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THE GOAL AND PURPOSE OF THE OECD

 

The goal and purpose of the organization is to design and promote policies that improve the economic and social well-being of people all over the world.


The OECD is a forum where governments share experiences and seek solutions to common problems and challenges. The OECD works with governments to understand what triggers economic, social and environmental changes. It measures productivity and global flows of trade and investment. By analyzing and comparing the data, it can foresee potential future trends. On the aforementioned basis, the OECD also sets guidelines and adopts international standards for diverse areas, ranging from agriculture, taxes and fight against bribery to the chemical safety.


The OECD analyzes issues that have a direct impact on people's lives; for instance: how many people pay taxes and social contributions, and also how much free time they have. It is also, for example, a leader in the comparison of how the school systems of different countries prepare young people for modern living, or how pension systems of different countries take care of citizens as they age.


On the basis of empirical evidence and experiences from real life, the OECD recommends policies aimed to improve people's lives. In doing so, the OECD cooperates with NGOs, representatives of civil society, representatives of the entrepreneurial environment and industry, and representatives of trade unions.


A key thread of the OECD's entire work is the commitment to a market economy based on democratic institutions and the focus on the prosperity of everybody.