SME Policy Index: Western Balkans and Turkey 2016
Assessing the Implementation of the Small Business Act for Europe
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The SME Policy Index is a benchmarking tool designed for emerging economies to assess SME policy frameworks and monitor progress in policy implementation over time. The Index has been developed by the OECD in partnership with the European Commission (EC), the European Bank for Reconstruction and Development (EBRD), and the European Training Foundation (ETF) in 2006 for the Western Balkans. The South East European Centre for Entrepreneurial Learning (SEECEL) joined as an additional partner in 2014. The SME Policy Index has since 2006 been applied in four regions and nine assessment rounds overall.
The SME Policy Index: Western Balkans and Turkey 2016 presents the results of the fourth assessment of the Small Business Act for Europe in the Western Balkans and, since 2012, Turkey. The assessment framework is structured around the ten principles of the Small Business Act for Europe (SBA). It provides a wide-range of pro-enterprise measures to guide the design and implementation of SME policies based on good practices promoted by the EU and the OECD.
The Index identifies strengths and weaknesses in policy design, implementation and monitoring. It allows for comparison across countries and measures convergence towards good practices and relevant policy standards. It aims to support governments in setting targets for SME policy development and to identify strategic priorities to further improve the business environment. It also helps to engage governments in policy dialogue and exchange good practices within the region and with OECD and EU members.
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Foreword and Acknowledgements
Small and medium-sized enterprises (SMEs) are major contributors to job creation and inclusive economic growth worldwide. In particular, dynamic and growth-oriented SMEs integrated into global value chains are key to boosting productivity, innovation and competitiveness. In the seven EU pre-accession economies (Albania, Bosnia and Herzegovina, Kosovo,* the Former Yugoslav Republic of Macedonia, Montenegro, Serbia, and Turkey), SMEs represent the vast majority of firms, account for three-quarters of total employment and contribute to over 60% of total private-sector value added. As the governments of the region move towards higher levels of EU accession and market integration, the South East European (SEE) economies have been undertaking significant efforts to converge towards best policy practices and global standards.
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