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Catholic World News News Feature

Global economy needs Catholic insights, Pope says May 21, 2007

Pope Benedict XVI received members of the Centesimus Annus Pro Pontifice Foundation in a private audience at the Vatican on May 19, and thanked them for their "response to the many requests for help that reach the Pope from all over the world."

The Centesimus Annus Pro Pontifice Foundation was established in 1993 to promote the social teachings of the Church. In his remarks to the group, Pope Benedict noted that their recent conferences have studied "Asian countries characterized by strong economic growth which, however, does not always lead to real social development; and on African nations where, unfortunately, economic growth and social development face many obstacles." In both cases, the Holy Father said, societies could profit from the insights of Church teaching.

Pope Benedict recalled that this year the Church celebrates the 40th anniversary of Populorum Progressio, in which Pope Paul VI "strong affirmed that development cannot be restricted to economic growth alone."

That observation is particularly pointed today, the Pope continued, in light of the "paradoxes and imbalances" that are evident in the global economy. He mentioned, in particular, "pollution and the irresponsible consumption of natural and environmental resources." Care for individuals and solidarity among cultures are needed, he said, to ensure balanced and humane economic development.

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