SME Policy Index: Eastern Partner Countries 2012

Progress in the Implementation of the Small Business Act for Europe

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This ssessment of SME policy frameworks in eastern partnership countries helps support SME policy development in the eastern partnership countries through identification of strong and weak points in SME policy elaboration and implementation.



Small and medium-sized enterprises (SME) are an important driver for job creation and economic growth. However, the global crisis has hit SMEs hard, restricting bank lending, eroding consumer demand, foreign direct investment, remittances and international capital inflows. To support SME development and stimulate growth, Eastern Partner governments from Armenia, Azerbaijan, Belarus, Georgia, the Republic of Moldova and Ukraine are undergoing extensive reforms to enhance productivity, human capital and company level performance.


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