Year: 2025
Type: article
Abstract: The China-Pakistan Economic Corridor (CPEC) is a transformative initiative with significant impacts on the economic, social, and environmental landscapes of both countries. This study conducts a comprehensive PESTEL analysis to examine the political, economic, social, technological, environmental, and legal effects of CPEC. The main objective is to understand CPEC's potential to drive economic growth, create employment, solve energy crises, and foster technological advancements, while also addressing challenges such as debt sustainability, social inequality, environmental risks, and legal issues. This qualitative research draws from an extensive review of scholarly articles, reports, and literature to provide valuable insights for policymakers, stakeholders, and researchers involved in large-scale economic projects. The findings emphasize the need for effective governance, equitable benefit distribution, and sustainable development practices to ensure the successful implementation of CPEC.
Authors: Lativa Audina Putri, Hikmat Zakky Almubaroq, Ari Pitoyo Sumarno, Untung Hartono
Institution: Indonesia Defense University
Language: English
Topic: Belt and Road Initiative
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W4413240597