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Spotlight issue

12th November 2018 / Competitiveness / Business and Industry


World Bank's Doing Business 2019: Czech Republic ranks 35th

In the World Bank Group’s annual ease of doing business rankings, the top 10 economies are New Zealand, Singapore and Denmark, which retain their first, second and third spots, respectively, for a second consecutive year, followed by Hong Kong SAR, China; Republic of Korea; Georgia; Norway; United States; United Kingdom and FYR Macedonia. The Czech Republic ranks 35th.

12th November 2018 / Competitiveness / Digital Agenda


brnoregion.com: The Industry 4.0 has arrived in #brnoregion

Digitalization, robotic process automation, autonomous production, machines taking people’s jobs… Hey, slow down, would you? Each industrial revolution brought changes. In #brnoregion, however, we are not afraid that machines will take all our jobs and people will suddenly have nothing to do. We’ve been trying to make use of the Fourth Industrial Revolution to the benefit of our people, companies and the entire region as well!

9th November 2018 / Competitiveness / Technology, R&D and Innovation


Radio Praha: Czech Space Week strives to bring a bit of space to everyone

Space enthusiasts from the Czech Republic and beyond are in for a treat. Starting on Saturday, Prague and Brno will host Czech Space Week, a nine-day-long series of events that will bring together scientists, businessmen and government officials who are active in the area, Radio Praha writes.

9th November 2018 / Economic policy / Macroeconomic Indicators, Economic Growth


Czech inflation slows down to 2.2% due to food prices

Inflation further slowed down to 2.2% in October after 2.3% in September and ended below the market and the central bank forecast. But we don't think this is a game changer for the central bank

8th November 2018 / Competitiveness / Transport, Infrastructure and Tourism


Operators finish coverage of the pilot section of Prague’s underground

  •  Mobile services available in the entire Muzeum – Roztyly section
  •  Another 21 stations in the central part of Prague will be covered next year

Strategic Directions for Czech Economic Policy

  1. 1) The home of value-added manufacturing
  2. 2) Prague-Brno-Ostrava Creative Triangle
  3. 3) Health Care as an export industry
  4. 4) Government as a competitive advantage

Advocacy Priorities for 2018-2020 
 
People 

1. Setting a predictable policy for economic immigration based on the goal of maintaining current levels of employment for Czech citizens and wage growth that corresponds to productivity growth.  

2. Establishing incentives for companies and individuals to provide the qualifications and skills necessary for the automation of production and service industries.  

3. Introducing machine and computer programming as a required language in elementary and high schools.  

4. Improving the Healthy Life Years of the workforce and overall population through better prevention programs, better diagnostics, and better treatment.  
 
Infrastructure 

1. Develop a plan for developing and maintaining an integrated rail, road and air commercial logistics systems.  

2. Integrate the Prague airport into the national commuter network.  

3. Increase digital infrastructure capacity throughout country. 

4. Develop a housing plan that will create more entry-level housing in Prague and Brno for purchase or rent.  
 
Technology 

1. Reform investment incentives to concentrate on product research, development and production.  

2. Establish policy objectives in the area of health, energy, transport, environment and other areas and use these objectives for allocating public research funds. 

3. Require major public procurements to use objective and measurable criteria for innovation. 

 

Read the document 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