Next Generation Competitiveness Initiative (NGCI) Presentation by OECD Investment Compact for the South East Europe Investment Committee Sarajevo, Bosnia.

Next Generation Competitiveness Initiative (NGCI)

Presentation by OECD Investment Compact for the South East Europe Investment Committee Sarajevo, Bosnia and Herzegovina19 June 2013

2

Next Generation Competitiveness Initiative:Historical context

Sector Specific Sources of Competitiveness (SSSC)

• Identified barriers to sector competitiveness in three sectors with policy recommendations.

• Regional investment promotion for automotive• Internships to address ICT skills• Access to finance for textiles

Regional Competitiveness Initiative (RCI)•Improve competitiveness through innovation and

human capital•Capacity building support via pilot projects•Transfer lessons learned through regional working

groups

Next Generation Competitiveness Initiative (NGCI)• A sectoral approach to support value chains

through regional cooperation

• SEE 2020 Monitoring

2010 20122011 201520142013

Albania, Bosnia and Herzegovina, Croatia, FYR Macedonia, Kosovo*, Montenegro, and Serbia

* This designation is without prejudice to positions on status, and is in line with UNSCR 1244 and the ICJ Opinion on the Kosovo Declaration of Independence

2007 20092008

3

Next Generation Competitiveness Initiative:Contribution to SEE 2020

SEE 2020i. Increase regional GDP PPP per capita from 38% to 46% of the EU-27 average

ii. Grow the region’s total value of trade in goods and services by more than 130% iii. Reduce the region’s trade deficit from 14.1 to 11.6 percent of regional GDP

Pillar Integrated growth Smart growth Sustainable growth Inclusive growth Governance for growth

Pillar targets

iv. Increase intra-regional trade in goods by more than 230% v. Increase overall FDI inflows to the region by at leas t 120%

vi . Increase GDP per person employed by 33%; vii. Add 300,000 highly educated people to the region's workforce

vii. Increase the rate of enterprise creation by 20% ix. Increase exports of goods&services per capita from the region by 130%

x. Increase the overall employment from 40.2% to 45.2%

xi . Increase government effectivenes s by 20% by 2020

Pillar dimensions

Free Trade Area

Competitive Economic Environment

Integration into global economy

Education/Competencies

R&D and Innovation

Digital Society

Culture and Creative Sectors

Competitiveness

Energy & Climate

Employment

Skills & inclusive education

Health Public Administration Reform

Fighting Corruption and Organise Crime

Dimension coordinator

CEFTA CEFTA SEEIC ERI SEE Regional Research Platform

E-SEE RCC TFCS

SEEIC Energy Community Secretariat

WG on Social Agenda 2020

SEECEL SEEHN RESPA SGRS

NGCI Monitoring

NGCI Sector work

4

Next Generation Competitiveness Initiative:Sector component objectives

Source: Presentation by Gary Gereffi, Duke University, “Global Value Chains and Development in Latin America:Emerging Trends and New Realities”, 31 October 2012, San Jose, Costa Rica

Objectives:Support SEE 2020 Strategy by identifying and addressing barriers to higher value-added investment and moving to higher value added activities.

5

Next Generation Competitiveness Initiative:Sector component methodology

Project preparation Analysis Capacity building for reform

Identify sectors and establish 3 regional sector-specific working groups comprised of Western Balkan businesses and government officials

Assess the barriers to competitiveness of regional value chains in the global marketplace

Develop recommendations and actions to enhance the competitiveness of 3 sectors, addressing the policy barriers.

