Organization for Economic Cooperation and Development meaning

The Organization for Economic Cooperation and Development promotes policies that improve the economic and social well-being of people around the world.


Organization for Economic Cooperation and Development definitions

Word backwards noitazinagrO rof cimonocE noitarepooC dna tnempoleveD
Part of speech The part of speech of the word "Organization for Economic Cooperation and Development" is a proper noun.
Syllabic division Or-ga-ni-za-tion for E-co-nom-ic Co-op-er-a-tion and De-vel-op-ment.
Plural The plural of Organization for Economic Cooperation and Development is Organizations for Economic Cooperation and Development.
Total letters 48
Vogais (6) o,a,i,o,e,e
Consonants (16) o,r,g,n,z,t,f,e,c,m,p,d,v,l

Organization for Economic Cooperation and Development (OECD) is an international organization that aims to promote policies to improve the economic and social well-being of people around the world. Established in 1961, the OECD consists of 38 member countries, including the United States, United Kingdom, Canada, France, Germany, and Japan, among others.

The OECD provides a platform for member countries to discuss and collaborate on key issues such as economic growth, trade, employment, education, health, environmental sustainability, and more. Through research, analysis, and policy recommendations, the organization works towards fostering sustainable economic development and raising living standards globally.

Key Areas of Focus

One of the primary goals of the OECD is to promote policies that will lead to sustainable economic growth and development. Additionally, the organization focuses on fostering innovation, productivity, and competitiveness in the global economy. It also works to reduce poverty, inequality, and social exclusion through various initiatives and programs.

Economic Policy

The OECD plays a crucial role in shaping economic policies that promote growth, stability, and prosperity. By conducting in-depth analysis and providing policy recommendations, the organization helps member countries design effective strategies to address economic challenges and improve the overall well-being of their citizens.

Education and Skills Development

Another key area of focus for the OECD is education and skills development. The organization conducts research on education systems, skills needs, and lifelong learning to help countries improve the quality of education and develop a skilled workforce that can meet the demands of a rapidly changing economy.

Policy Recommendations

Through its research and analysis, the OECD produces reports and policy recommendations that provide valuable insights for policymakers, businesses, and the general public. These recommendations help countries make informed decisions on a wide range of issues, from taxation and public spending to environmental protection and social welfare.

Overall, the OECD plays a critical role in advancing international cooperation and fostering economic development, social progress, and environmental sustainability. By promoting policies that address global challenges and improve the well-being of people worldwide, the organization continues to be a leading voice in the realm of economic and social policy.


Organization for Economic Cooperation and Development Examples

  1. The Organization for Economic Cooperation and Development is an international organization that aims to promote policies that will improve the economic and social well-being of people around the world.
  2. One of the main functions of the Organization for Economic Cooperation and Development is to collect data and analyze trends in order to provide recommendations to member countries.
  3. The Organization for Economic Cooperation and Development works with governments, businesses, and non-profit organizations to address global challenges such as climate change and inequality.
  4. Membership in the Organization for Economic Cooperation and Development is open to any country that is committed to promoting democracy and the free market economy.
  5. The Organization for Economic Cooperation and Development publishes reports and studies on a wide range of topics, including education, health, and innovation.
  6. Countries that are members of the Organization for Economic Cooperation and Development are expected to adhere to certain standards of transparency and good governance.
  7. The Organization for Economic Cooperation and Development provides a forum for countries to discuss and collaborate on shared challenges and opportunities.
  8. The Organization for Economic Cooperation and Development was established in 1961 and has since grown to include 37 member countries.
  9. The Organization for Economic Cooperation and Development has a secretariat based in Paris, France, that coordinates the work of the organization and provides support to member countries.
  10. The Organization for Economic Cooperation and Development plays a key role in promoting sustainable development and responsible business practices around the world.


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  • Updated 16/04/2024 - 21:47:58