Glossary

NSN Glossary

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There are 1 names in this directory beginning with the letter O.
OECD
OECD - The Organisation for Economic Co-operation and Development is an intergovernmental economic organisation with 36 member countries,established in 1961 to encourage economic progress and world trade. It is a forum of countries describing themselves as committed to democracy and the market economy, providing a platform to compare policy experiences, seeking answers to common problems, identify good practices and coordinate domestic and international policies of its members. Most members of OECD are high-income economies with a very high Human Development Index (HDI) and are regarded as highly developed countries.The OECD is financed by contributions from member states .The mission of the Organisation for Economic Co-operation and Development (OECD) is to promote policies that will enhance the economic and social well-being of people around the world.The OECD provides a forum in which governments can work together to share experiences and seek solutions to common problems. We work with governments to understand what drives economic, social and environmental change. We measure productivity and global flows of trade and investment. We analyse and compare data to predict future trends. We set international standards on a wide range of things, from agriculture and tax to the safety of chemicals.We also look at issues that directly affect people's daily life, like how much people pay in taxes and social security, and how much leisure time they can take. We compare how different countries’ school systems are readying their young people for modern life, and how different countries’ pension systems will look after their citizens in old age.