The Organisation for Economic Cooperation and Development (OECD) is an international economic organisation comprising 33 countries, largely the more-developed nations of Europe, North America and Australasia. The OECD is a collection of countries that are committed to democracy and the market economy, and provides a forum for member states to compare economic policy experiences, seek answers to common problems, identify good economic practice and coordinate domestic and international policies. The OECD broadly aims to:

• Support sustainable economic growth;
• Boost employment;
• Raise living standards;
• Maintain financial stability;
• Assist other countries' economic development;
• Contribute to growth in world trade.

The OECD was established in 1961 and is headquartered in Paris, France. It has a budget of EUR328 million and is one of the world's largest publishers in the fields of economics and public policy.

News Headlines

CAPA Analysis