In all the commotion over who will win the highway toll tender, commercially and politically, any chance of a reasonable discussion about why we would want a toll system, and what sort of toll system is best for the country, has been lost. This is a defeat for us all. The purpose of public procurement is to use private money collected through taxes and expend it on public goods that will deliver a higher value to the economy and society than if that money had been spent by individual citizens. Since we have had no public debate on what the value of highway tolls are, we have no way of assessing how much value we would receive from any winner of the tender.
Germany is criticized for its high current account surpluses: the export successes of the German economy were at the expense of the other EU states. Our study shows that this criticism is completely unjustified. On the contrary, a strong German economy creates added value and employment in Europe.
Prague Convention Bureau: Rector of the Charles University in Prague Won a Prestigious Award for His Long-Term Contribution to Congress Tourism
The ninth Ambassador Awards Evening took place in Prague to honour the contributions to the meetings industry. Prague Convention Bureau organises the ceremonial event since 2010 as a part of its Ambassador Programme. The aim of the event is to award renowned Czech scientists, top experts, professors, and doctors who represent the Czech Republic in international professional associations, actively lobby in favour of Prague and then participate in the preparatory work of scientific, program or organizing committees of international congresses held in Prague.
Today’s statistical reports surprise on the upside. Industrial production maintains strong dynamics; retail sales even accelerated, and construction statistics are booming. The figures show that the domestic economy began the new year on a high note. So far, the monthly statistics corroborate our view of strong GDP growth of 3.8% this year, Komerční banka says..
Strategic Directions for Czech Economic Policy
- 1) The home of value-added manufacturing
- 2) Prague-Brno-Ostrava Creative Triangle
- 3) Health Care as an export industry
- 4) Government as a competitive advantage
In Policy Pipeline policy developments in the Czech Republic and abroad are monitored to bring better understanding of current topics and trends.