On September 7, 2010, Israel became the 33rd
member of the OECD. The Organisation for Economic Co-operation and
Development is an international economic organization of 34 countries
founded in 1961 to stimulate economic progress and world trade. It is a
forum of countries committed to democratic values and embracing the open
It provides a platform on which Member countries can
compare policy experiences, find solutions to common problems, identify
good practices, and co-ordinate their domestic and international
Its mandate covers economic, environmental, and social issues.
It defines "soft law"-non-binding instruments. In this work, the OECD
cooperates with businesses, trade unions, as well as representatives of
civil society. Its headquarters is at Paris, France.
The OECD's structure embraces three main bodies:
The OECD member countries, each represented by a delegation led by an ambassador. Together, they form the OECD Council.
The OECD Secretariat, led by the Secretary-General. The Secretariat
is organised in directorates each responsible of collecting data,
monitoring trends, and analysing economic developments in its own area.
The OECD Committees, one for each work area of the OECD. Committee
members are generally subject-matter experts from member and non-member
countries. The committees decide on the programme of work on each theme
(publications, task forces, conferences, and so on).
The OECD promotes policies designed:
to contribute to sound economic expansion in member as well as
nonmember countries in the process of economic development, taking care
of improving standards of living and employment rate.
to contribute to the expansion of world trade on a multilateral,
nondiscriminatory basis in accordance with international obligations.
The OECD publishes books, reports, statistics, working papers and
reference materials. All titles and databases published since 1998 can
be accessed via OECD iLibrary.