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Spotlight issue

5th April 2018 / Competitiveness / Business and Industry


EMEA Occupier Survey

In the EMEA Occupier Survey 2018, tenants of commercial premises can look forward to the results of the survey focused on the working environment, how does it affect the satisfaction, health and productivity of employees. And what results did the study bring in 2017?

5th April 2018 / Competitiveness / Education


Czech Republic Education Factsheet

The Czech Republic has an educated workforce, but the lack of technically educated people has been posing an obstacle to further development of the country. Is the Czech Republic suffocating what has been seen as a major competitive advantage?

4th April 2018 / Competitiveness / Technology, R&D and Innovation


Eurostat: Czech Republic has one of the greatest gender gaps in ICT specialists, second greatest share of e-sales turnover for SME

According to Eurostat Digital Economy & Society in the EU 2018 edition, in 2016, a large majority of ICT specialists who were employed in the EU were men (83 %), their share rising from 78 % in 2010. This gender distribution of ICT specialists was in contrast to the distribution for total employment, where the genders were broadly balanced (54 % men and 46 % women). Female ICT specialists were under-represented in all EU Member States and the largest gender gaps were found in Slovakia (91 % were men) and the Czech Republic (89 %). The highest shares of female ICT specialists were recorded in Bulgaria (30 %) and Romania (26 %).

4th April 2018 / Competitiveness / Employment and Social Affairs


PwC Women in Work Index 2018: What's driving the gender pay gap and what gains can be made from closing it?

This year’s update of the Women in Work Index shows that the OECD has continued its gradual progress towards greater female economic empowerment. The Nordic countries, particularly Iceland, Sweden and Norway, continue to occupy the top positions on the Index. Gender pay gap in the Czech Republic reached 21% and female boardroom representation reached 9% in 2016. Increasing female employment rates to Swedish levels would mean a GDP increase by 4.4%, the study says.

4th April 2018 / Economic policy / Macroeconomic Indicators, Economic Growth


GDP revision moves all-year 2017 growth to 4.6%

The Czech Statistical Office (CZSO) revised the GDP statistics for 4Q17. Qoq growth was adjusted to 0.8% (from originally 0.5%) and yoy to 5.5%. The all-year growth in 2017 thus reached 4.6%. The revision was made mainly on the back higher government expenditures compared with previous estimates. The investments were also revised slightly up, but the move was offset by a downward revision of inventories. Besides government consumption, growth in 4Q was driven by all items of domestic demand. External trade contributed slightly negatively. Private consumption and investment activity were the main growth drivers, contributing roughly 2pp each. The inventory built increased significantly and added another percentage point. On the supply side, we see two dominant drivers. The value added in industry increased 7.4% while private services grew 6.3%. These two components thus created a major part of the GDP dynamics. 

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

English / Czech. Advocacy Priorities.

 

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