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Macroeconomic Management in Resource-Rich Countries (MRC)

f Macroeconomic Management in Resource-Rich Countries

This course, presented by the Institute for Capacity Development, 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, 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 Session No. Primary & (Interpretation) language Apply
    October 4, 2021 October 15, 2021 Ebene, Mauritius AT 21.26V English (French, Portuguese) Deadline passed
    November 29, 2021 December 10, 2021 Vienna, Austria JV 21.38V English (Russian) Apply online by September 26, 2021
    March 21, 2022 March 31, 2022 Kuwait City, Kuwait CE 22.04V English (Arabic) Apply online by February 11, 2022
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    Apply Now - Application deadline approaching:

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

    Virtual : Exchange Rate Policy (ERP)

    English, November 8-19, 2021, Singapore, Singapore

    Apply online by September 21, 2021

    Virtual : Macroeconomic Diagnostics (MDS)

    English, September 27, 2021 - October 7, 2021, New Delhi, India

    Apply online by September 22, 2021

    Virtual : Fiscal Sustainability (FS)

    English (Arabic), November 1-11, 2021, Kuwait City, Kuwait

    Apply online by September 24, 2021

    Revenue Forecasting and Analysis (RFAx)

    English, October 1, 2021 - November 26, 2021, Course conducted online

    Apply online by September 24, 2021

    Virtual : Fiscal Policy Analysis (FPA)

    English, December 6-17, 2021, Singapore, Singapore

    Apply online by September 25, 2021