International organization that works to builds strong economies in its member countries, improve efficiency, home market systems, expand free trade and contribute to development in industrialized as well as developing countries.
Current members are Australia, Austria, Belgium, Canada, Czech Republic, Denmark and its territories (Faroe Islands and Greenland), Finland, France, Germany, Greece, Greenland, Hungary, Iceland, Ireland, Italy, Japan, Luxembourg, Mexico, the Netherlands, New Zealand, Norway, Poland, Portugal, South Korea, Spain, Sweden, Switzerland, Turkey, United Kingdom, and United States and its territories (Guam, Puerto Rico, and Virgin Islands).
An organization established in December 1960 to study and discuss trade and related matters. Members include the United States, Canada, EU states, Norway, Iceland, Switzerland, Poland, Hungary, Czech Republic, Australia, New Zealand, Mexico, Japan, Korea, Slovak Republic, and Turkey.
(OECD): Organization of donor countries which promotes policies designed to stimulate economic growth and development of less developed countries. OECD member countries are Australia, Austria, Belgium, Canada, Denmark, Finland, France, the Federal Republic of Germany, Greece, Iceland, Ireland, Italy, Japan, Luxembourg, the Netherlands, New Zealand, Norway, Portugal, Spain, Sweden, Switzerland, Turkey, the United Kingdom and the United States.
A group of 30 countries that meets regularly to discuss global issues and make appropriate economic and social policies.
Established in 1961, the OECD is an international organization composed of the major industrialized countries, including the European Union, which was formed to assist member governments in formulating policies aimed at promoting economic and social welfare and to stimulate and harmonize members' assistance to developing countries. For more information see the Governing Agreements & CIRR Rates.
Organization of Petroleum Exporting Countries (OPEC) Organized exchange
An international agency based in Paris through which 24 developed countries review international economic issues and coordinate their policies.
At the present time there are 29 countries in the OECD. They share the principles of the market economy, pluralist democracy and respect for human rights. The original 20 members of the OECD are located in Western countries of Europe and North America. Next came Japan, Australia, New Zealand and Finland. More recently, Mexico, the Czech Republic, Hungary, Poland and Korea have joined. The official goals of the organization are to help "member countries promote economic growth, employment and improved standards of living through the coordination of policy" and to encourage "the sound and harmonious development of the world economy and improve the lot of developing countries, particularly the poorest."
See OECD. Français: Organisation de Coopération et de Développement Economique Español: Organización de Cooperación y Desarrollo Económicos (OCDE)
Some 26 countries -- most of the world's advanced industrial economies -- are members of the OECD which works to help co-ordinate economic policy among members in order to promote trade and non-inflationary growth. Canada has been an OECD member since the organization was founded in 1961. The OECD has a substantial permanent staff engaged in economic analysis and forecasting.
Organizationof Petroleum Exporting Countries Organized exchange
OECD Official group of 24 nations, including most of the major industrialized countries, that was formed in 1961 to coordinate economic and social policies among its members and promote economic assistance to developing countries. Its members are Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Greece, Iceland, Ireland, Italy, Japan, Luxembourg, the Netherlands, New Zealand, Norway, Portugal, Spain, Sweden, Switzerland, Turkey, the United Kingdom, and the United States. Yugoslavia takes part in certain work of the OECD and is included in certain statistics relating to OECD countries. It's based in Paris. See also G-24 (Group of Twenty-four)
