Impact Assessment of Gwadar Port on China-Pakistan Economic Corridor: A Case Study
Abstract
Abstract Views: 863
China Pakistan Economic Corridor (CPEC) is based on a broad development strategy that not only has a strong impact on the economy of both countries but also has the potential of inclusion with other regions of Asia. The improvement of trade and infrastructure, and the linking of different regions are the main objectives of CPEC. In this regard, Gwadar’s deep-sea port serves as a hub that offers potential economic benefits not only to Pakistan but also to its surrounding regions. It offers an efficient track to conduct the trade of the Central Asian natural resources with the other regions of the world along with an easy approach to developing Asia’s customer markets. This paper tries to identify the importance of the Gwadar port using the qualitative research approach. It also intends to ensure access to those opportunities that could resuscitate Pakistan’s economic development under CPEC. Moreover, it aims to analyze the strengths and weaknesses associated with the Gwadar project. The findings revealed that the Gwadar port will be a keystone in the economic revival of Pakistan as well as Baluchistan. It will change the fate of the country by decreasing poverty and generating employment for the educated and skilled young people by providing them with the opportunity to seek jobs in their home country. However, the current study suggests that it is only possible when the Pakistani government will address all the concerns of the local inhabitants and regional bodies in order to make Gwadar not only a national but also a regional economic hub. Political parties and the Pakistani government should develop consensus on all CPEC strategies and development plans. Additionally, the governments of Pakistan and China must make an equal opportunity-based policy and plan to address the reservations and concerns of the local parties.
Downloads
References
Abid, M., & Ashfaq, A. (2015). CPEC: Challenges and opportunities for Pakistan. Journal of Pakistan Vision, 16(2), 142−169. http://www.academia.edu/download/49720464/Artical-7_v16_2_2015.pdf
Afridi, H. S., Bibi, S., & Muhammad, B. (2016). The economic viability of Gwadar Port: An economic hub for maritime trade. Global Political Review, 1(1), 19−31. https://www.gprjournal.com/jadmin/Auther /31rvIolA2LALJouq9hkR/cw0UKVc7oW.pdf
Ahmad, A. (2016). Gwadar: A Historical Kaleidoscope. Policy Perspectives: The Journal of the Institute of Policy Studies, 13(2), 149−166. https://doi.org/10.13169/polipers.13.2.0149
Ahmad, R., Mi, H., & Fernald, L. W. (2020). Revisiting the potential security threats linked with the China–Pakistan Economic Corridor (CPEC). Journal of the International Council for Small Business, 1(1), 64−80. https://www.tandfonline.com/doi/abs/10.1080/26437015.2020.1724735
Ahmad, S., Syed, A., & Bhutta, M. (2019). Indian Inclusion in CPEC: A Path to Indo-Pak Threat Reduction via Complex Interdependence. Liberal Arts and Social Sciences International Journal (LASSIJ), 3(2), 11−19.
Ali, A., & Sultana, S. (2018). China–Pakistan Economic Corridor Challenges and Opportunities for Pakistan. Pakistan Journal of International Affairs, 1(2). http://www.pjia.com.pk/index.php/pjia/article/view/10
Chatterji, Brig. (2020). Gwadar Port a Golden Goose for China; Shot in the Dark for Pakistan.https://bharatshakti.in/gwadar-port-a-golden-goose-for-china-shot-in-the-dark-for-pakistan/
Chen, X., Joseph, S., & Tariq, H. (2018). Betting Big on CPEC. European Financial Review. February-March 2018, 61−70. http://www.europeanfinancialreview.com/?p=21658
CPEC Wire. (2019). A brief history of China-Pakistan relations and CPEC: A concise pre-history of CPEC up to its formal launch in 2015. https://cpecwire.com/history/a-brief-history-of-china-pakistan-relations-and-cpec/
CPIC Global. (2019). Who Started CPEC? February 22, 2019. https://www.cpicglobal.com/who-started-cpec/
Dadwal, S. R., and Purushothaman, C. (2017). CPEC in Pakistan’s quest for energy security. Strategic Analysis, 41(5), 515−524. https://doi.org/10.1080/09700161.2017.1343270
Dawn.com. (2008). Gwadar port: ‘hisory-making milestones.’ https://www.dawn.com/news/297994/gwadar-port-history-making-milestones Gwadar port stays largely unaffected by global pandemic. (2020). Hellenic Shipping News Worldwide.https://www.hellenicshippingnews.com/gwadar-port-stays-largely-unaffected-by-global-pandemic/
Gwadar Port. Wikipedia. https://en.wikipedia.org/wiki/Gwadar_Port.
