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Intergovernmental economic organization

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OECD: Intergovernmental economic organization
The Organisation for Economic Co-operation and Development is an intergovernmental organization with 38 member countries, founded in 1961 to stimulate economic progress and world trade. It is a forum whose member countries describe themselves as committed to democracy and the market economy, providing a platform to compare policy experiences, seek answers to common problems, identify good practices, and coordinate domestic and international policies of its members.

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Developed countries surpassed their $100 billion climate finance commitment in 2022: OECD

Developed countries exceeded the $100 billion climate finance goal for developing nations in 2022, reaching $115.9 billion. The OECD highlighted the importance of continued momentum and private finance..
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UK interest rates should stay high until inflation eases further, OECD says

One of the world's leading economic authorities has warned the UK that borrowing should remain expensive until the rate of price rises eases further and stays there.
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Data suggests why Chinese manufacturers dominate in so many sectors

Chinese manufacturers receive nine times more government support than their Western counterparts, according to calculations from the Organisation for Economic Co-operation and Development (OECD) which..
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With 4 lakh new migrants, India was top source country for OECD in 2021

China has the highest number of international students in OECD countries, while India has the highest flow of new migrants, according to a report by the OECD. India saw an outflow of 400,000 new..
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Indians no. 1 in getting citizenship of rich nations, most of them in US

According to an OECD report, Indians are the largest group acquiring rich-country citizenship, with Canada experiencing the biggest increase in granting citizenship to foreign nationals. In 2021,..
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OECD Secretary-General Mathias Cormann arrives in New Delhi for G20 Summit

Mathias Cormann, the Secretary-General of the Organisation for Economic Co-operation and Development (OECD), has arrived in India to attend the G20 Summit in New Delhi. The G20 Summit, the first under..
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UK to have highest inflation in developed world this year, OECD warns

uk to have highest inflation in developed world this year, oecd warns
Britain will have the highest inflation of any major developed economy this year but should narrowly avoid recession, the Organisation for Economic Co-operation and Development (OECD) has said in its..
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Citizenship in Oecd-member countries rebounds to stand at 23 lakh in 2021, over 1.3 lakh Indians acquired citizenship in 2020

The number of foreign nationals acquiring citizenship in Oecd-member countries in 2021 is the highest ever recorded at 23 lakh, based on preliminary and partial data, according to the International..
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India has 4.36 lakh students in Oecd-member countries, second to China with 9.7 lakh students

International students are an important feeder – contributing to the workforce in the host country, according to the annual migration report issued by the Organisation for Economic Co-operation and..
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OECD predicts $2.8trn hit to global economy next year with UK flatlining entirely

oecd predicts $2.8trn hit to global economy next year with uk flatlining entirely
The global economy will suffer a $2.8trn (£2.6trn) hit next year in the wake of Russia's war in Ukraine, according to an international policy forum that is predicting zero growth for the UK.
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'Humanitarian disasters' if Russia and Ukraine wheat exports are stopped - OECD

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Some countries could face humanitarian disasters if Russia and Ukraine stop wheat exports, according to an OECD report on the economic impact of the war.
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Help vaccinate poor countries or face more new variant shocks, rich economies told

help vaccinate poor countries or face more new variant shocks, rich economies told
The world's rich nations must help vaccinate the poorest nations or else they will face a continual cycle of economic shocks and restrictions in the face of new variants, the OECD's chief economist has..
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