Organisation for Economic Co-operation and Development (OECD)
| Section | Details |
|---|---|
| Introduction | – Established: 1961 – Headquarters: Paris, France – Membership: 38 member countries – Objective: Promote policies that improve economic and social well-being worldwide |
| Objectives | – Economic Growth: Foster sustainable economic growth and employment – Standard of Living: Improve the quality of life globally – Financial Stability: Ensure sound economic expansion and financial stability – World Trade: Expand world trade on a non-discriminatory basis |
| Reports and Indices | – OECD Economic Outlook: Biannual analysis of economic trends and projections – OECD Employment Outlook: Annual review of labor market trends – OECD Factbook: Key indicators on economic, social, and environmental conditions – OECD Better Life Index: Measures well-being across countries – OECD Health Statistics: Data on health systems and policies – OECD Education at a Glance: Analysis of education systems worldwide – OECD Science, Technology and Industry Outlook: Reviews innovation policies – OECD Environmental Outlook: Analyzes environmental trends and policies – OECD International Migration Outlook: Studies migration trends and policies – OECD Pensions at a Glance: Comparative indicators of pension systems – OECD Tax Policy Studies: Explores tax policy issues – OECD Regional Outlook: Analysis of regional disparities – OECD Digital Economy Outlook: Tracks digital transformation trends – OECD Agricultural Outlook: Projects agricultural market trends – OECD Economic Surveys: Country-specific economic assessments |
| Instruments | – Conventions and Agreements: Frameworks for cooperation – Recommendations: Non-binding policy guidelines – Peer Reviews: Assessments where member countries evaluate one another’s performance |
| Structure | – Council: Main decision-making body, includes representatives from all member countries – Committees: Focus on specific policy areas such as economics, education, and environment – Secretariat: Provides research and support to inform policy discussions |
| Subsidiary Organs | – OECD Development Centre: Tackles global development challenges – International Energy Agency (IEA): Ensures reliable and sustainable energy – Financial Action Task Force (FATF): Develops policies to combat money laundering and terrorism financing |
| Committees | – Economic Policy Committee: Analyzes economic trends and policies – Environment Policy Committee: Focuses on environmental challenges – Education Policy Committee: Addresses global education issues |
| Initiatives | – Base Erosion and Profit Shifting (BEPS) Project: Tackles tax avoidance – Inclusive Framework on BEPS: Provides equal footing for countries to implement BEPS measures – OECD Guidelines for Multinational Enterprises: Promotes responsible business conduct – Programme for International Student Assessment (PISA): Evaluates global education systems – International Transport Forum (ITF): Think tank for transport policy – OECD Anti-Bribery Convention: Criminalizes bribery of foreign officials – OECD Better Life Initiative: Measures global well-being – OECD Due Diligence Guidance: Provides responsible business conduct guidelines – OECD Green Growth Strategy: Fosters sustainable development – OECD International Academy for Tax Crime Investigation: Strengthens capacity to combat tax crimes |
