Vulnerability Diagnostics (VDS)

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Deadline for the application has passed.
Course No.: CE 17.28
Location: Muscat, Oman
Date: December 3, 2017-December 14, 2017 (2 Weeks)
Language: English

Target Audience:

Officials of all levels in central banks and ministries of finance, involved in monitoring and assessing vulnerabilities and risks at the country and regional levels.


Participants are expected to have an advanced degree in economics or equivalent experience, a basic background in econometrics, and familiarity with the use of software for econometric applications.

Course Description:

This course, presented by the IMF's Institute for Capacity Development, complements the Macroeconomic Diagnostics (MDS) course by strengthening participants' ability to assess fiscal, financial, and external vulnerabilities in an integrated fashion through the use of several diagnostics tools aimed at capturing tail risks.

Course Objectives:
Upon completion of this course, participants should be able to: - Identify appropriate measures of fiscal, financial, and external vulnerabilities. - Describe how vulnerabilities can arise as a result of adverse shocks and/or flawed policies, and how these vulnerabilities can morph into crises.- Implement a set of diagnostic tools to track measures of vulnerabilities and predict indicators of tail risks, including selected tools currently employed in IMF surveillance.- Adapt selected diagnostics tools to their country data and circumstances organized as templates of country vulnerability reports.

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.