scholarly journals China-Pakistan Economic Corridor: Ensuring Pakistan’s Economic Benefits

2019 ◽  
Vol 22 (1) ◽  
pp. 38-51 ◽  
Author(s):  
Muhammad Ibrar ◽  
Jianining Mi ◽  
Muhammad Rafiq ◽  
Liaqat Ali
Keyword(s):  
Economic Development ◽  
South Asia ◽  
Economic Benefit ◽  
Theoretical Framework ◽  
Economic Benefits ◽  
Silk Road ◽  
Belt And Road Initiative ◽  
Belt And Road ◽  
Economic Partnership

The China-Pakistan Economic Corridor (CPEC) is a well-crafted economic partnership between China and Pakistan which is expected to bring economic development and prosperity not only for the two neighboring countries but also for the whole South Asia. It is considered central to China-Pakistan relations and the CPEC will link Kashgar to Gawadar port through the extension of Silk Road initiative which is widely known as Belt and Road Initiative (BRI). With the investment of 46 billion US dollars, its completion is expected by 2030. CPEC is the most discussed and debated economic partnership and it has great geostrategic importance for Pakistan to counterbalance Indian influence in South Asia. However, the focus on geopolitical and location of the route has been dominated the important questions concerning “How Pakistan should ensure its economic benefit out of this mega project?” This paper, therefore, aims to develop a theoretical framework and put forward relevant recommendations on how Pakistan can ensure its economic benefits as compared to the forecasted economic and political benefits of China and the challenges ahead.

scholarly journals The Role of the Broad-Gauge Metallurgy Line PKP Linia Hutnicza Szerokotorowa Sp. z o.o. and the Belt and Road Initiative: Transportation in the Development of the Lublin Province

2020 ◽  
Vol 54 (2) ◽  
pp. 7
Author(s):  
Mirosław Antonowicz ◽  
Zbigniew Tracichleb
Keyword(s):  
Economic Development ◽  
Silk Road ◽  
Border Crossings ◽  
Belt And Road Initiative ◽  
Belt And Road ◽  
The Belt And Road ◽  
The Silk Road

<p>The article presents the railway entity PKP LHS Sp. z o.o. and its role in the development of the New Silk Road. In consequence, the increase in traffic on the Silk Road with the participation of Polish companies translates into the economic development of the Lublin Province and the development of border crossings in that province. The importance of transport corridors and the participation of PKP LHS in the development of those corridors have been highlighted. Investment assumptions have been presented, the effects of which will be visible in a few years, strengthening the potential and economic capabilities of the province.</p>

scholarly journals Sustainable Development under Belt and Road Initiative: A Case Study of China-Pakistan Economic Corridor’s Socio-Economic Impact on Pakistan

2019 ◽  
Vol 11 (21) ◽  
pp. 6143 ◽  
Author(s):  
Rashid Menhas ◽  
Shahid Mahmood ◽  
Papel Tanchangya ◽  
Muhammad Nabeel Safdar ◽  
Safdar Hussain
Keyword(s):  
Sustainable Development ◽  
Economic Development ◽  
Silk Road ◽  
Primary Data ◽  
Infrastructure Development ◽  
Belt And Road Initiative ◽  
Fiber System ◽  
Railway Network ◽  
Economic Paradigm ◽  
Belt And Road

The restoration of the ancient Silk Road intends to reconnect China with Africa, the Middle East, and Europe through a railway network, airports, roads, seaports, and an optical fiber system. The Belt and Road Initiative (BRI) has three components. One Belt, One Road (OBOR) is based upon two parts of the BRI; the maritime Silk Road and the Silk Road economic belt. OBOR is based upon six economic corridors. The China-Pakistan Economic Corridor (CPEC) is the smartest corridor under OBOR, which passes only through Pakistan, and after completion, will provide a safe and cheap route for China to import oil and energy. CPEC is a multidimensional project under which much infrastructure development initiative has been started to improve the infrastructure and economic development of Pakistan. Infrastructure development is an essential requirement in economic growth, one which further leads to industrialization and is helpful in economic development. The present study was conducted in Pakistan and explored how infrastructure development under the CPEC is useful for the sustainable development of Pakistan, as well as which kind of infrastructure development projects have been included in the CPEC to improve the socio-economic paradigm of Pakistan. A sample of 500 respondents was selected through a multistage sampling technique from the two-node cities. A questionnaire survey was used to collect primary data. The results of the study show that the CPEC is a catalyst for Pakistan to improve its socio-economic conditions and to achieve sustainable development. The participants of the survey agreed that CPEC will improve the socio-economic paradigm of Pakistan and will be helpful in the achievement of sustainable development goals.

