD0DODQFKHQ E QRHQWDQWRDFRQVWUXomRGRFXUUtFXORDSDUWLUGD
SHGDJRJLD KLVWyULFRFUtWLFD GHYH VH SDXWDU SHOD GLVWLQomR HQWUH DV DWLYLGDGHV
QXFOHDUHVHDVDWLYLGDGHVVHFXQGiULDVGDHVFROD6HWXGRRTXHUHDOL]DPRVQD
HVFROD SXGHU VHU FDUDFWHUL]DGR FRPR FXUUtFXOR R VHFXQGiULR SRGH VHU
FRQIXQGLGRFRPRSULPRUGLDOHID]HUFRPTXHHVVH~OWLPRSHUFDVXDLPSRUWkQFLD
$DXWRUDpLQFLVLYDDRDILUPDUTXH
³R FXUUtFXOR p R VDEHU REMHWLYR RUJDQL]DGR H VHTXHQFLDGR GH
PDQHLUDDSRVVLELOLWDUVHXHQVLQRHVXDDSUHQGL]DJHPDRORQJR
GR SURFHVVR GH HVFRODUL]DomR 2 FXUUtFXOR QmR p XP
DJUXSDPHQWRDOHDWyULRGHFRQWH~GRKDYHQGRDQHFHVVLGDGHGH
RV FRQKHFLPHQWRV VHUHP RUJDQL]DGRV QXPD VHTXrQFLD TXH
SRVVLELOLWHVXDWUDQVPLVVmRVLVWHPiWLFD´ 0$/$1&+(1S
$DXWRUDUHFXSHUDRVHVFULWRVGH6DYLDQLSDUDGHIHQGHUDHVFRODHQTXDQWR
LQVWLWXLomRUHVSRQViYHOSHODWUDQVPLVVmRHDVVLPLODomRGRVVDEHUHVFLHQWtILFRV
'HVVD IRUPD p LPSRUWDQWH HQWHQGHU R FXUUtFXOR FRPR FRQMXQWR GH
FRQKHFLPHQWRVVLVWHPDWL]DGRVTXHGHYHPYLDELOL]DUMXQWRVGRVHGXFDGRUHVDV
FRQGLo}HVSDUDDVXDSUySULDWUDQVPLVVmRHDVVLPLODomRSHORVHVWXGDQWHV7DQWR
0DODQFKHQTXDQWR6DYLDQLSRVVXHPFLrQFLDGHTXHHVVDIXQomRID]SDUWHGHXP
SURFHVVROHQWRHJUDGXDOHTXHQmRSRGHPVHUDVVRFLDGRVH[FOXVLYDPHQWHDRV
PDWHULDLVGLGiWLFRVHRXDRVFRQKHFLPHQWRVFLHQWtILFRV
1HVVD GLUHomR 6DYLDQL E GHIHQGH XPD FRQFHSomR GH HGXFDomR
TXHVHMDSDXWDGDSHODSURGXomRGHXPhabitusRXXPDVHJXQGDQDWXUH]DSDUD
³2FOiVVLFRQmRVHFRQIXQGHFRPRWUDGLFLRQDOHWDPEpPQmRVHRS}HQHFHVVDULDPHQWHDR
PRGHUQRHPXLWRPHQRVDRDWXDO2FOiVVLFRpDTXLORTXHVHILUPRXFRPRIXQGDPHQWDOFRPR
HVVHQFLDO 3RGH SRLV FRQVWLWXLUVH QXP FULWpULR ~WLO SDUD D VHOHomR GH FRQWH~GRV GR WUDEDOKR
SHGDJyJLFR´ 6$9,$1,ES eLPSRUWDQWHPHQFLRQDUTXHXPGRVPDLVQRWyULRVWHyULFRV
GRV HVWXGRV FXUULFXODUHV 0LFKDHO <RXQJ HP SUHIiFLR DV HGLo}HV LQJOHVDV GH ³(VFROD
GHPRFUDFLD´H³3HGDJRJLDKLVWyULFRFUtWLFD´GHIHQGHDFRQYHUJrQFLDHQWUHRVVHXVHVWXGRVHRV
GH6DYLDQLVREUHDIXQomRQHFHVViULDGDHVFRODQRTXHVHUHIHUHDFDSDFLGDGHGHFRQFHGHU
DFHVVRDRVHVWXGDQWHVGHVIDYRUHFLGRVDR³FRQKHFLPHQWRSRGHURVR´
ϱϱ
RV HVWXGDQWHV 2 GHVHQYROYLPHQWR GD VHJXQGD QDWXUH]D VH Gi TXDQGR RV
HVWXGDQWHVFRQVHJXHPVHOLEHUWDUGHDVSHFWRVPHFkQLFRVGDDSUHQGL]DJHPSRU
PHLRGHLQFRUSRUDomRGRVFRQWH~GRVHQmRSRUVXDH[FOXVmR³$GTXLULURhabitus
VLJQLILFD FULDU XPD VLWXDomR LUUHYHUVtYHO 3DUD LVVR p SUHFLVR WHU LQVLVWrQFLD H
SHUVLVWrQFLDID]VHPLVWHUUHSHWLUPXLWDVYH]HVGHWHUPLQDGRVDWRVDWpTXHHOHV
VHIL[HP´2DXWRUDLQGDGHVWDFDTXH³DH[SUHVVmRVHJXQGDQDWXUH]DpVXJHVWLYD
SRUTXH QyV TXH VDEHPRV OHU H HVFUHYHU WHQGHPRV D FRQVLGHUDU HVVHV DWRV
FRPRQDWXUDLV´ 6$9,$1,ES
&RQFRUGDPRV FRP -XOLD 0DODQFKHQ TXDQGR HOD GHVWDFD TXH R
SURFHVVRGHFULDomRGRhabitusGHYHVHUXPSURFHVVRLQWHQFLRQDORUJDQL]DGRH
H[SOtFLWRQDVLVWHPDWL]DomRGRVFXUUtFXORVHVFRODUHV2FXUUtFXORpFRPSUHHQGLGR
FRPRXPDVHOHomRHVHTXHQFLDPHQWRLQWHQFLRQDOGHFRQWH~GRVTXHGHYHPVHU
DERUGDGRVHPVDODGHDXODGHIRUPDDVRFLDOL]DUSDUDWRGRVRVHVWXGDQWHVRV
FRQKHFLPHQWRV TXH IRUDP GHVHQYROYLGRV H DFXPXODGRV KLVWRULFDPHQWH SHOD
KXPDQLGDGH(OHVGHYHPVHUFRPSDUWLOKDGRVSDUDFRQFHEHU³DGHVLJXDOGDGHQR
SRQWR GH SDUWLGD TXH GHYH WRUQDUVH LJXDOGDGH QR SRQWR GH FKHJDGD´
0$/$1&+(1S (PRXWUDVSDODYUDVpQHFHVViULRFULDUFRQGLo}HV
SDUD TXH D RUJDQL]DomR FXUULFXODU IXQFLRQH HIHWLYDPHQWH SDUD SRVVLELOLWDU DV
PHVPDV FRQGLo}HV GH DSUHQGL]DJHP DR WpUPLQR GD HGXFDomR EiVLFD SDUD RV
GLYHUVRVHVWXGDQWHVDLQGDTXHHPVXDFKHJDGDDVFRQGLo}HVIRVVHPGHVLJXDLV
$VFRQVLGHUDo}HVGH6DYLDQLVmRFULVWDOLQDV
³$ FXOWXUD SRSXODU GR SRQWR GH YLVWD HVFRODU p GD PDLRU
LPSRUWkQFLDHQTXDQWRSRQWRGHSDUWLGD1mRpSRUpPDFXOWXUD
SRSXODU TXH YDL GHILQLU R SRQWR GH FKHJDGD GR WUDEDOKR
SHGDJyJLFRQDVHVFRODV6HDVHVFRODVVHOLPLWDUHPDUHLWHUDUD
FXOWXUD SRSXODU TXDO VHUi D VXD IXQomR" 3DUD GHVHQYROYHU
FXOWXUDSRSXODUHVVDFXOWXUDDVVLVWHPiWLFDHHVSRQWkQHDRSRYR
QmR SUHFLVD GH HVFROD (OH D GHVHQYROYH SRU REUD GH VXDV
SUySULDV OXWDV UHODo}HV H SUiWLFDV 2 SRYR SUHFLVD GD HVFROD
SDUDWHUDFHVVRDRVDEHUHUXGLWRDRVDEHUVLVWHPDWL]DGRHHP
FRQVHTXrQFLDSDUDH[SUHVVDUGHIRUPDHODERUDGDRVFRQWH~GRV
GD FXOWXUD SRSXODU TXH FRUUHVSRQGHP DRV VHXV LQWHUHVVHV´
6$9,$1,ES
(VSHUDPRV WHU ILFDGR HYLGHQWH TXH R FXUUtFXOR GHYH VHU SDXWDGR SHOD
IRUPDomRFUtWLFD(OHGHYHVHUYLUFRPRLQVWUXPHQWDOL]DomRGRVDEHUSRSXODUSDUD
VDOWDU HP GLUHomR DR VDEHU HUXGLWR (VWH ~OWLPR GHYH SRWHQFLDOL]DU R VHQVR
FRPXPHPIDYRUGRVLQWHUHVVHVGDVFODVVHVWUDEDOKDGRUDV3RUWDQWRRFXUUtFXOR
ϱϲ
pLQWHUSUHWDGRFRPRXPSURGXWRKLVWyULFRTXHGHYHVHUGLVSXWDGRHFRQVLGHUDGR
GHQWUR GDV OXWDV GH FODVVHV 3DUD 1HZWRQ 'XDUWH p D SDUWLU GR
FRQKHFLPHQWR VLVWHPDWL]DGR H VXD KLVWRULFL]DomR TXH VH WRUQD SRVVtYHO
GHVHQYROYHU D ³LQGLYLGXDOLGDGH SDUD VL´ H FRQVWUXLU XPD FRQVFLrQFLD GH FODVVH
MXQWRDRVHVWXGDQWHV(VVHSURFHVVRVySRGHDFRQWHFHUSRUPHLRGHXPDHVFROD
SDXWDGDSHORFRQKHFLPHQWRFLHQWtILFRSURGX]LGRHDFXPXODGRKLVWRULFDPHQWH
$LQGD FRQVLGHUDPRV YiOLGR GHVWDFDU TXH SDUD D RUJDQL]DomR FXUULFXODU
QDV HVFRODV D SHGDJRJLD KLVWyULFRFUtWLFD GHIHQGH D FRQFHSomR GH GLYLVmR
FXUULFXODU WDO FRPR D FRQKHFHPRV WUDGLFLRQDOPHQWH RX VHMD SRU iUHDV GR
FRQKHFLPHQWR7RGDYLDHVVDGLYLVmRQmRGHYHIXQFLRQDUGHIRUPDLVRODGD3DUD
0DODQFKHQ DSHUVSHFWLYDGDWRWDOLGDGHGHYHVHUXPKRUL]RQWHQHFHVViULR
DWRGDVDVGLVFLSOLQDV3RUWDQWRRFXUUtFXOR
SRGH VHU GLVFLSOLQDU PDV FRP D FRQFHSomR GH PXQGR GR
PDWHULDOLVPRKLVWyULFRHGLDOpWLFRGHYHQGRSURSRUDDUWLFXODomR
GDVGLVFLSOLQDVDSDUWLUGRHOHPHQWRIXQGDQWHGRVHUKXPDQRH
GH WRGR R FRQKHFLPHQWR SURGX]LGR TXH p R WUDEDOKR
0$/$1&+(1S
%UHYHVFRQVLGHUDo}HVDUHVSHLWRGDKLVWyULDLQGtJHQDQR%UDVLO
1HVVDHWDSDGRWH[WRWUDWDPRVGHHYLGHQFLDUDOJXPDVFDUDFWHUtVWLFDVGDV
QDUUDWLYDV GH FURQLVWDV GD FRORQL]DomR TXH IRUDP UHVSRQViYHLV SRU IXQGDU R
LPDJLQiULR D UHVSHLWR GDV SRSXODo}HV LQGtJHQDV GR WHUULWyULR TXH KRMH
HQWHQGHPRVFRPR%UDVLO3DUDLVVRXWLOL]DPRVDWHVHGHOLYUHGRFrQFLDGH-KRQ
0RQWHLUR HSRUPHLRGHODDVQDUUDWLYDVTXHIRUDPSURGX]LGDVGXUDQWHR
VpFXOR ;9, VREUH RV SRYRV RULJLQiULRV GH DXWRULD GH *DEULHO 6RDUHV 6RXVD H
SRVWHULRUPHQWHVXDUHWRPDGDQRVpFXOR;,;SHOR,QVWLWXWR+LVWyULFRH*HRJUiILFR
%UDVLOHLUR ,+*%
e LPSRUWDQWH QRWDU TXH GXUDQWH R VpFXOR ;9, 6RDUHV 6RXVD WLQKD
REMHWLYRV HVSHFtILFRV H IRL LVVR TXH R PRWLYRX D HVFUHYHU VHXV WH[WRV VREUH R
WHUULWyULRHRVSRYRVDWDFDGRVHFRQTXLVWDGRVSHORVSRUWXJXHVHV6HXVHVFULWRV
IRUDPGLUHFLRQDGRVDRFRQIURQWRFRPRVLQWHUHVVHVUHOLJLRVRVFRPRVLQGtJHQDV
6XDLQWHQomRHUDFRQVHJXLUDXWRUL]DomRGDFRURDSDUDHVFUDYL]iORVHLQYHVWLUQD
EXVFDSRUH[SDQVmRWHUULWRULDOH[SORUDomRHGHVFREHUWDGHPLQpULRVQDUHJLmR
SUy[LPDDRVHUWmR³3RGHVHDILUPDUTXHHVWHUHODWRUHYHODRVHQWLGRGXSORGD
ϱϳ
6REUH LVVR p SRVVtYHO UHOHPEUDU GH 6WHYHQ )HLHUPDQ HOH PRVWUD FRPR QmR Vy RV
FRQTXLVWDGRUHV HXURSHXV GR VpFXOR ;9, PDV WDPEpP LPSRUWDQWHV LQWHOHFWXDLV GR VpFXOR ;;
MXOJDYDP GH IRUPD LQFRHUHQWH RXWURV SRYRV TXH QmR VH HQTXDGUDYDP GH DFRUGR FRP DV
HVSHFLILFLGDGHV GRV SDGU}HV HFRQ{PLFRV SROtWLFRV VRFLDLV WHFQROyJLFRV HVWpWLFRV UHOLJLRVRV
TXHHUDPFRQKHFLGDVSHORVSRYRVGRPLQDGRUHV
ϱϴ
ϱϵ
6XDQDUUDWLYDWDPEpPVXJHUHTXHRIUDFLRQDPHQWRGRVJUXSRVLQGtJHQDV
HUDXPHYLGHQWHVLQDOGHVXDGHFDGrQFLD,VVRFRUURERUDFRPRDVSHFWRHPTXH
R DXWRU FRQVWLWXLX VXD QDUUDWLYD D ILP GH HQFDL[DU RV SRUWXJXHVHV HP XPD
VXFHVVmR OyJLFD GH GRPLQDomR QD TXDO RV LQGtJHQDV HVWDULDP FRQGHQDGRV j
GRPLQDomRSRUWXJXHVD(VVDOyJLFDVHGLVWLQJXHGDVPHVPDVDSUHVHQWDGDVSRU
6RDUHV6RXVDQRVpFXOR;9,TXHGHFHUWDIRUPDWHYH³LQVLVWrQFLDHPDSRQWDUR
FRQWH~GR VLPEyOLFR GDV SUiWLFDV WXSLV´ GLIHUHQFLDQGRRV GH RXWURV JUXSRV
SRSXODFLRQDLV ,VVR VLJQLILFD TXH ³9DUQKDJHQ IRUQHFLD XPD MXVWLILFDWLYD SDUD D
GRPLQDomRSRUWXJXHVD´ 0217(,52S
'HDFRUGRFRP0RQWHLUR9DUQKDJHQIRLXPKLVWRULDGRUTXHVHDIDVWRXGH
VHX RItFLR DR OLGDU GH PDQHLUD QHJOLJHQWH H LQDGHTXDGD FRP HVVDV REUDV
9DUQKDJHQ VH FRPSURPHWHX FRP R UHEDL[DPHQWR GR LQGtJHQD H VXD
FRQVHTXHQWHH[FOXVmR(OH³WDPEpPFRQWULEXLXSDUDRSURFHVVRGHFODVVLILFDomR
GH JUXSRV LQGtJHQDV HP HQWLGDGHV IL[DV H DWHPSRUDLV´ 0217(,52 S
$LQGD TXH KRXYHVVH YHUV}HV GLVWLQWDV H FRQIOLWDQWHV FRP DV TXH IRUDP
DSUHVHQWDGDVSRUHOHpSRVVtYHOFRQVLGHUDUTXHHVVDQDUUDWLYDFRQVHJXLXPXLWD
IRUoDQRVpFXOR;,;VREUHWXGRSRUVHUFRQVLGHUDGDFLHQWtILFDHSRUSHUFRUUHUDV
GpFDGDVVHJXLQWHVLQIOXHQFLDQGRJHUDo}HV 0217(,52S
&RQVLGHUDo}HVILQDLV
'LDQWH GR TXH IRL H[SRVWR DFUHGLWDPRV TXH SRGHPRV WHFHU DOJXPDV
FRQVLGHUDo}HV DRV WHPDV TXH IRUDP WUDWDGRV 2 SULPHLUR GHOHV GL] UHVSHLWR D
FRPRDKLVWyULDLQGtJHQDIRLGHVHQYROYLGDSHORVFRQTXLVWDGRUHV SRUWXJXHVHVD
SDUWLUGHVHXVSUySULRVHVWHUHyWLSRVHPRGRVGHYLGDFDUDFWHUtVWLFRVGD(XURSD
'HVGH R VpFXOR ;9, KRXYH XP HVIRUoR SRU SDUWH GRV UHSUHVHQWDQWHV GHVVH
LGHiULR FRORQL]DGRU HP QRPHDU H GRPLQDU RV SRYRV RULJLQiULRV VHMD GH IRUPD
ItVLFD RX VLPEyOLFD &RPR PRVWUDPRV HVVD DWLWXGH VH PDQWHYH DR ORQJR GR
QRVVRUHFRUWHWHPSRUDOHWHYHVXDH[SUHVVmRPi[LPDFRPR,+*%HDFLrQFLD
GD pSRFD $LQGD TXH RXWUDV QDUUDWLYDV H WHPSRUDOLGDGHV VREUH RV SRYRV
RULJLQiULRV QmR WHQKDP VLGR DERUGDGDV QHVVH WUDEDOKR D IRUPD FRPR RV
LQGtJHQDVIRUDPWUDWDGRVQDTXHOHVVpFXORVFRQWLQXDLQWHUIHULQGRQDFRQVFLrQFLD
ϲϬ
SRSXODU D UHVSHLWR GHOHV DVVLP FRPR QD PtGLD KHJHP{QLFD QD LQWHUQHW H
PDWHULDLVGLGiWLFRV
6HMDQRSDVVDGRRXQRSUHVHQWHRVHQVRFRPXPDUHVSHLWRGRVLQGtJHQDV
SRVVXLYtQFXORVHVWUHLWRVFRPLGHLDVVHPHOKDQWHVjVQDUUDWLYDVWUDEDOKDGDVSRU
-KRQ 0RQWHLUR 'HVVD IRUPD UHSURGX]HP SUHFRQFHLWRV TXH IRUDP FRQVWUXtGRV
LQWHQFLRQDOPHQWHSHODEXUJXHVLDQDFLRQDO1mRjWRDWHPRVDFRQYLFomRGHTXH
QDDWXDOLGDGHPXLWRVOLYURVGLGiWLFRVGH+LVWyULDDVVLPFRPRLQ~PHURVPHLRV
GHGLYXOJDomRGHFRQWH~GRVFRPWHPiWLFDKLVWyULFDSRGHPFRQWLQXDUUHIRUoDQGR
DOJXPDVGHVVDVYLV}HVXOWUDSDVVDGDVDUHVSHLWRGRVSRYRVLQGtJHQDVQR%UDVLO
eLPSRUWDQWHUHDOL]DUDOJXPDVFRQVLGHUDo}HVVREUHPHLRVGHGLYXOJDomR
GH FRQWH~GR KLVWyULFR SULQFLSDOPHQWH SHOD LQWHUQHW $V UHGHV VRFLDLV VmR XP
OXJDUSULYLOHJLDGRSDUDRDFHVVRHGLYXOJDomRHPPDVVDGHQRWtFLDVGHWRGRVRV
JrQHURVeVDELGRTXHQmRSRVVXtPRVDFHVVRGLUHWRDRTXHTXHUHPRVPDVVLP
DRTXHQRVpGLUHFLRQDGRSHORVDOJRULWPRVGHPHJDHPSUHVDVGLJLWDLV$OH[DQGUH
3LQWRH/HDQGUR0yGROR QRVDOHUWDPTXHRVDOJRULWPRVQmRVmRQHXWURV
H³DFDEDPUHSURGX]LQGRYLV}HVGHPXQGRSUHFRQFHLWRVHUHGXFLRQLVPRVTXHMi
H[LVWHPQDFRQVFLrQFLDVRFLDOGHQRVVRWHPSR´SDUDDOpPGHFULDUXPDPELHQWH
KDUP{QLFR HQWUH D SHUVSHFWLYD SHVVRDO GH XP SHUILO H R TXH p GLUHFLRQDGR D
HOH3DUD RV DXWRUHV p LPSRUWDQWH TXHVWLRQDU R FDUiWHU FDGD YH] PDLV
GHSHQGHQWH TXH WHPRV HP UHODomR jV UHGHV VRFLDLV 6RPRV LQFHQWLYDGRV D
SURGX]LU GDGRV VREUH QyV PHVPR TXDVH TXH LQFHVVDQWHPHQWH H GH IRUPD
YROXQWiULD ³$R FRQWUiULR GH YLVDUHP ³PHOKRUHV FRQH[}HV HQWUH DV SHVVRDV´
FRPRDODUGHLDPVXDVSHoDVGHSURSDJDQGDRTXHHVVDVFRPSDQKLDVWrPFRPR
REMHWLYRpDPDQXWHQomRGRDJHQFLDPHQWRPRQRSROLVWDGRVXVXiULRVQRLQWHULRU
GHVXDSODWDIRUPD ´
(VVDV FDUDFWHUtVWLFDV VRPDGDV DR XVR LQGLVFULPLQDGR GD LQWHUQHW IRUDP
LQWHQVLILFDGDV GXUDQWH D SDQGHPLD FDXVDGD SHOD &29,' 'HVVH PRGR D
GLYXOJDomR GH FRQWH~GRV PRGLILFDGRV LQWHQFLRQDOPHQWH WHP VLGR DPSODPHQWH
XWLOL]DGDHUHSURGX]LGDSHODH[WUHPDGLUHLWDQR%UDVLOSRUPHLRGHDSOLFDWLYRVH
DVPtGLDVRTXHSRGHPRVFDUDFWHUL]DUFRPRfake news. 1HVVHVHQWLGRWHPVLGR
3DUD PDLRUHV LQIRUPDo}HV D UHVSHLWR GHVVD H[SHULrQFLD FRQVXOWDU
KWWSVZZZXHOEUUHYLVWDVXHOLQGH[SKSKLVWHQVLQRDUWLFOHYLHZ $FHVVR HP
ϲϭ
WUDYDGDXPDYHUGDGHLUDJXHUUDGHQDUUDWLYDVQDLQWHUQHWHQDYLGDUHDO3RGHPRV
DILUPDUTXHDH[WUHPDGLUHLWDFRQVHJXLXVHDSURSULDUPXLWREHPGHVVHHVSDoRH
GLIXQGLUVXDVSHUVSHFWLYDVGHIDVDGDV
eQHVVHVHQWLGRTXH1HZWRQ'XDUWH QRVDMXGDDSHQVDUDUHVSHLWR
GDVWHFQRORJLDVGHQWURGDHGXFDomRVHSRVLFLRQDQGRFRQWUDDV³SHGDJRJLDVGR
DSUHQGHUDDSUHQGHU´'HDFRUGRFRPHOHQmRSRGHPRVVHULQJrQXRVDRSHQVDU
TXHRDOWRJUDXGHGHVHQYROYLPHQWRWHFQROyJLFRLPSOLFDULDQHFHVVDULDPHQWHHP
XPD PDLRU VRFLDOL]DomR H SRU VXD YH] DFHVVR DR FRQKHFLPHQWR H D
DSUHQGL]DJHP3HQVDUGHVVHPRGRLPSOLFDHPXPJUDQGHHTXtYRFR3RUWDQWRp
QHFHVViULRUHWRPDUDVFRQVLGHUDo}HVGH-XOLD0DODQFKHQ SDUDH[SOLFLWDU
TXH D SHGDJRJLD KLVWyULFRFUtWLFD QmR QHJD D LGHLD GR SURJUHVVR PDV VLP D
EXUJXHVLDTXHVHWRUQDDVXDPHQVDJHLUDHDVIRUPDVFRPRHODRVDSUHVHQWD
³e LQGLVSHQViYHO FRQVHUYDUPRV DV SURGXo}HV GR FDSLWDOLVPR
FRPRRVDYDQoRVFLHQWtILFRVWHFQROyJLFRVHDUWtVWLFRVSDXWDQGR
QRVQDFLrQFLDGHTXHGLVSRPRVSDUDDYDQoDUTXDOLWDWLYDPHQWH
SDUDXPQRYRVDEHUFRPRHQWHQGLPHQWRGHTXHHVWHVDOWRQmR
VH HIHWLYDUi VHP D DSURSULDomR GD FLrQFLD Mi H[LVWHQWH
(QWHQGHPRV SRUWDQWR TXH DR ORQJR GD KLVWyULD RV KRPHQV
FRQVWURHP R VDEHU REMHWLYR e HVVH VDEHU TXH GHYH VHU D
UHIHUrQFLD SDUD R SODQHMDPHQWR D RUJDQL]DomR H D UHDOL]DomR
GDVDWLYLGDGHVHVFRODUHV´ 0$/$1&+(1S
'HVVDIRUPDDFUHGLWDPRVVHUQHFHVViULRTXHDHVFRODRVFXUUtFXORVHRV
SURIHVVRUHV VH DSURSULHP GHVVDV QRYDV WHFQRORJLDV H DV XWLOL]HP HP VDOD GH
DXOD PDV QmR GH IRUPD DFUtWLFD VHSDUDGD GH VXD KLVWRULFLGDGH 3RU LVVR
UHWRPDPRV D LGHLD GH FXUUtFXOR FRPR SRWHQFLDOL]DGRU GR SURFHVVR GH
WUDQVPLVVmRDVVLPLODomR GR FRQKHFLPHQWR FOiVVLFR SRU SDUWH GRV HVWXGDQWHV
$FUHGLWDPRV TXH DV PtGLDV VRFLDLV H D LQWHUQHW FRPR XP WRGR SRGHP VHU
LQVWUXPHQWDOL]DGDVSDUDSRVVLELOLWDURDFHVVRGRVHVWXGDQWHVDRFRQKHFLPHQWR
FOiVVLFRHPFRQWUDSRVLomRDRFRQKHFLPHQWRYXOJDUL]DGRQDVUHGHV
3DUDILQDOL]DUHYLGHQFLDPRVXPH[HPSORGHTXHpSRVVtYHOUHDOL]DUHVVH
WLSRGHH[HUFtFLRSHGDJyJLFR6HMDHPPHLRDRFRWLGLDQRRXDWpPHVPRHQWUHD
HVFULWDKLVWRULRJUiILFDH[LVWHXPDJUDQGHGLVSXWDSHORVVLJQLILFDGRVGRJROSHGH
H D GLWDGXUD HPSUHVDULDOPLOLWDU QR %UDVLO 'LDQWH GLVVR WHPRV
FRQKHFLPHQWR GH SUiWLFDV HVFRODUHV GHVHQYROYLGDV SRU DOJXQV HVWXGDQWHV GR
FXUVRGH+LVWyULDGD8QLYHUVLGDGH)HGHUDOGH$OIHQDVSRUPHLRGR3URJUDPD
,QVWLWXFLRQDOGH%ROVDVGH,QLFLDomRj'RFrQFLD 3,%,' TXHQRVLQGLFDPIRUPDV
ϲϮ
SDUDOLGDUFRPVLWXDo}HVVHPHOKDQWHVHDEUHPEUHFKDSDUDRGHVHQYROYLPHQWR
GHRXWURVWLSRVGHSURFHVVRVGHHQVLQRHDSUHQGL]DJHP
$ SDUWLU GHVVDV DWLYLGDGHV SHGDJyJLFDV WUDEDOKDGDV SRU /RZDQGH
)RQVHFD H )HUQDQGHV IRL SRVVtYHO SHUFHEHU TXH p QHFHVViULR
LQVWUXPHQWDOL]DUDVPtGLDVHDVUHGHVVRFLDLVSDUDGHVHQYROYHUXPDSUiWLFDGH
HQVLQR TXH HQWUH HP GLiORJR FRP R FRQKHFLPHQWR KLVWRULFDPHQWH DFXPXODGR
VHP FRQWXGR H[FOXLU RV DYDQoRV WHFQROyJLFRV SURGX]LGRV SHOD VRFLHGDGH GR
FDSLWDO'HVVHPRGRpSRVVtYHOYLVXDOL]DUXPDSUiWLFDHGXFDWLYDTXHFRQVHJXLX
FRQIURQWDU D JXHUUD GH PHPyULDV HP WRUQR GD GLWDGXUD HPSUHVDULDO PLOLWDU GH
HFULDURXWUDPDLVMXVWDSDUDHVVHDFRQWHFLPHQWR
2V FRQWH~GRV HQFRQWUDGRV SHORV HVWXGDQWHV QDV UHGHV VRFLDLV IRUDP
XWLOL]DGRV HP FRQWUDSRVLomR DRV PDWHULDLV QHJDFLRQLVWDV TXH HOHV PHVPRV
FRQVXPLDPDFULWLFDPHQWH(VVDSUiWLFDWURX[HHIHLWRVSRVLWLYRVSDUDRSURFHVVR
GHDSUHQGL]DJHPGRVHVWXGDQWHVTXHVRXEHUDPVHDSURSULDUGRFRQKHFLPHQWR
FLHQWtILFRGLVFXWLGRHLQFRUSRUiORVjVDWLYLGDGHVSURSRVWDVSHORVJUXSRVHPVDOD
GH DXOD (VVH SURMHWR QRV PRVWUD TXH p SRVVtYHO UHDWLYDU RXWUDV PHPyULDV D
UHVSHLWR GH DFRQWHFLPHQWRV SDVVDGRV TXH QmR DV YXOJDUL]Do}HV KHJHP{QLFDV
GLYXOJDGDV SHODV UHGHV $V IRQWHV GLVSRQtYHLV SDUD R GHVHQYROYLPHQWR H D
SRWHQFLDOL]DomR GH DWLYLGDGHV GHVWH WLSR VmR GDV PDLV YDULDGDV GHVGH
GRFXPHQWRV DUTXLYtVWLFRV D GHSRLPHQWRV RUDLV &RP HVVD H[SHULrQFLD UHDO
WHPRVDOWHUQDWLYDVSUiWLFDVSDUDDVDWLYLGDGHVSHGDJyJLFDVQRHQVLQRGHKLVWyULD
LQGtJHQD H D SRVVLELOLGDGH GH GHVHQYROYLPHQWR GH KLVWyULDV H PHPyULDV PDLV
MXVWDVVREUHHVVHVSRYRV
&DEH VDOLHQWDU TXH VDEHPRV TXH D HGXFDomR p XP FRPSRQHQWH
LPSRUWDQWH SDUD D WUDQVIRUPDomR GD UHDOLGDGH PDV QmR SRGH VHU R ~QLFR 1R
HQWDQWR R WUDEDOKR GR SURIHVVRU FRPSURPHWLGR FRP D OXWD GH FODVVHV GHYH
IXQFLRQDUQRVHQWLGRGHEXVFDUDWRPDGDGHFRQVFLrQFLDGRVHVWXGDQWHVVREUH
VXDSUySULDFRQGLomRKLVWyULFDHPGLiORJRHIRUPDomRSDUDHFRPDVEDVHV2
FXUUtFXOR GHYH VHU GHVHQYROYLGR SDUD SHQVDU D KXPDQLGDGH HQTXDQWR
FROHWLYLGDGHRVHVWXGDQWHVHQTXDQWRVXMHLWRVKLVWyULFRVHQDGHVQDWXUDOL]DomR
GDVUHODo}HVVRFLDLVTXHFRPS}HPQRVVRVLVWHPD2VFXUUtFXORVVmR
D H[SUHVVmR GDV FRQFHSo}HV GH VHU KXPDQR GD QDWXUH]D GD
VRFLHGDGH GR FRQKHFLPHQWR GD HGXFDomR GR HQVLQR H GD
ϲϯ
ϲϰ
)5(,5(3DXOR3ROtWLFDHHGXFDomR5LRGH-DQHLUR3D]H7HUUD
*8,0$5(60DQRHO/XL]6DOJDGR1DomRHFLYLOL]DomRQRVWUySLFRV2
,QVWLWXWR+LVWyULFRH*HRJUiILFR%UDVLOHLURHR3URMHWRGHXPD+LVWyULD1DFLRQDO
5HYLVWD(VWXGRV+LVWyULFRV5LRGH-DQHLURQ&3'2&S
/2:$1'(:DOWHU)216(&$9LQLFLXV)(51$1'(63HGUR$GLWDGXUDGH
QD,QLFLDomRj'RFrQFLD2HQVLQRHQWUHRGHYHUGHPHPyULDHDV
GLVSXWDVPLGLiWLFDV+LVWyULD (QVLQR/RQGULQDYQMDQMXQS
0$/$1&+(1-$3HGDJRJLD+LVWyULFR&UtWLFDHR&XUUtFXORSDUDDOpPGR
PXOWLFXOWXUDOLVPRGDVSROtWLFDVFXUULFXODUHVQDFLRQDLV7HVHGH'RXWRUDGR
$UDUDTXDUD81(63
BBBBBBBBBBB&XUUtFXORH3HGDJRJLDKLVWyULFRFUtWLFDDGHIHVDGD
XQLYHUVDOLGDGHGRVFRQWH~GRVHVFRODUHV;$13('6XO)ORULDQySROLVRXWXEUR
GHES
0217(,52-RKQ7XSLVWDSXLDVHKLVWRULDGRUHVHVWXGRVGHKLVWyULD
LQGtJHQDHLQGLJHQLVPR7HVHGHOLYUHGRFrQFLD&DPSLQDV8QLFDPS
'LVSRQtYHOHPKWWSZZZHWQROLQJXLVWLFDRUJWHVHPRQWHLUR
5(%8È(GXDUGR&267$5HJLQDOGR*20(65RGULJR/LPD5
&+$%$/*2,7<'LHJR RUJV 1HR IDVFLVPRVHHGXFDomRUHIOH[}HV
FUtWLFDVVREUHRDYDQoRFRQVHUYDGRUQR%UDVLO5LRGH-DQHLUR0yUXOD
(GLWRUD
6$9,$1,'(VFRODHGHPRFUDFLDHG&DPSLQDV$XWRUHV$VVRFLDGRV
F
BBBBBBBBBBB3HGDJRJLD+LVWyULFR&UtWLFDHG&DPSLQDV$XWRUHV
$VVRFLDGRVE
6$9,$1,''8$57(1&RQKHFLPHQWRHVFRODUHOXWDGHFODVVHVD
SHGDJRJLDKLVWyULFRFUtWLFDFRQWUDDEDUEiULH&DPSLQDV$XWRUHV
$VVRFLDGRV
ϲϱ
)$=(56(352)(6625 $ '(+,67Ï5,$1$55$7,9$6
'2&(17(6(0)250$d2,1,&,$/
7DPLUHVGH0RXUD1RJXHLUD5RVD
0DUFXV/HRQDUGR%RPILP0DUWLQV
,QWURGXomR
(VWHWUDEDOKRLQWHJUDXPPHPRULDOGHVHQYROYLGRFRPRDWLYLGDGHGDGLVFLSOLQD
Metodologia do Ensino de História TXH FRPS}H R FXUUtFXOR GR FXUVR GH
/LFHQFLDWXUDHP+LVWyULDGD8QLYHUVLGDGH)HGHUDOGH-XL]GH)RUD 8)-) (VVH
H[HUFtFLRFRQVLVWLXHPXPDFRQVWUXomRDXWRUDOQDTXDORV DV SURIHVVRUHV DV
HPIRUPDomRLQLFLDOGLVFHQWHVGRFXUVRGHYHULDPGHPRQVWUDUDVDSUHQGL]DJHQV
DOFDQoDGDVQDWUDMHWyULDGDGLVFLSOLQD$DWLYLGDGHIRLUHDOL]DGDHQWUHRVPHVHV
GHQRYHPEURGHHIHYHUHLURGHVHJXLQGRRFURQRJUDPDGDGLVFLSOLQD
TXH VH HQFRQWUDYD QR FRQWH[WR GH (QVLQR 5HPRWR (PHUJHQFLDO GHYLGR j
SDQGHPLDGHFRYLG
$SURSRVWDGR0HPRULDOFRQVLVWHHPXPDDWLYLGDGHLQGLYLGXDO(QWUHWDQWRQD
EXVFDSRUXPDDSUR[LPDomRHQWUHRVGLVFHQWHVGRFXUVRVXUJLXDLGHLDGHWRUQDU
HVWH HVSDoR XP OXJDU GH HQFRQWURV SDUD DOpP GDV IURQWHLUDV GR Classroom
SODWDIRUPD GLJLWDO XWLOL]DGD SDUD DV DXODV VtQFURQDV H DVVtQFURQDV ,VWR p WDO
FRPRRVFRUUHGRUHVGDXQLYHUVLGDGHDEULJDYDPDVFRQYHUVDVLQIRUPDLVHQWUHRV
HVWXGDQWHV HVWH WUDEDOKR WDPEpP EXVFD DFROKHU DV QDUUDWLYDV GR ID]HUVH
SURIHVVRUDGH+LVWyULDHPFRPXQLGDGH$VVLPHVVDpXPDHVFULWDTXHSDUWHGD
HVFXWD SHVVRDO H FROHWLYD GD H[SHULrQFLD GH PXOKHUHV TXH VH HQFRQWUDP QR
SHUFXUVR GD IRUPDomR LQLFLDO FRPR SURIHVVRUDV GH +LVWyULD H TXH
VLPXOWDQHDPHQWH FRPSDUWLOKDP DV H[SHULrQFLDV GD GLVFLSOLQD Metodologia do
Ensino de HistóriaQD8)-)
*UDGXDQGD HP +LVWyULD SHOD 8QLYHUVLGDGH )HGHUDO GH -XL] GH )RUD 8)-) %ROVLVWD GR
3URJUDPD ,QVWLWXFLRQDO GH %ROVDV SDUD ,QLFLDomR &LHQWtILFD 3,%,&&13T (PDLO
WDPQURVD#JPDLOFRP
'RXWRUHP(GXFDomR 8)5- 3URIHVVRUGDiUHDGH(QVLQRGH+LVWyULDGD8QLYHUVLGDGH)HGHUDO
GH-XL]GH)RUDHGRV3URJUDPDVGH3yVJUDGXDomRHP(GXFDomR 33*(8)-) HHP(QVLQR
GH+LVWyULD 3URI+LVWyULD8)5- (PDLO
PDUFXVERPILP#JPDLOFRP
ϲϲ
'HVVDIRUPDHVWHWUDEDOKRREMHWLYDDSUHVHQWDUSDUWHGRVUHVXOWDGRVREWLGRV
SRUPHLRGHHQWUHYLVWDVLQGLYLGXDLVVREUHDWUDMHWyULDGHSURIHVVRUDVGH+LVWyULD
HP IRUPDomR LQLFLDO $VVLP R HVWXGR p IRFDGR QR TXDGUR GH FRQVWUXomR GD
LGHQWLGDGHGRFHQWHSHODVSURIHVVRUDVGHPRGRTXHRWUDEDOKRFRQFHQWUDVHQRV
PHVHVHPTXHDGLVFLSOLQDIRLGHVHQYROYLGDFRQWXGRHVVHUHFRUWHQmRLQYLDELOL]D
RXWURVGLiORJRVWHPSRUDLV
3HUFXUVRWHyULFRPHWRGROyJLFR
$SHVTXLVDELRJUiILFDSURSRVWDSRU&KULVWLQH'HORU\0RPEHUJHUSHUFRUUHR
GHVDILRGHUHIOHWLUVREUHDFRQVWLWXLomRLQGLYLGXDOFRPrQIDVHQDLQWHUIDFHHQWUH
DVYLYrQFLDVGRVXMHLWRHDGLPHQVmRFROHWLYDTXHRWUDQVSDVVD'HVVHPRGR
GLDORJDQGRFRPDDQWURSRORJLDVRFLDOR³REMHWRGDSHVTXLVDELRJUiILFDpH[SORUDU
RVSURFHVVRVGHJrQHVHHGHGHYLUGRVLQGLYtGXRVQRVHLRGRHVSDoRVRFLDOGH
PRVWUDU FRPR HOHV GmR IRUPD D VXDV H[SHULrQFLDV FRPR ID]HP VLJQLILFDU DV
VLWXDo}HV H RV DFRQWHFLPHQWRV GH VXD H[LVWrQFLD´ '(/25<020%(5*(5
S &RPLVVRDQWHVGHGDUPRVSURVVHJXLPHQWRQDFRPSUHHQVmRGD
SHVTXLVD ELRJUiILFD FRPR XP SURMHWR HSLVWHPROyJLFR YROWDPRQRV D H[DPLQDU
GXDVLGHLDVDSUHVHQWDGDVSHODDXWRUDRGHYLUHDH[SHULrQFLD
$PRULP H 0RQWHLUR DR UHIOHWLUHP VREUH RV FDPLQKRV LQLFLDLV QD
GRFrQFLD HP +LVWyULD PRELOL]DP D QRomR GH ³QDUUDWLYDV GH VL´ GH 'HORU\
0RPEHUJHU $OpP GLVVR DV DXWRUDV LQWURGX]HP D FRQFHSomR GH GHYLU
FRPSUHHQGHQGRRFRPRXPFRQFHLWRTXH³>@UHPHWHjLGHLDGHXP³YLUDVHU´
QLHW]VFKLDQR GH XP ³VHU´ TXH QmR ³p´ HP GHILQLWLYR RX VHMD TXH QXQFD HVWi
FRPSOHWRPDVTXHHVWiVHPSUH³VHQGR´HPFRQVWDQWHSURFHVVRGHFRQVWLWXLomR
WUDQVIRUPDomRGLIHUHQFLDomRHUHFRQVWLWXLomR´ $025,00217(,52S
1HVVD SHUVSHFWLYD SHUFHEHVH D SURFHVVXDOLGDGH H[LVWHQWH QD IRUPDomR
GHVVH VXMHLWR TXH FRQVWDQWHPHQWH HVWi ³VHQGR´ PDV TXH DR PHVPR WHPSR
WHPDSRWHQFLDOLGDGHGHVHWUDQVIRUPDUFRQWLQXDPHQWH
%RQGtD S SRU VXD YH] DERUGD D H[SHULrQFLD FRPR ³R TXH QRV
SDVVD R TXH QRV DFRQWHFH R TXH QRV WRFD 1mR R TXH VH SDVVD QmR R TXH
DFRQWHFHRXRTXHWRFD´'HVVDIRUPDHYLGHQFLDVHDGLPHQVmR SHVVRDOTXH
WRUQD D H[SHULrQFLD XP IHQ{PHQR TXH HP PHLR j WUDYHVVLD H DR ULVFR SRGH
ϲϳ
SURSLFLDUXPDDEHUWXUDSDUDDIRUPXODomRGHQRYRVVHQWLGRV&RPLVVRRVDEHU
GD H[SHULrQFLD ± PDUFDGR SRU VXDV FDUDFWHUtVWLFDV SDUWLFXODUHV VXEMHWLYDV
FRQWLQJHQFLDLVHUHODWLYDV±pFDSD]GHIXQGDUXPDQRYDRUGHPHSLVWHPROyJLFD
HpWLFDUHVXOWDQGRQDGLIHUHQoDHQDSOXUDOLGDGHDLQGDTXHRFDPLQKRILQDOQmR
VHMDSUHYLVtYHOGHDQWHPmR %21'Ë$
7HQGRHOXFLGDGRHVVDVTXHVW}HVSRGHPRVHQWmRUHWRUQDUjVSURSRVLo}HV
GH'HORU\0RPEHUJHU VREUHDSHVTXLVDELRJUiILFD$DXWRUDGHVWDFDGRLV
DVSHFWRVIXQGDPHQWDLVSDUDDVXDDERUGDJHPDWHPSRUDOLGDGHELRJUiILFDHD
UD]mRQDUUDWLYD(VVHVHOHPHQWRVHVWmRFRUUHODFLRQDGRVGHPRGRTXHRWHPSR
ELRJUiILFRVLWXDDSHUFHSomRGRVXMHLWRHPUHODomRDRVHVSDoRVGDYLGDVRFLDO$
UD]mRQDUUDWLYDDRVHUDUWLFXODGDSHORWHPSRFRQVWUyLHHODERUDDH[SHULrQFLD
LQGLYLGXDOSRVVLELOLWDQGRDUHIOH[mRVREUHRDJLU'HVVDIRUPDDSHVTXLVDGRUD
DSRQWDRGLVFXUVRQDUUDWLYRFRPRDIRUPDTXHPDQWpPUHODomRFRPDGLPHQVmR
WHPSRUDOGDH[LVWrQFLDHGDH[SHULrQFLDKXPDQD$VVLP³pDQDUUDWLYDTXHID]
GHQyVRSUySULRSHUVRQDJHPGHQRVVDYLGDpHODHQILPTXHGiXPDKLVWyULDD
QRVVDYLGDQmRID]HPRVQDUUDWLYDVGHQRVVDYLGDSRUTXHWHPRVXPDKLVWyULD
WHPRV XPD KLVWyULD SRUTXH ID]HPRV QDUUDWLYD GH QRVVD YLGD´ '(/25<
020%(5*(5SDSXG$025,00217(,52S
1R TXH GL] UHVSHLWR jV SUiWLFDV PHWRGROyJLFDV 'HORU\0RPEHUJHU
WUDEDOKDFRPRPDWHULDOELRJUiILFRDWUDYpVGRVDWRVGHELRJUDIL]DomR3RVWRD
LPSRUWkQFLD GR FDUiWHU QDUUDWLYR D DXWRUD YROWDVH SDUD FHQWUDOLGDGH GD
HQWUHYLVWD ELRJUiILFD QHVVH SURFHVVR TXH WHP D ILQDOLGDGH GH DSUHHQGHU H
FRPSUHHQGHU ³D FRQILJXUDomR VLQJXODU GH IDWRV GH VLWXDo}HV GH
UHODFLRQDPHQWRV GH VLJQLILFDo}HV GH LQWHUSUHWDo}HV TXH FDGD XP Gi j VXD
SUySULD H[LVWrQFLD H TXH IXQGD R VHQWLPHQWR TXH WHP GH VL SUySULR FRPR VHU
VLQJXODU´ '(/25<020%(5*(5 S 'HVVH PRGR WDPEpP
SURS}HVH XPD OyJLFD RXWUD SDUD D HQWUHYLVWD FRP PDLRU DEHUWXUD SDUD TXH R
QDUUDWiULR TXH GHL[D GH VHU HQWUHYLVWDGRU VLJD RV FDPLQKRV SHUFRUULGRV SHOR
QDUUDGRU LVWR p R HQWUHYLVWDGR LQYHUWHQGR D RUGHP FDQ{QLFD GRV SDUHV
HQWUHYLVWDGRUHQWUHYLVWDGRHSHUJXQWDUHVSRVWD
,VWR SRVWR DV FRQWULEXLo}HV GH &KULVWLQH 'HORU\0RPEHUJHU VmR
IXQGDPHQWDLVSDUDHVWHWUDEDOKRDRSDVVRTXHDDXWRUDpFDSD]GHLQWHJUDUDV
ϲϴ
GLPHQV}HV GD DXWR ELRJUDILD jV WHPSRUDOLGDGHV GRV VXMHLWRV TXH QDUUDP $
DUWLFXODomR SURPRYLGD SHOD SHVTXLVDGRUD FRODERUD SDUD D UHIOH[mR VREUH D
IRUPDomRLQLFLDOGHSURIHVVRU D VGH+LVWyULDGHYLGRjFHQWUDOLGDGHGDGLPHQVmR
WHPSRUDOSDUDRFRQKHFLPHQWRKLVWyULFRHWDPEpPSDUDR(QVLQRGH+LVWyULD
JXDUGDGDV DV GHYLGDV HVSHFLILFLGDGHV GR VDEHU KLVWyULFR HVFRODU 1R HQWDQWR
QmRWUDEDOKDPRVDSHQDVFRPRHVWXGRGD+LVWyULDPDVVLPFRPDVQDUUDWLYDV
HODERUDGDV SHODV SURIHVVRUDV HP IRUPDomR LQLFLDO )D]VH QHFHVViULR SRLV
PDUFDUTXHRWHPSRGDELRJUDIL]DomRQmRGHYHVHUFRPSUHHQGLGRFRPRRSUySULR
WHPSR KLVWyULFR $ REMHWLYDomR GD +LVWyULD SRGH LQFRUSRUDU QDUUDWLYDV
PHPRULDOtVWLFDV HP VXD HODERUDomR FRQWXGR PHPyULD H KLVWyULD VmR IDFHV
GLVWLQWDVGDFRPSUHHQVmRGRSDVVDGR
eQHFHVViULRWDPEpPSURPRYHUXPDLQWHUORFXomRHQWUHRVHQWHQGLPHQWRV
MiSRQWXDGRVHDHVSHFLILFLGDGHGDLGHQWLGDGHGRFHQWH1yYRD VXEOLQKD
DOJR TXH SRGH SDUHFHU yEYLR PDV QHP VHPSUH R p R D SURIHVVRU D p XPD
SHVVRDHXPDSDUWHLPSRUWDQWHGDSHVVRDpR D SURIHVVRU D $VVLPDEXVFD
SRU LQWHUVHFo}HV HQWUH DV GLPHQV}HV GR VHU KXPDQR H GR VHU SURIHVVRU SRGH
SRVVLELOLWDUXPDIRUPDomRTXHHQFRQWUHVHQWLGRQRTXDGURGHVXDVKLVWyULDVGH
YLGD$IRUPDomRGDLGHQWLGDGHGRFHQWHWDPEpPpLQWHUSHODGDSRUXPDFRQVWDQWH
UH FRQVWUXomR GH VL R TXH OHYD R DXWRU D WUDEDOKDU FRP D LGHLD GH SURFHVVR
LGHQWLWiULR DEDUFDQGR QHJRFLDo}HV HPEDWHV H FRQIOLWRV $LQGD QHVVD
SHUVSHFWLYD p LPSRUWDQWH SHUFHEHU TXH HVVH SURFHVVR HVWi LQVHULGR HP
FRQWH[WRVKLVWyULFRVSROtWLFRVVRFLDLVHHFRQ{PLFRV )5(,7$6
$OpP GLVVR UHIOHWLU VREUH R ID]HUVH SURIHVVRU D DEUDQJH GLPHQV}HV
HVSHFtILFDVGDGRFrQFLDHP+LVWyULD'HVVDIRUPD3DJqV QRVTXHVWLRQD
QRTXHFRQVLVWHDIRUPDomRGHXP D SURIHVVRU D GH+LVWyULD"3DUDRDXWRU³>@
HQVHxDUKLVWRULDHQVHFXQGDULDFRQVLVWHHQSUHSDUDUDORVMyYHQHVSDUDTXHVH
VLW~HQHQVXPXQGRVHSDQLQWHUSUHWDUORGHVGHVXKLVWRULFLGDG\TXLHUDQLQWHUYHQLU
HQ pO FRQ FRQRFLPLHQWR GH FDXVD TXLHUDQ VHU SURWDJRQLVWDV GHO GHYHQLU
KLVWyULFR´ 3$*Ê6 S &RP LVVR D IRUPDomR SDVVD VHU
³>@HQVLQDUKLVWyULDQRHQVLQRPpGLRFRQVLVWHHPSUHSDUDURVMRYHQVSDUDTXHSRVVDPVHVLWXDU
HP VHX PXQGR VDLEDP LQWHUSUHWiOR D SDUWLU GH VXD KLVWRULFLGDGH H TXHLUDP QHOH LQWHUYLU FRP
FRQKHFLPHQWRGHFDXVDTXHLUDPVHUSURWDJRQLVWDVGRWUDQVFXUVRKLVWyULFR´ 3$*Ê6S
WUDGXomRQRVVD
ϲϵ
FRPSUHHQGLGDQmRDSHQDVFRPRXPHVSDoRSHUPHDGRSHORVVDEHUHVYROWDGRV
SDUDiUHDHGXFDFLRQDOPDVVLPHPXPDSHUVSHFWLYDTXHFRORFDHPGLiORJRRV
P~OWLSORV VDEHUHV TXH HQYROYHP D GRFrQFLD HP +LVWyULD 1HVVH VHQWLGR p
IXQGDPHQWDO FRPSUHHQGHU R HQVLQR GH +LVWyULD HP XP OXJDU GH IURQWHLUD
SURSLFLDQGR XP HVSDoR GH WURFDV H UHFRQKHFLPHQWRV GDV HVSHFLILFLGDGHV GR
FDPSR 0217(,523(11$
'LDQWHGRH[SRVWRIXQGDPHQWDPRQRVQRHQWHQGLPHQWRGHTXHRWRUQDUVH
SURIHVVRU D p XP SURFHVVR TXH GLDORJD FRP D SUySULD FRQGLomR HQTXDQWR
SHVVRDKXPDQDFRPRVPHLRVHFRPDVWHPSRUDOLGDGHVHPTXHVHKDELWD$
QDUUDWLYDSUHVHQWHQRVDWRVGHELRJUDIL]DomRSURGX]LGRVSDUDHVWHWUDEDOKRpD
IRUPD SHOD TXDO EXVFDPRV UHJLVWUDU H UHIOHWLU VREUH SDUWH GR SURFHVVR GH
IRUPDomRLQLFLDOLVWRpGRID]HUVHSURIHVVRUDGH+LVWyULD$VVLPHVVDpXPD
DWLYLGDGHDUWHVDQDOFXMRUHVXOWDGRSRUWDGLPHQV}HVVXEMHWLYDVHSHVVRDLVHTXH
p DUTXLWHWDGD HP LQWHUORFXomR FRP RV FRQKHFLPHQWRV GD GLVFLSOLQD GH
0HWRGRORJLD GR (QVLQR GH +LVWyULD H GH IRUPD JHUDOGR FDPSR GR (QVLQR GH
+LVWyULD
$VHQWUHYLVWDV
'HQWUH DV DWLYLGDGHV GHVHQYROYLGDV QR 0HPRULDO KRXYH D UHDOL]DomR GH
HQWUHYLVWDV FRP RXWUDV HVWXGDQWHV LQVFULWDV QD GLVFLSOLQD GH 0HWRGRORJLD GR
(QVLQR GH +LVWyULD &RPR LQGLFDGR DQWHULRUPHQWH HVWH WUDEDOKR DSUHVHQWD XP
UHFRUWH GHVVD GLVFXVVmR FHQWUDQGRVH QDV QDUUDWLYDV SURGX]LGDV SHODV
GLVFHQWHVDRORQJRGHVVDVHQWUHYLVWDVLQGLYLGXDLVTXHIRUDPHQFRQWURVHPPHLR
YLUWXDO
$ GLQkPLFD GDV HQWUHYLVWDV IRL LGHDOL]DGD SDUD TXH HODV DFRQWHFHVVHP HP
GRLVPRPHQWRVFRPFDGDHQWUHYLVWDGD$SULPHLUDHQWUHYLVWDRFRUUHULDQRLQtFLR
HDVHJXQGDDRILPGRVHPHVWUHOHWLYR3RULVVRDSULPHLUDFRQYHUVDRFRUUHXHP
PHDGRV GR PrV GH QRYHPEUR XP PrV DSyV R LQtFLR GDV DXODV H D VHJXQGD
HQWUHYLVWDIRLUHDOL]DGDDRILPGRPrVGHMDQHLURHQRLQtFLRGRPrVGHIHYHUHLUR
GH$SyVRDFHLWHGDSDUWLFLSDomRFDGDFRQYLGDGDUHFHEHXXP7HUPRGH
&RQVHQWLPHQWR/LYUHH(VFODUHFLGR1HVVHPRPHQWRRSWDPRVSHORDQRQLPDWR
QD GLYXOJDomR GR UHVXOWDGR GDV HQWUHYLVWDV 3RU FRQVHTXrQFLD DV IDODV GDV
ϳϬ
ϳϭ
+LVWyULD@ >@ SRUTXH TXDQGR HVWRX Oi HX VLQWR ³QRVVD HVWRX
DSUHQGHQGRHVVHDXWRUHVVDDXWRUD>@´$tTXDQGRYRXSDUDD
>)DFXOGDGHGH@(GXFDomRHXTXHVRXDSURIHVVRUDHPIRUPDomR
>@7HPHVVDVRQGXODo}HV
$QDUUDWLYDDSUHVHQWDGDpLPSRUWDQWHSRUTXHDSUHVHQWDDVH[SHULrQFLDVGD
HQWUHYLVWDGDGHIRUPDDOHYDQWDUGLVFXVV}HVVREUHRSURFHVVRGHIRUPDomRGD
LGHQWLGDGH GRFHQWH TXH FRQYLYH FRP RXWUDV LGHQWLGDGHV GHVVH VXMHLWR H VH
LQVFUHYHHPXPHVSDoRWHPSRHVSHFtILFR$OpPGLVVRHVVHSURFHVVRLGHQWLWiULR
p PDUFDGR FRPR D SUySULD HQWUHYLVWDGD GL] SRU ³RQGXODo}HV´ 2X VHMD p
FDUDFWHUL]DGR SRU XPD GLQkPLFD TXH HQYROYH QHJRFLDo}HV H FRQIOLWRV
DSUR[LPDo}HVHGLVWDQFLDPHQWRV
2XWURSRQWRTXHSRVVLELOLWDUHIOH[mRQDDQiOLVHGDHQWUHYLVWDGD$%pDVXD
LGHQWLILFDomRFRPRSURIHVVRUDGH+LVWyULDHPIRUPDomRLQLFLDOHPGHWHUPLQDGRV
HVSDoRV&RPLVVRSHUFHEHVHTXHDLGHQWLGDGHGRFHQWHHVWiHPSHUPDQHQWH
UH FRQVWUXomR±HODQmRpSRUWDQWRHVWiWLFDGHILQLGDGHDQWHPmRDRPHQRV
SDUDRFDVRGH$%'HVVDIRUPDHYLGHQFLDVHRTXH$PRULPH0RQWHLUR
FRPSUHHQGHPFRPRRGHYLUGHVVHSURFHVVRLGHQWLWiULR
-~OLD WDPEpP H[S}H VXDV SRQGHUDo}HV GH FRPR QmR VH SHUFHEH FRPR
SURIHVVRUDHPIRUPDomRLQLFLDO$RVHUTXHVWLRQDGDDHQWUHYLVWDGDDILUPD
&DUD HVVD p D SHUJXQWD PDLV GLItFLO TXH YRFr Mi PH IH] (X
OLWHUDOPHQWH QmR SHQVR (X Vy YRX WLSR WHP TXH ID]HU WDO
PDWpULD>@(XHVWRXPXLWRDVVLPVHJXLQGRRIOX[R(XSHQVR
PXLWRDVVLPSRUHXQmRVHUDGHSWDPXLWRDOLFHQFLDWXUDHXWHQWR
QmRSHQVDUQDVFRLVDVQHJDWLYDV>@6yTXHVHHXSHQVDUHP
FRLVDVQHJDWLYDVYDLVHUPXLWRPDLVGLItFLOHQWmRHXGHL[RURODU
>@ (QWmR SDUD PLP HVVD SHUJXQWD >@ HX PHLR TXH QmR VHL
UHVSRQGHU SRUTXH DLQGD QmR WHQKR XPD UHVSRVWD SDUD HOD
SRUTXHHXSHQVRPXLWROiQDIUHQWHPDLVFRPRSHVTXLVDGRUD>@
(X YRX WHU TXH SDVVDU SHOD OLFHQFLDWXUD PDV QmR VHL QmR PH
YHPPXLWRHVVDFRLVD(XPHLPDJLQRFRPRSURIHVVRUDGDIRUPD
TXHHXWHIDOHLPDVHXQmRILFRWmRSUHVDQLVVRSRUTXHHXQmR
TXHURILFDUSUHVDQLVVR
$QDUUDWLYDGDHQWUHYLVWDGDWUD]DSRQWDPHQWRVTXHGHPRQVWUDPTXHDSHVDU
GDHVFROKDSHOD/LFHQFLDWXUDHP+LVWyULDVHXVREMHWLYRVVHYROWDPPDLVSDUDD
SHVTXLVDKLVWyULFDGRTXHSDUDDIRUPDomRFRPRSURIHVVRUDGH+LVWyULD0DUFD
VHTXHHVWHVSURFHVVRVQmRVmRH[FOXGHQWHVHPVLPDVOHYDPDHQWUHYLVWDGDD
WHURHQWHQGLPHQWRGDOLFHQFLDWXUDFRPRSDUWHGHXPWUDQVFXUVRPDLVDPSORTXH
VH YROWD SDUD D VXD IRUPDomR FRPR SHVTXLVDGRUD (VVD IDOD UHDWXDOL]D XPD
SHUVSHFWLYD FRPXP DR FDPSR GD IRUPDomR GRFHQWH DR HQWHQGHU D HGXFDomR
ϳϮ
FRPRXPHVSDoRYROWDGRSDUDDGLPHQVmRSUiWLFDGDSURILVVmR±VRFLDOPHQWH
PHQRV UHOHYDQWH GR TXH D SHVTXLVD ± H FRP LVVR VXJHVWLRQDVH TXH QmR VH
UHDOL]D SHVTXLVD QD (GXFDomR 'HVVH PRGR p YLVtYHO D SUHVHQoD GH RXWUDV
LGHQWLGDGHVSDUDDOpPGDGRFrQFLDQDIRUPDomRSURSRUFLRQDGDSHORFXUVRGH
+LVWyULD
$ H[SODQDomR GD HQWUHYLVWDGD WDPEpP p PDUFDGD SHOR GLiORJR H SHOD
GLIHUHQoDHQWUHDVWHPSRUDOLGDGHVDRWUDWDUGHVXDVLGHQWLGDGHV(QTXDQWRQR
SUHVHQWHH[LVWHXPYiFXRGHUHVSRVWDDRDILUPDUTXHQmRVDEHULDUHVSRQGHUj
TXHVWmROHYDQWDGDSDUDVHXKRUL]RQWHIXWXURKiSHUVSHFWLYDVGRH[HUFtFLRGH
DWLYLGDGH GRFHQWH H GH SHVTXLVD FRP IRFR QHVVD ~OWLPD 'HVVH PRGR D
HQWUHYLVWDGDQmRWUDoDUHIOH[}HVVREUHVLPHVPDFRPRSURIHVVRUDHPIRUPDomR
QRPRPHQWRGDHQWUHYLVWDPDVHVERoDLPDJHQVIXWXUDVGHVXDDWXDomRFRPR
GRFHQWH
*DODGULHOUHIOHWHVREUHVXDLGHQWLGDGHFRPRSURIHVVRUDHPIRUPDomRDRGL]HU
TXH
1R KRMH TXDQGR HX YHMR R 0DUFXV IDODQGR TXH D JHQWH Mi p
SURIHVVRU HP IRUPDomR HX DVVXVWR XP SRXFR QD YHUGDGH
SRUTXHQDPLQKDFDEHoDHXHUDVyGLVFHQWH>@(QWmRHXQmR
PH HQ[HUJDYD PXLWR GHVVH MHLWR HPERUD HX Mi WLYHVVH
H[SHULrQFLDFRPDXOD1mRpQRVHQWLGRGHQmRPHFRORFDUQHVVH
SDSHOpPDLVGHXPDUHVSRQVDELOLGDGHTXHHXFDUUHJRFRPLJR
3DUHFHTXHTXDQGRHXIDORTXHVRXSURIHVVRUDFRPWRGDVHVVDV
SDODYUDVHXHVWRXFRORFDQGRXPSHVRHQRUPHVDEH">@¬V
YH]HV HX WHQKR XPD GLILFXOGDGH GH PH YHU VHQGR SURIHVVRUD
PDVHXLPDJLQRTXHFRPRWHPSRHXPHDFRVWXPHFRPLVVRDWp
SRUTXHHXMiIXLFKDPDGDGHSURIHVVRUD0DVHXDFKRTXHFRPR
HXQmRTXHURDVVLP>@SDUHFHTXHTXDQGRDJHQWHIDODTXH
³HXVRXSURIHVVRUD´SDUHFHTXHVHHVWiFRORFDQGRQXPOXJDUGH
SHGHVWDO >@ 0DV HX DLQGD QmR FKHJXHL QR ILQDO PDV QmR
LPDJLQR TXH D IDFXOGDGH VHMD R ILQDO GH WXGR1mR p 9RFr YDL
FRQWLQXDU HVWXGDQGR (QWmR HX DFKR TXH VRX XPD FRQVWDQWH
SURIHVVRUD HP IRUPDomR >@ (X VRX XPD SURIHVVRUD HP
IRUPDomR>@6yTXHPHSDUHFHTXHDJHQWHQmRVHYrOiQmR
SRUTXHDJHQWHQmRTXHUPDVSRUXPDGLILFXOGDGHUHDOPHQWHGH
VH LPDJLQDU QHVVH OXJDU GH DFDGrPLFR GH SHVVRD
H[WUHPDPHQWHLQWHOLJHQWHGHXPDSHVVRDTXHWHPXPHPSHQKR
WmRJUDQGHTXHFRQVHJXHID]HUXPDGLVFLSOLQDIOXLU>@
$QDUUDWLYDGDHQWUHYLVWDGDGHPRQVWUDDVXDDXWRSHUFHSomRFRPRSURIHVVRUD
HP IRUPDomR GH PRGR PDLV DPSOR 1R HQWDQWR LVVR QmR H[FOXL D
SURFHVVXDOLGDGHGHWDOHQWHQGLPHQWRQHPDLPRELOL]DomRGHVVDLGHQWLGDGH&RP
LVVRWUrVHOHPHQWRVVmRGHVWDFDGRVQRUHODWRGDHQWUHYLVWDGD DGLPHQVmRGH
ϳϯ
UHVSRQVDELOLGDGHRGHYLUGDIRUPDomRHDVLPDJHQVGRTXHVHpVHUXPDERD
SURIHVVRUDGH+LVWyULD*HUW%LHVWDDSRQWDDUHVSRQVDELOLGDGHFRPRXPFRQFHLWR
IXQGDPHQWDOSDUDDFRPSUHHQVmRGRTXHRDXWRUHQWHQGHFRPRXPDOLQJXDJHP
GDHGXFDomR6HJXQGRRSHVTXLVDGRU
6H D HGXFDomR FRQVLVWH HP FULDU RSRUWXQLGDGHV SDUD TXH RV
HVWXGDQWHV YHQKDP DR PXQGR H VH FRQVLVWH HP SURSRU DV
TXHVW}HV GLItFHLV TXH WRUQDP LVVR SRVVtYHO ILFD FODUR TXH D
SULPHLUDUHVSRQVDELOLGDGHGRHGXFDGRUpSHODVXEMHWLYLGDGHGR
HVWXGDQWHSHORTXHSHUPLWHDRHVWXGDQWHVHUXPVHUVLQJXODUH
~QLFR %,(67$Sapud0$57,16S
eSRVVtYHOSRQWXDUDRPHQRVXPDGLPHQVmRGDUHVSRQVDELOLGDGHGDDWXDomR
FRPR GRFHQWH ± D UHVSRQVDELOLGDGH SHOD VXEMHWLYLGDGH GH FDGD HVWXGDQWH
3HUFHEHVH SRLV D UHOHYkQFLD GD UHIOH[mR WUDEDOKDGD SHOD HQWUHYLVWDGD DR
SHQVDUVREUHVXDLGHQWLGDGHFRPRSURIHVVRUDHPIRUPDomRLQLFLDO$GHPDLVD
IDODGH*DODGULHOSRVVLELOLWDTXHVHVXEOLQKHDGLPHQVmRLQLFLDOGDIRUPDomRFRPR
SURIHVVRU D MiTXHDJUDGXDomRpXPSRQWRGHSDUWLGDSDUDXPSURFHVVRPDLV
DPSORTXHVHIDUiSUHVHQWHDRORQJRGHWRGDDSURILVVmRGRFHQWH(VVHSRQWRp
FKDYH SDUD D FRPSUHHQVmR GDV IDODV DSUHVHQWDGDV GHVWDFDQGR D
SURFHVVXDOLGDGH H D QmROLQHDULGDGH QD IRUPDomR GD LGHQWLGDGH GRFHQWH TXH
HQJORED XPD GLYHUVLGDGH GH UHIOH[}HV H FRQVWUXo}HV SHVVRDLV H HP FHUWD
PHGLGDFROHWLYDVTXHDFRQWHFHPDRGHFRUUHUGRWHPSRHH[SDQGHPRVVHQWLGRV
GRID]HUVHSURIHVVRU D GH+LVWyULD
'LDQWH GLVVR HVSHUDVH TXH HVWH PRPHQWR WHQKD SURSRUFLRQDGR XP
PRPHQWRGHUHIOH[mRTXHWHQKDFRQWULEXtGRSDUDRSURFHVVRGHIRUPDomRGDV
HQWUHYLVWDGDV $FUHGLWDQGR QD SRWHQFLDOLGDGH GDV QDUUDWLYDV GH VL H GD
DXWRELRJUDILDSDUDRSURFHVVRGHLQVFULomRGHVLQRWHPSRHQRHVSDoRWDPEpP
DSUHVHQWDPRV XP WUHFKR GH XPD GDV HQWUHYLVWDV HP TXH VH URPSHX D OyJLFD
HQWUHYLVWDGRUDHQWUHYLVWDGD GH PRGR TXH D FRQYLGDGD EXVFRX FRPSUHHQGHU
PHOKRUDWUDMHWyULDGDHQWUHYLVWDGRUD
$%SHUJXQWRXVREUHDHVFROKDSHODJUDGXDomRHP+LVWyULDGDHQWUHYLVWDGRUD
7DPLUHV(PXPDEUHYHFRQWH[WXDOL]DomRDRFRQFOXLUR(QVLQR0pGLRHP
HX7DPLUHVRSWHLSRUFXUVDU(QJHQKDULDGH3URGXomRQD(VFRODGH(QJHQKDULD
GH/RUHQD ((/863 SRLVDVVLPSRGHULDFRQWLQXDUYLYHQGRHPPLQKDFLGDGH
QDWDO&RQWXGRRFXUVRQmRPHUHSUHVHQWDYDID]HQGRFRPTXHRSURFHVVRIRVVH
PDoDQWH H UHGX]LQGR PLQKDV SHUVSHFWLYDV GH VHU XPD SURILVVLRQDO UHDOL]DGD
ϳϰ
'LDQWHGLVVRRSWHLSRUFDQFHODUPLQKDPDWUtFXODDRILPGRSULPHLURVHPHVWUHGR
FXUVRSDUDEXVFDUXPDYDJDSHOR6LVWHPDGH6HOHomR8QLILFDGR 6,68 HPMXOKR
GH&RQVHJXLDDSURYDomRHSDVVHLDFXUVDU+LVWyULDQD8)-)6DEHQGR
GHVWH FRQWH[WR D HQWUHYLVWDGD PH SHUJXQWRX ³(QWHQGR PDV H KRMH ID]HQGR
+LVWyULD"´'HLPHGLDWRUHVSRQGL
ePXLWROHJDODVVLP>@(XDFKRTXHHXHVWDYDDLQGDPXLWRQR
FRPHoR 6DEH TXDQGR YRFr VH DSDL[RQD SRU DOJXpP H p WXGR
PDUDYLOKRVR >@ $JRUD HX Mi PH YHMR QXPD UHODomR PDLV
PDGXUDFRPRFXUVRSRUTXHHXMiVHLPDLVRXPHQRVFRPRp
HXMiVHLDVPLQKDVGLILFXOGDGHV>@pDWUDQVIRUPDomRGRHVWDU
DSDL[RQDGDSDUDDPDUDOJXpP>@4XDQGRYRFrDPDRFXUVR
YRFrVDEHRVSRQWRVERQVHDTXHOHVTXH>@HXQmRTXHUR(X
DLQGDPHVLQWRPXLWRQRFRPHoRGRFXUVRWDOYH]SRUHVWDUQR
HQVLQRUHPRWRH>@HXQmRVLQWRRWHPSRSDVVDUSRUTXHHVWRX
VHQWDGD QR PHVPR OXJDU Ki XP DQR ID]HQGR D PHVPD FRLVD
PHVPRTXHVHMDPFRLVDVGLIHUHQWHV>@(XVLQWRTXHHXFUHVFL
>@ TXH D IRUPD FRPR D PLQKD FDEHoD SHQVD PXGRX >@ jV
YH]HVHXSHQVRH³DKLVWRULFLGDGHGLVVRHRWHPSRKLVWyULFR"´>@
0DV DFKR TXH HVWRX QD WUDQVLomR GR HVWDU DSDL[RQDGD SDUD R
DPDU(HXTXHURDPDUSDUDRUHVWRGDPLQKDYLGD
$PRYLPHQWDomRGHDIHWRVpFHQWUDOSDUDDFRPSUHHQVmRGHVVDSDVVDJHP
7HQGRHPYLVWDDPLQKDH[SHULrQFLDDQWHULRULQLFLHLDJUDGXDomRFRPXPSRXFR
PDLVGHFHUWH]DGDHVFROKDIHLWD0HVPRDVVLPKDYLDXPDFRQVFLrQFLDGHTXH
DTXHODVHUDPSHUFHSo}HVLQLFLDLVHTXHSRVVLYHOPHQWHHODVLULDPVHDOWHUDU&RP
D FRQFOXVmR GR VHJXQGR SHUtRGR Mi SHUFHEL XPD GLIHUHQoD HP PLQKD UHODomR
FRPDXQLYHUVLGDGHFRPDGLVFLSOLQDKLVWyULFDHFRPRHQVLQRGH+LVWyULD+RMH
PHYHMRHPXPKRUL]RQWHIXWXURDLQGDLQFHUWRPDVTXHPHID]LPDJLQDUFHQDV
TXHHVWDUHLHPVDODGHDXODYLYHQFLDQGRHDSUHQGHQGRVLPXOWDQHDPHQWHFRP
RXWURV VXMHLWRV H FRP DV QDUUDWLYDV FRQWDGDV DWUDYpV GD +LVWyULD H DWUDYpV GR
SUySULR PXQGR 0HVPR FRP ULVFRV H LPSUHYLVLELOLGDGHV p QHVVH PRVDLFR GH
WHPSRUDOLGDGHV TXH D PLQKD LGHQWLGDGH FRPR SURIHVVRUD HP IRUPDomR LQLFLDO
YHPVHFRQVWUXLQGRSRXFRDSRXFRGLDDSyVGLDDXODDSyVDXOD
6HJXQGDIDVHGDVHQWUHYLVWDV
6HJXLQGR R SURSyVLWR GR WUDEDOKR DV WUrV HQWUHYLVWDGDV IRUDP FRQYLGDGDV
SDUD XP VHJXQGR PRPHQWR GH FRQYHUVDV LQGLYLGXDLV TXH RFRUUHUDP HQWUH RV
GLDV H GH IHYHUHLUR GH 'R PHVPR PRGR TXH QD SULPHLUD IDVH GDV
HQWUHYLVWDVKRXYHXPURWHLURSDUDJXLDURGLiORJRSRUpPDVFRQYHUVDVQmRVH
ϳϱ
OLPLWDUDP D HOH &DGD HQWUHYLVWD WHYH WUrV WHPDV FHQWUDLV ,GHQWLGDGH QR
0HPRULDO3HUFHSo}HVILQDLVGDGLVFLSOLQDHVHUID]HUVHSURIHVVRUDHPIRUPDomR
LQLFLDO$GXUDomRPpGLDGHFDGDFRQYHUVDIRLGHKRUD0DLVXPDYH]IH]VH
QHFHVViULR XP UHFRUWH GRV WHPDV DERUGDGRV QDV HQWUHYLVWDV &RP LVVR DV
UHIOH[}HVFRQFHQWUDPVHQDDOWHUDomRSHUPDQrQFLDGDLGHQWLGDGHGRFHQWH
,QIHOL]PHQWHRFRUUHXXPSUREOHPDWpFQLFRFRPDVHQWUHYLVWDVGH$%HGH
*DODGULHO$JUDYDomRIRLUHDOL]DGDSRUXPSURJUDPDVHFXQGiULRYLVWRTXHQmR
IRLPDLVSRVVtYHOJUDYDUDVUHXQL}HVSHOR*RRJOH0HHW3RUpPQHVVHSURFHVVR
DSHQDV DV SDUWHV LQLFLDLV GDV HQWUHYLVWDV IRUDP VDOYDV 0HVPR FRP HVVH
SHUFDOoRDDWLYLGDGHSURPRYHXGLiORJRVLPSRUWDQWHVHDH[LVWrQFLDGRHVSDoR
HPVLDSHVDUGHQmRWHUVLGRUHJLVWUDGDSRVVLELOLWRXXPPRPHQWRGHUHIOH[mRH
DSUHQGL]DGRVSDUDDVSDUWLFLSDQWHVSRULVVRFRQVLGHURYiOLGDWDOGLQkPLFD
$GLVFXVVmRVREUHLGHQWLGDGHGRFHQWHIRLXPHOHPHQWRPDUFDQWHQDSULPHLUD
URGDGDGHHQWUHYLVWDV¬YLVWDGLVVRRWySLFRIRLUHWRPDGRQRVHJXQGRSHUtRGR
GHFRQYHUVDV%XVFRXVHQHVVHPRPHQWRLGHQWLILFDUVHKRXYHDOJXPDDOWHUDomR
QD SHUFHSomR DSUHVHQWDGD $R VHU TXHVWLRQDGD VREUH D VXD UHODomR FRP D
OLFHQFLDWXUDHFRPDLGHLDGHVHUXPDSURIHVVRUDHPIRUPDomRLQLFLDO-~OLDTXH
DQWHULRUPHQWHGLVVHTXHQmRUHIOHWLDVREUHLVVRDILUPRXTXH
(VWi FRPHoDQGR D PHOKRUDU SRUTXH FRPR HX IDOHL HX QmR
HQ[HUJR PDLV D OLFHQFLDWXUD WDQWR FRPR XP ELFKR GH VHWH
FDEHoDV >@ (QWmR DVVLP HX WRUQHL HX FRQVHJXL WRUQDU R
SURFHVVRGHSDVVDUSHODOLFHQFLDWXUDPDLVIiFLOQmRHQ[HUJDQGR
HODFRPRXPELFKRGHVHWHFDEHoDV$tKRMHHXPHYHMRQmR
FHP SRU FHQWR PDV HX Mi PH HQ[HUJR DVVLP HX VHQGR D
SURIHVVRUDOi
(XSHUFHELTXHWLSRHQFDL[DUDOLFHQFLDWXUDFRPDOJXPDFRLVD
TXHHXJRVWRVHMDGHOHLWXUDVHMDGHFLQHPD>@QXPDDXODGH
+LVWyULD$QWLJD WLSR *UpFLD H 5RPD SUD PLP ILFD PDLV IiFLO H
PXLWRPDLVOHJDOSDVVDUSHODOLFHQFLDWXUD(QWmRDQWHVTXDQGR
HX HQWUHL HX HQ[HUJDYD D OLFHQFLDWXUD VLP FRPR XP ELFKR GH
VHWHFDEHoDVPDVYLQFXODUDVFRLVDVDVVLPFRPDOJRTXHHX
JRVWR>@HXPHLPDJLQRGDQGRDXOD
-~OLDQHVVDQDUUDWLYDH[SOLFLWRXHOHPHQWRVTXHVHGLVWLQJXHPHPUHODomRj
SULPHLUD FRQYHUVD +RXYH XPD DOWHUDomR QD SHUFHSomR GD HQWUHYLVWDGD TXH
LQLFLRXXPSURFHVVRHPTXHSDVVRXDVHUHODFLRQDUFRPDOLFHQFLDWXUDGHPRGR
PDLV SUy[LPR LPDJLQDQGRVH FRPR SURIHVVRUD e SODXVtYHO UHODFLRQDU WDO
GHVHQYROYLPHQWR jV YLYrQFLDV H H[SHULrQFLDV SURSRUFLRQDGDV SHOD GLVFLSOLQD
Metodologia do Ensino de HistóriaTXHVHJXQGRDHQWUHYLVWDGDSURSRUFLRQRX
ϳϲ
XPDPDLRULQWHUDomRFRPDGLPHQVmRSUiWLFDGDGRFrQFLD$VVLPIRLSRVVtYHO
HQWURVDUVHXVLQWHUHVVHVSHVVRDLVjOLFHQFLDWXUD1HVVHVHQWLGRDFRQFHSomRGH
TXH R SURIHVVRU p XPD SHVVRD H TXH SDUWH LPSRUWDQWH GHVVD SHVVRD p R
SURIHVVRUEHPFRPRDLGHLDGHSURFHVVRLGHQWLWiULRGH1yYRD SRGHPVHU
SHUFHELGDVQDQDUUDWLYDGH-~OLD
$RUHIOHWLUVREUHVXDWUDMHWyULDDRORQJRGDGLVFLSOLQD$%LQGLFRXTXHDVXD
LGHQWLILFDomR FRPR SURIHVVRUD HP IRUPDomR LQLFLDO VH WRUQRX PDLV LQWHOLJtYHO D
SDUWLUGDVH[SHULrQFLDVGDGLVFLSOLQDFRQWXGRDHQWUHYLVWDGDVXEOLQKDTXHHVVH
p XP SURFHVVR HP GHVHQYROYLPHQWR &RP LVVR D HQWUHYLVWDGD$% DR IDODU
VREUHVXDSHUFHSomRVREUHDGLVFLSOLQDGLVVHTXH
(X DFDEHL JRVWDQGR GD GLVFLSOLQD (VVD GLVFLSOLQD VXSHURX DV
PLQKDVH[SHFWDWLYDVGHXPPRGREHPSRVLWLYR(XDFKDYDTXH
VHULDXPDFRLVDHDFDERXVHQGRRXWUDJUDoDVD'HXVQp$VVLP
JRVWHLSUDFDUDPEDDSUHQGLGHIDWRWXGRTXHRSURIHVVRUGHX
/LRVWH[WRVPHHQYROYLFRPDGLVFLSOLQDQDPHGLGDGRSRVVtYHO
7DPEpP QmR p DTXHOD FRLVD QRVVD VRX DSDL[RQDGD 0DV
FRQIHVVRTXHDSUHQGLEDVWDQWHHJRVWHLGDGLVFLSOLQDGDIRUPD
FRPRDVFRLVDVIRUDPHVWUXWXUDGDVHRUJDQL]DGDV$IRUPDFRP
TXHR0DUFXVWUDEDOKDHXDFKRPXLWRLPSRUWDQWH(XJRVWHLGD
IRUPDDFKHLTXHGHXSDUDDSUHQGHUEDVWDQWHHWDPEpPGHXSDUD
PHLPDJLQDUHPXPDVDODGHDXODEHPHIHWLYDPHQWH(VVDYLVmR
DVVLPVyHVWRXWHQGRDJRUD>@
$UHVSRVWDSRVLWLYDGH$%GHPRQVWUDTXHDGLVFLSOLQDSHUFRUUHXFDPLQKRV
GLVWLQWRVDRTXHHUDHVSHUDGRRTXHUHVXOWRXHPXPDDYDOLDomRIDYRUiYHO$OpP
GLVVR1LOWRQ3HUHLUD S DSUHVHQWDDFRQFHSomRGHTXHDLPDJLQDomR
³QmRpVLPSOHVPHQWHXPDUHDOLGDGHSVLFROyJLFDPDVXPDDEHUWXUDRQWROyJLFD
TXHQRVSHUPLWHSHQVDURPRGRGHUHODomRTXHWHPRVFRPRWHPSR´2DXWRU
WUDWD GD LPDJLQDomR QD DSUHQGL]DJHP KLVWyULFD FRQWXGR p SRVVtYHO WUDoDU
SDUDOHORVFRPDLPDJLQDomRTXHDHQWUHYLVWDGD$%PHQFLRQRX$RLPDJLQDUVH
FRPRSURIHVVRUDWHPSRUDOLGDGHVVmRPRELOL]DGDVHPWRUQRGHH[SHULrQFLDVGR
SUHVHQWHHGRSDVVDGRHPSUROGH XPIXWXURDEHUWRHPSRVVLELOLGDGHVVHQGR
FDSD]GHDEULJDUSRUH[HPSORDFRQVWUXomRGDLGHQWLGDGHGRFHQWH
&RPR PHQFLRQDGR DQWHULRUPHQWH QmR IRL SRVVtYHO WUDQVFUHYHU WRGRV RV
WUHFKRVGDVHQWUHYLVWDVGH*DODGULHOHGH$%GHYLGRjIDOKDWpFQLFDRFRUULGD
1HVVD VLWXDomR ID]HPRV EUHYHV DSRQWDPHQWRV D ILP GH WUD]HU DOJXPDV
SRQGHUDo}HV D SDUWLU GH PLQKD SHUVSHFWLYD QDV HQWUHYLVWDV *DODGULHO HP VXD
IDOD UHWRPRX R TXH KDYLD FRPHQWDGR HP VXD SULPHLUD HQWUHYLVWD WDPEpP
ϳϳ
ϳϴ
Post scriptum
(VWDLQLFLDWLYDFRPRPHQFLRQDGRDQWHULRUPHQWHIRLUHDOL]DGDHQWUHRILPGH
HRLQtFLRGH7RGDYLDVXDSXEOLFDomRDFRQWHFHDSHQDVXPDQRDSyV
VXDUHDOL]DomR1HVVHLQWHUYDORGHWHPSRDVDXODVSUHVHQFLDLVUHWRUQDUDPEHP
FRPR DV DWLYLGDGHV KtEULGDV GR *UXSR GH (VWXGRV H 3HVTXLVDV HP$YDOLDomR
&XUUtFXOR H (QVLQR GH +LVWyULD *(3$&(+8)-)&13T HVSDoR TXH DOpP GH
FULDU XP DPELHQWH GH VRFLDELOLGDGH DFDGrPLFD SHUPLWLXQRV UHIOHWLU VREUH D
IRUPDomRGRFHQWH$VVLPUHOHUHVVHVHVFULWRVQRVOHYRXDHQWUDUHPFRQWDWRFRP
GLVFXVV}HVSHUWLQHQWHVDLQGDKRMHUHLWHUDQGRRGHYLUGDSURILVVmRGRFHQWH
&HUWDPHQWH HX7DPLUHV GHVHMDYD WHU FRQYHUVDV FRP RXWUDV SHVVRDV TXH
SDUWLFLSDUDPGDGLVFLSOLQD$RORQJRGDHODERUDomRGHVVHWUDEDOKRSRUGLYHUVDV
YH]HVLPDJLQHLFRPRVHULDHVWDUFRPHVVDVFROHJDVQD)DFXOGDGHGH(GXFDomR
GD8)-)$OJXPWHPSRPDLVWDUGHHPDEULOGHSXGHFRQKHFrODVQHVVH
HVSDoR(PPXLWRVPRPHQWRVYLPHQDTXHOHVFRUUHGRUHVWHQGRDVFRQYHUVDV
TXHDQWHVDSHQDVLPDJLQDYD$OpPGLVVRWLYHPLQKDVSULPHLUDVH[SHULrQFLDVHP
VDOD GH DXOD REVHUYDQGR D DWXDomR GH SURIHVVRUDV GH +LVWyULD 7DPEpP
SDUWLFLSHLGHHYHQWRVDFDGrPLFRVSUHVHQFLDLVHPTXHSXGHWHUXPDULFDSDUWLOKD
GH VDEHUHV 7RGDV HVVDV H[SHULrQFLDV YHP UHWUDWDQGR HVVH SURFHVVR GH
IRUPDomRLQLFLDO±XPGHFXUVRTXHDSHQDVVHLQLFLDPDVTXHMiPDUFDGRpSRU
WDQWRVFRQKHFLPHQWRVVXMHLWRVHDIHWRV
5HIHUrQFLDV
$025,00DULDQD2OLYHLUD0217(,52$QD0DULD³1DUUDWLYDVGHVL´HDIHWRV
QRVFDPLQKRVLQLFLDLVGDGRFrQFLDHP+LVWyULD&XUUtFXOR6HP)URQWHLUDVY
QSMDQDEU'LVSRQtYHOHP
KWWSZZZFXUULFXORVHPIURQWHLUDVRUJYROLVVDUWLFOHVDPRULPPRQWHLURSGI
$FHVVRHPGH]
%21'Ë$-RUJH/DUURVD1RWDVVREUHDH[SHULrQFLDHRVDEHUGHH[SHULrQFLD
5HYLVWD%UDVLOHLUDGH(GXFDomRQMDQDEU'LVSRQtYHOHP
KWWSVZZZVFLHOREUMUEHGXD<FF4']=.F<9VS&1VS=9'[&$FHVVRHP
GH]
'(/25<020%(5*(5&KULVWLQH$ERUGDJHQVPHWRGROyJLFDVQDSHVTXLVD
ELRJUiILFD5HYLVWD%UDVLOHLUDGH(GXFDomRYQSVHWGH]
'LVSRQtYHOHP
ϳϵ
KWWSVZZZVFLHOREUMUEHGXD-36GS:/%F=:&%NF"IRUPDW KWPO
$FHVVRHPGH]
)5(,7$6'HQL]H7HUH]LQKD/HDO$LGHQWLGDGHGRFHQWHHPFRQVWUXomR
DOJXPDVFRQVLGHUDo}HVDUHVSHLWRGDFRQVWUXomRGRVHUGRFHQWHGH+LVWyULD
5HYLVWD$HGRVYQS'LVSRQtYHOHP
KWWSVVHHUXIUJVEUDHGRVDUWLFOHYLHZ$FHVVRHPGH]
0$57,160DUFXV/HRQDUGR%RPILP$YDOLDomRGHPRFUiWLFDGDV
DSUHQGL]DJHQVKLVWyULFDV(GXFDomRHP5HYLVWD%HOR+RUL]RQWHYS
'LVSRQtYHOHP
KWWSVZZZVFLHOREUMHGXUDUG\+4QW0'1MW''%IE:I.*M"IRUPDW SGI$FHVVR
HPGH]
0217(,52$QD0DULD3(11$)HUQDQGRGH$UD~MR(QVLQRGH+LVWyULD
VDEHUHVHPOXJDUGHIURQWHLUD(GXF5HDO3RUWR$OHJUHYQS
MDQDEU'LVSRQtYHOHP
KWWSVVHHUXIUJVEUHGXFDFDRHUHDOLGDGHDUWLFOHYLHZ$FHVVRHPGH]
1Ï92$$QWyQLR)RUPDomRGHSURIHVVRUHVHSURILVVmRGRFHQWH,Q1Ï92$
$QWyQLR FRRUG 2VSURIHVVRUHVHDVXDIRUPDomR/LVERD'RP
4XL[RWH,6%1'LVSRQtYHOHP
KWWSVUHSRVLWRULRXOSWKDQGOH$FHVVRHPGH]
3$*e6-RDQ(QVHxDUDHQVHxDU+LVWRULDODIRUPDFLyQGLGiFWLFDGHORVIXWXURV
SURIHVRUHV,Q+(51È1'(=-RVp$QWRQLR*yPH]0$5Ë10DULD(QFDUQD
1LFROiV0LUDGDVDODKLVWRULDUHIOH[LRQHVKLVWRULRJUiILFDVHQUHFXHUGRGH
0LJXHO5RGUtJXH]/ORSLV8QLYHUVLGDGGH0XUFLDS
3(5(,5$1LOWRQ0XOOHW2TXHSRGHDLPDJLQDomRQDDSUHQGL]DJHPKLVWyULFD"
&/,2 5(&,)( YS'LVSRQtYHOHP
KWWSVSHULRGLFRVXISHEUUHYLVWDVUHYLVWDFOLRDUWLFOHYLHZ$FHVVRHP
GH]
ϴϬ
$$35235,$d2'25()(5(1&,$/&855,&8/$5'2(67$'2
'(0$72*52662'268/(175(6$%(5(6(35È7,&$6
0HOLQD/LPD3LQRWWL
,QWURGXomR
1DV ~OWLPDV GpFDGDV SURSRVWDV SDUD R HQVLQR GH +LVWyULD DQXQFLDUDP
PXGDQoDVTXHQHPVHPSUHIRUDPVHQWLGDVQRFRWLGLDQRGDVVDODVGHDXODGD
HGXFDomREiVLFD(QRUHGLUHFLRQDPHQWRGRHQVLQRHP+LVWyULDHVWmRVRPDGRV
RVGHVDILRVTXDQWRDLPSOHPHQWDomRGD/HLTXHWRUQRXREULJDWyULRR
HQVLQRGDKLVWyULDHGDFXOWXUDDIULFDQDHDIUREUDVLOHLUDHPWRGRkPELWRHVFRODU
&RPR SDUWH GRV SURFHGLPHQWRV GH UHJXODPHQWDomR GD UHIHULGD /HL HP
RHQWmRPLQLVWURGD(GXFDomR)HUQDQGR+DGGDGMXQWRD6HFUHWDULDGH
(GXFDomR &RQWLQXDGD $OIDEHWL]DomR H 'LYHUVLGDGH 6(&$' DSUHVHQWRX XP
SDUkPHWURFXUULFXODULQWLWXODGRPlano Nacional de Implementação das Diretrizes
Curriculares Nacionais para Educação das Relações Étnico-Raciais e para o
Ensino de História e Cultura Afro-brasileira e Africana.1HOHIRUDPUHOHYDGRVRV
REMHWLYRV D FRQWULEXLomR H FREUDQoD GR SRGHU S~EOLFR HP VXDV GLIHUHQWHV
LQVWkQFLDVSDUDDDSOLFDomRGDOHL
1R WH[WR GDV GLUHWUL]HV SDUD HGXFDomR GDV UHODo}HV pWQLFRUDFLDLV R
0LQLVWpULRGD(GXFDomR 0(& ocupou lugar de destaqueQDSURGXomRHGLIXVmR
GD LPSOHPHQWDomR GD /HL GH 'LUHWUL]HV H %DVHV /'% H GRV 3DUkPHWURV
&XUULFXODUHV1DFLRQDLV 3&1 SDUDR(QVLQR)XQGDPHQWDOH0pGLRDSURYDGRV
QD&kPDUDGH(GXFDomR%iVLFDGR&RQVHOKR1DFLRQDOGH(GXFDomR &1( 2V
GRFXPHQWRV WRUQDUDPVH UHIHUrQFLDV QDFLRQDLV VHUYLQGR GH EDVH SDUD D
HODERUDomRGHRXWURVGRFXPHQWRVHVWDGXDLVHPXQLFLSDLV3DUD)RQVHFD
p QD UHODomR HQWUH ³HGXFDomR FXOWXUD PHPyULD H HQVLQR GH +LVWyULD´ TXH VH
FRPSUHHQGHDFRQILJXUDomRGRVDJHQWHVUHJXODGRUHVGRHQVLQRFRPRD/'%H
RV3&1V
0HPEURGR*(3(+
KWWSODWWHVFQSTEU
ϴϭ
1HVVHVHQWLGRpLQWHUHVVHGHVVHDUWLJRDQDOLVDURFXUUtFXORHVFRODUFRPR
VXSRUWH TXH UHJXODPHQWD DV SUiWLFDV GRV VXMHLWRV H D SDUWLU GH IRQWHV RUDLV
SUREOHPDWL]DU DV DSUR[LPDo}HV H RV GLVWDQFLDPHQWRV HQWUH GRFXPHQWRV H
SUiWLFDV3DUDWDQWRRFRQFHLWRGHLQWHUIDFHpHPSUHJDGRSDUDFRPSUHHQGHUR
PHLRTXHSHUPLWHDLQWHUDomRHQWUHGRLVVLVWHPDVRXVHMDXPFDPSRGHFRQH[mR
HQWUH RV GRFXPHQWRV TXH UHJXODPHQWDP R HQVLQR GH +LVWyULD H GD FXOWXUD
DIULFDQD H DIUREUDVLOHLUD H D SUiWLFD GRV VXMHLWRV TXH OLGDP FRP HVVHV
GRFXPHQWRV
&DEHUHVVDOWDUTXHGHYLGRjH[WHQVmRGRVGRFXPHQWRVHDYDULHGDGHGH
LQIRUPDo}HV IRUDP DQDOLVDGDV VRPHQWH DV SDUWHV UHIHUHQWHV DR HQVLQR GH
+LVWyULD OLJDGDV jV TXHVW}HV pWQLFDV ( WRPRXVH R FXLGDGR GH OHU RV
GRFXPHQWRV QR SHUtRGR TXH VH HODERURX R URWHLUR GH TXHVW}HV SDUD DV
HQWUHYLVWDVFRPRREMHWLYRGHID]HUSHUJXQWDVUHIHUHQWHVDRHQVLQRHDOHLEHP
FRPRSDUDFULDUSRVVLELOLGDGHVGHHQWUHODoDUDVQDUUDWLYDVGDVSURIHVVRUDVFRP
RVFRQWH~GRVGRVGRFXPHQWRV3RLVRREMHWLYRSULQFLSDOGHXWLOL]DUHVVDVIRQWHV
p FRPSUHHQGHU RV VXSRUWHV TXH UHJXODPHQWDUDP DV SUiWLFDV GRV VXMHLWRV 1D
FRQVWUXomRGDQDUUDWLYDVHUmRFRQVLGHUDGDVDVLQVWkQFLDVGHUHJXODPHQWDomRH
GDV SUiWLFDV GRFHQWHV D SDUWLU GDV IRQWHV RUDLV FRQVLGHUDQGR DV UHODo}HV H
GLVVHQV}HVHQWUHRSUHYLVWRQDVUHJXODPHQWDo}HVHDVFRQGLo}HV GRVVXMHLWRV
QDVLQVWLWXLo}HVHVFRODUHVSRLVjPHGLGDTXHVHDSUHQGHDVDSUR[LPDo}HVHRX
RV GLVWDQFLDPHQWRV DEUHPVH SRVVLELOLGDGHV SDUD LGHQWLILFDU LPSOLFDo}HV QDV
SUiWLFDVGHHQVLQR
$HODERUDomRGRFXUUtFXORHVFRODU
25HIHUHQFLDO&XUULFXODUGRHVWDGRGH0DWR*URVVRGR6XOSDUDR(QVLQR
)XQGDPHQWDO H (QVLQR 0pGLR IRL SXEOLFDGR SHOD 6HFUHWDULD GH (VWDGR GH
(GXFDomR 6('06 QR DQR GH QR JRYHUQR GH $QGUp 3XFFLQHOL
30'%06
(VWHDUWLJRpSDUWHGDPLQKDGLVVHUWDomRHP+LVWyULDTXHEXVFRXDQDOLVDUDLPSOHPHQWDomRGD
/HL QR PXQLFtSLR GH 1RYD $QGUDGLQD06 D SDUWLU GH IRQWHV TXH SRVVLELOLWDUDP
SUREOHPDWL]DU DV FRQGLo}HV FRWLGLDQDV GH SURIHVVRUDV H DOXQRV 'LVSRQtYHO HP
KWWSVZZZSSJKXIJGFRPZSFRQWHQWXSORDGV'LVVHUWD&$&$R0HOLQD
/LPD3LQRWWL(QYLDUSDUDDJU&$ILFDSGI!$FHVVRGHIHYHUHLURGH
ϴϮ
6XDHODERUDomRFRQWRXFRPXPDHTXLSHGHFRODERUDGRUHVGHGLIHUHQWHV
LQVWLWXLo}HVDPDLRULDGD8QLYHUVLGDGH(VWDGXDOGH0DWR*URVVRGR6XO 8(06
HGD8QLYHUVLGDGH)HGHUDOGH0DWR*URVVRGR6XO 8)06 +RXYHWDPEpPXPD
SDUWLFLSDomRGHSURIHVVRUHVGDHGXFDomREiVLFDGH0DWR*URVVRGR6XOVHQGR
R UHIHUHQFLDO HODERUDGR SHOD 6(' H SURILVVLRQDLV GD HGXFDomR$V GLVFLSOLQDV
FRPS}HP DV iUHDV GH &LrQFLDV GD 1DWXUH]D GH &LrQFLDV +XPDQDV GH
0DWHPiWLFDHGH/LQJXDJHQV
.iWLD$EXGHYLGHQFLDTXHDHODERUDomRGRVFXUUtFXORVSULRUL]DXPLGHDOGH
HVFROD VHP FRQVLGHUDU D UHDOLGDGH GDTXHOHV TXH YLYHQFLDP D HGXFDomR QR
FRWLGLDQR HVFRODU 1HVVH VHQWLGR RV FXUUtFXORV ³VmR SURGX]LGRV SRU yUJmRV
RILFLDLVTXHRVGHL[DPPDUFDGRVFRPVXDVWLQWDVSRUPDLVTXHRVGRFXPHQWRV
SUHWHQGDPUHSUHVHQWDURFRQMXQWRGRVSURIHVVRUHVHRVµLQWHUHVVHVGRVDOXQRV´
$%8'S $DXWRUDFRQVLGHUDTXHRVFXUUtFXORVVmRLQVWUXPHQWRVGH
SRGHU GR (VWDGR SRLV D RULHQWDomR SDUD D SUiWLFD GRFHQWH H D IRUPDomR GRV
DOXQRV p GDGD D SDUWLU GRV LQWHUHVVHV GDTXHOHV TXH RV LQVWLWXFLRQDOL]DP ³2V
FXUUtFXORVVmRUHVSRQViYHLVHPJUDQGHSDUWHSHODIRUPDomRHSHORFRQFHLWRGH
+LVWyULDGHWRGRVRVFLGDGmRVDOIDEHWL]DGRV>@TXHIRUPDUiDFRQVFLrQFLDHD
PHPyULDFROHWLYDGDVRFLHGDGH´ $%8'S 3RUPHLRGRVFXUUtFXORVR
(VWDGRFRQWURODRTXHHVWiVHQGRHQVLQDGRQDVHVFRODVSRUFRQVHJXLQWHRTXH
REMHWLYDIRUPDUGHFLGDGmRV
$ DQiOLVH GRV FXUUtFXORV SRVVLELOLWD HVWDEHOHFHU XP GLiORJR FRP DV
QDUUDWLYDV GDV SURIHVVRUDV HQWUHYLVWDGDV$ SDUWLU GD LQWHSUHWDomR p SRVVtYHO
ODQoDU TXHVW}HV VREUH D SUiWLFD GRFHQWH p FRPSDWtYHO D RUJDQL]DomR GRV
FRQWH~GRV SUHVHQWHV QRV FXUUtFXORV FRP D UHDOLGDGH HVFRODU" e SRVVtYHO
WUDEDOKDU WHPiWLFDV DIULFDQDV H DIUREUDVLOHLUDV HP WRGRV RV DQRV GR HQVLQR
IXQGDPHQWDO H PpGLR WRPDQGR FRPR UHIHUrQFLD RV FXUUtFXORV" 4XDLV RV
SRVLFLRQDPHQWRVGDVSURIHVVRUDVVREUHDGLVWULEXLomRGRVFRQWH~GRVHRXVRGRV
FXUUtFXORVFRPRLQVWUXPHQWRGHVXDVSUiWLFDV"2VFXUUtFXORVVmRXVDGRVFRPR
$VQDUUDWLYDVXVDGDVSDUDGLDORJDUFRPDFUtWLFDDRVFXUUtFXORVVmRGDSURIHVVRUD7DWLDQHTXH
DWXRXQXPD(VFROD(VWDGXDOHGDSURIHVVRUD'DQLHOHTXHDWXRXQXPD(VFROD0XQLFLSDO&DEH
H[SOLFDUTXHQRSHUtRGRGDHQWUHYLVWD RPXQLFtSLRGH1RYD$QGUDGLQDQmRSRVVXtDXP
FXUUtFXORSUySULRTXDQWRDRHQVLQRHSRUWDQWRDVHVFRODVPXQLFLSDLVXWLOL]DYDPR5HIHUHQFLDO
&XUULFXODUGRHVWDGRGH0DWR*URVVRGR6XO3DUDUHVJXDUGDUDLGHQWLGDGHGDVSURIHVVRUDVVmR
XVDGRVQRPHVILFWtFLRV
ϴϯ
XPD UHIHUrQFLD RX FRPR XP GRFXPHQWR TXH GHYH VHU FXPSULGR HP VXD
WRWDOLGDGH"
6HJXQGRRUHIHUHQFLDOGD6('06VmRREMHWLYRVHVSHFtILFRVGRSURIHVVRU
RULHQWDUDSUiWLFDSHGDJyJLFDHSURPRYHUDLQFOXVmRHDGHPRFUDWL]DomRGRXVR
GHQRYDVWHFQRORJLDV$LGHLDGHXVDURUHIHUHQFLDOpSHUPLWLUTXHRVSURIHVVRUHV
SHUFHEDPRVFRQWH~GRVGHIRUPDSDQRUkPLFDFRPSRVVLELOLGDGHVGHDGHTXDomR
GDUHDOLGDGHGHFDGDORFDOLGDGHHJUXSRGHDOXQRV
&DEH j HVFROD FRPSOHPHQWiOR GH DFRUGR FRP VXDV
HVSHFLILFLGDGHV FRP DXWRQRPLD PHWRGROyJLFD SDUD DPSOLDU
FRQKHFLPHQWRVFRQWH~GRVKDELOLGDGHVFRPSHWrQFLDVHDLQGD
R GHVHQYROYLPHQWR GH XP SURFHVVR FRQWH[WXDOL]DGR FRP D
UHDOLGDGHORFDO 6('S
5HVVDOWRTXHRPRGRGHXVDURUHIHUHQFLDOFXUULFXODUGD6('06QmRp
DSHQDV XPD HVFROKD GR SURIHVVRU SRLV HVWH WUDEDOKD HP DFRUGR FRP D
FRRUGHQDomRGDHVFROD1RSURFHVVRGHHODERUDomRGDVDXODVHPHVFRODVGH
1RYD$QGUDGLQDSURIHVVRUHVGRHVWDGRHGRPXQLFtSLRUHDOL]DPSODQHMDPHQWRV
PHQVDLV QXP VLVWHPD GLJLWDO 2V FRQWH~GRV H KDELOLGDGHV HVWmR GLVSRVWRV HP
tFRQHVHVHSDUDGRVSRUVHPHVWUHV2SURIHVVRUSRGHRSWDUHPGDUrQIDVHQXP
FRQWH~GRHPGHWULPHQWRGRRXWURSRUpPFDEHjFRRUGHQDomRDSURYDURXQmRR
SODQHMDPHQWR$SRVVLELOLGDGHGHTXHVWLRQDPHQWRRXDQmRDSURYDomRSRUSDUWH
GD FRRUGHQDomR LQWHUYpP QD DXWRQRPLD GR SURIHVVRU DGHTXDU R UHIHUHQFLDO j
UHDOLGDGHGHVXDSUiWLFD
3DUD JDUDQWLU D DXWRQRPLD p LPSRUWDQWH TXH SURIHVVRUHV WHQKDP
IXQGDPHQWDo}HVWHyULFDVTXHRULHQWDPVXDVHVFROKDV&RPRVXJHUH6LOYD
1D GHILQLomR GR HOHQFR GRV FRQWH~GRV D VHUHP GHVHQYROYLGRV
QR FXUUtFXOR GH +LVWyULD p IXQGDPHQWDO TXH R SURIHVVRU WHQKD
FODUH]DGHVHXVREMHWLYRVHGXFDFLRQDLV2VFRQWH~GRVHVFRODUHV
QmRVmRXPILPHPVLPHVPRRXVHMDQmRVmROLVWDVGHWHPDV
TXH GHYHP VHU FXPSULGRV VHP XP SURSyVLWR HGXFDFLRQDO 1D
YHUGDGHRVFRQWH~GRVVmRUHFXUVRVTXHGHYHPHVWDUDVHUYLoR
GDIRUPDomRGRVSURIHVVRUHV 6,/9$S
4XDOROXJDUGDVWHPiWLFDVDIULFDQDVHDIUREUDVLOHLUDVHRTXHSHQVDPDV
SURIHVVRUDV"
&RPRFRQVWDR5HIHUHQFLDO&XUULFXODUGR(VWDGRGH0DWR*URVVRGR6XO
SDUD R (QVLQR )XQGDPHQWDO H 0pGLR IRL HODERUDGR WHQGR FRPR UHIHUrQFLD RV
3&1V3RUpPDRREVHUYDUDGLVSRVLomRGRVFRQWH~GRVGH+LVWyULDSHUFHEHVH
ϴϰ
ϴϱ
