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CEF Annual report 2021

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38 <strong>CEF</strong> BUSINESS REPORT <strong>2021</strong><br />

LEARNING PROGRAM 39<br />

In <strong>2021</strong>, we designed and implemented a series of<br />

learning activities in the area of assessment of countries’<br />

economic impact of structural reforms. It was<br />

targeted at line ministries and ministries of finance, with participants<br />

coming also from other institutions in the EU candidate<br />

countries and potential candidates. We started with a regional<br />

workshop, focusing more on real-life approach examples that<br />

can be taken in light of the various type of reforms, policy areas<br />

and data availability. For this, we implemented country-specific<br />

workshops where participants were encouraged to make qualitative<br />

and quantitative impact estimations of structural reforms<br />

introduced in their countries’ ERPs, supported by a discussion<br />

with an expert.<br />

A very important aspect of DAP is also integrating social learning<br />

principles into our activities. At the event Macroeconomic<br />

Modeling For Open Economies 1, we complemented the training<br />

focused on building the technical skills, required to develop a dynamic<br />

stochastic general equilibrium (DSGE) model of an economy,<br />

with a knowledge-sharing consultations session. Participants<br />

presented their ongoing work in DSGE modeling and consulted<br />

with the expert and other participants on a concrete challenge.<br />

This way, we acknowledge participants as experts and provide<br />

them with the platform to learn from each other’s experiences.”<br />

Data and<br />

Analysis<br />

for Designing<br />

Policies<br />

One of the objectives of the<br />

Data and Analysis for Designing<br />

Policies (DAP) learning program<br />

is to promote the importance<br />

of an evidence-informed<br />

approach to policymaking.<br />

It is a cross-cutting thematic<br />

area, addressing finance<br />

officials across all public<br />

institutions dealing with the<br />

compilation and dissemination<br />

of macroeconomic statistics,<br />

or carrying out macro/<br />

microeconomic analysis and<br />

forecasting.<br />

EVENTS<br />

Macroeconomic Modeling for<br />

Open Economies 1<br />

Structural Reforms and<br />

Assessment of Their Economic<br />

Impact<br />

Beyond Fiscal Implications of<br />

Structural Reforms*<br />

Translation of Financial<br />

Statements into Statistics<br />

Economic Analysis and<br />

Forecasting with Micro-Data<br />

* Six events organized for Albania, Bosnia<br />

and Herzegovina, Kosovo, Montenegro and<br />

Serbia, North Macedonia and Turkey<br />

PROGRAM DONORS<br />

• Banka Slovenije<br />

• EU<br />

• Ministry of Finance, Slovenia<br />

OTHER PROGRAM<br />

PARTNERS<br />

• Banque de France<br />

• European Central Bank<br />

• Eurostat<br />

• IMF<br />

• Institute of Macroeconomic<br />

Analysis and Development,<br />

Slovenia<br />

• National Bank of Moldova<br />

Nina Agić<br />

Senior Program Officer and thematic area lead<br />

<strong>CEF</strong>

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