Country Economist Senior Specialist or Specialist

Inter-American Development Bank, Barbados

Skill Required:, Finance and Accounts
Preferred Experience: 
5 years
Closing Date for Applications: 
31st December, 2020

Job Description

The team’s mission:

CCB is responsible for the promotion and development of Bank country strategies and programming in Barbados, Guyana, Jamaica, Suriname, The Bahamas, and Trinidad and Tobago. The department supports the processing, negotiation, and administration of regional and country-specific projects and programs; leading and maintaining the relations of the IDB with member countries; supporting the implementation of country-specific operations; promoting and coordinating the use of the funds administered by the Bank or under parallel financing agreements and monitoring the operation-related procurement activities of Bank borrowers and beneficiaries.

CCB is transforming the way it conducts business to effectively and efficiently serve its clients. The department strives to improve lives in the Caribbean by creating vibrant and sustainable economies where people are safe, productive, and happy.
What you’ll do:

Serve as a focal point for matters dealing with the socio-economic situation and outlook, public policies, and development challenges of Barbados and one other CCB country:

  • Carry out macroeconomic surveillance and policy analysis, including the preparation of macroeconomic assessments (especially fiscal and external sustainability analyses) and financing need forecasts.
  • Lead the country-specific knowledge program for Barbados and one other CCB country, contributing to the development of new tools, products, and methodologies.
  • Liaise with other areas in the IDB Group for the development of the country-specific knowledge program(s). Coordinate with and support sector specialists in the elaboration of sector studies, ensuring that policy recommendations or sectoral and multisectoral actions reflect the reality of Barbados and the other assigned country.
  • Design, coordinate, and carry out research on issues of importance to the economic and social development of the assigned countries and the region.
  • Share and promote research and economic policy perspectives of the IDB Group including CCB specific perspectives with CCB internal team members as well as with clients using digital media such as Slack, LinkedIn, Twitter, Webcasts, Video Chats, Online Forums, and Massive Online Open Courses (MOOCs).
  • Prepare periodic briefings for management and support the promulgation of a data-driven decision-making culture. Support the development of the country strategy and the programming process.
  • Support the work of the IDB Group in promoting holistic, multi-sectoral development solutions.
  • Lead activities related to the analysis of economic, social, and political trends of the assigned countries and participate in strategy and policy dialogue between the Bank, the client, and stakeholders and participate in the programming process by identifying operational opportunities and risks.
  • Identify research topics for the Bank’s dialogue and for the design and implementation of a joint country program.
  • Coordinate the evaluation, preparation, and monitoring of progress and results of the Country Strategy. Articulate and participate in the dialogue with counterparts on policies and reforms in strategic areas identified by the Representative; support dialogue with the private sector and with other relevant counterparts.

Enhance the quality of the Bank’s operational outputs:

  • Provide inputs and quality control throughout the project cycle on issues of economic relevance ensuring project alignment to the Country Strategy and the Results Matrix.
  • Apply economic theory, research, and policy to challenging development scenarios through collaboration with technical and operational team members, as well as clients of the IDB Group.
  • Collaborate closely with Bank teams to bridge the gap between research and development applications for ensuring impact and relevance.
  • Serve as member of project teams when major macroeconomic issues are involved.

What you’ll need:

  • Education: A Master's degree or higher (or equivalent) in Economics is required. PhD is preferred.
  • Experience: A minimum of five (5) years of relevant experience, working in operational teams is required. Expertise in policy issues and development problems in the Latin American and Caribbean Region is required, along with a proven ability to perform analysis of social, political, and economic conditions and risks, as well as to conduct applied research on economic development issues. Have a demonstrated thorough knowledge of economic development, with capabilities in research, blended finance, and motivation to be involved in operational work that drives impact.

The ideal candidate must:

  • Demonstrate enthusiasm for development and leading change, excellent verbal and written communication skills, creative, relationship building, and strong policy skills.
  • Be driven, a team player, and a high-energy professional with digital literacy skills.
  • Possess an agile mindset aimed at meeting client needs and promoting innovative solutions to regional development challenges.
  • Languages: Excellent oral and written communication skills in English are required. Oral and written proficiency in a second Bank language (Spanish, French, or Portuguese) is also required.


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