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Non-Members (CCNM) develops and oversees the strategic orientations of the OECD's global
relations with non-members.
5.2.4 Work and Function of OECD
The OECD has been mandated by its member countries in economics, environmental, and social
issues. It is engaged reforms from policy level to results and outcome levels. It achieves it
objectives through non-binding instruments base on peer pressure. OECD is not only working
with states but it has functional relations with other IGOs, NGOs, business and trade unions and
other stakeholders.
OECD follows a diplomatic approach in its routine task by facilitating discussion, motivating
and pursuing for cooperation. It works as a global forum for the member countries. OECD's
work is based on continued monitoring of events in member countries as well as outside OECD
area, and includes regular projections of short and medium-term economic developments. This
organization does not dispense grants or make loans or give financial assistance, like the World
Bank or the International Monetary Fund do.
At present OECD is working in six different fields, which are sub-divided into 26 sub-fields.
OECD has grouped them as under.
Development Sustainability Society Finance Governance Innovation Economy
Development Issues
Source: OECD 2010
Fisheries
Energy
Environment
Sustainable
Development
Education
Employment
Social and Welfare
Issues
Health
Migration
Financial Markets
Insurance and
Pensions
Investment
Tax
Corporate
Governance
Public Governance
and Management
Fighting Corruption
Regulatory Reform
Biotechnology
Science and
Innovation
Information and
Communication
Technologies
Competition
Economics and
Growth
Regional, Rural and
Urban Development
Agriculture
Enterprise, Industry
and Services
The OECD Secretariat collects and analyses data, after which committees discuss policy
regarding this information, the Council makes decisions, and then governments implement
recommendations.
OECD gathers analyses and disseminates practical information related to education, health,
economics and environment for member as well as non member countries. Its objectives are to
build better world economy. It efforts to bring prosperity in the world through better utilization
of information, new ideas, innovation, shared international cooperation that lead to better use of
human and natural resources. Today the OECD has become a leading source of economic data.
Trade