Fiscal Sustainability
Source details
- Canonical URL
- Fiscal Sustainability
Other formats
Bibliographic details
- Session: AT 24.15
- Location: Ebene, Mauritius
- Dates: February 19, 2024 - March 1, 2024 (2 weeks)
- Delivery method: In-person Training
- Primary language: English
- Interpretation language: French Portuguese
- Status: Deadline passed
Target audience and qualifications
- Target Audience:
- Junior to senior officials with some intermediate fiscal background who are interested in understanding and applying fiscal sustainability analyses and learning how such analyses may relate to a country-specific environment.
- Qualifications:
- Participants are expected to have a degree in economics or equivalent work experience and some familiarity with using spreadsheets.
Course description
- Presented by the Institute for Capacity Development.
- Focus:
- Fiscal sustainability as a requirement for macroeconomic stability and sustainable and inclusive long-term growth.
- Thorough overview of how to assess fiscal sustainability from a policy and tools perspective.
- Discussion of long-term fiscal pressures and risks, debt management strategies, and the early warning indicators used by the IMF.
- Special attention to case studies of fiscal crises and the subsequent fiscal adjustments.
Course objectives
Upon completion of this course, participants should be able to:
- Describe why fiscal sustainability is central to macroeconomic stability and sustainable growth.
- Apply effective concepts, definitions, and techniques for analyzing fiscal sustainability.
- Identify fiscal vulnerabilities, distinguishing between near-term and long-term risks.
- Analyze crises and fiscal adjustment cases.
- Differentiate between various debt sustainability analysis (DSA) frameworks.
- Prepare a brief DSA for either a country with access to financial markets or a low-income country.