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Personal Finance. Your Practice. Popular Courses. The stated goal of the Organisation for Economic Co-operation and Development OECD is to shape policies that foster prosperity, equality, opportunity and well-being for all. Article Sources. Investopedia requires writers to use primary sources to support their work. These include white papers, government data, original reporting, and interviews with industry experts.
We also reference original research from other reputable publishers where appropriate. You can learn more about the standards we follow in producing accurate, unbiased content in our editorial policy. Germany Year of accession Greece Year of accession Hungary Year of accession Iceland Year of accession Ireland Year of accession Israel Year of accession Italy Year of accession Japan Year of accession Korea Year of accession Latvia Year of accession Lithuania Year of accession Luxembourg Year of accession Mexico Year of accession Netherlands Year of accession New Zealand Year of accession Norway Year of accession Poland Year of accession Portugal Year of accession Slovak Republic Year of accession Slovenia Year of accession Spain Year of accession Sweden Year of accession Switzerland Year of accession Turkey Year of accession United Kingdom Year of accession United States Year of accession This helps ensure sustainable economic growth and provides employment and rising standards of living for the international community.
The organization addresses a wide range of international and domestic policy issues. Broad themes are analyzed and debated by OECD delegates: trade , social and welfare issues , public governance , development , tax , transport , science and technology and innovation. In , 20 countries, including Canada signed the convention to create the OECD to assist governments in achieving economic growth and development.
However, its work is not merely for the benefit of members alone: recognizing the harmonization of the global economy, the OECD reaches out to over developing and emerging countries. In , OECD members decided to enlarge the organization's membership and increase relations with the major emerging economies. In , Latvia became the 35th member country. Lithuania joined in It develops guidelines and agreements to better harmonize policies across the OECD and undertakes analysis and outreach in selected non-member countries.
To achieve this, the organization pursues:.
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