Anonymous ID: 95ba4a Feb. 27, 2025, 1:33 p.m. No.22668118   🗄️.is 🔗kun   >>8121

>>22668115

The World Bank, the Catholic Church, and the Global Future of Development

Thomas Banchoff March 16, 2015

 

Contact between the two institutions has been sporadic. The Bank’s focus is projects with governments to address economic development, while the Church works mainly through social channels. Recently, however, the leaders of both institutions have articulated convergent approaches to human development that link economics with health, education, and the environment. As World Bank President Jim Yong Kim put it after his meeting with Pope Francis in October 2013, “We share a vision of a world with greater compassion for all people in need.”

 

This spring Georgetown’s new Global Futures Initiative is inviting faculty and students to explore that common vision and how to realize it in practice. A series of lectures by President Kim and his colleague Chief Economist Kaushik Basu are catalyzing conversations on campus and on the web, including one with 20 participants from Catholic and Jesuit colleges and universities around the world.

 

In that conversation thus far, bloggers from Mexico, Peru, the Philippines, India, South Korea, Japan, Ivory Coast, Kenya, Rwanda, and the United States have highlighted two areas of overlap and one difference of emphasis in emergent approaches to development within the Bank and within the Church.

 

Mental Models. Kim’s first lecture, on the Ebola crisis, highlighted the Bank’s recent work on mental models—the often unconscious ideas and values that frame problems and can impede the search for creative solutions. What Francis calls the “globalization of indifference” exemplifies a destructive mental model—the widespread assumption that economic forces are beyond our control and that fundamental questions of justice should not frame our policy thinking.

 

Social Inequality. In his first lecture, on global economic trends, Kaushik Basu discussed the Bank’s adoption of “shared prosperity” as a priority goal. The emphasis not just on extreme poverty but also on inequality parallels developments in Catholic social thought in recent years. As inequality has sharpened—the wealth of the richest global 1 percent is likely to soon surpass that of the other 99 percent—Francis has addressed it as “the root of social evil” and a threat to the global common good.

 

Accompaniment. A cross-cutting current within the blogs—the importance of personal engagement with the poor in a spirit of mutual respect—points to a difference of emphasis between the Bank and the Church. As an intergovernmental institution with a secular ethos, the Bank cannot approach human dignity as grounded in transcendence or in a Gospel command of love. Francis’ radical call to accompany the poor in their struggle makes development a personal, as well as a political, imperative.

 

Ultimately the World Bank, like the Catholic Church and other faith communities, acknowledges the importance of personal engagement in advancing social and political goals. Any appeal to rid the world of poverty involves a call to individual conscience. As Kim reminded the Georgetown students at the close of his lecture, “You are the first generation in the history of the world that can end extreme poverty in your lifetimes.”

 

Jim Kim’s next lecture in the Global Future of Development series, on March 18, will address climate change. To follow the conversation, visit the Georgetown Global Futures website and follow the dialogues on global development and Catholic social thought.

https://berkleycenter.georgetown.edu/forum/the-world-bank-the-catholic-church-and-the-global-future-of-development

 

This blog post originally appeared on the Berkeley Center for Religion, Peace, & World Affairs at Georgetown University.

https://berkleycenter.georgetown.edu/forum/the-world-bank-the-catholic-church-and-the-global-future-of-development

Anonymous ID: 95ba4a Feb. 27, 2025, 1:33 p.m. No.22668121   🗄️.is 🔗kun

>>22668118

 

Pope Francis: Too much exclusion for a world in which all are equal

Pope Francis sends a letter to the World Bank Group and the International Monetary Fund as they begin their virtual spring meetings. In his letter, the Pope stresses the importance of developing a just and equal society for all.

By Vatican News staff writer April 2021

 

In a letter addressed to the World Bank Group and the International Monetary Fund, Pope Francis noted that over the last year, as a result of the Covid-19 pandemic, "our world has been forced to confront a series of grave and interrelated socio-economic, ecological and political crises".

 

As the groups meet this spring, the Pope stresses that it is his hope that their discussions may contribute to a model of 'recovery' capable of generating new, more inclusive, and sustainable solutions to support the real economy, assisting individuals and communities to achieve their deepest aspirations and the universal common good.

Equal, yet excluded

 

Pope Francis went on to note that "for all our deeply-held convictions that all men and women are created equal, many of our brothers and sisters in the human family, especially those at the margins of society, are effectively excluded from the financial world". The pandemic, he continued, has reminded us that "no one is saved alone". "If we are to come out of this situation as a better, more humane, and solidary world," he said, "new and creative forms of social, political and economic participation must be devised, sensitive to the voice of the poor and committed to including them in the building of our common future", through inclusive projects.

