OECD – Organisation for Economic Cooperation and Development


The Organisation for Economic Cooperation and Development (OECD) was established on 14 December 1960 by the Convention on the Organisation for Economic Cooperation and Development. Entered into force on 30 September 1961, the OECD replaced the Organisation for European Economic Cooperation (OEEC) established in 1948 to manage the so-called ‘Marshall Plan’ for post-war reconstruction of the European economy.

From initial 20 countries including Italy (founding country), today the OECD consists of 38 member countries: Australia, Austria, Belgium, Canada, Chile, Colombia, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Israel, Italy, Japan, Latvia, Lithuania, Luxembourg, Mexico, Netherlands, New Zealand, Norway, Poland, Portugal, Republic of Korea, Slovak Republic, Slovenia, Spain, Sweden, Switzerland, Turkey, United Kingdom, United States (data at 28 April 2020).

Within the wide landscape of international bodies, the OECD mission is aimed at promoting policies at global level to improve citizens’ economic and social well-being through market integration and achievement of the highest levels of economic growth and sustainable employment, fostering investment and competitiveness while maintaining financial stability.

Further information:

Ministry of Foreign Affairs and International Cooperation

OECD (Organisation for Economic Co-operation and Development)

OSCE (Organisation for Security and Cooperation in Europe)