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Economic Issues in Regional Integration

Economic Issues in Regional Integration (ERI)

Deadline passed

Session No.: AT 19.05

Location: Ebene, Mauritius

Date: June 3-14, 2019 (2 weeks)

Primary Language: English

Interpretation Language: French

Target Audience

Mid-level to senior officials in central banks, ministries of finance, and other interested ministries and agencies in countries that are part of a regional integration arrangement or are exploring or planning organization of such an arrangement. Staff from intergovernmental or supranational regional organizations are also invited.

Qualifications

Participants should have an advanced degree in economics or equivalent experience and be proficient in the use of spreadsheets.

Course Description

The main objective of this course, presented by the IMF Institute for Capacity Development, is to broaden participants’ understanding of economic, monetary, and financial integration. Drawing on theory and on case studies from experiences in several regions, the course covers requirements for economic and monetary integration; trade, financial, and monetary integration; costs and benefits of the integration process; and political economy aspects of integration.
 
Workshops are designed to deepen participants’ knowledge of specific issues that may emerge in economic and monetary integration. Participants use case studies with country data to make assessments and are required to deliver their conclusions in short presentations.

Course Objectives

Upon completion of this course, participants should be able to:

  • Describe the various types of regional integration and cooperation and the dynamics of the integration process.
  • Initiate an analysis of the costs and benefits for their countries of various integration schemes.
  • Assess the degrees of convergence in various macroeconomic variables in the run-up to deeper integration, and the degree of convergence afterward.
  • Summarize economic and political arguments regarding integration that may affect their own country.

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