Meeting “Economy and Peace: a possible alliance” – Speech by Fabio Panetta

Purpose

The Governor of the Bank of Italy, Fabio Panetta, delivered a speech on “Pace e prosperità in un mondo frammentato” (Peace and prosperity in a fragmented world) during an event titled “Economia e Pace: un’alleanza possibile” (Economy and peace: a possible alliance), organized by the Centro San Domenico in collaboration with the Fondazione Centesimus Annus Pro Pontefice and the Unione Cristiana Imprenditori e Dirigenti. The speech aimed to discuss the intersection of economic and peaceful developments, particularly in today’s globalized world.

The event was held at the Centro San Domenico in Bologna on January 16, 2025, with a focus on exploring potential alliances between the realms of economy and peace. This joint approach may lead to more effective strategies for achieving shared goals related to stability and prosperity worldwide.

Effects on Industry

The speech delivered by Governor Fabio Panetta highlighted the increasing interconnectedness of global economies and societies. He stressed that economic growth is linked to peaceful relations, emphasizing the importance of maintaining stable and collaborative relationships among nations in order to drive development forward.

In this context, industries related to international trade, diplomacy, peacekeeping, and humanitarian aid may face new challenges and opportunities. Companies operating within these sectors will need to navigate shifting global dynamics carefully in response to Governor Panetta’s recommendations for promoting economic growth through peaceful means.

As the world becomes increasingly integrated economically, organizations from various fields are likely to encounter changes that arise from a more unified approach towards peace and prosperity.

Relevant Stakeholders

Governor Fabio Panetta’s speech was addressed primarily to policymakers, business leaders, diplomats, academics, and anyone interested in fostering international cooperation and understanding. His message aimed at those who can contribute to or benefit from the creation of stable economic environments built upon peaceful foundations.

Key stakeholders include national governments, international organizations like the United Nations and the European Union, private companies operating globally, NGOs focused on peacebuilding and humanitarian work, and all individuals working towards a more harmonious world.

These parties will need to consider how they can align their goals with Governor Panetta’s vision for achieving lasting economic prosperity through peaceful means.