News
AmCham CZ Future of Energy debate: Share of hybrid & electric vehicles will likely reach about 35% of the EU fleet by 2040, according to ExxonMobil‘s Outlook
There will be 9.2bn people on the planet by 2040, with expanded purchasing power, contributing to about a 25% energy demand rise and 10% growth in energy-related CO2 emissions. Growth will be concentrated in developing countries. About 5.5bn of people will reach the middle class, mostly in the Asia-Pacific region, according to ExxonMobil’s 2018 Outlook for Energy.
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The newly prepared Code of Civil Justice in the Czech Republic
The Czech Code of Civil Justice currently in force was passed in 1963, at a time of wildly different social and political circumstances. Many shortcomings have since been successfully removed from the law, but it continues to suffer from the excessive complexity, inconsistencies, and often a lack of clarity of individual provisions.
Inflation dropped to this year’s minimum in March
March’s inflation decelerated by a tick in line with our expectations and is currently half of a percentage point below the CNB forecast. The reason is mainly lower food price dynamics as well as a drop in fuel prices. Although the unemployment statistics indicate a record tightness on the labour market, core inflation decelerated slightly. Year-on-year inflation dropped to this year’s low and should reach the 2% CNB target this summer.
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.
