What is the OECD?
- Established in 1961
- Headquartered in Paris
- 38 member countries
- Annual budget of EUR 377 million
- Secretariat staff 3'300
- 250 publications per year
- 55% of the world's Gross Domestic Product (GDP)
- 61% of world trade
- 18% of the world population
- 95% of global public development assistance
- 41% of global CO2 emissions
What does the OECD do?
The mission of the OECD is to help its member countries to:
- Support sustainable economic growth
- Boost employment
- Raise living standards
- Maintain financial stability
- Assist other countries' economic development
- Contribute to growth in world trade
How does the OECD work?
The governments of member countries meet regularly in committees to :
- Compare experiences ("peer reviews")
- Seek solutions to common problems
- Identify good practices
- Develop international standards
- Coordinate their national and international policies
The OECD and its secretariat collect data, analyse and forecast economic and social trends and developments.
What benefits does the OECD offer Switzerland?
- International platform for advocating Switzerland's interests
- Opportunity to be involved in defining international standards
- Peer learning
- Arguments for structural reforms which are necessary but politically difficult
- Areas of particular interest: investment, competition, tax, development, health and innovation
The future of the OECD
- Status quo: risks losing influence and economic clout to new actors
- Aim: globalisation hub
- One candidate countries for accession: Costa Rica. Discussions with Russia are currently postponed.
- Enhanced engagement with the "global players" of tomorrow: Brazil, China, India, Indonesia, South Africa
Last modification 27.08.2021