WHPiWLFDVDIULFDQDVHDIUREUDVLOHLUDVQRVFXUUtFXORVHVFRODUHVGRHVWDGRGH0DWR
*URVVR GR 6XO" $ /HL HYLGHQFLD TXH RV FRQWH~GRV GHYHP VHU
WUDEDOKDGRV HP HVFRODV SDUWLFXODUHV H S~EOLFDV HP WRGD H[WHQVmR FXUULFXODU H
LQFOXLX QR FDPSR HGXFDFLRQDO D GDWD GH QRYHPEUR FRPR PRPHQWR SDUD
FHOHEUDURDia da Consciência Negra6HJXQGRDPHQVDJHPGHYHWRQRVDUWLJRV
$H%
$UW $ 1RV HVWDEHOHFLPHQWRV GH HQVLQR IXQGDPHQWDO H
PpGLRRILFLDLVHSDUWLFXODUHVWRUQDVHREULJDWyULRRHQVLQRVREUH
+LVWyULDH&XOWXUD$IUR%UDVLOHLUD
R 2 FRQWH~GR SURJUDPiWLFR D TXH VH UHIHUH R FDSXW GHVWH
DUWLJRLQFOXLUiRHVWXGRGD+LVWyULDGDÈIULFDHGRV$IULFDQRVD
OXWDGRVQHJURVQR%UDVLODFXOWXUDQHJUDEUDVLOHLUDHRQHJURQD
IRUPDomRGDVRFLHGDGHQDFLRQDOUHVJDWDQGRDFRQWULEXLomRGR
SRYRQHJURQDViUHDVVRFLDOHFRQ{PLFDHSROtWLFDSHUWLQHQWHVj
+LVWyULDGR%UDVLO
R2VFRQWH~GRVUHIHUHQWHVj+LVWyULDH&XOWXUD$IUR%UDVLOHLUD
VHUmR PLQLVWUDGRV QR kPELWR GH WRGR R FXUUtFXOR HVFRODU HP
HVSHFLDO QDV iUHDV GH (GXFDomR $UWtVWLFD H GH /LWHUDWXUD H
+LVWyULD%UDVLOHLUDV
$UW%2FDOHQGiULRHVFRODULQFOXLUiRGLDGHQRYHPEUR
FRPR'LD1DFLRQDOGD&RQVFLrQFLD1HJUD´ %UDVLO
2 FRQWH~GR SURJUDPiWLFR GD OHL DEUH SRVVLELOLGDGHV SDUD R HVWXGR GD
KLVWyULD H GD FXOWXUD DIULFDQD H DIUREUDVLOHLUD PDV VXD GLVSRVLomR SRGH JHUDU
LPSOLFDo}HVQDGHILQLomRGRVFRQWH~GRVDVHUHPDERUGDGRVHPVDODGHDXOD$
OHLVXJHUHRVFRQWH~GRVDVHUHPHVWXGDGRVVREUHWXGRGH+LVWyULDDRDERUGDUD
História da África e dos Africanos 1HVVD GLVSRVLomR SDUHFH KDYHU XPD
GLIHUHQFLDomR GD KLVWyULD GR OXJDU ÈIULFD SDUD D KLVWyULD GRV VXMHLWRV TXH
PROGDUDP R OXJDU DIULFDQRV e LQWHUHVVDQWH D IRUPD GH WUDWDPHQWR GDGD DRV
VXMHLWRVSRLVDRVHVLWXDUHPQDÈIULFDVmRFKDPDGRVGHAfricanosHQR%UDVLO
VmRnegros&DEHUHVVDOWDUTXHDH[SUHVVmRnegropYLVWDSHORPRYLPHQWRQHJUR
FRPRXPDIRUPDGHSRWHQFLDOL]DUDLGHQWLGDGHpWQLFRFXOWXUDO'LIHUHQWHPHQWH
SDUD D +LVWyULD RV SRYRV DIULFDQRV QR %UDVLO FRUUHVSRQGHP D XPD SDUFHOD GD
SRSXODomRQHJUDGDÈIULFDWUD]LGDHPGHFRUUrQFLDGRWUiILFRGHHVFUDYRV
5HIHUHQWHjGDWDHVWLPDGDGDPRUWHGR=XPELGRV3DOPDUHVOtGHUUHSUHVHQWDQWHGDUHVLVWrQFLD
QHJUD
'HVGHRVSULPHLURVUHJLVWURVGHFRPSUDVGHHVFUDYRVIHLWRVHPWHUUDVEUDVLOHLUDVDWpDH[WLQomR
GRWUiILFRQHJUHLURHPFDOFXODVHTXHWHQKDPHQWUDGRQR%UDVLODOJRHPWRUQRGHTXDWUR
PLOK}HVGHHVFUDYRVDIULFDQRV0DVFRPRRFRPpUFLRQR$WOkQWLFRQmRVHUHVWULQJLDDR%UDVLOD
HVWLPDWLYDpTXHRFRPpUFLRGHHVFUDYRVSRUHVVDYLDWHQKDPRYLPHQWDGRFHUFDGHPLOK}HV
GH LQGLYtGXRV YHQGLGRV FRPR PHUFDGRULDV 'LVSRQtYHO HP
ϴϲ
$OXWDGRVQHJURVQR%UDVLOHYLGHQFLDXPORQJRSHUtRGRKLVWyULFRHPTXH
D SRSXODomR QHJUD UHVLVWLX SHORV VHXV GLUHLWRV GH OLEHUGDGH QR SHUtRGR GD
VRFLHGDGHHVFUDYRFUDWDOXWDTXHVHJXLXKLVWRULFDPHQWHOLGHUDGDSHORPRYLPHQWR
QHJURGHVGHRSHUtRGRGD5HS~EOLFDDWpDDWXDOLGDGHHPTXHDo}HVDILUPDWLYDV
HUDP SUHYLVWDV QDV DJHQGDV GH UHLYLQGLFDo}HV GR PRYLPHQWR VRFLDO
SULQFLSDOPHQWHGRkPELWRHGXFDFLRQDO
(YLGHQFLDU D FRQWULEXLomR GD SRSXODomR QHJUD QD IRUPDomR VRFLDO
HFRQ{PLFDSROtWLFDHFXOWXUDOGR%UDVLOVmRWHPDVDPSORVTXHSRGHPYDULDUDR
VHFRQVLGHUDUXPDKLVWyULDUHJLRQDO2XWURSRQWRGHYLVWDpFRPSUHHQGHUROXJDU
UHVHUYDGRjSRSXODomRQHJUDQDIRUPDomRGDVRFLHGDGHQDFLRQDOjPHGLGDTXH
R %UDVLO FUHVFHX VRE RV PROGHV GH XPD QDomR SHUFHEHU VRE TXDO yWLFD D
VRFLHGDGHROKRXSDUDHVVDSRSXODomRHRTXHLQIOXHQFLRXHVVHROKDU
&RQVWUXLUXPFXUUtFXORTXHFRQVLGHUHDFRPSOH[LGDGHGRVWHPDVGHYLGR
VXDV DPSOLWXGHV H YDULHGDGHV p SHQVDU QD ULTXH]D GD GLYHUVLGDGH KLVWyULFD H
FXOWXUDODIULFDQDHPTXHWHPDVHVSHFtILFRVSRGHPVHUWUDEDOKDGRVGHPDQHLUD
FRQWtQXD DR ORQJR GR HQVLQR IXQGDPHQWDO H PpGLR GLYLGLGRV HP GLYHUVDV
GLVFLSOLQDV
$LQGDTXHD6('06DILUPHTXHDHODERUDomRGRVFXUUtFXORVDFRPSDQKD
DVPXGDQoDVGDVSROtWLFDVS~EOLFDVQDDQiOLVHGRFRQWH~GRHVSHFtILFRGDOHLH
QRFRQWH~GRVXJHULGRSHORFXUUtFXORSHUFHEHVHTXHRUHIHUHQFLDOHODERUDGRQR
DQRGHQmRFRQVLGHURXDFRPSOHWXGHGD/HLRTXHSRGH VHU
SHUFHELGRDRDQDOLVDURVFRQWH~GRVGRUHIHUHQFLDOFXUULFXODUGRDRDQRSDUD
D GLVFLSOLQD +LVWyULD RQGH DV WHPiWLFDV DIULFDQDV H DIUREUDVLOHLUDV DSDUHFHP
DSHQDVQRELPHVWUHGRDQR1HVVHVHQWLGRR$UW$QmRIRLLQFOXtGRQD
HODERUDomRGRUHIHUHQFLDO
2V FRQWH~GRV SDUD R VpWLPR DQR DSUHVHQWDPVH GD VHJXLQWH IRUPD
VHJXLGRGDVFRPSHWrQFLDVHKDELOLGDGHV
%,0(675(&217(Ò'26
+LVWyULD GD ÈIULFD H GRV SRYRV DIULFDQRV QR %UDVLO HFRQRPLD
RUJDQL]DomRSROtWLFDHFRQWULEXLomRFXOWXUDO
KWWSZZZKLVWRULDEUDVLOHLUDFRPEUDVLOFRORQLDRULJHPGRVHVFUDYRVDIULFDQRV! $FHVVR HP
GHIHYHUHLURGH
ϴϳ
+LVWyULDGRVSRYRVLQGtJHQDVHTXLORPERODVGR0DWR*URVVRGR
6XOHFRQRPLDRUJDQL]DomRSROtWLFDSURFHVVRGHDFXOWXUDomRH
FRQWULEXLomRFXOWXUDO
&203(7Ç1&,$6+$%,/,'$'(6
&RQKHFHU D +LVWyULD GD ÈIULFD H RV IDWRUHV TXH SHUPHDUDP D
YLQGD GRV DIULFDQRV SDUD D $PpULFD VXD FRQWULEXLomR QD
HFRQRPLDQDSROtWLFDHQDVRFLHGDGHSHUWLQHQWHVj+LVWyULDGR
%UDVLO
&RPSUHHQGHU D SURGXomR H R SDSHO KLVWyULFR GRV SRYRV
LQGtJHQDVQR0DWR*URVVRGR6XO
,GHQWLILFDU D VLWXDomR DWXDO GRV DIURGHVFHQGHQWHV H GRV
LQGtJHQDVQR(VWDGRGH0DWR*URVVRGR6XO
5HFRQKHFHUYDORUL]DUHLGHQWLILFDUDFXOWXUDGDVHWQLDVEUDVLOHLUDV
6('S
$OJXQVFRQWH~GRVDSUHVHQWDGRVVmRSURSRVWDVGD/HLFRPRR
WySLFRHistória da África e dos povos africanos no Brasil: economia, organização,
política e contribuição cultural 3RUpP R PRGR TXH HVWi GLVSRVWR VXJHUH D
LQWHUSUHWDomRGHTXHDÈIULFDHRVSRYRVDIULFDQRVQR%UDVLOVmRDPHVPDFRLVD
&RPR VH D FXOWXUD D HFRQRPLD H D SROtWLFD QD ÈIULFD IRVVHP RV IDWRUHV TXH
GHWHUPLQDUDPD³YLQGD´GRVDIULFDQRVSDUDR%UDVLO&DEHUHVVDOWDUTXHQHVVH
FRQWH[WRRHPSUHJRGDSDODYUD³YLQGD´VXJHUHXPDDFHLWDomRGRVDIULFDQRVHP
DWUDYHVVDURRFHDQRSURFHVVRFRQKHFLGRKLVWRULFDPHQWHSRUWUiILFRQHJUHLURH
SHOD H[WUHPD YLROrQFLD $OpP GLVVR RV FRQKHFLPHQWRV H KDELOLGDGHV VmR
DSUHVHQWDGRVFRPRUHSHWLo}HVGRVFRQWH~GRV
2VGHPDLVFRQWH~GRVDFHUFDGDKLVWyULDGRVTXLORPERVQR0DWR*URVVR
GR6XOHVXDIRUPDGHRUJDQL]DomRHFRQRPLDHFXOWXUDQmRVmRSURSRVWRVQR
FRQWH~GRSURJUDPiWLFRGDOHLPDVVmRLPSRUWDQWHVSDUDDKLVWyULDUHJLRQDO1R
HQWDQWRHVWmRGLVSRVWRVVHPFRQVLGHUDUDYDULHGDGHGHVVDVFRPXQLGDGHVHP
WRGDH[WHQVmRGRHVWDGRHDHVFDVVH]GHPDWHULDLVGLGiWLFRVTXHDERUGHPHVVDV
WHPiWLFDV $V KDELOLGDGHV H FRPSHWrQFLDV VmR QRYDPHQWH UHSHWLo}HV GRV
FRQWH~GRV&RQVLGHUDQGRDVDERUGDJHQVGRVFRQWH~GRVRUHFRQKHFLPHQWRD
YDORUL]DomRHLGHQWLGDGHVVmRKDELOLGDGHVTXHSRGHPILFDUFRPSURPHWLGDV
'DQGR FRQWLQXLGDGH j SHVTXLVD DSyV HVVH SULPHLUR FRQWDWR FRP R
FXUUtFXORMiQDRFDVLmRGDHQWUHYLVWDTXHVWLRQHLDSURIHVVRUD'DQLHOHVREUHDV
SRVVLELOLGDGHVGHWUDEDOKRDFHUFDGDVWHPiWLFDVDIULFDQDVHDIUREUDVLOHLUDVHP
GLIHUHQWHV WXUPDV GR HQVLQR IXQGDPHQWDO 2 REMHWLYR HUD FRPSUHHQGHU VXD
ϴϴ
SHUFHSomRTXDQWRDROXJDUGHVVDVWHPiWLFDVQRVFXUUtFXORV(PVXDUHVSRVWDD
SURIHVVRUD'DQLHOHH[SOLFDTXH
e LQWHUHVVDQWH SRUTXH QD YHUGDGH QR VpWLPR DQR HVWi QR
UHIHUHQFLDO FXUULFXODU 1R VpWLPR DQR Wi SUHVHQWH LVVR FRPR
FRQWH~GR FRPR XPD SDUWH REULJDWyULD 1DV GHPDLV VpULHV R
WHPD DSDUHFH GLJDPRV DVVLP HPEXWLGR HP RXWURV DVVXQWRV
GLJDPRVSRUH[HPSORQRVH[WRDQRpTXDQGRVHIDODQmRWHP
H[DWDPHQWHKLVWyULDGDÈIULFDYRFrHVWXGDR(JLWRSRUH[HPSOR
RVXUJLPHQWRGRVHUKXPDQRQDÈIULFDPDVDPDLRULDGRVDOXQRV
QmR DVVRFLDP PXLWR TXH R (JLWR HVWi QD ÈIULFD SRU PDLV TXH
YRFr IDOD H IDOD Qp PDV p FRPR VH QmR WLYHVVH PXLWR HVVD
OLJDomR$JHQWHDFDEDWUDEDOKDQGRFRPRWUDQVYHUVDO³DVHPDQD
GD FRQVFLrQFLD QHJUD´ ³R GH QRYHPEUR´ ³R =XPEL GRV
3DOPDUHV´SUDVRXWUDVVpULHVTXHQmRpRVpWLPRDQRWHPFRPR
WHPDWUDQVYHUVDO '$1,(/(
$OpPGDGLILFXOGDGHGHDEVWUDomRGRVDOXQRVHPFRPSUHHQGHUTXHR(JLWR
ID] SDUWH GR FRQWLQHQWH DIULFDQR p YiOLGR IULVDU TXH QmR HUD QHVVD ORFDOLGDGH
TXHPRUDYDPDVSRSXODo}HVWUD]LGDVSDUDD$PpULFD3RUWXJXHVDQRSHUtRGRGD
HVFUDYLGmR3RUWDQWRQmRpHVVDKLVWyULDTXHVHDSUR[LPDGHQRVVRVLQWHUHVVHV
SDUDFRPSUHHQGHUDIRUPDomRKLVWyULFDFXOWXUDOHVRFLDOGR%UDVLO
1HVVD SHUVSHFWLYD 1LOPD %HQWHV UHVVDOWRX D LPSRUWkQFLD GD /HL
FRPR XPUHIRUoR SDUD DV Do}HV GR PRYLPHQWR QHJUR QR HVWDGR GR
3DUi3RUpPUHFRQKHFHTXHVHXGHVHQYROYLPHQWRpVXVFHWtYHODFUtWLFDVSRUQmR
DSUHVHQWDUGHILQLo}HVPDLVREMHWLYDVTXDQWRDRFRQWH~GRDVHUHVWXGDGR³0DV
GHTXDOÈIULFDDJHQWHYDLIDODU"3RUTXHVmRPXLWDVÈIULFDVQmRp"6mRPDLVGH
GXDVPLOOtQJXDVSRGHLPDJLQDU´ $/%(57,S
1HVVHVHQWLGRRFRQWH~GRDVHUHVWXGDGRpSDVVtYHOGHTXHVWLRQDPHQWRV
GRVPDLVGLIHUHQWHVVXMHLWRVTXHOLGDPFRPDOHL1DIDOWDGHGHWHUPLQDUDTXLOR
TXH GHYH VHU FRQWHPSODGR VREUH KLVWyULD H FXOWXUD GD ÈIULFD RV SURIHVVRUHV
WHUPLQDP SRU UHSURGX]LU RV FRQWH~GRV SUHVHQWHV QRV OLYURV GLGiWLFRV
LQGHSHQGHQWHGHTXDOÈIULFDHVWmRVHUHIHULQGR7DOLPSOLFDomRUHGX]RSULQFLSDO
REMHWLYRGDOHLTXHSRUPHLRGRFRQKHFLPHQWRSURS}HLQWHUIHULUHPDPELHQWHV
$PDLRUSDUWHGDVSHVVRDVWUD]LGDVSDUDR%UDVLOSDUDVHUHPHVFUDYL]DGDVYLHUDPGHUHJL}HV
FRPR D ÈIULFD &HQWUR2FLGHQWDO D FRVWD RHVWH GD ÈIULFD SDVVDQGR SRU &DER 9HUGH &RQJR
4XtORDH=LPEiEXH'LVSRQtYHOHPKWWSZZZKLVWRULDEUDVLOHLUDFRPEUDVLOFRORQLDRULJHPGRV
HVFUDYRVDIULFDQRV!$FHVVRHPGHIHYHUHLURGH
1LOPD %HQWHV p UHIHUrQFLD GR PRYLPHQWR QHJUR QD UHJLmR QRUWH DWXDQGR SULQFLSDOPHQWH QR
HVWDGR GR 3DUi TXDQGR HP SDUWLFLSRX GD IXQGDomR GR &HQWUR GH (VWXGRV H 'HIHVD GR
1HJUR GR 3DUi &HGHQSD e IRUPDGD HP DJURQRPLD SHOD 8QLYHUVLGDGH )HGHUDO 5XUDO GD
$PD]{QLDHHPVXDFDUUHLUDGHDJU{QRPDIRLUHVSRQViYHOSRUDQDOLVDURVSURMHWRVUXUDLV
ϴϵ
ϵϬ
&203(7Ç1&,$6+$%,/,'$'(6
&RPSUHHQGHU DV PXGDQoDV QR PRGR GH SURGXomR FRP R
SURFHVVR GH LQGXVWULDOL]DomR RV SURFHVVRV PLJUDWyULRV H D
RUJDQL]DomRGDVRFLHGDGH
$QDOLVDUKLVWRULFDPHQWHRVIDWRUHVGDYLQGDGRVQHJURVSDUDR
%UDVLOHVXDFRQWULEXLomRQDIRUPDomRHFRQ{PLFDGR%UDVLO
3UDWLFDU R UHVSHLWR jV GLIHUHQoDV FXOWXUDLV pWQLFDV GH JrQHUR
UHOLJLRVDVHSROtWLFDV 6('S
$V WHPiWLFDV DIULFDQDV H DIUREUDVLOHLUDV HVWmR GLVSRVWDV QR UHIHUHQFLDO
FXUULFXODUSDUDRHQVLQRPpGLRGHIRUPDPXLWRVLPLODUDRUHIHUHQFLDOGRHQVLQR
IXQGDPHQWDO7DPEpPVmRYLVWDVSURSRVWDVGRVFRQWH~GRVSURJUDPiWLFRVGD/HL
1RWySLFRHistória da África e dos africanosGHYHVHFRQVLGHUDUTXH
DKLVWyULDGROXJDUQmRpDPHVPDKLVWyULDSDUDRVVXMHLWRVRTXHSRVVLELOLWDXPD
DPSOLWXGHGRWHPD$VVLPFRPRQDOHLQmRpGHILQLGRTXDOÈIULFDDERUGDUGDGD
D LQILQLGDGH GH SRWHQFLDOLGDGHV GR FRQWH~GR 2 PHVPR p SHUFHELGR FRP D
KLVWyULDGRVDIULFDQRVSRLVVHWUDWDGHVXMHLWRVGtVSDUHVFRPSURFHVVRVKLVWyULFRV
GLIHUHQWHV
$VFRPXQLGDGHVTXLORPERODVPHVPRQmRVHQGRFRQWH~GRSURJUDPiWLFR
GDOHLVmRLPSRUWDQWHVSDUDDKLVWyULDUHJLRQDOGR0DWR*URVVRGR6XO3RUpP
VmR HOHQFDGDV QR UHIHUHQFLDO VHP FRQVLGHUDomR GD GLYHUVLGDGH GHVVDV
FRPXQLGDGHVHDGLILFXOGDGHHPHQFRQWUDUPDWHULDOTXHFRQWHPSOHRFRQWH~GR
2XWURVGRLVWySLFRVVmRDFUHVFHQWDGRVQRUHIHUHQFLDOSDUDRHQVLQRPpGLR
HWDPEpPVmRYLVWRVFRPRSURSRVWDVGD/HL2WySLFRcultura negra
QDOHLpGHILQLGRFRPRcultura negra brasileiraHQRFRQWH~GRGRUHIHUHQFLDOQmR
VH FRQVLGHUD R WHUPR FXOWXUD HP VXD GLYHUVLGDGH 1mR p GHILQLGR TXDO FXOWXUD
DERUGDU Dcultura negra SUySULD GD ÈIULFD RX D cultura negra FRP UDt]HV DIUR
EUDVLOHLUDV2WySLFRA luta dos negros no BrasilpDSRQWDGRFRPRFRQWH~GRQD
/HL H p XPD UHIHUrQFLD GR HL[R WHPiWLFR Cidadania: diferenças e
desigualdadesSUHVHQWHQRV3&1VSDUDRHQVLQRPpGLR(PERUDQDKLVWyULDGH
OXWD GRV QHJURV KDMD YiULDV Do}HV GH UHVLVWrQFLDV RV FRQWH~GRV GRV OLYURV
GLGiWLFRVHYLGHQFLDPXPDUHSUHVHQWDomROLJDGDDRSHUtRGRGHHVFUDYLGmR
6HJXLQGRDDQiOLVHDVFRPSHWrQFLDVHKDELOLGDGHVHVWmRGHVFRQH[DVGRV
FRQWH~GRVSRLVSDUDFRPSUHHQGHUHSUDWLFDURUHVSHLWRjVGLIHUHQoDVFXOWXUDLV
pWQLFDV GH JrQHUR UHOLJLRVDV H SROtWLFDV p SUHFLVR GHILQLU GH IRUPD PDLV
ϵϭ
ϵϮ
7 ±&RPRDOHLH[LJH
0 ±7DQWRDHD
7 ± ([DWDPHQWH (QWmR DJRUD RV FRPSRQHQWHV FXUULFXODUHV
HOHV YmR YLU H SUDWLFDPHQWH Mi Wi SURQWR H HOHV HVWmR IRFDQGR
QHVVHVFRQWH~GRVPDVQmRWHPPDWHULDOGLGiWLFR
0 ±3RUHQTXDQWRQmR
7 ±1mRSRUTXHRTXHDJHQWHWHPWiOiQROLYURGRSULPHLUR
FRPR+LVWyULD$QWLJDYRFrWHPTXHVHYLUDUHHQFRQWUDUPDWHULDO
0 ± (QWmR SDUD SRVVLELOLWDU R HVWXGR DFHUFD GD WHPiWLFD
SURSRVWD SHOD OHL YRFr WHP D RSRUWXQLGDGH GH HODERUDU
XPDDSRVWLOD
7 ±([DWDPHQWH
0 ±(DtRVDOXQRVHOHVYmRWHUDFHVVRDHVVHPDWHULDOSRUTXH
DHVFRODIRUQHFHD[HUR[
7 ± )RUQHFH IRUQHFH D [HUR[ LVVR Mi Wi DPDUUDGR GHQWUR GR
UHIHUHQFLDOFXUULFXODUGHVGHHXHVWRXGHVGHIRLIHLWRXP
DQH[RGHQWURGRUHIHUHQFLDOFXUULFXODUHQmRWHPHVVHPDWHULDO
GLGiWLFRQROLYURGR$QRHWRGRVRVDQRVDHVFRODYDLWHUTXH
PRQWDUDSRVWLOD 7$7,$1(
2VSUREOHPDVTXDQWRjGLVSRVLomRGRVFRQWH~GRVUHIHUHQWHVDRVREMHWLYRV
GD /HL WDPEpP VmR PHQFLRQDGRV SHOD SURIHVVRUD 7DWLDQH
&RPSUHHQGHVHTXHD³IRUPDPDLVDEUDQJHQWH´UHIHUHVHDXPDSURIXQGLGDGH
GHFRQWH~GRVQRHQVLQRPpGLR6mRYiULRVDQRVGHKLVWyULDHOHQFDGRVSDUDXP
ELPHVWUH7DOGLIHUHQoDHQWUHRVREMHWLYRVGR(QVLQR)XQGDPHQWDOH0pGLRVmR
GLVFXWLGRVQRVGRFXPHQWRVGRV3&1VHQRVUHIHUHQFLDLVVHQGRRVFRQWH~GRV
SDUDRHQVLQRPpGLRHQWHQGLGRVFRPRXPDH[WHQVmRGRHQVLQRIXQGDPHQWDO2
DSURIXQGDPHQWR GRV FRQWH~GRV SRGH VHU XP SUREOHPD TXDQWR DR WHPSR
GHWHUPLQDGR SDUD DV DXODV GH +LVWyULD 6H QRV FXUUtFXORV RV FRQWH~GRV
DXPHQWDPQDFDUJDKRUiULDDVDXODVGLPLQXHP1RFDVRGDGLVFLSOLQD+LVWyULD
VmR WUrV DXODV VHPDQDLV QR HQVLQR IXQGDPHQWDO H GXDV DXODV VHPDQDLV QR
HQVLQR PpGLR LQFOXLQGR SURYDV H DWLYLGDGHV H[WUDFXUULFXODUHV TXH GHYHP VHU
UHDOL]DGDV3DUDRHQVLQRPpGLRVmRHPPpGLDFHUFDGHDXODVSRUELPHVWUHH
SDUDRHQVLQRIXQGDPHQWDOFHUFDGHDXODV
3DUDDSURIHVVRUD7DWLDQHRVFRQWH~GRVQmRHVWmRGLVSRVWRVjPDQHLUD
TXHH[LJHDOHLQRUHIHUHQFLDOFXUULFXODUHWDPSRXFRQRVOLYURVGLGiWLFRVHQD
QDUUDWLYD SDUD VH UHIHULU D HVVHV SUREOHPDV D H[SUHVVmR ³DLQGD´ GHQRWD XP
GHVFRPSDVVR FRP DV REULJDo}HV HOHQFDGDV QD /HL TXDQWR DRV
FRQWH~GRV D VHUHP HVWXGDGRV 2V PDLRUHV TXHVWLRQDPHQWRV GDV SURIHVVRUDV
HVWmRQDVGLILFXOGDGHVGHDGDSWDomRSRULPSOLFDUQDVSUiWLFDVHPVDODGHDXOD
ϵϯ
ϵϰ
PDVVLPQDV³EUHFKDV´HQFRQWUDGDVQRVFXUUtFXORV1RDQRGHQD(VFROD
(VWDGXDORDia da Consciência NegraIRLFRPHPRUDGRHPFRQMXQWRFRPXPD
IHLUD GH FLrQFLDV TXH HQYROYHX WRGRV RV DOXQRV HP GLYHUVDV DWLYLGDGHV $
SURIHVVRUD7DWLDQHMXQWRDRVDOXQRVGRDQRGR(QVLQR0pGLRGHVHQYROYHXXPD
H[SRVLomRGHPiVFDUDVDIULFDQDV
&RQFOXVmR
$R UHIOHWLU VREUH D DSOLFDomR GD /HL D SURIHVVRUD HYLGHQFLRX
SUREOHPDVHPWUDEDOKDUDVWHPiWLFDVDIULFDQDVHDIUREUDVLOHLUDVFRQVLGHUDQGR
TXHDQmRDGHTXDomRHQWUHUHIHUHQFLDOFXUULFXODUHFRQWH~GRVGRVOLYURVGLGiWLFRV
GLILFXOWD D SUiWLFD GRFHQWH $VVLP DSRQWRX TXH XPD GDV PHGLGDV D VHUHP
WRPDGDV p D UHIRUPXODomR GRV UHIHUHQFLDLV FXUULFXODUHV HP GLiORJR FRP D
SURGXomRHSROtWLFDGHGLVWULEXLomRGHOLYURVGLGiWLFRV5HFRQKHFHXRVSUREOHPDV
GRFRWLGLDQRHVFRODUHSRUVHXVTXHVWLRQDPHQWRVTXHGLDORJDPFRPDPLOLWkQFLD
GR PRYLPHQWR QHJUR DEUH SRVVLELOLGDGHV GH UHVROYrORV HP VDOD GH DXOD
&RQWXGRHPVXDFUtWLFDDRVFRQWH~GRVDSRQWRXTXHRVSUREOHPDVWrPUDt]HV
LQVWLWXFLRQDLV
1DDQiOLVHGRVGRFXPHQWRVTXHUHJXODPHQWDPRHQVLQRGH+LVWyULDHDV
SUiWLFDVGRFHQWHVSHUFHEHVHTXHDGLILFXOGDGHGHWUDEDOKRDQXDOFRPWHPiWLFDV
DIULFDQDV H DIUREUDVLOHLUDV p FRORFDGD SHORV FXUUtFXORV 2V VXMHLWRV TXH OLGDP
FRP RV VDEHUHV GHQXQFLDP D QHFHVVLGDGH GH XPD QRYD RUJDQL]DomR GRV
FXUUtFXORVHDGHTXDomRGRVOLYURVGLGiWLFRVGDQGRSRVVLELOLGDGHVSDUDTXHVXDV
SUiWLFDVSRVVDPID]HUYDOHUD/HLQRkPELWRHVFRODU
6HQGR R FXUUtFXOR XP LQVWUXPHQWR GR (VWDGR TXDO p R LQWHUHVVH HP
HQDOWHFHU XPD KLVWyULD HXURSHLD FRPR XQLYHUVDO HP GHWULPHQWR GD KLVWyULD GR
%UDVLO"4XDLVDVGLILFXOGDGHVHPURPSHUFRPXPHVTXHPDGHGLYLVmRGD+LVWyULD
SUHVHQWH QRV FXUUtFXORV GR VpFXOR ;,;" 3RU TXH QmR GDU R GHYLGR YDORU DV
KLVWyULDVHFXOWXUDVGDSRSXODomRQHJUDTXHVHIH]SUHVHQWHQDIRUPDomRGRDWXDO
%UDVLO" 6HJXQGR $EXG ³RV SURJUDPDV >@ H D HODERUDomR GD /'%1 QmR
FRQVHJXLXIXJLUGDFRQFHSomRSUDJPiWLFDTXHSUHWHQGLDIRUPDURFLGDGmRQRV
PROGHVGRVLQWHUHVVHVGR(VWDGR´ $%8'S
ϵϱ
'LDQWHGHVWDVTXHVW}HVVHUVXMHLWRGHVXDSUiWLFDpRSULQFLSDOGHVDILRGR
SURIHVVRUHPPHLRDRVDOLQKDPHQWRVTXHFRQVWDQWHPHQWHVmRVXJHULGRVDRV
FXUUtFXORVLQVWLWXFLRQDLV$RFLWDU&HUWHDX$EXG H[SOLFDTXHRSUREOHPD
HP OLGDU FRP RV FXUUtFXORV GHYHVH DR IDWR GHVWHV VHUHP LQVWLWXFLRQDLV H TXH
LQGHSHQGHQWHGRVyUJmRVTXHRVHODERUDUDPRVLQWHUHVVHVHPVXDRUJDQL]DomR
VmRVLOHQFLDGRV
5HIHUrQFLDV
$%8'.iWLD0&XUUtFXORVGH+LVWyULDHSROtWLFDVS~EOLFDVRVSURJUDPDVGH
+LVWyULDGR%UDVLOQDHVFRODVHFXQGiULD,Q%LWWHQFRXUW& 2UJ ³2VDEHU
KLVWyULFRQDVDODGHDXOD´HG6mR3DXOR&RQWH[WRS±
$/%(57,9HUHQD3(5(,5$$UD~MR$PLOFDU 2UJV +LVWyULDVGRPRYLPHQWR
QHJUR
QR%UDVLOGHSRLPHQWRVDR&3'2&5LRGH-DQHLUR3DOODV&3'2&)*9
$552<2*RQ]iOH]0LJXHO2VPRYLPHQWRVVRFLDLVHDFRQVWUXomRGHRXWURV
FXUUtFXORV(GXFDUHP5HYLVWD(GLWRUD8)35&XULWLED35QS
MDQPDU
)216(&$6HOYD*&DPLQKRVGD+LVWyULDHQVLQDGDHG&DPSLQDV63
3DSLUXV
BBBBBBBB'LGiWLFDHSUiWLFDGHHQVLQRGH+LVWyULDHG&DPSLQDV63
3DSLUXV
6,/9$0DUFRV$QW{QLR$OJXPDVUHIHUrQFLDVSDUDRUJDQL]DomRHDERUGDJHPGR
FXUUtFXOR,Q6LOYD032572$ RUJV ³1DVWULOKDVGRHQVLQRGHKLVWyULD
WHRULDHSUiWLFD´±%HOR+RUL]RQWH5RPD
)RQWHVLPSUHVVDVHRUDLV
%5$6,//HLQGHGHMDQHLURGH$OWHUDD/HLQRGHGH
GH]HPEURGHTXHHVWDEHOHFHDVGLUHWUL]HVHEDVHVGDHGXFDomRQDFLRQDO
SDUDLQFOXLUQRFXUUtFXORRILFLDOGD5HGHGH(QVLQRDREULJDWRULHGDGHGD
WHPiWLFD+LVWyULDH&XOWXUD$IUR%UDVLOHLUDHGiRXWUDVSURYLGrQFLDV
BBBBBBB/HLGHGHGH]HPEURGHTXHHVWDEHOHFHDV/HLVGH
'LUHWUL]HVH%DVHVGD(GXFDomR1DFLRQDO
BBBBBBB'LUHWUL]HV&XUULFXODUHV1DFLRQDLVSDUD(GXFDomRGDV5HODo}HV
eWQLFR5DFLDLVHSDUDRHQVLQRGH+LVWyULDH&XOWXUD$IUREUDVLOHLUDHDIULFDQD
%UDVtOLD±')
ϵϲ
BBBBBBB6HFUHWDULDGH(GXFDomR)XQGDPHQWDO3DUkPHWURVFXUULFXODUHV
QDFLRQDLVWHUFHLURHTXDUWRFLFORVGRHQVLQRIXQGDPHQWDOLQWURGXomRDRV
SDUkPHWURVFXUULFXODUHVQDFLRQDLV6HFUHWDULDGH(GXFDomR)XQGDPHQWDO±
%UDVtOLD0(&6()S
BBBBBBB6HFUHWDULDGH(GXFDomR1DFLRQDO3DUkPHWURVFXUULFXODUHVQDFLRQDLV
SDUDR(QVLQR0pGLR%UDVtOLD&kPDUDGH(GXFDomR%iVLFDGR&RQVHOKR
1DFLRQDOGH(GXFDomRS
BBBBBBB6HFUHWDULDGR(VWDGRGH(GXFDomR5HIHUHQFLDO&XUULFXODUGD5HGH
(VWDGXDOGH0DWR*URVVRGR6XO(QVLQR0pGLR&DPSR*UDQGH06
BBBBBBB6HFUHWDULDGR(VWDGRGH(GXFDomR5HIHUHQFLDO&XUULFXODUGD5HGH
(VWDGXDO
GH0DWR*URVVRGR6XO(QVLQR)XQGDPHQWDO&DPSR*UDQGH06
7DWLDQHQDVFHXHP&RUXPEi06QRGLDGHIHYHUHLURGHIRL
HQWUHYLVWDGDQD(VFROD(VWDGXDOQRPrVGHGH]HPEURGHQRPXQLFtSLR
GH1RYD$QGUDGLQD067HPSRGHGXUDomRGDHQWUHYLVWDPLQXWRVH
VHJXQGRV6XSRUWHGHJUDYDomRGLJLWDO7RWDOGHSiJLQDVWUDQVFULWDV
'DQLHOHQDVFHXHP,YLQKHPD06QRGLDGHIHYHUHLURGHIRL
HQWUHYLVWDGDQD(VFROD0XQLFLSDOQRPrVGHGH]HPEURGHQRPXQLFtSLR
GH1RYD$QGUDGLQD067HPSRGHGXUDomRGDHQWUHYLVWDPLQXWRVH
VHJXQGRV7RWDOGHSiJLQDVWUDQVFULWDV
ϵϳ
352)(6625(6'(+,67Ï5,$12675,/+26'$/,7(5$785$
)250$d2,1,&,$/(;3(5,Ç1&,$(08/7,3/,&,'$'(
2FWDYLRGH0HOR3RQWHV
,QFXUV}HVLQLFLDLV
(VWHWUDEDOKRpGHVGREUDPHQWRGHXPDSHVTXLVDPDLVDPSODYROWDGDSDUD
HVFULWDGRWUDEDOKRGHFRQFOXVmRGHFXUVRDSUHVHQWDGRSRUPLPDR,QVWLWXWRGH
&LrQFLDV +XPDQDV GD 8QLYHUVLGDGH )HGHUDO GH -XL] GH )RUD 8)-) FRPR
UHTXLVLWRSDUFLDOSDUDREWHQomRGRWtWXORGHOLFHQFLDGRHP+LVWyULDVRERULHQWDomR
GR SURI 'U 0DUFXV /HRQDUGR %RPILP 0DUWLQV 1R 7&& LQWLWXODGR ³3DODYUDV
LQVXEPLVVDVOLWHUDWXUDHH[SHULrQFLDQDIRUPDomRGHSURIHVVRUHVGH+LVWyULD´
EXVFDPRV HODERUDU XPD UHIOH[mR VREUH D SUHVHQoD GDV REUDV OLWHUiULDV QD
IRUPDomRGRSURIHVVRUGH+LVWyULD3DUWLQGRGRHQWHQGLPHQWRGHTXHDOLWHUDWXUD
FDUUHJD FRQVLJR XP FDUiWHU KXPDQL]DGRU &$1','2 DSRVWDPRV QD
GLPHQVmRSRpWLFDGDOHLWXUDFRPRHVSDoRSRVVtYHOGHGLiORJRHH[SHULPHQWDomR
SDUDRSURIHVVRUGH+LVWyULD7DQWRGRSRQWRGHYLVWDSHVVRDORQGHSXGHUHIOHWLU
VREUH PLQKDV SUySULDV H[SHULrQFLDV FRPR OHLWRU TXDQWR GR SRQWR GH YLVWD
FROHWLYR HP GLiORJR FRP RXWURV SURIHVVRUHV HP IRUPDomR HODERUDPRV XPD
DQiOLVHVREUHDSRWrQFLDGDOLQJXDJHPSRpWLFDQDIRUPDomRGRFHQWH
$TXLDSUHVHQWRSDUWHGDVTXHVW}HVDERUGDGDVQR7&&GDQGRDWHQomR
jVGLVFXVV}HVWHyULFDVPRELOL]DGDVDRORQJRGDSHVTXLVD%XVFDQGRH[SORUDUDV
SRWHQFLDOLGDGHVGHXPDIRUPDomR YHUWLFDOL]DGDGDQGRDWHQomRDRXWUDViUHDV
GRFRQKHFLPHQWRRXWURVVXMHLWRVRXWUDVHVFULWDVHRXWUDVYR]HVWHQWDUHLWUDoDU
XPGLiORJRHQWUHDOHLWXUDGHREUDVOLWHUiULDVHRID]HUVHSURIHVVRUGH+LVWyULD
SHQVDQGR QHVWH GLiORJR FRPR XP OXJDU FDSD] GH HYLGHQFLDU VHQWLGRV H
VXEMHWLYLGDGHVHGHPDUFDUDPXOWLSOLFLGDGHGHVDEHUHVYR]HVHFDPLQKRVTXH
SRGHPVHUWULOKDGRVDRORQJRGDIRUPDomR3DUDLVVRGLYLGRHVWHWUDEDOKRHP
/LFHQFLDGR H EDFKDUHODQGR HP +LVWyULD SHOD 8QLYHUVLGDGH )HGHUDO GH -XL] GH )RUD 8)-)
(PDLORFWDYLRGHPHORSRQWHV#JPDLOFRP
3URIHVVRUQD)DFXOGDGHGH(GXFDomRGD8QLYHUVLGDGH)HGHUDOGH-XL]GH)RUD 8)-) 'RXWRU
HP (GXFDomR SHOD 8QLYHUVLGDGH )HGHUDO GR 5LR GH -DQHLUR 8)5- 25&,'
KWWSVRUFLGRUJ
ϵϴ
GXDV SDUWHV D SULPHLUD WUDWD GD IRUPDomR LQLFLDO RQGH WHQWR H[SORUDU DV
SRWHQFLDOLGDGHVGRVFDPLQKRVLQLFLDLVWULOKDGRVSRUSURIHVVRUHV&RQVLGHUDQGRR
FRQFHLWRGH³H[SHULrQFLD´WHQWDUHLHYLGHQFLDUDIRUPDomRLQLFLDOFRPRXPOXJDU
GH PXOWLSOLFLGDGH RQGH RV VXMHLWRV VH WUDQVIRUPDP H DJHP VREUH RV
FRQKHFLPHQWRVRWHPSRWRGR
$VHJXQGDSDUWHGHVWHWUDEDOKRVHGHGLFDDH[SORUDUDGLVFXVVmRVREUHD
DXODGH+LVWyULDQDLQWHUIDFHFRPD/LWHUDWXUD3DUWLQGRGRSUHVVXSRVWRGHTXHR
SURIHVVRU FDUUHJD FRQVLJR P~OWLSORV VDEHUHV EXVFR HP GLiORJR FRP 3HUHLUD
FLUFXQVFUHYHUDDXODFRPRXPWHUULWyULRGHH[SHULPHQWDomR'HVVDIRUPD
DSRVWRQDDXODGH+LVWyULDFRPRXPDQDUUDWLYDQDTXDODGLPHQVmRSRpWLFDGDV
REUDV OLWHUiULDV SRGH ID]HU SDUWH /DQoDQGR PmR GR FRQFHLWR GH H[SHULrQFLD H
HQWHQGHQGR D SRWrQFLD GD OLWHUDWXUD HP VHX FDUiWHU KXPDQL]DGRU &$1','2
EXVFRGHOLQHDUXPDUHIOH[mRVREUHDVSRVVLELOLGDGHVGDLPDJLQDomRGD
FULDomRHGDDUWHSRpWLFDQRWUDEDOKRGRFHQWH'HVVHPRGRSHQVRTXHDDEHUWXUD
SDUDQRYDVSRVVLELOLGDGHVSRGHFRQWULEXLUGHIRUPDVXEVWDQFLDOSDUDR(QVLQRGH
+LVWyULD
3RWrQFLDVSRpWLFDVQDGDIRUPDomRLQLFLDO
$PLQKDKLVWyULDHVWiDFKHJDUDRILPHVLQWRPHFRPSOHWDPHQWH
YD]LR 3RGHULDSDUDUQHVWHSRQWRPDVQmRDTXLDVFRLVDV
QmR IXQFLRQDP DVVLP $V SHVVRDV TXH SDUWLFLSDUDP QHVWD
KLVWyULDQmRVmRSHUVRQDJHQVRXVHSDVVDUDPDVrORSRUFXOSD
PLQKD QmR GHVHMR WUDWiODV FRPR WDO &RP WULVWH]D VHP ID]HU
OLWHUDWXUD RX SHOR PHQRV VHP GHVHMDU ID]rOR GLUHL R TXH
DFRQWHFHXjTXHOHVTXHDRPHLRGLDGHGH-XQKRGH
DLQGDHVWDYDPYLYRV ++K+/DXUHQW%LQHW
1RSULPHLURVHPHVWUHGHDLQGDQRLQtFLRGDOLFHQFLDWXUDFXUVHLXPD
GLVFLSOLQD TXH WLQKD FRPR REMHWLYR JHUDO GLVFXWLU DV SRVVLELOLGDGHV GR GLiORJR
HQWUH D7HRULD GD +LVWyULD H D /LWHUDWXUD$OpP GD ELEOLRJUDILD EiVLFD GR FXUVR
IRUDP DSUHVHQWDGDV REUDV GH ILFomR H HQWUH HODV XP GRV OLYURV TXH PH IH]
HQ[HUJDUGHIRUPDFODUDRTXHVLJQLILFDHVWDEHOHFHUXPDSRQWHHQWUHD/LWHUDWXUD
HD+LVWyULD++K+ +LPPOHUV+LUQKHLW+H\GULFK RX³RFpUHEURGH+LPPOHUVH
FKDPD +H\GULFK´ OLYUR GR HVFULWRU IUDQFrV /DXUHQW %LQHW WUD] FRPR SDQR GH
IXQGR D 2SHUDomR$QWURSRLGH XP DWHQWDGR PLOLWDU FRQWUD 5HLQKDUG +H\GULFK
ILJXUDGRDOWRHVFDOmRQD]LVWDGXUDQWHD6HJXQGD*XHUUD0XQGLDO
ϵϵ
0DLVGRTXHXPH[HUFtFLRGHFRQWDURXUHFRQWDUXPHYHQWRKLVWyULFR%LQHW
DLQGD TXH QmR VH SURSRQKD D LVVR PH DSUHVHQWRX D SRVVLELOLGDGH GH
SHQVDU D KLVWyULD H D +LVWyULD HP VXD GLPHQVmR SRpWLFD (P XPD QDUUDWLYD
FULDWLYDRQGHDYR]GHXPHVFULWRUDQJXVWLDGRSHORSUySULRRItFLRGiYR]DXPD
QDUUDWLYD KLVWyULFD PDUFDQWH %LQHW ID] FDPLQKDUHP MXQWRV FRQKHFLPHQWR
KLVWyULFRHSRHVLD1DTXHOHPRPHQWRRFXUVRGH+LVWyULDFRPHoDYDDJDQKDU
QRYRVFRQWRUQRVHjPHGLGDTXHRWHPSRSDVVDYDDVUHODo}HVHQWUHDOHLWXUD
GH /LWHUDWXUD TXH PH DFRPSDQKD Ki PXLWR WHPSR H D IRUPDomR HP +LVWyULD
FRPHoDYDPDVHHVWDEHOHFHUGHIRUPDSURIXQGDHIRUPDUVHQWLGRVVREUHRVTXDLV
PHXROKDUVHGHVORFDDWpKRMH
$R HQWUDU HP FRQWDWR FRP D SHVTXLVD HP XP SURMHWR GH LQLFLDomR
FLHQWtILFDTXHGHPRGRJHUDOEXVFDYDSHQVDUDVWUDMHWyULDVGRVSURIHVVRUHVGH
+LVWyULDHPIRUPDomRSXGHFRPHoDUDUHIOHWLUVREUHPHXVSUySULRVFDPLQKRVH
IRLHVVHRPRPHQWRHPTXHXPDVHPHQWHIRLSODQWDGDHPLQKDUHODomRFRPRV
OLYURV FRPHoRX D ILFDU HYLGHQWH HP PLQKD IRUPDomR 6H D IRUPDomR LQLFLDO VH
FRQIRUPD FRPR XP HVSDoR GH P~OWLSODV YLYrQFLDV VREUH R TXDO DERUGDUHL D
VHJXLUDDWHQomRjVWUDMHWyULDVHVWXGDQWLVIRLFDSD]GHGHVORFDUPHXROKDUSDUD
PLQKDVSUySULDVH[SHULrQFLDVHSRVWHULRUPHQWHSDUDRFRQFHLWRGHH[SHULrQFLD
FRPR XPD FKDYH FDSD] GH SURYRFDU UHIOH[}HV PDLV DPSODV D UHVSHLWR GD
IRUPDomRLQLFLDO
4XDQGR IDOR D UHVSHLWR GH IRUPDomR LQLFLDO HVWRX PH UHIHULQGR DR
PRPHQWR GD JUDGXDomR RQGH RV VXMHLWRV GmR VHXV SULPHLURV SDVVRV SDUD D
SURILVVLRQDOL]DomR1RFDVRGDIRUPDomRGRFHQWHUHFRUURDRWUDEDOKRGH7DUGLI
SDUD SHQVDU R TXH FDUDFWHUL]D RV VDEHUHV GRV SURIHVVRUHV H
FRQVHTXHQWHPHQWH RV VDEHUHV FRP RV TXDLV SURIHVVRUHV HP IRUPDomR
FRPHoDP D HVWDEHOHFHU UHODo}HV 7DUGLI GHVHQYROYH XPD UHIOH[mR TXH
WUDWD GRV VDEHUHV GRV SURIHVVRUHV FRQVLGHUDQGR VXDV SDUWLFXODULGDGHV VXD
SOXUDOLGDGH H KHWHURJHQHLGDGH $R EXVFDU HVWDEHOHFHU XPD HSLVWHPRORJLD GD
SUiWLFDHSURILVVmRGRFHQWHRDXWRUSRQWXDTXH
2VVDEHUHVSURILVVLRQDLVWDPEpPVmRYDULDGRVHKHWHURJrQHRV
SRUTXHQmRIRUPDPXPUHSHUWyULRGHFRQKHFLPHQWRVXQLILFDGR
SRUH[HPSORHPWRUQRGHXPDGLVFLSOLQDGHXPDWHFQRORJLDRX
GH XPD FRQFHSomR GR HQVLQR HOHV VmR DQWHV HFOpWLFRV H
VLQFUpWLFRV 8P SURIHVVRU UDUDPHQWH WHP XPD WHRULD RX XPD
ϭϬϬ
FRQFHSomRXQLWiULDGHVXDSUiWLFDDRFRQWUiULRos professores
utilizam muitas teorias, concepções e técnicas, conforme a
necessidade PHVPR TXH SDUHoDP FRQWUDGLWyULDV SDUD RV
SHVTXLVDGRUHVXQLYHUVLWiULRV 7$5',)SJULIRPHX
$R IDODU VREUH D KHWHURJHQHLGDGH GRV VDEHUHV GRFHQWHV 7DUGLI
FRPHoDDGHOLQHDUXPDDQiOLVHPXLWRLPSRUWDQWHDUHVSHLWRGDIRUPDomRLQLFLDO
2UDVHRSURIHVVRUpXPVXMHLWRTXHWUD]FRQVLJRVDEHUHVYDULDGRVpSRVVtYHO
FRQVLGHUDUDWUDMHWyULDGHVVHVXMHLWRQDFRQMXJDomRGHVHXVVDEHUHV,QGRDOpP
7DUGLI WDPEpP SRQWXD TXH RV VDEHUHV GRV SURIHVVRUHV VmR SOXUDLV H
SHUVRQDOL]DGRV$RHQWUDUQDVDODGHDXODRSURIHVVRUGLVS}HGHVDEHUHVTXH
GHPDUFDPDFDUDFWHUtVWLFDPDLVLPSRUWDQWHDVHXUHVSHLWRFDUUHJDPFRQVLJRDV
PDUFDV GR KXPDQR (VVD DILUPDomR p IXQGDPHQWDO SDUD D FRPSUHHQVmR GD
IRUPDomR LQLFLDO FRPR XP HVSDoR SRVLWLYR SDUD DV LQ~PHUDV YLYrQFLDV H
H[SHULrQFLDVHPPRYLPHQWR
6H R SURIHVVRU VH FRQVWLWXL FRPR XP VXMHLWR TXH WUD] FRQVLJR VDEHUHV
P~OWLSORVRHVSDoRGDIRUPDomRLQLFLDODLQGDTXHHPEULRQiULRMiGHOLQHLDDOJXQV
GRVVDEHUHVVREUHRVTXDLVRWUDEDOKRGRFHQWHVHDVVHQWD6HMD QDIRUPDomR
LQLFLDO VHMD QD FDUUHLUD Mi HVWDEHOHFLGD GH XP SURIHVVRU HP DWLYLGDGH QmR Ki
FRPRQHJDUDLPSRUWkQFLDGDH[SHULrQFLDQDIRUPDomR$LQGDFRP7DUGLI
TXHDILUPDTXH³XPSURIHVVRUWHPXPDKLVWyULDGHYLGDpXPDWRUVRFLDOWHP
HPRo}HV XP FRUSR SRGHUHV XPD SHUVRQDOLGDGH XPD FXOWXUD RX PHVPR
FXOWXUDVHVHXVSHQVDPHQWRVHDo}HVFDUUHJDPDVPDUFDVGRVFRQWH[WRVQRV
TXDLV VH LQVHUHP´ 7$5',) S SRGHPRV GHVORFDU R ROKDU SDUD DV
H[SHULrQFLDVYLYLGDVSRUHVVHSURILVVLRQDO
$QWHV GH GDU DWHQomR DR FRQFHLWR GH H[SHULrQFLD TXH QHVWH WUDEDOKR
EXVFDDGHQVDUDGLVFXVVmRDFHUFDGDVUHODo}HVSRVVtYHLVHQWUHD+LVWyULDHD
/LWHUDWXUDODQoRPHXROKDUSDUDDIRUPDomRGRVSURIHVVRUHVGH+LVWyULD$HVVH
UHVSHLWRWUDJRFRPRUHIHUHQFLDOWHyULFRRWUDEDOKRGH0RQWHLUR TXH
WUD]LPSRUWDQWHVUHIOH[}HVVREUHDIRUPDomRGRSURIHVVRUGH+LVWyULDGHIRUPD
VLVWHPiWLFD6HGHGLFDQGRDDQDOLVDUDUHODomRGHSURIHVVRUHVGH+LVWyULDFRP
RV VDEHUHV TXH HQVLQDP D DXWRUD UHLWHUD D LPSRUWkQFLD GD VXEMHWLYLGDGH QR
WUDEDOKR GRFHQWH DQDOLVDQGR R SURIHVVRU FRPR XP DJHQWH QR SURFHVVR
HGXFDWLYR 0217(,52 S 2UD VH R SURIHVVRU p XP VXMHLWR TXH
FDUUHJD FRQVLJR VDEHUHV P~OWLSORV FRPR QRV DSRQWD7DUGLI R FDVR GR
ϭϬϭ
SURIHVVRUGH+LVWyULDQmRVHGLIHUHGHVWDLQWHUSUHWDomRDILQDODTXLRSURIHVVRU
HP IRUPDomR p HQWHQGLGR FRPR XP VXMHLWR TXH DJH VREUH R FRQKHFLPHQWR H
VREUH R HVSDoR FRP R TXDO LQWHUDJH 1HVVH VHQWLGR EXVFR GHPDUFDU QHVWDV
SDODYUDVRHQWHQGLPHQWRGDIRUPDomRFRPRHVSDoRGHSDUWLOKD KRRNV H
DILUPDomRGDH[SHULrQFLDKXPDQD
$QWRQLR 1yYRD DSUHVHQWD XPD EHOtVVLPD FLWDomR TXH GL] TXH ³R
SURIHVVRU p D SHVVRD H SDUWH LPSRUWDQWH GD SHVVRD p R SURIHVVRU´ 1Ï92$
(VVDPi[LPDQRVDMXGDDSHUFHEHUHFRQILUPDUDVLQJXODULGDGHGRVXMHLWR
TXHVHIRUPDSDUDDGRFrQFLDSUHHQFKHQGRDVDODGHDXODGHLQ~PHUDVIRUPDV
WUD]HQGR FRQKHFLPHQWRV UHIHUrQFLDV H H[SHULrQFLDV P~OWLSODV 1HVVD
SHUVSHFWLYD D GRFrQFLD VH DSUHVHQWD FRPR XP OXJDU GH WUDQVIRUPDomR GH
PRYLPHQWRGHFRQVWUXomRFRQWtQXDGHGHYLU $025,00217(,52S
RQGHRSURIHVVRUHODERUDVHQWLGRVVREUHVLPHVPRVREUHRRXWURHVREUHR
PXQGRHPXPFRQVWDQWHPRYLPHQWRGHIRUPDomRHWUDQVIRUPDomR
2FRQFHLWRGHH[SHULrQFLDMiFLWDGRDOJXPDVYH]HVpIXQGDPHQWDOSDUD
R GHVHQYROYLPHQWR GDV UHIOH[}HV SURSRVWDV DTXL 6H R HVSDoR GD IRUPDomR p
FDSD]GHHYLGHQFLDUDVH[SHULrQFLDVGHVXMHLWRVVLQJXODUHVpPXLWRLPSRUWDQWH
HODERUDU XPD DQiOLVH PDLV DSURIXQGDGD VREUH HVVDV H[SHULrQFLDV 'HORU\
0RPEHUJHU WUD]XPDLPSRUWDQWHDQiOLVHVREUHDVIRUPDVGHVHSHQVDUDV
WUDMHWyULDV )RFDOL]DQGR VHXV HVWXGRV QDV QDUUDWLYDV ELRJUiILFDV HP TXH RV
VXMHLWRVVmRFDSD]HVGHHODERUDUVHQWLGRVSDUDH[SHULPHQWDUDSUySULDYLGDD
DXWRUDWHFHXPDUHILQDGDUHIOH[mRVREUHRFRQFHLWRGHH[SHULrQFLD¬PHGLGDTXH
DVIRUPDVGHQDUUDUDSUySULDYLGDFRPHoDPDVHGHVHQURODUHPXPSURFHVVRGH
WHRUL]DomRRFRQFHLWRGHH[SHULrQFLDVXUJHFRPRSDUWHFHQWUDOGDSURGXomRGH
VHQWLGRV VREUH VL (P RXWUDV SDODYUDV DUULVFR D GL]HU TXH D SDUWLU GD UHIOH[mR
VREUHDVSUySULDVH[SHULrQFLDVSRGHPRVDWULEXLUVHQWLGRVDRVVDEHUHVTXHQRV
DFRPSDQKDPDRORQJRGDIRUPDomRGHPRGRLQWHJUDGR$VVLPDDXWRUDSRQWXD
TXH
$V H[SHULrQFLDV TXH WHPRV VmR GH IDWR FRQVWUXtGDV
FRQVWURHPVHELRJUDILFDPHQWH(HVVDFRQVWUXomRELRJUiILFDGD
H[SHULrQFLDpper seXPDaprendizagemVHQGRTXHRLQGLYtGXR
PRELOL]DFRPRHPWRGDDSUHQGL]DJHPRVUHFXUVRVELRJUiILFRV
DGTXLULGRVHPVXDVH[SHULrQFLDVSUpYLDVSDUDDSUHQGHURTXHDV
FLUFXQVWkQFLDV GD YLGD VXVFLWDP H integrá-lo QR VLVWHPD
ϭϬϮ
ϭϬϯ
OLWHUiULDV(VVDUHODomRTXHVHGiGHVGHRPRPHQWRHPTXHDRILQDOGRHQVLQR
IXQGDPHQWDOWLYHFRQWDWRFRP-XOHV9HUQHHSHODSULPHLUDYH]FRPDOHLWXUDGH
ILFomRSURGX]VHQWLGRVDWpKRMHHpRTXHRULHQWDDVUHIOH[}HVDTXLH[SRVWDV$
DSRVWDQDOHLWXUDGHOLWHUDWXUDFRPRXPDDOLDGDQRWUDEDOKRGRFHQWHHQRRItFLR
GR KLVWRULDGRU SRGH SURGX]LU RXWUDV SHUFHSo}HV VREUH D IRUPDomR 6H D
H[SHULrQFLDpDTXLORTXHPHWRFDHVHDSDUWLUGDH[SHULrQFLDVRXFDSD]GHPH
GHVORFDUSDUDRRXWURHSDUDPHXLQWHULRUQDOHLWXUDGHOLWHUDWXUDVRXFDSD]GH
GDUVHQWLGRDHVVDVH[SHULrQFLDV
1DUUDWLYDVHPPRYLPHQWR
³$ OLWHUDWXUD GHVHQYROYH HP QyV D TXRWD GH KXPDQLGDGH QD
PHGLGD HP TXH QRV WRUQD PDLV FRPSUHHQVLYRV H DEHUWRV j
QDWXUH]D j VRFLHGDGH H DR VHPHOKDQWH´ $QW{QLR &DQGLGR
4XDQGRDDQWURSyORJDIUDQFHVD0LFKqOH3HWLW IDODVREUHDVSUiWLFDV
GH OHLWXUD FRPR XP IHQ{PHQR FXOWXUDO GHIHQGH TXH R DWR GH OHU OLYURV HVWi
GLUHWDPHQWH UHODFLRQDGR DR H[HUFtFLR GD FLGDGDQLD $R VH GHEUXoDU VREUH D
OHLWXUD D DXWRUD DSRQWD TXH R KiELWR GH OHU p FDSD] GH PRVWUDU DR OHLWRU
³SDVVDJHQVVHFUHWDVTXHVHDEUHPSDUDRXWURVPXQGRV´ 3(7,7S
QDPHGLGDHPTXHHVVHKiELWRpFDSD]GHVHUYLUDROHLWRUFRPRXPPRYLPHQWR
GHSURGXomRGHVHQWLGRVVREUHRXWUDVUHDOLGDGHV
7UDoDQGR XP SDUDOHOR HQWUH R WUDEDOKR GH 3HWLW H R (QVLQR GH
+LVWyULDpSRVVtYHOGL]HUTXHDGLPHQVmRDUWtVWLFDGDOLWHUDWXUDSRGHFRQWULEXLU
SDUD D DXOD HP GLYHUVRV QtYHLV (P SULPHLUR OXJDU UHFRUUR DR WUDEDOKR GH
$OEXTXHUTXH-~QLRU TXHSHQVDQDDXODFRPRXPOXJDUGHGHVORFDPHQWR
3DUD R DXWRU D SULQFLSDO ILQDOLGDGH GR (QVLQR GH +LVWyULD GL] UHVSHLWR D ³
IRUPDomRGHYDORUHVpDSURGXomRGHVXEMHWLYLGDGHVpDFRQVWUXomRGHVXMHLWRV
FDSD]HVGHFRQYLYHUFRPDGLYHUVLGDGHHDGLIHUHQoDFRPRTXHQmRpIDPLOLDU
$/%848(548(-Ò1,25S ´
1HVVD GLUHomR DSRVWR QDV REUDV OLWHUiULDV FRPR XP SRVVtYHO SRQWR GH
LQWHUVHomRHQWUHDDXODGH+LVWyULDHVXDILQDOLGDGH¬PHGLGDTXHDVSUiWLFDVGH
OHLWXUDHRFRQWDWRFRPDDUWHOLWHUiULDVmRDOoDGRVDRWHUULWyULRGRGHVORFDPHQWR
MiTXHQmRDSHQDVDOHLWXUDFRPRWDPEpPDDXODGH+LVWyULDVmRFDSD]HVGH
QRV FRORFDU HP FRQWDWR FRP DTXLOR TXH QRV p H[WHUQR p SRVVtYHO WUDoDU XP
ϭϬϰ
GLiORJRHQWUHDDUWHHDKLVWyULD$VVLPDDXODGH+LVWyULDVHH[SDQGHWRUQDQGR
VHXPOXJDURQGHRXWUDVIRUPDVGHQDUUDUVmRFRQVLGHUDGDVRQGHRXWUDVYR]HV
VmRRXYLGDVRQGHRXWURVROKDUHVVmRSHUFHELGRV
1HVVD GLUHomR 3HUHLUD H[SORUD R SURFHVVR GH HODERUDomR GR
FRQKHFLPHQWR KLVWyULFR HP VDOD GH DXOD QD LQWHUIDFH FRP D LPDJLQDomR
(QWHQGHQGRDDXODFRPRXPWHUUHQRGHH[SHULPHQWDomR3HUHLUD RULHQWD
VXDUHIOH[mRSDUDRHQVLQRGH+LVWyULDFRPRFDPSRSURItFXRSDUDDHODERUDomR
GHXPFRQKHFLPHQWRTXHOHYHHPFRQVLGHUDomRQmRDSHQDVRFDUiWHUH[SOLFDWLYR
GDKLVWyULDPDVWDPEpPVHXFDUiWHULPDJLQDWLYR'HVVDIRUPDDQDUUDWLYDTXH
SRGHVHUYLVWDFRPRRVXSRUWHQRTXDORSURIHVVRUFRQFHEHHGHVHQYROYHDDXOD
VHWUDQVIRUPDHPXPDPELHQWHGHFULDomRGHVORFDPHQWRHPXOWLSOLFLGDGH
6HSHQVDPRVDDXODGH+LVWyULDFRPRXPDQDUUDWLYDFDSD]GHGHVORFDUR
HVWXGDQWH RQGH R SURIHVVRU DSUHVHQWD RXWUDV UHDOLGDGHV H ID] GD DXOD XPD
YLDJHPRVUHFXUVRVSRpWLFRVSRGHPWRUQDUIpUWLORVRORGDDXOD$SURGXomRGH
VHQWLGRV QD DXOD VH HQWHQGLGD SHOD FKDYH GD FULDomR H GD LPDJLQDomR SRGH
ID]HU GD ILFomR GDV REUDV OLWHUiULDV PDLV GR TXH XPD IHUUDPHQWD PDV XP
FDPLQKRGHFRQVWUXomRGHQDUUDWLYDVP~OWLSODV2SURIHVVRUGH+LVWyULDWUD]HQGR
FRQVLJR DV HVSHFLILFLGDGHV GH VXD IRUPDomR H VXD VXEMHWLYLGDGH SRGH
H[SHULPHQWDURVHPEDWHVHQWUHD+LVWyULDHD/LWHUDWXUDQmRFRPRXPGHVDILRD
VHUVXSHUDGRPDVXPHVSDoRGHSRVVLELOLGDGHVP~OWLSODV
2 SURIHVVRU FRPR Mi HVWDEHOHFHPRV PDLV TXH XP SURILVVLRQDO TXH
SUHFLVDFXPSULUXPDVpULHGHREULJDo}HVEHPGHOLPLWDGDVpXPVXMHLWRTXHVH
UHODFLRQDRWHPSRWRGRFRPRVVXMHLWRVFRPTXHPGLYLGHDVDODGHDXOD(VVD
UHODomR GHVSHUWD LQ~PHURV VDEHUHV UHIHUrQFLDV FRQKHFLPHQWRV YLYrQFLDV H
QmRPHQRVLPSRUWDQWHH[SHULrQFLDV$DXODGH+LVWyULDQmRSRGHVHUDSHQDVXP
DPRQWRDGR GH ³FRQWH~GRV´ D UHVSHLWR GH GHWHUPLQDGR ³HYHQWR KLVWyULFR´ e
SUHFLVR WHU FODUH]D GR FRPSURPLVVR FRP R RXWUR GR FRPSURPLVVR FRP R
H[HUFtFLRGDFLGDGDQLDGRGHVORFDPHQWRGRUHVSHLWRGDKXPDQLGDGH
1R FRPSURPLVVR FRP R RXWUR p SRVVtYHO GHVSHUWDU QRYRV PRGRV GH
HQ[HUJDU DTXLOR TXH QRV p LQWHUQR H H[WHUQR H YLYHU RXWUDV H[SHULrQFLDV 2
FRQKHFLPHQWR PRELOL]DGR QD DXOD GH +LVWyULD SRGH VH WRUQDU H[SHULrQFLD QD
PHGLGDHPTXHHVVHFRQKHFLPHQWRDFRQWHFHSHODUHODomRFRPDYLGDKXPDQD
ϭϬϱ
ϭϬϲ
ϭϬϳ
5HIHUrQFLDV
$/%848(548( -Ò1,25 'XUYDO 0XQL] 5HJLPHV GH +LVWRULFLGDGH FRPR VH
DOLPHQWDU GH QDUUDWLYDV WHPSRUDLV DWUDYpV GR HQVLQR GH KLVWyULD ,Q &DUPHP
7HUHVD *DEULHO$QD 0DULD 0RQWHLUR 0DUFXV /HRQDUGR %RQILP 0DUWLQV 2UJ
1DUUDWLYDV GR 5LR GH -DQHLUR QDV DXODV GH KLVWyULD HG 5LR GH -DQHLUR
0DXDG;YS
%,1(7/DXUHQW++K+6mR3DXOR&RPSDQKLDGDV/HWUDV
%21'Ë$-RUJH/DUURVD7UHPRUHVHVFULWRVVREUHH[SHULrQFLD(GLomR%HOR
+RUL]RQWH$XWrQWLFD
%87/(5-XGLWK5HODWDUDVLPHVPRFUtWLFDGDYLROrQFLDpWLFD(GLomR%HOR
+RUL]RQWH$XWrQWLFD
&$1','2$QWRQLR2GLUHLWRjOLWHUDWXUD,QBBBBBB9iULRVHVFULWRV(GLomR
5LRGH-DQHLUR2XURVREUHD]XO
'(/25<020%(5*(5&KULVWLQH)XQGDPHQWRVHSLVWHPROyJLFRVGDSHVTXLVD
ELEOLRJUiILFDHP(GXFDomR(GXFDomRHP5HYLVWD%HOR+RUL]RQWHYQ
S
KRRNVEHOO(QVLQDQGRDWUDQVJUHGLUDHGXFDomRFRPRSUiWLFDGDOLEHUGDGH
(GLomR6mR3DXOR(GLWRUD:0)0DUWLQV)RQWHV
-$%/21.$,YDQ$KLVWyULDpXPDOLWHUDWXUDFRQWHPSRUkQHDPDQLIHVWRSHODV
FLrQFLDVVRFLDLV(GLomR%UDVtOLD(GLWRUD8QLYHUVLGDGHGH%UDVtOLD
0217(,52 $QD 0DULD )HUUHLUD GD &RVWD $ KLVWyULD HQVLQDGD DOJXPDV
FRQILJXUDo}HV GR VDEHU HVFRODU +LVWyULD (QVLQR /RQGULQD Y S
BBBBBB 3URIHVVRUHV GH KLVWyULD HQWUH VDEHUHV H SUiWLFDV 5LR GH -DQHLUR
0DXDG;
1Ï92$$QWyQLR2VSURIHVVRUHVHDVKLVWyULDVGDVXDYLGD,QBBBBBB 2UJ
9LGDVGH3URIHVVRUHV3RUWR3RUWR(GLWRUD
3(5(,5$ 1LOWRQ 0XOOHW 2 TXH SRGH D LPDJLQDomR KLVWyULFD QDV DXODV GH
+LVWyULD"&/,2 5HFLIH YS
3(7,70LFKqOH/HURPXQGRH[SHULrQFLDVGHWUDQVPLVVmRFXOWXUDOQRVGLDVGH
KRMH(GLomR6mR3DXOR(GLWRUD
6&277-RDQ:([SHULrQFLD,Q6,/9$$OFLRQH/HLWHGD5$0267kQLD5HJLQD
2OLYHLUD /$*2 0DUD &RHOKR GH 6RX]D 2UJV )DODV GH *rQHUR 7HRULDV
$QiOLVHVH/HLWXUDV)ORULDQySROLV(G0XOKHU
ϭϬϴ
7$5',) 0DXULFH 6DEHUHV GRFHQWHV H IRUPDomR SURILVVLRQDO (GLomR
3HWUySROLV5LRGH-DQHLUR9R]HV
BBBBBB6DEHUHVSURILVVLRQDLVGRVSURIHVVRUHVHFRQKHFLPHQWRVXQLYHUVLWiULRV
HOHPHQWRV SDUD XPD HSLVWHPRORJLD GD SUiWLFD SURILVVLRQDO GRV SURIHVVRUHV H
VXDV FRQVHTXrQFLDV HP UHODomR j IRUPDomR SDUD R PDJLVWpULR 5HYLVWD
%UDVLOHLUDGH(GXFDomRQS
ϭϬϵ
,17(5(66('26-29(161$+,67Ï5,$'$$0e5,&$/$7,1$
(00(,2¬3$1'(0,$
$ULDQD%HOpQ)XHQWHV
/XLV)HUQDQGR&HUUL
,QWURGXomR
1HVWH SURMHWR IRL LQYHVWLJDGR TXDO R LQWHUHVVH GRV MRYHQV QD KLVWyULD GD
$PpULFD/DWLQDHPPHLRjSDQGHPLDSRUPHLRGDDSOLFDomRGHIRUPXOiULRVSDUD
DOXQRVGR(QVLQR0pGLR)RUDPVHOHFLRQDGDVSHUJXQWDVGRIRUPXOiULRGR3URMHWR
5HVLGHQWHHDGDSWDGDVSDUDVHUHPDSOLFDGDVDHVWXGDQWHVGR(QVLQR0pGLRGH
XPD HVFROD S~EOLFD H GH SHULIHULD GHVWDFDQGR DV TXHVW}HV VREUH KLVWyULD GD
$PpULFD/DWLQDDILPGHUHDOL]DUXPFUX]DPHQWRHQWUHRLQWHUHVVHSHODKLVWyULD
GD$PpULFD/DWLQDHJrQHURTXHVW}HVSROtWLFDVHUHOLJLmR(VFROKHXVHR&ROpJLR
(VWDGXDO/LQGD6DODPXQL%DFLODSDUDDSOLFDomRGRTXHVWLRQiULRSHODIDFLOLGDGH
GHDSOLFDomRXPDYH]TXHRHVWiJLRREULJDWyULRGDDXWRUDHVWDYDRFRUUHQGROi
+RXYHGLYHUVRVHPSHFLOKRVSDUDTXHWDODSOLFDomRSXGHVVHRFRUUHUFRPRSRU
H[HPSORRDWUDVRGDYROWDSUHVHQFLDOjVDXODVXPDYH]TXHDSHVTXLVDGRUDQmR
HVWDYD UHVLGLQGR HP 3RQWD *URVVD R FDOHQGiULR DFDGrPLFR H R FDOHQGiULR
HVFRODUHVWDYDPGHVFRRUGHQDGRVDHVFRODHQWURXHPIpULDVSUREOHPDVWpFQLFRV
HQYROYHQGRFRPSXWDGRUHVHIDOWDGHLQWHUHVVHGHDOJXQVDOXQRVHPSDUWLFLSDUGD
SHVTXLVD$SHVDUGHWXGRLVVRWDPEpPpXPDUHVSRVWDVREUHFRPRDSDQGHPLD
WHPDIHWDGRRLQWHUHVVHGRVMRYHQVHIRLWUDEDOKDGRFRPRVGDGRVGR3URMHWR
5HVLGHQWH ID]HQGR XPD DQiOLVH H FUX]DPHQWRV H HP VHJXLGD FRP R
TXHVWLRQiULRTXHIRLDSOLFDGR'HDFRUGRFRP%DURP VXUJHDKLSyWHVHGH
TXH QD DXVrQFLD GH FRQKHFLPHQWRV KLVWyULFRV RX PHPyULDV TXH SRVVDP VHU
FRPSDUWLOKDGDV DV GHFLV}HV H LGHQWLILFDo}HV GRV MRYHQV HVWDULDP VRIUHQGR
LQWHUIHUrQFLD GRV FULWpULRV ORFDLVQDFLRQDLV GH PRUDOLGDGH %$520 RX
VHMDDQmRLGHQWLILFDomRGRVMRYHQVFRPRODWLQRDPHULFDQRVYLULDGDLQWHUIHUrQFLD
GR DPELHQWH H FRQWH[WR VRFLDO TXH HVWmR LQVHULGRV DOpP GD IDOWD GH
FRQKHFLPHQWR H PHPyULDV VREUH D KLVWyULD GR ³RXWUR´ R TXH HVWLPXODULD XPD
ϭϭϬ
FHUWD DYHUVmR DR TXH p HVWUDQJHLUR FRPR FRORFDP &RQFHLomR H 'LDV HP VHX
DUWLJRGH
6DEHVHTXHDLQVWLWXLomRHVFRODUHVWUXWXURXWUDGLFLRQDOPHQWHR
HQVLQR GH +LVWyULD FRP EDVH QD PDWUL] QDFLRQDOLVWD GR VpFXOR
;,; FXMR REMHWLYR HUD IRUPDU µEUDVLOHLURV¶ µDUJHQWLQRV¶ RX
µFKLOHQRV¶ SDUD D QRYD VRFLHGDGH QDFLRQDO TXHHVWDYD IRUMDQGR
RV (VWDGRV PRGHUQRV$SHVDU GH WRGDV DV PXGDQoDV VRIULGDV
SHOD GLVFLSOLQD DR ORQJR GR WHPSR R HQVLQR GH +LVWyULD
SHUPDQHFHFRPRRHVSDoRQRTXDODVVRFLHGDGHVGLVSXWDPDV
PHPyULDV SRVVtYHLV VREUH VL PHVPDV H SURMHWDP IXWXURV
FROHWLYRV3RULVVRFRQWLQXDXPJUDQGHGHVDILRSDUDDHGXFDomR
HSDUDRHQVLQRGH+LVWyULDHPSDUWLFXODURHQFDPLQKDPHQWRGH
SURSRVWDVTXHPLQLPL]HPRLVRODPHQWRFXOWXUDOHQWUHDVQDo}HV
ODWLQRDPHULFDQDV2PDLRUGHWRGRVRVGHVDILRVpDVXSHUDomR
GR GHVFRQKHFLPHQWR GRV SDtVHV HQWUH VL QD$PpULFD /DWLQD ±
GHVFRQKHFLPHQWR HVVH TXH OHYD D GLVWRUo}HV QDV KLVWyULDV
QDFLRQDLV H D SUHFRQFHLWRV H HVWHUHyWLSRV TXH UHVXOWDP QXPD
IRUPDGHLVRODPHQWRID]HQGRTXHDUHDOLGDGHODWLQRDPHULFDQD
VHMD LJQRUDGD SHOD YLVmR QDFLRQDOLVWD GD KLVWyULD GRV SDtVHV
&21&(,d2',$6S
7HQGR HP YLVWD HVVD FRQWH[WXDOL]DomR VREUH R HQVLQR GH +LVWyULD R
LVRODPHQWR FXOWXUDO HQWUH DV QDo}HV ODWLQRDPHULFDQDV SRGH LQWHUIHULU QR TXH
WDQJH DR LQWHUHVVH GRV MRYHQV SHOD KLVWyULD GD $PpULFD /DWLQD SDUWLQGR GD
KLSyWHVH GH TXH HVVH DIDVWDPHQWR VRPDGR j DYHUVmR SHOR TXH p HVWUDQJHLUR
UHVXOWDP WDPEpP QD QmRLGHQWLILFDomR FRPR ODWLQRDPHULFDQR &RPR FRORFD
&HUULHP
(P WHUPRV GH REMHWLYRV GR HQVLQR GH +LVWyULD XP GRV PDLV
FRPSOH[RV p R HQVLQR H D DSUHQGL]DJHP GD QRomR GH
KLVWRULFLGDGHRXVHMDGDHIHWLYDFRPSUHHQVmRGRSDVVDGRFRPR
XP WHPSR WmR GLVWLQWR GR QRVVR TXH VH QyV QDVFrVVHPRV H
FUHVFrVVHPRV QHOH QmR SHQVDUtDPRV FRPR SHQVDPRV (VWD
QRomR YLQFXODVH j FDSDFLGDGH GH HQWHQGHU TXH R RXWUR p H
SHQVD GLIHUHQWHPHQWH SRUTXH DV VXDV FRQGLo}HV GH YLGD GH
FXOWXUD GH YDORUHV H DVVLP SRU GLDQWH VmR VXEVWDQWLYDPHQWH
GLIHUHQWHVGDQRVVD$FRQVHTXrQFLDSROtWLFDGDDSUHQGL]DJHPH
GDYLYrQFLDGDKLVWRULFLGDGHpDWROHUkQFLDSRLVXPDYH]TXHVH
HQWHQGHTXHRVRXWURVVmRGLIHUHQWHVSRUVXDWUDMHWyULDGLYHUVD
FRPR SHVVRD QR WHPSR H QR HVSDoR QmR VH HQWHQGH PDLV j
GLIHUHQoD FRPR UHVXOWDGR GD IDOWD H QHP D SUySULD FRQGLomR
FRPR XPD HVSpFLH GH SOHQLWXGH TXH VH HVSHUD TXH RV RXWURV
DOFDQFHPHPDOJXPPRPHQWR &(55,S
0DWHULDOHPpWRGRV
$ IRQWH SULPiULD GHVWH HVWXGR IRUDP RV GDGRV GR 3URMHWR 5HVLGHQWH GH
H DV UHVSRVWDV DR IRUPXOiULR TXH IRL DSOLFDGR DRV HVWXGDQWHV GR (QVLQR
0pGLR GH XP FROpJLR GD FLGDGH GH 3RQWD *URVVD IRUPXOiULR HVWH TXH IRL
ϭϭϭ
ϭϭϮ
HVFROKLGR SDUD DSOLFDomR GR IRUPXOiULR HUD WDPEpP R GLD GRV HQVDLRV SDUD D
IHVWD MXQLQD GD HVFROD 2V YROXQWiULRV VHQWDUDPVH QD VDOD GH LQIRUPiWLFD GR
FROpJLRRQGHHVWDYDDEHUWRRIRUPXOiULRHGHIRUPDURWDWLYDIRUDPUHVSRQGHQGR
jV TXHVW}HV $SyV R OHYDQWDPHQWR GDV UHVSRVWDV LQLFLRXVH R SURFHVVR GH
DQiOLVHGRVGDGRVFROHWDGRVXPDYH]TXHMiKDYLDVLGRIHLWDDDQiOLVHGRVGDGRV
GR 3URMHWR 5HVLGHQWH HP UHODomR DR LQWHUHVVH QD KLVWyULD GD$PpULFD /DWLQD
%LWWHQFRXUWFRORFDFRPRREMHWLYRVGRHQVLQRGDKLVWyULDGD$PpULFD
2VREMHWLYRVGRHQVLQRGDKLVWyULDGD$PpULFDVmRQDSHUVSHFWLYD
GD+LVWyULDLQWHJUDGDRVPHVPRVGRHQVLQRGHKLVWyULDHPJHUDO
HVHLQVHUHPQDFRQWULEXLomRGDKLVWyULDSDUDDFRQVWLWXLomRGH
LGHQWLGDGHVHQmRPDLVH[FOXVLYDPHQWHQDLGHQWLGDGHQDFLRQDO
$KLVWyULDVRFLDOHFXOWXUDOTXHVHUYHGHDSRLRDHVVDQRYDIDVH
GR HQVLQR HVFRODU SRVVLELOLWD SUREOHPDWL]DU DV LGHQWLGDGHV
P~OWLSODV 3DUD DOpP GD LGHQWLGDGH QDFLRQDO H[LVWH XPD
SUHRFXSDomR HP LGHQWLILFDU R VHQWLGR PDLV DPSOR GRV
SHUWHQFLPHQWRVVHMDPGHFODVVHpWQLFRVGHJrQHURUHOLJLRVRV
DVVLPFRPRUHJLRQDLV %,77(1&2857S
1HVVD SHUVSHFWLYD H[LVWH JUDQGH LPSRUWkQFLD HP FRPSUHHQGHU H
SUREOHPDWL]DULGHQWLGDGHVP~OWLSODVTXHYmRDOpPGDLGHQWLGDGHQDFLRQDOVHQGR
DVVLPIRUDPVHOHFLRQDGDVGXDVTXHVW}HVVREUHRLQWHUHVVHVREUHDKLVWyULDGR
%UDVLOHWDPEpPGHRXWURVSDtVHVGD$PpULFD/DWLQD
$ VHJXLU RV UHVXOWDGRV GH GXDV TXHVW}HV GD SHUJXQWD VREUH R
LQWHUHVVHGRVDOXQRVSHODKLVWyULDGR%UDVLOSHUFHEHVHTXHQRTXHVWLRQiULRGH
R LQWHUHVVH VREUH D KLVWyULD GR %UDVLO FRQFHQWUDVH HP PDLRU SDUWH QR
³,QWHUHVVHJUDQGH´ VHQGRDSUR[LPDGDPHQWHMiUHVSRQGHXTXHQmR
SRVVXLQHQKXPLQWHUHVVH 2Q~PHURUHSUHVHQWDDSRUFHQWDJHPGHDOXQRV
TXHRSWDUDPSRUQmRUHVSRQGHUDTXHVWmR(DSUR[LPDGDPHQWHUHVSRQGHX
TXHSRVVXLLQWHUHVVHPpGLR 6REUHD+LVWyULDGHRXWURVSDtVHVGD$PpULFD
/DWLQDQRWDVHTXHGRVDOXQRVUHVSRQGHUDPTXHSRVVXHPLQWHUHVVHPpGLR
DSUR[LPDGDPHQWHSRVVXLSRXFRLQWHUHVVHDSUR[LPDGDPHQWHQmR
SRVVXLLQWHUHVVHJUDQGHLQWHUHVVHHPHQRVGHVHLQWHUHVVDPXLWR2X
VHMD GH WRGRV RV UHVSRQGHQWHV GR TXHVWLRQiULR GH DSHQDV WrP
JUDQGHLQWHUHVVHSHODKLVWyULDGHRXWURVSDtVHVGD$PpULFD/DWLQD
ϭϭϯ
)LJXUD'DGRVGDDPRVWUDGH7RWDOGHUHVSRQGHQWHV
)RQWH/HYDQWDPHQWRGHGDGRVGDSHVTXLVDGH,&GD$XWRUD2UJDQL]DomRGD$XWRUD
)LJXUD'DGRVGDDPRVWUDGH7RWDOGHUHVSRQGHQWHV
)RQWH/HYDQWDPHQWRGHGDGRVGDSHVTXLVDGH,&GD$XWRUD2UJDQL]DomRGD$XWRUD
1R FDVR GR TXHVWLRQiULR DSOLFDGR HP ILFD FRPSUHHQVtYHO TXH
FRPSDUDQGRDVUHVSRVWDVjVGXDVTXHVW}HVRLQWHUHVVHSHODKLVWyULDGR%UDVLO
SUHYDOHFHHPUHODomRjKLVWyULDGHRXWURVSDtVHVGD$PpULFD/DWLQD1RWDVHTXH
QR TXHVWLRQiULR GH DSUR[LPDGDPHQWH SRVVXL LQWHUHVVH PpGLR SHOD
ϭϭϰ
KLVWyULDGHRXWURVSDtVHVGD$PpULFD/DWLQDDSUR[LPDGDPHQWHQmRSRVVXL
QHQKXP LQWHUHVVH SRXFR LQWHUHVVH DSUR[LPDGDPHQWH SRVVXL
LQWHUHVVH JUDQGH H DSHQDV DSUR[LPDGDPHQWH SRVVXL LQWHUHVVH WRWDO 'H
DFRUGR FRP /pLD 6DQWLDJR R FRQKHFLPHQWR HVFRODU p JHUDO H IRUPDWLYR QmR
GHSHQGH VRPHQWH GR SURIHVVRU PDV UHVYDOD QDV TXHVW}HV FXUULFXODUHV QDV
DERUGDJHQV WHyULFDV GD FLrQFLD QR PHUFDGR HGLWRULDO PtGLDV HP JHUDO H QD
FXOWXUD 6$17,$*2 6HQGRDVVLPRLQWHUHVVHRXGHVLQWHUHVVHGRDOXQR
SRUGHWHUPLQDGDPDWpULDSRGHVHUPROGDGRSRUGLYHUVDVTXHVW}HVFRPRQRFDVR
GRTXHVWLRQiULRGHTXHIRLDSOLFDGRHPPHLRjSDQGHPLDHRGHTXH
VHGHXHPXPFRQWH[WRRQGHQmRH[LVWLDSUHRFXSDomRFRPSDQGHPLD2VGDGRV
GRSURMHWRGHWRWDOL]DPUHVSRVWDVSRUpPRVGDGRVIRUDPGLYLGLGRV
QR 6RIWZDUH 6366 IRUDP VHOHFLRQDGRV DSHQDV FDVRV GD FLGDGH GH 3RQWD
*URVVDHGHHVFRODS~EOLFDDVVLPWRWDOL]DQGRUHVSRVWDV
)LJXUD$PRVWUDGH7RWDOGHUHVSRQGHQWHV
)RQWH'DGRVGR3URMHWR5HVLGHQWHRUJDQL]DGRVSHODDXWRUD
&RPRFRORFDP&RQFHLomRH9HQHUDDSHVDUGHWRGDVDVPXGDQoDVTXHD
GLVFLSOLQD VRIUHX DR ORQJR GRV VpFXORV R HQVLQR GH +LVWyULD SHUPDQHFH FRPR
HVSDoRGHGLVSXWDQDFRQVWUXomRGHPHPyULDVHIRUPDomRGHLGHQWLGDGHVQmR
ϭϭϱ
PDLVQHFHVVDULDPHQWHQDFLRQDOLVWDVPDVTXDLVLGHQWLGDGHVVmRSULYLOHJLDGDV"
&21&(,d29(1(5$S
5HDOL]RXVH XPD GHVDJUHJDomR GDV UHVSRVWDV GR TXHVWLRQiULR GH
SHORVH[RGRVDOXQRVFRQVLGHUDQGRDTXHVWmRTXHDERUGDVREUHRLQWHUHVVH
QDKLVWyULDGHRXWURVSDtVHVeSRVVtYHOSHUFHEHUTXHKRXYHUHVSRVWDVGDV
TXDLV HUDP GR VH[R IHPLQLQR H GR VH[R PDVFXOLQR GDV UHVSRVWDV
VREUHQmRWHUQHQKXPLQWHUHVVHSHODKLVWyULDGHRXWURVSDtVHVGD$PpULFD/DWLQD
VmRGRVH[RPDVFXOLQRHGRVH[RIHPLQLQRVREUHWHUSRXFRLQWHUHVVH
VmR GR VH[R PDVFXOLQR H GR VH[R IHPLQLQR LQWHUHVVH PpGLR FRQWD FRP
UHVSRVWDV GR VH[R PDVFXOLQR H GR VH[R IHPLQLQR LQWHUHVVH JUDQGH
UHVSRVWDVGRVH[RPDVFXOLQRHGRVH[RIHPLQLQRHLQWHUHVVHWRWDOGRVH[R
PDVFXOLQRHGRVH[RIHPLQLQRQRLQWHUHVVHWRWDODGLIHUHQoDDSHQDVpGH
UHVSRVWD 3DUWLQGR GD KLSyWHVH GH TXH D FRQGLomR GH JrQHUR p LQIOXHQWH QR
LQWHUHVVHSHOD+LVWyULDGD$PpULFD/DWLQDQRWDVHTXHRLQWHUHVVHGDVSHVVRDV
GR VH[R IHPLQLQR p SURSRUFLRQDOPHQWH PDLRU TXH R GDV SHVVRDV GR VH[R
PDVFXOLQR
)LJXUD$PRVWUDGH7RWDOGHUHVSRQGHQWHV
)RQWH'DGRVGR3URMHWR5HVLGHQWHRUJDQL]DGRVSHODDXWRUD
1R FUX]DPHQWR GDV UHVSRVWDV GD PHVPD TXHVWmR VREUH D KLVWyULD GH
RXWURVSDtVHVGD$PpULFD/DWLQDFRPRLQWHUHVVHGRVUHVSRQGHQWHVSHODSROtWLFD
SHUFHEHVH TXH DSHQDV GDV UHVSRVWDV TXH SRVVXHP LQWHUHVVH JUDQGH SRU
SROtWLFD VH LQWHUHVVDP WRWDOPHQWH SHOD KLVWyULD GH RXWURV SDtVHV GD $PpULFD
/DWLQDHQTXDQWRGRVTXHQmRWHPQHQKXPLQWHUHVVHSRUSROtWLFDVHLQWHUHVVDP
WRWDOPHQWHSHODKLVWyULDGHRXWURVSDtVHVGD$PpULFD/DWLQD2PDLRUQ~PHURGH
UHVSRVWDVHVWiFRQFHQWUDGRQRLQWHUHVVHPpGLRGDVUHVSRVWDVTXHSRVVXHP
ϭϭϲ
LQWHUHVVHPpGLRSRUSROtWLFDSRVVXHPLQWHUHVVHPpGLRSHOD+LVWyULDGD$PpULFD
/DWLQD3DUWLQGRGDKLSyWHVHGHTXHTXDQWRPDLRURLQWHUHVVHHPSROtWLFDPDLRU
VHULDRLQWHUHVVHSHODKLVWyULDGD$PpULFD/DWLQDSHUFHEHVHTXHDPDLRULDTXH
QmRSRVVXLQHQKXPLQWHUHVVHHPSROtWLFDWDPEpPQmRSRVVXLQHQKXPLQWHUHVVH
SHOD KLVWyULD GD $PpULFD /DWLQD Mi QD DPRVWUD DEDL[R SHUFHEHVH TXH TXHP
SRVVXLLQWHUHVVHWRWDORXPXLWRJUDQGHSRUSROtWLFDRXSRVVXLLQWHUHVVHWRWDOSHOD
KLVWyULDGD$PpULFD/DWLQDRXSRXFRXPDYH]TXHH[LVWHPRPHVPRQ~PHURGH
UHVSRVWDVSDUDDVGXDVRSo}HV
)LJXUD$PRVWUDGH7RWDOGHUHVSRQGHQWHV
)RQWH'DGRVGR3URMHWR5HVLGHQWHRUJDQL]DGRVSHODDXWRUD
4XDQWR j UHOLJLmR IRL UHDOL]DGR XP FUX]DPHQWR HQWUH D LPSRUWkQFLD GD
UHOLJLmRHRLQWHUHVVHSHODKLVWyULDGHRXWURVSDtVHVGD$PpULFD/DWLQDRQGHp
SRVVtYHOSHUFHEHUTXHGDVUHVSRVWDVGHSHVVRDVTXHFRQVLGHUDPDUHOLJLmR
PXLWRLPSRUWDQWHUHVSRQGHUDPWDPEpPTXHSRVVXHPWRWDOLQWHUHVVHSHODKLVWyULD
GHRXWURVSDtVHVGD$PpULFD/DWLQDMiGDVUHVSRVWDVTXHSRVVXHPLQWHUHVVH
PpGLR SHOD KLVWyULD GH RXWURV SDtVHV GD $PpULFD /DWLQD UHVSRQGHUDP TXH D
UHOLJLmR p LPSRUWDQWH 'D PHVPD IRUPD SDUWLQGR GD KLSyWHVH GH TXH TXDQWR
PDLRUDLPSRUWkQFLDGDUHOLJLmRPDLRUVHULDRLQWHUHVVHSHODKLVWyULDGD$PpULFD
/DWLQDSHUFHEHVHQDWDEHODDEDL[RTXHWDQWRTXHPFRQVLGHUDDUHOLJLmRPXLWR
LPSRUWDQWH TXDQWR TXHP FRQVLGHUD DSHQDV LPSRUWDQWH HP PDLRULD SRVVXL XP
LQWHUHVVHPpGLRSHODKLVWyULDGD$PpULFD/DWLQDRLQWHUHVVHWRWDOSHODKLVWyULDGD
$PpULFD /DWLQD WDPEpP VH UHODFLRQD FRP TXHP UHVSRQGHX TXH D UHOLJLmR p
LPSRUWDQWHRXPXLWRLPSRUWDQWHQHVVHFDVRFRPSURYDQGRVHJXQGRDDPRVWUD
TXHTXDQWRPDLRUDLPSRUWkQFLDGDUHOLJLmRPDLRURLQWHUHVVHSHOD+LVWyULDGD
ϭϭϳ
$PpULFD/DWLQD
)LJXUD$PRVWUDGH7RWDOGHUHVSRQGHQWHV
)RQWH'DGRVGR3URMHWR5HVLGHQWHRUJDQL]DGRVSHODDXWRUD
3HUFHEHVHTXHWDQWRQRTXHVWLRQiULRGHTXDQWRQRVJUiILFRVGDV
UHVSRVWDVDPDLRULDGRVUHVSRQGHQWHV DSUR[LPDGDPHQWH SRVVXLLQWHUHVVH
PpGLR QD KLVWyULD GH RXWURV SDtVHV GD $PpULFD /DWLQD -i QR TXHVWLRQiULR
DSOLFDGRHPWDPEpPDSUR[LPDGDPHQWHGRVUHVSRQGHQWHVSRVVXHP
LQWHUHVVH PpGLR (P DPERV RV FDVRV R LQWHUHVVH PpGLR SUHYDOHFHX H R
LQWHUHVVHWRWDOQRTXHVWLRQiULRGHHVWiHPDSHQDVGRVUHVSRQGHQWHV
H QR TXHVWLRQiULR GH PHQRV GH 1mR p SRVVtYHO UHDOL]DU XPD
FRPSDUDomRGLUHWDHQWUHRVUHVXOWDGRVGRTXHVWLRQiULRGHHRTXHVWLRQiULR
GHXPDYH]TXHIRUDPDSOLFDGRVHPFRQWH[WRVGLIHUHQWHVRVHJXQGRHP
PHLR j SDQGHPLD SyVHQVLQR UHPRWR PDV SRGH VH FRPSUHHQGHU FRPR VH
GHUDP DV UHVSRVWDV HP GLIHUHQWHV DQRV $LQGD HP R LQWHUHVVH GRV
SDUWLFLSDQWHV SHOD KLVWyULD GH RXWURV SDtVHV GD $PpULFD /DWLQD p PHQRU HP
UHODomR DR LQWHUHVVH QD KLVWyULD GR %UDVLO R TXH YDOLGD D TXHVWmR VREUH TXDLV
LGHQWLGDGHV HVWmR VHQGR SULYLOHJLDGDV QR (QVLQR GH +LVWyULD XPD YH] TXH R
%UDVLOID]SDUWHGD$PpULFD/DWLQD
&RQFOXVmR
3RGHVH LGHQWLILFDU TXH R LQWHUHVVH GRV MRYHQV HQWUH H DQRV TXH
SDUWLFLSDUDP GRTXHVWLRQiULRQDKLVWyULDGD$PpULFD/DWLQDHPPHLRjSDQGHPLD
QmR p H[DWDPHQWH DOWR (P UHODomR DR WRWDO GDV UHVSRVWDV DSHQDV
DSUR[LPDGDPHQWHUHVSRQGHUDPTXHSRVVXHPWRWDOLQWHUHVVHQDKLVWyULDGH
RXWURVSDtVHVGD$PpULFD/DWLQD&RPRFRORFD%LWWHQFRXUW $+LVWyULDGD
ϭϭϴ
$PpULFDDRVHUGDGDVHSDUDGDPHQWH GD+LVWyULDGR%UDVLOQmRSRVVLELOLWDXP
HVWXGRVLQFU{QLFRHSRUWDQWRGHGLItFLOHQWHQGLPHQWRGDLQVHUomRGR%UDVLOHP
XPDKLVWyULDDPHULFDQD %,77(1&2857 'HVVDIRUPDFRPRFRORFDGR
QRJUiILFRDPDLRULDSRVVXLJUDQGHLQWHUHVVHSHOD+LVWyULDGR%UDVLOHQTXDQWR
SHOD +LVWyULD GD $PpULFD /DWLQD D PDLRULD SRVVXL XP LQWHUHVVH PpGLR QHXWUR
3DUWLQGRGDVKLSyWHVHVGHTXHTXDQWRPDLRURLQWHUHVVHSRUSROtWLFDRXPDLRUD
LPSRUWkQFLDGDUHOLJLmRSDUDRLQGLYtGXRPDLRUVHULDRLQWHUHVVHSHODKLVWyULDGD
$PpULFD/DWLQDDVDPRVWUDVGRSURMHWRUHVLGHQWHGHDSUHVHQWDPTXHHVVD
UHODomRHVWiFRUUHWDXPDYH]TXHDVUHVSRVWDVTXHDILUPDUDPWHULQWHUHVVHQD
KLVWyULD GD $PpULFD /DWLQD VmR SURSRUFLRQDLV DR LQWHUHVVH SRU SROtWLFD RX
LPSRUWkQFLDGDUHOLJLmR
(P PHLR jV GLILFXOGDGHV HQFRQWUDGDV DR UHDOL]DU HVWH SURMHWR GHVGH
R FHQiULR SDQGrPLFRRDWUDVRDRUHWRUQR SUHVHQFLDOSUREOHPDVFRPRVRIWZDUH
XWLOL]DGRDWpDGLILFXOGDGHGHDSOLFDomRGRTXHVWLRQiULRQRDPELHQWHHVFRODUIRL
SRVVtYHO UHDOL]DU R SURSRVWR H FRQFOXLU TXH DLQGD H[LVWH XPD GLILFXOGDGH QR
LQWHUHVVH QD KLVWyULD GD $PpULFD /DWLQD XPD YH] TXH p HVWXGDGD GH IRUPD
VHSDUDGDjKLVWyULDGR%UDVLORTXHFDXVDXPDGLILFXOGDGHGHDVVRFLDomRGHTXH
R%UDVLOSDUWLFLSDGD $PpULFD /DWLQD TXH GHVHQFDGHLD QR SRXFR LQWHUHVVHHP
RXWUDV KLVWyULDV TXH YmR DOpP GDKLVWyULDGR%UDVLO
5HIHUrQFLDV
%$520:&&LGHQWLGDGHODWLQRDPHULFDQDHLGHRORJLDQHROLEHUDO,Q
&(55,/) RUJ -RYHQVHD+LVWyULD%UDVLOH$PpULFDGR6XO3RQWD*URVVD
(GLWRUDGD8(3*S
%,77(1&2857&LUFH0DULD)HUQDQGHV(QVLQRGH+LVWyULDGD$PpULFD
UHIOH[}HVVREUHSUREOHPDVGHLGHQWLGDGHV5HYLVWD(OHWU{QLFDGD$QSKODFQ
S
&(55,/)2TXHWRGRHVWXGDQWHGHKLVWyULDJRVWDULDTXHVHXSURIHVVRU
VRXEHVVHPDVWLQKDPHGRGHGL]HU,Q&(55,/) RUJ -RYHQVHD+LVWyULD
%UDVLOH$PpULFDGR6XO3RQWD*URVVD(GLWRUDGD8(3*S
&21&(,d2-XOLDQD3LURODGD',$60DULDGH)iWLPD6DELQR(QVLQRGH
KLVWyULDHFRQVFLrQFLDKLVWyULFDODWLQRDPHULFDQD5HYLVWD%UDVLOHLUDGH
+LVWyULDYQS
6$17,$*2/e,$$'5,$1$'$6,/9$$$PpULFD/DWLQDQDVSURSRVWDV
ϭϭϵ
FXUULFXODUHVGR%UDVLOHGD$UJHQWLQD;;9,,6LPSyVLR1DFLRQDOGH+LVWyULD
6$17,$*2/$6-RYHQVLGHQWLGDGHHFRQVFLrQFLDGDLQWHJUDomR
ODWLQRDPHULFDQD,Q&(55,/) RUJ -RYHQVHD+LVWyULD%UDVLOH$PpULFDGR
6XO3RQWD*URVVD(GLWRUDGD8(3*S
9(1(5$5DTXHO $/6 '$ &21&(,d2 -XOLDQD 3LUROD 7(16®(6
&855,&8/$5(6 (1$55$7,9$6RHQVLQRGH+LVWyULDGD$PpULFD/DWLQD
+,6725<7($&+,1*FXUULFXODUSROLFLHVVFKRROFXOWXUHNQRZOHGJHDQG
WHDFKLQJSUDFWLFHV5HYLVWD7HPSRH$UJXPHQWRYQS
ϭϮϬ
(16,12'(+,67Ï5,$1$('8&$d2'(-29(16($'8/726
(;3(5,Ç1&,$6'2&(17(6',6&(17(612(67È*,2
683(59,6,21$'2'2&8562'(/,&(1&,$785$(0
+,67Ï5,$'$8)3%
'DQLHOOH&DPHOR
&RQWH[WXDOL]DQGR«
$SHVTXLVDDSUHVHQWDGDQR;,,,(QFRQWUR1DFLRQDOGH3HVTXLVDGRUHVGR
(QVLQR GH +LVWyULD FRQILJXUDVH FRPR UHFRUWH GH XPD LQYHVWLJDomR GH PDLRU
DPSOLWXGHVREUHSUiWLFDVGRQRHQVLQRGH+LVWyULDGHVHQYROYLGDVSRUGRFHQWHV
GHHVFRODVS~EOLFDVGRHVWDGRGD3DUDtEDQRFRQWH[WRGDSDQGHPLDGH&RYLG
(QWUH RV DQRV GH H YLYHQFLDPRV PXGDQoDV VLJQLILFDWLYDV QR
FDPSRGD(GXFDomRTXHDWLQJLUDPGHQWUHRXWURVDVSHFWRVDSUiWLFDGHHQVLQR
6HQGR DVVLP TXHVWLRQDPRV TXDLV HVWUDWpJLDV H UHFXUVRV GLGiWLFRV
DSUHVHQWDUDPPDLRUSULYLOpJLRQDVDXODVGH+LVWyULDDSDUWLUGDVXVSHQVmRGDV
DWLYLGDGHVHVFRODUHVSUHVHQFLDLV"(PRXWURVWHUPRVTXDORFHQiULRGRHQVLQR
GH+LVWyULDQRFRQWH[WRSDQGrPLFR"
$VUHVSRVWDVSDUDWDLVSHUJXQWDVHVWmRHPSURFHVVRGHFRQVWUXomRWHQGR
HP YLVWD D FRPSOH[LGDGH GR WHPD DOpP GD TXDQWLGDGH GH IRQWHV H GDGRV
GLVSRQtYHLV SDUD D FRQWLQXLGDGH GR WUDEDOKR 7RGDYLD FRP R DQGDPHQWR GD
SHVTXLVDpSRVVtYHOFRPSDUWLOKDUQRWH[WRRUDDSUHVHQWDGRDOJXQVUHVXOWDGRV
UHIHUHQWHVDRHQVLQRGH+LVWyULDQDPRGDOLGDGH(GXFDomRGH-RYHQVH$GXOWRV
(-$
2 LQWHUHVVH SRU GLVFXWLU R (QVLQR GH +LVWyULD QD (-$ GHFRUUH GH QRVVD
H[SHULrQFLD HQTXDQWR GRFHQWH GR FRPSRQHQWH FXUULFXODU Estágio Docente
Supervisionado QRFXUVRGH/LFHQFLDWXUDHP+LVWyULDGD8QLYHUVLGDGH)HGHUDO
GD3DUDtED'HDFRUGRFRPDPDWUL]FXUULFXODUGRUHIHULGRFXUVRQRSHUtRGRHP
TXH RV GDGRV IRUDP FROHWDGRV RV HVWiJLRV VXSHUYLVLRQDGRV VmR RIHUWDGRV D
SDUWLU GD VHJXQGD PHWDGH GR FXUVR H GLVWULEXtGRV HP WUrV FRPSRQHQWHV
'RXWRUD HP (GXFDomR 'RFHQWH GD 8QLYHUVLGDGH )HGHUDO GD 3DUDtED (PDLO
SURIGDQLHOOHFDPHOR#JPDLOFRP
ϭϮϭ
$VSHFWRV WHyULFRHSLVWHPROyJLFRV GD (-$ VHUmR PHOKRU GLVFXWLGRV QD VHomR VHJXLQWH GHVWH
WH[WR
ϭϮϮ
$YLYrQFLDGRVHVWiJLRVGHGRFrQFLDQD(-$DJUHJDGDjQHFHVVLGDGHH
XUJrQFLDGHDERUGDUPRVDHGXFDomRSRSXODUHPFXUVRVGHOLFHQFLDWXUDOHYDQRV
DUHIOHWLUVREUHDVHVSHFLILFLGDGHVGRHQVLQRGH+LVWyULDQD(GXFDomRGH-RYHQV
H$GXOWRV$VTXHVW}HVUHIHUHQWHVjWHPiWLFDWRUQDUDPVHPDLVDJXoDGDVGLDQWH
GRFHQiULRHGXFDFLRQDOGHVHQKDGRSHODSDQGHPLDGH&RYLGQRTXDOVHJXQGR
SHVTXLVDGLYXOJDGDSHOR,QHSHPPDLVGHGDVHVFRODVGHVWLQDGDVj
(-$WUDEDOKDUDPGHPDQHLUDUHPRWDHRXKtEULGDGXUDQWHWRGRDQROHWLYRGH
(P IDFH GH WDLV DVSHFWRV WUD]HPRV FRPR REMHWLYR FHQWUDO GHVWD
LQYHVWLJDomR DQDOLVDU FDWHJRULDV GR FDPSR GR (QVLQR GH +LVWyULD D SDUWLU GD
