Review of SME Policy in the Republic of Moldova

This section reviews SME policy in the Republic of Moldova according to the ten principles of the Small business Act (SBA). The Small Business Act (SBA), which was developed by the European Commission and was adopted in June 2008, seeks to “guide the conception and implementation” of SME policy (EC, 2008a) for the European Commission as well as for the member states. Such a methodology allows benchmarking of the state of SME policy in the Republic of Moldova against reforms that have been made in the European Union. The OECD is currently conducting a number of regional reviews following a similar framework. Once the results of these assessments are available, comparison with the other economies in the region will also be possible.