Economist
Job #: req28521
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
Preferred Language(s): English
Closing Date: 8/5/2024 (MM/DD/YYYY) at 11:59pm UTC
Description
Do you want to build a career that is truly worthwhile? 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 and promoting shared prosperity. 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.
East Asia and the Pacific (EAP) Region is a large and diverse region, ranging from Small Island States of the Pacific to the Philippines and China. Despite substantial economic growth and poverty reduction, the EAP region faces huge development challenges. Growth has been uneven across and within countries, institutions still need strengthening, and most countries are heavily affected by climate change. The Bank plays a significant role on global public goods, including climate, biodiversity, water pollution, and health.
The COVID pandemic, and more recently food and energy price increases are compounding the impact of the global economic slowdown. The World Bank Group is seen as a premier development institution in the Region, with a leadership role on analytical and advisory services as well as financing.
Job Duties and Accountabilities
The Role of the Equitable Growth, Finance, And Institutions (EFI) Practice Group: The Equitable Growth, Finance, and Institutions Vice Presidency (EFI) is one of the World Bank Group's four Practice Groups. EFI's mandate is "Growth, Finance, and Institutions for all." EFI combines expertise in finance and private sector development, macroeconomics, fiscal policy, taxation, governance, anticorruption, procurement and poverty among other areas. We foster private sector led growth in client countries, help create markets and jobs, improve resilience, strengthen institutions, promote equal opportunities and inclusion for all.
EFI supports clients in advancing evidence-based structural reforms to build the foundations for inclusive and sustainable growth. The incumbent will report to the EAP EFI RD, but also work closely with country teams, including on operational, analytical, and/or advisory activities. The position will offer exposure to a broad range of regional and EFI-wide strategic and operational issues as well as opportunities to work with a wide range of management and staff across EFI and other units, while also contributing to the policy dialogue on development, with a focus on economic growth and macro-fiscal issues, in selected countries.
Duties and Responsibilities:
- Contribute to the analytical design, preparation and/or production of a range of economic policy papers, policy notes, reports, and operations.
- Review and support the Regional Director on strategic and operational matters relating to EFI's engagement in the region including in close coordination with regional EFI teams, the Chief Economist's office and staff from other PGs.
- Ensure that the Regional Director is briefed and informed of important issues - internal and external - in a timely manner. Effectively prioritize issues for the Regional Director's attention either for information or action providing input, analysis and recommendations as appropriate.
- Review and/or write briefs, talking points, speeches for a wide spectrum of occasions.
- Take-on additional ad-hoc projects of a strategic or operational nature as needed either individually or as part of a team.
Selection Criteria
- Minimum of a Master's degree in Economics, public policy, political science or related disciplines.
- Minimum of five years of relevant professional experience.
- Demonstrated technical skills and familiarity with work of EFI, in particular with issues related to macro-fiscal and growth, competitiveness, financial sector, public sector reform.
- Demonstrated operational and policy dialogue skills, as evidenced by a proven track record in delivering high quality lending and advisory.
- Demonstrated integrative skills in order to support the RD in articulating its strategic thinking on economic growth and poverty reduction.
- Proven sense of initiative, results orientation, team work and leadership qualities, and ability to work effectively across sectors/GPs.
- Good communication skills, including the ability to speak persuasively and to present ideas clearly and concisely.
- Good conceptual and analytical skills. The capacity to respond quickly in a pragmatic manner to a wide range of issues.
- Good interpersonal skills. Proven track record of working effectively across groups in a multicultural environment with staff at all levels.
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.
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