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.

Spotlight issue

19th March 2020 / Economic policy / Employment and Social Affairs


AmCham Comments on Government Programs to prevent unemployment from temporary, severe loss of revenue caused by the coronavirus

Our view is that the strict containment measures adopted by the Czech Republic are necessary not only to contain the spread of disease in order to prevent a breakdown in the healthcare system and consequent greater loss of life, but also to avoid the longterm economic damage a significant outbreak could cause. Therefore, we propose the government pursue immediate economic measures that will mitigate the damage of virus and its containment and then prepare regulatory changes that can make recovery swifter and more sustainable. 1) Pass some form of the Ministry of Social Affairs proposal by March 20. 2) Consider introducing renewable time limits and a salary cap for government contributions. 3) Consider moving from a kurzarbeit-style program to direct company payments if the containment period lasts more than a month.
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18th March 2020 / Economic policy / Macroeconomic Indicators, Economic Growth


IMF: Policy Action for a Healthy Global Economy

While quarantining and social distancing is the right prescription to combat COVID-19’s public health impact, the exact opposite is needed when it comes to securing the global economy. Constant contact and close coordination are the best medicine to ensure that the economic pain inflicted by the virus is relatively short-lived.
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25th February 2020 / Economic policy / Employment and Social Affairs


The first 2020 Workforce Report shows demographic and internal migration trends strengthening

AmCham's series of workforce reports are constructed to help businesses plan investment. The reports are structured to track local trends and compare them to other countries in the EU. This helps companies understand the comparative value delivered by the Czech Republic's top asset: its workforce.   
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Members of the American Chamber of Commerce in the Czech Republic