Thinking through Central Bank Digital Currency (TCBDC)
This course, presented by the Monetary and Capital Markets Department, focuses on the decision-making framework and project management processes for CBDC. The course is designed to be interactive by using a combination of lectures, case studies/simulations, group or individual presentations, and panel discussions. Lectures focus on the CBDC decision-making process that should be viewed as dynamic and iterative with multiple feedback loops to gradually evaluate the relevance of CBDC. The self-assessment exercises are based on systematic procedures and cover use cases, pain points, requirements, solution, feasibility, proof of concepts, and pilots. Participants, after gaining a basic understanding of the decision-making process, apply them to a hypothetical country case study to understand thoroughly the problem to be solved and the full array of solutions. After the hands-on self-assessment experience, results are discussed through group presentations and de-briefings.
Target Audience
Mid- to senior-level officials working in the payment, legal, technology, monetary policy, and financial stability departments at the central bank and in positions with similar responsibilities.
Qualifications
Participants should have experience in operations, policy, and/or oversight in one or more of the following areas: payments, legal, technology, monetary policy, and financial stability.
Course Objectives
Upon completion of this course, participants should be able to:
- Understand global developments and trends of both wholesale and retail CBDC.
- Evaluate the benefits, costs, risks, and requirements.
- Understand CBDC’s macro-financial implications, such as for monetary policy and financial stability.
- Formulate a framework for guiding CBDC design and experimentation.
- Explore the regulatory and legal changes/framework on CBDC.
Nowcasting (NWC)
English (French, Portuguese) | September 16-27, 2024 | In-person Training | Ebene, Mauritius
Apply online by August 16, 2024
Fintech Market Development and Policy Implications (FINTECH)
English (French) | October 14-18, 2024 | In-person Training | Ebene, Mauritius
Apply online by August 16, 2024
Macro-Stress Testing (MST)
English | November 25-29, 2024 | In-person Training | Singapore, Singapore
Apply online by August 16, 2024
Sovereign Risk and Debt Sustainability Framework for Market Access Countries (SRDSF-MAC)
English | October 14-18, 2024 | In-person Training | Singapore, Singapore
Apply online by August 18, 2024
Exchange Rate Policy (ERP)
English | October 27, 2024 - November 7, 2024 | In-person Training | Kuwait City, Kuwait
Apply online by August 18, 2024