difference between IMF and World Bank (1 Viewer)

[magik22]

Hi I was just curious about the difference between the roles of International Monetary Fund and World bank.

This is my thoughts.
1.IMF - minimise crisis in FOREX?
2.World bank - infrastructure assistance for developing countries

 

[munchiecrunchie]

yeh thats pretty much it

the IMF deals with minimsing financial instability in the global economy, whilst the World Bank aims to assist developing nations