Mexico: Key Issues and Policies
During the past decade, the Mexican government has put into place a strong policy
framework for the promotion of small and medium-sized enterprises (SMEs) and entrepreneurship.
It has created a sequence of policy support running from the development of new entrepreneurs,
micro-enterprises, SMEs and gazelles to the stimulation of linkages between SMEs
and so-called 'tractor' firms. New co-ordination arrangements have also been created
across government ministries and among national and state governments to increase
the coherence and integration of their programmes. This publication takes stock
of this progress and assesses the opportunities for further strengthening of the Mexican
economy through SMEs and entrepreneurship. It shows that the framework conditions
are generally good in Mexico, and have improved in recent years thanks to reforms
such as regulatory simplification, the expansion of the national loan guarantee programme,
and the inclusion of the micro-enterprise sector as a target of the public support
system. At the same time, more can be done to shift entrepreneurs into the formal
business sector and to develop more medium-sized companies able to innovate and trade
internationally. There is also scope to improve the process of delivering the highest
quality and most relevant policy support to beneficiary enterprises by simplifying
the rules and operations of the SME Fund, developing the professional capacities of
the staff and consultants who provide business development services and using available
company-level data for the purposes of policy evaluation.
Published on April 29, 2013Also available in: Spanish
In series:OECD Studies on SMEs and Entrepreneurshipview more titles