## Financial Development and Financial Inclusion

## Source details

**Canonical URL:** [Financial Development and Financial Inclusion](https://www.imf.org/en/capacity-development/training/icdtc/schedule/jv/2024/fdfijv24-31)

## Other formats

- [Markdown version](/en/capacity-development/training/icdtc/schedule/jv/2024/fdfijv24-31/index.md)
- [Structured JSON version](/en/capacity-development/training/icdtc/schedule/jv/2024/fdfijv24-31/index.json)
- [Bundle manifest](/en/capacity-development/training/icdtc/schedule/jv/2024/fdfijv24-31/bundle-manifest.json)

## Bibliographic details
- Session: JV 24.31
- Location: Vienna, Austria
- Dates: October 7-11, 2024 (2 weeks)
- Delivery method: Blended Training
- Primary language: English
- Status: Deadline passed

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### Course overview and logistics
- Event: Financial Development and Financial Inclusion training program (Session No.: JV 24.31).
- Organizer: Institute for Capacity Development, International Monetary Fund.
- Location: JVI in Vienna, Austria.
- Delivery Method: Blended Training.
- Primary Language: English.
- Date (in-person session): October 07-11, 2024.
- Virtual segment dates: September 30 – October 04, 2024.
- Duration: 2 weeks (comprising the virtual segment plus the in-person session).
- Admission condition: Successful completion of the virtual segment is a prerequisite for advancement to the in-person component.
- Application status: Deadline passed.

### 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 given to applicants working on issues directly related to financial development and inclusion.
- Qualifications:
  - Expected background: basic knowledge of economics or finance, or equivalent work experience.
  - Additional helpful skills: knowledge of econometrics (helpful but not required).

### Course description and pedagogical approach
- Purpose:
  - Explain the macroeconomic relevance of financial development and inclusion.
  - Introduce financial inclusion as an integral dimension of financial development.
- Structure:
  - Part 1: Virtual Segment (selected participants; September 30 – October 04, 2024).
  - Part 2: In-Person Session (October 07-11, 2024 at JVI in Vienna).
- Content areas:
  - Analysis defining the role of finance in the economy.
  - Framework for financial market development: main players and instruments.
  - Obstacles impeding financial market development and policies to encourage development.
  - Indicators used to measure financial inclusion and its macroeconomic impact.
  - Main policy strategies to encourage financial inclusion.
- Methods:
  - Extensive case studies.
  - Groupwork and workshops to provide practical experience relevant to participants’ jobs.

### Course objectives and learning outcomes
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.

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## References

- [Blended 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/jv/2024/fdfijv24-31_