CEU Electronic Theses and Dissertations, 2019
| Author | Rauf, Maria |
|---|---|
| Title | WILL CHINESE INVESTMENT BOOST PAKISTAN’S ECONOMIC GROWTH? A Case Study of China Pakistan Economic Corridor (CPEC) |
| Summary | Currently, China Pakistan Economic Corridor (CPEC) is playing a significant role to boost growth and development in Pakistan. This research study aims to examine and assess the macroeconomic impacts of CPEC. Both nations have shared years long of friendship but this agreement has become the game changer of the era. While Pakistan provides access to China to its warm waters, the latter is investing heavily in infrastructure and energy sector development. Numerous job opportunities have been generated to eliminate poverty. Moreover, export growth is likely to rise under various sub-projects to overcome the country’s trade deficit. The study observes the changing trends of foreign direct investment (FDI), GDP growth, Job growth and trade openness of Pakistan before and after the CPEC agreement was signed. Lastly, an external debt sustainability analysis has been done to assess the implications of CPEC loan based projects. The study concludes by assessing both positive and negative aspects of agreement and ends with policy recommendations to overcome any gaps at an early stage of the project. |
| Supervisor | Lacourbe, Paul |
| Department | Economics MA |
| Full text | https://www.etd.ceu.edu/2019/rauf_maria.pdf |
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