The Baltic States have a three-tier pension system. Pillar II is the state funded pension scheme in which contributions are made automatically from an employee’s gross salary as part of social contributions. The contributions to Pillar II state funded pension schemes may be invested in several pension plans with different risk ratios of which three types are the most common: active, balanced and conservative ones. The accumulation of funds and consequently a partial amount of an old-age pension depends on the chosen pension plan and the manager of funds. The research aim is to assess the operation efficiency of the state funded pension schemes in the Baltic States. The research mainly employs and provides the analysis on the statistical data on the value and return of assets and number of Pillar II scheme participants. Theoretical discussion is built upon the use of scientific publications by means of monographic descriptive method, correlation and regression analyses as well as the methods of analysis and synthesis. In Latvia, 25.62% on average of all state funded pension plans participants have chosen conservative strategy, while only 8.36% on average have chosen this strategy in Lithuania. In Estonia (75.49%) and Lithuania (69.13%), the majority of assets are accumulated in the balanced strategy pension plans. The research results show that pension plans have positive return in long-term; though, sharp fluctuations and negative return might be demonstrated in short-term. Both in Lithuania and Latvia exists a negative correlation between Pillar II pension schemes and inflation, i.e. the return of a pension scheme decreases with the increase of inflation meaning that inflation alongside with other economic and political factors might be considered as a factor affecting the return of pension schemes.

Performance is a concept which is critical to both conventional businesses as well as social enterprises. However, for the latter, performance is closely tied to social impact which social enterprises and governments supporting the social entrepreneurship field are seeking to achieve. Despite the criticality of the topic, in Latvia performance of social enterprises has not been analysed in detail before; therefore, this study serves as a valuable starting point for discussions and evidence-based policy and also as a benchmark for future development in the field. Research results indicate that the Latvian social enterprises regard their performance across the social dimensions to be stronger, compared to their results in the business/financial dimensions. A greater balance between the social and businesses/ financial performance dimensions is desirable, providing ample space for interventions aimed at strengthening the business skills and capacities of social enterprises, paying particular attention to those engaged in work integration.

It is generally estimated that gas, which generates more than half of the greenhouse gas (GHG) emission from waste industries in landfills, is seen as a serious environmental problem worldwide. It is therefore essential to promote management methods to reduce GHG emissions from landfills as well as other sources. One way of achieving this is the usage of different types of biocover applied to them. The aim of this study is to clarify the impact of the biocover created on GHG emissions. An experiment was conducted in laboratory conditions that studied the effectiveness of biocover developed in the laboratory. Three experimental columns with a diameter of 160 mm and a height of 1500 mm were created. Active compost saturated with water at a thickness of 500 mm was used as a source of methane, a permeable layer of sand at a thickness of 300 mm was further formed and finally covered with biocover. Biocover represented 60% of fine-fraction waste, 20% of soil and 20% of compost. The experiment was launched on June 6, 2022, and the first measurements were made two weeks later. All measurements were performed with the CRDS gas measurement device Picarro G2508 (Picarro Inc., USA California). All data analysis was carried out using Descriptive statistics methods. The largest reduction in emissions is projected directly for methane emissions, as biocover technology is appropriate to reduce methane emissions. Other GHG emissions are also expected to be reduced. NH3 emission measurements were also carried out to investigate the impact of the biocover on it. This experiment shows that the biocover created is effective and can be composed of material that has already been served. The experiment is intended to continue to obtain long-term data on the development of biotransformation and to develop more promising approaches in the future to reduce GHG emissions from landfills.

Not only does construction activity in the regions play a crucial role in the regional development, as it not only provides employment opportunities and thus contributes to the well-being of the population, but also creates favourable conditions for access to modern housing and requires the mobility of human resources to the regions. At the same time, construction in regions and rural areas often implies more difficult conditions than in urban environments, which are associated with both funding opportunities and working conditions. The availability of financial investments to the private sector is limited for the construction of housing outside Riga and Pierīga region, which significantly reduces construction opportunities in the regions of Latvia. The study evaluates the possibilities of obtaining new housing in the regions of Latvia, analyses the trends in construction volume and costs from 2015, modelling forecasts until 2026. The study looks at various economic instruments that could contribute to the development of construction and new housing in the regions. The study uses surveys of municipalities, entrepreneurs and experts in the field of construction, in-depth interviews, focus groups and statistical data processing methods. It has been concluded that Latvian entrepreneurs tend to postpone investments or invest only in the economically strongest moments, which further aggravates the gap between urban and rural areas. The trends identified in the study indicate a possible further direction of stagnation or recession in the construction sector of new housing in the regions of Latvia, which will directly affect regional development in the next five years. The study highlights the necessary interventions for more productive regional housing stock cohesion.

