News
Russian and Belarusian sanctions updates
Following the invasion of Ukraine by Russia, the UK, EU and US have all responded by announcing significant sanctions in respect of Russia and Belarus.
This briefing summarises the key developments from 28 February 2023.
AmCham Statement on the Construction Act
We write on behalf of AmCham’s Real Estate Council to advocate a wider reform of land use policy, and to state our view that the proposal currently debated in the Chamber of Deputies will not achieve the changes necessary to achieve a leading innovative economy in Europe, and will place the country at a competitive disadvantage to Poland and Slovakia- particular after Slovakia’s digitization of their process and adoption of a new policy aimed at increasing investment into affordable housing.
Prices will not return before the inflationary wave. We have ourselves to blame, says the head of Linet
He was one of the first to warn in the spring of 2021 that we were in for a significant rise in the prices of goods and services. He was right: we are facing high inflation and there is no end in sight. Tomas Kolar, CEO of LINET, now reveals other important trends from behind the scenes of the industry. Soon, they will affect us all.
AmChamIntel looked into possible path of inflation and Czech koruna, and the root causes of today’s volatility
Yesterday, a group of business executives joined Jaromír Šindel of Citibank, Martin Skřehota of Carrier, and Robert Grader of
Marriott Hotels to discuss possible path of inflation and Czech koruna, and the root causes of today’s volatility at our AmChamIntel session.
How Will Europe Respond to the U.S. Inflation Reduction Act?
EU leaders searching for a response to the U.S. Inflation Reduction Act are grappling with how to match foreign investment incentives while fearing potential relocations. Citi Research explores Europe’s options.
The U.S. Inflation Reduction Act sets out plans for $369 billion in subsidies for green industry and energy over a decade, many of which discriminate against foreign producers. The EU is expected to respond to the IRA, but what options are available to it? In a new Citi Research report, a team of economists, strategists and analysts explore that question.
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.