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Spotlight issue

20th September 2018 / Competitiveness / Digital Agenda


EC EIDES: More networking and support needed to boost Czech digital entrepreneurship

During the last decade digitisation has transformed the character of entrepreneurial activities as for both the entrepreneurial opportunities and the practices to pursue them. In this context, to ensure that the new productivity potential is fully deployed to the benefits of economic growth and societal welfare, policymakers need adequate metrics to monitor digital entrepreneurship. The European Commission published its European Index of Digital Entrepreneurship Systems.

20th September 2018 / Politics / Trade and Investment


AmCham Germany meets US Secretary of Commerce Wilbur Ross in Washington, DC. Chance for constructive talks between the US and Europe on the trade dispute

Washington, DC, September 19, 2018 – A delegation from AmCham Germany is currently in Washington, DC to hold talks with high-ranking US decision makers on transatlantic business relations. AmCham Germany President Frank Sportolari says, "We currently see the chance for solution-oriented dialogue in the trade conflict with the US."

20th September 2018 / Politics / Elections


W. Stacey, AmCham CZ: The Transatlantic Relationship

Are we entering a new and dramatically different era of transatlantic commerce? Since the economic relationship between the European Union and United States is the most influential commercial partnership in the world, and, for the first time in decades, one government has inhibited commerce by imposing higher tariffs, this question suddenly seems to require an urgent answer. To determine the answer, we should ignore the headlines, and study two fundamental realities.

19th September 2018 / Amcham advocacy news / Elections


Tomáš Portlík from ODS discusses economic priorities with AmCham members at pre-election roundtable

On 17 September 2018 the AmCham held another pre-election roundtable with Tomáš Portlík, ODS. According to the ODS programme Prague has experienced two decades of prosperity and development, however, in past six years it got stuck due to the lack of competence of current Prague administration. The Prague City Hall(s) administration should serve, not interfere.

18th September 2018 / Competitiveness / Digital Agenda


WEF and Deloitte’s report: Artificial Intelligence will significantly transform the financial services industry

Artificial intelligence (AI) is rapidly changing the way financial institutions attract new customers and develop relationships with the current ones. Further enhancement of AI will require entirely new models of cooperation between today’s competitors and emerging players. These are the results of the World Economic Forum (WEF) and Deloitte’s report “The New Physics of Financial Services”.

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