Israel:Stamp on OECD Membership

\"\"In September 2010 Israel became a full member of the Organisation for Economic Co-operation and Development (OECD), an organization incorporating thirty-four democratic market economies. The occasion will be commemorated with issuing a stamp. The OECD, which celebrates its 50th Anniversary in 2011, serves as a platform for comparing policy performance, finding solutions to common difficulties, identifying overlapping practice codes, formulating policy guidelines and improving the economic and social welfare of OECD member countries, as well as other countries around the world.Israel’s membership in the OECD will bring long-term security for international investors and service providers. It is also expected to have a positive effect on Israel’s credit rating, the promotion and facilitation of internal reforms and Israel’s ability to take part in formulating international standards. In addition, it will connect government ministries and authorities with the world’s most prestigious research centers, provide professionals from a variety of areas of public policy with access to centers of knowledge and expertise in developed countries and will position Israel in line with the leading countries of the developed world.

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