Glossary



  • OECD, Organization for Economic Co-Operation and Development

    • Organisation set up in 1961 to pursue the “triangular paradigm” of economic growth, social cohesion and political stability. Its aims are to: stimulate employment, support sustainable economic growth, raise living standards, maintain financial stability, back other countries’ economic development and contribute to the growth of the world market. The OECD provides a context in which governments can compare policy experience, seek answers to shared problems, identify good practices and coordinate national and international policies; the peer review mechanism is a typical feature of it.
      The organisation, which has its headquarters in Paris, has 30 full members, whereas over 60 countries attend various committees as observers.

  • OPEC, Organization of the Petroleum Exporting Countries

    • The intergovernmental organisation of the petroleum exporting countries. It was founded in 1960 and currently has 12 members.  The OPEC coordinates petroleum production policies in a bid to stabilise the market and help the producers obtain a reasonable return on their investments. It also uses this policy to pursue the goal of providing purchasing countries with an efficient, economical, regular supply of oil.

  • Outreach

    • In diplomatic parlance, “outreach countries” is the term used to refer to the countries involved in the G8’s proceedings as parties consulted about, sharing in or benefiting from its initiatives. In general, the term is used in connection with campaigns, in the public and social policy spheres in particular, setting out to broaden the number of parties to an initiative, adopting alternative forms of involvement.

  • OXFAM

    • Oxfam International is a confederation of 13 organizations working with over 3,000 partners in more than 100 countries to find lasting solutions to poverty and injustice.
      The Oxfam International Secretariat leads, facilitates and supports collaboration between the Oxfam affiliates to increase Oxfam International's impact on poverty and injustice through advocacy campaigns, development programs and emergency response.