SEE 2020 Monitoring

Presentation by OECD Investment Compact for South East EuropeSalzburg, AustriaOctober 10, 2013

The OECD Investment Compact for SEE contributes to both monitoring and implementation of the SEE2020 strategy

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 the Global Economy

Human Capital Development

R&D and Innovation

Digital Society

Culture and Creative Sectors

Resource efficiency

Competitiveness

Employment

Health Effective public services

Anti-corruption

Justice

SEE 2020 Monitoring

Sector competitiveness

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The monitoring component builds on a tradition of assessment of investment climate in SEE

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 Strategy, including but not limited to the headline targets

Monitoring structure

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Private Sector Independent experts

Regional organisations

Implementation of monitoring through a tripartite assessment

Government self-

assessment

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Pillars

Integrated

Smart

Sustainable

Inclusive

Governance for growth

Dimensions

D. Human Capital Development

Qualitative Quantitative

Impact/Outcome

National policy approach to widen participation in higher education

Development and implementation of work-related system of continuing education and training

Participation in education and training by educational level and gender

Educational attainment by educational level

Drop-out rates by educational institution

1. Quality, qualifications and mobility

2. Inclusiveness and lifelong learning

3. Entrepreneurial learning

E. R&D and innovation

G. Culture & Creative sectors

Indicators

Monitoring framework (illustrative)

Policy

F. Digital Society

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Pillars

Integrated

Smart

Sustainable

Inclusive

Governance for growth

Dimensions

D. Human Capital Development

Qualitative Quantitative

Impact/Outcome

National policy approach to widen participation in higher education

Development and implementation of work-related system of continuing education and training

Participation in education and training (25-64 year olds)

Reduce early leavers from education and training

Increase tertiary educational attainment as % of population

E. R&D and innovation

G. Culture & Creative sectors

Indicators

Monitoring framework (illustrative)

Policy

F. Digital Society

1. No CET strategy exists.

2. A CET Strategy is being drafted.

3. CET strategy adopted, based on input from relevant public and private sector institutions and civil society. The strategy includes indicators of success, an action plan, allocated budgets and resources to monitor the strategy’s implementation.

4. Level 3 + Evidence of strategy implementation, with targeted support measures, linkages to the national qualification framework, and wide dissemination of information on CET programmes.

5. Level 4+ Strategy implementation occurs with a high quality of programme delivery. Information gathered is used to improve policy. Regular private sector consultation.

1. Quality, qualifications and mobility

2. Inclusiveness and lifelong learning

3. Entrepreneurial learning

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Next Generation Competitiveness Initiative:Monitoring component output (example from IRI 2010)

ALB BIH BG HRV XK MK MD MNE RO SRB0

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2

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5Human capital development

Dimension average (weighted) : human capital development Continuing education and training Vocational education and training

Scor

e

Source: OECD Investment Reform Index 2010

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Next Generation Competitiveness Initiative:Monitoring component output (example from IRI 2010)

    ALB BIH BG HRV XK MK MD MNE RO SRB

Strategy formulation

Workforce skills strategy: design and evidence

1.00 1.00 4.00 3.00 1.00 4.00 3.00 4.00 4.00 3.00

The inclusiveness of strategy formulation

3.00 2.00 4.00 3.00 2.00 3.50 3.00 4.00 5.00 4.00

Subdimension average: strategy formulation

2.00 1.50 4.00 3.00 1.50 3.75 3.00 4.00 4.50 3.50

Inputs to initial education

Teacher recruitment and retention 3.50 2.00 3.00 2.50 3.00 3.50 3.00 1.00 3.00 2.00

Development of the teacher workforce

4.00 2.00 4.00 3.00 3.00 4.00 2.50 3.00 4.00 4.00

Subdimension average: inputs to initial education

3.75 2.00 3.50 2.75 3.00 3.75 2.75 2.00 3.50 3.00

Vocational education and training

Development of the VET system 3.50 3.00 3.50 3.00 3.00 4.00 4.00 3.00 5.00 3.00

Consultative processes in the VET system

3.00 3.00 4.00 4.00 3.00 4.00 3.00 4.00 5.00 3.00

Subdimension average: vocational education and training

3.25 3.00 3.75 3.50 3.00 4.00 3.50 3.50 5.00 3.00

Continuing education and training

Extent of development of work-related system of continuing education and training

1.00 2.00 3.00 3.00 1.00 2.50 3.00 3.00 4.00 2.00

Dimension average (simple): human captial development 2.50 2.13 3.56 3.06 2.13 3.50 3.06 3.13 4.25 2.88

Dimension average (weighted) : human capital development

2.68 2.17 3.51 3.03 2.28 3.50 3.03 2.91 4.14 2.83

Source: OECD Investment Reform Index 2010

2013 Q3 2014 2015

Sept: 1st analysis completed

Sept.: Grid distributed to reg. org’s

June: Release of “SEE Outlook”

July: OECD work on grids starts

Oct: Review meetings with reg. org’s, their country contact points and local experts (4 meetings)

SEE2020 Strategy Monitoring: Timeline

Jan: Consult grid with contact points from reg. org’s

June: Feedback on grids from governments received

2016 Q2

May: Missions to working meetings of reg. org’s completed

Jan: Filled grids received from contact points of reg. org’s

Jan: Final review meetings with reg. org’s and their country contact points (4 meetings)

Febr-Mar: Grids filled by local independent experts and private sector representatives

SEE ministerial

Nov-Dec: In-house feedback on grid

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Thank you for your attention.

Alan PaicHead

OECD Investment Compact for SEE

Organisation for Economic Co-operation and Development (OECD)