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China Pakistan Economic Corridor (CPEC): Regional Development, Employment Opportunities and Policy Challenges
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
Ph.D. Scholar, School of Economics & Management, Kunming University of Science & Technology, China.
Postdoc Fellow, School of Public Policy and Administration, Xiian Jiaotong University, China.
School of Economics & Management, Kunming University of Science & Technology, China.