competition refresher magazine

competition refresher magazine 

competition refresher magazine Published this article page no 34  The Organisation for Economic Cooperation and Development (OECD) recently reported that the Russian invasion of Ukraine could reduce the global growth rate by a percentage this year and increase inflation by twoandahalf percentage points. What were the other important observations made by OECD?  Wars impact on European Union could be high because of its high dependence on Russias energy imports  OECD countries through increased government spending by 0.5% could lessen the impact of inflation on these countries About OECD Origin  Organisation for European Economic Cooperation (OEEC) was founded in 1948 to help administer the Marshall Plan  In 1961 the OEEC was reformed into the Organisation for Economic Cooperation and Development by the Convention on the Organisation for Economic Cooperation and Development and membership was extended to nonEuropean states  Headquarter — Paris France  It works through consensus to develop policy recommendations and other soft law instruments to encourage policy reform in member countries Membership  Currently it has 38 members  India is not a member but a key partner  It is a forum of countries describing themselves as committed to democracy and the market economy  Most OECD members are highincome economies with a very high Human Development Index (HDI) and are regarded as developed countries  It provides a platform to compare policy experiences seek answers to common problems identify good practices and coordinate domestic and international policies of its members. Resources — funded by contributions from member states at varying rates Governance  OECD Council — provide direction and guidance to the work of the Organisation. Each member country is represented.  OECD Substantive Committees — oversee all the work on each theme (publications task forces conferences and so on)  OECD Secretariat — led by the SecretaryGeneral provides support to Standing and Substantive Committees Special bodies and entities associated with OECD  International Transport Forum (ITF) (formally known as the European Conference of Ministers of Transport)  International Energy Agency  Nuclear Energy Agency  Partnership for Democratic Governance (PDG)  Trade Union Advisory Committee (TUAC) Insta curious Know how OECD is helping to usher green and sustainable  competition refresher magazine buy.

competition refresher magazine