SUiWLFDGRFHQWHGHSURIHVVRUHVDVGH+LVWyULDDWXDQWHVQD(GXFDomRGH-RYHQV
H$GXOWRV
2VGDGRVIRUDPREWLGRVSHORSURFHGLPHQWRGDDQiOLVHGRFXPHQWDORQGH
DQDOLVDPRVWUrVUHODWyULRVILQDLVGHHVWiJLRFRUUHVSRQGHQWHVDRVHPHVWUHOHWLYR
GH2VUHODWyULRVWUDWDPGDREVHUYDomRSRUSDUWHGRVDVOLFHQFLDGRVDV
GH DXODV GH +LVWyULD PLQLVWUDGDV SRU GRFHQWHV UHVSRQViYHLV SHOR HQVLQR GH
+LVWyULDHPWXUPDVGH(-$ FLFORV9H9, GHHVFRODVGDUHGHHVWDGXDOGD3DUDtED
WRGDVFLUFXQVFULWDVQRPXQLFtSLRGH-RmR3HVVRD
&RPR GLWR LQLFLDOPHQWH D SHVTXLVD DLQGD HQFRQWUDVH HP DQGDPHQWR
6DEHPRV TXH RV WUrV UHODWyULRV DQDOLVDGRV QmR UHSUHVHQWDP D WRWDOLGDGH GDV
SUiWLFDVGRHVWDGRGD3DUDtEDQHPVmRVXILFLHQWHVSDUDDGHILQLomRGRFHQiULR
UHIHUHQWHj(-$GXUDQWHDSDQGHPLD7RGDYLDDILUPDPRVTXHRVGDGRVRULXQGRV
GRVPDWHULDLVVmRUHOHYDQWHVSDUDGDUPRVLQtFLRDGLVFXVV}HVVLJQLILFDWLYDVQR
FDPSRGR(QVLQRGH+LVWyULDVREUHWXGRQRSUHVHQWHPRPHQWRHPTXHDWXDPRV
SDUD UH HVWUXWXUDUPRV D HGXFDomR EUDVLOHLUD DSyV DQRV GH SDQGHPLD H
GHVPRQWHSRUSDUWHGRJRYHUQRIHGHUDOTXHILQGRXVXDJHVWmRHP
2V UHODWyULRV IRUDP DQDOLVDGRV FRP EDVH QD WpFQLFD GD $QiOLVH GH
ϭϮϯ
HVREUHR(QVLQRGH+LVWyULD6HQGRDVVLPDSyVHVWDVHomRLQWURGXWyULDRDUWLJR
DSUHVHQWDUi FRQVLGHUDo}HV VREUH D (-$ QR %UDVLO 1D VHTXrQFLD GLVFXWLUi
TXHVW}HVUHIHUHQWHVjVHVSHFLILFLGDGHVGRHQVLQRGH+LVWyULDQD(-$$SyVRV
tWHQV GH IXQGDPHQWDomR WHyULFD DSUHVHQWDUHPRV RV GDGRV DSRQWDGRV SHORV
UHODWyULRVSDUDSRUILPWHFHUPRVQRVVDV~OWLPDVFRQVLGHUDo}HV
&RQVLGHUDo}HVVREUHD(GXFDomRGH-RYHQVH$GXOWRVQR%UDVLO
$V SUiWLFDV GH HQVLQR LQVWLWXFLRQDOL]DGDV SDUD HGXFDomR GH DGXOWRV QR
%UDVLO UHPRQWD DR SHUtRGR GH FRORQL]DomR TXDQGR RV MHVXtWDV FULDUDP DV
SULPHLUDVHVFRODVFXMRREMHWLYRSULPHLURHUDDFDWHTXL]DomRHRHQVLQRGDOtQJXD
SRUWXJXHVD DRV SRYRV QDWLYRV &RP R GHFRUUHU GDV PXGDQoDV SROtWLFDV
VREUHWXGR FRP D FKHJDGD GD IDPtOLD UHDO HP KRXYH XP DXPHQWR GD
QHFHVVLGDGH GH IRUPDomR GH WUDEDOKDGRUHV SDUD VHUYLUHP jV H[LJrQFLDV GD
DULVWRFUDFLDOXVREUDVLOHLUD$HVFRODUL]DomRGHDGXOWRVIRLFRQVLGHUDGDXPFULWpULR
LPSRUWDQWHSDUDDTXDOLILFDomRGDPmRGHREUD
6HJXQGR)ULHGULFKet. al.DLQGDQRVpFXOR;,;D³/HL6DUDLYD´TXHLQVWLWXLX
DUHIRUPDHOHLWRUDOQR%UDVLOSHODTXDOSHVVRDVDQDOIDEHWDVQmRWHULDPGLUHLWRDR
YRWR IRL UHVSRQViYHO SRU DEULU SRUWDV SDUD R GHEDWH H FRQVWUXomR GH SROtWLFDV
YROWDGDVjHGXFDomRGHDGXOWRV'HDFRUGRFRPRVDXWRUHV³RDQDOIDEHWLVPR
HQWmRHVWDYDDVVRFLDGRjLQFDSDFLGDGHHjLQDELOLGDGHVRFLDO$H[SXOVmRGRV
MHVXtWDV QR VpFXOR ;9,,, GHVHVWUXWXURX R HQVLQR GH DGXOWRV QHVWH SURSyVLWR
GLVFXVVmRHVWDTXHIRLUHWRPDGDQR,PSpULR´ )5,('5,&+et. al., S
'XUDQWHR,PSpULRHRVDQRVGR SHUtRGRUHSXEOLFDQRR%UDVLOYLYHQFLRX
LPSOHPHQWDo}HVGHSROtWLFDVYROWDGDVjHVFRODUL]DomRGHDGXOWRV$VGLVFXVV}HV
RVFLODYDPRUDHQWUHDSHUVSHFWLYDGRDF~PXORGHLQVWUXo}HVSDUDRPHUFDGRGH
WUDEDOKR RUD HQWUH D SHUVSHFWLYD GH TXH D HGXFDomR VHULD R FDPLQKR D VHU
VHJXLGRSDUDFXUDUDVPD]HODVHFRQ{PLFDVHVRFLDLVGRSDtV
1HVVDORQJDWUDMHWyULDKLVWyULFDSRGHPRVGHVWDFDUR3ODQR1DFLRQDOGH
(GXFDomRLQVWLWXtGRQD&RQVWLWXLomRGHDUHDOL]DomRGR&RQJUHVVRGH
(GXFDomRGH$GXOWRV HP EHPFRPRDVDo}HVGHGLYHUVRVJUXSRVHQWUH
RVDQRVGHHFRPRR0RYLPHQWRGH&XOWXUD3RSXODU 0&3LGHDOL]DGR
SRU3DXOR)UHLUH D&DPSDQKDGH(GXFDomR3RSXODUGD3DUDtEDR0RYLPHQWR
ϭϮϰ
GH (GXFDomR GH %DVH 0(% UHDOL]DGR FRP SDUFHULD HQWUH D &RQIHUrQFLD
1DFLRQDO GH %LVSRV GR %UDVLO H R *RYHUQR )HGHUDO H D H[SHULrQFLD GH
DOIDEHWL]DomRGHDGXOWRVHPKRUDVQDFLGDGHGH$QJLFRV 51 DSDUWLUGDV
SUiWLFDVHGXFDWLYDVLGHDOL]DGDVSRU3DXOR)UHLUH
2VPRYLPHQWRVFLWDGRVDFLPDWUD]HPFRQFHSo}HVYDOLRVDVDQRVVRYHU
VREUHDHGXFDomRGHMRYHQVHDGXOWRVSRLVVHIXQGDPHQWDQDFRPSUHHQVmRGH
TXH HGXFDU MRYHQV DGXOWRV H LGRVRV VLJQLILFD SHQVDU D HGXFDomR SRSXODU GR
%UDVLO1HVVHVHQWLGRHQWHQGHPRVD(-$QmRFRPRXPDPHUDPRGDOLGDGHGH
HQVLQR TXH SUHWHQGH DOLJHLUDU D HVFRODUL]DomR GH VXMHLWRV TXH QmR SXGHUDP
FRQFOXLU VHXV HVWXGRV QD HGXFDomR EiVLFD QR WHPSR UHJXODU$ H[LVWrQFLD GH
SHVVRDVTXHDEDQGRQDUDPDHVFRODRXQmRWLYHUDPDFHVVRDHODpRUHWUDWRGDV
QRVVDVGHVLJXDOGDGHVVRFLDLVHFRQ{PLFDVpWQLFRUDFLDLVGHQWUHWDQWDVRXWUDV
7DOFRPSUHHQVmRIRLIRUMDGDFRPEDVHQRVFRQVWUXFWRVGH3DXOR)UHLUH
$R UHDOL]DU R SURMHWR GH DOIDEHWL]DomR GH DGXOWRV HP $QJLFRV )UHLUH QRV
DSUHVHQWDQmRVyXPDQRYDFRQFHSomRDFHUFDGDDOIDEHWL]DomRGHOHWUDPHQWRV
OHLWXUD GH PXQGR PDV VREUHWXGR XPD QRYD 3HGDJRJLD$ REUD Educação
como Prática de LiberdadeSURGX]LGDGXUDQWHVHXH[tOLRQDGpFDGDGHQRV
PRVWUDDLPSRUWkQFLDGDGHPRFUDFLDDGLIHUHQoDHQWUHHGXFDomRHPDVVLILFDomR
HDUHODomRHQWUHHGXFDomRHFRQVFLHQWL]DomR(VVDVFDWHJRULDVSHUPLWHPQRV
HQWHQGHUTXHRVVXMHLWRVDSUHQGHQWHVGD(-$VmRWUDEDOKDGRUHVTXHFDUUHJDP
FRQVLJRVXDVKLVWyULDVGHYLGDSRUWDQWRVXDVOHLWXUDVGHPXQGRVmRFRQVWUXtGDV
D SDUWLU GH SURFHVVRV GLIHUHQWHV GDV H[SHULrQFLDV GH FULDQoDV H MRYHQV FXMD
HVFRODUL]DomRDFRQWHFHQRWHPSRUHJXODU
$ SHUVSHFWLYD IUHLUHDQD PDQWpPVH FRPR EDVH SDUD UHIOHWLUPRV VREUH
(GXFDomRGH-RYHQVH$GXOWRV&RUURERUDPRVFRPDVTXHVW}HVOHYDQWDGDVSRU
,UHODQG DRDSRQWDU
$VVLPDRGLDORJDUFRPROHJDGRGH)UHLUHSDUDDHGXFDomRGH
MRYHQV H DGXOWRV FRQVLGHUDPRV TXH R GHVDILR TXH )UHLUH
FRQWLQXD QRV DSUHVHQWDQGR p FRPR GHVHQYROYHU D (-$ QD
SHUVSHFWLYD H QR HVStULWR GD HGXFDomR SRSXODU H GH IRUPD D
SUHSDUDU R FLGDGmR SDUD SDUWLFLSDU DWLYDPHQWH GR SURFHVVR
GHPRFUiWLFR$RQRVUHIHULUPRVDRVSULQFtSLRVDFLPDTXLoiVHMD
SRVVtYHO DSRQWDU DOJXQV GHVDILRV FHQWUDLV (PERUD D
HVFRODULGDGH DLQGD VHMD XP GRV SULQFLSDLV GHVDILRV GD (-$
FRPRUHFRQVWLWXLUHYDORUL]DUDGLPHQVmRSROtWLFDHHPDQFLSDWyULD
GHVVHSURFHVVR"2VQRVVRVSURFHVVRVGHHQVLQRDSUHQGL]DJHP
ϭϮϱ
HVWmRDLQGDH[FHVVLYDPHQWHPDLVSUHRFXSDGRVFRPRHQVLQRGR
TXH FRP D DSUHQGL]DJHP FRP R GHFRUDU GR TXH FRP R FULDU
&RPRWUD]HURVHGXFDQGRVSDUDRFHQWURGDQRVVDSUHRFXSDomR
SHGDJyJLFD HP WHUPRV WHyULFRPHWRGROyJLFRV SROtWLFRV H
SUiWLFRV" ,5(/$1'S
1mR WHPRV D LQWHQomR GH DILUPDU TXH D SHGDJRJLD GH )UHLUH GHYD VHU
FRQFHELGDFRPRXPDWiEXDGHVDOYDomRSDUDD(GXFDomRGH-RYHQVH$GXOWRV
RX FRPR XPD WHRULD LQTXHVWLRQiYHO 6H DVVLP IRVVH HVWDUtDPRV LQGR QD
FRQWUDPmRGRSHQVDPHQWRIUHLUHDQRFXMRROKDUFUtWLFRGLDQWHGDUHDOLGDGHpXPD
SUHPLVVD 2EMHWLYDPRV QHVWD VHomR PRVWUDU QRVVR ROKDU VREUH D (-$ SDUD
GDUPRV FRQWLQXLGDGH DR GHEDWH WHyULFR HVWDEHOHFHQGR UHODo}HV HQWUH VXDV
HVSHFLILFLGDGHVHRHQVLQRGH+LVWyULD
(QVLQRGH+LVWyULDQD(-$XPEUHYHGHEDWHWHyULFR
'LDQWHGRVDVSHFWRVDSRQWDGRVVREUHD(GXFDomRGH-RYHQVH$GXOWRV
QR %UDVLO SDUWLPRV SDUD GLVFXWLU VREUH R HQVLQR GH +LVWyULD QHVWD PRGDOLGDGH
&XPSUHGHVWDFDUTXHDUHODomRGHHQVLQRDSUHQGL]DJHPQD(-$ LQGHSHQGHQWH
GHTXDOVHMDDiUHDGRFRQKHFLPHQWRDVHUWUDEDOKDGD SUHFLVDVHUYLVWDQXPD
SHUVSHFWLYDTXHFRPSUHHQGDVXDVHVSHFLILFLGDGHVHFRPSOH[LGDGHV1RFDVRGR
HQVLQR GH +LVWyULD WRPHPRV R WUHFKR GD SURGXomR GH 0RQWHLUR FRPR
SRQWRGHSDUWLGDSDUDQRVVDDUJXPHQWDomR
4XHVW}HVUHODFLRQDGDVDRFXUUtFXORHDRFRQKHFLPHQWRHVFRODU
QRHQVLQRGH+LVWyULDWrPVLGRLQYHVWLJDGDVQRWHPSRSUHVHQWH
QD EXVFD GH VH FRPSUHHQGHU D UHODomR GRV GRFHQWHV FRP RV
VDEHUHV TXH HQVLQDP FRQVLGHUDQGR D RULJLQDOLGDGH H D
HVSHFLILFLGDGH HSLVWHPROyJLFD GHVVH SURFHVVR GH SURGXomR
(VVD SHUVSHFWLYD GH DERUGDJHP VLWXDVH QR kPELWR GDV
SRVVLELOLGDGHV GH HQWHQGLPHQWR GR VHQWLGR GH ³HQVLQR GH´
)(55(,5$HWDO HPQRVVDVSHVTXLVDV2FRQKHFLPHQWR
GLVFLSOLQDUL]DGR ± +LVWyULD ± p HQWHQGLGR FRPR SURGXomR GRV
GRFHQWHVDJHQWHV FXOWXUDLV HP GLiORJR FRP VHXV DOXQRV HP
FRQWH[WRV FXUULFXODUHV HVSHFtILFRV (VWHV SRGHP HVWDU
FRQVWLWXtGRV HP XPD VDOD GH DXOD XPD DWLYLGDGH PXVHDO XP
WH[WRGHOLYURGLGiWLFRXPDGLQkPLFDQDPRGDOLGDGH(GXFDomRD
'LVWkQFLD ($' FRQVLGHUDGRV HP VHXV DVSHFWRV
FRQWLQJHQFLDLV QRV TXDLV FLUFXODP GLIHUHQWHV VHQWLGRV H
GHPDQGDVGHFRQKHFLPHQWRIOX[RVRULXQGRVGRVFRQKHFLPHQWRV
FLHQWtILFRV TXH VH DUWLFXODP FRP UHIHUrQFLDV FXOWXUDLV GRV
GLIHUHQWHV VXMHLWRV HP GLiORJR H GDV LQVWLWXLo}HV RQGH VH
2WH[WRGDSURIHVVRUD$QD0DULD0RQWHLURQmRWUDWDHVSHFLILFDPHQWHVREUHRHQVLQRGH+LVWyULD
QD(-$WRGDYLDDSHUVSHFWLYDSRUHODDSUHVHQWDGDQRVSHUPLWHID]HUDSUR[LPDo}HVLPSRUWDQWHV
SDUDRGHEDWH
ϭϮϲ
ϭϮϳ
GH-RYHQVH$GXOWRVQD3DUDtEDGHYHVHURUJDQL]DGRHPHL[RVWHPiWLFRV WHPRV
FRPRH[HPSORVDireitos Humanos; Identidade, Autonomia e Cultura; Identidade
e Cultura; Trabalho, Economia, Consumo e Globalização…) TXH VHULDP
FRQWHPSODGRVSRUWRGDVDViUHDVGRFRQKHFLPHQWR5HIHUHQWHj+LVWyULDFDGD
HL[R WHPiWLFR GHYHULD WHU XP FRQWH~GR FRUUHVSRQGHQWH DR HL[R 6HJXQGR R
GRFXPHQWRDWHPiWLFDGRV'LUHLWRV+XPDQRVQRFLFOR9GHYHULDHTXLYDOHUDR
FRQWH~GRGR,OXPLQLVPR
1mR SUHWHQGHPRV UHDOL]DU XPD DQiOLVH GRFXPHQWDO PLQXFLRVD QHVWH
PRPHQWR PHVPR UHFRQKHFHQGR D LPSRUWkQFLD GH WDO SURFHGLPHQWR PDV
WRPDPRVRWUHFKRVXSUDFLWDGRSDUDFRPSUHHQGHUPRVTXHQmRKiXPDFRHUrQFLD
HSLVWHPROyJLFDSDUDRHQVLQRGH+LVWyULDMiTXHVHLQGLFDRWUDEDOKRDSDUWLUGH
HL[RVWHPiWLFRVPDVLPHGLDWDPHQWHH[LJHVHXPDFRQYHUVmRGRPHVPRSDUD
FRQWH~GRVTXHREHGHoDPDRUJDQL]DomRWUDGLFLRQDOGRHQVLQRGH+LVWyULD1mR
VH ID] H p IXQGDPHQWDO ID]HUPRV R TXHVWLRQDPHQWR GH$OPHLGD D
(GXFDomRGH-RYHQVH$GXOWRVpXPDHGXFDomRSDUDRWUDEDOKRRXSDUDFODVVH
WUDEDOKDGRUD"
$ HGXFDomR GH MRYHQV H DGXOWRV p FRQVWLWXtGD SRU SUiWLFDV H
UHIOH[}HVTXHQmRVHUHVWULQJHPjHVFRODUL]DomRSRLVHQYROYH
SURFHVVRVIRUPDWLYRVYDULDGRVHPTXHVHDJOXWLQDPLQLFLDWLYDV
GH TXDOLILFDomR SURILVVLRQDO GHVHQYROYLPHQWR FRPXQLWiULR
IRUPDomR SROtWLFD H FXOWXUDO HP HVSDoRV HVFRODUHV H QmR
HVFRODUHV7UDWDVHGHXPXQLYHUVRSHGDJyJLFRLPSRUWDQWHSDUD
DUHDOL]DomRSOHQDGDLQGLVVRFLDELOLGDGHHQWUHWHRULDHSUiWLFDH
TXH YHWRUL]D FDPLQKRV UXPR DRV SURFHVVRV GD HPDQFLSDomR
KXPDQD
$V SUiWLFDV SHGDJyJLFDV UHDOL]DGDV QD (-$ GLVWLQJXHPVH GRV
SURFHVVRV GLGiWLFRPHWRGROyJLFRV FRPXQV HP LQ~PHUDV
FRQFHSo}HV H GR PRGR FRPR RV VXMHLWRV OHJLVODGRUHV
GLUHWRUHV FRRUGHQDGRUHV SHGDJyJLFRV SURIHVVRUHV H
SURILVVLRQDLV GD HGXFDomR LGHQWLILFDP D HVSHFLILFLGDGHV GRV
MRYHQVHDGXOWRV $/0(,'$S
6H SHQVDUPRV D (-$ FRPR XPD HGXFDomR SDUD D FODVVH WUDEDOKDGRUD
SUHFLVDPRV UHIOHWLU WDPEpP R SDSHO GR HQVLQR GH +LVWyULD QHVVH SURFHVVR
IRUPDWLYR *RVWDUtDPRV GH GHVWDFDU GXDV SURSRVWDV SHGDJyJLFDV TXH
FRQVLGHUDPRVLPSRUWDQWHVSDUDHQVLQDU+LVWyULDQD(-$RWUDEDOKRFRP+LVWyULD
/RFDO H D FRQVWDQWH LQWHUORFXomR HQWUH SDVVDGR H SUHVHQWH RQGH SDUWLPRV GR
SUHVHQWHSDUDSUREOHPDWL]DUPRVRSDVVDGR
ϭϮϴ
$+LVWyULD/RFDO SRGHQGRVHUFRQVWUXtGDFRPRSRQWRGHSDUWLGDSDUDXP
HVWXGRJOREDO SHUPLWHTXHRVLQGLYtGXRVLGHQWLILTXHPVHFRPRVXMHLWRVKLVWyULFRV
FRP P~OWLSODV LGHQWLGDGHV $ KLVWyULD GD VXD FRPXQLGDGH GLDORJD FRP RXWUDV
FRPXQLGDGHV H FRQWULEXL SDUD DPSOLDomR GD VXD YLVmR GH PXQGR 'R PHVPR
PRGR DSRQWDPRV SDUD D UHOHYkQFLD GD UHODomR FRQVWDQWH HQWUH SUHVHQWH H
SDVVDGRSRLVDVSDUWLFXODULGDGHVGRVDSUHQGHQWHVGD(-$QRVPRVWUDTXHVHXV
VDEHUHV VREUH FRQFHLWRV H FRQWH~GRV KLVWyULFRV SRGHP VHU WRPDGRV FRPR
UHIHUrQFLDVLQLFLDLVSDUDDDPSOLDomRGRFRQKHFLPHQWR2XVHMDEXVFDPRVGL]HU
TXHpIXQGDPHQWDOTXHD+LVWyULDVHMDUHSOHWDGHVHQWLGRV
2HQVLQRGH+LVWyULDQD(-$ROKDUHVGHOLFHQFLDQGRVDVVREUHDSUiWLFD
GHHQVLQRHPHVFRODVGD3DUDtED
$VLQIRUPDo}HVVRFLDOL]DGDVQHVWHWH[WRVREUHRHQVLQRGH+LVWyULDHP
WXUPDVGH(-$HPHVFRODVGDUHGHHVWDGXDOGHHQVLQRGD3DUDtEDVmRUHVXOWDGRV
GRROKDUGHOLFHQFLDQGRVDVHP+LVWyULDGD8)3%DSDUWLUGHVXDVH[SHULrQFLDV
QRV HVWiJLRV VXSHUYLVLRQDGRV 8PD GDV HWDSDV SUHYLVWD QR SODQR GH HVWiJLRV
GL]LD UHVSHLWR j REVHUYDomR GH VLWXDo}HV GH HQVLQR RX VHMD RVDV
OLFHQFLDQGRVDV GHYHULDP REVHUYDU DXODV GH +LVWyULD QHVVH FDVR HP WXUPDV
(-$ OHYDQGR HP FRQVLGHUDomR DVSHFWRV FRPR SODQHMDPHQWR XWLOL]DomR GH
UHFXUVRV GLGiWLFRV HVWUDWpJLDV GH HQVLQR SHUVSHFWLYD GH HQVLQR GH +LVWyULD H
DYDOLDomR2VUHODWRVIRUDPIHLWRVQRUHODWyULRILQDOGHHVWiJLRTXHVHFRQILJXUDP
FRPRGRFXPHQWRVGDSHVTXLVD
&RPR GLWR LQLFLDOPHQWH IRUDP DQDOLVDGRV WUrV UHODWyULRV GH HVWiJLR
1HOHVDSDUHFHUDPFRPPDLVIUHTXrQFLDUHODWRVVREUHHVWUDWpJLDVGHHQVLQR
UHFXUVRV GLGiWLFRV H GLDORJLFLGDGH HQWUH GRFHQWHV H GLVFHQWHV 'HVVH PRGR
FRQVWUXtPRVGXDVFDWHJRULDVGHDQiOLVHVREUHDVTXDLVYHUVDUHPRVQHVWDVHomR
UHFXUVRV GLGiWLFRV QDV DXODV GH +LVWyULD QD (-$ H UHODomR SDVVDGR
SUHVHQWHQRHQVLQRGH+LVWyULDQD(-$
$QWHVGHDSURIXQGDUPRVQRVVDDQiOLVHVREUHDVUHIHULGDVFDWHJRULDVp
LPSRUWDQWHUDWLILFDUTXHDVREVHUYDo}HVIRUDPIHLWDVQRFRQWH[WRGHVXVSHQVmR
GDVDWLYLGDGHVSUHVHQFLDLVHPGHFRUUrQFLDGRFHQiULRSDQGrPLFR$VDXODVGH
1RFRUSRGRWH[WRRVUHODWyULRVVHUmRLGHQWLILFDGRVFRPRUHODWyULRUHODWyULRHUHODWyULR
ϭϮϵ
+LVWyULDQDVWUrVHVFRODVHPTXHDWXDUDPRVDVHVWDJLiULRVDVHUDPPLQLVWUDGDV
YLUWXDOPHQWH DWUDYpV GR Google Meet 2 FRPSDUWLOKDPHQWR GH ILFKDV GH
DWLYLGDGHVHGHPDLVRULHQWDo}HVHUDPFRPSDUWLOKDGDVYLDwhatsapp. 6DEHPRV
TXHWDOPRGHORGHHQVLQRH[LJLDFRQGLo}HVPDWHULDLVVDWLVIDWyULDVSDUDRDFHVVR
jV SODWDIRUPDV H FRQKHFLPHQWRV WHFQROyJLFRV HVSHFtILFRV (VVHV DVSHFWRV
FRQWULEXtUDPSDUDDDXVrQFLDGHHVWXGDQWHVQDVDXODVGD(-$
1RTXHVHUHIHUHDRVUHFXUVRVGLGiWLFRVLGHQWLILFDPRVTXHDVDXODVGH
+LVWyULDPDQWLQKDPDSHUVSHFWLYDGHDXODH[SRVLWLYD6DEHPRVTXHDVDXODVon
line FRUURERUDUDPSDUDDSUHFDUL]DomRGRWUDEDOKRGRFHQWHDVVLPFRPRJHUDUDP
LQ~PHURV GHVDILRV SDUD SURIHVVRUHVDV TXH GHVFRQKHFLDP R PRGHOR7RGDYLD
FRPSUHHQGHPRV TXH QRVVD DWLWXGH IUHQWH DR FRQKHFLPHQWR SRGH VH GDU GH
PDQHLUD FUtWLFD RX UHSURGXWLYD LQGHSHQGHQWH GR FHQiULR HP TXH QRV
HQFRQWUHPRV
$H[SRVLomRGRVFRQWH~GRVKLVWyULFRVIRLGHVFULWDQRVHJXLQWHWUHFKRGR
UHODWyULR
$SURIHVVRUDVHJXLXXPPpWRGRTXHDFKHLPXLWRLQWHUHVVDQWHH
PXLWRPHLQVWLJRX2GHVHQYROYHUGHVXDIDODIRLHVVHQFLDOPHQWH
QDUUDWLYR PDV DR ORQJR GHVVD QDUUDWLYD IRL GHVHQYROYHQGR
DQiOLVHVGHPRGRTXHRVGRLVDVSHFWRVILFDUDPEHPLQWHJUDGRV
HGHUDPXPDH[FHOHQWHIRUPDGHWUDWDURFRQWH~GR(VVDIRLD
PDQHLUDDGRWDGDSRUHODHPWRGDVDVVXDVDXODV
$RILQDOGDDXODXPDOXQRIH]XPDSHUJXQWDVREUHDUHSUHVVmR
QRSHUtRGRRTXHGHPRQVWURXXPFRQKHFLPHQWRVREUHRTXHIRL
D GLWDGXUD 7RGDYLD HVVD IRL D ~QLFD SHUJXQWD TXH KRXYH QDV
DXODV TXH REVHUYHL $SHQDV WUrV DOXQRV HVWLYHUDP SUHVHQWHV
VHQGRDFKDPDGDIHLWDSHORFKDWGR*RRJOH0HHWFRPRVDOXQRV
GLJLWDQGRVHXVQRPHVFRPSOHWRVOi 5HODWyULRS
2 H[WUDWR GD REVHUYDomR GR OLFHQFLDQGR UHLWHUD DV FRQVLGHUDo}HV TXH
DSRQWDPRVVREUHRTXDQWLWDWLYRGHHVWXGDQWHVQDVDXODVUHPRWDVEHPFRPRD
SRXFDSUREOHPDWL]DomRGRFRQWH~GRFDUDFWHUtVWLFDGHDXODVH[SRVLWLYDVQDVTXDLV
DV LQIRUPDo}HV VmR UHSURGX]LGDV SDUD VHUHP PHPRUL]DGDV $LQGD DVVLP
LGHQWLILFDPRVTXHRVDVGRFHQWHVREVHUYDGRVDVODQoDUDPPmRGDRSRUWXQLGDGH
GR WUDEDOKR FRP WHFQRORJLDV GLJLWDLV SDUD XVDUHP OLQJXDJHQV DXGLRYLVXDLV HP
VXDVDXODV2VILOPHVJDQKDUDPGHVWDTXHQDVHOHomRGHUHFXUVRVGLGiWLFRVSDUD
DVDXODV7DODVSHFWRIRLREVHUYDGRQRVWUrVUHODWyULRV2VWUHFKRVGRVUHODWyULRV
HFRQILUPDPQRVVDSHUFHSomR
ϭϯϬ
1D~OWLPDDXODTXHFRQVHJXLREVHUYDUGHVVDWXUPDDSURIHVVRUD
WURX[HXPGRFXPHQWiULRVREUHDKLVWyULDGDV&UX]DGDVGRFDQDO
+LVWRU\ &KDQQHO %UDVLO )RL EDVWDQWH LQWHUHVVDQWH YHU FRPR RV
DOXQRV UHDJLUDP DR GRFXPHQWiULR DOJXQV FRPHQWDUDP TXH
HVWDYDHPLQJOrVHTXHDOHJHQGDSDVVDYDPXLWRUiSLGRHQmR
FRQVHJXLDPOHURXWURDOXQRWURX[HXPTXHVWLRQDPHQWRVREUHRV
D2UGHPGRV7HPSOiULRV 5HODWyULRS
(P GHWHUPLQDGR PRPHQWR DR ILQGDU D DERUGDJHP VREUH R
JRYHUQRGH&RVWDH6LOYDHDQWHVGHVHSDVVDUSDUDRGH0pGLFL
DSURIHVVRUDFRODERUDGRUDSDVVRXXPWUHFKRGRILOPH Batismo
de Sangue D ILP GH PRVWUDU D WRUWXUD )RL LQWHUHVVDQWH LVVR
SRUTXH PRVWURX HP LPDJHQV D EDUEiULH GD GLWDGXUD PXLWDV
YH]HV HVVD IRUoD GD LPDJHP H R FKRTXH GHOD SRGHP DMXGDU
SULQFLSDOPHQWHGLDQWHGHWDQWDVXDYL]DomRGHXPSHUtRGRFRPR
DTXHOH 5HODWyULRS
3RGHPRV LGHQWLILFDU D SDUWLU GRV UHODWRV TXH R XVR GRV ILOPHV IRL XPD
HVFROKD VLJQLILFDWLYD SDUD DERUGDU GHWHUPLQDGRV FRQWH~GRV SRLV SHUPLWH TXH
RVDVHVWXGDQWHVYLVXDOL]HPDVSHFWRVTXHDH[SRVLomRGDVLQIRUPDo}HVSRUSDUWH
GRVGDVGRFHQWHVQmRDOFDQoDULD$OpPGRXVRGHILOPHVGHVWDFDPRVWDPEpPD
UHVROXomRGHTXHVW}HVREMHWLYDVFRPRRXWURUHFXUVRHVWUDWpJLDGLGiWLFDQDVDXODV
GH +LVWyULD 2V WUrV UHODWyULRV LQIRUPDP TXH RVDV GRFHQWHV VRFLDOL]DUDP YLD
whatsappILFKDVRXIRUPXOiULRVGRGoogle FormSDUDVHUHPSUHHQFKLGRVSHORVDV
HVWXGDQWHV(VWHVPDWHULDLVHUDPXWLOL]DGRVFRPRLQVWUXPHQWRVDYDOLDWLYRV
$VDXODVGH+LVWyULDIRUDPGHVFULWDVGHPDQHLUDJHUDOFRPRH[SRVLWLYDV
HVYD]LDGDV GH HVWXGDQWHV H FRP SRXFD LQWHUDomR 3RUpP RVDV OLFHQFLDQGRV
SHUFHEHUDPTXHDUHODomRGLDOyJLFDHQWUHGRFHQWHVDSUHQGHQWHVHFRQWH~GRHUD
PHOKRUFRQVWUXtGDTXDQGRHUDPIHLWDVSRQWHVHQWUHRVFRQWH~GRVWUDEDOKDGRVHR
WHPSRSUHVHQWH
$ UHODomR SDVVDGRSUHVHQWH QR HQVLQR GH +LVWyULD QRVVD VHJXQGD
FDWHJRULDGHDQiOLVHpSUHPLVVDSDUDRHQVLQRGH+LVWyULDHPTXDOTXHUVHJPHQWR
QtYHORXPRGDOLGDGHGHHQVLQReQDFRQH[mRHQWUHRTXHSDVVRXHRYLYLGRKRMH
TXH HQFRQWUDPRV VHQWLGRV H VLJQLILFDGRV GDQD +LVWyULD HQTXDQWR iUHD GR
FRQKHFLPHQWR1RFDVRGD(-$RHQVLQRGH+LVWyULDDEUHFDPLQKRVSDUDTXHDV
SHVVRDVFRPSUHHQGDPVXDH[LVWrQFLDHQTXDQWRVXMHLWRVKLVWyULFRVHDJHQWHVGH
WUDQVIRUPDo}HV
2V UHODWyULRV PRVWUDP D LPSRUWkQFLD GH HVWDEHOHFHUPRV UHODomR HQWUH
SDVVDGRSUHVHQWH
ϭϯϭ
1HVVDDXODDSURIHVVRUDGHXFHUWRHQIRTXHQDGLVFXVVmRVREUH
RV GLUHLWRV KXPDQRV H VHX VLJQLILFDGR 1mR HVWHYH UHVWULWD DR
FRQWH~GRQRVHXVHQWLGRPDLVHVWULWRPDVWURX[HXPDGLVFXVVmR
VREUH R SHUtRGR H XPD WHPiWLFD WUDQVYHUVDO GH JUDQGH
UHOHYkQFLD )DORX GD LPSRUWkQFLD H GR VLJQLILFDGR GRV 'LUHLWRV
+XPDQRV 5HODWyULRS
1R FLFOR 9, IRL EHP PDLV GLItFLO DFRPSDQKDU D WXUPD SRLV HUD
XPD GDV WXUPDV TXH PDLV IDOWDYD DOXQRV 2V FRQWH~GRV
IRUDP YROWDGRV SDUD R %UDVLO QR VpFXOR ;; FRPSUHHQGHU DV
UD]}HVTXHOHYDUDP*HW~OLR9DUJDVDRSRGHUDVFDUDFWHUtVWLFDV
HFRQ{PLFDVHVRFLDLVGR(VWDGRQRYRDVOHLVWUDEDOKLVWDVQDHUD
9DUJDVHDUHIRUPDWUDEDOKLVWDVRFRUULGDDJRUDQR%UDVLO1HVVD
DXODHVSHFLILFDPHQWHRVDOXQRVSDUWLFLSDUDPPXLWREHPOLJDQGR
R iXGLR H WUD]HQGR VHXV SUySULRV UHODWRV ID]HQGR DVVRFLDomR
DRV FDVRV GH SHVVRDV TXH WUDEDOKDP SDUD DSOLFDWLYRV FRPR
XEHULIRRGHQWUHRXWURV7URX[HUDPRFDVRGRPRWRER\TXHIRL
DWURSHODGRQREDLUURGH0DQDtUD 5HODWyULRS
$SDUWLUGRVWUHFKRVREVHUYDPRVTXHRROKDUFUtWLFRHPUHODomRDRFRQWH~GR
SRUSDUWHGRVDVDSUHQGHQWHVIRLLQVWLJDGRQmRVySHODUHODomRSDVVDGRSUHVHQWH
FRQVWUXtGDSHORDGRFHQWHPDVWDPEpPSHODSUHVHQoDGHSDXWDVFRPXQVjYLGD
GHWUDEDOKDGRUHVDV2V'LUHLWRV+XPDQRVDUHIRUPDWUDEDOKLVWDHDSUHFDUL]DomR
GR WUDEDOKR IRUDP WHPiWLFDV TXH SURSRUFLRQDUDP GHEDWHV GLIHUHQWH GH TXDQGR
RVDV GRFHQWHV VLPSOHVPHQWH DSUHVHQWDUDP FRQWH~GRV FRPR VXFHVV}HV
SUHVLGHQFLDLV ,GDGH 0pGLD GHQWUH RXWURV WLGRV FRPR FRQWH~GRV IRUPDLV GR
FXUUtFXORGD+LVWyULDHVFRODU
$OJXPDVFRQVLGHUDo}HV«
&RQVLGHUDPRV FRPR UHOHYDQWH D H[SHULrQFLD GH VRFLDOL]DU QRVVD SURGXomR
DFHUFD GR HQVLQR GH +LVWyULD QD (GXFDomR GH -RYHQV H$GXOWRV 2 WH[WR DTXL
DSUHVHQWDGR p WDPEpP H[SUHVVmR GRV GLiORJRV TXH FRQVWUXtPRV QR ;,,,
(QFRQWUR 1DFLRQDO GH 3HVTXLVDGRUHV GH (QVLQR GH +LVWyULD 2 HQFRQWUR
DFRQWHFHX QXP PRPHQWR HP TXH FRQVWUXtPRV IXQGDPHQWDo}HV H HVWUDWpJLDV
SDUDFRPSUHHQGHUPRVRHQVLQRGH+LVWyULDQR%UDVLOTXHYLYHUDWHPSRVGHFULVH
QmRVyVDQLWiULDPDVVREUHWXGRFULVHKXPDQLWiULD
2VVXMHLWRVDSUHQGHQWHVGD(-$VmRSHVVRDVTXHQmRWLYHUDPRSRUWXQLGDGH
GH FRQFOXLU VHXV HVWXGRV HP LGDGH UHJXODU$V MXVWLILFDWLYDV SDUD WDO UHDOLGDGH
JUDYLWDPHPWRUQRGRVQRVVRVSUREOHPDVVRFLDLVHHFRQ{PLFRV6HQGRDVVLPp
IXQGDPHQWDOFRPSUHHQGHUTXHD(-$QmRpVLPSOHVHVRPHQWHXPDPRGDOLGDGH
ϭϯϮ
GHHQVLQRTXHYLVDRDOLJHLUDPHQWRGDHVFRODUL]DomRPDVXPDPRGDOLGDGHGH
IRUWHFXQKRSROtWLFR
2 HQVLQR GH +LVWyULD WHP SDSHO IXQGDPHQWDO QD FRQVWUXomR GH SUiWLFDV
SHGDJyJLFDV SDXWDGDV QD UHIOH[mR $V DXODV GH +LVWyULD VmR HVSDoRV SDUD
FRQVWUXomRGHOHLWXUDVGHPXQGR GHOHWUDPHQWRVeWDPEpPSRUTXHQmR"
PRPHQWR GH FRQWULEXLomR VLJQLILFDWLYD SDUD R SURFHVVR GH DOIDEHWL]DomR GH
MRYHQVDGXOWRVHLGRVRV
1RVVDSHVTXLVDWURX[HFRQVLGHUDo}HVVREUHRHQVLQRGH+LVWyULDQD(-$HP
HVFRODVGDUHGHHVWDGXDOGHHQVLQRGD3DUDtEDGXUDQWHDSDQGHPLDGH&RYLG
2 FRQWH[WR SDQGrPLFR SUHFDUL]RX DLQGD PDLV D (GXFDomR GH -RYHQV H
$GXOWRVQR%UDVLO6HRHQVLQRUHJXODUVRIUHXGXUDVFRQVHTXrQFLDVD(-$VRIUHX
DLQGD PDLV SRUTXH H[LVWLDP PXLWRV DVSHFWRV TXH OHYDUDP WUDEDOKDGRUHVDV D
DEDQGRQDUHPVHXVHVWXGRV'HWRGRPRGRDTXHOHVDVTXHSHUPDQHFHUDPQRV
PRVWUDUDPDWUDYpVGRVUHODWRVGHOLFHQFLDQGRVDVHPHVWiJLRVXSHUYLVLRQDGR
TXHRWHPSRSUHVHQWHHRV'LUHLWRV+XPDQRVVmRSHoDVFKDYHVSDUDRHQVLQR
GH+LVWyULD
5HIHUrQFLDV
$/0(,'$$GULDQD(-$XPDHGXFDomRSDUDRWUDEDOKRRXSDUDDFODVVH
WUDEDOKDGRUD"5HYLVWD%UDVLOHLUDGH(GXFDomRGH-RYHQVH$GXOWRVYRO
QS
%5$6,/0LQLVWpULRGD(GXFDomR,QVWLWXWR1DFLRQDOGH(VWXGRVH3HVTXLVDV
(GXFDFLRQDLV$QtVLR7HL[HLUD5HVSRVWD(GXFDFLRQDOj3DQGHPLDGH&RYLG
QR%UDVLO%UDVtOLD'LVSRQtYHOHP
KWWSVGRZQORDGLQHSJRYEUFHQVRBHVFRODUUHVXOWDGRV$FHVVRHPGH
PDUoRGH
%5$6,/0LQLVWpULRGD(GXFDomR&RQVHOKR1DFLRQDOGH(GXFDomR&kPDUDGH
(GXFDomR%iVLFD5HVROXomR&1(&(%Q'LiULR2ILFLDOGD8QLmR
%UDVtOLDGHMXQKRGH6HomRS
&+$5/27%HUQDUG'DUHODomRFRPRVDEHUHOHPHQWRVSDUDXPDWHRULD
3RUWR$OHJUH$UWPHG
)5(,5(3DXOR(GXFDomRFRPRSUiWLFDGHOLEHUGDGH6mR3DXOR3D]H
7HUUD
ϭϯϯ
)5,('5,&+0iUFLD%(1,7($QQD0&DQDYDUUR%(1,7(&OiXGLR5
0DFKDGR3(5(,5$9LYLDQH6RDUHV7UDMHWyULDGDHVFRODUL]DomRGHMRYHQVH
DGXOWRVQR%UDVLOGHSODWDIRUPDVGHJRYHUQRDSURSRVWDVSHGDJyJLFDV
HVYD]LDGDV(QVDLRDYDOSROS~EO(GXF5LRGH-DQHLURYQS
DEUMXQ
,5(/$1'7LPRWK\'HQLV0HVPRHPWHPSRVGH&29,'QmRGiSDUDODYDU
DVPmRVGH3DXOR)UHLUH5HYLVWD5HWUDWRVGD(VFROD%UDVtOLDYQS
PDLDJR
0217(,52$QD0DULDGD&RVWD$XODVGH+LVWyULDTXHVW}HVGRQRWHPSR
SUHVHQWH(GXFDUHP5HYLVWD&XULWLEDQSRXWGH]
3$5$Ë%$6HFUHWDULDGH(VWDGRGD(GXFDomRHGD&LrQFLDHGD7HFQRORJLD
3ODQR(VWUDWpJLFR&XUULFXODU3DUDtED'LVSRQtYHOHP
KWWSVSEHGXFDVHHSEJRYEUJXLDVGHRULHQWD$FHVVRHPGHPDUoRGH
6$17,$*20DULD(OLHWH%$7,67$1(72-RVp)RUPDomRGH3URIHVVRUHVHP
3DXOR)UHLUHXPDILORVRILDFRPRMHLWRGHVHUHVWDUHID]HUSHGDJyJLFR5HYLVWD
HFXUULFXOXP6mR3DXORYQS
ϭϯϰ
(QVLQRDSUHQGL]DJHPHDYDOLDomRHP
+LVWyULDHQWUHWUDGLo}HVHWUDGXo}HVQD
SHVTXLVDHQDVDODGHDXOD
ϭϯϱ
$35(1',=$*(0+,67Ï5,&$&20275$'8d2'(
(;3(5,Ç1&,$680$,17(5)$&((175(5(/,*,2((16,12
'(+,67Ï5,$
)OiYLR3HUHLUD%DVWRV
$SRQWDPHQWRVLQLFLDLV
$SHUJXQWDTXHPRYHHVWHpaperpQRkPELWRGRHQVLQRGH+LVWyULDTXH
VHQWLGRGHDSUHQGL]DJHPSRGHVHUPRELOL]DGRTXDQGRRWHPDHPGLVFXVVmRp
UHOLJLmR"¬YLVWDGLVVRDSURSRVWDQmRpSHQVDUVREUHUHOLJLmRUHODFLRQDQGRDDR
HQVLQRUHOLJLRVRSRLVQRFRQWH[WRGRVpFXOR;;,RHQVLQRVREUHDVUHOLJL}HVSRU
PHLRGRHQVLQRGH+LVWyULDQmRSRGHVHUFRPSUHHQGLGRFRPRSDUWHGDH[SDQVmR
GH LJUHMDV RX FRPR HGXFDomR UHOLJLRVD PDV VLP REVHUYDGR FRPR LQWHJUDGR j
IRUPDomRFLGDGm $5$*2
8P VHQWLGR GH DSUHQGL]DJHP VREUH UHOLJLmR QR kPELWR GR HQVLQR GH
+LVWyULD QmR p FDUDFWHUL]DGR VRE XP WRP GH HQTXDGUDPHQWR GRXWULQiULR
FRQGLFLRQDGR D FDXVDV WHROyJLFDV GH H[SUHVV}HV UHOLJLRVDV HRX VLQ{QLPR GH
DQRPDOLDVKLVWyULFDVDQWHDGLYHUVLGDGHUHOLJLRVD GHFUHQoDV DTXDOLQFOXVLYH
DWUDYHVVDDVVDODVGHDXOD'HVWDIRUPDQmRYHQKRFDUDFWHUL]DUFODVVLILFDURX
KLHUDUTXL]DUUHOLJL}HVDRSHQViODVGHXPSRQWRGHYLVWDGRHQVLQRGH+LVWyULD
7DPSRXFR SURYRFDU VHQWLGRV GH DSUHQGL]DJHP TXH DVVXPHP FRQILVV}HV
FUHQoDV HRX GLVFXUVRV UHOLJLRVRV FRPR XP OXJDU SULYLOHJLDGR GH GHWHUPLQDGD
OHLWXUDGHXPDUHOLJLmRVREUHRXWUDV
5HFRQKHFHU D GLYHUVLGDGH GR RXWUR p HQWHQGHU TXH D FUHQoD
LQGLYLGXDO QmR SRGH VHU XWLOL]DGD FRPR DUJXPHQWR SDUD D
OHJLWLPDomRGHXPDVXSHULRULGDGHFRQVWUXomRGHPXQGRLVRODGR
RX SDUD GLVSXWDV GH HVSDoRV$ IRUPDomR GH XPD DERUGDJHP
SOXUDO VREUH DV UHOLJL}HV FRRSHUD FRP D FRQVWLWXLomR GH
DOWHULGDGHV IXQGDPHQWDLV SDUD D IRUPDomR GRV LQGLYtGXRV
HVSHFLDOPHQWHHPPRPHQWRVHPTXHSDUWHGDYLROrQFLDItVLFDH
VLPEyOLFDpMXVWLILFDGDSRUGLIHUHQoDVGHFUHQoDV '(0285$
8=81S
0HVWUDQGR HP (GXFDomR 8QLYHUVLGDGH )HGHUDO GH -XL] GH )RUD 8)-)
IODYLREDDVWRV#JPDLOFRP
ϭϯϲ
3RGHUVHLDHQWmRDSDUWLUGHVWHREMHWLYRFRQVLGHUDUXPDDSUHQGL]DJHP
QHXWUDVREUHUHOLJLmR"1mR$SHUVSHFWLYDGHDSUHQGL]DJHPTXHPRELOL]RYDLDR
HQFRQWUR GH H[SHULrQFLDV FRPR OXJDU GH DIHWRV FDSD]HV GH WUDGX]LU XPD
³LGHQWLGDGHQDUUDWLYD´ 5,&2(85 DSDUWLUGRHQVLQRGH+LVWyULD6HIRVVH
QHXWUD DV H[SHULrQFLDV GHVDSDUHFHULDP XPD YH] TXH D QHXWUDOLGDGH WHQGH D
GHVPDQFKDU D VLQJXODULGDGH D GLIHUHQoD HP YLVWD GD XQLYHUVDOLGDGH GH XP
FRPXP
3RGHUtDPRVDLQGDLPDJLQDUTXHDRSHQVDUVREUHUHOLJLmRQRHQVLQRGH
+LVWyULDWHPRVGHH[SOLFDUUD]}HVWHROyJLFDVTXHHQYROYHPWXGRTXDQWRSRVVD
HVWDUDWUHODGRjUHOLJLmR6LPSHQVDUHPUHOLJLmRVLJQLILFDWDPEpPUHFRQKHFHU
FRQILVV}HVGHIpDGHUrQFLDVHFOHVLiVWLFDVFUHQoDVHPVHU HV HWHUQR V LQILQLWR
V HWFTXHID]HPSDUWHGHVLVWHPDVGHVHQWLGRVUHOLJLRVRV
1mRUHVWDG~YLGDGHTXH>@UHOLJLmRpXPIHQ{PHQRFRPSOH[R
TXHHQYROYHDH[SHULrQFLD QXPLQRVDRXPtVWLFD RVHQWLPHQWR
H D HPRomR D DomR ULWXDO D SUiWLFD PRUDO HWF >@ D PHOKRU
PDQHLUD GH HQWHQGHU >@ UHOLJLmR p FRPSUHHQGrOD FRPR DOJR
TXHVHUHIHUHD³FUHQoDV>SUiWLFDV@UHOLJLRVDV´ :,(%(S
1HVVH VHQWLGR HVWH WUDEDOKR WRPD R FXLGDGR GH DWUDYHVVDU HVVDV
SUHPLVVDVUHOLJLRVDVDILPGHEXVFDUQmRHOHPHQWRVTXHSRVVDPHVWUXWXUDUXPD
UD]mRFRQIHVVLRQDOGHVHUGDUHOLJLmRPDVVLPRTXHDWHPiWLFDUHOLJLmRSRGH
RIHUHFHUHQTXDQWRXPHOHPHQWRGHDIHWRV H[SHULrQFLDV TXHVHPDQLIHVWDPDR
DSUHQGHUVREUHUHOLJLmRFRPRHQVLQRGH+LVWyULD
D UHOLJLmR p XPD H[WUDSRODomR GD FXOWXUD SDUD LQFOXLU QD
VRFLHGDGHHFRPRFXOWXUDLVDTXHOHVVHU HV HRXIRUoDVTXHGH
RXWURPRGRVHULDPGHVFULWRVFRPRQDWXUDLVRXVREUHQDWXUDLV>@
(P RXWUDV SDODYUDV RV KXPDQRV VH YHHP QXP FRQWH[WR
UHOLJLRVRFRPRGHVHPSHQKDQGRFHUWRWLSRGHUHODomRFRPVHU
HV HRX IRUoD V TXH FRP UD]mR Vy SRGHPRV FKDPDU GH
UHODomR VRFLDO e XPD UHODomR GH FRPXQLFDomR LQWHQomR
UHFLSURFLGDGHUHVSHLWRHYLWDomRFRQWUROHHWF2 V VHU HV HRX
IRUoD V VmRFRPRQyVHPDOJXQVDVSHFWRVDSHVDUGRIDWRGH
VHUHPGLIHUHQWHVGHQyVHPRXWURVDVSHFWRV (//(5S
&RPHVVDVFRQVLGHUDo}HVLQLFLDLVPRELOL]RXPVHQWLGRGHDSUHQGL]DJHP
KLVWyULFD D SDUWLU GD FDWHJRULD WUDGXomR 0$57,16 FRPR XP OXJDU GH
³LGHQWLGDGH QDUUDWLYD´ 5,&2(85 SHOR FRQFHLWR GH ³WUtSOLFH PLPHVH´
5,&2(85 GH PRGR D DUWLFXOiOD FRP D FDWHJRULD ³H[SHULrQFLDV´
ϭϯϳ
%(1-$0,1 FRPRXPOXJDUGHDIHWRVDRWUDWDUGDWHPiWLFDUHOLJLmRVLWXDGD
QRHQVLQRGH+LVWyULD
1RVFRQWRUQRVGDWUDGXomR
2TXHpWUDGXomR"3RUTXHSDUDTXHSDUDTXHPVHWUDGX]"(VVDVVmR
SHUJXQWDV TXH FRQVWLWXHP DOJXQV SUHVVXSRVWRV EiVLFRV GH TXHP VH SURS}H D
LQYHVWLJDURDWRGHWUDGXomR
7UDGXomRpXP³FDPSR´TXHSRVVXLHVWXGRVVLVWHPiWLFRVSUySULRVHTXH
SHUFRUUHDQiOLVHVWHyULFDVGD/LQJXtVWLFDj)LORVRILD 3DUDD7UDGXWRORJLD
DOtQJXDH[SUHVVDRHVWDGRGHQRVVRVHU8PHVIRUoRSRUHQWHQGHUHID]HUVH
HQWHQGHU ,VVR LPSOLFD QmR VRPHQWH RV DVSHFWRV TXH DV SDODYUDV WrP PDV
WDPEpP VXD DSDUrQFLD D HVWpWLFD D LPSUHVVmR TXH VH WHP VREUH D OtQJXD
7UDGX]VH SRUTXH Ki GLIHUHQoDV HQWUH DV OtQJXDV H DV FXOWXUDV SRU WHU D
FRPXQLFDomR FRPR ILQDOLGDGH %+$%+$ $ WUDGXomR QHVWH VHQWLGR p
XPDDUWHXPDYH]TXHVHDEUHSDUDXPDFRQH[mRHQLJPiWLFDHQWUHDOLQJXDJHP
HRVHQWLGR 'e7,(11( 8PDFRQH[mRTXHYLVDjHTXLYDOrQFLDGHVHQWLGR
FRQVWUXtGRSRUpPQmRXPDFRQVWUXomRTXHEXVFDRFRPSDUiYHOOLWHUDOPDVVLP
HQFRQWURV GH VHQWLGRV VRE UHODo}HV GH UHVSRQVDELOLGDGH FRP R GLIHUHQWH
'e7,(11(
(QWUHWDQWRDWUDGXomRQmRLPSOLFDVLPSOHVPHQWHDWUDGXomRGHSDODYUDV
IUDVHV H WH[WRV 7UDWDVH LQFOXVLYH GH WUDGX]LU R VHQWLGR GH LQWHUSUHWDU H
FRPXQLFDUXPDVpULHGHHOHPHQWRVVLPXOWDQHDPHQWH7UDGX]LUpFRPSUHHQGHUR
HQXQFLDGRRYROXPHRWRPDVLWXDomRRHVSDoRLQFOXVLYHDFXOWXUDGHTXHP
HVFXWDRXOr 'e7,(11( /RJRRFRQWH[WRHPTXHVHHVFUHYHHQRTXDO
'HQRPLQDVHHVWHFDPSRGH7UDGXWRORJLDFLrQFLDTXHSURFXUDHOXFLGDUDQDWXUH]DHVTXHPiWLFD
GDPHQVDJHPGHVGHXPDOtQJXDHPLVVRUDSDUDXPDOtQJXDUHFHSWRUDPHGLDQWHXPSURFHVVRGH
WUDQVIRUPDomR
&LrQFLD GD OLQJXDJHP TXH VH GHGLFD DRV HVWXGRV PRUIRVVLQWiWLFRV VHPLROyJLFRV
PXOWLOLQJXtVWLFRVIRQpWLFRVIRQROyJLFRVHWFFRPRREMHWLYRGHVDEHUH[SOLFDUVLVWHPDVTXHVH
FRQVWLWXHPHQWUHHFRPDVOtQJXDV
(PWHUPRVILORVyILFRVRVHVWXGRVGH7UDGXomREXVFDPQD)LORVRILDDUD]mRGHVHUGRDWRGH
WUDGX]LU5D]mRHVVDTXHVLJQLILFDDIRQWHGHSUD]HUGDWUDGXomRQRVHQWLGRGHTXHDOtQJXDTXH
VHIDODHVWiQDIURQWHLUDHQWUHRHXHRRXWUR$VVLPDOtQJXDVyVHFRQYHUWHHPOtQJXDSUySULD
TXDQGR R IDODQWH D H[SHULPHQWD FRP VXDV LQWHQo}HV VHX DFHQWR LVWR p TXDQGR VH DSURSULD
DGDSWDQGRDjVXDSUySULDLQWHQomRVHPkQWLFDHH[SUHVVLYD *21=È/(=
ϭϯϴ
VH WUDGX]p XP DWR GH FULDomRGH UHILJXUDomR RX VHMD QmR p XPD FySLD8P
GL]HURPHVPR (&2 8PLJXDODUGHFDUDFWHUHV
6HRWUDGXWRUQmRFRSLDQHPUHVWLWXLXPRULJLQDOpSRUTXHHVWH
VREUHYLYH H VH WUDQVIRUPD$ WUDGXomR VHUi HP UHDOLGDGH XP
PRPHQWRGHVHXSUySULRFUHVFLPHQWRGHXPDVDWLVIDomRTXHYDL
FUHVFHQGRQRDWRGHWUDGX]LU0DVRFUHVFLPHQWRQmRGHYHGDU
OXJDU D QHQKXPD IRUPD HP QHQKXPD GLUHomR 2 FUHVFLPHQWR
GHYH FXPSULUVH HQFKHUVH FRPSOHWDUVH >@ ( VH R RULJLQDO
UHFODPDXPFRPSOHPHQWRpTXHRULJLQDULDPHQWHQmRHVWDYDDOL
VHP FDUrQFLDV FKHLR FRPSOHWR WRWDO LGrQWLFR D VL PHVPR
'(55,'$S
$WUDGXomRpDEXVFDSHODLQWHQomRGRWH[WRGDIDODGR D DXWRU D 1mR
VLJQLILFD VRPHQWH WUDQVIHULU SDODYUD SRU SDODYUD PDV FRPXQLFDU VHQWLGRV SRU
VHQWLGRV&RPSUHHQGHUXPDOtQJXDGLIHUHQWHLPSOLFDFRQKHFHUDVVLJQLILFDo}HV
DVDOXV}HVDVWRQDOLGDGHVRVULWPRVTXHVHPRGLILFDPLQH[RUiYHOHYHOR]PHQWH
±IOXLGDPHQWH
7UDGX]LUpHVWDEHOHFHUGLiORJRe³GL]HUDPHVPDFRLVDGHPRGRGLIHUHQWH´
5,&2(85 S e ³WUDLU FULDWLYDPHQWH´ 5,&2(85 S
7UDGX]LU HQWmR QmR p XP PHFDQLVPR VLPSOHVPHQWH GH FRGLILFDomR H
GHFRGLILFDomRGHSDODYUDV"1mRSRLVRVPDWL]HVGDOLQJXDJHPHVWmRHPMRJR
2 D WUDGXWRU D SDVVDDVHUXPLQWpUSUHWH,QWpUSUHWHGHWHPDVGHDWLWXGHVGH
YDORUHV GH FRQWH~GRV FXOWXUDLV DVVLP FRPR XP FUtWLFR QR DWR GH WUDGX]LU
67(,1(5 $TXHOH D TXHLQWHUSUHWD WUDGX] FRORFDDVXDSHUVRQDOLGDGH
HPXPHQWUHOXJDUHPUD]mRGDRXWUDOtQJXDHPTXHVHHVWiWUDGX]LQGRSRLVR
GHVHMR GH WUDGX]LU HVWi HQ[HUWDGR QHVVD FXULRVLGDGH VREUH R HVWUDQJHLUR R
GLIHUHQWH %(50$1
8PD YH] TXH D WUDGXomR p XPD DUWH KXPDQD Ki DVSHFWRV TXH DV
RSHUDo}HV PRUIRVVLQWiWLFDV QmR GmR FRQWD QR DWR GH WUDGX]LU GH LQWHUSUHWDU
$VSHFWRVHVVHVTXHVHFRPXQLFDPFRPFRQWH[WRV$OLiVRYHUERFRPXQLFDUp
XPHOHPHQWRTXHHVWDEHOHFHDUD]mRGHVHUGDWUDGXomR3RUWDQWRDVSHFWRVTXH
FRPXQLFDP FRP FRQWH[WRV OLQJXtVWLFR WH[WXDO VLWXDFLRQDO H VyFLRKLVWyULFR
%+$%+$ eXPDUHODomRGHFRPXQLFDomRHPEXVFDGR³VHQWLGRFRPR
UHIHUHQWH´ 5,&2(85S HFRP³RTXHVHGL]HPVXDUHODomRFRPR
TXHVHHVWiVHQGRGLWR 5,&2(85S 3RUFRPXQLFDUVHFRPHVVHV
FRQWH[WRV R DWR GH WUDGX]LU H[WUDSROD D DWLYLGDGH IXQFLRQDO GH XPD WUDGXomR
FRQGLFLRQDGDjGHFLIUDJHPPHUDPHQWHOLQJXtVWLFD
ϭϯϵ
ϭϰϬ
FRPXQLFDU R TXH PH DSDUHFH FRPR VHQWLGRV GLDQWH GH YLYrQFLDV %(1-$0,1
6HQGR DVVLP PRELOL]R XP VHQWLGR GH DSUHQGL]DJHP KLVWyULFD FRPR
WUDGXomR GH H[SHULrQFLDV QR kPELWR GR HQVLQR GH +LVWyULD FDSD] GH DUWLFXODU
VDEHUHV TXH ³WrP VHQWLGR H YDORU VRPHQWH HP UHIHUrQFLD jV UHODo}HV TXH R
VXMHLWRSURGX]FRPRPXQGRFRQVLJRHFRPRVRXWURV´ *$%5,(/S
(VWD DSUHQGL]DJHP KLVWyULFD PRYLPHQWDVH HP XPD ³ILJXUD GR DSUHQGHU >TXH@
RIHUHoD DSRVVLELOLGDGH GH H[SORUDU D UHODomR FRP R FRQKHFLPHQWR FRPR XPD
UHODomRHSLVWrPLFDHLGHQWLWiULDTXHRSHUDFRPP~OWLSORVVHQWLGRVRXILJXUDVGH
DSUHQGL]DJHP´ *$%5,(/S 7UDGXomRGHH[SHULrQFLDVpXP
VHQWLGRGHDSUHQGL]DJHPFRQVWUXtGRDWUDYpVGHXPDKDELOLGDGHGHVDEHUHVTXH
Yr SRU H[HPSOR D UHOLJLmR FRPR XP ³DSUHQGL]DGR TXH VH UHFRQVWUyL
FRQWLQXDPHQWHHPIXQomRGDVQRYDVH[SHULrQFLDVHPXGDQoDVQDUHDOLGDGHH
GRGLiORJRFRPQRYRVDUJXPHQWRV´ &(55,S
3RUWDQWRXPDSURSRVWDGHVHQWLGRGHDSUHQGL]DJHPHPUHODomRFRPHVVD
SHUVSHFWLYDWHyULFDQmRVHOLPLWDDXPDOyJLFDFRJQLWLYDGHDSUHQGL]DJHPFRPR
XPDIRUPDGHFRQKHFHUSRUH[HPSORDWHPiWLFDUHOLJLmRHQTXDQWRXPOXJDUGH
UHODo}HV TXH Vy SRGHULD VHU FRPSUHHQGLGD DWUDYpV GD EXVFD GR IHQ{PHQR
UHOLJLRVRHPVLPHVPRRXVHMDGDFRGLILFDomRHGHFRGLILFDomRGHXPDHYHQWXDO
HVVrQFLD UHOLJLRVD VHQWLGR ~OWLPR GH H[LVWrQFLDPHWDItVLFD H DVVLP VH
GLVWDQFLDU VRFLDO H FXOWXUDOPHQWH GH RXWURV PRGRV GH UHODomR TXH HVVD
DSUHQGL]DJHP LPSOLTXH 8PD DSUHQGL]DJHP FRPR WUDGXomR GH H[SHULrQFLDV
VREUHUHOLJLmRQRHQVLQRGH+LVWyULDVHPRYHHPIXQomR
GDVSUiWLFDVUHOLJLRVDV>TXH@GHYHPSRUWDQWRSURFXUDUHQWHQGHU
D IRUPDomR GD FDWHJRULD JHQHUDOL]DQWH ³D UHOLJLmR´ FRPR XP
FyGLJRFXOWXUDOFRPVHQWLGRVYDULDGRVLQYHVWLJDQGRPHGLDo}HV
HPSUpVWLPRV FUX]DPHQWRV GLIXV}HV KLEULGDo}HV H
PHVWLoDJHQV 2V REMHWRV LQWHOHFWXDLV GH SHVTXLVD QmR VmR
GHVVDIRUPDHVWUXWXUDVHVVHQFLDOL]DQWHVGHXPHVStULWRKXPDQR
FRPFRQWH~GRXQLYHUVDOHPIRUPDVGLIHUHQFLDGDV$RFRQWUiULR
VmR SURGXWRV KLVWyULFRV HP UHODo}HV HVSHFtILFDV TXH VH
FRPXQLFDP DWUDYpV GH SURFHVVRV GH JHQHUDOL]Do}HV 6,/9$
S
'LDQWH GR H[SRVWR D ILP GH UHDOL]DU XP H[HUFtFLR GH ³WUtSOLFH PLPHVH´
FRQIRUPHDSURSRVWDGHVWHWUDEDOKRVHOHFLRQRXPDTXHVWmRGR([DPH1DFLRQDO
ϭϰϭ
GR (QVLQR 0pGLR (1(0 UHODFLRQDGD j WHPiWLFD UHOLJLmR QD iUHD GH
&LrQFLDV+XPDQDV
4XHVWmR
$PDLRUSDUWHGDVagressõesHmanifestações discriminatóriasFRQWUDDV
UHOLJL}HVGHPDWUL]HVDIULFDQDVRFRUUHPHPORFDLVS~EOLFRV eQDUXDQD
YLDS~EOLFDTXHWLYHUDPOXJDUPDLVGHGDVDJUHVV}HVJHUDOPHQWHHPORFDLV
SUy[LPRV jV casas de culto GHVVDV UHOLJL}HV 2 WUDQVSRUWH S~EOLFR WDPEpP p
DSRQWDGRFRPRXPORFDOHPTXHRVDGHSWRVGDVUHOLJL}HVGHPDWUL]HVDIULFDQDV
VmR discriminados JHUDOPHQWH TXDQGR VH HQFRQWUDP paramentados SRU FRQWD
GRVpreceitos religiosos JULIRVQRVVRV
5(*2/))216(&$'35*,$&20,1,60&DUWRJUDILDVRFLDO
GHWHUUHLURVQR5LRGH-DQHLUR5LRGH-DQHLUR38&5LR
$V SUiWLFDV GHVFULWDV QR WH[WR VmR LQFRPSDWtYHLV FRP D GLQkPLFD GH XPD
VRFLHGDGHODLFDHGHPRFUiWLFDSRUTXH
D DVVHJXUDPDVH[SUHVV}HVPXOWLFXOWXUDLV
E SURPRYHPDGLYHUVLGDGHGHHWQLDV
F IDOVHLDPRVGRJPDVWHROyJLFRV
G HVWLPXODPRVULWXDLVVLQFUpWLFRV
H UHVWULQJHPDOLEHUGDGHGHFUHGR
*DEDULWRGDTXHVWmROHWUDH
7UtSOLFH mimese p XPD DUWLFXODomR HQWUH WHPSR H QDUUDWLYD 5,&2(85
(QHVVDQDUUDWLYDDSDUHFHXPD³LQWULJD´ 5,&2(85S XP
HQWUHODoR XP HQUHGR TXH FULD XPD LQWHOLJLELOLGDGH D SDUWLU GH HOHPHQWRV
GLVSHUVRVeFRPDLQWULJDSRUWDQWRTXHXQLILFDPRVHDUWLFXODPRVRVVHQWLGRV
GHVVHVHOHPHQWRVVROWRVDSDUWLUGHXPDHVWUXWXUDWHPSRUDO
A mimeseXVXDOPHQWHWUDGX]LGDFRPRLPLWDomRpDTXLHQWHQGLGDFRPR
ILJXUDomR QR VHQWLGR GH ILJXUDU D UHDOLGDGH SRU XPD UHSUHVHQWDomR TXH
H[WUDSRODULDDLPLWDomRRXVHMDHVWDH[WUDSRODomRWHPDYHUFRPDFDSDFLGDGH
GH UHIUDWDU VHQWLGRV TXH HVWmR DORFDGRV HP DOJXPD IRUPD QDUUDWLYD ,VWR p
ϭϰϮ
TXDQGRH[SUHVVRDOJRPRGLILFRGLUHWDPHQWHRVHQWLGRQDH[SUHVVmRTXHTXHUR
GDU 0$57,16%$5%26$*$%5,(/ $VVLPRVVHQWLGRVWRPDPQRYDV
FRQRWDo}HV
$mimesepXPDIRUPDGH UH ILJXUDUVHQWLGRVPRGLILFDQGRRV UHIUDWDQGR
RV 3DUD3DXO5LFRHXU XPWH[WR REUD SRUH[HPSORSRGHVHUYLVWRHP
WUrVPRPHQWRVmimese,mimese,,Hmimese,,,
$mimese,pDILJXUDomRDQWHVGRWH[WR REUD VHUH[HFXWDGRTXHWHPXP
IXQGR DQWHFHGHQWH FRP XPD ILJXUDomR WHPSRUDO SUySULD RX VHMD VRE XP
FRQWH[WRGRWH[WRTXHGHSHQGHGRWHPSRGDFXOWXUDGDOtQJXDHPTXHVHIRL
HVFULWReRQGHDREUDVHWRUQDSRVVtYHO$mimese,,pDFRQILJXUDomRWHPSRUDO
TXHVHGDUiDRWH[WRPRGLILFDQGRDSUHILJXUDomRHPXPDFRQILJXUDomRQDTXDO
YDL DSDUHFHU R VHQWLGR R PXQGR GR WH[WR (VWH PXQGR GR WH[WR WUDUi HIHLWRV
QDUUDWLYRV VREUH R D OHLWRU D 3RU VXD YH] WDLV HIHLWRV FDUDFWHUL]DP D
³UHILJXUDomR´ R TXH 5LFRHXU FKDPD GH mimese ,,, QD TXDO H[LVWH D
SRVVLELOLGDGH GH FULDU QRYRV VHQWLGRV SHORV LPSDFWRV GR WH[WR QR ³PXQGR GR
OHLWRU´ *$%5,(/S
$VVLP D UHODomR WHPSRUDO FRP R WH[WR QDUUDWLYD FDUDFWHUL]DVH SHOD
H[SHULrQFLDSUySULDTXHKiDQWHVGRWH[WR mimese , SHODH[SHULrQFLDTXHVHUi
FULDGDQRWH[WR mimese,, HSHORWH[WRQDH[SHULrQFLD mimese,,, WUDWDQGRVH
GHXPD³HVSLUDOVHPILPTXHID]DPHGLWDomRSDVVDUVHPSUHSHORPHVPRSRQWR
PDVQXPDDOWLWXGHGLIHUHQWH´ 5,&2(85S
$SDUWLUGD4XHVWmRGR(1(0H[SRVWDDFLPDDTXDOVHUHODFLRQD
jWHPiWLFDUHOLJLmRPDSHLRXPVHQWLGRGHDSUHQGL]DJHPKLVWyULFDFRPRWUDGXomR
GHH[SHULrQFLDVFRPEDVHQD³WUtSOLFHPLPHVH´ 5,&2(85
'H DFRUGR FRP R WH[WR GD 4XHVWmR PLQKD LQWHQomR p GHVHQYROYHU
DVSHFWRV TXH PH DMXGHP D SHQVDU VRFLDO H FXOWXUDOPHQWH VREUH D WHPiWLFD
UHOLJLmR QR HQVLQR GH +LVWyULD ,VVR LPSOLFD TXHVWLRQDU R TXH DSUHQGR TXDQGR
SHQVRQDWHPiWLFDUHOLJLmRQRHQVLQRGH+LVWyULD"
$SDUWLUGRHQWHQGLPHQWRGD³WUtSOLFHPLPHVH´WUDWRDTXHVWmRVXSUDFLWDGD
FRPR XP FDPLQKR TXH DSRQWD SDUD RV DVSHFWRV SUHILJXUDomR FRQILJXUDomR H
UHILJXUDomR QD DSUHQGL]DJHP KLVWyULFD FRPR WUDGXomR GH H[SHULrQFLDV
&RQIRUPHDmimese, SUHILJXUDomR FRPSUHHQGRTXHD4XHVWmRPHOHYDD
ϭϰϯ
XP FRQWH[WR GH WUDEDOKR FDUWRJUiILFR VRFLDO TXH WHYH FRPR REMHWLYR PDSHDU
WHUUHLURVQRHVWDGRGR5LRGH-DQHLUR 5- DILPGHTXHKRXYHVVHGHVFULo}HV
SDUDDHODERUDomRGHXPWH[WRTXHWUDWDVVHGRFDUiWHUODLFRHGHPRFUiWLFRGH
XPDVRFLHGDGHPDUFDGDSRUUHOLJL}HVGHPDWUL]HVDIULFDQDV
3HODmimese,, FRQILJXUDomR VXEOLQKHLQDTXHVWmRH[SUHVV}HVTXHPH
DSRQWDVVHP SDUD XP VHQWLGR TXH FDUDFWHUL]DVVH R PXQGR GR WH[WR ³QR TXDO
SRGHUtDPRV PRUDU H GHVGREUDU QRVVDV SRWHQFLDOLGDGHV´ 5,&2(85 S
WDLVFRPR³DJUHVV}HV´³PDQLIHVWDo}HVGLVFULPLQDWyULDV´³FDVDVGHFXOWR´
³GLVFULPLQDGRV´³SDUDPHQWDGRV´H³SUHFHLWRVUHOLJLRVRV´&RPHVWDVH[SUHVV}HV
IDoRXPDUHILJXUDomR mimese,,, SHORVVHQWLGRVTXHRPXQGRGRWH[WRRIHUHFH
SDUDPLPSDUDRPXQGRGROHLWRU
'LWRLVVRDVH[SUHVV}HVVXEOLQKDGDVGD4XHVWmRPHOHYDPDSHQVDU
QRPtQLPRHPWUrVIDWRUHVLQWROHUkQFLDPRUDGDHLGHQWLGDGH
$V H[SUHVV}HV ³DJUHVV}HV´ ³PDQLIHVWDo}HV GLVFULPLQDWyULDV´ H
³GLVFULPLQDGRV´ ID]HP FRP TXH R IDWRU GD LQWROHUkQFLD UHOLJLRVD YHQKD j WRQD
SULQFLSDOPHQWHSRUWUDWDUGHUHOLJL}HVGHPDWUL]DIULFDQDQDVRFLHGDGHEUDVLOHLUD
,QWROHUkQFLD UHOLJLRVD p XP DVVXQWR UHFRUUHQWH 3RU LVVR FRQIRUPH p
DSRQWDGRQRFRPDQGRGD4XHVWmRGR(1(0VREUHD³GLQkPLFDGHXPD
VRFLHGDGH ODLFD H GHPRFUiWLFD´ WRUQDVH LPSUHVFLQGtYHO SRU H[HPSOR TXH R
(VWDGR EUDVLOHLUR QmR SULYLOHJLH DOJXPD UHOLJLmR D ILP GH JDUDQWLU D OLEHUGDGH
UHOLJLRVDHGHFUHQoDSUHVHUYDQGRDWROHUkQFLDHQWUHDVUHOLJL}HVSHODDWXDomR
FLYLOVREUHFULPHVFRPHWLGRVDHODV
>@3DUDTXHXPJRYHUQRQmRWHQKDRGLUHLWRGHSXQLURGLUHLWR
GRVFLGDGmRVpQHFHVViULRTXHHVVHVHUURVQmRVHMDPFULPHV
HOHVVyVmRFULPHVTXDQGRSHUWXUEDPDVRFLHGDGHHSHUWXUEDP
DVRFLHGDGHDSDUWLUGRPRPHQWRHPTXHLQVSLUDPIDQDWLVPRp
SRUWDQWRQHFHVViULRTXHRVFLGDGmRV>UHOLJLRVRV@FRPHFHPSRU
QmR VHU IDQiWLFRV SDUD FRQTXLVWDUHP D WROHUkQFLD $85e/,2
S
/RJR SDUD XPD VRFLHGDGH TXH VH SUHWHQGH ODLFD H GHPRFUiWLFD p
QHFHVViULRTXHDWROHUkQFLDVHMDRHORGHHQFRQWURVHQWUHDVUHOLJL}HVXPDYH]
TXH HODV VmR PDQLIHVWDo}HV VRFLDLV GH FUHQoDV SDUWLFXODUHV TXH DWXDP QD
IRUPDomRFLGDGm
$H[SUHVVmR³FDVDVGHFXOWR´DLQGDTXHHVWHMDUHODFLRQDGDDRYLOLSrQGLR
WDPEpPPHYLQFXODDRIDWRUPRUDGD&DVDVGHFXOWRWHPSORVWHUUHLURVSRGHP
ϭϰϰ
VHU FRPSUHHQGLGRV FRPR XP ³ODU TXH VLPEROL]D R PXQGR IDPLOLDU VRFLDO
HFRQ{PLFR´ (/,$'(S GDTXHOHVTXHID]HPGHOHXPOXJDUSDUDDV
VXDVSUiWLFDVUHOLJLRVDV
$V H[SUHVV}HV ³SDUDPHQWDGRV´ H ³SUHFHLWRV UHOLJLRVRV´ SRU VXD YH]
DSRQWDPPH SDUD R IDWRU LGHQWLGDGH ,GHQWLGDGH FRPR XP OXJDU GH SHUWHQoD
4XDQWR j H[SUHVVmR ³SDUDPHQWDGRV´ HQWHQGR TXH DR IDODU GH UHOLJLmR
LJXDOPHQWH IDODVH GH SDUDPHQWRV ( RV SDUDPHQWRV UHODFLRQDPVH DR
³FRPSURPLVVR>@FRPDUHOLJLmRRXPHVPR>FRP@XPSURFHVVRGHLGHQWLILFDomR´
$/9(6-(686S 1HVWHVHQWLGRRIDWRULGHQWLGDGHWHPDYHUFRP
R YDORU VLPEyOLFR UHOLJLRVR DWULEXtGR QD FRPXQLFDomR HQWUH R LQGLYtGXR
SDUDPHQWDGRHRVHXVDJUDGRXPDYH]TXH³QDVGLYHUVDVUHOLJL}HVDYHVWLPHQWD
>SDUDPHQWRV@pXPDOLQJXDJHPVLPEyOLFDLPSRUWDQWHSDUDWRGRRJUXSRUHOLJLRVR
$/9(6-(686S $UHVSHLWRGDH[SUHVVmR³SUHFHLWRVUHOLJLRVRV´
HODWDPEpPVHYLQFXODjLGHQWLGDGHYLVWRTXHSUHFHLWRVUHOLJLRVRVGLUHFLRQDPH
UHVSRQGHP DRV DQVHLRV GD YLGD GH XPD FRPXQLGDGH UHOLJLRVD $VVLP
³FRQKHFHQGRSUHFHLWRVHGRJPDV>@IDVHGHPXLWDUHOHYkQFLDpTXHRLQGLYtGXR
WHP D RSRUWXQLGDGH GH IDPLOLDUL]DUVH >@ FRP D VXD IXWXUDIDPtOLD >GD Ip@´
$/9(6-(686S
3RUWDQWR R VHQWLGR GH DSUHQGL]DJHP KLVWyULFD FRPR WUDGXomR GH
H[SHULrQFLDV D SDUWLU GHVWH H[HUFtFLR GH ³WUtSOLFH PLPHVH´ VH FRQVWLWXL XPD
³LGHQWLGDGH QDUUDWLYD´ 5,&2(85 QD PHGLGD HP TXH DV FDWHJRULDV
WUDGXomRHH[SHULrQFLDVSRGHPFRQMXJDUQRYDVILJXUDo}HVTXHGHHPVHQWLGRVD
DIHWRVFRQVWUXtGRVSRUH[HPSORDSDUWLUGDQDUUDWLYDGHXPWH[WR 4XHVWmR
>@ SRGHPRV GL]HU TXH DOJXpP DSUHQGHX DOJXPD FRLVD QmR
TXDQGR IRU FDSD] GH FRSLDU H SURGX]LU R TXH Mi H[LVWLD PDV
TXDQGR DOJXpP UHVSRQGH DR TXH QmR p IDPLOLDU DR TXH p
GLIHUHQWH DR TXH GHVDILD LUULWD RX DWp SHUWXUED (QWmR D
DSUHQGL]DJHP VH WRUQD XPD FULDomR RX XPD LQYHQomR XP
SURFHVVRGHLQWURGX]LUDOJRQRYRQRPXQGRDUHVSRVWD~QLFDGH
DOJXpP %,(67$S
$ ³LGHQWLGDGH QDUUDWLYD´ 5,&2(85 SRLV HVWi SUHVHQWH QHVWH
VHQWLGRGHDSUHQGL]DJHPKLVWyULFDXPDYH]TXHHODVHFRQILJXUDXPDIRUPDGH
WUDGX]LU DIHWRV H[SHULrQFLDV D SDUWLU GR ³HQFRQWUR GR PXQGR GR WH[WR FRP R
PXQGRGROHLWRUGHPRGRTXHpQDQDUUDWLYDTXHRVHQWLGRGRVVDEHUHVQRWHPSR
ϭϰϱ
ϭϰϲ
$85e/,2'LRJR3LUHV8PILRGHQDGDHQVDLRVREUHDWROHUkQFLD6mR3DXOR
(GLWRUD:0)0DUWLQV)RQWHV
%+$%+$+RPPL2ORFDOGDFXOWXUD%HOR+RUL]RQWH(GLWRUD8)0*
%(1-$0,1:DOWHU([SHULrQFLDHSREUH]D,Q2DQMRGDKLVWyULD%HOR
+RUL]RQWH$XWrQWLFD(GLWRUD
%(50$1$QWRLQH/¶pSURXYHGHO¶pWUDQJHU3DULV*DOOLPDUG
%,(67$*HUW3DUDDOpPGDDSUHQGL]DJHPHGXFDomRGHPRFUiWLFDSDUDXP
IXWXURKXPDQRHG5HLPS%HOR+RUL]RQWH$XWrQWLFD(GLWRUD
%21'Ë$-RUJH/DUURVD1RWDVVREUHDH[SHULrQFLDHRVDEHUGHH[SHULrQFLD
5HYLVWD%UDVLOHLUDGH(GXFDomR5LRGH-DQHLUR$13(GQS
'LVSRQtYHOHP
KWWSVZZZVFLHOREUMUEHGXD<FF4']=.F<9VS&1VS=9'[&$FHVVRHP
MDQ
&(55,/XLV)HUQDQGR'LGiWLFDGD+LVWyULDXPDOHLWXUDWHyULFDVREUHD+LVWyULD
QDSUiWLFD5HYLVWDGH+LVWyULD5HJLRQDOYQS
'LVSRQtYHOHP'2,5HY+LVW5HJv15i2$FHVVRHPGH]
'(0285$&$68=81-5&5(/,*,®(6/$,&,'$'(((16,12'(
+,67Ï5,$',È/2*26&8/785$,63$5$275$%$/+2(06$/$'($8/$
3URMHWR+LVWyULD6mR3DXORYSMDQDEU'LVSRQtYHOHP
'2,KWWSG[GRLRUJYS$FHVVRHP
GH]
'(55,'$-DFTXHV7RUUHVGH%DEHO7UDGXomRGH-~QLD%DUUHWR%HOR
+RUL]RQWH(G8)0*
'e7,(11(0DUFHO&RPSDUHUO¶LQFRPSDUDEOH3DULV6HXLO
(&28PEHUWR4XDVHDPHVPDFRLVDH[SHULrQFLDVGHWUDGXomR6mR3DXOR
5HFRUG
(//(5',QWURGXomRj$QWURSRORJLDGDUHOLJLmR7UDGXomR*HQWLO$YHOLQR
7LWWRQ3HWUySROLV(GLWRUD9R]HV
(/,$'(0LUFHD2VDJUDGRHRSURIDQR6mR3DXOR0DUWLQV)RQWHV
(1(0±([DPH1DFLRQDOGR(QVLQR0pGLR,1(3,QVWLWXWR1DFLRQDOGH
(VWXGRVH3HVTXLVDV(GXFDFLRQDLV$QtVLR7HL[HLUD0LQLVWpULRGD(GXFDomR
'LVSRQtYHOHPKWWSVZZZJRYEULQHSSWEUDUHDVGHDWXDFDRDYDOLDFDRH
H[DPHVHGXFDFLRQDLVHQHPSURYDVHJDEDULWRV$FHVVRHPGH]
ϭϰϳ
(648('$0DULOHLGH'LDV7HRULDVGHWUDGXomRHDTXHVWmRGDpWLFD%DXUX
0LPHVLVYQS'LVSRQtYHOHP
KWWSVVHFXUHXQLVDJUDGRHGXEUVWDWLFELEOLRWHFDPLPHVLVPLPHVLVBYBQB
BDUWBSGI$FHVVRHPMDQ
*$%5,(/&DUPHQ7HUHVD5HODomRFRPRVDEHUXPDSURSRVWDGHUHOHLWXUD
SyVIXQGDFLRQDO,Q/23(6$&2/,9(,5$$/0GH2/,9(,5$**6
GH 2UJV ,Q$WHRULDGRGLVFXUVRQDSHVTXLVDHPHGXFDomR5HFLIH(GLWRUD
8)3(S
BBBBBBBBBBBBBBBBBBBBB7HRULDGD+LVWyULD'LGiWLFDGD+LVWyULDHQDUUDWLYD
GLiORJRVFRP3DXO5LFRHXU5HYLVWD%UDVLOHLUDGH+LVWyULD6mR3DXORY
QS'LVSRQtYHOHP
KWWSVZZZVFLHOREUMUEKD/50*5*/%/G-MJ\JF=\T"IRUPDW SGI ODQJ S
W$FHVVRHPMDQ
*21=È/(=9LFWRULD3LQHGD0DULDeFIUDVLVH[HPSOXPHQiUJHLD/XLV
&HUQXGD\ODSRHVtDGHODHYLGHQFLD%DUFHORQD&DODPEXU
0$57,160DUFXV/HRQDUGR%RPILP$SUHQGL]DJHPKLVWyULFDFRPRWUDGXomR
HIHLWRVVREUHDDYDOLDomRHVFRODU,Q*$%5,(/&DUPHQ7HUHVD0$57,16
0DUFXV/HRQDUGR%RPILP$1'5$'(-XOLDQD$OYHV 2UJV $SUHQGL]DJHPH
DYDOLDomRGDKLVWyULDQDHVFRODTXHVW}HVHSLVWHPROyJLFDVHG5LRGH
-DQHLUR0DXDG;)$3(5-S
0$57,160DUFXV/HRQDUGR%RPILP%$5%26$$OH[DQGUH5RGULJXHVGH
)ULDV*$%5,(/&DUPHQ7HUHVD5HILJXUDo}HVQDUUDWLYDVGLVFHQWHVQDVDXODV
GH+LVWyULDUHIOH[}HVVREUHDSUHQGL]DJHQVGHVVDGLVFLSOLQDHVFRODU5HYLVWD
+LVWyULD+RMHYROQS'LVSRQtYHOHP
KWWSVUKKMDQSXKRUJ5++-DUWLFOHYLHZ$FHVVRHPMDQ
5,&2(853DXO$PHPyULDDKLVWyULDRHVTXHFLPHQWR&DPSLQDV
8QLFDPS
BBBBBBBBBBBBB2Q7UDQVODWLRQ1HZ<RUN5RXWOHGJH
BBBBBBBBBBBBB7HPSRHQDUUDWLYD±7RPR,&DPSLQDV3DSLUXV
BBBBBBBBBBBBB7HPSRHQDUUDWLYD±7RPR,,,&DPSLQDV633DSLUXV
.26(//(&.5HLQKDUW)XWXUR3DVVDGR&RQWULEXLomRjVHPkQWLFDGRV
WHPSRVKLVWyULFRV5LRGH-DQHLUR&RQWUDSRQWR(GLWRUD38&5-
6,/9$(OLDQH0RXUDGD(QWUH5HOLJLmR&XOWXUDH+LVWyULDD(VFROD,WDOLDQDGDV
5HOLJL}HV,Q0$5$1+2),/+2(GXDUGR0HLQEHUJGH$OEXTXHUTXH 2UJ
5HOLJL}HVH5HOLJLRVLGDGHVHP FRQ WH[WRV&RQIHUrQFLDHPHVDGR6LPSyVLR
6XGHVWHGD$%+56LPSyVLR,QWHUQDFLRQDOGD$%+5GLYHUVLGDGHVH
LQ WROHUkQFLDVUHOLJLRVDV6mR3DXOR)RQWH(GLWRULDO
ϭϰϴ
67(,1(5*HRUJH'HSRLVGH%DEHODVSHFWRVGD/LQJXDJHPH7UDGXomR
2[IRUG2[IRUG3DSHUEDFNV
:,(%('RQDOG5HOLJLmRH9HUGDGHUXPRDXPSDUDGLJPDDOWHUQDWLYRSDUDR
HVWXGRGDUHOLJLmR6mR/HRSROGR(GLWRUD6LQRGDO
ϭϰϵ
2&8/7,92'$0(0Ï5,$3$5$$/e0'235Ï35,23$66$'2
2067(2(16,12'(+,67Ï5,$+(*(0Ð1,&2
-XOLD3HWUDWR
,QWURGXomR
“A história serve para que se perceba o ser do presente como
devir, como parte de um processo marcado por rupturas e
descontinuidades, mas também por continuidades e
permanências.” (ALBUQUERQUE JÚNIOR. 2012)
(VWHDUWLJRHVWXGDDUHODomRGR0RYLPHQWRGRV7UDEDOKDGRUHV5XUDLV6HP
7HUUD 067 FRP D 5HIRUPD $JUiULD SRVVXLQGR FRPR REMHWLYR LGHQWLILFDU DV
PHPyULDV FRQVWUXtGDV GHQWUR GR PRYLPHQWR HP UHODomR j UHIRUPD DJUiULD
WDPEpP WUDEDOKDUHPRV FRP VXDV QRo}HV VREUH KLVWyULD H VHX HQVLQR VHXV
YDORUHV GH YHUGDGH 2 REMHWLYR GR WUDEDOKR p DQDOLVDU GLIHUHQWHV HVSDoRV GH
SURGXomRGRVVDEHUHVKLVWyULFRV8PHVWiUHODFLRQDGRDRORFDOKHJHP{QLFRGH
SURGXomRROLYURGLGiWLFRHistória - passado e presente: do século XX aos dias
de hoje,HVFULWRSRU*LVODQH$]HYHGRH5HLQDOGR6HULDFRSLSXEOLFDGRSHODHGLWRUD
ÈWLFDHP1HOHVHUiDQDOLVDGDDDUWLFXODomRGD5HIRUPD$JUiULDHQTXDQWR
FRQWH~GR (QWHQGHPRV TXH D WHPiWLFD SRGH VHU DERUGDGD HP GLYHUVRV
FRQWH~GRVSRUWDQWRVHOHFLRQDPRVXPOLYURGLGiWLFRTXHHVWiPDLVGLUHFLRQDGR
DR SHUtRGR WHPSRUDO TXH LQFRUSRUD R VpFXOR ;; H DV GHPDQGDV GR WHPSR
SUHVHQWH%XVFDUHLFRPSUHHQGHUFRPRpIHLWDDDUWLFXODomRGDTXHVWmRDJUiULD
HPUHODomRjVQRo}HVGHVXMHLWRDGRWDGDVSHOROLYURWHPSRUDOLGDGHVHYDORUHV
(PFRQWUDSDUWLGDGHIRUPDDDQDOLVDUXPHVSDoRGHVDEHUHVKLVWyULFRV
QmR KHJHP{QLFRV D DQiOLVH VHUi IHLWD DWUDYpV GR HQWHQGLPHQWR GR HQVLQR GH
KLVWyULDHDFRPSUHHQVmRGD5HIRUPD$JUiULDDSDUWLUGR0RYLPHQWR5XUDOGRV
7UDEDOKDGRUHV 6HP 7HUUD 067 'HVVD IRUPD DR GHFRUUHU GD HVFULWD D
DERUGDJHP HP WRUQR GDV PHPyULDV FRQVWUXtGDV GHQWUR GR PRYLPHQWR HP
UHODomR j WHPiWLFD DUWLFXODQGR RV PHVPRV FRQFHLWRV $OpP GLVVR SDUWH GD
*UDGXDQGDHP+LVWyULD8QLYHUVLGDGH)HGHUDOGH-XL]GH)RUDMXOLDIHUUDUH]LSHWUDWR#JPDLO
ϭϱϬ
LQVHUomRQRPRYLPHQWRDQDOLVDDSUiWLFDGRHQVLQRGHKLVWyULDQDHVFRODGR067
QR$VVHQWDPHQWR'rQLV*RQoDOYHV0*SDUWLQGRGRGLiORJRFRPDSURIHVVRUD
GH +LVWyULD EXVFDQGR FRPSUHHQGHU FRPR HOD HQVLQD HVVD WHPiWLFD SDUD RV
DOXQRVGR(QVLQR)XQGDPHQWDOH(-$eSUHFLVRGHVWDFDUTXHFRQVLGHUDPRVD
HVFRODGR067FRPRXPHVSDoRHVFRODUGHSURGXomRGHVDEHUHVKLVWyULFRVPDV
QmRKHJHP{QLFRWHQGRHPYLVWDTXHWUDEDOKDPDSDUWLUGHXPDHGXFDomRYROWDGD
SDUDRFDPSRHSDUDVXMHLWRVTXHVmRYtWLPDVGRVLOHQFLDPHQWRGD+LVWyULD
$ HVFROKD SHOR ORFDO GH LPHUVmR GD SUiWLFD IRL SRU FRPSUHHQGHU D
LPSRUWkQFLDKLVWyULFDGRDVVHQWDPHQWR'rQLV*RQoDOYHVORFDOL]DGRHP*RLDQi
0*SRUVHURPDLRUDVVHQWDPHQWRGRPRYLPHQWRVHPWHUUDQDUHJLmRGD=RQD
GD 0DWD H SRVVXLU WDPEpP XPD UHOHYkQFLD TXH QmR VH LQLFLD VRPHQWH FRP R
SURFHVVR GH RFXSDomR GR WHUULWyULR $R QRV GHVORFDUPRV SDUD R SDVVDGR
VDEHPRV TXH R DVVHQWDPHQWR HVWi ORFDOL]DGR QR WHUULWyULR GD DQWLJD )D]HQGD
)RUWDOH]DGH6DQWDQDTXHRFXSDXPWHUULWyULRGHKDHTXHIRLGRDGDDRV
SULPHLURVGRQRVDLQGDQRSHUtRGRFRORQLDOGR%UDVLOYLDVHVPDULDeLPSRUWDQWH
FRPSUHHQGHUTXHDID]HQGDRFXSDYDXPDIXQomRLPSRUWDQWHSDUDRFRPpUFLRH
SURGXomRGHFDIpQRSHUtRGRFRORQLDOHTXHXWLOL]DYDDPmRGHREUDHVFUDYL]DGD
SDUDHVVDIDEULFDomR
$LQGDKRMHQRDVVHQWDPHQWRpSRVVtYHOHQ[HUJDUDKLVWyULDWRUQDUHODPDLV
SUy[LPDDRROKDUWHQGRHPYLVWDTXHDHVWUXWXUDGDID]HQGDHVWiGHSpDLQGD
TXHQmRHPFRQGLo}HVLGHDLVGHYLGRDIDOWDGHWRPEDPHQWR(PDDQWLJD
ID]HQGD FDIHHLUD IRL GHVDSURSULDGD SDUD D UHIRUPD DJUiULD DSyV XP JUDQGH
SURFHVVRGHRFXSDomRGDVIDPtOLDVVHPWHUUDHDWXDOPHQWHDEULJDPDLVGH
IDPtOLDVDVVHQWDGDVQRWHUULWyULR
1HVVHVHQWLGRDHVFROKDSHORDVVHQWDPHQWRSDUDDSUiWLFDSDUWLXGHXPD
LQLFLDWLYD GH FRPSUHHQGHU SULPHLUR D LPSRUWkQFLD GD KLVWyULD GD UHJLmR SDUD R
SURFHVVRGHOXWDGRPRYLPHQWRVRFLDOHDOpPGLVVREXVFDUDQDOLVDUDVUHODo}HV
HQWUHHVVHSDVVDGRWmRSUHVHQWHQRWHUULWyULRFRPDYLGDGRVDVVHQWDGRVQRORFDO
(PVHJXQGREXVFDUDQDOLVDUFRPRRVXVRVGRSDVVDGRHRGLVFXUVRHPWRUQR
GD UHIRUPD DJUiULD FRQILJXUDP D FDSDFLGDGH RUJDQL]DWLYD GR PRYLPHQWR H
SRWHQFLDOL]DPDFLUFXODomRGRVVDEHUHVKLVWyULFRVGHQWURGDHGXFDomRGRFDPSR
ϭϱϭ
2VLJQLILFDGRGH(GXFDomRQR067
3DUD FRPSUHHQGHU PHOKRU DV QRo}HV GR HQVLQR GH KLVWyULD GHQWUR GR
PRYLPHQWRSUHFLVDPRVUHVJDWDURVSULQFtSLRVGD(GXFDomRGR0671DVpULH
GH SXEOLFDo}HV LQWLWXODGDV Cadernos de Educação R PRYLPHQWR WRUQD S~EOLFR
XPKRUL]RQWHGHH[SHFWDWLYDHPWRUQRGDHGXFDomRQRFDPSRTXHVHMDYROWDGD
SDUDD5HIRUPD$JUiULDSUHWHQGHQGRDSUHVHQWDUVHXVREMHWLYRVHPpWRGRVSDUD
XPHQVLQRHPDQFLSDGRUHGHWUDQVIRUPDomRVRFLDODSDUWLUGH
³8PSURFHVVRSHGDJyJLFRTXHVHDVVXPHFRPRSROtWLFRRXVHMD
YLQFXODGR FRP RUJDQLFDPHQWH FRP RV SURFHVVRV VRFLDLV TXH
YLVDP D WUDQVIRUPDomR GD VRFLHGDGH DWXDO H D FRQVWUXomR
GHVGH Mi GH XPD QRYD RUGHP VRFLDO FXMRV SLODUHV SULQFLSDLV
VHMDPDMXVWLoDVRFLDODUDGLFDOLGDGHGHPRFUiWLFDHRVYDORUHV
KXPDQLVWDV H VRFLDOLVWDV´ &$'(512 '( ('8&$d2 1
S
(VVHVHVFULWRVWRUQDPHYLGHQWHVDVSHUVSHFWLYDVDVVXPLGDVHPWRUQRGD
QRomR GH (GXFDomR GR PRYLPHQWR D SDUWLU GH DOJXQV SULQFtSLRV GHILQLGRV QR
&DGHUQR GH (GXFDomR Q LQWLWXODGR 3ULQFtSLRV GD (GXFDomR GR 067
RUJDQL]DGRSRU5RVHOL6DOHWH&DOGDUWFRPR³Educação de Classe´TXHVHOHFLRQD
FRQWH~GRV H PpWRGRV TXH EXVFDP FRPSUHHQGHU R SURMHWR SROtWLFR GD FODVVH
WUDEDOKDGRUD FXMR FRPSURPLVVR p GHVHQYROYHU D FRQVFLrQFLD GH FODVVH H
FRQVFLrQFLDUHYROXFLRQiULD$³Educação Massiva´FXMRHQWHQGLPHQWRpDGHIHVD
GDHGXFDomRFRPRIHUUDPHQWDIXQGDPHQWDODTXHWRGRVGHYHPWHURGLUHLWR$
³Educação aberta para o mundo´RTXH³QmRTXHUGL]HUTXHQRVIHFKDPRVDRV
OLPLWHVGDQRVVDUHDOLGDGH´ &$'(512'(('8&$d21 FRQVLVWH
HP XPD HGXFDomR SUHRFXSDGD FRP D DEHUWXUD GH QRYRV KRUL]RQWHV FRP D
SURSRVWDGR³DXPHQWRGDGHQVLGDGHFXOWXUDO´GRVVXMHLWRV
$³Educação para a ação´pLQWHUHVVDQWHWHQGRHPYLVWDTXHVXDLQWHQomR
pSUHSDUDUVXMHLWRVFDSD]HVGHLQWHUYHQomRHWUDQVIRUPDomRSUiWLFDGDUHDOLGDGH
$TXL p QRWiYHO D SRVWXUD GR PRYLPHQWR DR FRPSUHHQGHU TXH QmR p VXILFLHQWH
GHVHQYROYHU D ³FRQVFLrQFLD FUtWLFD´ WmR HVWLPDGD SRU PXLWRV PDV SRXFR
HVWLPXODGD &$'(512'(('8&$d21 'HILQHPTXHRSURMHWRGH
HGXFDomRSURPRYHDFKDPDGD³FRQVFLrQFLDRUJDQL]DWLYD´TXHEXVFDSDVVDUGD
FUtWLFD j DomR RUJDQL]DWLYD H HVVD LUi JHUDU XPD SUiWLFD GH LQWHUYHQomR QD
UHDOLGDGH $R PHVPR WHPSR FRPSUHHQGHP TXH p LPSRUWDQWH WHU HP YLVWD
VHPSUHVHXVREMHWLYRVGHLQWHUYHQomRPDVQmRDEULUPmRGHXPORQJRHVWXGR
ϭϱϮ
WHyULFRHDEVWUDWRSRLVHVVHVQmRSRGHPVHUVXEVWLWXtGRV$FRQVWUXomRGHXPD
consciência organizativa HVWi DWUHODGD j XPD GLPHQVmR GH OHLWXUDV VREUH R
SDVVDGR WHQGR HP YLVWD TXH VRPHQWH D SDUWLU GHOD Ki D SURGXomR GH XPD
FRQGLomRGHSHUWHQFLPHQWRHLGHQWLILFDomRGRVWUDEDOKDGRUHVUXUDLVTXHRFRUUHX
GHYLGR DR FRQVWDQWH VLOHQFLDPHQWR GR PRYLPHQWR QRV ORFDLV KHJHP{QLFRV GH
SURGXomRGD+LVWyULD 3(5/ËS
³2TXHQmRSRGHPRVSHUGHUGHYLVWDpRREMHWLYRPDLRUGHWXGR
LVVRHTXHGL]UHVSHLWRQmRDXPVLPSOHVUHVJDWDUGDFKDPDGD
FXOWXUD SRSXODU PDV SULQFLSDOPHQWH DR SURGX]LU XPD QRYD
FXOWXUD XPD FXOWXUD GD PXGDQoD TXH WHP R SDVVDGR FRPR
UHIHUrQFLDRSUHVHQWHFRPRYLYrQFLDTXHDRPHVPRWHPSRHP
TXH SRGH VHU SOHQD HP VL PHVPD p WDPEpP DQWHFLSDomR GR
IXWXURQRVVRSURMHWRXWySLFRQRVVRKRUL]RQWH´ &$'(512'(
('8&$d2S
(SRUILPD³Educação aberta para o novo´LVWRpYROWDGDSDUDFRQVWUXLU
QRYDV UHODo}HV VRFLDLV EDVHDGD QDV H[SHULrQFLDV GRV VXMHLWRV VRPDGDV DRV
FRQKHFLPHQWRV GD VDOD GH DXOD 1HVVH VHQWLGR DSyV GHILQLU RV REMHWLYRV H
FDPLQKRV GD HGXFDomR QRV DVVHQWDPHQWRV R PRYLPHQWR GHILQH TXH ³R TXH
GHIHQGHPRVDWUDYpVGHVWHVSULQFtSLRVpDUHODomRQHFHVViULDTXHDHGXFDomRH
D HVFROD GHYHP WHU FRP RV GHVDILRV GR VHX WHPSR KLVWyULFR´ &$'(512 '(
('8&$d2 1 S &RP LVVR SRGHPRV SHUFHEHU TXH QmR Ki XPD
SUiWLFDSHGDJyJLFDTXHVHMDGHVYLQFXODGDGHWRGRRSURFHVVRKLVWyULFRVHMDHOH
GRSUySULRPRYLPHQWRRXQmR$OpPGLVVRFRPHVVDFLWDomRpSRVVtYHOGHVWDFDU
TXH D SUySULD FRPSUHHQVmR GH KLVWyULD GR PRYLPHQWR QmR HVWi DVVRFLDGD j
KLVWyULD FRPR XP HVWXGR GR passado WHQGR HP YLVWD TXH FRPSUHHQGH FRPR
GHVDILRVDVGLQkPLFDVHGHPDQGDVGRWHPSRHPTXHRVVXMHLWRVHVWmRLQVHULGRV
VHPSUHDUWLFXODQGRRFRQWH~GRSUHYLVWRSDUDDHGXFDomRGRVDVVHQWDGRVDSDUWLU
GDVQHFHVVLGDGHVGRWHPSRSUHVHQWH
(VVHHVSDoRGHOXWDGHQWURGR6HWRUGD(GXFDomRTXHGHILQHRVUXPRV
GRSURFHVVRGHHGXFDWLYRQRVDVVHQWDPHQWRVGR067DVVXPHXPDSRVLomRGH
WUDoDUHOHPHQWRVFRPXQVDWRGRVDTXHOHVVXMHLWRVTXHSDUWLFLSDPGRPRYLPHQWR
FRPRRDSHJRSHODWHUUDFRPRPRGRGHYLGD,VVRIRUWDOHFHDVOHLWXUDVVREUHR
SDVVDGR TXH R PRYLPHQWR FRQVWLWXL XP SDVVDGR FRPXP H XPD OHLWXUD TXH
GHWHUPLQDRSURFHVVRGHOXWDPDUFDGRSHORPRYLPHQWRHPUHODomRDWHUUD
ϭϱϯ
'HQWURGHVVDRUJDQL]DomRRPRYLPHQWRGRVVHPWHUUDpFRQVROLGDGRD
SDUWLU GH XPD GLPHQVmR GLVFXUVLYD H GH GLYXOJDomR GH GLYHUVRV PDWHULDLV
LQIRUPDWLYRV H GLGiWLFRV TXH IRUPDP R WLSR GR PRYLPHQWR VXDV Do}HV H
PLOLWkQFLD ,VVR QmR VH GHVORFD GR SURFHVVR GH FRQVWUXomR GH FRQVFLrQFLD
KLVWyULFDFRQVWDQWHPHQWHFLWDGRHPVHXV&DGHUQRVGH(GXFDomRH)RUPDomR
PDV WDPEpP VH DSUHVHQWD HP RXWURV PDWHULDLV FRPR RV OLYURV GLGiWLFRV DV
UHYLVWDVVHPWHUULQKDHDVDo}HVFROHWLYDV
2(QVLQRGH+LVWyULDQR067
“Cultivar a memória é mais do que conhecer friamente o próprio
passado” (CADERNO DE EDUCAÇÃO, MST. 1999)
1R&DGHUQRGH(GXFDomRQLQWLWXODGR³&RPRID]HPRVXPDHVFRODGH
(GXFDomR )XQGDPHQWDO´ Ki XPD VHomR GHQRPLQDGD ³3HGDJRJLDV HP
0RYLPHQWR´RXVHMDIRUPDVGHFRQGX]LUDIRUPDomRGRVVXMHLWRVDVVHQWDGRVD
SDUWLU GD LGHQWLILFDomR GH SUiWLFDV H YLYrQFLDV IXQGDPHQWDLV SDUD R SURFHVVR
HGXFDFLRQDO8PGHVVHVSURFHVVRVpD3HGDJRJLDGD+LVWyULDRQGHpHODERUDGD
DVQRo}HVGRVVHQWLGRVGD+LVWyULDHD³SHUFHSomRGHVHUSDUWHGHOD´ &$'(512
'(('8&$d21S DOpPGDDUWLFXODomRQRWyULDHQWUH+LVWyULDH
