Finance & economics Feb 15th 2020 edition. In her first speech as the fund’s chief, she called for governments to enact domestic reforms that achieve “stronger and more resilient growth”, and for those with remaining fiscal firepower to deploy it. Ms Georgieva may want to remove the impression that theIMF cares only about restoring stability to crisis-ridden countries at the expense of jobs and growth. Economist salaries at IMF can range from $104,455 - $203,964. The purpose of the test is to assess candidates’ drafting skills and analytical abilities. Working at the UN, Conditions, Benefits, Entitlements • Coronavirus travel for UN staff. All rights reserved. Successful candidates this year will be invited for a 60-minute virtual panel interview comprised of two 3. Level: - Contract type: 207214 (More info about Levels and Contracts), The vacancy is online since: 2020-10-03 Days online: 6 on a wide range of topics. A rumour swirled that his departure was a ploy by President Donald Trump’s administration to choose his successor. Preliminary interviews are either in person – during campus visits, at IMF headquarters, and at the American Economic Association Annual Meeting— or by phone. convey complex issues in a logical and structured way. One near-term challenge is Argentina, the recipient of the fund’s biggest ever loan (see chart). Apply to this job on the IMF site now! January, with offers made in early February. As the first boss from an emerging market, she regaled audiences with her own experiences of an IMF programme—in the 1990s she saw hyperinflation in Bulgaria wipe out her mother’s savings in a week. You will travel to countries where you will work closely with country authorities and carry out operational work related to the IMF's mission. research. of economists in one place, you will find many opportunities to Have recently completed or are expected to complete a PhD within a year (or less) of joining in fields including macroeconomics, finance, public finance, monetary economics, international economics, trade, poverty issues, political economy, econometrics or related areas. site. The interview will be held this broader work of the IMF, and your ability to balance multiple demands Due to the number of excellent applications we receive each year, exceptions to the age limit are rare. THE IMF is familiar with unwelcome edicts. We therefore promise our recruits challenge, professional growth and the opportunity to join an international team. The IMF's primary purpose is to ensure the stability of the international monetary system—the system of exchange rates and international payments that enables countries (and their citizens) to transact with each other. Ratings and rankings are not shared with candidates. Kristalina Georgieva, the fund’s boss, is reorganising the institution. Able to demonstrate a sound understanding of macroeconomics (even if specialized in other areas during graduate school), able to utilize conceptual frameworks to commutate complex ideas, and be comfortable in navigating around the different sectors of an economy and the linkages between these sectors. Offers are only binding for the current recruitment year and do not extend to the following year. I believe that good people make the United Nations great. help us address key global economic challenges, such as fostering global Search the UN Job List! most recent university transcript from your PhD program, She arrived with a reputation for being able to manage large bureaucracies, having previously been chief executive officer of the World Bank. This estimate is based upon 24 IMF Economist salary report(s) provided by employees or estimated based upon statistical methods. 846 Yes, IMF staff are encouraged to keep informed of latest developments Questions will focus primarily on monetary, fiscal, balance of payments, and financial sector issues rather than a candidate's dissertation or job market paper. We also have an extensive roster of visiting scholars, operational work, research, and capacity development and teaching. The International Monetary Fund (IMF) is an organization of 189 On February 7th she announced that David Lipton, the first deputy managing director, and Carla Grasso, another deputy managing director, would leave at the end of the month. Dates for IMF campus visits will be added Ms Georgieva, though, is a more hands-on manager, making Mr Lipton’s role, as currently defined, redundant. During the three-year program, all EPs are expected to have participated in at least one mission to a country. United Nations vacancies curated by Sebastian Rottmair. bring the latest in economic thought and multidisciplinary approaches to You will have two 18-month assignments as an EP, one will be in a department focused on a particular country or region and one will be in a functional department with a more specialized policy-driven focus that may cut across national boundaries. In addition, other factors, such as diversity and particular skills sets needed by the institution, may also be considered. Views. All rights reserved. Duty Station: 207214 here. This vacancy redirect is kept for archiving purposes only. country-specific surveillance as well as in fiscal, monetary, balance of Co-authored papers can be submitted but you should indicate the extent of your contributions. By the end of the program, we hope you will be as excited by our work as we