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
OECD: Why teaching matters more than ever before
OECD published an article by Stavros Yiannouka, CEO, WISE – World Innovation Summit for Education and Andreas Schleicher, Director, OECD Directorate for Education and Skills: "Imagine the power of an education system that could meaningfully share all of the expertise and experience of its educators using digital technology. What if we could get our teachers working on curated crowd-sourcing of educational practice, wouldn’t that be so much more powerful than things like performance-related pay as an approach to professional growth and development?"
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AmCham CZ Research: Manufacturing Workforce Trends
Manufacturing companies in the Czech regions are in a tough competition with Prague for talent, and the drop in working age population is putting pressure on the ability to deliver, as well as salaries.
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Time for Higher Interests Rates
Is it overheating or not? The talk is about the Czech economy. Judging by the development of consumer prices (and their) forecast, it does not appear to do so. But the labour market and apartment prices tell a different story. It is apparently about time that the economic policy take its foot off the pedal and start putting the brakes on. Limited reliance can be usually placed on fiscal policy, namely in the year when elections are to be held. So only the central bank remains. And it decided to intervene in early August, increasing interest rates for the first time since 2008.
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