Lowongan Kerja Economist The World Bank Group Jakarta Oktober 201923 Agustus 2019 The World Bank Group Jakarta
Rekrutmen The World Bank Group 2019 - The World Bank Group kembali memberi peluang karir bagi Kalian melalui Lowongan Kerja Terbaru untuk menempati posisi jabatan sebagai Economist yang akan ditempatkan di Jakarta. Silakan simak persyaratan rekrutmen selengkapnya di bawah ini :
Rekrutmen The World Bank Group 2019Deskripsi Lowongan Kerja Economist Jakarta Terbaru
EconomistJob #: req4092
Organization: World Bank
Term Duration: 2 years 0 months
Recruitment Type: Local Recruitment
Location: Jakarta, Indonesia
Required Language(s): English
Closing Date: 9/5/2019 (MM/DD/YYYY) at 11:59pm UTC
About the World Bank Group:
Established in 1944, the WBG is one of the world’s largest sources of funding and knowledge for development solutions. In fiscal year 2018, the WBG committed $67 billion in loans, grants, equity investments and guarantees to its members and private businesses, of which $24 billion was concessional finance to its poorest members. It is governed by 188-member countries and delivers services out of 120 offices with nearly 15,000 staff located globally.
The WBG consists of five specialized institutions: the International Bank for Reconstruction and Development (IBRD), the International Development Association (IDA), the International Finance Corporation (IFC), the Multilateral Investment Guarantee Agency (MIGA), and the International Centre for the Settlement of Investment Disputes (ICSID). The World Bank is organized into six client-facing Regional Vice-Presidencies, several corporate functions and thirteen Global Practices to bring best-in-class knowledge and solutions to regional and country clients.
GLOBAL PRACTICES & CROSS-CUTTING SOLUTIONS AREAS:
The 13 GPs are: Agriculture; Education; Energy and Extractives; Environment and Natural Resources; Finance, Competitiveness and Innovation (FCI); Governance; Health, Nutrition and Population; Macroeconomics, Trade and Investment (MTI); Poverty; Social Protection and Labor; Social, Urban, Rural and Resilience; Transport and ICT; and Water. The 5 CCSAs are: Climate Change; Fragility, Conflict and Violence; Gender; Jobs; and Public-Private Partnerships. The new operating model is part of a broader internal reform aimed at delivering the best of the World Bank Group to our clients, so that together we can achieve the twin goals of (1) ending extreme poverty by 2030, and (2) promote shared prosperity for the bottom 40% of the population in every developing country.
THE ROLE OF THE GLOBAL PRACTICE FOR MACROECONOMICS, TRADE and INVESTMENT (MTI) IN THE WBG:
On January 1, 2018, Economics, Finance and Institutions (EFI) Vice Presidency created the Macroeconomics, Trade and Investment (MTI) Global Practice. MTI is a joint IBRD and IFC team, comprised of some 450 staff, with almost half of MTI professional staff decentralized to the field working closely with the Country Management Units (CMUs) and in proximity to the clients. MTI houses the Bank’s country economists together with trade economists and specialists, debt and macro modeling experts, competition, business environment and investment policy experts who work together to support countries in their search for private sector led, inclusive growth. MTI offers integrated solutions to macroeconomic and private-sector focused structural reform programs. In doing so, MTI staff often serve integrative functions working closely with other GPs.
MTI staff work across a wide array of Bank instruments ranging from Development Policy Operations to IFC-funded advisory projects, combining the strength of Bank analysis and lending with longstanding IFC expertise in providing implementation support at the country level. MTI staff often lead or participate in the preparation of Strategic Country Diagnostics for both the public and private sectors, as well as other analytic tools such as Country Economic Memorandum and Country Private Sector Diagnostics. Knowledge and learning is a central part of MTI’s work focused on 9 thematic areas: (a) macroeconomics; (b) fiscal policy; (c) growth; (d) economic management in resource rich environments; (e) macroeconomic modelling & statistics; (f) trade and regional integration; (g) competition policy; (h) investment policy and promotion; and (i) business regulation.
COUNTRY CONTEXT, THE MTI PROGRAM AND THE POSITION
The MTI practice is looking for an Economist who will focus on macro-fiscal policy issues. The position is to be based in Jakarta, Indonesia. The selected candidate will be an integral part of the Indonesia country team and MTI global practice and will provide on-site technical assistance with up to half their time to the Fiscal Policy Agency of the Ministry of Finance. The position offers an exciting and rewarding opportunity to join a strong performing team of about 16 MTI staff within a dynamic country office and program. The selected candidate will report to the MTI Practice Manager covering Indonesia.
Contextual background on Indonesia:
Rebounding from the Asian crisis of the late 1990s, Indonesia has emerged as a vibrant and stable democracy and as a self-assured middle-income economy with a fast-growing private sector, and global and regional influence. Over the past decade, Indonesia has seen strong growth and job creation, supporting poverty reduction, but the end of the commodity boom has exposed structural weaknesses. Following the recovery from the Asian financial crisis, annual growth averaged 5.6 percent over 2001-12. Since then, as the external tailwinds of commodity prices and demand have turned into headwinds, growth has slowed, down to 5.2 percent in 2018 and projected to ease to 5.1 percent in 2019. From 1999 to 2018, the poverty rate more than halved to 9.8 percent, largely through sustained growth and job creation. Recently, however, the pace at which poverty is reduced has become slower. The number of vulnerable in 2018 (i.e., those between the poverty line and 1.5 times the line) remains high at 20.2 percent of the population, mainly due to a lack of productive employment and vulnerability to shocks. Together, the poor and vulnerable are 30 percent of the population. Inequality, as measured by the Gini coefficient, increased from 0.30 in 2000 to 0.41 by 2014, but has since declined to 0.38 as of March 2019. Eliminating poverty and increasing shared prosperity in Indonesia requires delivery on three challenges: (a) sustaining economic growth that generates quality jobs, by addressing a broad range of structural weaknesses including infrastructure bottlenecks; (b) improving the quality of spending and access to key services; and (c) enhancing the quality of natural resource governance and management.
