SELA starts technical meetings to reconcile information from countries participating in IPPALC

May 22, 2023
SELA starts technical meetings to reconcile information from countries participating in IPPALC

The Latin American and Caribbean Economic System (SELA) together with the Organisation for Economic Co-operation and Development (OECD) and CAF-Development Bank of Latin America started the technical meetings for the development of the second edition of the Public Policy Index for MSMEs in Latin America and the Caribbean (IPPALC), from 15 May to 2 June. 

The project involves the countries that make up the Pacific Alliance (Chile, Colombia, Mexico and Peru), as well as Argentina, Bolivia, Brazil, Ecuador, Paraguay and Uruguay, with whom virtual meetings are held, accompanied by representatives of CAF, OECD and SELA, the national coordinator and the representative of the Foundation for the Strategic Analysis and Development of SMEs (FAEDPYME) in its capacity as independent evaluator. 

The purpose of these meetings is to reconcile the information gathered in the questionnaire concerning the treatment of national public policies on MSMEs that was circulated last year for this initiative. 

It should be noted that the IPPALC is a valuable analytical tool built to optimise public action for the benefit of small enterprises through a process of consultation among public, private, and international actors and policy recommendations based on evidence and international best practices. 

The first edition was held in 2017 with the support of OECD, CAF, and SELA. The participating countries were Argentina, Chile, Colombia, Ecuador, Mexico, Peru, and Uruguay. In this second edition, the participating countries are Argentina, Bolivia, Brazil, Chile, Colombia, Ecuador, Mexico, Paraguay, Peru, and Uruguay.   

Following the findings of this first phase of implementation of the tool, the participating countries have been able to make progress in the optimisation of public policies aimed at SMEs, in the strengthening of mechanisms for coordination, monitoring and evaluation of policies.  

The commitment among SELA, OECD and CAF-development bank of Latin America will allow for the application of this tool for the preparation of an updated analysis that responds to the needs of the countries and becomes a reference framework for the development of support instruments for micro, small and medium-sized enterprises, as an engine for inclusive and sustainable growth.