Preheat the oven to 400°F (200°C). Pat the pheasant dry inside and out with paper towels.
Season the pheasant generously with salt and pepper, both inside and out. Place the garlic cloves and thyme sprigs inside the cavity.
Drape the pancetta slices over the pheasant, ensuring it's well covered.
In a large roasting pan, toss the chopped carrots and parsnips with olive oil, salt, and pepper.
Nestle the pancetta-wrapped pheasant on top of the vegetables. Pour the chicken stock into the roasting pan.
Roast the pheasant in the preheated oven for 50-60 minutes, basting it occasionally with the pan juices to keep it moist.
Ensure the pheasant is cooked through; a meat thermometer inserted into the thickest part of the thigh should read 165°F (75°C). Let it rest for 10 minutes before carving.
Carve the roast pheasant and serve it with the roasted vegetables. Spoon the flavorful pan juices over the top.
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