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Impact of Socio-Political Factors on Trade Conflict Relationship

Shabir Ahmad Bhat

Professor
The Business School
University of Kashmir
Jammu & Kashmir, India

Mohammad Idrees Ul Islam

Ph.D Scholar
The Business School
University of Kashmir
Jammu & Kashmir, India

Abstract

Theory is no different from practical. Researchers have mostly focussed on conflict impacts that are economic in nature, such as shifting of human resource, inequality in incomes, exploitation of natural resources and change in national level economic indicators. Greed may have a significant weightage in a conflict. But other socio-political factors may also be a reason for an unrest and facilitate explanation. Globalization has paved the way for betterment of life, but it should be done in a well-planned manner in order to ensure peace. Trade and conflict share a relation which is very complicated in which various others variable are also at play. One needs to take those factors into consideration before forming an opinion about trade conflict relationship.

Keywords: Political Conflict, Conflict, Trade Conflict Relationship, Socio-political Factors.

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