China-Pakistan Economic Corridor: Where is the money going?

Muhammad Khudadad Chattha; Mustafa Sayed

doi:10.24294/jipd.v3i1.1117

China-Pakistan Economic Corridor: Where is the money going?

Muhammad Khudadad Chattha, Mustafa Sayed

Article ID: 1117
Vol 3, Issue 1, 2019

VIEWS - 2576 (Abstract) 757 (PDF)

Abstract

The China-Pakistan Economic Corridor (CPEC) has been one of the most prominent components of the Belt and Road Initiative (BRI). Most of the discussion on CPEC has centered around the macroeconomic effects on the economy. However, research on the fine details of CPEC’s financing structure has not been conducted. This paper aims to fill the gap by providing a detailed description of the financing of CPEC and how the money maps on to different sectors of the Pakistani economy. We also discuss some macroeconomic concerns and ways to mitigate these risks.

Keywords

Belt and Road Initiative; China-Pakistan Economic Corridor; new silk road; finance; debt; Pakistan

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DOI: https://doi.org/10.24294/jipd.v3i1.1117