June 15-16, 2018
Campus Plaza Kyoto
Global Financial Markets Confront the War in the Middle East and Amplification Risks
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Friday, June 15 |
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9:40- |
Registration |
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10:00–10:20 |
Welcome and Opening Remarks Mr. Chikahisa Sumi, Director, IMF OAP (TBD), JICA Kansai |
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10:20–10:50 |
A. Role of the IMF
Introduction of the Economist Training Program and the IMF An IMF staff member will explain the objective of the Economist Training Program. The session will also give brief introduction of the role of the IMF. |
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10:50-11:00 |
Coffee Break |
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11:00-12:30 |
B. Overview of the IMF's Macroeconomic Framework
This session will provide an overview of the ways in which the IMF analyzes and projects macroeconomic developments and policies. The lecture will discuss the IMF's financial programming tool, and describe how it is used to understand linkages between macroeconomic variables and to make projections that are both internally consistent and sensible. The role of financial programming in identifying necessary policies and quantitative targets in IMF-supported program will also be explored. Recommended Online course after the session: - Financial Programming and Policies, Part 1: Macroeconomic Accounts & Analysis (FPP.1x) - Financial Programming and Policies, Part 2: Program Design (FPP.2x) - Macroeconomic Forecasting (MFx) - Macroeconomic Diagnostics (MDSx) Discussion |
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12:30–13:30 |
Lunch |
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13:30–15:00 |
C. IMF Surveillance: Case Study of Turkey
This session will utilize a country case to explain the role of IMF surveillance and illustrate the how financial programming is utilized to analyze a country economy. In particular, the class will explore how to use economic data to make projections, identify risks, and develop policy recommendations. A recent IMF staff report will serve as the basis of this lecture.
Recommended Online Course After the Session: - Debt Sustainability Analysis (DSAx) - Financial Market Analysis (FMAx). - Macroeconomic Diagnostics (MDSx)
Discussion |
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15:00-15:30 |
Coffee Break |
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15:30-17:00 |
D. IMF-Supported Programs: Case Study of Mongolia
This session will discuss the role of, and process behind, an IMF-supported program. A case study of a recent program will be utilized to provide concrete examples of key concepts introduced during the day, and to explore trade-offs faced in program design.
Discussion |
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17:00-17:30 |
E. Introduction of Group Assignment
In this brief session, the group assignment will be explained and material will be distributed. There will also be an opportunity for participants to ask questions based on the day’s material. |
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Saturday, June 16 |
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9:00-11:30 |
F. Participants’ Presentations
In this session, participants will analyze some tables from an IMF staff report to give a diagnosis of the country and will present their findings. |
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11:30-12:30 |
Lunch |
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12:40-13:40 |
G. Case from JICA
The lecture by a JICA staff member will provide hands-on experience in describing how the JICA works with the IMF. Discussion |
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13:40-14:10 |
Photo Session |
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14:30-16:30 |
Reception Awarding of Certificates to Participants Closing Remarks |
