Economist

Job Posting Organization:
The World Bank Group is a prominent global institution established to provide financial and technical assistance to developing countries. Its mission is to end extreme poverty and promote shared prosperity by providing funding and knowledge to help countries address their development challenges. With 189 member countries and over 120 offices worldwide, the World Bank Group operates in various sectors, including economics, health, education, and infrastructure. It is recognized as one of the largest sources of funding and knowledge for developing countries, working in partnership with both public and private sectors to invest in innovative projects that address urgent global challenges. For more information, visit www.worldbank.org.

Job Overview:
The Economist position at the World Bank Group in Harare, Zimbabwe, is a critical role within the Economic Policy (EP) Global Practice. This practice leads the dialogue and engagement with clients on macroeconomic issues, fiscal policy, trade, competition, and investment. The role involves contributing to the Zimbabwe EP work program, which includes macroeconomic analysis, policy dialogue, and technical advice. The Economist will be responsible for monitoring and assessing macroeconomic developments in Zimbabwe, preparing analytical reports, and engaging with various stakeholders, including government officials and development partners. The position requires a strong understanding of the Zimbabwean economy and the ability to translate complex economic data into actionable policy recommendations. The Economist will also support the implementation of the World Bank's programs in Zimbabwe, ensuring that the initiatives align with the country's development goals.

Duties and Responsibilities:
The Economist will have a diverse set of responsibilities, including:

• Monitoring and assessing macroeconomic developments in Zimbabwe, providing insights into the country's economic, financial, and sectoral issues.
• Leading or contributing to the preparation and supervision of the EP work program in Zimbabwe.
• Utilizing economic and financial models to analyze data and inform policy advice.
• Maintaining a comprehensive macroeconomic and financial database, regularly updating medium-term macroeconomic projections.
• Preparing analytical economic reports, including the Zimbabwe Economic Update and Country Economic Memorandum.
• Engaging in policy dialogue with the Zimbabwean government and collaborating with development partners, private sector stakeholders, and local think tanks.
• Supporting the Country Management Unit in implementing the World Bank's Zimbabwe program and monitoring performance under IDA’s Sustainable Development Finance Policy.

Required Qualifications:
Candidates must possess a minimum of a master's degree in Economics, with a PhD preferred. They should have at least five years of relevant work experience, demonstrating strong technical and operational skills in economic policy analysis. Familiarity with the Zimbabwean economy and key economic policies, particularly fiscal and monetary issues, is essential. Candidates should also have proven leadership qualities, effective teamwork skills, and the ability to communicate complex ideas clearly and persuasively to various audiences, including senior public officials.

Educational Background:
The position requires a minimum of a master's degree in Economics. A PhD in Economics is preferred, as it indicates a higher level of expertise and understanding of complex economic theories and practices. Candidates should have a solid foundation in macroeconomics and related fields, which is crucial for analyzing economic policies and their impacts.

Experience:
The ideal candidate should have at least five years of relevant work experience in economic analysis, policy development, or related fields. Experience working on debt and fiscal policy issues is considered a plus. Candidates should demonstrate a strong understanding of the Zimbabwean economy and have experience engaging with government entities and other stakeholders involved in economic policymaking.

Languages:
Fluency in English is mandatory, as the role requires strong communication skills for writing reports and engaging in discussions with various stakeholders. While no additional languages are specified as preferred, knowledge of local languages may be beneficial for engaging with local partners and stakeholders.

Additional Notes:
This position is a local recruitment opportunity with a term duration of three years. The World Bank Group offers a comprehensive benefits package, including a retirement plan, medical, life, and disability insurance, as well as paid leave, including parental leave. The organization is committed to diversity and inclusion, ensuring equal opportunities for all employees regardless of gender, race, ethnicity, or disability.