A Fast Third-Step Second-Order Explicit Numerical Approach To Investigating and Forecasting The Dynamic of Corruption And Poverty In Cameroon
Eric Ngondiep

TL;DR
This paper introduces a new explicit numerical method for efficiently modeling the dynamics of corruption and poverty in Cameroon, providing stability and accuracy analysis along with numerical validation.
Contribution
It develops a third-step second-order explicit numerical approach specifically designed for nonlinear systems, with proven stability and error estimates, applied to socio-economic issues.
Findings
The method is less zero-stable and second-order accurate.
Numerical examples validate the theoretical stability and accuracy.
Application to Cameroon’s corruption and poverty dynamics demonstrates practical utility.
Abstract
This paper constructs a third-step second-order numerical approach for solving a mathematical model on the dynamic of corruption and poverty. The stability and error estimates of the proposed technique are analyzed using the -norm. The developed algorithm is at less zero-stable and second-order accurate. Furthermore, the new method is explicit, fast and more efficient than a large class of numerical schemes applied to nonlinear systems of ordinary differential equations and can serve as a robust tool for integrating general systems of initial-value problems. Some numerical examples confirm the theory and also consider the corruption and poverty in Cameroon.
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Taxonomy
TopicsMonetary Policy and Economic Impact · Economic theories and models · Complex Systems and Time Series Analysis
