Why was oecd formed

Formerly Known As. In Related Record Creators. Related Fonds. From to These span the public policy horizon, from the polluter pays principle, which the OECD developed in the s, to PISA in education, not to mention tax transparency and artificial intelligence.

Throughout its history, the OECD has striven to become more global, more inclusive and more relevant. We form a like-minded community, committed to the preservation of individual liberty, the values of democracy, the rule of law and the defence of human rights. We believe in open and transparent market economy principles.

Guided by our Convention, we will pursue sustainable economic growth and employment, while protecting our planet. Our shared endeavour is to end poverty, to tackle inequalities and to leave no one behind. We want to improve the lives and prospects of everyone, inside and outside the OECD.

As a global pathfinder, the OECD will therefore continue to develop evidence-based analysis that helps generate innovative policies and standards to build stronger, more sustainable and more inclusive economies, inspiring trust and confidence for resilient, responsive and healthy societies.

We have fulfilled this role by building on our fundamental values: objectivity, openness, boldness, and integrity. Over the past 60 years, the OECD has been a catalyst for change in many aspects of public policy.

We encourage debate, provide evidence and promote a shared understanding of critical global issues. Our analyses and policy recommendations are independent and evidence-based, making our work valuable for OECD Member and Partner countries. Other proposals were made to accelerate the freeing of trade, and also to give the OEEC power to organise the European economies or rationalise them. The mutual security policy that blended economic aid and military assistance - the OEEC being replaced for some purposes on 1 January by the Mutual Security Agency MSA - almost dealt the organisation a fatal blow.

The military threat had given Atlanticists the idea of utilising the OEEC and its committees, teams of experts and statistical output, with a view to promoting the alliance's rearmament while controlling the difficult problems of inflation and allocation of raw materials. A compromise was reached: the September NATO conference in Ottawa set up a special committee Monnet, Harriman, Plowden charged with studying the question of the economic development of NATO countries in relation to the economic possibilities of each of the members.

Other autonomous agencies developed to fill out the sphere of OEEC's activities. The Marshall Plan had been a vehicle for the "cult of productivity" in the firm.

Over specialists and hundreds of farmers, organised into more than teams from 15 different countries, visited American factories and farms. Its first act was to sign a convention establishing security controls on nuclear energy. Peter Thorneycroft was responsible for coordination.

Following signature of the Rome Treaties on 25 March , an intergovernmental ministerial committee was set up in October by the Council of the Organisation, chaired by Reginald Maudling, to pursue the negotiations. The list of member countries has expanded over the years, with 37 countries today. For complementary information, see The George C. Marshall Foundation site. The European organisation adopted was a permanent organisation for economic co-operation, functioning in accordance with the following principles: promote co-operation between participating countries and their national production programmes for the reconstruction of Europe, develop intra-European trade by reducing tariffs and other barriers to the expansion of trade, study the feasibility of creating a customs union or free trade area, study multi-lateralisation of payments, and achieve conditions for better utilisation of labour.