0HPyULD
e LPSRUWDQWH UHVJDWDU DTXL R DPELHQWH VHOHFLRQDGR SDUD D LPHUVmR GD
SUiWLFD R$VVHQWDPHQWR 'rQLV *RQoDOYHV RQGH DLQGD H[LVWHP HVWUXWXUDV TXH
PDUFDPRSDVVDGRKLVWyULFRGRWHUULWyULRHPTXHHVWiLQVHULGR2HQWHQGLPHQWR
GHTXHDDQWLJDID]HQGDGH6DQWDQDHUDXPDSURSULHGDGHFXMDSULQFLSDOIXQomR
HUD D SURGXomR GH FDIp FRP EDVH QD PmR GH REUD HVFUDYL]DGD GHWHUPLQD DV
GLYHUVDVSRVVLELOLGDGHVGRVXVRVGRSDVVDGRTXHRHQVLQRGHKLVWyULDQDHVFROD
GR DVVHQWDPHQWR SRGH XWLOL]DU SDUD D FRPSUHHQVmR QmR Vy GR SURFHVVR GH
RFXSDomRGRWHUULWyULRPDVWDPEpPGDTXHOHVTXHDWXDOPHQWHRFXSDPDTXHOD
WHUUD H GHVFHQGHP GRV HVFUDYL]DGRV H[SORUDGRV GXUDQWH R SHUtRGR GD
HVFUDYLGmRQR%UDVLO,VWRpDPRELOL]DomRGD+LVWyULDGHQWURGRDVVHQWDPHQWR
DIHWD H p SRU LVVR TXH D RUJDQL]DomR QDFLRQDO GR PRYLPHQWR QR VHWRU GD
HGXFDomRSURPRYHXPDDUWLFXODomRGLUHWDHQWUH+LVWyULDH0HPyULD
ϭϱϰ
$FRQVWUXomRGRVVXMHLWRVKLVWyULFRVQR067WUDQVERUGDKLVWyULDFROHWLYD
HODHVWiUHODFLRQDGDFRPR³ID]HUKLVWyULD´DUWLFXODGRFRPDSUiWLFDHDWHRULD
FRPRHODERUD)HUQDQGR3HUOL
³(VWD LQWHUUHODomR GH GLPHQV}HV FRQFUHWDV H DEVWUDWDV HUD
FRQVLGHUDGD IXQGDPHQWDO SDUD D IRUPDomR GRV ³VXMHLWRV GD
KLVWyULD´ HQWHQGLGRV FRPR DTXHOHV TXH DR XVDUHP R SRGHU
SROtWLFRGDPHPyULDHUDPFDSD]HVGH³ID]HUVXDVKLVWyULDV´SRU
PHLRGRUHFRQKHFLPHQWRQRJUXSRHGDDOWHULGDGHHPUHODomRD
RXWURV´ 3(5/,S
$OpPGLVVRDSUHVHQoDFRWLGLDQDGDVPtVWLFDVWDPEpPpXPSURFHVVRGH
UHWRUQRjVRULJHQVGRPRYLPHQWRGHPDQWHUDPHPyULDGHVXMHLWRVLPSRUWDQWHV
SDUDDOXWDSHOD5HIRUPD$JUiULDHRPDQWLPHQWRGRVSULQFtSLRVGR0676HJXQGR
R&DGHUQRGH(GXFDomRQD3HGDJRJLDGD+LVWyULDGL]HP
³$WUDYpVGDPtVWLFDGRPRYLPHQWRGRVVHPWHUUDFHOHEUDPDVXD
SUySULDPHPyULDGHPRGRDWRUQiODXPDH[SHULrQFLDPDLVGR
TXH UDFLRQDO SRUTXH HQWUDQKDGD HP WRGR R VHX VHU KXPDQR
)D]HUXPDDomRVLPEyOLFDHPPHPyULDGHXPFRPSDQKHLURTXH
WHQKD WRPEDGR QD OXWD RX GH XPD RFXSDomR TXH WHQKD GDGR
LQtFLRDRPRYLPHQWRHPDOJXPOXJDUpHGXFDUVHSDUDVHQWLUR
SDVVDGRFRPRVHXeWDPEpPGDUVHFRQWDGHTXHDPHPyULDp
XPD H[SHULrQFLD FROHWLYD QLQJXpP RX QDGD p OHPEUDGR HP VL
PHVPR GHVORFDGR GDV UHODo}HV VRFLDLV LQWHUSHVVRDLV 8PD
HVFRODTXHSUHWHQGDFXOWLYDUDSHGDJRJLDGDKLVWyULDVHUiDTXHOD
TXHGHL[HGHYHUDKLVWyULDDSHQDVFRPRXPDGLVFLSOLQDHSDVVH
DWUDEDOKiODFRPRXPDGLPHQVmRLPSRUWDQWHGHWRGRSURFHVVR
HGXFDWLYR´ &$'(512'(('8&$d21S
1DSUiWLFDIRLSRVVtYHOLGHQWLILFDUTXHDPtVWLFDpXPSURFHVVRLPSRUWDQWH
SDUD R LQtFLR GDV DWLYLGDGHV GR PRYLPHQWR 1HVVH VHQWLGR D PtVWLFD p XPD
IHUUDPHQWD SDUD FRQKHFHU DTXHOHV VXMHLWRV DOpP GH FRQWDU D KLVWyULD GR
PRYLPHQWR DWUDYpV GH XPD P~VLFD SRHVLD RX RXWUD DWLYLGDGH FXOWXUDO $
DUWLFXODomR GD KLVWyULD FRP D PHPyULD p XP SRWHQWH HOHPHQWR SDUD WRUQDU
SDOSiYHODLGHLDGHTXHFDGDXPSUHVHQWHQDURGDPtVWLFDID]SDUWHGD+LVWyULD
TXHVmRVXMHLWRVUHOHYDQWHVHLPSDFWDQWHVSDUDRSHUFXUVRGRIXWXURDSDUWLUGR
SUHVHQWH
2 HQVLQR GH KLVWyULD HVWi GLUHWDPHQWH UHODFLRQDGR FRP D PHPyULD QR
SURMHWRGHHGXFDomRGR067$QDUUDWLYDKLVWyULFDFRPS}HXPFRQKHFLPHQWRTXH
VHDUWLFXODKLVWRULFDPHQWHVHHVWUXWXUDQGRDSDUWLUGHXPDQDUUDWLYDTXHSHQVD
GHIRUPDKLVWRULFL]DGDVHQVtYHOHTXHJHUDDIHWR$OpPGLVVRXWLOL]DPDQDUUDWLYD
GHIRUPDTXHPRELOL]DPDQRomRGHTXHWRGRVDTXHOHVSDUWLFLSDQWHVGDPtVWLFD
WDPEpPSHUWHQFHPDXPWHPSRVmRVXMHLWRVKLVWyULFRVDWXDQWHVTXHFRQVWLWXHP
ϭϱϱ
RSUySULRWHPSRSULQFLSDOPHQWHFRPRVXMHLWRVTXHOXWDPSHOD5HIRUPD$JUiULD
$PtVWLFDSUHVHQWHDRLQtFLRGDVDXODVSUHWHQGH³YDORUL]DUDKLVWyULDGDVIDPtOLDV
DVVHQWDGDV GR SUySULR DVVHQWDPHQWR GDU HVSDoR GH UHODWR GDV OXWDV GH
UHFRUGDU D OXWD GRV SDLV SHOD WHUUD 0RPHQWR GH WUD]HU SUHVHQWH RV JUDQGHV
OXWDGRUHVHOXWDGRUDVGRSRYR´ &$'(5126'(('8&$d21
(VVH HVSDoR SDUD D DUWLFXODomR GRV VDEHUHV GRV DOXQRV H SURIHVVRUHV
DEUH XP FDPLQKR SDUD D OHJLWLPDomR GHVVHV HQTXDQWR VXMHLWRV KLVWyULFRV
SURGXWRUHV GD KLVWyULD 0LFKHO GH &HUWHDX GHILQH TXH D SURGXomR GD
KLVWyULD HVWi UHODFLRQDGD D XP ORFDO VRFLDO LVVR TXHU GL]HU TXH ³D RSHUDomR
KLVWyULFDVHUHIHUHjFRPELQDomRGHXPOXJDUVRFLDOGHSUiWLFDVFLHQWtILFDVHGH
XPDHVFULWD´)D]HUKLVWyULDpXPDSUiWLFDFLHQWtILFDRTXHLPSOLFDHPWpFQLFDV
GHSURGXomRHSURFHGLPHQWRVGHSHVTXLVDPDVLVVRQmRVLJQLILFDTXHDHVFULWD
GDKLVWyULD pHVWULWDPHQWHDFDGrPLFD3DUD+HOHQLFH 5RFKD ³DKLVWyULD
HVFRODUGLDORJDWDQWRFRPDKLVWyULDPDVVLYDHRLPDJLQiULRVRFLDOTXHDOLPHQWD
DKLVWRULRJUDILDDFDGrPLFD´LVVRVLJQLILFDTXHRDPELHQWHHVFRODUHVXDVSUiWLFDV
VmRSURGXWRUDVGHVDEHUHVKLVWyULFRVGDHVFULWDGDKLVWyULD6REUHDFRQVWUXomR
GHVVDQRomRGHKLVWyULDHVXMHLWRKLVWyULFRQRPRYLPHQWRHQTXDQWRHVFULWRUHVGD
KLVWyULD)HUQDQGR3HUOLGHVFUHYH
³3DUD ³VHQWLU R SDVVDGR´ H ³ID]HU D KLVWyULD´ VHULD QHFHVViULR
GHVHQYROYHUSHUFHSo}HVGH³OXJDUHVGHPHPyULD´FRQVDJUDGRV
SHOR067DRORQJRGRVDQRVHTXHGHPRQVWUDYDPFRPRVXJHUH
1RUD D H[LVWrQFLD GH ³UDVWUR GLVWkQFLD PHGLDomR´ TXH
GL]LDPPXLWRPDLVGDKLVWyULDGRTXHGDPHPyULD$SHUFHSomR
GH OXJDUHV PXLWR DSHJDGRV DR HVSDoR GH YLYrQFLD RFXSDomR
UHVLVWrQFLD H SURGXomR MXQWR j WHUUD SRVVLELOLWDULD D FRQVWUXomR
GH ³VXMHLWRV GD KLVWyULD´ FDSD]HV GH WUDQVIRUPDU D UHDOLGDGH´
3(5/,)HUQDQGRS
2067HRHQVLQRKHJHP{QLFR
8WLOL]DUHPRV QHVWD HWDSD GD HVFULWD D SHUVSHFWLYD XWLOL]DGD VREUH R
FRQWH~GRGD5HIRUPD$JUiULDQRVOLYURVGLGiWLFRVPDLVHVSHFLILFDPHQWHQROLYUR
História - passado e presente: do século XX aos dias de hoje SXEOLFDGR SHOD
(GLWRUD ÈWLFD HP FRQVLGHUDQGRR FRPR R HVSDoR KHJHP{QLFR GH
FRQVROLGDomRGRFRQKHFLPHQWRKLVWyULFRHGHJUDQGHFLUFXODomR &RPRLQGDJD
&\QWKLD$UD~MR ³SHQVDUQDFRQVWUXomRGHXPDRXWUDKLVWyULDSRVVtYHOQR
FDPSR GR HQVLQR UHTXHU FRQIURQWDU FRP XP PRGHOR TXH VH FRQVWLWXLX FRPR
ϭϱϲ
ϭϱϳ
)LJXUD$V/LJDV&DPSRQHVDVQROLYURGLGiWLFR
)RQWH$=(9('2*LVODQH6(5,$&23,5HLQDOGR+LVWyULDSDVVDGRHSUHVHQWHGR
VpFXOR;;DRVGLDVGHKRMH(GLWRUDÈWLFDHGLomR6mR3DXORS
e SRVVtYHO SHUFHEHU TXH R TXDGUR DERUGD R TXH IRL R PRYLPHQWR GD
FULDomRGDV/LJDV&DPSRQHVDVFRPRHOHVHDUWLFXORXHTXHPRIXQGRX2TXH
SRGHPRVDQDOLVDUpTXHHOHVRPHQWHFRPSUHHQGHDUHIRUPDDJUiULDFRPRXPD
GDVSDXWDVSULQFLSDLVGRPRYLPHQWRPDVQmRHODERUDFRPRDTXHVWmRDJUiULDp
FRPSUHHQGLGDSHOD/LJD$OpPGLVVRRVVXMHLWRVGHVVDKLVWyULDVmRYD]LRV6HP
KLVWyULD3HUFHEDTXHRWH[WRPHQFLRQDTXHPFULRXD/LJD&DPSRQHVDPDVQmR
VHSUHRFXSDHPDUWLFXODUTXHPpHVVHVXMHLWRHFRPRFKHJRXjPRELOL]DomRGR
PRYLPHQWR
3DUD &DUPHQ *DEULHO H 0DUFXV %RPILP TXH HODERUDP DOJXPDV
IRUPDV GH SHUFHSomR GRV VXMHLWRV KLVWyULFRV QRV OLYURV GLGiWLFRV GR 5LR GH
-DQHLURWUD]HPDOJXPDVFDWHJRULDVTXHREVHUYDPQDDQiOLVHGHOLYURVGLGiWLFRV
HFRPRVmRHODERUDGDVDVQDUUDWLYDVKLVWyULFDVQDVHVFRODVGR5LRGH-DQHLUR
8PD GHVVDV IRUPDV p GHQRPLQDGD FRPR personagens sem história, TXH VmR
DTXHOHVSHUVRQDJHQVFXMRRVQRPHVVmRHVYD]LDGRVGHKLVWyULDVHUHIHUHPD
³DXVrQFLDGHVHQWLGRQDSDUWLFLSDomRVLQJXODUGHWDLVVXMHLWRVHPGHWHUPLQDGRV
SURFHVVRVKLVWyULFRV´ *$%5,(/%20),0S eSRVVtYHOSHUFHEHU
ϭϱϴ
TXH D GHVFULomR GR TXH p D /LJD &DPSRQHVD WUD] HVVD QRomR GH VXMHLWR
VLOHQFLDGR
e LQWHUHVVDQWH XWLOL]DU HVVD IRUPD GH DQiOLVH GRV OLYURV GLGiWLFRV SDUD
FRPSUHHQGHUPHOKRUDQRomRGHVXMHLWRTXHpSHUSHWXDGDSHORVPDWHULDLVTXH
SRVVXHP JUDQGH FLUFXODomR 2 FDStWXOR WUH]H GR OLYUR p GHQRPLQDGR Desafios
para um Brasil democráticoHpLQLFLDGRFRPXPDQDUUDWLYDQmRFRPXPDRVOLYURV
GHJUDQGHFLUFXODomR)DODVHVREUHDYLROrQFLDTXHRVVHPWHUUDVRIUHUDPHP
QR HVWDGR GR 3DUi H TXH R SURFHVVR GH SXQLomR GRV SROLFLDLV TXH
SDUWLFLSDUDPGRDVVDVVLQDWRGHDOJXQVPLOLWDQWHVDLQGDQmRKDYLDDFRQWHFLGRQR
DQRGHSXEOLFDomRGROLYUR1HVVDLQWURGXomRRVQDWLYRVGDVHWQLDV.D\DSyH
3DWD[y VmR D FDSD GR FDStWXOR TXH EXVFD FRQVFLHQWL]DU RV OHLWRUHV GR UDQNLQJ
PXQGLDOGHYLROrQFLDQRFDPSRRQGHR%UDVLORFXSDYDHPRSULPHLUROXJDU
SHODTXDUWDYH]FRQVHFXWLYD
2FDStWXORSURS}HSHQVDUDKLVWyULDGRWHPSRSUHVHQWHHDVFRQWUDGLo}HV
GR%UDVLOFRQWHPSRUkQHRDSDUWLUGD&RQVWLWXLomRGH1HVVHFDVRDHVFULWD
SHUSDVVDRFRQWH[WRGDHODERUDomRGDFRQVWLWXLomRQDFRQVROLGDomRGHPRFUiWLFD
GR SDtV PDV QmR PHQFLRQD DR ORQJR GR FDStWXOR D TXHVWmR GD OXWD SHOD
GHPDUFDomR GH WHUUDV TXH p LQWURGX]LGD QD DEHUWXUD GR FDStWXOR IRFDP HP
SHQVDU QD TXHVWmR HFRQ{PLFD QR DYDQoR GDV SUiWLFDV SURWHFLRQLVWDV H D
LQWHQVLILFDomRGRPHUFDGRQHROLEHUDOQRVpFXOR;;HLQtFLRGR;;,GHIRUPDTXH
SDUHFHPVHGLVWDQFLDUGDKLVWyULDGRVLQGtJHQDVHVHPWHUUD2VSRYRVLQGtJHQDV
QmRSDUWLFLSDPGRUHFRUWHWHPSRUDOXWLOL]DGRSHODQDUUDWLYDGROLYURDRIDODUVREUH
FLGDGDQLDQRVpFXOR;;EUDVLOHLUR+iDTXLPDLVXPDYH]RVLOHQFLDPHQWRGRV
VXMHLWRVTXHFRQVWURHPD+LVWyULDGR%UDVLO
,VWR p R OLYUR GHPRQVWUD LQWHUHVVH HP DUWLFXODU D TXHVWmR DJUiULD FRPR
XPDUHDOLGDGHHQWUHGLYHUVRVPRYLPHQWRVHSHUtRGRVKLVWyULFRVPDVLVVRRFRUUH
VRPHQWHFRPRXPDPHUDFLWDomR1mRKiDUWLFXODomRFRPRVVXMHLWRVTXHID]HP
SDUWH GHVVH SURFHVVR GH FRQVWUXomR GD KLVWyULD GR %UDVLO Ki PXLWR PHQRV D
QRomR GH TXH D EXVFD SHOD 5HIRUPD $JUiULD p SDUWH IXQGDPHQWDO GHVVH
SURFHVVR e XPD KLVWyULD VHP VXMHLWRV XPD QDUUDWLYD VHP KLVWyULD &RPR
DILUPDP*DEULHOH%RPILP
ϭϱϵ
³'H XP ODGR RV FROHWLYRV WHQGHP D VHU YLVWRV FRPR EORFRV
HQJHVVDGRV VHP HVSDoR SDUD D SURGXomR GDV VXEMHWLYLGDGHV
SDUWLFXODUHVTXHRVGLIHUHQFLDP'HRXWURODGRDIRUPDFRPRRV
LQGLYtGXRVVmRWUDWDGRVQDVWUDPDVKLVWyULFDVWHQGHDFRQWULEXLU
PDLV SDUD UHDILUPDU D ³GHVHUWLILFDomR GR SDVVDGR´ *$%5,(/
%20),0S
)LJXUD2FDStWXORWUH]H'HVDILRVSDUDXP%UDVLOGHPRFUiWLFR
)RQWH$=(9('2*LVODQH6(5,$&23,5HLQDOGR+LVWyULDSDVVDGRHSUHVHQWHGR
VpFXOR;;DRVGLDVGHKRMH(GLWRUDÈWLFDHGLomR6mR3DXORS
(P FRQWUDSDUWLGD R 0RYLPHQWR 5XUDO GRV 7UDEDOKDGRUHV 6HP 7HUUD
DUWLFXODGHIRUPDGLIHUHQWHDVQRo}HVDSUHVHQWDGDVDWpDTXLQROLYURGLGiWLFR$V
SURSRVWDVGR067VmRSHQVDGDVQRVFDGHUQRVGHHGXFDomRHIRUPDomRDSDUWLU
GRHQWHQGLPHQWRSUiWLFRGRHQVLQRSRVVLELOLWDQGRDUWLFXODUWRGRVRVFRQWH~GRV
ϭϲϬ
VLVWHPDWL]DGRVFRPDYLYrQFLDGRVVXMHLWRVLQVHULGRVQDHVFRODHVWLPXODQGRR
SURFHVVRGHFRQVFLHQWL]DomRSROtWLFDSULQFLSDOPHQWHVREUHDOXWDSHOD5HIRUPD
$JUiULDHPWRGRRHQVLQRGHKLVWyULD
³2 HVWXGR GD KLVWyULD WLQKD SRU REMHWLYR ID]HURV WUDEDOKDGRUHV
UXUDLV³VHQWLURSDVVDGR´H³ID]HUDKLVWyULD´FRPRDOJRLQHUHQWH
j YLGD H jV UHODo}HV KXPDQDV FRPR VHQWLGR GH HVFROKD
LQGLYLGXDO H DR PHVPR WHPSR H[SHULrQFLD FROHWLYD TXH
IRUWDOHFHULDDFRQVFLrQFLDRUJDQL]DWLYD3DUD³VHQWLURSDVVDGR´
H³ID]HUDKLVWyULD´VHULDQHFHVViULRGHVHQYROYHUSHUFHSo}HVGH
³OXJDUHV GH PHPyULD´ SDUD DVVLP HQTXDQWR ³VXMHLWRV GD
KLVWyULD´WUDQVIRUPDUDUHDOLGDGH3DUDVHSHUFHEHUHPQRWHPSR
RV WUDEDOKDGRUHV UXUDLV VHPWHUUD GHYHULDP FRQKHFHU H
FRPSUHHQGHUDKLVWyULDHVHXPRYLPHQWRVHMDRPRYLPHQWRQR
VHQWLGRGRDWRUSROtWLFRFROHWLYRVHMDRPRYLPHQWRQRVHQWLGRGD
PXGDQoDVRFLDO´ 3(5,)HUQDQGRS
&RPLVVRWRUQDVHQHFHVViULRXPDPDLRUHODERUDomRGHOLYURVGLGiWLFRV
TXH DPSOLHP RV KRUL]RQWHV GD SHUFHSomR GRV VXMHLWRV (PERUD R PDWHULDO
XWLOL]DGRQRSUHVHQWHWUDEDOKRMiHVWHMDDYDQoDGRHPPXLWRVDVSHFWRVSDUDDR
PHQRV D DUWLFXODomR GH QRYRV VDEHUHV DLQGD HVWi GHIDVDGR HP SURGX]LU
VHQWLGRV VREUH D KLVWyULD TXH FRQWHPSOH RV VXMHLWRV VLOHQFLDGRV SHOR HVSDoR
KHJHP{QLFRHRVUHFRQKHoDPFRPRDWRUHVGD+LVWyULD
5HIHUrQFLD
$/%848(548(-Ò1,25'XUYDO0XQL])D]HUGHIHLWRVQDVPHPyULDVSDUD
TXHVHUYHPRHQVLQRHDHVFULWDGDKLVWyULD",Q0iUFLDGH$OPHLGD*RQoDOYHV
>HWDO@ RUJV 4XDORYDORUGDKLVWyULDKRMH"5LRGH-DQHLUR(GLWRUD)*9
S
&(57($80LFKHOGH$HVFULWDGDKLVWyULD
$=(9('2*LVODQH6(5,$&23,5HLQDOGR+LVWyULDSDVVDGRHSUHVHQWHGR
VpFXOR;;DRVGLDVGHKRMH(GLWRUDÈWLFDHGLomR6mR3DXOR
&$'(512'(('8&$d21
&$'(512'(('8&$d21
'$6,/9$3ULVFLOD0DFKDGR3,1$0DULD&ULVWLQD'DQWDV&21+(&,0(172
+,67Ï5,&2&855Ë&8/2(35È7,&$'2&(17(1$6(6&2/$6'2
029,0(172'2675$%$/+$'25(6585$,66(07(55$ 067
6HPLQiULR1DFLRQDOH6HPLQiULR,QWHUQDFLRQDO3ROtWLFDV3~EOLFDV*HVWmRH
3Ui[LV(GXFDFLRQDOYQ
ϭϲϭ
*$%5,(/&DUPHQ7HUHVD0$57,160DUFXV/HRQDUGR%RPILP1DUUDWLYDV
HVFRODUHVGR5LRGH-DQHLURTXHPVmRRVVXMHLWRVGHVVDVKLVWyULDV",Q
0217(,52$QD0DULD*$%5,(/&DUPHQ7HUHVD%20),00$57,16
0DUFXV/HRQDUGR1DUUDWLYDVGR5LRGH-DQHLURQDVDXODVGH+LVWyULD
0DXDG(GLWRUD/WGD
3(5/,)HUQDQGR4XDQGRDFRQVFLrQFLDKLVWyULFDpDFRQVFLrQFLDRUJDQL]DWLYD
IRUPDomRSROtWLFDHHQVLQRGH+LVWyULDQR067+LVWyULD 6mR3DXOR YS
BBBBBBBBBBBBBBBBB$OpPGDWHUUDRGLUHLWRDRSDVVDGRQRWDVVREUHRHQVLQR
GHKLVWyULDQR0673ROtWLFD 7UDEDOKRQ
BBBBBBBBBBBBBBBBB&RQVFLrQFLDKLVWyULFDFRPRFRQVFLrQFLDRUJDQL]DWLYD
FRQILJXUDo}HVGRHQVLQRGHKLVWyULDQDRUJDQL]DomRGR067
BBBBBBBBBBBBBBBBB2XWURVOXJDUHVGR³ID]HUHHQVLQDU+LVWyULD´XPDOHLWXUD
VREUHRVLPSUHVVRVGR067QDWUDQVLomRGHPRFUiWLFD$QWtWHVHVYQS
52&+$+HOHQLFH0$*$/+(60DUFHOR*217,-25HEHFD$DXODFRPR
WH[WRKLVWRULRJUDILDHHQVLQRGHKLVWyULD,Q52&+$+HOHQLFHHWDO$HVFULWDGD
KLVWyULDHVFRODUPHPyULDHKLVWRULRJUDILD5LRGH-DQHLUR(GLWRUD)*9S
ϭϲϮ
+,67Ï5,$(&8/785$$)5,&$1$($)52%5$6,/(,5$12
3,601$55$7,9$6/(*,7,0$'$63(/29(67,%8/$5'$
8)-)
+LDJR*RQoDOYHV'LDVGR1DVFLPHQWR
0DUFXV/HRQDUGR%RPILP0DUWLQV
,QWURGXomR
$V UHIOH[}HV SURSRVWDV QD VHTXrQFLD GHYHP VHU YLVWDV FRPR XP
GHVGREUDPHQWR GD SHVTXLVD LQWLWXODGD ³$YDOLDomR H (QVLQR GH +LVWyULD
DUWLFXODo}HVHQWUHFXOWXUDKLVWyULFDHFXOWXUDHVFRODUHPSURFHVVRVGHREMHWLYDomR
GRFRQKHFLPHQWRKLVWyULFRHVFRODUHPLQVWUXPHQWRVDYDOLDWLYRV´UHDOL]DGDSHODV
TXDWURPmRVHQYROYLGDVQHVWHWUDEDOKR1HVWDSHVTXLVDHQWUHRXWUDVRSHUDo}HV
EXVFDPRV FRWHMDU ³RV SURFHVVRV GH REMHWLYDomR GR FRQKHFLPHQWR KLVWyULFR
HVFRODU HP PHLR D LQVWUXPHQWRV DYDOLDWLYRV GD DSUHQGL]DJHP HRX GR
GHVHPSHQKRGHHVWXGDQWHVGDHGXFDomREiVLFD´8PGRVSLODUHVTXHPRWLYDP
QRVVR LQWHUHVVH SHOR WHPD p R SULYLOpJLR H D OHJLWLPLGDGH TXH DV DYDOLDo}HV
DVVXPHPQDREMHWLYDomRGRVFRQKHFLPHQWRVTXHVHDSUHVHQWDPQDVDODGHDXOD
HWDPEpPQDVIRUPDVGHVHUHODFLRQDUFRPHOHV 0$57,16
(VVDFRQGLomRGRSURFHVVRDYDOLDWLYRDWLQJHPDLRUHVSURSRUo}HVTXDQGR
SHQVDPRVQRVYHVWLEXODUHVUHDOL]DGRVSHODVLQVWLWXLo}HVHGXFDWLYDV,VVRSRUTXH
D LQFOXVmR GRV VXMHLWRV QDV XQLYHUVLGDGHV XP DPELHQWH TXH SDUD PXLWRV
UHSUHVHQWD XP FDQDO GH DVFHQVmR QmR Vy HFRQ{PLFD PDV WDPEpP FXOWXUDO H
7UDEDOKRGHVHQYROYLGRFRPDSRLRILQDQFHLURGD8QLYHUVLGDGH)HGHUDOGH-XL]GH)RUD 8)-)
/LFHQFLDQGRHP+LVWyULDSHOD8QLYHUVLGDGH)HGHUDOGH-XL]GH)RUD 8)-) ,QWHJUDQWHGR*UXSR
GH(VWXGRVH3HVTXLVDVHP$YDOLDomR&XUUtFXORH(QVLQRGH+LVWyULD *(3$&(+8)-)&13T
OLGHUDGRSHOR3URI'U0DUFXV/HRQDUGR%RPILP0DUWLQV )DFHG8)-) HEROVLVWDGHLQLFLDomR
FLHQWtILFD %,&8)-) QR SURMHWR ³$YDOLDomR H (QVLQR GH +LVWyULD DUWLFXODo}HV HQWUH FXOWXUD
KLVWyULFDHFXOWXUDHVFRODUHPSURFHVVRVGHREMHWLYDomRGRFRQKHFLPHQWRKLVWyULFRHVFRODUHP
LQVWUXPHQWRVDYDOLDWLYRV´(PDLOSDUDFRQWDWRKLDJR#RXWORRNFRP
3URIHVVRUGDiUHDGH(QVLQRGH+LVWyULDGD)DFXOGDGHGH(GXFDomRGD8QLYHUVLGDGH)HGHUDO
GH-XL]GH)RUD )DF(G8)-) GR3URJUDPDGH3yV*UDGXDomRHP(GXFDomRGD8QLYHUVLGDGH
)HGHUDOGH-XL]GH)RUD 33*(8)-) HGR3URJUDPDGH3yV*UDGXDomRHP(QVLQRGH+LVWyULD
GD8QLYHUVLGDGH)HGHUDOGR5LRGH-DQHLUR 3URI+LVWyULD8)5- /tGHUGR*UXSRGH(VWXGRVH
3HVTXLVDVHP$YDOLDomR&XUUtFXORH(QVLQRGH+LVWyULD *(3$&(+8)-)&13T (PDLOSDUD
FRQWDWRPDUFXVERPILP#XIMIEU
7UHFKRGDGHVFULomRGRSURMHWRFRQWLGDQR/DWWHVGRVDXWRUHV
ϭϲϯ
VRFLDO DFDED SRU VREUHGHWHUPLQDU D LPSRUWkQFLD GHVVDV SURYDV QD YLGD GDV
SHVVRDV(pOHYDQGRWDPEpPHVWHHOHPHQWRHPFRQVLGHUDomRTXHGHFLGLPRV
SHUVFUXWDUR3URJUDPDGH,QJUHVVR6HOHWLYR0LVWR 3LVP GD8)-)FRPRLQWXLWR
GHREVHUYDUDIRUPDTXHHOHWHPH[SORUDGRDKLVWyULDHDFXOWXUDDIULFDQDHDIUR
EUDVLOHLUDHPVXDVSURYDVGH+LVWyULD
23LVPp
XP SURFHVVR GH DYDOLDomR VHULDGD HP TXH RV FDQGLGDWRV jV
YDJDV RIHUHFLGDV SHOD 8)-) SDUWLFLSDP GH WUrV PyGXORV GH
DYDOLDomR ,,,H,,, XPDRILQDOGHFDGDDQRGR(QVLQR0pGLR
(VVHVLVWHPDEXVFDXPDPDLRULQWHUDomRHQWUHR(QVLQR0pGLR
HR6XSHULRUMiTXHDYDOLDRVFRQKHFLPHQWRVGRHVWXGDQWHDQR
DDQRVHQGRFREUDGRHPFDGDSURYDFRQWH~GRFXPXODWLYRGRV
DQRVDQWHULRUHVFRQIRUPH5HVROXomR&21*5$'Q
3RUVHUXPSURFHVVRGHDYDOLDomRVHULDGDR3,60SHUPLWHDR
FDQGLGDWR DSULPRUDU VHX GHVHPSHQKR DR ORQJR GDV HWDSDV
EDVHDQGRVHQRUHVXOWDGRTXHUHFHEHDFDGDPyGXORFRQFOXtGR
&RPLVVRHOHSRGHDYDOLDUTXDLVRVFRQWH~GRVTXHSUHFLVDPGH
XPDPDLRUDWHQomRHFRUULJLUDVIDOKDVVHPVDLUSUHMXGLFDGR
1DDWXDOSHVTXLVDWRGDVDVTXHVW}HVGRVWUrVPyGXORVGRV~OWLPRVGH]
DQRVVHUmRVXEPHWLGDVjDQiOLVH
$ HVFROKD GHVWD WHPiWLFD FRPR FHQWUR GH QRVVDV LQYHVWLJDo}HV VH ID]
YDOHU HP GXDV YLDV H[DPLQD RV HIHLWRV GD OHL QDV DYDOLDo}HV
LQVWLWXFLRQDLV H FRQFRPLWDQWHPHQWH DX[LOLD HP VXD HIHWLYDomR UHIRUoDQGR D
SHUWLQrQFLDGDKLVWyULDHDFXOWXUDDIULFDQDHDIUREUDVLOHLUDSDUDXPDHGXFDomR
GHPRFUiWLFD$OpPGLVVRDVGLVFXVV}HVTXHVHJXHPEXVFDPFRQWULEXLUWDPEpP
SDUDDIRUPDomRGRSURPLVVRUHPERUDLQFLSLHQWHFDPSRGDVSHVTXLVDVHP
$YDOLDomRQRHQVLQRGH+LVWyULD6HJXQGR0DUWLQV DSHVDUGR(QVLQRGH
+LVWyULD WHU VH FRQVROLGDGR HQTXDQWR iUHD GH SHVTXLVD QRV ~OWLPRV DQRV D
DYDOLDomR FRQWLQXD VHQGR XP WHUULWyULR SRXFR H[SORUDGR SHORV HVWXGLRVRV GR
FDPSR ¬ YLVWD GLVVR HVWH WUDEDOKR VH DSUHVHQWD FRPR XPD H[WHQVmR GH
SHVTXLVDVTXHWrPDEHUWRRFDPLQKRQDPDWD 0$57,16DE
0$57,16 *$%5,(/ 0$57,16 $1'5$'( 12'$
5,%(,52%292 HXPDFHQWHOKDSDUDDTXHOHVTXHGHVHMDPVHDUULVFDU
QHVVHSHUFXUVR
9HUVLWHGD&RRUGHQDomR*HUDOGH3URFHVVRV6HOHWLYRV &23(6( GD8)-)'LVSRQtYHOHP
KWWSVZZZXIMIEUFRSHVHYHVWLEXODUSLVPGLFDVHGXYLGDVGXYLGDVIUHTXHQWHV $FHVVR HP
GH1RYGH
ϭϲϰ
'HVVDIRUPDRDWXDOHVFULWRpFRPSRVWRSRUGXDVVHo}HV1DSULPHLUD
YHUHPRVVHR3VLPGHVHQYROYHXTXHVW}HVVREUHKLVWyULDHFXOWXUDDIULFDQDHDIUR
EUDVLOHLUDQRV~OWLPRVGH]DQRVGHUHDOL]DomRGRYHVWLEXODU1DVHJXQGDSDUWH
H[DPLQDUHPRV TXDLV VmR DV QDUUDWLYDV OHJLWLPDGDV SHOR SURFHVVR VHOHWLYR
FRWHMDQGRRVFRQWH~GRVHVSHFtILFRVRVHOHPHQWRVD[LROyJLFRVH SURFHVVRVGH
VXEMHWLYDomR RVWHQWDGRV QDVSHODV TXHVW}HV GR 3LVP 3RU ILP R WH[WR VHUi
FRQFOXtGRDWUDYpVGHXPDVtQWHVHGDDQiOLVHSRUQyVFRQVWUXtGDDFRPSDQKDGD
GHQRVVDVFRQVLGHUDo}HVVREUHDSHVTXLVD
([LVWHKLVWyULDHFXOWXUDDIULFDQDHDIUREUDVLOHLUDQR3LVP"
1HVWH WUDEDOKR DQDOLVDUHPRV WRGDV DV TXHVW}HV GRV WUrV PyGXORV GR
3LVPFRQFHUQHQWHVj~OWLPDGpFDGDGHUHDOL]DomRGRYHVWLEXODU D
&UHPRVTXHHVWHUHFRUWHQRVSHUPLWHSRUXPODGRFRQVWUXLUXPSDQRUDPDGDV
IRUPDVTXHDKLVWyULDHDFXOWXUDDIULFDQDHDIUREUDVLOHLUDWrPVLGRPRELOL]DGDV
SHORSURJUDPDHSRURXWURRSHUDUXPHVWXGRSRUPHQRUL]DGRGHVVDVTXHVW}HV
,QLFLDOPHQWH FRQVLGHUDPRV LPSRUWDQWH ID]HU XP OHYDQWDPHQWR TXH
H[SRQKD D UHODomR HQWUH R WRWDO GH TXHVW}HV GH +LVWyULD H D TXDQWLGDGH GH
TXHVW}HV VREUH D KLVWyULD H D FXOWXUD DIULFDQD H DIUREUDVLOHLUD 1R TXH GL]
UHVSHLWRDRSULPHLURSRQWRQRWDPRVTXHIRUDPGHVHQYROYLGDVTXHVW}HVGH
+LVWyULD QRV ~OWLPRV GH] DQRV GR 3LVP VHQGR TXHVW}HV REMHWLYDV H
GLVFXUVLYDV Mi QR TXH GL] UHVSHLWR DR VHJXQGR DVSHFWR REVHUYDPRV TXH
GHVVDVTXHVW}HVWUDWDPGD+LVWyULDHGDFXOWXUDDIULFDQDHDIUREUDVLOHLUD *UiILFR
ϭϲϱ
*UiILFR4XHVW}HVVREUH+LVWyULDHFXOWXUDDIULFDQDHDIUREUDVLOHLUDQR3LVP
)RQWH(ODERUDGDSHORVDXWRUHV
$ SULPHLUD FRQFOXVmR TXH FKHJDPRV SRUWDQWR p TXH VLP D WHPiWLFD p
WUDEDOKDGDSHORYHVWLEXODUHODVHID]SUHVHQWHHPPDLVGHGDVTXHVW}HV
5HVWDQRVDJRUDVDEHUFRPRVmRDSUHVHQWDGDVDVQDUUDWLYDVVREUHHVVHVWHPDV
3DUDLVVRDVTXHVW}HVVHUmRDQDOLVDGDVHPVXDLQWHJUDOLGDGH7RPDUHPRVFRPR
REMHWR GH DQiOLVH RV WH[WRV EDVHGH UHIHUrQFLD RV GLVWUDWRUHV QR FDVR GDV
TXHVW}HVGHP~OWLSODHVFROKD HRJDEDULWReLPSRUWDQWHDLQGDUHVVDOWDUTXHQmR
SHUGHUHPRV GH YLVWD R SULYLOpJLR RVWHQWDGR SHORV JDEDULWRV QHVVD GLQkPLFD
UHODFLRQDOXPDYH]TXHVHUHIHUHPj³KHJHPRQL]DomRGRVHQWLGRGHYHUGDGHLUR
VREUHRTXHHVWiVHQGRH[LJLGRSHODTXHVWmR´ 0$57,16S
2XWUR DVSHFWR LPSRUWDQWH p TXH DR IDODUPRV HP ³KLVWyULD H FXOWXUD
DIULFDQD´LQFRUSRUDPRVWDPEpPDRQRVVRHVFRSRDQDOtWLFRDTXHODVTXHVW}HV
TXHYHUVDPVREUHD+LVWyULDHDFXOWXUDGRVSRYRVQHJURVGLDSyULFRVDRUHGRUGR
JORER$LQGD DVVLP DFKDPRV LPSRUWDQWH DVVLQDODU FRPR D GLQkPLFD SROtWLFR
JHRJUiILFD VH DSUHVHQWD QD PRQWDJHP GHVVDV TXHVW}HV 1HVVH VHQWLGR HODV
IRUDPGLYLGLGDVQRVVHJXLQWHVDJUXSDPHQWRV4XHVW}HVVREUHDKLVWyULDHD
FXOWXUDDIUREUDVLOHLUD4XHVW}HVVREUHVREUHDKLVWyULDHDFXOWXUDDIULFDQD
4XHVW}HV VREUH D KLVWyULD H D FXOWXUD DIURDPHULFDQD H 4XHVW}HV VREUH D
7HUPRWpFQLFRTXHGHVLJQDDVRSo}HVGHUHVSRVWDTXHQmRFRUUHVSRQGHPDRJDEDULWR
(VVH WHUPRp XWLOL]DGR SDUD VH UHIHULU jV TXHVW}HVTXH WUDWHPGD KLVWyULD GR SRYR QHJUR QR
FRQWLQHQWHDPHULFDQRFRPH[FHomRGR%UDVLOTXHSRVVXLXPDJUXSDPHQWRSUySULRGHTXHVW}HV
ϭϲϲ
KLVWyULD H D FXOWXUD GR SRYR QHJUR QXPD yWLFD JOREDO 2 UHVXOWDGR SRGH VHU
REVHUYDGRQR*UiILFR
*UiILFR'LQkPLFDSROtWLFRJHRJUiILFDGDVTXHVW}HVVREUH+LVWyULDHFXOWXUDDIULFDQD
)RQWH(ODERUDGDSHORVDXWRUHV
&RPRpSRVVtYHOQRWDUHQWUHDVTXHVW}HVLGHQWLILFDGDVSUHSRQGHUDP
VHDTXHODVTXHYHUVDPVREUHD³KLVWyULDHDFXOWXUDDIUREUDVLOHLUD´VHQGRQR
WRWDO6HTXHQFLDOPHQWHKiXPHPSDWHHQWUHDVTXHVW}HVTXHWUDWDPGD³KLVWyULD
HGDFXOWXUDDIURDPHULFDQD´HGD³KLVWyULDHGDFXOWXUDGRSRYRQHJURQXPDyWLFD
JOREDO´TXHVW}HVSDUDFDGDXPGRVJUXSRV(HP~OWLPROXJDUHQFRQWUDPVH
DVTXHVW}HVVREUHD³KLVWyULDHDFXOWXUDDIULFDQD´FRPDSHQDVTXDWURDSDULo}HV
'LDQWH GHVVH VDOGR SRGHUtDPRV QRV SHUJXQWDU HQWmR TXDLV VmR RV
FRQWH~GRVHVSHFtILFRVSULYLOHJLDGRVQHVVHVDJUXSDPHQWRVGHTXHVW}HV"4XDLV
VmR RV HOHPHQWRV D[LROyJLFRV IRPHQWDGRV SRU FDGD XPD GHODV" ( TXDLV RV
SURFHVVRVGHVXEMHWLYDomRTXHHVWmRHPMRJRQHVVDVFRQVWUXo}HV"$SUy[LPD
VHomR GHVWH WH[WR FRQVLVWH SRUWDQWR QD WHQWDWLYD GH DQJDULDU UHVSRVWDV SDUD
HVVDVLQGDJDo}HV$QWHVSRUpPFRQVLGHUDPRVSHUWLQHQWHIRUQHFHUXPDEUHYH
H[SOLFDomR GR TXH HVWDPRV FKDPDQGR GH FRQWH~GRV HVSHFtILFRV HOHPHQWRV
D[LROyJLFRVHSURFHVVRVGHVXEMHWLYDomR
$TXLQRVUHIHULPRVDVTXHVW}HVTXHWUDWDPGDKLVWyULDGRSRYRQHJURSDUDDOpPGDVIURQWHLUDV
QDFLRQDLV WUiILFRGHHVFUDYRVQRDWOkQWLFRHLPLJUDomRLQWHUFRQWLQHQWDOSRUH[HPSOR
ϭϲϳ
4XDLVVmRDVQDUUDWLYDVOHJLWLPDGDVSHORYHVWLEXODUGD8)-)"
$RIDODUPRVGHconteúdos específicosHVWDPRVQRVUHIHULQGRDRVWHPDV
KLVWyULFRVDERUGDGRVQDVTXHVW}HVRXVHMDDRV³IOX[RVGHVHQWLGRVHVSHFtILFRV
TXH SDUWLFLSDP GD FDGHLD GH HTXLYDOrQFLD TXH GHILQH R FRQKHFLPHQWR HVFRODU
&RQWH~GRQmRVHULDQHVVDGHILQLomRVLQ{QLPRGHFRQKHFLPHQWRHVFRODUHVLP
GH FRQKHFLPHQWR FLHQWtILFR FXUULFXODUL]DGR HRX GLGDWL]DGR´ *$%5,(/
&$6752 S 1R TXH WDQJH DRV YHVWLEXODUHV Ki XPD VHOHomR GH
FRQWH~GRV KLVWyULFRV TXH JHUDOPHQWH VmR DSUHVHQWDGRV HP PDWUL]HV GH
UHIHUrQFLDV QR FDVR GR 3LVP HVVD PDWUL] p R VHX HGLWDO RQGH SRGHPRV
REVHUYDUTXDLVFRQWH~GRVSRGHPVHUHYRFDGRVQDSURYD
-i D FDWHJRULD elementos axiológicos SRVVLELOLWD SHQVDUPRV D KLVWyULD
HQVLQDGD
QmR PDLV FRPR XPD YHUVmR QHFHVVDULDPHQWH VLPSOLILFDGD H
UHGX]LGDGRFRQKHFLPHQWRKLVWyULFRSURGX]LGRSHODVSHVTXLVDV
DFDGrPLFDV PDV VLP FRPR XPD FRQILJXUDomR GH RUGHP
HSLVWHPROyJLFDHD[LROyJLFD pWLFDSROtWLFRFXOWXUDO FRPJUDXGH
HVSHFLILFLGDGHHDXWRQRPLDVXILFLHQWHVSDUDTXHHODSRVVDVHU
SHUFHELGD H OHJLWLPDGD FRPR XP VDEHU GLIHUHQFLDGR H
HVWUDWpJLFR QDV GLVSXWDV SHODV LQWHUSUHWDo}HV GH VHQWLGRV GR
PXQGR *$%5,(/Sapud0$57,16S
6HQGR DVVLP HVWD FDWHJRULD VH UHIHUH DRV YDORUHV pWLFRV RX PRUDLV
LPSOtFLWDRXH[SOLFLWDPHQWHRVWHQWDGRVSHODVQDUUDWLYDVKLVWyULFDVPXLWDVYH]HV
OLJDGRVjV³GHPDQGDVGHGLIHUHQoDHGHLJXDOGDGHHQGHUHoDGDVDRFXUUtFXORGH
+LVWyULD´ 0$57,16 S H SRGHQGR DSDUHFHU SRU H[HPSOR FRPR D
SURPRomRGHXPDLPDJHPSRVLWLYDGDPXOKHUDVXSHUDomRGHWRGDVDVIRUPDV
GH YLROrQFLD D GHIHVD GRV GLUHLWRV KXPDQRV D YDORUL]DomR GD LPDJHP GRV
DIURGHVFHQGHQWHVHGRVSRYRVGRFDPSRHQWUHRXWURV 0$57,16S
FRPEDWHQGR SRUWDQWR D LOXVmR GH QHXWUDOLGDGH GR FRQKHFLPHQWR KLVWyULFR
HVFRODU 3/È
2Vprocessos de subjetivaçãoWUDWDPVHGHRSHUDo}HVTXHDOPHMDPGDU
VHQWLGRjVH[SHULrQFLDVWHPSRUDLVGRVVXMHLWRVRXHPRXWURVWHUPRVGDVIRUPDV
SHODVTXDLVXPLQGLYtGXRVHWRUQDVXMHLWRDSDUWLUGDUHODomRTXHHVWDEHOHFHFRP
RVFRQKHFLPHQWRV6HJXQGR%LHVWDDQRomRGHH[SHULrQFLDpSULPRUGLDOQHVVD
GLQkPLFDXPDYH]TXHHODSRVVLELOLWDTXHRVDOXQRVHQTXDQWRLQGLYtGXRVHPXP
PXQGR GH SOXUDOLGDGH H GH GLIHUHQoDV SRVVDP ³WRUQDUVH SUHVHQoD´ %,(67$
ϭϲϴ
1HVVD GLQkPLFD R SURFHVVR HGXFDFLRQDO DGTXLUH FRPR XPD GH VXDV
ILQDOLGDGHVRUHIRUoRGD³OLEHUGDGHHGDLQGHSHQGrQFLDGDTXHOHVTXHHVWmR
VHQGRHGXFDGRV´ %,(67$apud6$//(6S
&RPHoDQGRHQWmRSHODVTXHVW}HVTXHGL]HPUHVSHLWRj³KLVWyULDHD
FXOWXUDDIUREUDVLOHLUD´FRQYpPDVVLQDODUTXHDPDLRULDGHODVEXVFDUHODFLRQDUR
SDVVDGR HVFUDYLVWD FRP RV GLOHPDV HQIUHQWDGRV SHOD SRSXODomR QHJUD QDV
GpFDGDV SDVVDGDV HRX QRV GLDV DWXDLV 2EVHUYDVH SRUWDQWR TXH DV
SURSRVLo}HV D[LROyJLFDV Dt SUHVHQWHV VmR DVVLQDODU D GtYLGD KLVWyULFD TXH D
VRFLHGDGHEUDVLOHLUDGHWpPSDUDFRPRVHVFUDYL]DGRVHVHXVGHVFHQGHQWHVH
UHIRUoDUXPDFRQWLQXLGDGHQRVSURFHVVRVGHYLROrQFLDH[SHULPHQWDGRVSRUHVVHV
JUXSRVLVVRILFDODWHQWHTXDQGRREVHUYDPRVD)LJXUD
)LJXUD4XHVWmRTXHWUD]FRPRHOHPHQWRD[LROyJLFRDGHQ~QFLDGDFRQWLQXLGDGHGRV
SURFHVVRVGHYLROrQFLDH[SHULPHQWDGRVSHORVHVFUDYL]DGRVHVHXVGHVFHQGHQWHV
)RQWH4XHVWmR3URYDREMHWLYDGRPyGXOR,,GR3LVPGH
6HJXQGRRJDEDULWRDDOWHUQDWLYDFRUUHWDVHHQFRQWUDQDOHWUD$
ϭϲϵ
ϭϳϬ
)LJXUD4XHVWmRTXHWUD]DDJrQFLDGRVHVFUDYL]DGRVFRPRHOHPHQWRD[LROyJLFR
)RQWH4XHVWmR3URYDREMHWLYDGRPyGXOR,,GR3LVPGH
7UDWDQGRVHGDVTXHVW}HVVREUH³KLVWyULDHFXOWXUDDIURDPHULFDQD´R
TXHVHSHUFHEHORJRGHFDUDpXPDKHJHPRQLDGDKLVWyULDHVWDGXQLGHQVH,VVR
SRUTXHQRYHGHODVYHUVDPVREUHDKLVWyULDGRSDtV(PERUDQRVVRREMHWLYRQmR
VHMDSUREOHPDWL]DURVFRQWH~GRVHVSHFtILFRVWUDEDOKDGRVSHODSURYDKiGHVH
FKDPDUDWHQomRSDUDHVVHDVSHFWR1RTXHVHUHIHUHDRVHOHPHQWRVD[LROyJLFRV
SURSDJDGRVSRUHVVDVTXHVW}HVSUHSRQGHUDPVHWHQWDWLYDVGHOHJLWLPDomRGRV
PRYLPHQWRVYLQFXODGRVjOXWDFRQWUDDYLROrQFLDUDFLDOHFRQWUDRUDFLVPRVRIULGR
SHODSRSXODomRQHJUDQRV(8$3RUFRQVHTXrQFLDGHQXQFLDVHDFRQWLQXLGDGH
GHVVDV IRUPDV GH YLROrQFLD EHP FRPR GRV JUXSRV TXH UHVLVWHPUHVLVWLUDP D
HODV 6REUH HVWH ~OWLPR SRQWR DOJXPDV TXHVW}HV DLQGD HVWLPXODP D
FRPSUHHQVmR GDV GLIHUHQWHV IRUPDV GH UHVLVWrQFLD WUD]HQGR 0 / .LQJ H R
3DUWLGRGRV3DQWHUDV1HJUDVFRPRH[HPSOR YHU)LJXUD
7DPEpP QR DJUXSDPHQWR GH TXHVW}HV VXSUDFLWDGR QmR HQFRQWUDPRV
TXHVW}HVTXHVHSURSRQKDPDGLVFXWLUDFXOWXUDHDKLVWyULDGRSRYRQHJURSDUD
DOpPGDVSUREOHPiWLFDVDWLQHQWHVjHVFUDYLGmRHDRUDFLVPR$VVLPEHPFRPR
GHVWDFDPRV QD DQiOLVH GR DJUXSDPHQWR DQWHULRU HVVD SRVWXUD SRGH VHU
6HJXQGRRJDEDULWRDDOWHUQDWLYDFRUUHWDVHHQFRQWUDQDOHWUD'
ϭϳϭ
SUHMXGLFLDO DRV SURFHVVRV GH VXEMHWLYDomR VREUHWXGR GH MRYHQV QHJURV SRLV
FRPRVHQmRIRVVHVXILFLHQWHVXDH[SRVLomRFRWLGLDQDDRVWUDXPiWLFRVHSLVyGLRV
GHYLROrQFLDUDFLDODLQGDSUHFLVDPYHUDKLVWyULDGHVHXSRYRUHVXPLGDDHVVDV
VLWXDo}HV 3RU RXWUR ODGR DV TXHVW}HV UHWUDWDP PDLV XPD YH] D DJrQFLD GR
SRYR QHJUR HP PHLR D HVVHV SURFHVVRV R TXH FRQWULEXL SDUD TXH RV DOXQRV
SRVVDP VH FRQVLGHUDU DJHQWHV KLVWyULFRV ( PDLV TXDQGR R 3LVP H[SORUD DV
GLIHUHQWHVIRUPDVGHUHVLVWrQFLDHOHSRVVLELOLWDTXHRVGLVFHQWHVWDPEpPQRWHP
D KHWHURJHQHLGDGH TXH FRPS}H RV SURFHVVRV GH VXEMHWLYDomR HQYROYHQGR
SHVVRDVQHJUDV$ILQDOGHFRQWDVDIULFDQRVHDIURGHVFHQGHQWHVQmRVHWUDWDP
GHXPEORFRKRPRJrQHRFRPDWLWXGHVHFRPSRUWDPHQWRVLJXDLVKiGHVHSHQVDU
DKLVWyULDGHQRVVRSRYR LQVLVWLPRV FRPDGHYLGDSOXUDOLGDGHHFRPSOH[LGDGH
TXHHODPHUHFH
ϭϳϮ
)LJXUD4XHVWmRTXHHPVXDGLPHQVmRD[LROyJLFDHVWLPXODDFRPSUHHQVmRGDV
GLIHUHQWHVIRUPDVGHUHVLVWrQFLD
)RQWH4XHVWmR>OHWUD$@3URYDGLVFXUVLYDGRPyGXOR,,,GR3LVPGH
$VTXHVW}HVVREUH³KLVWyULDHFXOWXUDGRSRYRQHJURQXPDyWLFDJOREDO´
H[LJHP HP VXD PDLRULD XPD GLVWLQomR HQWUH D HVFUDYL]DomR GHVHQYROYLGD QR
FRQWLQHQWHDIULFDQRGXUDQWHRVVpFXORVTXHDQWHFHGHPDGRPLQDomRHXURSHLDH
D TXH IRL SUDWLFDGD QDV$PpULFDV D SDUWLU GD HUD PRGHUQD GHPDQGDQGR XPD
rQIDVHQRFDUiWHULQVWLWXFLRQDOGDVHJXQGD YHU)LJXUD 1RYDPHQWHSRUWDQWR
D KLVWyULD GR SRYR QHJUR DSDUHFH VXEVXPLGD j KLVWyULD GD HVFUDYLGmR$SHVDU
GLVVR HVVD DERUGDJHP FDUUHJD FRQVLJR HOHPHQWRV D[LROyJLFRV PXLWR
SHUWLQHQWHV (P WHPSRV GH GLVVHPLQDomR GH QDUUDWLYDV QHJDFLRQLVWDV
GHIHQVRUDV GD WHVH GH TXH ³GHVGH D $QWLJXLGDGH RV KXPDQRV JXHUUHDUDP
FRQTXLVWDUDPHVFUDYRVHPXLWDVYH]HVYHQGHUDPRVTXHVREUDYDP´ 1$5/2&+
6HJXQGRRJDEDULWR³2FDQGLGDWRGHYHVHUFDSD]GHFRPSDUDUDVGXDVLPDJHQVGHVWDFDQGR
TXHD,PDJHP$VHUHODFLRQDFRPDOXWDSHODLJXDOGDGHUDFLDOFRQGX]LGDGHIRUPDSDFtILFDSRU
0DUWLQ /XWKHU .LQJ DR SDVVR TXH D ,PDJHP % GL] UHVSHLWR j HVWUDWpJLD GD YLROrQFLD XWLOL]DGD
SHORVµ3DQWHUDV1HJUDV¶SDUDFRPEDWHUDVHJUHJDomRUDFLDOQRV(VWDGRV8QLGRV´ &23(6(
ϭϳϯ
)RQWH4XHVWmR3URYDREMHWLYDGRPyGXOR,GR3LVPGH
(QWUH DV TXDWUR TXHVW}HV TXH YHUVDP VREUH D ³KLVWyULD H D FXOWXUD
DIULFDQD´ WUrV VH SURS}HP D GLVFXWLU DV FDUDFWHUtVWLFDV RX RV LPSDFWRV GR
$SDUWKHLG QR WHUULWyULR VXODIULFDQR H XPD VH UHIHUH j GLVSXWD LPSHULDOLVWD
HXURSHLD SHODÈIULFD1HVVHFRQMXQWRYDOHDVVLQDODUGRLVSRQWRVDWLQHQWHVDRV
HOHPHQWRVD[LROyJLFRVRVWHQWDGRVSHODVTXHVW}HV2SULPHLUR HPDLVHYLGHQWH
GL] UHVSHLWR j WHQWDWLYD GH SURPRYHU XPD GHQ~QFLD GD GLVFULPDomR UDFLDO
LQVWLWXtGDHLQVWLWXFLRQDOL]DGDQDÈIULFDGR6XOGXUDQWHRVpFXORSDVVDGR1HVVH
6HJXQGRRJDEDULWRDDOWHUQDWLYDFRUUHWDVHHQFRQWUDQDOHWUD&
ϭϳϰ
DVSHFWRDVTXHVW}HVVmREHPVXFHGLGDVSRLVHQIDWL]DPRVLPSDFWRVQHJDWLYRV
GDSROtWLFDGR$SDUWKHLGQDVRFLHGDGHVXODIULFDQD YHUILJXUD 3RURXWURODGR
H DJRUD QRV UHIHULPRV DR VHJXQGR SRQWR DV TXDWUR TXHVW}HV VREUH KLVWyULD H
FXOWXUDDIULFDQDH[SORUDPVRPHQWHRDVSHFWRSROtWLFRGRFRQWLQHQWH(FRPRVH
LVVR QmR EDVWDVVH TXDQGR REVHUYDGDV HP VHX OLPLWH UHVXPHP D KLVWyULD GD
ÈIULFDDRVSUREOHPDVSROtWLFRVHQIUHQWDGRVSHORFRQWLQHQWHRXSRUXPDGHVXDV
QDo}HV LPSHULDOLVPR H $SDUWKHLG &DEH SRUWDQWR TXHVWLRQDUPRV TXDLV RV
SURFHVVRV GH VXEMHWLYDomR IRPHQWDGRV SHOR 3LVP DR VLPSOLILFDU GH IRUPD WmR
HVS~ULD D KLVWyULD H D FXOWXUD GR FRQWLQHQWH TXH DEULJDUD DV SRSXODo}HV PDLV
DQWLJDV GHVWH SODQHWD e PXLWR SURYiYHO TXH D UD]mR SDUD LVWR VHMD R
HXURFHQWULVPR TXH FRQWDPLQD H OLPLWD R QRVVR FRQKHFLPHQWR GH PRGR D
LQWHULRUL]DUWXGRDTXLORTXHQmRHPDQDGD(XURSD6HMDFRPRIRUQmRHVWDUtDPRV
DTXLWHQGRHVVDGLVFXVVmRVHDYDULHGDGHGHDERUGDJHQVVREUHKLVWyULDHFXOWXUD
DIULFDQDIRVVHDPHVPDTXHDSDUHFHHPTXHVW}HVVREUHDKLVWyULDHDFXOWXUD
HXURSHLDPDVHVWDpXPDGLVFXVVmRSDUDRXWURWUDEDOKR
)LJXUD4XHVWmRTXHHQIDWL]DRVLPSDFWRVQHJDWLYRVGR$SDUWKHLGHPVHXV
HOHPHQWRVD[LROyJLFRV
6HJXQGRRJDEDULWRDDOWHUQDWLYDFRUUHWDVHHQFRQWUDQDOHWUD&
ϭϳϱ
)RQWH4XHVWmR3URYDREMHWLYDGRPyGXOR,,,GR3LVPGH
&RQVLGHUDo}HV)LQDLV
3HUPLWD TXH HX IDOH QmR DV PLQKDV FLFDWUL]HV (ODV VmR
FRDGMXYDQWHVQmRPHOKRUILJXUDQWHVTXHQHPGHYLDWiDTXL
3HUPLWDTXHHXIDOHQmRDVPLQKDVFLFDWUL]HV7DQWDGRUURXED
QRVVDYR]VDEHRTXHUHVWDGHQyL]"$OYRVSDVVHDQGRSRUDt
3HUPLWDTXHHXIDOHQmRDVPLQKDVFLFDWUL]HV6HLVVRpVREUH
YLYrQFLDPHUHVXPLUDVREUHYLYrQFLDeURXEDURSRXFRGHERP
TXHYLYL3RUILPSHUPLWDTXHHXIDOHQmRDVPLQKDVFLFDWUL]HV
$FKDUTXHHVVDVPD]HODVPHGHILQHPpRSLRUGRVFULPHVe
GDURWURIpXSURQRVVRDOJR]HID]HUQyL]VXPLU>@ (0,&,'$
&RQIRUPHWHQWDPRVGHPRQVWUDUDRORQJRGHVWHHVFULWRR3LVPDSUHVHQWD
LPSRUWDQWHVDYDQoRVQDVQDUUDWLYDVTXHGHVHQYROYHVREUHDKLVWyULDHDFXOWXUD
DIULFDQDHDIUREUDVLOHLUDHPVXDVSURYDV(YLGHQFLDUDUHVLVWrQFLDGRSRYRQHJUR
jHVFUDYLGmRDRUDFLVPRHQILPDTXDOTXHUIRUPDGHGLVFULPDQDomRUDFLDOWDOYH]
VHMD R PDLRU GHOHV 'LVWLQJXLU DV GLIHUHQWHV IRUPDV GH UHVLVWrQFLD QHJUD H RV
YDULDGRVPRGHORVGHHVFUDYL]DomRWDPEpPHQWUDQDHVWHLUDGHVVHVDYDQoRV
$ HYROXomR WRGDYLD QmR VH WUDWD GH XPD OLQKD UHWD TXH FDPLQKD
LQH[RUDYHOPHQWH DR SURJUHVVR $R FRQWUiULR HOD FRQYLYH H VH HQWUHODoD FRP
FRQWUDGLo}HVHDPELJXLGDGHVTXHDWRUQDPDLQGDPDLVFRPSOH[DHLPSUHYLVtYHO
$VVLP WDPEpP WHP RFRUULGR FRP DV QDUUDWLYDV SURSDJDGDV SHOR YHVWLEXODU GD
8)-)2VDYDQoRVPHQFLRQDGRVFRQFRUUHPFRPRVULVFRVGHVLPSOLILFDomRGD
KLVWyULD GR SRYR QHJUR DRV WUDXPDV JHUDGRV SHOD GLVFULPDQDomR UDFLDO 1mR
DFUHGLWDPRVTXHHVWHVHMDRREMHWLYRGRVHODERUDGRUHVGDSURYDPDVDRH[SORUDU
D KLVWyULD H D FXOWXUD DIULFDQD H DIUREUDVLOHLUD VRPHQWH SHOR YLpV GD OXWD H GD
UHVLVWrQFLD HOHV DFDEDP OLPLWDQGR D YDULHGDGH GH KLVWyULDV TXH SRGHP VHU
FRQWDGDVHQYROYHQGRHVWHWHPD
$GLFKLH MiDUJXPHQWDUDVREUHRSHULJRGHSRXFDVKLVWyULDVRXGH
XPD~QLFDDVVLPFRPR$OEHUWL S MiQRVDOHUWDUDTXHD³+LVWyULDpXPD
ϭϳϲ
ϭϳϳ
*$%5,(/&DUPHQ7HUHVD&$67520DUFHOD0RUDHV&RQKHFLPHQWRHVFRODU
REMHWRLQFRQWRUQiYHOGDDJHQGDSROtWLFDHGXFDFLRQDOFRQWHPSRUkQHD(GXFDomR
HP4XHVWmRYQMDQDEU
+$//6WXDUW$LGHQWLGDGHFXOWXUDOQDSyVPRGHUQLGDGH6WXDUW+DOOWUDGXomR
7RPD]7DGHXGD6LOYD*XDUDFLUD/RSHV/RXURHG5LRGH-DQHLUR'3 $
0$57,160DUFXV/HRQDUGR%RPILP$YDOLDomRGDDSUHQGL]DJHPQR(QVLQRGH
+LVWyULDHQWUHVLOrQFLRVGHHGHVDILRVSDUDXPFDPSRGHSHVTXLVD&OLR
5HFLIH YS
0$57,160DUFXV/HRQDUGR%RPILP$YDOLDomRGHPRFUiWLFDGDV
DSUHQGL]DJHQVKLVWyULFDVGHVDILRVjGLGiWLFDGD+LVWyULD(GXFDomRHP5HYLVWD
RQOLQH YS
0$57,160DUFXV/HRQDUGR%RPILP$ LP SRVVLELOLGDGHGDDYDOLDomRQR
(QVLQRGH+LVWyULDXPDDQiOLVHDSDUWLUGHH[HUFtFLRVGHOLYURVGLGiWLFRV5LRGH
-DQHLUR7HVH 'RXWRUDGRHP(GXFDomR ±8QLYHUVLGDGH)HGHUDOGR5LR
GH-DQHLUR 8)5- 5LRGH-DQHLUR
0$57,160DUFXV/HRQDUGR%RPILP'LPHQV}HVD[LROyJLFDVIL[DGDVHP
H[HUFtFLRVGHOLYURVGLGiWLFRVGH+LVWyULD7HPSRH$UJXPHQWR)ORULDQySROLVY
QHPDLRDJR
0$57,160DUFXV/HRQDUGR%RPILP$1'5$'(-XOLDQD$OYHVGH$YDOLDomR
GDDSUHQGL]DJHPFRPRREMHWRGHSHVTXLVDQRHQVLQRGH+LVWyULD,Q-XOLDQD
$OYHVGH$QGUDGH1LOWRQ0XOOHW3HUHLUD 2UJ (QVLQRGH+LVWyULDHVXDV
SUiWLFDVGHSHVTXLVDHG6mR/HRSROGR562LNRVYS
0$57,160DUFXV/HRQDUGR%RPILP*$%5,(/&DUPHQ7HUHVD6DHUMLQKR
VHQWLGRVGHDYDOLDomRHPGLVSXWD(VWXGRVHPDYDOLDomRHGXFDFLRQDO
LPSUHVVR YS
0(,1(5=&DUOD%HDWUL]8PHTXtYRFREHPLQWHQFLRQDGRSRVVLELOLGDGHVSDUD
SHQVDURXVRGROLYURGLGiWLFRGHKLVWyULDHDHGXFDomRDQWLUUDFLVWDHG3RUWR
$OHJUH'LDGRULP
1$5/2&+/HDQGUR*XLDSROLWLFDPHQWHLQFRUUHWRGD+LVWyULDGR%UDVLOHG
6mR3DXOR/H\D
12'$0DULVD$YDOLDomRHQRYDVSHUVSHFWLYDVGHDSUHQGL]DJHPHP+LVWyULD
+LVWyULD (QVLQR/RQGULQDYMXO'LVSRQtYHOHP
KWWSZZZXHOEUUHYLVWDVXHOLQGH[SKSKLVWHQVLQRDUWLFOHYLHZ)LOH
'DWDGHDFHVVRGHQRY
3/È6HEDVWLiQ/DLOXVLyQFLHQWtILFDGHODGLGiFWLFDGHODKLVWRULD
SURYRFDFLRQHVWHyULFDVVREUHHOFRQRFLPLHQWRKLVWyULFRHVFRODU,Q%Oi]TXH]-
ϭϳϴ
&/DWDSt(VFDODQWH3\7RUUHV6DOD]DU+0HPRULDGHO&XDUWR(QFXHQWUR
1DFLRQDOGH'RFHQFLD'LIXVLyQ\(QVHxDQ]DGHOD+LVWRULD0p[LFR5HGGLHK
S
5,%(,525HQtOVRQ5RVD%292&OiXGLD5HJLQD$SURPRomRGDHGXFDomR
KLVWyULFDQRHQVLQRPpGLRRVGHVDILRVGDDYDOLDomRGLDJQyVWLFDHP+LVWyULD,Q
$QDLVGR9,,(QFRQWUR1DFLRQDO3HUVSHFWLYDVGR(QVLQRGH+LVWyULD,,,(QFRQWUR
,QWHUQDFLRQDOGH(QVLQRGH+LVWyULD&DPSLQDV63
6$//(6'LRJRGD&RVWD$FRQFHSomRSHGDJyJLFDHGXFDFLRQDOFRQVHUYDGRUH
UHDFLRQiULRGRPRYLPHQWRHVFRODVHPSDUWLGRXPDFUtWLFDDSDUWLUGDIXQomRGH
VXEMHWLYDomRGRSURFHVVRHQVLQRDSUHQGL]DGR5HYLVWD/(3+Y;,9S
ϭϳϵ
2(16,12'(+,67Ï5,$($/8',&,'$'($(;3(5,Ç1&,$'2
GACHA LIFE1$6$/$'($8/$'$('8&$d2%È6,&$
1DLFRQGH6RX]D%ULQFR
0DULD$SDUHFLGDGD6LOYD&DEUDO
,QWURGXomR
3RUTXHPRELOL]DURGLJLWDOHPXPDDXODGH+LVWyULDGDHGXFDomREiVLFD"
eGRFHUQHGHQRVVDGLVFLSOLQDXPDEXVFDFRQVWDQWHGHLQRYDo}HVTXHWRUQHPD
DXODQmRHQIDGRQKDSDUDDMXYHQWXGH"7DOHPSUHLWDGDWHULDVXFHVVRHPFODVVHV
TXHFRQYLYHPPDLVGHGLIHUHQWHVKLVWyULDVGHYLGDV"6HPQXQFDDOFDQoDUR
YHQWR DR EXVFDU PDQWHUVH VHPSUH DWXDOL]DGR H LQWHUHVVDQWH SDUD WRGRV RV
HVWXGDQWHVSRGHULDRDEULJRGDVWUDGLo}HVRIHUHFHUSDUDRSURIHVVRUVHJXUDQoD
H FRQVWkQFLD QD PDQXWHQomR GR HQVLQRDSUHQGL]DJHP HP +LVWyULD" 7DLV
TXHVW}HVDVTXDLVQmREXVFRUHVSRQGHUQHVWHWH[WRSHUSDVVDPPLQKDSUiWLFD
SURILVVLRQDO GHVGH RV WHPSRV GR HVWiJLR QD JUDGXDomR ¬V HQFRQWUR HP
FRQYHUVDVFRPFROHJDVGHSURILVVmRHHPWH[WRVDFHUFDGRID]HUSHGDJyJLFRHP
GLVWLQWRVFDPSRVGRFRQKHFLPHQWR(VHPSUHUHWRUQDPQRVQRYRVHQFRQWURVTXH
DGRFrQFLDQDHGXFDomREiVLFDSURSLFLDDFDGDDQROHWLYR
3DUDUHIOHWLUVREUHWDLVSHUJXQWDVPRELOL]DPRVRVFRQFHLWRVGHludicidade
experiênciaHimaginação$WXDPRVFRPDSHUVSHFWLYDGDUHOHYkQFLDGDFXOWXUD
HVFRODU H GD HVFULWD KLVWRULRJUiILFD FRPR SDUWH GD SURGXomR GR FRQKHFLPHQWR
KLVWyULFRHVFRODU&RQVLGHUDPRVTXHDVYLYrQFLDVGRVHVWXGDQWHVHVWmRLPHUVDV
HPXPDFXOWXUDQRTXDOH[SHULHQFLDPRPXQGRHPHGLDPVXDFRPSUHHQVmRGD
UHDOLGDGH )(51$1'(6 &RP D H[SDQVmR GR ciberespaço QRV DQRV
'RXWRUDQGRHP+LVWyULD6RFLDO±33*+6))38(5-
e-mailEULQFRQDLFRQ#JPDLOFRP
3URIHVVRUD$GMXQWD33*+63URIKLVWyULD8(5-
e-mailFLGDFDEUDO#JPDLOFRP
$VUHIOH[}HVGRWH[WRHPWHODSDUWHPGRVUHVXOWDGRVGDSHVTXLVDGLVVHUWDWLYDEnsino de História
na Cibercultura: Narrativas sobre a ocupação do território e cidadania a partir da experiência
histórica romana e o Tempo PresenteGHIHQGLGDQRDQRGHQRkPELWRGR3URI+LVWyULD8(5-
VREVXSHUYLVmRGD3URI'U0DULD$SDUHFLGDGD6LOYD&DEUDO1RTXDOGHVHQYROYHPRVXPSODQR
GHHQVLQRMXQWRjHVWXGDQWHVGRVH[WRDQRGDHGXFDomREiVLFDHPXPDHVFRODS~EOLFDQDFLGDGH
GH0DFDp5-
ϭϴϬ
HDFXOWXUDMXYHQLOWHPVLGRPHGLDGDSHODciberculturaRXVHMDSHODV
WHFQRORJLDVGLJLWDLV 6$1726 &RQVLGHUDQGRDWHQGrQFLDGDGpFDGDGH
HP TXH REVHUYDPRV R DXPHQWR GR XVR GH DSDUHOKRV FHOXODUHV QD
SRSXODomREUDVLOHLUDHPGLIHUHQWHVIDL[DVGHUHQGDVDODULDO 0$548(6
RVHVWXGDQWHVTXHKRMHWDOYH]QmRSRVVXHPDFHVVRGLUHWDPHQWHDRciberespaço
VmRSRWHQFLDLVFRQVXPLGRUHVGHDSDUHOKRVGLJLWDLVGHLQIRUPDo}HVHQDUUDWLYDV
TXH FLUFXODP HP UHGHV VRFLDLV H DSOLFDWLYRV GH PHQVDJHQV 4XH SRU YH]HV
WUDQVERUGDP SDUD PtGLDV WUDGLFLRQDLV FLUFXODP HP FRQYHUVDV IRUD GR PHLR
GLJLWDO H VH SURSDJDP KHUGDQGR D OHJLWLPLGDGH GRV HQXQFLDGRUHV TXH DV
FRPSDUWLOKDP
3RUWDQWREXVFDPRVUHIOHWLUVREUHSRVVLELOLGDGHVGHXVRGHMRJRVGLJLWDLV
QR HQVLQR H DSUHQGL]DJHP HP +LVWyULD H IRUPDV GH DYDOLDo}HV$R H[SORUDU R
GLJLWDOQDVDODGHDXODGHQWURGRFDPSRGRHQVLQRGH+LVWyULDLQWHQFLRQDQGRQD
SUiWLFD GRFHQWH R HTXLOtEULR HQWUH R FRQKHFLPHQWR WiFLWR ± RV FDPLQKRV
SRVVLELOLGDGHV H IRUPDV GH ID]HU HP GHWHUPLQDGR HVSDoR HVFRODU ± H DTXHOHV
H[SOtFLWRVTXHSRGHPVHUREMHWRGHUHIOH[mRWHyULFD 6(11(77
-RJRVHOXGLFLGDGH
7UDWDPRV R MRJR FRPR XP IHQ{PHQR FXOWXUDO TXH QmR p QRYLGDGH GD
FRQWHPSRUDQHLGDGH +8,=,1*$ 3RUpPDVSRVVLELOLGDGHVGHRFRUUHUFRP
IHUUDPHQWDV GLJLWDLV RX QR HVSDoR GLJLWDO WrP VH H[SDQGLGR QR SUHVHQWH
0$548(6
6HJXQGR+XL]LQJD RMRJRpXPDDWLYLGDGHOLYUHFRQVFLHQWHPHQWH
WRPDGDFRPR³QmRVpULD´HH[WHULRUjYLGDKDELWXDOFDSD]GHDEVRUYHURMRJDGRU
GHPDQHLUDLQWHQVDHWRWDO'HVOLJDGRGHWRGRLQWHUHVVHPDWHULDOFRPDTXDOQmR
VHSRGHREWHUTXDOTXHUOXFURSUDWLFDGDGHQWURGHOLPLWHVHVSDFLDLVHWHPSRUDLV
SUySULRV VHJXQGR XPD FHUWD RUGHP H UHJUDV 2 TXH YrP D QRV LQWHUHVVDU
HQTXDQWR SURIHVVRUHV GH +LVWyULD SRLV LQWHUGLWD D UHVWULomR GR LQWHUHVVH GDV
DWLYLGDGHVGHDSUHQGL]DJHPGRVHVWXGDQWHVDVLPSOHVREWHQomRGH³QRWDVD]XLV´
HSURPRYHDSDUWLFLSDomRYROXQWiULDFRQGX]LGDSHORSURIHVVRU
3RUH[HPSORDOHLWXUDGRVtoptrendsGRtwitterQRSURJUDPDGD)DWLPD%HUQDGHV³HQFRQWUR´QD
UHGHJORERQRDQRGH
ϭϴϭ
ϭϴϮ
VHXV LPSDFWRV QDV SURMHo}HV GH IXWXUR VH GHVHQYROYHP HQTXDQWR VtQWHVH
SDVVLYDYLVWRDFDUDFWHUtVWLFDVXEMHWLYDGRWHPSR '(/(8=(
(VWHSURFHVVRGHUHILJXUDomRSHODDSURSULDomRGDH[SHULrQFLDGRRXWUR
LQWHQFLRQD D FRPSUHHQVmR GR SDVVDGR QmR FRPR XP SRQWRIL[R GH RULJHP GR
SUHVHQWH PDV FRPR XP WHPSR TXH IRL YLYR H SUHVHQWH 5,%(,52 1D
SHUVSHFWLYDTXHRSURFHVVRGHDSUHQGL]DJHPVHPRYLPHQWHDSDUWLUGDGLPHQVmR
GDLPDJLQDomRTXDOLWDWLYDGRWHPSRHPTXHUHFRQVWLWXLFDVRVSDUWLFXODUHVHP
HVSDoRV TXH OKH VmR SUySULRV FRQVWLWXtGR FRPR SDVVDGR UHIOH[LYR H IXWXURV
UHIOH[LYRV '(/(8=( 1D LPSRVVLELOLGDGH GH UHSURGX]LU R SDVVDGR WDO
FRPRIRLUHFULiORDSDUWLUGRPXQGRFRQKHFLGRGRVMRYHQVHVWXGDQWHV YLYrQFLDV
± VLJQR GR 0HVPR GDV GLIHUHQoDV DOWHULGDGH ± VLJQR GR 2XWUR H QD
VHPHOKDQoD HQWUH UHODo}HV KXPDQDV QR WHPSR TXH WRUQD SUHVHQWH R DXVHQWH
VREVLJQRGR$QiORJR 5,&2(85E $HVVrQFLDGDUHSUHVHQWDomRFRPR
GD EULQFDGHLUD VHJXQGR %HQMDPLQ QmR p fazer como se PDV fazer
sempre de novopDWUDQVIRUPDomRHPKiELWRGHXPDH[SHULrQFLDGHYDVWDGRUD
2KiELWRpHPQRVVDSHUVSHFWLYDDSRLDGDHP'HOHX]H IXQGDGRU
GHRXWURVIHQ{PHQRVSVtTXLFRVHVtQWHVHRULJLQiULDGRWHPSR±DRFRQVWLWXLURV
SUHVHQWHV YLYRV QR WHPSR HP TXH SDVVDP H VH FRQWUDHP RV LQVWDQWHV
VXFHVVLYRV 1HOH VH IRUPDP RV VLVWHPDV GReu GH FDGD LQGLYtGXR VHQGR TXH
HVWHH[LVWHFRPRPRGLILFDomRHQTXDQWRGLIHUHQoDH[WUDtGDGDUHSHWLomR+iQDV
Do}HV GRV VXMHLWRV ODVWUHDGDV SHOR KiELWR XP eu FRQWHPSODWLYR TXH H[WUDL R
QRYRGDVUHSHWLo}HVIRUPDPFRQFHLWRVHFRQWUDtLQVWDQWHVHQTXDQWRFRQGLomR
GR SUHVHQWH $V Do}HV FDUUHJDP FRQVLJR R SDUWLFXODU FRPR YDULiYHO H D
JHQHUDOLGDGHHQTXDQWRHOHPHQWR4XHKiELWRVHVWDPRVHQTXDQWRSURIHVVRUHV
GH+LVWyULDFRQVWUXLQGRQRHVSDoRHVFRODU"
1HVWDSHUVSHFWLYDSRGHPRVDILUPDUTXHDKLVWyULDHVFRODUHPVXDIXQomR
HGXFDWLYD DIHWD D SURGXomR GH VXEMHWLYLGDGHV QDV SUiWLFDV FRWLGLDQDV H
RUGLQiULDV &(57($8 &RP D SRWrQFLD GH FRQVWUXLU QRYRV FDPLQKRV D
VHUHP SHUFRUULGRV QR SURFHVVR GH GHVQDWXUDOL]DomR H GHVFHQWUDPHQWR SHOD
DSURSULDomR GR SDVVDGR TXH OKHV p QRYR RSRUWXQL]DP D DEHUWXUD HP VHXV
VLVWHPDV H[SOLFDWLYRV GH PXQGR D FRPSUHHQVmR GH VL HQTXDQWR DJHQWHV
KLVWyULFRV FDSD]HV GH UHDOL]DU HVFROKDV H QD OLQJXDJHP FULDU QRYDV YDULDo}HV
ϭϴϯ
ϭϴϰ
ϭϴϱ
MXQWR D PRELOL]DomR GH FRQFHLWRV $R WUDWDU GR $QiORJR QD HODERUDomR GR
VHPHOKDQWHHGDGLIHUHQoDHQWUHUHODo}HVKXPDQDVGHWHPSRUDOLGDGHVGLVWLQWDV
5,&2(85 E p QHFHVViULR D LPDJLQDomR FULWHULRVD TXH FULD D SDUWLU GR
HVWXGR '(/(8=(*8$77$5,F GRSDVVDGRHQTXDQWRDo}HVGRVVXMHLWRV
GHQWUR GH XPD SRVVLELOLGDGH KLVWyULFD 2 VLJQR GR 0HVPR QD DSUR[LPDomR GR
RXWUR3DUDQmRFRQJHODURSDVVDGRHQTXDQWRXPDVHTXrQFLDGHSUHVHQWHVR
VLJQRGR2XWURFRPRPDUFDomRGHDOWHULGDGHVHHVWUDQKDPHQWRV3DUDTXHR
RXWUR QmR VHMD XP QHFURPDQWH GR WHPSR TXH GHVWHPSRUDOL]D R SDVVDGR H R
LQWHUGLWDFRPROXJDUTXHXPGLDIRLYLYRHUHDOSRGHVHUPRELOL]DGRRVLJQRGR
$QiORJR QDV VHPHOKDQoDV HQWUH UHODo}HV KXPDQDV QR WHPSR RSHUDQGR HP
OLJDomRFRPRVVLJQRVGR0HVPRHGR2XWURDRH[SOLFDUR³FRPR´ 5,&2(85
E
2VDQDFURQLVPRVTXHSRVVLYHOPHQWHSRGHPDSDUHFHUQDVSURGXo}HVGRV
GLVFHQWHVVmRTXHVW}HVSRWHQWHVSDUDVHUHPGLVFXWLGDVDSDUWLUGDVLQVHUo}HV
GDV YLYrQFLDV GRV HVWXGDQWHV QR PXQGR ILFFLRQDO DQFRUDGR QD H[SHULrQFLD
KLVWyULFD DERUGDGD$R UHWRUQDUPRV RV WUDEDOKRV SDUD RV DOXQRV FRPR IRQWHV
FULDGDVHPVDODHQHODDQDOLVDGDV
2 SURFHVVR GH HQVLQR H DSUHQGL]DJHP TXH RSHUD FRP D LPDJLQDomR
SURGXWRUD GRV GLVFHQWHV JDQKD SRWrQFLD DR XWLOL]DU GLYHUVDV IRQWHV SDUD
SHVTXLVDQRGHVHQYROYLPHQWRGHFRQKHFLPHQWRDFHUFDGHGLIHUHQWHVIRUPDVGH
YLGD H H[SHULrQFLDV KLVWyULFDV &RPSUHHQGHU R FRQWH[WR GH XPD H[SHULrQFLD
KLVWyULFD p XP UHTXLVLWR SDUD IRUPXODU QDUUDWLYDV LPDJLQDWLYDV GHQWUR GDV
SRVVLELOLGDGHV KLVWyULFDV QD H[SORUDomR GDV YDULiYHLV H HVWUXWXUDV GD
WHPSRUDOLGDGHDERUGDGDQDDXOD
3RGHVHUWDPEpPXPPRPHQWRRSRUWXQRSDUDSUREOHPDWL]DUDIDFLOLGDGH
GH FRQVWUXLU QDUUDWLYDV TXH VH DSUR[LPDP GH XPD SUHWHQVmR GH YHUGDGH
KLVWRULRJUiILFDFLHQWtILFDPDVID]HPXVRGHUHFXUVRVGRFDPSRILFFLRQDO9LVWR
TXHDUHFRQVWUXomRKLVWRULRJUiILFDWDPEpPVHXWLOL]DGDLPDJLQDomRSRUVHUR
SDVVDGRLQYHULILFiYHOSRUpPVRIUHLQWHUGLo}HVHDXWRUL]Do}HVGRVGRFXPHQWRV
%$5%26$ 3RLVD³QDUUDWLYDKLVWyULFDGHILQHFRQFHLWRVHFULDHQUHGRVD
SDUWLU GH SHVTXLVD HPStULFD GRFXPHQWDO PDV R HOHPHQWR FULDWLYR p R GH
LPDJLQDomRKLVWyULFD´ 3(5(,5$ 7DOFXLGDGRQRGHVHQYROYLPHQWRRFRUUH
ϭϴϲ
QDWHQVmRHQWUHXPUHODWLYLVPRLQyFXRTXHSRGHYLUDOHJLWLPDUQHJDFLRQLVPRVH
FULVWDOL]Do}HVGHYHUGDGHVEDVHDGDVQDDXWRULGDGHHWUDGLomR
3HUHLUDLQGLFDWUrVIRUPDVGHRSHUDUFRPDLPDJLQDomRHPXPDDXODGH
+LVWyULD L FULDo}HVUHODFLRQDGDVDRSDVVDGRKLVWyULFRKLVWyULDVLPDJLQDGDVTXH
DFRQWHFHPQRFRQWH[WRQDUUDGRSHODKLVWRULRJUDILD LL FULDo}HVGHSRVVLELOLGDGHV
GH SDVVDGRV DOWHUQDWLYRV e se.… LLL FULDomR GH IXWXURV PHOKRUHV FRP D
LPDJLQDomRGHSDVVDGRVGLIHUHQWHV 3(5(,5$
3RUWDQWR XWLOL]DU R Gacha Life HP GLiORJR FRP D LPDJLQDomR MXQWR j
DSUHQGL]DJHP SURFHGLPHQWDO GH RSHUDU FRP R GLJLWDO QD VDOD GH DXOD p XP
PRYLPHQWRGHYLQFXODURHQVLQRGH+LVWyULDDV7,&VHDLPDJLQDomR
([SHULrQFLD
6HJXQGR .RVHOOHFN D H[SHULrQFLD p R SDVVDGR DWXDO DTXHOH QR
TXDO DFRQWHFLPHQWRV IRUDP DSURSULDGRV H SRGHP VHU OHPEUDGRV 1HVWD
SHUVSHFWLYD FRQVLGHUDPRV D FRQVWUXomR GR FRQKHFLPHQWR KLVWyULFR HVFRODU
FRPR SURFHVVR GH DSURSULDomR GH H[SHULrQFLDV DOKHLDV HP HVSDoRVWHPSR
GLYHUVRV XP HQFRQWUR FRP D DOWHULGDGH 1HVWH VHQWLGR D FRQVWUXomR GH
QDUUDWLYDVDSDUWLUGHXPRXWURWHPSREDVHDGRHPXPWHPDHQDPRELOL]DomRGH
FRQFHLWRVDEUHSRVVLELOLGDGHVSDUDQRYDVIRUPDVGHYLYHUFRPRDODUJDPHQWR
GR HVSDoR GH H[SHULrQFLD .26(//(&. WHQVLRQDQGR RV HVWUDWRV GH
WHPSR TXH VH IXQGHP QD FRQVFLrQFLD H IRUPDP D VtQWHVH SDVVLYD GR WHPSR
'(/(8=( (PRSRVLomRDRWHPSRTXDOLWDWLYRHOLQHDUTXHSRGHUHVXOWDU
HP XP IXWXUR SRVWR H GHWHUPLQDGR TXH MXVWLILFRX GLIHUHQWHV IRUPDV GH
SUHFRQFHLWRV H IRL VXSRUWH GH WHRULDV HXJHQLVWDV DR ORQJR GD +LVWyULD KXPDQD
'(/(8=(*8$77$5,G+$572*
1DUUDWLYDV SURGX]LGDV SHORV HVWXGDQWHV QRUWHDGDV SRU FRQFHLWRV H XP
WHPD TXH FRQWHPSOHP DV FDUDFWHUtVWLFDV GD WRWDOLGDGH H[WHQVmR DSURSULDGD H
FRPSOHWXGH %5,1&2 DSXG 5,&2(85 D H RSHUHP FRP D
LPDJLQDomR VmR HVFULWDV QR SUHVHQWH H SRU PHLR GD OLQJXDJHP WUDQVERUGDP
TXHVW}HV DFXPXODGDV QDV YLYrQFLDV GRV DOXQRV$ QDUUDomR GH XP RXWUR GR
SDVVDGR p WRUQDGR WDPEpP D QDUUDWLYD GH VHXV SRVLFLRQDPHQWRV GH PXQGR
)(51$1'(6 HFRPSUHHQVmRDFHUFDGDWHPSRUDOLGDGHGHUHIHUrQFLDGR
ϭϴϳ
FRQWH~GRFXUULFXODUHQTXDQWRH[SHULrQFLDKLVWyULFDGDKXPDQLGDGH %(1-$0,1
2SURIHVVRUDRQDUUDUH[SHULrQFLDVDQFRUDGDVQDKLVWRULRJUDILDHDQiOLVH
GH IRQWHV UHWLUD GH VL H GRV RXWURV GDV SURGXo}HV GH KLVWRULDGRUHV H GRV
GRFXPHQWRV RTXHFRQWDGRSDVVDGRHPVDODHDFUHVFHQWDQHVWHSURFHVVRDV
H[SHULrQFLDVGRVRXYLQWHVRVGLVFHQWHV2HVWXGDQWHDRUHWRUQDUFRPXPDQRYD
QDUUDWLYDDFHUFDGRVWHPDVQDUUDGRVSHORGRFHQWHLQFRUSRUDDVLHDIRUPDFRPR
VHDSURSULRXGDVH[SHULrQFLDVQDUUDGDVDHOHVSHORSURIHVVRUTXHDJRUDDVVXPH
RSDSHOGHRXYLQWHMXQWRFRPRVRXWURVHVWXGDQWHVGDPHVPDVDODGHDXOD1mR
p HVWH SURFHVVR TXH %HQMDPLP LQGLFD HQULTXHFHU DV H[SHULrQFLDV QR
LQWHUFkPELRGHODV"
3RUWDQWRDDSUHQGL]DJHPHPKLVWyULDPRELOL]DGDDSDUWLUGRFRQFHLWRGH
H[SHULrQFLD QmR DFRPSDQKD XPD KLVWyULD DQWLTXiULD TXH REMHWLYD R PDLRU
DF~PXORGHSDVVDGRSRVVtYHO8PDKLVWyULDOLQHDUUHFKHDGDGHGDWDVQRPHVH
JUDQGHVHVWUXWXUDVSRGHJHUDUFXULRVLGDGHHERDVQRWDVHPSURYDV3RUpPQmR
H[SORUDRSRWHQFLDOGHXPDDXODGH+LVWyULDGDLPDJLQDomRFULDGRUDGRWDGDGH
VHQWLGRTXHSUHHQFKHRWHPSRFRPDH[SHULrQFLDKXPDQDVHPSHUGHUGHYLVWD
DVHVWUXWXUDVHSURFHVVRVGHIXQGR
7HPRV R HQWHQGLPHQWR TXH ³FRUUHU FRP FRQWH~GR´ QD FHOHULGDGH GH
FRQVXPRHPVDODGHDXODGDPDLRUTXDQWLGDGHSRVVtYHOGHSDVVDGRQmRSULRUL]D
D FRQVWLWXLomR GH H[SHULrQFLDV FRP RXWURV WHPSRV H GLPLQXL D SRWrQFLD GH RV
DOXQRV WUDQVFHQGHUHP D H[SHULrQFLD YLYLGD UHODFLRQDGD DR LQGLYtGXR VROLWiULR
SDUD XPD H[SHULrQFLD FROHWLYD UHODFLRQDGD D FRPXQLGDGH %(1-$0,1
4XHVHMDSHUPLWLGDQDDXODGH+LVWyULDDH[SHULrQFLDHQTXDQWRIUXLomRGDYLGD
HYLWDQGR WDQWR TXDQWR SRVVtYHO DV XUJrQFLDV TXH VH UHQRYDP H DR LQYDGLU
GLIHUHQWHVHVSDoRVQRVFRQYHQFHPTXHDRWLPL]DomRGDSURGXWLYLGDGHpDUD]mR
GHVHUGDH[LVWrQFLDLQGLYLGXDOHFROHWLYDQRTXDODHVFRODFXPSUHVHXGHVWLQR
GHFLYLOL]DU .5(1$. 2XSHUVSHFWLYDVGHPHWRGRORJLDVTXHVHGHFODUDP
DWLYDVHRXmaker 52&+$9$/(17(%$&,&+ HIDFLOLWDGRUDVGD
DXWRQRPLD PDV TXH QmR SURPRYHP D HPDQFLSDomR )5(,5( DR
PDQWHUHPVH VXEPLVVDV DRV LQWHUHVVHV XWLOLWDULVWDV GR FDSLWDOLVPR QHROLEHUDO
6$1726
ϭϴϴ
$ GHVFULomR GR PpWRGR H GHVHQYROYLPHQWR GDV DXODV SRGHP VHU OLGDV QR DUWLJR Ensino de
História na educação básica: a experiência histórica romana, e o tempo presente, na sala de aula
%5,1&2 SXEOLFDGRQDRevista Transversos1HVWHWH[WRQRVSURSRPRVDXPDUHIOH[mR
FRQFHLWXDOGRWUDEDOKRGHVHQYROYLGR
ϭϴϵ
LifeFRPDVFODVVHVSHVTXLVDGDVQRWDPRVRHQJDMDPHQWRGHXPDIRUPDSUiWLFD
HQmRDSHQDVLQVWUXPHQWDO 6(11(77 2VTXHWLQKDPIDPLOLDULGDGHFRP
RDSOLFDWLYRUHODWDUDPHVWDUPRWLYDGRVHPHQVLQDUDRVFROHJDVHSRGHUXWLOL]iORV
HPXPDDXOD$RHQFRQWUDURVHVWXGDQWHVSDUWLFLSDQWHVQRLQtFLRGRDQRVHJXLQWH
SHUJXQWDUDP VH IDULDP QRYDPHQWH R WUDEDOKR FRP R Gacha GH FULDU
QDUUDWLYDV)HQ{PHQRTXHUHODWRWHUDFRQWHFLGRWDPEpPHPDRXWLOL]DUPRV
HVWH game MXQWR H FULDomR GH podcast QR DSOLFDWLYR Anchor PDQWHQGR QD
PHWRGRORJLDIRUPDFRRSHUDWLYDHFRQVWUXomRGHQDUUDWLYDV
&RQVLGHUDPRV D DYDOLDomR XP LQVWUXPHQWR GH FRQVWUXomR GR
FRQKHFLPHQWRIHUUDPHQWDHPTXHSRGHPVHUDQDOLVDGRVRVVLJQLILFDGRVTXHRV
HVWXGDQWHVGHUDPDRFRQWH~GRDQWHDPHWRGRORJLDGHHQVLQRHVXDVDWXDo}HV
QR SURFHVVR GH DSUHQGL]DJHP ( D SDUWLU GHOD p SRVVtYHO TXH R SURIHVVRU
GHVHQYROYDQRYDVHVWUDWpJLDVTXHSUHHQFKDPODFXQDVLGHQWLILFDGDV
2V DOXQRV DR QDUUDUHP R RXWUR HP HVSDoRV H DUWHIDWRV TXH HVWmR
LPEULFDGDVDVXDFXOWXUD RPHLRGLJLWDO QDUUDPXPSRXFRVREUHVLPHVPRVHP
XPHVSDoRGHSURGXomRTXHOKHVpIDPLOLDURXWRUQDGRIDPLOLDUSHORVFROHJDVGD
PHVPDJHUDomR$RDYDOLDUPRVDVQDUUDWLYDVGRVGLVFHQWHVpYROWDGDDDWHQomR
SDUDDVPDQHLUDVFRPTXHRVFRQFHLWRVVmRRSHUDGRVHSRUPHLRGDOLQJXDJHP
p SRVVtYHO DQDOLVDU FRPR DV H[SHULrQFLDV VmR PDQLIHVWDGDV &RQVLGHUDPRV
LPSRUWDQWH D YLJLOkQFLD GH QmR FDLU QDV DUPDGLOKDV GH SUiWLFDV DYDOLDWLYDV TXH
UHIRUFHP D FRQFHSomR GD GLVFLSOLQD KLVWyULFD FRPR HQFLFORSpGLFD H
PHPRULDOtVWLFDDRVHOHFLRQDURVTXHVDEHPGRVTXHQmRVDEHPVHPFRQVLGHUDU
DV FRQILJXUDo}HV WH[WXDLV HP TXH RV GLVFHQWHV FRQVWURHP VXDV QDUUDWLYDV
6$1726 'HIRUPDDLQYHVWLJDUQDVDYDOLDo}HVTXDLVVLJQLILFDGRVTXH
RVDOXQRVFRQVWURHPSDUDRSDVVDGRFRPDSHUVSHFWLYDGHTXHDVQDUUDWLYDV
VHPSUH DSUHVHQWDP FRQWH~GRV RULJLQDLV FULDGRV D SDUWLU GDV H[SHULrQFLDV
DSURSULDGDV 5,%(,52 H GHVVD FULDomR RV HVWXGDQWHV SRGHP H[WUDLU D
GLIHUHQoDDSDUWLUGDUHSHWLomR '(/(8=( ,QWHJUDQGRGLIHUHQWHVFDPDGDV
GHH[SHULrQFLDVWHPSRUDLVQRTXDOpSRVVtYHODYDOLDURVVHQWLGRVH[SUHVVDGRVQD
OLQJXDJHPFRPRVHUHODFLRQDPFRPRWHPSRHDUHDOLGDGH 5,%(,52
2gameHRVFHOXODUHVXVDGRVFRPREULQTXHGRVQDVDODGHDXODVmRSDUWH
GR SDWULP{QLR FXOWXUDO KXPDQR %(1-$0,1 $R XWLOL]iOR QR HVSDoR
ϭϵϬ
ϭϵϭ
FRQVHTXrQFLDV GD DWXDomR GRV SHUVRQDJHQV QR LQWHULRU GD WHVVLWXUD GD LQWULJD
TXH FRQWHPSOH DV FDUDFWHUtVWLFDV GD FRPSOHWXGH H[WHQVmR DSURSULDGD H
WRWDOLGDGH %5,1&2&$%5$/ 7HPRVFRQVLGHUDGRTXHDFRQVWUXomRGRV
DUJXPHQWRV TXH PRELOL]DP D UHODomR HQWUH DFRQWHFLPHQWRV H FRQWLQXLGDGHV
GHQWUR GR SURFHVVR KLVWyULFR p XP LQGLFDWLYR TXH R HVWXGDQWH RSHURX FRP D
KDELOLGDGH GH LGHQWLILFDU FRQWLQXLGDGHV GHQWUR GH XPD H[SHULrQFLD KLVWyULFD
GLVWDQWHWHPSRUDOHHVSDFLDOPHQWH
$R ID]HU XVR GD QDUUDWLYD H GD LPDJLQDomR RV DOXQRV SRGHP LQVHULU RV
SHUVRQDJHQVHPXPFRQWH[WRTXHVXDVDo}HVLQWHUIHUHPHVRIUHPLQWHUIHUrQFLDV
GRVSURFHVVRVGHIXQGRPDQLSXODQGRDVYDULiYHLVKLVWyULFDV$RSUHHQFKHUHPRV
FDUDFWHUHVGRVSHUVRQDJHQVHIRUPXODUHPXPDLQWULJDIRLSRVVtYHOSHUFHErORV
FRPRFRQVWUXWRUHVGHSRVVLELOLGDGHVGHQWURGHXPFRQWH[WRTXHOKHVpGDGR±
HP XP SURFHVVR DUWHVDQDO HP HVSDoR GLJLWDO 6(11(77 (PRo}HV
WHQGHP D PDQLIHVWDUVH QR SURFHVVR GH FULDomR LPDJLQDWLYD QR TXDO R DWR GH
ID]HU FRPSRUWD HP VL SHQVDPHQWRV H VHQWLPHQWRV 6(11(77
,GHQWLILFDPRV SRVLFLRQDPHQWRV H DIHWRV GRV VXMHLWRVFULDGRUHV HP UHODomR DR
PXQGRYLYLGRQDVDWLYLGDGHVTXHQDUUDPRXWURVPXQGRV
2 game Gacha Life p GLVSRQLELOL]DGR VRPHQWH QD OtQJXD LQJOHVD R TXH
SHUFHEHPRVWRUQDURSURFHVVRGHFULDomRGHDYDWDUHVHFHQiULRVVHUSRVVtYHO
SHODWHQWDWLYDHHUURDSDUWLUGRVUHFXUVRVLPDJpWLFRVGRDSOLFDWLYRVHPXWLOL]DomR
SHORV HVWXGDQWHV GRV WXWRULDLV H[SOLFDWLYRV HVFULWRV H GLVSRQLELOL]DGRV QR MRJR
1mR KDYLD GLVFHQWHV IOXHQWHV QD OtQJXD LQJOHVD PDV VH DYHQWXUDUDP
H[SHULPHQWDQGR FDPLQKRV GLiORJRV H SRVLo}HV GH DYDWDUHV +DELWDQGR D
H[SHULrQFLDGHHVWDUUHDOL]DQGRDDWLYLGDGHSURSRVWDVHPFRPSHWLWLYLGDGHFRPR
IDWRUGHHQJDMDPHQWR
3RU XWLOL]DUHP D LPDJLQDomR FULDGRUD RV GLVFHQWHV QmR VH OLPLWDUDP D
UHSURGX]LU D H[SHULrQFLD GR SDVVDGR KLVWyULFR PDV LQWHUYLU QHOD D SDUWLU GD
LQFRUSRUDomR GH TXHVW}HV H GHPDQGDV GR SUHVHQWH GH VHXV FRWLGLDQRV 1R
HQWDQWR WRGRV RV DFRQWHFLPHQWRV SUHYLDPHQWH VHOHFLRQDGRV H HVFULWRV HP
OLQKDV GR WHPSR H WH[WRV HVWDYDP UHODFLRQDGRV DRV FRQFHLWRV H WHPDV
DERUGDGRV QD UHIOH[mR FRQWURODGD GRV DQDFURQLVPRV /25$8;
0217(,526,/9$
ϭϵϮ
ϭϵϯ
ϭϵϰ
'(/(8=(**8$77$5,)0LOSODW{VFDSLWDOLVPRHHVTXL]RIUHQLD
7UDGXomR($QD/~FLD'H2OLYHLUD/~FLD&OiXGLD/HmRHG5LRGH-DQHLUR
(GEY &ROHomR75$16
'(/(8=(**8$77$5,)0LOSODW{VFDSLWDOLVPRHHVTXL]RIUHQLD
7UDGXomR($QD/~FLD'H2OLYHLUD/~FLD&OiXGLD/HmRHG5LRGH-DQHLUR
(GFY &ROHomR75$16
'(/(8=(**8$77$5,)0LOSODW{VFDSLWDOLVPRHHVTXL]RIUHQLD
7UDGXomR($QD/~FLD'H2OLYHLUD/~FLD&OiXGLD/HmRHG5LRGH-DQHLUR
(GGY &ROHomR75$16
)(51$1'(6$+1DUUDWLYDGHFULDQoDVQDVRFLHGDGHGDLPDJHPHG
&XULWLED$SSULV
)5(,5(33HGDJRJLDGR2SULPLGRRHG5LRGH-DQHLUR3D]H7HUUD
+$572*)5HJLPHVGHKLVWRULFLGDGH%HOR+RUL]RQWH$XWrQWLFD
+8,=,1*$-+RPROXGHQVRMRJRFRPRHOHPHQWRGDFXOWXUD /HG6mR
3DXOR3HUVSHFWLYD
.23(1$:$'$/%(57%$TXHGDGRFpX3DODYUDVGHXP[DPm
\DQRPDPLHG6mR3DXOR&RPSDQKLDGDV/HWUDV
.26(//(&.5)XWXUR3DVVDGR5LRGH-DQHLUR38&5LR&RQWUDWHPSR
.5(1$.$$YLGDQmRp~WLO6mR3DXOR&RPSDQKLDGDV/HWUDV
/25$8;1(ORJLRGRDQDFURQLVPR,Q129$(6$'$872 2UJ 7HPSRH
+LVWyULD6mR3DXOR&LDGDV/HWUDVS±
/8&.(6,&/XGLFLGDGHHIRUPDomRGRHGXFDGRU5HYLVWD(QWUHLGHLDV
HGXFDomRFXOWXUDHVRFLHGDGHYQVHW'LVSRQtYHOHP
KWWSVSHULRGLFRVXIEDEULQGH[SKSHQWUHLGHLDVDUWLFOHYLHZ!$FHVVRHP
QRY
0$548(6&)³2VQ~PHURVIDODPSRUVLPHVPRV´XPDDQiOLVHGD
FRPXQLFDomRGHGDGRVHVWDWtVWLFRVGR,%*(I'RXWRUDGR±
8QLYHUVLGDGHGR(VWDGRGR5LRGH-DQHLUR8(5-5LRGH-DQHLUR
'LVSRQtYHOHPKWWSVZZZEGWGXHUMEUKDQGOH!$FHVVRHP
IHY
0217(,52$07HPSRSUHVHQWHQRHQVLQRGHKLVWyULD2DQDFURQLVPRHP
TXHVWmR,Q*21d$/9(60'($et al. 2UJ 4XDORYDORUGDKLVWyULD
KRMH5LRGH-DQHLUR)*9S±
ϭϵϱ
3(5(,5$102TXHSRGHDLPDJLQDomRQDDSUHQGL]DJHPKLVWyULFD"&/,2
5HYLVWDGH3HVTXLVD+LVWyULFDYQS±MXO
5,%(,5250'(21$55$7,9$$57,&8/$d®(6(175(3(16$0(172
(/,1*8$*(01$$35(1',=$*(0+,67Ï5,&$5HYLVWDHOHWU{QLFD
'RFXPHQWR0RQXPHQWR>UHFXUVRHOHWU{QLFR]YS±VHW
5,&2(8537HPSRHQDUUDWLYD$LQWULJDHDQDUUDWLYDKLVWyULFDHG6mR
3DXOR:0)0DUWLQV)RQWHVDY
5,&2(8537HPSRHQDUUDWLYD2WHPSRQDUUDGRHG6mR3DXOR:0)
0DUWLQV)RQWHVEY
52&+$-'HVLJQWKLQNLQJQDIRUPDomRGHSURIHVVRUHVQRYRVROKDUHVSDUDRV
GHVDILRVGDHGXFDomR,Q9$/(17(-$%$&,&+/ 2UJ 0HWRGRORJLDV
DWLYDVSDUDXPDHGXFDomRLQRYDGRUDXPDDERUGDJHPWHyULFRSUiWLFD.
