The
Organization for Economic Cooperation and Development (OECD) groups 30
member countries sharing a commitment to democratic government and the market
economy. With active relationships with some 70 other countries, NGOs and civil
society, it has a global reach. Best known for its publications and its
statistics, its work covers economic and social issues from macroeconomics, to
trade, education, development and science and innovation.
The OECD plays a prominent role in fostering good governance in the public
service and in corporate activity. It helps governments to ensure the
responsiveness of key economic areas with sectoral monitoring. By deciphering
emerging issues and identifying policies that work, it helps policy-makers adopt
strategic orientations. It is well known for its individual country surveys and
reviews.
The OECD produces internationally agreed instruments, decisions and
recommendations to promote rules of the game in areas where multilateral
agreement is necessary for individual countries to make progress in a globalised
economy. Sharing the benefits of growth is also crucial as shown in activities
such as emerging economies, sustainable development, territorial economy and aid.
Dialogue, consensus and peer pressure are at the very heart of OECD. Its
governing body, the Council, is made up of representatives of member countries.
It provides guidance on the work of OECD committees and decides on the annual
budget. It is headed by Donald J. Johnston, who has been Secretary-General since
June 1, 1996.
This extract is drawn from the
web site of OECD.
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