Centre for Finance and Development
12 November 2021

Distributional Impact of Private Sector Investments and Job Quality across Developing Countries

SAVE THE DATE: November 17th (11:00 a.m. – 12:30 p.m. (EST). Webinar organised by the IFC Sector Economics & Development Impact Department and the WB Poverty & Equity Global Practice.

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Webinar: Wednesday, November 17th,  2021 11:00 a.m. – 12:30 p.m. (EST)


The Sector Economics & Development Impact Department of the International Finance Corporation (IFC) and the World Bank (WB) Poverty & Equity Global Practice invite you to join the webinar which will present their joint work on the distributional impact of private sector investments and multidimensional job quality measure across developing countries.

These efforts add a significant value to the development impact measurement framework of the IFC by providing necessary tools and indicators to improve the selectivity and assess the efficacy of our interventions towards achieving the Bank Group’s twin goals of ending extreme poverty and promoting shared prosperity.

The distributional impact assessment tool combines IFC’s economy-wide impact assessment methodology with a simplified and integrated micro survey-based simulation (ADePT) tool developed by the WB Poverty & Equity Global Practice.



Susan Marie Lund - Vice President Economics and Private Sector Development, IFC

Susan M. Lund leads a large staff of economists that provide economic analysis to support IFC investments, including macroeconomic outlooks, country risk assessments, and country private sector diagnostics. She is also responsible for the Anticipated Impact Measurement and Monitoring framework  (AIMM) to assess the development impact of IFC investments; identifying opportunities to use blended concessional finance to enable investments in the lowest-income and fragile nations; and overseeing IFC’s research and thought leadership. Ms. Lund is a member of the Council on Foreign Relations, the National Association of the Business Economists, and the Bretton Woods Committee. She holds a PhD in Applied Economics from Stanford University.

Issa Faye - Director of the Sector Economics and Development Impact Department, IFC

Issa Faye leads the development and implementation of IFC’s ex-ante impact assessment system, the Anticipated Impact Measurement and Monitoring system (AIMM). Besides leading IFC’s ongoing efforts in operationalizing the impact principles for impact investors, Issa also plays a key role in establishing IFC at the core of development finance, through its leadership role in impact measurement and management within the DFI and Impact Investing communities. Prior to joining IFC, Issa was the Acting Director of the African Development Institute and Manager of the Research Division at the African Development Bank (AFDB). He led the development and implementation of AfDB’s Additionality and Development Outcome Assessment Framework for both private sector and regional operations. Before that, Issa worked as an Economist at the World Bank Group. Issa holds a Ph.D. in Economics from University of Auvergne-CERDI (France). He has been a lecturer in Economics at the University of Auvergne/CERDI and served as a Researcher for the Centre National de la Recherche Scientifique (CNRS). He is the author of numerous books and articles. His most recent books include Financing Africa: Through the Crisis and Beyond, Financial Inclusion in Africa, Regional Integration and Trade in Africa and Housing Market Dynamics in Africa, amongst others.

Carolina Sanchez-Paramo- Global Director, Poverty and Equity

Carolina Sánchez-Páramo is currently the Global Director of the Poverty and Equity Global Practice (GP) at the World Bank. Prior to this assignment, she was the Poverty and Equity GP Practice Manager in the Europe and Central Asia region. Carolina has worked on operations, policy advice and analytical activities in Eastern Europe, Latin America and South Asia, and was part of the core team working on the WDR2012, “Gender Equality and Development”. Her main areas of interest and expertise include labor economics, poverty and distributional analysis, gender equality and welfare impacts of public policy. She has led reports on poverty and equity, labor markets and economic growth in several countries, as well as social sector operations. She has published articles in refereed journals and edited books on the topics described above. Carolina has a PhD in Economics from Harvard University.

