<P> The Organisation for Economic Co-operation and Development ( OECD ; French : Organisation de coopération et de développement économiques , OCDE ) is an intergovernmental economic organisation with 35 member countries , founded in 1960 to stimulate economic progress and world trade . It is a forum of countries describing themselves as committed to democracy and the market economy , providing a platform to compare policy experiences , seeking answers to common problems , identify good practices and coordinate domestic and international policies of its members . Most OECD members are high - income economies with a very high Human Development Index ( HDI ) and are regarded as developed countries . OECD is an official United Nations Observer . </P>
<P> The Organisation for Economic Co-operation and Development ( OECD ; French : Organisation de coopération et de développement économiques , OCDE ) is an intergovernmental economic organisation with 35 member countries , founded in 1960 to stimulate economic progress and world trade . It is a forum of countries describing themselves as committed to democracy and the market economy , providing a platform to compare policy experiences , seeking answers to common problems , identify good practices and coordinate domestic and international policies of its members . Most OECD members are high - income economies with a very high Human Development Index ( HDI ) and are regarded as developed countries . OECD is an official United Nations Observer . </P>
oecd stands for organization for economic cooperation and
oecd stands for organization for economic cooperation and
Development
Development