The SME Policy Index is a tool that systematically and analytically tracks policy
development and identifies gaps in both policy elaboration and implementation at the
national and regional levels (OECD, 2009, p.34). Similar to the OECD SME Policy
Index, the objectives of the ASEAN Policy Index are as follows:
Structured evaluation
Evaluate progress in SME policy reform on a comparative basis
Assess countries’ performance, corresponding to the various dimensions
of reform
Targeted support for improvement
Prioritize regional and country level policy priorities and support needs
Regional collaboration and peer review
Encourage more effective peer review through a common evaluation
framework
Public and private sector involvement
Offer a simple and transparent communication tool for potential
entrepreneurs or investors