## Virtual : Financial Development and Financial Inclusion

## Source details

**Canonical URL:** [Virtual : Financial Development and Financial Inclusion](https://www.imf.org/en/capacity-development/training/icdtc/schedule/at/2021/fdfiat21-28v)

## Other formats

- [Markdown version](/en/capacity-development/training/icdtc/schedule/at/2021/fdfiat21-28v/index.md)
- [Structured JSON version](/en/capacity-development/training/icdtc/schedule/at/2021/fdfiat21-28v/index.json)
- [Bundle manifest](/en/capacity-development/training/icdtc/schedule/at/2021/fdfiat21-28v/bundle-manifest.json)

## Bibliographic details
- Session: AT 21.28V
- Location: Ebene, Mauritius
- Dates: November 8-12, 2021 (1 week)
- Delivery method: Virtual Training
- Primary language: English
- Interpretation language: French
- Status: Deadline passed

---

### Training Program and Target Audience
- Target Audience:
  - Mid-level to senior officials from central banks and government agencies dealing with regulation of the financial sector.
  - Preference is given to applicants working on issues directly related to financial development and inclusion.
- Delivery Method: Virtual Training
- Primary Language: English
- Interpretation Language: French
- Location: Ebene, Mauritius
- Date: November 8-12, 2021 (1 week) New dates
- Session No.: AT 21.28 V
- Deadline: Deadline passed

### Qualifications and Preparatory Recommendations
- Participants are expected to have a basic knowledge of economics or finance, or equivalent work experience.
- Knowledge of econometrics is helpful but not required.
- It is strongly recommended that applicants have completed the online Financial Development and Financial Inclusion (FDFIx) course.

### Course Description
- Presented by the Institute for Capacity Development.
- Explains the macroeconomic relevance of financial development and inclusion.
- Begins with an analysis that defines the role of finance in the economy.
- Reviews the theoretical and empirical literature on the impact of finance on macroeconomic performance and growth.
- Addresses policies to encourage financial development (market-enabling policies) and limit its potentially destabilizing effects (market-harnessing policies).
- Introduces financial inclusion as an integral dimension of financial development, noting that attention historically centered on the concept and measurement of financial depth.
- Reviews the indicators currently used to measure financial inclusion, its distinct macroeconomic impact, and the main policy strategies usually pursued.

### Course Objectives
Upon completion of this course, participants should be able to:
- Measure the degree of financial development and inclusion for a country or countries using a wide range of standard indicators.
- Identify the shortcomings of various indicators and recognize the possible need to collect more detailed microeconomic data.
- Use a simple analytical model to predict the likely outcomes of different policies on financial inclusion.
- Assess policy options and strategies for financial development and inclusion from a macroeconomic perspective by identifying potential tradeoffs and possible impediments.
- Formulate a strategy for policies to support financial development in a country, taking into account initial conditions and links between the financial sector and the macroeconomy.

---


## References

- [Virtual Training](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods)
- [Core Elements of Banking Supervision (CBS)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/at/2027/cbsat27-10)
- [Advanced Government Finance Statistics (GFS-A)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2026/gfs-ace26-45)
- [Fiscal Sustainability (FS)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2026/fsce26-38)
- [Safeguards Assessments of Central Banks (SAC)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/at/2026/sacat26-30)
- [Macroeconomic Management in Resource Rich Countries (MRC)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2026/mrcce26-44)

_Source: https://www.imf.org/en/capacity-development/training/icdtc/schedule/at/2021/fdfiat21-28v_
