Competitiveness
This section feature research, opinion and progress reports on how the Czech Republic compares to other EU countries economically. It includes analysis of international rankings such as the WEF and World Bank.
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Spotlight issue
How governments can transform services securely in the cloud
Public sector organizations around the world share a common concern: how can they make sure their digital transformation maintains data security? The question comes up often when I meet with government leaders around the world in my role as a government transformation digital advisor at Amazon Web Services (AWS). These leaders are often surprised to hear that security can be a digital transformation enabler—even an accelerator—once they demonstrate that modern technology can be safer than legacy IT.
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EU’s 9th sanctions package extends investment ban to mining and quarrying sector; expands bans on exports and professional services; more asset freeze designations; derogations for divestments and agri-food
EU’s 9th sanctions package extends investment ban to mining and quarrying sector; expands bans on exports and professional services; more asset freeze designations; derogations for divestments and agri-food
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As margins decline due to slowing growth and continued inflation, the CIO budget will come under pressure in 2023
Uncertain environment
The year 2021 saw a post-COVID boom with a 27 percent increase in S&P 500’s equity valuations. The Fed funds rate fluctuated around zero, reducing the costs of borrowing, and the massive growth led to increased spending across industries. Shifting to 2022, the experience has been different, the Fed funds rate has increased significantly, and the conflict-fed inflation genie has yet to be put back in the bottle. The slowing economy and continued inflation foreshadow a difficult profitability environment for 2023.
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