scholarly journals Belt and Road Initiative (BRI) Blues: Powering BRI Research Back on Track to Avoid Choppy Seas

2021 ◽  
Author(s):  
Jean-Marc F. Blanchard
Keyword(s):  
Foreign Policy ◽  
Soft Power ◽  
Chinese Foreign Policy ◽  
Silk Road ◽  
Belt And Road Initiative ◽  
The Road ◽  
Political Costs ◽  
Maritime Silk Road ◽  
Belt And Road ◽  
On The Road

AbstractThis piece examines and critiques the massive literature on China’s ambitious Belt and Road Initiative (BRI). It details how research currently seems stuck on the road to nowhere. In addition, it identifies a number of the potholes that collective research endeavors are hitting such as that they are poorly synchronized. It also stresses that lines of analysis are proliferating rather than optimizing, with studies broadening in thematic coverage, rather than becoming deeper. It points out that BRI participants are regularly related to the role of a bit player in many analyses and research often is disconnected from other literatures. Among other things, this article recommends analysts focus on the Maritime Silk Road Initiative (MSRI) or Silk Road Economic Belt (SREB) in specific regions or countries. It also argues for a research core that focuses on the implementation issue (i.e., the issue of MSRI and SREB project implementation), project effects (i.e., the economic and political costs and benefits of projects), and the translation issue (i.e., the domestic and foreign policy effects of projects) and does work that goes beyond the usual suspects. On a related note, research need to identify, more precisely, participants and projects, undertake causal analysis, and take into account countervailing factors. Furthermore, studies need to make more extensive use of the Chinese foreign policy literature. Moreover, works examining subjects like soft power need to improve variable conceptualization and operationalization and deliver more nuanced analyses. Finally, studies, especially by area specialists, should take the area, not the China, perspective.

scholarly journals Impact of Transport Infrastructure on Gross Regional Products: Evidence from Chinese Provinces under the “Belt and Road Initiative”

2020 ◽  
Vol 2 (2) ◽  
pp. 23-45
Author(s):  
Jin-Hui Li ◽  
Chol-Ju An ◽  
Gwang-Nam Rim
Keyword(s):  
Economic Growth ◽  
Economic Benefits ◽  
Transport Infrastructure ◽  
Belt And Road Initiative ◽  
Regression Analyses ◽  
Belt And Road ◽  
Development Levels ◽  
The Impact ◽  
The Belt And Road

Purpose: This paper analyzes the impact of transport infrastructure on Gross Regional Products in Chinese provinces under the “Belt and Road Initiative”. Methods: The impact of the key elements of transport infrastructure on Gross Regional Products is analyzed based on the data related to development levels of transport infrastructure and economic development. Correlation and regression analyses were used for data analysis. Results: It is found that railways and highways, which are the key elements of transport infrastructure, have a strong correlation with Gross Regional Products, and their effects are diverse among provinces under study. Implications: The findings demonstrate the position and role of diverse infrastructural elements in enhancing the economic benefits of infrastructural investment and promoting economic growth. Thus, it is expected to facilitate decision-making related to infrastructural investment under the “Belt and Road Initiative”.

scholarly journals ANALYZING AMERICAN VALUES IN BELT AND ROAD INITIATIVE (BRI)

2019 ◽  
Vol 5 (15) ◽  
pp. 1439-1447
Author(s):  
Siti Nurhasanah ◽  
Marthen Napang ◽  
Syaiful Rohman
Keyword(s):  
Manifest Destiny ◽  
Silk Road ◽  
Chinese Government ◽  
Belt And Road Initiative ◽  
Investment Bank ◽  
The Us ◽  
The World ◽  
Belt And Road ◽  
Silk Route ◽  
The 19Th Century

The Belt and Road Initiative (BRI) was initiated by Xi Jinping after being elected as the president of China in 2012. BRI connects Asia, Africa, and Europe based on shared-destiny to created trade routes integrates main centers of economic vitality. This project gave benefit for all participating countries, such as providing help for poorer regions. Even China created a financial system that supports this project, called The Asian Infrastructure Investment Bank (AIIB) and The New Development Bank (NDB). China's efforts to expand its influence in the world are similar to US efforts in the 19th century, known as Manifest Destiny. Americans believed that the US is destined to expand the territories westward approaching Pacific Ocean and spreading democracy. This effort is also highly related to their belief that the US is a City upon a Hill. There was some belief that the US becomes a great country that leads other nations in the world. The focus of this paper is two American beliefs in the context of China's effort to increasing its economic and military power in the world by reactivating the Silk route. The author uses the concept of Tianxia as City upon a Hill and Manifest Destiny in Chinese version in analyzing China's measures to increase its strength on an international level. The author will further analyze how these beliefs being adopted by Chinese government in realizing its dream of regaining the glory of managing silk-road, making it the new silk-road. Keywords: Belt and Road Initiative (BRI), New Silk Route, Manifest Destiny, City upon a Hill, Tianxia

