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MCF

Virtual : Managing Capital Flows: Macroeconomic Analysis and Policies (MCF)

Invitation

Session No.: CT 22.15V

Location: Shenzhen, China

Date: October 24, 2022 - November 4, 2022 (2 weeks) New dates

Delivery Method: Virtual Training

Primary Language: English

Interpretation Language: Chinese

    Target Audience

    Mid-level to senior officials from central banks, ministries of finance, and other government agencies.

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    Qualifications

    Participants will be expected to have an advanced degree in economics or equivalent experience, and to be proficient in the use of Excel.

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    Pre-requisites

    Not applicable.

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    Course Description

    This course, presented by the Institute for Capacity Development, is devoted to fostering understanding of the dynamics of capital flows and their effects on economic growth, macroeconomic volatility, and risk of crisis. To achieve this goal, the course will discuss policy options available to reap the benefits of capital market integration while minimizing and mitigating its adverse effects. Throughout the course, participants are expected to engage in discussions and work on practical workshop exercises to solidify their understanding of the lecture material.

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    Course Objectives

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

    • Explain the dynamics of the capital account.
    • Identify the financial and economic risks that a global capital market creates for both small and large economies.
    • Determine what challenges a country faces in attempting to stabilize the economy under different economic scenarios.
    • Identify how policy actions can influence or prevent the occurrence of capital account crises.
    • Propose policy actions to address or avoid future crises and reduce their costs.
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