Financial Education for Socio-economic Development in Italy and the Mediterranean

27th February 2017

Press Release

Italy lags behind the most developed countries in financial education.
Convinced that financial literacy is at the basis of the community’s responsible and effective decisions, ANSPC has, for many years, promoted financial education for students in secondary high schools.
The aim is to help citizens to become more responsible, make more informed and effective decisions and actively and constructively involved in community life.

The project on Financial Education for socio-economic development in Italy and the Mediterranean, promoted by ANSPC (Associazione Nazionale per lo Studio dei problemi del credito) will be presented during a meeting to be held on the 27th February 2017.

This project has been promoted by ANSPC by virtue of a Memorandum of Understanding concerning economic legality between the Italian Ministry of Education, Universities and Research (MUIR) and major national institutions (including Banca d’Italia, Corte dei Conti, Agenzia delle Entrate, Guardia di Finanza and ABI) for the purpose of promoting financial literacy in schools and encourage positive financial behaviour amongst today’s youths, tomorrow’s citizens.

To date, over 5000 students from180 schools in Lombardy, Liguria and Campania have been involved in the project.  Supported, as usual, by Fondazione Terzo Pilastro – Italia e Mediterraneo, chaired by Professor Emmanuele F. M. Emanuele this year’s courses will be held in February, March and April in 20 Sicilian secondary high schools in Palermo, Messina and Catania, Salerno, with the help of the respective universities.

The Chairman of Fondazione Terzo Pilastro – Italia e Mediterraneo, Professor Emmanuel F. M. Emmanuele, affirmed “Fondazione Terzo Pilastro is delighted to support this project, which two prestigious universities in Calabria have recently joined, since I am firmly convinced, as demonstrated in my book, Arte e Finanza (2012), that the principles of finance and business management are the basis upon which to enhance the immense cultural and environmental resources of the Mediterranean basin – cradle of Western culture and civilisation – that all too often has been penalised by a short sighted and incompetent governments. It is vital to spread this culture amongst youths so it may become, in the near future, the driver of recovery in this very productive region”.

This projects aims to help to create a better society by ensuring that future generations have the knowledge, skills and attitudes to strengthen their financial wellbeing and to develop a financial literacy that empowers youths to make the right choices, aware that their financial decisions affect their daily life even in the long-term.

Knowledge is necessary to make responsible decisions

The chairman of ANSPC, Ercole P. Pellicanò, emphasised that Financial education should be perceived as a guide for everyday decisions in life and in public services.  In this perspective, financial literacy concerns both students and society.  Therefore, schools should develop further education courses to provide citizens with adequate skills, consistent with their personal needs and income”.  Training courses on the basic themes of finance and the economy, such as ‘the School to work transition’ project, prepares students to enter the job market.

The welcome addresses will be delivered by the Rector of the University of Messina, Professor Massimiliano Ferrara, the Director of the Department of Economy – where the meeting will be held – Professor Augusto d’Amico, and a representative of the MUIR.

The meeting will be opened by Ercole P. Pellicanò and addressed by Professor Massimiliano Ferrara, Vice-Chancellor of the Università degli Studi Mediterranea di Reggio Calabria, Giuseppe Sobbrio, Professor emeritus of the Università degli Studi di Messina and Professor Guglielmo de’Giovanni-Centelles, Pontifical Academic of Fine Arts and letters.

Press Office ANSPC
Telephone +39 06 85351355

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