scholarly journals Evaluation of the adequacy of government minimum wage valorization policy in the Czech Republic in 2017 in the European context

2017 ◽  
Vol 8 (1) ◽  
pp. 21 ◽  
Author(s):  
Martin Pernica
Keyword(s):  
Czech Republic ◽  
Minimum Wage ◽  
Minimum Wages ◽  
Income Poverty ◽  
The Czech Republic ◽  
Eu Countries ◽  
Macroeconomic Indicators ◽  
Per Capita ◽  
The Government ◽  
Workforce Productivity

Research background: The government of the Czech Republic has agreed to an increase in the minimum monthly wage as of the beginning of 2017 to 11,000 CZK, which represents a year-over-year increase of over 11 %. The government is thus fulfilling its objective set out in February 2014 and stipulated in the Government Statement of Purpose, i.e. to approximate the minimum wage to 40 % of average wages. Purpose of the article: The purpose of the article is to assess the adequacy of the Government Minimum Wage Valorization Policy, in particular from two points of view. Firstly, in view of selected macroeconomic indicators in the Czech Republic — the development of consumer prices, average gross wages, economic growth and workforce productivity. Secondly, in comparison with other EU member states which have introduced the institution of a minimum wage. Methods: In order to assess the adequacy of government policy to improve the social protection of the rights of the working population, a background research was conducted into the literature of important studies on the effects of minimum wages on unemployment, while the development of average gross wages in the CR, the minimum monthly wages in the CR and the Kaitz index were also analyzed. Furthermore, an evaluation of selected macroeconomic indicators in the Czech Republic was performed by means of time lines and the percentage representation of employees in the individual gross wage bands according to sex and type of economic activity. Last, but not least, a comparison was made of minimum wages, real gross domestic product per capita and workforce productivity in Euros and in purchasing power standards between the Czech Republic and countries which have enacted the institution of minimum wages. Findings and Value added: The minimum wage in the Czech Republic is the fifth lowest in the EU. In the long term, it is earned by approximately 3% of employees, which is less than the rate common in other EU countries. Currently, the amount of the minimum wage is below the threshold of income poverty. In comparison with the GDP per capita in PPS and real labour productivity per person employed in other EU countries, the position of the Czech Republic is significantly better, although other EU countries offer higher minimum wages. The decision of the current government to significantly increase the minimum wage as of 2017 is correct.

scholarly journals Key movement forces in the dairy industry in the Czech Republic

2004 ◽  
Vol 52 (3) ◽  
pp. 87-96
Author(s):  
Renata Černíková
Keyword(s):  
Czech Republic ◽  
Dairy Industry ◽  
Total Export ◽  
The European Union ◽  
The Czech Republic ◽  
Government Interventions ◽  
Eu Countries ◽  
The Government ◽  
Average Consumption ◽  
The Eu

The paper analyses key movement forces in the dairy industry in the Czech Republic and evaluates their importance in the industry and their influence on the following development of the dairy industry in the Czech Republic.The current most important key movement forces in the dairy industry in the Czech Republic are identified: changes in the long-term industry growth rate and marketing innovations. There is space for growth of the industry – the average consumption of the milk products in the Czech Republic per inhabitant 225,1 kg in 2002 is almost by 17% lower than in 1989 (269 kg per inhabitant) and also by 10% lower than the current average consumption in the EU countries (250 kg per inhabitant). There is also space for increase exports from the Czech Republic into the EU countries. The liberalization of the foreign trade with cheeses and curds – “double-zero variation” was positive for the Czech Republic in the first year after the introduction. The share of the import of cheeses and curds on the total export from the EU decreased from 24.6% to 15.5%, and the share of the export of cheeses and curds on the total export from the CR into the EU increased from 10.1% to 19.7%.The key movement forces in the dairy industry in the Czech Republic also are changes in the cost effectiveness; the foreign capital; and key forces resulting from the factors in the macro-environment – the integration of the Czech Republic into the European Union, the government interventions and changes in the government policy.

scholarly journals Potential of open data in the Czech Republic

2016 ◽  
Vol 3 (1) ◽  
Author(s):  
Jan Boubin
Keyword(s):  
European Union ◽  
Economic Development ◽  
Czech Republic ◽  
Innovation Management ◽  
Open Data ◽  
Current Situation ◽  
The European Union ◽  
The Czech Republic ◽  
The Government ◽  
Further Development

