Nov 28 2007
Russia Comes One Step Closer to OECD
Poland has dropped its opposition to Russia joining the Organization of Economic Co-Operation and Development, a move that’s sure to make economists happy the world over.
The organization doesn’t have much in the way of real power, but it does do data. The OECD collects data from its members and puts it through rigorous testing and analysis. Then we get it and the real fun begins.
Still, joining the OECD could be a step toward economic clarity and economic efficiency. One of the organization’s programs is its Anti-Bribery Convention, which went into effect in 1999.
Coverage of the news from RussiaToday. The AFP has this useful bit of context: Relations between Warsaw and Moscow have been at their lowest ebb since Poland broke free from the communist bloc in 1989, notably because the Kremlin was riled by what proved to be crucial Polish support for the pro-Western “Orange Revolution” in Ukraine in 2004.
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