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Spotlight issue

9th October 2020 / Economic policy / Macroeconomic Indicators, Economic Growth


OECD Economic Outlook, Interim Report September 2020

After collapsing in the first half of the year, economic output recovered swiftly following the easing of measures to contain the COVID-19 pandemic and the initial re-opening of businesses. Policymakers reacted rapidly and massively to buffer the initial blow to incomes and jobs. But the pace of recovery has lost momentum over the summer. Restoring confidence will be crucial to how successfully economies can recover, and for this we need to learn to safely live with the virus, OECD report says.

8th October 2020 / Competitiveness / Technology, R&D and Innovation


Despite Coronavirus construction of fibre network continues according to plan

  • In three quarters, almost 40,000 households were covered by high-speed internet
  • By the end of the year, the most advanced fibre network with speeds of up to 1 Gbit / s will be available for more than 30,000 other households

8th October 2020 / Competitiveness / Technology, R&D and Innovation


5 vulnerabilities sparked by the shift to 5G networks

Although there's a lot of buzz around the benefits of 5G, it's also important to highlight vulnerabilities that come along with them

Protecting 5G users begins with protecting 5G networks. The shift to 5G will include a complete change in our current networks from classical hardware networks to virtual, software-defined networks.

8th October 2020 / Competitiveness / Health Care


Biontech and Pfizer initiate rolling submission to European medicines agency for SARS-COV-2 vaccine candidate BNT162b2

  • Rolling review accepted by the EMA based on available preclinical and clinical data for BNT162b2 to date
  • BioNTech and Pfizer will continue regular and open dialogue with the EMA providing results from their ongoing Phase 3 study

 

7th October 2020 / Economic policy / Macroeconomic Indicators, Economic Growth


Another blow for Czech industry as the automotive sector slumps

Czech industrial production fell by 0.9% month-on-month and the year-on-year decline slightly increased to -5.5%, mainly due to weaker production in the automotive sector. Since the start of the year, Czech industry has dropped by 12%

Strategic Directions for Czech Economic Policy

  1. Transition to High-Tech Manufacturing and Exports
  2. The City Campus as Idea Factory
  3. Government Programs and Processes That Drive Innovation
  4. 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.

Members of the American Chamber of Commerce in the Czech Republic