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Macroeconomic Management in Resource-Rich Countries (MRC)

f Macroeconomic Management in Resource-Rich Countries

This course discusses macroeconomic policy issues and challenges faced by RRCs. The course provides participants with an understanding of: the macroeconomics of growth and diversification, fiscal policy management, macroeconomic policy coordination, and public-sector asset management in RRCs. The course incorporates lectures, hands-on workshops, debates, and case studies.

Read More Topic : Inclusive Growth and Structural Policies

    Target Audience

    Mid-level to senior officials from central banks, ministries of finance, and other government agencies tasked with the design and execution of policies in resource-rich countries (RRCs).

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    Qualifications

    Participants are expected to have an advanced degree in economics or equivalent experience and be proficient in the use of Microsoft Excel. It is strongly recommended that applicants first complete the online Macroeconomic Management in Resource-Rich Countries (MRCx) course.

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    Course Objectives

    Upon completion of this course, participants should be able to:

    • Analyze economic performance in resource-rich countries, including in terms of growth, inclusiveness, diversification, and sustainability.
    • Design appropriate fiscal frameworks, applying suitable fiscal benchmarks to determine whether to consume, save, and/or invest the proceeds from the sale of natural resources.
    • Identify the appropriate macroeconomic policy responses to commodity price shocks.
    • Design policies to promote transparency in the management of natural resources, including in terms of the appropriate institutional structures for sovereign wealth funds.
       
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    Syllabus

    This course, presented by the IMF’s Institute for Capacity Development, focuses on macroeconomic policy issues and challenges faced by resource-rich countries (RRCs). The course provides participants with an understanding of: the macroeconomics of growth and diversification; managing fiscal policy; macroeconomic policy coordination; and managing public-sector assets; in RRCs. The course uses lectures, hands-on workshops, debates, case studies, and various online modules to achieve the following objectives.
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    Upcoming Offering

    Start date End date Location Delivery Method Session No. Primary & (Interpretation) language Apply
    April 22, 2024 May 3, 2024 Abu Dhabi, United Arab Emirates In-person Training CE 24.10 English (Arabic) Deadline passed
    September 23, 2024 October 4, 2024 Vienna, Austria In-person Training JV 24.29 English (Russian) Apply online by June 23, 2024
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    Apply Now - Application deadline approaching:

    IMF offers online training to government officials and the public. Click Learn more to find our current offerings.

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