Organisation for Economic Co-operation and Development

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Organisation for Economic Co-operation and Development

Organisation for Economic Co-operation and Development (OECD)

The Organisation for Economic Co-operation and Development, abbreviated as OECD and based in Paris (FR), is an international organisation of 35 countries committed to democracy and the market economy. The forerunner to the OECD was the Organisation for European Economic Co-operation and Development (OEEC), formed in 1947 to administer American and Canadian aid under the auspices of the Marshall Plan following World War II. The OECD was established on 14 December 1960

OECD Member States (and the dates on which they ratified the OECD Convention) are:

Australia (7 June 1971) Hungary (7 May 1996) Norway (4 July 1961)

Austria (29 September 1961) Iceland (5 June 1961) Poland (22 November 1996)

Belgium (13 September 1961) Ireland (17 August 1961) Portugal (4 August 1961)

Canada (10 April 1961) Israel (7 September 2010) Slovak Republic (14 December 2000)

Chile (7 May 2010) Italy (29 March 1962) Slovenia (21 July 2010)

Czech Republic (21 December 1995) Japan (28 April 1964) Spain (3 August 1961)

Denmark (30 May 1961) Korea (12 December 1996) Sweden (28 September 1961)

Estonia (9 December 2010) Latvia (1 July 2016) Switzerland (28 September 1961)

Finland (28 January 1969) Luxembourg (7 December 1961) Turkey (2 August 1961)

France (7 August 1961) Mexico (18 May 1994) United Kingdom (2 May 1961)

Germany (27 September 1961) Netherlands (13 November 1961) United States (12 April 1961)

Greece (27 September 1961) New Zealand (29 May 1973)

The OECD’s mission is to bring together the governments of countries committed to democracy and the market economy from around the world to:

support sustainable economic growth;

boost employment;

raise living standards;

maintain financial stability;

assist other countries’ economic development;

contribute to growth in world trade.

Organisation for Economic Co-operation and Development (OECD)

This section provides an overview of organisation for economic co-operation and development (oecd) within the legal context of General, Trade and Investment Related Institutions in international economic law, with coverage of Architecture.

Resources

Further Reading

  • David Gaukrodger, “Organisation for Economic Co-operation and Development (OECD),” Elgar Encyclopedia of International Economic Law, Cheltenham Glos (United Kingdom), Northampton, MA (United States)

Resources

Further Information

OECD website

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