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.
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.
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.
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.
- 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) Transition to High-Tech Manufacturing
- 2) The City Campus as Idea Factory
- 3) Government Programs That Drive Innovation
- 4) Government as a Competitive Advantage
In Policy Pipeline policy developments in the Czech Republic and abroad are monitored to bring better understanding of current topics and trends.