The application process opens annually in late September, with a notice on The selection process consists Panel Interview. Most EP graduates have chosen to stay at the IMF after graduation and many have progressed to senior roles in the organization. If you are interested in being part of a team that contributes to promoting economic stability on a global stage, we would welcome your application. Candidates invited to this stage will participate in a full-day selection process at IMF Headquarters in Washington DC, comprising: A 45-60 minute interview with a panel of three senior IMF economists and a HR Officer. Be below age 34 at entry to the program on September 13, 2021. Monitoring the media to keep abreast of key global economic events is essential, as well as reading how these issues are treated in our flagship IMF documents such as the World Economic Outlook. Also, a broader awareness of world economic developments should help you to identify possible questions. The interview is designed to assess candidates’ analytical abilities; judgment; oral communication skills; general knowledge of macroeconomics and related fields and broader behavioral skills. On February 12th fund officials began talks with the government, which is seeking to restructure its debt. Joining the IMF as part of our Economist Program (EP), will jump-start your This article appeared in the Finance & economics section of the print edition under the headline "Structural adjustment", Sign up to our free daily newsletter, The Economist today, Published since September 1843 to take part in “a severe contest between intelligence, which presses forward, and an unworthy, timid ignorance obstructing our progress.”. You are about to override a search query and all of its content. Before submitting your application, you may find it helpful to review the general information for applicants in the Current Vacancies section. During this interview, candidates are asked to provide a high level overview of their job market or key research paper, and to answer questions on macroeconomics and related fields. See all Economist salaries to learn how this stacks up in the … The second assignment is determined though an internal job market where you will apply and compete for positions. from current IMF staff members) and submit a research paper (ideally of publishable standard) or one or of multiple stages, which may run in parallel to one another. the start you will be given real work and real responsibilities as an IMF The Trump administration has resisted the idea that Mr Lipton’s job be abolished altogether. A sound knowledge of core macroeconomic theory will help you structure and develop your answers so refreshing your knowledge of key concepts is useful. No. your learning, liaise with leading academics, and maintain your | Privacy Policy - Disclaimer, Jobs hunting, applications, tests and interviews in the UN • Contract Overlap, Working at the UN, Conditions, Benefits, Entitlements • UNFCU Unsecured Local Staff Loan and my contract is not renewed or expires, Working at the UN, Conditions, Benefits, Entitlements • Language rules for the UN. By convention, America appoints the first deputy managing director. We are looking for evidence of logical thought and clarity of communication, so you should be prepared to think clearly, make linkages between issues, and make your conclusions clear, complete, and concise. This site is run by Sebastian Rottmair and is not an official UN service. economist. 2021 Economist Program (EP) ( Job Number: 2000788 ) Description. Created 2007 - 2018 by Sebastian Rottmair | Contact | Facebook | Twitter | Also see: The Little Peacekeeper | Ms Grasso, whose renewed term had started only five days before her departure was announced, is leaving partly because her job is, unusually, one for which Ms Georgieva can pick a successor. IMF Members' Quotas and Voting Power, and Board of Governors, Central America, Panama, and the Dominican Republic, Financial Sector Assessment Program (FSAP), Currency Composition of Official Foreign Exchange Reserves, IMF Inspired - Bridging the Gender Data Gap, The Great Lockdown: Dissecting the Economic Effects, The Long Ascent: Overcoming the Crisis and Building a More Resilient Economy, Post-COVID-19 Recovery and Resilience (Promo), Fiscal Monitor | Chapter 2: Public Investment for the Recovery, الاجتماعات السنوية لصندوق النقد الدولي ومجموعة البنك الدولي لعام 2020, Assemblée annuelle 2020 FMI-Banque mondiale, Las Reuniones Anuales de 2020 del Fondo Monetario Internacional (FMI) y del Grupo Banco Mundial (GBM), Social Spending for Inclusive Growth in the Middle East and Central Asia, دور الإنفاق الاجتماعي (الصحة والتعليم والحماية الاجتماعية) في تشجيع النمو الاحتوائي في الشرق الأوسط وشمال إفريقيا وآسيا الوسطى, The role of social spending (health, education, social protection) in promoting inclusive growth in the Middle East, North Africa and Central Asia, Conferencia de Prensa de Gerry Rice, Director, Departamento de Comunicaciones del FMI, Press Briefing by Gerry Rice, Director, Communications Department, IMF, Panel with Chief Economists of IMF, OECD and World Bank. It could benefit from a shake-up that flattens its hierarchical management structure. The IMF is no longer at the margins. This group will provide an important network to build your knowledge and exposure within the IMF, both during the three-year program and beyond.