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Vulnerability Diagnostics (VDS)

Vulnerability Diagnostics

This course, presented by the Institute for Capacity Development, complements the Macroeconomic Diagnostics (MDS) course by enhancing participants’ ability to assess fiscal, financial, and external vulnerabilities in an integrated fashion, using several diagnostic tools to capture tail risks.

Read More Topic : Inclusive Growth and Structural Policies

    Target Audience

    Officials of all levels in central banks, ministries of finance, and other governmental agencies with macro-fiscal units (e.g., cabinet office, parliament), who monitor and assess country-wide and regional multisectoral vulnerabilities and risks.

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    Qualifications

    Participants are expected to have an advanced degree in economics or equivalent experience, a basic background in econometrics, and familiarity with the use of software for econometric applications.

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    Course Objectives

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

    • Assess risks using fiscal, financial, external, and real sectors’ vulnerability indicators.
    • Describe how vulnerabilities can morph into distress, leading to crises as a result of adverse shocks or a flawed policy mix.
    • Use diagnostic tools (including tools currently employed in IMF surveillance), to track multi-sectoral vulnerabilities and predict indicators of tail risks.
    • Adapt diagnostic tools, (organized as templates of country vulnerability reports), to their country data.
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    Syllabus

    This advanced course, presented by the IMF Institute for Capacity Development (ICD), complements the Macroeconomic Diagnostics (MDS) course by enhancing participants’ ability to assess fiscal, financial, external, and real vulnerabilities in an integrated fashion using lectures, analytical tools, hands-on workshops, and case studies to measure tail (as opposed to central) risks.
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    Upcoming Offering

    Start date End date Location Delivery Method Session No. Primary & (Interpretation) language Apply
    May 19, 2025 May 30, 2025 Vienna, Austria In-person Training JV 25.13 English Apply online by February 9, 2025
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    Apply online by October 13, 2024