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

Virtual : Macroeconomic Management in Resource-Rich Countries (MRC)

Apply online by November 2, 2020 Deadline extended

Session No.: JV 20.37V

Location: Vienna, Austria

Date: November 30, 2020 - December 11, 2020 (2 weeks)

Primary Language: English

Interpretation Language: Russian

Apply Now

    Target Audience

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

    Back to top

    Qualifications

    Participants are expected to have an advanced degree in economics or equivalent experience and be proficient in the use of Microsoft Excel. It is strongly recommended that applicants have completed the online Macroeconomic Management in Resource-Rich Countries (MRCx) course.

    Back to top

    Course Description

    This course, presented by the Institute for Capacity Development, discusses macroeconomic policy issues and challenges faced by RRCs. The course provides participants with an understanding of: the macroeconomics of growth and diversification; managing fiscal policy; macroeconomic policy coordination; and managing public-sector assets in RRCs. The course incorporates lectures, hands-on workshops, debates, and case studies.

    Back to top

    Course Objectives

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

    • Analyze economic performance in resource-rich countries, including in terms of growth, inclusiveness, diversification, and sustainability.
    • Design appropriate fiscal frameworks, applying suitable fiscal benchmarks to determine whether to consume, save, or invest the proceeds from the sale of natural resources.
    • Identify the appropriate macroeconomic policy responses to commodity price shocks.
    • Design policies to promote greater transparency in the management of natural resources, including in terms of the appropriate institutional structures for sovereign wealth funds.
    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.

    Virtual : Macroeconomic Diagnostics (MDS)

    English, October 26, 2020 - November 6, 2020, New Delhi, India

    Apply online by October 24, 2020

    Virtual - Macroeconomic Diagnostics (MDS)

    English, November 30, 2020 - December 10, 2020, Abu Dhabi, United Arab Emirates

    Apply online by October 25, 2020

    Virtual - Financial Sector Surveillance (FSS)

    English, November 9-13, 2020, New Delhi, India

    Apply online by October 26, 2020

    Virtual - Financial Sector Surveillance (FSS)

    English, November 16-20, 2020, New Delhi, India

    Apply online by October 26, 2020