Connect with IMF Institute
f Macroeconomic Management in Resource-Rich Countries

Macroeconomic Management in Resource Rich Countries (MRC)

Deadline passed

Session No.: HQ 19.16

Location: Washington, D.C., United States New location

Date: December 2-13, 2019 (2 weeks) New dates

Primary Language: English

    Target Audience

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


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

    Course Description

    This course, presented by the IMF Institute for Capacity Development, deals with RRC macroeconomic policy issues. The course incorporates lectures, hands-on workshops, debates, case studies, and online warm-up exercises.

    Back to top

    Course Objectives

    Upon completion of this course, participants should be able to

    • Assess how RRC economic performance may differ from that of other countries in terms, e.g., of growth, inclusive growth, political economy, resource curse, economic diversification, and Dutch disease.
    • Apply simple fiscal benchmarks to determine how much to extract, consume, and save from the sale of natural resources and modalities for savings, such as a sovereign wealth fund.
    • Design an effective fiscal framework and regime.
    • Identify macroeconomic policy responses to commodity price shocks.
    • Assess the extent of transparency in the management of natural resources.
    Back to top

    Apply Now - Application deadline approaching:

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

    Fiscal Policy Analysis (FPA)

    Arabic, September 21, 2020 - October 1, 2020, Kuwait City, Kuwait

    Apply online by August 14, 2020