The Organisation for Economic Co-operation and Development (OECD) is an international organisation of 36 countries that accept the principles of representative democracy and free-market economy. The OECD provides the preeminent policy forum where governments compare policy experiences, identify good practice, and co-ordinate domestic and international policies. It applies its wealth of information to help governments foster prosperity and fight poverty through economic growth and financial stability. It helps ensure the environmental implications of economic and social development are taken into account.
Mutual examination by governments plays a pivotal role at the OECD, which facilitates a multilateral review process through which the performance of individual countries is monitored by their peers. Discussions at the OECD level sometimes evolve into negotiations where OECD countries agree on rules of the game for international co-operation which can culminate in formal agreements by countries, for example on combating bribery or the regulation of capital movements.