Small Business Act Assessment
Small and medium enterprises (SMEs) are the backbone of the South East Europe economies and Turkey. However, the policies in the region aimed at fostering entrepreneurship as well as the growth and survival of SMEs are not yet on par with those of OECD and EU member countries.
The SEE regional programme has played an important role in stimulating convergence towards OECD and EU standards by regularly benchmarking the progression of SME policies in the region through the SME Policy Index. Developed by the OECD and its partner organisations on the basis of the Ten Principles of the Small Business Act (SBA) for Europe, the Index identifies strengths and weaknesses in policy design, implementation and monitoring.
The SBA assessment covers ten policy areas which focus on topics of special relevance for SMEs, such as entrepreneurial learning, support services, innovation and access to finance for SMEs. In each of these areas and for each participating economy, the SBA Assessment provides detailed scores, qualitative analyses and tailored policy recommendations. The results and recommendations of the SBA assessment are presented in the OECD SME Policy Index publication.
The SBA assessment facilitates SEE regional policy development not only through assessing current SME policies with specialised recommendations but also by building an active regional network of SME policy makers to better implement reforms. Over time, recommendations have been implemented and government policies have converged towards good practices.
The fifth edition of the flagship publication SME Policy Index: Western Balkans and Turkey 2019 was launched at the WB-EDIF SME Forum on Tuesday, 7 May 2019 in Sarajevo, Bosnia and Herzegovina.
The event provided a forum for debate on how policy reforms can best improve business environment for SMEs in the Western Balkans and Turkey. It also enabled an exchange on the challenges experienced by SMEs as well as on the policy recommendations from the SME Policy Index: Western Balkans and Turkey 2019 for addressing these challenges.
The WB-EDIF SME Forum was attended by government representatives from the Western Balkans and Turkey, accompanied by high-level representatives of several EU/OECD member states, the European Commission, the OECD, EBRD, ETF and EIF. They were joined by chamber of commerce representatives from the Western Balkan economies and Turkey as well as owners and managers of SMEs from the region.
View the Agenda for the event.
Read the Pocketbook summary of the publcation
Recent Meetings & Events:
In-country launch meetings of the SME Policy Index 2019
May through September, 2019
14 September 2017, OECD Conference Centre, Paris
*This designation is without prejudice to positions on status and is in line with UNSCR 1244 and the ICJ Opinion on the Kosovo declaration of independence
Contacts: Jovana PAVLOVIC DJUKIC & Marijana PETROVIC, Project Managers