Page 172 - Introduction to Tourism

The Organization for Economic Cooperation and

Development (OECD) was set up under a convention,

signed in Paris on December 14, 1960, that provides
that the OECD shall promote policies designed to (1)

achieve the highest sustainable economic growth and

employment and a rising standard of living in member
countries while maintaining financial stability, and thus

to contribute to the development of the world economy;

(2) contribute to sound economic expansion in member

as well as nonmember countries in the process of
economic development; and (3) contribute to the

expansion of world trade on a multilateral,

nondiscriminatory basis in accordance with
international obligations.

Members of OECD are Australia, Austria, Belgium,

Canada, Czech Republic, Denmark, Finland, France,

Germany, Greece, Hungary, Iceland, Ireland, Italy,
Japan, Korea, Luxembourg, Mexico, Netherlands, New

Zealand, Norway, Poland, Portugal, Slovak Republic,

Spain, Sweden, Switzerland, Turkey, the United
Kingdom, and the United States. OECD ’ s Tourism

Committee acts as a forum of exchange for monitoring

policies and structural changes affecting the
development of international tourism. It encourages

further liberalization of tourism activities, both within

and outside the OECD area, and has undertaken the

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