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International Competiveness Strategy for the Czech Republic

photo:  (sxc.hu)

In 2011, the government of the Czech Republic adopted a significant document, the International Competiveness Strategy for the Czech Republic for the 2012 – 2020 period, prepared by the Czech Ministry of Industry and Trade. The aim of the Strategy is to join the ranks of the top twenty most competitive economies in the world by 2020.

Through the Strategy, the competiveness is evaluated in nine pillars. The key pillars within the new Strategy are effective and efficient institutions, quality infrastructure and economics driven by innovations. In total, the Strategy includes more than forty major proposals for projects, elaborated in detail in over two hundred specific measures, following from recommendations of international institutions, such as the World Economic Forum, and National Economic Council (NERV).

The Strategy is also consistent with the European Strategy Europe 2020, the National Programme of Reform of the Czech Republic 2011, and other government policy documents. According to the National Programme of Reform, the International Competiveness Strategy for the Czech Republic is an important cross-sectional document for the foundations of an economic policy and it also elaborates the measures contained therein in greater detail.

Along with the International Competiveness Strategy, the Czech government adopted the National Innovation Strategy that details one of the key pillars of the international competiveness, which is support in creating friendly conditions for innovation.

More information about the International Competiveness Strategy can be found here.
Author: Ivana Jenerálová
Source: Ministerstvo prumyslu a obchodu
Added: 23.11.2011

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