Name:About the Organisation for Economic Co-operation and Development
Acronym:OECD
Description:
The OECD provides a forum in which governments can work together to share experiences and seek solutions to common problems.
We work with governments to understand what drives economic, social and environmental change. We measure productivity and
global flows of trade and investment. We analyse and compare data to predict future trends. We set international standards
on a wide range of things, from agriculture and tax to the safety of chemicals. We look, too, at issues that directly affect
the lives of ordinary people, like how much they pay in taxes and social security, and how much leisure time they can take.
We compare how different countries’ school systems are readying their young people for modern life, and how different countries’
pension systems will look after their citizens in old age. Drawing on facts and real-life experience, we recommend policies
designed to make the lives of ordinary people better. We work with business, through the Business and Industry Advisory Committee
to the OECD, and with labour, through the Trade Union Advisory Committee. We have active contacts as well with other civil
society organisations. The common thread of our work is a shared commitment to market economies backed by democratic institutions
and focused on the wellbeing of all citizens. Along the way, we also set out to make life harder for the terrorists, tax dodgers,
crooked businessmen and others whose actions undermine a fair and open society.
