THE NEW POLITICAL ECONOMY OF THE OECD IN A CONTEXT OF SHIFTING WORLD WEALTH

For decades, the OECD constituted an economic and political “club”
of Western countries focused around the transatlantic axis. Today, it faces
unprecedented challenges as the world economy shifts to the East and the
South. In response, the OECD is undergoing meaningful reform: it is becoming
more inclusive by broadening out membership, whilst taking a more open-
minded approach to policy, recognising there are more ways to economic growth
than the “OECD way”. The OECD needs to engage the new economic players,
but do they really need the OECD? Using primary data, official documents,
semi-structured interviews with high officials and secondary sources, this paper
evaluates the prospective roles the organization could play in international
economic governance at the beginning of the twenty-first century.
Journal: 
28
Authors: 
Judith Clifton
Daniel Díaz-Fuentes
Attached file: 

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