Organizations · 1 story

Organisation for Economic Co-operation and Development

The Organisation for Economic Co-operation and Development (OECD) is an intergovernmental organisation of mostly industrialised, market-economy countries. Founded in 1961 as a successor to the Organisation for European Economic Co-operation, it is headquartered in Paris. The OECD produces comparative data and policy analysis across a wide range of fields, including macroeconomics, taxation, labour, education, trade, and anti-corruption. Membership requires countries to adhere to standards reviewed through the organisation's committees.