Predicting Trade Conflict Outcomes using a Third-Party Intervention Model
Journal Title: International Journal of Modern Research In Engineering & Management. - Year 2018, Vol 1, Issue 11
Abstract
As anti-import sentiment and protectionism have been increasing, more papers have focused on using theories to explain or resolve them. However, most research has focused on disputes involving larger nations such that there is not much relatable information for disputes such as the one between South Africa and Zimbabwe. The aim of this paper was to bridge the knowledge gap by using the graph model for conflict resolution and the decision support software GMCRII to simulate possible responses to this regional trade conflict. This thirdparty intervention model will assist in investigating and prescribing a diplomatic solution with fair compromise to resolve the unequal trade problem between Zimbabwe and South Africa without harming the economies of both the countries. This research found that a peaceful resolution of the disagreement could be found by the addition of a third-party to help in the conflict resolution thereby ending the prolonged trade conflict. This undertaking will serve as a template for modelling and predicting an outcome in the event of third-party intervention for future trade disputes involving regional trade partners with emerging or developing economies such as those that exist in Africa
Authors and Affiliations
Rejoice Nyatsanza
Keywords
Related Articles
- EP ID EP437291
- DOI -
- Views 144
- Downloads 0
Influence of Doping on the Structural, Optical Properties and Dispersion Parameters of CdO Thin Films
Un-doped and bismuth (Bi) doped cadmium oxide (CdO) films were deposited on glass substrates by chemical spray pyrolysis method at (400℃) temperature. The effect of Bi concentration (1,3 and 5 wt %) on the structural, op...
Analytical Solutions for One-dimensional Advection-dispersion Equation with Uniform and Varying point source in a Heterogeneous Porous medium
In this study, analytical solutions for one-dimensional advection-dispersion equation in a semi-infinite porous domain with temporally dependent dispersion coefficients are considered. Seepage velocity is taken inversely...
Analysis and Implementation of Solid-State Relays in Industrial application For Instantaneous Current Supply
There are many applications and circumstances where switching devices are required for proper operation, controlling and isolating the high power and low power systems. The most widely used switching devices are electrom...
Synthesis of Faujasite Zeolite (Z) for Adsorption of Cationic Dye from Textile Waste Water
The synthesis of Faujasite Zeolite from Locally available Erusu Kaolin clay sourced in Nigeria has been attempted using standard procedures which have proven sufficient upon slight modifications and reported in literatur...
Moisture Adsorption Isotherms Characteristics of a New Moisture Adsorbers
The purpose of the study was to analyze the effect of the replacement rate of the most hygroscopic moisture adsorber on the adsorption properties of a new moisture adsorbers formulated. Moisture adsorption isotherms of t...