As the EBRD’s Chief Economist, Beata Javorcik is responsible for advising the President and other senior members of the Bank’s management team on economic issues of strategic or operational relevance to the EBRD regions.
The Chief Economist provides thought leadership inside and outside of the EBRD on economic issues related to the Bank’s work in the countries where it works. The Office of the Chief Economist undertakes and presents its own research, representing the Bank at high-level external policy and academic conferences and workshops, publishes in academic and non-academic outlets, and maintains strong links between the EBRD and academia.
The Chief Economist ensures that the economics research agenda of the EBRD continues to put the Bank at the forefront of understanding the economic and strategic challenges facing the Bank’s regions and to help the Bank formulate effective policy responses.
The Office of the Chief Economist is also responsible for macroeconomic forecasting and contributes to the work of the Bank’s Risk Management in building scenarios for identifying and navigating emergent risks and conducting stress testing, as well as assisting regional economists with timely cross-country macroeconomic analysis and economic forecasting.
Dr Javorcik is on leave from the University of Oxford, where she holds a Statutory Professorship in Economics (the first woman in this position) and is a Fellow of All Souls College. She is a member of the Royal Economic Society’s Executive Committee and a Director of the International Trade Programme at the Centre for Economic Policy Research in London. She holds a Ph.D. in Economics from Yale and a B.A. in Economics (Summa cum Laude) from the University of Rochester.
Before taking up her position at Oxford University, she worked at the World Bank in Washington DC, where she focussed on research, lending operations and policy advice.
Dr Javorcik specializes in international trade. Her research interests focus on determinants and consequences of inflows of foreign direct investment, implications of services liberalisation, evaluation of investment promotion programmes, propagation of shock through production networks and evasion of import duties. Her research has been published in the American Economic Review, Journal of the European Economic Association, Review of Economics and Statistics, European Economic Review, Economic Journal, Journal of International Economics and Journal of Development Economics.