OECD

The Organisation for Economic Co-operation and Development (OECD) is an international organisation of countries. Member countries of OECD all have a democratic system of government. They also accept the principle of a free economy. A country has a free economy when its government does not control the economic activities of its citizens and companies. The OECD started 1948 as the Organisation for European Economic Co-operation (OEEC). The Second World War had just ended three years before in 1945. Some countries of Europe came together to form OEEC to help each other re-build their industry and other things destroyed in the Second World War. Later on, some non-European countries also joined this organisation. In 1960, OEEC changed its name, and it became OECD: the Organisation for Economic Co-operation and Development. The OECD's headquarters are at the Château de la Muette in Paris. Secretaries General Members OECD has thirty-eight member countries, of which 19 became members in 1961. These countries are: Austria Belgium Canada Denmark France Germany Greece Iceland Ireland Luxembourg Netherlands Norway Portugal Spain Sweden Switzerland Turkey United Kingdom United States 19 countries joined OECD after 1961. The names of these countries (with the year they joined in brackets), are: Italy (1962) Japan (1964) Finland (1969) Australia (1971) New Zealand (1973) Mexico (1994) Czechia (1995) Hungary (1996) South Korea (1996) Poland(1996) Slovakia (2000) Chile (2010) Estonia (2010) Israel (2010) Slovenia (2010) Latvia (2016) Lithuania (2018) Colombia (2020) Costa Rica (2021) References Related pages International Energy Agency Other websites Organisation for Economic Co-operation and Development OECD iLibrary - OECD's portal for books, reports, statistics, working papers and journals International Futures Programme OECD Forum Archived 2015-07-29 at the Wayback Machine Text of the OECD Guidelines for Multinational Enterprises The OECD Observer OECD Statistical portal Archived 2015-12-30 at the Wayback Machine OECD-UNDP Partnership for Democratic Governance Archived 2015-12-27 at the Wayback Machine Statistics Global Forum on Transparency and Exchange of Information for Tax Purposes Video clips OECD YouTube channel