
OECD Consensus
The OECD Consensus refers to a set of guiding principles among member countries of the Organisation for Economic Co-operation and Development (OECD), emphasizing open markets, fair competition, transparency, and responsible economic policies. It aims to promote economic stability, growth, and cooperation by encouraging countries to follow best practices in areas like trade, taxation, and governance. Essentially, it's a shared agreement that countries should work collaboratively, maintain open economies, and implement policies that support sustainable development and fair global economic interactions.