OECD Southeast Asia Regional Forum

Consultation Meeting SME Policy Work Stream

Towards the AEC 2015 and Beyond

24 March 2014
Bali, Indonesia
one vision
one identity
one community

Outlines
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SME as the Third Pillar of AEC

ASEAN SME Strategic Plan - Progress &

Key Achievements

Key Take-Aways from the ASEAN SME

Policy Index

1. SMEs As the Third Pillar of AEC

ASEAN ECONOMIC COMMUNITY

STRATEGIC SCHEDULE OF THE AEC BLUEPRINT (2008-2015)

Pillar 1
Single Market
& Production Base

Free flow of goods

Free flow of services
Free flow of
investment
Freer flow of capital
Free flow of skilled
labor
Priority Integration
Sectors
Food, agriculture and
forestry

Pillar 2
Competitive
Economic Region

Competition policy
Consumer protection
Intellectual property
rights
Infrastructure
development
Taxation
E-Commerce

HUMAN RESOURCE DEVELOPMENT

Pillar 3
Equitable Economic
Development

SME development
Initiative for ASEAN
Integration

Pillar 4
Integration into
the Global Economy

Coherent approach
towards external
economic relations
Enhanced
participation in global
supply networks

RESEARCH AND DEVELOPMENT

Significance of SMEs to ASEAN Economies

SMEs represent up to 99% of all enterprises in ASEAN

member states (AMS)
SMEs generate 56% to 97% of domestic employment
including youth and women
SMEs contribute 30% - 60% to GDP
SMEs contribute 19% - 31% to exports
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2. ASEAN SME Strategic Action Plan Progress &

Key Achievements

ASEAN Strategic Action Plan for SME Development

(2010-2015)

Finance

Market

Environ
ment

Human
Resource

Technology

Information

Access to Finance
Policy
Dimension:
Access to
Finance

ASEAN SME Regional

Development Fund
SME Credit Rating Model
Accounting Guidelines for
SMEs

Access to Market &

Internationalisation of SMEs
Policy
Dimension:

Improvements in Rural Living Condition

Through One Village One Product (OVOP)

International
Market
Expansion

SME Trade Fairs, Conference, Expos

Directories of ASEAN SMEs
Enhancement of ASEAN SME FTA
Utilisation

Access to Human Resources

Development
Policy
Dimension:
Promotion
of
Entreprene
urial
Education

Internship Schemes for Staff

Exchanges/ Visits
ASEAN Small Business
Competitiveness Program
Common Curriculum for
Entrepreneurship (COBLAS)

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Access to Information & Advisory

Services
Policy
Dimension:
Access to
Support
Services

Formulation of Case/ Industry Studies to

Develop Benchmarks/ Baselines for SMEs
SME Guidebook Towards the AEC 2015

Establishment of ASEAN SME Service

Centre, Phase II

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Access to Technology &

Innovation
Policy
Dimension:
Technology
& Tech
Transfer

Strengthening SME Business &

Technology Incubator
Establishment of ASEAN Business
Incubation Network (ABINet)
Policy Program to Upgrade SMEs
in Selected Industry Sectors

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3. Key Take-Aways from the ASEAN

SME Policy Index

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Key Take-Aways
from the ASEAN SME Policy Index

Good Regulatory
Environment

Entrepreneurial
Education

ASEAN Benchmarks for

Faster & Cheaper
Startups
A Common SME
Definition Applied in a
Country
Good Coordination
between Domestic
Government Agencies

Support Entrepreneurial
Learning
Accelerator / E-learning
Tools for Start-up

Access to Finance
Develop Regulatory
Framework
Sound and Diversified
Financial Products
Financial Education and
Discipline

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Key Take-Aways
from the ASEAN SME Policy Index

Technology & Tech

Transfer

Support Intl Market

Expansion

Access to
Supporting Services

Promote Adoption of
Technology
Foster Tech
Cooperation, focus on
Commercialisation
Promote Networking
Among Tech Incubators

Capacity Building
Program for Exporting
SME
Promote e-commerce,
biz matching and social
networking
Reduce Cost and
Simplify Customs
Procedures

Promote e-Services
Ensure ranges of
services and data are
updated and relevant to
domestic and regional
trade

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CHALLENGES/ISSUES
A good SME policy environment vital for
SME development

Minimum ASEAN benchmarks/standards for

some of the components will be useful
Challenge will be to develop a roadmap and
the milestones to achieve this
SMEWG post-2015 Action Plan - may be a
good avenue to operationalise some of
these elements
Cross-sectoral effort need cooperation of
related ASEAN bodies

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www.asean.org

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