Managing Capital Flows: Macroeconomic Analysis and Policies

Class Description

Course Objective

Expose participants’ to the changing aspects of capital flows and their effects on economic growth, macroeconomic volatility, and crisis risk. The course discusses the policy required to realize the benefits of capital market integration while minimizing and mitigating its adverse effects. 

Course Content

• Balance of payments statistics
• Alternative measures of capital flows and financial account openness
• Policy options for reaping the benefits of capital market integration
• Determinants of capital flows
• link between capital flows and economic growth, macroeconomic volatility, and crisis risk
• Capital account management tools
• Financial regulation and exchange rate intervention
• Policy setting and failures and mitigation of the failures

Target Group

Middle and senior level staff in Central Banks who advise on macroeconomic and financial policies and policy implementation.

Venue
Nairobi