News
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ING Bank: Czech National Bank in Hiking Mode
As expected, the CNB delivered a 25bp hike on 26 September. However, the market already had high expectations (one additional hike this year and two more next year). As such, today’s press conference in which Governor Rusnok was non-committal disappointed slightly.
Czech Republic Placed 26th in the Social Progress Index, Obtaining More Points but Slipping in the Ranking
The Czech Republic took 26th place in the international Social Progress Index 2018. The annual ranking is prepared by the non-profit organisation Social Progress Imperative together with Deloitte, using data on social and economic developments and the environment.
OECD Education at a Glance: Czech Republic: Gender pay gap among the highest, spending per student from primary to tertiary level among the lowest in OECD
The most recent OECD Education at a Glance report finds that in the Czech Republic, gender pay gap is among the highest and spending per student from primary to tertiary level is among the lowest in OECD. 93% of tertiary-educated men are employed, compared with 71% of tertiary-educated women. In 2016, 35-44 year-old women with a tertiary education earned 66% of what their male counterparts earned.
Digital Transformation in Financial Services
The financial services sector is at a pivotal point in its evolution. Disruption, new business models, FinTechs, payments, cryptocurrency, cyberthreats, greater collaboration and data legislation are all transforming the sector - and regulators are scrambling to keep up.
The sector has made great strides towards digital transformation, but there are still barriers to innovation. How do industry insiders see financial services evolving: which will be the real game-changers, how will the industry transform over the next few years and are institutions and regulators keeping pace?
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Asking the right questions to define government’s role in cybersecurity
There is no one-size-fits-all approach for governments to manage cybersecurity. But asking some key questions can help leaders get started.
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.