Economic policy

This section reports on economic policy initiatives of the Czech government, the EU, and other entities that have a direct impact on the competitiveness of the country. It also includes information on economic priorities of the AmCham and other leading associations.

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Spotlight issue

16th November 2017 / Economic policy / Macroeconomic Indicators, Economic Growth

GDP deceleration in 3Q17 was less pronounced than the market feared

According to Komercni banka, Czech GDP increased 0.5% qoq in 3Q17 according to the flash estimate of the Czech Statistical Office (CZSO). This represents a significant deceleration after the 2.5% recorded in 2Q. Yoy growth in the third quarter printed a strong 5%.

13th November 2017 / Economic policy / Macroeconomic Indicators, Economic Growth

ifo World Economic Climate Indicator Reaches Highest Level Since 2011

The climate improved in nearly all regions of the world. With the exception of the Middle East and Northern Africa, experts across the globe assessed the current economic situation more positively, ifo Institute, Centre for Economic Studies Munich states in their latest report on global economic climate.

7th November 2017 / Economic policy / Macroeconomic Indicators, Economic Growth

WEF Global Gender Gap 2017 report: In terms of gender, economic participation and political empowerment still a challenge in the Czech Republic

Five of the 26 countries in the Eastern Europe amd Central Asia region—Czech Republic, Latvia, Lithuania, Slovak Republic and Slovenia—have fully closed both their Health and Survival and Educational Attainment gender gaps, the only countries except Brazil to do so in the entire Index this year. Still, the Czech Republic ranks 92nd in the Economic Participation and Opportunity subindex and 91st in the Political Empowerment subindex, according to World Economic Forum (WEF) gender gap ranking.