Economist - Washington, United States - World Bank Group

World Bank Group

Verified Company

Washington, United States

1 week ago

Posted by:

Mark Lane

beBee recruiter

Description

Job #:

- req27393
Organization:

IFC
Sector:
Economics
Grade:
GF
Term Duration:
3 years 0 months
Recruitment Type:
International Recruitment
Location:
Washington, DC,United States
Required Language(s):
English
Preferred Language(s):

Closing Date:

5/20/2024 (MM/DD/YYYY) at 11:59pm UTC
Description

The Development Impact Measurement Department (CDI) within the Economics and Private Sector Vice Presidency (CEDVP) analyzes economic sectors with a view to identifying opportunities and solutions for private sector development and works closely with IFC Operations.

It provides technical support to operations related to structuring, appraising, and monitoring investment and advisory projects and is responsible for reporting on IFC's impact.

The department is in charge of implementing the ex-ante project assessment framework (Anticipated Impact Measurement and Monitoring, AIMM), monitoring and evaluating impact of both investments and advisory projects, helping to ensure high-quality economic support for IFC investment teams on strategies and projects, and developing sector economic analyses with a focus on solutions for private sector development.

In short, the department offers "end-to-end" support and impact assessments for IFC investments and advisory services, engaging upstream and downstream throughout the project cycle.

CDI staff comprise mainly sector economists and results measurement specialists assigned to units organized along IFC industry groupings.

These include units for Manufacturing, Agribusiness, and Services (CDIMA); Financial Institutions (CDIFI); Infrastructure (CDIIN); and Funds and Disruptive Technology (CDIDF).

The department also includes staff working on economic modeling, results measurement, corporate reporting and sustainability, that support all industry groups (CDIIM).

The CDIMA team is in charge of implementing CDI mandates and deliverables described above in relation to investment and advisory projects across Manufacturing, Agribusiness and Services comprising health, education, tourism, retail and properties (collectively, MAS).

Duties and Accountabilities

Undertake exante development impact assessments of investment projects in MAS sectors with a focus on services, and generate economic input into investment approval reports. This includes implementing AIMM to analyze, rate and articulate project impacts.
Contribute to shape continuous improvement of results by monitoring project impact expost, and providing feedback and lessons learnt to MAS operations teams.
Support the ongoing AIMM sector updates to reflect changing corporate priorities and new types of investments responding to emerging global challenges in existing sector frameworks.
Monitor global trends affecting MAS corporates with a focus on firms operating in services sectors in emerging markets, and advance the ongoing refinement of impact measurement methodologies to fully account for these issues.
Support ongoing analytical work analyzing trends and developments in MAS sectors on the global and country level and producing reports with a focus on challenges, priorities, and opportunities for market creation and private sector development in these sectors.
Contribute to ongoing impact evaluations with the objective to enhance the feedback loop in IFC's MAS operations and influence project designs to strengthen development impact.
Prepare briefs, reports, and presentations to IFC senior management and the Board as well as external stakeholders.
Perform other tasks as requested by CDI management.

Selection Criteria

A post graduate degree in Economics or closely related field with solid training in quantitative and qualitative research methods. A Ph.

D. in economics with at least 2 years of relevant experience would be a plus.

At least 6 years of experience pertaining to economic analysis of MAS sectors (sector dynamics, emerging trends, development impacts), demonstrating analytical and research skills, including track record of working on preparing economic papers and sector strategies in areas related to one or more of these sectors.
Strong understanding of one or more MAS sectors, the determinants of sector competitiveness and the impacts and implications of different economic policy frameworks. Experience in services sectors is a plus.
Experience in development impact measurement of private sector investment projects in DFIs. This includes design of development impact assessment frameworks, understanding of private sector development in emerging markets, and assessing the development impact of private sector investments. Knowledge of IFC and its processes is a strong plus.
Familiarity with academic and business literature, databases and other sources of information on one or more CDIMA sectors (with a focus on services sectors), demonstrated through the preparation of reports and economic papers, and an ability to i