Organization for Economic Cooperation and Development


Organization for Economic Cooperation and Development : OECD provides a forum for discussion of common economic and social issues facing the United States, Canada, Western Europe, Japan, Australia, and New Zealand. OECD was founded in September 1960 as successor to the Organization for European Economic Cooperation (OEEC) which had administered European participation in the Marshall Plan. OECD seeks "to achieve the highest sustainable economic growth and employment and a rising standard of living in member countries while maintaining financial stability and thus contribute to the world economy." Members include: Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Greece, Iceland, Ireland, Italy, Luxembourg, Japan, the Netherlands, New Zealand, Norway, Portugal, Spain, Sweden, Switzerland, Turkey, the United Kingdom, and the United States. OECD headquarters are in Paris, France. See: Arrangement on Guidelines for Officially Supported Export Credits
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