Upcoming: 24 - 28 November 2014: Eurasia Week including the 2nd OECD Eurasia Competitiveness Roundtable, Paris, France
What are the objectives of the Roundtable?
The OECD Eurasia Competitiveness Roundtable is a platform for peer review and knowledge sharing on the implementation of reforms in favour of competitiveness.
The concept was launched at the OECD Eurasia Ministerial in Warsaw, Poland on 28 June 2013. Ministers and high-level representatives from Eastern Europe, South Caucasus and Central Asia agreed to:
Carry out peer reviews on competitiveness reform implementation at the country level;
Exchange good practices between OECD members, Eurasia countries and partner organisations;
Develop policy guidelines and recommendations;
Monitor progress with the implementation of competitiveness reforms.
1st OECD Eurasia Competitiveness Roundtable
4 December 2013 - Paris, France
What was discussed?
A first for the region, participants peer reviewed competitiveness reform implementation in the Kyrgyz Republic and the Republic of Moldova.
Discussions, involving lead reviewers from OECD countries Turkey, Korea, Germany and the Netherlands, were based on the analysis, guidelines and conclusions of five draft OECD reports.
Main recommendations of the 2013 Roundtable include:
- Access to finance for SMEs in the Kyrgyz Republic: Regulatory framework needs further improvement to facilitate SME loans including to small and medium farms.
- Skills for private sector development in the Kyrgyz Republic: Establishing a research institute to analyse and plan the needs of workplace training would be an efficient and inexpensive initiative in fostering skills development.
- Investment/export promotion in the Kyrgyz Republic: To succeed in the global garment market, knowledge of other export markets and focus on logistics needs to be expanded.
- Private business support infrastructures for SMEs in the Republic of Moldova: Demand and sustainability for business services could increase if Government policy measures bolster business development services by strengthening co-ordination at a national and sub-national level.
- Sources of external financing of SMEs in the Republic of Moldova: Structural issues, such as high lending interest rates and low marginal profits of SMEs, especially in agriculture, make bank credits unaffordable for entrepreneurs.
Guidelines proposed offering a policy roadmap to increase SMEs' access to finance include: enhancing the legal and regulatory framework for financial infrastructure, diversifying sources and expand types of external finance, improving the investment readiness and financial literacy of SMEs.
The 2nd Eurasia Competitiveness Roundtable will be held in the context of the OECD Eurasia Week, on 24-28 November 2014 with a focus on Armenia and Tajikistan.
2013 Roundtable Documents: