In order to remain competitive, higher education institutions will need to adapt faster to the needs of the education market, says the Foresight Centre Report “The Future of Higher Education. Development Trends until 2035”, published yesterday. In the next decade, the need for continuing education will increase significantly, which will require greater flexibility from higher education institutions and the state in regard to forms of study.
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In order to achieve optimal financing, students should cover 20% of the higher education expenditure, says the Foresight Centre Report “The Future of Higher Education. Development Trends until 2035”, published today, on 8 June.
The sustainability of Estonia’s transport system mostly depends on Tallinn and Harju County, which contribute nearly 50% of the total mileage of all the vehicles in Estonia, says the report of the Foresight Centre “The Future of Mobility. Development trends up to 2035“, which is now published in English.
Estonia boasts a higher percentage of university graduates than most Central and Eastern European countries, yet compared to other OECD members, our students work more while studying and also drop out more often, shows the Foresight Centre brief report “Higher Education in Estonia: Situation and Challenges”.
The question of funding higher education is becoming an increasingly hot topic in Estonia as the annual deficit is already exceeding EUR 100 million. Today, 1 February, the Foresight Centre is organising a webinar “Who should foot the bill for higher education?” to discuss the main trends in funding higher education in European countries.
Estonian residents underestimate the risk of needing long-term care according to the Foresight Centre report The Need for Long-Term Care in Estonia. One in two of the now 65-year-old Estonian residents will need long-term care services in the future.
Estonia has the lowest asset taxes in the European Union, the brief report “Asset Taxes in Estonia and in European countries” by the Foresight Centre reveals. If asset taxes amounted to the average level of the European Union, over 500 million euro would be received additionally in the state budget.
The corporate income tax in Estonia is the highest in the Baltics but among the lowest in the European Union, shows the Foresight Centre brief report “Corporate tax in Estonia and European Countries”. The future taxation of businesses is likely to be impacted by the collective attempts of countries to eliminate tax gaps.
The tax burden in Estonia is one of the lowest in the European Union and according to the data of 2019, it reaches 33.3% of gross domestic product, the brief report of the Foresight Centre of the Riigikogu (Parliament of Estonia) “Tax Trends in Estonia and in the European Union” shows. Estonia is also one of the three member states of the European Union with the least tax incentives and derogations. In the future, rapid changes in society will reduce the possibility to finance public spending from labour taxes in the current extent.
The taxes on alcohol and tobacco in Estonia are among the greatest in the European Union, the brief report of the Foresight Centre of the Riigikogu (Parliament of Estonia) shows. Alcohol and tobacco excise duties form 4.8% of the tax revenue in the state budget of Estonia.