China Pak Economic Corridor (CPEC): Facts and Fantasies

Authors

  • Bushra Hamid Institute of Management Studies, University of Peshawar, Palistan
  • Shakeel Khan Institute of Management Studies, University of Peshawar, Palistan

DOI:

https://doi.org/10.47067/ramss.v3i2.55

Keywords:

Policy, Institutions, Finance, Institutional Theory

Abstract

Despite much hype and excitement regarding CPEC and views of its proponents and opponents’, it would be wise to examine and analyze the economic, financial and developmental prospects of the largest ever financial commitment of Pakistan, minutely. The magnitude of the initiative, on the pessimistic side, has the potential not only to halt the otherwise meek economy of the country but may also prove to be detrimental to the security compulsions. This paper attempts to examine the potential of the economic welfare and financial health of the CPEC for Pakistan both in the short and long run. Quantitative tools and techniques will be used to analyze the Economic and financial data available on governmental websites and Planning Commission of Pakistan. Historical experiences and current global economic environment will be taken into consideration to offer the suggestions for multiple stake holders.

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Published

2020-09-30

How to Cite

Hamid, B. ., & Khan, S. (2020). China Pak Economic Corridor (CPEC): Facts and Fantasies. Review of Applied Management & Social Science, 3(2), 213-220. https://doi.org/10.47067/ramss.v3i2.55