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Spotlight issue

24th July 2016 / Competitiveness / Employment and Social Affairs


OECD 2016 Employment Outlook: After crisis hourly real wage in Czech Republic more than 25% below where it could have been

According to the 2016 OECD Employment Outlook published in July 2016, real wages fell sharply during the crisis in Greece, Ireland, Japan, Portugal, Spain, and the Baltic States. Comparing real wage growth during 2000-07 with 2008-15, a number of other countries, including the Czech Republic, Estonia, Latvia, and the United Kingdom, experienced a sharp deceleration.

21st July 2016 / Competitiveness / Employment and Social Affairs


2016 Social Progress Index: Czech Republic ranks 22nd, gets high scores for water & sanitation, access to basic knowledge, personal freedom & choice

According to the 2016 Social Progress Index, in the Basic Human Needs Dimension, Czech Republic performs best on Water and Sanitation and has most opportunity to improve on the Shelter component. In the Foundations of Wellbeing Dimension, Czech Republic scores highest on Access to Basic Knowledge but lags on the Health and Wellness component. In the Opportunity Dimension, Czech Republic is strongest on Personal Freedom and Choice and has the most room to improve on Tolerance and Inclusion.

20th July 2016 / Economic policy / Education


OECD's Tracey Burns: A Brave New World: The New Frontiers of Technology and Education

The key is adaptability. Worries about decreasing attention spans, digital withdrawal disorder and “fear of missing out” syndrome illustrate the shifting landscape of the future. Advances in biotechnology and smart drugs will continue to raise difficult technical and ethical questions as well as provide new opportunities. All of these issues need to be part of a long-term strategy to help education keep pace with modern society, OECD's Tracey Burns, Project Leader, Directorate for Education and Skills writes.

20th July 2016 / Competitiveness / Transport, Infrastructure and Tourism


TOL.org: Cubing in Prague

The Czech capital hosted the 2016 European Rubik’s Cube Championship, as the cube, a Hungarian invention, came home to Central Europe. The event saw a new European record for fastest single solve with a time of 5.13 seconds, the TOL.org portal wrote.

20th July 2016 / Economic policy / Employment and Social Affairs


IMF: Emigration and its Economic Impact on Eastern Europe - infographic, analysis: High share of Czech emigrants with tertiary education

 As emigration pressures are likely to persist, CESEE countries will continue to face significant challenges, with some SEE and Baltic economies facing larger emigration pressures than other countries in the region. The IMF analysis Emigration and its Economic Impact on Eastern Europe highlights some of the issues that CESEE policymakers need to pay greater attention to so as to assess the effects of emigration on their economies. The report also discusses how the EU, as a beneficiary of CESEE emigration, could support the efforts of CESEE countries in mitigating the negative effects of emigration on these countries’ economic potential and convergence prospects. 

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