Macroeconomic Management in Resource Rich Countries (MRC)
Deadline passed
Session No.: JV 23.27
Location: Vienna, Austria
Date: September 25, 2023 - October 6, 2023 (2 weeks)
Delivery Method: In-person Training
Primary Language: English
Interpretation Language: Russian
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).
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 first complete the online Macroeconomic Management in Resource-Rich Countries (MRCx) course.
Course Description
This course discusses macroeconomic policy issues and challenges faced by RRCs. The course provides participants with an understanding of: the macroeconomics of growth and diversification, fiscal policy management, macroeconomic policy coordination, and public-sector asset management in RRCs. The course incorporates lectures, hands-on workshops, debates, and case studies.
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, and/or invest the proceeds from the sale of natural resources.
- Identify the appropriate macroeconomic policy responses to commodity price shocks.
- Design policies to promote transparency in the management of natural resources, including in terms of the appropriate institutional structures for sovereign wealth funds.
VITARA Enterprise Risk Management (VITARA-ERM)
English | April 29, 2024 - May 20, 2024 | Online Training | Course conducted online
Apply online by May 8, 2024
Quarterly National Accounts/High Frequency Indicators of Economic Activity (QNAx)
French | March 28, 2024 - May 16, 2024 | Online Training | Course conducted online
Apply online by May 9, 2024
Quarterly National Accounts/High Frequency Indicators of Economic Activity (QNAx)
Spanish | March 28, 2024 - May 16, 2024 | Online Training | Course conducted online
Apply online by May 9, 2024
Government Finance and Public Sector Debt Statistics (GFS-PDS)
English (French) | June 17-28, 2024 | Blended Training | Ebene, Mauritius
Apply online by May 10, 2024
Navigating Banking Supervision - Unpacking the Latest Issues with a Regional Perspective
English | June 24-28, 2024 | In-person Training | Mumbai, India
Apply online by May 10, 2024