What Is the Organization for Economic Cooperation and Development?
Formed in 1961, the Organization for Economic Cooperation and Development (OECD) provides a means for member nations to further their commitment to democracy and a market economy. Specific goals include supporting economic growth that is sustainable, boosting employment, raising standards of living, maintaining financial stability, assisting the economic development of other countries, and contributing to the growth of world trade. The headquarters of the organization is in Paris, France, and the official languages of the organization are French and English.
