Natixis: The world is getting older − policy needs to be wiser | Czech Government document on pension reform says Czech pension system is sustainable
The Czech Republic improves its ranking from 18th to 16th this year. The country achieves a balanced set of results across all sub-indices and registers its strongest performance in Material Wellbeing (6th).
In Eastern Europe, the ranking is led by Prague, which also occupies significant positions in the social cohesion and environment dimensions in the overall ranking.
OECD Government at a Glance: Czech Republic country factsheet | PwC: Five forces that will reshape the global landscape of anti-bribery and anti-corruption
The Czechs kept income inequality unchanged during the latest economic and financial crisis, which is a significant achievement, and the country has a low uptake of digital services for citizens, OECD's Government at a Glance 2017 report says.
Prague.tv: Developers want red tape reduced | Deloitte Property Index: Prices of new residential real estate in the Czech Republic are highest compared to the Central European countries
Prague Institute of Planning and Development (IPR) spokesman Marek Vácha said that by 2030 there would be a demand for 82,400 flats with a combined area of 5.1 million square meters. This comes to 5,500 new flats per year, Prague.tv writes. According to Deloitte, revenues from apartment rentals in the Czech Republic fluctuate within the preferred range of 4 to 6%. Prices of new residential real estate in the Czech Republic are highest compared to the Central European countries, but their year-on-year growth was not as dynamic.
GfK: European Retail in 2017: Central and eastern European nations had the highest per-capita purchasing power increases | KPMG on experiences of Czech consumers - survey
The population’s confidence in covering more than their basic needs increased as purchasing power increased, GfK analysis says.
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.