News
The end of investment arbitrations against the Czech Republic?
On 6 March 2018, the Court of Justice of the European Union (CJEU) ruled that the arbitration clause contained in the Agreement on the Promotion and Reciprocal Protection of Investments concluded between the Czech and Slovak Federative Republic and the Kingdom of the Netherlands is incompatible with European Union law, i.e. that the arbitration clause is inapplicable.
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Michal Nebeský: AmCham is not here to create democracy, but we are here to support it
One hundred years after the founding of the Czech state, its economic and geopolitical situation has never been as successful or certain as it is today. We all should be concerned about the global threat to democracy, and each of us need to remember that voting is our right, but participating in the political life of the country our responsibility. AmCham will continue to pursue its economic agenda in ways that support democratic consensus, and plans to focus again on procurement as way to improve economic competitiveness and strengthening public trust.
Weston Stacey: A lot of people in America have underestimated Trump
An article of E15 published on March 12 on steel and aluminum tarrifs (in Czech language).
Last Thursday, the Trump administration announced its plan to place tariffs on steel and aluminum imports. The tariffs are intended to raise the production in US steel and aluminum plants to 80%, which is considered the minimum output necessary for survival. If the tariffs take effect, the EU has declared it will place reciprocal tariffs on US products of similar export value. The issue underneath the tariff decision- global overcapacity- is real, but imposing global tariffs does not appear to help solve the problem. An internationally coordinated response using targeted tariffs or quotas might be the best way to keep the economic and geopolitical damage to the minimum.
Radio Praha: Mixed expectations for Czech President's second term - interview
The 73-year-old veteran politician has largely been out of the spotlight since his narrow win against second round presidential challenger Jiří Drahoš almost six weeks ago. But the presidential oath taken before a joint session of both house of the Czech parliament in the magnificent Vladislav hall at Prague Castle – used for events for more than 500 years - puts Zeman back there again, Radio Praha writes.
Financing SMEs and Entrepreneurs 2018: An OECD Scoreboard
Acccording to Financing SMEs and Entrepreneurs 2018: An OECD Scoreboard, in 2016, there were roughly 1.1 mil. active enterprises in the Czech Republic. 99.8% of these firms were SMEs with less than 250 employees each. Together, they employed almost 1.8 mil. people or 58.4% of the Czech Republic's workforce. Micro-firms dominated the business landscape, comprising 96.3% of all SMEs in 2015.
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.
