Year: 2025
Type: article
Abstract: The China-Pakistan Economic Corridor (CPEC) is a cornerstone of China's Belt and Road Initiative (BRI), designed to enhance economic integration and connectivity within the region. CPEC has significantly influenced Pakistan's economic landscape and regional politics, fostering infrastructure development, energy collaboration, industrial growth, and socio-political cooperation. This study employs a narrative review methodology, synthesizing data from academic texts, governmental reports, and policy briefs to comprehensively assess CPEC's impact and challenges. The findings highlight substantial enhancements in trade connectivity, long-term energy solutions, and industrial diversification. Nonetheless, critical challenges persist, including financial sustainability, security concerns, and environmental impacts. Policy recommendations emphasize debt management, environmental conservation, stakeholder inclusion, and transparent governance to ensure equitable and sustainable development. CPEC serves as a pivotal example of how strategic international collaborations can bolster regional stability and prosperity, offering insights for future global economic initiatives.
Source: Journal of Policy Options
Author: RESDO
Language: English
Topic: Belt and Road Initiative
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W7092665556
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