In 1961, the Organisation for Economic Co-operation and Development (OECD) superseded the OEEC, which had been founded in 1947 to administer the Marshall Plan aid for the reconstruction of Europe after the Second World War. Switzerland has been a member since the organisation was founded.
- brings together 30 member countries committed to democracy and the market economy
- has the following responsibilities, according to article 1 of the OECD Convention:
– achieve the highest sustainable economic growth and employment
– achieve a rising standard of living in member countries maintain financial stability
– contribute to sound economic expansion in non-member countries
– contribute to the expansion of world trade
- provides statistics and indicators on economy and society
- analyses and forecasts macroeconomic developments
- examines social change and developments in various areas such as trade, environment, agriculture, technology, and taxation.
It supports governments in
- exchanging experiences about policy approaches
- finding solutions to shared problems
- identifying promising strategies
- coordinating national and international policy.
The OECD Council is responsible for strategic leadership and supervision, and is made up of the representatives of the member countries and the European Commission. The Secretariat, headed by the Secretary-General, develops analyses and proposals. Conventions serve to implement agreed political measures. For those measures to have effect in a country, they must be signed by the country. Together with the OECD Secretariat, important representatives of the member countries and invited non-member countries work on specific topics such as employment, education, social policy; economy; environment and sustainable development; finances; governance; innovation. This is done in various committees.
The Federal Finance Administration participates in various committees as well as working groups and expert groups.