Tag: Dispute resolution
MEDIATION: An approach to dispute resolution
Reading Time: 3 minutes Mediation: An approach to Dispute Resolution Mediation is an ADR method where a neutral mediator facilitates negotiation between disputing parties. Unlike litigation or arbitration, a mediator facilitates discussion, fosters understanding, and helps parties reach an agreement. Mediation is voluntary, confidential, and often a quicker, more cost-effective way to resolve conflicts compared…
Trade Wars Explained: Causes, Global Effects, and Solutions
Reading Time: 9 minutesTrade Wars: What They Are and Why They Matter An economic conflict arises when countries attempt to challenge or eliminate another nation’s dominance in international trade or market share. It may also occur when financial pressure is used to achieve political objectives. Major economies or arch-rivals start a “trade war,” turning it…