OECD

The Organisation for Economic Co-operation and Development (OECD) is an intergovernmental organization founded in 1961 to promote economic growth, prosperity, and social well-being through policy analysis and international cooperation. It succeeded the Organisation for European Economic Co-operation (OEEC) and is headquartered in Paris. The OECD brings together member countries to compare data, set standards, and coordinate policy across a range of economic and social issues.

As of 2024, the OECD has 38 member countries, including Australia, Canada, France, Germany, Italy, Japan, Korea, Mexico, the United Kingdom, the United States, and others such as Chile, Israel, Poland, and Turkey. Its work spans a broad range of policy areas, and member governments participate in peer reviews, data collection, and collaborative analyses to improve policy design and implementation.

OECD activities include publishing statistics and policy reports, conducting comparative policy analysis, and developing international guidelines and standards. Notable programs and publications cover the OECD Economic Outlook, Education at a Glance, and the Programme for International Student Assessment (PISA). It also leads international efforts on tax policy and transparency, including BEPS and related reporting standards.

Governance is organized through a Council of member delegations and a Secretary-General, supported by multiple directorates and expert committees. Funding comes from member contributions, and the OECD collaborates with partner economies and multilateral bodies such as the G20. Its overarching aim is to help governments implement policies that raise economic performance and human development.