The Organization for Economic Cooperation and Development (OECD) is a group of 34 member countries that discuss and develop economic and social policy. The members of the OECD are democratic countries that support free market economies.
The OECD is called a “think tank” or monitoring group. Its stated objectives include the promotion of economic development and cooperation; Fight against poverty; And the environmental impact of growth and social development is always taken into account. Over the years, it has addressed a number of issues, including raising the standard of living in member countries, helping to expand world trade, and promoting economic stability.
The OECD was established on December 14, 1960 by 18 European nations plus the United States and Canada. It has expanded over time to include members from South America and the Asia- Pacific region. Includes most highly developed economies.
In 1948, in the wake of World War II, the Organization for European Economic Cooperation (OEEC) was created to administer the Marshall Plan financed primarily by the United States for post-war reconstruction on the continent. The group emphasized the importance of working together for economic development, with the aim of preventing more decades of European warfare. The OECE was instrumental in helping the European Economic Community (EEC), which has since become part of the European Union (EU), to establish a European free trade area.
En 1961, los Estados Unidos y Canadá se unieron a la OECE, que cambió su nombre por el de la OCDE para reflejar el número más amplio de miembros. Catorce otros países se han unido desde entonces a partir de 2016. Tiene su sede en el castillo de la Muette en París, Francia.
The OECD publishes economic reports, statistical databases, analyzes and forecasts on the outlook for economic growth worldwide. The reports are global, regional or national in orientation. The group analyzes and reports on the impact of social policy issues such as gender discrimination on economic growth and makes policy recommendations designed to foster growth with sensitivity to environmental issues. The organization also seeks to eliminate bribery and other financial crimes around the world.
The OECD maintains a so-called “black list” of nations that are considered non-cooperating tax havens. He led a two-year effort with the Group of 20 (G20) nations to encourage tax reform around the world and eliminate tax evasion by profitable corporations. Recommendations presented at the end of the project included an estimate that such evasion costs the world's economies between $ 100 billion and $ 240 billion in tax revenue per year. The group advises and assists Central and Eastern European nations implementing market-based economic reforms.
