Fiscal Sustainability (FS)
Deadline passed
Session No.: GT 19.02
Location: Tbilisi, Georgia
Date: May 13-17, 2019 (1 week)
Primary Language: English
Target Audience
Qualifications
Course Description
This course, presented by the IMF Institute for Capacity Development, looks at fiscal sustainability as a requirement for macroeconomic stability and sustainable and inclusive long-term growth. It provides a thorough overview of how to assess fiscal sustainability from a policy and tools perspective. It discusses fiscal risks and the early warning indicators used by the IMF and covers debt crises, debt management strategies, contingent liabilities, and long-term fiscal challenges.
Course Objectives
- Describe why fiscal sustainability is central to macroeconomic stability and sustainable growth.
- Apply effective concepts, definitions, and techniques for analyzing fiscal sustainability.
- Identify near- and long-term risks and fiscal vulnerabilities.
- Analyze crisis and fiscal adjustment cases.
- Differentiate various debt sustainability analysis (DSA) frameworks.
- Prepare a risk-based public DSA for a country with access to financial markets.
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