## Workshop for GCC Officials Selected Issues in Monetary Policy

## Source details

**Canonical URL:** [Workshop for GCC Officials Selected Issues in Monetary Policy](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2024/simpce24-11)

## Other formats

- [Markdown version](/en/capacity-development/training/icdtc/schedule/ce/2024/simpce24-11/index.md)
- [Structured JSON version](/en/capacity-development/training/icdtc/schedule/ce/2024/simpce24-11/index.json)
- [Bundle manifest](/en/capacity-development/training/icdtc/schedule/ce/2024/simpce24-11/bundle-manifest.json)

## Bibliographic details
- Session: CE 24.11
- Location: Kuwait City, Kuwait
- Dates: April 16-18, 2024 (1 week)
- Delivery method: In-person Training
- Primary language: English
- Status: Deadline passed

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### Overview
- Presented by the Institute for Capacity Development.
- Provides a comprehensive overview of monetary policy regimes, monetary transmission mechanisms, and the role of monetary policy in macroeconomic stabilization with a special emphasis on the GCC region.
- Bridges theory, empirical evidence, and operational experience by illustrating the optimization problems and tradeoffs involved in monetary policy decisions.

### Target audience and qualifications
- Target Audience:
  - Junior to mid-level officials GCC countries interested in understanding and analyzing the conduct of monetary policy and its interaction with the rest of the economy.
- Qualifications:
  - Participants are expected to have an advanced degree in economics or equivalent experience.
  - Participants should be comfortable using Microsoft Excel and Excel-based applications.

### Course content and learning objectives
- Core topics:
  - Monetary policy regimes.
  - Monetary transmission mechanisms.
  - Role of monetary policy in macroeconomic stabilization.
- Emphases:
  - Special emphasis on the GCC region.
  - Illustration of optimization problems and tradeoffs involved in monetary policy decisions.
- Learning objectives:
  - Understand and analyze conduct of monetary policy and its interactions with the economy.
  - Compare and assess policy responses to various shocks under different monetary policy regimes.

### Pedagogy and practical components
- Instructional format:
  - Lectures introducing basic policy concepts.
  - Hands-on workshops focused on practical policy challenges in emerging market and developing economies.
- Applied learning:
  - Case studies used to reinforce understanding and to help participants compare and assess policy responses to various shocks.

### Additional training offering note
- The IMF offers online training to government officials and the public.

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## References

- [In-person 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)

_Source: https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2024/simpce24-11_