What is the role of the Organization for Economic Cooperation and Development (OECD) in global economic governance?

Global Economic Organizations Questions



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What is the role of the Organization for Economic Cooperation and Development (OECD) in global economic governance?

The role of the Organization for Economic Cooperation and Development (OECD) in global economic governance is to promote policies that improve the economic and social well-being of people around the world. It serves as a platform for member countries to discuss and coordinate their economic policies, share best practices, and address global challenges. The OECD also conducts research, provides analysis and recommendations on a wide range of economic issues, and monitors the implementation of international standards and guidelines. Additionally, the organization works towards fostering international cooperation, promoting sustainable economic growth, and reducing poverty and inequality.