E T Consultant (Fiscal Economist)

E T Consultant (Fiscal Economist) Job #: req30438 Organization: World Bank Sector: Economics Grade: EC3 Term Duration: 1 year 0 months Recruitment Type: Local Recruitment Location: Washington, DC,United States Required Language(s): English Preferred Language(s): Spanish, French or Portuguese Closing Date: 12/6/2024 (MM/DD/YYYY) at 11:59pm UTC Description Do you want to build a career that is truly worthwhile?
Working at the World Bank Group provides a unique opportunity for you to help our clients solve their greatest development challenges.
The World Bank Group is one of the largest sources of funding and knowledge for developing countries; 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.
Please visit www.worldbank.org.
The World Bank's Economic Policies Global Practice (EP) provides broad macroeconomic analysis in support of countries' economic programs, including the analysis of macro-financial risks, and macroeconomic modelling services to the rest of the WBG.
EP supports sound fiscal frameworks and fiscal risk management as well as better institutions and capacity on debt management to improve efficiency of public spending and bolster macroeconomic stability.
EP brings together about 530 professionals working across more than 100 countries.
The Global Practice houses the Bank's country economists and professional staff with expertise in macroeconomics, fiscal policy, growth, and statistics.
About fifty percent of EP professional staff are decentralized to the field, working closely with the Country Management Units (CMUs) and directly with clients.
EP is responsible for delivering timely policy advice to support the following lines of work: (i) designing macro-fiscal frameworks that are aligned with the goals of reducing extreme poverty and boosting shared prosperity, as well as being grounded in economic, social and environmental sustainability; (ii) supporting fiscal and debt policy sustainability; (iii) generating growth analytics and policy recommendations to sustain and boost growth; and (iv) analyzing the impact of external shocks and climate change risks on growth and the government fiscal position.
EP professionals are responsible for the preparation and delivery of Development Policy Operations using both IDA and IBRD resources, and lead or participate in the preparation of Advisory Services and Analytics, Technical Assistance and integrative outputs such as Strategic Country Diagnostics, Country Economic Memorandums and cross-sector Public Finance Reviews.
Within EP, the Fiscal Policy Unit (EMFTX) effectively supports World Bank Group operations to strengthen countries' efforts in utilizing tax and expenditure policy, managing fiscal risks, and planning for fiscal sustainability to promote equitable, sustainable growth and support macroeconomic stability.
Additionally, the unit works on the climate-fiscal policy nexus, providing guidance on climate-smart tax and expenditure policies that foster growth-friendly climate adaptation and mitigation.
As a Global Unit, EMFTX offers technical advice, support, and thought leadership on these issues to the GP's operational work across Regions.
EMFTX also engages with development partners and other stakeholders in the global dialogue on fiscal and climate issues.
It collaborates closely with other Global Practices within the Vice Presidency for Equitable Growth, Finance, and Institutions and with various WBG units.
The fiscal policy work covers overall fiscal policy design, public expenditure policies, and domestic revenue mobilization.
This work includes: • Preparation of analytic work, guidelines, tools, and data that support the Bank's global engagement and the work by regional units on fiscal policy issues and quality of spending, domestic resource mobilization, and climate.
• Development and management of fiscal datasets, and the Public Finance Review (PFR) Platform, incorporating data to analyze tax policies and climate-related fiscal impacts.
• Quality review and support for the Bank's operational work, such as PFRs and DPFs, with attention to tax analysis, climate-related fiscal considerations, and sustainable growth.
• Fundraising and management of Fiscal Policy Umbrella trust funds, including support for projects focused on tax reform, climate resilience, and climate-sensitive fiscal strategies.
• Cross-support to regional teams on fiscal policy issues in PFRs, Country Economic Memorandums (CEM), Country Climate Development Reports (CCDR), integrating tax analysis and climate considerations into fiscal recommendations.
• Knowledge management and sharing on fiscal policy issues, with a focus on tax policy, climate-fiscal strategies, and their impact on growth and sustainability.
• Providing inputs to and managing fiscal policy aspects of corporate initiatives.
• Collaborating with international stakeholders, such as the IMF and the OECD, on fiscal policy issues, emphasizing tax analysis and the integration of climate considerations in fiscal policies.
POSITION The Economic Policies Global Practice (EP) is seeking to recruit a highly qualified candidate for the position of Extended Term Consultant (ETC) to work in EP's unit for Fiscal Policy" (EMFTX).
The position is based in Washington D.C., USA.
The Extended Term Consultant will work on fiscal policy and sustainable long-term growth issues, with a focus on building, managing, and analyzing fiscal data for Public Finance Reviews, data analytics, and data innovation.
They will be an integral part of the EP GP's wider work on fiscal policy and sustainable growth and will report to the Manager of EP's Global Unit, EMFTX.
Duties and Responsibilities The Extended Term Consultant is expected to contribute to or lead work in the following areas: • Provide advice and support to country teams on expenditure and revenue data and policy issues, including fiscal policy/climate nexus, in the context of Public Finance Reviews (PFRs) Development Policy Operations (DPOs), and related analytics.
• Further develop and enhance the unit's Boost Program and Public Finance Review platform, including the preparation and update of guidance notes, databases, and tools expanding both country coverage, integration of revenue data, collaborate on cross GP efforts (education, climate, etc.
), support with data collection for fiscal resilience program and consistency with Augmented Global Fiscal Survey to create a global database in support of PFRs and country economists.
• Collect, analyze, and manage fiscal data in support of Public Finance Reviews and develop, maintain, and share fiscal policy tools with MTI country economists.
• Contribute to applied fiscal policy and macroeconomic research on the quality of public expenditure, domestic resource mobilization, and climate.
• Other tasks, including operational cross-support for country work.
Selection Criteria An advanced degree (MA/MS) in economics or a closely related discipline with a focus on international development, is preferred.
• At least 5 years of experience working with budgetary and other fiscal data, using a range of database and econometric software and applying advanced analytics skills to build and enable data analytics solutions.
• In-depth knowledge and significant exposure working with BOOST for collecting and analyzing fiscal data.
• Strong analytical background with the ability to do high-level research, analyses, diagnoses, and propose solutions to complex problems.
• Experience working on PERs/PFRs is highly preferred.
• Excellent English writing and speaking skills in a concise, well-structured style and proficiency in at least one language between Spanish or French to engage in extensive BOOST portfolios in regions requiring such proficiency.
• Ability to interpret and curate raw data and proficiency in Excel and STATA.
• Strong communication skills to write and express complex economic ideas to different audiences, including the general public.
• Creativity, initiative, and ability to work in teams.
• Commitment to high-quality products and respect for deadlines.
• Ability to work under pressure, work flexibly on various assignments, adjust to changing needs, and prioritize evolving tasks.
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.
Note: The selected candidate will be offered a one-year appointment, renewable at the discretion of the World Bank Group, and subject to a lifetime maximum ET appointment of three years.
If an ET appointment ends before a full year, it is considered as a full year toward the lifetime maximum.
Former and current ET staff who have completed all or any portion of their third-year ET appointment are not eligible for future ET appointments.