A very different policy environment where, instead of dissembling before major actions, the whole aim of policy communication is towards having no surprises at all. Perhaps the most extreme example of this is the Federal Reserve pre-commitments of recent months. Let’s think of the two major recent ECB policy surprises: the SMP in May 2010 and the 3-year LTROs in December 2011.
I am happy to note that this course will make an important contribution to improving our understanding on how to collect, compile and analyse international remittances statistics in line with the 6th Edition of IMF’s Balance of Payments Manual (BPM 6) and the IMF International Remittances Guide. This is indeed, in line with IMF’s and MEFMI’s mandate of imparting hands-on skills.