Organization for Economic Co-operation and Development - OECD

What does it mean?
The OECD is a group of 30 member countries who discuss and develop economic and social policy.

In Other Words...
The OECD has been called a think tank, monitoring agency, rich man's club, and unacademic university. Whatever you want to call it, the OECD has a lot of power, as the member nations account for two thirds of the worlds goods and services.

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Related Terms
Globalization | WTO

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