The Economy of Francesco

young people, a pact, the future

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young people, a pact, the future

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September 22-24 2022, - Assisi

September 22-24 2022, Assisi

"The Economy of Francesco"

young people, a pact, the future

Breaking news:

published today the letter with which Pope Francis summons young economists and entrepreneurs to Assisi to propose a pact for a new economy. Economy of Communion participates in the organizing committee of the event together with the Diocese and the Municipality of Assisi and the Seraphic Institute.

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#EoF - Philippines, “The common effort to overcome poverty”

#EoF: Stories - Viory Janeo is among those responsible for the Kalinangan Youth Foundation to train young leaders for the common good

by Stefano Vecchia

published in Avvenire on 23/12/2021

I first heard about it from a colleague at the university where I teach. Intrigued, I visited the Economy of Francesco (EoF) website and found the workshop topics interesting. Although the workshops were scheduled for 11 pm in the Philippines, I decided to attend because of the opportunity to learn from experts in my field of study and also to expand my network of contacts and meet like-minded people of my age with a deep respect for economics. At one point in the programme, the EoF proposed the presentation of projects and studies. I decided to give it a try myself, and it was a rather opportune timing for me as I am currently working on my PhD.

Sharing with us the story of her encounter with the Economy of Francis is Viory Janeo, a young lecturer at the Manila-based Asia Pacific College and one of the leaders of the Kalinangan Youth Foundation, an organisation committed to training young people who aspire to be leaders. Since last July, it is also part of the Academy of the Economy of Francesco. Her involvement in the EoF was immediate and convinced. In one of the first meetings she attended, she asked to be part of the group responsible for discussing the theme of ‘Poverty and Misery’, drawing inspiration from it to design a sustainable capacity-building project that could help tackle poverty in the Philippines through financial education and value education. “It has always been my hope,” she recalls, “that the beneficiaries could be empowered, properly motivated, to strive for improvement, sharing the knowledge they have gained with others and in so doing activating the spirit of bayanihan ('cooperation' or 'joint effort' in our language) in each of us.

Participation in the EoF has positively influenced my world view. Being part of a global community allows me to learn from the experiences of others operating in different environments and situations. This opens my eyes to the truth that the challenges we face in our country are not only our own. Even more developed countries face the same institutional obstacles that prevent us from reaching our full potential as a society. Beyond that, I am inspired by the participants' determination to help those who are often neglected and disenfranchised".

The relationship between economic science and faith identified by Viory Janeo is interesting, and though it stems from her own studies and experience of teaching and social engagement, it is also confirmed in the Economy of Francesco initiatives. “My interest in mathematics and science from high school also influenced my decision to enrol in the Industrial Economics course at the university where I currently work. Here I developed both technical and humanistic skills that eventually helped me to understand the power of Economics as a discipline and the extent to which the concepts I had studied influence economic policies and concerns in the real world and humanity in general.

Hence derives the full understanding that the social sciences have as their foundation a higher cause that directs them towards the common good. Could this cause be faith? “I see it that way,” she says, “because while some schools of thought see science and religion as distant if not antagonistic, I have personally come to believe that they are actually compatible. I am convinced that every human endeavour must be guided by something that originates in natural law and this is where, I think, science and religion intersect. While economics seems to be interested only in indifferent figures, the fact that it is a social science indicates that these figures eventually have an impact on society. In short, everything human should be raised to a higher level defined within the framework of religion or faith, and the guiding principles of religion are what can make any scientific research more human.”

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