Since the beginning of the full-scale war in Ukraine, the import of goods and services from Russia and Belarus has decreased nearly tenfold, while exports have increased, according to the recent short report by the Foresight Centre.
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In Estonia, culture and sports are mostly reliant on public funds, while in the Nordic countries, for example, these sectors see significantly more private investment from companies and private individuals. In a recent short report, the Foresight Centre highlights how these sectors could receive over ten million euros more annually if Estonian companies raised their financial donations from the current 0.5% to 3%.
On behalf of the Foresight Centre, economists from the University of Tartu analysed the bottlenecks of Estonian economic policy and made proposals to increase the competitiveness of the economy.
There are several variables that affect the future need for teachers in schools in Estonia, from the number of pupils to the use of education technology. To understand the effect that the various factors have, the Foresight Centre has created a calculator for estimating the need for teachers, which can be found on its website.
Ukrainian refugees from the war have integrated in the labour market in Estonia more successfully than they have in those in other countries, but there remains room for improvement in matching the qualifications of those arriving from Ukraine with appropriate jobs concludes a report published today by the Foresight Centre on how Ukrainian refugees have affected employment and the economy.
Experts see digitised cell line development as one of six key deep technologies for Estonia, with a breakthrough expected within the next twenty years. Estonia’s possibilities in this field are mainly linked to pharmaceutical development and personalised medicine, shows the Foresight Centre in its recent brief report “Digitised Cell Line Development: State of Play and Prospects”.
The need for chips will skyrocket in the coming decade and experts are seeing opportunities opening up for Estonian businesses in chip design and verification and the testing of the security of chips, the brief report “Embedded Systems and Chip Technologies: The State of Play and Prospects” by the Foresight Centre reveals.
In order to enhance the competitiveness of Estonian economy and ensure sustainable development, we need to increase our investments into developing green technologies. Estonia’s weak point is that the state support for research and development in local businesses is inadequate and erratic, shows the Foresight Centre report “Green Transition Trends and Scenarios in Estonia”.
Wood-based bio-products could come to replace oil-based ones, and Estonia has a strong economic potential in bio-refining, both in the stage of research and development as well as production, says the Foresight Centre brief report “Biorefining Wood: Today and in the Future”.
Producing and consuming cultured meat could dramatically reduce the environmental footprint of food production and help improve public health. The research and development linked to the production of meat substitutes offers a massive economic opportunity for Estonia, says Foresight Centre in its brief report “Cultured Meat and Other Meat Substitutes: Today and in the Future”.