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. For more information, please visit www.worldbank.org
Global practices & cross-cutting solutions areas
The 13 GPs are: Agriculture; Education; Energy and Extractives; Environment and Natural Resources; Finance, Competitiveness and Innovation (FCI); Governance; Health, Nutrition and Population; Macroeconomics, Trade and Investment (MTI); Poverty; Social Protection and Labor; Social, Urban, Rural and Resilience; Transport and ICT; and Water. The 5 CCSAs are: Climate Change; Fragility, Conflict and Violence; Gender; Jobs; and Public-Private Partnerships. The new operating model is part of a broader internal reform aimed at delivering the best of the World Bank Group to our clients, so that together we can achieve the twin goals of (1) ending extreme poverty by 2030, and (2) promote shared prosperity for the bottom 40% of the population in every developing country.
The role of the global practice for Macroeconomics, trade and investment (MTI) in the WBG
On January 1, 2018, Economics, Finance and Institutions (EFI) Vice Presidency created the Macroeconomics, Trade and Investment (MTI) Global Practice. MTI is a joint IBRD and IFC team, comprised of some 450 staff, with almost half of MTI professional staff decentralized to the field working closely with the Country Management Units (CMUs) and in proximity to the clients. MTI houses the Bank’s country economists together with trade economists and specialists, debt and macro modeling experts, competition, business environment and investment policy experts who work together to support countries in their search for private sector led, inclusive growth. MTI offers integrated solutions to macroeconomic and private-sector focused structural reform programs. In doing so, MTI staff often serve integrative functions working closely with other GPs.
MTI staff work across a wide array of Bank instruments ranging from Development Policy Operations to IFC-funded advisory projects, combining the strength of Bank analysis and lending with longstanding IFC expertise in providing implementation support at the country level. MTI staff often lead or participate in the preparation of Strategic Country Diagnostics for both the public and private sectors, as well as other analytic tools such as Country Economic Memorandum and Country Private Sector Diagnostics.
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.
The Government of Mozambique is receiving technical assistance through a World Bank program for Strengthening Economic Management for Inclusive Growth, which is supported by the UK Department for International Development through a trust-fund.
The program has three main components:
- Inclusive growth: to support economic policy making that supports diversified and inclusive growth through analytical work and policy dialogue. The program will also focus on natural resource revenue management issues;
- Public Investment Management (PIM): to develop and support a comprehensive, strategic, and well sequenced PIM reform effort through a focused technical assistance program, including public investment management in SOEs;
- Debt and Fiscal Risk Management: to provide support to strengthen the Government of Mozambique’s debt and fiscal risk management framework (including SOEs and PPPs) and support the implementation of the 2018 SOE law.
In this context, MTI is seeking to recruit a Senior Economist (Fiscal) to work with the Mozambican Ministry of Economy and Finance and the World Bank Task Team in implementing the second and third components of the project. You will also be expected to support the first component.
Duties and Accountabilities
a) Coordinate and provide technical support for the activities under the World Bank/ DFID project for Strengthening Economic Management for Inclusive Growth in the following areas:
• Public investment management;
• Strengthening the medium-term fiscal framework;
• SOE fiscal risk management.
b) Support the MTI macro-monitoring and analytical work program under a number of themes including: inclusive growth analytics, fiscal policy analysis, natural resource revenue management and trade policy as needed.
a) Master’s or PhD degree in economics with at least eight (8) years of relevant professional experience including a track record of using technical assistance to deliver reforms, and high quality analytical and advisory products;
b) Deep technical knowledge and experience in the following areas: public investment management, medium-term fiscal frameworks, and SOE (State Owned Enterprise) performance/ fiscal risk management issues;
c) Strong background in some of the following areas: macroeconomics, macroeconomic forecasting, fiscal analysis and management, debt management and contingent liabilities, and quality of government expenditures;
d) Skills in econometric or modelling analysis and proven ability to interpret policy-relevant research a plus;
e) Integrative capacity including the ability to link sectoral issues within a broader development framework;
f) A focus on results and ability to work well in a team;
g) Excellent oral and written communication skills in English and Portuguese.
Apply For This Job
To apply for this job please visit worldbankgroup.csod.com.
Expiration date: June 23, 2019