Good governance
This section details initiatives to make government a competitive advantage. It includes analysis and reports of government initiatives, as well as data on accountability and performance measures.
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Spotlight issue
PwC: Global Economic Crime and Fraud Survey 2018 – Czech results: Only 30% of survey respondents use modern technologies to combat fraud
In comparison with our previous Surveys, it appears as if incidents of fraud at the Czech respondents were decreasing. 33% this year, compared to 35% in 2016 and 48% in 2014. This is contradicting the CEE and global results that show incidents of fraud reported by the respondents have risen from 33% and 36% in 2016 to 47% and 49% in 2018, respectively.
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The end of investment arbitrations against the Czech Republic?
On 6 March 2018, the Court of Justice of the European Union (CJEU) ruled that the arbitration clause contained in the Agreement on the Promotion and Reciprocal Protection of Investments concluded between the Czech and Slovak Federative Republic and the Kingdom of the Netherlands is incompatible with European Union law, i.e. that the arbitration clause is inapplicable.
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Michal Nebeský: AmCham is not here to create democracy, but we are here to support it
One hundred years after the founding of the Czech state, its economic and geopolitical situation has never been as successful or certain as it is today. We all should be concerned about the global threat to democracy, and each of us need to remember that voting is our right, but participating in the political life of the country our responsibility. AmCham will continue to pursue its economic agenda in ways that support democratic consensus, and plans to focus again on procurement as way to improve economic competitiveness and strengthening public trust.
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