Overview
This consultancy aims to strengthen analytical capacity to support the Government of Maldives in understanding and managing the macroeconomic and fiscal impacts of disasters, with a focus on critical infrastructure systems. The outcome will be an improved analytical framework linking disaster impacts to macroeconomic outcomes and fiscal performance.
Tasks Summary
- Review of Critical Infrastructure Impact Modelling, including assessing analytical approaches and providing recommendations.
- Review of CAT–Macro-Fiscal Integration, assessing the translation of catastrophe risk model outputs into macro-fiscal shocks and advising on appropriate use of variables.
- Macroeconomic and Fiscal Transmission Channels review, including modelling of GDP, investment, employment, prices, trade, revenues, expenditures, deficits, and public debt.
- Scenario Design and Policy Analysis, advising on disaster scenario design and methodological guidance for preventive investments and risk-financing instruments.
Experience Requirements
- A minimum of ten years of relevant experience in macroeconomic analysis, econometric and statistical modelling, regressions, time-series analysis, and analysis of extreme events and disaster impacts is required.
- Proven experience in country-level macroeconomic and macro-fiscal modelling, including the assessment of disaster and climate-related shocks, is required.
- Demonstrated expertise in quantitative economic analysis and scenario-based modelling, with a strong focus on disaster risk, climate change, fiscal impacts, and resilience policy, is required.
- Extensive experience working with international organizations, governments, and policy stakeholders on disaster risk, climate change, and macroeconomic policy issues is desirable.
Qualification Requirements
Advanced university degree in Economics or a related field is required. A first-level university degree in Economics or a related field, combined with a minimum of two additional years of relevant professional experience, may be accepted in lieu of the advanced university degree.
