200,000 new jobs
The atrophying cycle of our economy must be broken. We need 200,000 new jobs in the private sector within the next ten years. This calls for increased growth, particularly in new fields, such as bioeconomy and creative industries. Our traditional fields of industry also need to be reformed and reinforced.
A social contract is necessary to improve the competitiveness of our companies. Taxation must encourage entrepreneurship, risk-taking and work. Regulations that restrict activities and competition must be removed. We must eliminate the selective deliberation process concerning foreign workforce from non-EEA countries.
The focal point for a traffic infrastructure policy that supports business and the daily lives of citizens should be shifted from new and expensive undertakings to the maintenance of existing roads, railways and other channels of transport.
Working careers must be extended. In addition to a feasible pension solution, we need to promote early entry into working life, to maintain and rehabilitate working abilities, to take advantage of the abilities of those with partial disabilities, and to further improve wellness in the workplace. The labour market should be reformed in a way that both strengthens employee security and increases flexibility for employers.
Social security needs to be developed to secure the basic subsistence for each person as well as to encourage people to seek and accept work. The impact of a universal basic income system must be tested and developed through regional trials.
We must find ways to accelerate investments and to raise the proportional share of product development and research activities to approach the targeted four per cent of the gross national product. Instead of introducing the Estonian tax system, companies can be encouraged to this by establishing a modified reserve system for undistributed profits.