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THE ORGANISATION FOR ECONOMIC CO-OPERATION AND DEVELOPMENT

THE ORGANISATION FOR ECONOMIC CO-OPERATION AND DEVELOPMENT. MISSION. The mission of the OECD is to promote policies that will improve the economic and social well-being of people around the world.

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THE ORGANISATION FOR ECONOMIC CO-OPERATION AND DEVELOPMENT

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  1. THE ORGANISATION FOR ECONOMIC CO-OPERATION AND DEVELOPMENT

  2. MISSION • The mission of the OECD is to promote policies that will improve the economic and social well-being of people around the world. • The OECD provides a forum in which governments can work together to share experiences and seek solutions to common problems.They work with governments to understand what drives economic, social and environmental change. • Drawing on facts and real-life experience, they recommend policies designed to make the lives of ordinary people better.

  3. The OECD’s Core Value • Objective: Analyses and recommendations are independent evidence-based. • Open:Encourage debate and a shared understanding of critical global issues. • Bold:Dare to challenge conventional wisdom starting with our own. • Ethical:Their credibility is built on trust,integrity and transparency.

  4. HISTORY • Its roots go back to the rubble of Europe after World War II.Determined to avoid the mistakes of their predecessors in the wake of World War I. • OECD was established in 1948 to run the US-financed Marshall Plan for reconstruction of a continent ravaged by war. • Canada and the US joined OEEC members in signing the new OECD Convention on 14 December 1960.

  5. HISTORY • OECD was officially born on 30 September 1961. • Today, 34 OECD member countries worldwide regularly turn to one another to identify problems, discuss and analyse them, and promote policies to solve them.

  6. Some Major OECD Achievements • 1961: OECD Codes of Liberalisation of Capital Movements and of Current Invisible Operations • 1976:OECD Guidelines for Multinational Enterprises • 1978: Arrangement on Officially Supported Export Credits • 1979 & 1995: OECD Transfer Pricing Guidelines

  7. ... • 1998:Recommendation on Effective Action against Hard-core Cartels • 2001: Recommendation on Untying Aid to Least Developed Countries • 2009 :OECD Guidelines on Human Biobanks and Genetic Research Databases • 2010: OECD Innovation Strategy • 2011:OECD Green Growth Strategy

  8. OECD COUNTRIES

  9. OECD covers; • 60% of world GDP • 76% of world trade • 19% of the world's population • 39% of the world's energy production • 54% of world energy consumption • 95% of the world official development assistance

  10. Turkey’s Relationship with OECD Turkey, the OECD is one of the founding 20 members. Turkey, in the context of global economic developments and their results closely follow the OECD, and contributes to the work. OECD studies and best practices in the countries in which the development and reform process in Turkey, to create a good foundation for the changes required by legislation and practice, and provides the possibility of sampling.

  11. OECD’s WORKING METHOD Analysis Collection of Data & Information Making Discussions Decision Making Implementations Peer Reviews & Multilateral Surveillance

  12. Common decisions taken by the representative of the member states and the European Commission. • As a result of researches, Economic Study draft that includes proposals is created • Committee come together, and discuss policy regarding the information • Evaluation of the relevant country under the guidance of analyser countries & other member countries • Analyzed country advocates its policies • Draft is revised by the help of proposals • It is accepted by Committee

  13. Overview ‌Economic Survey of Turkey 2012 1.Turkey’s economy rebounded vigorously following the global crisis, but in the process external and domestic macroeconomic imbalances emerged.

  14. 2.Rebalancing has started but needs to be consolidated.

  15. 3.A new monetary policy regime was put in place in late 2010.

  16. 4.External competitiveness remains crucial for Turkey’s economic performance both in the short and the long term.

  17. 5.Structurally strengthening the business sector is crucial to boost productivity.

  18. 6.Potential output and living standards could be raised by up to a quarter by 2030 relative to a baseline projection.

  19. Aims of the OECD • To achieve the highest sustainable economic growth and employment and a rising standard of living in Member countries, while maintaining financial stability, contribute the development of world economy.

  20. To contribute to sound economic expansion in Member as well as nonmember countries in the process of economic development

  21. To contribute to the expansion of world trade on a multilateral, nondiscriminatory basi in accordance with international obligations.

  22. The countries that are members of OECD or trying to be one have some common principles ; • Democracy • Commitment to human rights and freedom • Consistent development with the open market economy

  23. OECD tries to have these principles in the member countries. • Also, promotes these principles in non-member countries.

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