Principles and Indicators of Transparency in Investment in Economic Development and Cooperation Organization

Organization for Economic Development and Cooperation operates as an international organization with the aim of promoting economic development and cooperation between countries in the global economy. The purpose of this article is to examine the principles and indicators of transparency in investment in the Economic Development and Cooperation Organization.

This article is descriptive and analytical. The materials and data are also qualitative and data collection has been used.

Ethical Considerations: 

In this article, the originality of the texts, honesty and trustworthiness are respected.

In the Economic Development and Cooperation Organization, transparency in investment and management of financial resources is very important. Transparency in the investment of the Development and Economic Cooperation Organization increases trust. When investors and countries have detailed information about the organization's projects and programs, the possibility of mistakes and errors in financial decisions is minimized and trust in the organization increases. In addition, transparency in the investment of the Organization for Development and Economic Cooperation attracts investment from countries and private companies. Investors prefer to invest in an environment where financial information and investments are provided transparently.

Transparency in investment helps to reduce corruption and misuse of financial resources. When financial information is fully disclosed, the possibility of financial violations and corruption is reduced and countries can direct financial resources to the exploitation of people and sustainable development.