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Oct 18, 2021 · The OECD, which stands for Organization for Economic Cooperation and Development, is an international governmental organization with 38 member countries.
The OECD is financed by its member states, i.e., ultimately by taxpayers' money. The amount of the contributions is measured on the basis of the economic strength of the respective country. Traditionally, the USA has been the largest donor by far, followed by Japan and Germany. In addition, individual countries can also finance special projects.
5 days ago · Member countries produce two-thirds of the world’s goods and services. The convention establishing the OECD was signed on Dec. 14, 1960, by 18 European countries, the United States, and Canada and went into effect on Sept. 30, 1961.
Who we are: Our origins. 1948. The Organisation for European Economic Co-operation (OEEC) was formed to administer American and Canadian aid in the framework of the Marshall Plan for the reconstruction of Europe after World War II. • One stipulation: Countries had to work together to decide how to allocate and prioritise resources.
Which countries are part of the OECD? As of 2023, there are 38 total countries in the OECD. The founding members of the organization are Austria, Belgium, Canada, Denmark, France, (West) Germany, Greece, Iceland, Ireland, Italy, Luxembourg, the Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Turkey, the United Kingdom, and the US.
Jan 7, 2022 · There are five countries from the Americas: Canada, Chile, Colombia, Mexico, Costa Rica, and the United States. The four Pacific members are Australia, Japan, Korea, and New Zealand. The two member countries from the Middle East are Israel and Turkey.
Nov 22, 2020 · Key Takeaways. The Organisation for Economic Co-operation and Development (OECD) is a group of 37 member countries that discuss and develop economic and social policy. Members of the Organisation ...
