{ "title": "Virtual : DSA and IMF Policies Workshop", "sourceUrl": "https://www.imf.org/en/capacity-development/training/icdtc/schedule/ct/2021/dsact21-11v", "canonical": "https://www.imf.org/en/capacity-development/training/icdtc/schedule/ct/2021/dsact21-11v", "overlayPath": "/en/capacity-development/training/icdtc/schedule/ct/2021/dsact21-11v/index.md", "summary": "Experience with debt sustainability analysis, or credit risk analysis would be extremely useful.", "publishDate": "2023-03-13", "sections": [ { "heading": "Event details and qualifications", "content": "- Session No.: CT 21.11 V\n- Location: Beijing, China\n- Date: September 13-28, 2021 (2 weeks)\n- Delivery Method: Virtual Training\n- Primary Language: English\n- Qualifications: Participants should have a degree in economics or finance. Experience with debt sustainability analysis, or credit risk analysis would be extremely useful.\n- Target Audience:\n - Officials in ICBC, Eximbank or CDB directly involved in lending decisions (loan officers, credit risk analysts)\n - Officials in the PBoC engaged in designing swap arrangements in EMs/LICs\n - Officials from NDRC, China Export and Credit Insurance Corp, CIDCA, and other agencies engaged in lending/aid\n - Officials in the Ministries of Commerce, Foreign Affairs, and Finance overseeing lending/aid to EMs/LICs" }, { "heading": "Course description — scope and objectives", "content": "- Presented by the IMF's Strategy, Policy, and Review Department.\n- Objective: Provide a comprehensive overview of tools to assist with debt sustainability analysis, focusing on assessing cases where debt is not sustainable and resolution is needed, and covering the global architecture for debt resolution.\n- Delivery: Lectures complemented by hands-on exercises using the IMF/WB debt sustainability templates; group work on scenarios and a case study on a debt resolution." }, { "heading": "Core technical topics covered", "content": "- Determination of a country's debt carrying capacity (both external and total debt)\n- Macro forecasting and realism (with close attention to investment-growth linkages)\n- Assessing contingent risks that exist due to gaps in data on total public debt\n- Examining risks posed by shocks (natural disasters, commodity prices, market exposures)\n- Bringing in other factors that could influence debt outcomes (assets, private debt, etc)\n- Categorizing risks for external and total debt, and qualifying them\n- Thinking about fiscal space for borrowing\n- The IMF's Debt limits policy and international agreements on structuring lending\n- How different approaches to financing investment could impact assessments — thinking about sustainability and different approaches to restoring sustainability\n- The process of private debt resolution\n- The process for resolution of official debt at the Paris Club — Creditor type and hierarchy\n- Typical solutions deployed by negotiators in restructuring situations\n- The IMF's policies when dealing with countries in a debt resolution situation, including:\n - the lending framework for exceptional access\n - the financing assurance policy\n - the lending into arrears policy" }, { "heading": "Pedagogy and practical application", "content": "- Hands-on exercises using the IMF/WB debt sustainability templates.\n- Group scenario work to consider implications for the evolution of debt vulnerabilities and options to mitigate risks.\n- A case study on a debt resolution included to apply analytical tools and policy frameworks." } ], "bullets": [ "Session No.: CT 21.11 V", "Location: Beijing, China", "Date: September 13-28, 2021 (2 weeks)", "Delivery Method: Virtual Training", "Primary Language: English", "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:", "Presented by the IMF's Strategy, Policy, and Review Department.", "Objective: Provide a comprehensive overview of tools to assist with debt sustainability analysis, focusing on assessing cases where debt is not sustainable and resolution is needed, and covering the global architecture for debt resolution.", "Delivery: Lectures complemented by hands-on exercises using the IMF/WB debt sustainability templates; group work on scenarios and a case study on a debt resolution.", "Determination of a country's debt carrying capacity (both external and total debt)", "Macro forecasting and realism (with close attention to investment-growth linkages)", "Assessing contingent risks that exist due to gaps in data on total public debt", "Examining risks posed by shocks (natural disasters, commodity prices, market exposures)", "Bringing in other factors that could influence debt outcomes (assets, private debt, etc)", "Categorizing risks for external and total debt, and qualifying them", "Thinking about fiscal space for borrowing", "The IMF's Debt limits policy and international agreements on structuring lending", "How different approaches to financing investment could impact assessments — thinking about sustainability and different approaches to restoring sustainability", "The process of private debt resolution", "The process for resolution of official debt at the Paris Club — Creditor type and hierarchy", "Typical solutions deployed by negotiators in restructuring situations", "The IMF's policies when dealing with countries in a debt resolution situation, including:", "Hands-on exercises using the IMF/WB debt sustainability templates.", "Group scenario work to consider implications for the evolution of debt vulnerabilities and options to mitigate risks.", "A case study on a debt resolution included to apply analytical tools and policy frameworks." ], "alternates": { "markdown": "/en/capacity-development/training/icdtc/schedule/ct/2021/dsact21-11v/index.md", "json": "/en/capacity-development/training/icdtc/schedule/ct/2021/dsact21-11v/index.json", "bundleManifest": "/en/capacity-development/training/icdtc/schedule/ct/2021/dsact21-11v/bundle-manifest.json" }, "generatedAtUtc": "2026-09-29T17:03:31.462Z" }