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SME Policy Index: Eastern Partner Countries 2016

Assessing the Implementation of the Small Business Act for Europe

image of SME Policy Index: Eastern Partner Countries 2016

The SME Policy Index is a benchmarking tool designed for emerging economies to assess SME policy frameworks and monitor progress in policy implementation over time. The Index has been developed by the OECD in partnership with the European Commission, the European Bank for Reconstruction and Development (EBRD), and the European Training Foundation (ETF) in 2006.

For the Eastern Partner Countries, the assessment framework is structured around the ten principles of the Small Business Act for Europe (SBA), providing a wide-range of pro-enterprise measures to guide the design and implementation of SME policies based on good practices promoted by the EU and the OECD. It is applied to the Eastern Partner Countries for the second time since 2012.

The Index identifies strengths and weaknesses in policy design and implementation, allows for comparison across countries and measures convergence towards good practices and relevant policy standards. It aims to support governments in setting targets for SME policy development and to identify strategic priorities to further improve the business environment. It also helps to engage governments in policy dialogue and exchange good practices within the region and with OECD and EU members.

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2016 SME Policy Index scores for Eastern partner countries

The SME Policy Index is a benchmarking tool (Box 0.1) to help emerging economies monitor and evaluate progress in policies that support small and medium-sized enterprises (SMEs). The index was developed in 2006 by the OECD in partnership with the European Commission, the European Bank for Reconstruction and Development (EBRD), and the European Training Foundation (ETF) (the “partner organisations”; see Annex B). It has been applied to several regions which fall under the European Neighbourhood Policy and the Enlargement Policy: the Western Balkans (in 2006, 2009, and 2012, which included Turkey for the first time); the EaP countries (in 2012); and the Middle East and North Africa (in 2008 and 2013). This 2016 report presents the findings of the second assessment of the Eastern partner (EaP) countries.

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