Economist- Macroeconomics, Trade and Investment (WBG Young Professionals Program)

Do you want to join a diverse group of professionals who help change the world?

The World Bank Group (WBG) is 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.

Our Young Professionals Program (WBG YPP) is an exciting way to start a career with the World Bank Group. For close to 60 years, the program has recruited some of the brightest young minds to contribute to our top priorities, from poverty eradication, social development, and climate change to the current response to the COVID-19 crisis. 

From June 15 - July 15, Economists with specialization in Macroeconomics, Trade and Investment , and the WBG YPP qualifications below are encouraged to apply to the WBG YPP at www.worldbank.org/ypp

We are looking for individuals who demonstrate a passion for international development, graduate level education, relevant professional experience, and the potential to grow into leadership roles across the World Bank Group. 

Description

The Macroeconomics, Trade, and Investment (MTI) Global Practice leads the World Bank Group’s dialogue and engagement with clients throughout the globe in macroeconomics, fiscal policy, trade, competition, and investment. MTI links macroeconomic dialogue with programs focused on expanding the role of the private sector in economic development. In our day-to-day engagement with countries, we support Ministries of Finance, Trade, Economy and Planning in their pursuit of reform agendas conducive to strengthening inclusive growth led by the private sector.

YPP Selection Criteria

• Born on or after October 1, 1990
• Relevant Master’s by September 2022 OR PhD by September 2023
• 3+ years of relevant experience or continued study at the doctoral level
• Fluency in English

PROFILES

• Macroeconomist - Ph.D or Master’s degree in Economics with a focus in macroeconomics (including fiscal policy and economic growth) with experience working with economic data and state of the art analytical tools—including models to conduct economic/econometric analyses—with high-quality written outputs. 
• Trade Economist - Ph.D or Master’s degree in Trade Economics with focus in trade diagnostics, trade policy and cooperation, trade facilitation and logistics, global value chains, export diversification and sophistication, services trade and regulation, and regional integration. 

Desired Qualifications:

Strong macroeconomists with proven analytical skills and impact including research and/or direct policy making experience.   

• M.A. or Ph.D with strong skills in at least one of the following fields: 
  • Macroeconomics (i.e., macro modelling, fiscal and debt sustainability, public finance, financial markets, monetary and exchange rate economics, green growth/green fiscal policy, labor market, and climate economics), international economics, growth economics (theory and empirics), and quantitative analysis.  
• Knowledge and Experience in Development Arena - Understands policy making process; distills operationally relevant policy recommendations for clients. 
• Policy Dialogue Skills - Identifies and assesses policy issues and plays an active role in the dialogue with the government and/or other stakeholders. 
• Integrative Skills - Working to develop an integrated view across all facets of economic macroeconomics and fiscal management and its relations with economic growth. 
• Macroeconomic Skills and Country Economics Experience - Demonstrates economic modeling skills and knowledge and has sophisticated understanding of the fit and relations among real, monetary, trade, debt, and balance of payments accounts. 
• Written and Verbal Communication - Delivers information effectively in support of team or working group. 
• Lead and Innovate - Develops innovative solutions. 
• Deliver Results for Clients - Proactively addresses clients stated and unstated needs.  

World Bank Group Core Competencies 

• Policy Dialogue Skills - Anticipates needs and requests in the field and conducts independent policy discussions with representatives of the government and non-government partners.
• Integrative Skills - Understands relevant cross-sectoral areas how they are interrelated; able to undertake cross-sectoral work in lending and non-lending operations.
• Project Design for Impact and Sustainability - Contributes to the design of projects and programs based on an understanding of the country and sector context.
• Sector Dialogue - Able to conduct a dialogue with the client including on complex issues, based on a solid understanding of the sector.
• Client Orientation - Maintains client relationships in the face of conflicting demands or directions, and provides evidence-based advice and solutions based on sound diagnosis and knowledge.
• Drive for Results - Identifies the needed resources to accomplish results involving multiple stakeholders and finds solutions to obstacles affecting key deliverables.
• Teamwork (Collaboration) and Inclusion - Shows leadership in ensuring the team stays organized and focused, and actively seeks and considers diverse ideas and approaches.
• Knowledge, Learning, and Communication - Leads in the sharing of best practice, trends, knowledge and lessons learned across units and with clients and partners, articulating ideas verbally and in writing in a clear and compelling way across audiences of varied levels.
• Business Judgment and Analytical Decision Making - Gathers inputs, assesses risk, considers impact and articulates benefits of decisions for internal and external stakeholders over the long term.

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.

Learn more about working at the World Bank, IFC and MIGA including our values and inspiring stories.