China Pak Economic Corridor (CPEC): Facts and Fantasies

Hamid, Bushra; Khan, Shakeel

doi:10.47067/ramss.v3i2.55

Cited by 1 publication

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“…As asserted by Akhtar et al ( 2021 ), CPEC is vital to change the destiny of Pakistan and its citizens as Pakistan does not has sustainable projects/investments to get rid of poverty without CPEC. An avalanche of studies is surging on phenomenon of CPEC that relates to both international and national perspective of strategic partners, e.g.,:Khalil, et al ( 2021 ); Mukhtar, et al ( 2021 ); Hussain et al ( 2021b ); Shaikh and Chen ( 2021 ); Akhtar et al ( 2021 ); Fu et al 2021 ; Hamid and Khan ( 2020 ). It is not out of context to evaluate the stock of research literature specific to Pakistan perspective that has potential to set out the very outset of this study viz: Aijaz et al ( 2021 ) claimed that CPEC is vital to achieve blue growth economy in Pakistan and emphasized to conduct further research on determinants that can drive/hinder blue growth in perspective of CPEC.…”

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confidence: 99%

Analyzing the determinants of sustainability of China Pakistan Economic Corridor (CPEC) projects: an interpretive structural modelling (ISM) approach

Farooq

Rao

Shoaib

2022

Environ Sci Pollut Res

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China Pakistan Economic Corridor (CPEC) is a game changer initiative of South Asian Pacific Rim. It has great importance for almost all Asian countries. Its success is expected to dictate the economic development of the stakeholders. The aim of this study is to evaluate the essential determinants deriving the sustainability of CPEC projects. The design of the study comprises of the review of literature, data collection, and analysis. Population under study is the folk of stakeholders of CPEC. Sampling envisages on purposive sampling design, i.e., 14 experts from within the stakeholders. Primary data is collected in the field setting through a survey questionnaire appropriate for the study. ISM is used for modelling and MICMAC for analysis and classification using inductive approach. The findings of the literature survey show that there are 23 prime determinants of sustainability of CPEC projects. The results of ISM show that 13 determinants are at Level-I , nine at Level-II , and one determinant namely “economic globalization” is at Level-III being the most critical and driving determinant. The findings of MICMAC show that only one determinant is classified in independent quadrant, and all the remaining determinants are in linkage quadrant, whereas, no determinant is shown in autonomous and/or dependence quadrant. But most of the determinants have potential to be classified in dependent and independent quadrants. It is intimately evident that the results of MICMAC corroborate the results of ISM. It is useful for folk of the stakeholders by way of developing an understanding about the multitude of determinants, intra-determinant relations, prioritizing the determinants for policy decisions, and/or for building future studies. This study has some limitations, e.g., the study uses qualitative approach and answers what and how questions that do not quantify the relations or tell the cause of indicated relations. Supplementary Information The online version contains supplementary material available at 10.1007/s11356-022-22813-3.

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