OECD (Syllabus: GS Paper 2 – International Organization)

News-CRUX-10     25th October 2023        
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Context: India saw the highest migration flows to Organisation for Economic Co-operation and Development (OECD) countries in 2021 and 2022, according to the 'International Migration Outlook 2023' recently released.

  • India replaces China as the main country of origin of new migrants to OECD countries in 2020.
  • In terms of workers, migration flows from India (+172 per cent), Uzbekistan (+122 per cent) and Turkey (+240 per cent) rose sharply, making them primary countries of origin after Ukraine.

Organisation for Economic Co-operation and Development (OECD)

  • About: OECD is an association of 38 member countries, most being rich developed nations that attract migrant workers and students. 

oIndia is not a member of OECD.

  • Founded:  1961, by 18 European nations, plus the United States and Canada.
  • Headquarters: Paris, France.
  • Members: The majority of OECD members are high-income economies with a very high Human Development Index (HDI) and are regarded as developed countries. 
  • Aim: Fostering economic development and cooperation and fighting poverty through the promotion of economic stability.
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