The paper Potential of open data in the Czech Republic deals with the current situation of open data government and autonomous institutions in the Czech Republic in comparison with other European Union countries (Great Britain, France, Belgium, Austria, Estonia, ...) and defines the possibilities of open data economic development of the Czech Republic. Methodology of the paper includes a search resources dealing with the issue of open data in the Czech Republic and the European Union, comparing the obtained data, the analysis of obtained data and draft of recommendations for further development. The first part is an evaluation of the current situation and the situation compared with other EU countries. Further conditions for further development and evaluation of the potential of open data for the Czech Republic. The final section of the paper deals with evaluation of possibilities open application data management processes of companies in the Czech Republic in terms of strategic and innovation management. The result is an overview of the potential use of open data in the context of economic development and an estimate of the trend in applications open at the government level.

It Takes a Village to Implement a Judgment: Creating a Forum for Multi-Stakeholder Involvement in the Czech Republic

2020 ◽  
Vol 12 (1) ◽  
pp. 193-198
Author(s):  
Vít Alexander Schorm
Keyword(s):  
Human Rights ◽  
Czech Republic ◽  
Stakeholder Involvement ◽  
The Czech Republic ◽  
European Court ◽  
National Implementation ◽  
Protection Of Human Rights ◽  
The Government ◽  
Multi Stakeholder

Abstract In this practice note, the Government Agent of the Czech Republic before the European Court of Human Rights and other international bodies for the protection of human rights reflects on national implementation, with the help of selected examples.

scholarly journals Implementation of R&D Results and Industry 4.0 Influenced by Selected Macroeconomic Indicators

2019 ◽  
Vol 9 (9) ◽  
pp. 1846 ◽  
Author(s):  
Jena Švarcová ◽  
Tomáš Urbánek ◽  
Lucie Povolná ◽  
Eliška Sobotková
Keyword(s):  
European Union ◽  
Czech Republic ◽  
Industry 4.0 ◽  
Economic Recession ◽  
Economic Policies ◽  
Close Link ◽  
The Czech Republic ◽  
Macroeconomic Indicators ◽  
The Business Cycle ◽  
The Impact

Successful timing of INDUSTRY 4.0 projects in businesses can be disrupted by the coming of a recession. The authors assume a close link between INDUSTRY 4.0 and research and development (R&D) projects. R&D projects are statistically internationally monitored and have a significant impact on European Union economic policies. This article explores the impact of the two economic recessions in 2009 and 2012–2013 on the number of R&D entities and human resources involved in R&D in the Czech Republic. The method of multivariate statistics with dummy variables was used. Research has shown that different sectors (business sector, government sector, higher education sector, and non-profit sector) show a different development of the number of R&D entities in times of economic crisis. The research findings indicate that current European Union grant support, tax relief, and other specific factors appear to be more important for the development of R&D projects in the Czech Republic than the effects of economic recession. In terms of longer time horizons, however, the effects of the business cycle cannot be ignored. In order to predict economic development, enterprises and other subjects can use leading macroeconomic indicators.

Section III. Prospects for Europe

1998 ◽  
Vol 165 ◽  
pp. 54-65
Author(s):  
Julian Morgan ◽  
Florence Hubert ◽  
Dawn Holland ◽  
Dirk te Velde ◽  
Véronique Genre
Keyword(s):  
Czech Republic ◽  
Economic Performance ◽  
Growth Rates ◽  
Rapid Growth ◽  
Swiss Franc ◽  
The Czech Republic ◽  
Eu Countries ◽  
Real Gdp ◽  
Second Year ◽  
The Eu

Activity picked up markedly in the EU area last year; growth was estimated to have been 2.6 per cent compared with 1.8 per cent recorded in 1996. However the aggregate movement masks some significant divergences in economic performance. Growth was relatively modest, at between 2–2½ per cent in Germany, France and Austria, whilst Italy and Sweden recorded growth rates below 2 per cent for the second year running. The fastest growth was achieved in the Irish Republic where output expanded by over 10 per cent last year, following cumulative growth of 27 per cent in the previous three years. Finland also recorded rapid growth of nearly 6 per cent and nearly all the remaining EU countries enjoyed growth rates of 3 per cent or above. Outside the EU, activity remained robust in Norway, Poland and Hungary but was markedly weaker in the Czech Republic and Switzerland. Indeed real GDP has barely changed in Switzerland since 1990, partly reflecting the strength of the Swiss franc, although there are now signs that growth will be stronger in 1998 as the franc has depreciated since the end of 1995.

