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OECD

International economic organisation

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OECD: International economic organisation
The Organisation for Economic Co-operation and Development is an intergovernmental economic organisation with 36 member countries, founded in 1961 to stimulate economic progress and world trade. It is a forum of countries describing 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. Most OECD members are high-income economies with a very high Human Development Index (HDI) and are regarded as developed countries. As of 2017, the OECD member countries collectively comprised 62.2% of global nominal GDP and 42.8% of global GDP at purchasing power parity. The OECD is an official United Nations observer.

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Should Australia be in PISA shock?

From every viewpoint, the Australian PISA results were a bad set of numbers. Should we be in shock, asks an Australian who led the OECD's latest global test of 15-year-olds.
The Age - Published

'Alarm bells': Australian students record worst result in global tests

Australian students have failed for the first time to exceed the OECD average in maths, while NSW recorded the country's biggest drops in reading and science
The Age - Published

Videos for OECD


France reaches deal with U.S to push ahead with OECD digital tax talks [Video]France reaches deal with U.S to push ahead with OECD digital tax talks

France and the United States agreed on Thursday how to press ahead with a global rewrite of cross-border tax rules for the digital era, French Finance Minister Bruno Le Maire said. Francesca Lynagh..

Credit: Reuters Studio     Duration: 01:16Published

France rejects U.S. proposal on international tax reform [Video]France rejects U.S. proposal on international tax reform

France rejects a U.S. idea for companies to opt out of a proposed international tax reform, Finance Minister Bruno Le Maire said on Friday, urging Washington to negotiate in good faith. Ciara Lee..

Credit: Reuters Studio     Duration: 01:23Published

 

Education levels stagnating despite higher spending: OECD survey

Education performance has largely stagnated in many OECD countries over the last two decades despite higher spending, the Organisation for Economic Cooperation and Development said on Tuesday in a..
Reuters - Published

U.S. backs Brazil for OECD membership, but Argentina first

The U.S. government said on Thursday that it supported Brazil's taking steps toward joining the Organization for Economic Cooperation and Development (OECD), though it is first backing accession by..
Reuters - Published

U.S. withholds support for Brazil OECD bid despite Trump endorsement

The U.S. government has not yet formally backed Brazil's bid to join the Organization for Economic Cooperation and Development despite a public endorsement by President Donald Trump, according to two..
Reuters - Published

U.S. supports Brazil’s steps towards OECD membership: Pompeo

The United States supports Brazil's bid to join the Organization for Economic Cooperation and Development (OECD), Secretary of State Mike Pompeo said in a statement on Thursday.
Reuters - Published

U.S. drops support for Brazil OECD bid after Trump offered backing: Brazilian sources

The U.S. government has not backed Brazil's bid to join the Organization for Economic Cooperation and Development despite a public endorsement by President Donald Trump, according to two Brazilians who..
Reuters - Published

U.S. does not back Brazil for OECD membership: Brazil officials

The U.S. government said in a letter to the Organization for Economic Co-operation and Development (OECD) that it was backing Argentina and Romania for full membership, but made no mention of Brazil's..
Reuters - Published

OECD joins Australia's push against online extremist material

Australia will work with the OECD and New Zealand to develop a reporting protocol for tech companies to reveal publicly how many terrorist postings they remove.
SBS - Published

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