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The OECD is known as a statistical agency, as it publishes comparable statistics on numerous subjects. In July 2014, the OECD publicly released its main statistical databases through the OECD Data Portal, an online platform that allows visitors to create custom charts based on official OECD indicators. [61] [62]
The OECD is an international organisation that works to establish evidence-based international standards and build better policies for better lives.
3 days ago · The convention establishing the OECD was signed on Dec. 14, 1960, by 18 European countries, the United States, and Canada and went into effect on Sept. 30, 1961. It represented an extension of the Organisation for European Economic Co-operation (OEEC), set up in 1948 to coordinate efforts in restoring Europe’s economy under the Marshall Plan.
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The OECD was initially called the Organization for European Economic Cooperation, or OEEC. It was started in 1948, after World War II, to run the Marshall Plan to reconstruct Europe. Its goal was to help European governments recognize their economic interdependence. In this way, it was one of the roots of the European Union. Once the Marshall Plan ...
Most of the 38 OECD members are from Europe. They are Austria, Belgium, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Lithuania, Luxembourg, Netherlands, Norway, Poland, Portugal, Slovak Republic, Slovenia, Spain, Sweden, Switzerland, and the United Kingdom. There are five countries fr...
The OECD collects, analyzes, and reports on economic growth data for its members. This gives them the knowledge to further their prosperity and fight poverty. It also balances the impact of economic growth on the environment. Committees within the OECD analyze the data and make policy recommendations. It's up to each member country to decide how to...
Twice a year, the OECD publishes its economic outlook. The OECD Economic Outlook analyzes the economic prospects for the 38 members and major non-member countries.The Outlook provides in-depth coverage of the economic policies needed for each member, as well as an overview of the total OECD area. The report is updated twice per year to stay current...
The OECD Economic Surveys are done for each member country every one to two years. They discuss each country's leading economic challenges and provide policy recommendations. The OECD recommended austerity measures to solve the Greek debt crisis. It said the proposals would make Greece more competitive in the global economy. The "Going for Growth" ...
Every three years, the OECD conducts the Programme for International Student Assessment. It evaluates education systems around the world by testing the knowledge of 15-year-old students. The OECD uses the data to recommend ways to improve equity in education.
- Kimberly Amadeo
Jun 10, 2024 · The OECD, or Organization for Economic Co-operation and Development, is a group formed of 38 democracies with market-based economies, sometimes referred to as “the rich country club”.
Oct 18, 2021 · The OECD Council is the highest decision-making body in the organization. It is composed of representatives of member countries and the European Commission, which is one of the central organs of the European Union. The Council is chaired by the Secretary-General of the OECD, and decisions are based on consensus.
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Top Destination (2022) United States $1.85T. In 2022, OECD exported a total of $13.1T. During the last five reported years the exports of OECD have changed by $3T from $10.1T in 2017 to $13.1T in 2022. The most recent exports are led by Cars ($671B), Refined Petroleum ($526B), Petroleum Gas ($491B), Packaged Medicaments ($412B), and Crude ...
