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Spotlight issue

18th July 2018 / Competitiveness / Business and Industry


HN: Brno has a recipe for affordable housing

In development locations, Brno plans to build roads and deploy gas or electricity distribution networks before developers begin with construction works on the site. In some cases, following the example of some metropolitan areas in the West, Brno could provide plots to developers, Hospodarske noviny daily informs.

17th July 2018 / Competitiveness / Digital Agenda


EC Study on Broadband Coverage in Europe 2017

As of mid-2017, 98.4% of Czech homes were passed by at least one fixed broadband technology, slightly above the EU average of 97.4%. In rural areas, 95.1% rural households had access to fixed broadband services.

17th July 2018 / Economic policy / Macroeconomic Indicators, Economic Growth


OECD Economic Survey: Czech Republic: Skilling is a win-win for more inclusive growth, health care and pension systems to be challenged by ageing population

The Czech economy is thriving but boosting skills and productivity and transitioning to a low-carbon productive model is vital to sustainable and inclusive growth, OECD Economic Survey says, 

17th July 2018 / Economic policy / Macroeconomic Indicators, Economic Growth


EC Summer 2018 Interim Economic Forecast: Wage increases, high levels of consumer confidence to continue to support private consumption, investment expected to remain vigorous

According to the Commission's forecast, fundamentals remain solid but growth is set to moderate.The moderation in growth rates is partly the result of temporary factors, but rising trade tensions, higher oil prices and political uncertainty in some Member States may also have played a role. Should tensions rise, however, they would negatively affect trade and investment and reduce welfare in all countries involved, European Commission says.

17th July 2018 / Competitiveness / Legal Reform and Transparency


JLL Global Real Estate Transparency Index 2018: Czech Republic in the group of transparent countries

Within Europe, countries in the CEE region have shown the strongest advancements. The Czech Republic ranks 23rd and finds itself in the group of transparent countries along with Denmark, Netherlands, Italy, Belgium, Portugal, Germany, US, Sweden, Austria, Hong Kong, Finland, New Zealand, Switzerland, Singapore, Spain and South Korea, JLL Global Real Estate Transparency report 2018 says.

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.

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