6

Next Generation Competitiveness Initiative:Sector component roadmap

Greater time and staff commitment

2013 2014 2015

Analysis and short listing of sectors

Identification of 3 sectors and designation of sector working group membership

Launch of first sector working group

Identification of key constraints limiting sector competitiveness

Develop recommendations and actions in each sector working group

Identify appropriate bodies to implement recommendations and pilot actions

Develop a monitoring system for the implementation of actions

Review key lessons learned throughout project

7

AnalysisShort list

developedSelection of

sectors

Composition of sector groups

Next Generation Competitiveness Initiative:Sector component development process

First Working Group meeting

• Data collection

• Desk research• Consultation

with OECD and technical experts

•First WGC meeting

•Endorsement by SEEIC

June – September October November

2014

• Proposal drafted

•Consultation with WGC to identify members of working groups

Potential for regional cooperation

Competitiveness of the Western Balkans sectors in the global marketplace

Value-added potential

Analytical framework for sector selection

8


9




Services account for the largest and increasing share of GDP

2000 20100

10

20

30

40

50

60

70

80

90

100

Sectors' share of GDP in the Western Balkans

Agriculture Industry Services

Western Balkans Central Europe0

20

40

60

80

100

Sectors' share of GDP in 2010 in the WB and CE

10

FDI has been mainly market-seeking and concentrated in services

NB: Data include Albania, Bosnia and Herzegovina, Croatia and the FYR Macedonia11

33.1%

15.5%

9.9%

2.2%

7.0%2.3%

2.3%

3.9%

23.7%

FDI Stocks by Activity in 2010 (% of Total FDI Stocks)

Financial intermediation

Wholesale, retail trade, repair of motor vehicles etc

Transport, storage and communication

Construction

Real estate, renting and business activities

Mining and quarrying

Hotels and restaurants

Other

Manufacturing

Travel accounts for the largest share of service exports

Travel

Other business services

Transportation

Communications services

Construction services

Computer and information services

Personal, cultural, and recreational services

Financial services

Royalties and license fees

Insurance services

Service exports in 2011 (bn USD)

ALB BIH HRV MNE SRB MKD

Source: UN Service Trade Database

Includes business and personal travel

12

Legal, accounting, consulting,

architectural, etc. services

Road, railway, sea and air passenger

and freight transport

RCA indices show the export specialisation of WB economies

CEFTA ALB BIH HRV MKD MNE SRBWood and Cork 3.91 1.32 7.50 5.07 0.51 5.54 2.38Textiles, Leather and Footwear 2.29 8.75 2.09 1.45 5.00 0.12 1.66Other Non-Metallic Mineral Products 2.25 2.33 1.47 3.31 2.24 0.25 1.33Food, Beverages and Tobacco 1.92 0.80 0.97 1.51 2.02 2.08 2.61Fabricated Metal Products 1.68 2.09 2.69 1.71 0.99 0.75 1.48Basic Metals 1.61 0.93 1.89 0.48 3.77 8.71 2.22Electrical Machinery and Apparatus n.e.c 1.23 0.63 0.56 1.71 0.48 0.07 1.19Rubber and Plastics Products 1.16 0.37 0.73 0.63 0.84 0.08 2.33Pulp, Paper, Printing and Publishing 1.09 1.00 1.17 1.07 0.32 0.64 1.45Coke, Petroleum Products 1.06 0.27 0.92 2.02 0.20 0.42 0.43Other Transport Equipment 0.92 0.02 0.20 1.96 0.08 0.23 0.45Machinery and Equipment, n.e.c 0.67 0.11 0.61 0.86 0.30 0.82 0.67Chemicals and Chemical Products 0.50 0.06 0.40 0.63 0.46 0.09 0.52Motor Vehicles, Trailers and Semi-Trailers 0.29 0.04 0.51 0.27 0.10 0.12 0.32Pharmaceuticals 0.23 0.05 0.04 0.21 1.34 0.03 0.06Medical, Precision and Optical Instruments 0.21 0.04 0.10 0.28 0.16 0.03 0.20Radio, TV and Communication Equipment 0.20 0.07 0.02 0.34 0.03 0.04 0.20ICT 0.19 0.07 0.04 0.28 0.06 0.04 0.22Office, Accounting and Computing Machinery 0.15 0.10 0.02 0.16 0.05 0.04 0.27

RCA indices in 2009

Source: Based on OECD STAN BTD. CEFTA also includes Moldova. No data available for Kosovo*13

Low tech High techMedium-high techMedium-Low tech

Which sectors have potential for future growth?

