News

Spotlight issue

13th June 2018 / Economic policy / Macroeconomic Indicators, Economic Growth


Strong inflation increases the probability of an earlier hike

In May, inflation accelerated and returned above the CNB’s 2% target. The price level increased due to food being more expensive. Core inflation also recorded sound dynamics and fuel prices significantly contributed to overall price growth as they followed oil price development on global markets. The koruna depreciated amid the risk-off mood of May and joined the pro-inflationary pressures. Today’s statistics contribute to the picture of an earlier rate hike. We still count on November, but the probability of a rate increase in August is rising, Komerční banka says.  

13th June 2018 / Competitiveness / Tax & Finance


Global family business tax monitor

For business families planning to transfer their business from one generation to the next, the tax costs can vary widely, depending on where the business is located. Some countries offer substantial tax breaks to help family businesses succeed and grow in the hands of the next generation. Other countries tax transfers within families the same as any other transaction, creating significant costs.

13th June 2018 / Competitiveness / Employment and Social Affairs


ManpowerGroup Employment Outlook Survey for Q3 2018: Czech employers report encouraging signs for job seekers

Czech employers anticipate a slight increase in staffing levels during 3Q 2018, reporting a seasonally adjusted Net Employment Outlook of +4%. Hiring prospects improve by 2 and 4 percentage points from 2Q 2018 and 3Q 2017, respectively.

13th June 2018 / Competitiveness / Technology, R&D and Innovation


brnoregion.com: Red Hat presents Brno as an example for the whole world

Software giant Red Hat launched its Brno subsidiary in 2006. At that time, it was manned by just a couple of people and its office wasn’t larger than a flat. Today this company employs more than 1,000 people in Czechia, also thanks to cooperation with the Faculty of informatics at the Masaryk University.

13th June 2018 / Economic policy / Health Care


Invitation: Healthcare 2.0: How do UK economists view Czech health care?

Healthcare 2.0 initiative invites to a panel discussion, which will take place on Wednesday, June 20, 2018 at 3 pm in the NHÚ AV ČR building, Politických vězňů 7, Praha 1, 2nd floor, room no. 7. 

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