The MTI Program:
Strong, effective, macro and fiscal management has a fundamental role in supporting Indonesia to achieve its goals of generating and sharing prosperity in the coming decade and to mitigate and address risks to their sustainability. The MTI engagement in Indonesia is broad, deep and dynamic, aiming to support the ability of the Government of Indonesia to formulate and effectively implement high quality evidence-based macro-fiscal policy and management. The engagement is structured around the following main pillars:
1. Macro management and growth analysis and support; 2. Fiscal policy management and sustainability analysis and support; 3. Trade and investment analysis and support; 4. Natural resource management and green development; 5. Policy-based financing
Activities within these pillars incorporate a mix of business lines from cutting edge and integrative analytical work through to long-term technical assistance and capacity enhancement and support to World Bank financing.
One such capacity enhancement initiative is the SEMEFPA program (Support for Enhanced Macro Economic and Fiscal Policy Analysis). The aim of SEMEFPA is to enhance the capacity of the Government of Indonesia (GoI) for evidence-based macro and fiscal policy making through support to the relevant agencies, in particular the Fiscal Policy Agency (FPA). This program objective aligns with the broader development goal of developing a strong enabling policy environment to support Indonesia’s growth and development outlook.
To achieve these objectives and outcomes, SEMEFPA is comprised of three program areas which include: (A) Thematic work-streams to support policy analysis and development taking the form of projects and just-in-time support; (B) Cross-cutting skills and institutional support; (C) Policy dialogue and outreach, including through the Indonesia Economic Quarterly (IEQ) report.
Duties and Accountabilities:
The Economist would work closely with the MTI team, in particular the Senior Economist leading the macroeconomic work of SEMEFPA and the Lead Economist. He or she would, in particular, play a key role in the delivery of the SEMEFPA program, and support the macroeconomic management pillar of the MTI engagement.
The work program of the Economist will focus on:
Provide on-site technical assistance to FPA on a range of macroeconomic issues such as improving/designing macroeconomic forecasting models and guiding the formulation of policy papers. These will include:
Models and empirical tools. The FPA has a range of macro tools (quantitative and qualitative) to use to formulate policy advice. The Economist will be required to provide technical assistance to improve these tools (example: econometric models);
Macro management, growth and fiscal policy analysis and support. The Economist will work with the broader Indonesia MTI team to deliver high quality quantitative and policy analysis, including contributing to the flagship IEQ report as well as economic modelling and forecasting. Areas of focus will include real sector, prices macro-financial and external sector policy issues. The Economist will also provide economic monitoring and research in the form of ‘think-pieces’, just-in-time policy notes and briefing, and reports, to support the government’s macro policies, and to strengthen the World Bank’s knowledge base.
Institutional strengthening relating to macro-fiscal topical areas. The Economist will contribute as a core SEMEFPA team member to general institutional support, cutting across all topical areas. The Economist will also play an important role in policy dialogue and outreach with key government and development partner counterparts. The selected candidate is also expected to play a role in the development of the SEMEFPA work program and its implementation.
In delivering these work streams, the Economist will:
- Lead or serve as a team member in a delivering a broad range of analytical work and technical assistance, working across multiple Global Practices in the World Bank, and bringing in relevant cross-country experience and appropriate analytical techniques.
- Manage, supervise and quality control the inputs and work of research analysts and consultancies (individuals and firms).
- Play a key role in the policy dialogue with government counterparts, development partners and other stakeholders, including investors, academics and businesses.
- Participate actively in the MTI Global Practice including through knowledge sharing, and by providing support to programs outside Indonesia in other regions.
- He or she may also be required to work on other MTI engagement pillars and work streams as required.
- Masters or PhD in economics or related field.
- At least 5 years of relevant professional experience or equivalent combination of education and experience on macro-fiscal policy and management issues in resource rich contexts (preferably in developing or emerging countries) and broader development policy issues.
- General Economic Knowledge and Analytical Skills: Has excellent quantitative skills and demonstrated track record of working with economic and sectoral data and analytical tools and models to conduct economic analyses and synthesize complex results into user-friendly written outputs for team or stand-alone work.
- Has excellent skills with Microsoft Office, econometric software and other relevant applications, also understands the underlying statistical concepts.
- Knowledge and Experience in Development Arena: Understands policy making process and the role of own sector of expertise in that process. Able to find relevant information/data and examine similar policy questions in multiple regions and to distill operationally relevant recommendations/lessons from his analysis for clients. Familiarity with the current debates, issues, and approaches in the global thinking on growth and poverty reduction is a plus.
- Policy Dialogue Skills: Is able to identify and assess policy issues and communicates findings/points of view verbally and through reports and papers. Plays an active role in the dialogue with the government and/or other stakeholders as part of Bank teams.
- Integrative Skills: Is working to develop a broader view across all facets of current sector. Understands core issues and knows where to get additional expertise
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