News
Slower inflation will not discourage the CNB from raising rates
The decline in car production indicates a slight month-on-month decline in industrial production in May. In the same month, on the other hand, due to the easing of epidemic measures, we expect an accelerated expansion of retail sales. In the case of consumer prices in June, we expect an acceleration in month-on-month growth after an unexpectedly small increase in May. However, the effect of last year's higher base effect should lead to a further decline in the annual inflation rate slightly below the CNB forecast. Such a development should not discourage the intention to continue raising interest rates.
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HR Legal Alert - “Kurzarbeit” approval
- Extension of the Antivirus A program until 30 June 2021
- Obligation to wear respiratory protection in the workplace
- Measured connected to the border crossing
- Restrictions concerning the entry to the workplace
- The end of the mandatory testing
Digitizing Czechia: Outlining ways forward
Last week, government representatives and AmCham experts discussed how the pandemic served as the necessity that forced both government and companies to invent new and better ways to work - and how digitization was a primary tool in that reconstruction. In cooperation with the Institute for Politics and Society, we covered the waterfront on digitization: from healthcare to mobile office to 5G to cloud computing to manufacturing to education. Much has been done and much more needs to be done.
Strategic Directions for Czech Economic Policy
- Transition to High-Tech Manufacturing and Exports
- The City Campus as Idea Factory
- Government Programs and Processes That Drive Innovation
- Government as a Competitive Advantage, including Digitization
Advocacy Priorities for 2023
Technology, People, Infrastructure
Actions Recommended in Areas:
1. Establishing Policy Objectives for Research.
2. Research Investment and Cooperation. Big Bets (Key Technology Projects).
3. Establishing Databases for Tracking Public Policy Outcomes.
4. Public Procurement as an Innovation Tool.
5. Immigration of STEM Talents.
6. Digitization of Immigration.
7. Adult Reskilling and Upskilling.
8. Digitization of Land Use.
9. Infrastructure Development, including Technology Parks.
Read the documents in English and Czech.
Policy pipeline
In Policy Pipeline policy developments in the Czech Republic and abroad are monitored to bring better understanding of current topics and trends.
