English

Fiscal Sustainability (FS)

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Apply online by April 02, 2018
Course No.: JV 18.20
Location: Vienna, Austria
Date: July 23, 2018-August 3, 2018 (2 Weeks)
Language: English (Russian)

Target Audience:

Junior to senior officials with some intermediate fiscal background who are interested in understanding and applying fiscal sustainability analysis and how it may relate to the country-specific macrofiscal environment.

Qualifications:

Participants are expected to have a degree in economics or equivalent work experience and some familiarity with using spreadsheets. It is highly recommended that applicants first complete all or several modules of the online course on Debt Sustainability

Course Description:

This course, presented by the IMF Institute for Capacity Development, looks at fiscal sustainability as a requirement for macroeconomic stability and sustainable and inclusive long-term growth. It provides a thorough overview of how to assess fiscal sustainability from a policy and tools perspective. It discusses fiscal risks and the early warning indicators used by the IMF and covers debt crises, debt management strategies, contingent liabilities, and long-term fiscal challenges.

Course Objectives:

Upon completion of this course, participants should be able to- Describe why fiscal sustainability is central to macroeconomic stability and sustainable growth.- Apply effective concepts, definitions, and techniques for analyzing fiscal sustainability. - Identify near- and long-term risks and fiscal vulnerabilities.- Analyze crisis and fiscal adjustment cases.- Differentiate various debt sustainability analysis (DSA) frameworks.- Prepare a risk-based public DSA for a country with access to financial markets.

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.