The Organization for Economic Cooperation and Development (OECD) is in the business of promoting better policies for better lives. Plain and simple.

OECD is the place where countries, including the United States, come together to seek solutions to common problems. OECD works with governments to understand how the economy is changing, and to help them learn from each other so they can improve their policies back home. We set standards that work around the world to help countries fight corruption and promote responsible practices, because when everyone plays by the same rules, it makes our economies stronger and fairer.

We also look at issues that touch the lives of ordinary people, like how much they pay in taxes and for social security, or how much vacation and parental leave time they can take. We compare how different countries’ school systems are preparing their young people for the future, and also how they look after the elderly in their communities.

We analyze and compare all this data so we can help the folks who make policy—from Washington to Wichita—see what works, and make more informed decisions to further bolster wellbeing and prosperity in America.

The OECD does all of this, and more, for less than 25¢ per American per year – the average cost of a packet of ramen noodles or half the price of a first-class U.S. stamp – and the benefits pay for themselves hundreds of times over. For example, OECD's work on trade boosts American exports to the tune of $1 billion per year, and saves taxpayers nearly as much again. Now that’s a smart investment!

What’s more, the OECD is always working to be more efficient for and accountable to the taxpayers we ultimately serve. In 2008, for example, we began a sweeping financial reform process to reduce how much the United States pays in dues.

Ever since the United States helped found the OECD, Americans have benefited from their country’s strong voice and leadership role at the organization. With decisions of huge importance being made every day on complex matters like international taxation and making trade work for all, it is vital for the United States to have a seat at the table and to be fully engaged in the process.

The OECD is pushing for policies that level the playing field for American companies, make globalization work more fairly for American workers, and families. We also support national security efforts by examining trends in counterfeiting, illegal trade and places of conflict and instability.

The importance of US support of the OECD cannot be overstated. When America leads at the OECD it keeps American businesses competitive in the world and helps keep American citizens healthier, wealthier, and wiser.