Title English:
Organisation for Economic Co-operation and Development
Acronym English:
OECD
Definition English:
The Organisation for European Economic Cooperation (OEEC) was established in 1948 to run the US-financed Marshall Plan for reconstruction of a continent ravaged by war. By making individual governments recognise the interdependence of their economies, it paved the way for a new era of cooperation that was to change the face of Europe. Encouraged by its success and the prospect of carrying its work forward on a global stage, Canada and the US joined OEEC members in signing the new OECD Convention on 14 December 1960. The Organisation for Economic Co-operation and Development (OECD) was officially born on 30 September 1961, when the Convention entered into force.
Note: The word "Organisation" with "s" and not with "z" and the word "Co-operation" with hyphen.
Title Arabic:
منظمة التعاون والتنمية في الميدان الاقتصادي
Title French:
Organisation de coopération et de développement économiques
Acronym French:
OCDE
Domain:
International Instruments
Subject:
Corporate Names/Bodies
Provenance:
France
InformationType:
Title
SourceSymbol:
A/70/348/Add.2