Question

(1) What are the primary reasons that the OECD exists?

(2) How would you describe the OECD’s current areas of concern and focus?

(3) What role do you think the OECD will play in the future with respect to corporate governance and related issues?

(http://www.oecd.org). Examine the origins of the organization and its unique role in the global economy

Answer 1

1) Organization for Economic Corporation and Development (OECD), international organization established in the year September 30, 1961. And it has presently 35 members countries.

The second war resulted in the greater loss to the participant countries, the leaders of the nations realized interdependence and mutual corporation required for their counties economic progress.

2) The current concerned areas of OECD are fighting against poverty and environmental issues and prosperity and financial stability of the nations. Thus concerned areas of OECD is the broader area.

3) Modern world no countries economic self-sufficient it directly or indirectly depends on other nations the mutual corporation of the member's countries of OECD essential for the success of the OECD objectives.