An independent think tank at the Riigikogu Foresight Centre plans to carry out three new monitoring projects
In 2019, the Foresight Centre plans to carry out three new monitoring projects: the condition of Estonian human resources, the financial well-being of the future elderly, and the evolution of regional development.
The central objective of the studies on regional economy is to identify the regional economy development scenarios in Estonia. The study should conclude with alternative scenarios for 2035.
The monitoring project on analysing the financial well-being of the future elderly assembles the existing studies and will result in scenarios on how to finance old age. Significant developments and needs for decision-making are also identified, along with their implications.
The human resources studies focus on assessing the quality of human resources from a so-called broader perspective, i.e. the attitudes, values, and well-being of the people. This is a meta-analysis where the developments are viewed in relation to the scenarios that have already been created or will be created.
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27.06 2025Current low birth rate will lead to up to 1.3 billion euros less tax revenue in the future
In its new short report “The impact of population ageing and low birth rate on long-term state revenue and expenditure”, the Foresight Centre notes that the lower than projected birth rate will reduce government spending on family policy and education, but in the long term, it will mean up to 1.3 billion euros less in tax revenue.