OECD
**Group 1: History and Enlargement of OECD**
– Organisation for European Economic Co-operation (OEEC) formed in 1948 for Marshall Plan administration
– OEEC evolved to focus on economic issues in the 1950s
– Negotiations for a European Free Trade Area took place in the OEEC
– OEEC transformed into OECD in 1961
– OECD expanded to include non-European states like the US and Canada
– OECD assisted Central and Eastern European countries post-1989 revolutions
– Centre for Co-operation with European Economies in Transition established in 1990
– Programme, Partners in Transition, launched in 1991
– Poland, Hungary, Czech Republic, Slovakia, South Korea, and Mexico joined OECD between 1996-2000
– East Germany joined OECD in 1990
– Several European countries expressed interest in joining OECD in the 1990s
– Estonia, Latvia, Lithuania, Slovenia, and Malta applied for OECD membership
– Romania and Bulgaria also expressed intentions to join OECD
– OECD opened accession discussions with Chile, Estonia, Israel, Russia, and Slovenia in 2007
**Group 2: Objectives and Influence of OECD**
– Achieve sustainable economic growth and employment in Member countries
– Contribute to sound economic expansion globally
– Support the expansion of world trade
– Focus on financial stability
– Emphasize cooperation and development
– OECD is funded by Member countries with a total budget of €338.3 million in 2023
– Recognized as a highly influential publisher of economic data
– Publishes annual evaluations and rankings of Member countries
– Headquarters located at the Château de la Muette in Paris, France
– Official United Nations observer with significant global impact
– OECD sets rules for international taxation for multinationals
– Model Tax Convention and country-by-country reporting rules are established
– Transfer Pricing Guidelines are updated regularly since 1995
– Proposals like Pillar 1 and Pillar 2 aim to allocate profits and implement global minimum corporate tax
**Group 3: Membership and Expansion of OECD**
– List of OECD Member countries – Ratification of the Convention on the OECD
– OECD welcomes Costa Rica as its 38th Member
– Member Countries Budget Contributions for 2023
– South Korea joins OECD
– Latvia becomes full-fledged OECD member
– Brazil Is Seeking to Join the OECD Despite Its Political Crisis
– Romania’s candidacy for OECD membership
– Bulgaria, Croatia, Romania on track to join OECD
– OECD countries invite Costa Rica to join as 38th member
– Malaysia has applied to become a member of the OECD
**Group 4: Publications and Statistics of OECD**
– OECD publishes books, reports, statistics, working papers, and reference materials
– Publications can be accessed via OECD iLibrary
– OECD Library & Archives collection dates back to 1947
– External researchers can access OECD publications and archival material by appointment
– OECD releases about 600 books and over 400 papers yearly
– OECD Observer is an award-winning magazine launched in 1962
– Magazine transitioned to quarterly publication in 2011
– Online and mobile editions are regularly updated
– Contains news, analysis, reviews, and commentaries on global economic, social, and environmental challenges
– Features latest OECD book listings and introduced a crossword in 2013
– OECD is known as a statistical agency publishing comparable statistics
– Main statistical databases are publicly available through the OECD Data Portal
– OECD statistics are available as interactive charts, databases, and static files
– OECD provides StatLinks in most books to link to underlying data
– OECD publishes statistics on various subjects
**Group 5: Structure and Decision-Making of OECD**
– OECD consists of member countries represented by ambassadors forming the Council
– Substantive Committees oversee work areas with subject-matter experts
– The Secretariat, led by the Secretary-General, supports Committees with about 2,500 staff
– The Council provides guidance, while Committees relay conclusions to member capitals
– Committees handle publications, task forces, and conferences on various themes
– Member countries attend committee meetings and forums
– Noteworthy meetings include Ministerial Council Meetings and OECD Forums
– Minister-level meetings cover a broad spectrum of thematic issues
– The World Forum on Statistics, Knowledge, and Policies aims to measure progress
– OECD Eurasia Week facilitates policy dialogue discussions on economic challenges
– The Secretariat provides data, analysis, and forecasts on economic developments
– The Secretary-General, selected by consensus, leads the Council
– Specialized committees focus on policy areas like economics, trade, and education
– About 200 committees, working groups, and expert groups discuss policies
– Committees review progress in their respective policy areas
– OECD decisions require unanimous voting among members
– Dependent territories of member states may have membership
– The Dutch Caribbean and British territories are part of OECD memberships
