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The Organisation for Economic Co-operation and Development (OECD; French: Organisation de coopération et de développement économiques, OCDE) is an intergovernmental organization with 38 member countries, [1] [4] founded in 1961 to stimulate economic progress and world trade.
The OECD Development Centre was established in 1961 as an independent platform for knowledge sharing and policy dialogue between Organisation for Economic Co-operation and Development (OECD) member countries and developing economies, allowing these countries to interact on an equal footing. [1]
These countries are observer states that, to prevent future infighting, are not officially part of the BRICS bloc, yet would get support from BRICS members. These observer states must prove themselves as partners before possibly integrating as a member, similar to the accession process of the Shanghai Cooperation Organization .
Thailand hopes to become a member of the BRICS group of emerging economies at the organisation's next summit in Russia in October, a foreign ministry official said Thursday. ... Egypt, Argentina ...
There are 29 OECD member countries and the European Union—in the Development Assistance Committee (DAC), [18] a group of the world's major donor countries that discusses issues surrounding development aid and poverty reduction in developing countries. [19] The following OECD member countries are DAC members: 25 countries in Europe:
The nation was added as a member and the organization was officially renamed BRICS in September 2010. The 3rd BRICS summit in 2011 was the first held with all five titular countries in attendance as members. [5] [6] Iran, Egypt, Ethiopia, and the United Arab Emirates attended their first summit as member states at the 2024 summit in Russia. [7]
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Total (gross) government debt as a percent of GDP by IMF in 2024. General government debt in OECD (% of GDP) This is a list of countries by government debt. Gross government debt is government financial liabilities that are debt instruments.