Macroeconomic Management in Resource-Rich Countries

Source details

Title: Macroeconomic Management in Resource-Rich Countries (MRCx)
Offered jointly by the Institute for Capacity Development and the Fiscal Affairs and Statistics Departments.
Focus: Macroeconomic policy issues and challenges faced by resource-rich countries (RRCs), including the macroeconomics of growth and diversification, fiscal policy management, macroeconomic policy coordination, and public-sector asset management in RRCs.
Deadline passed.
Session No.: OL 23.204

Target Audience:
- All government officials are welcome to register.
- 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).
Qualifications:
- Some knowledge of economics would be helpful.
- Basic Microsoft Excel skills and access to a computer with a reliable internet connection are essential.

Upon completion of the 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 transparency in natural resource management.