News

Spotlight issue

2nd August 2018 / Competitiveness / Employment and Social Affairs


Golden Age index: How well are the OECD economies harnessing the power of an older workforce?

This year's update of the Golden Age Index shows that the OECD has continued its gradual progress towards greater engagement of older people in the workforce. Iceland, New Zealand, Israel, Estonia and Sweden continue to lead the OECD, taking top positions on the index.

We explore the potential boost to OECD GDP from raising employment rates of older workers to New Zealand levels, finding that the OECD could experience a long-term gain of around $3.5 trillion and the UK around £180 billion.

View the key findings for highlights from our research and explore the results further using our interactive data tool. We provide more detailed analysis and commentary in the full report, which you can download below. 

2nd August 2018 / Competitiveness / Transport, Infrastructure and Tourism


Changes to the short-term parking system at Václav Havel Airport Prague

In order to increase the airport’s parking capacity and the comfort of parking for as many passengers as possible, Václav Havel Airport Prague is making changes to the rules concerning short-term parking.

2nd August 2018 / Good governance / Employment and Social Affairs


The family caregiver allowance – a new form of welfare benefit

Starting as of 1 June 2018, the Czech Social Security Administration disburses a new type of welfare benefit out of the sickness insurance scheme: a caregiver allowance which may be drawn for a period of up to 90 calendar days.

2nd August 2018 / Economic policy / Macroeconomic Indicators, Economic Growth


ING Bank Czech Republic: Manufacturing hits lowest level in a year

The Czech manufacturing PMI fell to 55.4 points, the lowest level in a year. But this is in line with our expectations of somewhat weaker industrial production growth this year.

2nd August 2018 / Competitiveness / Transport, Infrastructure and Tourism


PCB: World Biochemistry Experts Met in Prague

The 43rd Congress of the Federation of European Biochemical Societies (FEBS) brought Scientists of biochemistry and molecular biology to the Congress Center in Prague last week. The central symbol of the Congress became the mathematical sign for infinity and the motto "Biochemistry forever".

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.

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