The Organisation for Economic Co-operation and Development (OECD) is an intergovernmental organization founded in 1961 and headquartered in Paris, France. Its primary objective is to promote policies that improve economic growth, enhance social well-being, and ensure environmental sustainability. The OECD consists of 37 member countries and aims to foster dialogue and cooperation among governments to address global challenges and achieve better policies for better lives.

The OECD's headquarters in Paris serves as the central hub for its activities. It provides a forum for member countries to discuss and exchange information, analysis, and experiences on a wide range of policy issues. The headquarters also houses numerous specialized directorates, such as the Directorate for Education and Skills, the Directorate for Public Governance, and the Directorate for Science, Technology, and Innovation.

As for its products and services, the OECD produces a wide range of reports, statistics, and policy recommendations. These cover various sectors including economics, education, science and technology, health, environment, and more. The organization provides a platform for member countries to collaborate, share best practices, and develop evidence-based policy tools to address common challenges.

On a global scale, the OECD engages in partnerships and joint ventures with other international organizations, such as the United Nations and the World Bank. It also collaborates with non-member countries and various stakeholders to ensure its policy recommendations are relevant and impactful. Additionally, the OECD has established Regional Offices in Mexico, Japan, and South Korea to enhance its global reach and better serve its members.

In terms of market position, the OECD is considered a leading global authority on policy analysis and development. Its policies and recommendations often influence international governance, shaping the actions taken by member countries. The organization's expertise and reputation have made it a trusted source for policymakers, researchers, and businesses worldwide.

Recent major events include the launch of the Better Life Index, an interactive tool that allows individuals to measure and compare well-being across countries. This initiative reflects the OECD's commitment to including subjective measures of well-being in policy considerations. Additionally, the organization has been actively working on addressing the challenges posed by digitalization and artificial intelligence, aiming to develop policies that harness their potential while mitigating risks.

As of the current status, the OECD continues to advance its mission of promoting better policies for better lives. It actively monitors and analyzes global economic trends, social developments, and environmental issues to provide timely and relevant policy advice to its member countries. The organization remains a key player in shaping the international policy agenda and fostering cooperation for sustainable and inclusive growth