SME Policy Index: ASEAN 2018: Boosting competitiveness and inclusive growth
Small and medium-sized enterprises (SMEs) in ASEAN are crucial for economic growth and job creation. The 2018 SME Policy Index evaluates policies to enhance their competitiveness and inclusivity, highlighting progress and areas needing improvement across member states.
(Generated with the help of GPT-4)
| Quick Facts | |
|---|---|
| Report location: | source |
| Language: | English |
| Publisher: | Economic research institute for Asean and East Asia |
| Time horizon: | 2016 |
| Geographic focus: | Brunei_Darussalam, Cambodia, Indonesia, Lao_Pdr, Malaysia, Myanmar, Philippines, Singapore, Thailand, Viet_Nam |
| Page count: | 501 |
Methods
The research method involved a comprehensive assessment framework that evaluated SME policies across eight thematic areas. This included self-assessments by national coordinators and independent evaluations by OECD and ERIA experts, incorporating stakeholder consultations and data collection.
(Generated with the help of GPT-4)
Key Insights
The ASEAN SME Policy Index 2018 report assesses the policies and frameworks supporting small and medium-sized enterprises (SMEs) across the ten ASEAN member states. It emphasizes the importance of SMEs in driving economic growth and job creation in the region. The report identifies significant progress since the previous assessment in 2014, particularly in building institutional frameworks, enhancing business development services, and increasing access to e-commerce. However, it also highlights ongoing challenges, such as the need for improved productivity measures, access to finance, and support for social enterprises. The assessment is based on a comprehensive methodology that evaluates policies across eight thematic areas, providing scores for each country. Recommendations include ensuring coherent and integrated approaches to SME policy, enhancing data collection, and expanding regional cooperation. The report serves as a valuable tool for policymakers to benchmark progress and identify areas for reform, aligning with the ASEAN Strategic Action Plan for SME Development (SAP SMED) 2016-2025.
(Generated with the help of GPT-4)
Additional Viewpoints
Categories: 2010s time horizon | 2016 time horizon | Brunei Darussalam geographic scope | Cambodia geographic scope | English publication language | Indonesia geographic scope | Lao Pdr geographic scope | Malaysia geographic scope | Myanmar geographic scope | Philippines geographic scope | Singapore geographic scope | Thailand geographic scope | Viet Nam geographic scope | access to finance | business development services | environmental policies | innovation promotion | internationalisation | market access | productivity enhancement | sme development | social enterprises