OECD Full Form

OECD stands for Organisation for Economic Co-operation and Development. OECD comprises of 37 member countries which works together for development of economic growth. This organisation is considered as a valuable source of analyzing social and economic data for more than 50 years. OECD Full Form, What is OECD and List of OECD Member Countries is well explained on this page.

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OECD Full Form

Candidates must scroll this page for getting up to date information regarding Organisation for Economic Co-operation and Development (OECD), as by reading this general knowledge of a candidate for this organization will definitely increase.

Overview on OECD:

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What is OECD?

Organisation for Economic Co-operation and Development was founded so as to build policies for making the life of people better. It is an international organization that works on various social and economic challenges and also finds the solutions of it. It also helps in improving the economic performance and also advice on public policies.

How a country can become an OECD member?

It is not difficult for any country to become an OECD member. For becoming its member, the country needs to take over all the responsibilities and requirements of OECD. Adding further to it, terms and conditions also needs to be developed in this process.

SWAC is also hosted by OECD so as to promote economic and social development for the people living in Sahel and West Africa. Development Centers are also developed for emerging economies. Before becoming a member, the country also needs to approve its membership domestically.

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List of OECD Member Countries:

Currently, there are 37 member countries of OECD.

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Structure of OECD:

OECD’s structure is comprises of three main elements:

1) The OECD Member Countries: The work of these member countries is to provide guidance and direction to the organization work. Together, these countries form the council.

2) The OECD Substantive Committees: Here, the committees look over the work theme wise such as task forces, publication work, conferences etc and then the committee members depends on their capitals for conclusions.

3) The OECD Secretariat: This is led by Secretary-General that provides support to Substantive Committees. OECD Secretariat is structured into Directorates that have a staff of approx. 2,500

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