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- DictionaryOECD/ˌōēsēˈdē/
abbreviation
- 1. Organization for Economic Cooperation and Development.
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The Organisation for Economic Co-operation and Development (OECD; French: Organisation de coopération et de développement économiques, OCDE) is an intergovernmental organisation with 38 member countries, founded in 1961 to stimulate economic progress and world trade.
The OECD is an international organisation that works to shape policies for prosperity, equality, opportunity and well-being for all. It provides data, analysis, standards and advice to governments, policy makers and citizens worldwide.
- History
- Member Countries
- Statistics
- Economic Outlook
- Reports
- Education
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The OECD was initially called the Organization for European Economic Cooperation, or OEEC. It was started in 1948, after World War II, to run the Marshall Plan to reconstruct Europe. Its goal was to help European governments recognize their economic interdependence. In this way, it was one of the roots of the European Union. Once the Marshall Plan ...
Most of the 38 OECD members are from Europe. They are Austria, Belgium, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Lithuania, Luxembourg, Netherlands, Norway, Poland, Portugal, Slovak Republic, Slovenia, Spain, Sweden, Switzerland, and the United Kingdom. There are five countries fr...
The OECD collects, analyzes, and reports on economic growth data for its members. This gives them the knowledge to further their prosperity and fight poverty. It also balances the impact of economic growth on the environment. Committees within the OECD analyze the data and make policy recommendations. It's up to each member country to decide how to...
Twice a year, the OECD publishes its economic outlook. The OECD Economic Outlook analyzes the economic prospects for the 38 members and major non-member countries.The Outlook provides in-depth coverage of the economic policies needed for each member, as well as an overview of the total OECD area. The report is updated twice per year to stay current...
The OECD Economic Surveys are done for each member country every one to two years. They discuss each country's leading economic challenges and provide policy recommendations. The OECD recommended austerity measures to solve the Greek debt crisis. It said the proposals would make Greece more competitive in the global economy. The "Going for Growth" ...
Every three years, the OECD conducts the Programme for International Student Assessment. It evaluates education systems around the world by testing the knowledge of 15-year-old students. The OECD uses the data to recommend ways to improve equity in education.
The OECD is an organization of 38 countries that cooperate on economic issues. It publishes reports, statistics, and policy recommendations on topics such as education, trade, and development.
- Kimberly Amadeo
5 days ago · The OECD is an international organisation that works with 100 countries to promote economic and social well-being. It provides data, analysis, policy advice and recommendations on various topics such as development, climate change, education, gender and more.
3 days ago · Organisation for Economic Co-operation and Development (OECD) | Britannica. Home Politics, Law & Government International Relations. Organisation for Economic Co-operation and Development. Also known as: OECD. Written and fact-checked by. The Editors of Encyclopaedia Britannica.
- The Editors of Encyclopaedia Britannica
Nov 22, 2020 · OECD stands for Organisation for Economic Co-operation and Development, a group of 37 democratic countries that collaborate on economic and social policy. Learn about its origins, functions, reports, and impact on global issues such as trade, tax, and corruption.
Jul 5, 2017 · The OECD included non-European countries; the idea behind its formation was to encourage economic interdependence among member nations with the help of evidence-based analysis. Its members fund ...
