Competitiveness

This section feature research, opinion and progress reports on how the Czech Republic compares to other EU countries economically. It includes analysis of international rankings such as the WEF and World Bank.

Spotlight issue

10th November 2020 / Competitiveness / Macroeconomic Indicators, Economic Growth


AmCham Board of Directors’ Assessment of the Economic Impact of Covid19 - October

This assessment is intended to assist members in their short and long-term planning by providing the outcome of discussions among board members. The board has been holding regular assessment sessions to share and discuss the impact within their industry and among their clients, customers and partners. These exchanges have been informed by research and input from our committees. This document is a working document which will be updated regularly, and all comments and suggestions are welcome. The document is divided into five sections: 1) duration of the crisis, 2) economic impact, 3) transformative effect, 4) effectiveness of government measures, and 5) business priorities.
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5th January 2021 / Competitiveness / Technology, R&D and Innovation


Total Expenditure on R&D in Czech Republic in 2019 Increased to 1.94% of GDP

Total expenditure on research and development in the Czech Republic in 2019 reached 1.94% of GDP, nominally CZK 111.6 bn, which is an increase by almost CZK 9 bn year-on-year. Business sector invested the total of CZK 64.7bn in 2019. National public investment into R&D reached CZK 37.6bn. Resources from EU funds reached CZK 8bn.
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16th December 2020 / Competitiveness / Employment and Social Affairs


What’s next for remote work: An analysis of 2,000 tasks, 800 jobs, and nine countries

Hybrid models of remote work are likely to persist in the wake of the pandemic, mostly for a highly educated, well-paid minority of the workforce. For many workers, COVID-19’s impact has depended greatly on one question: Can I work from home or am I tethered to my workplace? Quarantines, lockdowns, and self-imposed isolation have pushed tens of millions around the world to work from home, accelerating a workplace experiment that had struggled to gain traction before COVID-19 hit.
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16th December 2020 / Competitiveness / Digital Agenda


Many people have learned to use new services. This is good news for tech companies, says Libor Čížek from Citi Commercial Bank

Thanks to automated solutions, the usual banker skills of years past are no longer enough. Communication with clients is more technical and project-managed by various implementation teams focusing on the development of services for digital economy companies, from e-commerce to software to fintech. “Cooperation therefore requires involvement of IT people on both sides,” says Libor Čížek from Citi Commercial Bank, where he leads a section focused on services for digital companies. He adds that “as for other trends, it is mainly about shifting the bank’s corporate customer experience closer to the retail banking customer’s experience, despite the higher complexity of services in the corporate world.” Another key aspect is the digitisation process, which has been accelerated by the ongoing pandemic.
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Members of the American Chamber of Commerce in the Czech Republic