Social benefits are essential in providing support to families with children, especially in the first years of the child’s life as well as to families at risk of poverty (large families, parents raising a child alone). Social insurance benefits ensure parents with income while taking care of a child. Latvia’s strategic planning documents have defined social protection for families with children as one of the priority areas for several planning periods simultaneously emphasising the need to increase social security and promote the birth rate in the country. The research aim is to assess the social benefits system for families with children in Latvia. The research results allow concluding that the expenditure for social support for families with children as percentage of GDP in Latvia is lower than the average EU Member States indicator as well as it is the lowest one among the Baltic States. Support for families with children in Latvia is gradually growing; however, it is necessary to regularly increase the childbirth allowance taking into account inflation in order not to worsen the financial situation of these families as well as to allocate a larger proportion of GDP to support families with children in Latvia.

A review of the available literature revealed that there was no information about public opinions on start-ups; therefore, the authors set the main aim to theoretically examine the nature of start-ups and identify the opinions of residents on start-ups in Latvia. The specific research tasks were defined as follows: 1) to conduct a theoretical review of literature on start-ups and the ecosystem thereof in Latvia; 2) to identify the knowledge and opinions of residents aged 18 to 75 about start-ups in Latvia. As part of the present research, the authors conducted a survey in Latvia to identify the population’s knowledge of start-ups, differences between start-ups and other kinds of enterprises as well as the role of start-ups in entrepreneurship. The research employed the monographic and descriptive methods, the descriptive statistics method and a sociological method – an Internet survey using quota sampling. The survey was conducted in January 2023 and involved 1005 respondents throughout Latvia. The survey found that most of the respondents (73%) generally knew or had heard about start-ups and, according to the respondents, the main features that distinguished start-ups from other kinds of enterprises were innovation (54%), use of modern technologies (48%) and fast growth (41%). 63% of the respondents who had heard about start-ups noted that the start-ups, compared with other kinds of enterprises, were generally important for further development of the business environment in Latvia.

Late-life suicide is a significant public health concern that has been associated with a range of social and individual factors. Social factors, such as social isolation, lack of social support, and financial stress, regional differences can contribute to the risk of suicide in older adults. Individual factors, such as depression, anxiety, and other mental health disorders, as well as physical health problems and chronic pain, have also been associated with an increased risk of suicide in older adults. Understanding the social and individual factors that contribute to late-life suicide in both Latvia and Norway is essential for developing effective prevention and intervention strategies to address this issue. The novelty and aim of research on social and individual factors of suicide among older people lie in understanding the unique risk factors that contribute to late-life suicide both in urban and rural areas. While there is existing research on suicide in general, there are various factors that contribute to suicide risk in older adults. Regional differences are often different from those that affect younger populations. Therefore, research on social and individual factors of suicide among the older persons aims to identify these unique risk factors and develop tailored prevention and intervention strategies that address the needs of older adults. There is still a need for further research to understand the specific social and individual factors that contribute to this issue in rural and urban areas.

The energy-intensive timber industry enterprises have a significant role in Latvia’s manufacturing sector, contributing to the country’s sustainable economic development. They maintain the economic well-being of residents of Latvia’s rural regions and represent a substantial proportion of output value and export volume in the manufacturing sector and the state economy. Due to surging energy prices that negatively impact production costs, it is more difficult for enterprises to compete in foreign markets. The study aims to analyse energy consumption trends in timber industry enterprises in Latvia to propose activities for reducing energy costs, thus promoting the international competitiveness of timber industry enterprises. The analysis is based on data from Europe’s power market Nord Pool and databases of the Official Statistics Portal of Latvia. Methods used: statistical data analysis using time series analysis and expert interviews. The research results show that a significant threat to the competitiveness of enterprises is the increasing price of electricity, which is the second most consumed energy resource, accounting for nearly 15% of the total annual energy consumption of timber industry enterprises. To address high electricity costs, enterprises have the opportunity to install solar panels. Calculations show that, at an electricity price of 0.198 EUR per kWh, investments could lead to a five-year payback period with an ROI of 7.52%. At a lower electricity price of 0.13 EUR per kWh, the payback period would extend to ten years but still provide a reasonable ROI of 5.2%.