Pronunciation: [ˌə͡ʊˌiːsˌiːdˈiː kˈʌntɹɪz] (IPA) 
Correct spelling for the English word "oecd countries" is [ˌə͡ʊˌiːsˌiːdˈiː kˈʌntɹɪz], [ˌəʊˌiːsˌiːdˈiː kˈʌntɹɪz], [ˌəʊ_ˌiː_s_ˌiː_d_ˈiː k_ˈʌ_n_t_ɹ_ɪ_z] (IPA phonetic alphabet).
OECD countries refers to the member nations of the Organization for Economic Cooperation and Development (OECD), an international organization founded in 1961. The OECD was initially established to promote economic growth, stability, and development among its member countries through cooperation and dialogue.
These countries include a diverse group of highly developed economies from various regions across the globe. They are committed to advancing economic prosperity, innovation, and social well-being. As of 2021, there are 38 member countries in the OECD, spanning from North and South America to Europe, Asia-Pacific, and the Middle East.
Membership in the OECD is based on a country's commitment to democratic principles, respect for human rights, and market-oriented economic policies. OECD countries are characterized by their high standards of living, advanced infrastructure, strong institutions, and robust financial systems. They also demonstrate a high level of readiness to engage in international trade and investment.
OECD countries share a common objective of improving the quality of life for their citizens and enhancing global economic growth. They collaborate through the OECD to address common challenges, such as inequality, environmental sustainability, and technological advancements. Through collective efforts, these countries strive to develop effective policies, conduct research, collect and analyze data, and exchange best practices in different aspects of economic and social development.
Being an OECD country implies a commitment to the principles of good governance, transparency, and efficient public administration. Additionally, membership enables countries to foster international cooperation, engage in policy discussions, and influence global economic governance.
