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Home > QFINANCE Dictionary > Definition of OECD

Definition of

OECD

International Trade

association of nations promoting democracy and free market a group of 30 member countries, with a shared commitment to democratic government and the market economy, that has active relationships with some 70 other countries via nongovernmental organizations. Formed in 1961, its work covers economic and social issues from macroeconomics to trade, education, development, and scientific innovation. Its goals are to promote economic growth and employment in member countries in a climate of stability; to assist the sustainable economic expansion of both member and nonmember countries; and to support a balanced and even-handed expansion of world trade.

Related definitions of "OECD"

OECD - Related Articles

  • The Importance of Defined-Benefit Occupational Pension Schemes in Selected OECD Countries

    White Papers

    This paper discusses the role which (funded) defined benefit private sector occupational pension schemes play in national pensions in a sub-group of OECD countries. The paper shows that in the majority of countries under consideration statutory (state) pension schemes are the main if not only source of income in retirement for most people, with occupational pensions only playing at most a minor role
    By Frank Eich

  • Mark Mobius

    Biographies

    chairman of the World Bank and OECD’s global corporate governance forum investor responsibility taskforce. Dr Mobius has received many awards, including Emerging Markets Equity Manager of the Year 2001 from International Money Marketing and nomination as one of the Ten Top Money Managers of the 20th Century

  • Montague Lord

    Biographies

    and consulting assignments throughout the world. He has directed projects for business organizations, universities, governments and international development partners such as the World Bank, IMF, OECD, ADB, IDB, USAID, JICA, and WTO. Articles by Lord have been published in numerous academic journals, and he has

  • Justin Yifu Lin

    Biographies

    He has also served on international task forces and groups including the United Nations Millennium Task Force on Hunger, the National Committee on United States– China Relations, the working group on the future of the OECD, and the Reinventing Bretton Woods Committee. He gave the 2007–2008 Marshall

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Definitions of ’OECD’ and meaning of ’OECD’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’OECD’ and other financial terms with our online QFINANCE Financial Dictionary.

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