Source: based on OECD STAN BTD14

0% 2% 4% 6% 8% 10% 12%0%

2%

4%

6%

8%

10%

12%

14%

16%

5.8%

14.9%

10.9%

7.9%8.4%

11.0%

5.9%

3.5%

10.5%10.8%

11.0%

5.9%

6.2%

5.1%

Growth in WB exports and EU27 import demand

Growth in EU27 imports (annual growth 2006-2011)

WB

expo

rts

(ann

ual g

row

th 2

006-

2011

)


15




Depending on the industry, supply chains tend to be more or less regional

Source: OECD (2012). CEFTA also includes Moldova. No data available for Kosovo*16

Other Non-Metallic Mineral Prod.Food, Beverages and Tobacco

Office, ComputersCoke, Petroleum Products

Paper, Printing and PublishingChemicals

Fabricated Metal ProductsRubber and Plastics

Basic MetalsWood and Cork

Electrical Machinery n.e.cMedical, Instruments

Machinery and Equipment, n.e.cTextiles, Clothing

Motor Vehicles, TrailersOther Transport Equipment

Radio, TV and CommunicationManufacturing n.e.c; Recycling

0 20 40 60 80 100

intra-CEFTA extra-CEFTA

Intra and extra-CEFTA exports (%) of intermediate goods in 2009 by disaggregated industries

Depending on the industry, supply chains tend to be more or less regional

Source: OECD (2012). CEFTA also includes Moldova. No data available for Kosovo*17

Other Non-Metallic Mineral Prod.Food, Beverages and Tobacco

Office, ComputersCoke, Petroleum Products

Paper, Printing and PublishingChemicals

Fabricated Metal ProductsRubber and Plastics

Basic MetalsWood and Cork

Electrical Machinery n.e.cMedical, Instruments

Machinery and Equipment, n.e.cTextiles, Clothing

Motor Vehicles, TrailersOther Transport Equipment

Radio, TV and CommunicationManufacturing n.e.c; Recycling

0 20 40 60 80 100

intra-CEFTA extra-CEFTA

Glass and glass products, clay,

ceramics, bricks, cement, lime and

plaster, cutting and shapingOffice machinery

and computers

Electric valves and tubes, television and radio transmitters,

television and radio receivers, sound or video recording

apparatus

Intra and extra-CEFTA exports (%) of intermediate goods in 2009 by disaggregated industries

The RCA matrix helps identify economies’ positions in supply chains

No propensity to import intermediate goods

RCA in intermediate good exports

Propensity to import intermediate goods imports

Other / No evidence of supply

chains

First stage supply chains

Final stage supply chains

Intermediate stage supply chains

RCA in final good exports

Source: OECD (2012)18

An example: Serbia’s industries’ positions in supply chains

Year: 2009

194

3

2

1

0

1

2

3

4

352580.75105161.79

790686.83181245.32

269691.91

96091.08

134926.64

153675.05

65830.71

542308.7170822.23801187.89

Manufacturing n.e.c.

No propensity to im-port intermediate

goods

Other / No Evident Interna-tionalSupply Chains

RCA in final goods exports

Final StageSupply Chains

Propensity to import in-termediate goods

First StageSupply Chains

Intermediate StageSupply Chains

RCA in intermediate goods exports

Industry First stage Intermediate stages Final stages

Food, beverages and tobacco SRB BIH HRV MKD MNE

Textiles, ClothingALB BIH HRV MKD SRB

Wood and Cork BIH HRV MNE SRB ALB BIH

Paper, Printing and PublishingALB BIH HRV SRB BIH SRB

Coke, Petroleum Products HRV

Rubber and Plastics MKD SRB

Basic Metals BIH MNE MKD SRB

Fabricated metal products BIH ALB HRV MKD SRB SRB

Electrical machinery, nec HRV SRB

Motor vehicles, Trailers BIH

WB economies present supply chain complementarities in selected sectors

Economies’ positions in supply chains (2009)

