{
  "title": "Monetary Policy (MP)",
  "sourceUrl": "https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2024/mpce24-12",
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  "summary": "Monetary Policy Training Program Target Audience Junior to mid-level officials from emerging markets and low-income countries interested in understanding and analyzing the conduct of monetary policy and its interaction with the rest of the economy.",
  "publishDate": "2024-01-19",
  "sections": [
    {
      "heading": "Overview and Logistics",
      "content": "- Training Program: Monetary Policy\n- Session No.: CE 24.12\n- Location: Kuwait City, Kuwait\n- Date: February 4-7, 2024 (1 week)\n- Delivery Method: In-person Training\n- Primary Language: English\n- Status: Deadline passed"
    },
    {
      "heading": "Target Audience and Qualifications",
      "content": "- Target Audience:\n  - Junior to mid-level officials from emerging markets and low-income countries interested in understanding and analyzing the conduct of monetary policy and its interaction with the rest of the economy.\n- Qualifications:\n  - Participants are expected to have an advanced degree in economics or equivalent experience.\n  - Comfortable using Microsoft Excel and Excel-based applications.\n  - Course is an overview course; it is strongly recommended that applicants have completed a few general macroeconomic courses, such as Financial Programming and Policies (FPP) and Macroeconomic Diagnostic (MDS), face-to-face or online."
    },
    {
      "heading": "Course Description and Content",
      "content": "- Purpose:\n  - Presented by the Institute for Capacity Development, the course gives a comprehensive overview of monetary policy regimes, monetary transmission mechanisms, and the role of monetary policy in macroeconomic stabilization.\n- Approach:\n  - Bridges theory, empirical evidence, and operational experience by illustrating optimization problems and tradeoffs involved in monetary policy decisions.\n  - Learning moves from lectures introducing basic concepts to hands-on workshops.\n  - Case studies are used to reinforce participant understanding and to help compare and assess a variety of experiences.\n- Topics and emphasis:\n  - Monetary frameworks and central bank mandates, including attention to environmental, social and governance principles.\n  - Recent crises that have dramatically changed the landscape in which central banks operate (beyond simple interest rate policies, with due consideration to Unconventional Monetary Policy).\n  - Recent evolution of FinTech and digital currencies and implications to monetary policy."
    },
    {
      "heading": "Course Objectives and Practitioner Outcomes",
      "content": "- Upon completion, participants should be able to:\n  - Analyze how monetary policy decisions are made under various regimes to deliver price stability and meeting other objectives.\n  - Identify how these decisions are transmitted to the real economy.\n  - Evaluate how the economy and monetary policy respond to macroeconomic shocks under various monetary policy frameworks, demonstrated through a group presentation to their peers.\n- Central bank practitioner objectives:\n  - Design a sound monetary policy framework.\n  - Prescribe policies consistent with the framework chosen."
    }
  ],
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    "Training Program: Monetary Policy",
    "Session No.: CE 24.12",
    "Location: Kuwait City, Kuwait",
    "Date: February 4-7, 2024 (1 week)",
    "Delivery Method: In-person Training",
    "Primary Language: English",
    "Status: Deadline passed",
    "Target Audience:",
    "Qualifications:",
    "Purpose:",
    "Approach:",
    "Topics and emphasis:",
    "Upon completion, participants should be able to:",
    "Central bank practitioner objectives:"
  ],
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  "generatedAtUtc": "2026-09-29T16:59:23.860Z"
}