News
ING Bank: Czech Republic: Hike is a done deal, but rates forecast to be dovish
The February hike is a done deal following the recent CNB communication. However, the dovish tilt may come from the CNB interest rate forecast, which is likely to signal only two hikes in 2018, ING Bank says.
Economic outlook: 2018: Richer households, stronger koruna
Czech economy maintains its strong momentum We have once again revised our growth outlook upwards. The Czech economy is riding the wave of recovery of its main European trading partners and investment activity has been strengthening. Moreover, capital expenditures will be supported by EU fund inflows.
ISPV/Trexima/ČSÚ: Recent data on median & average wages, labor costs per employee
In 3Q 2017, the biggest difference between median and average was recorded in the private sector in the banking and insurance sector, where the gap reached CZK 11,652 per month. There are professions in the information and communication sector where the monthly average wage was 10,012 CZK higher than the median wage, says Trexima, based on data in the Information System on Average Income ISPV that includes data on median wages.
Now for the next 100 years
AmCham members and Czech government officials convened at the US Residence to welcome US Ambassador Stephen B. King to the country and into the business community. 2018 marks one hundred years since the founding of Czechoslovakia, and the country now may be living at the highest point of prosperity and security in that century of struggle and triumph.
Euractiv.cz: Analyst: Euroscepticism among Czechs will stay, even with new president
The roots of Euroscepticism among the Czechs go back 10 or 15 years and if Jiří Drahoš defeats the incumbent President Miloš Zeman in a runoff vote on 26-27 January, he will struggle to reverse the trend, political analyst Lubomír Kopeček told EURACTIV.
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.