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Organization for Economic Cooperation and Development

Organization for Economic Cooperation and Development. By: Shane . History. Established in 1948 (OEEC) Canada, U.S joined in 1960 (OECD) Birth on September 30 1961 Other countries started joining in, starting with Japan in 1964. Who’s Involved?.

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Organization for Economic Cooperation and Development

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  1. Organization for Economic Cooperation and Development By: Shane

  2. History • Established in 1948 (OEEC) • Canada, U.S joined in 1960 • (OECD) Birth on September 30 1961 • Other countries started joining in, starting with Japan in 1964

  3. Who’s Involved? • 34 countries involved including; U.S, Canada, UK, Mexico etc.

  4. Objective • To promote policies that will improve the economic and social well-being of people around the globe. • To make life harder for those who undermine a fair and open society i.e terrorists, tax dodgers, crooked businessman

  5. Benefits to Global Trade • Bring together trade policy makers • Discuses current trade policy issues • focuses on issues of importance only

  6. Limitations • Reports show only formal incidence on taxes for employers and employees • The final economic incidence could be quite different, due to the difference of gross wages between employer and employee.

  7. Interesting! • Hosted Nobel Prize Awards • Board member awarded Nobel prize for work and study in Microeconomics. • Turned 50 years old

  8. Sources • http://www.oecd.org/tax/tax-policy/45120751.pdf • http://www.oecd.org/general/listofoecdmembercountries-ratificationoftheconventionontheoecd.htm • http://www.oecd.org/about/history/

  9. QUIZ • When did Canada and U.S join? Ans- 1960 • What was the OCED originally called? Ans- OEEC

  10. Thank You!

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