News

The Coronavirus epidemic is a catalyst that amplifies several long-term trends. About a year ago, I called attention to the fact that global economy is regionalising: in the future, an increasing part of international trade will take place within regional blocks, not between them. Long supply chains that stretch across the world, and the concentration of certain stages of production into certain countries – most notably, of course, China – do indeed help to enhance efficiency, but also increase the risks.

The Foresight Centre is launching a new monitoring project to study the impact of the changing global forces on Estonia’s development. The study will result in key options and decision-making points.

The Foresight Centre developed three scenarios that represent the financial situation in 2050 of people who had received an average salary and have recently retired.

The change of generations and the general increase in well-being has made success-orientation give way to a mind-set that appreciates creativity, community, and immediate environment, shows a study conducted by the Foresight Centre.

The Economic Affairs Committee approved the Action Plan of the Foresight Centre for the next year. The Action Plan will focus on five research topics: changing of global lines of power, international maritime economy, national and cross-border mobility, future health care and future of business environment.

Studies of the Foresight Centre have resulted in four regional economy development scenarios for Estonia, which help to visualise the nature and location of economic activities in 2035, as shaped by a confluence of factors.

Although Estonia’s pension system is sustainable, it does not ensure financial well-being for the future elderly, and people must take increasing responsibility in securing their future, says the study of the Foresight Centre.

The study commissioned by the Foresight Centre shows that during the next 15 years, the development of the rural regions of Estonia is the most affected by technological innovation in industrial production and population trends and the spread of new forms of working.

At the seminar organised by the Foresight Centre and the Office of the Chancellor of Justice, researchers and practitioners working with children discussed the well-being of Estonian children, and focused on the bottlenecks and possibilities of measuring it.

Highly specialized, world market-leading, often family-owned companies are known as „Hidden Champions”. The value chains of the these ‘Mittelstand’ companies are global. This seminar will explore the challenges and opportunities of German Mittelstand companies when transferring business practices to Brazil from cultural and institutional perspectives.