We're thrilled to announce the successful completion of the third module, “Applied SFC Modelling”, of MAJIG Training of Trainers. 

This milestone brought together the researchers and teachers from the Bolivian and Colombian partner Institutions, who had previously taken part in the first and second module provided by Professor Marco Missaglia and Professor Michalis Nikiforos from University of Pavia.

The training took place in Bogotá, Colombia, and La Paz, Bolivia, from February 12, 2024 to February 23, 2024. 

In Colombia, the team received a warm welcome from Universidad Nacional de Colombia and Universidad de La Salle, while Universidad Mayor de San Andres kindly hosted the Bolivian team.

Participants had the opportunity to collaborate with Professor Gennaro Zezza from the University of Cassino and Southern Lazio and, under his guidance, they both went through all the key steps to build an applied Stock Flow Consistent (SFC) model for a whole country, starting from the available time-series data.

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In November 2023, while in Bogotà for the first module of MAJIG "Training of trainers", the consortium  organised a visit to the Colombian General Vice Minister of Finance and Public Credit, Mr. Diego Alejandro Guevara Castañeda.

Professor Marco Missaglia (Project Coordinator) and the representatives from the Colombian Partners Institutions joined the roundtable, presenting the Project and bringing out MAJIG intent to boost employability and response to developmental challenges.

Indeed, with economic modelling and forecasting being increasingly requested for sustainable development and policy making, MAJIG intends to respond to the necessity to shape a figure able to address today’s policy and market needs promptly. Thus the Project will be pivotal for the effective upskilling and reskilling of competences.

It was a profound and stimulating moment of discussion, concluded with the General Vice Minister expressing great interest and appreciation for MAJIG objectives and expected results.

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The second module of the "Training of trainers" has been completed!

Professor Michalis Nikiforos from the University of Pavia reached the Latin American partners in Bogotà from December 11, 2023 to December 15, 2023.

The Bolivian and Colombian researchers and teachers, who had previously taken part in the first module of the "Training of trainers", joined Professor Michalis Nikiforos to spend an intensive training week learning about the basics of Stock-Flow Consistent models.

During the lectures, different theoretical SFC models (from the “smallest” to the “largest”) have been built together with the participants and the specific data requirement for each model has been presented and discussed. 

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The MAJIG team has embarked on the journey towards the creation of five Stock-Flow Consistent  (SFC) models aimed at designing and simulating macroeconomic policies for sustainable development.

The Colombian and Bolivian partners welcomed the Project Coordinator - Professor Marco Missaglia - in Bogotà (Colombia) and La Paz (Bolivia) from November 20, 2023 to December 1, 2023 to provide two intensive weeks of training on the main theoretical notions and theoretical debates that lie in the back of SFC models.

Colombian and Bolivian teachers and researchers, previously selected by the Latin American partner universities, were gathered in a stimulating academic environment and involved in workshop sessions, practical, open-ended activities aimed at applying the above-mentioned notions and models to specific Latin American macroeconomic issues. 

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The External Evaluator will be in charge of the quality review of the project’s outcomes, in terms of: achievement of objectives and results, impact, coherence, involvement of external stakeholders. S/he will analyze and interpret data about the project in order to identify strengths and weaknesses especially in relation to the quantifiable impact of the project activities on beneficiary institutions as well as the impact at local, national and international level.

Periodical reports will be released to check project progress and make recommendations.

The External Quality Expert will be responsible for:

a) the finalization and official definition of quality indicators and of monitoring procedures;

b) the elaboration of periodical Evaluation Reports.

The aim of the external monitoring and evaluation is to ensure that monitoring of the Project is performed adequately and accurately, identifying relevant procedures, criteria and resources. It also deals with risk and issue management and with the evaluation of the results in comparison with the needs of the target group(s) and sector(s).

The External Evaluator will receive 4.000,00 euros reward for the entire activity.

Interested? Here you can find the call, have a look, and send your CV, with previous experiences, at majig@unipv.it 

We are happy to announce that the Kick-Off Meeting has been held in Cartagena de Indias (Colombia) from April 18, 2023 to April 20, 2023. It has been a great moment for the Consortium to discuss, get coordinated and start the activities. What a success!

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