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 ?
In a paper, The Welfare Expenditure Debate--Economic Myths of the Left and the Right Revisited, Whiteford said that Australia's total welfare spending is below the Organization for Economic Co-operation and Development average only because its pays out half in pensions as OECD average.
The Organization for Economic Co-operation and Development, the World Bank, and the European Commission have conducted reviews of the career guidance policies and practices in 37 countries.
"Tax harmonization" or "cooperation" as a way station to full-fledged global taxation is being promoted by the Organization for Economic Co-operation and Development (OECD) as well as the IMF and the World Bank.
A member of the WAF advisory board of directors since 1999, Viatte assumed this additional role upon his December retirement as director of food, agriculture and fisheries at the Organization for Economic Co-Operation and Development (OECD).
IFAC itself has been working with several groups to this end: Transparency International, which is focused on the fight against government corruption; the United Nations, especially the United Nations Conference on Trade and Development (UNCTAD); the International Monetary Fund (IMF); the World Bank; and the Organization for Economic Co-operation and Development (OECD), especially its Financial Action Task Force on Money Laundering and its Anti-Corruption Unit.
Paris, France: Organization for Economic Co-operation and Development.
Under the Organization for Economic Co-operation and Development (OECD) guidelines, the terms available through any of these agencies should be comparable, offering supported financing for 85 percent of a project's needs, usually with a five- to seven-year payback.
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