News
The EU’s Carbon Border Tax Will Redefine Global Value Chains
Levies on emissions tied to imports will impact companies inside and outside the EU and could alter the competitive balance between nations in many industries.
Companies around the world that export to the European Union—the world’s largest single market—are now on notice. After years of discussion and debate, the European Commission in late July unveiled its long-anticipated plans to make importers and non-EU manufacturers pay for the carbon emissions associated with the goods and materials they sell in the EU.
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Economic impact for small businesses, powered by partnership with Amazon
Amazon made a bet two decades ago to embrace third-party sellers—and the bet is paying off for both customers and small businesses, according to Amazon’s 2021 Small Business Empowerment Report.
Industry dropped strongly due to car manufacturers
Industry fell sharply below all estimates in August, mainly due to a drop in car production. Hand in hand with this, the foreign trade balance also deteriorated. Construction output grew slightly. In summary, the published data were worse than expected, and although it is not good to draw strong conclusions from the summer months, supply chain problems appear to continue to weigh heavily on industry.
Return of employees from abroad
In most cases, employees are not allowed to enter the workplace for a certain period of time after arriving from abroad. At the same time, the Ministry of Labor issued a recommendation for a wage compensation in such a case.
The biggest amendment on foreclosures in the last 20 years
At least that is how some, especially politicians, refer to the latest amendment to Act No. 120/2001 Coll., on Bailiffs and Enforcement Activity (the Enforcement Code), which was published in the Collection of Laws under No. 286/2021 (the “Amendment”).
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.
