The OECD was formed in 1961 to support sustainable economic growth, employment, financial stability, and world trade. It has 31 member countries and cooperative ties with 70 non-members. The organization publishes the OECD Factbook annually, which contains economic, social, and environmental indicators.
Formed in 1961, the Organization for Economic Co-operation and Development (OECD) provides a means for member nations to further their commitment to democracy and a market economy. Specific objectives include supporting sustainable economic growth, increasing employment, raising living standards, maintaining financial stability, assisting the economic development of other countries, and contributing to the growth of world trade. The organization’s headquarters are in Paris, France, and the organization’s official languages are French and English.
The Organization for Economic Co-operation and Development grew out of the Organization for European Economic Co-operation (OEEC), founded in 1947 with the mission to administer the aid provided by the United States and Canada under the Marshall Plan to rebuild Europe after the world. Second war. In 2010, there were 31 member countries of the Organization for Economic Co-operation and Development, 20 of which had been members since its inception. Initial members, all from Europe and North America, include Austria, Belgium, Canada, Denmark, France, Germany, Greece, Iceland, Ireland, Luxembourg, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Turkey, United Kingdom. and the United States. The eleven members that entered between 1962 and 2010 include Mexico in North America; Czech Republic, Finland, Hungary, Italy, Poland and Slovak Republic in Europe; Australia and New Zealand in the South Pacific; and Japan and Korea in Asia. Estonia, Israel and Slovenia were invited to participate in May 2010.
In addition to being a member, the Organization for Economic Co-operation and Development has established cooperative ties with 70 non-member countries. A subsection of the organization – the Center for Cooperation with Non-Members (CCNM) – is responsible for developing and overseeing initiatives with non-members. The OECD also maintains official relations with other international organizations. This includes many United Nations bodies, as well as the Food and Agriculture Organization, the International Atomic Energy Agency, the International Labor Organization and the International Monetary Fund and the World Bank.
There are a large number of publications published by the Organization for Economic Co-operation and Development. One publication considered an important resource is the OECD Factbook. This volume, published annually in May, contains an overview of the economic, social and environmental indicators that have the greatest impact. A variety of versions are available, including print, USB key, web book, iPhone app, other smartphone versions, and they come with access to interactive maps and graphs, as well as the database on which the publication is based.
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