The full form of OECD is the Organization For Economic Co-operation & Development. It came into existence in 1961. Additionally, its main motive is to push up world trade & economic growth. It is an intergovernmental economic organization with 36 countries. Some OECD members name which is having the largest economies of the world with a very high HDI (Human Development Index) are India, South Africa, Brazil, China & Indonesia. Likewise, These countries take participate in policy discussions in OECD Committees, OECD daily works, Regular surveys & more.
OECD means Organization for Economic Co-operation & Development. It is an intergovernmental economic organization with 36 countries. Some OECD members’ name which is taking the largest economies of the world with a very high HDI, OECD is accountable for the market economy, democracy & to provide a platform to solve the disputes and common issues,
Furthermore, Becoming a member of the OECD is not an easy task. Members of the country OECD are responsible for the market economy, democracy & provide a platform to solve disputes, common issues, discuss how to do economic growth, compare policy experiences, identify transparent & good practices. It is an international platform that promotes the social & economical growth well-being of people & West Africa. For becoming a member of OECD, a country is required to adhere to the values & missions of OECD & should be able to take all the responsibilities & requirements of the active membership. Also, Stronger economic reforms will help strengthen any country’s growth. OECD is responsible for such economic welfare of the country. For any other information, you can check on the official website of OECD.
Organization For Economic Co-operation & Development (OECD) was formed on 16 April 1948. The Headquarters of OCED is in Château de la Muette, Paris, France. The Official languages of OECD are English and French. The Secretary General of OECD is Mathias Cormann. OCED is a type of Intergovernmental organization.
The total number of Organisation for Economic Co-operation and Development (OECD) members is 38 members. OECD aims to alter the policies to bring out opportunity, prosperity, equality, and well-being for all the member countries. The Secretary General, Mathias Cormann comes from Eupen, Belgium. India is the 27th member of OECD.
| Term | Full Form |
| OECD | Organization For Economic Co-operation & Development |
FAQ’s
It came into existence in 1961. Additionally, its main motive is to push up world trade & economic growth. It is an intergovernmental economic organization with 36 countries.
OECD is short form of Organization For Economic Co-operation & Development.
Organization For Economic Co-operation & Development is full form of OECD.
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