Growth Policy Design (INS-CRS)

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Deadline for the application has passed.
Course No.: IT 18.12
Location: Washington, D.C., United States
Date: July 23, 2018-July 25, 2018 (3 Days)
Language: English

Target Audience:

Officials, primarily in ministries of finance, economy, and planning, or in central banks.


It is required that candidates have an advanced degree in economics, strong analytical skills, and a very good knowledge of English. Courses will be conducted in English with no interpretation.

Course Description:

Professor Philippe Aghion (College de France and London School of Economics)

This course will use new growth theory and recent empirical analyses to think about growth policy design. Particular emphasis will be put on the following issues and debates: (i) the transition from stagnation to growth and the debate on secular stagnation; (ii) the interplay between product market competition, patent policy, and industrial policy; (iii) the role and governance of education, universities, and research activities; (iv) the interplay between innovation-led growth, inequality, and social mobility; (v) environmental policy and the energy transition; and (vi) the interplay between macroeconomic policy (fiscal and monetary) and structural reforms. The course will conclude by drawing implications for the debate on the role of the State in the growth process.

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.