IPRI – Islamabad Policy Research Institute

CPEC: Macro and Micro Economic Dividends for Pakistan and the Region

While there is increasing and alarming political divisiveness in many countries and between many people, Pakistan has opted to go the other way along with an unexpected champion of neo-globalism – People’s Republic of China –  a country which has morphed from the backward fringes of agrarian socialism to the apex as the second largest economy in the world.

Written by Pakistan’s industry experts as well as policy and thought leaders, the chapters in this volume not only unpack the various short and long-term projects under the China-Pakistan Economic Corridor (CPEC), but also explore how the financial markets of various countries from Afghanistan to Iran, and business portfolios of local and regional investors are likely to be impacted. The authors go beyond readily available generic information about the Corridor to critically looking at its strengths and weaknesses for South Asia, and for Pakistan in particular.  Practical prescriptions are outlined to ensure that the project becomes a success for China and its neighbours. The book is not just about geoeconomic changes, it is also about engagement and understanding how South Asia can come together and build relationships of trust for a shared future.

Book Contents

  1. The Geonomics of CPEC-Dr Kamal Monnoo
  2. Implications of CPEC on Domestic and Foreign Investment: Lack of Feasibility Studies-Dr Syed Irfan Hyder and Tazeen Arsalan
  3. Sectoral Impacts of CPEC on Pakistan’s Economy-Dr Ather Maqsood Ahmed
  4. CPEC’s Role in the Services Sector: Prospects for Pakistani Entrepreneurs and Workers-Dr Saima Shafique
  5. What Does China Get Out of the Corridor?-Mr Khalid Rahman
  6. To Join or Not to Join: The Corridor Conundrum for India-Dr Tughral Yamin and Mr Waseem Iftikhar Janjua
  7. Pak-China Ties with Bangladesh, Bhutan, Maldives, Nepal and Sri Lanka: Doubling Trade Dividends-Dr Pervez Tahir
  8. Afghanistan and Iran: On Board CPEC’s Lucrative Train-Mr Syed Ghulam Qadir

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