An international organization helping governments tackle the economic, social and governance challenges of a globalized economy. Its membership comprises about 30 member countries. With active relationships with some 70 other countries, NGOs and civil society, it has a global reach. For details about the organization, visit http://www.oecd.org.
A group of the leading industrialized countries in the Western world, which tend to act in concert on broad issues of international economic and politics. The Group of Seven, and the Group of Ten, are subsets of the OECD, which form for financial or economic reasons.
a multilateral organization that promotes policies to increase economic growth and employment, and improve the standard of living both in member and non-member countries.