OECD was officially established on September 30, 1961, with the reformation of the European Economic Cooperation Organisation (founded in 1948) via the OECD Convention dated December 14, 1960. The OECD is an intergovernmental cooperation organisation that aims at developing policies that will contribute to economic and social welfare of the entire humanity. For this purpose, the OECD conducts technical studies within the scope of the public policies, and shares the findings of these studies with the related actors, mainly the governments.
The OECD celebrated its 60 anniversary in December 14, 2020, with the participation of the high level delegates. The documents that were published regarding the 60 anniversary of the OECD can be seen via the link of http://www.oecd.org/general/Key-information-about-the-OECD.pdf. The record of the celebration event can be seen via the link of https://www.oecd.org/about/upcoming-events/60th/leaders-commemoration-event.htm.
The OECD headquarter is located in Paris, and the organisation has 38 members. There are approximately 3,300 employees of the OECD, and the budget of the organisation is around 390 million Euros. The OECD publishes almost 500 reports per year that address a wide range of topics.
Turkiye is among the founding members of the OECD. The work of the OECD covers governmental policy areas such as macroeconomic policies, trade, agriculture, taxation, finance, competition, education, health, environment, investment, industry, technology, information and communication, transportation, sectoral development, and social security. On the other hand, the OECD also serves as a forum that enables discussion in these policy areas.
The main purpose of the OECD is to inform its members about the best policy alternatives that are developed on the basis of the most contemporary data and analysis regarding the policy areas mentioned above. The OECD aims at developing global solutions for global problems. In this vein, the OECD can also be defined as a think-tank with high level of analytical capacity. Objectivity, openness, courage, pioneering, and being ethical are among the core values of the OECD.
Currently, the OECD is conducting important studies on how the economic and social recovery can be achieved in the post Covid-19 pandemic.
OECD conducts its work via the General Council that gathers once a year at the ministerial level, and committees and working parties that address various topics. OECD has a Secretariat directed by the Secretary General in order to conduct daily functioning of the OECD. In addition, topic based studies are also conducted by the special bodies such as the International Energy Agency. The current OECD Secretary General is Mathias Cormann. As 6 OECD Secretary General, his five-year term commenced on 1 June 2021.Because of the variety of topics, the work of the OECD is followed by various institutions in Turkiye. Ministry of Trade is the “National Coordination Unit” of the OECD’s Trade Committee, Steel Committee, and Committee on Consumer Policy.
The coordination among the National Coordination Units is essential in order to ensure better cooperation between our country and the OECD. Therefore, under the coordination role of the Ministry of Foreign Affairs a coordination meeting is hold in Ankara every year with the participation of the all national coordination points. Within the scope of this meeting, the current and future work related to the OECD is discussed.
OECD Ministerial Council is the main decision body of the OECD. OECD Ministerial Council comes together every year with the participation of the related ministers of the member countries in order to discuss the economic and social topics that comprise the world agenda, and set the priorities of the OECD.
The most recent OECD Ministerial Council Meeting was held in two parts, on 31 May-1 June 2021 and 5-6 October 2021 in Paris.