Course Schedule 2019

Macroeconomic Management in Resource-Rich Countries (JV19.04)


TARGET GROUP | Mid-level to senior officials from central banks, ministries of finance, and other government agencies tasked with design and execution of policies in resource-rich countries (RRCs). Participants are expected to have an advanced degree in economics or equivalent experience and be proficient in the use of Excel.


DESCRIPTION | This two-week course, presented by the IMF’s Institute for Capacity Development, deals with RRC macroeconomic policy issues. The course incorporates lectures, hands-on workshops, debates, case studies, and online warm-up exercises.


OBJECTIVES | Upon completion of this course, participants will be able to:

• Assess how RRC economic performance may differ from that of other countries in terms, e.g., of growth, inclusive growth, political economy, resource curse, economic diversification, and Dutch disease

• Apply simple fiscal benchmarks to determine how much to extract, consume, and save from the sale of natural resources and modalities for savings, such as a sovereign wealth fund

• Design an effective fiscal framework and regime

• Identify macroeconomic policy responses to commodity price shocks

• Assess the extent of transparency in the management of natural resources

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Course Details

Start: 20190211Feb 11
End: 20190222Feb 22

Language: Eng/Pyc

Sponsoring Organization: IMF

Admin Arrangements

Application Deadline: November 09, 2018

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