Abstract
Origin. Founded in 1961 to replace the Organisation for European Economic Co-operation (OEEC), which was linked to the Marshall Plan and was established in 1948. The change of title marks the Organisation’s altered status and functions: with the accession of Canada and USA as full members, it ceased to be a purely European body, and at the same time added development aid to the list of its priorities. The aims of the Organisation are to promote policies designed to achieve the highest sustainable economic growth and employment and a rising standard of living in member countries, while maintaining financial stability, and thus to contribute to the development of the world economy; to contribute to sound economic expansion in member as well as non-member countries in the process of economic development; and to contribute to the expansion of world trade on a multilateral, non-discriminatory basis in accordance with international obligations.
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Further Reading
Blair, D. J., Trade Negotiations in the OECD: Structures, Institutions and States. London, 1993
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© 2006 Palgrave Macmillan, a division of Macmillan Publishers Limited
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Turner, B. (2006). Organisation for Economic Co-operation and Development (OECD). In: Turner, B. (eds) The Statesman’s Yearbook 2007. The Statesman’s Yearbook. Palgrave Macmillan, London. https://doi.org/10.1057/9780230271357_53
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DOI: https://doi.org/10.1057/9780230271357_53
Publisher Name: Palgrave Macmillan, London
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