I know only three things about the OECD:
1) It’s a policy-making body
2) Member countries aren’t required to implement OECD policies
3) The member countries have high GDPs
But, I don’t know:
1) Why the OECD exists in the first place. Why would a country spend money doing research to come up with policies that the country may not even want to implement? Why wouldn’t they just fund their own (domestic) policy research to come up with policies that they actually do want to implement?
2) How often do the OECD member countries (and specifically, the U.S.) implement OECD policies as their own law?
Can anyone help me understand this? Thank you!