## 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/ol/2023/mrcxol23-159)

## Other formats

- [Markdown version](/en/capacity-development/training/icdtc/schedule/ol/2023/mrcxol23-159/index.md)
- [Structured JSON version](/en/capacity-development/training/icdtc/schedule/ol/2023/mrcxol23-159/index.json)
- [Bundle manifest](/en/capacity-development/training/icdtc/schedule/ol/2023/mrcxol23-159/bundle-manifest.json)

## Bibliographic details
- Session: OL 23.159
- Location: Course conducted online
- Dates: May 15, 2023 - April 15, 2024 (50 weeks)
- Delivery method: Online Training
- Primary language: French
- Interpretation language: French
- Status: Deadline passed

---

### Overview
- Title: Macroeconomic Management in Resource-Rich Countries (MRCx)
- Session No.: OL 23.159
- Status: Deadline passed
- Delivery Method: Online Training
- Location: Course conducted online
- Dates: May 15, 2023 - April 15, 2024 (50 weeks)
- Primary Language: French
- Interpretation Language: French
- Course offered in: English, French, and Russian
- Presenters: Institute for Capacity Development and the Fiscal Affairs and Statistics Departments

### Target audience and qualifications
- Target Audience:
  - All government officials are welcome to register.
  - Particularly useful for officials from central banks, ministries of finance, and other government agencies involved in the design and execution of policies in resource-rich countries (RRCs).
- Qualifications:
  - Some knowledge of economics would be helpful.
  - Basic Microsoft Excel skills and access to a computer with a reliable internet connection are essential.

### Course description and core themes
- The online course discusses macroeconomic policy issues and challenges faced by resource-rich countries (RRCs).
- Core thematic coverage includes:
  - The macroeconomics of growth and diversification.
  - Fiscal policy management.
  - Macroeconomic policy coordination.
  - Public-sector asset management in RRCs.

### Learning objectives
- Upon completion, 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, 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 natural resource management.

### Key logistics and participation notes
- Format: Online, 50-week course running from May 15, 2023 to April 15, 2024.
- Language support: Primary and interpretation language listed as French; course offered in English, French, and Russian.
- Technical requirements: Basic Microsoft Excel skills and reliable internet and computer access required.

---


## References

- [Online 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/ol/2023/mrcxol23-159_