News
WEF Global Competitiveness Index: Czech Republic remains 31st most competitive economy, should improve skills of future workforce
The Czech Republic ranks 31st in the Global Competitiveness Report 2016–2017 ranking, the same result as in the 2015-2016 ranking (although the country's scores were 4.72 and 4.69 in 2016 and 2015, respectively). The report assesses the competitiveness landscape of 138 economies, providing insight into the drivers of their productivity and prosperity.
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Radio Praha: More and more Czech firms selling wares through e-commerce giants
Czech companies are beginning to sell products through major internet retailers like Amazon or China’s Alibaba. According to Czech Radio, domestic companies selling through international e-commerce retailers now number in the dozens
Tax Policy Reforms in OECD: Czech tax-to-GDP ratio increases between 2010 and 2014 | Summary of tax reforms
Recently published OECD report Tax Policy Reforms in the OECD provides overview of tax reforms that were implemented, legislated or announced in 2015, as well as common tax policy trends.
Grayling: Almost 40% of Czech Parliament members are on candidate lists in regional elections | Czech Radio: interviews, infographic
Almost 40% of members of the Czech Parliament (86 members of the Chamber of Deputies, the Lower Chamber of the Parliament, and 26 members of the Senate, the Upper Chamber) will compete in the upcoming regional elections that will be held on 7 and 8 October 2016. Listen to interviews with candidates, view infographic.
Copenhagen Economics/European Commission: Towards a Foreign Direct Investment(FDI) - Attractiveness Scoreboard: Czech innovation capacity decreased
The European Commission (DG Growth) has asked Copenhagen Economics to identify the main drivers of FDI into the EU and construct an FDI Attractiveness Scoreboard that can be used to benchmark individual countries on their attractiveness. Foreign investors chose the Czech Republic due to relatively low wage costs, well-educated, English-speaking labour force, cultural similarities with Western Europe, good digital infrastructure and political stability, the report shows, but the country could improve its innovation capacity, among others.
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.
