The Organisation for Economic Co-operation and Development

The Organisation for Economic Co-operation and Development

What is OECD?

International economic organisation of 34 countries

Founded in 1961 to stimulate economic progress and world trade.

Forum of countries committed to democracy and the market economy, providing a platform to compare policy experiences, seek answers to common problems.

Originated in 1948 as the Organisation for European Economic Co-operation (OEEC)

Foundation of the OECD

OECD officially superseded the OEEC in September 1961. It consisted of the European founder countries of the OEEC plus the United States and Canada, with Japan joining three years later.

Mission Statements

Improve the economic and social well-being of people around the world.

Work together to share experiences and seek solutions to common problems.

Mission Statements

Work with governments to understand what drives economic, social and environmental change.

Measure productivity and global flows of trade and investment.

Analyse and compare data to predict future trends.

Set international standards on a wide range of things, from agriculture and tax to the safety of chemicals.

The OECD’s core values

Objective: Analyses and recommendations are independent and evidence-based.

Open: Encourage debate and a shared understanding of critical global issues.

Bold: Dare to challenge conventional wisdom starting with our own.

Pioneering: Identify and address emerging and long term challenges.

Ethical: Their Credibility is built on trust, integrity and transparency.

HISTORY

 Roots go back to the rubble of Europe after World War II.

 Determined to avoid the mistakes of their predecessors in the wake of World War I,

Established in 1948 to run the US-financed Marshall Plan for reconstruction of a continent ravaged by war.

 The OECD brings around its table 40 countries that account for 80% of world trade and investment.

HISTORY

What They Do and How

Help governments foster prosperity and fight poverty through economic growth and financial stability.

Monitoring of events in member countries as well as outside OECD area.

 Regular projections of short and medium-term economic developments

 The OECD Secretariat collects and analyses data, after which committees discuss policy regarding this information, the Council makes decisions, and then governments implement recommendations.

What They Do and How

Mutual examination by governments, multilateral surveillance

Peer review process through which the performance of individual countries is monitored by their peers.

Culminate in formal agreements by countries, for example on combating bribery, on arrangements for export credits, or on the treatment of capital movements. 

What They Do and How

Who drives the OECD’s work?

Who drives the OECD’s work?

Council: Decision-making power one representative per member country

+

one representative of the European Commission.  meets regularly decisions are taken by consensus These meetings are chaired by the OECD

Secretary-General.

Who drives the OECD’s work?

Committees:  34 OECD member countries meet in specialised

committees to advance ideas and review progress in specific

policy areas, such as economics, trade, science, employment, education or financial markets.

 250 committees, working groups and expert groups.

Who drives the OECD’s work?

Secretariat: Angel Gurría head of the OECD Secretariat One or more Deputy Secretaries-General helps Mr.

Gurría. He also chairs the Council,providing the link

between national delegations and the Secretariat. The Secretariat in Paris , 2 500 staff who support the activities of committees The staff includes economists, lawyers, scientists

and other professionals. 

Members

1960, 18 European countries + the United States and Canada joined forces.

Today, 34 member countries from North and South America to Europe and the Asia-Pacific region.

OECD includes many of the world’s most advanced countries but also emerging countries like Mexico, Chile and Turkey.

Members

work closely with emerging giants ;China, India and Brazil and developing economies in Africa, Asia, Latin America and the Caribbean.

to build a stronger, cleaner, fairer world.   European Commission representatives work

together with members in the preparation of texts and participate in discussions on the OECD’s work programme and strategies

involved in the work of the entire organisation and its different bodies. 

Members

Key Partners

In May 2007, OECD countries agreed to invite Chile, Estonia, Israel, Russia and Slovenia to open discussions for membership of the Organisation and offered a programme of "enhanced engagement" to Brazil, China, India, Indonesia and South Africa.

Key partners contribute to the OECD's work in a sustained and comprehensive manner.  A central element of the programme is the promotion of direct and active participation of these countries in the work of substantive bodies of the Organisation.

Global partners

OECD’s focus has broadened to include extensive contacts with non-member economies

Maintains co-operative relations with more than 70 of them.

The Global Relations Secretariat (GRS) develops and oversees the strategic orientations of OECD’s global relations with non-members. 10 Global Forums have been established to address trans-boundary issues where the relevance of OECD work is dependent on policy dialogue with non-members.

International organisations

OECD has official relations with other international organisations and bodies, such as the International Labour Organization, Food and Agriculture Organization, International Monetary Fund, World Bank, International Atomic Energy Agency, and many other United Nations bodies.

OECD also co-ordinates with the International Transport Forum, an independent body linked to OECD that deals with issues of improvement of all forms of transport.

Other key stakeholders

The OECD’s core relationship with civil society is through the Business and Industry (BIAC) and the Trade Union (TUAC) Advisory Committees to the OECD. These advisory bodies contribute to most areas of OECD work through policy dialogue and consultations.

The OECD also maintains close relationship with parliamentarians, notably through its long-standing links with the Council of Europe Parliamentary Assembly, and with the NATO Parliamentary Assembly.

Other key stakeholders

The annual OECD Forum, is a global platform for exchange of ideas, sharing knowledge and building networks.

Brings together all stakeholders including government ministers, representatives of international organisations, and leaders of business, trade unions and civil society.

Where do the funds come from… Funded by its member countries.

National contributions are based on a formula which takes account of the size of each member's economy. The largest contributor is the United States, which provides nearly 22% of the budget, followed by Japan.

Countries may also make voluntary contributions to financially support outputs in the OECD programme of work.

How the budget is managed

The size of OECD's budget and its programme of work are determined on a two-year basis by member countries.

Independent external auditing of the Organisation’s accounts and financial management is performed by a Supreme Audit Institution of an OECD member country, appointed by the Council.

OECD does not dispense grants or make loans.

GDP growth

THANKS FOR YOUR ATTENTİON

Çağdaş Özer

İ.Mert Balakkiz

Livia Kasmi