Macroeconomic Management in Resource-Rich Countries (MRCx)
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- Macroeconomic Management in Resource-Rich Countries (MRCx)
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Bibliographic details
- Published: April 9, 2024
Upcoming offerings
| Start date | End date | Location | Delivery Method | Session No. | Primary & (Interpretation) language | Apply |
|---|---|---|---|---|---|---|
| May 1, 2026 | April 15, 2027 | Course conducted online | [[Online Training](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods)](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods) | OL 26.178 | Russian | [[Apply online](https://www-ins.imf.org/TAS/signon.aspx?pkey=OL26.179E)](https://www-ins.imf.org/TAS/signon.aspx?pkey=OL26.178R) by April 1, 2027 |
| May 1, 2026 | April 15, 2027 | Course conducted online | [[Online Training](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods)](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods) | OL 26.179 | English | [[Apply online](https://www-ins.imf.org/TAS/signon.aspx?pkey=OL26.179E)](https://www-ins.imf.org/TAS/signon.aspx?pkey=OL26.178R) by April 1, 2027 |
| May 1, 2026 | April 15, 2027 | Course conducted online | [[Online Training](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods)](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods) | OL 26.177 | French | [[Apply online](https://www-ins.imf.org/TAS/signon.aspx?pkey=OL26.179E)](https://www-ins.imf.org/TAS/signon.aspx?pkey=OL26.178R) by April 1, 2027 |
Overview
- The course is an online training presented jointly by the Institute for Capacity Development and the Fiscal Affairs and Statistics Departments.
- It discusses macroeconomic policy issues and challenges faced by resource-rich countries (RRCs).
- The course provides participants with an understanding of:
- the macroeconomics of growth and diversification,
- fiscal policy management,
- macroeconomic policy coordination,
- public-sector asset management in RRCs.
- Topic : Structural Policies
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).
- The course is offered in English, French, and Russian.
Qualifications
- Some knowledge of economics would be helpful.
- Basic Microsoft Excel skills and access to a computer with a reliable internet connection are essential.
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.
- Design policies to promote transparency in natural resource management.