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Questions and Answers
What was the original name of the OECD when it was founded in 1948?
What was the original name of the OECD when it was founded in 1948?
- Committee for Economic Development
- Organization for European Economic Cooperation (correct)
- Organization for Global Economic Cooperation
- International Economic Alliance
What is one of the primary purposes of the OECD?
What is one of the primary purposes of the OECD?
- To enforce trade agreements among its member states
- To regulate international banking systems
- To build better policies for better lives (correct)
- To provide military support to member countries
How frequently does the OECD publish its Economic Surveys for each member country?
How frequently does the OECD publish its Economic Surveys for each member country?
- Every two to three years
- Annually
- Biennially
- Every one to two years (correct)
What is the focus of the Programme for International Student Assessment conducted by the OECD?
What is the focus of the Programme for International Student Assessment conducted by the OECD?
What type of data does the OECD primarily collect and analyze?
What type of data does the OECD primarily collect and analyze?
Study Notes
OECD- Organization for Economic Cooperation and Development
- The OECD is an international organization with 35 member states.
- It was established in 1948 as the Organization for European Economic Cooperation (OEEC) after World War II.
- Its mission is to build better policies for better lives.
- The OECD uses statistics, economic outlooks, and reports to analyze and compare economic growth data for its members.
- It provides policy recommendations to help its members fight poverty and promote prosperity.
- The OECD publishes the Economic Outlook, which analyzes the economic prospects of its members and major non-member countries.
- The OECD conducts the Programme for International Student Assessment (PISA) every three years to evaluate education systems around the world.
- PISA measures the knowledge of 15-year-old students and provides recommendations to improve equity in education.
- The OECD Economic Surveys are published for each member country every one to two years to discuss economic challenges and offer policy solutions.
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Description
Explore the key functions and impact of the OECD, an international organization aimed at fostering economic cooperation among its 35 member states. This quiz covers its history, publications like the Economic Outlook, and initiatives such as the PISA assessment for evaluating education systems globally.
