Cargando…
China–Pakistan Economic Cooperation: The Case of Special Economic Zones (SEZs)
This article attempts to underscore the extraordinary significance of Special Economic Zones (SEZs) in the industrialization and economic growth of Pakistan as well as the development and consolidation of China–Pakistan Economic Corridor (CPEC)—which is a core component of the Belt and Road Initiati...
Autores principales: | , |
---|---|
Formato: | Online Artículo Texto |
Lenguaje: | English |
Publicado: |
Springer Berlin Heidelberg
2020
|
Materias: | |
Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7453185/ http://dx.doi.org/10.1007/s40647-020-00292-5 |
_version_ | 1783575307976966144 |
---|---|
author | Hussain, Ejaz Rao, Muhammad Furqan |
author_facet | Hussain, Ejaz Rao, Muhammad Furqan |
author_sort | Hussain, Ejaz |
collection | PubMed |
description | This article attempts to underscore the extraordinary significance of Special Economic Zones (SEZs) in the industrialization and economic growth of Pakistan as well as the development and consolidation of China–Pakistan Economic Corridor (CPEC)—which is a core component of the Belt and Road Initiative (BRI). Though Pakistan has previously experimented with SEZs, its scale, outreach and impact on the country’s economy and society remained very limited. Thus, the proposed SEZs under the CPEC offer new opportunities for mutual economic cooperation, investment, human resource development, sustained industrialization and, above all, the consolidation of CPEC. Nevertheless, there are several challenges ranging from structural issues to security problems that the proposed SEZs, in particular, and CPEC, in general, face. The article, thus, provides a comprehensive set of strategies to convert challenges into capabilities. |
format | Online Article Text |
id | pubmed-7453185 |
institution | National Center for Biotechnology Information |
language | English |
publishDate | 2020 |
publisher | Springer Berlin Heidelberg |
record_format | MEDLINE/PubMed |
spelling | pubmed-74531852020-08-28 China–Pakistan Economic Cooperation: The Case of Special Economic Zones (SEZs) Hussain, Ejaz Rao, Muhammad Furqan Fudan J. Hum. Soc. Sci. Original Paper This article attempts to underscore the extraordinary significance of Special Economic Zones (SEZs) in the industrialization and economic growth of Pakistan as well as the development and consolidation of China–Pakistan Economic Corridor (CPEC)—which is a core component of the Belt and Road Initiative (BRI). Though Pakistan has previously experimented with SEZs, its scale, outreach and impact on the country’s economy and society remained very limited. Thus, the proposed SEZs under the CPEC offer new opportunities for mutual economic cooperation, investment, human resource development, sustained industrialization and, above all, the consolidation of CPEC. Nevertheless, there are several challenges ranging from structural issues to security problems that the proposed SEZs, in particular, and CPEC, in general, face. The article, thus, provides a comprehensive set of strategies to convert challenges into capabilities. Springer Berlin Heidelberg 2020-08-28 2020 /pmc/articles/PMC7453185/ http://dx.doi.org/10.1007/s40647-020-00292-5 Text en © Fudan University 2020 This article is made available via the PMC Open Access Subset for unrestricted research re-use and secondary analysis in any form or by any means with acknowledgement of the original source. These permissions are granted for the duration of the World Health Organization (WHO) declaration of COVID-19 as a global pandemic. |
spellingShingle | Original Paper Hussain, Ejaz Rao, Muhammad Furqan China–Pakistan Economic Cooperation: The Case of Special Economic Zones (SEZs) |
title | China–Pakistan Economic Cooperation: The Case of Special Economic Zones (SEZs) |
title_full | China–Pakistan Economic Cooperation: The Case of Special Economic Zones (SEZs) |
title_fullStr | China–Pakistan Economic Cooperation: The Case of Special Economic Zones (SEZs) |
title_full_unstemmed | China–Pakistan Economic Cooperation: The Case of Special Economic Zones (SEZs) |
title_short | China–Pakistan Economic Cooperation: The Case of Special Economic Zones (SEZs) |
title_sort | china–pakistan economic cooperation: the case of special economic zones (sezs) |
topic | Original Paper |
url | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7453185/ http://dx.doi.org/10.1007/s40647-020-00292-5 |
work_keys_str_mv | AT hussainejaz chinapakistaneconomiccooperationthecaseofspecialeconomiczonessezs AT raomuhammadfurqan chinapakistaneconomiccooperationthecaseofspecialeconomiczonessezs |