News
Second wave of emergency carer’s allowance
As in the spring, the government has responded to the second wave of the pandemic by taking steps to financially support both employers and employees, as well as the self-employed. Among other things, the measures adopted include an ‘emergency’ carer’s allowance, introduced at the end of October by the new Act on Changes in Providing Carers’ Allowances in Connection with Emergency Measures in the Event of an Epidemic. Compared to the spring, several changes has been made to the present emergency carer’s allowance.
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Czech wages surprise on the upside in the third quarter
Average wages accelerated by 5% in the third quarter after growing by just 0.6% in the previous quarter due to the Covid lockdown. Though a better than expected figure, a statistical effect may have played a role and optimism is fading amid a second wave of Covid-19
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.
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%.
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.
