Global Commodity Prices and Inflation Transmission Professional Training Course

Introduction

The Global Commodity Prices and Inflation Transmission Professional Training Course is designed to equip participants with advanced knowledge of how fluctuations in global commodity markets shape inflationary pressures across economies. As commodities such as oil, gas, food, and metals form the backbone of international trade, their price movements have far-reaching consequences on domestic price stability, exchange rates, and fiscal balances. This course explores the transmission mechanisms of commodity-driven inflation and its implications for both advanced and developing economies.

Through an integrated approach combining economic theory, empirical data analysis, and global case studies, participants will develop the tools to assess, forecast, and respond to commodity price shocks. The program highlights how volatility in energy, agriculture, and raw materials influences inflation dynamics, while also addressing the policy frameworks and strategic responses needed to mitigate risks. By the end of the training, participants will be able to evaluate global inflationary spillovers and craft strategies for resilience in an increasingly interconnected world.

Duration: 10 Days

Target Audience:

  • Central bank and treasury officials
  • Commodity market analysts
  • Economic policy advisors and strategists
  • Development finance practitioners
  • Financial sector professionals
  • Academic researchers in international economics

Objectives:

  1. Understand the link between global commodity prices and inflation transmission
  2. Analyze commodity-specific inflationary channels
  3. Explore energy, food, and raw material price shocks
  4. Assess the role of global supply chains in inflation dynamics
  5. Evaluate exchange rate effects on commodity-linked inflation
  6. Study fiscal and monetary policy responses to commodity shocks
  7. Examine case studies of global commodity crises
  8. Develop forecasting and modeling skills
  9. Strengthen strategies for inflation resilience
  10. Gain insights into future commodity-inflation risks

Course Modules:

Module 1: Fundamentals of Commodity Price-Inflation Linkages

  • Definition of commodity-driven inflation
  • Transmission channels to domestic economies
  • Short-term vs. long-term impacts
  • Historical trends in commodity markets
  • Global lessons learned

Module 2: Energy Prices and Inflationary Pressures

  • Oil price shocks and inflation outcomes
  • Gas markets and cost-push inflation
  • Renewable energy transitions
  • Transportation cost dynamics
  • Case studies of energy-driven inflation

Module 3: Food Prices and Inflation Transmission

  • Global agricultural commodity markets
  • Food import dependence and vulnerability
  • Climate shocks and food inflation
  • Price pass-through to consumers
  • Case studies of food crises

Module 4: Metals and Industrial Raw Materials

  • Global demand for metals
  • Price cycles in industrial commodities
  • Raw material shortages
  • Construction and manufacturing costs
  • Inflationary effects on industries

Module 5: Exchange Rates and Commodity-Driven Inflation

  • Exchange rate pass-through to prices
  • Currency depreciation and import inflation
  • Role of dollar-denominated commodities
  • Competitive devaluations
  • Comparative country experiences

Module 6: Global Supply Chains and Inflation Dynamics

  • Disruptions in global logistics
  • Role of shipping costs in inflation
  • Re-shoring and supply resilience
  • Cross-border inflation spillovers
  • Case studies of supply chain shocks

Module 7: Fiscal Policy and Commodity-Linked Inflation

  • Government subsidies and price stabilization
  • Taxation of commodities
  • Fiscal deficits and inflationary risks
  • Social protection measures
  • Policy trade-offs

Module 8: Monetary Policy in Commodity Price Shocks

  • Inflation targeting under commodity volatility
  • Interest rate adjustments
  • Liquidity management strategies
  • Central bank credibility challenges
  • Case studies of monetary responses

Module 9: Global Commodity Crises Case Studies

  • 1970s oil crisis
  • 2008 global food and fuel crisis
  • Post-pandemic commodity shocks
  • Regional case study comparisons
  • Lessons for inflation management

Module 10: Emerging Market Perspectives

  • Commodity dependence and inflation vulnerability
  • Exchange rate mismatches
  • Policy credibility issues
  • Inflation resilience strategies
  • Regional examples

Module 11: Advanced Economy Perspectives

  • Commodity price shocks in developed markets
  • Demand-driven vs. supply-driven inflation
  • Wage-price spirals
  • Role of financial markets
  • Structural adjustments

Module 12: Inflation Forecasting and Modeling Techniques

  • Econometric modeling of commodity inflation
  • Forecasting frameworks
  • Stress testing and scenario analysis
  • Policy simulations
  • Case study applications

Module 13: Political Economy of Commodity-Driven Inflation

  • Public perceptions and political responses
  • Inflation expectations management
  • Role of populist pressures
  • Policy credibility challenges
  • Governance considerations

Module 14: International Cooperation in Managing Commodity Shocks

  • Global financial institutions’ role
  • Regional trade and monetary unions
  • Multilateral stabilization mechanisms
  • Global food and energy security initiatives
  • Lessons from coordinated responses

CERTIFICATION

  • Upon successful completion of this training, participants will be issued with Macskills Training and Development Institute Certificate

TRAINING VENUE

  • Training will be held at Macskills Training Centre. We also tailor make the training upon request at different locations across the world.

AIRPORT PICK UP AND ACCOMMODATION

  • Airport Pick Up is provided by the institute. Accommodation is arranged upon request

TERMS OF PAYMENT

Payment should be made to Macskills Development Institute bank account before the start of the training and receipts sent to info@macskillsdevelopment.comFor More Details call: +254-114-087-180

 

 

 

 

Global Commodity Prices And Inflation Transmission Professional Training Course in Ireland
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