## 19th Macroeconomist Training Program

## Source details

**Canonical URL:** [19th Macroeconomist Training Program](https://www.imf.org/-/media/files/oap/oap-home/2023/19th-mtp-flyer-agenda-final.pdf)

## Other formats

- [Markdown version](/-/media/files/oap/oap-home/2023/19th-mtp-flyer-agenda-final.pdf.md)
- [Structured JSON version](/-/media/files/oap/oap-home/2023/19th-mtp-flyer-agenda-final.pdf.json)

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### Overview and objectives
- Hosted by the IMF in cooperation with JICA.
- Initiative for Macroeconomists of the Future.
- The lectures provide an overview of how the IMF analyzes macroeconomic issues, including through the use of its financial programming tool.
- Real country case studies of IMF surveillance and program activities will be discussed.
- Students will undertake their own analysis of a country case in a group presentation using tools introduced in the classroom.
- A Certificate of Participation will be granted to participants who complete this workshop.
- Let’s try out bilateral economic surveillance!

### Main lecturer
- Main Lecturer: Jerry Schiff (PhD).
- Dr. Schiff is a former Deputy Director of the Asia and Pacific Department and Senior Advisor in the Office of the Managing Director at the IMF.
- He has taught courses on macroeconomics and economic policy at American University, George Washington University and the University of Tokyo Graduate School of Public Policy.

### Target participants and admissions
- Target: Students on Master’s/ PhD degree programs interested in working for international organizations while developing expertise in macroeconomics, international finance, development economics, and related fields.
- Young scholars and undergraduate students can also apply.
- NO. TO BE ADMITTED: 20 (Participants will be selected through submitted applications).
- MAIN TARGET: Students pursuing Master’s/ PhD.

### Logistics, fee, language, application
- FORMAT: JICA Tokyo (Tokyo International Center).
- DATE: Wednesday, January 10 through Friday, January 12, 2024.
- FEE: Free.
- LANGUAGE: English.
- APPLY THROUGH: https://cvent.me/MYyvM3
- DEADLINE: 11:59 a.m., Monday, December 11, 2023.
- Contact: IMF Regional Office for Asia and the Pacific（OAP）.
- Email: OAPSeminars@IMF.org.
- IMF.org/OAP.

### Program structure and syllabus (day-by-day schedule with exact times)
- Day 1 — Wednesday, January 10, 2024
  - 13:00- Registration
  - 13:30-14:00 Icebreaking Session
    - Opportunity for students to get to know each other before the lectures start.
  - 14:00-14:05 Welcome and Opening Remarks
    - JICA
    - Mr. Akihiko Yoshida, Director, IMF Reginal Office for Asia and the Pacific
  - 14:05-14:40 A. The Role of the IMF
    - Explains the role of the IMF in the international financial system and how an IMF economist works at Headquarters and in the field.
  - 14:40-14:50 Coffee Break
  - 14:50-16:20 B. Financial Programing I: The IMF’s macroeconomic framework
    - Overview of how the IMF analyzes macroeconomic issues and presentation of the IMF’s financial programming tool.
  - 16:20-16:30 Coffee Break
  - 16:30-18:00 C. Financial Programing II: Fiscal policy
    - Role of financial programming and other tools in identifying macroeconomic risks and vulnerabilities and developing policy recommendations in fiscal policy.
  - 18:00-18:30 D. Free breakout session: Preparation of group presentations

- Day 2 — Thursday, January 11, 2024
  - 9:00-10:00 E. Financial Programming III: Monetary and financial sector policies
    - How financial programming is used to analyze the monetary sector; tools for evaluating monetary and exchange rate policies and macro-financial linkages and risks.
  - 10:00-10:15 Coffee Break
  - 10:15-11:15 E. Financial Programming III: Monetary and financial sector policies (cont.)
  - 11:15-11:30 Coffee Break
  - 11:30-13:00 F. IMF surveillance: The case of Turkey
    - Case of Turkey to explain IMF surveillance and illustrate how financial programming is used to analyze a country’s economy; using economic data to identify risks and vulnerabilities and to develop policy recommendations; serves as basis for student presentations.
  - 13:00-14:00 Lunch
  - 14:00-15:00 G. Presentation by JICA
  - 15:00-15:30 H. Explanation of Group Assignments
    - Group assignment explained; opportunity to ask questions based on written material provided ahead of time.
  - 15:30-18:00 I. Office hours: Preparation of group presentations

- Day 3 — Friday, January 12, 2024
  - 9:00-10:30 J. IMF-Supported Programs: The case of Sri Lanka
    - Discusses role of, and process behind, an IMF-supported adjustment program using Sri Lanka as a case study to provide concrete examples and explore key trade-offs in program design.
  - 10:30-10:45 Coffee Break
  - 10:45-11:45 K. Office hours: Preparation of group presentations
  - 11:45-12:45 Lunch
  - 12:45-14:15 L. Group presentations I
  - 14:15-14:30 Coffee break
  - 14:30-16:00 M. Group Presentations II
  - 16:00-16:30 Photo Session and Closing Remarks / End of Course Survey
  - 16:30- Reception

### Key learning components and activities
- Overview of IMF role, financial programming framework, and how IMF economists work in Headquarters and the field.
- Financial programming modules covering macroeconomic framework, fiscal policy, monetary and financial sector policies, and macro-financial linkages.
- Country case studies: Turkey (IMF surveillance) and Sri Lanka (IMF-supported programs).
- Group assignment requiring application of classroom tools to a country case and group presentations.
- Office hours and breakout sessions to prepare group presentations.

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_Source: https://www.imf.org/-/media/files/oap/oap-home/2023/19th-mtp-flyer-agenda-final.pdf_