Latin America and the Caribbean 2019

Policies for Competitive SMEs in the Pacific Alliance and Participating South American countries

In series:SME Policy Indexview more titles

Published on April 24, 2019

Also available in: Spanish

The SME Policy Index is a benchmarking tool that assists emerging economies in monitoring and evaluating progress in policies that support small and medium-sized enterprises. This first application of the Index methodology in the Latin American and Caribbean region covers the four Pacific Alliance member countries (Chile, Colombia, Mexico, Peru) and three participating South American countries (Argentina, Ecuador, Uruguay). Divided into seven policy dimensions, this report assesses the strengths and weaknesses that exist in different areas of SME policy design, implementation, and monitoring and evaluation, and provides guidance to policy makers in identifying policy areas for future reform according to international good practices. This report is a joint effort between the Development Bank of Latin America (CAF) and the OECD through its Latin America and the Caribbean Regional Programme (LACRP), in co-operation with the Latin American and Caribbean Economic System (SELA) and the “Foundation for the Strategic Analysis and Development of the SME” (FAEDPYME).


Abbreviations and acronyms
Executive Summary
Economic Context and the Role of SMEs in Latin America and the Caribbean
Assessment methodology and policy framework
Overview of key findings
Findings by dimension7 chapters available
Institutional framework (Dimension 1)
Operational environment/simplification of procedures (Dimension 2)
Access to finance (Dimension 3)
SME development services and public procurement (Dimension 4)
Innovation and technology (Dimension 5)
Productive transformation (Dimension 6)
Access to market and internationalisation (Dimension 7)
Findings by country7 chapters available
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  • Key messages (ENG/ESP)
  • Press release (ENG/ESP
  • Our partnership with the Pacific Alliance (Spanish only)