Source: OECD (2012). No data available for Kosovo*

20

ALB BIH HRV XK MKD MNE SRB

Metal industry

Textile, Apparel

Wood processing

Agro-food

Mining

Construction

Automotive

Pharmaceuticals

ICT

Tourism

Banking

Energy

Governments in the region support similar sectors

Sectors prioritised by WB economies

Source: based on National Strategies and Investment Promotion Agencies21


22




23

Broader criteria to be used for identification of areas of local current and potential strengths

Generic indicators Industry specific indicators and expert assessments*

Skills of labor force Education and skill levels of labour force, continuous vocational training data, productivity per hour

Production and service quality

ISO9001 and ISO1400 certificates, trademarks and design, export and export unit prices

Software capabilities and skills

CMM Certificates

Engineering capabilities and skills

Value of engineering services including export

R&D capabilities Publications, patents, utility patents, R&D contracts

* Industry specific indicators could be developed in consultation with industry experts

Broader criteria to be used for identification of areas of local current and potential strengths

Source: “Industrial upgrading through value chains in Western Balkans: the issues for analysis” Presentation by Prof. Slavo Radosevic, NGCI Workshop, OECD

How to assess the future growth potential of sectors?

24

Austria 35

Germany 33Potential ‘SEE flying geese’ pattern

Italy 27

Slovenia 25

Greece 24Hungary 17

Croatia 16

Turkey 13

Bulgaria 11GDP pc PPP const 2005$ in 000’s Romania 11

Serbia 10

Albania 8

Bosnia and Herzegovina 7

Source: “Industrial upgrading through value chains in Western Balkans: the issues for analysis” Presentation by Prof. Slavo Radosevic, NGCI Workshop, OECD

Identify sectors with declining RCA in countries whose GDP pc is twice of individual WB countries

25

AnalysisShort list

developedSelection of

sectors

Composition of sector groups

Next Generation Competitiveness Initiative:Sector component development process

First Working Group meeting

• Data collection

• Desk research• Consultation

with OECD and technical experts

•First WGC meeting

•Endorsement by SEEIC

June – September October November

2014

• Proposal drafted

•Consultation with WGC to identify members of working groups

Working Group on Competitiveness

26

Composition:

Government institutions and departments in charge of competitiveness, industrial and sector policy.

Activities:

• Promoting regional cooperation in competiveness policy reforms;• Identification of sectors with potential regional value chains;• Assessing policy barriers to greater value chain development;• Developing policy recommendations at the industry and sector level to

enhance regional value chains;• Reviewing actions to promote regional value chains in the global

marketplace;• Strengthening regional value chains by actively supporting the creation

of transnational clusters and business networks; • Enhancing coordination and peer reviews on SME policy

First meeting: Early October 2013

27

2013 2014 2015 2016

1st sector group

2nd sector group

3rd sector group

Identify barriers

Sector group meetings

Identification of sectors



Sector work

Next Generation Competitiveness Initiative:Sector component timeframe

Develop recommendations



Identify barriers

Identify barriers

28

Next Generation Competitiveness Initiative:Contribution to SEE 2020

SEE 2020i. Increase regional GDP PPP per capita from 38% to 46% of the EU-27 average

ii. Grow the region’s total value of trade in goods and services by more than 130% iii. Reduce the region’s trade deficit from 14.1 to 11.6 percent of regional GDP

Pillar Integrated growth Smart growth Sustainable growth Inclusive growth Governance for growth

Pillar targets

iv. Increase intra-regional trade in goods by more than 230% v. Increase overall FDI inflows to the region by at leas t 120%

vi . Increase GDP per person employed by 33%; vii. Add 300,000 highly educated people to the region's workforce

vii. Increase the rate of enterprise creation by 20% ix. Increase exports of goods&services per capita from the region by 130%

x. Increase the overall employment from 40.2% to 45.2%

xi . Increase government effectivenes s by 20% by 2020

Pillar dimensions

Free Trade Area

Competitive Economic Environment

Integration into global economy

Education/Competencies

R&D and Innovation

Digital Society

Culture and Creative Sectors

Competitiveness

Energy & Climate

Employment

Skills & inclusive education

Health Public Administration Reform

Fighting Corruption and Organise Crime

Dimension coordinator

CEFTA CEFTA SEEIC ERI SEE Regional Research Platform

E-SEE RCC TFCS

SEEIC Energy Community Secretariat

WG on Social Agenda 2020

SEECEL SEEHN RESPA SGRS

SEE 2020 Monitoring

Sector work

29

Next Generation Competitiveness Initiative:Monitoring component historical context

Greater time and staff commitment

2005 20064th SEE ministerial in Sofia, Bulgaria, 10 June

Ministers agree on the need for a regional framework for investment consistent with EU principles and inspired by the OECD Policy Framework for Investment.

