Organization for Economic Cooperation and Development


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Organization for Economic Cooperation and Development (OECD)

An organization of industrialized countries formed to promote the economic health of its members and to contribute to worldwide development.

Organization for Economic Cooperation and Development

An international organization studying proper economic policies and promoting cooperation in those policies between members. The OECD consists of member accepting the principles of the free market and the democratic process, or, informally, it consists of the so-called developed world. The OECD produces working papers and other documents detailing economic statistics and data and often offering recommendations for policy courses. The organization also provides an open forum for members to discuss these policies, with an aim of members taking roughly the same stand on economic policy. This has not always been successful. However, the OECD also offers a forum for pursuing policies of common interest, for example, setting up an office to discourage tax havens. It was established in 1961 as a successor organization to the Organization for European Economic Cooperation, which was originally established to help implement the Marshall Plan.

Organization for Economic Cooperation and Development (OECD)

an international organization whose membership comprises mainly the economically advanced countries of the world. The OECD provides a regular forum for discussions among government finance and trade ministers on economic matters affecting their mutual interests, particularly the promotion of economic growth and international trade. The OECD is a main source of international economic data and regularly compiles and publishes standardized inter-country statistics.

Organization for Economic Cooperation and Development (OECD)

an international organization whose membership comprises mainly the economically advanced countries of the world. The OECD provides a regular forum for discussions amongst government finance and trade ministers on economic matters affecting their mutual interests, particularly the promotion of economic growth and international trade, and it coordinates the provision of ECONOMIC AID to the less developed countries. The OECD is a main source of international economic data and regularly compiles and publishes standardized inter-country statistics.
References in periodicals archive ?
The International Labor Organization said countries in the Organization for Economic Cooperation and Development should increase retirement ages and the number of working women to relieve financial pressure on their pension systems.
This is a particularly active period in trade negotiations both on a regional and multilateral-basis as talks continue in the World Trade Organization (WTO), the Organization for Economic Cooperation and Development (OECD), the Asian-Pacific Economic Cooperation forum (APEC), and in a number of country-specific free-trade agreements (FTAs).
Featuring Tazio Nakatomi, Organization for Economic Cooperation and Development (OECD); Masanobu Katoh, Fujitsu; Betty Shave, US Department of Justice; and J.
The summit was convened by a coalition of international organizations and trade associations including: the Asia Pacific Economic Cooperation Telecommunications Working Group, the Computing Software and Services Association (CSSA), Global 2000 Co-ordinating Group, infoDev/World Bank, Information Technology Association of America (ITAA), International Chamber of Commerce (ICC), International Telecommunications Users Group (INTUG), Joint Year 2000 Council, Organization for Economic Cooperation and Development (OECD), Pacific Economic Cooperation Council (PECC), and the World Information Technology and Services Alliance (WITSA).
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