Education Economist
1 month ago
**Education Economist**
**Job #**:
- req29910**Organization**:
- World Bank**Sector**:
- Education**Grade**:
- GF**Term Duration**:
- 2 years**Recruitment Type**:
- Local Recruitment**Location**:
- New Delhi,India**Required Language(s)**:
- English**Preferred Language(s)**:
**Closing Date**:
- 10/25/2024 (MM/DD/YYYY) at 11:59pm UTC**Description**
**Regional Context**:
The South Asia Region (Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan and Sri Lanka) is at a crucial stage of development. Rapid economic growth, driven by urbanization and demographic dividend, has brought down poverty rates, but severe forms of exclusion and disparities based on ethnicity, caste, and gender remain. Rapid growth has also come with congestion and pollution in cities. South Asia is more than other regions affected by changes in temperature and extreme weather event. Additional challenges are that South Asia is underperforming in exports, has large informal sectors and low female labor force participation rates. All these challenges must be addressed to secure rapid growth in coming decades.
Private sector led growth, focused on investments in infrastructure, energy, logistics and cities are essential to generate the jobs needed to employ South Asia’s sizeable youth population. At the same time, the region needs to continue building human capital so that South Asia’s population is well equipped for the jobs of the future.
**People Group**
The World Bank Group (WBG) is the largest provider of development finance and solutions for human development working with high-income, middle-income, and low-income countries to develop country-tailored solutions for human development (HD) under the themes of education, health, social protection, jobs and gender. The People Group coordinates with other Practice Groups to ensure a coordinated and integrated approach to development challenges, and through the World Bank Regional Units is expected to deliver the strongest and most pertinent support to our client countries.
**Country background**
India houses 17.7% of world’s population and the most populous democracy in the world. India is a federal country consisting of 28 states and 8 union territories. The country has experienced strong growth and poverty reduction in the past 2-3 decades. Currently a lower middle-income country, India is on track to reach upper middle-income status in the next decade and aspires to become a developed economy by 2047 when it celebrates the 100th year of independence. While post-Covid recovery has been strong (with the economy growing at 6-7% per annum), achieving India’s ambition requires faster economic growth; and taking advantage of its large and young population requires more jobs for the youth and women. Now the 5th largest economy in the world, and as the current G20 Presidency, India is increasingly seen as a leading voice and a source of development knowledge for the Global South. In cumulative terms, India is the single combined largest (IBRD and IDA) client with 98 projects currently under implementation totaling $21.4 billion. In FY18, India graduated from IDA. Annual commitment was at 4.38 billion USD of new IBRD lending in FY23. India portfolio is multisectoral, diverse, with projects at both the central and state levels spanning [13 Global Practices].
**Role & Responsibilities**:
- Serve as a core contributor to the economic, financial and analytical work carried out by the team, with a focus on learning recovery and emerging areas of importance in the sector.
- Contribute to devising technical and policy advice on how to improve access to and quality of education and skills development outcomes, while promoting evidence-based decision-making.
- Proactively work across sectors to build synergies and identify entry points to leverage education and skills development and promote equitable and resilient growth in India.
- Contribute to reviewing or providing inputs to documents on behalf of the sector team.
- Help to support policy dialogue and interactions with relevant government authorities; development partners; and civil society organizations.
- Support teams in designing and developing new projects and providing implementation support for clients and monitoring project performance.
- Support the team in preparing Implementation Completion Results Reports of closed projects.
- Support the team in the delivery of the work program and lead the delivery of individual tasks as assigned.
- Be active in the thematic areas related to the Human Capital Project as well as Learning Poverty.
- Bring global and regional good practice and lessons learned to promote education system strengthening, improve inclusive access to high quality learning and skills development, and enhance institutional accountability.
**Selection Criteria**
- Master’s degree in economics, education or relevant field.
- 5 years of relevant professional experience.
- Experience in quant
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