5th SEE ministerial in Vienna, Austria on 27 June

Ministers endorse a “Regional framework on Investment”

Completion of first Investment Reform Index

2nd Investment Reform Index released

2010 20116th SEE Ministerial

SEE 2020 Vision based on five pillars (integrated, smart, sustainable, inclusive and governance for growth

20127th SEE Ministerial

Endorsement of SEE 2020 headline targets

8th SEE Ministerial

Endorsement of SEE 2020 Strategy

2013

Strategy pillars and Dimensions Policy qualitative and quantitative indicators Impact/Outcome indicators

Follow the SEE 2020 Strategy, including its pillars and dimensions

Assess policies used to implement the SEE 2020 Strategy, based on tools developed by the OECD • Regional Framework for

Investment (IRI) • Product-Market Regulation, • Labour Market Regulation, • Services Trade Restrictiveness

Index, • Government at a Glance, • Education at a Glance, • Innovation Strategy

Track progress on the achievement of overall progress on the achievement of the Strategy, including but not limited to the headline targets

Next Generation Competitiveness Initiative:Monitoring component structure

31

Pillars

Integrated

Smart

Sustainable

Inclusive

Governance for growth

Dimensions

A. Free Trade Area

Qualitative Quantitative

Impact/Outcome

National treatment restrictions (OECD)

Transfer of capital (OECD)

FDI incentives(OECD)

Procedures to start a foreign business (#)

Time required to start a foreign business (days)

Time required to lease public land (days)

Source: World Bank, Investing Across borders

Intra-regional trade in goods (Headline target)

FDI inflows to the region (Headline target)

FDI per capita

Greenfield vs Privatisation FDI

1. Free Flow of goods

2. Free Flow of Services

3. Free Flow of Investment

3.1 Treatment and protection of investors

3.2 Coordination of investment policies

4. Free Flow of Skilled Labour

B. Competitive Economic EnvironmentC. Integration into Global Economy

Indicators


Policy

3232

Pillars

Integrated

Smart

Sustainable

Inclusive

Governance for growth

Dimensions

A. Free Trade Area

Qualitative Quantitative

Impact/Outcome

National treatment restrictions (OECD)

Transfer of capital (OECD)

FDI incentives(OECD)

Procedures to start a foreign business (#)

Time required to start a foreign business (days)

Time required to lease public land (days)

Source: World Bank, Investing Across borders

Intra-regional trade in goods (Headline target)

FDI inflows to the region (Headline target)

FDI per capita

Greenfield vs Privatisation FDI

1. Free Flow of goods

2. Free Flow of Services

3. Free Flow of Investment

3.1 Treatment and protection of investors

3.2 Coordination of investment policies

4. Free Flow of Skilled Labour

B. Competitive Economic EnvironmentC. Integration into Global Economy

Indicators


Policy1. National treatment not contained in primary or secondary legislation on private FDI.

2. Government in process of incorporating “national treatment” into primary and secondary legislation on private FDI.

3. National treatment is incorporated in primary and secondary legislation with clearly defined restrictions.

4. Level 3 plus government reduces restrictions by reciprocal commitments made through bilateral, regional, or multilateral agreements.

5. Level 4 plus the government unilaterally reduces restrictions to national treatment on the basis of periodic reviews of its foreign investment policy.

