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The Organization for Economic Co-operation and Development (OECD)

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.

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