News

Spotlight issue

1st February 2019 / Good governance / Legal Reform and Transparency


TI Corruption Perceptions Index 2018: Czech Republic, a country to watch

The Czech Republic has improved its standing in watchdog Transparency International’s Annual Corruption Perceptions Index for 2018. The country has moved four places up the ladder to 38th spot in the worldwide rankings, Radio Praha writes.

1st February 2019 / Competitiveness / Trade and Investment


EIBIS: 17% of Czech firms reported investing too little over the last three years

The annual EIB Investment Survey (EIBIS) gathers qualitative and quantitative information on investment activities by around 12 000 companies across the EU, their financing requirements and the difficulties they face. This brochure provides an overview of 2018 results for Czech republic.

30th January 2019 / Politics / Elections


The Future of Prague Series with ANO

On January 29, as part of AmCham Future of Prague talks with City Hall representatives, we discussed housing issues with Marta Gellová and Radek Lacko (ANO). 

30th January 2019 / Competitiveness / Macroeconomic Indicators, Economic Growth


UN World Economic Situation and Prospects 2019

Global growth is expected to remain at 3.0 per cent in 2019 and 2020, however, the steady pace of expansion in the global economy masks an increase in downside risks that could potentially exacerbate development challenges in many parts of the world, according to the World Economic Situation and Prospects 2019.  The global economy is facing a confluence of risks, which could severely disrupt economic activity and inflict significant damage on longer-term development prospects. These risks include an escalation of trade disputes, an abrupt tightening of global financial conditions, and intensifying climate risks.

30th January 2019 / Competitiveness / Technology, R&D and Innovation


2019 Bloomberg Innovation Index: Czechia gains high scores for value added, low scores for concentration of high-tech companies

The annual Bloomberg Innovation Index, in its seventh year, analyzes dozens of criteria using seven metrics, including research and development spending, manufacturing capability and concentration of high-tech public companies.

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