Latin American Economic Outlook 2013: SMEs policies for structural change

The 2013 version of Latin American Economic Outlook, prepared jointly by The Organisation for Economic Co-operation and Development (OECD) and the Economic Commission for Latin America and the Caribbean (ECLAC), examines the medium-term challenges that the region faces in the light of shifting global conditions, and highlights the potential for SMEs to play a greater role in fostering growth and structural change. This report underscores the need for a more integrated approach to SME policy which takes into account the greater productive context in which firms are embedded, as well as ensuring coherence across policy areas such as SME fi nancing, innovation and human capital development.