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Organisation for Economic Co-operation and Development

Government Body
Country/Territory: France

About

The Organisation for Economic Cooperation and Development (OECD) is an international economic organisation comprising 35 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.

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