Addressing the financing challenge for SMEs and entrepreneurs is imperative for the creation of new jobs, stronger innovation and more sustainable growth. Following the worst financial and economic crisis in decades, as the global economy begins to turn the corner, financing difficulties for SMEs and entrepreneurs remain a stumbling block to recovery in many countries. As governments address this challenge, they are running up against a major and longstanding obstacle to policy making: insufficient evidence and data.
Financing SMEs and Entrepreneurs 2013: an OECD Scoreboard represents a major step in addressing this obstacle by establishing a comprehensive international framework for monitoring SMEs’ and entrepreneurs’ access to finance over time. This Second Edition covers 25 OECD and non-OECD countries. It presents core. The report provides detailed country profiles of financial conditions for SMEs in the 25 countries, containing indicators of debt, equity, general market conditions, and a review of government policy measures covered. These are complemented with a thematic chapter on the role of credit guarantee schemes in enhancing SMEs’ access to finance.