Post of duty: Washington, DC – USA.
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 (LAC). Our people find purpose and do what they love in an inclusive, collaborative, agile, and rewarding environment.
About this position:
The Fiscal Management Division (IFD/FMM) is looking for a consultant with extensive experience in fiscal policy and management, including growth, informality, equity and climate change issues, as well as expertise in fiscal information management.
Founded in 1959, the Inter-American Development Bank (“IDB” or “Bank”) is the main source of financing for economic, social, and institutional development in Latin America and the Caribbean. Providing loans, grants, guarantees, policy advice, and technical assistance to the public and private sectors of their borrowing countries.
For several decades, the countries of LAC have faced the structural challenges of low growth, high inequality, and recurring episodes of fiscal instability, all of which have been compounded by climate change-related challenges. Fiscal policy and management can help to tackle these challenges both directly, through government fiscal actions, and indirectly, by altering the behavior of individuals and companies through changes in their incentives. In LAC, however, the contribution of fiscal management to addressing these challenges has been constrained by weaknesses in institutional and policy frameworks. Therefore, more evidence is needed to formulate Evidence-Based Practices (EPBs) that lead to a higher collection, equity, and efficiency of public spending.
Ministries of Finance in the region are seeking support to develop methodologies and instruments to increase their contribution to climate change commitments through fiscal policy and management. The areas in which there is demand for technical assistance are: (i) evaluation of the fiscal implications of the strategies transition to low-carbon and resilient economies and their financing; (ii) incorporation of the climate dimension in spending and public investment management; (iii) application of environmental tax policies; and (iv) strengthening of the roles of the Ministries of Finance in matters of climate change. Furthermore, it is important to extend the methodology of technical and allocative efficiency of spending to prioritize climate change spending along with strategies to strengthen carbon pricing in the region.
The Institutions for Development Sector (IFD) is responsible for conceptualizing, preparing, supporting the execution, and supervising the Bank’s operations related to governance, strengthening and reform of the public sector, decentralization, economic and fiscal issues, and market development. Capital and financial institutions, and competitiveness at the national, regional, and local levels.
The Fiscal Management Division (IFD/FMM) has the primary purpose of supporting the governments of Latin America and the Caribbean to strengthen fiscal policy and management, both at the national and sub-national levels, to promote economic growth and reduction of inequity and poverty. To support the countries in this task, FMM finances projects to promote development through the following areas: (i) tax policy and administration; (ii) public spending policy and management; (iii) subnational fiscal policy and management; (iv) fiscal sustainability and macro-fiscal policy; and (v) fiscal transparency.
What you’ll do:
What you’ll need:
Core and Technical Competencies:
The consultant must also possess flexibility and versatility to work on a wide range of fiscal problems and apply different econometric and data management techniques, as well as provide inputs in projects of the Division and under the supervision of senior specialists.
Requirements:
Type of contract and duration:
What we offer:
The IDB group provides benefits that respond to the different needs and moments of an employee’s life. These benefits include:
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
We work to improve lives in Latin America and the Caribbean. Through financial and technical support for countries working to reduce poverty and inequality, we help improve health and education and advance infrastructure. Our aim is to achieve development in a sustainable, climate-friendly way. With a history dating back to 1959, today we are the leading source of development financing for Latin America and the Caribbean. We provide loans, grants, and technical assistance; and we conduct extensive research. We maintain a strong commitment to achieving measurable results and the highest standards of integrity, transparency, and accountability.
Follow us:
https://www.linkedin.com/company/inter-american-development-bank/