An International consultative meeting was held at the Vatican on the past 27th and 28th. Topic of discussion was: “Debt Crisis, Financial Reform and Common Good”.

About thirty specialists took part to the meeting which has offered the opportunity to create an open dialogue between economic and financial specialists from one part and moral theologians and Christian philosophers from the other.


International Consultation on The Debt Crisis, Financial Reform and the Common Good

27 – 28 September,  2013

Pontifical Academy of Sciences – Casina Pio IV – Vatican City

C O N T E N T SIntroduction

A Dialogue on Finance and the Common Good organized by Fondazione Centesimus Annus – Pro Pontifice

Domingo Sugranyes Bickel, Chairman of the Board

Prof. Alberto Quadrio Curzio, Chairman of the Scientific Committee


Short Summary


Papers and presentations

1.   The Debt Crisis and Plans for Financial reform:  What are the Unanswered Key Questions?

His Excellency Monsignor Diarmuid Martin, Archbishop of Dublin

Prof. Michael Dempster, Centre for Financial Research, University of Cambridge (UK)

Dr. D’Maris Coffman, Centre for Financial History, University of Cambridge (UK)

Prof. Jesus Estanislao, Chairman of the Institute of  Corporate Directors, Manila

The Revd Canon Mark Oakley, Canon Chancellor of St Paul’s Cathedral, London


2.   Credit and Finance, Deleveraging and Growth

Prof. Paul H. Dembinski,  Observatoire de la Finance, Geneva,  CAPP Foundation Scientific Committee

Dr. Elena Medova, Centre for Financial Research, University of Cambridge § Managing Director, Cambridge Systems Associates (UK)

Prof. Paolo Garonna, Federation of Banks, Insurance and Finance, Rome, CAPP Foundation Scientific Committee

Fr. Gael Giraud sj


3.   Financial Reform. The Case for the Eurozone

Josef Bonnici, Governor, Central Bank of Malta

José Manuel González Páramo, Member of the Board of Directors of BBVA and Professor at IESE, Madrid


Francesco Vanni d’Archirafi, CEO of Citi Holding and member of  Citigroup Operating Committee, London



4.   Can ethical questions raised by the Churches help the international decision process on Financial Reform?

HE Bishop  Mario Toso, Secretary of the Pontifical Council for Justice and Peace

Sean Fieler, President Equinox Partners LP,  New York

Prof. Mons. Livio Melina, President of the Pontifical John Paul II Institute for Studies on Marriage and Family

Prof. Luca Diotallevi, Università di Roma Tre and Prof. Flavio Felice,  Pontificia Università Lateranense


Synthesis of the discussion by Simona Beretta, Università Cattolica del Sacro Cuore, Milan


Address to the Fondazione Centesimus Annus – Pro Pontifice by HE Angelo Cardinal Scola  Milan, May 2012


List of participants