What would joining the OECD mean to Brazil?

OECD Brazil
OECD headquarters

During a visit to Brasília, Angel Gurria, the Secretary-General of the Organization for Economic Co-operation and Development (OECD), said that Brazil is close to becoming a full member of the Paris-based think tank. Five other nations are also trying to enter the elite club of the global economy.

The OECD is a forum of countries that describe themselves as committed to democracy and the market economy. Most of its 38 members are wealthy nations (China, however, is not a member).

Back in May 2017, Brazil formally requested membership, in an effort to send a positive message to investors....

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