The Organization for Economic Co-operation and Development (OECD) is a group of 37 member countries that discuss and develop economic and social policy. OECD members are typically democratic countries that support free-market economies.
Salient Points About OECD
This organization 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.
It 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.
It analyzes and reports on the impact of social policy issues–such as gender discrimination on economic growth and makes policy recommendations designed to foster growth with sensitivity to environmental issues.
Why OECD Work on Education Matters?
The OECD's work on education helps improve educational quality and accessibility on a global scale. The Organization conducts research, collects data, and allows countries to benchmark their performance and learn from one another.
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