Emerging Political Economy of CPEC – Future Dynamics and Perspectives for Pakistan

Abstract

The study focuses on China Pakistan Economic Corridor (CPEC) as a great regional, political and economic force, which would lead the region to a prosperous future. The route of CPEC is not only a connection between Gwader and Khunjrab but it is also "a motorway of political economy" which would become a track to development and sustainable prosperity. No doubt, the route leads to cooperation in the transition of resources and increase the bilateral trade partnership but there emerge various questions. The present study provides detailed analysis of how the route connects Asia to Europe and provides access the local markets. The study further recommends that Gwadar Port is one of the shortest ways for China rather than Strait of Malacca or any other international route. At the end, based on an in-depth critical evaluation, the study recommends the strategy of boosting its Political Economy on emergency basis.