Organisation for Economic Co-Operation and Development (OECD)

The OECD is made up of 30 member countries that share a commitment to democratic government and market economy. The OECD is probably best known for its publications and its statistics, work that covers economic and social issues, including macroeconomics, trade, education, development, and science. Evaluation and decision making by the OECD take the form of “peer review and pressure”:

This peer review process is complemented by a peer-pressure effect that can take a number of forms, including “(i) a mix of formal recommendations and informal dialogue by the peer countries; (ii) public scrutiny, comparisons, and, in some cases, even ranking among countries; and (iii) the impact of all the above on domestic public opinion, national administrations and policy makers” (Pagani, 2002, p. 5).