News

Spotlight issue

24th April 2018 / Economic policy / Macroeconomic Indicators, Economic Growth


IMF: World Economic Outlook, April 2018: Cyclical Upswing, Structural Change

The IMF new World Economic Outlook report projects that advanced economies as a group will continue to expand above their potential growth rates this year and next before decelerating, while growth in emerging market and developing economies will rise before leveling off. For most countries, current favorable growth rates will not last.

24th April 2018 / Good governance / Legal Reform and Transparency


The Constitutional Court’s ruling on electronic sales records is the Act of the Year

The winner of the ninth annual Act of the Year survey is the initiative for more prudent regulation of business, i.e. the ruling of the Constitutional court on electronic sales records (“EET”). The expert public’s votes ranked the Payment System Act implementing PSD2 second and the amendment to the Construction Act third. In this survey organised by Deloitte Legal, hundreds of entrepreneurs chose from five nominated legislative acts having a positive impact on business.

24th April 2018 / Competitiveness / Transport, Infrastructure and Tourism


TravelBird: Green Cities Index: Prague ranks 6th among 50 cities

TravelBird's Green Cities Index recognises the cities currently making large efforts to be sustainable by preserving ecological areas, as well as those increasing their man-made green locations. It analysed city maps from across the world, and is the ultimate guide for nature lovers and environmentally-minded travellers alike. Prague ranks 6th, Vienna 17th in the overall ranking.

23rd April 2018 / Economic policy / Trade and Investment


Modern Economic Diplomacy newsletter

The newest issue of Modern Economic Diplomacy, a newsletter published by the Czech Ministry of Foreign Affairs, includes an interview with Jim Schellinger, the Secretary of Commerce for the state of Indiana.

22nd April 2018 / Competitiveness / Energy and Environment


Eurostat: Czech Republic's energy dependency rate was 32.8% in 2016, 6th best result in EU

In 2016, Estonia (6.8%) was the Member State least dependent on imported energy, ahead of Denmark (13.9%), Romania (22.3%), Poland (30.3%), Sweden (31.9%) and the Czech Republic (32.8%). At the opposite end of the scale, the highest energy dependence rates were registered in Malta (slightly over 100% because of the build-up of stock), Cyprus (96.2%) and Luxembourg (96.1%), followed by Italy (77.5%), Lithuania (77.4%) and Belgium (76.0%).

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