Debt Sustainability Analysis, Fiscal Frameworks, and Financial Crises

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About Course

Course Overview:
This training course delves into the key concepts of debt sustainability analysis (DSA), fiscal
frameworks, and the dynamics of financial crises. Participants will explore how governments and
institutions assess the sustainability of public debt, develop robust fiscal frameworks, and manage the
risks associated with financial crises. The course provides both theoretical foundations and practical
tools to evaluate fiscal health, implement policies for sustainable debt management, and respond to
crises effectively.
Through a combination of lectures, case studies, and simulations, this course will equip participants
with the skills required to assess and address fiscal vulnerabilities in both developed and emerging
economies. Special emphasis will be placed on the role of international financial institutions, fiscal
policies, and macroeconomic conditions in shaping debt sustainability.
Target Group:
 Policymakers: Government officials, particularly from ministries of finance, planning, and
economic affairs.
 Regulators andSupervisors: Individuals working in central banks, national regulatory bodies,
and financial supervisory institutions.
 EconomistsandAnalysts: Professionals in government agencies, international organizations,
and financial institutions specializing in economic analysis and public finance.
 Financial Institutions: Risk managers, portfolio managers, and analysts in banks, investment
firms, and insurance companies.
 Consultantsand Advisers: Experts advising on fiscal policy, debt management, and crisis
response strategies.
 AcademicsandResearchers: Scholars and students specializing in macroeconomics, public
finance, and global economic systems

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What Will You Learn?

  • By the end of the course, participants will:
  • 1. Understand the principles and tools used in debt sustainability analysis (DSA).
  • 2. Develop and evaluate fiscal frameworks for managing public debt sustainably.
  • 3. Identify the causes and consequences of financial crises and their impact on fiscal policy.
  • 4. Analyze real-world case studies to assess debt sustainability in various economic contexts.
  • 5. Develop strategies for managing sovereign debt, including debt issuance, restructuring, and
  • risk management.
  • 6. Gain practical experience through crisis simulations, preparing to handle fiscal and debt
  • challenges in their respective roles.
  • Duration:
  •  Total Duration: 5 days (40 hours)
  •  Daily Sessions: 8 hours, including lectures, discussions, workshops, and simulations

Course Content

Module 1: Introduction to Debt Sustainability Analysis (DSA)

  • What is Debt Sustainability?
  • Key Indicators of Debt Sustainability
  • Assessing Debt Sustainability

Module 2: Fiscal Frameworks for Sustainable Debt Management

Module 3: Debt Management Strategies

Module 4: Financial Crises: Causes, Consequences, and Management

Module 5: Evaluating Debt Sustainability and Fiscal Risks

Module 6: Institutional Roles and International Cooperation in Debt Management

Module 7: Financial Crisis Simulation and Policy Application

Module 8: Conclusion and Policy Takeaways