IFC—a sister organization of the World Bank and member of the World Bank Group—is the largest global development institution focused on the private sector in emerging markets. We work with more than 2,000 businesses worldwide, using our capital, expertise, and influence to create markets and opportunities in the toughest areas of the world. In fiscal year 2018, we delivered more than $23 billion in long-term financing for developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity.
The Vice Presidency for Economics and Private Sector Development provides five functions for IFC:
- Country economic analysis;
- global macroeconomic and industry/sector research;
- Sector economic analysis, including ex ante and ex post impact evaluation;
- coordination of World Bank Global Practices on government advisory work on private sector development; and
- thought leadership.
The primary aim of the thought leadership function is to influence thinking outside IFC on the role of the private sector in addressing development challenges and promote IFC as the leader in global private sector development. This involves producing a range of formal and informal publications, including long-form reports, shorter case studies, topic notes, blogs and slide presentations. It also providing inputs to global discussions around key themes, including with World Economic Forum, OECD, UN, G20, think tanks and various private sector networks.
The thought leadership team consists of a small group of economists, who leverage their capacity by partnering with external research institutes and think tanks, staff across the WBG, and short-term consultants. Team members typically work on engagements of 6-12 months duration on specific topics. The Economist would work as part of 1 or 2 engagement teams at any one time. Each team is supported by a Research Assistant.
Duties & Accountabilities
- Undertake literature reviews, data analysis, and conduct research based on IFC and external data sources.
- Write short, non-technical case studies and topic notes for the EMCompass series.
- Contribute to longer reports.
- Manage research activities, including engagement with external research partners and consultants.
- Supervise a research assistant.
- Provide ideas to the thought leadership team to advance IFC’s thought leadership agenda.
- Master's degree in Economics or closely related field with a minimum of 3-7 years of relevant experience, or with PhD and 2-4 years of relevant experience
- Work experience in either private enterprise, management consulting, a development finance institution or private finance.
- Solid understanding of private sector development in Emerging Markets and key tools to create and promote efficient private markets
- Motivation to understand and analyze IFC’s business and markets.
- Strong research and analytical skills. Previous publications relating to private sector development in developing countries will be considered a plus.
- Familiarity with statistical packages preferred.
- Well-organized and responsive; able to multi-task and deliver high quality work under tight deadlines.
- Excellent writing skills in English. Additional language skills would be an advantage.
- Communicate clearly economic and technical concepts to non-technical audience.
- Strong interpersonal and teamwork skills and ability to work effectively in a multicultural environment.