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Towards the Asean Economic Community 2015 and beyond
Towards the Asean Economic Community 2015 and beyond
Towards the Asean Economic Community 2015 and beyond
Towards the Asean Economic Community 2015 and beyond
Towards the Asean Economic Community 2015 and beyond
Towards the Asean Economic Community 2015 and beyond
Towards the Asean Economic Community 2015 and beyond
Towards the Asean Economic Community 2015 and beyond
Towards the Asean Economic Community 2015 and beyond
Towards the Asean Economic Community 2015 and beyond
Towards the Asean Economic Community 2015 and beyond
Towards the Asean Economic Community 2015 and beyond
Towards the Asean Economic Community 2015 and beyond
Towards the Asean Economic Community 2015 and beyond
Towards the Asean Economic Community 2015 and beyond
Towards the Asean Economic Community 2015 and beyond
Towards the Asean Economic Community 2015 and beyond
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Towards the Asean Economic Community 2015 and beyond

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Presented by ASEAN at the OECD Southeast Asia Regional Forum, 24-26 March 2014, Bali, Indonesia.

Presented by ASEAN at the OECD Southeast Asia Regional Forum, 24-26 March 2014, Bali, Indonesia.

Published in: Government & Nonprofit
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  • 1. OECD Southeast Asia Regional Forum Consultation Meeting –SME Policy Work Stream one vision one identity one community 1 Towards the AEC 2015 and Beyond 24 March 2014 Bali, Indonesia
  • 2. Outlines Key Take-Aways from the ASEAN SME Policy Index 3 2 ASEAN SME Strategic Plan - Progress & Key Achievements SME as the Third Pillar of AEC1 2
  • 3. 1. SMEs – As the Third Pillar of AEC 3
  • 4. 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 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 HUMAN RESOURCE DEVELOPMENT RESEARCH AND DEVELOPMENT 4
  • 5. 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 5
  • 6. 2. ASEAN SME Strategic Action Plan – Progress & Key Achievements 6
  • 7. ASEAN Strategic Action Plan for SME Development (2010-2015) MarketFinance Environ ment Techno- logy Infor- mation Human Resource 7
  • 8. Access to Finance Policy Dimension: Access to Finance ASEAN SME Regional Development Fund SME Credit Rating Model Accounting Guidelines for SMEs 8
  • 9. Access to Market & Internationalisation of SMEs Policy Dimension: International Market Expansion Improvements in Rural Living Condition Through One Village One Product (OVOP) SME Trade Fairs, Conference, Expos Directories of ASEAN SMEs Enhancement of ASEAN SME FTA Utilisation 9
  • 10. 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) 10
  • 11. 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 11
  • 12. 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 12
  • 13. 3. Key Take-Aways from the ASEAN SME Policy Index 13
  • 14. Key Take-Aways from the ASEAN SME Policy Index Good Regulatory Environment • ASEAN Benchmarks for Faster & Cheaper Startups • A Common SME Definition Applied in a Country • Good Coordination between Domestic Government Agencies Entrepreneurial Education • 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 14
  • 15. Key Take-Aways from the ASEAN SME Policy Index Technology & Tech Transfer • Promote Adoption of Technology • Foster Tech Cooperation, focus on Commercialisation • Promote Networking Among Tech Incubators Support Int’l Market Expansion • Capacity Building Program for Exporting SME • Promote e-commerce, biz matching and social networking • Reduce Cost and Simplify Customs Procedures Access to Supporting Services • Promote e-Services • Ensure ranges of services and data are updated and relevant to domestic and regional trade 15
  • 16. 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 16
  • 17. www.asean.org 17

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