Macroeconomic Frameworks
We train government officials so they improve their ability to analyze economic developments; develop diagnostic, forecasting and modeling tools; and formulate and implement sound macroeconomic and financial policies. This helps deepen the dialogue with countries on policy and programmatic issues and facilitates sharing of policy experiences through peer-to-peer learning.
For instance:
The Financial Programming and Policies (FPP) course covers the principal features of the main macroeconomic sectors of the economy and the linkages between them, and teaches participants how to diagnose macroeconomic imbalances and design adjustment policies. Since the online launch of the FPP course in 2013, more than 3,100 government officials have completed the training in English, French, Russian and Spanish.
In 2017, the RBI revamped its external curriculum to better integrate with countries' need and the RBI’s core work. The new program is linked to well-defined learning objectives and hands-on policy analysis, and provides greater emphasis on lessons learned from global crises and economic developments (e.g. linkages and spillovers, global imbalances, and policy coordination).
Macroeconomic frameworks training provided by the RBI includes courses in the following areas:
• Financial Sector Policies
• Fiscal Policy
• General Macroeconomic Analysis
• Monetary, Exchange Rate and Capital Accounts Policies
• Special Topics (Inclusive Growth, Vulnerability Diagnostics, etc.)
• Macroeconomic Statistics
• Safeguard Assessments
• Specialized Fiscal Courses
• Legal Issues
• Country-specific Customized Trainings
