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SME Policy Index: Western Balkans and Turkey 2022

Assessing the Implementation of the Small Business Act for Europe

Small and medium-sized enterprises (SMEs) are essential drivers of sustainable economic growth in the Western Balkans and Turkey, where they make up 99% of all firms, generate 65% value added and account for 75% of employment. Nevertheless, SMEs across the region continue to face obstacles such as difficulties accessing financing, low levels of digital uptake, regulatory barriers and relatively low participation in international trade. The situation has been further exacerbated by the COVID-19 pandemic: SMEs found themselves fighting for survival amidst reduced demand, lockdowns and travel restrictions, and supply chain disruptions.  This report provides an overview of the implementation of the Small Business Act for Europe during the period 2019-22. It is designed to help policy makers design, implement and monitor policies to support the recovery of SMEs from the pandemic, boost their competitiveness based on OECD and EU good practices, and further enhance the region’s economic growth and resilience.  

Available from July 08, 2022

In series:SME Policy Indexview more titles

TABLE OF CONTENTS

Foreword
Acronyms and abbreviations
Executive summary
Economic context and the SME sector in the Western Balkans and Turkey
Policy framework and assessment process
Overview of key findings
Assessment findings by SBA Dimension12 chapters available
Entrepreneurial learning and women’s entrepreneurship (Dimension 1) in the Western Balkans and Turkey
Bankruptcy and second chance for SMEs (Dimension 2) in the Western Balkans and Turkey
Institutional and regulatory framework for SME policy making (Dimension 3) in the Western Balkans and Turkey
Operational environment for SMEs (Dimension 4) in the Western Balkans and Turkey
Support services for SMEs (Dimension 5a) in the Western Balkans and Turkey
Public procurement (Dimension 5b) in the Western Balkans and Turkey
Access to finance for SMEs (Dimension 6) in the Western Balkans and Turkey
Standards and technical regulations (Dimension 7) in the Western Balkans and Turkey
Enterprise skills (Dimension 8a) in the Western Balkans and Turkey
Innovation policy for SMEs (Dimension 8b) in the Western Balkans and Turkey
SMEs in a green economy (Dimension 9) in the Western Balkans and Turkey
Internationalisation of SMEs (Dimension 10) in the Western Balkans and Turkey
Small Business Act Assessment: Western Balkans and Turkey Economy Profiles7 chapters available
Albania: Economy Profile
Bosnia and Herzegovina: Economy Profile
Kosovo: Economy Profile
Montenegro: Economy Profile
North Macedonia: Economy Profile
Serbia: Economy Profile
Turkey: Economy Profile
Annexes3 chapters available
Methodology for the 2022 Small Business Act assessment
The Small Business Act assessment’s scoring model for Bosnia and Herzegovina
Relevant SME-related indicators per dimension
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