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Report: New tools for evaluating emissions reduction measures in transport
The aim of environmental policy in the transport sector is to plan and select measures that reduce emissions cost-effectively. However, there have not yet been established principles and tools in place for examining the cost impacts of the measures. In its work, the Holistic Economic Evaluation of Transport Emission Reduction Measures (HEETRA) project has developed models and principles for calculating the emissions and costs of passenger and freight traffic that can be used to comprehensively examine the cost impacts and cost-effectiveness of climate policy measures in the transport sector.
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Study: Global changes require the state to play a more active role in steering the economy
In future, the state will need to play a more active role in steering the economy. According to a study published on 26 April, short-term shocks, such as the COVID-19 pandemic and the war in Ukraine, have required the active involvement of states to ensure the sustainability of their economies and societies.
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Study: Finland’s spending limits system needs a reform, as the current rules do not function effectively in unexpected crises
The regulatory framework of Finland's fiscal policy has faced several crises that have revealed its ineffectiveness in dealing with unexpected situations. The system should be reformed and its operating model clarified, finds a recent study conducted by the Research Institute of the Finnish Economy (ETLA) for the Government. According to the researchers, the budgetary framework should distinguish between the operating procedures for normal economic cycles and exceptional crises. Independent monitoring of the regulatory framework should be intensified, while the relationship between the national and EU-level regulations should be clarified.