The OECD Financing SMEs and Entrepreneurs Scoreboard: 2023 Highlights
The “OECD Financing SMEs and Entrepreneurs Scoreboard: 2023 Highlights” document SME and entrepreneurship financing trends, conditions and policy developments. The report provides official data on SME financing in close to 50 countries, includ...
Artificial intelligence: Changing landscape for SMEs
Artificial Intelligence (AI) could trigger a new production revolution, radically transforming business practices and conditions. This report aims to provide an understanding of what AI is, its potential impact on SME activities, and barriers to adoption....
SMEs to invest in INNOVATION and GREENING
In the last three years, small and medium-sized enterprises (SMEs) and entrepreneurs have been bounced from crisis to crisis. They had barely begun a fragile recovery from the COVID-19 pandemic in 2021 when Russia’s war in Ukraine sent a new shockwave r...
Unlocking MSMEs potential in LATIN AMERICA and the CARIBBEAN
Small and medium-sized enterprise (SME) development is critical for broad-based and sustained economic growth as Latin America and the Caribbean (LAC) grapple with ongoing global shocks following two years of pandemic-related fiscal challenges. SMEs are a...
Small businesses are key to a more sustainable and inclusive world
Small and medium-sized enterprises (SMEs) are a force to be reckoned with. They make up 90% of businesses globally, create two out of every three jobs worldwide, support the livelihoods of over two billion people, and are indispensable to the smooth funct...
AU SUMMIT 2023: POWERING TRADE THROUGH AFCFTA
Adoption by the African Union of the theme for 2023 as the “Year of AfCFTA: Acceleration of the African Continental Free Trade Area Implementation”, will generate greater political commitment and accelerate the effective implementation of the agreemen...
The Green Deal Industrial Plan: putting Europe’s net-zero industry in the lead
Today, the Commission presents a Green Deal Industrial Plan to enhance the competitiveness of Europe’s net-zero industry and support the fast transition to climate neutrality. The Plan aims to provide a more supportive environment for the scaling up...
How digitalization will drive the global recovery for small businesses
Small businesses are the backbone of the global economy, accounting for 90% of businesses, 60 to 70% of employment and 50% of GDP worldwide. A strong and sustained global economic recovery is only possible if these businesses can successfully adapt to pos...
New Study Shows SMEs Are Leading The Hybrid Work Revolution To Win The Talent Wars
As the world continues to navigate the challenges posed by the ongoing pandemic, small and medium enterprises (SMEs) have been faced with a particularly difficult economic environment. A new study by Vistage, published in January 2023, reveals that despi...
Strengthening FDI and SME Linkages in the Slovak Republic
OECD relesed a report assessing the linkages between foreign direct investment (FDI) and domestic small and medium-sized enterprises (SMEs) in the Slovak Republic. It provides policy recommendations to national and subnational governments on how to foster...