International Internet Magazine. Baltic States news & analytics
Friday, 20.01.2017, 11:58
The new term "retirement economy", as no other one, characterises realities not only of the modern labour market, but also of the world economy. The adverse demographic situation in the Baltic States allow speaking about the inability of the present retirement system for future pensioners. Besides low birth rate it is necessary to mention substantial out-migration of able-bodied population to other countries with good working opportunities. The adverse demographic situation and labour migration are the basis of pessimism and non-confidence of the population, especially of the youth, in the state retirement system.
Keyword tags: Economic History, Economics, EU – Baltic States, Financial Services, Labour Unions, Latvia, Pensioners
Estonian Justice Minister Urmas Reinsalu has convened a committee, the aim of which is to take the next step in calculating occupation damage, reports LETA/BNS.
Estonia's Minister of Culture Indrek Saar intends to declare the dam of the Linnamae hydroelectric power plant on Jagala River in North Estonia a cultural monument, reports LETA/BNS.
Executive Secretary of the the United Nations Framework Convention on Climate Change (UNFCCC) Patricia Espinosa in her article in Huffington Post, underlined the urgency of states’ actions in climate actions and sustainability. The current rate of progress will only deliver success through every one’s extensive sustainability efforts…
The differences abound both in the ways the three Baltic States re-established their independence and pursued courses in socio-economic development. It seems that at a time when most global states are “blocking” to make life easier, the Baltic States need a “common course”, which our magazine has advocated for long…
We live in a world, which is becoming increasingly urban. Over 54% of people across the globe were living in urban areas in 2014. The current urban population of 3.9 billion is expected to grow to some 6.4 billion by 2050.