Central Bank Digital Currencies (CBDC)
Deadline passed
Session No.: SA 25.03
Location: New Delhi, India
Date: February 3-7, 2025 (1 week)
Delivery Method: In-person Training
Primary Language: English
Target Audience
Mid-level to senior officials in central banks and other government agencies dealing with regulation of the financial sector.
Qualifications
Participants are expected to have an advanced degree in economics or finance or equivalent work experience.
Course Description
The course is designed to give participants a foundation in central bank digital currencies (CBDC). It will assess the business case for CBDC adoption from the perspective of users and central banks. After some motivations and introductory remarks on digitalization, the course will discuss the different forms of CBDCs, and present considerations for CBDC design and a conceptual framework. The course will present the benefits, costs and risks related to CBDCs. In addition, CBDCs will be studied in terms of their implications for financial stability and bank intermediation, the monetary policy transmission, financial integrity, and financial inclusion. Sometime will be devoted to regulatory considerations, both at the national and international level.
Course Objectives
Upon completion of this course, participants should be able to:
- Explain the economic rationale for the use of CBDCs compared to other payment instruments.
- Use the framework presented in the course to think about the design and implementation of CBDCs.
- Use the concepts introduced in the course to assess the benefits and costs of CBDCs.
- Identify threats to financial stability and various risks based on country case studies.
- Extract lessons from country pilots to try to prevent design pitfalls.
Macroeconomics of Climate Change (MCC)
English (Russian) | March 3-7, 2025 | In-person Training | Almaty, Republic of Kazakhstan
Apply online by January 24, 2025
Macroeconometric Forecasting and Analysis (MFA)
English | April 28, 2025 - May 9, 2025 | In-person Training | Vienna, Austria
Apply online by January 26, 2025
Model-Based Monetary Policy Analysis and Forecasting (MPAF)
English | March 3-13, 2025 | In-person Training | New Delhi, India
Apply online by January 27, 2025
Fiscal Sustainability (FS)
English (French, Portuguese) | March 3-14, 2025 | In-person Training | Ebene, Mauritius
Apply online by January 28, 2025
Public Debt Sustainability and Debt Restructuring
English (French, Portuguese) | March 24-28, 2025 | In-person Training | Ebene, Mauritius
Apply online by January 29, 2025