scholarly journals Subsidies for the organic agriculture

2008 ◽  
Vol 53 (No. 9) ◽  
pp. 393-402 ◽  
Author(s):  
J. Jánský ◽  
I. Živělová
Keyword(s):  
Czech Republic ◽  
Organic Farming ◽  
National Economy ◽  
Organic Agriculture ◽  
Agricultural Production ◽  
Organic Farms ◽  
The Czech Republic ◽  
Eu Countries

The paper presents selected results of the research intent No. MSM 6215648904 “Czech national economy in processes of integration and globalization and the development in sectors of agriculture and services under conditions of European integrated market“. Its authors evaluate the effects of subsidies on the development of organic farming in the Czech Republic and in some selected EU countries. In the Czech Republic, the height of subsidies for the organic farming is continuously increasing. In 1998, the total amount of subsidies was 48 million CZK while in 2004 it increased to nearly 277 million CZK. Numbers of organic farms as well as the area under organic farming increased in dependence on the subsidies for this form of agricultural production.

Development of Commercial Law in the Slovak Republic - Outline of problems

2016 ◽  
Vol 8 (1) ◽  
pp. 81-90
Author(s):  
Mojmír Mamojka ◽  
Jacek Dworzecki
Keyword(s):  
Czech Republic ◽  
Slovak Republic ◽  
Ancient Egypt ◽  
Legal Regulations ◽  
Independent State ◽  
The Czech Republic ◽  
Trade Law ◽  
The Creation ◽  
The Republic ◽  
The Government

The article concerns the issue of trade law in the context of its evolution and the current realities of its being in force in Republic of Slovakia. In the paper the authors present an historical view of the creation of legal regulations about trade from ancient times to present days. In the first part of the paper the political system and its components are discussed. The reader will be able to acquaint themselves with the functioning of the apparatus of executive power (the government and ministries), legislative power (the parliament consisting of 150 members) and judiciary (independent courts and prosecutors) in the Republic of Slovakia. Moreover, this part of the article provides information about practical aspects of the creation of selected components of the constitutional legal order (e.g. parliamentary elections). In the second part, the paper covers the evolution of trade law over the centuries, approaches to regulations in Mesopotamia, based on, inter alia, the Code of Hammurabi, and also in ancient Egypt and Greece. Tracing the development of trade law over the centuries, the authors also present the evolution of legal regulations in this field in the XIX century, with particular reference to France, Germany and Austria-Hungary (especially the territory which today forms the Czech Republic and the Slovak Republic). In the last part of the article, the forming of regulations of trade law in Czechoslovakia from 1918 and during subsequent periods which created the history of that country, to the overthrow communism and the peaceful division of the state in 1993 into two separate, independent state organisms – the Czech Republic and Slovakia - is approached.

Entrepreneurship in Tourism Sector in Central European Country: Hospitality Trends in the Czech Republic in 2007 - 2016

2019 ◽  
Vol 9 (6) ◽  
pp. 1351
Author(s):  
Ladislav MURA ◽  
Patrik KAJZAR
Keyword(s):  
Czech Republic ◽  
Unemployment Rate ◽  
Moderate Increase ◽  
Sources Of Information ◽  
Real Wages ◽  
The Czech Republic ◽  
Central European ◽  
Tourism Sector ◽  
Macroeconomic Indicators ◽  
The Impact

The aim of this paper is to evaluate the impact of occupancy in accommodation establishments in the Czech Republic at an average pace of real wage growth (%), GDP (%) and unemployment rate (%) in the period 2007-2016. The main sources of information utilized in contributions are based on tourism statistics and selected macroeconomic indicators obtained from the website of the Czech Statistical Office. The data was analysed using SAS software. The authors use regression analysis. It deals with dependence of the quantitative variable on one or more quantitative variables. The main results of this survey indicate an increase of  occupancy in collective acommodation establishements in the Czech Republic between 2007 - 2016, as well as a moderate increase was detected in  real wages and the GDP. While detecting an  increase of  occupancy in collective acommodation establishements in the Czech Republic, the fall of unemployment rate was recognized.

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