Jacqueline Irving is Senior Sector Economist in IFC’s Sector Economics and Development Impact Dept. and the department’s focal for capital markets work including related to development of pension fund and insurance sectors.
Previously, as Director of the Center for Financial Markets at the Milken Institute, she led the Capital Markets for Development unit’s policy research and advisory work. In this role, she worked directly with Rwanda’s Capital Markets Authority and capital markets stakeholders to prepare a 10-year Capital Markets Action Plan for developing Rwanda’s capital markets.
As a senior economist with the U.S. finance ministry (2013-15), she was responsible for the desk portfolio for financial inclusion, and, prior to this, she colaunched the Thought Leadership Research division for Oxford Economics, serving as the practice manager for OE’s evidence-based research programs on emerging markets finance. As a senior economist with the World Bank from 2005-11, Irving led and contributed to data-driven policy research and advisory work on capital markets development, infrastructure finance, and remittance markets. This included leading assessment of the potential for African financial sectors including via local pension funds to raise long-term finance for infrastructure, as part of the NEPAD- driven Africa Infrastructure Country Diagnostic. She joined the WB initially on secondment from the IMF, where she had led and contributed to TA and operationally-relevant research on African securities markets development. During the 1990s, she managed the Economist Intelligence Unit’s country financial markets content and analysis, leading a team of 50 regional analysts and in-country finance experts in 45 countries including in Africa.
She has authored and coauthored policy research papers, policy briefs, books, and articles on topics related to capital markets development and financial inclusion. Irving has a Master's degree from Columbia University with a specialization in international economic policy and a research focus on regional economic and financial integration.