3RUWR$OHJUH3HQVRS±'LVSRQtYHOHP
KWWSVFXULWLEDLISUHGXEUZSFRQWHQWXSORDGV0HWRGRORJLDV$WLYDV
SDUDXPD(GXFDFDR,QRYDGRUD%DFLFKH0RUDQSGI!
6$17260$/'263UiWLFDVGHHVFULWDHVFRODUQRHQVLQRGH+LVWyULD
LQGtFLRVGHVLJQLILFDomRGRWHPSRHPPDQXVFULWRVHVFRODUHV5HYLVWD+LVWyULD
+RMHYQS±
6$1726(3HVTXLVD)RUPDomR1D&LEHUFXOWXUD7HUHVLQD('8)3
'LVSRQtYHOHP
KWWSZZZHGPHDVDQWRVSUREUDVVHWVOLYURV/LYUR3(648,6$
)250$&&21$&,%(5&8/785$B(%22.SGI!
6$172602GLQKHLURHRWHUULWyULR,Q025(,5$52/,9(,5$03'(
+$(6%$(575 2UJ 7HUULWyULRWHUULWyULRV(QVDLRVVREUHR
RUGHQDPHQWRWHUULWRULDODHGLomRHG5LRGH-DQHLUR/DPSDULQDS
±
6(11(7752DUWtILFHHG5LRGH-DQHLUR(GLWRUD5HFRUG
6,/9$'32OXJDUGRWHPSRSUHVHQWHQDDXODGHKLVWyULDOLPLWHVH
SRVVLELOLGDGHV5HYLVWD7HPSRH$UJXPHQWRYQS±PDLR
9$/(17(-$%$&,&+/ 2UJ 0HWRGRORJLDVDWLYDVSDUDXPDHGXFDomR
LQRYDGRUDXPDDERUGDJHPWHyULFRSUiWLFD3RUWR$OHJUH3HQVR
ϭϵϲ
+,67Ï5,$6'$È)5,&$(0(',(9$/7(0325$/,'$'(6
6,*1,),&$'$6(07(;726&855,&8/$5(6
0LND\OD*UDFH:HUQHFN
0DUFXV%RPILP
,QWURGXomR
$RORQJRGDIRUPDomRLQLFLDOFRPRSURIHVVRUDGH+LVWyULDQD8QLYHUVLGDGH
)HGHUDOGH-XL]GH)RUDWHQKRPHGHSDUDGRFRPYiULRVWHPDVTXHSURYRFDUDP
TXHVWLRQDPHQWRVVREUHFRPRRPXQGR IXQFLRQDHFRPRHXPHUHODFLRQRFRP
HOH (VVDV SURYRFDo}HV IRUDP PDQLIHVWDGDV HP YiULDV DYDOLDo}HV GDV
GLVFLSOLQDVGRFXUVRSRUpPXPWHPDHVSHFtILFRVHPSUHFKDPRXPLQKDDWHQomR
GHVGH DQWHV GH HQWUDU QD XQLYHUVLGDGH D +LVWyULD 0HGLHYDO RX PDLV
HVSHFLILFDPHQWH R TXH HX QmR DSUHQGL VREUH D +LVWyULD 0HGLHYDO 1R HQVLQR
EiVLFRHXPHFDQVDYDGHDSUHQGHUVREUHD,JUHMD&DWyOLFDHVXDLQIOXrQFLDQD
VRFLHGDGHIHXGDOHDWUDQVLomRSDUDRFDSLWDOLVPR(VVHSHUtRGRGHPLODQRVPH
SDUHFLDPXLWRPDLVGRTXHHXHVWDYDDSUHQGHQGRHGHVGHHVVDpSRFDHXMiPH
TXHVWLRQDYD RQGH HVWDYD R VKǀHQNRNXJDU\ǀ R ³IHXGDOLVPR MDSRQrV´ H D HUD
&KnjVHLUHIHUHQWHDRVSHUtRGRV.DPDNXUDH0XURPDFKLGD+LVWyULDGH-DSmR²
SULQFLSDOPHQWHSHORIDWRGHVHUXPDFRQVXPLGRUDGHPtGLDVMDSRQHVDV
$R HQWUDU QD XQLYHUVLGDGH PH GHSDUHL FRP DSHQDV XPD GLVFLSOLQD GH
+LVWyULD0HGLHYDORTXHpSDGUmRQDVXQLYHUVLGDGHVIHGHUDLVGRHVWDGRGH0LQDV
*HUDLV3RUpPPHFDXVRXXPDFDUrQFLDSHORIDWRGHFRQKHFHURVFXUUtFXORVGDV
XQLYHUVLGDGH IHGHUDLV IOXPLQHQVHV TXH SRVVXHP PDLV GH XPD GLVFLSOLQD SDUD
+LVWyULD 0HGLHYDO H +LVWyULD GD ÈIULFD 4XDQWR PDLV HX PH DSURIXQGDYD QRV
*UDGXDQGD HP +LVWyULD8QLYHUVLGDGH )HGHUDO GH -XL] GH )RUD ZHUQHFNPLND\OD#JPDLOFRP
0HPEUR GR *UXSR GH (VWXGRV H 3HVTXLVDV HP $YDOLDomR &XUUtFXOR H (QVLQR GH +LVWyULD
*(3$&(+8)-)&13T HYROXQWiULDGRSURMHWRGH,QLFLDomR&LHQWtILFD³$YDOLDomRH(QVLQRGH
+LVWyULDDUWLFXODo}HVHQWUHFXOWXUDKLVWyULFDHFXOWXUDHVFRODUHPSURFHVVRVGHREMHWLYDomRGR
FRQKHFLPHQWRKLVWyULFRHVFRODUHPLQVWUXPHQWRVDYDOLDWLYRV´
'RXWRUHP(GXFDomR3URIHVVRUGDiUHDGH(QVLQRGH+LVWyULDGD)DFXOGDGHGH(GXFDomRGD
8QLYHUVLGDGH )HGHUDO GH -XL] GH )RUD )DFHG8)-) GR 3URJUDPD GH 3yVJUDGXDomR HP
(GXFDomR GD 8QLYHUVLGDGH )HGHUDO GH -XL] GH )RUD 33*(8)-) H GR 3URJUDPD GH 3yV
JUDGXDomR HP (QVLQR GH +LVWyULD GD 8QLYHUVLGDGH )HGHUDO GR 5LR GH -DQHLUR
3URI+LVWyULD8)5- /tGHUGR*UXSRGH(VWXGRVH3HVTXLVDVHP$YDOLDomR&XUUtFXORH(QVLQR
GH+LVWyULD *(3$&(+8)-)&13T (PDLOGHFRQWDWRPDUFXVERPILP#XIMIEU
ϭϵϳ
HVWXGRVPHGLHYDLVPDLVHXPHTXHVWLRQDYDSRUTXHRVQRYRVTXHVWLRQDPHQWRV
HWHPDVHRVYHOKRVWHPDVVREQRYDVSHUVSHFWLYDVQmRHVWDYDPSUHVHQWHVQR
TXH HX DSUHQGL QR HQVLQR EiVLFR 0H SHUJXQWDYD TXDQWRV RXWURV DOXQRV GR
(QVLQR0pGLRVHFDQVDPGHHVWXGDUVREUHD,GDGH0pGLDSRUVHUXPSHUtRGR
UHSUHVHQWDGRFRPRXPSHUtRGRGLVWDQWHGRPLQDGRSHODUHOLJLRVLGDGHFULVWmVHP
DSUHVHQoDGHPXOKHUHVHWF
$VVLP DR HQWUDU QR 3URMHWR GH 0RQLWRULD GDV GLVFLSOLQDV GH +LVWyULD GD
ÈIULFD H +LVWyULD 0HGLHYDO ² GXDV GLVFLSOLQDV TXH QmR VmR VHSDUDGDV SHOR
3URMHWR WHQGR DVVLPXP PRQLWRU SDUD DPEDV ² FRRUGHQDGR SHOD 3URID 'UD
'HQLVH GD 6LOYD 0HQH]HV GR 1DVFLPHQWR PH GHSDUHL FRP D RSRUWXQLGDGH GH
UHDOL]DU HVVD SHVTXLVD XPD SHVTXLVD QD TXDO HX SRGHULD DQDOLVDU TXDLV
QDUUDWLYDV VREUH D +LVWyULD GD ÈIULFD H D +LVWyULD 0HGLHYDO WrP VLGR
KHJHPRQL]DGRVQDHGXFDomREiVLFDHSUREOHPDWL]iODV$UWLFXODQGRR3URMHWRGH
0RQLWRULD DR SURMHWR GH ,QLFLDomR &LHQWtILFD ³$YDOLDomR H (QVLQR GH +LVWyULD
DUWLFXODo}HVHQWUHFXOWXUDKLVWyULFDHFXOWXUDHVFRODUHPSURFHVVRVGHREMHWLYDomR
GR FRQKHFLPHQWR KLVWyULFR HVFRODU HP LQVWUXPHQWRV DYDOLDWLYRV´ FRRUGHQDGR
SHOR 3URI 'U 0DUFXV /HRQDUGR %RPILP 0DUWLQV SURFXUHL FRPSUHHQGHU R
LPDJLQiULR TXH DOXQRV GH JUDGXDomR SRVVXHP VREUH D +LVWyULD 0HGLHYDO H D
+LVWyULDGDÈIULFDHFRPRHOHWHPVLGRKHJHPRQL]DGRQRYHVWLEXODU3LVP
3RUWDQWR DR ORQJR GDV SHVTXLVDV UHDOL]DGDV HP WHQKR PH
TXHVWLRQDGRRTXHWHPVLGRGHIDWRPRELOL]DGRHDYDOLDGRHPUHODomRjViUHDV
GH+LVWyULD0HGLHYDOH+LVWyULDGDÈIULFD$LQGDVHHVWXGDD,GDGH0pGLDSRUPHLR
GRROKDUFRQVWUXtGRQR5HQDVFLPHQWR"2VJUDQGHVUHLQRVGRFRQWLQHQWHDIULFDQR
VmR FRPSUHHQGLGRV FRPR SDUWH GR SHUtRGR PHGLHYDO" &RPR VmR YLVWRV RV
FRQWDWRVHQWUHRVYiULRVSRYRVGXUDQWHHVWHSHUtRGR"(VVDViUHDVVmRGHIDWR
GLVWDQWHVGHPDLVSDUDDFRPSUHHQVmRGHDOXQRVGHHQVLQREiVLFR"
(QWUHRYHVWLEXODUHRFXUUtFXORHVFRODUUHIOH[}HVLQLFLDLV
6LOYD DILUPDTXHRFXUUtFXORpVHPSUHRUHVXOWDGRGHXPDVHOHomR
HVHJXLUHPRVFRPHVVHDUJXPHQWRDRORQJRGHVWHWH[WR$VVLPSHUFHEHUHPRV
23URJUDPDGH,QJUHVVR6HOHWLYR0LVWR 3LVP pRYHVWLEXODUH[FOXVLYRGD8QLYHUVLGDGH)HGHUDO
GH-XL]GH)RUDDSOLFDGRQRILQDOGHFDGDDQRGR(QVLQR0pGLR+iGHVVDPDQHLUDWUrVPyGXORV
GRYHVWLEXODUFDGDXPWHQGRXPDSURYDREMHWLYDHXPDGLVFXUVLYD
ϭϵϴ
MXVWDPHQWHRSURFHVVRGHHVFROKDVTXHIRUDPUHDOL]DGDVSDUDMXVWLILFDURHVWXGR
³GHVVHV FRQKHFLPHQWRV´ H QmR ³GDTXHOHV´ DR DERUGDU D +LVWyULD GD ÈIULFD H D
+LVWyULD 0HGLHYDO QRV FXUUtFXORV GD HGXFDomR EiVLFD $ DQiOLVH GR 3LVP
SRUWDQWRVHPRVWURXSRWHQWHSDUDHVWDSHVTXLVDSRUHQWHQGHUPRVHOHHQTXDQWR
LQVWUXPHQWRDYDOLDWLYRTXHSRVVXLRSULYLOpJLRGHOHJLWLPDURXGHVOHJLWLPDUFHUWDV
QDUUDWLYDVKLVWyULFDVHDVIRUPDVGHVHUHODFLRQDUFRPHODV 0$57,16
LQGX]LQGRDVVLPFRPRGHWHUPLQDGRVFRQKHFLPHQWRVGHYHPVHUHQVLQDGRVQD
HGXFDomREiVLFD
6HQGRDVVLPSRUPHLRGRSURMHWRGH,QLFLDomR&LHQWtILFDIRLDQDOLVDGRR
YHVWLEXODUGD8QLYHUVLGDGH)HGHUDOGH-XL]GH)RUDR3LVPHQWUHRVDQRVGH
HUHDOL]DGRVHQWUHRVDQRVH'RLVHOHPHQWRVGRYHVWLEXODU
IRUDPOHYDGRVHPFRQVLGHUDomRSDUDHVVDSHVTXLVDRHGLWDOSURJUDPiWLFRTXH
GHWHUPLQD RV FRQWH~GRV TXH SRGHP DSDUHFHU QD SURYD H RV LWHQV GD SURYD
REMHWLYDVHGLVFXUVLYDV (PSULPHLUROXJDUIRLDQDOLVDGRRPyGXOR,GHVWLQDGR
SDUDHVWXGDQWHVGRDQRGH(QVLQR0pGLRSDUDFRPSUHHQGHUDSUHVHQoDGD
+LVWyULD0HGLHYDOQDSURYD3DUDDQDOLVDUD+LVWyULDGDÈIULFDRVWUrVPyGXORV
GR3LVPIRUDPDQDOLVDGRVSRUVHUXPWHPDTXHQmRVHUHVWULQJHDXPSHUtRGR
HVSHFtILFRGD+LVWyULD
2V DQRV HVFROKLGRV SDUD D DQiOLVH IRUDP GHWHUPLQDGRV OHYDQGR HP
FRQVLGHUDomR RV DQRV GH LQJUHVVR GRV DOXQRV UHDOL]DQGR DV GLVFLSOLQDV GH
+LVWyULD GD ÈIULFD H +LVWyULD 0HGLHYDO QR FXUVR GH +LVWyULD GD 8)-)$V GXDV
GLVFLSOLQDVHVWmRSUHYLVWDVSDUDVHUHPUHDOL]DGDVQRVHJXQGRSHUtRGRGRJUDGH
FXUULFXODUGDÈUHD%iVLFDGH,QJUHVVRGRFXUVRGH+LVWyULD DQWHVGHHVFROKHU
/LFHQFLDWXUD RX %DFKDUHODGR 3RUpP GHYLGR DR (QVLQR 5HPRWR (PHUJHQFLDO
(5( PHGLGD WRPDGD QRV DQRV GH H SRU FDXVD GD 3DQGHPLD GH
&RYLG YiULRV DOXQRV QmR UHDOL]DUDP DV GLVFLSOLQDV GH +LVWyULD 0HGLHYDO H
+LVWyULDGDÈIULFD3RUWDQWRDQRVGHLQJUHVVRVDQWHULRUHVjWXUPDGRVHJXQGR
SHUtRGRSURSULDPHQWHGLWDIRUDPDQDOLVDGRVSDUDLQFOXLUSURYDVIHLWDVSRUDOXQRV
TXHHQWUDUDPQRFXUVRDQWHULRUPHQWH
$VVLPHPSULPHLUROXJDUGHVWDFDPRVRTXHIRLSHUFHELGRHPUHODomRj
+LVWyULD 0HGLHYDO 7HPDV UHIHUHQWHV DR SHUtRGR PHGLHYDO RFXSDP PHWDGH GR
FRQWH~GRSURJUDPiWLFRGHVWLQDGRDR0yGXOR,GR3LVPDERUGDQGRWHPDVFRPR
ϭϵϵ
)RQWHKWWSVZZZXIMIEUFRSHVHZSFRQWHQWXSORDGVVLWHV3,60,
2EMHWLYD',$B),1$/SGIDFHVVRHPIHY
ϮϬϬ
)LJXUD4XHVWmRGR0yGXOR,
)RQWHKWWSVZZZXIMIEUFRSHVHZSFRQWHQWXSORDGVVLWHV3,60,
2EMHWLYD',$B),1$/SGIDFHVVRHPIHY
-iHPUHODomRj+LVWyULDGDÈIULFDSHUFHEHPRVXPDVLWXDomREDVWDQWH
GLIHUHQWH$LQGD TXH FRP D /HL TXH WRUQRX REULJDWyULR R HQVLQR H
HVWXGRGH+LVWyULDGDÈIULFDHGRVDIULFDQRVGHQWURGRVWySLFRVSUHVHQWHVQR
FRQWH~GRSURJUDPiWLFRGRVWUrVPyGXORVGH+LVWyULDKiDSHQDVGRLVGHVWLQDGRV
j +LVWyULD GD ÈIULFD VHQGR HOHV ³$ (XURSD QR VpFXOR ;,; ,PSHULDOLVPR H
1HRFRORQLDOLVPRQDÈVLDÈIULFDH$PpULFD´QRPyGXOR,,H³$ELSRODUL]DomRHD
*XHUUD)ULD$GHVFRORQL]DomRGDÈIULFDHGDÈVLD´QRPyGXOR,,,3HUFHEHPRVR
SRXFR FRQWH~GR GR FRQWLQHQWH DIULFDQR DR DQDOLVDU DV TXHVW}HV Ki VRPHQWH
GXDV GLVWULEXtGDV HQWUH RV WUrV PyGXORV GRV DQRV VHOHFLRQDGRV DERUGDQGR D
HVFUDYLGmRHQWUHRVVpFXORV;9H;,;HR$SDUWKHLGGDÈIULFDGR6XO
$RDQDOLVDURVFRQWH~GRVGR3LVPHVXDVTXHVW}HVSHUFHEHPRVTXHKi
XPDSUHGRPLQkQFLDGHFRQWH~GRVHXURSHXVHHVWDGXQLGHQVHVTXDQGRQmRIRU
VREUHD+LVWyULDGR%UDVLO6HFRQVLGHUDUPRVTXHRFXUUtFXORLQWHUSHODTXHVW}HV
GH³LGHQWLGDGH´HGH³VXEMHWLYLGDGH´SRUUHODFLRQDUXP³PRGHOR´GHVHUKXPDQR
DXPWLSRGHFRQKHFLPHQWR 6,/9$ RTXHTXHUGL]HUD+LVWyULDGDÈIULFD
VLOHQFLDGDSHORFXUUtFXOR"
2VLOrQFLRGL]PXLWDFRLVDKLVWRULFDPHQWHRFRQWLQHQWHpYLVWR
LQYDULDYHOPHQWH FRPR R IRUQHFHGRU GH HVFUDYRV +RMH HP GLD
XUJH VXSULU DV PXLWDV IDOKDV UHIHUHQWHV DR HQVLQR GD GLQkPLFD
KLVWyULFDGDÈIULFDHGDVGLIHUHQWHVDERUGDJHQVGDFXOWXUDQHJUR
DIULFDQDDOpPGDVUHODo}HVGDTXHOHFRQWLQHQWHFRPDV$PpULFDV
ϮϬϭ
H QmR Vy FRP R %UDVLO >@ $ LGpLD GH XPD ÈIULFD DKLVWyULFD
SURYRFDGD SHOD FRORQL]DomR HXURSpLD LQIHOL]PHQWH DLQGD p
SUHGRPLQDQWHQRQRVVRSDtV 3$172-$Sapud.
2OLYDS
6LOYD DILUPD TXH RQGH Ki LGHQWLGDGH H GLIHUHQoD Ki SRGHU H
FRQVLGHUDQGRTXHRVXMHLWRpFRQVWUXtGRSRUPHLRGRGLVFXUVRRKHJHP{QLFRp
FRQVWUXtGR SHOR GLVFXUVR GH SRGHU 3DUD H[SOLFDU HVVH MRJR GH SRGHU SRU
KHJHPRQLD6LOYDGHQRWDFRPRPDUFDGDSUHVHQoDGRSRGHUDVRSHUDo}HVGH
LQFOXLUHGHH[FOXLUTXHGLYLGHPRPXQGRVRFLDOHQWUH³QyV´RV³QRUPDLV´H³HOHV´
RV³RXWURV´$GLIHUHQoDpLQHYLWiYHOHPXPPXQGRKHWHURJrQHRFRPRDILUPDR
DXWRU SRUWDQWR WUDEDOKDPRV FRQVLGHUDQGR D ³GLIHUHQoD GR P~OWLSOR H QmR GR
GLYHUVR´ 6,/9$ S SRLV GHYHPRV SHQVDU XPD DSUHQGL]DJHP
GHPRFUiWLFDYHQGRFRPQRVVRVROKRVDSDUWLUGHXPDSRVLomRGLIHUHQWHGDQRVVD
FRQVWUXLQGR KLVWyULDV GH XP HYHQWR D SDUWLU GD SOXUDOLGDGH GH SHUVSHFWLYDV
%,(67$
6HQGRDVVLPRTXHXPDSUR[LPLGDGHFRPD+LVWyULD0HGLHYDOHQmRFRP
D+LVWyULDGDÈIULFDQRFXUUtFXORSRGHLQGLFDU"3RGHPRVOHYDUHPFRQVLGHUDomR
WHRULDVTXHGLVFXWHPRIHXGDOLVPRLEpULFRFRPRXPDIRUoDPRWRUDGDFRORQL]DomR
QD$PpULFD/DWLQD %$6726 ²SRSXODUHVDWpFRPR%UDVLO3DUDOHORDR
LQLFLDUVHXGRFXPHQWiULRVREUHD+LVWyULDGR%UDVLOSDUWLQGRGRSHUtRGRPHGLHYDO
GH3RUWXJDO²SRUpPLVVRQmRMXVWLILFDULDRVLOHQFLDPHQWRGDJUDQGHSUHVHQoD
DIULFDQD QD +LVWyULD 6H SHQVDUPRV QD LPSRUWkQFLD GR IHXGDOLVPR HQTXDQWR
HVWXGRFUtWLFRGDIRUPDomRGDVRFLHGDGH $/9$52 DLQGDVHGHL[DULDXPD
ODFXQD HP UHODomR jV VRFLHGDGHV DIULFDQDV$JRUD VH YROWDUPRV jV LGHLDV GH
6LOYD FRPSUHHQGHPRV HVVD DXVrQFLD GD +LVWyULD GD ÈIULFD HQTXDQWR
RSHUDomRGHSRGHUGHSULYLOHJLDUXPXPWLSRGHFRQKHFLPHQWRXPDLGHQWLGDGH
RXXPDVXEMHWLYLGDGHFRPRVHQGRRLGHDO
(QWUHRHQVLQDGRHRDSUHQGLGRQHJRFLDo}HVFXUULFXODUHV
&RPRMiYLPRVDQWHULRUPHQWHQHPVHPSUHRTXHpGHWHUPLQDGRSHODOHL
p FRORFDGR QD SUiWLFD DVVLP DJRUD TXHVWLRQDPRV TXDLV WHPDV GD +LVWyULD
0HGLHYDO H GD +LVWyULD GD ÈIULFD WrP VLGR KHJHPRQL]DGRV FRPR YiOLGRV SDUD
VHUHP HQVLQDGRV 2V SULPHLURV TXHVWLRQDPHQWRV HP UHODomR D LVVR IRUDP
WUDGX]LGRVSDUDXPDSHVTXLVDUHDOL]DGDFRPDVWXUPDVGH+LVWyULD0HGLHYDOH
ϮϬϮ
+LVWyULDGDÈIULFDGD8)-)FRPRREMHWLYRGHYHULILFDUTXDLVFRQKHFLPHQWRVRV
DOXQRV SRVVXtDP DQWHV GH LQLFLDU DV GXDV GLVFLSOLQDV $ ILP GH VREUHWXGR
GHVFREULUVHDVQRo}HVGH+LVWyULD0HGLHYDOHQYROYLDPRFRQWLQHQWHDIULFDQRH
VH DV QRo}HV GH +LVWyULD GD ÈIULFD HQYROYLDP R SHUtRGR PHGLHYDO IRUDP
IRUPXODGDVVHWHSHUJXQWDVSDUDFDGDWXUPDQRSULPHLURGLDGHDXOD
2V DOXQRV GH +LVWyULD 0HGLHYDO UHFHEHUDP XP IRUPXOiULR FRP DV
VHJXLQWHVSHUJXQWDV 'XUDQWHVXDHVFRODUL]DomREiVLFDRTXHYRFrVHOHPEUD
GHWHUHVWXGDGRVREUH+LVWyULD0HGLHYDO" 6HXVFRQKHFLPHQWRVDWXDLVVREUH
HVWH SHUtRGR YHP GDV DXODV GH +LVWyULD QD HVFROD EiVLFD RX GH IRQWHV FRPR
ILOPHVOLYURVSRGFDVWVHWF" 4XDLVDVSHFWRVYRFrFRQVLGHUDPDLVLPSRUWDQWHV
SDUDFRPSUHHQGHUD+LVWyULD0HGLHYDO" 1RVHXHQWHQGLPHQWRTXHPVmRRV
DWRUHVKLVWyULFRVSULQFLSDLVGHVWHSHUtRGR" 3RUTXHQyVHVWXGDPRV+LVWyULD
0HGLHYDOQR%UDVLO" 4XDLVVmRRVLPSDFWRVGD+LVWyULD0HGLHYDOQRVGLDVGH
KRMH" 'LVVHUWHVREUHRWHUPR³,GDGHGDV7UHYDV´
2V DOXQRV GH +LVWyULD GD ÈIULFD UHFHEHUDP SHUJXQWDV VLPLODUHV jV
DQWHULRUHV 'XUDQWH VXD HVFRODUL]DomR EiVLFD R TXH YRFr VH OHPEUD GH WHU
HVWXGDGR VREUH +LVWyULD GD ÈIULFD" 6HXV FRQKHFLPHQWRV DWXDLV VREUH HVWH
FRQWLQHQWHYHPGDVDXODVGH+LVWyULDQDHVFRODEiVLFDRXGHIRQWHVFRPRILOPHV
OLYURVSRGFDVWVHWF" 4XDLVDVSHFWRVYRFrFRQVLGHUDPDLVLPSRUWDQWHVSDUD
FRPSUHHQGHU D +LVWyULD GD ÈIULFD" 1R VHX HQWHQGLPHQWR GR PXQGR TXDLV
PHPyULDV GD ÈIULFD HVWmR SUHVHQWHV QR %UDVLO KRMH HP GLD" 3RU TXH QyV
HVWXGDPRV+LVWyULDGDÈIULFDQR%UDVLO" 4XDLVVmRRVLPSDFWRVGD+LVWyULDGD
ÈIULFD QR %UDVLO KRMH HP GLD" 4XDLV PRPHQWRV GD +LVWyULD GD ÈIULFD YRFr
DFUHGLWDVHUPDLVSURYHLWRVRHVWXGDU"
6H ID] QHFHVViULR GHVWDFDU TXH GHYLGR DR FDUiWHU DEHUWR GDV TXHVW}HV
SUHVHQWHVQRIRUPXOiULRIRUDPSURGX]LGDVDOJXPDVFDWHJRULDVSDUDVLVWHPDWL]DU
RVGDGRV(PPXLWRVFDVRVXPDOXQRUHVSRQGLDPDLVGHXPPRWLYRLPSDFWR
DWRUKLVWyULFRRXRXWURHOHPHQWRDVHUGLVVHUWDGRVREUH+iUHVSRVWDVTXHQmR
VHOLPLWDPHPXPDVyFDWHJRULDHODERUDGDWHQGRDVVLPXPQ~PHURPDLRUGH
UHVSRVWDVDRVHUHPFDWHJRUL]DGDV
(P UHODomR DRV FRQWH~GRV GH +LVWyULD 0HGLHYDO YLVWR QD HVFRODUL]DomR
GRVDOXQRVRIHXGDOLVPRIRLRFRQWH~GRPDLVSUHVHQWHQRVIRUPXOiULRV SUHVHQWH
ϮϬϯ
ϮϬϰ
ϮϬϱ
3RU ILP HP UHODomR jV QDo}HV VREUH ³,GDGH GDV 7UHYDV´ R WHUPR IRL
IUHTXHQWHPHQWHDVVRFLDGRjYLVmRQHJDWLYDFULDGDSRVWHULRUPHQWHVHQGRDVVLP
LGHQWLILFDGDHPGDVUHVSRVWDVDFULDomRGRWHUPRQD0RGHUQLGDGHSDUDVH
UHIHULU DR SHUtRGR PHGLHYDO 3RUpP R WHUPR WDPEpP IRL DVVRFLDGR j SHVWH
DR GRPtQLR GD ,JUHMD &DWyOLFD DR SRXFR GHVHQYROYLPHQWR
FLHQWtILFR j UXtQD GD (XURSD j ,QTXLVLomR D XPD VRFLHGDGH
FRQVHUYDGRUDHPDFKLVWD jTXHGDGR,PSpULR5RPDQR DXPSHUtRGR
GHGLILFXOGDGHV jDUTXLWHWXUDJyWLFD jSUiWLFDGHFHQVXUDSHOD,JUHMD
jLQWROHUkQFLDGD,JUHMD HjWRUWXUD
7HQGR HP YLVWD R TXH IRL YLVWR QDV TXHVW}HV GR 3LVP VREUH D +LVWyULD
0HGLHYDOpLQWHUHVVDQWHGHVWDFDUDGLIHUHQoDHQWUHRFRQWH~GRPDLVSUHVHQWHQR
YHVWLEXODU R ,VOm H R TXH RV DOXQRV GH JUDGXDomR FRPSUHHQGHP FRPR
IXQGDPHQWDOSDUDFRPSUHHQGHURSHUtRGRPHGLHYDO D,JUHMD&DWyOLFD $LQGDTXH
GDVTXHVW}HVFRQWDELOL]DGDVQR3LVPWUD]HPXPGLiORJRHQWUHR0HGLHYRHR
WHPSRSUHVHQWHR0HGLHYRHPVDODGHDXODHPDQRVUHFHQWHVDLQGDpYLVWRFRPR
³>@ VHFR H iULGR GLVWDQWH WDQWR GDV SRVVLELOLGDGHV GH LPDJLQDomR GRV
HVWXGDQWHV TXDQWR GD SHVTXLVD KLVWyULFD VREUH R PHGLHYR DIDVWDQGR XPD
FRPSUHHQVmRFRQFHLWXDOGD,GDGH0pGLD´ &+(330$6,3(5(,5$S
$ +LVWyULD 0HGLHYDO YLVWR QRV IRUPXOiULRV p XPD KLVWyULD PDUFDGD SHOD
DWXDomRGRFOHURFDUDFWHUL]DGDSRUXPDUHOLJLRVLGDGHFRPFRQRWDomRQHJDWLYD
QDTXDOVHGHVWDFDDLQWROHUkQFLDUHOLJLRVDRVFRQIOLWRVUHOLJLRVRVHDRSUHVVmR
GD PXOKHU (VVD KLVWyULD p D TXH QyV QRV GLVWDQFLDPRV SRLV FRPR IRL YLVWR
DQWHULRUPHQWH HVVD KLVWyULD DLQGD p D ,GDGH GDV 7UHYDV QD TXDO R PXQGR
HXURSHXHVWDYDHPUXtQDVFRPSHVWHVHIRPHV
$JRUD HP UHODomR j +LVWyULD GD ÈIULFD YHPRV XPD VLWXDomR XP SRXFR
GLIHUHQWH2FRQWH~GRHVFRODUPDLVSUHVHQWHQDVUHVSRVWDVVREUHRTXHIRLYLVWR
GXUDQWH D HVFRODUL]DomR IRL R (JLWR $QWLJR (P VHJXQGR OXJDU D
HVFUDYL]DomRHWUiILFRQHJUHLUR HPWHUFHLURDFRORQL]DomR HHP
TXDUWROXJDUDDXVrQFLDGHUHVSRVWDV 2XWURVFRQWH~GRVTXHDSDUHFHUDP
IRUDP R ,PSHULDOLVPR RV SRYRV DIULFDQRV RV UHLQRV DIULFDQRV
R 1HRFRORQLDOLVPR R $SDUWKHLG RV SURFHVVRV GH
LQGHSHQGrQFLD R,PSpULR0DOL DVOXWDVVRFLDLV RVSRYRV
ϮϬϲ
ϮϬϳ
ϮϬϴ
DOXQRV Mi GHPRQVWUDP GHQ~QFLDV jV VLPSOLILFDo}HV GD +LVWyULD GD ÈIULFD H
GHQRWDPROXJDUGDDIULFDQLGDGHQDFRQVWUXomRGDLGHQWLGDGHQDFLRQDOEUDVLOHLUD
$SUHVHQoDGRVHVFUDYL]DGRVDIULFDQRVQDVWUDGLo}HVQDP~VLFDQDVIHVWDVQD
FXOWXUD EUDVLOHLUR FRPR XP WRGR GHPRQVWUD FRPR ³p D DWXDomR GRV VXMHLWRV
VRFLDLV QR FDPSR FXOWXUDO TXH GHILQH R MRJR GD WUDGLomR H PXGDQoD
DILUPDomR H LGHQWLGDGH´ $%5(8 0$7726 *5,1%(5* S
3HUFHEHPRVSRUWDQWRXPDPDLRUDSUR[LPDomRHVHQVLELOL]DomRGRVDOXQRVFRP
D+LVWyULDGDÈIULFDGRTXHFRPD+LVWyULD0HGLHYDO
&RQVLGHUDo}HVILQDLV
2VUHVXOWDGRVGDVHJXQGDSHUJXQWDIRUPXODGDHPDPERVRVIRUPXOiULRV
GHVWLQDGRV jV WXUPDV GH +LVWyULD GD ÈIULFD H +LVWyULD 0HGLHYDO IRUDP
SURSRVLWDOPHQWH GHL[DGRV SDUD DV FRQVLGHUDo}HV ILQDLV SDUD FRPSUHHQGHUPRV
XPDVSHFWRTXHDFUHGLWDPRVVHUXPJUDQGHIDWRUTXHUHVXOWRXQDGLIHUHQoDHQWUH
RTXHIRLYLVWRQR3LVPHRTXHIRLYLVWRQRVIRUPXOiULRVGRVDOXQRVGH
+LVWyULD0HGLHYDODILUPDUDPTXHVHXVFRQKHFLPHQWRVVREUHRSHUtRGRGHULYDP
GDVDXODVGH+LVWyULDQRHQVLQREiVLFRHQTXDQWRGRVDOXQRVGH+LVWyULD
GDÈIULFDDILUPDUDPRPHVPR$SULQFLSDOIRQWHGHFRQKHFLPHQWRGRVDOXQRVGH
+LVWyULDGDÈIULFDVmRILOPHV2XWUDVIRQWHVFLWDGDVIRUDPOLYURVSRGFDVWVYtGHRV
,QWHUQHWGRFXPHQWiULRVVpULHVSHVTXLVDVQRWtFLDVDUWLJRVFRQYHUVDVHDXODV
GH*HRJUDILD7HQGRRTXHIRLYLVWRDWpDJRUDRTXHSRGHPRVFRQFOXLUFRPHVVD
LQIRUPDomR"
3HUFHEHPRV TXH WHPDV GH +LVWyULD GD ÈIULFD H +LVWyULD 0HGLHYDO VmR
GHVSURSRUFLRQDLVQDVXDGLVWULEXLomRQR3LVPHQDHGXFDomREiVLFD2YHVWLEXODU
LQGX] R FXUUtFXOR SRUpP QmR WHP VH PDWHULDOL]DGR QDV DXODV GH +LVWyULD
3HUFHEHPRV FRPR DLQGD TXH XPD SDUWH GDV GLVFXVV}HV VREUH D +LVWyULD
0HGLHYDOQR3LVPVHMDPOHYDGRVSDUDRSUHVHQWHHLQFOXHPXPDSOXUDOLGDGHGH
WLSRVGHFRQKHFLPHQWRVVREUHRPHGLHYRDLQGDKiXPDYLVmRQHJDWLYDVREUHD
+LVWyULD0HGLHYDOYLVWRQRVIRUPXOiULRVGRVDOXQRVGHJUDGXDomR6HQGRDVVLP
KiXPDFRPSUHHQVmRPDLRUGRVDOXQRVGDLPSRUWkQFLDGD+LVWyULDGDÈIULFDGR
TXHGD+LVWyULD0HGLHYDO3HUFHEHPRVFRPRKiXPDGLVVRFLDomRFRPRPHGLHYR
SRUFDXVDGHVVDYLVmRQHJDWLYDVREUHRSHUtRGRSRUpPKiXPDLGHQWLILFDomR
ϮϬϵ
PDLRU FRP D +LVWyULD GD ÈIULFD DLQGD FRP WRGRV RV HVWHUHyWLSRV H YLV}HV
QHJDWLYDVTXHFRQKHFHPRVVREUHRFRQWLQHQWHHVXDKLVWyULD
$VVLPSHUFHEHPRVFRPRpLPSRUWDQWHGHVFRQVWUXLURFXUUtFXORHQTXDQWR
FRQMXQWR GH FRQKHFLPHQWRV H KDELOLGDGHV D VHU WUDQVPLWLGR DRV DOXQRV 3DUD
H[SORUDUHXWLOL]DUDViUHDVGH+LVWyULDGDÈIULFDH+LVWyULD0HGLHYDOGHYHPRV
SHQVDU QDV DEHUWXUDV SDUD DV RSRUWXQLGDGHV SDUWLFXODUHV TXH SHUPLWDP DRV
HVWXGDQWHVLQWURGX]LUVHXVLQtFLRV~QLFRVQRPXQGR %,(67$ (VVDVGXDV
iUHDVFXUULFXODUHVWUDGLFLRQDOPHQWHVLPSOLILFDGDVSRGHPVHUSRWHQFLDOL]DGDVDR
SHQVDUQDSOXUDOLGDGH4XDQGRSHQVDPRVQRIHXGDOLVPRSRUH[HPSORSRUTXH
SHQVDPRV QR XQLYHUVDOL]DGR IHXGDOLVPR IUDQFrV H QmR QDV RXWUDV IRUPDV GH
FRQFHEHUDRUJDQL]DomRGDVRFLHGDGHIRUDGD)UDQoD"7HPRVFRPRH[HPSORV
SDUDVHUHPFLWDGRVDpronoiaGR,PSpULR%L]DQWLQRRshǀenMDSRQrVHVHQKRULR
UXVVR$RLQYpVGHFRQVLGHUDUDUHOLJLRVLGDGHGRFOHURHQTXDQWRDUHOLJLRVLGDGH
PHGLHYDO XQLYHUVDO SRGHPRV H[SORUDU D PXOWLSOLFLGDGH GDV UHOLJLRVLGDGHV
SUHVHQWHV QR SHUtRGR DR UHGRU GR PXQGR PHGLHYDO LQFOXLQGR DV FUHQoDV
SRSXODUHVQD(XURSDHDSOXUDOLGDGHGHUHOLJLRVLGDGHVIRUDGD(XURSD3RUILP
SRGHPRV OHYDU WDPEpP D 8QLYHUVLGDGH GH 7LPEXNWX FRPR H[HPSOR GDV
XQLYHUVLGDGHVFULDGDVQRPHGLHYR
$R UHDOL]DU HVVD FRPSDUDomR HQWUH D +LVWyULD 0HGLHYDO H D +LVWyULD GD
ÈIULFDSRGHPRVSHUFHEHURTXHWHPVLGROHJLWLPDGRKHJHPRQL]DGRHVLOHQFLDGR
QDV QDUUDWLYDV VREUH PHGLHYR H ÈIULFD 3RU PHLR GDV TXHVW}HV OHYDQWDGDV DR
ORQJRGHVWHWH[WRSHUFHEHPRVTXHDSUHVHQoDGRPHGLHYRHDSRXFRSUHVHQoD
GH +LVWyULD GD ÈIULFD QR 3LVP SRGHP VHU UHODFLRQDGR FRP D IRUoD GR
HXURFHQWULVPR QD HVWUXWXUDomR GR FXUUtFXOR GH +LVWyULD QD HGXFDomR EiVLFD
GLILFXOWDQGRSURFHVVRVGHLGHQWLILFDomRGDPDLRUSDUWHGRVHVWXGDQWHVGDHVFROD
S~EOLFDQR%UDVLO
5HIHUrQFLDV
$%5(80DUWKD+(%(0DWWRV*5,1%(5*.HLOD+LVWyULDS~EOLFDHQVLQRGH
KLVWyULDHHGXFDomRDQWLUUDFLVWD5HYLVWD+LVWyULD+RMHYS
'LVSRQtYHOHPKWWSVUKKMDQSXKRUJ5++-DUWLFOHYLHZ$FHVVRHP
IHY
ϮϭϬ
$/9$52%UXQR*RQoDOYHV3DUDDOpPGRSDVVDGRROXJDUGRIHXGDOLVPRQD
IRUPDomRGHSURIHVVRUDVHSURIHVVRUHVGH+LVWyULDQRVpFXOR;;,In:9,$11$
/XFLDQR-RVp RUJ $+LVWyULD0HGLHYDOHQWUHDIRUPDomRGHSURIHVVRUHVH
RHQVLQRQD(GXFDomR%iVLFDQRVpFXOR;;,H[SHULrQFLDVQDFLRQDLVH
LQWHUQDFLRQDLV5LRGH-DQHLUR$XWRJUDILDS
%$67260iULR-RUJHGD0RWWD2IHXGDOLVPR LEpULFR FRPRIRUoDPRWRUDGR
IHQyPHQRFRORQLDO ODWLQRDPHULFDQR "5HYLVLWDQGRXPIDPRVR HTXDVH
HVTXHFLGR GHEDWH3UiWLFDVGD+LVWyULDQS'LVSRQtYHO
HPKWWSVSUDWLFDVGDKLVWRULDSWLQGH[SKSSGKDUWLFOHYLHZ$FHVVRHP
IHY
%,(67$*HUW3DUDDOpPGDDSUHQGL]DJHPHGXFDomRGHPRFUiWLFDSDUDXP
IXWXURKXPDQR%HOR+RUL]RQWH$XWrQWLFD
&+(33%UXQR0$6,*XLOKHUPH3(5(,5$1LOWRQ0XOOHW2SRWHQFLDO
SHGDJyJLFRGD,GDGH0pGLD,PDJLQDGD5HYLVWDGR/KLVWH3RUWR$OHJUHY
QS-XO'H]'LVSRQtYHOHP
KWWSVVHHUXIUJVEULQGH[SKSUHYLVWDGROKLVWHDUWLFOHYLHZ$FHVVRHP
MDQ
+$//6WXDUW4XHPSUHFLVDGDLGHQWLGDGH"In6,/9$7RPD]7DGHXGD RUJ
,GHQWLGDGHHGLIHUHQoDDSHUVSHFWLYDGRVHVWXGRVFXOWXUDLVHG
3HWUySROLV9R]HVS
0$57,160DUFXV/HRQDUGR%RPILP$YDOLDomRGHPRFUiWLFDGDV
DSUHQGL]DJHQVKLVWyULFDVGHVDILRVjGLGiWLFDGDKLVWyULD(GXFDomRHP
5HYLVWD%HOR+RUL]RQWHY'LVSRQtYHOHP
KWWSVGRLRUJ$FHVVRHPIHY
2/,9$$QGHUVRQ5LEHLUR$KLVWyULDDIULFDQDQDVVDODVGHDXODGLiORJRVH
VLOrQFLRVHQWUHD/HLQHRVHVSHFLDOLVWDVIn:0$&('2-RVp5LYDLU
RUJ 'HVYHQGDQGRDKLVWyULDGDÈIULFD3RUWR$OHJUH(GLWRUDGD8)5*6
S
6,/9$7RPD]7DGHXGD'RFXPHQWRVGHLGHQWLGDGHXPDLQWURGXomRjV
WHRULDVGHFXUUtFXOR%HOR+RUL]RQWH$XWrQWLFD
6,/9$7RPD]7DGHXGD$SURGXomRGDLGHQWLGDGHHGDGLIHUHQoDIn:6,/9$
7RPD]7DGHXGD RUJ ,GHQWLGDGHHGLIHUHQoDDSHUVSHFWLYDGRVHVWXGRV
FXOWXUDLVHG3HWUySROLV9R]HVS
Ϯϭϭ
e7,&$((16,12'(+,67Ï5,$(1&2175$1'26(&20$6
7529$'25$6'20(',(92
$PDQGD*LVHOH5RGULJXHV
eWLFDH(QVLQRGH+LVWyULD
“[...] cadela do fascismo está sempre no cio”
Bertolt Brecht
,QLFLDPRVOHPEUDQGRGRDOHUWDIHLWRSRU%HUWROW%UHFKWGHTXHRIDVFLVPR
HVWi VHPSUH D HVSUHLWD 2EVHUYDVH OHYDQWHV IDVFLVWDV QR PXQGR WRGR 1D
KLVWyULD UHFHQWH GR %UDVLO DVVLVWLPRV DWDTXHV jV LQVWLWXLo}HV GHPRFUiWLFDV H
QDUUDWLYDV GH yGLR JDQKDQGR R HVSDoR S~EOLFR 3RGHULD VHJXLU FLWDQGR DTXL
LQ~PHUDV VLWXDo}HV TXH QyV EUDVLOHLURV DVVLVWLPRV YLYHPRV VRIUHPRV QRV
~OWLPRV DQRV GHVGH R SURFHVVR GH ,PSHDFKPHQW *ROSH GD SUHVLGHQWD HOHLWD
GHPRFUDWLFDPHQWH'LOPD5RXVVHIIDWpRVGLDVGHKRMH:HQG\%URZQ QR
VHXOLYUR³1DVUXtQDVGRQHROLEHUDOLVPRDDVFHQVmRGDSROtWLFDDQWLGHPRFUiWLFD
QRRFLGHQWH´LGHQWLILFDTXHDQRYDGLUHLWDYHPVHFRORFDQGRGHPDQHLUDYLROHQWD
FRQWUD DV LQVWLWXLo}HV GHPRFUiWLFDV D FLrQFLD D UD]mR DVVLP FRPR FRQWUD D
ODLFLGDGH$SHQVDGRUDDSRQWDTXHHPYiULDVGHPRFUDFLDVSRGHPRVLGHQWLILFDUD
H[WUHPD GLUHLWD DVVXPLQGR HVSDoRV GH SRGHU 3RGHPRV REVHUYDU HVVH
PRYLPHQWRQD+XQJULD3RO{QLD(VWDGRV8QLGRV5~VVLDËQGLDH,VUDHO$DXWRUD
VHJXHLGHQWLILFDQGRHVVHVPRYLPHQWRVHDSRQWDDLQGDTXHKiDDVFHQVmRGH
XPQDFLRQDOLVPREUDQFRQD(VFDQGLQiYLDQHRQD]LVWDVQRSDUODPHQWRDOHPmRH
LWDOLDQR UHJLPHV DXWRULWiULRV JDQKDQGR IRUPD QR /HVWH (XURSHX QD7XUTXLD H
DLQGDWDPEpPR%UH[LWHQFDPLQKDGRSHOD[HQRIRELD
1HVVD SDLVDJHP SHUJXQWR R TXDQWR D DXOD GH +LVWyULD SRGH FRQWULEXLU
SDUDDFRQVWUXomRGHXPPXQGRRQGHOHYDQWHVIDVFLVWDVUHDOPHQWHVHMDPFRLVDV
GRSDVVDGR$GRUQRQRVHXDUWLJR³(GXFDomRDSyV$XVFKZLW]FRPSUHHQGHTXH
³$H[LJrQFLDTXH$XVFKZLW]QmRVHUHSLWDpDSULPHLUDGHWRGDVSDUDDHGXFDomR´
0HVWUD HP (QVLQR GH +LVWyULD8)5*6 3URIHVVRUD GD UHGH HVWDGXDO GR 56 (PDLO
DPDQGDJLVHOHU#KRWPDLOFRP
ϮϭϮ
S $VVLP FRPR HOH PXLWRV RXWURV DSRQWDP D LPSRUWkQFLD GH
SHQVDUPRVVREUHRSDSHOGDHGXFDomRHPHYLWDUTXHFHQDVFRPRDVYLYLGDVHP
$XVFKZLW]VHUHSLWDP1HVVDGLUHomR+DQQDK$UHQGWGHIHQGHTXHDHGXFDomR
RFRUUHTXDQGRDJHQWHGHFLGHVHLPSRUWDUFRPDKXPDQLGDGH3DUDDXWRUDD
HGXFDomRp
>@RSRQWRHPTXHGHFLGLPRVVHDPDPRVRPXQGRREDVWDQWH
SDUD DVVXPLUPRV D UHVSRQVDELOLGDGH SRU HOH H FRP WDO JHVWR
VDOYiORGDUXtQDTXHVHULDLQHYLWiYHOQmRIRVVHDUHQRYDomRHD
YLQGD GRV QRYRV H GRV MRYHQV$ HGXFDomR p WDPEpP RQGH
GHFLGLPRV VH DPDPRV QRVVDV FULDQoDV R EDVWDQWH SDUD QmR
H[SXOViODV GH QRVVR PXQGR H DEDQGRQiODV D VHXV SUySULRV
UHFXUVRVHWDPSRXFRDUUDQFDUGHVXDVPmRVDRSRUWXQLGDGHGH
HPSUHHQGHU DOJXPD FRLVD QRYD H LPSUHYLVWD SDUD QyV
SUHSDUDQGRDVHPYH]GLVVRFRPDQWHFHGrQFLDSDUDDWDUHIDGH
UHQRYDUXPPXQGRFRPXP $5(1'7S
6LQWRQL]DGRVQHVVDGLUHomRHQWHQGHPRVTXHDVDXODVGH+LVWyULDSRGHP
VHU HVSDoRV RQGH RV HVWXGDQWHV SRVVDP VHU SURYRFDGRV D VH PRYLPHQWDUHP
HWLFDPHQWH HQTXDQWR FRQKHFHP VREUH RV RXWURV GR PXQGR$LQGD QRV SDUHFH
TXHRTXHpIXQGDPHQWDODRVHHVWXGDUKLVWyULDpSRGHUVHUWRFDGRSRUHODVH
HQFRQWUDUFRPHODDVVLPDDXODGH+LVWyULDSRGHVHUHVSDoRGHH[SHULrQFLDGH
HQFRQWUR 3(5(,5$
3RU H[HPSOR QR %UDVLO JDQKDP IRUoD DV QDUUDWLYDV TXH GHIHQGHP DV
WRUWXUDVFRPHWLGDVSHODGLWDGXUDFtYLFRPLOLWDUDOJXQVDLQGDLQFOXVLYHQHJDPWHU
H[LVWLGR XPD GLWDGXUD PLOLWDU 0XLWDV GRV VXMHLWRV TXH FUHHP HP WDO DEVXUGR
HVWXGDUDPDKLVWyULDGRSDtVHLQFOXVLYHSRGHPGRPLQDUYiULRVDVSHFWRVGRWHPD
HPTXHVWmR$LQGDDVVLPTXDQGRTXHVWLRQDGRVHPUHODomRDVWRUWXUDVPRUWHV
H GHVDSDUHFLPHQWRV TXH RFRUUHUDP DR ORQJR GRV DQRV GH GLWDGXUD R TXH
DFDEDP SRU ID]HU p GHIHQGHU D WRUWXUD ³IRUDP WRUWXUDGRV SRUTXH PHUHFHUDP´
$VVLPRVHQGRQRVSDUHFHTXHQmREDVWDFRQKHFHUDKLVWyULDSDUDQmRUHSHWLOD
pSUHFLVRQRVHQFRQWUDUFRPDKLVWyULDVHUPRVWRFDGRVSRUHOD
6H QmR VRPRV FDSD]HV GH QRV FRPRYHU GH VHUPRV WRFDGRV GH QR
PtQLPRGHPRQVWUDUPRVDOJXPPRYLPHQWRpWLFRGLDQWHGRVHQFRQWURVTXHWHPRV
QDVDXODV+LVWyULDHDRORQJRGDYLGDDILQDORTXHDSUHQGHPRVFRPDKLVWyULD"
2 TXH LQWHUHVVD VHU XP UHSHWLGRU GH GDWDV LQIRUPDo}HV KLVWyULFDV H DR ILQDO
GHIHQGHU TXH WRUWXUD p XP ³PDO QHFHVViULR´ RX DLQGD TXH DOJXQV VmR
PHUHFHGRUHV GH WDLV SUiWLFDV YLROHQWDV $VVLP PH SDUHFH IXQGDPHQWDO TXH
Ϯϭϯ
MXQWDPHQWHFRPDFRPSUHHQVmRGRVSURFHVVRVKLVWyULFRVPRYLPHQWRVSROtWLFRV
HVRFLDLVRHVWXGDQWHSRVVDVHUSURYRFDGRHWLFDPHQWH
1HVVDGLUHomREXVFRXVHSHQVDUVREUHRHQVLQDUHDSUHQGHU+LVWyULDD
SDUWLUGHSURYRFDo}HVGLGiWLFDVTXHWLYHUDPFRPRLQWHQomRLQFRUSRUDUDLGHLDGD
DSUHQGL]DJHPFRPRXPSURFHVVRTXHPRELOL]DDVSHFWRVFRJQLWLYRVHPRFLRQDLV
HFRUSRUDLV(VVHWUDEDOKRWHPFRPRLQWHQomRSHQVDUDVDODGHDXODGH+LVWyULD
FRPRXPHVSDoRRQGHRVHVWXGDQWHVSRVVDPVHUSURYRFDGRVDVHFRQVWLWXtUHP
HWLFDPHQWH DR PHVPR WHPSR TXH DSUHQGHP FRP H VREUH RV RXWURV VHUHV GR
PXQGR$VVLP D SURSRVWD IRL SHQVDU D DSUHQGL]DJHP HP +LVWyULD YLQFXODGD D
XPD GLPHQVmR pWLFD EHP FRPR WDPEpP D XPD GLPHQVmR HVWpWLFD 1HVVH
HQWHQGLPHQWRDGLPHQVmRpWLFDHHVWpWLFDMXQWDPHQWHFRPDGLPHQVmRSROtWLFDH
FRJQLWLYD VH HQWUHODoDP H GH FHUWD IRUPD VH FRQVWLWXHP H R VDEHU RULXQGR
GHVVDV H[SHULrQFLDV SURPRYLGDV HP DXOD SRGH SURGX]LU XPD PRYLPHQWDomR
pWLFDSRUSDUWHGRVHVWXGDQWHV
'HVWD IRUPD FRPSUHHQGHPRV D H[SHULrQFLD FRPR páthei máthos
/$5526$S FRPRXPDDSUHQGL]DJHPQRHSHORSDGHFHUHQHVVD
KLSyWHVH R FRQKHFLPHQWR RULXQGR GHVVH PRYLPHQWR SRVVLELOLWD XP WLSR GH
FRQKHFLPHQWRTXHSURYRFDXPDFRQVWUXomRpWLFD(PYLVWDGLVVRFDQWLJDVGH
7URYDGRUDV 0HGLHYDLV DVVLP FRPR ,OXPLQXUDV GD ,GDGH 0pGLD IRUDP
PRELOL]DGDV HP DXODV TXH LQWHQWDYDP SURYRFDU XPD PRYLPHQWDomR pWLFD SRU
SDUWHGRVHVWXGDQWHVDWUDYpVGRHVWtPXORGDLPDJLQDomRHGDPRELOL]DomRGDV
IRQWHVKLVWyULFDV$OpPGLVVRIRLSURGX]LGRXPYtGHRRQGHIL]HPRVXPDFRODJHP
GHP~VLFDVHLPDJHQVTXHWLQKDPFRPRLQWHQomRVXVFLWDUSHQVDPHQWRVVREUH
DVQDUUDWLYDVFULDGDVVREUHDVPXOKHUHVDRORQJRGDKLVWyULDHDVUHODo}HVTXH
KRPHQVHPXOKHUHVIRUDPFDSD]HVGHFRQVWUXLUDWpHQWmR
1HVVH HQWHQGLPHQWR D H[SHULrQFLD HVWpWLFD SRGHULD SRVVLELOLWDU XPD
H[SDQVmR QRTXHWDQJHDRLPDJLQiULRGRVHVWXGDQWHVFRPRSRVVLELOLGDGHVGH
VHU QR PXQGR H DOpP GLVVR WDPEpP SURYRFDU XPD DEHUWXUD SRU SDUWH GRV
PHVPRV$VSURGXo}HVGRVHVWXGDQWHVEHPFRPRDDQiOLVHGRGLiULRGHFDPSR
TXH IRL FRQVWUXtGR DR ORQJR GHVVDV DXODV DX[LOLDUDP QDV FRPSUHHQV}HV TXH
EXVFDPRV FRQVWUXLU $R ORQJR GHVVH SHUFXUVR D LQWHQomR IRL SHQVDU VREUH R
HQVLQDUHDSUHQGHU+LVWyULDDVVLPFRPRWDPEpPHPSURYRFDo}HVGLGiWLFDVTXH
Ϯϭϰ
WLQKDPFRPRQRUWHLQFRUSRUDUDLGHLDGDDSUHQGL]DJHPFRPRXPSURFHVVRTXH
PRELOL]DDVSHFWRVFRJQLWLYRVHPRFLRQDLVDWLWXGLQDLVHFRUSRUDLV
$ SURSRVWD IRL SHQVDU HP SURYRFDo}HV SHGDJyJLFDV TXH SXGHVVHP GDU
FRQWDGRVYiULRVDVSHFWRVTXHFRQVWLWXHPXPVXMHLWR%XVFDPRVDVVLPSHQVDU
H SURSRU YLYrQFLDV HP DXOD TXH SRVVDP VH WRUQDU H[SHULrQFLDV VLJQLILFDWLYDV
FDSD]HV GH SURYRFDUHP RV HVWXGDQWHV HWLFDPHQWH H TXH QmR GHVFRQKHoDP
PXLWR SHOR FRQWUiULR RV DVSHFWRV FRJQLWLYRV FRUSRUDLV H VHQWLPHQWDLV TXH
FRQVWLWXHPRVVHUHV
6HQGRDVVLPHQWHQGHPRVTXHDLPDJLQDomRDRVHUHVWLPXODGDHPDXOD
SRVVLELOLWD TXH DVSHFWRV FRJQLWLYRV HPRFLRQDLV UDFLRQDLV H FRUSRUDLV VHMDP
SURYRFDGRV H HVVHPRYLPHQWR DOpP GHGHL[DU DV DXODV PDLV HVWLPXODQWHV R
TXH HQWHQGHPRV FRPR VLJQLILFDWLYR QR SURFHVVR GH DSUHQGL]DJHP SRVVLELOLWD
XPD DSUHQGL]DJHP QD TXDO R VHU p FRQVLGHUDGR HP VXD LQWHJUDOLGDGH
52'5,*8(6
'HVVD IRUPD SDUD VHJXLUPRV SHQVDQGR HP FRPR SURYRFDU HVVD
PRYLPHQWDomRpWLFDSRUSDUWHGRVHVWXGDQWHVQRVSDUHFHTXHDIDFXOGDGHGH
LPDJLQDUDVVLPFRPRDSURYRFDomRGHH[SHULrQFLDVHPVDODGHDXODVmRGRLV
HOHPHQWRV LPSRUWDQWHV 1HVVD KLSyWHVH D LPDJLQDomR DR VHU HVWLPXODGD HP
VDODGHDXODSRGHSURYRFDUXPPRYLPHQWRLQWHUQRGHFRQVWUXomRpWLFDGHVLSRU
SDUWHGRVHVWXGDQWHVSDUDUHSHQVDUHPVXDVDo}HVQRSUHVHQWHHEXVFDUHPVH
GHVHQYROYHUFRPRVXMHLWRVSROtWLFRVpWLFRVHHVWpWLFRVTXHFRQVWUXtUDPIXWXURV
QmRGHILQLGRVRXFDWDORJDGRV 52'5,*8(63(5(,5$
$3DUWLUGHVVHVHQWHQGLPHQWRVDLGHLDGHH[SHULrQFLDGHIHQGLGDSRU-RUJH
/DURVVD QRVSDUHFHXXPFDPLQKRSRWHQWHSDUDSURYRFDUXPPRYLPHQWR
GHFRQVWUXomRpWLFDSRUSDUWHGRVHVWXGDQWHV$OpPGLVVRDPRELOL]DomRGHREUDV
GHDUWHHPVDODGHDXODWDPEpPIRLHVFROKLGDFRPRXPFDPLQKRSDUDEXVFDUD
SURYRFDomR pWLFD TXH DOPHMDPRV (QWHQGHPRV TXH D H[SHULrQFLD HVWpWLFD HP
VDODGHDXODFULDXPWHPSRQRWHPSRHPTXHSURIHVVRUHVHHVWXGDQWHVSRVVDP
VHHQFRQWUDUFRPRVRXWURVVHUHVGRPXQGRHWDPEpPFRQVLJRPHVPRV
$H[SHULrQFLDHQWHQGLGDFRPRpáthei máthosFRPRXPDDSUHQGL]DJHP
QR SHOR SDGHFHU SRGH SRVVLELOLWDU XP WLSRGH FRQKHFLPHQWR TXH SURYRFD XPD
FRQVWUXomR pWLFD -i TXH GHSRLV GHVVH WLSR GH H[SHULrQFLDV VRPRV DIHWDGRV
Ϯϭϱ
SHQHWUDGRVHWRFDGRV/DUURVDDRIDODUGDH[SHULrQFLDUHVVDOWDTXHSDUDTXH
SRVVDPRV WHU H[SHULrQFLDV RX VHMD SDUD TXH DOJR QR WRTXH QRV DFRQWHoD
SUHFLVDPRV³SDUDUSDUDSHQVDUSDUDUSDUDROKDUSDUDUSDUDHVFXWDUSHQVDUPDLV
GHYDJDU ROKDU PDLV GHYDJDU HHVFXWDU PDLV GHYDJDU SDUDU SDUD VHQWLU VHQWLU
PDLVGHYDJDUGHPRUDUVHQRVGHWDOKHVVXVSHQGHUDRSLQLmRVXVSHQGHURMXt]R
VXVSHQGHUDYRQWDGH>@´ /$5526$S
&HUWDPHQWH QHVVHV WHPSRV HP TXH YLYHPRV RQGH WHPSR SDUD VH
GHPRUDUHPSUiWLFDVLQ~WHLV 25',1( QmRSDUHFHWHUPDLVYH]QmRpIiFLO
YLYHU H[SHULrQFLDV PXLWR PDLV SURYRFiODV HP VDOD GH DXOD 1RV WHPSRV TXH
FRUUHP SDUDU SDUD HVFXWDU H VH HQFRQWUDU SDUHFH VHU LPSRVVtYHO $LQGD
WDPEpPEHPVDEHPRVTXHIDODPRVGHDOJRTXHpGLItFLOGHPHQVXUDUFRGLILFDU
HPXLWRPHQRVGHSODQHMDUQRVHQWLGRDEVROXWR2XVHMDDH[SHULrQFLDQmRpXP
REMHWLYR RX FRPSHWrQFLD TXH DR ILQDO GD VLWXDomR GLGiWLFD SURSRVWD SRVVDPRV
LGHQWLILFDUFRPFHUWH]DVHGHIDWRDFRQWHFHX3RLV
$H[SHULrQFLDQmRpXPDUHDOLGDGHXPDFRLVDXPIDWRQmRp
IiFLOGHGHILQLUQHPGHLGHQWLILFDUQmRSRGHVHUREMHWLYDGDQmR
SRGHVHUSURGX]LGD(WDPSRXFRpXPFRQFHLWRXPDLGHLDFODUD
H GLVWLQWD$ H[SHULrQFLD p DOJR TXH QRV DFRQWHFH H TXH DV
YH]HVWUHPHRXYLEUDDOJRTXHOXWDSHODH[SUHVVmRHTXHjV
YH]HVDOJXPDVYH]HVTXDQGRFDLHPPmRVGHDOJXpPFDSD]
GHGDUIRUPDDHVVHWUHPRUHQWmRVRPHQWHHQWmRVHFRQYHUWH
HPFDQWR(HVVHFDQWRDWUDYHVVDRWHPSRHRHVSDoR(UHVVRD
HP RXWUDV H[SHULrQFLDV H HP RXWURV WUHPRUHV H HP RXWURV
FDQWRV /$5526$S
$LQGDTXHVHMDDVVLPEXVFDPRVQHVVHWUDEDOKRSHQVDUHPSURYRFDo}HV
HVWpWLFDVHPVDODGHDXODTXHSRVVDPVHWRUQDUH[SHULrQFLDVSDUDRVHVWXGDQWHV
PRELOL]DQGRRV HWLFDPHQWH H FRQVLGHUDQGR D LPDJLQDomR XPD IDFXOGDGH
IXQGDPHQWDO SDUD TXH SRVVDP YLYHQFLDU D H[SHULrQFLD SURSRVWD PDV WDPEpP
SDUD TXH ROKHP SDUD R SDVVDGR SDUD TXH SHQVHP R SUHVHQWH H SDUD TXH
LPDJLQHPIXWXURV
(QFRQWUDQGRVHFRPDVWURYDGRUDVGRPHGLHYR
“Eu antes tinha querido ser os outros para conhecer o
que não era eu. Entendi então que eu já tinha sido os outros e
isso era fácil. Minha experiência maior seria ser o outro dos
outros: e o outro dos outros era eu.”
