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JVI Newsletter ▪ February 2022    

Dear Friends of the JVI,

We hope that this first newsletter of 2022 finds you well. In this edition, you will find reports on two courses recently delivered at the JVI: the IMF’s course on Macroeconomic Management in Resource Rich Countries and the OeNB’s course on Stability and Supervisory Stress Testing for Banking Systems. We have also just launched our flagship Applied Economic Policy course, which is substantially redesigned and will combine first virtual and online training, and hopefully later this year in-person training in Vienna. Recent webinars have covered Global and European Financial Stability Risks, Managing Nonperforming Loans, Monetary Policy Challenges during the Pandemic, and Firm Recovery and Covid-19: Productivity, Competition, and the Digital Divide. This newsletter also reports on a recent IMF paper dealing with Forecasting and Policy Analysis Systems, to which JVI staff contributed. Last but not least, please read about Markus Eller, who has just joined the JVI faculty.

As you know, our course schedule for 2022 is available. Don’t hesitate to spread the word! 

If you have any questions, comments, or feedback of any kind, please write us a note at jvi@jvi.org. Many thanks to Rilind Kabashi, our Editor, Nensi Dragusha, and all the contributors to this Newsletter. 

Hervé Joly, Director, Joint Vienna Institute

JVI Webinar: Countercyclical Properties of Fiscal Rules
The Covid-19 pandemic has brought about a more active role for fiscal policies in stabilizing the economy. The size of fiscal policy support has been extraordinarily large by historical standards, also in the JVI region. To implement such a large-scale fiscal stimulus during an...
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JVI Webinar: Modelling Trade Policy Scenarios: Macroeconomic and Trade Effects of Restrictions in Cross Border Labour Mobility
COVID-19 has drawn renewed attention to the economic importance of cross border mobility. Frictions in cross border mobility of labour can substantially impact the economy and international trade, by causing a long-term decrease in net migration that would alter the labour...
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Revival of the Applied Economic Policy course
Following a hiatus of two years due to the pandemic, the Joint Vienna Institute, in collaboration with its partners, is relaunching the  Applied Economic Policy (AEP) course.  The AEP has been an emblematic course in the JVI’s 30 years of existence. It will continue...
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Virtual Course on Macroeconomic Management in Resource-Rich Countries
From November 29 to December 10, 2021, an IMF virtual course on Macroeconomic Management in Resource-Rich Countries (MRC) was delivered at the JVI. As usual, the course attracted strong interest from officials in commodity-exporting countries in the JVI region. Twelve...
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Financial Stability and Supervisory Stress Testing for Banking Systems
Stress testing has become a key tool for assessing the potential impact of key financial stability risks and is widely used by central banks and banking supervisors throughout the JVI region.  From January 24-28, 2022, the Oesterreichische Nationalbank (OeNB), with input...
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New Staff Member: Markus Eller
Markus Eller joined the JVI as a Senior Economist in February 2022, after previously being Principal Economist in the Oesterreichische Nationalbank (OeNB, the central bank of the Republic of Austria) where he is currently on leave. In this role he published on issues related to...
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Monetary Policy Implementation - Virtual

Macroeconomic Diagnostics

Fintech and Financial Stability - Virtual

Social Insurance, Taxation, and Employment - Virtual

Legal Frameworks for Banking Supervision and Resolution: Key Themes and Emerging Legal Developments - Virtual

Legal Aspects of International Financial Institutions - Virtual

Tax Administration Diagnostic Assessment Tool

Full schedule 2022


IMF Departmental Paper on the efficient design of monetary policy forecasting and policy analysis systems

Firm Recovery and Covid-19: Productivity, Competition and the Digital Divide

ADB / ECB / JVI Webinar and Book Launch: Nonperforming Loans in Asia and Europe—Causes, Impacts, and Resolution Strategies

Panel Discussion on the Monetary Policy Challenges during the Pandemic in the JVI region

Global and European Financial Stability Risks

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