Established 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. It provides loans, grants, guarantees, policy advice and technical assistance to the public and private sectors of its borrowing countries.
The People’s Republic of China’s (“China”) rapid economic growth has made it a significant presence on the global stage as the world's largest exporter, the second largest importer, the world's second largest economy, and most important driver of global growth. Since initiating market reforms in 1979, China's economic performance has been remarkable, with GDP growth averaging about 10 percent a year. During the recent global crisis, China remained mostly unaffected, growing at 9.2% while the US and Europe sank into recession and are expected to remain stagnant for some time.
Latin America and the Caribbean (LAC) as a whole recovered from the global crisis with robust economic growth thanks, in part, to its connection to China, which has boosted exports and terms of trade for LAC’s net commodity exporters. Both direct links (via trade and increasingly also FDI channels) and indirect links (mostly via China’s impact on the international commodity prices) have deepened. Between 2009 and 2010 alone, exports from LAC countries to China jumped by almost US$30 billion, reaching 6% of both Chinese exports and imports. With the current pace of demand growth for LAC products in the US, Europe, and the rest of the world, and assuming similar demand in China grows at only half the pace shown in this decade, China would overtake the European Union in 2013, becoming the second largest market for exports after the US for the LAC region.The region’s relationship with China, therefore, has proved to be a critical source of stability, both during the global economic crisis, the greatest since the Great Depression, and even during the market turmoil in Europe and the United States. For some large LAC countries such as Brazil, Chile, and Peru, China has already become their principal trading partner.
China joined the IDB as its 48th member nation in 2009, contributing important resources to various programs, part of which generated numerous cooperation initiatives between LAC and China. One of which is the Institutional Capacity Strengthening Fund, created with a special contribution of US$75 million made by the Government of China. By the end of 2018, the ICSF has allocated over US$73 million resources to 180 projects and has currently an active portfolio of 29 projects equivalent of US$12.2 million under execution.
One of the major projects financed through the ICSF is the LAC-China Policy and Knowledge Summits stablished in 2014 as series of knowledge and dissemination events that bring together high-level policy makers and experts to exchange good practices and lessons learned on topics of shared interest. The last two summits of this initiative are expected to take place during he second semester of 2019 and 2020 in China and a LAC country respectively.
In addition to the support needed during the organization of the LAC China Policy and Knowledge Summits, there is a need to support the knowledge and dissemination efforts of the outcomes achieved through ICSF financed projects and to identify opportunities for further collaboration between regions.
The objective of this consultancy is to provide support to knowledge and dissemination activities of the ICSF, including support the organization of knowledge exchange events such as the LAC - China Summits and support the development of other dissemination products.
The contractual will carry out the following activities:
Characteristics of the Consultancy
Compensation will be determined in accordance with Bank’s policies and procedures. The Bank, pursuant to applicable policies, may contribute toward travel and moving expenses. In addition, candidates must be citizens of an IDB member country.
Visa and Work Permit: The Bank, pursuant to applicable policies, may submit a visa request to the applicable immigration authorities; however, the granting of the visa is at the discretion of the immigration authorities. Notwithstanding, it is the responsibility of the candidate to obtain the necessary visa or work permits required by the authorities of the country(ies) in which the services will be rendered to the Bank. If a candidate cannot obtain a visa or work permit to render services to the Bank the contractual offer will be rescinded.
Consanguinity: Pursuant to applicable Bank policy, candidates with relatives (including the fourth degree of consanguinity and the second degree of affinity, including spouse) working for the Bank as staff members or Complementary Workforce contractual, will not be eligible to provide services for the Bank.
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