Taking Stock of IMF Capacity Development on Monetary Policy Forecasting and Policy Analysis Systems /

This paper takes stock of forecasting and policy analysis system capacity development (FPAS CD), drawing extensively on the experience and lessons learned from developing FPAS capacity in the central banks. By sharing the insights gained during FPAS CD delivery and outlining the typical tools develo...

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Bibliographic Details
Main Author: Maehle, Nils
Other Authors: Hledik, Tibor, Pranovich, Mikhail, Selander, Carina
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2021.
Series:Departmental Papers; Departmental Paper ; No 2021/026
Subjects:
Online Access:Full text available on IMF
Description
Summary:This paper takes stock of forecasting and policy analysis system capacity development (FPAS CD), drawing extensively on the experience and lessons learned from developing FPAS capacity in the central banks. By sharing the insights gained during FPAS CD delivery and outlining the typical tools developed in the process, the paper aims to facilitate the understanding of FPAS CD within the IMF and to inform future CD on building macroeconomic frameworks. As such, the paper offers a qualitative assessment of the experience with FPAS CD delivery and the use of FPAS in the decision-making process in central banks.
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Physical Description:1 online resource (67 pages)
Format:Mode of access: Internet
ISSN:2616-5333
Access:Electronic access restricted to authorized BRAC University faculty, staff and students