Economist

Economist

Job #:

req23758

Organization:

World Bank

Sector:

Economics

Grade:

GF

Term Duration:

4 years 0 months

Recruitment Type:

International Recruitment

Location:

Washington, DC,United States

Required Language(s):

English

Preferred Language(s):

Spanish, French, Russian, Chinese, Portuguese

Closing Date:

8/30/2023 (MM/DD/YYYY) at 11:59pm UTC

Description

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

Practice Group Context

The Equitable Growth, Finance, and Institutions Practice Group (EFI) is one of the World Bank Group's four Practice Groups. EFI's mandate is "Growth, Finance, and Institutions for all." EFI is composed of four Global Practices (GPs) and CGAP:

1.The Macroeconomics, Trade, and Investment (MTI) GP supports macroeconomic stability through sound fiscal frameworks and fiscal risk management and better institutions and capacity on debt management to improve the efficiency of public spending.

2.The Finance, Competitiveness, and Innovation (FCI) GP helps client countries to create an enabling environment in which financial stability, efficiency, and firm-level solutions to crowd in the private sector, support the creation of markets, and accelerate equitable growth.

3.The Governance GP (GOV) assists countries to build capable, effective, accountable, transparent, and inclusive institutions that deliver citizen-centric services, facilitate private-sector growth, build trust in Government, and provide fiduciary support to all Bank operations.

4.The Poverty and Equity GP supports the design, implementation, and monitoring of the WBG and client countries' policies and programs aimed at poverty reduction and shared prosperity.

5.CGAP is a global partnership of more than 30 leading development organizations to share knowledge and research about financial inclusion to advance the lives of poor people, protect their economic gains, and reach broader development goals.

Unit Context

The EFI Chief Economist's Office (EFICE) supports and works under the EFI Chief Economist, who reports to the EFI VP. The Chief Economist is part of the EFI Leadership Team, working closely with the Director of Strategy and Operations (DSO) and Global Directors (GDs) of each of the GPs. The Chief Economist is the principal economic and policy adviser to the EFI VP regarding analytic and advisory services. The office guides strategic priorities and technical quality of economic analysis in EFI, bringing the best knowledge to bear on the development problems relevant to EFI. The EFI Chief Economist is also responsible for the coordination of the Practices' work with DEC (Development Economics) and participates in the World Bank's Chief Economist Council meetings.

In this context, EFICE is seeking an Economist as part of the team working under the Chief Economist. The team will support the Chief Economist in the following duties and responsibilities:

• Provide intellectual leadership to the Practice Group on economic and policy matters related to EFI.

• Work closely with the EFI Leadership team and provide inputs to improve the quality of selected high-level EFI advisory services and analytics (ASA) publications.

• Foster a community of economists across the EFI GPs and support to promote high-quality research, analysis, and dialogue on issues relevant to EFI GPs.

• Bring the latest knowledge and analysis on EFI matters from academia, think tanks, and other external research partners, and strengthen their link to the operations work of EFI GPs.

• Support the World Bank's Chief Economist with requested inputs to the major institutional reports and the research agenda of DEC.

• Represent the World Bank Group in external functions.

Selection Criteria

• Master's degree in economics with 5 years of experience or equivalent combination of education and experience. Ph.D. in economics or a closely related discipline preferred.

• Strong analytical background with the ability to do high-level research, analyses, diagnoses, and to propose solutions to complex problems, preferably in the EFI GP's focus areas, such as international finance, competitiveness, governance, international trade, poverty, or macroeconomics.

• Ability to translate theory and analysis into practical applications in the context of EFICE work.

• Outstanding communication skills to write and express complex economic ideas to different audiences, including the general public.

• A high level of motivation and team spirit and a positive attitude.

• Ability to work under pressure, work flexibly on a range of assignments, adjust to changing needs, and prioritize evolving tasks.

• Ability to participate in multi-disciplinary teams.

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.