Chile signed the Convention founding the Organisation for Economic Co-operation and Development on 7 May 2010, thereby pledging its full dedication to achieving the Organisation’s fundamental aims and becoming the first South American country to join the OECD.
What does the permanent delegation do?
Like all the member countries, the Chilean government maintains a permanent delegation to the OECD, composed of an ambassador and diplomats.
President of Chile Michele Bachelet at the Palacio de La Moneda, Santiago, Chile after the signature of the Accession Agreement on 11 January 2010. To her right is OECD Secretary-General Angel Gurría, and to her left is Minister of Finance Andrés Velasco.
As a member of the Council, Chile's ambassador, in consultation with his peers, agrees the programme of work which is described in the annual report and establishes the volume of the annual budget, contributions being assessed according to the relative size of each country’s economy.
Members of the Chilean Delegation monitor the work of the OECD’s various committees as well as the activities of the Development Centre of which Chile is a member.
Delegations thus play a vital communication role in providing liaison between the OECD Secretariat and national authorities. They represent their governments’ positions in multilateral negotiations, indicate areas in which their governments seek OECD expertise and endeavour to help disseminate OECD recommendations in their respective countries. In doing so, they ensure that there is a good fit between OECD work and the issues of concern in their country.
Areas of work
Since 2003, the OECD has published regular Economic Surveys of Chile. Policy reviews have also been undertaken in other areas, notably education, competition law and policy, trade, environmental performance, statistics and innovation policy. Chile has also been an active participant in, and occasionally the host of, OECD Global Forums.
What are the benefits of OECD membership?
The benefits for countries are many. Through its country surveys and comparable statistical and economic data, the OECD provides its member countries tools with which to analyse and monitor their economic, social and environmental policies. Countries can draw on the OECD’s reservoir of expertise, including peer reviews, and they can access all of the research and analysis conducted by the Secretariat. Covering the full economic and social spectrum, this work could not be carried out by any one country alone.
In addition to its economic intelligence functions, the OECD is above all a forum within which countries can discuss and share national experience, identify best practices and find solutions to common problems. The OECD having working relationships with over 70 non-member economies, members benefit from dialogue and consultations with all players on the world scene, in a context of increased interdependence that demands global rules of the game.
>> Consult the background information note and Recent accessions to the OECD for information on Chile's accession process.
Timeline of countries becoming OECD members