What's the difference between the IMF and the World Bank? | CNBC Explains

The IMF and World Bank hold their Annual Meetings together each fall in Washington. But do you know the difference between the institutions? CNBC's Elizabeth Schulze explains.

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[DADAMANism]

I always look at the comment section for the truth.

[Vmvmvmvmvn]

One create economic crisis, the other pretend to fix it.

[Anedoje]

You forgot that both in the 80s Helped cripple economies in Africa and South America because their Structural Adjustments programs had Xtreme and disastrous affects in those nations

[mrnobody-cfil]

In the name of prosperity of the world, I lend you this money with interest and "special condition" so your country will never ever can pay it back.

Very hypocrite act to save the world

[IIIIALBYIIII]

Give a man a gun he can rob a bank, give a man a bank he can rob the world.

[mendyh]

This video didn't really explain the difference between the two

[jermainelong]

"Providing loans to countries struggling to repay their debts." In other words a two way trap🤔

[hakeemfaisal]

When she put help and bank in the same sentence I know it would be a bias video

[Sam-uerv]

Sad that Banks are responsible for so much chaos in the World

[nth.education]

Basically both lend money to the countries
one saves them from crisis and one lends for economic development, right?

[pinkfloydstm]

I really like how they quickly mention some of the serious controversies and then she’s like “but who knows lol that’s not what the world bank and IMF says lol”

[naomiroychowdhury]

Never seen such a well presented video. Great job Elizabeth.

[Azeke]

It is a bit strange how Pakistan borrows from IMF if such an interest rate is haram in Islam.

[ziakhan-wrgs]

Malaysia is the example mahtir Mohammed refuses IMF the economy got better and built the twin towers before it IMF condition makes the economy suffers alot.

[sarthakparashar]

Sooo Gooood to see a news piece just explaining an important concept without getting into 'expert opinions' or moral lectures. Thanks 🙏🙇

[ariefbagussetyohadi]

Say that to the country which feel their financial crisis become worse (Nation's asset force to sold to foreigners) after accepting loan and suggestion from imf

[iwydadi]

Same as Escobar when he was dealing with government: Take the money 💰 or we take your family

[doodelay]

Can we get a series on the inner workings, histories, and people behind government agencies like the FCC, EPA, Department of Interior, and NIH? Would love that

[edagul]

great definition of the difference! Thank you. It helped too much

[tanishthakhurana]

Omg thank you for this video. A bit clearer about the difference but nevertheless the roles are well explained.