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China Pakistan Economic Corridor (CPEC): Analysis of Internal and External Challenges

Maryum Ashraf

,

Awaisra Shafiq

,

Sana Batool

Maryum Ashraf 1 Awaisra Shafiq 2

Sana Batool 1 

  1. Lecturer in Department of Management Sciences Government Sadiq College Women University, Bahawalpur, Pakistan 1

  2. Department of Economics The Islamia University Bahawalpur, Pakistan 2

Pages: 106-111

DOI: 10.18488/journal.62.2017.45.106.111

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Article History:

Received: 26 May, 2017
Revised: 24 July, 2017
Accepted: 07 August, 2017
Published: 14 August, 2017


Abstract:

China Pakistan Economic Corridor (CPEC) is a comprehensive development strategy that not only causes to economic and social environment in two countries but also has potential of incorporation with other sub-regions of Asia. It is like a game changer project which could transform the fate of Pakistan. It helps to improve the trade, infrastructure, and enhance regional connectivity. Despite these opportunities there exist several internal and external challenges for the government of Pakistan to implement this multidimensional project. The study is organized to analyze some internal and external challenges for Pakistan that are associated with the implementation of CPEC project.

Contribution/ Originality

Keywords:

China Pakistan economic Corridor (CPEC), Opportunities, Internal challenges, External factors.

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Reference:

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Ani, 2016. US Reject Hafiz Saeed’s remarks charging India, America Against CPEC. Indian Express. Retrieved from http://indianexpress.com/article/india/india-news-india/hafiz-saeed-remark-us-afghanistan-pakistan-china-india-cpec-3019759/ .

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Shah, Z., 2016. China Pakistan economic corridor (CPEC) and its importance. Diplomatic Insight, 9(2). Retrieved from http://rtepakistan.org/wp-content/uploads/2016/04/The-Diplomatic-Insight-Special-Supplement-on-China-Pakistan-Economic-Corridor-Feb-2015.pdf .

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Weidong, H.E.S., 2016. China-Pakistan economic corridor will bring benefits to Pakistan and region. Diplomatic Insight, 9(2). Retrieved from http://rtepakistan.org/wp-content/uploads/2016/04/The-Diplomatic-Insight-Special-Supplement-on-China-Pakistan-Economic-Corridor-Feb-2015.pdf .

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Funding:

This study received no specific financial support.

Competing Interests:

The authors declare that they have no competing interests.

Acknowledgement:

All authors contributed equally to the conception and design of the study.

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