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Organisation for Economic Co-operation and Development

The Organisation for Economic Co-operation and Development (OECD) is an international organization that provides a forum to compare policy experiences, analyze common problems, identify good practices, and coordinate domestic and international policies to achieve sustainable economic growth around the world. The OECD plays a major role in the field of economics of education by providing domestic and international educational indicators as well as educational data derived from international studies. This entry explains the origins and structure of the OECD and briefly describes the main initiatives conducted by this organization within the domain of education.

Origins and Structure

The OECD began its existence on September 30, 1961, when it replaced the Organization for European Economic Cooperation, originally organized in 1948 to administer the Marshall Plan (also known as ...

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