OECD
Paris-based economic forum
OECD stands for Organisation for Economic Co-operation and Development, an international body of 38 member countries, mostly wealthy democracies, that promotes policies aimed at economic growth, trade, and development.
The organization collects data, publishes research, and sets standards on everything from tax policy to education.
References to OECD countries or OECD averages typically serve as benchmarks for comparing national performance: U.S. healthcare spending far exceeds the OECD average.
National output abbreviation
- growthIncrease in size
- productivityOutput relative to input
- inflationSustained price level increase
- tradeExchange of commodities
investment · fiscal policy · monetary policy · economic outlook · forecasts · indicators · statistics · development
Having established manufacturing economies
- G7Leading economies' summit group
- non-memberOne without membership
- candidatePerson seeking selection
- joiningLinking into one
Suggested rules for behavior
- recommendationsProposed courses of action
- best practicesProven effective methods
- peer reviewExpert evaluation before publication
- benchmarkingMeasuring against top performers
standards · compliance · governance · regulatory · reform · coordination · harmonization · surveys
Global education ranking system
- assessmentFormal evaluation of worth
- rankingsOrdered list by performance
- student performanceLearner achievement metrics
- literacyAbility to read, write
numeracy · skills · learning outcomes · education policy · school systems · testing · teaching · curriculum
Between or among governments
- ParisFrance's chief city
- member statesCountries within a union
- secretariatAdministrative office of organization
- headquartersCentral command location
council · committees · directorate · founding · convention · membership · accession · observer
Legal payment minimization
- double taxationRevenue assessed twice
- minimum taxLowest tax threshold enforced
- multinationalOperating across multiple countries
- tax havensLow-levy jurisdictions for assets
Hereditary membership society
- aidSupport given freely
- foreign assistanceSupport given to other countries
- donor countriesNations giving foreign assistance
- recipientOne who receives something
humanitarian · poverty reduction · sustainable development · developing nations · grants · loans · effectiveness
GDP
National output abbreviation
- growthIncrease in size
- productivityOutput relative to input
- inflationSustained price level increase
trade · investment · fiscal policy · monetary policy · economic outlook · forecasts · indicators · statistics · development · recession
industrialized
Having established manufacturing economies
- G7Leading economies' summit group
- non-memberOne without membership
- candidatePerson seeking selection
joining · eligibility · criteria · expansion · high-income
guidelines
Suggested rules for behavior
- recommendationsProposed courses of action
- best practicesProven effective methods
- peer reviewExpert evaluation before publication
benchmarking · standards · compliance · governance · regulatory · reform · coordination · harmonization · surveys · reviews
PISA
Global education ranking system
- assessmentFormal evaluation of worth
- rankingsOrdered list by performance
- student performanceLearner achievement metrics
literacy · numeracy · skills · learning outcomes · education policy · school systems · testing · teaching · curriculum · educational attainment
intergovernmental
Between or among governments
- ParisFrance's chief city
- member statesCountries within a union
- secretariatAdministrative office of organization
headquarters · council · committees · directorate · founding · convention · membership · accession · observer · affiliate
tax avoidance
Legal payment minimization
- double taxationRevenue assessed twice
- minimum taxLowest tax threshold enforced
- multinationalOperating across multiple countries
DAC
Hereditary membership society
- aidSupport given freely
- foreign assistanceSupport given to other countries
- donor countriesNations giving foreign assistance
recipient · humanitarian · poverty reduction · sustainable development · developing nations · grants · loans · effectiveness
OECDGlobal South
Economically disadvantaged nations collectively
underdeveloped nations · emerging markets · emerging economies · BRICS · African Union
OECDWTO
Global commerce regulator
World Bank · IMF · regulatory authority · NATO · trade agreement
- OECD guidelinesWealthy nations' policy recommendations