THE IMPACT OF CPEC ON PAKISTAN ECONOMY: AN ANALYSIS FRAMEWORK
Main Article Content
Abstract
The China-Pakistan Economic Corridor (CPEC) has been a major topic of discussion and debate in recent years, with many arguing about its potential impact on Pakistan's economy. This paper aims to analyze the mechanisms through which CPEC will impact Pakistan's economy. The paper begins with an introduction to CPEC and the Pak-China cooperation before delving into the specific subtopics of infrastructure, energy, and economy. We examine the infrastructure projects that are being built as part of CPEC, including roads, railways, and ports, and explore how these projects are expected to improve Pakistan's transportation and logistics capabilities. We also investigate the energy projects that are part of CPEC, which are expected to greatly increase Pakistan's energy capacity. Finally, the paper examines the potential impact of CPEC on Pakistan's economy, including its effects on the country's GDP, employment rates, and other economic indicators. In conclusion, this paper provides an analysis framework for understanding the potential impact of CPEC on Pakistan's economy, and suggests that the benefits of CPEC are likely to be significant.
Article Details
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
References
Abbas, A., & Ali, S. (2017). Nine Proposed priority SEZs Under CPEC & SEZ; An Approach to Industrial Develpment. Centre of Excellence CPEC, 1-21.
Afridi, M. K., & Khalid, I. (2016). The Politics of Interdependence: A Case of China-Pakistan Economic Corridor. South Asian Studies, 659-671.
Ahmad, I. (2021). Pakistan Economic Survey 2020-21. Islamabad: Minister for Finance and Revenue. .
Ahmed, S. u., & Ali, A. (2019). China Pakistan Economic Corridor and Pakistan’s energy security: A meta-analytic review. Energy Policy, 147-154.
Alam, K. M., & Li, X. (2019). Impact of Transport Cost and Travel Time on Trade under China-Pakistan Economic Corridor (CPEC). Journal of Advanced Transportation , 1-16.
Anwar, S. U., & Wuyi, Z. (2022). The resilient economic impact of CPEC and future of MNCs: Evidence from Pakistan. Frontiers in Environmental Science.
Aziz, R., & Ahmad, M. B. (2015). Pakistan’s Power Crisis; The Way Forward. Washington, DC: UNITED STATES INSTITUTE OF PEACE.
Begum, A. (2021). The Relationship Between Foreign Direct Investment (FDI) And Development: A Political Economy Analysis Of China Pakistan Economic Corridor (CPEC). VFAST Transactions on Education and Social Sciences.
Cole, J. (2019). The China-Pakistan Economic Corridor and the Gulf Crisis. The Gulf Monograph Series, 1-23.
CPEC. (2019, November 5). CPEC A GATE WAY TO PROSPERITY .
Ellis, C. D. (2021, June 30). Kyrgyzstan And The Belt & Road Initiative: Trans Central Asian Road & Rail Connectivity & Added Value Manufacturing Services. Retrieved from Silk Road Briefing: https://www.silkroadbriefing.com/news/2021/06/29/kyrgyzstan-and-the-belt-road-initiative-trans-central-asian-road-rail-connectivity-added-value-manufacturing-services/
Esteban, M. (2016). The China-Pakistan Corridor: a transit, economic or development corridor? Elcano Royal Institute, 1-9.
Hadim, S. (2019). An Overview of The Belt and Road Initiative. Retrieved from https://www.morethanshipping.com/an-overview-of-the-belt-and-road-initiative/
Hashimova, U. (2020, June 22). The China-Kyrgyzstan-Uzbekistan Transport Corridor Stretches Further Into China. Retrieved from The Diplomat: https://thediplomat.com/2020/06/the-china-kyrgyzstan-uzbekistan-transport-corridor-stretches-further-into-china/
Hassan, K. (2020). CPEC: A win-win for China and Pakistan. Human Affairs, 212-223.
Husain, I. (2017). CPEC-and-Pakistani-Economy: An-Appraisal. Islamabad: Centre of Excellence for CPEC Islamabad.
Hussain, E., & Rao , M. F. (2020). China–Pakistan Economic Cooperation: The Case of Special Economic Zones (SEZs). Fudan Journal of the Humanities and Social Sciences, 453-472.
Hussain, M. (2017). CHINA PAKISTAN ECONOMIC CORRIDOR (CPEC): CHALLENGES AND THE WAY FORWARD. MONTEREY, CALIFORNIA: NAVAL POSTGRADUATE SCHOOL.
Isaad, H. (2022). To Build or Not to Build: Keeping Pakistan’s Hydropower Reliance in Check. Energy Finance Analyst. Institute for Energy Economics and Financial Analysis.
Ishak, D., & Nadeem, M. H. (2019). Hybrid energy sources status of Pakistan: An optimal technical proposal to. Energy Strategy Reviews, 132-153.
Jabri, P. (2017, December 28). Maritime trade, pivotal in revolutionizing Pakistan’s economy.
Javid, Z. (2018, August 31). How CPEC can help Pakistan's chronic power shortage. Retrieved from China Daily: http://www.chinadaily.com.cn/a/201808/31/WS5b88e0d5a310add14f388e63.html
Khan, M. M., & Malik, A. R. (2016). China-Pakistan Economic Corridor A Game Changer. The Institute of Strategic Studies Islamabad.
Khan, M. Z., & Khan, M. M. (2019). China-Pakistan Economic Corridor: Opportunities and Challenges. Strategic Studies, 67-82.
Khan, M., & Khalid, I. (2016). The Politics of Interdependence: A Case of China- Pakistan Economic Corridor. South Asian Studies, 659-671.
Khan, N. A. (2018). Geo-Political Significance of Gwadar Port: Challenges and Prospects. Journal of Security and Strategic Analyses , 86-107.
Khokhar, M. K. (2021). Geo-Political and Geo-Economic Significance of CPEC for Pakistan (2013-2020). Lahore: University of the Punjab.
Khursheed, A., & Haider, S. K. (2019). China – Pakistan economic corridor: a harbinger of economic prosperity and regional peace. Asian Journal of German and European Studies, 1-15.
Liepach, W. E. (2017, February 7). National Transport Policy and Master Plan. Retrieved from Ministry of Planning Development & Special Initiatives: https://www.pc.gov.pk/web/press/get_press/54
Malik, M. Z., & Baloch, M. H. (2021). Power Supply to Local Communities Through Wind Energy Integration: An Opportunity Through China-Pakistan Economic Corridor (CPEC). IEEE Xplore. Retrieved from https://ieeexplore.ieee.org/document/9417226
Malik, Y. (2012). Strategic Importance of Gwadar Port. Journal of Political Studies, 57-69.
Prasso, S. (2020). One of China’s Most Ambitious Projects Becomes a Corridor to Nowhere. Bloomberg Originals.
Rana, A. (2022). CPEC: An Assessment of Its Socio-economic Impact on Pakistan. E-International Relations, 1-9.
Rana, A. (2022). CPEC: An Assessment of Its Socio-economic Impact on Pakistan. E-International Relations.
Rauf, M. (2019). Will Chinese Investment Boost Pakistan's Economic Growth? Central European University.
Rehman, A. U., & Hakim, A. (2018). Role of CPEC in Development of Trade, Transport and Economy of Pakistan. Romanian Journal of Transport Infrastructure, 72-92.
Shah, A. Z. (2017). Geopolitical Significance of Balochistan. Strategic Studies, 126-144.
Zhukov, E. (2022). Economic Corridor Development in Pakistan-Concept, Framework and Case Studies. Metro Manila: Asian Development Bank.