Connect with IMF Institute

Vulnerability Diagnostics (VDS)

Vulnerability Diagnostics

This course, presented by the Institute for Capacity Development, complements the Macroeconomic Diagnostics (MDS) course by enhancing participants’ ability to assess fiscal, financial, and external vulnerabilities in an integrated fashion, using several diagnostic tools to capture tail risks.

Read More Topic : Inclusive Growth and Structural Policies

    Target Audience

    Officials of all levels in central banks, ministries of finance, and other governmental agencies with macro-fiscal units (e.g., cabinet office, parliament), who monitor and assess country-wide and regional multisectoral vulnerabilities and risks.

    Back to top

    Qualifications

    Participants are expected to have an advanced degree in economics or equivalent experience, a basic background in econometrics, and familiarity with the use of software for econometric applications.

    Back to top

    Course Objectives

    Upon completion of this course, participants should be able to:

    • Assess risks using fiscal, financial, external, and real sectors’ vulnerability indicators.
    • Describe how vulnerabilities can morph into distress, leading to crises as a result of adverse shocks or a flawed policy mix.
    • Use diagnostic tools (including tools currently employed in IMF surveillance), to track multi-sectoral vulnerabilities and predict indicators of tail risks.
    • Adapt diagnostic tools, (organized as templates of country vulnerability reports), to their country data.
    Back to top

    Syllabus

    This advanced course, presented by the IMF Institute for Capacity Development (ICD), complements the Macroeconomic Diagnostics (MDS) course by enhancing participants’ ability to assess fiscal, financial, external, and real vulnerabilities in an integrated fashion using lectures, analytical tools, hands-on workshops, and case studies to measure tail (as opposed to central) risks.
    Back to top

    Upcoming Offering

    Start date End date Location Delivery Method Session No. Primary & (Interpretation) language Apply
    May 19, 2025 May 30, 2025 Vienna, Austria In-person Training JV 25.13 English Apply online by February 9, 2025
    Back to top

    Apply Now - Application deadline approaching:

    IMF offers online training to government officials and the public. Click Learn more to find our current offerings.

    Institutional Sector Accounts (ISA)

    English | December 9-13, 2024 | In-person Training | New Delhi, India

    Apply online by November 5, 2024

    Central Bank Digital Currency - Initial Considerations (CBDC)

    English (Arabic) | January 5-9, 2025 | In-person Training | Kuwait City, Kuwait

    Apply online by November 7, 2024

    Effective Policy Communication Blended

    English (English) | January 20-24, 2025 | Blended Training | Singapore, Singapore

    Apply online by November 8, 2024

    Strengthening Revenue Administration for Gender Equality

    English | December 9-11, 2024 | In-person Training | New Delhi, India

    Apply online by November 9, 2024

    Government Finance Statistics - Advanced (GFS-A)

    English | February 10-21, 2025 | In-person Training | Singapore, Singapore

    Apply online by November 10, 2024