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Economic Outlook: Investment strikes back
Czech economy accelerates: The Czech economy has entered the late expansion phase and GDP growth is accelerating. We expect it to reach its second-fastest pace of the last ten years. Although we see a minor slowdown next year, the expected investment boom should ensure a still decent level of growth.
czech-research.com: Materials sciences for a better future
New materials are already being used in medicine, construction, power generation, electrical engineering and the automotive industry. The Czech Republic takes research in this area seriously and is investing in it.
Eurostat: Czech employment in industry highest, in public sector third lowest in the EU
In 2016, industry was the main employer in the Czech Republic (29.0%). Employment in the Czech Republic in the Public administration, defence, education, human health and social work activities was the third lowest in the EU, according to Eurostat data.
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.
