News

Spotlight issue

26th November 2019 / Good governance / Legal Reform and Transparency


Survey conducted by EY and the AMSP ČR (Czech Association of SMEs and Sole Traders: While bribery is no longer a requirement to obtain a public contract, corruption is still considered a major problem in the Czech Republic

  • 35% of Czech entrepreneurs and managers stated it is not possible to get a public contract without a bribe
  • For 81% of respondents, corruption is a widespread phenomenon and 4 out of 10 respondents consider corruption to be a barrier to business
  • Every fifth respondent had been asked for a bribe in connection with a public contract

Some 30 years after the Velvet Revolution, corruption remains a major problem for Czech entrepreneurs and managers. According to one fifth of respondents, the government's anti-corruption efforts have actually decreased over the past 5 years. This is based on a recent survey conducted by EY in cooperation with the Czech Association of SMEs and Sole Traders (AMSP CR) among 600 entrepreneurs and managers in the Czech Republic.

25th November 2019 / Competitiveness / Energy and Environment


IEA: Energy Efficiency 2019: Global energy efficiency improvements are slowing

Energy efficiency has tremendous potential to boost economic growth and avoid greenhouse gas emissions, but the global rate of progress is slowing – a trend that has major implications for consumers, businesses and the environment. IEA's Energy Efficiency 2019 examines in detail the reasons for this recent deceleration in efficiency progress and also includes a special focus on the ways in which digitalisation is transforming energy efficiency and increasing its value.

25th November 2019 / Competitiveness / Macroeconomic Indicators, Economic Growth


The Sustainable Development Report 2019: Czech Republic ranks 7th

The Sustainable Development Report 2019 presents the SDG Index and Dashboards for all UN member states and frames the implementation of the Sustainable Development Goals (SDGs) in terms of six broad transformations. It was prepared by teams of independent experts at the Sustainable Development Solutions Network (SDSN) and the Bertelsmann Stiftung.

22nd November 2019 / Economic policy / Health Care


AmCham Health Care Council: Step-by-step to innovative care

The AmCham Health Care Council met with Minister Vojtěch on November 19 to discuss four projects: the National Oncology Plan, a US research tour, access to anonymized data, and innovation in Central Europe. The two sides agreed to coordinate on all four projects.


 

21st November 2019 / Competitiveness / Tax & Finance


EY study: uncertainty reigns across international tax landscape

  • 79% of global executives describe international tax environment as “uncertain”
  • 82% experienced tax authority challenges to their transfer pricing over the past three years
  • Greatest impact of global tax reform to be felt in fundamental transfer pricing rules

Accelerated upheaval across the international tax landscape spurred by tax reforms across the world as well as initiatives such as the OECD’s digitalization effort have led to unprecedented uncertainty among global tax executives. This is according to the EY Transfer Pricing and International Tax Survey 2019, which surveyed more than 700 senior tax and transfer pricing executives representing the Americas, Europe and Asia-Pacific.

Strategic Directions for Czech Economic Policy

  1. 1) Transition to High-Tech Manufacturing
  2. 2) The City Campus as Idea Factory
  3. 3) Government Programs That Drive Innovation
  4. 4) Government as a Competitive Advantage

Advocacy Priorities for 2020-2022 
 
People, Technology, Infrastructure, Cities, Government

 

2020 Actions Recommended in Areas:

1. Immigration.

2. Adult (post-graduate) Education and Training.

3. Programming as the Required Language.

4. Private Research Investment.

5. Housing Plan.

6. Establishing Policy Objectives for Research.

7. Establishing Databases for Tracking Public Policy Outcomes.

8. Public Procurement as an Innovation Tool.

9. A Government Competitiveness Scorecard.

 

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