News

Spotlight issue

8th February 2016 / Economic policy / Trade and Investment


Ministry of Industry and Trade: Czech export hit record high in 2015 | CzechTrade: 122 new orders worth CZK 1.3bn for Czech companies in 2015

Czech export hit record high in 2015, reaching almost CZK 4 trillion, the Czech Minister of Industry and Trade Jan Mládek informed and listed some of the attractive markets for Czech companies. Also, the CzechTrade government agency facilitated new orders worth CZK 1.3bn in 2015 and plans to open four new offices worldwide.

 

7th February 2016 / Economic policy / Technology, R&D and Innovation


OECD: Czech R&D expenditures of 2% of GDP slightly above EU average, bellow OECD average. UNESCO Women in science data inside

OECD recently published data on R&D expenditures for 41 countries, including the Czech Republic. The country, with R&D expenditures amounting to 2% of GDP (622.9 USD per capita (2014)) ranks slightly above the EU average, but bellow the OECD average. South Korea spends 4.29% of its GDP on research and development, followed by Israel with 4.11% and Japan with 3.58% of GDP in 2015. 

7th February 2016 / Competitiveness / Energy and Environment


Eurostat: Czech Republic records peak of its energy dependency in 2014 (updated)

In 2014, the least energy-imports-dependent Member States were Estonia (8.9%), Denmark (12.8%) and Romania (17.0%), followed by Poland (28.6%), the Czech Republic (30.4%), Sweden (32.0%), the Netherlands (33.8%) and Bulgaria (34.5%). At the opposite end of the scale, the highest energy dependence rates were registered in Malta (97.7%), Luxembourg (96.6%), Cyprus (93.4%), Ireland (85.3%), Belgium (80.1%) and Lithuania (77.9%). At the same time, the Czech Republic is the only Member State recording a peak of its energy dependency in 2014, Eurostat announced. 

 

7th February 2016 / Politics / Elections


Radio Prague: New (Czech) dean of NATO Defense College: Our perception of what presents a threat sometimes differs

Brigadier General František Mičánek, head of the Centre for Security and Military Strategic Studies at the University of Defense in Brno, was recently elected Dean of NATO Defense College in Rome. He is the second Czech to secure a high post in NATO defense structures, following General Petr Pavel’s appointment as chairman of NATO's Military Committee. Read/listen to an interview with him on Radio Prague.

 

5th February 2016 / Good governance / Legal Reform and Transparency


Transparency International Czech Republic asks MPs to push forward debate, adopt reform of political finance | OECD: Financing Democracy report

Transparency International Czech Republic asks Czech MPs to push forward debate and adopt reform of political party financing. The draft act has been waiting for its turn in the Chamber of Deputies for quite some time. The bill proposes establishing of an authority that would monitor political party financing, impose sanctions and be in charge of public oversight over political finance, among others. One of the problems TI Czech Republic mentioned in their analysis relates to "transparent accounts" of political parties; most political parties made publicly accessible information on money inflows only, and not the outflows...

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