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Transition or change? The morphosis of One Belt One Road initiatives in Pakistan: a study on the challenges, prospects and outcomes of the China-Pakistan economic corridor

Author

Listed:
  • Zia Ur Rehman
  • Syed Ahmad Ali
  • Muhammad Ahmed
  • Muhammad Arif Khattak

Abstract

The modern era has seen an exponential growth in Belt and Road Initiatives that purviews financial stability, economic growth, foreign trade and regional cooperation and expansion. In that context, a number of economic corridors have arisen internationally to aid larger economic objectives - China-Pakistan Economic Corridor is one good example. The study is an early attempt to synthesise 76 past researches specifically contextualised in CPEC during the last seven years (from inception in 2013) and to gauge the larger spectrum off what CPEC has contributed to the country's economy and what it has yet to offer. The meta synthesis resulted in two main purviews; one relates to the benefits while the other highlights its challenges to the economy. Though CPEC has emerged as a gateway to entrepreneurial opportunities, it has manifold practical and managerial implications for potential beneficiaries such as entrepreneurs, policy makers, government and the researchers.

Suggested Citation

  • Zia Ur Rehman & Syed Ahmad Ali & Muhammad Ahmed & Muhammad Arif Khattak, 2021. "Transition or change? The morphosis of One Belt One Road initiatives in Pakistan: a study on the challenges, prospects and outcomes of the China-Pakistan economic corridor," International Journal of Technological Learning, Innovation and Development, Inderscience Enterprises Ltd, vol. 13(3), pages 246-282.
    • Handle: RePEc:ids:ijtlid:v:13:y:2021:i:3:p:246-282
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