• Length:
    6 Weeks
  • Effort:
    6–8 hours per week
  • Price:

    FREE
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  • Institution
  • Subject:
  • Level:
    Intermediate
  • Language:
    English
  • Video Transcript:
    English

Prerequisites

Some knowledge of macroeconomics is desirable. Some exercises require using Excel.

About this course

Skip About this course

What causes a country’s debt to become unsustainable? How do we assess debt sustainability of public and external debt? How can countries manage their debt portfolio?

This online course aims to provide a comprehensive overview of debt sustainability analysis (DSA) and a medium-term debt management strategy framework adopted by the IMF and the World Bank.

Specifically, the course will: (i) introduce the main principles of debt sustainability; (ii) cover recently updated DSA frameworks — both for advanced and emerging markets and for low-income countries — with an emphasis on country data; (iii) present a medium-term debt management strategy (MTDS) framework; and (iv) illustrate debt sustainability analysis under uncertainty.

Whether you have a professional interest in debt sustainability or debt management or you are simply curious about these issues, we hope that you will join us in this in-depth study of one of the most critical and current issues in economic policy today!

Debt Sustainability Analysis is offered by the IMF with financial support from the Debt Management Facility (DMF).

The IMF’s online learning program receives financial support from the Government of Japan.

What you'll learn

Skip What you'll learn
  • Macroeconomic variables that impact a country's debt
  • Definitions of debt sustainability
  • How to develop a debt management strategy
  • About debt sustainability under uncertainty

Meet your instructors

Irina Yakadina
Senior Economist, African Division, Institute for Capacity Development
The International Monetary Fund
Adina Popescu
Economist at the Strategy, Policy and Review Department
The International Monetary Fund
Machiko Narita
Economist in the Monetary and Capital Market Department
The International Monetary Fund
Maria Oliva
Deputy Chief, Technical Assistance Division, Monetary and Capital Markets Department
The International Monetary Fund

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