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SME Competitiveness Outlook 2016

Meeting the Standard for Trade

image of SME Competitiveness Outlook 2016
Standards and regulations are an integral, if easily overlooked, part of our daily life. They determine whether a plug fits into a socket, whether food is safe for human consumption or whether a bank is allowed to take deposits. They are also an indispensable part of international trade. Using new evidence from ITC databases, this report reveals how standards and regulations are holding SME competitiveness back, but crucially, what SMEs and other stakeholders can do to make standards and regulations work for, and not against, SMEs. In this report, advice targeted at SME managers is presented, as well as how Trade and Investment Support Institutions and policymakers can influence the business environment to boost competitiveness, and integration into global markets.

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Acknowledgements

The SME Competitiveness Outlook 2016 was prepared by a team led by Marion Jansen and under the general supervision of Anders Aeroe. The team members in the Office of the Chief Economist included Sebastian Klotz, Valentina Rollo, Olga Solleder and Jasmeer Virdee. Contributions were received from Lisa Bogler, Madhubashini Fernando, Justine Lan, Rosa Alba Ruffo, Andrew Silva and Quan Zhao. Research assistance was provided by Yuliya Burgunder and Mohamad Fakhreddin.

English

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