News

Spotlight issue

28th July 2017 / Competitiveness / Business and Industry


Czech Statistical Office: Real estate prices accelerate | KPMG Czech Republic: The gap between the prices of old and new housing in Prague is small compared with some other European cities

"The rapid rise in real estate prices is currently the most significant inflationary phenomenon, or in the last two to three years. The year-on-year increase in these prices reached 12.8% in the first quarter. This has put the Czech Republic to the top position among the EU countries," said chairwoman of the Czech Statistical Office (CSU) Iva Ritschelová. Average annual price growth of appartments in the EU was 4.5% in the first quarter.

26th July 2017 / Competitiveness / Legal Reform and Transparency


Bird & Bird on Smart Cars and Personal Data: "When comparing the progress in autonomous driving technology with the development of the legislation governing such technology, it is apparent that the legislation will soon have to adopt many changes."

A growing trend towards autonomous vehicles is emerging in the automotive industry. However, the full scale deployment of SAE level 5 (completely autonomous) vehicles on roads, legally speaking, is currently not possible due to the limitations set out by the 1968 Vienna Convention on Road Traffic, to which 75 countries, including the Czech Republic, are parties. 

24th July 2017 / Competitiveness / Employment and Social Affairs


ILO: Working anytime, anywhere: The effects on the world of work

Regarding the positive effects of T/ICTM, workers report a reduction in commuting time, greater working time autonomy leading to more flexibility in terms of working time organisation, better overall work–life balance, and higher productivity.  The disadvantages of T/ICTM are the tendency to lead to longer working hours, to create an overlap between paid work and personal life (work–home interference), and to result in work intensification, International Labour Organisation says,

21st July 2017 / Economic policy / Macroeconomic Indicators, Economic Growth


Natixis: The world is getting older − policy needs to be wiser | Czech Government document on pension reform says Czech pension system is sustainable

The Czech Republic improves its ranking from 18th to 16th this year. The country achieves a balanced set of results across all sub-indices and registers its strongest performance in Material Wellbeing (6th).

21st July 2017 / Competitiveness / Digital Agenda


IESE Cities in Motion Index 2016: Prague still tops the Eastern Europe group

In Eastern Europe, the ranking is led by Prague, which also occupies significant positions in the social cohesion and environment dimensions in the overall ranking.

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