Connect with IMF Institute
f Macroeconomic Management in Resource-Rich Countries

Virtual : Macroeconomic Management in Resource-Rich Countries (MRC)

Deadline passed

Session No.: JV 20.37V

Location: Vienna, Austria

Date: November 30, 2020 - December 11, 2020 (2 weeks)

Primary Language: English

Interpretation Language: Russian

    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).

    Back to top

    Qualifications

    Participants are expected to have an advanced degree in economics or equivalent experience and be proficient in the use of Microsoft Excel. It is strongly recommended that applicants have completed the online Macroeconomic Management in Resource-Rich Countries (MRCx) course.

    Back to top

    Course Description

    This course, presented by the Institute for Capacity Development, discusses macroeconomic policy issues and challenges faced by RRCs. The course provides participants with an understanding of: the macroeconomics of growth and diversification; managing fiscal policy; macroeconomic policy coordination; and managing public-sector assets in RRCs. The course incorporates lectures, hands-on workshops, debates, and case studies.

    Back to top

    Course Objectives

    Upon completion of this 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, or invest the proceeds from the sale of natural resources.
    • Identify the appropriate macroeconomic policy responses to commodity price shocks.
    • Design policies to promote greater transparency in the management of natural resources, including in terms of the appropriate institutional structures for sovereign wealth funds.
    Back to top

    Apply Now - Application deadline approaching:

    IMF offers online training to government officials and the public. Click Learn more to find our current offerings.

    Transforming Public Finance through GovTech

    English | June 17-21, 2024 | In-person Training | Vienna, Austria

    Apply online by March 31, 2024

    RA-GAP VAT Gap Estimation Model (VGAPx)

    Spanish | May 1, 2023 - April 15, 2024 | Online Training | Course conducted online

    Apply online by April 1, 2024

    Public Sector Debt Statistics (PSDSx)

    Spanish | May 1, 2023 - April 15, 2024 | Online Training | Course conducted online

    Apply online by April 1, 2024

    Financial Programming and Policies, Part 1: Macroeconomic Accounts & Analysis (FPP.1x)

    Spanish | May 1, 2023 - April 15, 2024 | Online Training | Course conducted online

    Apply online by April 1, 2024

    VITARA - Performance Management (VITARA-PMG)

    English | January 1, 2024 - April 15, 2024 | Online Training | Course conducted online

    Apply online by April 1, 2024