The OECD and Asia: a Cold War organisation in the age of globalisation

South Korean President Lee Myung-bak delivers a congratulatory address at the third World Forum OECD. (Photo: AAP Image/Yonhap News Agency)

Author: John West, MrGlobalization

How does a Cold War organisation like the OECD respond to the end of the Cold War? Does it try to hang on to its former identity? Or does it embrace the new ‘age of globalisation’?

The end of the Cold War in 1989 represented a victory of values and ideology — the triumph of pluralistic democracy, respect for human rights and the market economy — for the OECD and its member countries. Read more…