Economist - Pretoria, South Africa - IFC Systems Corporation

Thabo Mthembu

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Thabo Mthembu

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Description

Economist

Job #:

- req22672
Organization:


  • World Bank
    Sector:
  • Economics
    Grade:
  • GF
    Term Duration:
  • 3 years 0 months
    Recruitment Type:
  • Local Recruitment
    Location:
  • Pretoria,South Africa
    Required Language(s):
  • English
    Preferred Language(s):

Closing Date:


  • 5/26/2023 (MM/DD/YYYY) at 11:59pm UTC
    Description

THE ROLE OF THE GLOBAL PRACTICE FOR MACROECONOMICS, TRADE and INVESTMENT (MTI) IN THE WBG


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.


REGIONAL AND COUNTRY CONTEXT
The World Bank Group is committed to achieving diversity in terms of race, gender, nationality, culture, and educational background. Individuals with disabilities are equally encouraged to apply.


Roles & Responsibilities


The Economist will be responsible for the monitoring and assessment of macroeconomic developments in South Africa and other SACU countries and will also contribute to the preparation and supervision of the MTI's work program working closely with the Lead Economist covering the region as well as the Country Management Unit for SACU.


Specifically, the Economist will:

  • Monitor developments in the economy, research and analyze the country's economic, financial and sector issues;
  • Maintain macroeconomic databases and regularly prepare updated mediumterm macroeconomic projections. Use/run economic/financial models and toolkits using existing software packages, or Bank's own models;
  • Participate in the design, preparation and dissemination of analytical economic work and reporting on South Africa and SACU countries, including country economic updates; and coordinate the preparation of the Country Policy and Institutional Assessments (CPIA);
  • Prepare briefs and analytical notes and contribute to the writing of sections in analytical reports;
  • Support the Country Management Unit (CMU) in the implementation of the World Bank's program in the region.
  • Engage in policy dialogue with governments in coordination with the Lead Economist and country economists;
  • Develop and maintain active engagement with other development partners and local think tanks and researchers.
  • Work across countries as needed as part of the global MTI team.

Selection Criteria

  • Minimum of a Master's Degree in Economics with at least 5 years of relevant work experience (PhD Preferred).
  • Technical Proficiency: Skills and experience in working on economic policy issues and data analysis. Proven strong conceptual, analytical and evaluative skills in these areas.
  • Communication and

Team Skills:
High level of personal and professional integrity. Self-starter. Strong ability to function well in a multi
- cultural environment, and working in teams.

  • Resultsoriented personality with proven problemsolving skills, and strong communication skills.
  • Computer Skills: Proficiency in Excel, and familiarity with econometric software such as E-Views, STATA or other statistical packages is essential.

Required Competencies

  • General Economic Knowledge and Analytical Skills
  • Possesses a track record of intellectual leadership and ability to integrate economicspecific knowledge and specific micro/sector fields of expertise; provides quality assurance and assesses technical soundness of work/reports.
  • Knowledge and Experience in the Development Arena
  • Influences the design and execution of major policy and/or research initiatives; conceives and promotes innovations in development policies, project design, organization and management to improve operational and sector work.


  • Policy Dialogue Skills

  • Has a track record of conducting effective policy dialogue with country counterparts; communicates and defends di

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