## Macroeconomic Management in Resource-Rich Countries

## Source details

**Canonical URL:** [Macroeconomic Management in Resource-Rich Countries](https://www.imf.org/en/capacity-development/training/icdtc/schedule/jv/2024/mrcjv24-29)

## Other formats

- [Markdown version](/en/capacity-development/training/icdtc/schedule/jv/2024/mrcjv24-29/index.md)
- [Structured JSON version](/en/capacity-development/training/icdtc/schedule/jv/2024/mrcjv24-29/index.json)
- [Bundle manifest](/en/capacity-development/training/icdtc/schedule/jv/2024/mrcjv24-29/bundle-manifest.json)

## Bibliographic details
- Session: JV 24.29
- Location: Vienna, Austria
- Dates: September 23, 2024 - October 4, 2024 (2 weeks)
- Delivery method: In-person Training
- Primary language: English
- Interpretation language: Russian
- Status: Deadline passed

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### Training program overview
- Session No.: JV 24.29
- Location: Vienna, Austria
- Date: September 23, 2024 - October 4, 2024 (2 weeks)
- Delivery Method: In-person Training
- Primary Language: English
- Interpretation Language: Russian
- Status: Deadline passed

### Target audience and qualifications
- Target Audience: Mid-level to senior officials from central banks, ministries of finance, and other government agencies tasked with the design and execution of policies in resource-rich countries (RRCs).
- Qualifications:
  - Participants are expected to have an advanced degree in economics or equivalent experience.
  - Participants are expected to be proficient in the use of Microsoft Excel.
  - It is strongly recommended that applicants first complete the online Macroeconomic Management in Resource-Rich Countries (MRCx) course.

### Course description and core content
- The course discusses macroeconomic policy issues and challenges faced by RRCs.
- Instructional methods: lectures, hands-on workshops, debates, and case studies.
- Core subject areas:
  - Macroeconomics of growth and diversification.
  - Fiscal policy management.
  - Macroeconomic policy coordination.
  - Public-sector asset management in RRCs.

### Course objectives (learning outcomes)
Upon completion of the course, participants should be able to:
- Analyze economic performance in resource-rich countries, including in terms of growth, inclusiveness, diversification, and sustainability.
- Design appropriate fiscal frameworks, applying suitable fiscal benchmarks to determine whether to consume, save, and/or invest the proceeds from the sale of natural resources.
- Identify the appropriate macroeconomic policy responses to commodity price shocks.
- Design policies to promote transparency in the management of natural resources, including in terms of the appropriate institutional structures for sovereign wealth funds.

### Related IMF in-person training listings (selected)
- Core Elements of Banking Supervision (CBS): English (French, Portuguese) | January 18-29, 2027 | In-person Training | Ebene, Mauritius
- Advanced Government Finance Statistics (GFS-A): English (Arabic) | December 13-17, 2026 | In-person Training | Kuwait City, Kuwait
- Fiscal Sustainability (FS): English (Arabic) | November 9-20, 2026 | In-person Training | Abu Dhabi, United Arab Emirates
- Safeguards Assessments of Central Banks (SAC): English (French, Portuguese) | November 9-13, 2026 | In-person Training | Ebene, Mauritius
- Macroeconomic Management in Resource Rich Countries (MRC): English (Arabic) | December 7-18, 2026 | In-person Training | Abu Dhabi, United Arab Emirates

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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)
- [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/jv/2024/mrcjv24-29_