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Study Guide - World Model United Nations

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The mandate of the OECD covers economic,<br />

environmental, political, and social issues.<br />

The precursor of the OECD, the Organization<br />

for European Economic Cooperation (OEEC),<br />

was established in 1957 to administer American<br />

and Canadian aid under the Marshall Plan for<br />

the reconstruction of Europe following <strong>World</strong><br />

War II. “Determined to avoid the mistakes of<br />

their predecessors in the wake of <strong>World</strong> War I,<br />

European leaders realized that the best way to ensure<br />

lasting peace was to encourage co-operation and<br />

reconstruction, rather than punish the defeated.” 1 The<br />

OEEC functioned to promote co-operation between<br />

participating countries, develop intra-European<br />

trade, study the feasibility of creating a customs<br />

union or free trade area, study muli-laterlisation<br />

of payments, and achieve conditions for better<br />

unitilization of labor. Organized along fifteen vertical<br />

and five horizontal technical committees, the 18<br />

Harvard <strong>World</strong>MUN 2012<br />

nation committee was responsible for handling a<br />

variety of European economic concerns including<br />

food and agriculture, iron and steel, and even balance<br />

of payment coordination. Inspired by OEEC’s<br />

cooperative achievements, the Rome Treaties created<br />

the Convention on the Organization for Economic<br />

Co-operation and Development, which enhanced the<br />

OEEC and extended membership to the <strong>United</strong> States<br />

and Canada.<br />

Since it superseded the OEEC in 1961, the OECD<br />

has moved beyond a focus on its own countries<br />

and has aimed to achieve the highest sustainable<br />

economic growth in its member countries, to<br />

improve market system efficiency, to encourage<br />

industrialization among developing countries, and to<br />

expand free trade. 2 For instance, in May of 2001 the<br />

Organization has launched a Green Growth Strategy<br />

initiative, which provides a practical framework for<br />

governments to boost economic growth while also<br />

Signing of the OECD Convention, 1960. (http://www.oecd.org)<br />

OECD 8

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