A statement on the Supreme Court decision
Business Announcement
Updates every hour. Last Updated: 19-Jun-2025 11:10 ET (19-Jun-2025 15:10 GMT/UTC)
As experts dedicated to providing patients with compassionate, evidence-based care every day, we are disappointed in the United States vs. Skrmetti decision, which increases the likelihood that other states will limit or eliminate families’ and patients’ ability to access medical care.
A sweeping new analysis finds that rising global temperatures will dampen the world’s capacity to produce food from most staple crops, even after accounting for economic development and adaptation by farmers.
Abstract
Purpose – This study examines the convergence of energy diversification, financial development and per-capita income in OECD countries.
Design/methodology/approach – The research employs the club convergence test to assess convergence among OECD countries and uses Granger causality tests and panel regressions to identify the determinants of convergence, using data from 1997 to 2021.
Findings – The convergence tests showed no overall convergence but revealed convergence clubs for each factor. Granger causality tests indicated short-run bi-directional relationships between the variables. Long-run panel regression analysis confirmed that technological progress significantly improves per capita income and energy diversification. Additionally, it revealed bi-directional relationships between energy diversification and financial development, a uni-directional relationship from financial development to per capita income and a U-shaped effect of per capita income on energy diversification, with a turning point at $67,112.8 per year.
Practical implications – The findings suggest that within each convergence club, implementing microeconomic incentives for technology development and diffusion in energy, production, and financial services could help lagging countries catch up.
Originality/value – This study pioneers the testing of convergence in energy diversification, financial development and per capita income in OECD countries and identifies the determinants of this convergence.
The latest annual meeting for the Global Education Deans Forum brought together 53 representatives from 40 institutions across 29 countries in Shanghai and Lijiang, China. An article published online in ECNU Review of Education on May 27, 2025, attempts to capture how a group of global education leaders view the promise and perils of AI amidst a rapidly changing educational landscape.