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E T Consultant - Economics
International Finance Corporation (IFC)
Economics
Consultancy
Job Expired 17 Apr 2024
Expired
Posted 1 month ago
Job Description

Description

IFC—a member of the World Bank Group—is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities in developing countries. In fiscal year 2023, IFC committed a record $43.7 billion to private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity as economies grapple with the impacts of global compounding crises. For more information, visit www.ifc.org.

The Economic and Market Research Department (CER) focuses on operationally relevant research on firms and private sector development in emerging and low-income developing economies. This includes overseeing country private sector diagnostics, working to identify the most impactful business opportunities, creating a series of reports, undertaking research for peer-reviewed journals, organizing conferences with academia, and providing analytical input to guide IFC’s strategy. 

The Department is seeking to recruit an Extended Term Contract (ETC) to contribute to the new Country Private Sector Diagnostic (CPSD 2.0), including its underlying sector analysis. The CPSD 2.0 is a core diagnostic of the World Bank Group, prepared jointly with staff of the World Bank.  It identifies, at the country level, sectors or sub sectors with unrealized private investment potential and makes concrete and operationally relevant recommendations to alleviate constraints that hold back private investment that might otherwise result in economic growth and job creation. 

The position is based at IFC’s headquarters in Washington, D.C.

Duties and Accountabilities 

Reporting to the relevant project leader (PL), the candidate will support CPSD or sectoral teams by: (i) engaging independently in analysis and tasks requiring the interpretation of complex or imperfect sets of information; (ii) conducting substantive empirical based analytical work, particularly at the level of economic sectors and subsectors; (iii) demonstrating good command of the economics of a particular sector and key drivers of sector growth, productivity, profitability and efficiency; and (iv) presenting analysis in concise and clear written formats.

Selection Criteria

The successful candidate should have a master’s degree in Economics, Finance, Business or a related field and at least three years of relevant work experience.  
The candidate should have a solid understanding of key drivers of and approaches to fostering private-sector led economic growth in emerging markets/developing countries and key tools to create and promote efficient private markets. 
The candidate should have:
(i) Solid knowledge of economic concepts and frameworks and analytical skills to identify drivers and bottlenecks to development and functioning of a particular sector/market; 
(ii) Country and regional knowledge, including a solid understanding of country macroeconomic fundamentals, comparative advantages, and the role of the private sector; 
(iii) Ability to systematically identify the key drivers and constraints to developing the private sector; and
(iv) Policy and regulatory toolbox to address barriers to private sector development. 
S/he should be able to use this knowledge to contribute substantively to country diagnostics, policy notes, strategies on private sector development, and improving the between the enabling environment for private sector development.

World Bank Group Core Competencies

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 and IFC, including our values and inspiring stories.

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