IMF to run Debt Sustainability Analysis (DSA) course on EDX.org

The IMF is to run a five-week course on Debt Sustainability Analysis (DSA) on the immensely popular edX learning platform from 22 October 2014. Although debt management courses have been offered online for some time now, these have been mainly from specialist providers such as UNITAR. The DSA course can therefore be considered a first and a very positive development in debt management training.

Founded by the Massachusetts Institute of Technology and Harvard University in May 2012, edX is what is referred to as a Massive Open Online Course (MOOC) provider and online learning platform. It hosts online university-level courses in a wide range of disciplines to a worldwide audience at no charge. Unlike other MOOC platforms, edX is non-profit and runs on an open-source software. According to Wikipedia, there are currently 56 schools, non-profits, corporations and international organizations that offer or plan to offer courses on the edX website. As of 22 July 2014, edX had more than 2.5 million users taking over 240 courses online – from biology to economics, finance, math, medicine, humanities, law, literature music, statistics and more.

According to the course organisers, the five-week online course aims to provide a comprehensive overview of the debt sustainability analysis (DSA) and medium-term debt management strategy (MTDS) framework adopted by the IMF and the World Bank. Specifically, the course will: (i) introduce the main principles of debt sustainability; (ii) cover recently updated DSA frameworks-both for advanced and emerging markets and for low-income countries-with an emphasis on country data; (iii) present the MTDS framework; and (iv) illustrate debt sustainability analysis under uncertainty.

Earlier this year, The IMF also offered its popular Financial Programming and Policies course on the same platform.

To register, visit the DSA course homepage.