The mission of the Organisation for Economic Co-operation and Development (OECD) is to promote policies that will improve the economic and social well-being of people around the world.
The OECD provides a forum in which governments can work together to share experiences and seek solutions to common problems. We work with governments to understand what drives economic, social and environmental change. We measure productivity and global flows of trade and investment. We analyse and compare data to predict future trends.
WHAT WE DO AND HOW
OECD uses its wealth of information on a broad range of topics to help governments foster prosperity and fight poverty through economic growth and financial stability. We help ensure the environmental implications of economic and social development are taken into account.
OECD's work is based on continued monitoring of events in member countries as well as outside OECD area, and includes regular projections of short and medium-term economic developments. The OECD Secretariat collects and analyses data, after which committees discuss policy regarding this information, the Council makes decisions, and then governments implement recommendations.
LIST OF OECD MEMBER COUNTRIES
The OECD budget for 2012 is EUR 347 million.
How we are funded
OECD is funded by its member countries. National contributions are based on a formula which takes account of the size of each member's economy. The largest contributor is the United States, which provides nearly 22% of the budget, followed by Japan. Countries may also make voluntary contributions to financially support outputs in the OECD programme of work.
How the budget is managed
The size of OECD's budget and its programme of work are determined on a two-year basis by member countries. The Organisation's planning, budgeting and management are all organised on a results-based system. OECD does not dispense grants or make loans.
We are focusing on helping governments in our member countries and elsewhere in four main areas:
i. First and foremost, governments need to restore confidence in markets and the institutions and companies that make them function. That will require improved regulation and more effective governance at all levels of political and business life.
ii. Secondly, governments must re-establish healthy public finances as a basis for future sustainable economic growth.
iii. In parallel, we are looking for ways to foster and support new sources of growth through innovation, environmentally friendly ‘green growth’ strategies and the development of emerging economies.
iv. Finally, to underpin innovation and growth, we need to ensure that people of all ages can develop the skills to work productively and satisfyingly in the jobs of tomorrow.
Where is Organisation for Economic Co-operation and Development (OECD)