Organisation for Economic Co-operation and Development | Vibepedia

The Organisation for Economic Co-operation and Development (OECD) is an intergovernmental organisation that aims to stimulate economic progress and world trade among its member countries. The OECD provides a platform for its member countries to compare policy experiences, seek answers to common problems, and coordinate domestic and international policies. The organisation works closely with other international organisations, such as the International Monetary Fund and the World Bank. The OECD has a number of subsidiaries, including the OECD Development Centre and the International Energy Agency. The OECD's work is guided by its founding principles, which include the promotion of economic growth, employment, and a rising standard of living, as well as the development of the world economy and the improvement of the economic and social well-being of all people.