📍Key facts about OECD 👇


👉🏻It is an international organisation of 38 countries committed to democracy and the market economy.

👉🏻Its members are typically democratic countries that support free-market economies.

👉🏻It was established on Dec. 14, 1960, by 18 European nations, plus the United States and Canada.

👉🏻Goal: To shape policies that foster prosperity, equality, opportunity and well-being for all.

👉🏻It publishes economic reports, statistical databases, analyses, and forecasts on the outlook for economic growth worldwide.

👉🏻The organization also seeks to eliminate bribery and other financial crime worldwide.

👉🏻It maintains a so-called "black list" of nations that are considered uncooperative tax havens.

👉🏻India is one of the many non-member economies with which the OECD has working relationships in addition to its member countries.

👉🏻Headquarters: Paris, France.