This vacancy was initially posted in May and has been re-opened. Candidates who applied to the vacancy in May need not apply again. They will be automatically included in the list of applicants.
World Bank Group Context:
Innovation and partnership bond the five institutions of the World Bank Group (WBG): the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA), which together form the World Bank; the International Finance Corporation (IFC); the Multilateral Investment Guarantee Agency (MIGA); and the International Centre for Settlement of Investment Disputes (ICSID). The World Bank Group is one of the world's largest sources of funding and knowledge for developing countries. It uses financial resources and extensive experience to help poor nations reduce poverty, increase economic growth, and improve the quality of life. The World Bank Group's work focuses on achievement of the eight Millennium Development Goals (MDGs). The goals call for eliminating poverty and achieving inclusive and sustainable globalization. The MDGs lay out a blueprint for the World Bank Group, setting its priorities and measuring its results. The World Bank is the world's largest funder of education; the world's largest external funder of the fight against HIV/AIDS; a leader in the fight against corruption worldwide; a strong supporter of debt relief; and the largest international financier of biodiversity, water supply, and sanitation projects.
Regional Context:
The Europe and Central Asia (ECA) region comprises of 30 extremely diverse clients, with a population of nearly 500 million people. Four of our clients are IDA only and another 5 are IDA blend countries. The remaining 21 are IBRD credit-worthy though not all have active lending programs. Although 10 of our clients have joined the EU and 7 of these have graduated, most continue to remain active recipients of knowledge and/or lending services. CASs/CPSs reflect this strong diversity with substantial variation in lending prospects, but strong demand for Bank technical services is present across the board.
Over the last 20 years of transition, ECA countries have integrated into the global economy across many dimensions such as trade, finance, and labor flows. GDP in the Region grew by two-thirds from 2000 to 2008 ? an enviable growth of an average of 6.5 percent a year. Yet despite this progress, ECA was hit the hardest by the global economic crisis compared to the other regions in the Bank. Growth in the Region, which had peaked at about 7 percent in 2007, fell to a negative 6 percent in 2009.
The financial and economic crisis led to a substantial increase in Bank lending and knowledge activities in all ECA countries, including in several EU members states (e.g., Latvia and Hungary). The crisis helped serve as a powerful reminder of the relevance of the Bank both as an attractive source of funding and a reliable provider of timely and quality advice.
It is projected that ECA is going to be the slowest region to recover from the crisis. Growth in 2010 reached about 4 percent, and prospects for 2011?13 are only slightly better. Based on this changing context, the new ECA strategy is focused on developing a new growth model for the region through:
1. Increasing competitiveness to achieve faster growth.
2. Pursuing social sector reforms and fiscal adjustment to achieve more inclusive growth.
3. Supporting climate action to achieve more sustainable growth.
Even while declining from the heights of the crisis, we expect demand for our lending and advisory services post-crisis to remain strong. But we are constrained in our capacity to respond given budget constraints and a limited IDA and IBRD resource environment. This requires an increased results focus to help direct our resources to where they will have the greatest impact, along with continued emphasis on leveraging partnerships and expanding our fee for services activities in MICs, building on the successful experience in Russia.
Sector Context
The mission of ECA's Sustainable Development Department (ECSSD) is to support the Bank's clients in the region achieve equitable, environmentally and socially sustainable growth and prosperity. ECSSD is responsible for: (i) advising ECA Management on long-term development issues in the sectors of ECSSD expertise, and delivering a broad range of high-quality operational and analytical products, in response to demand from country clients and Country Management Units (CMUs); (ii) overseeing professional development of the ECA staff assigned to the Sustainable Development (SD) Network, including those based in field offices; and (iii) ensuring a proper link with the SD Network in developing a long-term vision and strategy for SD activities Bank wide and in ECA.
The Lead Economist would report jointly to the Director, ECSSD and the Chief Economist, ECA. He/she would also be a member of the ECSSD Extended Department Management Team (consisting of the Director, Sector Managers, Office Manager, Sector Leaders/Country Sector Coordinators, Budget Officer, HR Officer).
Duties
Analytical leadership:
? Provide leadership and strategic vision for the Department's AAA (TA and ESW) program.
? Create and maintain a network of sector economists in the Department which works on economic issues and develops the Department's knowledge and intellectual agenda, with particular attention to climate change and multi-sectoral programs.
? Support ECSSD Sector Managers in ensuring and monitoring the quality of AAA products, in close cooperation with the ECA Chief Economist office.
? Lead on regional studies in the area of sustainable development under the oversight of the ECA Chief Economist, notably on the dissemination of and follow-up to the ECA Climate Change Flagship study.
Operational support:
? Provide guidance to ECSSD task teams on the economics of investment operations, and advise TTLs regarding analytical and/or methodological questions
Outreach.
? Lead the interface with counterparts in other regions' and SDN's Chief Economist offices.
? Liaise with European institutions, think tanks and universities on analytical issues, dissemination, and knowledge sharing.
Criteria
? Advanced degree (Masters or PhD) in economics, finance, or public administration.
? 12-15 years of experience working in SD sectors, including pre-Bank experience.
? Excellent grasp of the economics of cross-cutting themes dealing with climate change, governance, spatial analysis, public expenditure efficiency.
? Multi-regional experience and demonstrated ability to integrate cross-sectoral approaches to achieve sustainable results.
? Experience in Bank operations and familiarity with the full range of Bank products, services, policies, and procedures.
? Experience in country dialogue, through in-depth and continuous involvement in complex policy issues.
? Track record of quality ESW products with demonstrated policy impact.
? Familiarity with EU institutions would be an advantage.
The World Bank Group is committed to achieving diversity in terms of gender, nationality, culture and educational background. Individuals with disabilities are encouraged to apply.
Source: http://www.econ-jobs.com/economics-jobs/lead-economist-2352
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