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China Pakistan Economic Corridor (CPEC): Regional Development, Employment Opportunities and Policy Challenges

Author

Listed:
  • Navid Khan

    (Ph.D. Scholar,School of Economics & Management,Kunming University of Science & Technology, China.)

  • Riaz Ahmad

    (Postdoc Fellow, School of Public Policy and Administration,Xiian Jiaotong University, China.)

  • Ke Xing

    (School of Economics & Management,Kunming University of Science & Technology, China.)

Abstract

A lot of people believe “China Pakistan Economic Corridor (CPEC)†to be a doorway to regional prosperity and regional cohesion. It carries an abundant perspective in relation to regional connectivity, regional development, and employment creation. Although a topic of increasing interest, CPEC has been relatively under-researched and under-conceptualized to date. In this article, we attempt to inspect CPEC in relation to its prospects for infrastructure development, regional development, and employment creation through a methodical databank check and cross-reference snowballing. Significantly contributing: (1) reviewing of recent literature focusing on the concepts of economic corridors in different regions and (2) underlying challenges addressing the political, economic and geographical differences among different groups based on their perspectives. The paper concludes with possible managerial suggestions for the challenges faced by stakeholders participating in the China Pakistan Economic Corridor

Suggested Citation

  • Navid Khan & Riaz Ahmad & Ke Xing, 2018. "China Pakistan Economic Corridor (CPEC): Regional Development, Employment Opportunities and Policy Challenges," Global Political Review, Humanity Only, vol. 3(1), pages 12-23, June.
  • Handle: RePEc:aaw:gprjrn:v:3:y:2018:i:1:p:12-23
    DOI: 10.31703/gpr.2018(III-I).02
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    References listed on IDEAS

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    1. Shaikh, Faheemullah & Ji, Qiang & Fan, Ying, 2016. "Prospects of Pakistan–China Energy and Economic Corridor," Renewable and Sustainable Energy Reviews, Elsevier, vol. 59(C), pages 253-263.
    2. Athukorala, Prema-chandra & Narayanan, Suresh, 2018. "Economic corridors and regional development: The Malaysian experience," World Development, Elsevier, vol. 106(C), pages 1-14.
    3. Volpe Martincus, Christian & Carballo, Jerónimo & Cusolito, Ana, 2017. "Roads, exports and employment: Evidence from a developing country," Journal of Development Economics, Elsevier, vol. 125(C), pages 21-39.
    4. Naved Hamid & Sarah Hayat, 2012. "The Opportunities and Pitfalls of Pakistan’s Trade with China and Other Neighbors," Lahore Journal of Economics, Department of Economics, The Lahore School of Economics, vol. 17(Special E), pages 271-292, September.
    5. Huang, Yiping, 2016. "Understanding China's Belt & Road Initiative: Motivation, framework and assessment," China Economic Review, Elsevier, vol. 40(C), pages 314-321.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    CPEC; Regional development; infrastructure development; employment creation; policy challenges;
    All these keywords.

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

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