Central Bank Digital Currencies: Principles and Policy Considerations (CBDC)
This course, presented by the Institute for Capacity Development, is designed to give participants a foundation in central bank digital currencies. This course assesses the business case for CBDC adoption from the perspective of users and central banks. Following some motivations and introductory remarks on digitalization, the course discusses the different forms of CBDCs and presents considerations for CBDC design and a conceptual framework. The course presents the benefits, costs and risks related to CBDCs. In addition, CBDCs are studied in terms of their implications for financial stability and bank intermediation, the monetary policy transmission, and financial inclusion. Some time is devoted to regulatory considerations, both at the national and international level. Case studies ...
Target Audience
Mid-level to senior officials in central banks and other government agencies dealing with regulation of the financial sector.
Qualifications
Participants are expected to have an advanced degree in economics or finance or equivalent work experience.
Course Objectives
Upon completion of this course, participants should be able to:
- Explain the economic rationale for the use of CBDCs compared to other payment instruments.
- Use the framework presented in the course to think about the design and implementation of CBDCs.
- Use the concepts introduced in the course to assess the benefits and costs of CBDCs.
- Identify threats to financial stability and various risks based on country case studies.
- Extract lessons from country pilots to try to prevent design pitfalls.
Upcoming Offering
| Start date | End date | Location | Delivery Method | Session No. | Primary & (Interpretation) language | Apply |
|---|---|---|---|---|---|---|
| July 21, 2025 | July 25, 2025 | Vienna, Austria | In-person Training | JV 25.21 | English | Apply online by April 20, 2025 |
| November 3, 2025 | November 6, 2025 | Rabbat, Morocco | In-person Training | CE 25.34 | English | Apply online by September 26, 2025 |
| January 18, 2026 | January 22, 2026 | Kuwait City, Kuwait | In-person Training | CE 26.04 | English | Apply online by December 5, 2025 |
Peer Learning Course on CFT
English (Arabic) | May 4-8, 2025 | In-person Training | Kuwait City, Kuwait
Apply online by April 17, 2025
Balance of Payments and International Investment Position Statistics - Intermediate (BPIIPS-M)
English (Arabic) | June 15-26, 2025 | In-person Training | Kuwait City, Kuwait
Apply online by April 17, 2025
Central Bank Digital Currencies: Principles and Policy Considerations (CBDC)
English | July 21-25, 2025 | In-person Training | Vienna, Austria
Apply online by April 20, 2025
IFRS 9 A Supervisory Perspective
English (Arabic) | June 16-19, 2025 | In-person Training | Kuwait City, Kuwait
Apply online by April 20, 2025
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English | July 7-18, 2025 | Blended Training | Vienna, Austria
Apply online by April 20, 2025