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4 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.
- The Editors of Encyclopaedia Britannica
The OECD is the successor organization to the Organisation for European Economic Co-operation (OEEC),[ 15 ] established in April 1948 among the European recipients of Marshall Plan aid for the reconstruction of Europe after World War II. [ 16 ][ 17 ][ 18 ] Only Western European states were members of the OEEC, whose primary function was the ...
The OECD is an intergovernmental organisation founded in 1961 to advise governments on how to deliver better policies for better lives.
- History
- Member Countries
- Statistics
- Economic Outlook
- Reports
- Education
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
May 18, 2018 · The OECD began its existence on 30 September 1961, when it replaced the Organization for European Economic Cooperation (OEEC), originally organized in 1948 to administer the Marshall Plan and the cooperative efforts for European recovery from the economic disaster of World War II. The United States was not a member of OEEC.
About the OECD. The Organization for Economic Cooperation and Development (OECD) is a multilateral organization with 38 member countries working together to promote economic growth, prosperity, and sustainable development. Headquartered in Paris, France, the OECD was established in 1961 as the successor to the Organization for European Economic ...
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Dec 19, 2019 · Abstract. This chapter, drawing on a review of primary sources, secondary literature and interviews, traces the OECD’s historical role in shaping and diffusing the “economics of education” and in building a new world order dominated by the United States after World War II. This chapter focuses on the 1960s, when a rationalistic approach ...