Clarice Lispector
Ϯϭϲ
1D EXVFD GH VHJXLUPRV SHQVDQGR VREUH R TXH QRV KDYtDPRV QRV
SURSRVWR FRQGX]LPRV H DQDOLVDPRV XPD VLWXDomR GLGiWLFD TXH EXVFDYD
HVWLPXODU D LPDJLQDomR DVVLP FRPR XP PRYLPHQWR pWLFR SRU SDUWH GRV
HVWXGDQWHV$ LGHLD IRL WUDQVIRUPDU D VDOD GH DXOD HP XP HVSDoR GH HQFRQWUR
RQGHSXGpVVHPRVSURYRFDUXPDDEHUWXUDSRUSDUWHGRVHVWXGDQWHVDWUDYpVGD
IDFXOGDGHGHLPDJLQDUHFRPYLYrQFLDVDUWtVWLFDVHPVDODGHDXODTXHSXGHVVHP
TXHPVDEHSURYRFDUXPWLSRGHH[SHULrQFLDHPTXHRVHVWXGDQWHVIRVVHPIHLWRV
SRUDTXHOHHQFRQWURHIRVVHPSURYRFDGRVDVHFRQVWUXLUHWLFDPHQWH
%XVFDPRV DVVLP XP WHPD TXH SXGHVVH FRPWHPSODU DV GLPHQV}HV
SROtWLFD pWLFD H HVWpWLFD TXH HQWHQGHPRV VHU LPSRUWDQWHV DR HQVLQDU H DR
DSUHQGHU DOpP GH QRV SRVVLELOLWDU SURSRU XP FRQWDWR FRP IRQWHV KLVWyULFDV
DWUDYpVGHXPDH[SHULrQFLDHVWpWLFD$VVLPRVHQGRSHQVDPRVTXHDV trobairitz
WURYDGRUDVPHGLHYDLV FRPVXDVFDQWLJDVSRGHULDPSURYRFDUXPDDEHUWXUDSRU
SDUWH GRV HVWXGDQWHV ( HVVD DEHUWXUD QHVVD KLSyWHVH SRVVLELOLWDULD D
DSUHQGL]DJHPHTXHPVDEHXPDPRYLPHQWDomRpWLFDSRUSDUWHGRVHVWXGDQWHV
$VLWXDomRGLGiWLFDQDtQWHJUDEHPFRPRRVPDWHULDLVSURGX]LGRVSDUD
DVPRELOL]Do}HVHPDXODID]HPSDUWHGRSURMHWRGHSHVTXLVDGHVHQYROYLGRDR
ORQJRGRPHVWUDGRHP(QVLQRGH+LVWyULDQD8QLYHUVLGDGH)HGHUDOGR56VRE
RULHQWDomR GR SURIHVVRU 1LOWRQ 0XOOHW 3HUHLUD H VH HQFRQWUDP GLVSRQtYHLV QD
GLVVHUWDomR LQWLWXODGD ³,PDJLQDomR H (QVLQR GH +LVWyULD XP HQFRQWUR FRP DV
WURYDGRUDVGRPHGLHYR´
$SURSRVWDIRLLGHDOL]DGDHFRQGX]LGDSDUDWXUPDVGRDQRGR (QVLQR
0pGLR GD HVFROD HVWDGXDO 2OLQGR )ORUHV TXH ILFD ORFDOL]DGD HP XP EDLUUR
SHULIpULFR GD FLGDGH GH 6mR /HRSROGR56 1D SURSRVWD DOpP GD DXGLomR GH
YHUV}HV GDV FDQWLJDV GDV WURYDGRUDV DOJXPDV LOXPLQXUDV PHGLHYDLV IRUDP
PRELOL]DGDVDVVLPFRPRWDPEpPIRLIHLWDDH[LELomRGRYtGHRUHFRUWHFRQVWUXtGR
DR ORQJR GD SHVTXLVD $OpP GLVVR QD VLWXDomR GLGiWLFD SURSRVWD WLYHPRV
H[HUFtFLRVGHLPDJLQDomRDVVLPFRPRWDPEpPURGDVGHFRQYHUVD2EVHUYRTXH
DV URGDV GH FRQYHUVD WLYHUDP XP SDSHO LPSRUWDQWH QD FRQGXomR GD SURSRVWD
FRPRXPWRGR
'LVSRQtYHLV HP
KWWSVGULYHJRRJOHFRPGULYHIROGHUV9FDDVK2VLQPRVOY4*6KFIJ:,X"XVS VKDULQJ
'LVSRQtYHOHPKWWSVOXPHXIUJVEUKDQGOH
Ϯϭϳ
$VHJXLUWHPRVXPDGDVLOXPLQXUDVPRELOL]DGDVHPDXODTXHEXVFDYDP
SURYRFDU R GLiORJR VREUH DV PXOKHUHV GD LGDGH PpGLD DVVLP FRPR WDPEpP
SURYRFDU R HQWHQGLPHQWR GH TXH DV FDWHJRULDV KRPHP HPXOKHU VmR YD]LDV H
WUDQVERUGDQWHV 6&277
)LJXUD2FRUWHMRGDGDPD
&RGH[0DQHVVH+HLGHOEHUJ&RG3DOJHUP%OY F
'DV LOXPLQXUDV DSUHVHQWDGDV DRV HVWXGDQWHV HVVD IRL XPD GDV TXH
SURYRFRX PDLV FRPHQWiULRV H VHJXLGDPHQWH QRV GLiORJRV FRQGX]LGRV RV
HVWXGDQWHVYROWDUDPDVHUHIHULUDHOD(VVHQFLDOPHQWHID]HQGRPHQomRDWURFD
GHSDSHLVFRPXPHQWHHVSHUDGDVHQWUHDGDPDHRFDYDOKHLUR1DLOXPLQXUDHP
TXHVWmRWHPRVDGDPDQRFDYDORHQTXDQWRRFDYDOKHLURHVWiQDWRUUHGRFDVWHOR
2YtGHRUHFRUWHSURGX]LGRWHYHFRPRLQWHQomRDX[LOLDUQDFRQVWUXomRGH
XPGLiORJRVREUHDYLGDGDVPXOKHUHVHGRVKRPHQVTXHYLYHUDPQD,GDGH0pGLD
HLQGDJDUVREUHDVUHODo}HVGHJrQHURQRSDVVDGRQRSUHVHQWHHQRIXWXUR1R
YtGHRHPTXHVWmRIRLIHLWDXPDFRODJHPGHP~VLFDVHLPDJHQVTXHSXGHVVHP
VXVFLWDUSHQVDPHQWRVVREUHDVQDUUDWLYDVFULDGDVVREUHDVPXOKHUHVDRORQJR
'LVSRQtYHO HP KWWSVGULYHJRRJOHFRPILOHGE:6ZR4IW(TV*8;QE*(S
,4]5YLHZ"XVS VKDULQJ
Ϯϭϴ
GD KLVWyULD H VREUH DV UHODo}HV TXH KRPHQV H PXOKHUHV IRUDP FDSD]HV GH
FRQVWUXLUDWpHQWmR
1RV UHFRUWHV HVFROKLGRV SDUD FRPSRU R YtGHR WHPRVD P~VLFD3DJX GD
5LWD/HHH=pOLD'XQFDQHQTXDQWRXPDLOXPLQXUDGROLYUR&LGDGHGDV'DPDV
GH &KULVWLQH GH3L]DQ p DSUHVHQWDGD $ LPDJHP TXH VHJXH p RXWUD
LOXPLQXUDGHVVDYH]GR&RGH[6FKUVWDEYHUVDTXDOPRVWUDXPKRPHP
DJUHGLQGR ILVLFDPHQWH XPD PXOKHU 'HSRLV WHPRV PDLV GXDV LOXPLQXUDV TXH
IRUDP UHFRUWDGDV H QmR DSDUHFHP QD tQWHJUD GR &RGH[ 0DQHVVH=ULFK GH
(P VHTXrQFLD WHPRV PDLV XP UHFRUWH QD WULOKD H XP WUHFKR GD
FRPSRVLomR³$FKDQWDUP¶HUGHVRTX¶LHXQRYROULD9RXFDQWDUWXGRTXHHXQmR
JRVWDULD´ GH %HDWUL] GH 'Li 7UDGXomR GH *XLOKHUPH *RQWLMR )ORUHV
,QWHUSUHWDo}HVGH0RQWVHUUDW)LJXHUDVGRiOEXP&DQVRVGH7UREDLULW]GLULJLGR
SRU-RUGL6DYDOOpUHSURGX]LGDMXQWDPHQWHFRPVXDWUDGXomR(PDWRVHTXrQFLD
R YtGHR VHJXH DJRUD FRP XP WUHFKR GH 3RHWLVDV QR WRSR GDV FRPSRVLWRUDV
FRQWHPSRUkQHDV0DULDQD0HOOR1DEULVD.DUROGH6RX]D$]]\6RXWR%LYROWH
'ULN %DUERVD 'XUDQWH HVVH WUHFKR IRWRV GH &HOLQD *XLPDUmHV TXH p FLWDGD
SHODV FRPSRVLWRUDV VmR DSUHVHQWDGDV LQFOXLQGR R DOLVWDPHQWR GH *XLPDUmHV
FRPR D SULPHLUD HOHLWRUD UHJLVWUDGD QR %UDVLO 2 RXWUR UHFRUWH GH P~VLFD TXH
VHJXHQRYtGHRpXPDFRPSRVLomRGH&ODULFH)DOFmRHPTXHHODID]GXHWRFRP
RXWUD FRPSRVLWRUD EUDVLOHLUD FRQWHPSRUkQHD $OLFH &D\PPL 1HVVH WUHFKR GR
YtGHRWHPRVPDLVXPDYH]XPUHFRUWHGHGXDVLOXPLQXUDVPHGLHYDLVGR&RGH[
0DQHVVH=ULFKGHVHJXLGDVSRUSLQWXUDVIHLWDVDRORQJRGDKLVWyULD
TXH UHWUDWDP PXOKHUHV HRX DV UHODo}HV HQWUH KRPHQV H PXOKHUHV TXH QRV
SDUHFHUDPSURYRFDGRUDVGHUHIOH[}HVFRPELQDGDVFRPRVWUHFKRVGDVFDQo}HV
HVFROKLGDVTXDLVVHMDP'RQ]HODFRPDUPDVGH)ULHGULFKYRQ$PHUOLQJVpFXOR
;,;6HPWtWXORGH*XLOODXPH6HLJQDFGH$PDU\OOLVFRURDQGR0LUWLORGH
-DFRE9DQ/RRGH2EHLMRGR*XVWDY.OLPWGHH2DQLYHUViULR
GH 0DUF &KDJDO GH $ SHQ~OWLPD FDQomR HVFROKLGD IRL 'HXVD GD
FRPSRVLWRUD/XDQD%D\{$VVLPTXHLQLFLDRWUHFKRGDFRPSRVLomRHPTXHVWmR
WHPRVXPDSLQWXUDTXHLQWHJURXDH[SRVLomR1HJUDV&DEHoDVHPGDDUWLVWD
,OOL ËOGLPD/LPD 6HJXLQGRFRPDVLPDJHQVHEXVFDQGRGLDORJDUFRPDOHWUDGD
FRPSRVLomRGH/XDQD%D\{WHPRVSLQWXUDVGD%HWW\$FTXDKTXHpXPDSLQWRUD
Ϯϭϵ
JDQHQVH FRQKHFLGD SRU XVDU WpFQLFDV GH SRQWLOKLVPR HP SLQWXUDV D yOHR H D
DFUtOLFR(PDWRVHTXrQFLDWHPRVSLQWXUDV2VDPDQWHVGH5HQp0DJULWWHGH
2 EHLMR GH 5R\ /LFKWHQVWHLQ GH H R %HLMR GH 3DEOR 3LFDVVR GH
$RILQDOFRPR~OWLPDP~VLFDTXHFRPS}HRYtGHRSURSRVWRWHPRVXPD
FRPSRVLomR GDV UHSHQWLVWDV7HUH]LQKD H /LQGDOYD FRQKHFLGD FRPR 9RX DPDU
$FRPSDQKDQGR D FRPSRVLomR GH 7HUH]LQKD H /LQGDOYD WHPRV DV VHJXLQWHV
REUDV 6DQV 7LWUH GH 0RXVVH 7UDRUr GH 7XOLS 6FKUHQNL 9, GH $OLGD
5RGULJXHVGHHR5HWUDWRGHXPDVHQKRUDGH.HOHFKL1ZDQHULGH
6HJXH ORJR DEDL[R XPDV GDV WDQWDV LPDJHQV PRELOL]DGDV QR YtGHR D
SLQWXUDFKDPDGD0XOKHU%HWVLPLVDUDNDGDDUWLVWDËOGLPD/LPD
)LJXUD0XOKHU%HWVLPLVDUDND
ËOGLPD/LPDH[SRVLomR1HJUDVFDEHoDVDTXDUHODHDFUtOLFDVREUHSDSHO[FP
2EVHUYRXVHTXHRYtGHRUHFRUWHWHYHXPJUDQGHHIHLWRQRVHVWXGDQWHVH
TXH DOpP GH DX[LOLDU QD PHPyULD VREUH R WHPD DERUGDGR GHVSHUWDQGR R
LQWHUHVVH SHOR DVVXQWR SURYRFRX XPD DEHUWXUD SDUD TXH SHQVDVVHP QD
FDWHJRULD KRPHP H PXOKHU FRPR FDWHJRULDV WUDQVERUGDQWHV 6&277
%HP DVVLP FRPR DFDERX SRU SURYRFDU TXH UHWRPDVVHP VLWXDo}HV YLYLGDV QR
SDVVDGRHVVHQFLDOPHQWHQRTXHWDQJHDYLROrQFLDFRPPXOKHUHV2VUHODWRVGH
YLROrQFLD DSDUHFHUDP QDV IDODV GDV H GRV HVWXGDQWHV FRP IUHTXrQFLD$OJXQV
LQFOXVLYH VH VHQWLUDP UHVSRQViYHLV SRU QmR WHUHP LQWHUIHULGR DR DVVLVWLUHP
ϮϮϬ
ϮϮϭ
TXHYLVHQWLHHVFXWHLHPVDODGHDXOD%XVFDQGRWUDQVIRUPDUPLQKDVYLYHQFLDV
HPH[SHULHQFLDVLGHQWLILFRTXHDSURSRVWDRVSURYRFRXHWLFDPHQWH
$OpPGLVVRWDPEpPILFRXH[SOLFLWRRTXDQWRDSURSRVWDRVOHYRXSDUDR
SDVVDGRHVVHQFLDOPHQWHRSDVVDGRYLYLGRSRUHOHV0HSDUHFHXTXHQRSULPHLUR
PRPHQWRRHQFRQWURTXHWLYHUDPQmRIRLFRPDVFRPSRVLWRUDVGRPHGLHYRPDV
VLP FRQVLJR PHVPRV FRP VXDV KLVWyULDV VXDV UHODo}HV VXDV GRUHV VHXV
PHGRVHVHXVDPRUHV6RPHQWHGHSRLVGHPXLWRHVSDoRSDUDGLiORJRTXHPH
SDUHFHX TXH DOJXQV VH HQFRQWUDUDP FRP DV WURYDGRUDV %RD SDUWH GHOHV
SDUHFHP TXH ILFDUDP QR HQFRQWUR FRQVLJR PHVPR$R VRP GDV FDQWLJDV GDV
trobairitzRVHVWXGDQWHVDSUHQGHUDPVREUHDVPXOKHUHVGRPHGLHYRPDVDFLPD
GHWXGRVREUHHOHVPHVPRV
&RPSUHHQGHVH DVVLP TXH D LPDJLQDomR SURYRFDGD SRU H[HUFtFLRV
LPDJLQDWLYRVH[SHULrQFLDVHVWpWLFDVHRXWUDVWDQWDVIRUPDVTXHIRUPRVFDSD]HV
GH SURPRYHU DX[LOLDP QRV SURFHVVRV GH DSUHQGL]DJHP SRVVLELOLWDQGR XPD
DSUHQGL]DJHPPDLVYLYDHPTXHRROKDUSDUDVLPHVPRHSDUDRRXWURSRGHVHU
DPSOLDGR6HQGRDLPDJLQDomRXPDIDFXOGDGHTXHDX[LOLDQRGHVHQYROYLPHQWR
GHHPSDWLD )5<( DVVLPFRPRVHID]HVVHQFLDOSDUDWRUQDUPDLVYLYDV
WRGDV DV RXWUDV IDFXOGDGHV (*$1 HQWHQGHVH TXH DR SURYRFDUPRV D
LPDJLQDomRHPVDODGHDXODSRWHQFLDOL]DPRVDVSRVVLELOLGDGHVGHDSUHQGL]DJHP
GRVHVWXGDQWHVEHPDVVLPFRPRWDPEpPSRWHQFLDOL]DPRVDVSRVVLELOLGDGHVGH
YLYHQFLDUHP H[SHULrQFLDV $OpP GLVVR WDPEpP H[LVWH XPD DPSOLDomR GH
SRVVLELOLGDGHV SDUD VL H SDUD R PXQGR QR TXH WDQJH DR LPDJLQiULR GRV
HVWXGDQWHV Mi TXH D LPDJLQDomR WDPEpP p FULDGRUD GH UHDOLGDGHV
%$&+(/$5'
'HSRLV GR H[SRVWR HQWHQGHPRV TXH SDUD DSUHQGHU p SUHFLVR VH
HQFRQWUDU6HHQFRQWUDUFRQVLJRPHVPRPDVWDPEpPFRPRVRXWURVGRPXQGR
3DUD DSUHQGHU p SUHFLVR GXYLGDU GH VL FRORFDU VXDV YHUGDGHV FRPR
SRVVLELOLGDGHVHVHSHUPLWLUVHUIHLWRSHORHQFRQWURFRPRRXWUR$VVLPSRGHPRV
SHQVDU D VDOD GH DXOD GH +LVWyULD FRPR XP HVSDoR GH HQFRQWUR 3(5(,5$
*,$&2021, RQGH D LPDJLQDomR FRPR HVVD IDFXOGDGH GD PHQWH TXH
WRUQD PDLV YLYDV WRGDV DV RXWUDV VH ID] LPSRUWDQWH QRV SURFHVVRV GH
DSUHQGL]DJHQV FRQFHLWXDLV H QD FDSDFLGDGH GH DUWLFXODU FRPSUHHQV}HV PDV
ϮϮϮ
WDPEpPWHPSDSHOGHLPSRUWkQFLDFRPRIRPHQWDGRUDGHQRYDVSRVVLELOLGDGHV
SDUDVLHSDUDRPXQGR1HVVDGLUHomRDVDODGHDXODGH+LVWyULDFRPRHVSDoR
GHH[SHULrQFLDSRGHSURSLFLDUTXHRVHVWXGDQWHVSRVVDPVHUSURYRFDGRVDVH
FRQVWUXtUHPHWLFDPHQWHDRVHHQFRQWUDUHPFRPRVRXWURVGRPXQGR
5HIHUrQFLDV
$'25127(GXFDomRDSyV$XVFKZLW],Q(GXFDomRH(PDQFLSDomR5LR
GH-DQHLUR3D]H7HUUDS
$5(1'7+DQQDK(QWUHRSDVVDGRHRIXWXUR7UDGXomRGH0DXUR:
%DUERVDHG6mR3DXOR3HUVSHFWLYD
%$&+(/$5'*$SRpWLFDGRGHYDQHLR7UDGXomR$QWRQLRGH3DGXD'DQHVL
6mR3DXOR0DUWLQV)RQWHV
%52:1:HQG\1DVUXtQDVGRQHROLEHUDOLVPRDDVFHQVmRGDSROtWLFD
DQWLGHPRFUiWLFDQRRFLGHQWH6mR3DXOR3ROLWHLD
'8$57(-5-))XQGDPHQWRVHVWpWLFRVGDHGXFDomRHG&DPSLQDV
633DSLUXV
(*$1.3RUTXHDLPDJLQDomRpLPSRUWDQWHQDHGXFDomR",Q)5,7=(1
&HOGRQ&$%5$/*6 2UJ ,QIkQFLDLPDJLQDomRHHGXFDomRHPGHEDWH
&DPSLQDV3DSLUXV
)5<(1RUWKURS$LPDJLQDomRHGXFDGD&DPSLQDV639LGH(GLWRULDO
/$5526$-RUJH7UHPRUHV(VFULWRVVREUHH[SHULrQFLD%HOR+RUL]RQWH
$XWrQWLFD
BBBBBBBBBBBBBBBBBBBBBBB1RWDVVREUHDH[SHULrQFLDHRVDEHUGH
H[SHULrQFLD5HYLVWD%UDVLOHLUDGD(GXFDomR5LRGH-DQHLURQS
$EU'LVSRQtYHOHPKWWSVGRLRUJ6
$FHVVRHPIHY
0$785$1$+XPEHUWR(PRo}HVH/LQJXDJHPQD(GXFDomRHQD3ROtWLFD
%HOR+RUL]RQWH8)0*
ϮϮϯ
0217(6625,0DULD3HGDJRJLD&LHQWtILFD7UDG$XU\%UXQHWWL6mR
3DXOR)ODPER\DQW
081'858.8'DQLHO(GXFDomRLQGtJHQDGRFRUSRGDPHQWHHGRHVStULWR
0~OWLSODV/HLWXUDV6mR3DXORYQSMDQMXQ'LVSRQtYHO
HPKWWSVZZZPHWRGLVWDEUUHYLVWDVUHYLVWDV
LPVLQGH[SKS0/DUWLFOHYLHZ)LOH$FHVVRHP
25',1(1XFFLR$8WLOLGDGHGRLQXWLOXPPDQLIHVWR6mR3DXOR=DKDU
3(5(,5$1LOWRQ0XOOHW$SUHQGL]DJHPHP+LVWyULDFRPRDUWHGHFULDU
HQFRQWURVDOHJUHV8)9-0/$3(+,6<RXWXEHK'LVSRQtYHOHP
KWWSVZZZ\RXWXEHFRPZDWFK"Y 7H94\MUR W V$FHVVRHP
BBBBBBBBBBBBBBBBBBBB2TXHSRGHDLPDJLQDomRQDDSUHQGL]DJHP
KLVWyULFD"&/,25HYLVWD3HVTXLVD+LVWyULFDYQS
52'5,*8(6$*3(5(,5$10$V7UREDLULW]LUURPSHPQREDQTXHWHGH
6yFUDWHVHQVLQRGHKLVWyULD,GDGH0pGLDHLPDJLQDomRQDDSUHQGL]DJHPHP
KLVWyULD3RQWDGH/DQoD5HYLVWD(OHWU{QLFDGH+LVWyULD0HPyULD
&XOWXUDYQS±MXO'LVSRQtYHO
HPKWWSVVHHUXIVEULQGH[SKSSRQWDGHODQFDDUWLFOHYLHZ$FHVVRHP
IHY
52'5,*8(6$PDQGD*,PDJLQDomRHHQVLQRGHKLVWyULDXPHQFRQWUR
FRPDVWURYDGRUDVGRPHGLHYR2ULHQWDGRU1LOWRQ0XOOHW3HUHLUD
'LVVHUWDomR 0HVWUDGR 3URJUDPDGH3yV*UDGXDomRHP(QVLQRGH+LVWyULD
GD8QLYHUVLGDGH)HGHUDOGR5LR*UDQGHGR6XO±3URI+LVWyULD'LVSRQtYHOHP
KWWSVOXPHXIUJVEUKDQGOH$FHVVRHPIHY
6&277-RDQ*rQHURXPDFDWHJRULD~WLOGHDQDOLVHKLVWyULFD(GXFDomR
5HDOLGDGH,661 LPSUHVVR H RQOLQH YQ
!'LVSRQtYHOHP
67(,1(55$DUWHGDHGXFDomR,RHVWXGRJHUDOGRKRPHP6mR3DXOR
$QWURSRVyILFD
ϮϮϰ
(QVLQRGH+LVWyULDIRUPDomRGRFHQWHH
OLYURVGLGiWLFRV
ϮϮϱ
³8023(5È5,2'26(87(032´26,03$&726'$%1&&
62%5(26&$3Ë78/267(Ï5,&26'$62%5$6','È7,&$6'2
(16,12)81'$0(17$/
5DIDHO6FKLHU*UDQDGR
,QWURGXomR
2WH[WRDVHJXLUDSUHVHQWDRSURMHWRGHSHVTXLVDHPGHVHQYROYLPHQWR
QR&XUVRGH0HVWUDGR3URILVVLRQDOHP(QVLQRGH+LVWyULD 3URI+LVWyULD±8(3*
TXHHVWDEHOHFHXPDFRPSDUDomRHQWUHjVSHUVSHFWLYDVWHyULFDVHDVSULQFLSDLV
PXGDQoDVHSHUPDQrQFLDVQRVFDStWXORVGH7HRULDGD+LVWyULDRX,QWURGXomRDRV
(VWXGRV +LVWyULFRV SUHVHQWHV QRV OLYURV GLGiWLFRV GH +LVWyULD GR (QVLQR
)XQGDPHQWDO,,DQWHVHGHSRLVGD%DVH1DFLRQDO&RPXP&XUULFXODU %1&&
2VOLYURVVHOHFLRQDGRVSDUDDDQiOLVHVmRXPFRQMXQWRGHFROHo}HVGR
31/' DQWHULRU j %1&& H XP FRQMXQWR GR 31/' GHSRLV GD %1&& D VDEHU
&ROHomR+LVWRULDUGH*LOEHUWR&RWULPH-DLPH5RGULJXHV H &ROHomR
3URMHWR0RVDLFRGH&ODXGLR9LFHQWLQRH-RVp%UXQR9LFHQWLQR H&ROHomR
3URMHWR$UDULEi H SRU ILP &ROHomR +LVWyULD 6RFLHGDGH H &LGDGDQLD GH
$OIUHGR%RXORV-UFRPDLQWHQomRGHYHULILFDUFRPRVHGHXVHGHXDLQFOXVmRGR
FRQWH~GR GH WHRULD 1HVVH VHQWLGR DV REUDV VHOHFLRQDGDV VmR RV SULPHLURV
YROXPHV GH FDGD FROHomR YLVWR TXH p RQGH DV TXHVW}HV WHyULFDV HVWmR PDLV
SUHVHQWHV
$ SHVTXLVD DQFRUDVH QD PHWRGRORJLD GHVFULWLYDTXDOLWDWLYD FRP
DERUGDJHP SDXWDGD QD DQiOLVH GH FRQWH~GR $V IRQWHV D VHUHP WUDEDOKDGDV
IRUDP VHOHFLRQDGDV FRQVLGHUDQGR D GDWD GH SXEOLFDomR H D DXWRULD GD REUD
GLGiWLFD2XWURDVSHFWRGHWHUPLQDQWHSDUDHVFROKDGDVIRQWHVIRLDSUHVHQoDGRV
FDStWXORVGH³,QWURGXomRDRV(VWXGRV+LVWyULFRV´SRVWRTXHHVWHFRQWH~GRTXH
DWpSRXFRWHPSRQmRHUDXPDXQDQLPLGDGHQDVREUDVGLGiWLFDVFRPDFKHJDGD
GD %1&& WRUQRXVH XPD REULJDWRULHGDGH SDUD R FXUUtFXOR GR (QVLQR
)XQGDPHQWDOH0pGLR
1HVWDSHVTXLVDIDUHPRVXPOHYDQWDPHQWRGRVSULQFLSDLVWySLFRVWHyULFRV
HFRQFHLWRVTXHHPEDVDPDVGLVFXVV}HVSUHVHQWHVQROLYURGLGiWLFRFRORFDQGR
ϮϮϲ
HPHYLGrQFLDRVPDLVFRPXQVHDVYDULDo}HVGHXPDREUDGLGiWLFDSDUDRXWUD
2XWURDVSHFWRSUHVHQWHQDDQiOLVHpDLQYHVWLJDomRVREUHRVFKDPDGRV³0DQXDLV
GR3URIHVVRU´GDVPHVPDVREUDVGLGiWLFDVYLVWRTXHHVWHpRHVSDoRRQGHR
DXWRU HODERUD VXDV VXJHVW}HV H VH FRPXQLFD GLUHWDPHQWH FRP R GRFHQWH
MXVWLILFDQGRVXDVHVFROKDVHFRQWHPSODQGRDVSHUVSHFWLYDVWHyULFDVFRPPDLRU
SURIXQGLGDGH $R HVWDEHOHFHU R FRPSDUDWLYR HQWUH REUDV SUHVHQWHV QRV GRLV
~OWLPRV HGLWDLV GR 31/' 3URJUDPD 1DFLRQDO GR /LYUR 'LGiWLFR ± VHQGR XP
DQWHULRUHRXWURSRVWHULRUDRHVWDEHOHFLPHQWRGDQRYD%DVH&XUULFXODUYLVDPRV
FRQWULEXLU SDUD FRQVWUXomR GH XP SDQRUDPD GH FRPR DV PXGDQoDV VRFLDLV
DOLDGDVHDVPXGDQoDVFXUULFXODUHVLQIOXHQFLDPDSURGXomRGHOLYURVGLGiWLFRV
XWLOL]DGRVQRWUDEDOKRHVFRODU
3UREOHPiWLFD
&RPSUHHQGHU FRPR RV HOHPHQWRV WHyULFRV DSUHVHQWDGRV QR FDStWXOR
LQLFLDOGROLYURGLGiWLFRGH+LVWyULDGR(QVLQR)XQGDPHQWDO,,VHFRQILJXUDPQRV
~OWLPRV DQRV GH YLJrQFLD GRV 3&1¶V H 'LUHWUL]HV &XUULFXODUHV (VWDGXDLV H QRV
SULPHLURVDQRVGHLPSOHPHQWDomRGD%1&&
$%1&&
&RPRILPGRVDQRVGHUHSUHVVmRYLYLGRVGXUDQWHD'LWDGXUD&LYLO0LOLWDU
RHQVLQRGHKLVWyULDWRPDYDQRYRI{OHJRDSDUWDGRGHILQLWLYDPHQWHGRHQVLQRGH
*HRJUDILD R FDPSR GD +LVWyULD FDUUHJDYD FRQVLJR D HVSHUDQoD GH GLDV
PHOKRUHV $VVXPLQGR XP SDSHO LPSRUWDQWH FRPR FDPSR IRUPDGRU SDUD R
H[HUFtFLR GD FLGDGDQLD TXH VH FRQILUPD QR FDUiWHU ³&LGDGmR´ GD &RQVWLWXLomR
)HGHUDO GH TXDQWR QDV VXEVHTXHQWHV /HLV GH 'LUHWUL]HV H %DVHV /'%
FRPRQRV3DUkPHWURV&XUULFXODUHV1DFLRQDLV 3&1 DPERVRVGRFXPHQWRVGD
GpFDGDGH1RHQWDQWRRFOLPDGHRWLPLVPRYLYLGRQRVDQRVFRQWUDVWD
FRP R FOLPD GH DPHDoD H SHVVLPLVPR HQWUH RV SURIHVVRUHV GDV FLrQFLDV
KXPDQDVDWXDOPHQWH
&RPRSDVVDUGRVDQRVQmRREVWDQWHRHQVLQRGH+LVWyULDVHWRUQRX
DOYRGHSURIXQGRVDWDTXHVVHMDSRUSDUWHGHJUXSRVSROtWLFRVPLGLiWLFRVHDWp
GH VHWRUHV GD VRFLHGDGH FLYLO$ +LVWyULD HQTXDQWR FRQKHFLPHQWR VRFLDOPHQWH
ϮϮϳ
YiOLGRHGLVFLSOLQDDXW{QRPDGRVFXUUtFXORVHVFRODUHVHVSHFLDOPHQWHQR(QVLQR
0pGLRWHPVLGRDOYRGHDWDTXHVUHGXomRGHFDUJDKRUiULDRXDWpH[FOXVmRGR
FXUUtFXORGHSHQGHQGRGRLWLQHUiULRIRUPDWLYRRIHUWDGRSHODHVFROD
$SXEOLFDomRGD%DVH1DFLRQDO&RPXP&XUULFXODU %1&& QRDQRGH
SRURXWURODGRWDPEpPQmRVHPRVWUDFRPRXPDOtYLRSDUDDVGHPDQGDV
GRHQVLQRGHKLVWyULDYLVWRDJUDQGHLQIOXrQFLDGRGLVFXUVRQHROLEHUDOHGHJUXSRV
HPSUHVDULDLVFRPRµ7RGRVSHOD(GXFDomR¶HRµ0RYLPHQWRSHOD%DVH1DFLRQDO
&RPXP¶ TXH DUYRUD JUXSRV FRPR 1DWXUD )XQGDomR /HPDQQ ,QVWLWXWR$\UWRQ
6HQQD8QLEDQFRTXHGHPRQVWUDPRLQWHUHVVHGRJUDQGHFDSLWDOHPWRUQRGRV
UXPRVGDHGXFDomR 0(1'(6S
$YLWyULDGHXPGLVFXUVRQHROLEHUDOVREUHRFXUUtFXORHVFRODUpWDPEpPD
SHUSHWUDomRGDOyJLFDPHUFDGROyJLFDVREUHRHQVLQRS~EOLFRTXHDVVXPHQmR
PDLVRFDUiWHUIRUPDWLYRSDUDDFLGDGDQLDPDVVLPXPFDUiWHUGHIRUPDomRGH
PmRGHREUDDPRUIDGHVWLQDGDDRPHUFDGRGHWUDEDOKR
/LYURGLGiWLFRH3ROtWLFDV3~EOLFDV
2 OLYUR GLGiWLFR GHVGH R VpFXOR ;,; H PDLV WDUGH FRP R SURFHVVR GH
DPSOLDomRGDHVFRODUL]DomRIRLFRQVLGHUDGRXPDIHUUDPHQWDGLGiWLFDEDVWDQWH
LPSRUWDQWHVHUYLQGRPXLWDVYH]HVFRPRXPDSRUWHSDUDRRItFLRGRSURIHVVRU
'HVGH R SHUtRGR GD GHPRFUDWL]DomR PXLWR PXGRX QD YLGD SROtWLFD EUDVLOHLUD
DVVLP FRPR QR DPELHQWH GDV HVFRODV 0HVPR FRP DV PXGDQoDV FXUULFXODUHV
DGYLQGDVGRV3DUkPHWURV&XUULFXODUHV1DFLRQDLV 3&1V HUHFHQWHPHQWHD%DVH
1DFLRQDO &RPXP &XUULFXODU R OLYUR GLGiWLFR SHUPDQHFH XPD XQDQLPLGDGH
HQTXDQWRIHUUDPHQWDGLGiWLFD0RWLYDQGRLQFOXVLYHRQDVFLPHQWRHFRQVROLGDomR
GH SROtWLFDV S~EOLFDV QRV DQRV GHVWLQDGDV D DYDOLDU H GLVWULEXLU RV OLYURV
GLGiWLFRVHPWRGDVDVHVFRODVGRSDtV 31/' TXHVHPDQWpPDWp RVGLDVGH
KRMH
1R %UDVLO R OLYUR GLGiWLFR WDPEpP Mi VHUYLX SDUD GHWHUPLQDU ³R TXH VH
HQVLQD H FRPR VH HQVLQD R TXH VH HQVLQD´ HP HVSHFLDO HP PRPHQWRV GH
DXVrQFLDGHGLUHWUL]HVFXUULFXODUHVRUJDQL]DGDVFRPRGXUDQWHRUHJLPHPLOLWDU
1HVWHV PRPHQWRV RV OLYURV GLGiWLFRV LPSRVWRV SHOR JRYHUQR YLJHQWH VHUYLDP
FRPRFXUUtFXORSDUDDVGLVFLSOLQDVHVFRODUHV6HJXQGR)RQVHFD S
ϮϮϴ
³+RXYH XPD DFRPRGDomR HP WRUQR GR OLYUR WRUQDQGRR XP LQVWUXPHQWR TXH
DVVXPHDIRUPDGRFXUUtFXORHDIRUPDGRVDEHUHPVDODGHDXOD´&RPRQmR
KDYLD XP FXUUtFXOR IRUPDOL]DGR PXLWR PHQRV HVSDoR SDUD R GLiORJR HQWUH D
UHDOLGDGHGDVHVFRODVHRVWHFQRFUDWDVGDHGXFDomRFUHVFHUDPDVFUtWLFDVHD
UHSURYDomRGHPXLWRVSURIHVVRUHVFRPUHODomRDROLYURGLGiWLFRHQFDUDGRFRPR
XPDIHUUDPHQWDTXHUHWLUDYDDDXWRQRPLDSDUDDDWXDomRGRVSURIHVVRUHV
0DVDILQDORTXHpROLYURGLGiWLFR"(VWDpXPDTXHVWmREDVWDQWHGLItFLO
GH VH UHVSRQGHU YLVWR TXH QmR H[LVWH XP FRQVHQVR VREUH D VXD GHILQLomR
3RUpP SDUD GHILQLU R TXH p R OLYUR VHJXLUHPRV R TXH GL] R ³*XLD GH
SUHHQFKLPHQWRGDILFKDGREDQFRGHGDGRV´ GR/LYUHVJUXSRGD863OLJDGRD
FDWDORJDomRHRUJDQL]DomRGHDFHUYRVGHOLYURVGLGiWLFRV
6mR WRGDV DV REUDV FXMD LQWHQomR RULJLQDO p H[SOLFLWDPHQWH
YROWDGD SDUD R XVR SHGDJyJLFR H HVWD LQWHQomR p PDQLIHVWDGD
SHOR DXWRU RX HGLWRU 1HVWD FRQFHSomR VH LQVHUHP DOpP GRV
OLYURV GLGiWLFRV PDLV FRPXQV DV REUDV FRQKHFLGDV FRPR
SDUDGLGiWLFDV FROHWkQHDV GH OLWHUDWXUD SURGX]LGDV SDUDV DV
HVFRODVHDLQGD$WODVGLFLRQiULRVHVSHFLDOPHQWHHGLWDGRVSDUDR
XVR SHGDJyJLFR LQFOXLVH FRPR OLYUR GLGiWLFR REUDV TXH
HPERUDLQLFLDOPHQWHQmRWHQKDPVLGRFRQFHELGDVWHQGRHPYLVWD
R S~EOLFR HVFRODU DGTXLULUDP R VWDWXV SHGDJyJLFR FRP XVR
FRQVWDQWHHPVDODGHDXOD /,95(6S
2 OLYUR HVFRODU UHYHODVH FRPR XP GRFXPHQWR LPSRUWDQWH SDUD D
FRPSUHHQVmR GD KLVWyULD GR HQVLQR GH KLVWyULD VXDV QXDQFHV H VXDV
WUDQVIRUPDo}HV3DUDFRPSUHHQGHUHVWHGRFXPHQWRFRUUHWDPHQWHpQHFHVViULR
SHQVDU WDQWR QR FRQWH[WR VRFLDO TXH R FLUFXQGD H R FRQGLFLRQD FRPR XPD
H[SUHVVmRGDVPDWUL]HVFXUULFXODUHVTXDQWRQDVFRQGLo}HVPDWHULDLVH[LVWHQWHV
HPVXDFRQIHFomR
7RGD REUD VH LQVHUH HP XP FtUFXOR HVSHFtILFR D VDEHU R SURFHVVR
FULDWLYRGRDXWRUSDVVDSHODVPmRVGDHGLWRUD TXHWUDQVIRUPDRXID]VXJHVW}HV
DRWH[WRLPDJHQVPDSDVHWFQRSURFHVVRGHHGLWRUDomRGROLYUR SDVVDSHOD
JUiILFD WUDQVSRUWDGRUDV OLYUHLURV DWp FKHJDU jV PmRV GR FRQVXPLGRU ILQDO D
VDEHUROHLWRUHVWXGDQWH '$51721 (QFDUDUDPDWHULDOLGDGHGDREUDp
DERUGiOD ³FRPR PHUFDGRULD H REMHWR FXOWXUDO QD GLYHUVLGDGH GH UHODo}HV
TXHLVVRLPSOLFD&RPRPHUFDGRULDHOHFHUWDPHQWHFDUUHJDDVPDUFDVGRVHU
SDUDROXFURHGDLQG~VWULDFXOWXUDO´ 081$.$7$S
ϮϮϵ
(QTXDQWR REUD HVFULWD R PDWHULDO GLGiWLFR SUHVVXS}H XP OHLWRU H DR
PHVPRWHPSRWHQWDFRQWURODUDVIRUPDVGHDSUHHQVmRGHTXHPROrRXDLQGD
H[LVWH D QHFHVVLGDGH GH VH LPSRU XPD ³RUWRGR[LD GR WH[WR´ VREUH D DWLYLGDGH
FULDGRUDGROHLWRU6REUHHVWHDVSHFWRFRPHQWD&KDUWLHUTXH
3RUXPODGRDOHLWXUDpSUiWLFDFULDGRUDDWLYLGDGHSURGXWRUDGH
VLJQLILFDGRV VLQJXODUHV GH VLJQLILFDo}HV GH PRGR QHQKXP
UHGXWtYHLVjVLQWHQo}HVGRVDXWRUHVGHWH[WRVRXGRVID]HGRUHV
GH OLYURV 3RU RXWUR ODGR R OHLWRU p VHPSUH SHQVDGR SHOR
DXWRUSHORFRPHQWDGRUHSHORHGLWRUFRPRGHYHQGRILFDUVXMHLWR
DXPVHQWLGR~QLFRDXPDFRPSUHHQVmRFRUUHWDDXPDOHLWXUD
DXWRUL]DGD &+$57,(5S
&RPRLVVRRFRUUH"$WUDYpVGHER[HVGHWH[WRQRWDVGHURGDSpJORVViULR
RXPHVPRUHIOH[}HVGHVWLQDGDVDRVSURIHVVRUHVSUHVHQWHVQROLYURGRSURIHVVRU
DVVLPFRPRLQGLFDo}HV ELEOLRJUDILDILOPHVVLWHVLPDJHQVHWF
7HRULDGD+LVWyULD&XUUtFXORH/LYUR'LGiWLFR
$ KLVWyULD OHYRX ORQJRV VpFXORV D VH FRQVWLWXLU HQTXDQWR XPD FLrQFLD
DXW{QRPD HP YHUGDGH SHUPDQHFHX SRU PXLWR WHPSR FRPR XP WUDEDOKR GH
FURQLVWDVHUXGLWRVHRXWURVHVWXGLRVRVFRPXPDJUDQGHVLPSDWLDSHORVHVWXGRV
GRSDVVDGR$+LVWyULDDSHVDUGHDLQGDQmRSRVVXLUXPPpWRGRSRVWRSDUDVXD
SURGXomR SRVVXtD FRQWXGR XPD IXQomR 3DUD HVVHV HVWXGLRVRV D KLVWyULD
SRVVXtD XP SDSHO GLGiWLFR H PRUDOL]DQWH SRU YH]HV FDWHTXpWLFR (VVD
FRQFHSomRGH+LVWyULDFRPXPHQWHGHQRPLQDGD³Magistra Vitae”, WLQKDDIXQomR
GHIRUQHFHUOLo}HVSDUDRSUHVHQWHHGHRULHQWDUDSDUWLUGHH[HPSORV(exempla)
HGHIRUQHFHUYLVOXPEUHVGHXPSDVVDGRQDLPLQrQFLDGHVHUHSHWLUQDVDo}HV
IXWXUDV +$572*
1R 6pFXOR ;,; D +LVWyULD JDUDQWLX VXD UHOHYkQFLD HQTXDQWR IRUPD GH
FRQKHFLPHQWR YiOLGR &RQTXLVWDQGR TXDVH VLPXOWDQHDPHQWH VXD DXWRQRPLD
HQTXDQWR GLVFLSOLQD DFDGrPLFD H VXD LQVHUomR QDV GLUHWUL]HV FXUULFXODUHV
GHVWLQDGDVjVHVFRODV&RPRFDPSRXQLYHUVLWiULRWHQGRSRUIXQomRIRUPDUQRYRV
TXDGURVSDUDDDFDGHPLDHSDUDRHQVLQREiVLFR
$R VH FRQVROLGDU HQTXDQWR FDPSR FLHQWtILFR D +LVWyULD WURX[H FRQVLJR
VXD SUySULD 7HRULD URPSHQGR FRP RV SDUDGLJPDV SUpFLHQWtILFRV GD magistra
vitae H FRP DV GHQRPLQDGDV ILORVRILDV GD KLVWyULD TXH LUURPSHUDP GXUDQWH R
VpFXOR ;9,,, $V ILORVRILDV GD KLVWyULD IRUDP IRUPDV GH FRPSUHHQGHU R
ϮϯϬ
GHVHQYROYLPHQWRKLVWyULFRGHQWURGHXPDSHUVSHFWLYDXQLYHUVDOHPJHUDOVRED
LQVSLUDomR GDV FRQYXOV}HV VRFLDLV H UHYROXo}HV YLYLGDV QDTXHOH VpFXOR H SHOR
SULVPD GR SURJUHVVR $ KLVWyULD HUD SRUWDGRUD GD WHOHRORJLD LVWR p HVWDYD
GHVWLQDGD D XPD ILQDOLGDGH 1HVWH VHQWLGR HVWXGDU D KLVWyULD HUD GHVYHODU DV
IRUPDVSHODVTXDLVDQDWXUH]DDUD]mRD'LYLQD3URYLGrQFLDRXDGLDOpWLFDGDV
UHODo}HVGHFODVVHVGHPRQVWUDYDPVHXVGHVtJQLRVSDUDRIXWXUR
$ +LVWyULD GHILQLGD SRU 0DUF %ORFK S FRPR ³FLrQFLD GRV
KRPHQVQRWHPSR´UHFHEHXVHXstatusGHFLHQWLILFLGDGHQRVpFXOR;,;FRPRV
SHQVDGRUHVGDFKDPDGD³(VFROD0HWyGLFD´$+LVWyULDFLHQWtILFD pHQJHQGUDGD
GDUXSWXUDFRPDVFRQFHSo}HVILORVyILFDVGDKLVWyULDPDUFDGDVSRUVHXFDUiWHU
WHOHROyJLFRRXVHMDFXMRFDPLQKRHVWDYDGHWHUPLQDGRHGHVWLQDGRDXPILP2
³télos´ VH PDQLIHVWRX GH PXLWDV IRUPDV QRV GLIHUHQWHV ILOyVRIRV GD KLVWyULD
ILJXURXVH QR SURJUHVVR QD ³VRFLHGDGH VHP FODVVHV´ QD ³,GDGH GR (VStULWR
6DQWR´HQDFKHJDGDGD-HUXVDOpPFHOHVWHHGRMXt]RILQDOSRUH[HPSOR
$+LVWyULDHQTXDQWRFLrQFLDQDVFHXVHPDVSUHWHQV}HVGHFRPSUHHQGHU
DVWUDPDVKLVWyULFDVGHQWURGHXP³télos´VHXGHVHMRHUDRGHUHWUDWDU³RSDVVDGR
FRPR HOH UHDOPHQWH IRL´ 2 status FLHQWtILFR JDUDQWH j +LVWyULD VXDV SULPHLUDV
FiWHGUDV GHQWUR GDV DFDGHPLDV HXURSHLDV H VXDV SULPHLUDV GLVFXVV}HV
PHWRGROyJLFDVHVREUHD7HRULDGD+LVWyULD
(QTXDQWR GLVFLSOLQD DFDGrPLFD D KLVWyULD DIDVWRXVH GD YLVmR
WHOHROyJLFD VHP DEDQGRQDU SRUpP DV UHIOH[}HV VREUH VHX FDPSR (VWDV
UHIOH[}HVQmRPDLVVHGHVWLQDYDPDFRPSUHHQGHUDRUGHQDomRGDGDjKLVWyULD
SRUXPDFDWHJRULDPHWDKLVWyULFDPDV³XPDUHIOH[mRGHRUGHPHSLVWHPROyJLFD
VREUHDPDQHLUDGHSURFHGHUGRFRQKHFLPHQWRKLVWyULFR´ %285'e 0$57,1
S
2FDPSRGD7HRULDGD+LVWyULDVHFRQILJXURXFRPRXPHVSDoRGHVXPD
LPSRUWkQFLD DR WUDEDOKR KLVWRULRJUiILFR SHUPDQHFHQGR FRPR XP FDPSR GH
YDQJXDUGDSDUDDVGLYHUVDVHVFRODVKLVWyULFDV9LVWRTXHpHVVDiUHDRQGH³D
FLrQFLD KLVWyULFD YROWD VHX IHUUmR FRQWUD VL PHVPD´ LVWR p p R HVSDoR GDV
GLVFXVV}HVHSLVWHPROyJLFDVHGRVFRQIURQWRVGHLGHLDVVREUHR³ID]HUKLVWyULD´
eDSDUWLUGDIRUPXODomRRXGDDGRomRGHXPDYHUWHQWHWHyULFDTXHRKLVWRULDGRU
WUDQVPLWH D VXD YLVmR GH PXQGR SDUD D QDUUDWLYD TXH SUHWHQGH GHVHQYROYHU
Ϯϯϭ
$LQGD VHJXQGR %DUURV 7HRULD GD +LVWyULD SRGH VHU GHILQLGD GH WUrV IRUPDV
GLVWLQWDVDVDEHU
GH XP ODGR SRGH VLJQLILFDU R FRQMXQWR JOREDO GH DUWHIDWRV
WHyULFRV FRQFHLWRVSULQFtSLRVSHUVSHFWLYDV GHRXWURODGR
SRGH VH UHIHULU DRV JUDQGHV SDUDGLJPDV WHyULFRV ± FRPR R
KLVWRULFLVPRRSRVLWLYLVPRRXRPDWHULDOLVPRKLVWyULFR HSRU
ILP GHYHVH FRQVLGHUDU TXH DV ³WHRULDV GD KLVWyULD´ SRGHP VH
UHIHULUDTXHVW}HVSDUWLFXODUHV %$5526S
1RVVD LQYHVWLJDomR VH DQFRUD HVSHFLDOPHQWH QD SULPHLUD DFHSomR GD
SDODYUDQRHQWDQWRVHPLJQRUDURVSDUDGLJPDVWHyULFRVHVXDVFRQWULEXLo}HV
3RGHPRVGL]HUFRP0LFKHOGH&HUWHDX TXHDRPLVVmRFRPUHODomRjV
SHUVSHFWLYDV WHyULFDV GD +LVWyULD JHUD LQHYLWDYHOPHQWH XP ³VRQDPEXOLVPR
WHyULFR´RXVHMDRQGHH[LVWHXPDFRQFHSomRWHyULFDTXHQmRpSURIHVVDGDSRU
XPGHVHMRGHREMHWLYLGDGHRXSRUXPDPiIRUPDomRGRKLVWRULDGRUHGRSURIHVVRU
GH+LVWyULD
2X VHMD QRWDPRV XP SRQWR GH FRQIOXrQFLD HQWUH 'LGiWLFD H7HRULD GD
+LVWyULD (VWHV FDPSRV UHODFLRQDPVH QR SRQWR H[DWR GDV TXHVW}HV ODQoDGDV
VREUH D HSLVWHPRORJLD GD GLVFLSOLQD $R UHIOHWLU VREUH D FRJQRVFLELOLGDGH GR
FRQKHFLPHQWR KLVWyULFR UHIOHWH WDPEpP VREUH VXD SRVVLELOLGDGH HQTXDQWR
FRQKHFLPHQWRDVHHQVLQDUVHJXQGR5VHQ
7HRULDGD+LVWyULDHGLGiWLFDSRVVXHPRPHVPRSRQWRGHSDUWLGD
PDV VH GHVHQYROYHP HP GLUHo}HV FRJQLWLYDV GLIHUHQWHV $
WHRULD SHUJXQWD SHODV FKDQFHV UDFLRQDLV GR FRQKHFLPHQWR
KLVWyULFR H D GLGiWLFD SHODV FKDQFHV GH DSUHQGL]DGR GD
FRQVFLrQFLDKLVWyULFD 586(1S
2V0DQXDLVOLYURVWH[WRVDSRVWLODVHOLYURVGLGiWLFRVGH+LVWyULDXVDGRV
QR%UDVLOPDLVRXPHQRVGHVGHRLQtFLRGRSURFHVVRGHHVFRODUL]DomRSRVVXHP
GH PRGR JHUDO XP SDSHO UHVHUYDGR SDUD DV TXHVW}HV WHyULFDV JHUDOPHQWH
FKDPDGDV ³,QWURGXomR DRV (VWXGRV +LVWyULFRV´ 9LD GH UHJUD DV GLVFXVV}HV
WHyULFDV ORFDOL]DPVH QR FDStWXOR LQWURGXWyULR GR OLYUR GLGiWLFR SDUD DV VpULHV
LQLFLDLVGR(QVLQR)XQGDPHQWDO,, $QR VHQGRHVWH~OWLPRRREMHWRGRHVWXGR
D VH GHVHQYROYHU $VVLP VHUYLQGR WDPEpP FRPR XPD DSUHVHQWDomR GDV
SULQFLSDLV HVFRODV GD KLVWRULRJUDILD H SURSRUFLRQDQGR XP DSRUWH WHyULFR XP
FRQMXQWRGHFRQFHLWRVTXHSHUPHLDPDSUiWLFDGRKLVWRULDGRUHTXHVHUmR~WHLV
SDUDFRPSUHHQGHUDVQDUUDWLYDVGHVHQYROYLGDVSHOROLYUR
&RP D FRQVROLGDomR GD %DVH 1DFLRQDO &RPXP &XUULFXODU DSHVDU GH
FULDUXPDREULJDWRULHGDGHFRPUHODomRDRWySLFRGHQRPLQDGR³+LVWyULDWHPSR
ϮϯϮ
HVSDoRHIRUPDVGHUHJLVWUR´SDUDRDQRTXHVmRDQRPHQFODWXUDGDGDDRV
WySLFRVWHyULFRVDVHUHPWUDEDOKDGRVSHORSURIHVVRUHVWDVFRQFHSo}HVWHyULFDV
HQFRQWUDPVHGHIDVDGDVFRPDVGLVFXVV}HVDFDGrPLFDVDWXDLV
'RV2EMHWLYRV
3DUD UHDOL]DomR GR WUDEDOKR EXVFDUHPRV FRPSDUDU RV FDStWXORV
GHVWLQDGRVj³,QWURGXomRDRV(VWXGRV+LVWyULFRV´QRVOLYURVGLGiWLFRVGR(QVLQR
)XQGDPHQWDO ,, DQWHV H GHSRLV GD LPSOHPHQWDomR GD %DVH 1DFLRQDO &RPXP
&XUULFXODU
7DPEpP WUDWDUHPRV GH LGHQWLILFDU DV FDUDFWHUtVWLFDV GD WUDQVSRVLomR
GLGiWLFDGRVDEHUDFDGrPLFR /LYURGR3URIHVVRU SDUDVDEHUHVFRODU &DStWXOR
,QWURGXWyULR LGHQWLILFDQGR VXDV SULQFLSDLV FRUUHQWHV WHyULFDV DSUHVHQWDGDV H
ORFDOL]DQGRDREUDGLGiWLFDHQTXDQWRSDUWHGHXPFRQWH[WRKLVWyULFRHGHQWURGH
XPSURMHWRGHHGXFDomRH[SUHVVRHPXPFXUUtFXOR
0HWRGRORJLD
2PpWRGRGHSHVTXLVDFHQWUDVHQDDQiOLVHTXDOLWDWLYDFRPDDQiOLVHGH
OLYURVGLGiWLFRVFXMDIHUUDPHQWDSULQFLSDOHVFROKLGDSDUDDQiOLVHVHUiDSURSRVWD
GH$QiOLVHGH&RQWH~GRGH/DXUHQFH%DUGLQ S TXHVHFHQWUDHPXP
³FRQMXQWRGHWpFQLFDVGHDQiOLVHGDVFRPXQLFDo}HV´(VWDPHWRGRORJLDIRUQHFH
IHUUDPHQWDV SUySULDV SDUD D LQYHVWLJDomR GH WH[WRV YLVDQGR HVSHFLDOPHQWH
UHYHODUHOHPHQWRVRFXOWDGRVSURSRVLWDOPHQWHRXQmRSRUWUiVGHXPGLVFXUVR
(PUHVXPRDDQiOLVHGHFRQWH~GRpDQWHVGHWXGRXPDPHWRGRORJLDFLHQWtILFD
TXH YLVD GHVYHODU R ³SURMHWR GH UHSUHVHQWDomR GH XP UHDO SUpFRQVWUXtGR´
52&+$H'(86'$5ÈS SRUGHWUiVGDOLQJXDJHP
1R WUDWR FRP RV OLYURV GLGiWLFRV VHJXLUHPRV RV SDVVRV VXJHULGRV SRU
%DUGLQSDUDD$QiOLVHGHFRQWH~GRD SUpDQDOLVHE H[SORUDomRGRPDWHULDOH
F WUDWDPHQWRGRVGDGRVLQIHUrQFLDHLQWHUSUHWDomR %$5',1S
1DSULPHLUDIDVHGHWHUPLQDPRVDVIRQWHVHHVWDEHOHFHPRVRVSULPHLURV
FRQWDWRV FRP R PDWHULDO &RP EDVH QR UHFRUWH EXVFDPRV REUDV DPSODPHQWH
XWLOL]DGDV HP VDOD GH DXOD RXWUR DVSHFWR GHWHUPLQDQWH SDUD D HVFROKD IRL D
SUHVHQoDGHXPFDStWXORWHyULFRLQWURGXWyULR
Ϯϯϯ
3DUD D VHJXQGD H WHUFHLUD IDVHV GD DQiOLVH GRV OLYURV GLGiWLFRV TXH
HQYROYHRWUDWDPHQWRGHIRQWHVHVXDDQiOLVHDSURIXQGDGDYLVDQGRFRPSUHHQGHU
DV SULQFLSDLV VHPHOKDQoDV H GLIHUHQoDV HQWUH RV OLYURV GLGiWLFRV XWLOL]DUHPRV
WDPEpPsoftwaresGHDQiOLVHGHFRQWH~GRTXHVHUYLUmRSDUDLGHQWLILFDUHPDSHDU
RV FRQFHLWRV PDLV FRPXQV SUHVHQWHV QRV OLYURV GLGiWLFRV &RORFDQGRRV HP
FRQWUDVWH QmR VRPHQWH HQWUH VL PDV FRP R FRQKHFLPHQWR SURGX]LGR SHOD
DFDGHPLD
&RQVLGHUDo}HV)LQDLV
&DEHQHVWH~OWLPRPRPHQWRUHSRUWDUDOJXPDVREVHUYDo}HVSUHOLPLQDUHV
SDUD R GHVHQYROYLPHQWR GD SHVTXLVD HP HVSHFLDO DOJXQV GRV HOHPHQWRV
WySLFRV H FRQFHLWRV WHyULFRV SUHVHQWHV QDV REUDV GLGiWLFDV VREUH DV TXDLV
YROWDPRV R QRVVR ROKDU (P SULPHLUR OXJDU p QHFHVViULR WHU HP YLVWD TXH RV
OLYURVWH[WRV QmR SUHWHQGHP SDVVDU D LQWHJULGDGH H D FRPSOH[LGDGH GDV
GLVFXVV}HVWHyULFDVQHPGHYHVHUHVWHRVHXSDSHO1RHQWDQWRROLYURGLGiWLFR
p XP LPSRUWDQWH PHLR SHOR TXDO R FRQKHFLPHQWR FLHQWtILFR H R FRQKHFLPHQWR
HVFRODUHVWDEHOHFHPXPDUHODomRGLDOyJLFD
2FDStWXORWHyULFRHPJHUDOGLVFXWHRVVHJXLQWHVWySLFRVRFRQFHLWRGH
+LVWyULD VXD FLHQWLILFLGDGH R SDSHO GDV IRQWHV H VXDV GLYHUVDV GHVLJQDo}HV
IRQWHVPDWHULDLVLPDWHULDLVHVFULWDVQmRHVFULWDVDXGLRYLVXDLVHWF D³GLYLVmR
GDKLVWyULD´HPTXDWUR³LGDGHV´DIXQomRGRWHPSRHVXDVGXUDo}HVRVDJHQWHV
LQVHULGRV QR WHPSR KLVWyULFR TXH YLVD GDU QRomR GH TXH QyV WDPEpP VRPRV
DJHQWHV SUHVHQWHV HP XP GHWHUPLQDGR WHPSR KLVWyULFR R VXUJLPHQWR GDV
IRUPDVGHPHGLURWHPSRGDQGRrQIDVHDRVXUJLPHQWRGRVFDOHQGiULRVRSDSHO
GRKLVWRULDGRUHVWH³LQYHVWLJDGRUGRSDVVDGR´TXHUHFROKHDVIRQWHVFRPRXP
GHWHWLYHUHFROKHVXDVSLVWDVSDUDUHFRQVWUXLURVPLVWpULRVGHWHPSRVSUHWpULWRV
H GH PRGR PDLV UDUR SRGHP VH DSUHVHQWDU DV (VFRODV +LVWyULFDV H VXDV
GLIHUHQoDV
(PERUD RV HVWXGRV VREUH RV PDQXDLV HVFRODUHV WHQKDP JDQKR XP
HVSDoRGHGHVWDTXHHRVDYDQoRVUHIHUHQWHVDRHVWXGRGRVOLYURVGLGiWLFRVGH
KLVWyULDHQTXDQWRIRQWHKLVWyULFDSDUDFRPSUHHQGHURVFDPLQKRV GRHQVLQRGH
+LVWyULDQRSDtVVHMDPFRQVLGHUiYHLV2HVWXGRVREUHRFDStWXORLQWURGXWyULRGR
Ϯϯϰ
OLYURGLGiWLFRHVREUHDVTXHVW}HVWHyULFDVDOLSUHVHQWHVDLQGDpXPFDPSRSRXFR
H[SORUDGR6HQGRSRUWDQWRXPUHIOH[RGDUHDOLGDGHGDVDODGHDXOD3RVWRTXH
HPERUD SRVVXD LPSRUWkQFLD HQTXDQWR FRQKHFLPHQWR DFDGrPLFR D 7HRULD GD
+LVWyULDTXHQmRUDURRFXSDPDLVGHXPDGLVFLSOLQDGDVJUDGHVFXUULFXODUHV
GDVXQLYHUVLGDGHVDRVHUWUDQVSRVWDSDUDDUHDOLGDGHGDVDODGHDXODVHGLIHUH
GHRXWURVFRQWH~GRVHDSHVDUGHSRVVXLUXPHVSDoRFRQVROLGDGRHUHDILUPDGR
FRP D QRYD %DVH 1DFLRQDO &RPXP &XUULFXODU VHX HVSDoR UHVWULQJHVH D XP
FRQWH~GR GH ³VHJXQGD RUGHP´ H HP VH WUDWDQGR GD UHDOLGDGH GR (QVLQR
)XQGDPHQWDOXPFRQWH~GREDVWDQWHSROrPLFR
5HIHUrQFLDV
%$5',1/DXUHQFH$QiOLVHGH&RQWH~GR/LVERD3RUWXJDO(GLo}HV
%$5526-RVpG¶$VVXQomR7HRULDH)RUPDomRGR+LVWRULDGRU3HWUySROLV
5-(GLWRUD9R]HV
%/2&+0DUF Apologia da História: ou ofício do Historiador.5LRGH
-DQHLUR=DKDU
&(55,/)(QVLQRGH+LVWyULDHFRQFHSo}HVKLVWRULRJUiILFDV(VSDoR
3OXUDO[S. l.]YQSS±'LVSRQtYHOHPKWWSVH
UHYLVWDXQLRHVWHEULQGH[SKSHVSDFRSOXUDODUWLFOHYLHZ$FHVVRHP
MDQ
&(57($80LFKHOGH$(VFULWDGDKLVWyULD±5LRGH-DQHLUR)RUHQVH
8QLYHUVLWiULD
&+$57,(55RJHU$KLVWyULDFXOWXUDOHQWUHSUiWLFDVHUHSUHVHQWDo}HV
7UDGXomR0DQXHOD*DOKDUGR/LVERD'LIHO5LRGH-DQHLUR%HUWUDQG%UDVLO
'$517215REHUW 2EHLMRGH/DPRXUHWWH ±6mR3DXOR&RPSDQKLDGDV
/HWUDV
)216(&$6HOYD*XLPDUmHV&DPLQKRVGD+LVWyULD(QVLQDGD(G
&DPSLQDV633DSLUXV
+$572*)7HPSRKLVWyULDHDHVFULWDGDKLVWyULDDRUGHPGRWHPSR5HYLVWD
GH+LVWyULD[S. l.]QS'2,LVVQ
YLS'LVSRQtYHOHP
KWWSVZZZUHYLVWDVXVSEUUHYKLVWRULDDUWLFOHYLHZ$FHVVRHPMDQ
Ϯϯϱ
/,95(6*XLDGHSUHHQFKLPHQWRGDILFKDGREDQFRGHGDGRV6mR3DXOR
)(863
0(1'(6%UHQRENSINO DE HISTÓRIA, HISTORIOGRAFIA E CURRÍCULO
DE HISTÓRIA.5HYLVWD7UDQV9HUVRV>6O@QSDEU,661
'LVSRQtYHOHPKWWSVZZZH
SXEOLFDFRHVXHUMEULQGH[SKSWUDQVYHUVRVDUWLFOHYLHZ!$FHVVRHP
RXWGRLKWWSVGRLRUJWUDQVYHUVRV
BBBBBBBBBB.D]XPLO livro didático como mercadoria3UR3RVLo}HV
&DPSLQDV63YQS±'LVSRQtYHO
HPKWWSVSHULRGLFRVVEXXQLFDPSEURMVLQGH[SKSSURSRVLFDUWLFOHYLHZ
!$FHVVRHPMXQ
52&+$'26'(86'$5È%UXQRAnálise de conteúdo e Análise do
discurso: o lingüístico e seu entorno.'(/7$'RFXPHQWDomRGH(VWXGRVHP
/LQJtVWLFD7HyULFDH$SOLFDGD6mR3DXORYQS
Ϯϯϲ
$)250$d2(0+,67Ï5,$($',6326,d2'(0$7(5,$,6
48((192/9(0$/(,3(5&(3d®(6$3$57,5'$6
1$55$7,9$6'2668-(,72648(/,'$0&202(16,12'(
+,67Ï5,$
0HOLQD/LPD3LQRWWL
,QWURGXomR
$ /HL TXH DOWHURX D /HL GH 'LUHWUL]HV H %DVH /'% SDUD
HGXFDomR WRUQRX REULJDWyULR R HQVLQR GD KLVWyULD H GD FXOWXUD DIULFDQD H DIUR
EUDVLOHLUDHPWRGRkPELWRHVFRODUVHQGRYLVWDFRPRDSULQFLSDODomRGHSROtWLFD
DILUPDWLYDGHVWLQDGDDSRSXODomRQHJUDQR%UDVLO$VDOWHUDo}HVQDVOHJLVODo}HV
SURPRYHP SHUtRGRV SULYLOHJLDGRV SDUD RV SHVTXLVDGRUHV SRU GLVSRUHP QRYRV
SUREOHPDVHREMHWRVGHSHVTXLVD8PDYH]DOWHUDGRRFDPSRHGXFDFLRQDO³FDGD
GRFHQWH p IRUoDGR D VH ODQoDU SRU VXD SUySULD FRQWD HP FDPLQKRV DLQGD QmR
WULOKDGRVRXDH[SHULPHQWDUDVVROXo}HVTXHOKHVmRDFRQVHOKDGDV´ &+(59(/
S
'HILQHVH FRPR Do}HV DILUPDWLYDV DV SROtWLFDV S~EOLFDV FULDGDV SRU
LQVWLWXLo}HV S~EOLFDV RX SULYDGDV FRP R REMHWLYR GH GLPLQXLU DV GHVLJXDOGDGHV
UDFLDLV&RPRSDUWHVLQWHJUDQWHVGHVWDVDo}HVHVWmRDGHVFRQVWUXomRGHXPD
UHSUHVHQWDomRQHJDWLYDGRVQHJURVDLQVHUomRMXVWDHLJXDOLWiULDQDVRFLHGDGHH
RFRPEDWHDRUDFLVPR1R%UDVLOWDLVSROtWLFDVS~EOLFDVWRUQDUDPVHQHFHVViULDV
GLDQWHGHXPFHQiULRGHLQMXVWLoDHGHVLJXDOGDGHVRFLDODGYLQGRVDRORQJRGRV
VpFXORV SHOD HVFUDYLGmR VHJUHJDomR LQIHULRUL]DomR H SUHFRQFHLWR FRQWUD D
SRSXODomRQHJUD(PVHXFRQWH~GRD/HLUHVVDOWDDLPSRUWkQFLDGDHVFRODHGR
HQVLQRGH+LVWyULDHPWUDEDOKDUWHPiWLFDVTXHHQYROYHPTXHVW}HVGDGLYHUVLGDGH
FXOWXUDOQR%UDVLO
0XLWRVIRUDPRVGHVGREUDPHQWRVGD/HLGRFXPHQWRVIRUDPIRUPXODGRVH
DOWHUDGRVSDUDGDUFRQWDGDVRULHQWDo}HVILUPDGDVSRUWDQWRIRLSUHFLVRFULDUXPD
GLUHWUL]FXUULFXODUSUySULDSDUDWUDWDUGHFRQWH~GRVSURJUDPiWLFRV$VDiretrizes
0HPEURGR*HSHK
KWWSODWWHVFQSTEU
Ϯϯϳ
3URIHVVRUD'RXWRUDGR&HQWURGH(GXFDomRH&LrQFLDV+XPDQDVGD8)6&DUIRLDSULPHLUD
PXOKHUQHJUDDWLYLVWDDID]HUSDUWHGR&RQVHOKR1DFLRQDOGH(GXFDomRWHYHVXDLQGLFDomRSHOR
PRYLPHQWRQHJURpUHFRQKHFLGDQDFLRQDOPHQWHHLQWHUQDFLRQDOPHQWHTXDQWRDRVHVWXGRVGDV
UHODo}HVpWQLFRUDFLDLVHDIULFDQLGDGHV
Ϯϯϴ
Ϯϯϵ
$VHQWUHYLVWDVDTXLWUDEDOKDGDVIRUDPUHDOL]DGDVQRDQRGHWHQGRFRPR
PHWRGRORJLDDKLVWyULDRUDOWHPiWLFDTXH³pGRVJrQHURVQDUUDWLYRVHPKLVWyULD
RUDODIRUPDTXHPDLVVHSUHVWDjVDQiOLVHVTXHFRQIURQWDPRSLQL}HVRXYLVWDV
GLIHUHQWHVGHXPPHVPRSRQWRRXDVVXQWR´ 0(,+<6($:5,*+7S
-iDVHOHomRGDVWHVWHPXQKDVFRQVLGHURXVHRVHVWXGRVGH'DQLqOH9ROGPDQ
TXHDQDOLVRXDLPSRUWkQFLDGDVHOHomRGDVWHVWHPXQKDVHPIXQomRGR
REMHWR HVWXGDGR ( GLDQWH GD YDULHGDGH GH Do}HV DSRQWDGDV QDV ³GLUHWUL]HV´
SDUDDSUHVHQWHSHVTXLVDIRUDPHVFROKLGDVGXDVDo}HVTXHHQYROYHPWHPiWLFDV
DIULFDQDV H DIUREUDVLOHLUDV D IRUPDomR GRV SURIHVVRUHV H D GLVSRVLomR GRV
PDWHULDLV
/RFDOL]DomRGDVHVFRODVHDSUHVHQWDomRGDVSURIHVVRUDV
/RFDOL]DGDQRVXGHVWHGRHVWDGRGH0DWR*URVVRGR6XO1RYD$QGUDGLQD
p D PDLRU FLGDGH GR 9DOH GR ,YLQKHPD 'HYLGR DR Q~PHUR DEUDQJHQWH GH
HVFRODV H D LPSRVVLELOLGDGH GH WUDEDOKDU FRP WRGDV IL] D HVFROKD GH WUrV
LQVWLWXLo}HVSDUDDUHDOL]DomRGDSHVTXLVDWRPDQGRFRPRFULWpULRDEUDQJHUDV
HVIHUDVPXQLFLSDOHVWDGXDOHIHGHUDO$VVLPQD(VFROD0XQLFLSDOTXHRIHUHFH
R(QVLQR)XQGDPHQWDORIRFRGHDQiOLVHIRUDPRVDQRVILQDLV DRDQR 1D
(VFROD (VWDGXDO TXH RIHUHFH R (QVLQR )XQGDPHQWDO H R (QVLQR 0pGLR R
LQWHUHVVHVHFRQFHQWURXQDVWXUPDVGR(QVLQR0pGLR1R,QVWLWXWR)HGHUDOTXH
RIHUHFHFXUVRVWpFQLFRVSDUDR(QVLQR0pGLRDSHVTXLVDSURS}HFRPSUHHQGHU
DLPSODQWDomRGD/HLHPFXUVRVWpFQLFRVGHDJURSHFXiULDHLQIRUPiWLFD
$HVFROKDGHVVDVWUrVHVFRODVMXVWLILFDVHSHODYDULHGDGHGHDOXQRVHSRU
VHUHP LQVWLWXLo}HV S~EOLFDV FRP ILQDOLGDGHV GLIHUHQFLDGDV QR FRQWH[WR GD
HGXFDomRGH1RYD$QGUDGLQD$LGHLDLQLFLDOGDSHVTXLVDHUDOLPLWDUVHDR(QVLQR
29DOHGR,YLQKHPDpFRPSRVWRSHODVVHJXLQWHVFLGDGHV1RYD$QGUDGLQD%DWDLSRUm,YLQKHPD
%DWDJXDVVX%UDVLOkQGLD$QDXULOkQGLD7DTXDUXVVX6DQWD5LWDGR5LR3DUGR$QJpOLFDH1RYR
+RUL]RQWHGR6XO$FHVVRHPGHIHYHUHLURGH
$WXDOPHQWHDFLGDGHGH1RYD$QGUDGLQDFRQWDFRPHVFRODVVHQGRVHWHPXQLFLSDLVVHWH
HVWDGXDLVXPDIHGHUDOHWUrVSDUWLFXODUHVTXHQmRIH]SDUWHGDSHVTXLVDSRLVRIRFRVmRDV
LQVWLWXLo}HVS~EOLFDV
&RPDILQDOLGDGHGHSUHVHUYDUDLGHQWLGDGHGDVGRFHQWHVHGHPDLVHQYROYLGRVDVQDSHVTXLVD
RV QRPHV FLWDGRV QHVWD SHVTXLVD VmR ILFWtFLRV 'HVWD IRUPD DV HVFRODV WDPEpP QmR IRUDP
LGHQWLILFDGDV WDPSRXFR VHXV UHVSHFWLYRV HQGHUHoRV 3RUWDQWR QR GHFRUUHU GR WUDEDOKR DV
UHIHUrQFLDVIHLWDVjVHVFRODVYROWDPVHDVHVIHUDVLQVWLWXFLRQDLVHPTXHDWXDUDPDVSURILVVLRQDLV
VHQGR(VFROD0XQLFLSDO SURIHVVRUD'DQLHOH (VFROD(VWDGXDO SURIHVVRUD7DWLDQH HR,QVWLWXWR
)HGHUDO SURIHVVRUD0DULDQD
ϮϰϬ
0pGLRSRUpPDVHVFRODVPXQLFLSDLVDEUDQJHPDSHQDVR(QVLQR)XQGDPHQWDO
RTXHSRGHDJUHJDUYDOLRVDVLQIRUPDo}HVGRWUDEDOKRFRPDVWHPiWLFDVDIULFDQDV
HDIUREUDVLOHLUDV
2V PRWLYRV SDUD D HVFROKD GD HVFROD PXQLFLSDO VmR YiULRV FRPR D
ORFDOL]DomRSHULIpULFDQDFLGDGHRDWHQGLPHQWRDDOXQRVRULXQGRVGRVEDLUURV
ORFDOL]DGRV HP VXDV SUR[LPLGDGHV H R FRQWDWR TXH WLYH FRP RV WUDEDOKRV DOL
GHVHQYROYLGRVTXDQGRID]LDDJUDGXDomRHP+LVWyULDDWUDYpVGDSDUWLFLSDomRHP
SURMHWRGHH[WHQVmRHQXPRXWURPRPHQWRHPTXHDWXHLFRPRGRFHQWHGXUDQWH
XPVHPHVWUHSRUVXEVWLWXLUXPSURIHVVRUTXHHVWDYDGHOLFHQoD$FRQYLYrQFLD
FRP RV DOXQRV PH SHUPLWLX FRQKHFHU H TXHVWLRQDU DV FRQGLo}HV VRFLDLV
HQIUHQWDGDVQRFRWLGLDQRHVFRODU
7DPEpP FRPR PRWLYR GD HVFROKD FDEH UHVVDOWDU TXH FRQKHFL D
SURIHVVRUD'DQLHOHDRSDUWLFLSDUGHXPFXUVRGHIRUPDomRFRQWLQXDGDQRDQRGH
5HFpPIRUPDGD SHOD 8QLYHUVLGDGH )HGHUDO GH 0DWR *URVVR GR 6XO
8)06 FDPSXV GH $TXLGDXDQD 'DQLHOH HVWDYD QR JR]R GH VXD SURILVVmR
+DYLDVHPXGDGRSDUD1RYD$QGUDGLQDHDVVXPLGRRFRQFXUVRGHKRUDVSDUD
GDU DXODV GH +LVWyULD HP HVFRODV GR PXQLFtSLR 'H LQtFLR OHFLRQRX HP YiULDV
HVFRODVPXQLFLSDLVHHPGLYHUVDVWXUPDV3RUTXHVW}HVGHDILQLGDGHVQRDQRGH
UHPRYHX VXD FDUJD KRUiULD SDUD D (VFROD 0XQLFLSDO HQYROYLGD QHVVD
SHVTXLVDDVVXPLQGRDXODVQRVDQRVILQDLVGR(QVLQR)XQGDPHQWDO
$(VFROD(VWDGXDOIRLHVFROKLGDSRUFULWpULRVPDLVSUDJPiWLFRV$SHVDUGH
VHU D HVFROD RQGH FXUVHL R (QVLQR 0pGLR H IL] R (VWiJLR
6XSHUYLVLRQDGR GR FXUVR GH JUDGXDomR HP +LVWyULD R TXH FKDPRX
DWHQomRIRUDPRVtQGLFHVGR,'(%HGR(1(0DOFDQoDGRVSHODHVFROD3RUVHU
6HQGRHOHVREDLUUR'XUYDO$QGUDGH)LOKREDLUUR$UJHPLUR2UWHJDEDLUURV%HOD9LVWD,H%HOD
9LVWD ,, H$QW{QLR 8OLVVHV 3LQKHLUR 7RGRV FRQWDP FRP FDVDV GH SURJUDPDV JRYHUQDPHQWDLV
IHGHUDOHVWDGXDOHPXQLFLSDO TXHVmRFHGLGDVjVIDPtOLDVGHEDL[DUHQGD
ËQGLFHGH'HVHQYROYLPHQWRGD(GXFDomR%iVLFDFULDGRHPSHOR,QVWLWXWR1DFLRQDOGH
(VWXGRVH3HVTXLVDV(GXFDFLRQDLV$QtVLR7HL[HLUD ,QHS IRUPXODGRSDUDPHGLUDTXDOLGDGHGR
DSUHQGL]DGR QDFLRQDO H HVWDEHOHFHU PHWDV SDUD D PHOKRULD GR HQVLQR 'LVSRQtYHO HP
ZZZSRUWDOPHFJRYEU!$FHVVRHPGHIHYHUHLURGH
$HVFRODFRQTXLVWRXDOLGHUDQoDGHVGHRDQRGHTXDQGRDVQRWDVQR([DPH1DFLRQDOGR
(QVLQR0pGLR (1(0 SDVVDUDPDVHUGLYXOJDGDVSHOR0(&(PDHVFRODDOFDQoRXDPpGLD
GHILFDQGRHPGpFLPRVpWLPROXJDUQRUDQNLQJGDVHVFRODVS~EOLFDVGH0DWR*URVVRGR
6XO1R(QVLQR0pGLRDWD[DGHDSURYDomRGRVDOXQRVpGHHDWD[DGHHYDVmRpGH
1R~OWLPR,'(%UHDOL]DGRQRDQRGHHQTXDQWRDPpGLDODQoDGDSDUDDVHVFRODV
S~EOLFDVGRHVWDGRGH0DWR*URVVRGR6XOIRLGHD(VFROD(VWDGXDODOFDQoRXDQRWDGH
Ϯϰϭ
VXSHUDQGRDSURMHomRTXHHUDGH'LVSRQtYHOHP,QVWLWXWR1DFLRQDOGH(VWXGRVH3HVTXLVDV
(GXFDFLRQDLV$QtVLR7HL[HLUD_,QHS ZZZJRYEU !$FHVVRHPGHIHYHUHLURGH
2 &DPSXV GH 'RXUDGRV &3'2 IRL WUDQVIRUPDGR QD 8QLYHUVLGDGH )HGHUDO GD *UDQGH
'RXUDGRV 8)*' FRPDVXDLQVWDODomRRFRUULGDHPGHDFRUGRFRPD/HLQ
GH'LVSRQtYHOHPKWWSVZZZXIPVEUXQLYHUVLGDGHKLVWRULFR!$FHVVRHPGH
IHYHUHLURGH
(PXPDFRQYHUVDLQIRUPDODSURIHVVRUD7DWLDQHH[SOLFRXTXHDRVHLQVFUHYHUHWHQWDUYDJD
HPVHXVHJXQGRFRQFXUVRRSWRXSRUXVDUDFRWDGHFLGDGmQHJUD3RUWHUXPDERDTXDOLILFDomR
FRQVHJXLXSDVVDUQDVGXDVOLVWDJHQVQDJHUDOHQDVFRWDV3DUDQmRXVDUDFRWDGHRXWUDSHVVRD
RSWRX SHOD OLVWD JHUDO 1D RFDVLmR 7DWLDQH GLVVH TXH R XVR GH FRWDV QR FRQFXUVR QmR p XP
SURFHVVR VLPSOHV HP TXH R LQGLYtGXR DSHQDV DVVLQDOD XPD SRVVLELOLGDGH GH FRUUDoDHWQLD H
DSUHVHQWD XPD IRWR SRLV R SURFHVVRGH VHOHomR LQFOXL XPD HQWUHYLVWD IHLWD QD FDSLWDOFRP RV
FDQGLGDWRV TXH RSWDUDP SRU XVDU R VLVWHPD GH FRWDV VHQGR HQWUHYLVWDGRV SRU WUrV
UHSUHVHQWDQWHVXPGRHVWDGRXPGDHWQLDLQGtJHQDHRXWURGDHWQLDQHJUD6RPHQWHDSyVVHUHP
LGHQWLILFDGRVHDFHLWRVQDHQWUHYLVWDpTXHRVFDQGLGDWRVSRGHPXVDURVLVWHPDGHFRWDV
ϮϰϮ
TXLO{PHWURV GH HVWUDGD GH FKmR DJUDYDGR HP pSRFDV GH FKXYD H SHOR
GHVFRQIRUWRGRWUDQVSRUWHHP{QLEXVFLUFXODU
$VGLILFXOGDGHVQmRVHOLPLWDPQDIDOWDGHORJtVWLFDGRLUHYLUSRLVSDUDR
LQJUHVVR p SUHFLVR SDVVDU SRU XP SURFHVVR VHOHWLYR TXH H[LJH SRQWXDomR HP
XPD SURYD SDUD HIHWXDU D PDWUtFXOD$ PDWUL] FXUULFXODU GR ,QVWLWXWR )HGHUDO p
GLIHUHQWH GDV HVFRODV PXQLFLSDLV H HVWDGXDLV$V GLVFLSOLQDV VmR FXUVDGDV SRU
VHPHVWUHV H VH DSUR[LPDP GDV FRQGLo}HV GH RIHUWD GDV XQLYHUVLGDGHV $V
H[LJrQFLDV WDPEpP VmR PDLRUHV TXDQWR DR HQVLQR H D SHVTXLVD WDQWR SDUD
DOXQRVTXDQWRSDUDSURIHVVRUHV
1RPRPHQWRLQLFLDOGDSHVTXLVDSHUtRGRHPTXHUHDOL]HLDVHQWUHYLVWDV
DV DXODV GH +LVWyULD HUDP OHFLRQDGDV SHOD SURIHVVRUD 0DULDQD TXH HVWDYD QR
ILQDOGHVHXFRQWUDWRGHGRLVDQRV2ULXQGDGDFLGDGHGH'RXUDGRV06IRUPRX
VHHP+LVWyULDSHOD8QLYHUVLGDGH)HGHUDOGD*UDQGH'RXUDGRV 8)*' HP
RQGHFRQFOXLXRPHVWUDGRQR3URJUDPDGH3yV*UDGXDomRHP+LVWyULDQRDQR
GH WHQGR FRPR REMHWR GH SHVTXLVD R HQVLQR GH +LVWyULD 5HJLRQDO HP
HVFRODV GRV PXQLFtSLRV GH 1RYD $QGUDGLQD H 'RXUDGRV QR HVWDGR GH 0DWR
*URVVRGR6XO
$VVLP SDUWLFLSDP GR SUHVHQWH WUDEDOKR WUrV GRFHQWHV IRUPDGDV HP
XQLYHUVLGDGHV S~EOLFDV GR HVWDGR GH 0DWR *URVVR GR 6XO TXH HP GLIHUHQWHV
HVSDoRV H FRQWH[WRV SROtWLFRV WUDoDUDP VHXV REMHWLYRV TXDQWR DR HQVLQR GH
+LVWyULD H VmR LPSDFWDGDV QmR DSHQDV SRU VXDV YLYrQFLDV SHVVRDLV PDV
WDPEpP SRU SURMHWRV SROtWLFRV TXH DOWHUDP R FDPSR HGXFDFLRQDO H TXH
SRWHQFLDOL]DPHOLPLWDPRVVDEHUHVHDVSUiWLFDV
2VVXMHLWRVHVXDVSUiWLFDV
2HQVLQRGH+LVWyULDWHPVHGHVSRQWDGRFRPRFDPSRGHSHVTXLVDQDV
OLFHQFLDWXUDVHHPSURJUDPDVGH SyVJUDGXDomR&RPREMHWLYRV GLYHUVRVTXH
SDUWHP GD IRUPDomR GH SURIHVVRUHV H DOFDQoDP jV FRQGLo}HV GH WUDEDOKR
GRFHQWHSHVTXLVDGRUHVWrPYROWDGRVHXVROKDUHVSDUDTXHVW}HVTXHSDUDDOpP
GRVVDEHUHVVXJHUHPFRPSUHHQGHUDVSUiWLFDVGRVVXMHLWRV1DVSHVTXLVDVRV
VDEHUHVSRGHPVHUFRPSUHHQGLGRVFRPRRVGRFXPHQWRVTXHUHJXODPHQWDPR
HQVLQRGH+LVWyULDFRPRFXUUtFXORVOLYURVGLGiWLFRVOHLVHUHJXODPHQWRV$OpP
Ϯϰϯ
Ϯϰϰ
FDGD FXUVR TXH HUD +LVWyULD GD ÈIULFD (X QmR WLYH HVVD
IRUPDomR2TXHHXFRQKHoRpDIUREUDVLOHLURQRVHQWLGRDVVLP
RVDIULFDQRVQDKLVWyULDGR%UDVLOPDVQmRQHFHVVDULDPHQWHQD
+LVWyULDGDÈIULFD '$1,(/(
(P DPERV RV FDVRV D XQLYHUVLGDGH QmR FRQVHJXLX RIHUHFHU XPD
IRUPDomRTXHSXGHVVHVXSULUDQHFHVVLGDGHQDSUiWLFDGRWUDEDOKRGRFHQWH9DOH
FRQVLGHUDU TXH RV SUREOHPDV TXDQWR j IRUPDomR GR SURIHVVRU UHIHUHQWH jV
WHPiWLFDVDPSDUDGDVQD/HLLQLFLDUDPQRPRWLYRGHYHWRSRLVDRVDQFLRQDUD
OHLRSUHVLGHQWH/XtV,QiFLR/XODGD6LOYDYHWRXRDUWLJR$TXHSUHYLDFXUVRV
GH FDSDFLWDomR SDUD RV SURIHVVRUHV FRP D SDUWLFLSDomR H RUJDQL]DomR GR
PRYLPHQWR QHJUR GDV XQLYHUVLGDGHV H GHPDLV LQVWLWXLo}HV TXH SXGHVVHP
FRQWULEXLUFRPDWHPiWLFD1DVUD]}HVGRYHWRH[SOLFDVHTXHQmRHVWiSUHYLVWR
HPQHQKXPDUWLJRGD/'%DSRVVLELOLGDGHGHFDSDFLWDomRSDUDSURIHVVRUHV
1D QDUUDWLYD GDV SURIHVVRUDV p SHUFHSWtYHO XPD SUHRFXSDomR SDUD
LPSODQWDUDGLVFLSOLQD+LVWyULDGDÈIULFDQRVFXUVRVGDOLFHQFLDWXUD(QWUHWDQWRp
SUHFLVRFRPSUHHQGHUTXHFULDUXPDGLVFLSOLQDJHUDXPSURFHVVRGHRUJDQL]DomR
GD JHVWmR H GH GRFHQWHV GDV XQLYHUVLGDGHV TXH VH RSHUD QXP FDPSR GH
LQWHUHVVHVGHiUHDVGD+LVWyULDPXLWDVYH]HVFRPSOH[RVHWHQVRVSDUDFRPSRU
PDWUL]HV FXUULFXODUHV GDV OLFHQFLDWXUDV $ SURIHVVRUD 0DULDQD DR LQIRUPDU
TXDQGRDGLVFLSOLQD+LVWyULDGDÈIULFDSDVVRXDVHURIHUWDGDQRFXUVRGLVVHTXH
HUD XPD GLVFLSOLQD RSWDWLYD 'HVVH PRGR GHYHVH FRQYLU TXH R SURFHVVR GH
LPSODQWDomR GH GLVFLSOLQDV GHPDQGD WHPSR H DUWLFXODo}HV 3RUpP DOJXPDV
GLVFLSOLQDVFRPR+LVWyULDGDÈIULFDVmRGHWHUPLQDQWHVQDIRUPDomRGRVVDEHUHV
H GDV SUiWLFDV GRV SURIHVVRUHV SRLV WUDWDP GH DVVXQWRV LPSRUWDQWHV SDUD RV
GRFHQWHVWUDEDOKDUHPHPDPELHQWHVGHP~OWLSORVDVSHFWRVFXOWXUDLV
$LQGD QR SHUtRGR GD JUDGXDomR DV SURIHVVRUDV UHFRQKHFLDP D
LPSRUWkQFLD GRV HVWXGRV GD KLVWyULD GD ÈIULFD H Mi WLQKDP R FRQKHFLPHQWR GD
REULJDWRULHGDGH GRV FRQWH~GRV SUHYLVWRV QD /HL $ H[HPSOR D
SURIHVVRUD'DQLHOHOHPEURXTXH³KDYLDFRPHQWiULRVVREUHRDVVXQWRIDODYDVH
GDREULJDWRULHGDGHGRHQVLQRQDVHVFRODV´HDSURIHVVRUD0DULDQDDILUPRXTXH
QmRWHYH³DIHOLFLGDGHGHID]HUHVVDGLVFLSOLQDDLQGD´
2GLiORJRFRPGLIHUHQWHVIRQWHVSRVVLELOLWDSHUFHEHUDGLVWkQFLDHQWUHRV
VDEHUHVHDVSUiWLFDV2GRFXPHQWRGDVGLUHWUL]HVSDUDDHGXFDomRGDVUHODo}HV
pWQLFRUDFLDLVFRQVLGHUDVHUXPDDWULEXLomRGRVLVWHPDGHHQVLQRRIHUHFHUFXUVRV
Ϯϰϱ
Ϯϰϲ
Ϯϰϳ
6('06SRURXWURODGRDIDOWDGHPDWHULDOGLGiWLFRWDPEpPpXPSUREOHPD(P
VXDIDODDFHUFDGRVPDWHULDLVHODHVFODUHFH
7 >@VyTXHDVVLPQmRWHPRPDWHULDOGLGiWLFRDtRSURIHVVRU
WHPTXHFRUUHUDWUiV
0 ±$HVFRODQmRWHP"
7 ± 1mR QmR WHP PDV D HVFROD WHP WRGD XPD DEHUWXUD SUD
HVWDUOLEHUDQGRDSRVWLODVSURVDOXQRVHOHVQmRSDJDPDHVFROD
TXHSURYLGHQFLD(HODGiOLEHUGDGHSUDYRFrWUDEDOKDUPXLWRFRP
SHVTXLVD FRP SURGXomR GH PDWHULDO QHVVH VHQWLGR VLP Vy
DVVLPQmRWHPXPPDWHULDOSUpMiHODERUDGR 7$7,$1(
2XVRGDH[SUHVVmRo professor tem que correr atráspPXLWRHPEOHPiWLFR
QR FRWLGLDQR GRV SURIHVVRUHV GH HGXFDomR EiVLFD (P PHLR j H[WUHPD FDUJD
KRUiULD HP VDOD GH DXOD RV SURIHVVRUHV WrP TXH EXVFDU FRQWH~GRV XVDQGR
UHFXUVRV FRPR D LQWHUQHW OLYURV GH DFHUYR SHVVRDO RX GH ELEOLRWHFDV H DWp
PHVPR SURGX]LU PDWHULDLV GLGiWLFRV SDUD VHUHP WUDEDOKDGRV 1HVVH FDVR D
SURIHVVRUDEXVFRXUHVROYHURVSUREOHPDVGHIRUPDSDUWLFXODUHPFRQMXQWRFRP
D FRRUGHQDomR GD HVFROD 'LDQWH GD VLWXDomR GHYHVH FRQVLGHUDU D DEHUWXUD
GDGDSHODJHVWmRHDDXWRQRPLDGDSURIHVVRUD7DWLDQH
1DIDOWDGHPDWHULDLVDSURIHVVRUDXWLOL]DRXWURVPpWRGRVSDUDRHQVLQR
DSUHQGL]DJHP RUJDQL]DQGR MXQWR DRV DOXQRV SHVTXLVDV VREUH WHPiWLFDV
DIULFDQDVHDIUREUDVLOHLUDV2PDWHULDOpDSUHVHQWDGRSHORVDOXQRVHPVDODGH
DXOD SRU PHLR GH VHPLQiULRV H RV GHPDLV VmR RULHQWDGRV D UHJLVWUDUHP RV
FRQWH~GRV TXH VHUmR FREUDGRV HP SURYDV $FHUFD GH VXD PHWRGRORJLD D
SURIHVVRUDH[SOLFD
7 ±7LSRRDOXQRWUDEDOKDUFRPSHVTXLVDHGHSRLVFREUDULVVR
HP SURYD 7HP HVFROD TXH QmR GHL[D p Vy DTXLOR TXH Wi DOL
GLGDWLFDPHQWH QmR DSRVWLOD QmR (X WUDEDOKR PXLWR FRP
VHPLQiULR GH JUXSR H FDGD JUXSR TXH YDL DSUHVHQWDQGR RV
DOXQRV YDL WHQGR TXH ID]HU DQRWDo}HV SRUTXH HX YRX FREUDU R
TXHRVFROHJDVDSUHVHQWDUDP
0 ±$K HQWHQGL (QWmR DTXHOH PDWHULDO TXH p SURGX]LGR HP
VDODGHDXOD
7 ±([DWDPHQWHpFREUDGRSRVWHULRUPHQWH
0 ±eFREUDGRGHSRLV
7 ±(OHVMiVmRDYLVDGRVDQWHVLVVRpEHPDPDUUDGRFRPHOHV
7$7,$1(
'HVVDIRUPDRPDWHULDODFHUFDGDVWHPiWLFDVDIULFDQDVHDIUREUDVLOHLUDV
VmR SURGX]LGRV SHORV DOXQRV VRE RULHQWDomR GD SURIHVVRUD $OpP GD
DSUHVHQWDomR RV DOXQRV GHYHP HQWUHJDU XP PDWHULDO GH SHVTXLVD SDUD D
SURIHVVRUD$PHVPDVHHQFDUUHJDHPVLVWHPDWL]DURVFRQWH~GRVHHODERUDUXPD
Ϯϰϴ
DSRVWLODSDUDRVDOXQRV$VVLPFRPRPDWHULDOL]DomRGRVFRQWH~GRVRVDOXQRV
WHUmRDVSUySULDVDQRWDo}HVGRFDGHUQRHDVDSRVWLODVSURGX]LGDVDSDUWLUGRV
VHPLQiULRV$SURIHVVRUDH[SOLFDTXHDHODERUDomRHSURGXomRGRVPDWHULDLVp
XPDSUiWLFDTXHDFRQWHFHGHVGHRDQRGHLQtFLRGRVHXWUDEDOKRQDHVFROD
HTXHDSURSRVWDpXPDQH[RGR3URMHWR3ROtWLFR3HGDJyJLFR 333
9DOH OHPEUDU TXH LVVR p XPD SUiWLFD TXH FRQVLGHUD D LQWHUDomR HQWUH
DOXQRVHSURIHVVRUDQDSURGXomRGHFRQWH~GR2XWURIDWRUTXHFRUURERUDFRP
VXDPHWRGRORJLDpDDEHUWXUDGDFRRUGHQDomRHPSRVVLELOLWDUQRYDVSUiWLFDVGRV
SURIHVVRUHV TXDQGR VXUJHP LPSOLFDo}HV GH DSUHQGL]DJHP GRV FRQWH~GRV
3RUpPQDVSURGXo}HVGHPDWHULDLVSULQFLSDOPHQWHQDVTXHHQYROYHPRVDOXQRV
pSUHFLVRWHUDWHQomRjVIRQWHVGHSHVTXLVDHQFRQWUDGDVQRWHUULWyULRDEHUWRGD
LQWHUQHW1HVVHFDVRRFXLGDGRGDSURIHVVRUDHPVHOHFLRQDURFRQWH~GRDVHU
HVWXGDGRpXPWUDEDOKRPLQXFLRVRHSULPRUGLDO
$ SURIHVVRUD H[SOLFD TXH WRGR HVVH WUDEDOKR VH Gi SRUTXH RV OLYURV
GLGiWLFRVQmRDEUDQJHPRVFRQWH~GRVHYLGHQFLDGRVQRUHIHUHQFLDOFXUULFXODUGD
6('06SDUDR(QVLQR0pGLRHTXHRVUHLQRVDIULFDQRVVmRFRQWH~GRVSUHVHQWHV
QRV OLYURV GLGiWLFRV SDUD R DQR GR (QVLQR 0pGLR H GHILQLGRV FRPR +LVWyULD
$QWLJD
6REUHDGLVSRQLELOLGDGHGHPDWHULDLVGLGiWLFRVSDUDWUDEDOKDUDVWHPiWLFDV
pWQLFDVDSURIHVVRUD0DULDQDTXHOHFLRQRXQR,QVWLWXWR)HGHUDOUHVSRQGHXTXH
$K ([LVWH XP PDWHULDO PDV DGTXLULGR DVVLP D ELEOLRWHFiULD
FRUUHX DWUiV FRQVHJXLX XPD FROHomR QmR p XP DFHUYR
SURSULDPHQWH GLWR e XP OLYUR DTXL XPD UHYLVWD DFROi H R
PDWHULDO TXH HX WUDJR GD PLQKD EDJDJHP WDPEpP GDV RXWUDV
HVFRODV GH SUiWLFDV GH HQVLQR GH RXWURV OXJDUHV TXH GHUDP
FHUWRHIRUDPDSOLFDGDVFRPUHODomRDHVVDWHPiWLFDeRDQR
SDVVDGR QyV WUDEDOKDPRV IRL XP SURMHWR PDLV YROWDGR SDUD D
WHRULD GR TXH SUD GLQkPLFD QyV FXPSULPRV SRUWDQWR D /HL
UHDOL]DQGRSHVTXLVDVHFXOPLQDQGRQDDSUHVHQWDomRGH
VHPLQiULRVHQYROYHQGRDVRXWUDVWXUPDVWDPEpP(VVHDQRMi
2OLYURGLGiWLFRSDUDDVHVFRODVHVWDGXDLVGH1RYD$QGUDGLQDpHVFROKLGRDFDGDWUrVRXTXDWUR
DQRV QXP SURFHVVR TXH HQYROYH WRGRV RV SURILVVLRQDLV VHSDUDGRV SRU iUHD GH HQVLQR 1D
RFDVLmRRVSURIHVVRUHVVmRRULHQWDGRVSHODFRRUGHQDomRDDQDOLVDUHPDVRSo}HVGHPDWHULDLV
GLVSRQLELOL]DGRV SHODV HGLWRUDV 7RGRV VmR FRQYRFDGRV D SDUWLFLSDUHP GH XPD UHXQLmR SDUD
HVFROKDGROLYURTXHVHUmRRVPHVPRVHPWRGDVDVHVFRODVHVWDGXDLVGH1RYD$QGUDGLQD06
&DEHUHVVDOWDUTXHDOJXQVSUREOHPDVSRGHPLPSHGLUTXHROLYURHVFROKLGRIRVVHRHQYLDGRjV
HVFRODV FRPR PRWLYRV GH GHPDQGDV RX SRU QmR HVWDUHP UHJXODPHQWDGRV FRPR R 0(&
HVSHFLILFD6REUHDSURGXomRGRVOLYURVGLGiWLFRVOHU O livro didático como produto comercial
DXWRULDGH0HOLQD/LPD3LQRWWL5HYLVWDGH&LrQFLDV+XPDQDVH6RFLDLV3LWiJRUDVY,,,S
Ϯϰϵ
ϮϱϬ
FRQKHFH 1R %UDVLO GXUDQWH DV ~OWLPDV GpFDGDV PRYLPHQWRV VRFLDLV VH
RUJDQL]DUDPFDGDYH]PDLVHPWRUQRGHUHLYLQGLFDo}HVQRFDPSRHGXFDFLRQDO
DEUDQJHQGR ³TXHVW}HV WDQWR GH FRQWH~GR HVFRODU TXDQWR GH JrQHUR HWQLD
QDFLRQDOLGDGH >@ (VVHV PRYLPHQWRV VmR IRQWHV H DJrQFLDV GH SURGXomR GH
VDEHUHV´ *2+1 S &RPR GHVDILRV VRFLDLV SURS}HVH D
GHPRFUDWL]DomRGRVHVSDoRVS~EOLFRVSRUPHLRGDRUJDQL]DomRGRVPRYLPHQWRV
VRFLDLV DUWLFXODGRV DRV DPELHQWHV HVFRODUHV HP FRQWUDSRVLomR D SURMHWRV
LGHDOL]DGRVQRVJDELQHWHVHSRXFRH[HFXWDGRVHPVDODGHDXOD
1HVWHDUWLJRDVQDUUDWLYDVGDVSURIHVVRUDVHDVLQVWLWXLo}HVHVFRODUHVGR
PXQLFtSLR GH 1RYD $QGUDGLQD IRUDP FRQVLGHUDGDV SDUD VH FRPSUHHQGHU RV
VDEHUHVHRVID]HUHVDFHUFDGDVWHPiWLFDVDIULFDQDVHDIUREUDVLOHLUDVQDFXOWXUD
HVFRODU$VVLPHQWHQGHPRVTXHDFRQVWUXomRGDQDUUDWLYDDSUR[LPDPVHGRTXH
&HUWHDX GHILQLXFRPRSDUWHGDRSHUDomRKLVWRULRJUiILFDTXHRKLVWRULDGRU
GHVHQYROYH DR SHUFHEHU DV UHODo}HV TXH VH HVWDEHOHFHP QR OXJDU RQGH VH
SHVTXLVD1HVVHVHQWLGRDQDUUDWLYDpXPDFRQVWUXomRTXHSDUWHGRXQLYHUVRGH
IRUPDomR GDV SURIHVVRUDV GDV HVSHFLILFLGDGHV GD FXOWXUD HVFRODU H VXD
YDULHGDGHGHVXMHLWRV$TXLFXOWXUDHVFRODUFRQVLVWHQDIRUPDFRPRDVRFLHGDGH
FRQFHEHDHVFRODHQmRVHOLPLWDQGRDRDPELHQWHHVFRODU$HVFRODpFRQILJXUDGD
SHODVRFLHGDGHHDHGXFDomRpXPFDPSRGHGLiORJRHGHH[SHULrQFLDVTXHDEUH
SRVVLELOLGDGHVSDUDDFRQVWUXomRGHQRYRVVXMHLWRV
$QDOLVDU D LPSOHPHQWDomR GD /HL HP 1RYD $QGUDGLQD06
VLJQLILFD FRPSUHHQGHU TXDLV VmR DV QRYDV ILQDOLGDGHV FRQILDGDV j HVFROD
SULQFLSDOPHQWHDRHQVLQRGH+LVWyULD&RQVLGHURTXHDYDQoRVVLJQLILFDWLYRVWHP
VHDOFDQoDGRQRSURFHVVRGHLPSOHPHQWDomRGD/HL2GRFXPHQWRGDVGLUHWUL]HV
SDUD HGXFDomR GDV UHODo}HV pWQLFRUDFLDLV p LPSRUWDQWH SRQWXD DV
UHVSRQVDELOLGDGHV GRV JRYHUQRV IHGHUDLV HVWDGXDLV H PXQLFLSDLV H GHILQH RV
DWRUHVUHVSRQViYHLVSHODLPSOHPHQWDomRHDFRPSDQKDPHQWRGD/HL3RUpPDV
GLILFXOGDGHV GDV SURIHVVRUDV HP WUDEDOKDU R FRQWH~GR DFHUFD GDV WHPiWLFDV
DIULFDQDV H DIUREUDVLOHLUDV HP HVFRODV GR PXQLFtSLR GH 1RYD$QGUDGLQD06
SHUSDVVDPRVSULQFtSLRVEiVLFRVGRHQVLQRFRPRIRUPDomRHPOLFHQFLDWXUDVTXH
QmR FRQWHPSODUDP GLVFLSOLQD FRPR +LVWyULD GD ÈIULFD H D IDOWD GH PDWHULDLV
GLGiWLFRVHVSHFtILFRVSDUDWUDEDOKDUWHPiWLFDVDIULFDQDVHDIUREUDVLOHLUDV
Ϯϱϭ
5HIHUrQFLDV
%/2&+0DUF$SRORJLDGD+LVWyULDRX2ItFLRGH+LVWRULDGRU5LRGH-DQHLUR
-RUJH=DKDU
&(57($80LFKHOGH$HVFULWDGD+LVWyULD7UDG0DULDGH/RXUGHV0HQH]HV±
5LRGH-DQHLUR)RUHQVH8QLYHUVLWiULD
&+(59(/$QGUp+LVWyULDGDVGLVFLSOLQDVHVFRODUHVUHIOH[}HVVREUHXP
FDPSRGHSHVTXLVD7HRULDH(GXFDomR
*2+10DULDGD*OyULD0RYLPHQWRVVRFLDLVSROtWLFDVS~EOLFDVHHGXFDomR,Q
$/0(,'$0DULDGH/RXUGHV3LQWRGH-(=,1((GLQHLGH RUJV (GXFDomRH
PRYLPHQWRVVRFLDLVQRYRVROKDUHVHG&DPSLQDV63(GLWRUD$OtQHD
S
*20(6/LQR1LOPD5HODo}HVpWQLFRUDFLDLVHGXFDomRHGHVFRORQL]DomRGRV
FXUUtFXORV5HYLVWD&XUUtFXORVHP)URQWHLUDV9ROXPHQSD
-DQ$EUGH
0(,+<-RVp&DUORV6HEH%H6($:5,*+7/HDQGUR0HPyULDVH1DUUDWLYDV
KLVWyULDRUDODSOLFDGD±6mR3DXOR&RQWH[WRS
0217(,52$QD0DULD)&3URIHVVRUHVGHKLVWyULDHQWUHVDEHUHVHSUiWLFDV
±5LRGH-DQHLUR0DXDG;
BBBBBBBB$QD0DULD)&1DUUDWLYDHQDUUDGRUHVQRHQVLQRGHKLVWyULD,Q
0217(,52$QD0DULD)&*$63$5(//2$UOHWWH0HGHLURV0$*$/+(6
0DUFHORGH6RX]D 2UJV (QVLQRGHKLVWyULDVXMHLWRVVDEHUHVHSUiWLFDV±
5LRGH-DQHLUR0DXDG;)$3(5-
6$17266DOHV$XJXVWRGRV$OHLQFRPRIUXWRGDOXWDDQWLUDFLVWD
GR0RYLPHQWR1HJUR,Q6HFUHWDULDGH(GXFDomR&RQWLQXDGD$OIDEHWL]DomRH
'LYHUVLGDGH(GXFDomRDQWLUDFLVWDFDPLQKRVDEHUWRVSHOD/HL)HGHUDOQ
±%UDVtOLD0LQLVWpULRGD(GXFDomR6HFUHWDULDGH(GXFDomR
&RQWLQXDGD$OIDEHWL]DomRH'LYHUVLGDGHSD
92/'0$1'DQLqOH$LQYHQomRGRGHSRLPHQWRRUDO,Q$0$'2-DQDtQD
)(55(,5$0DULHWDGH0RUDHV 2UJV 8VRVHDEXVRVGD+LVWyULD2UDOHG
±5LRGH-DQHLUR(GLWRUD)*9
)RQWH
'LJLWDLVHRUDLV
%5$6,//HLQGHGHMDQHLURGH$OWHUDD/HLQRGHGH
GH]HPEURGHTXHHVWDEHOHFHDVGLUHWUL]HVHEDVHVGDHGXFDomRQDFLRQDO
SDUDLQFOXLUQRFXUUtFXORRILFLDOGD5HGHGH(QVLQRDREULJDWRULHGDGHGD
WHPiWLFD+LVWyULDH&XOWXUD$IUR%UDVLOHLUDHGiRXWUDVSURYLGrQFLDV'LiULR
2ILFLDO>GD@5HS~EOLFD)HGHUDWLYDGR%UDVLO%UDVtOLD')MDQ
ϮϱϮ
BBBBBBB'LUHWUL]HV&XUULFXODUHV1DFLRQDLVSDUD(GXFDomRGDV5HODo}HV
eWQLFR5DFLDLVHSDUDRHQVLQRGH+LVWyULDH&XOWXUD$IUREUDVLOHLUDHDIULFDQD
%UDVtOLD±')
0DULDQDQDVFHXHP'RXUDGRV06QRGLDGHDJRVWRGHIRL
HQWUHYLVWDGDHPVXDUHVLGrQFLDQRPrVGHGH]HPEURGHQRPXQLFtSLRGH
1RYD$QGUDGLQD067HPSRGHGXUDomRGDHQWUHYLVWDVmRPLQXWRVH
VHJXQGRV6XSRUWHGHJUDYDomRGLJLWDO7RWDOGHSiJLQDVWUDQVFULWDV
7DWLDQHQDVFHXHP&RUXPEi06QRGLDGHIHYHUHLURGHIRL
HQWUHYLVWDGDQD(VFROD(VWDGXDOQRPrVGHGH]HPEURGHQRPXQLFtSLR
GH1RYD$QGUDGLQD067HPSRGHGXUDomRGDHQWUHYLVWDPLQXWRVH
VHJXQGRV6XSRUWHGHJUDYDomRGLJLWDO7RWDOGHSiJLQDVWUDQVFULWDV
'DQLHOHQDVFHXHP,YLQKHPD06QRGLDGHIHYHUHLURGHIRL
HQWUHYLVWDGDQD(VFROD0XQLFLSDOQRPrVGHGH]HPEURGHQRPXQLFtSLR
GH1RYD$QGUDGLQD067HPSRGHGXUDomRGDHQWUHYLVWDPLQXWRVH
VHJXQGRV7RWDOGHSiJLQDVWUDQVFULWDV
Ϯϱϯ
$63(&726(',0(16®(61$e7,&$'$'2&Ç1&,$
0pULV1HOLWD)DXWK%HUWLQ
,QWURGXomR
$WHPiWLFDpWLFDGRFHQWHpXPGRVILRVFRQGXWRUHVGRGLVFXUVRSROtWLFR
SHGDJyJLFR GH )UHLUH $V SUHRFXSDo}HV FRP D IRUPDomR D WROHUkQFLD R
FRPSURPLVVRGHWUDQVIRUPDomRVRFLRSROtWLFRHDFRPSHWrQFLDSURILVVLRQDOGmRD
W{QLFDGRVHXGLVFXUVR
$VVLVWLPRVQRV~OWLPRVDQRVGHVGHRPHQRVSUH]RSHORSURFHVVR
GHPRFUiWLFR SHOD HGXFDomR H SHOD FLrQFLD 3RU HVWH FRQWH[WR KLVWyULFR WmR
PDUFDGRSHORQHROLEHUDOLVPRDVDo}HVGHHVWXGDUSHVTXLVDUHDJLUHPSUROGR
KXPDQLVPR H GR FRQKHFLPHQWR FLHQWtILFR VH WRUQDUDP DWRV GH UHVLVWrQFLD XP
PHLRGHEXVFDUXPDVRFLHGDGHPDLVMXVWD
3UHWHQGHPRV QHVWH WUDEDOKR UHIOHWLU H GHVWDFDU FRPR 3DXOR )UHLUH
UHODFLRQD D pWLFD FRPR HOHPHQWR LPSRUWDQWH QD IRUPDomR LQLFLDO GR SURIHVVRU
SDUDHOHQmRKiSURFHVVRGHKXPDQL]DomRTXHVHVXVWHQWHVHPDpWLFDHQHVVH
VHQWLGRHOHVLWXDDpWLFDQRFDPSRHGXFDFLRQDO6HUpWLFRSDUD HOHpSRUWDQWR
KXPDQL]DUVH
1D SULPHLUD VHomR DSUHVHQWDUHPRV TXHP p 3DXOR )UHLUH SRUTXH IRL
H[LODGRHRQGHDWXRXSURILVVLRQDOPHQWH1DVHJXQGDVHomRPRVWUDUHPRVXP
SRXFR GR TXH IRL D SHGDJRJLD GR RSULPLGR H VHXV DSRQWDPHQWRV SDUD D
HGXFDomRHQDWHUFHLUDVHomRTXDOpDGLPHQVmRpWLFDGDWHRULDGH3DXOR)UHLUH
SDUDDIRUPDomRpWLFDGHSURIHVVRUHVLQFOXLQGRDHVFXWDRGLiORJRDUHIOH[mR
