Friday, March 4, 2016

125. Useful stuff

Purpose This course is designed to provide executive-level training for officials from developing economies who deal with macroeconomic policy in their work. It provides critical training in economic analysis of the complex, integrated world economy. Background In today’s highly integrated world, the need to understand complex economic issues and translate them into appropriate and relevant policies becomes more demanding. This calls for government leaders and policy makers who can think critically, formulate policies strategically, and implement decisions responsibly. In particular, today’s Asian leaders especially from newly developed and less developed countries, must be equipped with decision-making skills to be able to respond quickly to unexpected shocks in the short run, effectively manage the economy in the middle run, and apply proper development strategies in the long run. In the face of these challenges, both solid academic training, particularly in economics, and a strong grounding in policy making, are essential. In response, the Asian Development Bank Institute (ADBI) and the Faculty of Economics, Keio University, launched a novel type of executive training program based on rigorous academic economics. As a unique combination of a highly regarded government think tank in Asia and a renowned academic university, ADBI and Keio University will offer a one-week intensive high-level course, exclusive to highly qualified officials and executives from central banks, finance ministries and regulatory agencies of developing Asian countries. The program helps participants obtain critical knowledge in economics and master the new skills they need to excel in this highly integrated global economy. Upon the completion of all the requirements, a certificate signed by the President of Keio University will be granted. For the current intake, the program focuses on contemporary macroeconomic policies in the globalizing world and consists of lectures on: Monetary policy Fiscal policy Capital market and financial sector issues SME finance and policies Economic growth The link with economic integration in the real economy. Based on these topics, a rigorous theoretical and empirical framework must be digested and developed to meet the current conditions after the global financial crisis where both vigorous economic activities and enhanced uncertainty exist. Rather than being afraid of openness, countries and economies should properly cope with globalizing forces in order to achieve sustained economic growth and a step up on the development ladder. Objectives To provide participants with the most contemporary and cutting edge understanding of macroeconomics To stimulate networking between the participants as a means of promoting cross-border collaboration Participants 15 high-level officials from ADB member countries. Participants come from important posts in finance ministries, central banks, and other related institutions. 10 private sector participants. Participant responsibilities To actively participate in discussions, share views and experiences, engage in networking, and collaborate on strategizing new approaches and understandings. Output Deepen the understanding of contemporary macroeconomics. Create a network of colleagues from different countries to share ideas on the topic. Group work and discussions Presentation materials and summary of proceedings to be uploaded on ADBI website. How to register By invitation only. Language English Partners Keio University

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