Economist
The World Bank
Islamabad,Pakistan
3d ago

Description

Working at the World Bank Group (WBG) provides a unique opportunity for you to help our clients solve their greatest development challenges.

The WBG 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.

GLOBAL PRACTICE FOR MACRO TRADE & INVESTMENT

The Global Practice for Macro Trade & Investment (MTI) comprises about 450 staff working across more than 120 countries.

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.

The Practice houses the Bank’s country economists, as well as professional staff with expertise in macroeconomics, fiscal policy, growth, statistics, trade, competition policy and investment climate.

MTI professionals most often work across sectors helping carry out key integrative functions.

In this context, MTI professionals are responsible for the preparation and delivery of the majority of the Bank’s Development Policy Operations using both IDA and IBRD resources.

MTI professionals 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.

As such MTI staff often lead or participate in the preparation of Strategic Country Diagnostics, Country Economic Memorandums and cross sector Public Expenditure Reviews.

An important additional element of engagement in macroeconomic and fiscal policies is carried through work on debt management supported by the Debt Management Facility.

  • Knowledge and learning is a central part of MTI’s work focused on 9 thematic areas : (a) macroeconomics; (b) fiscal policy;
  • c) growth; (d) economic management in resource rich environments; (e) macroeconomic modelling & statistics; (f) trade and regional integration;
  • g) competition policy; (h) investment policy and promotion; and (i) business regulation.

    BACKGROUND AND GENERAL DESCRIPTION

    Pakistan is an IDA / IBRD blend country of about 207 million people, strategically situated at the cross-roads of Europe, Asia and the Middle East with a large untapped potential for trade cooperation with its neighbors.

    The MTI program in Pakistan is large and growing. The team supports reforms through a number of instruments (development policy lending, technical assistance and PforR loans).

    It works closely with the IMF and other development partners. The program is particularly strong in the areas of macro monitoring, taxation, debt management and trade in which large technical assistance programs are being implemented.

    The economist will be expected to have gained substantive work experience as a macroeconomist as well as outstanding quantitative skills.

    The selected candidate is expected to contribute substantially and / or lead analytical and operational work. He or she will report to the MTI Practice Manager covering South Asia.

    This internal requisition is open to WBG and IMF staff only (including short-term and extended term consultants / temporaries).

    External candidates are requested not to apply. In case an external candidate applies, their application will not be considered.

    Roles & Responsibility :

  • Lead and / or contribute to the macroeconomic monitoring and surveillance of Pakistan’s economy and support the preparation of Pakistan Development Update;
  • Prepare and or contribute to the monthly country risk report containing detailed description of economic and political developments along with preparation of standardized economic data;
  • Prepare weekly economic monitoring reports containing information on key macro, fiscal, monetary and debt data;
  • Support the implementation of the different technical assistance programs at the provincial and federal levels;
  • Participate and / or lead corporate tasks like preparation of the CPIA, macroeconomic projections using MFMod, among others;
  • Maintain the macro, fiscal and sub-national fiscal databases that the MTI team uses for economic monitoring and analytical purposes;
  • Contribute to the delivery of MTI’s work program and lead the delivery of individual tasks as necessary;
  • Lead short analytical pieces to support the policy dialogue on macroeconomic and fiscal policy management with the authorities;
  • Work with other GPs in the country team as needed.
  • Selection Criteria

    The position requires a motivated economist with strong analytical and interpersonal skills, significant experience in operational and analytic work drawing on diverse teams.

    The position requires a motivated professional with a Masters degree or above (PhD preferred) in Economics from a reputable university and at least 5 years of work experience, with a focus on fiscal policy or macroeconomic policy as well as strong interpersonal and team working skills.

  • Practical application of economic discipline in the World Bank / Pakistani context;
  • Understanding of Bank policies and practices related to macroeconomic and fiscal management work;
  • Knowledge of econometric and statistical analysis techniques and of related principles underlying Bank economic work;
  • Previous macroeconomic or fiscal policy work experience in Pakistan;
  • Strong analytical and conceptual skills;
  • Ability to work flexibly on a range of assignments, showing a strong drive for results and ability to adjust to and prioritize among a variety of complex evolving tasks;
  • Ability to lead or contribute to analytical tasks;
  • Strong interpersonal skills and ability to develop effective relations within and outside the Bank;
  • Strong written and verbal communications, with strong command of English language;
  • Povertyhas no borders, neither does excellence. We succeed because of our differencesand we continuously search for qualified individuals with diverse backgroundsfrom around the globe.

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