Inter-American Development Bank (IDB)

Consultant (Fiscal and Municipal Management in Support to Fulfill Objectives and Goals in Technical Cooperation)

Inter-American Development Bank (IDB)

Job Description

Fiscal and Municipal Management in Support to fulfill objectives and goals in technical cooperation - Consultant Background of this search: The Fiscal Management Division (IFD/FMM) is looking for a professional (international consultant) for the Coordination and monitoring of technical assistance for countries, with experience in support to meet objectives and goals proposed by the Inter-American Development Bank (IDB or Bank).

Established in 1959, IDB is the main source of financing for economic, social and institutional development in Latin America and the Caribbean. It provides loans, grants, guarantees, policy advice and technical assistance to the public and private sectors of its borrowing countries.

IFD/FMM main purpose is to support the governments of Latin America and the Caribbean to strengthen fiscal policy and management, both nationally and sub nationally, in order to promote economic growth and the reduction of inequity and poverty. To support countries in this task, IFD/FMM funds development-promoting projects through the following areas: (i) tax policy and Administration; (ii) public expenditure policy and management; (iii) subnational fiscal policy and management; (iv) fiscal and macro-fiscal policy sustainability; and (v) fiscal transparency.

The process of fiscal consolidation that Latin American economies are undergoing is more relevant today than ever under the new social and fiscal scenario imposed by the Covid-19 pandemic. The measures being taken by the region's governments to deal with this emergency include significant but necessary increases in their level of debt. This will largely shape the region's fiscal scenario in the coming years, as well as the pace of its economic recovery.

Under these circumstances, helping countries to implement post-crisis reforms that allow for the generation of sustainable fiscal revenues as well as rationalization and effectiveness of public spending is extremely important. This could not only set the pace to reactivate the economy and the welfare of the population, while at the same time reaching new levels of sustainable debt consistent with the level of long-term growth of the economies. Since the extractive sector is highly relevant to several economies in the region, it is an important source of the tax revenues, particularly hydrocarbons and mining. These industries will remain critical to allow not only the process of fiscal consolidation but also the recovery of the fiscal capacity. However, the sector faces challenges in the context of the crisis generated by the COVID-19 due to the drop in global demand that caused a high price volatility. This affects its complex productive structure involving large investments that take time to become profitable.

Against this background it is a critical moment to enhance the understanding of tax regimes and their administration to take advantage of their potential to generate equitable and non-distorting revenues by the state in a time of great need. Likewise, it is important to help the countries of the region to manage their extractive sectors more efficiently and make more effective use of their revenues in order to improve their performance and also to mitigate their vulnerability to episodes of extreme volatility.

Given all the mentioned above, the IDB approved the Regional Technical Cooperation ATN/OC15740-RG (RG-T2315), Fiscal strengthening support to Caribbean countries and ATN/OC-16835-RG (RG-T3198), Institutional Structuring of Tax Administrations under a New Digital Tax System. The overall objective of the Technical Cooperation (TC) is to support Caribbean governments efforts to achieve sustainable improvements in their fiscal Management Systems specifically related to tax administration and policy, budget policy and financial management, and public investment. Since the extractive sector plays a relevant role in many of the Caribbean countries, the work will focus on improving their performance of the fiscal framework for extractives industries trough a deep Analysis of the extractive industry in LAC and explore the institutional adjustments that tax administrations are carrying out in view of the new tax system that using the new information technologies is increasingly being digitized.

The team´s mission: IFD/FMM in the Institutions for Development Sector main areas of work are tax policy and administration, public expenditure policy and management, subnational fiscal policy and management, fiscal sustainability as well as macro-fiscal policy and fiscal transparency. To this end, activities related to tax administration include digitalization and reform projects, the facilitation of behavioral insights, advisory and technical assistance on specific issues as well knowledge generation to guide our evidence-based interventions and learn from our work.

