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SME Policy Index: The Mediterranean Middle East and North Africa 2014

Implementation of the Small Business Act for Europe

image of SME Policy Index: The Mediterranean Middle East and North Africa 2014

This report assesses the elaboration and implementation of SME policy in eight Middle East and North African economies of the southern Mediterranean shore. The assessment is structured according to the ten policy principles covered in the Small Business Act for Europe (the SBA). One of the main findings is that over the last five years there has been progress in SME policy elaboration and implementation in spite of the political and economic turmoil. However, that progress has been modest, incremental and uneven across economies and dimensions. Political and economic stability, as well as institutional development, had a major impact on policy performance.

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Economic and SME overview of the Mediterranean Middle East and North Africa region

The MED region is composed of a group of heterogeneous countries in terms of population, territory, resource endowment, and stage of economic and institutional development. The region’s young and increasingly educated population and its strategic geographic location at the crossroads of Europe, Africa and Asia, result in strong economic and trade potential.

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