MENA Transition Fund Projects
In 2011, the G8 launched the Deauville Partnership as a long-term, global partnership to respond to the historic changes in several countries in the MENA region, and to provide Arab countries in transition with a framework based on technical support to: (i) strengthen governance for transparent, accountable governments; and (ii) provide an economic framework for sustainable and inclusive growth.
The Deauville Partnership set up the MENA Transition Fund to support the countries in transition and to formulate policies and implement reforms. The Transition Fund demonstrates a joint commitment by G7 members, Gulf and regional partners, and international and regional financial institutions in supporting the efforts of people and governments as they overhaul their economic systems and promote more accountable governance, broad-based, sustainable growth and greater employment opportunities for youth and women.
The MENA-OECD Competitiveness Programme conducted four MENA Transition Fund Projects:
- SME Development Strategy for Libya
- Jordan Competitiveness and Investment Project
- SME policy effectiveness in Jordan
- Enhancing the Investment Climate in Egypt
SME Development Strategy for Libya
The Deauville Partnership MENA Transition Fund project SME Development Strategy for Libya is a project implemented by the OECD and Libya Enterprise. The project was launched in 2013 and will run until March 2020.
The SME Development Strategy for Libya project responds to the demand of the country and seeks to contribute to the sustainability of previous activities. It also promotes coordination between stakeholders by bringing together a broad range of actors in a context of high political and institutional fragmentation. A key motivation for the project was to provide a continued support to Libyan institutions and contribute for an active national dialogue as a critical factor for Libya’s stabilisation and reconstruction.
The OECD has supported the implementation of a Short-Term Action Plan, a multi-stakeholder coordination and monitoring platform. Under the extension of the project a new component was added to provide support to Libya's private sector organisations with a specific focus on organisations focusing on women in business and enhance their public-private dialogue dimension.
SME policy effectiveness in Jordan
The project SME Policy Effectiveness in Jordan, implemented by the OECD and the Jordan Enterprise Development Corporation from 2016-19 worked to improve SME and entrepreneurship policy making by reinforcing institutional co-ordination and dialogue, advocating better monitoring and evaluation of policies and programmes, and identifying ways to improve business and entrepreneurship statistics.
The main outputs of the project are three User Guides which build on international practice and provide concrete areas of action for Jordan, but can also be of interest to other countries wanting to improve the effectiveness of their SME policy making:
Find out more and download the user guides on SME Policy Effectiveness in Jordan
Jordan Competitiveness and Investment Project
This Project began in 2014 during the enactment of the Jordanian Investment Law and the establishment of a new investment promotion agency, the Jordan Investment Commission. Through the Project the OECD helped Jordan implement its investment, legal and institutional reforms to further improve the country's investment policy framework and build capacities among institutions responsible for investment policy, promotion, and services--especially in the renewable energy and energy efficiency sectors.
The project report describes Jordan's reform process and shares lessons learnt on how to improve legal and institutional frameworks in a difficult environment. It presents policy recommendations developed throughout the Project for strengthening investment rules and regulations, at national and international levels. It also demonstrates how strengthening the investment framework tangibly improved Jordan's investment climate and mitigated economic and political risks for investors.
This project paves the way for future co-operation with Jordan in the context of the regional dialogue on investment reforms. It also sheds light on how to address Jordan’s specific development needs, with insights on dealing with the Syrian refugee crisis.
Enhancing the Investment Climate in Egypt
The OECD supported the Government in designing and implementing reform of the investment policy framework and building capacities of institutions in charge of investment policy, promotion, and services. The World Bank focuses on “Equal Access and Simplified Environment for Investment”.
For more information about the MENA-OECD Competitiveness Programme, please contact: MENA.Competitiveness@oecd.org