The China-Pakistan economic corridor (CPEC): Considering contemporary Pakistan through old-fashioned economics and historical case studies

<jats:p>As part of the massive One Belt One Road (OBOR) project or ‘New Silk Road’ the governments of China and Pakistan have announced that a significant ‘corridor’ will be constructed in Pakistan. This paper looks in detail at the $46 billion China-Pakistan Economic Corridor (CPEC) package o...

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מחבר ראשי: McCartney, M
פורמט: Journal article
שפה:English
יצא לאור: Lahore School of Economics 2018
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author McCartney, M
author_facet McCartney, M
author_sort McCartney, M
collection OXFORD
description <jats:p>As part of the massive One Belt One Road (OBOR) project or ‘New Silk Road’ the governments of China and Pakistan have announced that a significant ‘corridor’ will be constructed in Pakistan. This paper looks in detail at the $46 billion China-Pakistan Economic Corridor (CPEC) package of transport, energy and manufacturing projects and asks how we can analyse the impact of a transformative expansion of infrastructure. This paper draws lessons from various old-fashioned economics including Rostow, Hirschman and others and the historical case studies of transformative infrastructure expansion in the nineteenth century United States, Mexico, Germany and India to explore the conditions under which CPEC could promote sustainable long-run economic growth in Pakistan.</jats:p>
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spelling oxford-uuid:a3ccb11c-4e2a-4c5f-b26e-7ba18c9ae8f72022-03-27T02:29:36ZThe China-Pakistan economic corridor (CPEC): Considering contemporary Pakistan through old-fashioned economics and historical case studiesJournal articlehttp://purl.org/coar/resource_type/c_dcae04bcuuid:a3ccb11c-4e2a-4c5f-b26e-7ba18c9ae8f7EnglishSymplectic Elements at OxfordLahore School of Economics2018McCartney, M<jats:p>As part of the massive One Belt One Road (OBOR) project or ‘New Silk Road’ the governments of China and Pakistan have announced that a significant ‘corridor’ will be constructed in Pakistan. This paper looks in detail at the $46 billion China-Pakistan Economic Corridor (CPEC) package of transport, energy and manufacturing projects and asks how we can analyse the impact of a transformative expansion of infrastructure. This paper draws lessons from various old-fashioned economics including Rostow, Hirschman and others and the historical case studies of transformative infrastructure expansion in the nineteenth century United States, Mexico, Germany and India to explore the conditions under which CPEC could promote sustainable long-run economic growth in Pakistan.</jats:p>
spellingShingle McCartney, M
The China-Pakistan economic corridor (CPEC): Considering contemporary Pakistan through old-fashioned economics and historical case studies
title The China-Pakistan economic corridor (CPEC): Considering contemporary Pakistan through old-fashioned economics and historical case studies
title_full The China-Pakistan economic corridor (CPEC): Considering contemporary Pakistan through old-fashioned economics and historical case studies
title_fullStr The China-Pakistan economic corridor (CPEC): Considering contemporary Pakistan through old-fashioned economics and historical case studies
title_full_unstemmed The China-Pakistan economic corridor (CPEC): Considering contemporary Pakistan through old-fashioned economics and historical case studies
title_short The China-Pakistan economic corridor (CPEC): Considering contemporary Pakistan through old-fashioned economics and historical case studies
title_sort china pakistan economic corridor cpec considering contemporary pakistan through old fashioned economics and historical case studies
work_keys_str_mv AT mccartneym thechinapakistaneconomiccorridorcpecconsideringcontemporarypakistanthrougholdfashionedeconomicsandhistoricalcasestudies
AT mccartneym chinapakistaneconomiccorridorcpecconsideringcontemporarypakistanthrougholdfashionedeconomicsandhistoricalcasestudies