The mission of the Organization for Economic Co-operation and Development is to promote policies that will improve the economic and social well-being of people around the world.
The OECD works with governments to understand what drives economic, social and environmental change and provides a forum in which governments can work together to share experiences and seek solutions to common problems.
We measure productivity and global flows of trade and investment. We analyze and compare data to predict future trends. We set international standards on a wide range of things, from agriculture and tax to the safety of chemicals.
We also look at issues that directly affect everyone’s daily life, like how much people pay in taxes and social security, and how much leisure time they can take. We compare how different countries’ school systems are readying their young people for modern life, and how different countries’ pension systems will look after their citizens in old age.
We work with business, through the Business and Industry Advisory Committee, and with labour, through the Trade Union Advisory Committee and we have active contacts with other civil society organizations.
The common thread of our work is a shared commitment to market economies backed by democratic institutions and focused on the wellbeing of all citizens. Along the way, we also set out to make life harder for the terrorists, tax dodgers, crooked businessmen and others whose actions undermine a fair and open society.
Drawing on real-life experience, we recommend policies designed to improve the quality of people’s lives. Currently we are focused on helping governments around the world to:
- Restore confidence in markets and the institutions that make them function.
- Re-establish healthy public finances as a basis for future sustainable economic growth.
- Foster and support new sources of growth through innovation, environmentally friendly ‘green growth’ strategies and the development of emerging economies.
- Ensure that people of all ages can develop the skills to work productively and satisfyingly in the jobs of tomorrow.