{
  "title": "The IMF and the World Bank: How Do They Differ?",
  "publication": "Pamphlet Series, June 1, 1995",
  "sourceUrl": "https://www.imf.org/en/publications/other-statistical-electronic-products/issues/2016/12/30/the-imf-and-the-world-bank-how-do-they-differ-276",
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  "summary": "This paper discusses how the IMF and the World Bank differ from each other. The IMF is small and, unlike the World Bank, has no affiliates or subsidiaries. Most IMF staff members work at headquarters in Washington, D.C.",
  "sections": [
    {
      "heading": "Summary findings",
      "content": "- The IMF is small and, unlike the World Bank, has no affiliates or subsidiaries.\n- Most IMF staff members work at headquarters in Washington, D.C., although three small offices are maintained in Paris, Geneva, and at the United Nations in New York.\n- IMF professional staff members are for the most part economists and financial experts.\n- The World Bank is an investment bank, intermediating between investors and recipients, borrowing from the one and lending to the other.\n- The structure of the World Bank is somewhat more complex compared with the IMF."
    },
    {
      "heading": "Organizational structure and footprint",
      "content": "- IMF:\n  - Headquarters: Washington, D.C.\n  - Additional offices: three small offices in Paris, Geneva, and at the United Nations in New York.\n  - Affiliates/subsidiaries: none.\n- World Bank:\n  - Characterized as an investment bank that intermediates between investors and recipients.\n  - Structure: described as somewhat more complex compared with the IMF."
    },
    {
      "heading": "Staffing and professional focus",
      "content": "- IMF staff composition:\n  - Professional staff members are for the most part economists and financial experts.\n- World Bank staffing implication:\n  - As an investment intermediary, organizational roles include intermediation between investors and recipients (borrowing and lending functions)."
    },
    {
      "heading": "Thematic coverage and subjects",
      "content": "- Subjects listed: Banking, Currencies, Financial crises, Financial institutions, Foreign exchange, International monetary system, Loans, Money.\n- Keywords listed: country, Currencies, financing, Global, government, IMF operations, IMF's article, IMF's operation, IMF's role, IMF's work, international community, International monetary system, lending decision, Loans, MTU, Sub-Saharan Africa, Western Europe.\n\n---\n\n Content in this bundle\n\n- The IMF and the World Bank: How Do They Differ?\n  - The IMF and the World Bank: How Do They Differ? (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - The IMF and the World Bank: How Do They Differ? (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/other-statistical-electronic-products/issues/2016/12/30/the-imf-and-the-world-bank-how-do-they-differ-276"
    }
  ],
  "bullets": [
    "[Markdown version](/en/publications/other-statistical-electronic-products/issues/2016/12/30/the-imf-and-the-world-bank-how-do-they-differ-276/index.md)",
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    "Authors: David D. Driscoll",
    "Published: June 1, 1995",
    "Series: Pamphlet Series",
    "DOI: https://doi.org/10.5089/9781557754059.054",
    "The IMF is small and, unlike the World Bank, has no affiliates or subsidiaries.",
    "Most IMF staff members work at headquarters in Washington, D.C., although three small offices are maintained in Paris, Geneva, and at the United Nations in New York.",
    "IMF professional staff members are for the most part economists and financial experts.",
    "The World Bank is an investment bank, intermediating between investors and recipients, borrowing from the one and lending to the other.",
    "The structure of the World Bank is somewhat more complex compared with the IMF.",
    "IMF:",
    "World Bank:",
    "IMF staff composition:",
    "World Bank staffing implication:",
    "Subjects listed: Banking, Currencies, Financial crises, Financial institutions, Foreign exchange, International monetary system, Loans, Money.",
    "Keywords listed: country, Currencies, financing, Global, government, IMF operations, IMF's article, IMF's operation, IMF's role, IMF's work, international community, International monetary system, lending decision, Loans, MTU, Sub-Saharan Africa, Western Europe.",
    "**The IMF and the World Bank: How Do They Differ?**"
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