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Page 1 of 4
OECD 23/11/2017 21:54
The Organization for Economic Co-operation and Development (OECD) is an 
international organization of 34 countries that accept the principles of representative 
democracy and the free market economy, which seeks to provide a platform to 
compare economic policies, solve common problems, and coordinate domestic and 
international policies. Most OECD members are economies with high GDP per capita 
and Human Development Index and are considered developed countries, with the 
exception of Mexico, Chile and Turkey.
This organization is an international forum that promotes public policies among the 
richest countries on the planet, that is, they have the highest Human Development 
Indexes (HDI). It assists in the development and economic expansion of member 
nations, providing actions that enable financial stability and strengthen the global 
economy.
It originated in 1948 as the Organization for Economic Cooperation (OECD), led by 
Robert Marjolin of France, to help manage the Marshall Plan for the reconstruction of 
Europe after World War II. Subsequently, its membership was extended to non-
European states. In 1961, the Convention on the Organization for Economic Co-
operation and Development reformed the OECD and gave rise to the Organization for 
Economic Co-operation and Development.
The OECD headquarters is located at the Château de la Muette in Paris, France.
History
The OECD was established on 30 September 1961, succeeding the Organization for 
European Economic Cooperation, established on 16 April 1948. It is also called the 
"Rich Group" because 31 of its 34 participating countries together produce more than 
half of all the world's wealth. Since June 1, 2006, the Secretary General has been the 
Mexican José Ángel Gurría Treviño.
Objectives
Page 2 of 4
OECD 23/11/2017 21:54
• supporting sustainable economic growth;
• develop employment;
• raise the standard of living;
• maintaining financial stability;
• helping other countries to develop their economies;
• contribute to the growth of world trade;
• To seek permanent economic development among member countries;
• Finding ways and means to maintain the stability of member countries;
• Discuss and propose goals for global economic development;
• Establish parameters for the development of standard of living;
• To create mechanisms for the growth of Share information in sensitive areas of 
work for countries;
• Develop cooperation programs at the national and regional levels;
• Assisting governments and citizens of countries in harnessing the benefits of 
international trade;
• Promote good governance at all levels of government and business;
• Stimulating transparency and equality in regulation and competition systems 
and rules;
• Fight against corruption and money laundering, as well as promote ethical 
conduct;
• Encourage international good practice 
The OECD also shares its knowledge and exchange of ideas with over 100 other 
countries and economies, from Brazil, China and Russia to the least developed 
countries in Africa. There are currently 34 OECD members , Hungary, Mexico and 
Turkey (marked with *) are described as World Bank high-income economies. The 
remaining members are described as high-income economies. best practices to 
follow. The OECD is the successor to the OEEC, which was was set up with intention 
to seek solutions for the construction of the european countries affected by the world 
war II , the Marshal plan (OECD principal of corporate governance , 2004).
Page 3 of 4
OECD 23/11/2017 21:54
Founding members of the OECD (1948):
Austria
Belgium
Denmark
France
Greece
Iceland
Ireland
Italy
Luxembourg
Norway
Netherlands
Portugal
United Kingdom
Sweden
Switzerland
Turkey*
1955 - Germany Germany
1959 - Spain Spain
Admitted to the OECD reform (1961):
Canada
Flag of United States USA
Admitted to the OECD thereafter:
1964 - Japan
1969 - Finland
1971 - Australia
Page 4 of 4
OECD 23/11/2017 21:54
1973 - New Zealand
1994 - Mexico *
1995 - Czech Republic
1996 - Hungary *
1996 - Poland
1996 - South Korea
2000 - Slovakia
2010 - Chile
2010 - Slovenia
2010 - Israel
Countries invited (on 10 May 20105) to join the OECD: Estonia.
As of December 2012, the OECD has 25 non-member states with full observer status 
or participants in its Committees. About 50 non-members participate in working 
groups, schemes or programs. The OECD maintains a political dialogue with the 
purpose of sharing opinions on the best practices to follow.
On 16 May 2007, the OECD Ministerial Council decided to initiate accession 
negotiations with Chile, Estonia, Israel, Russia and Slovenia.7 In the same Council, it 
was decided to strengthen cooperation with Brazil, China, India, Indonesia and South 
Africa.

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