News
ING Bank Czech Republic: Data diverges on base effects
Industry accelerated by 3.4% year-on-year and surprised on the upside while retail sales grew less than expected at just 2%. Both figures were affected by base effects
Fitch Upgrades Czech Republic to 'AA-'; Outlook Stable
Fitch Ratings has upgraded Czech Republic's Long-Term Foreign-Currency Issuer Default Rating (IDR) to 'AA-'from 'A+'. The Outlook is Stable.
Dismissing employees in the Czech Republic is one of the most difficult in Europe
In the Czech Republic, rules for dismissing employees are among the strictest in Europe. For example, it is almost impossible to part ways with an employee who just does not fit in the team. With costs related to an employee dismissal for organisational reasons, the Czech Republic ranks fourteen. Those are the findings of the fourth edition of the Deloitte International Dismissal Survey, which compares the situation in 46 countries in Europe, South America and Southeast Asia.
InterNations.org Expat Insider 2017: Czech Republic ranks first in Working Abroad Index
Expats working in the Czech Republic have everything they could ever want in terms of working abroad. The country comes 1st out of 65 destinations in the Working Abroad Index, and expats are particularly satisfied with their job and career, as well as work-life balance. An Australian working in the Czech Republic says: “My working conditions are excellent here. My employer offers me a lot of benefits, including more vacation days and good healthcare.”
Golden Age index: How well are the OECD economies harnessing the power of an older workforce?
This year's update of the Golden Age Index shows that the OECD has continued its gradual progress towards greater engagement of older people in the workforce. Iceland, New Zealand, Israel, Estonia and Sweden continue to lead the OECD, taking top positions on the index.
We explore the potential boost to OECD GDP from raising employment rates of older workers to New Zealand levels, finding that the OECD could experience a long-term gain of around $3.5 trillion and the UK around £180 billion.
View the key findings for highlights from our research and explore the results further using our interactive data tool. We provide more detailed analysis and commentary in the full report, which you can download below.
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.