The Organisation for Economic Co-operation and Development (OECD) is an intergovernmental organization with 38 member countries, established in 1961 to foster economic progress and world trade. It serves as a forum for countries committed to democracy and market economies to collaborate on policy, address shared challenges, and coordinate domestic and international policies. The OECD's headquarters are located in Paris, France. Mathias Cormann currently serves as the Secretary-General.
The OECD provides a platform where governments can share experiences, seek answers to common challenges, identify good practices, and develop high standards for economic policy. Its work spans a broad spectrum of economic, social, and scientific areas, including macroeconomic analysis, education, biotechnology, trade, and digital economy. The OECD facilitates discussions and peer reviews, and some of its instruments, such as the Anti-Bribery Convention, are legally binding. The organization also conducts outreach activities to non-member countries, businesses, and civil society. Recent focuses include updating guidance on Mutual Agreement Procedures for tax administrations and addressing the tax implications of remote work. The OECD is set to release its Interim Economic Outlook on March 26, 2026.
