International Consultant for Macroeconomic policy advisor & Macroeconomic Modelling Expert

Location : Home-Based
Application Deadline :07-Dec-20 (Midnight New York, USA)
Type of Contract :Individual Contract
Post Level :International Consultant
Languages Required :
Starting Date :
(date when the selected candidate is expected to start)
Duration of Initial Contract :2.5 months
Expected Duration of Assignment :December 2020- March 2021

UNDP is committed to achieving workforce diversity in terms of gender, nationality and culture. Individuals from minority groups, indigenous groups and persons with disabilities are equally encouraged to apply. All applications will be treated with the strictest confidence.

UNDP does not tolerate sexual exploitation and abuse, any kind of harassment, including sexual harassment, and discrimination. All selected candidates will, therefore, undergo rigorous reference and background checks.


The UN Country Team in Malaysia comprises 19 (10 resident and 9 non-resident) agencies, led by the UN Resident Coordinators Office (RCO), which has been strengthened and enhanced under recent UN reforms. These reforms included the  separation of the RC from the UNDP Resident Representative (RR) function, and established a standing RCO team, incorporating key competencies including strategic planning for the UN development system, monitoring and evaluation (M&E), communications and advocacy, partnerships, human rights, and economics. The RCO also covers Singapore and Brunei Darussalam, allowing for sub-regional approaches, and operates within the Asia Pacific division of the UN Development  Coordination Office (DCO).


Malaysia, an upper middle-income country (UMIC), which is also approaching high income status, represents an atypical, and  challenging operating context for the UN development system to  discharge its core mission of promoting inclusive and sustainable development with a clear value proposition. The UN system has therefore focused agency inputs on high level technical advice (TA) and policy advice, and the Resident Coordinator (RC) is keen to consolidate this approach, by delivering greater synergies and creating entry points for engagement at the strategic level.  The COVID-19 crisis has provided further impetus for this, heightening government interest in the UN’s technical support.


In addition to the ongoing health emergency, the socioeconomic policy response has emerged as a priority, and the UN Country Team (UNCT)  has published a Socioeconomic Response Plan (SERP) as a counterpart to national stimulus and recovery proposals.  It is vital these efforts, and Government responses are framed by sound evidence-based analysis, including tools to gauge the impact of the crisis on the economy, in terms of  output and employment, but also the differential impact on vulnerable groups. Although Government has a strong handle on the overall impact of the crisis, more disaggregated modeling tools and analyses would prove highly beneficial in designing and implementing policies, to deliver an inclusive recovery. This assignment aims to enable this by reviewing using existing tools and data, notably Malaysia’s Social Accounting Matrix (SAM) [], and developing general equilibrium (GE) analytics, and then applying these to provide a full socioeconomic scenario for 2021.


Duties and Responsibilities

Functions / Key Results Expected


Purpose: This assignment specifies works connected with setting up and applying standard GE methods (models of varying complexity) to analyze the socioeconomic impacts of the COVID-19 crisis in Malaysia in  2021. This includes:  proposing a viable GE approach for vouching and simulating the recovery in 2021; simulating key metrics (output growth and employment levels) along with distributional impacts (poverty levels, gendered effects) based on a given set of parameters (agreed with UNRCO); and setting out differential impacts on key household types and groups (categories, again to be agreed with UNRCO).


We envisage the use of two consultants, a primary national expert, with a high-level policy focus, paired with and supported by an international macroeconomic modelling expert. We note that the national IC would manage the project, leading all local research and interactions, and drawing in the international expert to support the technical modelling and analytical work. Functions are somewhat separated below (showing lead party at each stage); as are the skills and experience requirements (following section)


Separate recruitment processes will be run, and we envisage an  assignment of some 60 days (the equivalent of 3 working months), divided equally between the two parties. This is, however, subject to revision following the initial scoping stage (see below).


Summary of key functions [lead IC specified in square brackets]:

  1. Build a revised modeling approach and vouch output and employment estimates for 2021 and provide additional socioeconomic insights   
  2. Undertake several simulations for divergent scenarios, and policy responses, to be agreed with UNRCO and Government and UNRCO.



1. Build a revised modeling approach and vouch output and employment estimates for 2021, and provide additional socioeconomic insights     

  • Formulate revisions to the data framework, and design and calibrate GE modelling approaches.
  • Work with UNRCO and Government to develop scenario parameters for modelling.
  • Run simulations and compare projected macroeconomic outcomes and report to UNRCO Government counterparts, revise gain widespread buy-in.
  • Supplement simulations for macro variables, with iterations for socioeconomic variables (specifically the poverty rate).


2. Undertake several simulations for divergent scenarios, and policy responses (to be agreed with UNRCO and Government).

  • Develop alternative input parameters in consultation with UNRCO and Government counterparts, including reflecting alternative policy responses.
  • Simulate these alternative scenarios – delivering macroeconomic and socioeconomic estimates.
  • Share and engage with Government and develop a dialogue on optimal policy responses


Deliverables & Reporting Arrangements


Deliverables conform to the four phases of the assignment described above, albeit with different payment profiles for the two consultants as follows:




Due Date

Payable to national IC



Scoping report & assignment plan


10th January, 2021

10% of contract fees


Modelling & data framework, including macro estimates


12th  February, 2021

40% of contract fees


Scenario results (& PPT), macro & socioeconomic


22nd February 2021

30% of contract fees


Assignment draft & final reports


1st March  2021

20% of contract fees


Both ICs will report to the Head of the RCO and the Senior Economist within the UNRCO on progress and performance, and they will determine that the milestones above are met and release payment.  However, we underline also, that the international consultant should work to the requirements of the national consultant, given the latter’s responsibility of  overall management and delivery of the assignment.




