OECD - Definition

It stands for Organisation for Economic Co-operation and Development, an international economic organisation of 34 countries founded in 1961. Member countries that discuss and develop economic and social policies that stimulate economic progress and world trade. The OECD defines itself as a forum of countries committed to democracy and the market economy, providing a setting to compare policy experiences, seek answers to common problems, identify good practices, and co-ordinate domestic and international policies. Its mandate covers economic, environmental, and social issues.

Terms near "OECD"

Off-Balance Sheet
Official Settlements Account
Offsetting Transaction
Offshore Bank
Old Lady
Omnibus Account
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OECD - Related articles & news

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