News

Spotlight issue

6th March 2019 / Good governance / Social Responsibility


It’s normal to help

The law firm Taylor Wessing Czech Republic in collaboration with public broadcaster Czech Radio, announces the 7th edition of a national essay contest for university students

6th March 2019 / Economic policy / Health Care


Invitation: Health Care 2.0: How To Manage Health Insurance Companies Effectively?

Health Care 2.0 invites to a discussion, which will be held on Wednesday 27 March 2019 at 3 pm in the building of the Economics Institute of the Academy of Sciences of the Czech Republic (NHÚ AV ČR building), Politických vězňů 7, Praha 1, 2nd floor, room no. 7. The event will be held in Czech.

4th March 2019 / Economic policy / Technology, R&D and Innovation


AmCham CZ Position Paper: Czech Innovation Policy: “The Country for the Future”

AmCham believes the new research strategy “Czech Republic: The Country for the Future” rightly focuses the government’s economic development programs on creating a strong public research infrastructure that generates patented ideas for existing companies, as well as spin-offs. From a managerial perspective, the strategy sets general and specific objectives, identifies tasks, establishes cooperation across functions of the government, and assigns accountability for accomplishing the goals. We therefore view the document as a substantial step toward the Czech Republic becoming a top ten EU economy by 2025, and would like to offer our support in turning the strategy into reality. What follows are some comments and four concrete steps AmCham proposes as our contribution to the strategy.

4th March 2019 / Competitiveness / Employment and Social Affairs


expats.cz: The Czech Republic is the world’s best country for women to work, says Forbes

The Czech Republic has been rated as the #1 country for women to work, according to a new Forbes article based on data collected in the most recent InterNations survey.

4th March 2019 / Economic policy / Macroeconomic Indicators, Economic Growth


ING Bank Czech Republic: Czech GDP figure better than expected in 4Q18, though sending mixed signals


Czech economic growth was stronger than expected in 4Q18, mainly due to stronger exports and helped by government consumption. On the other hand, household consumption disappointed, which brings some uncertainty to the outlook. We expect GDP growth to decelerate to close to 2.5% this year, after 3% growth in 2018.

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