OECD Flashcards
What is the OECD?
A forum where governments work together to address the economic, social and environmental challenges of and globalisation
It also makes comparative data, and analysis and forecasts multilateral cooperation
History of OECD?
It was created after WW2 to boost the economy in Europe as a part of the Marshall Plan
In 1961 it was transformed into the Economic Cooperation and Development with trans-atlantic reach
Membership
38 members, and engaged with 70 developing countries
How is the OECD structured?
Council: oversight and strategic direction. Decision-making, has members of each country and decisions are taken by census
Secretariat: analysis and proposal, made up of civil servants, no quota for national representation
Committees: discussion and implementation
OECDs way of working:
Data collection,
analysis,
discussion,
decisions,
implementation,
peer reviews and multilateral surveillance
How does OECD work with governments
- Sharing information in all areas of the OECD’s work
- Country and region-based cooperation programmes
-Helping governments and citizens to reap the benefits of international trade and investment
How does OECD work with civil society:
- Consulting with business though BIAC, the Business and Industry Advisory Committee
- Consulting with labour though Trade Union Advisory Committee
- Expanding relations with civil society in such areas as the environment, trade, electronic commerce and social policy
- Share information available to the public on their website
OECD and their work with economics and trade
Analysing and publishing comparative data and producing forecasts
Developing policies to ensure economic growth and stability
Helping governments work together to strengthen the multilateral trading system
Encouraging the expansion of financial service and cross-border investment
Promoting best practices on an international scale
OECDs work with social cohesion
Helping to ensure equal access to education
Promoting effective and accessible health systems
Fighting social exclusion and unemployment
Bridging the “digital divide” between rich and poor
OECD’s work to protect environment
Making markets work for ecologically and economically sustainable
Harnessing science and technology in the services of citizens in all countries
Strengthening decision-making to avoid wastage and pollution
OECD’s work to strengthen governance
Promoting good governance at all levels of government and corporate activity
Ensuring transparency and fairness in tax system
Fighting corruption and money laundering and promoting high ethical standards
Supporting accountability and encouraging citizen-participation in policy-making
