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Public Debt and Investment Analysis

Learn to analyze public investment, growth, and debt dynamics using IMF's DIG and DIGNAR models for effective policy making.

Learn to analyze public investment, growth, and debt dynamics using IMF's DIG and DIGNAR models for effective policy making.

This specialized course from IMF explores the relationship between public investment, economic growth, and debt dynamics using two dynamic structural models: DIG (Debt, Investment, and Growth) and DIGNAR (Debt, Investment, Growth and Natural Resources). The program covers key aspects of these widely-accepted models, including investment-growth relationships, fiscal adjustments, and private sector responses. Participants learn to assess macroeconomic effects of public investment plans and understand factors like fiscal financing, public capital returns, and investment efficiency. The course demonstrates practical applications through real-world policy scenarios and IMF case studies.

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Public Debt and Investment Analysis

This course includes

1 Week

Of Self-paced video lessons

Beginner Level

Completion Certificate

awarded on course completion

2,130

Audit For Free

What you'll learn

  • Master dynamic macroeconomic models for analyzing public investment and growth

  • Understand key components of DIG and DIGNAR modeling frameworks

  • Analyze macroeconomic effects of public investment initiatives

  • Evaluate policy responses and financing strategies for investment programs

Skills you'll gain

Economic Modeling
Public Investment
Debt Analysis
Fiscal Policy
Growth Analysis
Policy Development
Structural Analysis
Macroeconomics

This course includes:

PreRecorded video

Graded assignments, exams

Access on Mobile, Tablet, Desktop

Limited Access access

Shareable certificate

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Module Description

The course provides comprehensive coverage of dynamic macroeconomic modeling for public investment analysis. Topics include understanding DIG and DIGNAR models, analyzing public investment scale-ups, assessing growth and debt dynamics, evaluating policy responses, and interpreting scenario analyses. The curriculum combines theoretical frameworks with practical applications through IMF case studies and policy documents.

Fee Structure

Instructors

Distinguished Economist Specializing in Climate Policy and Macroeconomic Development

Giovanni Melina is currently serving as Deputy Division Chief of the Structural and Climate Policy division at the IMF's Research Department, advancing from his previous roles as Senior Economist in the African Department and Economist in the Research Department. His career spans both academia and international finance, including positions as Associate Professor at City University London and Research Fellow at the University of Surrey. With a PhD in Economics from Birkbeck, University of London, Melina has established himself as a leading voice in macroeconomic policy research, particularly focusing on fiscal and monetary policies, climate economics, and structural issues. His research portfolio includes significant contributions to understanding disaster-prone economies, green investments, and macroeconomic stabilization policies. His work has been widely published in prestigious journals, with notable papers on building resilience to natural disasters, fiscal policy effectiveness, and climate change adaptation. Melina's expertise extends to developing the IMF's analytical frameworks, including the DIGNAR model for debt sustainability analysis, and he has provided technical assistance to numerous countries across Africa, Asia, and Latin America. As a CESifo Research Network Fellow and multilingual expert fluent in English, Italian, and Spanish, he continues to shape global economic policy discussions, particularly at the intersection of climate change and macroeconomic development.

Felipe Zanna
Felipe Zanna

1 Course

Distinguished Macroeconomist and Policy Design Expert

Luis-Felipe Zanna serves as Deputy Division Chief in the Institute for Capacity Development at the International Monetary Fund, where he has established himself as a leading expert in macroeconomic policy and development economics. After earning his PhD in Economics from the University of Pennsylvania and degrees from Universidad de Los Andes, he built an impressive career spanning research and policy roles at the IMF and U.S. Federal Reserve Board since 2006. His research impact is evidenced through over 1,600 citations of his work on topics including public investment, debt sustainability, monetary policy rules, and aid management. As co-developer of the IMF's framework for analyzing aid surges in developing countries, he has significantly influenced how the institution approaches macroeconomic assessments of resource flows. Through his current role and research on automation, structural transformation, and fiscal policy rules, he continues to shape understanding of development economics while maintaining active engagement in capacity development through initiatives like the IMF's online course on Public Debt, Investment, and Growth.

Public Debt and Investment Analysis

This course includes

1 Week

Of Self-paced video lessons

Beginner Level

Completion Certificate

awarded on course completion

2,130

Audit For Free

Testimonials

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Frequently asked questions

Below are some of the most commonly asked questions about this course. We aim to provide clear and concise answers to help you better understand the course content, structure, and any other relevant information. If you have any additional questions or if your question is not listed here, please don't hesitate to reach out to our support team for further assistance.