HDSUi[LVFRPRIXQGDPHQWRGHVVDGLPHQVmR
$HVFROKDGRDXWRUVHGHXSRUTXHHOHpXPGRVUHIHUHQFLDLVWHyULFRVTXH
XVDUHLQDPLQKDWHVHTXHWHPFRPRWHPD³$pWLFDQDVSROtWLFDVHSUiWLFDVGH
'RXWRUDQGD HP (GXFDomR SHOD 8(3* ± 8QLYHUVLGDGH (VWDGXDO GH 3RQWD *URVVD
0HVWUHHP+LVWyULDSHOD8(3* (VSHFLDOLVWDHP3VLFRSHGDJRJLD&OtQLFDH,QVWLWXFLRQDO
SHOR ,%3(; ,QVWLWXWR %UDVLOHLUR GH 3yV*UDGXDomR H ([WHQVmR *UDGXDGD HP
/LFHQFLDWXUDHP+LVWyULDSHOD8(/8QLYHUVLGDGH(VWDGXDOGH/RQGULQD 3URIHVVRUD
GH+LVWyULDGR(QVLQR)XQGDPHQWDO,,HSVLFRSHGDJRJDPHULVQHOLWD#\DKRRFRPEU
*RYHUQRGH
Ϯϱϰ
IRUPDomRLQLFLDOSDUDDGRFrQFLDHP+LVWyULD´0XLWRVPRWLYRVIL]HUDPFRPTXH
HXHVFROKHVVHWUDEDOKDUDpWLFDQDGRFrQFLDHPPLQKDWHVHSRLVQRPHVWUDGR
PHXWHPDHUDDHGXFDomRpWQLFRUDFLDO2SULPHLURGHOHVIRLTXDQGRFRQKHFLR
SURIHVVRU-HIIHUVRQ0DLQDUGHVDJRUDPHXRULHQWDGRUHHQWUHXPDFRQYHUVDH
RXWUDDQWHVGDSDQGHPLDHOHPHLQGLFRXDOHLWXUDGROLYUR³eWLFDQD3HVTXLVDHP
(GXFDomR´ DFKHL LQWHUHVVDQWH H HVWUDQKHL QXQFD WHU WLGR HVVD GLVFXVVmR QD
PLQKD IRUPDomR 'HSRLV QR ILQDO GH IL] SDUWH GH XPD GLVFXVVmR VREUH
&RPSURPLVVRV pWLFRV GD GRFrQFLD HP +LVWyULD H FRPHFHL D LQWHJUDU XPD
FRPLVVmRGHHVWXGRVVREUHHVVHDVVXQWRTXHSHUGXUDDWpKRMHFRPUHXQL}HV
TXLQ]HQDLVGHOHLWXUDVHGLVFXVV}HV
2XWUR IDWRU SUHSRQGHUDQWH IRL R IDWR GH FRWLGLDQDPHQWH SUHVHQFLDU R
VLOHQFLDPHQWR GRV HGXFDGRUHV H GDV HVFRODV TXDQWR D WHPDV HVVHQFLDLV SDUD
IRUPDUVXMHLWRVFUtWLFRVTXHVHSUHRFXSHPFRPDWUDQVIRUPDomRGHXPPXQGR
PHOKRU ( WDPEpP SRU SUHVHQFLDU YiULRV SUREOHPDV LQWHUSHVVRDLV H GH JUXSR
VHMDHQWUHFROHJDVGHSURILVVmRVHMDHQWUHGRFHQWHGLVFHQWHHHQWUHHVVHVHDV
LQVWLWXLo}HVGHHQVLQREiVLFRHVXSHULRU
4XHPp3DXOR)UHLUH"
3RGHPRVGL]HUVHPULVFRGHHUUDUTXH3DXOR)UHLUHpXPGRVJUDQGHV
SHGDJRJRVQmRVyQR%UDVLOPDVWDPEpPQRPXQGRLQWHLUR$TXHVWmRFHQWUDO
GH VXDV REUDV p D KXPDQL]DomR SRUWDQWR FRQFHLWRV FRPR pWLFD OLEHUGDGH
WROHUkQFLDDXWRQRPLDHFRQVFLHQWL]DomRSHUSDVVDPDVREUDVGRDXWRU0HVPR
TXH VXDV LGHLDV H SUiWLFDV WHQKDP VRIULGR FUtWLFDV DV PDLV GLYHUVDV p
LQGLVSHQViYHOFRQVLGHUDUDIHFXQGDFRQWULEXLomRTXHGHXjHGXFDomRSRSXODU
3DXOR )UHLUH IRL XP SHUQDPEXFDQR GH IRUPDomR
FDWyOLFRSURJUHVVLVWDHKRMHFLGDGmRGRPXQGRTXHGHGLFRXD
PDLRUSDUWHGHVXDYLGDDFRPEDWHUSHODHGXFDomRGRVH[FOXtGRV
GD HGXFDomR VLVWHPiWLFD FRQWUD D HGXFDomR H[FOXGHQWH H
HOLWLVWD 5HDOL]RX XPD YDVWD REUD FRPSRVWD SRU GH]HQDV GH
OLYURV DOpP GH WH[WRV DUWLJRV VHPLQiULRV FRQIHUrQFLDV HWF
,QIOXHQFLRXJUDQGHQ~PHURGHHGXFDGRUHVHSHVTXLVDGRUHVHP
WRGRRPXQGRFRQVWDQGRFDWDORJDGDVPDLVGHPLOSXEOLFDo}HV
TXHWrPDVVXDVLGHLDVHDSUiWLFDGHODVFRPRUHIHUrQFLDGLUHWD
6&2&8*/,$S
$VSULPHLUDVH[SHULrQFLDVHGXFDFLRQDLVGH3DXOR)UHLUHIRUDPHP
HP$QJLFRV5LR*UDQGHGR1RUWHRQGHWUDEDOKDGRUHVDSUHQGHUDPDOHUHP
Ϯϱϱ
GLDV(VVHUHVXOWDGRJHURXJUDQGHLPSDFWRHRJRYHUQRGH5HFLIHQDpSRFD
VHLQWHUHVVRXHDXWRUL]RXRWUDEDOKRQDVIDYHODVGH5HFLIH'HSRLVIRLFRQYRFDGR
SHORJRYHUQRIHGHUDOHPRWLYDGRSRUYiULRVPRYLPHQWRVGHFXOWXUDHHGXFDomR
IRLFRRUGHQDUR3ODQR1DFLRQDOGH$OIDEHWL]DomR 31$ QRVHJXQGRVHPHVWUHGH
(VVHSODQRSUHYLDDIRUPDomRGHPLO³FtUFXORVGHFXOWXUD´FRPLQWXLWR
GHDOIDEHWL]DUPLOK}HVGHDGXOWRVHPXPDQR
&RPRJROSHFLYLOPLOLWDUGH3DXOR)UHLUHpSUHVRH[LODGRHUHWRUQD
DR %UDVLO VRPHQWH FRP D $QLVWLD HP 6XD SURGXomR QR H[tOLR VH WRUQD
YROXPRVDGHQVDHRID]FRQKHFLGRLQWHUQDFLRQDOPHQWH
2V VHWRUHV SURJUHVVLVWDV H GH HVTXHUGD DSRVWDUDP WRGDV DV
VXDV ILFKDV QR 31$ LQFOXVLYH *RXODUW R 3DUWLGR &RPXQLVWD
%UDVLOHLUR 3&% HVHWRUHVGDLJUHMDFDWyOLFD2VFRQVHUYDGRUHV
DQWLSRSXOLVWDV H DV IRUoDV GH GLUHLWD FLYLV H PLOLWDUHV VHQWLUDP
DPHDoDGDVVXDVSRVLo}HVHSULYLOpJLRVHDVVLPUHDJLUDP$SyV
RJROSHFLYLOPLOLWDUGHDEULOGHR31$HDVHQWLGDGHVTXH
XWLOL]DYDPR³0pWRGR´IRUDPH[WLQWDV 6&2&8*/,$S
,QLFLDOPHQWH DSyV R H[tOLR UHVLGL QR &KLOH RQGH DMXGD QD VXSHUDomR GR
DQDOIDEHWLVPR GR SDtV H HVFUHYH (GXFDomR FRP SUiWLFD GD OLEHUGDGH 'HSRLV
QRV(8$WUDEDOKDHP+DUYDUGHHVFUHYHXPLPSRUWDQWHOLYUR$omRFXOWXUDOSDUD
DOLEHUGDGHHRXWURVHVFULWRV(P*HQHEUDQD6XtoDMXQWRFRPRXWURVEUDVLOHLURV
H[LODGRV IRUPD R ,'$& ,QVWLWXWR GH $omR &XOWXUDO TXH FRODERURX FRP
PRYLPHQWRVGHHGXFDomRHPYiULRVSDtVHVHPSUROGDHGXFDomRRSHUiULDHGH
PXOKHUHV
)RL HP WRUQR GD SUi[LV pWLFD H GHPRFUiWLFD GH )UHLUH HP IDYRU
SULQFLSDOPHQWHGRVPDLVQHFHVVLWDGRVTXHRVHXOHJDGRHH[HPSORFRQWLQXDP
LQVSLUDQGRGRFHQWHVHSHQVDGRUHV6XDVREUDVSRGHPVHUOHYDGDVDWRGDVDV
LQVWkQFLDVSHVTXLVDGDVHP(GXFDomRSRUTXHRVGLUHLWRVGHWRGRVQyVPDLVGR
TXHUHVSHLWDGRVGHYHPVHUFRQTXLVWDGRV
$SHGDJRJLDGRRSULPLGR
3DXOR )UHLUH DSRQWD TXH YLYHPRV HP XPD VRFLHGDGH GHVLJXDO H
H[FOXGHQWH GLYLGLGD HP FODVVHV RQGH Ki SRXFDV RSRUWXQLGDGHV SDUD TXHP
QDVFH QXPD IDPtOLD VHP UHFXUVRV ILQDQFHLURV 2V SULYLOpJLRV GH SRXFRV
VXUUXSLDPDVFKDQFHVGHPXLWRV
Ϯϱϲ
(VVD IDOWD GH RSRUWXQLGDGHV VH Gi WDPEpP SHOD YLD GD (GXFDomRVHP
DFHVVR D HOD R VHU KXPDQR VH GHVXPDQL]D H ILFD VXEPLVVR j YLROrQFLD GRV
RSUHVVRUHV3DUD3DXOR)UHLUHDKXPDQL]DomRpD³YRFDomRQHJDGDQDLQMXVWLoD
QDRSUHVVmRQDYLROrQFLDGRVRSUHVVRUHV0DVDILUPDGDQRDQVHLRGDOLEHUGDGH
GHMXVWLoDGHOXWDGRVRSULPLGRVSHODUHFXSHUDomRGHVXDKXPDQLGDGHURXEDGD´
)5(,5(S
'LDQWH GLVVR R DXWRU VH UHSRUWD D GRLV WLSRV GH SHGDJRJLD D GRV
GRPLQDQWHV H D GR RSULPLGR $ SHGDJRJLD GRV GRPLQDQWHV p D SUiWLFD GD
GRPLQDomRHDGRRSULPLGRDLQGDDVHUUHDOL]DGDpDHGXFDomRFRPRSUiWLFDGD
OLEHUGDGH3DXOR)UHLUHFRQVLGHUDFRPRSRQWRGHSDUWLGDXPSURFHVVRHGXFDWLYR
SDUDD³UHYROXomRGDUHDOLGDGHRSUHVVRUD´SDUDDVXSUHVVmRGD³FRQVFLrQFLDGR
RSUHVVRULQWURMHWDGDQRRSULPLGR´DWUDYpVGRGLiORJRSROtWLFR
2LQWHUHVVDQWHpTXHSDUD)UHLUHQmRpIiFLOLPSODQWDUXPDHGXFDomRSDUD
DOLEHUWDomRSRLVDOJXPDVYH]HVRRSULPLGR³KRVSHGD´RRSUHVVRUGHQWURGHVL
DFHLWDQGRDVXDFRQGLomRMXVWLILFDQGRRSRGHUGRRSUHVVRUVHMDSHODIpRXSHOD
PiVRUWHHIDQWDVLDQGRVHUFRPRRRSUHVVRU
2 JUDQGH SUREOHPD HVWi HP FRPR SRGHUmR RV RSULPLGRV TXH
³KRVSHGDP´R RSUHVVRU HP VL SDUWLFLSDU GD HODERUDomR FRPR
VHUHV GXSORV LQXWrQWLFRV GD SHGDJRJLD GH VXD OLEHUWDomR
6RPHQWH QD PHGLGD HP TXH VH GHVFXEUDP ³KRVSHGHLURV´GR
RSUHVVRU SRGHUmR FRQWULEXLU SDUD R SDUWHMDPHQWR GH VXD
SHGDJRJLDOLEHUWDGRUD )5(,5(S
3RU RXWUR ODGR RV GRPLQDQWHV DFKDP QDWXUDO D VXD VXSHULRULGDGH
MXVWLILFDQGRD DWUDYpV GD PRUDO H GR GLVFXUVR PHULWRFUDWD 'D PHVPD IRUPD
H[SOLFDP D FRQGLomR GRV RSULPLGRV FRPR IDOWD GH FDSDFLGDGH GH HVStULWR
HPSUHHQGHGRUHQmRIDOWDGHDFHVVRjHGXFDomR7DPEpPSDUD)UHLUHTXDQGR
RVRSUHVVRUHVID]HPFDULGDGHVHDFKDPJHQHURVRV
(PVXPDRPRYLPHQWRGHOLEHUWDomRGHYHUiSDUWLUGRVSUySULRVRSULPLGRV
FXMDSHGDJRJLD³WHPTXHVHUIRUMDGDFRPHOHHQmRSDUDHOHHQTXDQWRKRPHQV
RX SRYRV QD OXWD LQFHVVDQWH GH UHFXSHUDomR GD VXD KXPDQLGDGH´ )5(,5(
S
(QIDWL]DPRVTXHRDXWRUSURS}HXPDHGXFDomRGHFRQVFLHQWL]DomRHGH
SROLWL]DomRQmREDVWDTXHRRSULPLGRWHQKDFRQVFLrQFLDFUtWLFDGDRSUHVVmRPDV
pQHFHVViULRTXHHOHWUDQVIRUPHHVVDUHDOLGDGH³$SUi[LVSRUpPpUHIOH[mRH
Ϯϱϳ
DomRGRVKRPHQVVREUHRPXQGRSDUDWUDQVIRUPiOR6HPHODpLPSRVVtYHOD
VXSHUDomRGDFRQWUDGLomRRSUHVVRURSULPLGRV´ )5(,5(S
eWLFDQDGRFrQFLD
2VOLYURVEducação como prática da liberdadePedagogia da autonomia
HPedagogia do oprimidoQRVWUD]HPXPDSHGDJRJLDUREXVWDGDVQHFHVVLGDGHV
HYDORUHVGRVPDLVQHFHVVLWDGRVRQGHDGLPHQVmRpWLFDpRIRFRSULQFLSDOSRLV
RQGH KRXYHU RSULPLGRV D WHRULD GH 3DXOR )UHLUH HVWi SUHVHQWH FRPSURPHWLGD
FRPDSUi[LV
$VVLPFRPRQRDWRGDFRQVWUXomRGHFRQKHFLPHQWRTXDOTXHUDERUGDJHP
WHyULFD H[SOLFLWD XPD SHUVSHFWLYD pWLFRRQWRHSLVWHPRORJLFD TXH SRGH HVWDU
DVVRFLDGD j GLIHUHQWHV SHUVSHFWLYDV WHyULFDV $ pWLFD QmR HVWi VHSDUDGD GD
RQWRORJLD H GD HSLVWHPRORJLD SRUWDQWR D 7$6 WUDQVIRUPDWLYH DFWLYLVW VWDQFH
SRVLFLRQDPHQWRDWLYLVWDWUDQVIRUPDGRU GH$QD6WHWVHQNRDTXDOXWLOL]DUHLQD
WHVH HVWi HP FRQVRQkQFLD FRP D WHRULD GH 3DXOR )UHLUH SRLV WUDWDP FRPR
TXHVWmRFHQWUDODKXPDQL]DomRDMXVWLoDVRFLDODWUDQVIRUPDomRVRFLDODSUi[LV
HDSUiWLFDVRFLDO
1DV REUDV GH 3DXOR )UHLUH D SHUVSHFWLYD pWLFD YHP DQWHV GH TXDOTXHU
RXWURFRQFHLWRLPSRUWDQWHTXHHOHHVERoDDSHVDUGHOHSRVLFLRQDUDpWLFDFRPR
XPD GLPHQVmR LPSRUWDQWH SDUD HQVLQDU XPD OHLWXUD PDLV DWHQWD GH VXD REUD
PRVWUDTXHHVWHWHPDQmRHVWiSUHVHQWHDSHQDVQRGRPtQLRGRHGXFDGRUPDV
WDPEpPQDVXDYLVmRGHHGXFDomR
$pWLFDGHTXHIDORpDTXHVHVDEHDIURQWDGDQDPDQLIHVWDomR
GLVFULPLQDWyULDGDUDoDGHJrQHURGHFODVVHeSRUHVVDpWLFD
LQVHSDUiYHOGD SUiWLFD HGXFDWLYDQmR LPSRUWD VH WUDEDOKDUPRV
FRP FULDQoDV MRYHQV RX FRP DGXOWRV TXH GHYHPRV OXWDU ( D
PHOKRU PDQHLUD GH OXWDU SRU HOD p YLYHOD HP QRVVD SUiWLFD p
WHVWHPXQKiODYLYD] )5(,5(S
2SURFHVVRGHWUDQVIRUPDomRQDHGXFDomRSDUD3DXOR)UHLUHFRQFUHWL]D
VHQDSUi[LVDWUDYpVGDUHODomRGLDOyJLFDGDHVFXWDGRTXHVWLRQDPHQWRRQGH
23RVLFLRQDPHQWR$WLYLVWD7UDQVIRUPDGRU 3$7 XPDDERUGDJHPWHyULFDGHVHQYROYLGDSRU$QD
6WHWVHQNR VXJHUH TXH XPD SRVLomR DWLYLVWD FRPSURPHWLGD FRP EDVH HP XP REMHWLYR RX XP
GHVWLQRFODURVHUYHFRPRSRQWRGHSDUWLGDGHTXDOTXHUDWLYLGDGHLQFOXLQGRDWLYLGDGHVGHSHVTXLVD
HGXFDFLRQDOHSURGXomRGHFRQKHFLPHQWRV³7RGRVRVVHUHVKXPDQRVLQFOXLQGRSHVTXLVDGRUHV
SRUVHUHPKXPDQRVVHPSUHDJHPEDVHDGRVHPVXDVDJHQGDVHYLV}HVGHIXWXURTXHFDUUHJDP
VLVWHPDVGHYDORUHVHGHRULHQWDo}HVpWLFRSROtWLFDV´ 67(76(1.2S
³ UHODomRGLDOyJLFDHPTXHVHFRQILJXUDFRPRLQTXLHWDomRHFXULRVLGDGHFRPRLQFRQFOXVmR
HPSHUPDQHQWHPRYLPHQWRQD+LVWyULD´ )5(,5(S
Ϯϱϴ
RHVWXGDQWHpRSURWDJRQLVWDGDVXDDSUHQGL]DJHP3RUWDQWRMiQDGpFDGDGH
R DXWRU HVFUHYLD TXH D SHGDJRJLD GRPLQDQWH p EDVHDGD QD FRQFHSomR
³EDQFiULD´ GD HGXFDomR TXH p HVVHQFLDOPHQWH GLVVHUWDWLYD RX QDUUDWLYD
³1DUUDomRGHFRQWH~GRVTXHSRULVWRPHVPRWHQGHPDSHWULILFDUVHRXDID]HU
VH DOJR TXDVH PRUWR VHMDP YDORUHV RX GLPHQV}HV FRQFUHWDV GD UHDOLGDGH
1DUUDomR RX GLVVHUWDomR TXH LPSOLFD XP VXMHLWR ± R QDUUDGRU ± H REMHWRV
SDFLHQWHVRXYLQWHV±RVHGXFDQGRV´ )5(,5(S
)UHLUH GHQXQFLD D PHPRUL]DomR PHFkQLFD RQGH R HGXFDQGR SUHFLVD
PHPRUL]DURFRQWH~GRHQmRUHIOHWLUVREUHHOHWRUQDQGRRSDVVLYR&RPLVVRD
FRQFHSomR³EDQFiULD´GHHGXFDomRID]FRPTXHRRSULPLGRDFRPRGHRRSUHVVRU
SRUWDQWRFRQILJXUDVHDHGXFDomRFRPRSUiWLFDGDGRPLQDomR
2 DXWRU GHIHQGH D FRQFHSomR SUREOHPDWL]DGRUD H OLEHUWDGRUD GD
HGXFDomRDTXDOEDVHLDVHHPXPDFRPSUHHQVmRGDFRQVFLrQFLDHGRPXQGR
WtSLFD GD IHQRPHQRORJLD 6RE WDO SHUVSHFWLYD SUREOHPDWL]DGRUD H OLEHUWDGRUD
FRQKHFHUQmRpVRPHQWHDWUDQVIHUrQFLDGHFRQWH~GRVPDVXPSURFHVVRTXH
VH ID] DWUDYpV GD HVFXWD GR GLiORJR GD WURFD HQWUH VHUHV KXPDQRV FRP D
UHDOLGDGHYLYLGDVRPHQWHGHSRLVYHPDUHIOH[mRHDSUi[LV(VWDDERUGDJHPp
GLQkPLFDHHVWiHPLQLQWHUUXSWDWUDQVIRUPDomR
$ FRQVFLHQWL]DomR SDUD )UHLUH VH Gi DWUDYpV GD SDVVDJHP GD
FRQVFLHQWL]DomR LQJrQXD SDUD D FRQVFLHQWL]DomR FUtWLFD RQGH R LQGLYtGXR
DSUHQGHDSHQVDUDUHDOLGDGHDWUDYpVGD³UHODomRGLDOyJLFD´2GLiORJRVXS}HV
XPDWURFD HVFXWDIDOD QmRXPDLPSRVLomR(VVHSURFHVVRFRPHoDULDFRPD
LQYHVWLJDomR WHPiWLFD PRWLYDU RV HVWXGDQWHV WHPDWL]DomR VLJQLILFDGR
³$WHRULDGRIHQRPHQDOLVPRQDIRUPDGHVHQYROYLGDSRU.DQW3RGHPRVDSUHVHQWDUVHXQ~FOHR
SRU PHLR GH WUrV SURSRVLo}HV $ FRLVDHPVL p LQFRJQRVFtYHO 1RVVR FRQKHFLPHQWR HVWi
OLPLWDGRDRPXQGRIHQRPrQLFR(VVHPXQGRVXUJHQDPLQKDFRQVFLrQFLDSRUTXHRUGHQDPRV
HSURFHVVDPRVRPDWHULDOVHQVtYHOVHJXQGRDVIRUPDVDSULRULGDLQWXLomRHGRFRQKHFLPHQWR´
+(66(1S
$ FRQVFLrQFLD FUtWLFD ³p D UHSUHVHQWDomR GDV FRLVDV H GRV IDWRV FRPR VH GmR QD H[LVWrQFLD
HPStULFD 1DV VXDV FRUUHODo}HV FDXVDLV H FLUFXQVWDQFLDLV´ ³$ FRQVFLrQFLD LQJrQXD SHOR
FRQWUiULR VHFUrVXSHULRUDRVIDWRVGRPLQDQGRRVGHIRUDHSRULVVRVHMXOJDOLYUHSDUDHQWHQGr
ORVFRQIRUPHPHOKRUOKHDJUDGDU´ )5(,5(S
³6RPHQWHRGLiORJRTXHLPSOLFDXPSHQVDUFUtWLFRpFDSD]WDPEpPGHJHUiOR6HPHOHQmR
Ki FRPXQLFDomR H VHP HVWD QmR Ki YHUGDGHLUD HGXFDomR$ TXH RSHUDQGR D VXSHUDomR GD
FRQWUDGLomRHGXFDGRUHGXFDQGRVVHLQVWDXUDFRPRVLWXDomRJQRVLROyJLFDHPTXHRVVXMHLWRV
LQFLGHPVHXDWRFRJQRVFHQWHVREUHRREMHWRFRJQRVFtYHOTXHRVPHGLDWL]D´ )5(,5(S
Ϯϱϵ
FRGLILFDomRGHFRGLILFDomRHSRUILPSUREOHPDWL]DomR(QYROYHULDQmRVRPHQWH
GLVFHQWHVHGRFHQWHVPDVWDPEpPIDPtOLDHFRPXQLGDGH
3RUWDQWR D FRQVFLrQFLD FUtWLFD SDVVD SHOR YLpV GRV FRQIOLWRV HQWUH DV
FODVVHVVRFLDLVDHGXFDomRVHULDXPGRVSLODUHVTXHVHUYLULDDRVXMHLWRVHOLEHUWDU
GR VLVWHPD FDSLWDOLVWD RX SHOR PHQRV HQWHQGrOR DWUDYpV GD WRPDGD GH
FRQVFLrQFLDFROHWLYDSDUDUHFRQKHFHUDGHVLJXDOGDGH
( p DTXL TXH TXHUHPRV FKHJDU R FRQKHFLPHQWR TXH GHULYD GHVVH
SURFHVVR p FUtWLFR YLQGR GR FRQVWUXWLYLVPR SRLV HQYROYH UHIOH[mR
HQWHQGLPHQWR GD UHDOLGDGH H SRVLFLRQDPHQWR HP UHODomR D HOD 0DV SDUD VH
FKHJDUDRFRQKHFLPHQWRDQWHVpSUHFLVRHVFXWDUHGLDORJDUFRPRIRUPDGHVH
DSURSULDUGRREMHWRDVHUFRQKHFLGR
3RUWDQWR 3DXOR )UHLUH ID] XP FRQYLWH D HGXFDGRUHV H HGXFDQGRV SDUD
OXWDU SRU XPD HGXFDomR pWLFD XPD HGXFDomR TXH QmR YDUUD SDUD GHEDL[R GR
WDSHWH RV FRPSURPLVVRV FRP RV VXMHLWRV HQYROYLGRV QD DSUHQGL]DJHP FRP D
GHPRFUDFLD FRP D GHVFRQVWUXomR GR UDFLVPR FRP R GLUHLWR GRV SRYRV
RULJLQiULRVFRPRGLUHLWRjHGXFDomRFRPRVGLUHLWRVKXPDQRVFRPDDXWRQRPLD
GRFHQWHHFRPRHQYROYLPHQWRGHWRGRVDWHPDVVHQVtYHLVFRPRRIHPLQLFtGLRH
DDSRURIRELD
2 DXWRU QDV WUrV REUDV DFLPD FLWDGDV (GXFDomR FRPR 3UiWLFD GD
OLEHUGDGH3HGDJRJLDGR2SULPLGRH3HGDJRJLDGD$XWRQRPLD FKDPDDDWHQomR
SDUDDpWLFDGDMXVWLoDVHJXQGRDTXDORVXMHLWRTXHDSUHQGHVHMDHOHHGXFDQGR
RX HGXFDGRU SUHFLVD VHU UHVSHLWDGR SRUTXH p QD SULRULGDGH GD pWLFD TXH
IRUPDUHPRVSHVVRDVPHOKRUHVSDUDFRQVWUXLUXPPXQGRPHOKRU2XVHMDQmRp
SRVVtYHOVHUXPERPHGXFDGRUVHPVHUpWLFRSDUD3DXOR)UHLUH
$ SUiWLFD GR GRFHQWH SDUD 3DXOR )UHLUH DSHVDU GDV H[LJrQFLDV
EXURFUiWLFDV GD SURILVVmR GRV FRQIOLWRV HQWUH RV HQYROYLGRV QR SURFHVVR
³ R FRQKHFLPHQWR QmR SRGHULD VHU FRQFHELGR FRPR DOJR SUHGHWHUPLQDGR QDV HVWUXWXUDV
LQWHUQDVGRLQGLYtGXRSRLVUHVXOWDPGHXPDFRQVWUXomRHIHWLYDHFRQWtQXDQHPQRVFDUDFWHUHV
SUHH[LVWHQWHVGRREMHWRSRLVTXHHVWHVVyVmRFRQKHFLGRVJUDoDVjPHGLDomRQHFHVViULDGHVVDV
HVWUXWXUDVHHVWDVHVWUXWXUDVRVHQULTXHFHPHHQTXDGUDP SHORPHQRVVLWXDQGRRVQRFRQMXQWR
GRV SRVVtYHLV (P RXWUDV SDODYUDV WRGR FRQKHFLPHQWR FRPSRUWD XP DVSHFWR GH HODERUDomR
QRYDHRJUDQGHSUREOHPDGDHSLVWHPRORJLDpRGHFRQFLOLDUHVWDFULDomRGHQRYLGDGHVFRPR
GXSORIDWRGHTXHQRWHUUHQRIRUPDOHODVVHDFRPSDQKDPGHQHFHVVLGDGHWmRORJRHODERUDGDV
HGHTXHQRSODQRGRUHDOHODVSHUPLWHP HVmRPHVPRDV~QLFDVDSHUPLWLU DFRQTXLVWDGD
REMHWLYLGDGH´ 3,$*(7S
ϮϲϬ
HGXFDFLRQDOGRQ~PHURGHHVWXGDQWHVHPVDODHGDIDOWDGHUHFRQKHFLPHQWRH
HVWUXWXUD GH WUDEDOKR WHP XP FDUiWHU HPDQFLSDGRU SRLV HOD OHYD RV VXMHLWRV
HQYROYLGRV QR HQVLQR H DSUHQGL]DJHP j OLEHUGDGH e QD OXWD FRQFUHWD GH
HGXFDGRUHVHHGXFDQGRVTXHVHGiRYHUGDGHLURVLJQLILFDGRGHRULHQWDUVHQR
GLDDGLD
(VWD SRVWXUD GH )UHLUH VH HQFRQWUD FRP D GH 6KH\OD 0DFHGR H
$QJHOR&HQFL RQGHDpWLFDSURILVVLRQDOp³XPDUHIOH[mRHPFRQGLo}HVGH
RULHQWDUDVSUiWLFDVGDVSHVVRDVSDUDVHUHPERQVSURILVVLRQDLVHPGXSORVHQWLGR
WHFQLFDPHQWHFRPRFRPSHWHQWHVHPRUDOPHQWHtQWHJURV´ &(1&,S
2V WUrV DXWRUHV )UHLUH 0DFHGR H &HQFL DSRQWDP TXH D FRPSHWrQFLD
WpFQLFD FRQKHFLPHQWR GD PDWpULD FRQKHFLPHQWR SVLFRSHGDJyJLFR H
FRQKHFLPHQWR GLGiWLFR GR FRQWH~GR HVWi DVVRFLDGR FRP D SRVWXUD PRUDO GR
HGXFDGRU
)UHLUH DUJXPHQWD TXH QmR Ki SRVVLELOLGDGH GH GHL[DU GH ODGR D
ULJRURVLGDGH pWLFD QD IRUPDomR GR HGXFDGRU ³*RVWDULD SRU RXWUR ODGR GH
VXEOLQKDUDQyVPHVPRVSURIHVVRUHVHSURIHVVRUDVDQRVVDUHVSRQVDELOLGDGH
pWLFDQRH[HUFtFLRGRFHQWH6XEOLQKDUHVWDUHVSRQVDELOLGDGHLJXDOPHQWHjTXHODV
HjTXHOHVTXHVHDFKDPHPIRUPDomRSDUDH[HUFrOD´ )5(,5(S
$ HGXFDomR p XPD FRPSOH[D SUiWLFD KLVWyULFRVRFLDO H R DXWRU HVWi
FRQYHQFLGRGDQDWXUH]DpWLFDGDSUiWLFDHGXFDWLYDSDUDHOHpIXQGDPHQWDOTXH
RVIXWXURVGRFHQWHV³SHUFHEDPRUHVSHLWRHDOHDOGDGHFRPTXHXPSURIHVVRU
DQDOLVDHFULWLFDDVSRVWXUDVGRVRXWURV´ )5(,5(3
&RQFRUGDPRVFRP)UHLUHDHWLFLGDGHVHPFDLUQRPRUDOLVPRGHYHHVWDU
SUHVHQWHQDIRUPDomRLQLFLDOSRLVRHVFXWDURGLDORJDURUHIOHWLUFULWLFDPHQWHH
DSUiWLFDVmRSUpFRQFHSo}HVLQWLPDPHQWHOLJDGDVDRFRQKHFLPHQWRFRPSHWHQWH
GRGRFHQWH
&RQVLGHUDo}HVILQDLV
$WUDYpVGDOHLWXUDHGHXPDSULPHLUDDQiOLVHIHLWDSRUQyVpSRVVtYHOLQIHULU
TXH D pWLFD QD GRFrQFLD SDUD )UHLUH HQYROYH WUrV IXQGDPHQWRV pWLFRV
FRQVFLHQWL]DomRKXPDQLVPRHDXWRFRQKHFLPHQWR
Ϯϲϭ
ϮϲϮ
GDFRQVSLUDomRUHYLVLRQLVPRKLVWyULFRJOREDOLVPRJXHUUDFXOWXUDOPDQLTXHtVPR
HRXWUDV0DVTXDLVTXHUTXHVHMDPDVFUtWLFDVpLQHJiYHODFRQWULEXLomRGH3DXOR
)UHLUHSDUDDHGXFDomRGHMRYHQVHDGXOWRVHSDUDRVIXQGDPHQWRVGHTXDOTXHU
OLFHQFLDWXUD FRPR SRU H[HPSOR D FRQVFLHQWL]DomR R KXPDQLVPR H R
DXWRFRQKHFLPHQWR FRPR VXVWHQWR SDUD XPD IRUPDomR pWLFD QHFHVViULD GRV
IXWXURVGRFHQWHV(VVHVIXQGDPHQWRVVmRUHTXLVLWRVSDUDRVFRPSURPLVVRVFRP
DDSUHQGL]DJHPFRPDFRPSHWrQFLDFRPRFDUiWHUVRFLRSROtWLFRGDHGXFDomR
FRPRVHQYROYLGRVFRPDDSUHQGL]DJHPHFRPREHPHVWDUGDVRFLHGDGH
5HIHUrQFLDV
$1'(5<0$HWDO3DUD&RPSUHHQGHUD&LrQFLDXPDSHUVSHFWLYDKLVWyULFD
HG5LRGH-DQHLUR(VSDoRH7HPSR6mR3DXOR('8&S
&(1&,$QJHOR9LWyULReWLFDQDSURILVVmRGRFHQWHXQLYHUVLWiULD,Q7(67$
(GLPiUFLR RUJ eWLFDHGXFDomRHPHLRDPELHQWH3DVVR)XQGR(GLWRUD
8QLYHUVLGDGHGH3DVVR)XQGRS±
&2'2:DQGHUOH\2TXHpDOLHQDomR6mR3DXOR%UDVLOLHQVH
)5(,5(3DXOR(GXFDomRFRPRSUiWLFDGHOLEHUGDGH5LRGH-DQHLUR3D]H
7HUUD
BBBBBBBBBBB3HGDJRJLDGDDXWRQRPLDVDEHUHVQHFHVViULRVjSUiWLFD
HGXFDWLYD6mR3DXOR3D]H7HUUD
BBBBBBBBBBB3HGDJRJLDGRRSULPLGR5LRGH-DQHLUR6mR3DXOR3D]H
7HUUD
+(66(1-RKDQQHV7HRULDGRFRQKHFLPHQWR6mR3DXOR0DUWLQV)RQWHV
0$&('26KH\OD0DULD)RQWHQHOH$IRUPDomRpWLFDSURILVVLRQDOGR
SHGDJRJRQDUHDOLGDGHEUDVLOHLUD8PHVWXGRGHFDVR7HVH
'RXWRUDGRHP(GXFDomR ±8QLYHUVLGDGHGH/LVERD/LVERD
3,$*(7-HDQ$HSLVWHPRORJLDJHQpWLFD6DEHGRULDHLOXV}HVGDILORVRILD
3UREOHPDVGHSVLFRORJLDJHQpWLFD-HDQ3LDJHW7UDGXo}HVGH1DWKDQDHO&
&DL[HLUR=LOGD$EXMDPUD'DHLU&HOLD($'L3LHUR&ROHomR2V3HQVDGRUHV
6mR3DXOR$EULO&XOWXUDO
6&2&8*/,$$IRQVR&HOVR$KLVWyULDGDVLGHLDVGH3DXOR)UHLUHHDDWXDO
FULVHGHSDUDGLJPDV-RmR3HVVRD(GLWRUDGD8)3%
Ϯϲϯ
67(76(1.2$pWLFRRQWRHSLVWHPRORJLDDWLYLVWDSHVTXLVDHHVWXGRGH
UHVLVWrQFLD,Q$13('eWLFDHSHVTXLVDHPHGXFDomR6XEVtGLRVY5LR
GH-DQHLUR$13('SD
628=$-HVVp$WROLFHGDLQWHOLJrQFLDEUDVLOHLUDRXFRPRRSDtVVHGHL[D
PDQLSXODUSHODHOLWH6mR3DXOR/H<D
BBBBBBBBBBB$HOLWHGRDWUDVRGDHVFUDYLGmRjODYDMDWR5LRGH-DQHLUR
/H<D
721(7,YR0DU[LVPRUHOLJLRVLGDGHHHPDQFLSDomRKXPDQDUHLPS
0DFHLy&ROHWLYR9HUHGDV
Ϯϲϰ
3UiWLFDVGRFHQWHVHP(QVLQRGH
+LVWyULD
Ϯϲϱ
6$%(5(6(072512'$5(('8&$d2'$65(/$d®(6
e71,&25$&,$,6/(0%5$1d$6(5()/(;®(6
-~OLR&pVDU9LUJtQLRGD&RVWD
,QWURGXomR
3RGHPRV GL]HU TXH R UDFLVPR p XPD IRUPD
VLVWHPiWLFD GH GLVFULPLQDomR TXH WHP D UDoD
FRPR IXQGDPHQWR H TXH VH PDQLIHVWD SRU
PHLRGHSUiWLFDFRQVFLHQWHVRXLQFRQVFLHQWHV
TXHFXOPLQDPHPGHVYDQWDJHQVRXSULYLOpJLRV
SDUDLQGLYtGXRVDGHSHQGHUGRJUXSRUDFLDODR
TXDOSHUWHQoDP
6LOYLR$OPHLGD
(P D VRFLHGDGH EUDVLOHLUD YLX VHU SURPXOJDGD D /HL TXH
HIHWLYRXDREULJDWRULHGDGHQRVHVWDEHOHFLPHQWRVGDHGXFDomREiVLFDS~EOLFRV
HSULYDGRVRHQVLQRREULJDWyULRGHYHVHIULVDUVREUHD+LVWyULDHD&XOWXUD$IUR
%UDVLOHLUD
(VWHDUWLJRSUHWHQGHWHFHUDOJXPDVUHIOH[}HVVREUHXPDSUi[LVHGXFDWLYD
TXHpUHDOL]DGDGHVGHQRFROpJLRGHDSOLFDomRGD8QLYHUVLGDGH)HGHUDOGH
0LQDV *HUDLV D SDUWLU GH YHVWtJLRV HODERUDGRV QD SHVTXLVD$ OHL
P~OWLSODVSRVVLELOLGDGHVHSHUVSHFWLYDVGDSUiWLFDHGXFDWLYDQDHGXFDomREiVLFD
SDUDSURPRomRGHXPDUHHGXFDomRGDVUHODo}HVpWQLFRUDFLDLV$SHVTXLVDWHYH
VHX LQtFLR HP H FROHWRX XP JUDQGH Q~PHUR GH GRFXPHQWRV DSHVDU GDV
GLILFXOGDGHVLPSRVWDVSRUWHPSRVSDQGrPLFRV
3DUD HVVH WH[WR SUHWHQGHPRV ID]HU XP UHFRUWH QHVVD GRFXPHQWDomR H
YDPRVIRFDUHPDOJXPDVHQWUHYLVWDVUHDOL]DGDVQDSHVTXLVD)DUHPRVUHFRUWHV
TXH SRVVDP QRV LQVWUXPHQWDOL]DU D SHQVDUPRV FRPR RV GRFHQWHV SHUFHEHP
HVVDWUDMHWyULDQDLPSOHPHQWDomRGD/HLQRFROpJLRHFRPRHOHVDV
VH HQJDMDP QHVVD DWLYLGDGH TXH p DSUHVHQWDGD QRPrV GH QRYHPEUR SRUpP
PXLWDV GHODV LQLFLDGDV QR LQtFLR GR DQR OHWLYR FRUUHQWH H DOJXPDV GHODV YrP
7UDEDOKRGHVHQYROYLGRFRPDSRLRILQDQFLDPHQWRGD3534GD8)0*HFRPDSDUWLFLSDomRGR
%ROVLVWD'DQLHO/HLWH*RQVDOH]0RWWD
'RXWRUHP(GXFDomRSHOD8)0*&HQWUR3HGDJyJLFRGD8)0*MXOLRFHVDUKLVWRULD#JPDLOFRP
Ϯϲϲ
VHQGRGHVHQYROYLGDVGHVGHSDUDOHODPHQWHj)HVWDGD&RQVFLrQFLD1HJUD
PDVHPFRQH[mRFRPDPHVPD
1HVVH VHQWLGR EXVFDPRV R GLiORJR FRP DOJXPDV FRQFHSo}HV GH
HSLVWHPRORJLDVGDSUiWLFDTXHEXVFDPUHFRQKHFHURSURIHVVRUFRPRVXMHLWRGH
VXDDomRGHVHXVDEHUHID]HUGRFHQWHFRPRLQWHOHFWXDO±*LURX[ et al
±FRPRFUtWLFRUHIOH[LYR±6FKRQ 3LPHQWD *KHGLQ H
/LEkQHR SDUDDQDOLVDUPRVRGLiORJRWHyULFRHSLVWHPROyJLFRGRSURFHVVR
GDSHVTXLVDVREUHDSUiWLFDHGXFDWLYDQD(GXFDomR%iVLFDSDUDSURPRomRGH
XPDUHHGXFDomRGDVUHODo}HVpWQLFRUDFLDLVHQRFRPEDWHDRUDFLVPR
5DFLVPRHVWUXWXUDOHFXUUtFXOR
e LQHJiYHO TXH D +LVWyULD GR %UDVLO p PDUFDGD SHOD YLROrQFLD HP VXDV
GLYHUVDV PDQLIHVWDo}HV GHVGH DV VLPEyOLFDV j YLROrQFLD ItVLFD H QHVVH
FRQWH[WR D TXHVWmR UDFLDO JDQKDGHVWDTXH QR FRWLGLDQR GD VRFLHGDGH SRUpP
WDPEpPIRLpQHJDGDQRVFXUUtFXORVHVFRODUHVQRDSDJDPHQWRGH JUXSRVTXH
IRUDPHVmRH[FOXtGRVHH[SORUDGRVQR%UDVLOGHVGHRSHUtRGRFRORQLDO
(VVHIDWRpPDLVQtWLGRQRUDFLVPRFRWLGLDQRTXHFDGDQHJURHQHJUDH
DIURGHVFHGHQWHVRIUHQR%UDVLO6HMDQDEXVFDSRUXPHPSUHJRHPVXDWUDMHWyULD
HVFRODUQDVVXDVPDQLIHVWDo}HVFXOWXUDLVHHPVHXSUySULRFRUSR
(VVH IDWR FRQIRUPH$OPHLGD Mi QRV HVFODUHFH QD HStJUDIH GHVWH
WH[WR ³WUDWDVH GH XPD IRUPD VLVWHPiWLFD GH GLVFULPLQDomR´ 'LVFULPLQDomR
EDVHDGD HP XP IDOVR FRQFHLWR TXH QmR VH VXVWHQWD PDLV H TXH IRL XPD
FRQVWUXomRPXLWREHPHODERUDGDDSDUWLUGD(XURSDHGHVHXmodus operandi,R
HXURFHQWULVPRSDUDTXHDVXEMXJDomRGRFRQWLQHQWHDIULFDQRIRVVHMXVWLILFDGD
SRU RXWUDV UD]}HV TXH QmR IRVVH D VDQKD HFRQ{PLFD H GHPRQVWUDQGR
QLWLGDPHQWHFRPRDFRORQL]DomRWDPEpPVHGHXQRVDEHUHQRSRGHULPSRVWR
SHORHXURSHX
(PREUDVHPLQDO$OPHLGD QmRVRPHQWHH[SOLFDRTXHVHMDHVVH
IHQ{PHQREHPFRPRRGHILQHFRPRUDFLVPRHVWUXWXUDO(VVHIHQ{PHQRVXUJLGR
GDSUySULDHVWUXWXUDVRFLDOEUDVLOHLUDHQDVSDODYUDVGRDXWRU³QRPRGRQRUPDO
FRP TXH VH FRQVWLWXHP DV UHODo}HV SROtWLFDV HFRQ{PLFDV MXUtGLFDV H DWp
Ϯϲϳ
IDPLOLDUHVQmRVHQGRXPDSDWRORJLDVRFLDOHQHPXPGHVDUUDQMRLQVWLWXFLRQDO2
UDFLVPRpHVWUXWXUDO´ ,GHPS
6HUi TXH Mi SHUFHEHPRV R TXDQWR D /HL p LPSRUWDQWH H
QHFHVViULDQHVVHFRQWH[WREUDVLOHLUR"2QGHDWpDVPDLVDOWDVDXWRULGDGHVQHJDP
D H[LVWrQFLD GR UDFLVPR H RQGH QHJURV H QHJUDV PRUUHPWRGRV RV GLDV QHVVH
SDtVSRUFDXVDGDFRUGHVXDSHOH"
4XDQGRUHIOH[LRQDPRVHVVDVHRXWUDVTXHVW}HVSDUDRPHLRHGXFDFLRQDO
TXHWDPEpPFRQWULEXLFRPHVVHSURFHVVRpIRUoRVRSHQVDUPRVTXHDOHLYHLR
SURYRFDU XPD DomR Mi Ki PXLWR DQXQFLDGD HP UHODomR j +LVWyULD SRU :DOWHU
%HQMDPLQ GD QHFHVVLGDGH GH XPD KLVWyULD D FRQWUDSHOR $TXLOR TXH PDLV
UHFHQWHPHQWHIRLGLWRSRU&KLPDPDQGD$GLFKH QRFHUQHGHVHXOLYURO
perigo de uma história únicaGHTXH³VHYRFrTXLVHUHVSROLDUXPSRYRDPDQHLUD
PDLVVLPSOHVpFRQWDUDKLVWyULDGHOHHFRPHoDUFRP³HPVHJXQGROXJDU´
2X VHMD QmR VH DSUHVHQWD D ÈIULFD PDV XPD YLVmR QHJDWLYD RX XPD
FRQVWUXomRGHXPDWUDGLomRGHXPDÈIULFDHVWHUHRWLSDGDLQYHQWDGDHLQFRPSOHWD
SURSRVLWDGDPHQWH
([HPSOLILFDQGR HVVD VLWXDomR 5LEHLUR QRV DMXGD D SHUFHEHUPRV
FRPPDLVFODUH]DRTXHSUHWHQGHPRVLQGLFDU
4XDQGRFULDQoDIXLHQVLQDGDTXHDSRSXODomRQHJUDKDYLDVLGR
HVFUDYDHSRQWRFRPRVHQmRWLYHVVHH[LVWLGRXPDYLGDDQWHULRU
QDVUHJL}HVGHRQGHHVVDVSHVVRDVIRUDPWLUDGDV'LVVHUDPPH
TXHDSRSXODomRQHJUDHUDSDVVLYDHTXH³DFHLWRX´DHVFUDYLGmR
VHP UHVLVWrQFLD 7DPEpP PH FRQWDUDP TXH D SULQFHVD ,VDEHO
KDYLDVLGRVXDJUDQGHUHGHQWRUD1RHQWDQWRHVVDHUDDKLVWyULD
FRQWDGD GR SRQWR GH YLVWD GRV YHQFHGRUHV FRPR GL] :DOWHU
%HQMDPLQ 2 TXH QmR PH FRQWDUDP p TXH R 4XLORPER GRV
3DOPDUHVQDVHUUDGD%DUULJDHP$ODJRDVSHUGXURXSRUPDLV
GHXPVpFXORHTXHVHRUJDQL]DUDPYiULRVOHYDQWHVFRPRIRUPD
GH UHVLVWrQFLD j HVFUDYLGmR FRPR D 5HYROWD GR 0DOrV H D
5HYROWDGD&KLEDWD&RPRWHPSRFRPSUHHQGLTXHDSRSXODomR
QHJUDKDYLDVLGRescravizadaHQmRHUDHVFUDYD±SDODYUDTXH
GHQRWDTXHHVVDVHULDXPDFRQGLomRQDWXUDORFXOWDQGRTXHHVVH
JUXSRIRLFRORFDGRDOLSHODDomRGHRXWUHP 5,%(,523
eHVVDSHUVSHFWLYDTXHPXLWRVHDSUHVHQWDQDVPtGLDVHDWpPHVPRQDV
HVFRODVVREUHRFRQWLQHQWHDIULFDQR1DVHVFRODVSHODDXVrQFLD GHXPDYLVmR
SRVLWLYDGDGDÈIULFDGRDIULFDQRHGRDIURGHVFHQGHQWHHVXDFXOWXUD7DPEpP
SRUTXHPHVPRVHPWHUHVVDLQWHQomRDRSURPRYHUPRVRGLDGDFRQVFLrQFLD
QHJUD SRGHPRV DLQGD HVWDU PDQWHQGR XPD YLVmR H[yWLFD H GH XP ³FXUUtFXOR
Ϯϲϴ
WXUtVWLFR´'LDGHQRYHPEURTXHIRLLQVWLWXtGRFRPR'LDGD&RQVFLrQFLD1HJUD
HPDOXVmRjPRUWHGH=XPELGRV3DOPDUHV
3RU³FXUUtFXORVWXUtVWLFRV´6DQWRPp QRVHVFODUHFHTXHVHWUDWDGH
DILUPDomRGHXPDYLVmR~QLFDLVRODGDGRFRQWH[WRHPXLWDVYH]HVDVVHQWDGDQD
GLPHQVmR IROFOyULFD GH XP GHWHUPLQDGR WHPD SRYR RX FXOWXUD R TXH QmR
FRQWULEXLGHIRUPDHIHWLYDSDUDDGHVFRQVWUXomRGRVHVWHUHyWLSRVKLVWRULFDPHQWH
FRQVWUXtGRV6mRDo}HVTXHQmRTXHVWLRQDPRVFXUUtFXORVSUHVFULWRVRXPHVPR
RV UHDLV PDV TXH FRPR Mi VDOLHQWDGR SRU$GLFKLH H 5LEHLUR Mi
VLQDOL]DUDP HP UHODomR D XPD KLVWyULD ~QLFD DGRWDP UHIRUoDP H QmR
SUREOHPDWL]DPDKLVWyULDQDSHUVSHFWLYDHXURFrQWULFDeDDGRomRPDQXWHQomR
GH XP FXUUtFXOR EDVHDGR HP XQLGDGHV GLGiWLFDVVHTXrQFLDV GLGiWLFDV
GHVFRQHFWDGDV H TXH SRGHP DR LQYpV GH SURPRYHU XPD UHHGXFDomR GDV
UHODo}HVpWQLFRUDFLDLVIROFORUL]DURDVVXQWRFRPRVHIRVVHXPsouveniUEDQDOH
LVRODGRGRFRQWH[WRHVFRODUGDTXHOHDQRSHUtRGRHGRVHVWXGDQWHVHVXDVYLGDV
eGHQWURGHVVDUHDOLGDGHHFDPSRGHOXWDVTXHRHVWXGRGD+LVWyULDHGD
&XOWXUD$IUR%UDVLOHLUDVHSURS}HDGHVFRUWLQDUTXHVW}HVTXHFRQILJXUDPQRVVD
LGHQWLGDGH FRPR EUDVLOHLURV H EUDVLOHLUDV H R FRQKHFLPHQWR GH QRVVD PDWUL]
SOXULFXOWXUDOHpWQLFDQDSURPRomRGHXPDUHHGXFDomRHXPDSUiWLFDSHGDJyJLFD
TXH VHMD SDXWDGD SHOD FRPSUHHQVmR GD DOWHULGDGH 0DLV GR TXH LVVR
HQWHQGHPRVTXHHVVDOHLQRVLQGX]DHIHWLYDPHQWHWHQWDUVXSHUDUDWDQWDVYH]HV
GHQXQFLDGD SHUVSHFWLYD HXURFrQWULFD QR HQVLQR GH KLVWyULD TXH UHSURGX] D
FRQFHSomRFRORQLDOLVWD
1HVVH VHQWLGR &RVWD EDVHDGR HP 6DQWRPp H 6DQWRV
QRVLQGLFDTXH
7UDWDVH HP ~OWLPD LQVWkQFLD GH DSRVWDU TXH RV FXUUtFXORV
HVFRODUHV DTXL SHQVDGRV D SDUWLU GD SURPRomR HIHWLYD GD /HL
SRVVDP VH FRQVWLWXLU HP YHtFXORV GH
HQIUHQWDPHQWR GDV GHVLJXDOGDGHV VRFLDLV SUHVHQWHV HP QRVVD
VRFLHGDGH +i XPD SRWHQFLDOLGDGH SDUD DOWHUDU KLHUDUTXLDV
GHVHVWDELOL]DUUHODo}HVGHSRGHUIRPHQWDUDUHRUJDQL]DomRGH
IRUoDVHFRQWULEXLUSDUDRTXHVWLRQDPHQWRGHYDORUHVHFHUWH]DV
KLVWRULFDPHQWH FRQVWUXtGDV (VSHUDVH WDPEpP TXH RV
FXUUtFXORVFRQWULEXDPSDUDXPDGHVFRQVWUXomRGHHVWHUHyWLSRV
GHHP YLVLELOLGDGH jV FXOWXUDV VLOHQFLDGDV H SURPRYDP H
YDORUL]HP D GLYHUVLGDGH FXOWXUDO TXH FRPS}H D LGHQWLGDGH GR
SRYREUDVLOHLUR &267$
Ϯϲϵ
'LDQWHGHVVDSRWHQWHLGHLDQRVTXHVWLRQDPRVVHUiTXHDo}HVDSDUWLUGD
SURPXOJDomRGDUHIHULGDOHLVHHQFDPLQKDPQHVVDGLUHomR"2EYLDPHQWHTXHQmR
SRGHPRV UHVSRQGHU HP WHUPRV GH WRWDOLGDGH GDV HVFRODV PDV DV SHVTXLVDV
SRGHPQRVDMXGDUDWHUXPDQRomRGRFRQWH[WRVDEHQGRTXHJHQHUDOL]Do}HV
QmR VmR SRVVtYHLV 0DV SRGHP DMXGDU D HQWHQGHU GHQWUR GH XP UHFRUWH
HVWDEHOHFLGR TXHVW}HV TXH SRGHP HQFRQWUDU HFR QD OLWHUDWXUD H HP RXWUDV
SHVTXLVDVTXHHVWmRVHQGRUHDOL]DGDVVREUHHVVHWHPD(DVVLPSDVVDPRVSDUD
D DQiOLVH GRV GDGRV VHOHFLRQDGRV SDUD HVVH PRYLPHQWR HP HVSHFLDO FRPR
RVDVGRFHQWHVYHHPHVVHPRYLPHQWRGHDWHQGLPHQWRGDOHL
)HVWDGD&RQVFLrQFLD1HJUDSROLIRQLDVHVWUXWXUDGRUDVGHXPDSUi[LV
$ SROLIRQLD HP %DNKWLQ VH UHIHUH D REMHWRV RX VLJQRV TXH VmR
SRUWDGRUHVGHXPDSOXUDOLGDGHGHVLJQLILFDomR3DUDRDXWRUR VLJQRpPyYHO
SOXUDO H SROLYDOHQWH e SROLI{QLFR WDPEpP SRUTXH D SDUWLU GDV YiULDV
SRVVLELOLGDGHV GH HQXQFLDo}HV QDUUDWLYDV DSURSULDo}HV H XVXIUXWRV SRGHUi
GHVSHUWDUIRUPDVPDLVFUtWLFDVHUHIOH[LYDVGHLQVHUomRQDSURPRomRGHSUiWLFDV
HGXFDWLYDVPDLVHPDQFLSDWyULDV
1HVVH WH[WR HQWHQGHPRV R FRQFHLWR 3ROLIRQLD D SDUWLU GDV YiULDV
SRVVLELOLGDGHVGHQDUUDWLYDVTXHD)HVWDGD&RQVFLrQFLD1HJUDSURPRYHXQRV
GRFHQWHVHQYROYLGRVFRPR'LDGD&RQVFLrQFLD1HJUD(VWiGLUHWDPHQWHOLJDGR
DRVGLYHUVRVDWRUHVHPFHQDTXHSRUOiFLUFXODPHDWXDPSRLVVHJXQGR%DNKWLQ
S ³RVHQWLGRGDSDODYUDpWRWDOPHQWHGHWHUPLQDGRSRUVHXFRQWH[WR´
3DUDRPHVPRDXWRU S DSROLIRQLDpSDUWHHVVHQFLDOGHWRGD
HQXQFLDomR Mi TXH QXP PHVPR WH[WR RFRUUHP GLIHUHQWHV YR]HV TXH VH
H[SUHVVDPHTXHWRGRRGLVFXUVRpIRUPDGRSRUGLIHUHQWHVGLVFXUVRVHDLQGD
TXH D SROLIRQLD GHVFUHYH R IDWR GH TXH R GLVFXUVR UHVXOWD GH XPD WUDPD GH
GLIHUHQWHV YR]HV VHP TXH QXQFD H[LVWD D GRPLQDomR GH XPD YR] VREUH DV
RXWUDV(WDPEpPTXHDFRPXQLFDomRYHUEDOHQWUHODoDVHLQH[WULFDYHOPHQWHDRV
RXWURVWLSRVGHFRPXQLFDomRHTXHFUHVFHFRPHOHVHVREUHRWHUUHQRFRPXPGD
VLWXDomRGDSURGXomR
1RFDVRGHVWDSHVTXLVDRWH[WRpD)HVWDGD&RQVFLrQFLD1HJUDQRVVHXV
DQRVHDSROLIRQLDYHPGDVHQWUHYLVWDVUHDOL]DGDVDRORQJRGRSURFHVVR
ϮϳϬ
GHVGH9R]GHTXHPWUDEDOKDQDHVFRODHQRHYHQWRYR]GHTXHPWUDEDOKD
H YDL DR HYHQWR YR] GH TXHP IRL EROVLVWD QR &3 YR]HV GH SURIHVVRUHVDV
DSRVHQWDGRVDVHHPDWXDomR+RPHQVHPXOKHUHVQRYDWRVHSURIHVVRUHVFRP
PDLVWHPSRGHHVFROD2XVHMDYiULDVYR]HVTXHMXQWDVFRPS}HPXPDSROLIRQLD
SRUTXH GLDQWH GH XPD H[SHULrQFLD QHVVH FDVR XPD SUi[LV SHGDJyJLFD
DFUHGLWDPRV TXH GHSHQGHQGR GR OXJDU GH IDOD D HQXQFLDomR WRPDUi XP
GHWHUPLQDGRVHQWLGR
3RUH[HPSORSDUDHVVHWH[WRHVFROKHPRVSURIHVVRUDVTXHOHYDUDPVHXV
ILOKRVQRGLDGHQRYHPEURHPDQRVGLVWLQWRVj)HVWDGD&RQVFLrQFLD1HJUD
GR&ROpJLRGH$SOLFDomRGD8)0*
3DUDHVVDSULPHLUD³YR]´DSHUJXQWDIRL
-~OLR&pVDU)DOHXPSRXFRGRGLDGD&RQVFLrQFLD1HJUDSDUDYRFr2GLDQR
PRGRJHUDO
&$KVLPHQWmRWi$L-~OLRHXDVVRFLRPXLWRHVVHGLDHVVDFRPHPRUDomRQp"
$SDUWLUGRPRPHQWRTXHHXHQWUHLSUR&3(HXPHOHPEURDVVLPGHVGHRLQtFLR
GHVGHRSULPHLURDQRHPTXHHXHQWUHLQRDQRGHGHWHUPHHQYROYLGR
PXLWRFRPDWHPiWLFDFRPDLGHLDFRPDSURSRVWD(XQmRVHLH[DWDPHQWH-~OLR
VHpVHRTXHDJHQWHID]DVVLPGHWHUXPGLDSRGHWHUOiVXDVTXHVW}HVVXDV
FUtWLFDVQp"0DVHXDFKRTXHRTXHDJHQWHID]QDHVFRODWHPXPPDUFRDVVLP
GHFRPRXPGLDPDVHXDFKRTXHpIUXWRGHXPSURFHVVReXPDIHVWDPXLWR
ERQLWD DVVLP 7DQWR TXH HX FRQVLGHUR TXH QD HVFROD KRMH XPD GDV
FRPHPRUDo}HV TXH D JHQWH WHP PDLV PDUFDQWH p FHUWDPHQWH p R GLD GD
&RQVFLrQFLD1HJUD
3RGHPRVLGHQWLILFDUXPDUHIOH[mRVREUHDSUi[LVGRFHQWHHVREUHDSUySULD
DomRHGXFDWLYDTXDQGRDSURIHVVRUD&ID]XVRGHXPDPHWDUHIOH[mRRXVHMD
TXDQGRHODUHIOHWHVREUHVXDSUySULDUHIOH[mR&DUDFWHUtVWLFDHVWDPXLWRSUHVHQWH
QRVSUHVVXSRVWRVGHSURIHVVRUUHIOH[LYRGH'6FKRQ HHPFHUWDPHGLGD
FRP +HQU\ *LURX[ TXDQGR HVVH DXWRU FRQVLGHUD RV GRFHQWHV FRPR
LQWHOHFWXDLV e DTXL TXH p SHUFHSWtYHO XP GLiORJR FRP DV FRQFHSo}HV GH
HSLVWHPRORJLDVGDSUiWLFDTXHEXVFDPRVDGRWDUQHVWDSHVTXLVD'HUHFRQKHFHU
RSURIHVVRUFRPRVXMHLWRGHVXDDomRGHVHXVDEHUHID]HUGRFHQWHLQVHULGRQD
WHPiWLFDGDUHHGXFDomRGDVUHODo}HVpWQLFRUDFLDLVQR%UDVLO
Ϯϳϭ
2XWURGHVWDTXHQRGHSRLPHQWRHVWiQRSOXUDO³DJHQWHID]QDHVFROD«´
HQDSRVLomRGHHQXQFLDomRGDIDODTXHQRVUHPHWHSDUDXPFRUSRGRFHQWHH
GLVFHQWHTXHDWXDQRPHVPRVHQWLGRHQDEXVFDSRUXPDSUi[LVFUtWLFDVREUHD
/HLHWRGDDFRPSOH[LGDGHTXHHQYROYHRDVVXQWR
0DLV XP GHVWDTXH p D FRQILUPDomR GH TXH VH WUDWD GH XP SURFHVVR
HGXFDWLYR H QmR DSHQDV XPD DomR LVRODGD GHVFRQHFWDGD GH XPD VHTXrQFLD
GLGiWLFDGHORQJDGXUDomR2TXHQRVGiXPIRUWHLQGtFLRGHTXHQmRVHWUDWDGH
XP³FXUUtFXORWXUtVWLFR´
1DVHTXrQFLDGDVHQWUHYLVWDVRXWUDVHQXQFLDo}HVVHDSUHVHQWDP
& (X SDUWLFLSR DWLYDPHQWH -~OLR (X SDUWLFLSR GH XP SURMHWR GD HVFROD TXH
FKDPDÈIULFDVH(XHQWmRpXPGLDTXHJHUDOPHQWHHXWHQKRDOJXPDQmRpSUD
FRQWHPSODU VRPHQWH p XP GLD TXH HX SDUWLFLSR DWLYDPHQWH Oi FRP DV QRVVDV
SURGXo}HVFRPDGLYXOJDomRGRTXHDJHQWHSURGX]LXQp"(QWmRJHUDOPHQWHHX
W{ HQYROYLGD FRP HVVHV DVSHFWRV WDPEpP GD DSUHVHQWDomR GD IHVWD GD
RUJDQL]DomRGDIHVWDGHDOJXPPRGRQp"0DVSDUWLFLSRDWLYDPHQWHTXDQGRWHP
RILFLQDVHXDMXGRTXDQGRQmRW{DMXGDQGRHXIDoRDVRILFLQDVFRPDVPLQKDV
ILOKDVDVVLPFRQYHUVRFRPRVSDLVSDUWLFLSRDWLYDPHQWHGDVSURSRVWDVVDEH"
'DVURGDVGHFDSRHLUDGDVRILFLQDVGLYHUVDV3DUWLFLSRDWLYDPHQWH
$3RLVpDJRUDHXW{PHLRVHPVDEHU-~OLRVHHXIL]HVVDDSUHVHQWDomRVHQyV
IL]HPRVHVVDDSUHVHQWDomRRXVHIRLQDQD)HEUDWRXVHIRLQD&RQVFLrQFLD1HJUD
RX VH IRL QRV GRLV PDV XP XPD WXUPD GR VpWLPR DQR HX DFKR DK VHUi TXH
p HX DFKR QmR VHL D JHQWH HVWDYD WUDEDOKDQGR HVVD
FRLVDGRVSRYRVGRVGLIHUHQWHVSRYRVDQWHVGDGDVJUDQGHVQDYHJDo}HVQpKi
RHQFRQWURGDVWUrVFXOWXUDVHWXGRPDLV(DtDJHQWHFRPHoRXDSHUFHEHUTXH
YiULDVFRLVDVHUDPPXLWRQRYDVSURVDOXQRVQpGDÈIULFDHUDPXLWRQRYRSURV
DOXQRV SRU H[HPSOR DTXHOHV HVWHUHyWLSRV Qp TXDQGR VH SHQVD QD ÈIULFD Fr
SHQVDHPSREUH]DFrSHQVDHPDWUDVRPDWDVYLGDVHOYDJHPQpHWXGRPDLV
(DtDJHQWHIRLGHVFRQVWUXLQGRLVVRPRVWUDQGRDFRPSOH[LGDGHGDVRFLHGDGH
D ULTXH]D D LPSRUWkQFLD D GLYHUVLGDGH GH FXOWXUDV p D TXHVWmR GR
GHVHQYROYLPHQWRWHFQROyJLFRHPUHODomRjPLQHUDomRjDJULFXOWXUDHQWUHRXWURV
DVSHFWRVTXHRVSRYRVDIULFDQRVWLQKDPDWpDQWHVGRVSRYRVHXURSHXVHWXGR
ϮϳϮ
PDLV(DtDJHQWHSURS{VXPWUDEDOKRTXHHUDÈIULFDYRFrVDELD"HDtQHVVH
WUDEDOKRHOHVDSUHVHQWDYDPHVVDVGLIHUHQWHVFRLVDVTXHHOHVQmRVDELDPTXH
SDVVDUDP D ILFDU VDEHQGR H TXH HOHV DFKDYDP TXH RXWUDV SHVVRDV WDPEpP
GHYHULDPQmRVDEHUHTXHVHULDOHJDOVDEHUGLJDPRVDVVLPeHVVDTXHHXW{
OHPEUDQGR
1DFRQWLQXLGDGHGRGHSRLPHQWRGDSURIHVVRUD&YHPRVVXDLQVHUomRQD
WHPiWLFD H QDV Do}HV TXH VmR SHQVDGDV H UHDOL]DGDV QR GLD GD )HVWD
GHPRQVWUDQGRRTXDQWRWHPRVRHQYROYLPHQWRGRVGRFHQWHVQDDSOLFDomRGD/HL
HGHGLIHUHQWHVPDQHLUDV&RPRYLPRVQRVGRLVGHSRLPHQWRVGHODDV
YR]HVTXHVHHQFRQWUDPHPXPDSROLIRQLDGHUHPHPRUDo}HVHDo}HV
2XWUDYR]TXHHVWiSUHVHQWHQDVYR]HVTXHVHHQWUHODoDPQHVVDWHVVLWXUD
pGDSURIHVVRUD$TXHVHUHFRUGDGHDo}HVHPRXVHMDDQRVDWUiVH
FRPRHODIRLSHUFHEHQGRTXHHVWXGDUDÈIULFDHUDPXLWRQRYRSDUDRVHGXFDQGRV
H FRPR HOD SURS}H XPD DomR SHGDJyJLFD PXLWR IHOL] TXDQGR ID] R WUDEDOKR
ÈIULFD YRFr VDELD"´ 4XDQWDV LQIRUPDo}HV VREUH SUiWLFDV HGXFDWLYDV TXH
EXVFDP QmR DSHQDV D XP DWHQGLPHQWR PHFkQLFR GD /HL PDV XP
UHFRQKHFLPHQWRGDLPSRUWkQFLDGDOHLGHVXDWHPiWLFDHDo}HVTXHDWXDPHP
XPSURFHVVRHGXFDWLYRGHGHVFRQVWUXomRGHHVWHUHyWLSRV6LJDPRVFRPRXWUDV
YR]HVHRXWUDTXHVWmR
-~OLR&pVDUeMiTXHYRFrWRFRXQHVVHDVVXQWRMiHQFRQWUHLIRWRVOiGHYRFr
FRP6GHYRFrFRPDVPHQLQDV1mRPHOHPEURQHPGHWHUYLVWRIRWRGHRXWUDV
SHVVRDVDVVLPFRPILOKRVHILOKDVQDDWLYLGDGH-iYLDOJXPDVSHVVRDVFRPDV
ILOKDV QR FROR Qp" 2X DQGDQGR SUD Oi H SUD Fi 0DV YL 6 Oi VHQWDGD HQWUH DV
SHUQDV FRP R OLYUR QD PmR 4XHULD TXH YRFr IDODVVH XP SRXFR GHVVD
H[SHULrQFLD DVVLP GH PmH H GH ILOKD GHVVH SURFHVVR SRUTXH QmR p PXLWR
FRPXP 1DV IRWRV TXH HX YL p FODUR TXH DV IRWRV VmR HVFROKDV Qp" -RKQ YDL
VHOHFLRQDQGRHQILPQp"1mRWHPPXLWRFRQWUROHGLVVR0DVHXTXHULDTXHYRFr
IDODVVHXPSRXFRGHVVDH[SHULrQFLD
&SURSRVWDVTXHYmRSUREOHPDWL]DULVVRTXHYmRGHVQDWXUDOL]DULVVRHXIDoRDR
Pi[LPRVDEH(QWmRQHVVDIHVWD&RQVFLrQFLD1HJUDpHXVHPSUHW{FRPDV
Ϯϳϯ
PHQLQDVQDIHVWDQDHVFRODPDVQHVVDHXIDoRTXHVWmRGHHVWDUFRPHODVHGH
TXH HODV YHMDP DV EHOH]DV DV SURSRVWDV HVWpWLFDV GLIHUHQFLDGDV GH EHOH]D
DVVLPRVFDEHORVGRVWUDMHV$LHXSDUWLFLSRDRPi[LPRGDVRILFLQDVSHQVDQGR
QHVVDSHUVSHFWLYDGDIRUPDomRGHODVPHVPRFRPRVXMHLWRVDVVLP(QWmRSRU
PDLVTXHHXGLJDTXHHXGLVVHDQWHULRUPHQWHQp"4XHHXSDUWLFLSRDWLYDPHQWH
GD RUJDQL]DomR 0DV HX VHPSUH GRX XPD IXJLGD DVVLP GH GR WHPSR GRV
WHPSRVSUDSURSRUFLRQDUHYLYHULVVRFRPHODVVDEH'HDJHQWHID]HUMXQWDVDV
RILFLQDVGHDUUXPDURFDEHOR«7HPXPDHXOHPEURGHXPD7ieHXDFUHGLWR
DVVLP -~OLR TXH D IRUPDomR KXPDQD HQYROYH PXLWRV DVSHFWRV Qp"$EUDQJH
PXLWDV TXHVW}HV Qp" ( D JHQWH YLYH QXPD VRFLHGDGH TXH TXH p FRQVWLWXtGD
DVVLP GH XP UDFLVPR HVWUXWXUDO PXLWR IRUWH (QWmR DVVLP WHP XPDV TXHVW}HV
TXH VmR GR UDFLVPR Qp" (QWmR TXDQGR DV FULDQoDV YmR REVHUYDQGR DR VHX
HQWRUQRHODVYmRSHUFHEHQGRRPRGRFRPRDVRFLHGDGHpHVWUXWXUDGDQp"(SRU
PDLV TXH VH QHJXH DVVLP XPD VpULH GH TXHVW}HV TXH VmR TXHVW}HV DVVLP
WDPEpP DPSODV FRPSOH[DV SROrPLFDV 4XDQGR D JHQWH VDL H Yr TXHP p R
SRUWHLURGDHVFRODGRVSUpGLRVTXDQGRWHPDID[LQHLUDGRSUpGLRDID[LQHLUDGD
SUySULD FDVD DVVLP D JHQWH WHP XP TXDGUR TXH FDUDFWHUL]D EDVWDQWH XPD
VHJUHJDomR UDFLDO PXLWR VLJQLILFDWLYD GR QRVVR SDtV (QWmR j PHGLGD TXH HX
FRQVLJRWHUDVPLQKDVPHQLQDVHPRILFLQDTXHQmRYLURXIRWRQmRDWpRQGHHX
VHLQmRPDVRPRPHQWRTXHDVPHQLQDVWDYDPOiDFKRTXHWLQKDXPPRQWHGH
JHQWHPLVWXUDGRQRFLFORDVVLPXPDRILFLQDJUDQGHVREUHFDEHORVHDLWLQKD
PXLWD PLoDQJD PXLWD FRLVD DV PHQLQDV DV PLQKDV DV GXDV ( H 6 ILFDUDP
HQFDQWDGDV FRP DTXHOH XQLYHUVR DVVLP ( HX QmR FRQVHJXL PXLWR DUUXPDU R
FDEHOR GHODV 0DV QDTXHOH GLD FRP RXWUDV SHVVRDV FRP DTXHOH PRYLPHQWR
HODVHVWDYDPDFKDQGRXPPi[LPRDVSHVVRDVDUUXPDUHPPH[HUHPWUDQoDUHP
TXHpXPDFRLVDTXHHXQmRVHLID]HUPXLWR0DVOiQDTXHODRILFLQDHODVILFDUDP
PRWLYDGDVSRURXWUDVUD]}HVQp"3UDFRORFDUPLoDQJXLQKDVSUDFRORULURFDEHOR
SUDVHHQIHLWDU(HXDFKHLDTXLORPXLWRIDQWiVWLFRVDEH-~OLR"3RGHUpSHUFHEHU
TXHHODVHVWmRYLYHQFLDQGRHVVHVHVSDoRVHVVDVTXHVW}HVWRGDVQp"
(P RXWUR GHSRLPHQWR HQFRQWUDPRV RXWUD GRFHQWH TXH ID] HVVH
PRYLPHQWRFRPDIDPtOLD9HMDPRV
Ϯϳϰ
$2OKDHXYRXWHGL]HUTXHHXQXQFDWLYHXPSURWDJRQLVPRQHVVDIHVWDQmR(X
VHPSUHSDUWLFLSHLYDPRVGL]HUFRPRFRDGMXYDQWHDVVLPQpVHMDSDUWLFLSDQGR
GDIHVWDVHMDHVWDQGRSUHVHQWHpHPDOJXPDVYH]HVDSUHVHQWDQGRpDMXGDQGR
pFRRUGHQDQGRXPDDSUHVHQWDomR GHWUDEDOKRIHLWRSRUPHXVDOXQRVVHQmR
PHHQJDQRXPDRXGXDVYH]HVDSHQDVLVVRDFRQWHFHXDVVLP0DVQDPDLRULD
GDVYH]HVDPLQKDSDUWLFLSDomRpEHPPDLVHXDFKRTXHHXQXQFDLQFOXVLYH
QXQFDSDUWLFLSHLGD&RPLVVmRGD&RQVFLrQFLD1HJUD(XpVHPSUHWLYHFRPR
SURIHVVRUDFRPRDWXDQWHDOLGHVVDFRPXQLGDGHGHHVWDUSUHVHQWHQDIHVWDGD
FRQVFLrQFLD QHJUD OHYR PLQKD IDPtOLD IDoR RILFLQDV IDoR p SDUWLFLSR GDV
P~VLFDVGRVVKRZVDVVLP
$WUDomR SUD HOD WDPEpP GHVVD TXHVWmR GD YDORUL]DomR GHVVD FXOWXUD GHVVHV
DVSHFWRV HQWmR SRU H[HPSOR HX OHPEUR GD JHQWH ID]HQGR RILFLQDV p GRV
WXUEDQWHVQRFDEHORHQWmRHXIL]HODIH]WDPEpPGDVGDQoDVQpHQWmRpXP
SRXFR GH IRUPDomR WDPEpP SUD HOD Qp QD SHUVSHFWLYD GH YDORUL]DomR GHVVD
FXOWXUDDVVLPGHVHDSURSULDUGHVVDFXOWXUDGHID]HUGHODWDPEpP
,GHQWLILFDPRV LQ~PHURV HOHPHQWRV TXH Mi LQGLFDP FDUDFWHUtVWLFDV H
SRWHQFLDOLGDGHV GD DGRomR GHVVHV UHIHUHQFLDLV HP UHODomR j GD SROLIRQLD HP
%DNKWLQ SRLV DV HQWUHYLVWDV SRVVLELOLWDUDP TXH LQ~PHURV DVVXQWRV
IRVVHPWHFLGRVGHQWURGDHQUHGRGDWHFLWXUDPDLRUGRHYHQWRHGDSDUWLFLSDomR
GDSURIHVVRUD&H$MXQWDPHQWHFRPVXDVILOKDV(VVHWUHFKRDVHJXLUUHWUDWD
FRPR R SURIHVVRUDD UHIOH[LYR H[WUDSROD H PXLWR D LPDJHP FDQ{QLFD GH XP
UHSURGXWRU GH VDEHUHV GR FDPSR GH UHIHUrQFLD H FRPR SURGX] VDEHUHV H RV
FRQHFWDFRPDYLGDDRVHXUHGRU
³'HDJHQWHID]HUMXQWDVDVRILFLQDVGHDUUXPDURFDEHOR«7HPXPDHXOHPEUR
GHXPD7ieHXDFUHGLWRDVVLP-~OLRTXHDIRUPDomRKXPDQDHQYROYHPXLWRV
DVSHFWRV Qp"$EUDQJH PXLWDV TXHVW}HV Qp" ( D JHQWH YLYH QXPD VRFLHGDGH
TXHTXHpFRQVWLWXtGDDVVLPGHXPUDFLVPRHVWUXWXUDOPXLWRIRUWH´
$TXLpSRVVtYHOHVWDEHOHFHUPRVXPDFRQH[mRFRPRFRQFHLWRGHHVWpWLFD
GRVHQVtYHOHP5DQFLqUH (VWpWLFDGRVHQVtYHOGHVHQYROYLGDSHORDXWRU
HPVXDREUDA partilha do Sensível. Rancière S TXDQGRQRVHVFODUHFH
Ϯϳϱ
TXH ³D SDUWLOKD GR VHQVtYHO HVWi GLUHFLRQDGD SDUD RV DWRV HVWpWLFRV FRPR
FRQILJXUDo}HVGDH[SHULrQFLD´2XVHMDQRYRVPRGRVGHVHQWLU1RYRVPRGRV
GHVHQWLUTXHLQGX]LULDPDQRYDVIRUPDVGHVXEMHWLYLGDGHVSROtWLFDV$HVWpWLFD
UDPR GD ILORVRILD HVWDULD LQWHUHVVDGD SRUWDQWR QmR DSHQDV QR EHOR QR
HVWHWLFDPHQWHVHQVtYHOSRUVXDEHOH]DPDVVHULDXPDWRGHUHIOH[mRSROtWLFD
e H[DWDPHQWH R TXH SHUFHEHPRV QD IDOD GD SURIHVVRUD & TXDQGR HOD
UHODWD GR SRUTXH DV ILOKDV HVWDUHP SUHVHQWHV QR HYHQWR H SDUWLFLSDQGR GDV
RILFLQDV4XDQGRDPHVPDQRVUHODWDVREUHDHPSROJDomRGDVPHQLQDVGXUDQWH
DRILFLQDHSRVVLELOLGDGHGRFRQWDWRFRPDEHOH]DGDFXOWXUDDIUREUDVLOHLUDHGH
RXWUDVHVWpWLFDV
7DPEpP GH TXDQGR D HQWUHYLVWDGD GHVWDFD HP WUHFKR PDLV DFLPD GD
H[LVWrQFLD GR UDFLVPR HVWUXWXUDO H VXD SUHRFXSDomR TXH VXDV ILOKDV WHQKDP
RXWUDVH[SHULrQFLDVTXHGHVFRQVWURHPRXSURPRYDPUHIOH[}HVHPRXWURVHQWLGR
&UHPRV TXH HVVD IDOD QRV FRQHFWD WDPEpP FRP DV FRQFHSo}HV GH
HSLVWHPRORJLDVGDSUiWLFDTXHEXVFDPUHFRQKHFHURSURIHVVRUFRPRVXMHLWRGH
VXDDomRGHVHXVDEHUHID]HUGRFHQWHFRPRLQWHOHFWXDOFRQIRUPHMiVDOLHQWDGR
QHVVHWH[WR
(P RXWUD HQWUHYLVWD WHPRV XP PRYLPHQWR XP SRXFR GLIHUHQWH 8PD
QDUUDWLYDTXHSRGHFRPSRUQRVVRWHFLGRPDVFRPRXWUDVFRUHVHDWpPHVPR
XPIRUPDWRGLIHUHQWH9HMDPRV
( -~OLR GHSRLV TXDQGR HX FRQYHUVHL FRP YRFr Qp QR ZKDWVDSS HX ILTXHL
SHQVDQGRHXDFKRTXHHXQXQFDSDUWLFLSHLGD)HVWDGD&RQVFLrQFLD1HJUDHX
ILTXHLQDG~YLGDVHQD~OWLPDHPVHHXFKHJXHLDSDUWLFLSDUSRUTXHFRPR
DJHQWHpHXQmRVHLFRPRTXHDJHQWHYDLID]HUQpTXDQGRYROWDUSUHVHQFLDO
PDV D JHQWH GLYLGLD XP SRXFR DV RV ViEDGRV OHWLYRV Qp DV IHVWDV SRU
SURIHVVRUHVGRFLFORHDSHVDUGHVHPSUHWHUPHLQWHUHVVDGRSRUSDUWLFLSDUGD
IHVWDGD&RQVFLrQFLD1HJUDSRUTXHHXDFKRXPWHPDUHOHYDQWHLPSRUWDQWHQp
SUDYHUDVUHDo}HVGRVPHQLQRVRTXHpOHYDGROiSRUVHUHPQRYHPEURDFDERX
TXHHXDFKRTXHQXQFDSDUWLFLSHLSRUHVFROKHUSDUWLFLSDomRHPIHVWDVPDLVQR
LQtFLRGRVHPHVWUHSRUXPDTXHVWmRSHVVRDOPHVPRGHRUJDQL]DomRHQWmRHX
QmR WHQKR OHPEUDQoD$JRUD R TXH HX WHQKR DVVLP GH PHPyULD DVVLP Qp GH
Ϯϳϲ
FRQYHUVDVVREUHDIHVWDGD&RQVFLrQFLD1HJUDpTXHpXPDIHVWDTXHWDQWRRV
DOXQRV TXDQWR RV SURIHVVRUHV JRVWDP PXLWR H VH VHQWHP PXLWR IHOL]HV GH
SDUWLFLSDUWRGRPXQGRIDODFRPPXLWRFDULQKRpXPDGDVGDWDVFRPHPRUDWLYDV
DVVLPTXHWHPPDLVpHQYROYLPHQWRHPJHUDOGDHVFROD(XDFKRTXHGHSRLVGD
IHVWDMXQLQD
('HSRLVGDIHVWDMXQLQDHXDFKRTXHpDIHVWDPDLVLPSRUWDQWHGDHVFRODQR
VHQWLGR GH GR HQYROYLPHQWR GDV SHVVRDV H GD YRQWDGH TXH HOD DFRQWHoD Qp
HQWmR HX WHQKR HVVD DSHVDU GH LQIHOL]PHQWH QmR WHU SDUWLFLSDGR SRU TXHVW}HV
SHVVRDLVHXDFUHGLWRTXHVHMDXPDIHVWDTXHDVSHVVRDVVHHQYROYHPPXLWRH
JRVWDP PXLWR Qp GDV GLVFXVV}HV p VHPSUH GHSRLV DV DXODV TXH DFRQWHFHP
GHSRLV GD IHVWD GD &RQVFLrQFLD 1HJUD VHPSUH RV DOXQRV PHQFLRQDP DOJXPD
FRLVDDOJXPDDWLYLGDGHTXHWHYHFRPHQWDDOJXPDFRLVDQDDXODQDVDODGHDXOD
PHVPRQpQDDXOD GHFLrQFLDV WHPXPFRQWH~GRDV YH]HVTXHQHPDJHQWH
HVWiHVWXGDQGRDVWURQRPLDRVDOXQRVID]HPLVVRµDKIRLOHJDODIHVWD¶RTXHQmR
pFRPXPQpRTXHDJHQWHQmRYrHPRXWURVPRPHQWRV(QWmRHXDFUHGLWRTXH
VHMDXPDIHVWDPXLWRUHSUHVHQWDWLYDDVVLP
((QWmRpXPDSHUJXQWDGLItFLOGHUHVSRQGHUSRUTXHDVVLPHXDFUHGLWRTXHXPD
IRUPDGHSDUWLFLSDomRpHQWUDUHPFRQWDWRQpFRPDVSXEOLFDo}HVSRUH[HPSOR
SULQFLSDOPHQWHYLDUHGHVVRFLDLVRLQVWDJUDPRWZLWWHUQpSRUTXHQHVVHGLDD
JHQWHWHPXPYROXPHPXLWRJUDQGHGHWH[WRVHGH LQDXGtYHO GHILJXUDVHWDOH
UHFHEHULVVRQpQHVVHPRPHQWRWUiVXPPRPHQWRGHGLVFXVVmRHGHUHIOH[mR
SRUH[HPSORQDPLQKDFDVDFRPDPLQKDILOKDQpHODpHXGLULDTXHHODpDVVLP
DWLYLVWDQRVHQWLGRGHDVVLPGHWHQWDUGHILFDUGHVHQWLUTXHVW}HVVRFLDLVWUD]HU
DVTXHVW}HVVRFLDLVSUDJHQWHGLVFXWLUHQWmRSRUH[HPSORSULQFLSDOPHQWHQRGLD
GD &RQVFLrQFLD 1HJUD Qp FRP HVVDV SRVWDJHQV Qp TXH D JHQWH Yr p XPD
RSRUWXQLGDGH TXH D JHQWH WHP GH FRQYHUVDU VREUH LVVR H HX ILFR PXLWR
LPSUHVVLRQDGDQpFRPHODFRPRVDGROHVFHQWHVQDLGDGHGHODTXHHVWmRPXLWR
DWLYRV H HX YHMR XPD GLIHUHQoD GH HQWHQGLPHQWR GDV FRLVDV GH TXDQGR SRU
H[HPSOR HX WLQKD D LGDGH GHOD GH FRLVDV GRV DQRV HP TXH LVVR HUD
GLVFXWLGR PXLWR UDVR DVVLP D JHQWH RXYLD PXLWR D TXHVWmR GD SREUH]D PDLV
Ϯϳϳ
SHQVDQGRXPSRXFRpWDOYH]FDPXIODGDHVVDTXHVWmRUDFLDOHKRMHDJHQWHWHP
PDLV FODUH]D HX SHUFHER PDLV FODUH]D GRV DGROHVFHQWHV GH PXLWRV SHODV
SRVWDJHQVGLVFXWLQGRWXGRLVVR(LVVRpOHJDOWDPEpPSRUTXHpXPDIRUPDGH
HXOHYDUXPSRXFRGLVVRSUDVDODGHDXODQpPHVPRQmRVHQGRQRGLDGDIHVWD
HWDOTXDQGRRVDOXQRVIDODPXPSRXTXLQKRGLVVRHXPHVLQWRXPSRXFRPDLV
SUHSDUDGD SUD GL]HU DOJXPD FRLVD VREUH LVVR DSHVDU TXH HX VHL DLQGD PXLWR
SRXFR PDV HX DFUHGLWR TXH FRQYHUVDU VREUH LVVR Qp H RXYLU D RSLQLmR GH
SHVVRDV>@
1R UHODWR WDPEpP p SRVVtYHO SHUFHEHU FRPR RV GLVFXUVRV H DV YR]HV
H[WUDSRODPRGLDGRHYHQWRTXDQGRDSURIHVVRUD(UHODWDTXHDFUHGLWDVHWUDWDU
GDSUiWLFDSHGDJyJLFDPDLVLPSRUWDQWHGDHVFRODHFRPRHVVDDomRFXUULFXODU
H[WUDSRODRGLDGDIHVWDSRUTXHDGHQWUDDVDXODVGDGRFHQWHGLDVDSyVRHYHQWR
(DGHQWUDFRPGLVFXVV}HVHUHIOH[}HVRTXHQRVUHPHWHPDRVSUHVVXSRVWRVMi
VLQDOL]DGRVGHSURIHVVRUFUtWLFRUHIOH[LYRGHSURIHVVRUFRPRLQWHOHFWXDOHGHXPD
SRVWXUDGHUHHGXFDomRGDVUHODo}HVpWQLFRUDFLDLVSDUDDOpPGHXPGLDHGHXPD
DomR³WXUtVWLFD´eWDPEpPPXLWRVLJQLILFDWLYDQHVVDQDUUDWLYDGHTXHD)HVWDGD
&RQVFLrQFLD1HJUDQmR³DSHQDV´SURPRYHXQRVSURIHVVRUHVHQYROYLGRVFRPD
IHVWD H FRP R 'LD GD &RQVFLrQFLD 1HJUD PDV DOFDQoD VHXV ILOKRV H ILOKDV
DGROHVFHQWHV 2X VHMD FRQILUPD FHUWD SHUFHSomR GH RV WUDEDOKRV HVWmR
GLUHWDPHQWHOLJDGRVDRVGLYHUVRVDWRUHVHPFHQDTXHSRUOiFLUFXODPHDWXDP
FRPRMiFLWDGR
&RQVLGHUDo}HV
$SHVTXLVDTXHGHVHQYROYHPRVQRVSHUPLWLXXP³ROKDU´PDLVDSUR[LPDGR
GD )HVWD GD &RQVFLrQFLD 1HJUD GR &38)0* QHVVHV VHXV DQRV GH
UHDOL]DomR *HQHUDOL]Do}HV FRPR Mi VDOLHQWDGR QmR VHULDP DGHTXDGDV PDV
SHQVDUHPFRPRDVSUiWLFDVHGXFDWLYDVHPWRUQRGDOHJLVODomRGDUHHGXFDomR
GDVUHODo}HVpWQLFRUDFLDLVQR%UDVLOHVWmRVHGHVHQYROYHQGRSRGHPQRVDMXGDU
DSHUFHEHUPRVRTXDQWRFDPLQKDPRVRXQmRQDGLUHomRGRFRPEDWHGRUDFLVPR
HVWUXWXUDO
Ϯϳϴ
Ϯϳϵ
*+(',1(YDQGUR3URIHVVRUUHIOH[LYRGDDOLHQDomRGDWpFQLFDjDXWRQRPLD
GDFUtWLFD,Q3,0(17$6HOPD*DUULGR*+(',1(YDQGUR 2UJV 3URIHVVRU
UHIOH[LYRQR%UDVLOJrQHVHHFUtWLFDGHXPFRQFHLWR3
/,%Æ1(2-RVp&DUORV5HIOH[LYLGDGHHIRUPDomRHSURIHVVRUHVRXWUD
RVFLODomRGRSHQVDPHQWRSHGDJyJLFREUDVLOHLUR",Q3,0(17$6HOPD*DUULGR
*+(',1(YDQGUR 2UJV 3URIHVVRUUHIOH[LYRQR%UDVLOJrQHVHHFUtWLFDGHXP
FRQFHLWR3
3,0(17$6HOPD*DUULGR3URIHVVRU5HIOH[LYRFRQVWUXLQGRXPDFUtWLFD,Q
3,0(17$6HOPD*DUULGR*+(',1(YDQGUR 2UJV 3URIHVVRUUHIOH[LYRQR
%UDVLOJrQHVHHFUtWLFDGHXPFRQFHLWR3
5$1&,Ê5(-DFTXHV$SDUWLOKDGRVHQVtYHOHVWpWLFDHSROtWLFD7UDG
0{QLFD&RVWD1HWWR6mR3DXOR(;2H[SHULPHQWDORUJ(GLWRUD
5,%(,52'MDPLOD3HTXHQR0DQXDODQWLUUDFLVWD6mR3DXOR&LDGDV/HWUDV
6$1720e-XUMR7RUUHV$VFXOWXUDVQHJDGDVHVLOHQFLDGDVQRFXUUtFXOR,Q
6,/9$7RPD]7 RUJ $OLHQtJHQDVQDVDODGHDXOD3HWUySROLV5-9R]HV
3
6&+21'RQDOG$)RUPDUSURIHVVRUHVFRPRSURILVVLRQDLVUHIOH[LYRV,1
1Ï92$$ 2UJ 2VSURIHVVRUHVHVXDIRUPDomR/LVERD'RP4XL[RWHS
BBBBBBBBBBBBBB(GXFDQGRRSURILVVLRQDOUHIOH[LYRXPQRYRGHVLJQSDUDR
HQVLQRHDDSUHQGL]DJHP7UDG5REHUWR&DWDOGR&RVWD±3RUWR$OHJUH$UWHV
0pGLFDV6XO
ϮϴϬ
26086(86($6$/$'($8/$80$$1È/,6('26/,9526
','È7,&26
1DWKDOLD5LEHLUR5LEHLUR
'DUF\OHQH3HUHLUD'RPLQJXHV
-~OLD6LOYHLUD0DWRV
,QWURGXomR
2SUHVHQWHWH[WRSDUWLOKDFRPRFDPSRGD(GXFDomR+LVWyULFDDYLVmRGH
TXH D SDUWLU GH H[SHULrQFLDV FRP HYLGrQFLDV GR SDVVDGR FULDQoDV MRYHQV H
DGXOWRV FRQVWURHP VXDV FRPSUHHQV}HV H VHQWLGRV VREUH D +LVWyULD 1HVVD
GLUHomRQRVVDSHVTXLVDSDUWHGRSUHVVXSRVWRTXHDSDUWLUGHSUREOHPDWL]Do}HV
GRSUHVHQWHDFRPSUHHQVmRGRSDVVDGRVHPDWHULDOL]D,VVRSRUTXHRVDOXQRV
HP +LVWyULD SUHFLVDP FRPSUHHQGHU DV IRUPDV GH YLGD GR SDVVDGR H VXDV
GLIHUHQoDV GR SUHVHQWH GH IRUPD D SHUFHEHUHP SHUPDQrQFLDV H PXGDQoDV
6HQGRDVVLPRHQVLQRGH+LVWyULDDSDUWLUGHH[SHULrQFLDVVHQVtYHLVHPPXVHXV
VHULDRSDOFRGHVWDFDGRSDUDWDLVYLYrQFLDV1RHQWDQWRSDUDTXHRGRFHQWHGH
KLVWyULD FRQVLJD SURSRU DWLYLGDGHV HP PXVHXV H DSUHQGL]DJHQV D SDUWLU GH
H[SHULrQFLDV FRP SDWULP{QLR PDWHULDO DQWHV VHULD QHFHVViULR XP VXSRUWH
GLGiWLFR SDUD VXDV Do}HV TXH YLHVVH FRQWHPSODGR QRV OLYURV GLGiWLFRV
FRQVLGHUDQGRTXHQmRFRPS{VVXDJUDGHGHIRUPDomRQDOLFHQFLDWXUD
3HVTXLVDV TXH WrP FRPR FHUQH D H[SORUDomR GR FDPSR GR (QVLQR GH
+LVWyULD HP HVSDoRV PXVHROyJLFRV YHP SDXODWLQDPHQWH FUHVFHQGR GH IRUPD
H[SUHVVLYDQD~OWLPDGpFDGD$SDUWLUGHXPOHYDQWDPHQWRGR(VWDGRGD$UWHHP
WRUQRGDWHPiWLFDTXHVHIRFDOL]RXQDEXVFDSRUSURGXo}HVTXHWLYHVVHP³HQVLQR
GHKLVWyULD´H³PXVHXV´FRPRIRFRHVVDDILUPDomRSRGHVHUFRUURERUDGD(VVD
7UDEDOKRGHVHQYROYLGRFRPIRPHQWRGR&13TSDUDRSURMHWR$SUHQGL]DJHP+LVWyULD0HPyULD
&XOWXUDH6HQVLELOLGDGHVQRVROKDUHVQRVHVSDoRVPXVHROyJLFRV
*UDGXDQGD GR FXUVR GH +LVWyULD /LFHQFLDWXUD GD 8QLYHUVLGDGH )HGHUDO GR 5LR *UDQGH
ULEHLURYQDWKDOLD#JPDLOFRP
'RXWRUDQGDGR3URJUDPDGH3yV*UDGXDomRHP+LVWyULDQD8QLYHUVLGDGH)HGHUDOGH3HORWDV
GDUF\OHQHGRPLQJXHV#JPDLOFRP
'RXWRUD HP +LVWyULD SURIHVVRUD GD 8QLYHUVLGDGH )HGHUDO GR 5LR *UDQGH &RRUGHQDGRUD GR
SURMHWR0XVHXVHDSUHQGL]DJHQVVHQVtYHLV&RRUGHQDGRUDGR3URJUDPDGHSyVJUDGXDomRHP
+LVWyULDGD8QLYHUVLGDGH)HGHUDOGR5LR*UDQGHMXOBPDWRV#KRWPDLOFRP
Ϯϴϭ
SHVTXLVDUHDOL]DGDQRFDPSR%XVFDGH$VVXQWRGD&$3(6 &RRUGHQDomRGH
$SHUIHLoRDPHQWR GH 3HVVRDO GH 1tYHO 6XSHULRU QR FDWiORJR GH WHVHV H
GLVVHUWDo}HV DVVLQDODGR R LWHP SHULyGLFR UHYLVDGRV SRU SDUHV QR LGLRPD
SRUWXJXrVFRPGDWDGHSXEOLFDomRHQWUHHGHPRQVWURXTXH
WUDEDOKRV GHQWUH HVWHV GLVVHUWDo}HV GH PHVWUDGR H WHVHV GH
GRXWRUDGRUHIHUHQGDGRVVHHQYHUHGDPSRUHVWDSHUVSHFWLYD
(VVHV Q~PHURV TXH QRV SDUHFHP DVWURQ{PLFRV VH UHGX]HP
GUDVWLFDPHQWH TXDQGR DOWHUDPRV RV WHUPRV SDUD ³HQVLQR GH +LVWyULD HP
PXVHXV´ D TXDQWLGDGH GH WUDEDOKRV FDL UDGLFDOPHQWH SDUD WUDEDOKRV H
TXDQGR PRGLILFDPRV PDLV XPD YH] R WHUPR SDUD ³$SUHQGL]DJHP KLVWyULFD HP
HVSDoRV PXVHROyJLFRV´ QmR ORFDOL]DPRV WUDEDOKRV UHIHUHQWHV (VVH
OHYDQWDPHQWRGHPRQVWUDTXHSHVTXLVDVYROWDGDVHVSHFLILFDPHQWHSDUDDQDOLVDU
FRPR VH UHDOL]DP DV H[SHULrQFLDV GH HQVLQR H DSUHQGL]DJHP KLVWyULFD HP
HVSDoRV PXVHROyJLFRV GHVHQYROYLGDV SRU SURIHVVRUHV GH +LVWyULD QmR YHP
VHQGRIRFRGHWUDEDOKRV
0DV TXDO R PRWLYR GHVVD ODFXQD" &RP IRFR HP UHVSRQGHU D HVVD
SUREOHPiWLFDSURSRPRVQRSUHVHQWHWUDEDOKRDQDOLVDUFRPRHVVDWHPiWLFDYHP
VHQGRWUDEDOKDGDQRVOLYURVGLGiWLFRVGHFLrQFLDVKXPDQDVHVRFLDLVDSOLFDGDVD
SDUWLU GH j YLVWD GD 5HIRUPD GR (QVLQR 0pGLR GLVWULEXtGRV QDV HVFRODV
PXQLFLSDLVGH5LR*UDQGHQR5LR*UDQGHGR6XO,VWRSRUTXHSHQVDURHQVLQR
GHKLVWyULDHPRXWURVHVSDoRVFRQWULEXLSDUDDSUHQGL]DJHQVVLJQLILFDWLYDV1HVVD
SHUVSHFWLYDRVPDWHULDLVGHVXSRUWHSDUDDGRFrQFLDHP+LVWyULDVmRXPUHFXUVR
IXQGDPHQWDOSDUDRSURIHVVRUSODQHMDUVXDVDo}HVH[WHUQDVjVDODGHDXOD
'HVVHPRGRREMHWLYDPRVHPQRVVDDQiOLVHWHFHUFRQVLGHUDo}HVWHyULFDV
VREUHRSDSHOFHQWUDOTXHROLYURGLGiWLFRRFXSDQRHVSDoRHVFRODUDSUHVHQWDQGR
DDQiOLVHFRQMXQWXUDOGHVVHVOLYURVHQIRFDQGRVHVHKiDSUHVHQoDRXDXVrQFLD
QHVVHVOLYURVGLGiWLFRVGHDWLYLGDGHVYROWDGDVDDo}HVGHHQVLQRGHKLVWyULDHP
HVSDoRVPXVHROyJLFRV
2VOLYURVGLGiWLFRVHRVPXVHXV
2VOLYURVGLGiWLFRVVmRRVUHFXUVRVPDLVXWLOL]DGRVSHORVSURIHVVRUHVQRV
DPELHQWHVHVFRODUHV&RPRDSRQWD0DWRV S LVVRVHGHYHHPHVVrQFLD
ϮϴϮ
Ϯϴϯ
HVSpFLHGHSURGXWR³DXWRUDOHGLWRULDOHPHUFDQWLO´RXVHMDHQTXDQWRPHUFDGRULD
XPSURGXWRTXHpLQGXVWULDOL]DGRHFRPHUFLDOL]DGR³FRPFDUDFWHUtVWLFDVSUySULDV
H TXH FXPSUH REMHFWLYRV HVSHFtILFRV QRV SODQRV FLHQWtILFR VRFLDO H FXOWXUDO´
&RQIRUPH DSRQWD 0RQWHLUR S >@ RV DXWRUHV DR SURGX]LU OLYURV
GLGiWLFRV LQWHUSUHWDP DV RULHQWDo}HV RILFLDLV RX VHMD DV UHHODERUDP VHJXQGR
VXDV LGHLDV SHGDJyJLFDV H DR PHVPR WHPSR LQFRUSRUDP H[SHFWDWLYDV GRV
SURIHVVRUHVEXVFDQGRDWUDtORVSDUDRVHXFRQVXPR
$VVLP HVVH UHFXUVR HQTXDQWR XP SURGXWR GD VRFLHGDGH GH FRQVXPR
DFDEDSRUVHPDWHULDOL]DUHQTXDQWRXPUHVXOWDGRGH³>@SHVTXLVDVGHPHUFDGR
FRPRTXDOTXHURXWURLWHPGHFRQVXPRGLiULRLQVHULGRQDVOHLVGRPDUNHWLQJ
VXDIHLWXUDREHGHFHjVLQGLFDo}HVHRULHQWDo}HVGDVSROtWLFDVHGXFDFLRQDLVHGDV
GLVFXVV}HVSHGDJyJLFDVGRPRPHQWR 0$726S VHDMXVWDQGRDRV
FLUFXQVWDQFLDOLVPRVHjVSUHUURJDWLYDVGDVSROtWLFDVGDHGXFDomRDOLDGRjOyJLFD
LQGXVWULDOHFXOWXUDOGRVLVWHPDFDSLWDOLVWD'HVVDIRUPDROLYURGLGiWLFRDVVXPH
QD YLGD HVFRODU XP SDSHO GH LQVWUXPHQWR GH ³UHSURGXomR GH LGHRORJLDV H GR
VDEHURILFLDOSRUGHWHUPLQDGRVVHWRUHVGRSRGHUHSHOR(VWDGR´%LWWHQFRXUW
SDSXG0$726S
3DUWLQGR GHVVHV SUHVVXSRVWRV 0DWRV SRU PHLR GH %LWWHQFRXUW
GHWHUPLQDTXHHVVHUHFXUVRDSUHVHQWDWUrVHVIHUDV
>@DSULPHLUDpGHWUDGXWRUGRVFRQKHFLPHQWRVDFDGrPLFRVSDUD
XPDOLQJXDJHPSUySULDGRVDEHUHVFRODURXVHMDHOHGHWpPH
VLVWHPDWL]DRVFRQWH~GRVDVHUHPHQVLQDGRVQDVDODGHDXODD
VHJXQGD HVIHUD UHIOHWH VHX SDSHO SHGDJyJLFR SRLV DSUHVHQWD
XPDVpULHGHWpFQLFDVHPpWRGRVGHHQVLQRDSUHQGL]DJHPFRPR
VXJHVWmR GH DSOLFDomR SDUD R SURIHVVRU DSUHVHQWDQGR IRUPDV
SRVVtYHLV GH FRPR R FRQWH~GR TXH HOH RIHUHFH GHYHULD VHU
HQVLQDGRHSRUILP>@ROLYURGLGiWLFRpXPLPSRUWDQWHYHtFXOR
SRUWDGRUGHXPVLVWHPDGHYDORUHVGHXPDLGHRORJLDGHXPD
FXOWXUD 0$726S
,GHRORJLD FXOWXUDO GD FODVVH GRPLQDQWH TXH HP FDGD VRFLHGDGH
GHWHUPLQDXPDPDWUL]GH+LVWyULDTXHGHPDUFDDFRQVFLrQFLDFROHWLYDGHFDGD
UHVSHFWLYDVRFLHGDGH(VVDPDWUL]pMXVWDPHQWHRTXHFRQWULEXLSDUDDVHOHomR
GHFRQWH~GRVFRQVLGHUDGRVHVVHQFLDLVHLQGLVSHQViYHLVQRHQVLQRGHKLVWyULD
HQTXDQWRRXWURVVmRGHL[DGRVGHIRUD³>@,VVRSRUTXHRVVXMHLWRVWDQWRDXWRUHV
TXDQWR SURIHVVRUHV HVWmR LQVHULGRV GHQWUR GH XPD FRQMXQWXUD GH WUDGLo}HV GH
Ϯϴϰ
Ϯϴϱ
Ϯϴϲ
OD]HU GH XPD FLGDGH´$ SDUWLU GD DQiOLVH GR HVSDoR GD FLGDGH HQTXDQWR XP
DPELHQWHTXHSURSLFLDROD]HURVPXVHXVVmRLQGLFDGRVSRUPHLRGHZHEVLWHV
SDUDTXHRVDOXQRVRVDFHVVHPWHQGRHPYLVWDTXHHVWHVHVSDoRVVmRLQGLFDGRV
FRPRGH³OD]HU´3HUJXQWDVQRUWHDGRUDVFRPR³RTXHPDLVFKDPRXVXDDWHQomR
QRPXVHX"'HTXHREUDVGRDFHUYRYRFrPDLVJRVWRX"3RUTXr"´FRPS}HPR
FRUSRGDDWLYLGDGH
0HQo}HV D PXVHXV FRPR H[HPSORV GH DPELHQWHV FXOWXUDLV TXH
FRQVWURHP LGHQWLGDGHV FROHWLYDV IRUDP HQFRQWUDGDV QD HGLomR ³6HU
SURWDJRQLVWD´DVVLPFRPRDVXJHVWmRGRDUWLYLVPRXWLOL]DQGRH[SRVLo}HVGHDUWH
HPXVHXVFRPRH[HPSOLILFDomRWDPEpPIRUDPHQFRQWUDGDVHP³*OREDOL]DomR
WHPSRHHVSDoR´&RQWXGRDSHVDUGDDOXVmRDRVHVSDoRVPXVHROyJLFRVHVWHV
QmR IRUDP RV HQIRTXHV HP QHQKXP GRV FDVRV DVVLP FRPR QmR KRXYH D
SURSRVLomR GH QHQKXPD DWLYLGDGH UHODFLRQDGD D WHPiWLFD 3RUWDQWR HVWHV
H[HPSORVQmRIRUDPFRQVLGHUDGRVSDUDDDQiOLVH
(VVDSRXFDH[SUHVVLYLGDGHQRTXHWDQJHDSURSRVLomRGHDWLYLGDGHVQRV
HVSDoRV PXVHDLV HYLGHQFLD XP GpILFLW VLJQLILFDWLYR QR HQVLQR HP UHODomR j
WHPiWLFD 3DUD :LOGHU S D HGXFDomR HP XP VHQWLGR DPSOR p
DSRQWDGD FRPR ³>@ XPD GDV SULQFLSDLV IHUUDPHQWDV VRFLDLV QR PXQGR
FRQWHPSRUkQHR TXH SRGH FDSDFLWDU RV H[FOXtGRV D HQIUHQWDUHP RV QRYRV
GHVDILRVJHUDGRVSHODJOREDOL]DomRHSHORDYDQoRWHFQROyJLFR´HVmRSURItFXRV
WDQWR SDUD D iUHD ³GD SURGXomR LQGXVWULDO TXDQWR H SULQFLSDOPHQWH QD GD
LQIRUPDomR H GH VHUYLoRV´ 3DUD LVVR D DXWRUD DSRQWD TXH RV VDEHUHV
QHFHVViULRVSDUDDHGXFDomRGRIXWXURGHYHPVHUWUDQVGLVFLSOLQDUHV³GHVWLQDGRV
DFULDUQRYDVPDQHLUDVGHFRQKHFHUHSHUFHEHUVHQRPXQGR´'HVVHPRGR
>@ R HVSDoR GRV PXVHXV QHVVH TXDGUR FRQVWLWXLVH QXP
LPSRUWDQWHFDPSRSDUDDHGXFDomRQmRIRUPDOPXOWLGLVFLSOLQDU
SOXUDO 3URJUDPDV RULHQWDGRV SDUD D FULDomR GH RSRUWXQLGDGHV
SDUD D SHUFHSomR GH FRQWRUQRV PDLV GHILQLGRV GH WHPSR H GH
HVSDoRV PDLV HQUDL]DGRV TXH SURSRUFLRQHP H[SHULrQFLDV TXH
FRQGX]DP D QRYDV H[SHULrQFLDV TXH SURGX]DP QDUUDWLYDV
FRQVLVWHQWHV RV QRYRV PDSDV SURILVVLRQDLV H[LJHP QRYDV
GHVWUH]DV OyJLFDV FDEH j HGXFDomR SHQVDU HP HVSDoRV TXH
RIHUHoDPSRVVLELOLGDGHVGHGHVHQYROYLPHQWRGHVVDVGHVWUH]DV
QDVYiULDVFRQVWHODo}HV :,/'(5S
$o}HV VRFLDLV H SROtWLFDV SURGX]LGDV SRU SHVVRDV RX FROHWLYRV TXH VH YDOHP GH HVWUDWpJLDV
DUWtVWLFDVHVWpWLFDVRXVLPEyOLFDVSDUDDPSOLILFDUVHQVLELOL]DUHSUREOHPDWL]DUSDUDDVRFLHGDGH
FDXVDVHUHLYLQGLFDo}HVVRFLDLV
Ϯϴϳ
Ϯϴϴ
PHQVDJHPGRPtQLRHVVHDGTXLULGRDRORQJRGRWHPSRLQLFLDGR
QR kPELWR IDPLOLDU SRU PHLR GD YLVLWDomR SUHFRFH DRV PXVHXV
FULDQGRXPVHQWLPHQWRGHIDPLOLDULGDGH :,/'(5S
&RPRDSRQWDGRQDVHomRDQWHULRUROLYURGLGiWLFRFRPRXPSURGXWRGD
FXOWXUDFDSLWDOLVWDGRPLQDQWHQDFRQWHPSRUDQHLGDGHVLWXDGRQRQRYRFRQWH[WR
GR HQVLQR PpGLR D SDUWLU GD /HL GH IHYHUHLUR GH LPSOHPHQWDGD
HVVHQFLDOPHQWHQR~OWLPRDQRDRVXSULPLUGHVHXFRQWH~GRRVPXVHXVHYLGHQFLD
TXHHVVDFXOWXUDGRPLQDQWHTXHUHFRQKHFHRVHVSDoRVPXVHDLVFRPRHOLWLVWDV
GHWHQWRUHV GH FDSLWDLV VLPEyOLFRV GH XPD SHTXHQD EXUJXHVLD QmR GHYH VHU
DFHVVDGRGHIRUPDDPSODSHODVRFLHGDGH2TXHIDYRUHFHRQmRUHFRQKHFLPHQWR
GRVVXMHLWRVQHVVHVHVSDoRV
'HVVH QmR UHFRQKHFLPHQWR VHGHVYHODP UHODo}HV PDO FRQVWUXtGDVTXH
VHUHIOHWHPHPSUiWLFDVTXHSRGHPRVGHVWDFDUFRPRDGHSUHGDomRGHSUpGLRV
HPRQXPHQWRVDQWLJRV RXWDPEpPFKDPDGRVKLVWyULFRV PXLWRVMiWRPEDGRV
FRPRSDWULP{QLR+LVWyULFRUXDVHSUDoDVPRQXPHQWRVS~EOLFRVHWF$OpPGHVVH
DVSHFWR WDPEpP FRPXPHQWH RXYLPRV HQWUH DOXQRV GD HGXFDomR EiVLFD TXH
HOHV QmR JRVWDP GH +LVWyULD R TXH GHPRQVWUD D GHVFRQH[mR DWXDO HQWUH DV
VRFLHGDGHVHVHXSDVVDGRDTXLQHVWHFDVRGDMXYHQWXGHEUDVLOHLUDHFRPVXD
SUySULD KLVWyULD H VXD LGHQWLGDGH TXH SRGH RX QmR HVWDU UHSUHVHQWDGD QHVVHV
HVSDoRV
3RUWDQWR VHJXQGR :LOGHU S DV DWLYLGDGHV GH HQVLQR
GLUHFLRQDGDVDRVHVSDoRVPXVHROyJLFRVVmRLPSRUWDQWHVSRLVVmRFDSD]HVGH
>@D IDYRUHFHUDIRUPDomRGHFULDQoDVFRPXPDSUHVHQoDPDLV
DWHQWD H FUtWLFD GR PXQGR FRQKHFHGRUD GH VXD FXOWXUD
HVSHFLDOPHQWH DTXHODV TXH VH HQFRQWUDP PDUJLQDOL]DGDV GDV
RSRUWXQLGDGHVHH[LJrQFLDVFULDGDVSHODVRFLHGDGHDWXDOE DEULU
HVSDoRVSDUDDFULDomRGHFLUFXQVWkQFLDVPDLVIDYRUiYHLVDRVHX
FUHVFLPHQWR LQWHOHFWXDO H HPRFLRQDO F WUDEDOKDU R VHX
LPDJLQiULRDWUDYpVGDDUWHDFRQWHPSRUkQHDHPHVSHFLDOFRPR
PRGHORLQWHUIHULQGRQDFULVWDOL]DomRGRVFHUFDPHQWRVLPSRVWRV
SHOD FXOWXUD PDVVLYD HP TXH YLYH EHP FRPR SDUD R
