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You are here:
1. Homepage
2. Europe and the World
3. International
4. International Organisations
5. Organisation for Economic Co-operation and Development (OECD)
10. July 2024
Article
International
International
ORGANISATION FOR ECONOMIC CO-OPERATION AND DEVELOPMENT (OECD)
The aim of the OECD is to contribute to sustained economic growth and employment
in its member countries.
The Organisation for Economic Co-operation and Development (OECD), based in
Paris, is a successor to the Organisation for European Economic Co-operation
(OEEC) and currently includes 38 member countries. It serves as a forum for
member states to jointly address the economic, social and environmental
challenges of globalisation.
In its role of international standard setter, the OECD publishes comparative
analyses and studies from which best practices can be identified. In line with
its founding mandate, the OECD contributes in particular to the promotion of
policies aimed at sustainable global economic development, rising living
standards, the expansion of world trade, the development of scientific and
technological resources, and the promotion of research and education. In
addition, the OECD has established itself as an important player in the global
governance architecture and contributes to policy making in a globalised world
as an advisor together with other international organisations (e.g. G7/G20
meetings).
The focus of the work of the OECD is on fiscal and economic policy, but
employment and social policy issues are becoming increasingly important. They
are coordinated by the Employment, Labour and Social Affairs Committee (ELSAC)
in cooperation with the OECD Secretariat. Every year, the Employment Outlook,
which contains OECD projections on growth, employment and wages, is published.
In addition, the regular OECD country reports (economic surveys) examine labour
market and social policies and reform efforts in the member countries.
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