Economist (Cabo Verde) – GF

Description
Do you want to build a career that is truly worthwhile? Working at the World Bank provides a unique opportunity for you to help our clients solve their greatest development challenges. The World Bank consists of two entities – the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA). It is a global development cooperative owned by 189 member countries. As the largest development bank in the world, the World Bank provides loans, guarantees, risk management products, and advisory services to middle-income and creditworthy low-income countries, and coordinates responses to regional and global challenges. For more information, visit www.worldbank.org.

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. 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! MTI professionals often work across sectors helping carry out key integrative functions. In this context, we are responsible for the preparation and delivery of the majority of the Bank’s Development Policy Operations using both IDA and IBRD resources. We 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. For more information: https://www.worldbank.org/en/about/unit/mti-gp

In West and Central Africa, the World Bank is a leading partner with a growing portfolio of 350 projects totaling more than $38 billion in areas such as agriculture, trade and transport, energy, education, health, water and sanitation- all to support job creation, gender equality, poverty reduction, and better lives. Across the continent, the World Bank’s program has nearly doubled over the last 10 years. By 2030, about 87% of the world’s extreme poor are projected to live in Sub-Saharan Africa, so this is where our mission to end extreme poverty and to promote shared prosperity will be achieved.

The EAWM1 unit covers work in 13 countries within the Africa Region, including the Senegal (AFCF1), Côte d’Ivoire (AFCF2), and Mali (AFCW3) Country Management Units (CMU).

 

Duties and Accountabilities:

As part of the broader MTI Cabo Verde team, specific responsibilities of the Country Economist include the following:

1.       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.

2.       Lead the regular macroeconomic monitoring of Cabo Verde, which includes the Macro and Poverty Outlook (MPO), with the Poverty GP, provide weekly updates, and contribute to the development of an annual Economic Update.

3.       Develop, and update, a model / framework with key country economic and social data for Cabo Verde that serves a basis for broader MTI work products.

4.       With the support of the Senior Country Economist, coordinate the policy dialogue on macroeconomic and fiscal policy and economic growth issues with the Cabo Verdean authorities, with the IMF and economic departments of other development agencies and non-government stakeholders.

5.       Support and/or co-lead fiscal and debt non-lending activities, including – but not limited to – Public Expenditure Reviews (PER)/Public Finance Reviews (PFR) and Debt Sustainability Analysis (DSA);

6.       Support and/or co-lead core country diagnostics such as Country Economic Memorandums (CEM) and other growth diagnostics, working with other GPs to integrate structural, sectoral and macroeconomic issues, as well as working on the Climate Change Development Report (CCDR) and associated engagements on climate change.

7.       Co-manage projects, trust funds, and grants and support data needs of sectoral staff.

8.       Advise sector teams on the macroeconomic and fiscal implications of sector policies and investment decisions – for example on the oil and gas and power sectors – and provide cross-support where relevant.

9.       Provide analytical inputs for and advises the Country Management Unit (CMU) on country strategic engagement and economic policy issues, including participation in review meetings.

10.   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.

 

Selection Criteria

For this position, you should have demonstrated outstanding technical skills, a capacity to operate successfully across sectors and with other development partners, and first-rate interpersonal skills! You must be able to interact effectively with senior members of the government, senior officials of donor governments, across Bank GPs, and with Bank senior management.

• 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 in a proven track record in 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, including the ability to speak persuasively and to present ideas clearly and concisely with senior policy officials.
• Strong integrative capacities; i.e., ability to situate IDA activities within a coherent strategic framework.
• Excellent communication and presentation skills, both verbally and written. Demonstrated ability to communicate clearly on complex topics to a wide variety of audiences.
• Excellent interpersonal and negotiations skills and ability to work flexibly, creatively and to multitask as the need arises.

·         Work independently, seeking guidance and instruction on new, unusual or complex assignments.

• A high degree of self-motivation, positive attitude and drive.
• Strong commitment towards team work and knowledge sharing, especially across the World Bank Group

 

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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