Job #: req8742 Organization: World Bank Sector: Economics Grade: GF Term Duration: 3 years 0 months Recruitment Type: Local Recruitment Location: New Delhi,India Required Language(s): English Preferred Language(s): 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. Visit www.worldbank.org.GLOBAL PRACTICE FOR MACRO TRADE & INVESTMENT
The Global Practice for Macro Trade & Investment (MTI) comprises about 450 staff working across more than 120 countries. Almost half of MTI professional staff are decentralized to the field working closely with the Country Management Units (CMUs) and in proximity to the clients. The Practice houses the Bank’s country economists, as well as professional staff with expertise in macroeconomics, fiscal policy, growth, statistics, trade, competition policy and investment climate. MTI professionals most often work across sectors helping carry out key integrative functions. In this context, MTI professionals are responsible for the preparation and delivery of the majority of the Bank’s Development Policy Operations using both IDA and IBRD resources. MTI professionals also lead or participate in a wide variety of AAA-Analytic and Advisory Activities and client advisory work requiring integrative functions that add to the core Macroeconomic expertise. As such MTI staff often lead or participate in the preparation of Strategic Country Diagnostics, Country Economic Memorandums and cross sector Public Expenditure Reviews. An important additional element of engagement in macroeconomic and fiscal policies is carried through work on debt management supported by the Debt Management Facility.
Knowledge and learning is a central part of MTI’s work focused on 9 thematic areas: (a) macroeconomics; (b) fiscal policy; (c) growth; (d) economic management in resource rich environments; (e) macroeconomic modelling & statistics; (f) trade and regional integration; (g) competition policy; (h) investment policy and promotion; and (i) business regulation.Background And General Description
The MTI practice is looking for an outstanding Economist for India, to be based in New Delhi.
The MTI Team in India is responsible for macro-economic analysis, policy dialogue, technical advice and capacity building support in the areas of macro-economic and fiscal management, and budget related reforms, at both national and state level. In addition to its regular economic monitoring mandate, the team manages a rich program consisting of policy-based financing operations, and large, complex programmatic analytic work programs, which include the delivery of analytical and advisory products as well as technical assistance and training activities. These tasks are cross-sectoral in nature and integral to the policy dialogue of the country program.
The selected candidate is expected to make substantial contributions to analytical and operational work. He or she will report to the MTI Practice Manager covering South Asia.Roles & Responsibility
- Independently research and analyze a wide variety of specific economic, financial, country or sector topics and issues for lending, research, and/or policy related tasks.
- Prepare country economic, sector, strategy or research reports involving the analysis, evaluation and, preparation of data, as well as the formulation of conclusions and recommendations.
- Lead in the writing of routine reports and participate in drafting technical working papers for wider circulation.
- Program and modify economic/financial models, using existing software packages.
- Represent the Bank in its relationship with the IMF on the macroeconomic framework for the country as well as in the preparation of joint World Bank-IMF debt sustainability analyses in close consultation with MTI Senior Economist.
- Co-manage projects, trust funds, and grants and support data needs of sectoral staff.
- Provide substantive inputs (and eventually lead) a variety of country economist tasks such as the Country Policy and Institutional Assessment (CPIA) exercise, the Macro Poverty Outlook (MPO),regular macroeconomic monitoring,
- Contribute to Country Partnership Strategies,
- Work independently, seeking guidance and instruction on new, unusual or complex assignments.
- Under this position, the Economist will interact and at times lead discussion with a wide variety of groups including counterparts in government and in a variety of international and other partner organizations, academia; Bank counterparts within and across sectors, networks; and managers across the Bank Group.
- Minimum of a Master’s degree in economics, with five years of experience. A PhD would be an asset and is equivalent to three years of experience;
- Strong technical and operational skills as evidenced by a proven track record of delivery of World Bank (or similar) operations, such as Development Policy Lending or analytical reports;
- Proven sense of initiative, results orientation, and leadership qualities, as well as effective teamwork skills;
- Strong communication skills in English, including the ability to speak persuasively and to present ideas clearly and concisely;
- Strong integrative capacities;
- Excellent presentation skills, both verbally and written. Demonstrated ability to communicate clearly on complex topics to a wide variety of audiences;
- A high degree of self-motivation, positive attitude and drive.
- A thorough understanding of the interlinkages between the various macroeconomic accounts;
- Skills to conceptualize, conduct economic analyses and derive policy-relevant findings;
- Ability to translate technical analyses of macroeconomic, debt, trade, fiscal policy, and growth into policy recommendations and cross-country lessons;
- Ability to think and work across practices and sectors;
- Ability to integrates divergent viewpoints of multiple external and internal stakeholders into a coherent project/program/strategy
- Commitment to corporate goals (e.g. MFD, climate, gender);
- Political judgment, diplomatic acumen, and negotiating skills;
- Ability to influence and persuade others to consider/accept ideas and suggestions (such as counterparts in government, international partner organizations, academia, and Bank colleagues, senior staff and managers)
- Ability to communicate and argue orally and in writing complex ideas and positions to colleagues and management.