Organisational Structure of OECD

1. Council: The Council is the highest body of OECD, which is entrusted to be the source of all the organisation’s acts. It is in charge of strategic planning and workflow. The European Commission and one person nominated from each member country make up the Council.

2. Subsidiary Bodies: The Council along with the subsidiary bodies make up the OECD bodies. Standing committees, special bodies, and substantive committees are the three types of committees in the OECD. The OECD has a total of 37, Level 1 committees. Many of them have subcommittees with titles like Level 2, Level 3, and sometimes Level 4.

3. Secretariat: The OECD Secretariat is responsible for carrying out the mandates as initiated by the council. It analyses the data, examines policy, and makes suggestions and views based on worldwide performance.

4 . Secretary General: The Secretary-General plays a crucial role in the decision-making process. The secretary-general is in charge of the organisation, leading the Secretariat, managing the budget, assisting all bodies, and representing them.

5. Committees: The committees are the third pillar of OECD’s structure. Over 250 committees comprised of over 40,000 international professionals from all over the world including member nations and non-member nations share information and ideas, and they keep track of policy areas.

OECD | Full Form, Objectives, Organisational Structure and Functions

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What is OECD?

OECD serves as a platform for government to collaborate on economic, social, and environmental policies. OECD is an important international organisation founded in 1961. OECD comprises 38 member countries from around the globe. The core mission of the OECD is to promote policies that improve the well-being and living standards of people globally. The main objective of the OECD is to foster sustainable economic growth, stability, and prosperity....

Full form of OECD

OECD stands for Organisation for Economic Cooperation and Development. It is an international alliance of 38 member countries that aims at making society better as a whole. OECD focuses on maintaining stability in the economic, social, and environmental environment of member countries....

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Objectives of OECD

The primary objective of Organisation for Economic Cooperation and Development (OECD) is to improve the global economy and encourage international trade. It entails collaborating with democratic countries to share a commitment to enhance the economy and overall well-being of their citizens. The major goal of the OECD is to assist member nations and non-member countries around the world in achieving the following:...

Organisational Structure of OECD

1. Council: The Council is the highest body of OECD, which is entrusted to be the source of all the organisation’s acts. It is in charge of strategic planning and workflow. The European Commission and one person nominated from each member country make up the Council....

Functions of OECD

1. Publishing Economic Data: The OECD is responsible for publishing economic reports, statistical databases, economic analyses, and forecasts on the outlook for economic growth worldwide....

Conclusion

Organisation for Economic Cooperation and Development (OECD) comprises 38 nations that form a multination forum to preserve peace and promote security, prosperity, and justice. OECD continues to play a significant role in raising economic efficiency and standard of living around the world. It is a platform for the governments of different countries to work together and find solutions to common problems. OECD has a strong organisational structure which strengthens the internal governance. OECD has a vision statement that is common for all member nations. OECD is contributing towards building international harmony....