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Organisation for Economic Co-operation and Development. What is the OECD?. A forum in which governments work together to address the economic, social and environmental challenges of interdependence and globalisation
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Organisation for Economic Co-operation and Development
What is the OECD? • A forum in which governments work together to address the economic, social and environmental challenges of interdependence and globalisation • A provider of comparative data, analysis and forecasts to underpin multilateral co-operation
Tool for governments • Born after World War II as the Organisation for European Economic Co-operation to coordinate the Marshall Plan • Transformed in 1961 into the Organisation for Economic Cooperation and Development with trans-Atlantic and then global reach • Today the OECD has 30 member countries • More than 70 developing and transition economies are engaged in working relationships with the OECD
A global outreach OECD Member Countries Countries/Economies Engaged in Working Relationships with the OECD
A global outreach • OECD share of world GNI (PPP): 58% • OECD share of world trade: 75% • OECD share of world population: 18% • OECD share of growth in 2005: 2.6% • OECD share of world development assistance: 96% • OECD contribution to world CO2 production: 51% • OECD share of world energy production: 36% • OECD share of world energy consumption: 50% Source: OECD Annual Report 2006
OECD’s mission To promote policies designed: • to achieve sustainable economic growth and employment and rising standards of living in member countries while maintaining financial stability, so contributing to the development of the world economy • to assist sound economic expansion in member countries and other countries in the process of economic development • to contribute to growth in world trade on a multilateral, non-discriminatory basis (Article 1 of the OECD Convention)
Who drives OECD work? Council Oversight and strategic direction Representatives of member countries and of the European Commission; decisions taken by consensus Committees Secretariat Discussion and implementation Analysis and proposals Secretary-General Deputy Secretaries-General Directorates Representatives of member countries and countries with Observer status work with the OECD Secretariat on specific issues
The OECD Secretariat • Works in two official languages: English and French • Staff members are international civil servants • No quota system for national representation
OECD’s wayof working Data Collection Analysis Discussion Decisions Implementation Peer reviews, multilateral surveillance
Working with governments • Sharing information in all areas of the OECD’s work • Country and region-based cooperation programmes • Helping governments and citizens in all countries to reap the benefits of international trade and investment
Working with civil society • Consulting with business through BIAC, the Business and Industry Advisory Committee • Consulting with labour through TUAC, the Trade Union Advisory Committee • Expanding relations with civil society in such areas as the environment, trade, electronic commerce and social policy • Making information available to the public on www.oecd.organd in OECD publications. Public comment is welcome
Analysing and publishing comparative data and producing forecasts Developing policies to ensure economic growth and stability Helping governments work together to strengthen the multilateral trading system Encouraging the expansion of financial services and cross-border investment Promoting best practices on an international scale Economics and trade
Helping to ensure equal access to education for all Promoting effective and accessible health systems Fighting social exclusion and unemployment Bridging the “digital divide” between rich and poor Social cohesion
Making markets work for ecologically and economically sustainable development Harnessing science and technology in the service of citizens in all countries Strengthening decision-making to avoid wastage and pollution Our environment
Governance • Promoting good governance at all levels of government and corporate activity • Ensuring transparency and fairness in tax systems and competition rules • Fighting corruption and money-laundering and promoting high ethical standards • Supporting accountability and encouraging citizen-participation in policy-making
Some OECD achievements • DAC Guidelines for Poverty Reduction • OECD Model Tax Convention • OECD Anti-Bribery Convention • OECD Principles of Corporate Governance • OECD Guidelines for Multinational Enterprises • Export Credit Arrangement • OECD Guidelines for Conflict Prevention • OECD Chemicals Test Acceptance Agreement • OECD Chemical Hazard Classification System • OECD GM Crop Identification System