Analysing Macrofinancial Linkages and Interacting with International Institutions

MFS

TARGET GROUP | Junior to mid-level managers, senior economists and financial stability experts from central banks and ministries of finance or economy, working in economic or financial analysis and research. Participants should have an advanced degree in economics or finance and experience with macrofinancial stability assessments. This course is particularly suitable for participants from EU members and (potential) candidates.

DESCRIPTION | This one-and-a-half-week course provides an in-depth understanding of macrofinancial linkages and risk assessment under changing economic conditions. Participants will gain practical experience in negotiating with representatives from international financial institutions. The course covers a wide array of policy areas affecting macrofinancial stability, including fiscal, monetary, macroprudential, microprudential, and structural policies, and their interplay.

Practical training is a key element, with skills and themes from lectures and workshops applied in a multi-session negotiation game. Participants will take on the roles of country officials and representatives of international authorities (IMF and EU) to develop an adjustment program for selected countries hypothetically exposed to macrofinancial stress through several rounds of negotiations. Participants will learn not only how to negotiate an adjustment program with international institutions in times of need but also how to engage with them in regular encounters, such as the IMF’s Article IV consultations or the EU’s Economic Reform Programs.

Previous participants have praised the course for its practical relevance, comprehensive coverage of macrofinancial interlinkages and policy areas, balance of technical details and policy experience, and interactive delivery through roleplay and workshops.

Course program from the latest delivery

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Course Details

Start: 20250331Mar 31
End: 20250409Apr 09

Language: English

Sponsoring Organization: OeNB/JVI/NBS

Admin Arrangements


Application Deadline: January 12, 2025

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