News
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AmCham EU/Center for Transatlantic Relations: The Transatlantic Economy 2017: US FDI in Czech Rep decline, affiliate employment grows
U.S. foreign direct investment in the Czech Republic has more than doubled over the past ten years to $5.8 billion in 2015, but declined from $7.2 billion in 2014.Estimated affiliate employment in the Czech Republic is among the highest in eastern Europe, with American firms employing an estimated 95,013 workers in 2015, 6,000 more than the year before. The Czech Republic has 1.2% share of European app economy jobs (19,700 app economy jobs), the 2017 Transatlantic Economy report says.
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MEP M.Schaake on transatlantic relations: We have come a long way, and should not fall into a trap of viewing the situation in oversimplified terms
The transatlantic relation will be more horizontal, based not as much on government to government relations, but rather on connections between companies, civil society and citizens that are likeminded.
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Presentations from Real Estate Market Outlook 2017
How can you use real estate to create competitive advantage for your business? What is the current state of the real estate market in Prague and in the Czech Republic? What are its threats and opportunities?
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Czech TV/Radio Praha: Czech Republic: Up to 80% of average net income goes to paying rent | JLL, CBRE on Millenials & housing, shopping (updated)
Monthly rent costs Czechs as much as 80 percent of their monthly net salary, according to Czech TV; the public broadcaster cited numbers from Numbeo.com. In neighbouring Poland and Slovakia, renters have to set aside even more.
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AmCham CZ: Since the government does not set performance objectives beyond total expenditure for public procurement, it is difficult to assess whether or not the spending has made the country more competitive
Since the government does not set performance objectives beyond total expenditure for public procurement, it is difficult to assess whether or not the spending has made the country more competitive or spread prosperity through better government services. One thing seems clear, however. The goal of creating more public trust needs more work.
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.