AmCham CZ: Since the government does not set performance objectives beyond total expenditure for public procurement, it is difficult to assess whether or not the spending has made the country more competitive
Since the government does not set performance objectives beyond total expenditure for public procurement, it is difficult to assess whether or not the spending has made the country more competitive or spread prosperity through better government services. One thing seems clear, however. The goal of creating more public trust needs more work.
LSE: Upwards convergence: Why wage growth should be a priority for central and eastern Europe | Infographic on Czech wages inside
Wages vary significantly across European countries, but would increasing wages to create more convergence in pay levels have a damaging impact on competitiveness? Drawing on the examples of the Czech Republic, Germany and Romania, Martin Myant argues that there is scope for raising wages in central and eastern European countries to draw closer to western European levels without generating negative economic side-effects.
Eurostat: Czech artists, writers less likely than other workers to have only one job | 65% of lower secondary school pupils learn 2 or more foreign languages
Between 2011 and 2015 the number of people working in the area of culture grew steadily, with 410 000 more cultural jobs (+7%) in the EU in 2015 than in 2011. Czech artists and writers are more likely to have more than one job, Eurostat says.
EC DESI: Czech Republic progresses in Digital Public Services and remains stable in Human Capital, but worsens its ranking in other dimensions
The European Commission published their 2017 Digital Economy and Society Index. The greatest challenge for the Czech Republic in digital is to improve the use of internet services, in particular for eGovernment and for entertainment and social purposes.
Meal vouchers, sick days, 5 weeks paid annual leave, multisport cards – these are some of the benefits offered by employers in the Czech Republic. But do benefits play an important role when employees choose an employer these days? Or do they make a difference when it comes to retention, engagement or motivation? If so, why do we see such frequent job-hopping or number of people choosing to move to the public sector? What can companies do to retain talent in the workplace? On February 28, more than 70 AmCham members gathered to discuss these topics with experts from ČSOB, Radisson Blu Alcron Hotel, Amazon EU and SAP Services at Radisson Blu Alcron Hotel Prague.
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.