International Journal of Tax Economics and Management

An Overview on Organization for Economic Co-operation & Development

Author: Padmini S.V. | Published on: 31 January, 2019   Page: 16-24

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Abstract
The Organization for Economic Co-operation and Development (OECD; French: Organization de co-operation ET de development economies, OCDE) is an intergovernmental economic organization with 36 member countries, founded in 1961 to stimulate 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 OECD members are high-income economies with a very high Human Development Index (HDI) and are regarded as developed countries. As of 2017, the OECD member states collectively comprised 62.2% of global nominal GDP (US$49.6 trillion) and 42.8% of global GDP (Int$54.2 trillion) at purchasing power parity. OECD is an official United Nations observer.

Keywords
OECD; Foundation; History; Role in Economy; Economic Development.

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S.V., Padmini (2019), An Overview on Organization for Economic Co-operation & Development. International Journal of Tax Economics and Management, 2(3), 16-24.

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    S.V., Padmini (2019) "An Overview on Organization for Economic Co-operation & Development", International Journal of Tax Economics and Management, 2(3), pp.16-24.

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    S.V., Padmini. An Overview on Organization for Economic Co-operation & Development. International Journal of Tax Economics and Management. 2019; 2(3): 16-24.

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    S.V., Padmini. An Overview on Organization for Economic Co-operation & Development. International Journal of Tax Economics and Management. 2019; 2(3): 16-24.

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    S.V., Padmini. An Overview on Organization for Economic Co-operation & Development. International Journal of Tax Economics and Management. 2019; 2(3): 16-24.

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    [This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited (CC BY 4.0).]

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    Author Details


    Padmini S.V.
    Department of Studies and Research in Economics
    Tumkur University
    padminisv@tumkuruniversity.in