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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Citi Central Europe Economics View: We believe that a more efficient way to raise economic growth in the medium term would be via structural reforms | Global Economic Forecast
Citi Central Europe Economics View shows that the risk of a significant slowdown in the long term is lowest in Czech Republic, while highest in Croatia or Bulgaria. In the near term they see a risk is that policymakers may not realize the slowdown is structural. If the authorities misinterpret the data and treat economic weakness in the region as a consequence of cyclical forces, the policy response may be incorrect and ineffective.
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European Semester: Czech Republic: Public procurement indicators reveal significant inefficiencies and challenges | EC Economic Forecast
Economic growth in the Czech Republic remains robust, despite a slowdown in 2016. Pension and healthcare expenditure poses a risk to the long-term sustainability of public finances and public procurement indicators reveal significant inefficiencies and challenges. Overall, the Czech Republic has made some progress in addressing the 2016 country-specific recommendations, European Semester report says.
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Czech Workforce Report 5: Employment & median wage by occupation in the Ústecký region for the period 2011-2015
According to AmCham Czech Workforce Report 5, the number of technicians in the Ústecký region exceeds the number of plant, machine operators / assemblers. Managers number fell in both sectors. Median wage growth in the private sector ranged from 7% to 11%, except for managers (-0.3%).
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