Location: Bolivia
The IDB Group is a community of diverse, versatile, and passionate people who come together on a journey to improve lives in Latin America and the Caribbean. Our people find purpose and do what they love in an inclusive, collaborative, agile, and rewarding environment.
About This Position
We are looking for an Economist with excellent verbal and written communication skills to be the Country Economist in Bolivia. As the Country Economist, you should possess collaboration skills, macro/micro analysis capabilities, the ability to apply econometric concepts, and a clear understanding of public policy.
You will work in the Economic Team of the Andean Region, part of the Andean Group Countries Department. This team is responsible for promoting and developing the Bank's strategies and programming in Bolivia, Colombia, Ecuador, Peru, and Venezuela. The Andean Group Countries Department (CAN) (1) supports the development, processing, negotiation, and management of projects and programs; (2) maintains relationships with governments and civil society members; (3) supports routine operation implementation; and (4) monitors project-related procurement activities within the countries. The Department monitors the macroeconomic environment, conducts economic and sectoral studies, and organizes workshops to strengthen knowledge capacity.
What You’ll Do
Working independently with limited oversight from the Regional Economist in Headquarters and the Country Representative in Bolivia, you will:
- Lead economic, social, and political surveillance in Bolivia, in close coordination with Sector Specialists and the Economic Team of the Andean Country Department (CAN), with an emphasis on interpreting macroeconomic and financial trends.
- Prepare high-quality situational analyses, risk assessments, and outlook reports (in written and data visualization formats), applying appropriate methodologies and datasets. Conduct debt sustainability analysis.
- Contribute to applied economic research using strong theoretical and/or empirical tools to generate relevant policy evidence for Bolivia and other Andean Region countries, contributing to the IDB's operational work.
- Make technical recommendations to project teams by integrating, analyzing, and interpreting complex and diverse information.
- Identify research topics for the Bank's Country Strategy, the economic team's knowledge agenda, and the design and implementation of the Bank's program in the country. Identify critical areas for the Bank's dialogue with the country and the necessary agenda to sustain this dialogue.
- Coordinate the evaluation, preparation, and monitoring of the progress and results of the Country Strategy.
- Participate in economic policy dialogue and broad discussions on substantive development issues with policymakers in Bolivia, influencing policy discussion through advanced knowledge of sectoral and/or economic issues.
- Work across organizational boundaries, building networks with international organizations, academic institutions, government officials, and professional bodies to exchange information, promote research initiatives, and expand the IDB's influence.
- Foster and nurture strategic partnerships with other areas of the IDB Group and external counterparts to advance a wide range of multisectoral and applied knowledge products/activities.
- Contribute to disseminating analytical work, promoting cooperative research initiatives, and discussing policy issues within and outside the Bank.
- Work as a member of a multidisciplinary team, collaborating to execute technical cooperation and/or knowledge products.
- Attend meetings on behalf of the Country Representative and/or the Regional Economic Advisor (REA), and assist in fulfilling ad hoc requests received by them.
- Guide, coach, and mentor junior staff to develop technical expertise.
What You'll Need
- Education: Master’s degree (or equivalent) in Economics, International Development, Public Policy, or other fields relevant to the role's responsibilities. PhD highly desirable.
- Experience: Minimum of four (4) years of relevant experience in economic research, economic monitoring, and economic information analysis. Proven knowledge of standard techniques for debt analysis, balance of payments, current account, and sustainability analysis. Experience with policy issues and development problems in the region's countries. Experience working with other multilaterals a plus, including knowledge of its policies and procedures, as well as proficiency in econometrics software (STATA, MATLAB, etc.), is a plus.
- Languages: Proficiency in Spanish and English, both oral and written, is required.
Key skills
- Learn continuously
- Collaborate and share knowledge
- Focus on clients
- Communicate and influence
- Innovate and try new things
Requirements
- Citizenship: You are a citizen of one of our 48-member countries. We may offer assistance with relocation and visa applications for you and your eligible dependents.
- Consanguinity: You have no family members (up to the fourth degree of consanguinity and second degree of affinity, including spouse) working at the IDB, IDB Invest, or IDB Lab.
Type of contract and duration
- International staff contract, 36 months initially, renewable upon mutual agreement.
What We Offer
The IDB Group provides benefits that respond to the different needs and moments of an employee’s life. These benefits include:
- A competitive compensation package, including an annual base salary expressed on a net-of-tax basis.
- Leaves and vacations: 24 days of paid time off + 8 personal days + sick leave + gender- neutral parental leave.
- Health Insurance: IDB Group provides employees and eligible dependents with a robust medical benefits program that covers medical, dental, vision, preventive care, and prescription drugs.
- Pension plan: defined benefit pension plan that provides financial security and supports employees in planning their future.
- We offer assistance with relocation and visa applications for you and your family when you apply.
- Hybrid and flexible work schedules.
- Health and well-being: Access to our Health Services Center that provides preventive care and health education for employees.
- Development support: We offer tools to boost your professional profile, such as mentoring, 1:1 professional counseling, training and learning opportunities, language classes, mobility options, among others.
- Other perks: Lactation Room, Daycare Center, Gym, Bike Racks, Parking, Spouse Career Program, and others.
Our culture
At the IDB Group, we work so everyone brings their best and authentic selves to work, willing to try new approaches without fear, and where they are accountable and rewarded for their actions.
Diversity, Equity, Inclusion, and Belonging (DEIB) are at the center of our organization. We celebrate all dimensions of diversity and encourage women, LGBTQ+ people, persons with disabilities, Afro-descendants, and Indigenous people to apply.
We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job interview process. If you are a qualified candidate with a disability, please e-mail us at diversity@iadb.org to request reasonable accommodation to complete this application.
Our Human Resources Team reviews carefully every application.
About The IDB Group
The IDB Group, composed of the Inter-American Development Bank (IDB), IDB Invest, and the IDB Lab, offers flexible financing solutions to its member countries to finance economic and social development through lending and grants to public and private entities in Latin America and the Caribbean.
About IDB
The Inter-American Development Bank is devoted to improving lives. Established in 1959, the IDB is a leading source of long-term financing for economic, social, and institutional development in Latin America and the Caribbean. The IDB also conducts cutting-edge research and provides policy advice, technical assistance, and training to public and private sector clients throughout the region.
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Additional Information
- External Opening Date: Jul 26, 2024
- External Closing Date: Aug 9, 2024
- Job Field: Economics
