Debt Sustainability Analysis

Debt Sustainability Analysis

This online course, presented by the IMF’s Institute for Capacity Development; Strategy, Policy, and Review Department; Fiscal Affairs Department; Research Department; and Monetary and Capital Markets Department, in collaboration with the World Bank, aims at providing a comprehensive overview of the IMF-World Bank frameworks for debt sustainability analysis and debt management. The course has a modular structure and allows earning a signed certificate for the entire course or auditing one or several modules. The modules include:

• the key concepts of debt sustainability and the role of macroeconomic policies;

• debt sustainability framework for countries with market access;

• debt sustainability framework for low-income countries;

• a Medium-Term Debt Management Strategy (MTDS) framework; and 

• debt sustainability analysis under uncertainty.

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

• Identify different types of debt and the dangers of high debt.

• Describe the key concepts of debt sustainability analysis.

• Prepare a risk-based DSA for a country with access to financial markets.

• Prepare a DSA for a low-income country with concessional debt.

• Discuss the development of strategies for managing debt under the MTDS framework.

• Analyze uncertainty surrounding debt sustainability assessments.


Take the ongoing self-paced online course on debt sustainability and debt management (in English or French) on edX.

Videos

  VIDEOS:


Debt Sustainability Analysis