Eurostat: Ratio of investment to GDP highest in the Czech Republic | M.Skorepa, Ceska sporitelna: "We are probably observing a natural fall in the tempo of catching up, in terms of the stock of capital, to richer economies."
Among the EU Member States, in 2017 investment accounted for a quarter of GDP in the Czech Republic (25.2%) and Sweden (24.9%). Estonia (23.7%), Austria (23.5%), Ireland (23.4%), Belgium (23.3%), Romania and Finland (both 22.6%) as well as France (22.4%) all had investment rates of over 20% of GDP, according to Eurostat.
On May 15, the U.S. Chamber of Commerce and the China Center for International Economic Exchanges (CCIEE) opened the tenth meeting of the U.S.-China CEO and Former Senior Officials’ Dialogue, co-chaired by U.S. Chamber President and CEO Thomas J. Donohue and CCIEE Chairman and Former Vice Premier Zeng Peiyan. They are joined by top business leaders, former cabinet officials, and think tank experts for two days of discussions in Beijing.
Prague is not only a historical jewel, but it is also a destination offering various ways of applying modern technologies, such as virtual reality, to practice. It has already become a part of everyday life, as shown by the ever-increasing number of subjects and activities concentrating on the virtual reality. This article presents a small sample of the most attractive virtual reality experience available in the Czech metropolis, Prague Convention Bureau writes.
The Digital Economy and Society Index (DESI) is a composite index that summarises some 30 relevant indicators on Europe’s digital performance and tracks the evolution of EU Member States, across five main dimensions: Connectivity, Human Capital, Use of Internet, Integration of Digital Technology, Digital Public Services. The Czech Republic ranks 18th in DESI 2017. Compared to last year the country progressed in Digital Public Services and remained stable in Human Capital, but worsened its ranking in other dimensions.
IMF Regional Outlook: Europe continues to enjoy strong growth but recent indicators suggest that momentum is leveling-off
All European economies grew in 2017, and the outlook remains favorable in the short run, says the IMF’s latest regional report. But for growth to last beyond the current upswing, European countries will need to loosen structural constraints on growth, which range from barriers to investment to dwindling competitiveness.
Investor demand remains very strong on the Czech market and it seems that the only thing that can limit further growth is the lack of available product in most market segments. Mike Atwell, Regional Director, Head of Capital Markets Czech Republic and Leader Director CEE Capital Markets at JLL shared his expectations for the Czech market.
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.