Organisation For Economic Co-Operation And Development

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Organisation for Economic Co-operation and Development
Founded 1961
Headquarters Paris, France
Web site

The Organisation for Economic Co-operation and Development (OECD) brings together governments of countries committed to democracy and the market economy from around the world in an effort to support sustainable economic growth, boost employment, raise living standards, maintain financial stability, assist other countries' economic development and contribute to growth in world trade.

The OECD also shares expertise and exchanges views with more than 100 other countries and economies, from Brazil, China, and Russia to the least developed countries in Africa.[1]

With the Kyoto Treaty, the members of the OECD as of 1992 and the countries of the former Soviet Union and Eastern Europe pledged to cut anthropogenic emissions of six greenhouse gases during a five-year commitment period, 2008 to 2012.[2]


The OECD originated in 1948 as the Organisation for European Economic Co-operation (OEEC) to help administer the Marshall Plan for the reconstruction of Europe after World War II. In 1961, it was reformed into the Organisation for Economic Co-operation and Development by the Convention on the Organisation for Economic Co-operation and Development.


The 34 member countries of OECD are: Australia, Austria, Belgium, Canada, Chile, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Israel, Italy, Japan, Korea, Luxembourg, Mexico, the Netherlands, New Zealand, Norway, Poland, Portugal, Slovak Republic, Slovenia, Spain, Sweden, Switzerland, Turkey, United Kingdom and the United States.

Twenty of these countries became members on Dec. 14, 1960, when the Convention establishing the organization was signed. The others have joined over the years.

As of 2013, the OECD is in open discussions for membership with Brazil, China, India, Indonesia and South Africa, and that these nations have been offered a program of "enhanced engagement".[3]

Key People[edit]