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The Estonian wood and paper industry resisted the economic impacts of the first wave of the coronavirus better than the average, the Foresight Centre report “The Impact of Virus Crisis on the Estonian Economy” shows. The turnovers of the industry started to recover already in June.

In Estonia, the information technology and communications sector was the least hit by the first wave of the coronavirus in spring, while accommodation providers, caterers and travel agents found themselves in the most difficult situation, the Foresight Centre report “The Impact of Virus Crisis on the Estonian Economy” shows.

The Foresight Centre is conducting a study on the impact of COVID-19. The aim of the study is to provide assessment of the upcoming changes in economy, considering the risks and opportunities.

The COVID-19 pandemic has the potential to disrupt energy systems around the world. While much has been said and written about the immediate to medium-term impacts from the virus, this webinar will take on the daunting task of discussing the energy outlook for 2040 and beyond.

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.