- The Washington Times - Wednesday, January 19, 2011

ANALYSIS/OPINION:

I am puzzled by Richard W. Rahn’s assertion that the Organization for Economic Cooperation and Development (OECD) - which the United States helped found 50 years ago - works against our national interests and core values (“Defund organizations that destroy freedom,” Commentary, Jan. 11).

The OECD has been instrumental in promoting U.S. interests and fostering sensible policies for sustained economic growth for our country and trading partners. Its successes range from the fight against corruption and money laundering to the promotion of free trade and investment. Its work has leveled the playing field for U.S. business, helping us gain access to global markets and create jobs at home.

I would dispute the contention that the OECD advocates higher taxes. In fact, it has worked long and hard to reduce double taxation for international business and do away with excessive bank secrecy, which worked mainly to the benefit of money launderers, organized crime and international terrorists.

U.S. business works closely with the OECD, relies on it and finds it to be among the most effective - and cost-effective - international organizations. It’s certainly worthy of continued U.S. funding, vision and leadership.

PETER M. ROBINSON

President and chief executive

United States Council for International Business

New York

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