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What is the OECD and its Relevance to the Space Economy?

The Organisation for Economic Co-operation and Development (OECD) is an international organization that was established on December 14, 1960. Its headquarters is located in Paris, France. The organization serves as a forum for governments from around the world to collaborate on key global issues, including economic policy, social welfare, education, trade, and environmental sustainability. Initially founded by 18 European countries, the United States, and Canada, the OECD has since expanded to include 38 member countries from diverse regions including North America, Europe, and the Asia-Pacific.

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Intergovernmental Organizations and Their Impact on the Space Economy

Outer space, once the exclusive province of superpower nations during the Cold War, has evolved into an arena for a growing number of stakeholders. As accessibility to the ‘final frontier’ increases, the ‘space economy’ has emerged as a multidimensional ecosystem involving commercial enterprises, non-profit institutions, and intergovernmental organizations (IGOs). This article reviews the role and relevance of IGOs in the expanding space economy.

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