Hassan, A. (2005). Pakistan's Gwadar Port-Prospects of Economic Revival. NAVAL postgraduate school monterey CA. 1−91. http://stinet.dtic.mil/oai/oai?verb=getRecordandmetadataPrefix=htmlandide ntifier=ADA435514/
Iron, S. (2020). Source: Hellenic Shipping News Worldwide, 28 March 2020. World Steel, 44(4), 4−76.
Kalim, I. (2016). Gwadar Port: Serving strategic interests of Pakistan. South Asian Studies, 31(1), 1−15. http://pu.edu.pk/images/journal/csas /PDF/14%20Inayat%20Kaleem_v31_no1_jan- Pak-
Khan, H. U. (2018). China Pakistan Economic Corridor (CPEC): Benefits for Pakistan and Comparison with Suez and Panama Canals. NAVAL postgraduate school monterey CA monterey United States. 9−27. http://search.proquest.com.libproxy.nps.edu/docview/1768622920/fulltextPDF/E9CD1F07870544A1PQ/1?accountid=12702.
Malik, H. (2012). Strategic Importance of Gwadar Port. Journal of Political Studies, 19(2), 57-69. http://pu.edu.pk/images/journal/pols/pdf-files/gwadar%20article-winter2012.pdf
Naz, A., & Ali, F. (2018). Gwadar Port: As an Economic hub for Maritime Trade in the World Corridor (CPEC). Journal of Business and Social Review in Emerging Economies, 4(1), 7−16. https://doi.org/10.26710/jbsee.v4i1.352
Port, G. (2008). Gwadar port: ‘history-making milestones’. https://www.dawn.com/news/297994/gwadar-port-history-making-milestones
Ramay, S. A. (2016). China Pakistan economic corridor: A Chinese dream being materialized through Pakistan. SDPI, 1−9.
Takreem, K. (2013). Chinese Trade through Gwadar port: Benefits to Pakistan (Doctoral dissertation, University Of Peshawar). http://173.208.131.244:9060/xmlui/handle/123456789/6535
Voice of Baluchistan. (2018). Gwadar: The Door of Wind. https://voiceofbalochistan.pk/blogs/gwadar-the-door-of-wind/
Wheeler, D. B. (2020). Discusses the Pros and Cons of CPEC. LUMS. Lahore. https://sdsb.lums.edu.pk/news/general-news/dr-bob-wheeler-discusses-pros-and-cons-cpec
Wikipedia Contributors. (2020). Gwadar Port. Wikipedia. https://en.wikipedia.org/wiki/Gwadar_Port.
Wilson, J. S., Mann, C. L., & Otsuki, T. (2005). Assessing the benefits of trade facilitation: A global perspective. World Economy, 28(6), 841−871. https://doi.org/10.1111/j.1467-9701.2005.00709.x
Yousaf, T. (2012). Is Gwadar Port an economic haven for Balochistan and Pakistan?http://lup.lub.lu.se/student-papers/record/3224614
Copyright (c) 2021 Humaira Nazir
This work is licensed under a Creative Commons Attribution 4.0 International License.
JAABE follows an open-access publishing policy and full text of all published articles is available free, immediately upon publication of an issue. The journal’s contents are published and distributed under the terms of the Creative Commons Attribution 4.0 International (CC-BY 4.0) license. Thus, the work submitted to the journal implies that it is original, unpublished work of the authors (neither published previously nor accepted/under consideration for publication elsewhere). On acceptance of a manuscript for publication, a corresponding author on the behalf of all co-authors of the manuscript will sign and submit a completed Copyright and Author Consent Form.
Copyright (c) The Authors
