What does oecd mean?
Definitions for oecd
oecd
This dictionary definitions page includes all the possible meanings, example usage and translations of the word oecd.
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Wikipedia
OECD
The Organisation for Economic Co-operation and Development (OECD; French: Organisation de coopération et de développement économiques, OCDE) is an intergovernmental organisation with 38 member countries, founded in 1961 to stimulate economic progress and world trade. It is a forum whose member countries describe themselves as committed to democracy and the market economy, providing a platform to compare policy experiences, seek answers to common problems, identify good practices, and coordinate domestic and international policies of its members. The majority of OECD members are high-income economies with a very high Human Development Index (HDI), and are regarded as developed countries. Their collective population is 1.38 billion. As of 2017, the OECD member countries collectively comprised 62.2% of global nominal GDP (US$49.6 trillion) and 42.8% of global GDP (Int$54.2 trillion) at purchasing power parity. The OECD is an official United Nations observer.In April 1948, the Organisation for European Economic Co-operation (OEEC), was established to help administer the Marshall Plan, which was rejected by both the Soviet Union and its satellite states. This would be achieved by allocating the United States' financial aid and implementing economic programs for the reconstruction of Europe after World War II. Only Western European states were members of the OEEC. Its Secretaries-General were the Frenchmen Robert Marjolin (1948–1955) and René Sergent (1955–1960). On 14 December 1960, the OEEC was reformed into the Organisation for Economic Co-operation and Development, coming into force in late September 1961, and the membership was extended to non-European states, the USA and Canada.The OECD's headquarters are at the Château de la Muette in Paris, France. The OECD is funded by contributions from member countries at varying rates and had a total budget of € 386 million in 2019, and is recognised as a highly influential publisher of mostly economic data through publications as well as annual evaluations and rankings of member countries.
Editors Contribution
OECD
Acronym for organization for economic cooperation and development.
The OECD has a number of member countries.
Submitted by MaryC on July 15, 2020
Suggested Resources
OECD
What does OECD stand for? -- Explore the various meanings for the OECD acronym on the Abbreviations.com website.
Anagrams for oecd »
code
coed
co-ed
Numerology
Chaldean Numerology
The numerical value of oecd in Chaldean Numerology is: 1
Pythagorean Numerology
The numerical value of oecd in Pythagorean Numerology is: 9
Examples of oecd in a Sentence
We do believe that oil market fundamentals are at an inflection point. Non-OPEC supply will grow by over 2 million bpd in 2020, while demand growth is weak, the OPEC+ decision to extend production cuts should be sufficient to draw down OECD inventories through the end of the year, but these cuts will need to be extended through 2020 just to keep the oil market near balance.
The IEA started negotiating with China in 2016 to establish an IEA center in Beijing, without prior consultation with the OECD which, as the IEA was aware, was itself negotiating with China to create a policy center and a country office.
Some emerging countries with lower access are in a more difficult situation, with likely new COVID waves slowing economic activity and mobility, the situation is currently deteriorating sharply in some large non-OECD oil consumers (Brazil, Iran and India).
Chamber President Joerg Wuttke:
It is definitely a wake-up call to western governments, and OECD governments to take this up with China.
Behind window-dressing rhetoric, they clearly want to sabotage the The OECD deal.
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References
Translations for oecd
From our Multilingual Translation Dictionary
- منظمة التعاون والتنميةArabic
- oecdGerman
- oecdFrench
- OECDLatin
- OecdPortuguese
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"oecd." Definitions.net. STANDS4 LLC, 2024. Web. 23 Apr. 2024. <https://www.definitions.net/definition/oecd>.
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