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Document C/MIN(2013)5 from the meeting of the OECD Council at Ministerial Level - Paris, 29-30 May 2013 - Adopted on 29 May 2013
Technological advances, less costly shipping and trade liberalisation have transformed the way in which companies make products and distribute them worldwide. Governments that become more open to trade and investment, and encourage innovation will help firms better integrate the global value chains that are driving growth in increasingly interconnected economies, according to new OECD research.
Global Value Chains (GVCs) have exploded in the past decade and refer to the international dispersion of design, production, assembly, marketing and distribution of services, activities, and products. Different stages in the production process are increasingly located across different economies, and intermediate inputs like parts and components are produced in one country and then exported to other countries for further production
The recent scandal over the use of horsemeat in readymade meals that has shaken the entire European continent has revealed not only the complexity and opacity of our food supply chain, but also–and above all–the shortcomings of European food law.
Now all governments realise why SMEs and entrepreneurship matter: because they are the sources of new jobs.
High-growth firms, i.e. enterprises that grow rapidly over a short period of time, have drawn the attention of policy makers because of the large number of jobs they create. While it is uncontested that high-growth firms account for most job creation, there are fewer certainties about the features and characteristics of these enterprises or on how best they can be promoted by policy.
During the past decade, the Mexican government has put into place a strong policy framework for the promotion of small and medium-sized enterprises (SMEs) and entrepreneurship. It has created a sequence of policy support running from the development of new entrepreneurs, micro-enterprises, SMEs and gazelles to the stimulation of linkages between SMEs and so-called 'tractor' firms. New co-ordination arrangements have also been
The workshop is for policy makers and practitioners who are interested in commissioning and managing evaluations of business development programmes.
Access to finance remains a key challenge for small and medium-sized enterprises and a stumbling block to recovery in most countries, according to a new OECD report.
This paper reviews the evidence on emerging thinking and new trends in the sphere of industrial policy. Using a broad and inclusive definition of industrial policy, it proposes a new typology based on the orientation of policy and the policy domain and a framework based on growth accounting, which parallels the evolution of thinking about the rationale for industrial policy interventions.