Dictionary
oecd
initialism
The Organisation for Economic Co-operation and Development.
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The word 'oecd' is correct and can be used in written English.
It stands for the Organization for Economic Cooperation and Development, an international organization that works to promote economic development and cooperation between member countries. Example: The oecd published a report on global economic outlook last week, highlighting the challenges faced by developing countries in the wake of the pandemic.
Exact(60)
A ticking off from the UK statistics chief, Sir Andrew Dilnot, for an egregious misreading of the OECD education league tables also suggested a self-serving approach to evidence.
The OECD was a supporter of workers in southern European countries taking a hit to their wage packets and argues that "wage adjustments have played an important role in helping the labour market weather the deep cyclical downturn, reducing job losses in the downturn and promoting employment growth in the recovery".
The OECD draws a link between Britain's poor productivity record and the squeeze on living standards over recent years.
But excluding this relief, aid flows to the world's poorest countries still fell by 8% as donors favoured loans to middle-income states, the OECD said.
Crises such as the Ebola outbreak in west Africa and mass displacement in Central African Republic, South Sudan and Syria triggered a 22% rise in humanitarian spending among the DAC's 28 member countries, which spent $13bn in that area last year, the OECD said.
"I am encouraged to see that development aid remains at a historic high at a time when donor countries are still emerging from the toughest economic crisis of our lifetime," said the OECD secretary general, José Ángel Gurría.
This lack of statistical transparency has also been a focal point of criticism levelled at Pisa and indeed the OECD.
DfID said it will ensure CDC only invests via jurisdictions deemed to have substantially implemented tax standards, according to the OECD global forum on tax and transparency.
According to the OECD, Britain grew fastest out of the G7 in the last quarter.
Huge debt relief to Burma was behind much of the fall in aid to LDCs, the OECD said in its annual report (pdf).
OECD ministers recently committed to provide more development assistance to the countries most in need.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com