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

10th March 2017 / Competitiveness / Transport, Infrastructure and Tourism

PCB on MICE tourism: Prague welcomed the largest number of events over the past decade

According to the data published by the Prague Convention Bureau, there were 2,528 events held in Prague in 2016, of which 85% took place in hotels, and the rest in other venues, congress centres and at universities.

7th March 2017 / Competitiveness / Employment and Social Affairs

Czech TV/Radio Praha: Czech Republic: Up to 80% of average net income goes to paying rent | JLL, CBRE on Millenials & housing, shopping (updated)

Monthly rent costs Czechs as much as 80 percent of their monthly net salary, according to Czech TV; the public broadcaster cited numbers from Numbeo.com. In neighbouring Poland and Slovakia, renters have to set aside even more.

6th March 2017 / Competitiveness / Employment and Social Affairs

LSE: Upwards convergence: Why wage growth should be a priority for central and eastern Europe | Infographic on Czech wages inside

Wages vary significantly across European countries, but would increasing wages to create more convergence in pay levels have a damaging impact on competitiveness? Drawing on the examples of the Czech Republic, Germany and Romania, Martin Myant argues that there is scope for raising wages in central and eastern European countries to draw closer to western European levels without generating negative economic side-effects.