HQULTXHFLPHQWRGRVPRGHORVLQWHUQRVGRHGXFDQGRGHPRGRD
IRUWDOHFHUOKHVDDXWRHVWLPDHHVWLPXODUOKHVDFULDWLYLGDGHHVXD
FDSDFLGDGH GH UHVROYHU SUREOHPDV RX VHMD R VHX JUDX GH
LQYHQWLYLGDGH
&RPRSRQWXDGRQRLQtFLRGHVWDVHomRDQmRUHIHUrQFLDDRVPXVHXVRXD
SURSRVLomRGHDWLYLGDGHVQHVVHVHVSDoRVLQGLFDDSDUWLUGHVWDHODERUDomRLQLFLDO
XPDODFXQDVLJQLILFDWLYDQRWDQJHQWHDHODERUDomRGHDWLYLGDGHVIRUPDWLYDVTXH
FDSDFLWHP HVWXGDQWHV SDUD LQVHULUHPVH QHVVHV DPELHQWHV SOHQDPHQWH GH
Ϯϴϵ
PDQHLUD TXH HVWHV PHVPRV VXMHLWRV SRVVDP DGTXLULU XPD SRVWXUD FUtWLFD H
FULDWLYDIUHQWHjVWHPiWLFDVTXHHQYROYHPHSHUPHLDPRVDPELHQWHVGRVPXVHXV
&RQVLGHUDo}HVILQDLV
&RUURERUDQGRDLGHLDGH/RSHV RVPXVHXVKLVWyULFRVSRGHPVHU
FRPSUHHQGLGRVHQTXDQWRHVSDoRVGHPHPyULDGHIRUPDTXHDDSUHQGL]DJHP
QHVVHVDPELHQWHVRFRUUHGHPDQHLUDGLIHUHQFLDGDGDDSUHQGL]DJHPHVFRODUVH
FDUDFWHUL]DQGR FRPR SRQWXDP$OPHLGD H 0DUWLQH] S ³SRU IDWRUHV
FRPR D UHODomR FRP R REMHWR PXVHDO H R DPELHQWH ItVLFR R YROXQWDULVPR D
OXGLFLGDGHDPXOWLVHQVRULDOLGDGHHHPTXHULWPRHDQmRVHTXHQFLDOLGDGHHQWUH
RXWURV´1HVVHVHQWLGRDUHODomRLQWHUGLVFLSOLQDUFRQWH[WXDOL]DGDjUHDOLGDGHGRV
VXMHLWRV TXH VH LQVHUHP QHVVH SURFHVVR SURSLFLD DSUHQGL]DJHQV TXH
WUDQVFHQGDP GDGRV H LQIRUPDo}HV H[SRVWDV GH IRUPD TXH RV HQYROYLGRV
DGTXLUDPXPDSRVWXUDFUtWLFDHFULDWLYDVREUHDVWHPiWLFDVPXVHDLVHDSUySULD
UHDOLGDGHDRHQWRUQR
1HVVDGLUHomRDODFXQDH[LVWHQWHQRVOLYURVGLGiWLFRVREMHWRVTXHDWXDP
FRPR SURWDJRQLVWDV QR HQVLQR GH KLVWyULD GD HGXFDomR EiVLFD UHIHUHQWH D
WHPiWLFD GRV PXVHXV HYLGHQFLD TXH HVWH DLQGD p XP WHPD SRXFR H[SORUDGR
VREUHWXGR TXDQGR VH SDXWD D H[WUDSRODomR GR DPELHQWH IRUPDO H TXH SULRUL]H
XPDDERUGDJHPTXHVHGLVWLQJDGDGHOLQHDGDSHOD(GXFDomR3DWULPRQLDO,VWR
SRVWRRSURMHWR³$SUHQGL]DJHPKLVWyULFDPHPyULDFXOWXUDHVHQVLELOLGDGHVQRV
ROKDUHV QR HVSDoR PXVHROyJLFR´ FXMR XP GRV REMHWRV GH SHVTXLVD IRUDP RV
SUySULRV OLYURV GLGiWLFRV HQVHMD SURSRU GLVFXVV}HV HP WRUQR GR HQVLQR GDV
DSUHQGL]DJHQV GD PHPyULD H GR UHJLPH GH WHPSR DWUDYpV GD SHUVSHFWLYD GD
H[SHULrQFLD GH MRYHQV HVWXGDQWHV GH +LVWyULD QRV PXVHXV GD &LGDGH GH 5LR
*UDQGH H GD )RWRWHFD 5LFDUGR *LRYDQQLQL SDUD DOpP GRV GHEDWHV VREUH RV
GHVDILRV TXH HQYROYHP RV SURFHVVRV H FHQiULRV GH HQVLQRDSUHQGL]DJHP
FRQWHPSRUkQHRVVHPQRHQWDQWRSHUGrORVGHIRFR
'HVVHPRGRRSURMHWRYLVDGHPRQVWUDURSDSHOGHSUiWLFDVGHHQVLQRGH
+LVWyULDHPHVSDoRVPXVHROyJLFRV1HVWDHWDSDDDQiOLVHGRVOLYURVGLGiWLFRV
UHIRUoD D KLSyWHVH GH TXH R HQVLQR GRV FRQKHFLPHQWRV QD iUHD GH +LVWyULD
ϮϵϬ
SUHFLVDP VHU UHIRUPXODGRV QR VHQWLGR GH HQJOREDUHP RV PXVHXV FRPR
IHUUDPHQWDVSURStFLDVSDUDRHQVLQRHDSUHQGL]DJHPKLVWyULFDV
5HIHUrQFLDV
$/0(,5$3LODU 0$57,1(=$OEHUWLQD0LWMiQV$VSHVTXLVDVVREUH
DSUHQGL]DJHPHPPXVHXVXPDDQiOLVHVREDyWLFDGRVHVWXGRVGD
VXEMHWLYLGDGHQDSHUVSHFWLYDKLVWyULFRFXOWXUDO5HYLVWD&LrQFLD (GXFDomR
%DXUXYQS
%,77(1&2857&LUFH0DULD)HUQDQGHV/LYURVGLGiWLFRVHQWUHWH[WRVH
LPDJHQV,Q0$726-~OLD6LOYHLUD(QVLQRGHKLVWyULDGLYHUVLGDGHHOLYURV
GLGiWLFRVKLVWyULDSROtWLFDVHPHUFDGRHGLWRULDO5LR*UDQGH(GGD
8QLYHUVLGDGH)HGHUDOGR5LR*UDQGH
%5$6,//HLGH'LUHWUL]HVH%DVHVGD(GXFDomR1DFLRQDO/'%
%5$6,/
%5$6,/0LQLVWpULRGD(GXFDomR%DVH1DFLRQDO&RPXP&XUULFXODU
%UDVtOLD
0$*$/+(6-XVWLQR2PDQXDOHVFRODUQRTXDGURGDKLVWyULDFXOWXUDO
SDUDXPDKLVWRULRJUDILDGRPDQXDOHVFRODUHP3RUWXJDO6tVLIR5HYLVWDGH
&LrQFLDVGD(GXFDomRQS
0$726-~OLD6LOYHLUD(QVLQRGHKLVWyULDGLYHUVLGDGHHOLYURVGLGiWLFRV
KLVWyULDSROtWLFDVHPHUFDGRHGLWRULDO5LR*UDQGH(GGD8QLYHUVLGDGH)HGHUDO
GR5LR*UDQGH
0217(,52$QD0DULD3URIHVVRUHVHOLYURVGLGiWLFRVQDUUDWLYDVHOHLWXUDV
QRHQVLQRGHKLVWyULD,Q52&+$+HOHQLFH$SDUHFLGD%DVWRV5(=1,./XtV
0$*$/+(60DUFHORGH6RX]D$KLVWyULDQDHVFRODDXWRUHVOLYURVHOHLWXUDV
5LRGH-DQHLUR(GLWRUD)*9S
9,(,5$*XLOKHUPH/RSHV2PXVHXFRPROXJDUGHPHPyULDRFRQFHLWRHP
XPDSHUVSHFWLYDKLVWyULFD0RVDLFRYQS
:,/'(5*DEULHOD6X]DQD,QFOXVmRVRFLDOHFXOWXUDODUWHFRQWHPSRUkQHDH
HGXFDomRHPPXVHXV6mR3DXOR(G81(63
(GLWDO1±&*3/,31/''LVSRQtYHOHP
KWWSVZZZJRYEUIQGHSWEUDFHVVRDLQIRUPDFDRDFRHVH
SURJUDPDVSURJUDPDVSURJUDPDVGROLYURFRQVXOWDVHGLWDLVHGLWDLVHGLWDOSQOG
(',7$/B31/'BB&2162/,'$'2
BBB5(7,),&$&$2BSGI$FHVVRHPGHGH]HPEURGH
Ϯϵϭ
3$75,0Ð1,23$5$2(16,12'(+,67Ï5,$%(16&8/785$,6
$)52%5$6,/(,52($35È;,6$17,55$&,67$
6LOYkQLDGH-HVXV3LQD
3DWULP{QLR0HPyULDH$SUHQGL]DJHP+LVWyULFD
eSRVVtYHOSHQVDURSDWULP{QLRFRPRXPLQVWUXPHQWRSDUDFRQVWUXomRGH
FRQKHFLPHQWRKLVWyULFRHFRPRXPDHVWUDWpJLDGHHQVLQR3RULVVRXPDSROtWLFD
GHSUHVHUYDomRGRSDWULP{QLRDEUDQJHQHFHVVDULDPHQWHXPkPELWRPDLRUTXHR
GH XP FRQMXQWR GH DWLYLGDGHV YLVDQGR j SURWHomR GH EHQV 'H DFRUGR FRP
)RQVHFD S ³p LPSUHVFLQGtYHO TXHVWLRQDU R SURFHVVR GH SURGXomR
GHVVHXQLYHUVRTXHFRQVWLWXLXPSDWULP{QLRRVFULWpULRVTXHUHJHPDVHOHomRGH
EHQVHMXVWLILFDPVXDSURWHomR
2 SDWULP{QLR HVWLPXOD D EXVFD GH FRQKHFLPHQWR GD +LVWyULD SHOD
SUREOHPDWL]DomR GR FRWLGLDQR H QmR SHOD SURGXomR GH LQIRUPDo}HV H SHOD
PHPRUL]DomR$RIDODUVREUHSDWULP{QLRSDUDRHQVLQRGHKLVWyULDpQHFHVViULR
FRQVLGHUDUDVSHUFHSo}HVGHTXHRSDWULP{QLRSRGHVHUSDVVtYHOGHOHLWXUDVGH
PXQGR SRU SDUWH GRV VXMHLWRV H GH VHXV VHQWLPHQWRV GH SHUWHQFLPHQWR RX
HVWUDQKDPHQWR =$5%$72 e VREUH HVVH SURFHVVR GH DSUHQGL]DJHP
KLVWyULFDTXHDVH[SHULrQFLDVGHOHLWXUDVGDUHDOLGDGHSRGHPWHUVLJQLILFDGRVH
VHUHPXWLOL]DGDVFRPRSRVVtYHLVIRQWHVQRSURFHVVRGHHQVLQR
7UDWDVH GH XPD GLPHQVmR UHOHYDQWH j IRUPDomR FLGDGm SRU LVVR p
SHUWLQHQWHTXHVHMDPREVHUYDGDVDVSROtWLFDVGHSUHVHUYDomRGRSDWULP{QLRHQR
FDVR GRV SDWULP{QLRV KLVWyULFRV H DUWtVWLFRV QDFLRQDLV R YDORU TXH SHUPHLD R
FRQMXQWR GH EHQV p IXQGDGR HP XP VHQWLPHQWR GH SHUWHQFLPHQWR D XPD
FRPXQLGDGH )216(&$ (PYLVWDGLVVR³DLGHLDPRGHUQDGHSDWULP{QLR
HVWi OLJDGD DR LPSXOVR GH SUHVHUYDomR GH EHQV PDWHULDLV H LPDWHULDLV TXH
HPHUJHGRVRFLDOeXPDIRUPDGHUHODomRFRPRSDVVDGRXPVHQWLPHQWRTXH
UHYHODRGHVHMRGHHWHUQL]DUWUDoRVHPDUFDVGRVJUXSRVKXPDQRV´ '¶$/(66,2
S &RQWXGR³RVGHEDWHVVREUHRSDWULP{QLRYLVDPHP~OWLPDLQVWkQFLD
8QLYHUVLGDGH)HGHUDO5XUDOGH3HUQDPEXFR
VLOYDQLDMHVXVSLQD#JPDLOFRP
ϮϵϮ
WUD]HUFRQWULEXLo}HVSDUDXPDDomRSDWULPRQLDOTXHEHQHILFLHXPDFROHWLYLGDGH´
./(,1S
$OpP GLVVR D H[SDQVmR GR SDWULP{QLR SRGH VHU UHODFLRQDGD D
QHFHVVLGDGH GH XP DODUJDPHQWR GR FRQFHLWR GH LGHQWLGDGH QDFLRQDO 1mR
REVWDQWH ³HVWH QmR p XP OXJDU WUDQTXLOR SULQFLSDOPHQWH TXDQGR R KLVWRULDGRU
EXVFDTXHVWLRQDUDVQDUUDWLYDVFRQVWUXtGDVHPWRUQRGDLGHQWLGDGHQDFLRQDOHP
VXDUHODomRFRPRSDWULP{QLRHGDVMXVWLILFDWLYDVFRQVWUXtGDVSDUDDFRQVWLWXLomR
GR PHVPR´ *8,//(1 S $R HVFROKHU XP WHPD RX ORFDO RQGH R
REMHWLYR VHMD GH WUDQVIRUPiOR HP XP SDWULP{QLR GHYH VHU OHYDGR HP FRQWD R
VHXYDORUSDUDDVXDFRPXQLGDGH
3RGHPRVSRLVFRQVLGHUDUTXHRFKDPDGRSDWULPyQLRFXOWXUDOHQJORED
WDQWR R KLVWyULFR FRPR R HFROyJLFR R DUWtVWLFR H R FLHQWtILFR 3RU VXD YH] ³R
FRQFHLWR GH SDWULPyQLR KLVWyULFR QmR HVWi PDLV UHVWULWR DR GLWR SDWULPyQLR
HGLILFDGR D FKDPDGD GLPHQVmR SHGUD H FDO PDV WDPEpP R SDWULPyQLR
GRFXPHQWDOHDUTXLYtVWLFRELEOLRJUiILFRKHPHURJUiILFRLFRQRJUiILFRRUDOYLVXDO
PXVHROyJLFR´ 25,È S 2 FRQFHLWR GH SDWULP{QLR VH UHIHUH DR
FRQMXQWRGHEHQVTXHDWHVWDPD+LVWyULDGHXPDGDGDVRFLHGDGHHID]SDUWHGH
XPDFHUYRFXOWXUDOTXHGHYHVHUSUHVHUYDGRSRUWRGDDFRPXQLGDGH
'H XP PRGR JHUDO ³D DPSOLDomR GD QRomR GH SDWULP{QLR WHP VLGR
H[SOLFDGDHPIXQomRGDJXLQDGDDQWURSROyJLFDQRkPELWRGDVFLrQFLDVVRFLDLVD
SDUWLUGDTXDODFXOWXUDSDVVRXDVHUREVHUYDGDFRPRSURFHVVRHDVUHODo}HV
FRWLGLDQDV WRUQDUDPVH REMHWRV GH LQYHVWLJDomR´ &+89$ S 2
SDWULP{QLR QmR p PDLV DSHQDV R SDVVDGR Mi TXH VXD ILQDOLGDGH FRQVLVWH HP
FHUWLILFDUDLGHQWLGDGHHHPDILUPDUYDORUHVFRPRGHVWDFD3RXORW S
³SDWULP{QLRGHYHVHUHQWHQGLGRFRPRXPDIRUPDGDUHRUJDQL]DomRUDFLRQDOGRV
3RU QmR VHU D FROHWLYLGDGH XPD VRPD GH LQGLYtGXRV HVWiYHLV H XQtYRFRV ILFD HYLGHQFLDGR
WDPEpP TXH R GHEDWH VREUH R SDWULP{QLR p XPD TXHVWmR TXH QXQFD VH HVJRWD H D DomR
SUHWHQGLGDQmRpVLPSOHVGHVHGHILQLU ./(,1S
$LQYHQomRSDWULPRQLDOVHLQVFUHYHHPXPFDPSRSROtWLFRHPTXHPHPyULDVVmRGLVSXWDGDVD
GHSHQGHUGRVSURMHWRVSROtWLFRVHPSDXWDQXPSURFHVVRTXHQHFHVVLWDVHUSHQVDGRSDUDTXHD
SUySULDQRomRGHSDWULP{QLRSRVVDHQWmRVHUGHVQDWXUDOL]DGD$HVVDGLVFXVVmRRV
KLVWRULDGRUHVWrPGDGRFRQWULEXLo}HVVLJQLILFDWLYDV *8,//(1S
2$UWLJRGD&RQVWLWXLomR1DFLRQDOGR%UDVLOGHGHILQHRSDWULP{QLRKLVWyULFRFXOWXUDO
FRPRVHQGRRVEHQVGHQDWXUH]DPDWHULDOHLPDWHULDOWRPDGRVLQGLYLGXDOPHQWHRXHPFRQMXQWR
SRUWDGRUHVGHUHIHUrQFLDjLGHQWLGDGHjDomRjPHPyULDGRVGLIHUHQWHVJUXSRVIRUPDGRUHVGD
VRFLHGDGHEUDVLOHLUD %5$6,/
Ϯϵϯ
UHFXUVRV SDUD D QRYD FROHWLYLGDGH DR FRQWUiULR GRV XVRV TXH HVWD RX DTXHOD
KHUDQoDSRGHULDWHULPSRVWRDQWHULRUPHQWHDGHWHUPLQDGDFRPXQLGDGH´
(P SUHVHQoD GD UHIOH[mR GR DXWRU SUHFLVDPRV GHVWDFDU R SDSHO GD PHPyULD
HQWHQGLGRQRSUHVHQWHHVWXGRFRPRXPIDWRUFKDYHSDUDDQiOLVHGRSDWULP{QLR1HVVH
VHQWLGR³DPHPyULDFROHWLYDID]SDUWHGDVFODVVHVGRPLQDQWHVHGDVFODVVHVGRPLQDGDV
OXWDQGRWRGDVSHORSRGHURXSHODYLGDSHODVREUHYLYrQFLDHSHODSURPRomR´ /(*2))
S 1RHQWDQWRFDEHGHVWDFDUTXH³DPHPyULDGHXPDVRFLHGDGHVH
HVJRWDOHQWDPHQWHVREUHDVERUGDVTXHDVVLQDODPVHXVOLPLWHVjPHGLGDHP
TXHVHXVPHPEURVLQGLYLGXDLVVREUHWXGRRVPDLVYHOKRVGHVDSDUHoDPRXVH
LVROHP HOD QmR FHVVD GH VH WUDQVIRUPDU H R JUXSR HOH SUySULR PXGD VHP
FHVVDU´ +$/%:$&+6S
7RGDYLDXPGRVPHLRVGHVDOYDUWDLVPHPyULDVpUHJLVWUiODVSRUHVFULWR
³XPD YH] TXH DV SDODYUDV H SHQVDPHQWRV PRUUHP PDV RV HVFULWRV
SHUPDQHFHP´ +$/%:$&+6 S H RV KLVWRULDGRUHV DWUDYpV GH XP
WUDEDOKRPLQXFLRVRSRGHPHQFRQWUDUHKLVWRULDUIDWRVVLJQLILFDWLYRVMXOJDUtDPRV
GHILQLWLYDPHQWH SHUGLGRV VREUHWXGR VH WLYHUHP D RSRUWXQLGDGH GH GHVFREULU
PHPyULDVLQpGLWDV
$ PHPyULD FROHWLYD SRUWDQWR p ³R JUXSR YLVWR GH GHQWUR GXUDQWH XP
SHUtRGR TXH QmR XOWUDSDVVD D GXUDomR PpGLD GD YLGD KXPDQD´ +$/%:$&+6
S (ODDSUHVHQWDDRJUXSRXPTXDGURGHVLPHVPRTXHVHGHVHQURODQR
WHPSRMiTXHVHWUDWDGHVHXSDVVDGR&RQWXGR³DPHPyULDFROHWLYDWUDQVPLWLGD
SHODWUDGLomRRUDOWtSLFDGDVFRPXQLGDGHVSULPLWLYDVFHGHOXJDUDPHPyULDRILFLDO
UHJLVWUDGDHGRFXPHQWDGDSURGX]LGDSRUHVSHFLDOLVWDVGHWHQWRUHVGDVWpFQLFDV
HGDDXWRULGDGHGHDUWLFXODURVHQXQFLDGRVVREUHRSDVVDGR´ 3$&+(&2
S
'HVWD IRUPD VH ID] QHFHVViULD PDLRU LQWHUYHQomR SDUD HIHWLYDU XPD
SUHVHUYDomR SDWULPRQLDO TXH FRQWHPSOH WRGRV RV JUXSRV GH XPD FRPXQLGDGH
3RUpPDLQGD³pSRVVtYHOSHUFHEHUTXHHVVDSURWHomRDLQGDHVWiPXLWROLJDGDjV
$RVHUUHFRQKHFLGDFRPRQDUUDWLYDOHJtWLPDGRSDVVDGRGHXPJUXSRVRFLDODPHPyULDFROHWLYD
DWXD FRPR HOHPHQWR FRQVWLWXLQWH GH XPD LGHQWLGDGH VRFLDO 1HVVH PRPHQWR D PHPyULD SDUD
DOpPGHOHPEUDQoDGHXPSDVVDGRTXHMiVHIRLDSRQWDSDUDDVSRWHQFLDOLGDGHVGHXPIXWXUR
TXH VH GHVHMD FRQVWUXLU )RL MXVWDPHQWH HP UD]mR GHVVH HOHPHQWR LGHQWLWiULR TXH RV (VWDGRV
QDFLRQDLV RV JUXSRV pWQLFRV H GLIHUHQWHV LQVWLWXLo}HV SDVVDUDP D GHVHQYROYHU SROtWLFDV GH
UHJLVWURHGLIXVmRGHVXDPHPyULDFROHWLYD 3$&+(&2S
Ϯϵϰ
Ϯϵϱ
Ϯϵϲ
VHXHPSUHJRSHORVSULPHLURVHWQyJUDIRVGDFXOWXUDQHJUDQR%UDVLODH[HPSOR
GH *LOEHUWR )UH\UH´ 1HJUR RX DIUREUDVLOHLUR WRUQDPVH H[SUHVV}HV XWLOL]DGDV
SDUDGHVLJQDUDVPDQHLUDVGHYLYHUHRVWUDoRVGHFXOWXUDSRSXODUGHLQIOXrQFLD
DIULFDQD 6LPXOWDQHDPHQWH j SRVLWLYDomR GR XVR GHVVHV WHUPRV KRXYH ³D
FRQVWUXomRGRPLWRGDGHPRFUDFLDUDFLDOTXHGHVFRQVLGHUDYDRVFRQIOLWRVpWQLFR
UDFLDLV FRPR PDUFDGRUHV GDV GHVLJXDLV SRVVLELOLGDGHV GH DFHVVR DRV EHQV
S~EOLFRVHGHDVFHQVmRVRFLDOHVSHFLDOPHQWHSDUDGHVFHQGHQWHVGHLQGtJHQDV
HDIULFDQRV´ *,/S
1D OXWD QHJUD SRU GLUHLWRV VRFLDLV p LPSRUWDQWH FRQVLGHUDU DV Do}HV GR
0RYLPHQWR 1HJUR 8QLILFDGR TXH QR DQR GH WURX[H HP VXD DJHQGD D
TXHVWmR GD QHFHVVLGDGH GH LQFOXVmR GH QHJURV H QHJUDV QRV HVSDoRV GH
FRQKHFLPHQWRIRUPDOHFRQWULEXLXPXLWRSDUDDUHDOLGDGHTXHYLYHPRVQRVGLDV
DWXDLV GHQWUR GRV HVWDEHOHFLPHQWRV GH HQVLQR 3RUpP ³D OXWD QmR VH UHGX] j
HGXFDomR IRUPDO YLVD WDPEpP SURPRYHU XP SURFHVVR VRFLDO FXOWXUDO
SHGDJyJLFR H SROtWLFR GRV QHJURV H QHJUDV H UHHGXFDU RV RXWURV VHJPHQWRV
pWQLFRUDFLDLV´ *20(6S 1HVVHFHQiULRRVSDWULP{QLRVIXQFLRQDP
FRPRUHSHUWyULRGHVtPERORVHVHIL[DDHTXLYDOrQFLDHQWUHFXOWXUDQHJUDHVHXV
GHWHUPLQDGRVVLJQLILFDGRV
&RQWXGRQmREDVWDVHOHFLRQDUHSURWHJHUFULWHULRVDPHQWHXPFRQMXQWRGH
EHQV ³e SUHFLVR TXH KDMD VXMHLWRV GLVSRVWRV H FDSD]HV GH IXQFLRQDUHP FRPR
LQWHUORFXWRUHV GHVVD IRUPD GH FRPXQLFDomR VRFLDO´ )216(&$ S
0DLVGRTXHLQVWUXPHQWRVWpFQLFRVHGHFLV}HVDGPLQLVWUDWLYDVDFRQVWUXomRGH
SROtWLFDV S~EOLFDV LPSOLFD GLVSXWDV HQWUH VHJPHQWRV VRFLDLV ³2V HIHLWRV GDV
Do}HV S~EOLFDV RX SRU YH]HV GD DXVrQFLD GH Do}HV S~EOLFDV UHODWLYDV DR
SDWULP{QLRFXOWXUDOVHUHIOHWHPGLUHWDPHQWHQDIRUPDomRGRLPDJLQiULRVRFLDOH
DFHVVRjPHPyULD´ 52'5,*8(6S
3RU LVVR p GHVHMiYHO TXH VH DGRWHP QRYDV IRUPDV OHJDLV GH SURWHomR
SRLV RV EHQV DSUHVHQWDP JUDQGH FRPSOH[LGDGH SDUD VXD SURWHomR H
FRQVHUYDomR$VVLP³RVDFHUYRVQHFHVVLWDPQmRDSHQDVGHFRQVHUYDomRPDV
(P VXUJH R 0RYLPHQWR 1HJUR 8QLILFDGR FRQWUD R 5DFLVPR H D 'LVFULPLQDomR 5DFLDO
018 6XDV SULQFLSDLV LQIOXrQFLDV VmR D FUtWLFD j GHPRFUDFLD UDFLDO EUDVLOHLUD UHDOL]DGD SRU
LQWHOHFWXDLVFRPR)ORUHVWDQ)HUQDQGHVRPRYLPHQWRGRVQHJURVDPHULFDQRVSHORVGLUHLWRVFLYLV
HDOXWDGHOLEHUWDomRGRVSRYRVGDÈIULFDPHULGLRQDO &$59$/+2S
Ϯϵϳ
4XLORPERVHPRFDPERVVmRDVGHQRPLQDo}HVKLVWyULFDVQR%UDVLOFRORQLDOHSyVFRORQLDOSDUD
JUXSRV GH IXJLWLYRV 0DLV UHFHQWHPHQWH R WHUPR UHPDQHVFHQWH GH TXLORPERV DSDUHFHX FRPR
XPDFDWHJRULDMXUtGLFDQD&RQVWLWXLomR%UDVLOHLUDGHQRDUWLJR SDUiJUDIRTXLQWR GHILQLX
VREUH R WRPEDPHQWR GH ³GRFXPHQWRV´ H GH ³VtWLRV GHWHQWRUHV GH UHPDQHVFrQFLDV GH DQWLJRV
TXLORPERV´ (;$/7$d2*20(6S
7DLV GLUHLWRV IRUDP JDUDQWLGRV SHORV DUWLJRV H GD &RQVWLWXLomR )HGHUDO H SHOD
UDWLILFDomRGHWUDWDGRVLQWHUQDFLRQDLVFRPRD&RQYHQomR1GD2UJDQL]DomR,QWHUQDFLRQDO
GR 7UDEDOKR 2,7 TXH DWUDYpV GH VHXV DUWLJRV UHIHUHQWHV DRV 3RYRV ,QGtJHQDV H 7ULEDLV
HVWDEHOHFHXDFRQVFLrQFLDGHVXDLGHQWLGDGHFRPRFULWpULRIXQGDPHQWDOSDUDVXDLGHQWLILFDomR
2¶':<(5
2UJDQL]DomR QmRJRYHUQDPHQWDO FRPSRVWD SRU UHSUHVHQWDQWHV GR PRYLPHQWR QHJUR GD
&$3(6GD)XQGDomR3Uy0HPyULDHGD8QLYHUVLGDGHGH$ODJRDV $5587,
Ϯϵϴ
1HVVH SURFHVVR 'LQL] HW DO S XWLOL]D RV FRQFHLWRV GH
UH VLJQLILFDomRH UH LQYHQomRFXOWXUDOSDUDH[SUHVVDUTXHRSURMHWRGHUHVJDWH
HYDORUL]DomRGDLGHQWLGDGHTXLORPEROD³FRQVLVWHQXPDWRGHVHUHDSURSULDUGH
HOHPHQWRVVXEVWDQWLYRVGDWUDGLomRGHVHXVDQWHSDVVDGRVFRPQRYRVSURSyVLWRV
VREUHWXGRMXUtGLFRHSROtWLFR QXPDUHODomRGLDOpWLFDGHSUHVHUYDomRHUXSWXUDV
HPTXHWDLVHOHPHQWRVVmRWUDQVIRUPDGRVHPVtPERORVGHFRQWUDVWHFXOWXUDOH
SDVVDPDDGTXLULUQRYRVVLJQLILFDGRVSDUDDVIDPtOLDVGRVTXLORPERV´3DUD$UUXWL
S QHFHVViULR UHFRQKHFHU D UHODomR TXH VH HVWDEHOHFH HQWUH R
KHUGDGRHRSURMHWDGRHQWUHSDVVDGRHIXWXUR
>@2TXHPDUFDHVVDVUXSWXUDVHDSUHVHQoDGDLQYHQWLYLGDGH
VRFLDOpRIDWRGHTXHWRGDWHQWDWLYDGHSUHVHUYDURXUHFXSHUDU
WUDGLo}HV HVWi GDGD D LPSRVVLELOLGDGH GH PDQWHU R SDVVDGR
FRPRDOJRSHUPDQHQWHPHQWHYLYLGRGHVWLQDGDDVHWUDQVIRUPDU
HP³WUDGLomRLQYHQWDGD´ $5587,S
2WHUPR³WUDGLomRLQYHQWDGD´pXWLOL]DGRQXPVHQWLGRDPSORPDVQXQFD
LQGHILQLGR ,QFOXL WDQWR DV WUDGLo}HV UHDOPHQWH LQYHQWDV H DV FRQVWUXtGDV H
IRUPDOPHQWHLQVWLWXFLRQDOL]DGDV3RUWUDGLomRLQYHQWDGDHQWHQGHVH
8P FRQMXQWR GH SUiWLFDV QRUPDOPHQWH UHJXODGDV SRU UHJUDV
WiFLWDRXDEHUWDPHQWHDFHLWDVWDLVSUiWLFDVGHQDWXUH]DULWXDORX
VLPEyOLFD YLVDP LQFXOFDU FHUWRV YDORUHV H QRUPDV GH
FRPSRUWDPHQWR DWUDYpV GD UHSHWLomR R TXH LPSOLFD
DXWRPDWLFDPHQWH XPD FRQWLQXLGDGH HP UHODomR DR SDVVDGR
$OLiV VHPSUH TXH SRVVtYHO WHQWDVH HVWDEHOHFHU FRQWLQXLGDGH
FRPXPSDVVDGRKLVWyULFRDSURSULDGR +2%6%$:15$1*(5
S
$UHODomRHQWUHDLQYHQomRGDVWUDGLo}HVHDFXOWXUDPDWHULDOGHYHPVHU
GLVFXWLGDV FRPR XPD HVWUDWpJLD GH DSUR[LPDomR FRP D +LVWyULD GH IRUPD D
HQYROYHUDPSODPHQWHDVSHVVRDVWRUQDQGRSRVVtYHOTXHWRGRVVHMDPVXMHLWRV
GHVXDSUySULDKLVWyULDQDUHDOLGDGHFRWLGLDQD(PYLVWDGLVVRFRQVLGHUDPRVD
SDUWLU GDV LGHLDV GH 1HWWR H 6RX]D S TXH ³D FRQVWUXomR GR
FRQKHFLPHQWRVHUHDOL]DSHODUHSUHVHQWDomRYLVWDFRPRXPPRGRGHLQWHUDomR
$FXOWXUDQmRpDOJRLPXWiYHOWUDQVPLWLGDSDVVLYDPHQWHHQWUHJHUDo}HVVHPTXDOTXHUFUtWLFD
RXUHMHLomR$FXOWXUDQmRpYLYHQFLDGDSDVVLYDPHQWHSRUDTXHOHVTXHDUHFHEHPFRPRKHUDQoD
HOHVUHDJHPjTXLORTXHOKHVpSURSRVWRRXTXHVHOKHVSUHWHQGHLPSRU,QWHULRUL]DPFHUWRVWUDoRV
HUHMHLWDPRXWURV,QYHQWDPDRORQJRGHVXDVH[LVWrQFLDVQRYDVPDQHLUDVGHID]HUDWULEXHP
FRUHV QRYDV DRV VHXV VRQKRV H SHVDGHORV H FULWLFDP RV YDORUHV XVXDLV TXDQGR HVWHV QmR
FRUUHVSRQGHP jV VXDV DVSLUDo}HV SURIXQGDV $VVLP DV FXOWXUDV VmR UHDOLGDGHV PXWiYHLV
&/$9$/S
$FXOWXUDPDWHULDOWRUQDVHH[SOLFLWDPHQWHXPUHIHUHQWHGHYtQFXORVGHLGHQWLGDGHHVHGHVORFD
QRWHPSRHPIRUPDGHPHPyULDSRUPHLRGHXPDSRVWXUDDUTXHROyJLFDVREUHHVVDVIRUPDVGH
UHSUHVHQWDomRSRLVFRPRDGYHQWRGD1HZ$UFKDHRORJ\RWHPDGDUHSUHVHQWDomRRFXSDXP
Ϯϵϵ
GRVHUVLPEyOLFRFRPRUHDO$UHODomRHQWUHUHSUHVHQWDomRHFXOWXUDPDWHULDOWHP
RVHXFDUiWHUIXQGDPHQWDOQDPHPyULDHQDLGHQWLGDGH´3RULVVRpLPSRUWDQWH
FRQVLGHUDU D LGHLD GR QDVFLPHQWR GH XPD FXOWXUD DIUREUDVLOHLUD D SDUWLU GD
GLPHQVmRSROtWLFDFRQFHLWXDOHKLVWyULFD2XVHMD
e LPSRUWDQWH SHQVDU DV GHVFRQWLQXLGDGHV RX R TXH RV
GHVFHQGHQWHVGHDIULFDQRVID]HP RXIL]HUDP QR%UDVLOTXHQmR
VH HQFRQWUD QD ÈIULFD &RPR SHQVDU D KHUDQoD DIULFDQD QDV
$PpULFDV"$WpTXHSRQWRRVDIULFDQRVQmRFULDUDPXPDFXOWXUD
QHVVH VHQWLGR PDLV RX WDQWR PDLV DPHULFDQD TXH DIULFDQD"
(VVHV VmR RV GHVDILRV FRORFDGRV DRV KLVWRULDGRUHV H
HGXFDGRUHV $%5(8S
3RUWDQWR GHYHVH OHYDU HP FRQWD ³D FRQWULEXLomR GH OLGHUDQoDV
TXLORPERODV SDUD TXH VH FXPSUDP DV H[LJrQFLDV GR SOHQR FXPSULPHQWR GRV
GLVSRVLWLYRV FRQVWLWXFLRQDLV H GR FODPRU GH SDUWH GD VRFLHGDGH EUDVLOHLUD QR
VHQWLGR GH TXH VHMD HQILP UHFRQKHFLGD D GLYHUVLGDGH pWQLFD QD IRUPDomR GR
QRVVRSRYR´ 0('(,526S 1RVVDIRUPDomREUDQFDHOLWLVWDIHXGDO
HLPSHULDOHPFHUWRVHQWLGRDLQGDSHUPDQHFHYLYDHPVHWRUHVGDYLGDS~EOLFDH
QDV UHODo}HV LQWHUVRFLHWiULDV H LQWHUpWQLFDV QD UHDOLGDGH EUDVLOHLUD
FRQWHPSRUkQHD 0('(,526 3RUpP p SRVVtYHO FRQVWDWDU SURSRVWDV
SURJUDPDVHPHGLGDVGHDOFDQFHVRFLDOHLQFOXVLYRFRPUHVSHLWRjVSRSXODo}HV
WUDGLFLRQDLVFRPRpRFDVRGR'HFUHWR
'LDQWH GLVVR DFUHGLWDPRV TXH R SURFHGLPHQWR SDUD LGHQWLILFDomR
UHFRQKHFLPHQWRGHOLPLWDomRGHPDUFDomRHWLWXODomRGDVWHUUDV RFXSDGDVSRU
UHPDQHVFHQWHV GDV FRPXQLGDGHV GRV TXLORPERV LPSOLFD VXD UHODomR FRP R
FRPEDWHDRSUHFRQFHLWRUDFLDO3RLV³RUDFLVPRIRUQHFHRVHQWLGRDOyJLFDHD
WHFQRORJLD SDUD D UHSURGXomR GDV IRUPDV GH GHVLJXDOGDGH H YLROrQFLD TXH
PROGDPDYLGDVRFLDOFRQWHPSRUkQHD´ $/0(,'$S
OXJDUGHGHVWDTXHGHQWURGDWHRULDDUTXHROyJLFDHSDVVDGDPHUDGHVFULomRGRVDUWHIDWRVHP
HVSHFLDODTXHOHVPDLVH[yWLFRVRXYDOLRVRVSDUDDFRQVWDWDomRGHTXHRVDUWHIDWRVUHVXOWDPGH
FRPSRUWDPHQWRVKXPDQRV 1(772(628=$S
2'HFUHWRGHGHQRYHPEURGHUHJXODPHQWDRSURFHGLPHQWRSDUDLGHQWLILFDomR
UHFRQKHFLPHQWRGHOLPLWDomRGHPDUFDomRHWLWXODomRGDVWHUUDVRFXSDGDVSRUUHPDQHVFHQWHV
GDVFRPXQLGDGHVGRVTXLORPERVGHTXHWUDWDRDUWGR$WRGDV'LVSRVLo}HV&RQVWLWXFLRQDLV
7UDQVLWyULDV
2 FRQFHLWR GH UDFLVPR LQVWLWXFLRQDO IRL XP HQRUPH DYDQoR QR TXH VH UHIHUH DR HVWXGR GDV
UHODo}HVUDFLDLV3ULPHLURDRGHPRQVWUDUTXHRUDFLVPRWUDQVFHQGHRkPELWRGDDomRLQGLYLGXDO
HVHJXQGRDRIULVDUDGLPHQVmRGRSRGHUFRPRHOHPHQWRFRQVWLWXWLYRGDVUHODo}HVUDFLDLVQmR
VRPHQWHRSRGHUGHXPLQGLYtGXRGHXPDUDoDVREUHRXWURPDVGHXPJUXSRVREUHRXWURDOJR
SRVVtYHO TXDQGR Ki R FRQWUROH GLUHWR RX LQGLUHWR GH GHWHUPLQDGRV JUXSRV VREUH R DSDUDWR
LQVWLWXFLRQDO $/0(,'$S
ϯϬϬ
'HWDOPRGRFDEHUHVVDOWDUTXHRQGHRUDFLVPRVHGHVHQYROYHXIRUDGD
(XURSDHVWHYHVHPSUHDVVRFLDGRFRPDGRPLQDomRHXURSHLDHSRULVVR4XLMDQR
S DUJXPHQWDTXHRFRORQLDOLVPRHQWHQGLGRFRPRRHVWDEHOHFLPHQWR
GH XPD UHODomR GH ³GRPLQDomR GLUHWD SROtWLFD VRFLDO H FXOWXUDO GRV HXURSHXV
VREUH RV FRQTXLVWDGRV GH WRGRV RV FRQWLQHQWHV QmR VH UHVWULQJH DR SDVVDGR
WHQGRLQIOXrQFLDGLUHWDQDHVWUXWXUDGHSRGHUYLJHQWH´(QWUHWDQWR&RORQLDOLGDGH
pXPFRQFHLWRGLIHUHQWHGH&RORQLDOLVPRFRPRDILUPDRDXWRU
$FRORQLDOLGDGHpXPGRVHOHPHQWRVFRQVWLWXWLYRVHHVSHFtILFRV
GR SDGUmR PXQGLDO GR SRGHU FDSLWDOLVWD 6XVWHQWDVH QD
LPSRVLomR GH XPD FODVVLILFDomR UDFLDOpWQLFD GD SRSXODomR GR
PXQGRFRPRSHGUDDQJXODUGRUHIHULGRSDGUmRGHSRGHUHRSHUD
HP FDGD XP GRV SODQRV PHLRV H GLPHQV}HV PDWHULDLV H
VXEMHWLYRVGDH[LVWrQFLDVRFLDOTXRWLGLDQDHGDHVFDODVRFLHWDO
48,-$12S
e QR ERMR GHVVDV TXHVW}HV SRUWDQWR TXH YDOH D SHQD UHIOHWLU VREUH D
XUJrQFLDGDGHFRORQL]DomRGRFXUUtFXOR1HVVHVHQWLGR³DQDOLVDUDVDXVrQFLDV
GDKLVWyULDGDSRSXODomRDIUREUDVLOHLUDHGRVSRYRVRULJLQiULRVQRVHVSDoRVGH
VDEHUpFKDPDUXPILUPHGHEDWHVREUHDSHUVSHFWLYDGDLPSRUWkQFLDGDVYLGDV
QHJUDVHLQGtJHQDVQDKLVWyULDGR%UDVLOHQRVFXUUtFXORVHHVSDoRVHVFRODUHV´
$=(9('2 S $VVLP D GHFRORQL]DomR GR FXUUtFXOR GHYH HPHUJLU
QmR VRPHQWH FRPR XP PHUR FRQFHLWR PDV WDPEpP FRPR XPD SUiWLFD
SHUPDQHQWHGHWUDQVIRUPDomRVRFLDOGDYLGDFRPXPpXPDWRUHYROXFLRQiULR
'H DFRUGR FRP *RPHV S ³QmR EDVWD DSHQDV R
UHFRQKHFLPHQWR H D YRQWDGH SROtWLFD SDUD GHFRORQL]DU D PHQWH D SROtWLFD D
FXOWXUD RV FXUUtFXORV H R FRQKHFLPHQWR HVVD GHFRORQL]DomR WHP TXH VHU
DFRPSDQKDGD SRU XPD UXSWXUD HSLVWHPROyJLFD´ 3RUWDQWR SUiWLFDV GHFRORQLDLV
SUHVVXS}HP HVWUDWpJLDV TXH TXHVWLRQDP WRGD HVWUXWXUD LPSRVWD SHOD
FRORQL]DomR HXURSHLD GHQXQFLD RV SDGU}HV FRORQLDLV GH SRGHU GH UDoD GH
WUDEDOKRHGHFRQKHFLPHQWRHLQGDJDDSULPD]LDGDLQWHUSUHWDomRHGDSURGXomR
HXURFHQWUDGDGHPXQGRHGHFRQKHFLPHQWRFLHQWtILFR *20(6 3RLVR
FRORQLDOLVPR VH PDQWHYH SUHVHQWH HP WRGR R SURFHVVR GH FRQVWUXomR GD
VRFLHGDGHPRGHUQDHGHPRFUiWLFDHD³FRORQLDOLGDGHDLQGDVHPDQWpPYLYDHP
WH[WRV GLGiWLFRV QRV FULWpULRV SDUD R ERP WUDEDOKR DFDGpPLFR QD FXOWXUD QR
VHQVRFRPXPQDDXWRLPDJHPGRVSRYRVQDVDVSLUDo}HVHHPPXLWRVRXWURV
ϯϬϭ
ϯϬϮ
SHUPDQHQWHOXWDHQWUHDPHPyULDHRHVTXHFLPHQWR´ 72/(17,12S
,VVR UHTXHU QHFHVVDULDPHQWH TXH DV SUiWLFDV HGXFDWLYDV VHMDP GLDOyJLFDV H
GHPRFUiWLFDVSDUWLQGRGRSUHVVXSRVWRGHTXHRSDWULP{QLRFXOWXUDOpGLQkPLFR
HKLVWyULFRVRFLDOPHQWHGHWHUPLQDGRSHORVVXMHLWRVTXHOKHVDWULEXHPVHQWLGRVH
VLJQLILFDGRV
1HVVH FRQWH[WR UHFRQKHFHPRV R SRWHQFLDO GR HQVLQR GH +LVWyULD QD
IRUPDomR GH VXMHLWRV GH GLUHLWR (VVD SUiWLFD YHLR D VHU HIHWLYDGD FRP PDLV
FULWpULRV TXDQGR GD LPSOHPHQWDomR GD /HL TXH DOWHURX D OHL GH
GLUHWUL]HV H EDVHV GD HGXFDomR QDFLRQDO /'% 1 REULJDQGR R
HVWXGR GD FXOWXUD H KLVWyULD GRV DIULFDQRV H DIUREUDVLOHLURV QRV FXUUtFXORV GH
HVFRODVS~EOLFDVHSULYDGDVHPWRGRRSDtV2XWUDOHJLVODomRLPSRUWDQWHpD/HL
TXHREULJDDLQFOXVmRGDKLVWyULDGHQHJURVHLQGtJHQDVQRVFXUUtFXORV
HVFRODUHV$PEDVVHFRQVWLWXtUDPPHGLDQWHRFRPSURPLVVRGHSHQVDUDHVFROD
H R SURFHVVR GH GHVFRORQL]DomR FXUULFXODU VREUHWXGR D SDUWLU GR HQVLQR GH
+LVWyULD FRPR IXQGDPHQWDO SDUD IRUPDomR KXPDQD SDUD HVWDEHOHFHU UHODo}HV
PDLVMXVWDVQDSHUVSHFWLYDGDLJXDOGDGHUDFLDO
&RPRGHVWDFD&DUPHP*LO S ³RFRQWH[WRLQDXJXUDGRFRPD
SURPXOJDomRGDV/HLVHLQVHULGRQRFRQMXQWRGDVSROtWLFDV
DILUPDWLYDVSDUDDSURPRomRGDLJXDOGDGHUDFLDOIRLKLVWRULFDPHQWHLQRYDGRUDR
WUD]HU SDUD R HPEDWH S~EOLFR DV SUiWLFDV GR UDFLVPR GR SUHFRQFHLWR H GD
GLVFULPLQDomRWUDGLFLRQDOPHQWHQHJDGDVRXPDQWLGDV´'HVWHPRGRQRFDPSR
GDHGXFDomRDLQRYDomRVHDQXQFLRXFRPIRUoDFRQYRFDQGRHPHVSHFLDOPDV
QmR VRPHQWH RV SURIHVVRUHV GH +LVWyULD D XP UHGLPHQVLRQDPHQWR GH VXDV
SUiWLFDV SHGDJyJLFDV FDSD]HV GH IXQGDPHQWDU XPD HGXFDomR GDV UHODo}HV
pWQLFRUDFLDLV EDOL]DGD SRU YDORUHV TXH SURPRYDP D MXVWLoD D FLGDGDQLD R
GLiORJRLQWHUFXOWXUDODpWLFDHDSD]
5HIHUrQFLDV
$%5(80DUWKD(PWRUQRGDV³'LUHWUL]HVFXUULFXODUHVQDFLRQDLVSDUDD
HGXFDomRGDVUHODo}HVpWQLFRUDFLDLVSDUDRHQVLQRGHKLVWyULDHFXOWXUD
DIUREUDVLOHLUDHDIULFDQD´XPDFRQYHUVDFRPKLVWRULDGRUHV(VWXGRV
+LVWyULFRV5LRGH-DQHLURYROQMDQRXWGH
ϯϬϯ
$/0(,'$6LOYLR/XL]GH5DFLVPRHVWUXWXUDO6mR3DXOR6XHOL&DUQHLUR
3yOHQ
$5587,-0$$HPHUJrQFLDGRV³UHPDQHVFHQWHV´QRWDVSDUDRGLiORJR
HQWUHLQGtJHQDVHTXLORPERODV0$1$(VWXGRVGH$QWURSRORJLD6RFLDO5LR
GH-DQHLURYQS
$5587,-RVp0DXUtFLR3$QGLRQ0RFDPER$QWURSRORJLDH+LVWyULDGR
SURFHVVRGHIRUPDomRTXLORPEROD%DXUX(GXVF
$=(9('29HUXVND$GHVFRORQL]DomRHDGHFRORQLDOLGDGHFRPRSRVVLELOLGDGHV
QDFRQVWUXomRGRHQVLQRGHKLVWyULDQDHVFRODEiVLFD,Q$/0(,'$1(72$
6GH/285(1d2(&$59$/+2-3)GH 2UJV (QVLQRGHKLVWyULDHP
WHPSRVWRUSHVOHLWXUDVHUHIOH[}HV8EHUOkQGLD1DYHJDQGR3XEOLFDo}HV
%(51$5',12&267$-RD]H0$/'21$'27255(61HOVRQ
*526)2*8(/5DPyQ 2UJV 'HFRORQLDOLGDGHHSHQVDPHQWR
DIURGLDVSyULFR%HOR+RUL]RQWH$XWrQWLFD(GLWRUD
%$80$1=\JPXQW,GHQWLGDGHHQWUHYLVWDD%HQHGHWWR9HFFKL5LRGH
-DQHLUR=DKDU
%,77(1&2857&LUFH0DULD)HUQDQGHV(QVLQRGH+LVWyULDIXQGDPHQWRVH
PpWRGRVHG6mR3DXOR&RUWH]
%5$6,/&RQVWLWXLomRGD5HS~EOLFD)HGHUDWLYDGR%UDVLOGH%UDVtOLD
')3UHVLGrQFLDGD5HS~EOLFD>@'LVSRQtYHOHP
KWWSZZZSODQDOWRJRYEUFFLYLOB&RQVWLWXLFDR&RQVWLWXLoDRKWP$FHVVRHP
MXOKR
%5$6,/0(&%DVH1DFLRQDO&RPXP&XUULFXODU0LQLVWpULRGD(GXFDomR
6HFUHWiULDGH(GXFDomR%iVLFD%UDVtOLD0(&6(%
&$1'$8-RsO0HPyULDH,GHQWLGDGH7UDGXomR0DULD/HWtFLD)HUUHLUD6mR
3DXOR&RQWH[WR
&$59$/+2$QD3DXOD&RPLQ2HVSDoRGDGLIHUHQoDQR%UDVLO(WQRJUDILD
GHSROtWLFDVS~EOLFDVGHUHFRQKHFLPHQWRWHUULWRULDOHFXOWXUDOQHJURQR
%UDVLO3RUWR$OHJUH7HVHGH'RXWRUDGRHP$QWURSRORJLD6RFLDO8)5*6
&+89$0iUFLD+LVWyULDH3DWULP{QLR5HYLVWDGR3DWULP{QLR+LVWyULFRH
$UWtVWLFR1DFLRQDOQ
&/$9$/3$JHRJUDILDFXOWXUDOHG7UDGXomRGH/Xt])XJD]]ROD3LPHQWDH
0DUJDUHWKGH&DVWUR$IHFKH3LPHQWD)ORULDQySROLV(GGD8)6&
ϯϬϰ
&+89$0iUFLD+LVWyULDH3DWULP{QLR5HYLVWDGR3DWULP{QLR+LVWyULFRH
$UWtVWLFR1DFLRQDOQ
'¶$/(66,20iUFLD0DQVRU0HWDPRUIRVHVGRSDWULP{QLR2SDSHOGR
KLVWRULDGRU,Q5HYLVWDGR3DWULP{QLR+LVWyULFRH$UWtVWLFR1DFLRQDOQ
',1,=*0LQp07XEDOGLQL 5H VLJQLILFDomRH UH LQYHQomRFXOWXUDO
TXLORPERODDVHVSDFLDOLGDGHVDIUREUDVLOHLUDVGR&RQMXQWRGD0DUXMDGDH
GR*UXSR&XULDQJRQR9DOHGR-HTXLWLQKRQKD0**HR7H[WRVYROQ
MXO
(;$/7$d2(GPHLUH*20(6)OiYLR9HUEHWH³UHPDQHVFHQWHGHTXLORPER´
,Q0277$0iUFLD'LFLRQiULRGD7HUUD5LRGH-DQHLUR&LYLOL]DomR%UDVLOHLUD
)216(&$0&/23DWULP{QLRHPSURFHVVRWUDMHWyULDGD3ROtWLFD
IHGHUDOGHSUHVHUYDomRQR%UDVLO5LRGH-DQHLUR(G8)5-%UDVtOLD
0LQF,SKDQ
*8,//(1,VDEHO&ULVWLQD0DUWLQV. 3DWULP{QLRHKLVWyULDUHIOH[}HVVREUHRSDSHO
GRKLVWRULDGRU'LiORJRV 0DULQJi2QOLQH YQSPDL
DJR
*8,0$5(6$QWRQLR6pUJLR$OIUHGR'HSRLVGDGHPRFUDFLDUDFLDO7HPSR
6RFLDO(GLWRUDGD8636mR3DXORYQ
*,/&DUPHP=HOLGH9DUJDV0(,1(5=&DUOD%HDWUL](GXFDomRSDWULP{QLR
FXOWXUDOHUHODo}HVpWQLFRUDFLDLVSRVVLELOLGDGHVSDUDDGHFRORQL]DomR
GRVVDEHUHV+RUL]RQWHVYQSMDQDEU
*20(61LOPD/LQR³2PRYLPHQWRQHJURHDLQWHOHFWXDOLGDGHQHJUD
GHVFRORQL]DQGRRVFXUUtFXORV´,Q%(51$5',12&267$-RD]H
0$/'21$'27255(61HOVRQ*526)2*8(/5DPyQ 2UJV
'HFRORQLDOLGDGHHSHQVDPHQWRDIURGLDVSyULFR%HOR+RUL]RQWH$XWrQWLFD
(GLWRUD
+$/%:$&+60DXULFH$PHPyULDFROHWLYD6mR3DXOR&HQWDXUR
+2%6%$:0(5$1*(57$LQYHQomRGDVWUDGLo}HV6mR3$8/23D]H
7HUUD
+257$0DULDGH/RXUGHV3DUUHLUDV*581%(5*(YHOLQD0217(,52
$GULDQH4XHLUR]*XLD%iVLFRGH(GXFDomR3DWULPRQLDO%UDVtOLD
,3+$10XVHX,PSHULDO
./(,1$QD,QH](GXFDomR3DWULPRQLDOQRV&XUVRVGH+LVWyULDGD
8QLYHUVLGDGH)HGHUDOGH3HORWDV 8)3(/ ,1%5$6,/0LQLVWpULRGD&XOWXUD
ϯϬϱ
3DWULP{QLRHQVLQRHHGXFDomRIRUPDomRSURILVVLRQDO%UDVLO0LQLVWpULRGD
&XOWXUD&HQWUR+LVWyULFR&XOWXUDO6DQWD&DVD±3RUWR$OHJUH,6&03$
/(*2))-DFTXHV+LVWyULDH0HPyULDHG6mR3DXOR8QLFDPS
0('(,526%DUWRORPHX7LWR)LJXHLU{DGH4XLORPERVSROtWLFDVSDWULPRQLDLVH
QHJRFLDo}HV,Q%$55,2$QJHO(VSLQD0277$$QWRQLR*20(60iULR
+pOLR,QRYDomRFXOWXUDOSDWULP{QLRHHGXFDomR5HFLIH)XQGDomR
-RDTXLP1DEXFR(GLWRUD0DVVDQJDQD
1(772&;$628=$$-$LPSRUWkQFLDGDFXOWXUDPDWHULDOHGD
$UTXHRORJLDQDFRQVWUXomRGD+LVWyULD+LVWyULD8QLVLQRV
-DQHLUR$EULO
KWWSUHYLVWDVXQLVLQRVEULQGH[SKSKLVWRULDDUWLFOHYLHZ
2¶':<(5(&7HUUDVGHTXLORPERLGHQWLGDGHpWQLFDHRVFDPLQKRVGR
UHFRQKHFLPHQWR7RPR6HUJLSHQMXOGH]
2/,9(,5$)HUQDQGR2SomRGHFRORQLDOHDQWLUUDFLVPRQDHGXFDomRHP
WHPSRVQHRIDVFLVWDV5HYLVWDGD$%31YS
25,È5LFDUGR0HPyULDHHQVLQRGH+LVWyULD,Q%,77(1&2857&LUFH0DULD
)HUQDQGHV RUJ 2VDEHUKLVWyULFRQDVDODGHDXODHG6mR3DXOR
&RQWH[WR
3$&+(&25LFDUGRGH$JXLDU(GXFDomRPHPyULDHSDWULP{QLRDo}HV
HGXFDWLYDVHPPXVHXHRHQVLQRGHKLVWyULD5HYLVWD%UDVLOHLUDGH+LVWyULD
YROQS±
3266$0$,=LWD3DWULP{QLRH$UFHYR,Q&$59$/+2$OLQH0(1(*8(//2
&ULVWLQD'LFLRQiULR7HPiWLFRGR3DWULP{QLR&DPSLQDV63(GLWRUDGD
8QLFDPS
3(==,,5HQDQ$WUDMHWyULDHXWLOL]DomRGRFRQFHLWRGHSDWULP{QLRDRORQJRGR
WHPSR6HPLQD5HYLVWDGRV3yV*UDGXDQGRVHP+LVWyULDGD83)913
-DQDEULO
328/27'RPLQLTXH8PDKLVWyULDGRSDWULP{QLRQR2FLGHQWH6pFXORV
;9,,,;;,6mR3DXOR(VWDomR/LEHUGDGH
48,-$12$QtEDO&RORQLDOLGDG\PRGHUQLGDGHUDFLRQDOLGDGH3HU~
,QGtJHQDYQS
48,-$12$QtEDO&RORQLDOLGDGHGRSRGHUHFODVVLILFDomRVRFLDO,Q6$1726
%RDYHQWXUDGH60(1(6(60DULD3DXOD RUJV (SLVWHPRORJLDVGR6XO
6mR3DXOR&RUWH](GLWRUD
ϯϬϲ
52'5,*8(60DUO\3ROtWLFDV3~EOLFDVH3DWULP{QLR&XOWXUDO,Q&$59$/+2
$OLQH0(1(*8(//2&ULVWLQD'LFLRQiULR7HPiWLFRGR3DWULP{QLR
&DPSLQDV63(GLWRUDGD8QLFDPS
72/(17,12ÈWLOD2TXHQmRpHGXFDomRSDWULPRQLDOIDOiFLDVVREUHVHX
FRQFHLWRHVXDSUiWLFD,Q(GXFDomRSDWULPRQLDOSROtWLFDVUHODo}HVGHSRGHU
HDo}HVDILUPDWLYDV2JDQL]DomRÈWLOD%H]HUUD7ROHQWLQR(PDQXHO2OLYHLUD
%UDJD-RmR3HVVRD,3+$13%&DVDGR3DWULP{QLFRGD3DUDtEDS
=$5%$72-DTXHOLQH$06$1726&DLR9LQLFLXVGRV0HPyULDHSDWULP{QLR
QDDXODGH+LVWyULDRXVRGRPRQXPHQWRKLVWyULFRFXOWXUDOQDDSUHQGL]DJHP
KLVWyULFD)URQWHLUDV5HYLVWDGH+LVWyULD'RXUDGRV06YQS±
-XO'H]
ϯϬϳ
1$55$7,9$648(48(5(0APRENDERENSINAR5(/$d®(6
e71,&25$&,$,6&2026&25326126&27,',$126'$
('8&$d2'(-29(16($'8/726
$QGUH]D&ULVWLQD5DQJHO3UHYRW
&RUSRUHLGDGHVQHJUDVQD(-$
³ «QD PDLRULD GDV VDODV GH DXOD YDORUHV FRPR
KRQHVWLGDGHHLQWHJULGDGHQmRHVWDYDPQRFHUQHGR
DSUHQGL]DGR ( DSHVDU GDV LQWHUYHQo}HV YiULDV
VDODVGHDXODQmRPXGDUDP1mRpSRVVtYHOPXGi
ODV VH RV SURIHVVRUHV QmR HVWLYHUHP GLVSRVWRV D
DGPLWLU TXH HQVLQDU VHP SUHFRQFHLWRV H[LJH TXH D
PDLRULD GH QyV UHDSUHQGD TXH YROWHPRV D VHU
HVWXGDQWHV´ +22.6
³1mR somos UDFLVWDV WRUQDPRQRV UDFLVWDV DVVLP
FRPR SRGHPRV GHL[DU GH HVWDU VHQGR UDFLVWDV”
)5(,5(
³6DQNRID1XQFDpWDUGHSDUDYROWDUHDSDQKDURTXH
ILFRXSDUDWUiV´ 1$6&,0(172*È
&RPRKLVWRULDGRU0LFKHOGH&HUWHDXDSUHQGRTXHSDVVDGRFLrQFLDHOHLV
VmR inscritas nos corpos H TXH ³R FRUSR VH UHSDUD (GXFDVH$Wp PHVPR VH
IDEULFD´ &(57($8S $VVLPRVFRUSRVWrPKLVWyULDVTXHVHJXQGR
5RVD&DUYDOKRSUHFLVDPVHUHQXQFLDGRVFRPR³SURGXomRVRFLRFXOWXUDO RTXH
VLJQLILFD IDODU HP corporeidade SDUD FRPSUHHQGHUPRV R FRUSR FRPR
FRQKHFLPHQWR OLQJXDJHP H SDWULP{QLR FXOWXUDO LQVHULGR HP FRQWH[WRV TXH
FRQVWURHPGLIHUHQWHVH[SHULrQFLDVSURFHVVRVHVFRODUHVHFRQGLo}HVGHYLGD´
&$59$/+2SJULIRPHX
$ SURIHVVRUD $]RLOGD 7ULQGDGH QRV TXHVWLRQD VREUH RV FRUSRV TXH
DMXGDPRV D FRQVWUXLU FRPR HGXFDGRUHV ³FRP TXH WLSR GH FRUSRV HVWDPRV
FRPSURPHWLGRVFRPRVFRUSRVSRWHQWHVFULDWLYRVDOHJUHVOLYUHVRXFRPFRUSRV
DSULVLRQDGRV VLOHQFLDGRV SRGDGRV FRYDUGHV WLUDQL]DGRV H WLUDQRV" ´
75,1'$'(SJ $]RLOGDPHDMXGDDLQGDJDUQmRVyFRPRHXHQWHQGR
$OXQDGR3URJUDPDGH3yV*UDGXDomRHP(GXFDomR8QLYHUVLGDGH)HGHUDO)OXPLQHQVH8))
0DWUtFXOD'RXWRUDGR'
DQGUH]DSUHYRW#LGXIIEU
ϯϬϴ
'LVSRQtYHOHPKWWSVZZZ\RXWXEHFRPZDWFK"Y )VX\0+V7$ÒOWLPRDFHVVRHP
ϯϬϵ
HRV&HQWURVGH(GXFDomRGH-RYHQVH$GXOWRV&(-$0DUpH&(-$$FDULH
QmR SDUD WRGR R 3(-$ R SHUFHQWXDO GH HVWXGDQWHV QHJURV DXPHQWD HP
SHUID]HQGRXPWRWDOGHGDVPDWUtFXODV
&RP R OHYDQWDPHQWR GH GDGRV D SURIHVVRUD 5DFKHO SURS}H UHIOHWLUPRV
VREUHRUDFLVPRHVWUXWXUDOTXHDWXDQDPDQXWHQomRGDH[FOXVmRRXGLPLQXLomR
GH RIHUWD GH HVFRODUL]DomR SDUD HVWXGDQWHV DIURGHVFHQGHQWHV TXDQGR QDV
HVFRODV H[FOXVLYDV TXH RIHUHFHP D (-$ VHPLSUHVHQFLDO H (D' HGXFDomR j
GLVWkQFLD FRPDSHQDVGXDVKRUDVGLiULDVGHDXODVQHJURVHQHJUDVFRPS}HP
XPSHUFHQWXDOPDLRUTXHRVHVWXGDQWHVPDWULFXODGRVQDVHVFRODVGR3(-$FRP
HVFRODUL]DomRSUHVHQFLDOHWHPSRGHTXDWURKRUDVGLiULDVGHDXODQDHVFROD
$ UHDOLGDGH VREUH DV PDWUtFXODV H R SHUWHQFLPHQWR pWQLFRUDFLDO QDV
HVFRODVS~EOLFDVPXQLFLSDLVGR5LRGH-DQHLURFRQILUPDPRVOHYDQWDPHQWRVGDV
SHVTXLVDGRUDVTXHVHGHGLFDUDPDSHVTXLVDUFRPRVGDGRVGHRXWUDVUHJL}HV
GR HVWDGR GR 5LR H GR %UDVLO +i XP DXPHQWR QR SHUFHQWXDO GH HVWXGDQWHV
QHJURVQD(-$HPFRPSDUDomRDR³HQVLQRUHJXODU´RTXHQRVOHYDDFRQFOXLU
TXHHPPDLRULDMRYHQVQHJURVHQHJUDVGDVFODVVHVSRSXODUHVILOKRVHILOKDV
GHWUDEDOKDGRUHVFRQWLQXDPWHQGRVHXVSHUFXUVRVHVFRODUHVLQWHUURPSLGRVVHX
DFHVVR H SHUPDQrQFLD j HVFROD QHJDGRV QXP PRYLPHQWR TXH PDQWpP D
SRSXODomRQHJUDH[FOXtGDGDHVFRODUL]DomRHPQRVVRSDtV
5HDILUPDUTXHD³(-$pQHJUD´VHJXQGR1LOPD*RPHV SUHFLVDVHU
XPD DomR TXH FRPSRUWH GRLV PRYLPHQWRV GHVLQYLVLELOL]DU RV VXMHLWRV TXH D
FRPS}HPHSRVVLELOLWDUDSURGXomRGHSUiWLFDVTXHGLDORJXHPHYDORUL]HPDV
KLVWyULDVGHVVHVHVWXGDQWHVTXHQDPDLRULDGDVHVFRODVVHUHFRQKHFHPPDLV
SDUGRVTXHQHJURV
23URJUDPDGH(GXFDomRGH-RYHQVH$GXOWRV3(-$pDSROtWLFDS~EOLFDGR6LVWHPD0XQLFLSDO
GH(QVLQR5HGH0XQLFLSDOGH(GXFDomRGD&LGDGHGR5LRGH-DQHLURTXHRIHUWDRSRUWXQLGDGHV
GLYHUVDVGHHVWXGRSDUDMRYHQVDGXOWRVHLGRVRVDXPHQWDUHPVXDHVFRODULGDGHHFRQFOXtUHPR
HQVLQR IXQGDPHQWDO 2 3(-$ p FRQVLGHUDGR D PDLRU SROtWLFD S~EOLFD PXQLFLSDO HP WHUPRV GH
RIHUWD GH YDJDV HP WRGD D$PpULFD /DWLQD 6mR 3(-$V RIHUHFLGRV QRV WXUQRV GD QRLWH H
PDQKmHHVFRODVH[FOXVLYDVTXHRIHUHFHPWXUQRVPDQKmWDUGHHQRLWHFRPDVPHWRGRORJLDV
VHPLSUHVHQFLDOHHGXFDomRjGLVWkQFLD2&5(-$pR&HQWURGH5HIHUrQFLDHP(GXFDomRGH
-RYHQVH$GXOWRVGRPXQLFtSLRGR5LR$OpPGHVHFRQVWLWXLUFRPRSROtWLFDS~EOLFDGHIRUPDomR
FRQWLQXDGD H UHIHUrQFLD QD GLVFXVVmR FXUULFXODU GD (-$ IXQFLRQD FRPR HVFROD H[FOXVLYD
VHPLSUHVHQFLDO H j GLVWkQFLD FRP GXDV KRUDV GLiULDV GH HVFRODUL]DomR DVVLP FRPR DV GXDV
RXWUDVHVFRODVH[FOXVLYDVGR3(-$RV&(-$V0DUpH$FDUL
ϯϭϬ
ϯϭϭ
HVWXGDQWHVFRPRSUHVHQoDVFRUSRUDLV$LQGDTXHWRGDDQRVVD
IRUPDomR FRPR SURIHVVRUHV QRV LQFHQWLYH D DJLU FRPR VH QmR
WLYpVVHPRVFRUSRDYHUGDGHGHQRVVRFRUSRGLDORJDFRQRVFR
6HUDFRQWHFHDSDUWLUGRFRUSR(VHHVFXWDUPRVQRVVRFRUSR
GHQWURGDVDODGHDXODHIRUDGHODDSUHQGHPRVPDLVIRUPDVGH
QRVUHODFLRQDUPRVXQVFRPRVRXWURV +22.6S
$V UHIOH[}HV VREUH FRUSRV H FXUUtFXORV QD (-$ WrP FRQWRUQDGR DV
SULQFLSDLV LQGDJDo}HV VREUH PLQKDV SUiWLFDV SHGDJyJLFDV FRP DV TXDLV PH
SURSXVDWUDYHVVDUHVHUDWUDYHVVDGDFRPRHVWXGRGDVUHODo}HVpWQLFRUDFLDLV
EHOO KRRNV QRV FRQYLGD DR HQFRQWUR TXH FRQVLGHUR XP GRV SULPHLURV
ensinamentosSDUDRdesaprendizadoGRUDFLVPRROKDUHDVVXPLURPHXFRUSR
HPVDODGHDXODRFRUSRGDSURIHVVRUDQmRQHJUDTXHGHVHMDHQVLQDUHDSUHQGHU
FRPFRUSRVQHJURVDGHQXQFLDUDVUHODo}HVUDFLDLVHPQRVVDVRFLHGDGH
5HWRUQRDTXLj1LOPDTXHQRVHQVLQDSHUJXQWDQGR³PDVHDVSUiWLFDVGH
(-$TXHVHGHVHQYROYHPQRFRQWH[WRHVFRODU"([LVWHPSUiWLFDVSRVLWLYDVSDUD
FRQWDU"´ *20(6S
&RP ,RODQGD 2OLYHLUD DSUHQGR VREUH D LPSRUWkQFLD GH XP
³DPELHQWH HVFRODU UHFHSWLYR´ H D ³EXVFD GH SRVVtYHLV DOLDGRV SDUD TXH
SRVVDPRV SHQVDU SODQHMDU H YLYHQFLDU SUiWLFDV SHGDJyJLFDV FRPSURPHWLGDV
FRPDGLYHUVLGDGHKXPDQDHRFRPEDWHjVGLVFULPLQDo}HVHH[FOXVmRUDFLDLV
&RP DV QDUUDWLYDV VREUH DV SUiWLFDV SHGDJyJLFDV TXH SUHWHQGR FRQWDU EXVFR
UHVSRQGHU j SHUJXQWD GH 1LOPD *RPHV YDORUL]DQGR R HQFRQWUR D WURFD D
FRQVWUXomR FROHWLYD TXH HQJHQGUDP QRVVDV SUiWLFDV táticas criadoras
$1'5$'( GHFXUUtFXORVDQWLUUDFLVWDV
3DUD D FRQVWUXomR GR WH[WR SURSRQKR FRP D PHWRGRORJLD GD QDUUDWLYD
UHIOHWLU através H com DOJXPDV SUiWLFDV SHGDJyJLFDV FRP IRFR QDV UHODo}HV
pWQLFRUDFLDLVYLYHQFLDGDVHPPHXVSURFHVVRVGHIRUPDomRGRFHQWHHPGXDV
HVFRODVTXHRIHUWDPD(-$(VFROD0XQLFLSDO-~OLR5RPHUR&RUGHLURORFDOL]DGD
QDFLGDGHGH5LR%RQLWRHR&HQWURGH(GXFDomRGH-RYHQVH$GXOWRVGD0DUp
$(VFROD0XQLFLSDO-~OLR5RPHUR&RUGHLURIRLDSULPHLUDHVFRODS~EOLFDGDHGXFDomREiVLFDHP
TXH WUDEDOKHL FRPR SURIHVVRUD (UD UHFpPOLFHQFLDGD HP +LVWyULD SHOD 8QLYHUVLGDGH )HGHUDO
)OXPLQHQVH H IXLFRQWUDWDGD SHOD 6HFUHWDULDGH (GXFDomR GR PXQLFtSLR GH 5LR %RQLWR
1HVWDHVFRODKDYLDTXDWURWXUPDVGD(-$GLYLGLGDVQRVTXDWURDQRVGRHQVLQRIXQGDPHQWDO$
HVFROD HVWDYD ORFDOL]DGD QD IURQWHLUD HQWUH DV ]RQDV XUEDQD H UXUDO GD FLGDGH ]RQD UXUDO GD
FLGDGHDWHQGHQGRDVVLPXPS~EOLFRGHWUDEDOKDGRUHVGLYHUVRV
ϯϭϮ
&(-$0DUpORFDOL]DGRQDFLGDGHGR5LR GH-DQHLUR&RPHVVDVQDUUDWLYDV
SUHWHQGR FRQWULEXLU SDUD GHVLQYLVLELOL]DU FRUSRUHLGDGHV QHJUDV HP VXDV
FRPSOH[LGDGHVHSRWHQFLDOLGDGHVQDHVFRODHSUREOHPDWL]DUFXUUtFXORVGHKLVWyULD
QDPRGDOLGDGH(-$VREDSHUVSHFWLYDGDYDORUL]DomRGDKLVWyULDHFXOWXUDDIUR
EUDVLOHLUDVHSRUWDQWRGRFRPSURPLVVRFRPWHRULDVHSUiWLFDVDQWLUUDFLVWDVQD
VDOD GH DXOD 1R UHODWR GDV PLQKDV PHPyULDV H KLVWyULDV EXVFR SURYRFDU
UHIOH[}HV VREUH RV OLPLWHV H SRWHQFLDOLGDGHV GDV QRVVDV SUiWLFDV VREUH RV
GHVDILRVRVHUURVHRVDFHUWRVTXHGHVHMDPSRVVLELOWDURUHFRQKHFLPHQWRHD
GHQ~QFLDGRSUHFRQFHLWRUDFLDOcomHVWXGDQWHVQHJURVHQHJUDVHdesaprender
o racismo
1DUUDUHescutar a si FRPRSURFHVVRIRUPDWLYR
³VROWDUDSDODYUDHVSHFLDOPHQWHDHVFULWDGHL[DUR
FRUSRH[SDQGLUVXDIDODVXDH[SUHVVmRFRPWHVmR
GHVHMRHQYROYLPHQWRpPXLWRGLItFLO´ 75,1'$'(
Narrar a vida e literaturizar a ciência pXPGRVPRYLPHQWRVQHFHVViULRV
DRV TXH SHVTXLVDP FRP R FRWLGLDQR HVFRODU HQWHQGHQGR R FRWLGLDQR FRPR
FRWLGLDQRV QR SOXUDO HP VXDV FULDo}HV UHSHWLo}HV FRPSOH[LGDGHV H
LPSUHYLVLELOLGDGHV $/9(6 $1'5$'( &$/'$6 &RPSUHHQGHQGR D
QDUUDWLYD FRPR arte de fazer, arte de contar SDUD DV SHVTXLVDGRUDV GRV
FRWLGLDQRV
(VWHPRYLPHQWRDWpDTXLQRVSHUPLWLXSHQVDUDQDUUDWLYDFRPR
SUiWLFDV DFHUFD GD PHPyULD GDV SUiWLFDV 3DUD FRPHoDU QmR
SHQVDPRVQDQDUUDWLYDFRPRUHWRUQRDRLQGLYtGXRSRLV&HUWHDX
MiQRVDWHQWRXSDUDLVVRPDVFRPREXVFDVSRUFRQKHFHU
RV HIHLWRV GDV SUiWLFDV HQWUH DV SHVVRDV QR SHUPDQHQWH
2 &HQWUR GH (GXFDomR GH -RYHQV H$GXOWRV GD 0DUp &(-$ 0DUp p XPD HVFROD GD UHGH
PXQLFLSDO GR 5LR GH -DQHLUR LQDXJXUDGD HP FRP R REMHWLYR GH DWHQGHU
H[FOXVLYDPHQWHMRYHQVHDGXOWRVTXHSUHWHQGHPFRQFOXLUR(QVLQR)XQGDPHQWDOQDPRGDOLGDGH
(-$2&(-$RIHUHFHDVPHWRGRORJLDVVHPLSUHVHQFLDOHjGLVWkQFLDSDUDRDWHQGLPHQWRDRVVHXV
HVWXGDQWHV2VMRYHQVDGXOWRVHLGRVRVPDWULFXODGRVQR&(-$DVVLVWHPGXDVKRUDVGLiULDVGH
DXODVGLYLGLGDVDRORQJRGDVHPDQDSRUGLVFLSOLQDV$OpPGDVGXDVKRUDVGHDXODXPDVpULHGH
DWLYLGDGHVVmRSURSRVWDVDRVHVWXGDQWHVSDUDRFXPSULPHQWRGDVGX]HQWDVKRUDVDXODVGRDQR
OHWLYR SUHYLVWDV QD /HL GH 'LUHWUL]HV H %DVHV GD (GXFDomR $V DWLYLGDGHV VmR H[HUFtFLRV H
SHVTXLVDVGHVHQYROYLGDVIRUDGRKRUiULRHVFRODUDWLYLGDGHVGHLQWHJUDomRHQWUHRVHVWXGDQWHVH
DV WXUPDV TXH FRPS}HP R WXUQR H D DJHQGD FXOWXUDO GHVFULomR GD SDUWLFLSDomR HP DOJXPD
DWLYLGDGHFXOWXUDORXOHLWXUDGHOLYURRXILOPH 6RXSURIHVVRUDGDUHGHPXQLFLSDOGR5LRGHVGH
HHPFRPHFHLDOHFLRQDUQR&(-$HDFRQYLYHUGLDULDPHQWHFRPMRYHQVDGXOWRVH
LGRVRVGD0DUp
ϯϭϯ
µfazerpensar¶TXHUHDOL]DPQRVFRWLGLDQRV $/9(6$1'5$'(
&$/'$6S
1HVVH VHQWLGR EXVFR QD SHVTXLVD FRP RV FRWLGLDQRV R FDPLQKR
HSLVWHPROyJLFR SDUD QDUUDU PLQKDV SUiWLFDV SHGDJyJLFDV 1DUUDU H
aprenderensinar QDUUDU H voltarH pegar FRPR QRV HQVLQD D VDQNRID QDUUDU H
SRVVLELOLWDUDautoatualização +22.6 QDUUDUHFRQVWUXLUUHGHVIRUPDWLYDV
TXHSHQVHPDHPDQFLSDomRFRPRFKmRGDHVFROD
6HJXQGR&HUWHDX³RUHODWRQmRH[SULPHXPDSUiWLFD1mRVHFRQWHQWDHP
GL]HURPRYLPHQWR(OHRfaz´ &(57($8S HDVVLPDQDUUDWLYDp
espaçotempo GH FR FULDomR HODERUDomR escuta de si no processo de (auto)
formação 5(,6&$032S
1HVVD³HVFXWDGHVL´HQDVHVFXWDVFRPRVRXWURVFRPSDUWLOKRXPGRV
JHVWRV GH1tYHD$QGUDGH QDUHIOH[mR TXH D SHVTXLVDGRUD WHFH comRV
UHODWRVGDVQDUUDWLYDV daspraticantespensantesGRVFXUUtFXORVQDVHVFRODV3DUD
QDUUDU QRVVRV FRWLGLDQRV SDUD QDUUDU QRVVDV HVFXWDV H DV WDQWDV YR]HV TXH
KDELWDP QRVVDV H[SHULrQFLDV VHJXQGR $QGUDGH p SUHFLVR SULPHLUDPHQWH
FRPSUHHQGHUo lugar de onde falo5HIOHWLUVREUHquemVRXcomoVRXFRPRYLYR
DH[SHULrQFLDGHserSURIHVVRUDHSHVTXLVDGRUDGRFRWLGLDQRQDUUDGR
O lugar de onde faloHQFRQWUDKLVWyULDVGHSUiWLFDVFRP³A Redenção de
Cam´QDVVDODVGHDXODGD(-$
&KHJXHL DR &(-$ 0DUp QR DQR GH 1HVWH DQR FRPSOHWDYD XPD
GpFDGD GH WUDEDOKR FRPR SURIHVVRUD GD HVFROD S~EOLFD QD HGXFDomR EiVLFD
)RUDP GH] DQRV DWUDYHVVDGRV SHOR HQFRQWUR FRP DOJXPDV WXUPDV GD (-$
1HVVHV GH] DQRV IXL WXWRUD HP WUrV FXUVRV GH H[WHQVmR XQLYHUVLWiULD FRP
A Redenção de CampXPDSLQWXUDDyOHRVREUHWHODUHDOL]DGDSHORDUWLVWDHVSDQKRO0RGHVWR
%URFRV HP$WHODLOXVWURXDWHVHGH-RmR%DWLVWDGH/DFHUGDGLUHWRUGR0XVHX
1DFLRQDOGR5LRGH-DQHLURQR,&RQJUHVVR,QWHUQDFLRQDOGDV5DoDVQRDQR6HJXQGR/LOLD
6FKZDUF] ³D WHVH DSUHVHQWDGD HUD FODUD H GLUHWD µR %UDVLO PHVWLoR GH KRMH WHP QR
EUDQTXHDPHQWRHPXPVpFXORVXDSHUVSHFWLYDVDtGDHVROXomR¶ /DFHUGD 2DXWRU
UHFRQVWUyLSRUPHLRGHLPDJHQVQmRVyDUJXPHQWRVFRPRSHUVSHFWLYDVGDpSRFD2SDtVHUD
GHVFULWR FRPR XPD QDomR FRPSRVWD SRU UDoDV PLVFLJHQDGDV SRUpP HP WUDQVLomR (VVDV
SDVVDQGR SRU XP SURFHVVR DFHOHUDGR GH FUX]DPHQWR H GHSXUDGDV PHGLDQWH XPD VHOHomR
QDWXUDO RXTXLoiPLODJURVD OHYDULDDVXSRUTXHR%UDVLOVHULDDOJXPGLDEUDQFR´ 6&+:$5&=
S
ϯϭϰ
PRYLPHQWRV VRFLDLV 8)) 8(5- H 8)5- SUHVWHL DOJXQV FRQFXUVRV S~EOLFRV
SDUDPXQLFtSLRVGRLQWHULRUGRHVWDGRGR5LRFRQFOXtRFXUVRGHPHVWUDGRHP
6HUYLoR 6RFLDO PH IRUPHL GRXOD H WLYH GXDV ILOKDV 3DUD QDUUDU PLQKDV
H[SHULrQFLDVHPLQKDVSUiWLFDVSHGDJyJLFDVQmRSRVVRPHIXUWDUGDVKLVWyULDVH
GRVFDPLQKRVTXHPHIRUPDPSURIHVVRUDcomDVHVFRODVcomDXQLYHUVLGDGHH
FRP RXWUDV redes IRUPDWLYDV TXH WHFHUDP PLQKD rede de conhecimentos e
significações $1'5$'($/9(6
0HXSHUFXUVRIRUPDWLYRQHVWHSULPHLURGHFrQLRGRVpFXOR;;,pWDPEpP
IRUWHPHQWHPDUFDGRSHODDVVXQomRGRVGHEDWHVQDVXQLYHUVLGDGHVDFHUFDGDV
UHODo}HV pWQLFRUDFLDLV SURYRFDGRV SHODV OHLV H TXH
DOWHUDUDPD/HLGH'LUHWUL]HVH%DVHVGD(GXFDomR1DFLRQDO /'% DVVLPFRPR
D5HVROXomRQGHTXHLQVWLWXLXDV'LUHWUL]HV&XUULFXODUHV1DFLRQDLVSDUD
D(GXFDomRGDV5HODo}HVeWQLFR5DFLDLVHSDUDR(QVLQRGH+LVWyULDH&XOWXUD
$IUR%UDVLOHLUDH$IULFDQD
1RHQWDQWRTXDQGRFRPHFHLDGDUDXODVGHKLVWyULDQDUHGHS~EOLFDQR
LQtFLRGRDQRGHQmRKDYLDPDWHULDLVTXHYDORUL]DVVHPDKLVWyULDHFXOWXUD
DIUREUDVLOHLUD QDV HVFRODV 1mR KDYLD QHQKXPD SURSRVWD GH IRUPDomR
FRQWLQXDGDFRPDVDOWHUDo}HVSURYRFDGDVSHODVOHLVHGLUHWUL]HV3RUXPWHPSR
PHDXVHQWHLGDGLVFXVVmRRXaceitei essa ausência +22.6 3RURQGH
FRPHoDUVHHXQmRWLQKDIRUPDomRHDVHVFRODVQmRRIHUHFLDPPDWHULDO"
(PDOJXPPRPHQWRHQWHQGLTXHSUHFLVDYDFRPHoDUSUHFLVDYDEXVFDUQD
PLQKD UHGH IRUPDWLYD H[SHULrQFLDV H LQWHUORFXo}HV WHyULFDV SDUD SODQHMDU
DWLYLGDGHVDWUDYHVVDGDVSHODVUHODo}HVpWQLFRUDFLDLV
$WXHLFRPRWXWRUDFRPRVH[WHQVLRQLVWDVQRVFXUVRV5HDOLGDGH%UDVLOHLUD,, 8))8QLYHUVLGDGH
)HGHUDO )OXPLQHQVH (PDQFLSDo}HV 8(5- 8QLYHUVLGDGH GR (VWDGR GR 5LR GH -DQHLUR H
7HRULDV6RFLDLVH3URGXomRGR&RQKHFLPHQWR 8)5-8QLYHUVLGDGH)HGHUDOGR5LRGH-DQHLUR
$OJXQVGRVFXUVRVGHH[WHQVmRHPTXHIXLWXWRUDVREUHWXGRRVFRRUGHQDGRVFRPR0RYLPHQWR
GRV 7UDEDOKDGRUHV 5XUDLV 6HP 7HUUD IRUDP REMHWRV GH SHVTXLVD HP PLQKD 'LVVHUWDomR GH
0HVWUDGRGHIHQGLGDHPPDUoRGHQR3URJUDPDGH3yV*UDGXDomRHP6HUYLoR6RFLDOGD
8QLYHUVLGDGH )HGHUDO GR 5LR GH -DQHLUR LQWLWXODGD Formação política no Movimentos dos
Trabalhadores Rurais Sem Terra: devir histórico e dimensão estratégica nas lutas políticas
contemporâneas
'HDFRUGRFRPD$VVRFLDomRGH'RXODVGR5LRGH-DQHLUR³'RXODVVmRSURILVVLRQDLVWUHLQDGDV
H FDSDFLWDGDV SDUD RIHUHFHU HGXFDomR SHULQDWDO GXUDQWH R FLFOR JUDYtGLFRSXHUSHUDO H VXSRUWH
HPRFLRQDOHItVLFRFRQWtQXRSDUDDJHVWDQWHDQWHVGXUDQWHHORJRDSyVRSDUWR(QFRUDMDPD
PXOKHUDEXVFDULQIRUPDomRVHPWXWHODUHIRUoDPRDWRGHSDULUFRPRDOJRILVLROyJLFRHDSRLDP
DVHVFROKDVGDPXOKHU´,QIRUPDomRGLVSRQtYHOHPKWWSVGRXODVUMFRPEURTXHHXPDGRXOD
$FHVVRHP
ϯϭϱ
$ SULPHLUD YH] TXH HVWLYH QXPD VDOD GH DXOD GH HVFROD S~EOLFD FRPR
SURIHVVRUDHQFRQWUHLGXDVWXUPDVFRPHVWXGDQWHVDGXOWRVHLGRVRVGD(-$$
HVFRODILFDYDQXPEDLUURDIDVWDGRGRFHQWURSRUWDQWRSUy[LPRj]RQDUXUDOGD
FLGDGHGH5LR%RQLWRPLQKDFLGDGHQDWDOORFDOL]DGDQRVOLPLWHVILQDLVGDUHJLmR
PHWURSROLWDQD GR 5LR $ PDLRU SDUWH GRV HVWXGDQWHV HUDP PXOKHUHV QHJUDV
TXDVHWRGDVWUDEDOKDYDPFRPRGRPpVWLFDV2VKRPHQVWDPEpPQHJURVHUDP
WUDEDOKDGRUHV UXUDLV 3URFXUHL SHOR FXUUtFXOR RX DOJXPD RULHQWDomR SDUD R
SODQHMDPHQWR GDV DXODV H PH RIHUHFHUDP XP OLYUR GLGiWLFR GR VH[WR DQR GR
HQVLQR IXQGDPHQWDO 1mR KDYLD GLVFXVVmR FXUULFXODU QDTXHOH PXQLFtSLR SDUD D
PRGDOLGDGH (-$$ SURSRVWD HUD R arremedo RX VHMD WUDQVIRUPDU R FRQWH~GR
YROWDGRSDUDDVFULDQoDVHPFRQWH~GRSDUDDGXOWDVHDGXOWRVQHJUDVHQHJURV
WUDEDOKDGRUHVGDFLGDGHHGRFDPSR(XQmRWLQKDLGHLDGHFRPRSODQHMDUDXODV
SDUDHOHV4XDOFRQWH~GRWUDULDSDUDDDXOD"2TXHRVLQWHUHVVDULD"
0H UHFRUGHL GR caderno de campo WDPEpP FKDPDGR GH caderno da
realidade XP GLiULR TXH XWLOL]DPRV QRV FXUVRV GH IRUPDomR SROtWLFD GRV
PRYLPHQWRVVRFLDLVTXHFRQKHFLQDH[SHULrQFLDGHWXWRULDGXUDQWHDH[WHQVmR
XQLYHUVLWiULD 1HVVHV GLiULRV RV FXUVLVWDV QDUUDYDP VXDV YLGDV VHX tempo
comunidadeHWUD]LDPDVQDUUDWLYDVSDUDRGHEDWHQR tempo escola3URSXV
HPXPDGDVWXUPDVTXHFRQWiVVHPRVQDDXODHHVFUHYrVVHPRVQRVFDGHUQRV
GD PDWpULD GH KLVWyULD VREUH TXHP pUDPRV QyV 'HVVD IRUPD GDULD LQtFLR DR
HVWXGRGDKLVWyULDFRPQRVVDVKLVWyULDV
Mas como começar, professora? 3HUJXQWDYDP /HPEUR GH UHVSRQGHU
TXHSRGtDPRVFRPHoDUIDODQGRGRVQRVVRVDYyVHELVDYyVGHTXHPYHLRDQWHV
GH QyV 3HQVDU QDV KLVWyULDV GDV QRVVDV IDPtOLDV QXP H[HUFtFLR GH PHPyULD
VREUHQRVVDVKLVWyULDV3URSXVHVVHH[HUFtFLRSRUTXHTXHULDFRQWDU HFRQWHL
SDUDRVHVWXGDQWHVTXHPLQKDELVDYyHUDXPDPXOKHUQHJUDHTXHHUDUH]DGHLUD
KLVWyULDVLOHQFLDGDSHODPLQKD IDPtOLDTXHHPEUDQTXHFHXQRVIHQyWLSRVHQRV
FRVWXPHV6HXQRPHHUD'RPLQJDV'RPLQJDVVHFDVRXFRPXPKRPHPEUDQFR
HWLYHUDPGXDVILOKDVXPDGHODVpPLQKDDYyTXHVHFDVRXFRPRXWURKRPHP
2V FXUVRV GH H[WHQVmR FRP R 0RYLPHQWR GRV 7UDEDOKDGRUHV 5XUDLV 6HP 7HUUD HUDP
RUJDQL]DGRVFRPDSHGDJRJLDGDDOWHUQkQFLDTXHSURSXQKDLQWHUFDODURWHPSRGRDSUHQGL]DGR
QDHVFRODHRXXQLYHUVLGDGHFRPRWHPSRGHDSUHQGL]DGRFRPDVH[SHULrQFLDVFRWLGLDQDVGD
YLGD H WUDEDOKR IDYRUHFHQGR H YDORUL]DQGR R GLiORJR FRP DV TXHVW}HV GR DVVHQWDPHQWR GD
FRPXQLGDGH$DOWHUQkQFLDpSUiWLFDSHGDJyJLFDGDHGXFDomRQRFDPSR &$/'$57
ϯϭϲ
EUDQFRPHXDY{3DUWHGDIDPtOLDSDVVRXDVHUFDWyOLFDHPDOJXPPRPHQWR1R
HQWDQWRQmRHVTXHoRGDVKLVWyULDVTXHPLQKDPmHFRQWDYDVREUHRV[DURSHVH
XQJXHQWRVTXHPLQKDELVDID]LDVREUHDVUH]DVSDUDFXUDUDVSHVVRDVDOpPGR
FXOWRD,DQVm
1mR UHFRUGR VH FRQWHL WRGRV RV FDPLQKRV GHVVD PLQKD KLVWyULD IDPLOLDU
SDUD DTXHOD WXUPD PDV DR FRQWDU SDUWH GHVVD KLVWyULD EXVTXHL LPDJHQV QRV
OLYURVGLGiWLFRVHPDWHULDLVDTXHWLQKDDFHVVRFRPDVTXDLVSXGHVVHUHDOL]DU
DOJXP GHEDWH VREUH UDFLVPR &RQVHJXL FRSLDU DOJXPDV LPDJHQV HP SUHWR H
EUDQFR H SULYLOHJLHL LPDJHQV FRP PXOKHUHV QHJUDV WDOYH] QR PRYLPHQWR GH
DUWLFXODomRFRPDKLVWyULDGDELVD'RPLQJDVHFRPDVHVWXGDQWHV
/HYHL SDUD D HVFROD DOJXPDV GDV LPDJHQV XPD GHODV HUD R IDPRVR
TXDGURA Redenção de Cam
2V HVWXGDQWHV GDTXHOD WXUPD PDQLSXODUDP DV LPDJHQV FRP DOJXPDV
SHUJXQWDV TXH JLUDYDP HP WRUQR GH VDEHU VH DV SHVVRDV UHWUDWDGDV DOL HUDP
HVFUDYL]DGDVRXHVFUDYL]DGRVRXVHMiHUDPOLEHUWRV$ILUPDYDPTXHDVLPDJHQV
SDUHFLDPPXLWRFRPRSUHVHQWHSRUTXHPRVWUDYDPQHJUDVHQHJURVQD³OLGD´
7HUPLQDPRVDDXODFRPRGHEDWHVREUHHVFUDYL]DomRHWUDEDOKRFRPIRFRQR
ILP GD HVFUDYLGmR H QD IDOWD GH SROtWLFD S~EOLFD TXH SHQVDVVH QRV GLUHLWRV GD
SRSXODomRQHJUDEUDVLOHLUDQRSyVDEROLomR
9ROWDPRVjSURSRVWDGHFRQWDUQRVVDVKLVWyULDVHXPDDOXQDPHSHGLXD
LPDJHP GH A Redenção de Cam SDUD FRODU QR FDGHUQR (OD HVFUHYHX XP
SHTXHQRWUHFKLQKRTXHWDPEpPIDODYDGDVXDDYyXPDPXOKHUQHJUDFRPRHOD
HTXHFRPRPLQKDELVDYyWDPEpPUH]DYDDVSHVVRDV(ODLGHQWLILFRXDPXOKHU
QHJUDGRTXDGURFRPVXDDYyQHJUDUH]DGHLUD(XWHUPLQHLDDXODIHOL]SRUTXH
FRQVHJXL FRP TXH DOJXQV HVWXGDQWHV FRPSDUWLOKDVVHP H HVFUHYHVVHP VXDV
KLVWyULDV UHIOHWLVVHP VREUH VHX SDVVDGR H VH LGHQWLILFDVVHP FRP RV FRUSRV
QHJURVTXHVWLRQDQGRDOJXPDRSUHVVmRUDFLDO
0XLWRVDQRVGHSRLVXVHLDPHVPDLPDJHPHPRXWUDVDODGHDXODGD(-$
1HVVH PRPHQWR Mi OHFLRQDYD QR &(-$ 0DUp 3URSXV XPD DWLYLGDGH HP TXH
Oiá RX IansãpRUL[iTXHGLULJHRYHQWRDVWHPSHVWDGHVHDVHQVXDOLGDGHIHPLQLQDeDVHQKRUD
GRUDLRHVREHUDQDGRVHVStULWRVGRVPRUWRV 35$1',
3DODYUDTXHXVDYDPSDUDVHUHIHULUHPDRWUDEDOKRVREUHWXGRRVKRPHQVTXHWUDEDOKDYDPQD
DJULFXOWXUD
ϯϭϳ
QRVVR REMHWLYR HUD UHIOHWLU FRP DV LPDJHQV GDV PXOKHUHV QD FHQD GR TXDGUR
DFHUFD GDV WHRULDV GR HPEUDQTXHFLPHQWR PHVWLoDJHP H GD PDWHUQDJHP GH
PXOKHUHVQHJUDVHSDUGDV
$DWLYLGDGHFRPA Redenção de CamQR&(-$QmRYHLRDFRPSDQKDGDGD
SURSRVWDGHHVFUHYHUVREUHQRVVDVKLVWyULDVFRPRQDSULPHLUDYH]QD(-$UXUDO
PDVWLQKDFRPRREMHWLYRDERUGDURSURFHVVRHXJrQLFRHQJHQGUDGRSHORHVWDGR
EUDVLOHLURHPEXVFDGRHPEUDQTXHFLPHQWRGDSRSXODomRFRPDYDORUL]DomRGD
PHVWLoDJHPFRPRDtransiçãoSDUDHVWHILP 6&+:$5&=H6(<)(57+
$SURSRVWDHUDHQWUHODoDURWHPDGDPHVWLoDJHPFRPDVTXHVW}HVGDV
PXOKHUHV H PmHV QHJUDV TXHVW}HV TXH DWUDYHVVDYDP PHX FRWLGLDQR QDTXHOH
WHUULWyULR
'HVVDYH]QmRFRPSDUWLOKHLDKLVWyULDGDPLQKDELVDYy3URMHWHLDLPDJHP
QRTXDGURGDVDODGHDXODH[SOLTXHLEUHYHPHQWHRVFRQFHLWRVGHPHVWLoDJHPH
HPEUDQTXHFLPHQWRHSURYRTXHLRVROKDUHVSDUDDPDWHUQLGDGHVXJHULQGRTXH
REVHUYiVVHPRV D PmH FRP R EHEr $ SURSRVWD HUD TXH DSyV R GHEDWH
HVFUHYrVVHPRV XP WH[WR FROHWLYR FRP RV WHPDV TXH VXUJLUDP 3DUD PLQKD
VXUSUHVDDGLVFXVVmRHQWUHDVHVWXGDQWHVJLURXHPWRUQRGRWUDEDOKR$LPDJHP
TXH HODV YLDP QD WHOD HUD GH XPD PXOKHU WUDEDOKDGRUD GRPpVWLFD (ODV
REVHUYDYDPRTXDGURHPHGL]LDP- Professora, no quadro tem um pai, um bebê,
uma empregada e uma babá. Eu fui babá com 12 anos. 0H FRQWRX XPD
HVWXGDQWHTXHDSDUHQWDYDVHVVHQWDDQRV
$VHVWXGDQWHVDRREVHUYDUHPDVGLVSRVLo}HVGRVFRUSRVQDTXHODREUD
VH LGHQWLILFDUDP FRP DV SHUVRQDJHQV GH FRU GH SHOH QHJUD UHWLQWD H SDUGD$
LPDJHPGDmucamaGDmãe pretaGDbabá pDLPDJHPTXHFRQYHUVDFRPD
UHDOLGDGHGDYLGDGHFDGDXPDGDTXHODVHVWXGDQWHVTXHIRUDPWUDEDOKDGRUDV
$IRUPDomRHH[SHULrQFLDFRPRGRXODPHSRVVLELOLWRXDDWXDomRFRPRHGXFDGRUDSHULQDWDOHP
HQFRQWURV VHPDQDLV FRP JHVWDQWHV H SXpUSHUDV PRUDGRUDV GD 0DUp HP VXD JUDQGH PDLRULD
PXOKHUHV QHJUDV (VVHV HQFRQWURV QD 0DUp IRUDP FRQVWUXtGRV D SDUWLU GH XP FROHWLYR GH
HGXFDomR SHULQDWDO QR TXDO SDUWLFLSDYDP GRXODV H DWLYLVWDV IHPLQLVWDV 2 REMHWLYR GHVVHV
HQFRQWURVHUDDPSOLDURFRQKHFLPHQWRDFHUFDGRVGLUHLWRVVH[XDLVHUHSURGXWLYRVHQWUHPXOKHUHV
SHULIpULFDVQHJUDVHIDYHODGDVSRVVLELOLWDQGRFRQYHUVDVVREUHRWHPDFRPDTXHODVTXHPDLV
VRIUHPDVYLROrQFLDVREVWpWULFDVHPQRVVRSDtV2SULPHLURHQFRQWURDFRQWHFHXHPQRYHPEUR
GH DOJXQV PHVHV DSyV HX WHU LQLFLDGR R WUDEDOKR FRPR SURIHVVRUD GH KLVWyULD QR &(-$
0DUp2VHQFRQWURVSHUPDQHFHPDWp1HVWH~OWLPRDQRFRPDSRLRGD)XQGDomR2VZDOGR
&UX] )LRFUX] TXH DWUDYpV GH XP HGLWDO S~EOLFR GLVSRQLELOL]RX VXSRUWH j SURMHWRV GH
HQIUHQWDPHQWRjSDQGHPLDGHFRYLGQDVIDYHODVGR5LRGH-DQHLUR
ϯϭϴ
ϯϭϵ
WUDEDOKDGRUDVTXHGHVHQYROYHPVHUYLoRGRPpVWLFRUHPXQHUDGR
HUDPPXOKHUHVQHJUDVFXMRSHUILOpGHEDL[DHVFRODULGDGHHGH
RULJHPIDPLOLDUGHEDL[DUHQGD7UDWDVHGHXPDLQYDULiYHOGHVGH
RSHUtRGRGDHVFUDYLGmRUHYHODQGRDSHUPDQrQFLDQDVPHVPDV
DWLYLGDGHV UHDOL]DGDV QD FR]LQKD GD casa-grande H PXLWDV
YH]HV UHFHEHQGR WUDWDPHQWR VLPLODU DR TXH VHXV DQFHVWUDLV
UHFHEHUDP %(172SJULIRPHX
2DSUHQGL]DGRFRPDVUHIOH[}HVDFHUFDGDQDUUDWLYDFRPA Redenção de
Cam DSRQWDSDUDDOJXQVOLPLWHVHSRWHQFLDOLGDGHVHPDSURIXQGDUHGHQXQFLDUR
SUHFRQFHLWRHOLGDUFRPDVIHULGDVGRUDFLVPR
1RPRYLPHQWRGDQDUUDWLYDTXHVHSUHRFXSDHPSHQVDUVREUHTXHPQDUUD
PHYHMRFRPRDSURIHVVRUDQmRQHJUDTXHWHPVHXSHUFXUVRIDPLOLDUPDUFDGR
SHOR HPEUDQTXHFLPHQWR 0LQKD IDPtOLD VHJXH VXD KLVWyULD FRPR XPD IDPtOLD
EUDQFD¬contrapelo %(1-$0,1 GDVKHUDQoDVTXHTXLVHUDPPHSDVVDU
EXVFRQDPLQKDELVDYyXPDLQWHUORFXomRSDUDKRQUDUHYDORUL]DUDKLVWyULDGDV
PXOKHUHVQHJUDVHPPLQKDtomada de posiçãoDQWLUUDFLVWDFRPDVHVWXGDQWHV
(X QmR YL WUDEDOKR QD LPDJHP SRUTXH PHX ROKDU H PHX FRUSR QmR FDUUHJDP
HVVDKLVWyULDHXYLDDDYy
EHOOKRRNV QRVFRQYLGDDUHIOHWLUVREUHquando pessoas brancas se
transformam DR UHODWDU GXDV KLVWyULDV GH DPLJRV TXH FRQVLGHUD DQWLUUDFLVWDV
6HJXQGR KRRNV VHXV DPLJRV ³IL]HUDP HVVD HVFROKD QD LQIkQFLD´ 6HJXLQGR D
VXJHVWmRGHKRRNVEXVFRGHVVDIRUPDQDPLQKDLQIkQFLDRVFDPLQKRVSRURQGH
SRVVRHQFRQWUDUDOJXQVIRFRVGHUHVLVWrQFLDjVRFLDOL]DomRFRPRSHVVRDEUDQFD
Hdesaprender o racismo +22.6S
1DSULPHLUDYH]TXHWUDEDOKHLFRPDWHODA Redenção de CamDSHVDUGH
WUD]HUDKLVWyULDGDPLQKDELVDYyHXQmRPHFRORTXHLFRPRSHVVRDQmRQHJUD
SRUTXHSURYDYHOPHQWHQmRDFHVVDYDDLQGDHVWHdesaprendizado1DYHUGDGH
HXQmRUHIOHWLDVREUHPLQKDSUHVHQoDFRUSyUHDQmRROKDYDSDUD PHXFRUSRH
QHP LPDJLQDYD R TXH HOH WLQKD D GL]HU +22.6 R TXH HOH SRGHULD
FRPXQLFDU 7DOYH] QHP SHUFHEHVVH R FRUSR GRV HVWXGDQWHV HP VXDV
FRUSRUHLGDGHVFRPVXDVKLVWyULDV
1DVGXDVYH]HVHPTXHH[SHULPHQWHLHVVDSUiWLFDSHGDJyJLFDVLOHQFLHL
DFHUFDGDVUHOLJL}HVGHPDWUL]DIULFDQD2WHPDDSDUHFHXQRPHXUHODWRQRUHODWR
GDVHVWXGDQWHVGD(-$HP5LR%RQLWRHGR&(-$0DUpPDVDIRUoDGRpacto da
branquitude %(172 HVFROKH R VLOrQFLR FRPR conforto racial SDUD QmR
ϯϮϬ
enfrentar o racismo ',$1*(/2 5HIOHWLU VREUH DV UHOLJL}HV GH PDWUL]
DIULFDQD FRP HVWXGDQWHV WrP VLGR XP GHVDILR GDV SUiWLFDV DQWLUUDFLVWDV QDV
HVFRODVVREUHWXGRQRFRQWH[WRGHHQRUPHDYDQoRGDVLJUHMDVQHRSHQWHFRVWDLV
QDV SHULIHULDV EUDVLOHLUDV H GR XVR SROtWLFR TXH VH SURS}H D SDUWLU GHVVHV
HVSDoRV GLIXVRUHV GDV SDXWDV PDLV FRQVHUYDGRUDV H UHDFLRQiULDV HP QRVVD
VRFLHGDGH
&RP/LD6FKXFPDQ DSUHQGRDLPSRUWkQFLDHPQRVHQWHQGHUPRV
FRPRVXEMHWLYLGDGHVTXHVmRIRUPDGDVQDVHVWUXWXUDVUDFLDOL]DGDVHTXHSDUDD
OXWD DQWLUUDFLVWD D branquitude SUHFLVD GHVDSUHQGHU tomar posição de seu
racismo latente H DVVXPLU processos de desidentificação com os significados
racistas
(VVDVQDUUDWLYDVTXHUHPaprenderensinarUHODo}HVpWQLFRUDFLDLVFRPD
HGXFDomRGHMRYHQVHDGXOWRVWHQVLRQDQGRRVVLOrQFLRVGDSURIHVVRUDQmRQHJUD
VREUH VHX FRUSR H RV FRUSRV GH HVWXGDQWHV QHJUDV H QHJURV WHQVLRQDQGR DV
fragilidades brancas ',$1*(/2 GD SURIHVVRUD SRUWDQWR DVVXPLQGR H
FRQVWUXLQGRLQGDJDo}HVHPGLiORJRVREUHRTXHQRVVRVFRUSRVUDFLDOL]DGRVWHP
DGL]HUHRTXHQRVVDVFRUSRUHLGDGHVSRGHPQRVHQVLQDU +22.6
&RQVLGHUDo}HV)LQDLV
Soltar a palavra HQWUDU FRP R eros +22.6 QDV VDODV GH DXOD
UHODWDUFRQWDUQDUUDUHVHLQVHULUQDVSUiWLFDVHQDVUHIOH[}HVVREUHDVSUiWLFDV
QmR IRL XPD WDUHID IiFLO FRPR Mi PH DOHUWDYD D SURIHVVRUD$]RLOGD 7ULQGDGH
(VFUHYHUHVWHWH[WRIRLXPH[HUFtFLRGHLGDVHYLQGDVQDVPLQKDVKLVWyULDVFRP
D(-$FRPPLQKDIDPtOLDFRPPLQKDIRUPDomRHFRPDVDo}HVRQGHDFHUWHLH
HUUHL$VVXPLUQRVVRVOLPLWHVQHPVHPSUHpFRQIRUWiYHODVVXPLUQRVVRracismo
latenteQmRQRVUHGLPH
(VWH WH[WR IRL HVFULWR HP GLiORJR FRP PXLWDV YR]HV RV HVWXGDQWHV DV
WHRULDV RV FROHJDV GR GRXWRUDGR R JUXSR GH SHVTXLVD RV FRPSDQKHLURV GD
HVFROD WRGRV SHUFRUUHP RV FDPLQKRV TXH RXVHL DWUDYHVVDU SDUD SHQVDU com
PLQKDVSUiWLFDVTXHTXHUHPHQVLQDUHDSUHQGHUUHODo}HVpWQLFRUDFLDLVFRPD
(-$
ϯϮϭ
ϯϮϮ
BBBBBBBBBBBB3HGDJRJLDGDHVSHUDQoDXPUHHQFRQWURFRPDSHGDJRJLD
GRRSULPLGRHG6mR3DXOR5LRGH-DQHLUR3D]H7HUUD
*20(61LOPD/LQR(GXFDomRGHMRYHQVHDGXOWRVHTXHVWmRUDFLDO
DOJXPDVUHIOH[}HVLQLFLDLV,162$5(6/H{QFLR*,29$1(77,0DULD
$PpOLD*20(61LOPD/LQR'LiORJRVQDHGXFDomRGHMRYHQVHDGXOWRV%HOR
+RUL]RQWH$XWrQWLFD(GLWRUD
BBBBBBBBBBBBBBBBBB2PRYLPHQWRQHJURHGXFDGRUVDEHUHVFRQVWUXtGRV
QDVOXWDVSRUHPDQFLSDomR3HWUySROLV5-9R]HV
+22.6EHOO(QVLQDQGRDWUDQVJUHGLUDHGXFDomRFRPRSUiWLFDGD
OLEHUGDGH6mR3DXOR(GLWRUD:0)0DUWLQ)RQWHV
BBBBBBBBBBB2OKDUHVQHJURVUDoDHUHSUHVHQWDomR6mR3DXOR(OHIDQWH
BBBBBBBBBBB(QVLQDQGRRSHQVDPHQWRFUtWLFRVDEHGRULDSUiWLFD6mR
3DXOR(OHIDQWH
BBBBBBBBBBB(QVLQDQGRFRPXQLGDGHXPDSHGDJRJLDGDHVSHUDQoD6mR
3DXOR(OHIDQWH
/27,(5=276&+:$5&=/.05DoDJrQHURHSURMHWREUDQTXHDGRU
³DUHGHQomRGH&DP´GH0RGHVWR%URFRV$UWHORJLHQ2FWREUH
/2852*XDFLUD/RSHV RUJ 2FRUSRHGXFDGRSHGDJRJLDVGD
VH[XDOLGDGH%HOR+RUL]RQWH$XWrQWLFD(GLWRUD
1$6&,0(172(OLVD/DUNLQ*È/XL]&DUORV$GLQNUD±6DEHGRULDHP
VtPERORVDIULFDQRV5LRGH-DQHLUR&RERJy,SHDIUR
2/,9(,5$,RODQGDGH5HODo}HVUDFLDLVHHGXFDomRDIRUPDomR
FRQWLQXDGDGHGRFHQWHVGDHVFRODEiVLFDHYLGHQFLDQGRDOJXQVIDWRUHV
UHODFLRQDGRVjVSROtWLFDVHVWDEHOHFLGDV6pULH(VWXGRV3HULyGLFRGR
3URJUDPDGH3yV*UDGXDomRHP(GXFDomRGD8&'%&DPSR*UDQGH06Q
SMDQMXQ
3$6626-RDQD&pOLDGRV-XYHQWXGHQHJUDQD(-$RVGHVDILRVGHXPD
SROtWLFDS~EOLFD 'RXWRUDGRHP(GXFDomR 8QLYHUVLGDGH)HGHUDOGH6DQWD
&DWDULQD)ORULDQySROLV
BBBBBBBBBBBBBBBBBBBBBB$³DXVrQFLDSUHVHQoD´GDVTXHVW}HVUDFLDLVQD
(-$HDVGHVLJXDOGDGHV,Q5HXQLmR1DFLRQDOGD$13('3HUQDPEXFR
D'LVSRQtYHOHPKWWSUHXQLDRDQSHGRUJEUWUDEDOKRVJW
BBBBBBBBBBBBBBBBBBBBBB$VGHVLJXDOGDGHVQDHVFRODUL]DomRGD
SRSXODomRQHJUDHD(GXFDomRGH-RYHQVH$GXOWRV5HYLVWD(-$HP
ϯϮϯ
ϯϮϰ