Thursday, January 19, 2012

ORGANIZATION FOR ECONOMIC COOPERATION AND DEVELOPMENT (OECD)


The OECD is the international organization of 30 (largely industrialized) marketeconomy countries. It functions by means of its governing body, the OECD Council, and its network of about 200 committees and working groups. Its journal Monetary Market Trends, issued twice a year, assesses trends and prospects within the international and significant domestic economic markets from the OECD location. Descriptions and analyses from the structure and regulation of securities markets are usually published either as OECD publications or as specific capabilities in Economic Market Trends. An important activity is advertising very good governance within the public and private sectors. With its membership consisting of largely bigger, industrialized countries, the OECD is usually a counterweight to other bodies (such as the United Nations and the International Trade Union Confederation) which have built-in tendencies to act contrary towards the interests of its members.

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