Virtual : DSA and IMF Policies Workshop

Source details

Session No.: CT 20.12 V
Location: Beijing, China
Date: December 4-18, 2020 (2 weeks)
Primary Language: English
Status: Deadline passed
Delivery mode: Conducted via WebEx platform
Technical requirements:
- Reliable broadband is required
- A device with either the WebEx desktop application or a Google Chrome web browser is essential
- A computer is recommended to fully benefit from the lectures and exercises

Qualifications:
- Participants should have a degree in economics or finance
- Experience with debt sustainability analysis, or credit risk analysis would be extremely useful
Target audience:
- Officials in Eximbank or CDB directly involved in lending decisions (loan officers, credit risk analysts)
- Officials in the PBoC engaged in designing swap arrangements in EMs/LICs
- Officials from NDRC, China Export and Credit Insurance Corp, CIDCA, and other agencies engaged in lending/aid
- Officials in the Ministries of Commerce, Foreign Affairs, and Finance overseeing lending/aid to EMs/LICs
- Officials from borrowing countries responsible for macroeconomic and fiscal/budget projections

Overview:
- Presents an overview of the tools available to assist with debt sustainability analysis, with a special focus on how to use them to assess cases where debt is not sustainable and resolution is needed
- Covers the global architecture for debt resolution, when this is necessary
Topics covered:
- Defining public debt, and assessing contingent risks that exist due to gaps in data
- Macro forecasting and realism (with close attention to investment-growth linkages)
- Determination of a country's debt carrying capacity (both external and total debt)
- Categorizing risks for external and total debt, and qualifying them
- Thinking about sustainability
- Different approaches to restoring sustainability
- The international architecture for debt resolution, and IMF's policies when dealing with countries in a debt resolution situations