World Bank Group Senior Economist Jobs in Kenya

World Bank Group Senior Economist Jobs in Kenya

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.

The 13 GPs are: Agriculture; Education; Energy and Extractives; Environment and Natural Resources; Finance and Markets; Governance; Health, Nutrition and Population; Macroeconomics, Trade and Investment; 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.

Global Practice for Macroeconomics, Trade, and Investment

The Global Practice for Macroeconomics, Trade and Investment (MTI) comprises about 450 staff working across more than 100 countries.

The Practice houses the Bank’s country economists as well as professional staff with expertise in macroeconomics, fiscal policy, trade, and investment.

About fifty percent of MTI professional staff is decentralized to the field working very closely with the Country Management Units (CMUs) and in proximity to clients.

MTI professionals most often work across sectors helping carry out key integrative functions.

In this context MTI professionals are responsible for the preparation and delivery of the majority of the Bank’s Development Policy Operations using both IDA and IBRD resources. MTI professionals also lead or participate in a wide variety of Analytical products (AAA) and client advisory work requiring integrative functions that add to the core MTI expertise.

As such MTI staff often lead or participate in the preparation of Strategic Country Diagnostics, Country Economic Memorandums and cross sector Public Expenditure Reviews, among others.

An important additional element of engagement in macroeconomic, trade, and investment is carried through work on debt management supported by the Debt Management Facility.

Duties and Accountabilities: