News
Czechs Save for New Housing the Longest in Europe
The availability of housing in the Czech Republic is the worst compared to selected countries in Europe. On average, a new flat amounts to 11.3 multiple of an average annual income. The period is even longer than in Great Britain (9.8) where nominal property prices are by far the highest. The easiest way to new housing is in Belgium (3.7 of annual income). These are the findings presented in the latest Deloitte Property Index 2018.
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Czech Republic Employment Factsheet
The Czech Republic lost 385,000 people of working age due to aging between 2011-2017. Between 2010-2015, a net of 8,000 people emigrated from the country annually . And between 2012-2017, companies increased the number of occupied jobs by 346,000.
IMF: International Corporate Tax Avoidance: A Review of the Channels, Magnitudes, and Blind Spots: A 1 percentage point larger tax rate differential reduces reported pre-tax profits of an affiliate by 1 percent.
According to a recent IMF working paper on tax avoidance, called International Corporate Tax Avoidance: A Review of the Channels, Magnitudes, and Blind Spots, a 1 percentage point larger tax rate differential reduces reported pre-tax profits of an affiliate by 1 percent. The authors believe that this estimate is larger than the consensus so far and the semi-elasticity has increased over time; a value of around 1.5 applies to the most recent years.
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.
