OECD is the oldest international economic organization, it has more than half of a century behind it.
OECD is a "globalization hub".
Angel Gurria, 2007.
OECD is a "rich man's club": the most developed countries are among its members.
Unlike IMF, WTO and World Bank, OECD lacks the authority to enforce compliance with its decisions.
'Soft' regulation constitutes bigger part of OECD’s policy while 'hard'- the smallest. However, OECD has many informal tools: report, peer review, peer pressure and others.
