## Financial Development and Financial Inclusion

## Source details

**Canonical URL:** [Financial Development and Financial Inclusion](https://www.imf.org/en/capacity-development/training/icdtc/schedule/hq/2024/fdfihq24-06)

## Other formats

- [Markdown version](/en/capacity-development/training/icdtc/schedule/hq/2024/fdfihq24-06/index.md)
- [Structured JSON version](/en/capacity-development/training/icdtc/schedule/hq/2024/fdfihq24-06/index.json)
- [Bundle manifest](/en/capacity-development/training/icdtc/schedule/hq/2024/fdfihq24-06/bundle-manifest.json)

## Bibliographic details
- Session: HQ 24.06
- Location: Washington, D.C., United States
- Dates: August 19-30, 2024 (2 weeks)
- Delivery method: In-person Training
- Primary language: English
- Status: Deadline passed

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### Target audience and qualifications
- Target audience:
  - Mid-level to senior officials from central banks and government agencies dealing with regulation of the financial sector.
  - Preference is given to applicants working on issues directly related to financial development and inclusion.
- Qualifications:
  - Basic knowledge of economics or finance, or equivalent work experience expected.
  - Knowledge of econometrics is helpful but not required.
  - Strong recommendation that applicants have completed the online Financial Developmentand Financial Inclusion (FDFIx) course.

### Course description
- Presented by the Institute for Capacity Development.
- Explains the macroeconomic relevance of financial development and inclusion.
- Begins with an analysis that defines the role of finance in the economy.
- Presents a framework for financial market development:
  - Identifies the main players and instruments.
  - Highlights obstacles that could impede the development of such markets.
  - Reviews policies that can aid financial market development.
- Introduces financial inclusion as an integral dimension of financial development.
- Reviews:
  - Indicators currently used to measure financial inclusion.
  - The macroeconomic impact of financial inclusion.
  - Main policy strategies usually pursued to encourage inclusion.
- Uses case studies, group work and workshops to ensure practical experience useful for participants' work.

### Course objectives
Upon completion of the course, participants should be able to:
- Identify the main players and instruments needed for financial market development.
- Measure the degree of financial development and inclusion for a country or countries using a wide range of standard indicators.
- Use a simple analytical model to predict the likely outcomes of different policies on financial inclusion.
- Assess policy options and strategies for financial development and inclusion from a macroeconomic perspective by identifying potential tradeoffs and possible impediments.
- Formulate a strategy for policies to support financial development in a country, taking into account initial conditions and links between the financial sector and the macroeconomy.

---


## 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)
- [Macroeconomic Management in Resource Rich Countries (MRC)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2026/mrcce26-44)

_Source: https://www.imf.org/en/capacity-development/training/icdtc/schedule/hq/2024/fdfihq24-06_