Organization for Economic Cooperation and Development
A Dictionary of Business, January, 2002
Organization for Economic Cooperation and Development (OECD) An organization formed in 1961, replacing the Organization for European Economic Cooperation (OEEC), to promote cooperation among industralized member countries on economic and social policies. Its objectives are to assist member countries in formulating policies designed to achieve high economic growth while maintaining financial stability, contributing to world trade on a multilateral basis, and stimulating members' aid to developing countries.
Members are Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Japan, South Korea, Luxembourg, Mexico, the Netherlands, New Zealand, Norway, Poland, Portugal, Spain, Sweden, Switzerland, Turkey, UK,...
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