News
CNB to sound dovish amid weaker inflation readings
The CNB forecast released in early January met with disappointment in the markets which expected the swift normalisation of monetary policy to continue. CNB expects only one hike at the very end of the year with CZK set to appreciate rapidly as early as the second quarter. We do not expect a rate hike to be announced at Thursday’s meeting. The risks to the forecast are likely to be assessed as balanced or even slightly negative, as the figures from the real economy slightly disappointed and current inflation eased more than expected. Only CZK refuses to appreciate and thus represents a pro-inflationary risk. We expect inflation to recover on the back of strong economic conditions and CNB to hike twice in the second half of the year.
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Grayling Czech Political Digest March 2018
Over three months have passed since Andrej Babiš was appointed as the new prime minister (PM) following the parliamentary elections in autumn 2017, yet the Czech Republic still has no clear coalition or majority government. What is more, while the current government, having resigned, only plays a caretaker role, Mr Babiš continues to make some significant changes in the public sector, despite the clamouring of the opposition parties.
vbw: The importance of the German economy for Europe - study
Germany is criticized for its high current account surpluses: the export successes of the German economy were at the expense of the other EU states. Our study shows that this criticism is completely unjustified. On the contrary, a strong German economy creates added value and employment in Europe.
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.
