OECD
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The Organisation for Economic Co-operation and Development (OECD)
The OECD provides governments with a setting in which to
discuss, develop and perfect economic and social policy. The
30
Member countries compare experiences, seek answers
to common
problems and work to co-ordinate domestic and international policies that
increasingly in today's globalised
world must form a web of even
practice across nations.
These exchanges may lead to agreements to act in a formal way - for example, by establishing legally-binding codes for free flow of capital and services, agreements to crack down on bribery or to end subsidies for shipbuilding. But more often, their discussion makes for better-informed work within their own governments on the spectrum of public policy and clarifies the impact of national policies on the international community. The OECD offers a chance to reflect and exchange perspectives with other countries similar to their own.