Corporate Competencies:


  1. Demonstrates integrity by modeling the UN’s values and ethical standards
  2. Promotes the vision, mission, and strategic goals of the UNCT
  3. Displays cultural, gender, religion, race, nationality and age sensitivity and adaptability


Functional Competencies:


Knowledge Management and Learning

  1. Promotes knowledge management in UNCT and a learning environment in the office through leadership and personal example
  2. Actively works towards continuing personal learning and development in one or more Practice Areas, acts on learning plan and applies newly acquired skills


Development and Operational Effectiveness

  1. Ability to lead strategic planning, results-based management and reporting
  2. Ability to lead formulation, implementation, monitoring and evaluation of development programmes and projects
  3. Ability to formulate and manage budgets, manage contributions and investments, manage transactions, conduct financial analysis, reporting and cost-recovery
    • Ability to implement new systems and affect staff behavioral/attitudinal change
    • Strong IT skills
    • Excellent knowledge of financial rules and regulations, accounting
    • Excellent knowledge of Results Management Guide and Toolkit


Management and Leadership

  1. Builds strong relationships with clients, focuses on impact and result for the client and responds positively to feedback
  2. Consistently approaches work with energy and a positive, constructive attitude
  3. Demonstrates good oral and written communication skills
  4. Demonstrates openness to change and ability to manage complexities

Required Skills and Experience


  • Advanced degree in economics, PhD is preferred.
  • Macroeconomics specialism, with academic training and/or a  research record in GE and other forms of macroeconomic modeling.



  • Minimum 5 years with PhD, or minimum 7 years with master’s degree, of relevant experience at the international level in economic analysis and policy advice. This must include authoring and presenting technical content to diverse audiences, including senior policymakers.
  • Experience of similar assignment, with hands-on macro modelling of Covid-19 or comparable demand/ supply shock scenarios.  Experience of working in Malaysia, ASEAN, or similar context, highly desirable.


Language Requirements

  • Fluency in English and Bahasa Malaysia at technical and policy levels (written and spoken).



Interested individual applicants must submit the following documents/information to demonstrate their qualifications:

  1. Document 1 : Letter of Confirmation of Interest and Availability at;
  2. Document 2: Technical Proposal: cover page (maximum 2 pages) how candidate’s qualification and experience in rapid evaluation makes them suitable for the work and can lead towards the successful deliverable of this consultancy within the required timeframe; and 
  3. Document 3: Financial Proposal that indicates the all-inclusive fixed total contract price, supported by a breakdown of costs, as per template provided.  If an Offeror is employed by an organization/company/institution and expects his/her employer to charge a management fee in the process of releasing him/her to UNDP under Reimbursable Loan Agreement (RLA), the Offeror must indicate at this point and ensure that all such costs are duly incorporated in the financial proposal submitted to UNDP. The consultant should also indicate any travel and related costs for meetings etc. at Proposal- Macro INT.docx
  4. Document 4: Personal CV or P11 including areas of expertise and past experiences in similar projects and at least three (3) references at
  5. Please submit this information in one file as Document 1, 2, 3, and 4.The system will only accept one attachment, please merge all documents and submit as one file.
  6. Applicants must reply to the mandatory questions asked by the system when submitting the application.
  7. Candidates who fail to submit all the information requested above will be disqualified.

How to Apply:

  • Kindly download the Letter of Confirmation of interest and availability, Financial Proposal Template?and General Terms & Conditions mentioned below;
  • Read and agree to the General Terms & Conditions (refer to below link);
  • Click the ‘apply’ icon and complete what is required;
  • Scan all documents into 1 pdf file and then upload;
  • For clarification question, please email to The clarification question deadline is three (3) days before the closing. When emailing for clarification questions, please put "MyIC/2020/072"as the subject matter.


General terms & conditions to be downloaded:

Reimbursable Loan Agreement (RLA): A legal instrument between UNDP and a Company/institution, according to which, the latter makes available the services of an individual delivering time-bound and quantifiable outputs that are directly linked to payments

  • The General Terms & Conditions for Reimbursement Loan Agreement is available at: 

Incomplete proposals may not be considered. Only short-listed candidates may be contacted, and successful candidates will be notified.


Criteria for Selection of the Best Offer


Individual consultants will be evaluated based on the following methodologies:


Cumulative analysis

The award of the contract will be made to the candidate whose offer has been evaluated and determined as responsive, compliant and acceptable, and having received the highest score out of a pre-determined set of weighted technical and financial criteria specific to the solicitation:


a)         Technical criteria weight (70%)

b)         Financial criteria weight (30%)


Only candidates obtaining a minimum of 50 points will be considered for the Financial Evaluation. 

Education and qualifications (as given with additional for research record and/ or policy contribution)


Experience (fulfilled similar assignments and hands-on use of specified competencies)



Language Requirements and drafting/ presentational skills (English and Malay/ English, both written and spoken)


Other (including management and other relevant professional skills)


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