The Czech economy has slowed down. At the end of 3Q, dynamics in industry and retail sales decelerated. The economy lacks support from its main trading partners as growth in the euro area has disappointed this year. Inflationary pressures have not dissipated. October price growth was driven by food and fuel prices while the core element has recorded a modest increase.
With another election month in the Czech Republic over, we can now see the initial effects as the dust of coalition negotiations slowly settles over towns and cities across the country. Despite a clear victory for the ANO movement in most places, there was no shortage of surprises in negotiations on coalitions in many municipalities.
Dentons, the world’s largest law firm, has launched a new Market Insights publication entitled “Digital Transformation and the Digital Consumer”, which examines the legal implications of the online economy.
Countries are built on the character of their citizens. Each person's talent, energy, and commitment to community contribute to the progress of a nation, and to the sustainability of that advance. An individual with the skills and fortune to make decisions that determine a company's rise also plays perhaps the most vital role in a country's fate, because progress is financed by prosperity. That is why, since its start in 1992, the AmCham has been focused on two things:..
World Bank's Human Capital Index 2018: Children in the Czech Republic can expect to complete 13.9 years of schooling, but adjusted for quality of learning, it is equivalent to only 11.7 years
The World Bank's Human Capital Index measures the amount of human capital that a child born today can expect to attain by age 18. The Czech Republic ranks 14th out of 157 countries assessed.
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.