What Type Of Person Thrives In The Economics Industry, According To An Economist At The World Bank
To thrive at the World Bank as an economist, a strong foundation in development and macroeconomic economics is crucial, as the work involves "improving the way people live" and requires "being convincing" with data-driven arguments. Success hinges on demonstrating expertise and using prior examples to persuade decision-makers.
Development Economics, Macroeconomics, Policy Analysis, Convincing Communication, Cross-Cultural Understanding
Advizer Information
Name
Job Title
Company
Undergrad
Grad Programs
Majors
Industries
Job Functions
Traits
Pedro Belli
Economist
The World Bank
Amherst College
University of California, Berkeley - PhD, Economics
Psychology
Education, Government & Public Sector
Consulting
None Applicable
Video Highlights
1. Strong economics background: A solid understanding of economics, particularly development economics and macroeconomics, is crucial for success.
2. Convincing communication skills: The ability to clearly and persuasively present economic arguments and policy recommendations is essential.
3. Extensive knowledge and experience: Demonstrating expertise through the analysis of previous policy successes and failures in different countries is vital for impactful work.
Transcript
Who thrives in industry?
How would you describe people who typically thrive in this industry?
In the World Bank, you have to have a very solid knowledge of economics. This is especially true in the job I was performing, particularly development economics and macroeconomic economics in general.
Because you are dealing with the lives of people, you are trying to improve how they live. You aim to improve policy so that it impacts poverty reduction.
This requires you to be very convincing and show that you know what you're talking about. You need to demonstrate enough experience by looking at what has happened in other countries. This allows you to say, "This will work," or "It hasn't worked in this other place, so you might want to change this."
You have to be convincing, and at the same time, very knowledgeable of the subject matter you are using to convince people.
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