Background information

The Confederation of Industry of the Czech Republic Svaz průmyslu a dopravy České republiky , SP ČR has presented Recommendations for a restart and the long-term renewal of growth of the Czech economy. SP ČR has set up an expert group, which has developed ten measures which, if being applied by the Czech government, can contribute to the rapid renewal of the economy's potential for long-term growth.

Content of measure

The document presents measures which could help to restart Czech economy after the COVID-19 pandemic. Among most important are the following:

• Business R&D must be a government priority.
• Promoting investment and demand by ensuring sufficient funds for the construction and renewal of transport and data infrastructure, availability of financial instruments such as guarantees and state loans etc.
• Structural reforms are also necessary - the economy will not be saved by direct support in the form of subsidies, social programs and guarantees, the best way for future prosperity and sustainable development are innovations, educated and skilled workforce, flexible labour market, digital transformation, especially in public services and integration to the world economy.
• water management, climate protection and circular economy are also challenges for the long term growth.

The whole document is also available in English.

Use of measure

Not applicable.

Target groups

Workers	Businesses	Citizens
Applies to all workers	Applies to all businesses	Applies to all citizens

Actors and funding

Actors	Funding
National government Employers' organisations	No special funding required

Social partners

Social partners' role in designing the measure and form of involvement:

	Trade unions	Employers' organisations
Role	No involvement	Agreed (outcome) incl. social partner initiative
Form	Not applicable	Any other form of consultation, institutionalised (as stable working groups or committees) or informal

Social partners' role in the implementation, monitoring and assessment phase:

• Only employers' organisations
• Main level of involvement: Peak or cross-sectoral level

Involvement

SP ČR has prepared the document itself.

Views and reactions

Supportive.

Sources

• 04 August 2020: Recommendations for a restart and the long-term renewal of the Czech Economy/Doporučení pro restart (www.spcr.cz)