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Bertelsmann Stiftung EU Social Justice Index 2017: Education performance has steadily declined in the Czech Republic since 2008
The Czech Republic ranks 4th overall in the 2017 EU Social Justice Index published by the Bertelsmann Stiftung, but challenges remain. "Though the Czech Republic still scores slightly above the EU average, in this year’s survey, experts point out that “Educational outcomes, and the employability of school and higher education graduates are generally good. One problem, however, is the low tertiary education attainment rate. Moreover, education outcomes are strongly influenced by students socioeconomic backgrounds."
GDP deceleration in 3Q17 was less pronounced than the market feared
According to Komercni banka, Czech GDP increased 0.5% qoq in 3Q17 according to the flash estimate of the Czech Statistical Office (CZSO). This represents a significant deceleration after the 2.5% recorded in 2Q. Yoy growth in the third quarter printed a strong 5%.
Eurochambres/HK Economic Survey 2018: Czech businesses mostly concerned about shortage of qualified workforce, labour costs, regulatory burden and economic & political conditions
According to the Czech Economic Chamber (HK), contributor of data for the Czech Republic, the expectation of Czech businesses for 2018 are more optimistic than the rest of Europe. Number one concern is lack of qualified workforce.
ABSL J. Appleton: 'We are working hard to develop other cities like Olomouc, Plzen, Hradec Kralove, Usti.'
The business services sector continues to grow rapidly in the Czech Republic. The number of centres has risen by 10% and the number of employees in this segment has risen by 19% year-on-year. A total of 220 companies providing business services worldwide from the Czech Republic now employ 89,000 people and contribute 5% to the GDP in the Czech Republic, Association of Business Services Leaders (ABSL) says.
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.
