However, it is widely accepted that economic development goes beyond the mere maximisation of economic growth. The distributional consequences of economic growth are of paramount importance. Given their potential to address both the growth and distributional concerns of economic policy, it is imperative that appropriate attention is given to the promotion of SMEs.
Equally important, however, is to test whether the enhancements that have been introduced by individual entities are effective. To that end, we published the TIBER-EU Framework in May and the TIBER-EU Services Procurement Guidelines5 in August. In due course, we will also be publishing the TIBER-EU White Team Guidance, to further complement the testing framework.