• OECD stands for Organisation for Economic Co-operation and Development
  • It is an international economic organisation
  • Established in 1961
  • Secretariat : Paris
  • Members : 35
  • Latvia has joined in July, 2016
  • Aims to stimulate economic progress and world trade
  • Its members are committed to Democracy and Market Economy
  • Most OECD members are high-income economies¬†with a very high Human Development Index (HDI) and are regarded as developed countries
  • India is not a member of OECD

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