## Initiative for Macroeconomists of the Future — 17th Macroeconomist Training Program

## Source details

**Canonical URL:** [Initiative for Macroeconomists of the Future — 17th Macroeconomist Training Program](https://www.imf.org/-/media/files/oap/oap-home/2023/17thmtp-flyer-programagenda-rv.pdf)

## Other formats

- [Markdown version](/-/media/files/oap/oap-home/2023/17thmtp-flyer-programagenda-rv.pdf.md)
- [Structured JSON version](/-/media/files/oap/oap-home/2023/17thmtp-flyer-programagenda-rv.pdf.json)

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### Overview
- Hosted by the International Monetary Fund (IMF) in cooperation with JICA.
- The IMF Regional Office for Asia and the Pacific held the 17th Macroeconomist Training Program as a three-day residential workshop.
- Purpose: provide participants hands-on experience with IMF macroeconomic analysis, notably Financial Programming, and practice country economic surveillance and policy recommendation.

### Lecturer
- Lecturer: Shogo Ishii (PhD), IMF and JICA Consultant.
- Dr. Ishii previously served as Director of the IMF Regional Office for Asia and the Pacific, and has held senior IMF positions including mission chief for Malaysia, Singapore, and Vietnam, and Senior Resident Representative in Thailand.

### Content and learning objectives
- Teach how the IMF analyzes macroeconomic issues using tools such as Financial Programming.
- Present real country case studies of IMF surveillance and program activities.
- Provide participants an opportunity to undertake group country analysis and present policy recommendations using introduced tools.
- Certificate: A Certificate of Participation will be granted to participants who complete this workshop.

### Venue, dates, language, and logistics
- VENUE: JICA Tokyo (Tokyo International Center).
- DATE: Wednesday, March 22 through Friday, March 24, 2023.
- FORMAT: 2泊3日 residential workshop (three-day residential workshop).
- FEE: Free (Domestic travel fees and 2 nights accommodation provided *conditions apply).
- LANGUAGE: Japanese (Note: Some materials written in English will be used).
- NO. TO BE ADMITTED: 20 (Participants will be selected through submitted applications).
- APPLY THROUGH: https://cvent.me/mPZOMD
- DEADLINE: 11:59 am, March 6, 2023.
- Contact: IMF Regional Office for Asia and the Pacific (OAP), Email: OAPseminars@IMF.org.

### Target participants
- MAIN TARGET: Undergraduates*.
- Additional eligibility: Students pursuing a master’s degree may also apply.
- Focus: Those interested in working for international organizations and developing expertise in macroeconomics, international finance, development economics, and related fields.

### Core topics, analysis tools, and case studies
- Core topics:
  - The Role of the IMF.
  - Macroeconomic Framework and Linkages.
  - Financial Programming: Baseline Scenario and assessing baseline scenarios to identify macroeconomic imbalances and risks.
  - Macroeconomic Policies: objectives, anticipated impacts, and constraints.
  - IMF-Supported Adjustment Program: role and process, illustrated by a case study of Ghana.
  - Case Study: Egypt — review of recent economic developments and the 46-month Extended Fund Facility program approved in January 2023, which aims at preserving macroeconomic stability and paving the way for sustainable private-sector-led growth.
- Tools: Financial Programming and macroeconomic accounting linkages; group assignments include macroeconomic data sets for Lao PDR and Sri Lanka.

### Program schedule (selected items and exact times)
- Day 1 — Wednesday, March 22
  - 13:00- Registration
  - 13:30-14:00 Icebreaking Session
  - 14:00-14:05 Welcome and Opening Remarks
  - 14:05-14:45 A. The Role of the IMF
  - 14:45-16:15 B. Macroeconomic Framework and Linkages
  - 16:15-16:30 Coffee Break
  - 16:30-18:00 C. Financial Programing: Baseline Scenario

- Day 2 — Thursday, March 23
  - 9:00-10:30 D. Assessing Baseline Scenario
  - 10:45-12:15 E. Macroeconomic Policies
  - 12:15-13:15 Lunch
  - 13:15-14:45 F. IMF-Supported Adjustment Program (case study of Ghana)
  - 15:00-15:15 Coffee Break
  - 15:15-16:00 G. Explanation on Group Assignments (Lao PDR and Sri Lanka data)
  - 16:00-18:00 H. Office Hour _ Preparation for Group Presentation

- Day 3 — Friday, March 24
  - 9:00-10:30 I. Case Study: Egypt (46-month Extended Fund Facility program approved in January 2023)
  - 10:30-10:45 Coffee Break
  - 10:45-11:45 J. Presentation by JICA
  - 11:45-12:45 Lunch
  - 12:45-14:15 K. Group Presentations I
  - 14:15-14:30 Coffee Break
  - 14:30-16:00 L. Group Presentations II
  - 16:00-16:30 Photo Session and Closing Remarks / End of Course Survey
  - 16:30- Reception

### Participant experience and outcomes
- Hands-on exposure to IMF macroeconomic analysis methods, including Financial Programming and baseline scenario construction and assessment.
- Group work using provided macroeconomic datasets (Lao PDR and Sri Lanka) to practice IMF-style economic surveillance and policy advice.
- Networking and interaction with former IMF economists and fellow participants.

*IMF Regional Office for Asia and the Pacific (OAP) organized the program and provided contact and application information.

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_Source: https://www.imf.org/-/media/files/oap/oap-home/2023/17thmtp-flyer-programagenda-rv.pdf_