OECD, which stands for the Organisation for Economic Co-operation and Development, is a global intergovernmental organization dedicated to promoting policies that foster economic growth, prosperity, and sustainable development. Some common synonyms for OECD include "international economic organization," "global economic forum," and "economic cooperation and development group." Other terms that can be used to refer to the OECD include "international policy think tank," "economic research center," and "global economic intergovernmental body." Whatever term one uses to describe the organization, it remains a key player in shaping economic policy and promoting cooperation among nations around the world.