Projecting Public Debt - The Public Debt Dynamics Tool
Source details
- Canonical URL
- Projecting Public Debt - The Public Debt Dynamics Tool
Other formats
Bibliographic details
- Session: OL 23.202
- Location: Course conducted online
- Dates: May 1, 2023 - April 15, 2024 (50 weeks)
- Delivery method: Online Training
- Primary language: French
- Status: Deadline passed
Program logistics and status
- Session No.: OL 23.202
- Location: Course conducted online
- Date: May 1, 2023 - April 15, 2024 (50 weeks)
- Delivery Method: Online Training
- Primary Language: French
- Status: Deadline passed
- Qualifications: Some knowledge of economics is helpful. Basic Microsoft Excel skills and access to a computer with a reliable internet connection and a Google Chrome web browser are essential.
Target audience
- All government officials are welcome to register.
- Particularly useful for officials from:
- ministries of finance
- debt agencies
- central banks
- other government agencies responsible for implementing macroeconomic and debt policies
Course description
- Presented by the Institute for Capacity Development.
- Two-module online course explaining how to project the stock of public debt over time for baseline (most likely) and alternative scenarios.
- Explains how to estimate the path of fiscal adjustments necessary to reach a pre-determined target level of debt.
- Introduces an easy-to-use Excel-based Public Debt Dynamics Tool (DDT) that:
- uses projections of some 10 key macroeconomic and financial variables
- provides public debt projections under baseline and stress test scenarios
- produces fan charts that describe uncertainty about the evolution of debt over time in a probabilistic manner
- identifies the main drivers of public debt changes
- computes measures of fiscal adjustments necessary to achieve a public debt target during a certain period, as specified by the user
Course objectives
- Upon completion of this course, participants should be able to:
- Compute public debt dynamics.
- Identify the main drivers of public debt dynamics.
- Compute measures of fiscal adjustments necessary to achieve a public debt target.
- Conduct a stress test to public debt dynamics, including through the use of fan charts.
- Identify the main components of a debt sustainability analysis to assess the risk of debt distress.
References