Unit 4 - OECD - Global Organisations Flashcards

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1
Q

Where is OECD headquartered?

A
  • Paris, France
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2
Q

What does OECD stand for?

A
  • Organisation for Economic Cooperation and Development
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3
Q

How many member countries are there?

A
  • 36 member countries
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4
Q

What is the OECD?

A
  • intergovernmental economic organisation
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5
Q

Why was the OECD founded?

A
  • founded to stimulate economic progress and world trade
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6
Q

What does the OECD provide a platform for?

A
  • provides a platform to compare policy experiences, seek answers to common problems, identify good practices and coordinate domestic and international policies of its members
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7
Q

Why are the member states of the OECD important?

A
  • member states compromises of 62.2% of global nominal GDP and 42.8% of global GDP
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