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What is the OECD and why does Mathias Cormann's appointment matter?

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Mathias Cormann has been elected the next secretary-general of the Organisation for Economic Co-operation and Development in a strategic coup for the Australian government.
Cormann emerged victorious after a six month contest pitted him against nine other candidates, much to the surprise of numerous domestic critics.
Today on Please Explain, Tory Maguire and Europe correspondent Bevan Shields discuss how Mathias Cormann pulled off his bid to become secretary general of the OECD and why it’s important for Australia.

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