Unit 4 - OECD - Global Organisations Flashcards
1
Q
Where is OECD headquartered?
A
- Paris, France
2
Q
What does OECD stand for?
A
- Organisation for Economic Cooperation and Development
3
Q
How many member countries are there?
A
- 36 member countries
4
Q
What is the OECD?
A
- intergovernmental economic organisation
5
Q
Why was the OECD founded?
A
- founded to stimulate economic progress and world trade
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
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
