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23 Nov 2023

Economist at World Bank Group

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Job Description

The World Bank Group (WBG) is a family of five international organizations that make leveraged loans to developing countries. It is the largest and most famous development bank in the world and is an observer at the United Nations Development Group.

Roles and Responsibilities

  • Support the macroeconomic monitoring of Somalia, manage and update the World Bank’s macro and fiscal model (MFMod), and the preparation of the Macro and Poverty Outlook (MPO);
  • Support and coordinate the dialogue on macroeconomic policy and economic growth issues with the Somalia authorities, with the IMF and economic departments of other development agencies and non-government stakeholders;
  • Work with other Global Practices (GPs), analyze challenges to economic growth/productivity and integrates structural, sectoral and macroeconomic issues;
  • Serve as the external focal point on macroeconomic and economic growth issues, working closely with sector specialists;
  • Support core country diagnostics such as Country Economic Memorandums (CEM) and other growth diagnostics, and Public Expenditure Reviews (PER)/Public Finance Reviews (PFR);
  • Support Development Policy Operations or other types of lending operations focused on economic reforms;
  • Support the policy dialogue on debt sustainability and debt transparency, including the implementation of the new Sustainable Development Financing Policy, preparation of Debt Sustainability Analysis (DSA);
  • Coordinate within the country team the preparation of the annual Country Policy and Institutional Assessment (CPIA) exercise;
  • Where relevant, advise sector teams and government authorities on the macroeconomic implications of sector policies and investment decisions, including in the selection and execution of public investments;
  • Provide analytical inputs for and advise the Country Management Unit (CMU) on country strategic engagement and economic policy issues, including through active participation in key review meetings;
  • Support the analytical work program of the CMU, including the preparation of Systematic Country Diagnostic (SCDs), Country Partnership Frameworks (CPFs);
  • Support the Practice Manager and the GP with corporate demands, quality control of deliverables, and the preparation of ad-hoc briefs.

Selection Criteria

  • Minimum of a Master’s degree in economics, with eight (8) years of relevant experience.
  • Fluency in English.
  • Understanding of the Somalia economies and a strong grasp of the developmental issues facing a resource-rich and oil-dependent economy and a small island development country.
  • Knowledge and Experience in the Development Arena – Understands policy-making process; distills operationally relevant recommendations/lessons for clients.
  • Policy Dialogue Skills – Identifies and assesses policy issues and takes a leading role in the dialogue with the government and other stakeholders.
  • Macroeconomic Skills and Country Economics Experience – Has a strong understanding of macroeconomic relationships, and the use of national accounts, balance of payments, fiscal and debt data systems from a data-consumer point of view.
  • Strong communication, writing and presentation skills, in English, including the ability to speak persuasively and to present ideas clearly and concisely with senior policy officials and a wide variety of audiences in both languages.
  • Strong integrative capacities; i.e., ability to identify development challenges and prioritize policy options within a coherent strategic framework.
  • Excellent interpersonal and negotiations skills and ability to work flexibly, creatively and to multitask as the need arises.
  • Strong commitment towards teamwork and knowledge sharing, especially across the WBG!
  • Proven sense of initiative, results orientation, and leadership/coaching qualities.
  • Familiarity with econometric software such as E-Views, STATA or other statistical packages and MS Office programs, including Excel.


Method of Application

Submit your CV and Application on Company Website : Click Here

Closing Date : 6 December. 2023





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