Thinking of a Career in Emergency Management?
- BY Nicole Pelette
Do you want to build a career that is truly worthwhile? 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. For more information, visit www.worldbank.org.
GLOBAL PRACTICE FOR MACROECONOMICS, TRADE and INVESTMENT:
The Global Practice for Macroeconomics, Trade and Investment (MTI) is a joint World Bank and IFC GP, which comprises about 420 staff working across more than 120 countries. MTI links the macroeconomic dialogue with programs focused on expanding the role of the private sector in economic development, engaging primarily with Ministries of Finance, Trade, Economy and Production to support reform agendas conducive to strengthening inclusive growth led by the private sector.
The Practice houses the Bank’s country economists as well as professional staff with expertise in macroeconomics, fiscal policy, growth and trade. 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 most 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 and client advisory work requiring an integrative function that add to the core MTI expertise, often leading or participating 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.
The South Asia Region (SAR) has the largest concentration of poor people of any region, home to 1.5 billion people with over 1 billion living under $2/day. It has had high growth of 6 percent average annual rate in the last 20 years, despite its poverty, conflict, and instability. The WBG is and will continue to be a key development partner in South Asia. The South Asia Region (SAR) strategy is based on three pillars which are promoting growth, enhancing social inclusion and strengthening climate/environment. The Bank’s support to Pakistan is a critical element of the SAR strategy.
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 new government has a strong mandate for change, while inheriting a poor macroeconomic situation. The government has taken some initial steps to stabilize the economy and is in the process of formulating its economic reforms program, but has already highlighted taxation, SOEs and energy as areas of focus. Pakistan also faces critical challenges on building human capital, gender, climate change and on addressing violence and conflict in some of its regions.
This Country Strategy builds around four pillars (energy, private sector development, service delivery and inclusion) with governance and regional cooperation as cross-cutting issues. In addition, a key part of the Country Strategy will be to leverage other financiers both public and private. Donor coordination (including with the IMF) is critical both for implementation of programs and for strategic collaboration given political economy factors.
The MTI program in Pakistan is large and growing. The team supports reforms through several instruments (DPF, IPF and PfR). It works closely with the IMF and other development partners. The program is particularly strong in the areas of taxation, fiscal federalism, debt management, growth and trade. The team currently consists of a Lead Economist, two Senior Economists, two Economists, a Research Analyst and another economist is being recruited.
The Research Analyst (RA) will be expected to support the rest of the team in the implementation of the growing work program, including economic monitoring and surveillance of Pakistan’s economy, preparation of the Pakistan Development Update, and support the rest of the team with the analytical work being carried out. The RA will be expected to have work experience as a macroeconomist as well as outstanding quantitative skills.
Duties and Accountabilities:
The selected candidate will be expected to:
The position requires a motivated professional with a Master degree in Economics from a reputable university and at least 2 years of work experience, with a focus on fiscal policy or macroeconomic policy as well as strong interpersonal and team working skills, including: