News

Spotlight issue

25th September 2018 / Competitiveness / Employment and Social Affairs


Czech Republic Placed 26th in the Social Progress Index, Obtaining More Points but Slipping in the Ranking

The Czech Republic took 26th place in the international Social Progress Index 2018. The annual ranking is prepared by the non-profit organisation Social Progress Imperative together with Deloitte, using data on social and economic developments and the environment.

24th September 2018 / Competitiveness / Education


OECD Education at a Glance: Czech Republic: Gender pay gap among the highest, spending per student from primary to tertiary level among the lowest in OECD

The most recent OECD Education at a Glance report finds that in the Czech Republic, gender pay gap is among the highest and spending per student from primary to tertiary level is among the lowest in OECD. 93% of  tertiary-educated men are employed, compared with 71% of tertiary-educated women. In 2016, 35-44 year-old women with a tertiary education earned 66% of what their male counterparts earned.

21st September 2018 / Competitiveness / Tax & Finance


Digital Transformation in Financial Services

The financial services sector is at a pivotal point in its evolution. Disruption, new business models, FinTechs, payments, cryptocurrency, cyberthreats, greater collaboration and data legislation are all transforming the sector - and regulators are scrambling to keep up.
The sector has made great strides towards digital transformation, but there are still barriers to innovation. How do industry insiders see financial services evolving: which will be the real game-changers, how will the industry transform over the next few years and are institutions and regulators keeping pace?

21st September 2018 / Good governance / Digital Agenda


Asking the right questions to define government’s role in cybersecurity

There is no one-size-fits-all approach for governments to manage cybersecurity. But asking some key questions can help leaders get started.

20th September 2018 / Competitiveness / Business and Industry


The CEE real estate market has been one of the most dynamically developing markets across Europe. Will this trend continue?

The CEE real estate market has been one of the most dynamically developing markets across Europe and has enjoyed strong interest from a wide range of developers, investors and occupiers across all sectors. Will this dynamic and rapidly developing market continue at such pace for the coming years?

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