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TeachMeFinance.com - explain Organisation for Economic Co-operation and Development (OECD) Organisation for Economic Co-operation and Development (OECD) The term 'Organisation for Economic Co-operation and Development (OECD)' as it applies to the area of nuclear science can be defined as ' An intergovernmental organization (based in Paris, France) which provides a forum for discussion and cooperation among the governments of industrialized countries committed to democracy and the market economy. The primary goal of the OECD and its member countries is to support sustainable economic growth, boost employment, raise living standards, maintain financial stability, assist other countries' economic development, and contribute to growth in world trade. In addition, the OECD is a reliable source of comparable statistics and economic and social data. The OECD also monitors trends, analyzes and forecasts economic developments, and researches social changes and evolving patterns in trade, environment, agriculture, technology, taxation, and other areas. '. Previous 5 Terms: Organic content Organic farming Organic foods organic matter Organic waste Next 5 Terms: Organism organism Organization for Economic Development and Cooperation (OECD) Organization of the Petroleum Exporting Countries (OPEC) Organizational Determination About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.