CHINA PAKISTAN ECONOMIC CORRIDOR (CPEC): REGIONAL DEVELOPMENT, EMPLOYMENT OPPORTUNITIES AND POLICY CHALLENGES

Abstract

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