Camilo Mondragon Velez- Head of Economic Modeling, Research and Analytics Unit, IFC

Camilo leads a team that develops analytical frameworks and economic models to assess the development impact of IFC interventions, and generates underlying research across various themes and sectors. He provided technical leadership for the design of AIMM, and represents IFC at various interinstitutional technical working groups on Jobs as well as the IMP Structured Network, to further IFC’s work on impact measurement for impact investing. While working in Corporate Portfolio, Camilo led the development of IFC’s stress testing framework. He worked in his native Colombia for the state-owned oil company coordinating the upstream investment portfolio and developing policy design models for the sector. He holds a Ph.D. in economics from Georgetown University and has published in various areas including entrepreneurship, labor markets, banking, asset allocation, private equity and venture capital.

Ambar Narayan- Lead Economist, World Bank

Ambar Narayan, a Lead Economist in the Poverty and Equity Global Practice, leads and advises teams conducting policy analysis and research in development from a microeconomic perspective in the Africa West & Central region and the Global unit. This includes providing leadership to work on analyzing the distributional impacts of markets, institutions and private sector participation, and the inequality implications of COVID-19 for developing countries. Ambar has been a lead author for several large World Bank studies, including a recent global report on intergenerational mobility titled “Fair Progress?” as well as several country and regional reports on inequality and poverty. Prior to his current assignment, Ambar has worked in the Global unit of Poverty & Equity GP and in South Asia region. He has authored a number of scholarly publications, which reflect the eclectic mix of topics he has worked on over the years. He holds a PhD in Economics from Brown University in the United States.



Susanna Gable- Chief Economist, Swedish International Development Cooperation Agency (Sida)

Susanna Gable is the Chief Economist at the Swedish International Development Cooperation Agency (Sida) since 2017 and Chair of the OECD-DAC Community of Practice on Poverty and Inequality. Before joining Sida, she spent many years at the World Bank, working on cross-country as well as country-specific economic growth analysis with particular attention to inclusive growth, growth diagnostics, economic transition, trade, investment climate, public expenditures, poverty reduction, the Sustainable Development Goals and the Financing for Development agenda. She is a co-founder of the global Chief Economist Network and the Country Diagnostic Platform, and member of the Global Council for SDG1. Susanna has a PhD in Economics from Gothenburg University, where her research focused on political freedom, economic reforms and economic growth.

Hans Peter Lankes- Professor in Practice at the London School of Economics/Grantham Research Institute

Hans Peter Lankes is a Visiting Professor in Practice at the London School of Economics/Grantham Research Institute, and a Senior Fellow at the Oxford/LSE International Growth Center. His research and advisory work focuses on sustainable development strategies and climate finance. Until January 2021, he served as Vice President, Economics and Private Sector Development, at the International Finance Corporation (IFC) / World Bank Group. His responsibilities at IFC covered economics, project development impact, climate, gender, blended finance and thought leadership. Hans Peter has more than 30 years of experience in development finance and economics, including senior roles at the IFC, EBRD and IMF, as well as in academia, the private sector and government advisory (in Africa, South-East Asia and Central America). He received his PhD in Public Policy (’93) from Harvard University, and degrees from Harvard Kennedy School (MPA ‘88), University of Freiburg (Diplomvolkswirt ‘86) and Université de Grenoble (Lic. Sc. Economiques ’83).

Graciela Márquez-Vice President of the Board of Directors at National Institute of Statistics and Geography of Mexico (INEGI)

Graciela Márquez is the Vice-president of the Board of Directors at National Institute of Statistics and Geography of Mexico (INEGI). Between 2018 and 2020 she served as Mexico’s Minister of the Economy, being the first woman to occupy this post. During her tenure as Minister, the United States-Mexico-Canada Agreement (USMCA) entered into force; she also promoted the modernization of regulations in patents and trademarks, launched the Quality Infrastructure Law and fostered a development plan for Mexico’s Northern states. Dr. Marquez hold degrees in economics from UNAM and El Colegio de Mexico, as well as a Ph.D. in economic history from Harvard University. Her publications covered topics on trade policy, industrialization, inequality, and economic development.

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