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Election 2020 Tracking the top policy issues at play and their business impact
Post-election policy outlook: With change in the White House, what’s changing for US companies?
With Democrat Joe Biden projected to become the 46th US president, much of the election uncertainty has started to recede, improving business leaders’ optimism. News of COVID-19 vaccine breakthroughs has added to that sentiment, and more than 40% of senior executives surveyed by PwC say they’re more upbeat about business prospects in 2021 than they were before the election. Expectations that aspects of the Biden agenda will likely be moderated by a Republican or closely-divided Senate is also likely reassuring for business.
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After a strong 6.9% recovery in 3Q, Czech GDP should fall again at year-end
The CZSO's refined estimate of Czech GDP published today brought a significant revision of the advance figures announced at the end of October. In the third quarter, the Czech economy grew by 6.9% qoq, which is 0.7pp more than originally estimated by the statistical office. The year-on-year decline thus eased from -10.9% in 2Q to -5.0%.
The COVID Vaccine and Thoughts for Global Employers
People all across the globe are experiencing the highs and lows of the current pandemic. Hopes are raised in different parts of our world that the situation is coming under control, only for them to be dashed yet again, with progress made turning into disappointment as we find ourselves hit by another yet more aggressive wave. To say that the imminent availability of a life-saving vaccine is a matter of hope is a massive understatement!
MAZARS REPORT: Economy and Financial Markets 12/2020
Dear readers,
We would like to take this opportunity to send you the third issue of "MAZARS REPORT: Economy and Financial Markets”, in which we follow the developments on the international and local markets for you on a quarterly basis. You will learn the latest information about current stock developments, exchange rates, interest rates and commodities. Thanks to the review, you will get oriented in the developments of GDP, inflation and in other key macroeconomic data and indicators.
Thanks to the review, you will get oriented in the developments of GDP, inflation and in other key macroeconomic data and indicators.
We are sure that this review will become a useful guide for you through the currently unstable economic developments and perhaps help you minimise the risks connected with the effects of the Covid-19 pandemic on the worldwide economy.
We wish you a pleasant reading.
Yours Mazars
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.