Need for a global plan

 

The Pope then noted that many countries are now consolidating a recovery plan for Covid, but that "there remains an urgent need for a global plan that can create new or regenerate existing institutions, particularly those of global governance, and help to build a new network of international relations for advancing the integral human development of all peoples". This, he explained, means giving poorer and less developed nations an effective share in decision-making and facilitating access to the international market.

 

We cannot overlook the “ecological debt” that exists especially between the global north and south, continued the Pope. "We are, in fact, in debt to nature itself, as well as the people and countries affected by human-induced ecological degradation and biodiversity loss", he added. In this regard, the Pope said, "I believe that the financial industry, which is distinguished by its great creativity, will prove capable of developing agile mechanisms for calculating this ecological debt, so that developed countries can pay it, not only by significantly limiting their consumption of non-renewable energy or by assisting poorer countries to enact policies and programmes of sustainable development, but also by covering the costs of the innovation required for that purpose".

 

He continued, "Central to a just and integrated development is a profound appreciation of the essential objective and end of all economic life, namely the universal common good: Public money should never be disjoined from the public good, and financial markets should be underpinned by laws and regulations aimed at ensuring that they truly work for the common good".

A future for our common home

 

Bringing his letter to a close, the Pope said that it is time to acknowledge that markets do not govern themselves. "Markets need to be underpinned by laws and regulations that ensure they work for the common good, guaranteeing that finance works for the societal goals so much needed in the context of the present global healthcare emergency."

 

Finally, the Pope expressed his hope that in these days of formal deliberations and personal encounters, the two organisations with "bear much fruit from the discernment of wise solutions for a more inclusive and sustainable future. A future where finance is at the service of the common good, where the vulnerable and the marginalized are placed at the centre, and where the earth, our common home, is well cared for"

https://www.vaticannews.va/en/pope/news/2021-04/pope-francis-world-monetary-fund-message.html

Anonymous ID: 95ba4a Feb. 27, 2025, 1:42 p.m. No.22668206   🗄️.is 🔗kun

 

2/13/2025Donald J. Trump@realDonaldTrump Feb 13, 2025, 6:52 AM

GREAT TALKS WITH RUSSIA AND UKRAINE YESTERDAY. GOOD POSSIBILITY OF ENDING THAT HORRIBLE, VERY BLOODY WAR!!!

 

2/12/2025President Trump stated "the Hamas attack and the War in Ukraine would have never happened if "BIDEN AND THE DEMOCRATS" did not steal the 2020 Election…"

 

1/24/2025Putin: If Trump's 2020 win wasn't 'stolen,' there'd be no Ukraine war

Russian President Vladimir Putin said on Friday that if his American counterpart Donald Trump's victory wasn't "stolen" in 2020, there would be no current crisis in Ukraine.

 

"I cannot disagree with him that if he had been president,if his victory had not been stolen in 2020, perhaps there wouldn't have been the crisis that arose in 2022,"Putin told Pavel Zarubin, a journalist from the Rossiya TV channel.

 

Putin previously described the US president as "trusting and pragmatic" and said that it would be better for them to meet "to talk calmly on all those areas that are of interest to both the United States and Russia," noting that Kremlin is 'ready' for those talks.

https://breakingthenews.net/Article/Putin:-If-Trump%27s-2020-win-wasn%27t-%27stolen%27-there%27d-be-no-Ukraine-war/63410930

 

 

'''General Flynn and Ivan Raiklin Investigated ITALYGATE. https://www.reuters.com/investigates/special-report/usa-election-military/'''

 

Fact check: Evidence disproves claims of Italian conspiracy to meddle in U.S. election (known as #ItalyGate) January 15, 2021

https://www.reuters.com/article/uk-fact-check-debunking-italy-gate-idUSKBN29K2N8/

 

ITALYGATE: How votes were switched throughout the U.S. Presidential race

Italygate: is the Italian government directly involved in the US election fraud against Trump?

https://www.thethinkingconservative.com/italygate-how-votes-were-switched-throughout-the-u-s-presidential-race/

 

DoD investigated "Italygate" conspiracy theory per Trump request Jun 23, 2022

https://www.axios.com/2022/06/23/miller-defense-department-italy-trump-election

 

Meadows Pressed Justice Dept. to Investigate Election Fraud Claims

Emails show the increasingly urgent efforts by President Trump and his allies during his last days in office to find some way to undermine, or even nullify, the election results.

https://www.nytimes.com/2021/06/05/us/politics/mark-meadows-justice-department-election.html

 

Rep. Scott Perry played key role in promoting false claims of fraud June 23, 2022

https://www.washingtonpost.com/national-security/2022/06/23/scott-perry/

 

Fact check: Claims of electoral fraud in Rome, dubbed 'ItalyGate,' are baseless

https://www.usatoday.com/story/news/factcheck/2021/01/08/fact-check-italygate-claims-electoral-fraud-rome-baseless/6567335002/