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OECD

   Also found in: Dictionary/thesaurus, Financial, Acronyms, Wikipedia 0.03 sec.
OECD: see Organization for Economic Cooperation and Development Organization for Economic Cooperation and Development (OECD), international organization that came into being in 1961. It superseded the Organization for European Economic Cooperation, which had been founded in 1948 to coordinate the Marshall Plan for European
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8% during the quarter, compared with stagnation between April and June, the OECD added.
The OECD estimate is lower than that of the Infrastructure Consortium for Africa (ICA), which puts the figure at $93bn a year.
Green shoots of recovery are beginning to look like strong saplings of growth, with indicators pulling strongly ahead in China, Britain, France and Italy the OECD said on Friday.
 
 
 
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