Principles of ethics and civil economy for innovation and regional development
26 Mar 2019
Conference at the Economics Department of the University of Perugia, Terni campus
The conference is the culmination of a research project carried out by the Terni campus of the University of Perugia’s Economics Department with funding from the CARIT Foundation. The project results were presented by Italian and European scholars with expertise in the topics covered.
The project’s research developed in two directions. The first concerned economic activities which, although not directly related to profit strictly speaking, can generate value, and accelerate and intensify the process of economic development in their territory.
The effects produced by innovative finance with an ethical connotation, often capable of bringing in resources and investments where the traditional methods of evaluating economic activities would exclude them, seem relevant in this context. The research presented at the conference show that, again in the financial field, the disbursement activities carried out by foundations of banking origin and others play a leading role as possible drivers of new development models.
Research to develop methods for measuring the effects of disbursements to the territory by foundations of banking origin is needed and useful because, in the most recent and innovative versions, to estimate not only the economic and monetary effects but also the social and civil ones. The themes of the efficient allocation of financial resources and the development of territories also make clear the role of citizen choices in the destination of savings flows and how these are strongly conditioned by the level of financial culture of the population.
The "civil economy" is tasked with contributing to raising awareness and protection of consumers and savings account holders with safeguards that will induce more of them to make informed investment choices that are not solely oriented towards short-term results. These topics are also linked to the legal research that will be presented during the conference that embraces aspects of a general nature, such as the relationship between ethics and private law, ethically responsible criteria in the development of the professions, and the management of over-indebtedness, "ethical" regulation in the financial field and adherence to the constitutional principles of financial contracts.
