Economist, Washington, United States

Organization: The World Bank

Country: United States

City: Washington

Office: World Bank in Washington, United States

Closing date: Sunday, 16 January 2022


Job #: req14402

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): Closing Date: 1/16/2022 (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;
Depending on the candidate’s expertise, work on topical issues related to macroeconomics, finance, commodity markets, applied microeconomics, and/or development economics, to contribute to the formulation of the Bank’s views on the state of the global economy and related issues;
The preparation of economic briefs for senior management on issues related to the aforementioned fields that affect the operations of the Bank and its clients;
The development and improvement of tools for global macroeconomic analysis.

The Economist 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.

Selection Criteria

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

Excellent drafting skills.

Demonstrated strong analytical skills in one or more of the following fields: macroeconomics, finance, commodity markets, applied microeconomics, development economics, or econometrics.

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 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.

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.

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.

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