TARGET GROUP | World Bank Group staff and selected country
clients (especially from ministries of finance and central banks).
DESCRIPTION | This one-week hands-on training course presents
an introduction to practical tools that are useful in country analysis
to help economists better assess a country’s fiscal risks and fiscal
positions under various macroeconomic conditions and prepare
consistent fiscal forecasts under uncertainty. It will help deliver
analytically informed policy advice for the design of development
policy and other WB lending operations, and related non-lending
products, with fiscal policy measures. It will also help assess fiscal
impacts of state-owned enterprise (SOE) operations and energy
subsidy reforms. It could help identify fiscal risks from a country’s
demographic structure (e.g. aging), impacts of natural disasters, and
from large infrastructure development plans using market-based
financing/public-private partnerships (PPPs) with a view towards
maximizing finance for development.
The course format includes presentations and hands-on case studies
with discussions on operational applications. The course is designed
as a series of modules that build on each other in which participants
are divided into groups, under the guidance of counselors, to
implement the diagnostic and analytical tools presented in the
lectures and to develop consistent forecasts of key macroeconomic
debt and fiscal indicators. Class size will be kept small and the content
is tailored to fit participants’/regional interests. The course instructors
are drawn from World Bank’s Fiscal Policy Global Solutions Group’s
(GSGs) Global Expert Teams in the specific thematic areas, and
invited external technical experts/practitioners.
Start:
End: May 03
Language: English
Sponsoring Organization: IBRD
Admin Arrangements
Application Deadline: By invitation only