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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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Preface and Acknowledgements

The report on the implementation of the Small Business Act for Europe in the Mediterranean Middle East and North Africa 2014 provides an assessment of SME policy in Algeria, Egypt, Israel, Jordan, Lebanon, Morocco, PA and Tunisia (the MED economies or the MED region), and a policy overview for Libya. The assessment was conducted in 2013 within the framework of the industrial co-operation process of the Union for the Mediterranean and is based on the Small Business Act for Europe (SBA). It builds on the methodology of the SME Policy Index, which allows international policy comparisons and the identification of good practices and areas where progress is needed. The report is an update of a similar exercise carried out in MED economies in 2008, based on the Euro-Mediterranean Charter for Enterprise.

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