Organisation for Economic Co-operation and Development

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Organisation for Economic Co-operation and Development (OECD)
     Founder States (1961)      Other Member States
     Founder States (1961)      Other Member States
Secretariat France Paris, France
Official languages English
French
Membership
Leaders
 -  Secretary-General José Ángel Gurría
Establishment
 -  as the OEECa 16 April 1948 
 -  reformed as the OECD 30 September 1961 
Website
www.OECD.org
a. Organisation for European Economic Co-operation.

The Organization for Economic Co-operation and Development (OECD) is an international organization of thirty four countries. Member countries of OECD all have a democratic system of government. They also accept the principle of a free economy. A country has a free economy, when its government does not control the economic activities of its citizens and companies.

The OECD started 1948 as the Organization for European Economic Co-operation (OEEC). The Second World War had just ended three years before in 1945. Some countries of Europe came together to form OEEC to help each other re-build their industry and other things destroyed in the Second World War. Later on, some non-European countries also joined this organization. In 1960, OEEC changed its name, and it became OECD: the Organization for Economic Co-operation and Development.

The OECD's headquarters are at the Château de la Muette in Paris.

Right now, OECD has thirty four countries as its members. Twenty countries became members of OECD in 1960. These countries are:

  1. Austria
  2. Belgium
  3. Canada
  4. Denmark
  5. France
  6. Germany
  7. Greece
  8. Iceland
  9. Ireland
  10. Italy
  11. Luxembourg
  12. Netherlands
  13. Norway
  14. Portugal
  15. Spain
  16. Sweden
  17. Switzerland
  18. Turkey
  19. United Kingdom
  20. United States

14 countries joined OECD after 1960. The names of these countries (with the year they joined in brackets), are:

  1. Japan (1964)
  2. Finland (1969)
  3. Australia (1971)
  4. New Zealand (1973)
  5. Mexico (1994)
  6. Czech Republic (1995)
  7. Hungary (1996)
  8. South Korea (1996)
  9. Poland(1996)
  10. Slovakia (2000)
  11. Chile (2010)
  12. Slovenia (2010)
  13. Israel (2010)
  14. Estonia (2010)