33

Next Generation Competitiveness Initiative:Monitoring “Sustainable Growth/Competitiveness”

1. Competition Policy

1 Public ownership1.1 Scope of public enterprise sector1.2 Gov't involvement in network sectors1.3 Direct control over business enterprises

2 Public involvement in business operations2.1 Price controls2.2 Use of command and control regulation

3. Regulatory and administrative opacity3.1 Licenses and permits system3.2 Communication and simplification of rules and procedures

5. Barriers to competition5.1 Legal barriers5.2 Antitrust exemptions

Source: OECD, Product Market Regulation

• Herfindahl index for main sectors

• % of state-owned enterprises

• Volume of state aid• Number of cases

handled by Competition Authority

• Number of complaints about dominant market position

• Number of bailout cases

Source: EC, Competition authorities

1. Growth of exports of goods and services per capita

2. WEF Global Competitiveness Index

Source: National Statistical Offices, EUROSTAT, international organisations

2. Business Integrity

3. Infrastructure

4. Access to finance

5. SME policy

6. Tax policy

7. Sectoral policy

Dimensions Policy Impact/Outcome

Work in progress

3434



1 Telecommunications1.1 Transparency of the regulator 1.2 Independence of the regulator from the executive1.3 Regulation of roaming and termination charges of mobile operators

2 Transport (Road, rail, air)2.1 Transparency of the decision-making process of the regulatory body2.2 Independence of the regulatory body from the executive2.3 Liberalisation of domestic aviation

3 Energy3.1 Transparency of the decision-taking process of the regulatory body3.2 Independence of the regulatory body from the executive3.3 Terms and conditions of third party access to the electricity transmission grid

Source: OECD

• Fixed line, mobile and broadband penetration rate

• Active operators providing fixed-line telephone services

• Annual expenditure on road construction / maintenance

• Length of road network• Paved roads as a percentage

of total road length• Annual expenditure on rail

network construction / upgrade / maintenance

• Total length of rail network/country area

• Volume of road/railway/air traffic

• Number of necessary documents to get an electricity connection for business

• Number of electricity providers

Source: OECD, World Bank

• Time to obtain a new telephone line for business

• Average cost of a peak fixed-line call to Germany

• Telephone faults• Average cost of a

tonne of airfreight to Frankfurt

• Average cost of a passenger ticket to Frankfurt

• Average time required to obtain an electricity connection for business

• Average industrial electricity tariff

• Number of brownouts

Source: OECD, SEETO, national data


3. Infrastructure


5. SME policy

6. Tax policy

7. Sectoral policy


Work in

progress



1. Legal and regulatory framework1.1 Insolvency laws1.2 Ranking the quantity of information maintained by credit information institutions1.3 Development of Cadastre1.4 Collateral and provisions1.5 Registration system for moveable assets

2. Loan guarantee schemes3.1 Credit guarantee schemes3.2 Mutual guarantee schemes3.3 Export credit guarantee schemes

3. Selected demand-side skills4.1 Investment readiness

Source: OECD

Debt financing• Number of banks offering loans • Documents required to approve a

loan• Admin procedures required for

cadastre / Moveable assets• Average level of collateral required • Volume of credit guarantees • Volume of collateral-free loans • Volume of microfinance

Leasing/factoring• Number of providers offering

leasing contracts• Number of providers offering

factoring

Equity financing• Volume and number of business

angel deals• Volume and number of early-stage

VC• Volume and number of IPOs

Source: OECD, EC, EBRD

1. Share of bank loans in external financing of new fixed assets2. Credit to companies (% of GDP)3. Credit to individuals (% of GDP)4. Average interest rate to enterprises (%)5. Market capitalisation (% of GDP)6. Number of start-ups financed

