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Macroeconomic Management in Resource-Rich Countries

Macroeconomic Management in Resource-Rich Countries- Online (MRCx)

Apply online by March 4, 2021

Session No.: OL 20.125

Location: Course conducted online

Date: September 1, 2020 - April 15, 2021 (33 weeks)

Primary Language: French

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    Target Audience

    All government officials are welcome to register. The course is particularly useful for officials from central banks, ministries of finance, and other government agencies involved in the design and execution of policies in resource-rich countries (RRCs). The course is offered in English and French.

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    Qualifications

    Some knowledge of economics would be helpful. Basic Microsoft Excel skills and access to a computer with a reliable Internet connection are essential.

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    Course Description

    This online course, presented jointly by the Institute for Capacity Development and the Fiscal Affairs and Statistics Departments, 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.

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    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.
    • Assess the pros and cons of policies to promote diversity and transparency in the management of natural resources.
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    Important Note for Online Courses

    For Online Learning (OL) courses, which are delivered through the edX platform, you will need an additional piece of information to register: you will be prompted for your edX.org username. If you do not already have a username, please go to https://courses.edx.org/register and sign up for a free account. Once you have created an account, you may complete the IMF Institute application. If you already have an edX account, your username can be found on the top right of the screen after logging in.

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    Apply Now - Application deadline approaching:

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

    Virtual - Financial Development and Financial Inclusion (FDFI)

    English, November 16-27, 2020, Singapore, Singapore

    Apply online by September 24, 2020

    Virtual - Fiscal Frameworks (FF)

    English (French), October 26, 2020 - November 6, 2020, Ebene, Mauritius

    Apply online by September 25, 2020

    Virtual - Financial Sector Policies (FSP)

    English (French), November 9-20, 2020, Ebene, Mauritius

    Apply online by September 25, 2020