This year’s edition of the Scoreboard – the eighth in our flagship series – evaluates debt, equity, asset-based finance, and conditions for SME and entrepreneurship finance in 46 countries. It also provides an assessment of recent SME-related policy developments.
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This document is the peer review report of the US National Contact Point (US NCP) for the OECD Guidelines for Multinational Enterprises (Guidelines). The implementation procedures of the Guidelines require NCPs to operate in accordance with the core criteria of visibility, accessibility, transparency and accountability.
It is a pleasure to be here today to launch the 2017 OECD Scoreboard on Financing SMEs and Entrepreneurs. It is an honour to welcome Minister Padoan, an old friend of the OECD, here at our Washington Centre. And it is a very timely moment to take a closer look at the issue of SME finance.
Thank you for your welcome, and thank you to the Washington International Trade Association for hosting today’s event. The OECD is a longstanding advocate of open markets. I am delighted to be among so many ‘‘friends of trade’’ to share the OECD’s latest data, analysis and reflections on developments in the global trade landscape.
Le financement des petites et moyennes entreprises (PME) a passé la phase de repli observée durant la crise financière mondiale, mais les conditions globales de crédit demeurent tendues et l’accès à des financements externes reste bien plus difficile pour les PME que pour les grandes entreprises, selon un nouveau rapport de l’OCDE.
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Seven years after the global financial crisis, lending to US small businesses is still below the precrisis levels and credit conditions remain tight for many of these firms. A more diversified set of options for SME financing should continue to be pursued to support long-term investment and reverse the trend decline in the number of start-ups.