Why The Global Foundation? Why Rome?

We are a trusted global platform, with unique convening power
We are cross-sectional – ie we bring, to the one table, people from all walks of life
The power of the Vatican and other faiths on global issues, yet lack of connecting platforms
Continuation of our rolling Ethical and Effective Global Governance project, since 1998.
Previous Rome roundtable, December 2014, Christine Lagarde, Cardinal Pell etc
Our ‘Faith in the Public Square’ initiative in Australia
Our other global dialogues: Beijing, Jakarta, New Delhi, Paris, Rio de Janiero, Singapore, Sydney, Washington, etc.
Global economic mobilisation may require deeper, more ethical considerations
Strong desire for participation by leaders from global corporates, institutions, etc.
Participation by Vatican No. 2,3,4 & of 2 Anglican Primates

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The Rome Roundtable

Convened by The Global Foundation
Held at the Order of Malta HQ in Rome, over 2 days
Unique cross-section of 55 participants and observers, drawn from across the globe
Roundtable format, Chatham House rule, keynote speech by Cardinal Pell, message from His Holiness, Pope Francis
Participants included: Mme Christine Lagarde, Cardinals Parolin and Pell, other Vatican, Anglican Primates, CEO’s of Asia Society, World Chinese Economic Summit, Sec Gen of Commonwealth, CEO’s of McKinsey, News Corp, Anglo- American, Canadian Pension Fund, along with other global institutions, World Bank, OECD, etc.

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The world economy is in a continuing phase of ‘new mediocre’
Agreement cannot be reached on how to solve this
Systems failure – governments and institutional arrangements lack commitment, impact, accountability
Central banks are displacing government fiscal policy (QE, Helicopter money)
Inequality is growing to record levels, political backlash more evident
De-globalisation is a real prospect, with fracturing now evident…world trade slide, global GDP 5-year forecasts are pessimistic
‘Meta’-nationals, arbitrage (global finance, internet ‘new economy’) continue to have upside in this vacuum

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Build partnerships for better governance, matching long-term community vision and business investment.
Empower women and youth, in general, for the creation of jobs and social and economic benefit.
Slavery-proof supply chains, to eradicate forced labour and other forms of modern slavery.

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Established common ground on the agenda, between leaders of faiths, business, international institutions and organisations, academia, & civil society
’We’ not ‘they’ – a commitment to continue to work together, understanding and deploying our combined influence
Vatican, faiths and business not at odds, can be mutually re-inforcing – world media

Commitment by the world’s 400 biggest consumer goods and supermarket firms to eradicate forced labour from global supply chains, a commitment matched by the Vatican.
Empowering women and youth…agreed the challenge, but finding the pathways?
Improving governance, at global, national/regional and local levels, proposals for combinations of faith/business/institutions etc in South Africa and PNG & Pacific
Measuring our and others commitments and making accountable eg Sustainable Development Goals

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