Question:

what is the difference between imf and world bank

by Guest1837  |  12 years, 9 month(s) ago

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what is the difference between imf and world bank

 Tags: bank, difference, IMF, World

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2 ANSWERS

  1. Guest1963
    IMF is international monetary fund.
    details can be found here:
    http://www.imf.org/

    World bank details can be found here:
    http://www.worldbank.org/

  2. Guest6020
    Both international organizations are known as the Bretton Woods Institutions. The actual differences between the two organizations, in reality, can be somewhat mixed. However, by principle, the IMF concerns itself with macroeconomics issues, such as balance of payment issues, international trade policy, and exchange rates. The founding idea was that there was a need for collective action on the international level for financial stability.
    The World Bank, ideally, is to deal with issues more related to structure within a country, such as how and what the government spends money on, financial institutions, labor markets and trade policies. The World Bank concerns itself more with development projects, which have been controversial in the past, such as d**n construction.
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