Source: OECD, EC, WDI, IFS


3. Infrastructure


5. SME policy

6. Tax policy

7. Sectoral policy


Work in progress

36



Ten principles of SBA1.Regulatory framework for SME policy

making2. Operational environment for SMEs3. Access to finance for SMEs4. Skills and innovation5. Internationalisation of SMEs6. Support services for SMEs and public

procurement7. Entrepreneurial learning8. Bankruptcy and second chance for

SMEs9. Standards and technical regulation10. SMEs in green economy

Source: OECD SME Policy Index

1. Number of days to complete the overall registration process of a business

2. Min. capital requirements to start a business

3. Costs connected with registration

4. Fully functioning incubators

5. Volume of public R&D grants

6; Volume of SME vouchers

Source: OECD, World Bank Doing Business

1. Growth of enterprise creation

2. Number and share of HGEs of all registered companies

3. Survival rate of companies

4. Job creation by SMEs

Source: National statistics offices


3. Infrastructure


5. SME policy

6. Tax policy

7. Sectoral policy


Work in progress

37

1 2 3 4 5 6 7 8 9 100

1

2

3

4

5

Investment Policy and Promotion FDI policy Promotion and Facilitation Transparency

Privatisation and PPP Policy

Sco

reNext Generation Competitiveness Initiative:

Monitoring component output (illustrative only)

38

2013 2014 2015

1st analysis

Grids distributed to regional organisations

Review meetings with regional organisations/governments, experts and private sector

Release of “Regional Competitiveness Outlook”

SEE 2020 Monitoring

OECD work on grids

Next Generation Competitiveness Initiative:Monitoring component timeline

SEE ministerial

Consult regional organisations

Feedback on grids from governments

Grids received from contact points

39

InputsPrioritisation workshops with regional

organisations

Next Generation Competitiveness Initiative:Monitoring component development process

Grids distributed to contact points

from regional organisations/

Implementation starts

• SEE 2020 targets• RCC• European

Commission• Regional

stakeholders• Relevant OECD

Directorates

• Relevance• Measurability• Cost

June – September October – December

January-February

April

Feedback from governments distributed by contact points from regional organisations

March

• Relevance• Measurability• Cost

40

Private Sector Independent experts

Regional organisations

Next Generation Competitiveness Initiative:Implementation of monitoring component

Government self-

assessment

METE MoFTERMinistry of Economy

Ministry of Trade and Industry

Ministry of Economy

Ministry of Economy

MERR

ALB BIH HRV XK MKD MNE SRB

CEFTA

SEEIC

SEECEL

ERI SEEIntergovernmental WG on Social Agenda 2020

SEEHNRegional Research & Innovation Platform

e-SEE

TFCS

NALASRAI

Next Generation Competitiveness Initiative:Implementation of monitoring component

BEFORE:Contact point

in each countryNOW:

Contact point in each regional organisation

• OECD will work with regional organisations per dimension(s) • Joint meetings on dimensions to be foreseen

Free trade area, Competitive economic environment, Integration into global economy and Competitiveness

Education/Competences, Skills and Inclusive Education, and Employment

Effective public services and Anti-Corruption• OECD needs one contact point from each regional

organisation

Next Generation Competitiveness Initiative:Co-operation with regional organisations

Co-ordinating the tasks with all seven economies1. Validating the assessment grids for the monitoring process2. Distributing the grids to the contact points in the national governments

and explaining the modalities to each question3. Collecting the answers to the grid questions from the countries4. Sending filled-out grids to the OECD for assessment5. Collecting quantitative data for the Impact/Outcome indicators from

National Statistical Offices, Central Banks and Chambers of Commerce of the countries

6. Analysing data and trends for Annual report (with OECD guidance)7. Communicating OECD requests/inquiries to the contact points in the

national administrations and vice versa8. Organizing the meetings with country representatives (including private

sector consultation as needed)

Estimated workload: 60-80 working days per year

Next Generation Competitiveness Initiative:Tasks and responsibilities of contact points

44

Thank you for your attention.

Alan PaicHead of Programme

OECD Investment Compact for SEE

Milan KonopekPolicy Analyst

OECD Investment Compact for SEE

Organisation for Economic Co-operation and Development (OECD)

[email protected]

[email protected]

www.investmentcompact.org

mailto:[email protected]

mailto:[email protected]

Next Generation Competitiveness Initiative (NGCI) Presentation by OECD Investment Compact for the South East Europe Investment Committee Sarajevo, Bosnia.

Documents

sector competitiveness

increase regional gdp

regional cooperation

regional investment

intraregional trade

regional working groups

support value chains

sector component methodology