Job #: req22253
Organization: World Bank
Term Duration: 3 years 0 months
Recruitment Type: International Recruitment
Location: Washington, DC,United States
Required Language(s): English
Preferred Language(s): French, Portuguese, Spanish, Arabic
Closing Date: 5/5/2023 (MM/DD/YYYY) at 11:59pm UTC
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.
World Bank Group’s Investment Climate global team is looking for a microeconomist with a background in private sector development and investment climate, and experience in green economy, sustainability, and climate change. to lead a range of analytical and operational engagements.
The World Bank Group’s Finance, Competitiveness & Innovation Global Practice (FCI) combines expertise in the financial sector and private sector development to foster private-sector led growth and help create stable, resilient and inclusive markets in client countries. Through this work, FCI strengthens the World Bank Group’s evolving approach to development finance: to maximize finance for development and to leverage private sector investments for sustainable and inclusive growth. FCI focuses on seven thematic areas: Competitiveness, Investment, Trade, Crisis& Disaster Risk Finance; Financial Access & Inclusion, Financial Stability & Integrity; and Long-Term Finance.
The Investment unit (ETIIC) provides evidence-based support across its three pillars: business regulation aims to help countries foster an “investment-grade” business environment; investment policy and promotion aims to attract and maximize the benefits of private investment for development; and firm dynamics seeks to analyze and support firm growth and productivity.
DUTIES AND RESPONSIBILITIES
The selected Senior Economist, with a specialization in applied microeconomics, will be based in Washington, DC, and will have the ability to connect micro and macro topics such as investment (esp. FDI), climate change, productivity, and trade policy. S/he will be a member of the ETIIC Team, working closely with Senior and Lead Economists and Private Sector Development Specialists in the unit under the general guidance of the ETIIC Practice Manager. S/he will be a motivated and dynamic professional, with solid analytic skills and policy-relevant experience, expertise in firm-level dynamics and applied research, excellent client engagement, and team spirit skills, working as part of the ETIIC unit and in collaboration with other FCI global and regional teams. The key responsibilities will include but are not limited to:
- Provide intellectual leadership role in the unit’s analytical agenda at the interaction of environmental sustainability and investment climate policies.
- Lead the unit’s research and analytical work on foreign direct investment analytics and diagnostics, including Investment Reform Map diagnostic tool and the FDI work for the new Investment Climate Assessment (ICA 2.0).
- Play a key role in shaping the unit’s knowledge and help to operationalize three key agendas: climate change and private investment; encouraging trade and investment in services; and stimulating firm productivity.
- Produce policy research papers on a variety of investment competitiveness topics, including chapters in the future editions of the Global Investment Competitiveness Report.
- Support management in producing background notes / research papers on a variety of economic and investment policy topics for management discussions, decision meetings, corporate reporting, flagship publications, and client-facing interactions.
- Contribute to the team’s various analytical initiatives, including business surveys, policy and regulatory assessments, and impact evaluations.
- Provide operational cross-support through joining project teams and contributing to the design and implementation of investment policy offering and projects, to bring the latest intellectual thinking to the operational level and vice versa.
- Lead the policy reform dialogue with Government authorities and development partners on select topics, including advising governments on formulation and implementation of various investment climate policies.
- Contribute to the flagship WBG analytical and diagnostic reports in select countries; the reports include Strategic Country Diagnostics, Public Expenditure Reviews, Country Economic Memoranda and Country Private Sector Diagnostics.
- Contribute to the development of collaborative partnerships with external stakeholders and other World Bank Group teams involved in private sector development and competitiveness work in client countries.
- Mentor and oversee more junior staffs and consultants contributing to analytical requests on the topics above.
- Contribute to other research and analytical investment climate initiatives, as requested.
- Advanced degree, preferably PhD, in economics or related disciplines
- At least 6 years of relevant work experience in topics related to the job description, or a minimum of 10 years of experience if the candidate holds only a master’s degree.
- In-depth knowledge of investment climate policy areas (esp. firm productivity, foreign investment, business regulation) and capacity to influence country policy discussions.
- Knowledge of related areas (e.g., climate change and investment, trade policies, tax policies, etc.) is a strong advantage.
- Demonstrated track record of delivering high quality analytical work and/or lending operations (including development policy loans), including complex operations, and a track record of publications.
- Ability to understand and analyze complex policy problems and develop innovative approaches.
- Fluency in English is essential, and capacity in other widely-used languages (e.g. French, Portuguese, Spanish, Arabic is desired
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.