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Spotlight issue

16th November 2017 / Competitiveness / Employment and Social Affairs


Minimal Salary

 
Mentioning the issue of a minimal salary is like lighting a fuse – and not only among economists. A simple textbook labour market model says that a minimal salary may lead to involuntary unemployment if it is set too high. Nevertheless, in reality, the labour supply and demand curves are not straight lines. Empirical studies about the effects of a minimal salary on unemployment do not yield clear results. In a situation where a certain sector is dominated by a single employer (a local monopsony), the negotiating terms between the employer and job applicants are unequal and a minimal salary is a response to the situation.

15th November 2017 / Competitiveness / Employment and Social Affairs


CPL Jobs Salary Survey 2017 CZ & SK

Do you want to have a good overview of salaries in Prague, Brno and Bratislava? Read CPL Salary Survey 2017 which is focused on the fields of Finance & Accounting / Procurement, Supply Chain & Logistics / IT / Engineering / HR & Office Administration.

 

15th November 2017 / Competitiveness / Business and Industry


Sharing economy in the Czech Republic has a potential of up to CZK 60 billion

The volume of the sharing economy in the Czech Republic could reach 1.19% of GDP, i.e. CZK 59.9 billion, as follows from Deloitte’s latest study of the sharing economy in the Czech Republic. Its highest potential is in the sectors of transportation, accommodation and finance. Deloitte’s analysts estimate that at present the volume of the sharing economy is thirty times smaller. The country with the most developed sharing economy in Europe is the United Kingdom.

13th November 2017 / Economic policy / Macroeconomic Indicators, Economic Growth


ifo World Economic Climate Indicator Reaches Highest Level Since 2011

The climate improved in nearly all regions of the world. With the exception of the Middle East and Northern Africa, experts across the globe assessed the current economic situation more positively, ifo Institute, Centre for Economic Studies Munich states in their latest report on global economic climate.

13th November 2017 / Competitiveness / Technology, R&D and Innovation


CEITEC: Scientists from CEITEC BUT are for the first time in the history of the Czech Republic coordinators of the prestigious FET Open project

Highly original, visionary, essential for society's needs and development. These are the conditions which must be met by the project submitted to the prestigious Future Emerging Technology (FET) research project contest. The team from CEITEC BUT (Brno University of Technology) not only succeeded, but also for the first time in Czech history will be project coordinators. With budget 2.89 EUR they will focus on the unique innovation of electron paramagnetic resonance.

Strategic Directions for Czech Economic Policy

  1. Transition to High-Tech Manufacturing and Exports
  2. The City Campus as Idea Factory
  3. Government Programs and Processes That Drive Innovation
  4. 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.

Members of the American Chamber of Commerce in the Czech Republic