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Economic Issues in Regional Integration

Virtual - Economic Issues in Regional Integration (ERI)

Deadline passed

Session No.: AT 20.15V

Location: Ebene, Mauritius

Date: October 12-23, 2020 (2 weeks) New dates

Primary Language: English

Interpretation Language: French

    Target Audience

    Mid-level to senior officials in central banks, ministries of finance, and other interested ministries and agencies in countries that are part of a regional integration arrangement or are exploring or planning the organization of such an arrangement. Staff from intergovernmental or supranational regional organizations are also invited.

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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 spreadsheets.

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    Course Description

    The main objective of this course, presented by the Institute for Capacity Development, is to broaden participants’ understanding of economic, monetary, and financial integration. Drawing on theory and on case studies from experiences in several regions, the course covers requirements for economic and monetary integration; trade, financial, and monetary integration; costs and benefits of the integration process; and political economy aspects of integration.
     
    Workshops are designed to deepen participants’ knowledge of specific issues that may emerge in economic and monetary integration. Participants use case studies with country data to make assessments and are required to deliver their conclusions in short presentations.

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    Course Objectives

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

    • Analyze the various types of regional integration and cooperation, as well as the dynamics of the integration process.
    • Analyze the costs and benefits of various integration schemes for their countries.
    • Assess the degrees of convergence in various macroeconomic variables in the run-up to deeper integration, and the degree of convergence afterward.
    • Summarize economic and political arguments regarding integration that may affect their own country.
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