11 Difference Between World Bank And Imf

1. The IMF exists primarily to stabilize exchange rates, while the World Bank’s goal is to reduce poverty.  2. Focus on: IMF: Economic Stability WORLD BANK: Economic Growth 3. Size: IMF: 2300 staff members WORLD BANK: 7000 staff members 4. The Bank is primarily a development institution; the IMF is a cooperative institution that seeks to maintain an orderly system of payments and receipts between nations. 5. The World Bank has one central purpose: to promote economic and social progress in developing countries by helping to raise productivity so that their people may live a better and fuller life. 6. You go to the World Bank when you want to build a dam or power plant or a road. You go to the IMF when you are so fucked up that your currency is dropping like crazy.  7. World Bank is a bank. Meaning it borrows money from investors around the world and then lends to the poor governments that are building projects that help them out of poverty.