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Fiscal Sustainability

Cancelled - Fiscal Sustainability (FS)

Cancelled

Session No.: JV 20.25

Location: Vienna, Austria

Date: July 20-31, 2020 (2 weeks)

Primary Language: English

Interpretation Language: Russian

    Target Audience

    Junior to senior officials with some intermediate fiscal background who are interested in understanding and applying fiscal sustainability analysis and how it may relate to the country-specific macro-fiscal environment.
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    Qualifications

    Participants are expected to have a degree in economics or equivalent work experience and some familiarity with using spreadsheets.
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    Course Description

    This course, presented by the Institute for Capacity Development, looks at fiscal sustainability as a requirement for macroeconomic stability and sustainable and inclusive long-term growth. It provides a thorough overview of how to assess fiscal sustainability from a policy and tools perspective. The course also discusses long-term fiscal pressures as well as fiscal risks and the early warning indicators used by the IMF and covers debt management strategies. Special attention is given to fiscal crises and the subsequent fiscal adjustments.
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    Course Objectives

    Upon completion of this course, participants should be able to: Describe why fiscal sustainability is central to macroeconomic stability and sustainable growth. Apply effective concepts, definitions, and techniques for analyzing fiscal sustainability. Identify fiscal vulnerabilities, distinguishing between near-term risks and long-term pressures. Analyze crisis and fiscal adjustment cases. Differentiate between various debt sustainability analysis (DSA) frameworks. Prepare a DSA for a country with access to financial markets or for a low-income country.      
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