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Which International organization provides a setting where governments compare policy experiences, seek answers to common problems, identify good practice and coordinate domestic and international policies?

Which International organization provides a setting where governments compare policy experiences, seek answers to common problems, identify good practice and coordinate domestic and international policies? Correct Answer The Organization for Economic Cooperation and Development (OECD)

OECD- The Organization for Economic Cooperation and Development which provides a forum for discussion and cooperation among the governments of industrialized countries committed to democracy and the market economy.

Key Points

  1. The Organisation for Economic Co-operation and Development (OECD) is an international organization that works to build better policies for better lives. Our goal is to shape policies that foster prosperity, equality, opportunity, and well-being for all. We draw on 60 years of experience and insights to better prepare the world of tomorrow.
  2. Together with governments, policymakers and citizens, we work on establishing evidence-based international standards and finding solutions to a range of social, economic, and environmental challenges.
  3. The OECD is variously referred to as a think tank or a monitoring group. Its stated goal is to shape policies that foster prosperity, equality, opportunity, and well-being for all. Over the years, it has dealt with a range of issues, including raising the standard of living in member countries, contributing to the expansion of world trade, and promoting economic stability.
  4. The OECD maintains a so-called "black list" of nations that are considered uncooperative tax havens, although there are not any nations currently on the list since, by 2009, all nations on the original list had made commitments to implement the OECD standards of transparency.
  5. The Organisation for Economic Co-operation and Development (OECD) is a group of 37 member countries that discuss and develop economic and social policy.
  6. Members of the Organisation for Economic Co-operation and Development (OECD) are typically democratic countries that support free-market economies.

 

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