Economic Issues in Regional Integration (ERI)

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Deadline for the application has passed.
Course No.: AT 18.06
Location: Ebene, Mauritius
Date: June 4, 2018-June 15, 2018 (2 Weeks)
Language: English (French)

Target Audience:

Mid-level to senior officials in central banks, ministries of finance, and other interested ministries and agencies in countries that are part of a regional integration arrangement or are exploring or planning organization of such an arrangement. Staff from intergovernmental or supranational regional organizations are also invited.


Participants should have an advanced degree in economics or equivalent experience and be proficient in the use of spreadsheets.

Course Description:

The main objective of this course, presented by the IMF Institute for Capacity Development is to broaden participants’ understanding of economic, monetary, and financial integration. Drawing on theory and on case studies from experiences in several regions, the course covers requirements for economic and monetary integration; trade, financial, and monetary integration; costs and benefits of the integration process; and political economy aspects of integration.

Workshops are designed to deepen participants’ knowledge of specific issues that may emerge in economic and monetary integration. Participants use case studies with country data to make assessments and are required to deliver their conclusions in short presentations.

Course Objectives:

Upon completion of this course, participants should be able to:

  • Describe the various types of regional integration and cooperation and the dynamics of the integration process.
  • Initiate an analysis of the costs and benefits for their countries of various integration schemes.
  • Assess the degrees of convergence in various macroeconomic variables in the run-up to deeper integration, and the degree of convergence afterward.
  • Summarize economic and political arguments regarding integration that may affect their own country.

Important Note for Online Courses:

For Online Learning (OL) courses, which are delivered through the edX platform, you will need an additional piece of information to register: you will be prompted for your edX.org username. If you do not already have a username, please go to https://courses.edx.org/register and sign up for a free account. Once you have created an account, you may complete the IMF Institute application. If you already have an edX account, your username can be found on the top right of the screen after logging in.

Important Note for Internal Economics Training Courses:

Internal Economics Training (IT) courses are self-financed. The IMF will not charge officials for attending courses. However, all travel, insurance, hotel, and living costs will need to be covered by the agency sponsoring the participants.