Courses : Intermediate Macroeconomics Lecturer : Frischa Adellia Semester : 4th Semester, 2022/2023 Sesion Organization for Economic Co-operation and Development (OECD) The Organization for Economic Co-operation and Development (OECD) is an international organization founded in 1961. The main objective of the OECD is to promote stable and inclusive economic growth and sustainable economic development worldwide. The OECD consists of 38 member countries, the majority of which are developed and developing countries in Europe, North America and Asia. Some of the main tasks and functions of the OECD include: 1. Economic and social analysis: The OECD conducts in-depth analysis of the economic and social problems faced by member countries and provides relevant policy recommendations. 2. International development and cooperation: The OECD supports member countries in promoting fair and sustainable international trade and investment. 3. Education and skills: The OECD promotes the development of skills and education relevant to the needs of global labor markets. 4. Innovation and technology: The OECD facilitates the exchange of information and knowledge on innovation and technology between member countries. 5. Environment and sustainable development: The OECD assists member countries in addressing environmental issues and supporting sustainable development. 6. Social policy: The OECD conducts research and provides advice on social policies, such as social welfare and social protection. As an important international institution in promoting economic growth and sustainable development, the OECD also has several important programs and initiatives, such as the Economic Monitoring Program, the Foreign Directory Investment Program, the International Education Program and the Digital Governance Program. Overall, the OECD has an important role to play in promoting international cooperation and sustainable economic growth worldwide. Through in-depth economic and social analysis, and support for sustainable social and environmental development, the OECD seeks to improve living conditions worldwide. In addition to the main tasks and functions previously mentioned, the OECD also has several important programs and initiatives to achieve its goals. Some of them are: 1. Economic Monitoring Program: This program provides economic analysis and forecasts for OECD member and non-member countries. The program also provides relevant policy advice, including in the areas of fiscal policy, monetary policy and structural policy. 2. Foreign Directory Investment Program (FDI): This program assists member countries in promoting sound and sustainable foreign investment. This program also provides relevant policy advice in the investment sector, including in terms of investor protection and the development of investment infrastructure. 3. International Education Program (PISA): This program is a survey conducted every three years to evaluate the skills and knowledge of students around the world. The program assists member countries in improving their education systems and promoting skills relevant to the needs of the global labor market. 4. Digital Governance Program: This program assists member countries in developing digital governance policies and practices, including in areas of public services, data protection, and transparency. In addition, the OECD also has several other initiatives and projects that are relevant to its goal of promoting economic growth and sustainable development worldwide, such as the OECD initiative for Green Growth, the Project for Women's Economic Inclusion, and the Program for International Consumer Protection. In order to achieve its goals, the OECD also cooperates with various international organizations and other countries around the world, including the World Bank, the International Monetary Fund and the European Union. In addition, the OECD also has several important political dialogue platforms, including: 1. Minister of Finance Meeting: This meeting is held annually and discusses important topics in finance, including economic growth, fiscal policy, and monetary policy. 2. Economic Ministers Meeting: This meeting is held annually and discusses important issues in economic development, including trade, investment and innovation policies. 3. Minister of Environment Meeting: This meeting is held annually and discusses environmental issues, including climate change, energy, and sustainability. 4. High Level Meetings: These meetings are held every few years and are attended by state and government leaders from OECD member countries. This meeting discusses important economic and social issues and determines the strategic direction of the organization. Overall, the OECD is an important international institution for economic cooperation and development around the world. With its programmes, initiatives and platform for political dialogue, the OECD can assist member and non-member countries in promoting economic growth and sustainable development, as well as promoting policies that are in line with widely accepted international standards.