Economist, Washington, United States

Organization: The World Bank

Country: United States

City: Washington, United States

Office: World Bank in Washington, United States

Closing date: Sunday, 24 January 2021


Job #: req10526

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): Preferred Language(s): Closing Date: 1/24/2021 (MM/DD/YYYY) at 11:59pm UTC


About the World Bank Group:

Established in 1944, the WBG is one of the world’s largest sources of funding and knowledge for development solutions. In fiscal year 2018, the WBG committed $67 billion in loans, grants, equity investments and guarantees to its members and private businesses, of which $24 billion was concessional finance to its poorest members. It is governed by 188-member countries and delivers services out of 120 offices with nearly 15,000 staff located globally.

The WBG consists of five specialized institutions: the International Bank for Reconstruction and Development (IBRD), the International Development Association (IDA), the International Finance Corporation (IFC), the Multilateral Investment Guarantee Agency (MIGA), and the International Centre for the Settlement of Investment Disputes (ICSID). The World Bank is organized into six client-facing Regional Vice-Presidencies, several corporate functions and thirteen Global Practices to bring best-in-class knowledge and solutions to regional and country clients.

Background / General description:

EPGDR. The Prospects Group of the Equitable Growth, Finance and Institutions Vice-Presidency (EPGDR) provides timely analysis on global economic and financial developments, and their impact on the member countries of the WBG. Internally, it informs and helps define policy positions of the WBG and provides analytical support for WBG operations. Externally, EPGDR aims to influence global policy debates on major macroeconomic and development issues. In fulfilling this objective, EPGDR leads the WBG’s monitoring, analyzing, and forecasting work in global macroeconomics. It produces topical and policy-oriented analytical work, including the semi-annual WBG corporate flagship Global Economic Prospects report and the semi-annual Commodity Markets Outlook report. In addition, EPGDR produces a wide range of analytical studies that appear as working papers, policy notes, and research publications in scientific journals, conference volumes, and book chapters.

Position. The Prospects Group is looking for an Economist with excellent research, analytical and communication skills to contribute to its main tasks and product lines.

High-quality research on topical issues that are of immediate concern to policymakers in emerging market and developing economies.

Analytical contributions to EPGDR products, including the Global Economic Prospects report, one of the World Bank Group flagship reports;
Macroeconomic and financial surveillance, including forecasting and analysis of global economic trends, to contribute to the formulation of the Bank’s views on the state of the global economy and regional economic outlooks;
The preparation of economic briefs for senior management on issues that affect the operations of the Bank and its clients;
The development and improvement of tools for global macroeconomic analysis

The Economists will be expected to deliver under tight and frequent deadlines in a fast-paced environment. S/he will work closely with a team of talented economists, under the guidance of EPGDR management. In addition to the contributions to EPGDR, the Economist will be expected to devote a fraction of his/her time to contribute to the work of other World Bank Group units.

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Selection Criteria

Selection Criteria

Master’s degree required; Ph.D. in economics strongly preferred.

Demonstrated strong analytical skills in economics and econometrics.

Strong and proven analytical skills in macroeconomics, finance, or statistics.

Tags commodity markets econometrics economic analysis economic trends economist international finance investment disputes macroeconomics reconstruction sub saharan africa

Strong economic skills with an eye for policy implications of technical analysis and modeling applications.

Record of experience, including academic and/or policy publications, with quantitative economic analysis and modeling techniques.

Demonstrated ability to contribute to policy publications and to develop policy implications from economic analysis and modeling.

Previous experience in global macroeconomic and financial surveillance at a major financial institution required. Previous experience in regional, and/or country-level economic surveillance strongly preferred.

Excellent communication and interpersonal skills and ability to collaborate effectively with colleagues in a multi-cultural team.

Ability to operate effectively in a fast-paced, deadline-driven environment.

Required Competencies:

General Economic Knowledge and Analytical Skills Possesses a demonstrated track record of working with economic and sectoral data and analytical tools and models to conduct economic analyses and produce user-friendly written outputs.

Research Temperament/Intellectual Curiosity Has demonstrated an aptitude for research through academic studies.

Written and Verbal Communication Delivers information effectively, including an ability to identify topical policy issues and articulate policy analysis. Experience as policy economist.

Deliver Results for Clients Proactively addresses clients‘ stated and unstated needs.

If the selected candidate is a current World Bank Group staff member with a Regular or Open-Ended appointment, s/he will retain his/her Regular or Open-Ended appointment. All others will be offered a 3 years 0 months term appointment.

The World Bank Group values diversity and encourages all qualified candidates who are nationals of World Bank Group member countries to apply, regardless of gender, gender identity, religion, race, ethnicity, sexual orientation, or disability. Sub-Saharan African nationals, Caribbean nationals, and female candidates are strongly encouraged to apply.

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Poverty has no borders, neither does excellence. We succeed because of our differences and we continuously search for qualified individuals with diverse backgrounds from around the globe.