Economic policy / Trade and Investment
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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Economic Outlook: Investment strikes back
Czech economy accelerates: The Czech economy has entered the late expansion phase and GDP growth is accelerating. We expect it to reach its second-fastest pace of the last ten years. Although we see a minor slowdown next year, the expected investment boom should ensure a still decent level of growth.
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W.Stacey, AmCham CZ: "The first thing we need to do is realize that the US and the EU need to make sure that they remain calm."
"If I could give one piece of advice to Czech exporters, I would say vote for the parties in the election that support the European Union," Weston Stacey, Executive Director of the American Chamber of Commerce in the Czech Republic, says in an interview for investicniweb.cz.
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AmCham EU/Center for Transatlantic Relations: The Transatlantic Economy 2017: US FDI in Czech Rep decline, affiliate employment grows
U.S. foreign direct investment in the Czech Republic has more than doubled over the past ten years to $5.8 billion in 2015, but declined from $7.2 billion in 2014.Estimated affiliate employment in the Czech Republic is among the highest in eastern Europe, with American firms employing an estimated 95,013 workers in 2015, 6,000 more than the year before. The Czech Republic has 1.2% share of European app economy jobs (19,700 app economy jobs), the 2017 Transatlantic Economy report says.
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