Since the industrial revolution, countries have been facing the issue of climate change and environmental degradation. It is widely believed that the investment in research and development of renewable energy can play a pivotal role in fighting against climate change. However, the financial risk also increases, which can influence renewable energy technology R&D budgets and environmental sustainability. Nevertheless, the current literature is silent on the linkage between financial risk, renewable energy technology budgets, and environmental quality. Against this backdrop, this article attempts to explore the dynamic linage between financial risk, renewable energy technology budgets, and ecological footprint under the Environment Kuznets Curve (EKC) framework in Organization for Economic Cooperation and Development (OECD) countries. For this purpose, yearly data from 1984 to 2018 is employed using the advanced panel data estimation methods that address the slope heterogeneity and c
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Why Centralizing Education is Bad for St. Martin
The full title if this article by Rhoda Arrindell (shared by House of Nehesi Pubslishers) is “Why Centralizing Education is Bad for St. Martin and St. Martiners, in Both Territories (Part 1).”
It is no mystery that when a nation wants to measure its growth and development as a nation, it looks at the outputs of its education system to see if the investments in education have yielded the expected returns. This should be no different for St. Martin.
Considering the investments in education in St. Martin over the years (from 1849 in the North and 1850 in the South) and with the recent announcement by The Hague that it will move to centralize education, among other areas, in St. Martin, I believe this is an opportune time for us to more closely examine the efforts and outputs of our education system(s). Such an examination would permit us to see how the latest attempts by Europe will impact the growth of the St. Mart