oecd stands for organization for economic cooperation and
OECD The Organisation for Economic Co-operation and Development (OECD; French: Organisation de coopération et de développement économiques, OCDE) is an intergovernmental economic organisation with 35 member countries, founded in 1960 to stimulate economic progress and world trade. It is a forum of countries describing themselves as committed to democracy and the market economy, providing a platform to compare policy experiences, seeking answers to common problems, identify good practices and coordinate domestic and international policies of its members. Most OECD members are high-income economies with a very high Human Development Index (HDI) and are regarded as developed countries. OECD is an official United Nations Observer.[1]
United Nations System The United Nations System consists of the United Nations, and the six principal organs of the United Nations: the General Assembly, Security Council, Economic and Social Council (ECOSOC), Trusteeship Council, International Court of Justice (ICJ), and the UN Secretariat,[1] specialized agencies, and affiliated organizations.[2] The executive heads of some of the United Nations System organizations and the World Trade Organization, which is not formally part of the United Nations System,[3][4][5] have seats on the United Nations System Chief Executives' Board for Coordination (CEB).[6] This body, chaired by the Secretary-General of the United Nations, meets twice a year to co-ordinate the work of the organizations of the United Nations System.