Tuesday, December 2, 2008

Holy See: International Finance and Development Meeting


VATICAN CITY, 2 DEC 2008 (VIS) - Archbishop Celestino Migliore, permanent observer of the Holy See to the United Nations in New York, yesterday participated in an international conference on financing for development being held in Doha, Qatar.

"Social and economic development must be measured and implemented with the human person at the centre of all decisions", said Archbishop Migliore speaking English. While noting that aid has increased over recent years, he pointed out that "questions remain: how many people do not have access to even basic healthcare and how many lack decent employment to provide a living wage for themselves and their families?"

"National governments need the co-operation of the international community in order to accelerate economic and human development. ... The recent financial crisis demonstrates that when political will is combined with concern for the common good we are able to generate, within months, substantial funds for financial markets".

The archbishop went on: "Renewed attention must be given to ensuring more just and equitable trade systems. ... Trade-distorting subsides, financial speculation, increased energy prices and decreased investment in agriculture have recently given rise to lack of access to the very thing which is necessary for life, namely food. This economic volatility, which strikes at the heart of human existence, gives greater urgency to finding a common commitment to addressing global trade and development".

The Holy See permanent observer to the U.N. concluded his remarks by noting that "uncertainty and anxiety seem to prevail at this particular point in time. However, the virtues and principles which have led the global community out of so many crises remain; that of solidarity with our global community, just and equitable sharing in resources and opportunity, prudent use of the environment, restraint from seeking short-term financial and social gain at the expense of sustainable development, and finally, the political courage which is necessary to build a world in which human life is placed at the centre of all social and economic activities".


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