Economist, Lusaka, Zambia
Organization: The World Bank
City: Lusaka, Zambia
Office: World Bank in Lusaka, Zambia
Closing date: Tuesday, 9 February 2021
Economist - Zambia
Job #: req10635
Organization: World Bank
Term Duration: 3 years 0 months
Recruitment Type: Local Recruitment
Required Language(s): English
Preferred Language(s): Closing Date: 2/9/2021 (MM/DD/YYYY) at 11:59pm UTC
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. Global practice for macroeconomics, trade, and investment The Macroeconomics, Trade and Investment (MTI) Global Practice leads the World Bank Group’s dialogue and engagement with clients in macroeconomics, fiscal policy, trade, competition and investment. MTI links the macroeconomic dialogue with programs focused on expanding the role of the private sector in economic development. In our day-to-day engagement with countries, we support Ministries of Finance, Trade, Economy and Planning in their pursuit of reform agendas conducive to strengthening inclusive growth led by the private sector. https://www.worldbank.org/en/about/unit/mti-gp The MTI Team in Zambia is responsible for macro-economic analysis, policy dialogue, technical advice and capacity building support in the areas of macro-economic and fiscal reforms. In addition to its regular economic monitoring mandate, the team manages a rich work program consisting of policy-based financing operations, and large, complex programmatic analytic work programs. These tasks are cross-sectoral in nature and integral to the policy dialogue of the country program. Duties and Accountabilities: We are looking for a local Economist to work on Zambia, based in Lusaka. You will be a core team member of the MTI East Africa team and will report to the Practice Manager (EA1M1). In the day to day work you will lead and contribute mostly to the Zambia MTI work program. Responsibilities include monitoring and assessment of macroeconomic developments in Zambia and assisting in the preparation and supervision of MTI’s work program in Zambia. You will work closely with the Senior Economist and Lead Economist for Zambia to perform the following activities: - Monitor developments in the economy, research and analyze the country’s economic, financial and sector issues; - Maintain the macroeconomic and financial database and regularly prepare updated medium-term macroeconomic projections for Zambia; - Use/run economic/financial models and toolkits using existing software packages, or Bank’s own models, to assess economic development and inform policy advice; - Collect and analyze data as well as participate in exchange of information with Government, private sector officials and other international financial institutions; - Contribute to the design, preparation and implementation of budget support and lending operations in Zambia; - Provide substantive inputs to the preparation and dissemination of analytical economic work and reporting on Zambia, including Country Economic Memorandum, Public Expenditure Reviews, the Macro Poverty Outlook (MPO) and regular macroeconomic monitoring; and participate in the preparation of the Country Policy and Institutional Assessment (CPIA); - Prepare briefs and analytical notes, and contribute to the writing of sections in analytical reports, in particular for the Zambia Economic Briefs; - Support the Country Management Unit (CMU) in the implementation of the World Bank’s Zambia program; - Engage in policy dialogue with government of Zambia in coordination with the Senior and Lead Economist; - Work independently, seeking guidance and instruction on new, unusual or complex assignments; - Develop and maintain active engagement with other development partners and local think tanks and researchers.
- Minimum of a master’s degree (PhD preferred) in Economics with at least 5 years of relevant work experience; - Proven sense of initiative, results orientation, and effective teamwork skills; - Strong communication skills in English, including ability to speak and write persuasively positions to colleagues, management and senior public officials, and to present ideas clearly and concisely; - Results-oriented personality with proven problem-solving skills, and strong communication skills. - High level of personal and professional integrity. Self-starter. Strong ability to function well in a multi- cultural environment and working in teams. Technical Proficiency - A thorough understanding of macroeconomics and interlinkages between the various macroeconomic accounts; - Skills and experience in working on economic policy issues and data analysis. - 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; - Proficiency in basic econometric and statistical analysis and relevant software packages (STATA, E-views, or other statistical packages and MS Office programs, including Excel) is essential;
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.