Economist

Economist

Job #:
req18320

Organization:
World Bank

Sector:
Economics

Grade:
GF

Term Duration:
3 years 0 months

Recruitment Type:
International Recruitment

Location:
Washington, DC,United States

Required Language(s):
English, Portuguese

Preferred Language(s):

Closing Date:
7/30/2022 (MM/DD/YYYY) at 11:59pm UTC

Description

Do you want to build a career that is truly worthwhile? Working atthe World Bank Group provides a unique opportunity for you to help our clientssolve their greatest development challenges. The World Bank Group is one of thelargest sources of funding and knowledge for developing countries; a uniqueglobal partnership of five institutions dedicated to ending extreme poverty,increasing shared prosperity and promoting sustainable development. With 189member countries and more than 120 offices worldwide, we work with public andprivate sector partners, investing in groundbreaking projects and using data,research, and technology to develop solutions to the most urgent globalchallenges. For more information, visit www.worldbank.org

THE ROLE OF THE GLOBAL PRACTICE FOR MACROECONOMICS, TRADE andINVESTMENT (MTI) IN THE WBG

On January 1, 2018, the Economics, Finance and Institutions (EFI)Vice Presidency created the Macroeconomics, Trade and Investment (MTI) GlobalPractice. MTI is a joint IBRD and IFC team, comprised of some 450 staff,with almost half of MTI professional staff decentralized to the field workingclosely with the Country Management Units (CMUs) and in proximity to theclients. MTI houses the Bank's country economists together with tradeeconomists and specialists, debt and macro modeling experts, competition,business environment and investment policy experts who work together to supportcountries in their search for private sector led, inclusive growth. MTIoffers integrated solutions to macroeconomic and private-sector focusedstructural reform programs. In doing so, MTI staff often serve integrativefunctions working closely with other Global Practices.

MTI staff work across a wide array of Bank instruments rangingfrom Development Policy Operations to IFC-funded advisory projects, combiningthe strength of Bank analysis and lending with longstanding IFC expertise inproviding implementation support at the country level. MTI staff oftenlead or participate in the preparation of Strategic Country Diagnostics forboth the public and private sectors, as well as other analytic tools such as CountryEconomic Memorandums and Country Private Sector Diagnostics. Knowledgeand learning are a central part of MTI's work focused on 9 thematic areas: (a)macroeconomics; (b) fiscal policy; (c) growth; (d) economic management inresource rich environments; (e) macroeconomic modelling & statistics; (f)trade and regional integration; (g) competition policy; (h) investment policyand promotion; and (i) business regulation.

THE LATIN AMERICA AND THE CARIBBEAN REGION (LCR)

The World Bank Group serves 30 client countries in the LatinAmerica and the Caribbean Region (LCR). Clients range from large rapidlygrowing sophisticated middle-income clients to International Development Association(IDA) countries as well as small Caribbean states and one fragile state.Despite immense resources, dynamic societies, and an average annual per capitaincome of about US$4,000, deep inequalities persist in most LCR countries, withnearly a quarter of the Region's people living in poverty. The Bank's strategyin LCR is focused on three pillars: promoting inclusive growth, investing inhuman capital, and building resilience. This includes encouraging bettergovernance and economic integration and leveraging the private finance necessaryto address the region's pressing development needs.

The regional context has become even more complex in the contextof the COVID-19 pandemic, which will require fast and effective policy responsefrom LAC countries. The Bank - and MTI in particular - will play an importantrole in supporting the countries in the region to face this unexpected andmassive shock.

We are seeking an outstanding Economist to work on macroeconomicmonitoring as well as analytical and lending activities in Brazil. You willwork closely with the Brazil MTI team and the EFI Lead CountryEconomist/Program Leader for Brazil. You will be an integral part of the globalMTI GP and will report to the MTI Practice Manager covering Latin America andthe Caribbean.

Roles & Responsibilities:
• Plays a key role in macroeconomic monitoring, including preparation of macroeconomicprojections and regular economic updates for Brazil;
• Participates in analytic and lending activities in the region;
• Produces a range of key economic policy papers, policy notesand reports, at the country level;
• Works closely with other GPs (within EFI as well as the Sustainable Developmentand Human Development Practice Groups) on the
preparation of key strategic pieces and/or engagements;
• Contributes to regional analytical products and subregional monitoringor analytical work;
• Participates actively in the MTI Global Practice, the EFI LAC Department andthe ELCMU Unit;
• Supports the Practice Manager and the Global Practice by providing inputs asneeded to corporate briefs and for due diligence on macroeconomic issues;
• Engages in policy dialogue with internal and external stakeholders, in closecollaboration with the CMU;
• Is involved in developing state-of-the-art approaches in applied economicanalysis and in pioneering their implementation in operations and analyticalwork.

Selection Criteria

- A minimum of a master'sdegree in Economics with at least 5 years of relevant professional experience (acompleted PhD is equivalent to 3 years of relevant professional experience).

- Strong technical skills on macroeconomic, fiscal policy or growth issues.Mastery of modern macroeconomic modelling techniques is a plus;

- Proven track record in delivering high quality and technically sophisticatedanalytical work, with particular focus on fiscal policy and/or growth;

- Integrative skills in order to support the CMU in articulating its strategicthinking on macroeconomic issues, economic growth and poverty reduction and toarticulate a coherent policy dialogue with the authorities;

- Strong oral and written communication skills, in both English and Portuguese, including the ability to present complex analyses to non-specialist audiences.

- Strong client-orientation and diplomatic skills combined with candor and courage of opinion.

- Proven sense of initiative, results orientation, and teamwork qualities, and ability to work effectively across sectors/GPs;

- Ability to work flexibly on a range of assignments and adjust to a variety of complex evolving tasks to meet deadlines;

World Bank Group Core Competencies

The World Bank Group offers comprehensive benefits, including a retirement plan; medical, life and disability insurance; and paid leave, including parental leave, as well as reasonable accommodations for individuals with disabilities.

We are proud to be an equal opportunity and inclusive employer with a dedicated and committed workforce, and do not discriminate based on gender, gender identity, religion, race, ethnicity, sexual orientation, or disability.

Learn more about working at the World Bank and IFC, including our values and inspiring stories.