What you’ll do: Assist in activities related to the crisis generated by the COVID-19 pandemic and the effects in the Caribbean countries:
  • First activity: Support collecting information to assess the impact of the crisis in the economy of the Caribbean countries pre-COVID and post-COVID.
  • Second activity: Support in the elaboration of documents about better management of resources and fiscal regimes in the new post-crisis scenario.
  • Third activity: Measure the impact in the Caribbean economies due to the reduced demand on tourism and also minerals due to the COVID emergency.
  • Forth activity: Assist in the assembling of Dynamic General Equilibrium Models to estimate the impact of measures post-COVID in the Caribbean Region.
  • Fifth activity: General support in the activities of the TC and promote further actions to ensure the fulfillment of its goals.
To build on the understanding of the best practices in fiscal risk management of Extractive Industries:
  • Support in the elaboration of fiscal databases of extractive industries.
  • Support the production of research papers on best practices in fiscal risk management for extractive industries, tax treatment and sovereign wealth funds.
  • Support in the literature review in how to boost the performance of the region's extractive industries in the current economic turmoil.
  • Support the organization of knowledge dissemination events to increase awareness of the fiscal revenues in the extractives industries.
  • General support in the activities of the TC and promote further actions to ensure the fulfillment of its goals.
  • Provide Technical Support, if necessary, regarding fiscal implications of extractive industries for operations or other technical cooperation activities of IFD/FMM Division.
  • Support the involvement of IFD/FMM Division on all other instances within the IDB and with other countries and international organizations where extractives industries are considered to raise awareness regarding their fiscal impacts and the need of good fiscal management.
What you’ll need:
  • Citizenship: You are a citizen of one of our 48-member countries. We may offer assistance with relocation and visa applications for you and your eligible dependents.
  • Consanguinity: You have no family members (up to fourth degree of consanguinity and second degree of affinity, including spouse) working at the IDB Group.
  • Education: The candidate should have a degree in Public Policy, Economics, or related field
  • Experience: At least 4 years of related work experience: Fiscal policy, macroeconomics and computable general equilibrium models. Proficiency in word processing, database and computer skills. Experience working with MS Excel, Matlab, Stata and Eviews. Excellent research, interpersonal and communication skills. Ability to work with a team and take proactive approach. Experience organizing events, workshops and seminars.
  • Languages: English and Spanish oral and written.
Core and Technical Competencies:
  • To make a literature review of the existing tax regimes in the region.
  • Build a database to characterize the main fiscal regimes of extractive industries.
  • Build a database to characterize tax expenditure in the region.
  • Construction of a computable general equilibrium model that allows the analysis of the macroeconomic impact of the different fiscal regimes.
  • Estimation of the fiscal cost of tax expenditure at the regional level.
  • To support the elaboration of research documents on the subject.
Opportunity Summary:
  • Type of contract and modality: Consultant Full time.
  • Length of contract: 4 months.
  • Location: IDB headquarters. The consultant will participate with IDB staff in missions or with other independent consultants by request of the IDB when necessary within the period of the contract. Travel expenses will be in accordance with the Bank’s travel policies.
  • Responsible person: The consultancy will be coordinated by Lead Fiscal Economists of the Fiscal Management Division.
  • Requirements: You must be a citizen of one of the IDB’s 48 member countries and have no family members currently working at the IDB Group.
Our culture: Our people are committed and passionate about improving lives in Latin-America and the Caribbean, and they get to do what they love in a diverse, collaborative and stimulating work environment. We are the first Latin American and Caribbean development institution to be awarded the EDGE certification, recognizing our strong commitment to gender equality. As an employee you can be part of internal resource groups that connect our diverse community around common interests. We encourage women, afro-descendants, people of indigenous origins, and persons with disabilities to apply. About us: At the IDB, we’re committed to improving lives. Since 1959, we’ve been a leading source of long-term financing for economic, social, and institutional development in Latin America and the Caribbean. We do more than lending though. We partner with our 48-member countries to provide Latin America and the Caribbean with cutting-edge research about relevant development issues, policy advice to inform their decisions, and technical assistance to improve on the planning and execution of projects. For this, we need people who not only have the right skills, but also are passionate about improving lives.

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