Impact of Belt and Road Initiative on India-south Asia Regional Trade Integration

2021 ◽  
pp. 9-14
Author(s):  
Mst. Sahiba Mahbub
Keyword(s):  
South Asia ◽  
South Asian ◽  
Free Trade Agreements ◽  
Trade Agreements ◽  
Chinese Government ◽  
Belt And Road Initiative ◽  
Trade Integration ◽  
Regional Trade ◽  
Belt And Road ◽  
Integration Strategies

Belt and Road Initiative (BRI) is a standout amongst the latest and remarkable regional economic integration strategies of Chinese government. This initiative incorporates South Asia which is a piece of Asian territory. From past researches we came to know that regional trade intensity among south Asian nations is low. The majority of the analysts finished up by computing the general list at beneath 0.5. Notwithstanding various multilateral and reciprocal Free Trade Agreements (FTA) exchange coordination did not increment attractively. India has reciprocal FTAs with every south Asian nation. Also this sub region is among the significant exchange accomplices of India. There are double suppositions of India about Chinese BRI initiative. In this research we found an answer of an inquiry that, regardless of whether BRI has sway on trade coordination among India and south Asian nations. We utilized a blended gravity model equation from Hayakawa et.al (2015) and Weerehewa (2009) inquire about papers to assess the aftereffects of variables.

Declining Singapore — a 21st Century Dunhuang in the Making?

2018 ◽  
Vol 01 (02) ◽  
pp. 1850012
Author(s):  
Vincent F. Yip
Keyword(s):  
21St Century ◽  
Conflicts Of Interest ◽  
Northwest China ◽  
Silk Road ◽  
Belt And Road Initiative ◽  
Strategic Response ◽  
Existential Crisis ◽  
Desert Oasis ◽  
Belt And Road

Singapore is currently facing economic realities and geo-political headwinds that bear many similarities to those that brought about the decline and eventual obsolescence of Dunhuang, the desert oasis city in northwest China that once served as the strategic fulcrum of the prosperous Silk Road, connecting East and West for more than a thousand years. Ideological differences and practical conflicts of interest with an emerging China threaten to sideline Singapore and even render it irrelevant as China continues to pursue its ambitious Belt and Road Initiative. Singapore is experiencing an existential crisis unlike any it has encountered in its past 53 years of independence. A prudent strategic response would be for Singapore to emulate the Swiss model of political balance among nations, maintain its traditional neutrality and rely on its unique strategic/economic strengths in order to ensure the small republic’s survival and long-term prosperity in a region facing tumultuous upheavals in the remainder of the 21st century.

scholarly journals Sharing the Spoils: Winners and Losers in the Belt and Road Initiative in Myanmar

2020 ◽  
Vol 39 (3) ◽  
pp. 381-404
Author(s):  
SiuSue Mark ◽  
Indra Overland ◽  
Roman Vakulchuk
Keyword(s):  
Economic Benefits ◽  
Decision Makers ◽  
Primary Data ◽  
Policy Recommendations ◽  
Belt And Road Initiative ◽  
Secondary Sources ◽  
Belt And Road ◽  
Negative Impacts ◽  
The Impact ◽  
The Belt And Road

This article studies the impact of China’s Belt and Road Initiative (BRI) on economic actors in Myanmar. It hypothesizes that the BRI has strong transformative potential, because Chinese projects are likely to transform Myanmar’s economy on different scales and influence the allocation of economic benefits and losses for different actors. The study identifies economic actors in Myanmar who are likely to be most affected by BRI projects. It also discusses how BRI-related investments could affect the country’s complex conflict dynamics. The article concludes with policy recommendations for decision makers in Myanmar, China, and the international community for mitigating the BRI’s possible negative impacts. The analysis draws on secondary sources and primary data collection in the form of interviews with key actors in Hsipaw, Lashio, and Yangon, involved with and informed about the BRI in Myanmar at the local, regional, and national levels.

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