News
EU lawmakers draw up plans for human-centric AI framework
Substantial insights have emerged in recent weeks regarding what to expect from a forthcoming European Artificial Intelligence (AI) legislative proposal, due to be presented by the European Commission in early 2021.
The latest discussions confirmed that the regulation of this new technology relies on closely interlinked legislative initiatives, ranging from the new EU Data Strategy and the creation of a Single Data Market to the Commission's Green Deal plan to address climate and environmental challenges. The final objective is to ensure a sustainable digital economy and achieve the ambition of making the European AI regulatory framework a model for the rest of the world.
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Czech Republic: Better than expected recovery in 3Q
The Czech statistical office has released a preliminary estimate of 3Q GDP growth, which came in at 6.2% QoQ after an 8.7% fall in the second quarter. Markets expected weaker growth at around 5%, so a somewhat positive surprise. The second-wave of the Covid-19 pandemic will move the Czech economy to contract again in 4Q.
Impact of Tourists on the Economy - AmCham Hospitality Recovery Proposal
International tourism contributes more to the country’s economy than is revealed in national statistics. Not only do tourists serve an “export” role by spending income earned abroad at Czech hotels and in other industries designated as the tourist sector, but tourists also support the restaurant, retail, culture, banking (through withdrawal fees), telecommunication, and transport industries. National and city assessments of the economy do not assess this impact. We estimate, conservatively, that tourists contribute CZK 11,189 per night spent in Prague.
AmCham Real Estate Council - survey
AmCham Real Estate Council survey aims to assess business community's view of trends in the residential market and to examine differences in the views of real estate professionals and other business people. Have your say included & get results!
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.
