TARGET GROUP |Officials of all levels in central banks, ministries of finance, and other governmental agencies with macro-fiscal units (e.g., cabinet office, parliament), who monitor and assess country-wide and regional multisectoral vulnerabilities and risks. Participants are expected to have an advanced degree in economics or equivalent experience, a basic background in econometrics, and familiarity with the use of software for econometric applications.
DESCRIPTION | This course, presented by the Institute for Capacity Development, complements the Macroeconomic Diagnostics (MDS) course by enhancing participants’ ability to assess fiscal, financial, and external vulnerabilities in an integrated fashion, using several diagnostic tools to capture tail risks.
OBJECTIVES | Upon completion of this course, participants should be able to:
• Assess risks using fiscal, financial, external, and real sectors’ vulnerability indicators.
• Describe how vulnerabilities can morph into distress, leading to crises as a result of adverse shocks or a flawed policy mix.
• Use diagnostic tools (including tools currently employed in IMF surveillance), to track multi-sectoral vulnerabilities and predict indicators of tail risks.
• Adapt diagnostic tools, (organized as templates of country vulnerability reports), to their country data.
Start:
End: May 19
Language: English
Sponsoring Organization: IMF
Admin Arrangements
Application Deadline: February 20, 2023