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OECD Full Form | What is the OECD/ List of Member Countries

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

  • OECD Full Form in English: Organisation for Economic Co-operation and Development
  • OECD Full Form in Hindi: आर्थिक सहयोग और विकास संगठन

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:

AbbreviationOECD
OCDE
Formation
  • 16 April 1948; (as the OEEC)
  • Reformed in September 1961 (as OECD)
TypeIntergovernmental organisation
HeadquartersParis, France
Membership37 states
Official languagesEnglish
French
Secretary-GeneralJosé Ángel Gurría
Deputy Secretary-GeneralLudger Schuknecht
Ulrik Vestergaard Knudsen
Masamichi Kono
Websitewww.oecd.org

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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.

CountryMembership
Australia7 June 1971
Austria29 September 1961
Belgium13 September 1961
Canada10 April 1961
Chile7 May 2010
Colombia28 April 2020
Czech Republic21 December 1995
Denmark30 May 1961
Estonia9 December 2010
Finland28 January 1969
France7 August 1961
Germany27 September 1961
Greece27 September 1961
Hungary7 May 1996
Iceland5 June 1961
Ireland17 August 1961
Israel7 September 2010
Italy29 March 1962
Japan28 April 1964
South Korea12 December 1996
Latvia1 July 2016
Lithuania5 July 2018
Luxembourg7 December 1961
Mexico18 May 1994
Netherlands13 November 1961
New Zealand29 May 1973
Norway4 July 1961
Poland22 November 1996
Portugal4 August 1961
Slovakia14 December 2000
Slovenia21 July 2010
Spain3 August 1961
Sweden28 September 1961
Switzerland28 September 1961
Turkey2 August 1961
United Kingdom2 May 1961
United States12 April 1961

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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

The details mentioned above about OECD Full Form in Hindi and English, its meaning, structure. List of member countries etc is well written on this page by the team persons of recruitmentresult.com Stay in touch with us for latest updates.

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