News
Czechstartups.org: Czech Republic among worst in Europe in invested private equity capital
Managers of private equity funds do not hesitate to lend money for a complete takeover. The value of transactions financed by the debt exceeded 36 billion EUR in Europe last year, the Czechstartups.org portal wrote. The largest recipient of private equity capital in Europe relative to GDP is the United Kingdom with 0.79 % of its GDP, the Czech Republic with 0.08 % belongs to the worst in Europe.
Radio Praha: Centre developing driverless car technology to open in Prague
The French company Valeo is planning to open a new centre aimed at developing driverless car technology in Prague this coming December. The move will make the Czech capital one of the leading centres in the world in the growing field of autonomous cars, Radio Praha writes, referring to the newspaper Lidove noviny.
TI/Bisnode: 244bn CZK from public contracts, EU funds goes to tax havens
Transparency International Czech Republic and Bisnode published an analysis of flows of money into tax havens via entities that won public contracts. Since 2007, it has been around CZK 244bn,
Radio Praha: Challenge for V4 to avoid ending on periphery of changing EU, says Harvard’s Grzegorz Ekiert
Grzegorz Ekiert is director of the Center for European Studies at Harvard University. An expert on democratisation, the Polish-born political scientist recently gave a talk at Prague’s Václav Havel Library exploring the unraveling of the pro-European consensus in the Visegrad states and the major challenges facing the region.
IMF: Germany needs reforms
Germany, a champion of structural reform prescriptions within the European Union, needs a large dose of the same medicine at home, too. Beyond public investment in transport and telecommunications, and more competition in services, dealing with an aging population needs urgent attention. With the right policies, Germany can bring more people into the workforce—and for longer—to counter the demographic trend, argues a recent study accompanying the regular health check of the German economy by the International Monetary Fund.
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.