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The Organisation for Economic Co-operation and Development (OECD) was set up in 1961 by building on the post-war Organisation for European Economic Cooperation (OEEC) established in 1948 to manage the US Marshall Plan for the reconstruction of Europe.
The mission of the OECD is to gather data and provide high-quality analysis and advice to promote policies aimed at improving the economic and social well-being of people around the world. The OECD offers a forum where governments can come together and share their experiences, their challenges and success, but also look for solutions to pressing problems. OECD work spans across the economy, social and environmental policies, tax, education, trade and investment, science and innovation and much more.
Some of the OECD flagship publications include the Economic Outlook, the Going for Growth Report, the Pisa Report, Education at a Glance, the Migration Outlook and more.
Today the OECD has 35 members, 21 of which are EU Member States. The EU enjoys a special and unique full participant status which enables it to fully engage, participate and contribute to the work of the OECD on an equal footing with full Members (see Supplementary Protocol No.1 to the OECD Convention). Moreover, the EU is a full member of the Development Assistance Committee (DAC). The EU is a major contributor to the overall OECD budget notably through voluntary funding, with EU funds representing a quarter of all voluntary funding given to the organisation in 2015 and 2016. In addition, the 21 EU Member States members of the OECD provide together a major part of the OECD budget.
The EU Delegation to the OECD counsellors and experts from the European Commission, agencies and the ECB actively engage in a regular dialogue, through the OECD technical committees, in the areas of taxation, agriculture, health, statistics, trade, investment, education, employment, social affairs, innovation, development cooperation and many other issues. The EU Delegation also participates in the OECD governing and budget bodies to help steer and shape the organisation's work and resource planning.
Here you can find more information about EU-related work and other important areas of work of the OECD.
The EU at the OECD
Specific topics at the OECD